Thinking about it how China went from making cheap cloths, plastic toys etc to now also manufacturing western high end vehicles, consumer tech etc. Give it 2 more decades and it you get a new western labels like "designed in x" instead of "made in x" i think apple already does this.
Chinese Economics Thread
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Design is always easier than engineering, so it won't be a problem for China to conquer.
Look at current architectural ideas realized in China, they are already like in the year 2124.
So they can't bullshit that China can't design and be creative in general if it focuses on that.
Look at new fashion brands coming from China also rising all around the world right now.
People cannot accept the fact China learns and moves really fast. All those China "experts" don't want to admit their knowledge from even say 10 years ago is already outdated. They probably think only Shanghai is the only modern city when we already have Shenzhen, Guangzhou and Hangzhou as a bare minimum.
The idea that China is moving faster than they can imagine and even have stuff they don't have is unacceptable in their minds.
The world needs to buy more from CATL, BYD and Huawei.
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supercat
Major
No real decoupling from China:
A visualization of the world's auto industry:
A visualization of the world's auto industry:
Chinese smartphone market in Q4
drop for Apple market share
huge jump for Xiaomi and Huawei
Will the yuan strength against the dollar in 2024??
Depends on if the Fed cuts rates. RMB has mostly kept pace with the other major currencies vis-a-vis their USD exchange rates.
Predicting when the Fed will cut rates is a fool's errand but I suppose they'll do so sometime in Q2-Q3. So RMB would start to rise against the dollar sometime shortly after.
Is this decoupling strategy trotted out by those clueless Western politicians, is that serious strategy, or just a cry for help?
I really do not know.
Seems to me some of those Western politicians and their lapdog media voices, are scared witless.
Case in point, in order to decouple from China, someone must build a factory somewhere to increase capacity.
In Germany, they closing factories, which will have a ripple affect cross the entire continent.
Also, it takes time to build a new factory. That TELSA was able to bring a factory online in less two years is not the norm for most of the world.
Then we read articles like the one posted, that the biggest and best and leading companies of the West want more of the China market, and do not want to leave. The best companies of the West want nothing to do with decoupling if they can help it.
So ...
What is the point for decoupling?
It is not a business issue, but a political one I would believe.
Then, that begs the question, what is the political gain for decoupling?
At this point, no one really knows. Why are you trying to decouple?
I think they are really confused.
Decoupling is like a economic/business issue, and most definitely not a political issue.
For example, if a factory in German closes, then by definition, they decoupled from China because they no longer are in operation. That should be a win right, because they were able to stick it to China, when that factory closed won't give the Chinese any more orders.
That is why I believe those Western politicians singing the praises of decoupling from China, are just fools.
At the most fundamental level, they do not understand the world that they built.
In the globalized world, goods and capital move about to anywhere it wants to go.
If they past one law to block something, there could be 1, 2, 3, 5, 10 ways around it.
They cannot be this ignorant of the world they built, can they?
Apparently they are.