China is suffering deflation so it is pretty clear the central bank needs to increase the money supply.
Chinese Economics Thread
- Thread starter Norfolk
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These primarily involve high-risk leveraged private lending and REIT funds designed for accredited investors. While it's unclear if Zhongzhi is involved in fraudulent activities, individuals seeking returns higher than the market should be ready to face potential losses.
Is majority of money invest by small investors? If not, it's fine.
Well yeah, I never said those were smart long term actions for any country to take. You're not contradicting me.
Nope. These kind of products are often unregulated and are meant for wealthier investors with higher risk tolerance. Think Blackstone's offerings.
This will make those wealthy guys invest in more meaningful industry like semiconductor.
Alibaba leads China’s growing cloud market
Chinese cloud providers Alibaba, Huawei and Tencent collectively grew 22% in the third quarter of 2023 to capture 73% of the China cloud market’s $9.2 billion total Q3 spend, according to a new Canalys report. Mainland China’s cloud infrastructure services market grew 18% year-over-year and represented 12% of worldwide spending on cloud services.
The market remains conservative, however, and government and state-owned enterprises drove the majority of that growth. Nonetheless, the market has reached a stable growth phase, analysts noted. Cloud vendor investments in artificial intelligence (AI) technology also drove growth in Q3, with Alibaba Cloud and Huawei Cloud launching AI model development platform that support third-party open-source AI model integration.
Chinese cloud providers Alibaba, Huawei and Tencent collectively grew 22% in the third quarter of 2023 to capture 73% of the China cloud market’s $9.2 billion total Q3 spend, according to a new Canalys report. Mainland China’s cloud infrastructure services market grew 18% year-over-year and represented 12% of worldwide spending on cloud services.
The market remains conservative, however, and government and state-owned enterprises drove the majority of that growth. Nonetheless, the market has reached a stable growth phase, analysts noted. Cloud vendor investments in artificial intelligence (AI) technology also drove growth in Q3, with Alibaba Cloud and Huawei Cloud launching AI model development platform that support third-party open-source AI model integration.
Tesla now makes the majority of its cars officially in China, and the suppliers for cars there are 95% also from China, the most locally dependent in the whole world.
And on top of that, those cars made in China are rated the best in the whole world in terms of quality. This destroys another myth of supposedly bad "quality" of Chinese products that illiterate Westoids spew,
But it also shows another interesting thing. Why do all of those "Western" brands all have to produce and source in China if they are "Western"? That's because due to deindustrialization in the West and superiority of the Chinese manufacturing, they can't do without it.
Tesla is even good, I think the majority of those brands that the cocky Westerners are proud of all even more dependent on China.
Half of those Western brands they are proud of in the West, are at least 50% Chinese if we look at where they are produced, where the facilities are, employees, assets, etc.
And they have to pay taxes in China, remember, because it's a serious country, unlike pirate-originated historically countries like the US where the corporations nearly completely, and nearly all, avoid paying corporate taxes.
So, if those Western brands have more production in China, pay more taxes in China, and pay more employee contributions in China, China benefits many times more from them, how exactly are they "Western" then?
Just because of their Western name or origins decades ago? That doesn't make any sense. At best, those brands are international, and at worst for the cocky bragging Westoids, they are simply Chinese companies. At least more Chinese that they are their own going by the simple logic.
And on top of that, those cars made in China are rated the best in the whole world in terms of quality. This destroys another myth of supposedly bad "quality" of Chinese products that illiterate Westoids spew,
But it also shows another interesting thing. Why do all of those "Western" brands all have to produce and source in China if they are "Western"? That's because due to deindustrialization in the West and superiority of the Chinese manufacturing, they can't do without it.
Tesla is even good, I think the majority of those brands that the cocky Westerners are proud of all even more dependent on China.
Half of those Western brands they are proud of in the West, are at least 50% Chinese if we look at where they are produced, where the facilities are, employees, assets, etc.
And they have to pay taxes in China, remember, because it's a serious country, unlike pirate-originated historically countries like the US where the corporations nearly completely, and nearly all, avoid paying corporate taxes.
So, if those Western brands have more production in China, pay more taxes in China, and pay more employee contributions in China, China benefits many times more from them, how exactly are they "Western" then?
Just because of their Western name or origins decades ago? That doesn't make any sense. At best, those brands are international, and at worst for the cocky bragging Westoids, they are simply Chinese companies. At least more Chinese that they are their own going by the simple logic.
Even so, as an oligarch with deep ties to US military and security, Elon Musk is very dangerous. It's a good thing that China keeps him close, as one should do with enemies. Complacency towards the likes of Tesla should never exist, at most, it's a positive that they rely on China and have to pay Chinese companies, because it means they can be shut down.
The fact Tesla managed to be a competitor in the global car market, despite how US carmakers were considered dead before, it shows that more efforts are needed from Beijing to fight and suppress them across the board. Every Tesla sold outside of US is a threat to Chinese national security.