Chinese Economics Thread

sunnymaxi

Major
Registered Member
I don't want to commit Chinese chauvinism here as a non-Chinese yet I would really like to know how they assessed what the cutting edge is and how China is behind this. It is weird to make such claims in the first place when these are so many categories of robots and technologies related to them.
i have read that report. in which they mentioned Chinese companies. mostly are in industrial robots business ..

some useful information rest nothing else. especially about Number of patents and history of those Chinese companies ..

they totally lied about market share , core components and Chinese companies R&D personnel.

my counter post on Robotics thread with links and statistics.. please read this

i have read this report .. ''itif'' report contain some useful information especially about number of Patents and Chinese companies background. but this report severely lacks updated information , market share and core components report..

as of Q12023, Chinese companies overtook 43.7% market share in mainland
as of Q42023, Chinese companies overtook 50% percent market share in mainland

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ESTUN AUTOMATION completed local supply chain of industrial robots-

Estun company personnel told reporters that the company's current self-produced parts have basically met the manufacturing needs of the company's robot products. At the same time, the company has also established an industrial ecological chain from core components to robot bodies to system integration. This gives the company a competitive advantage in terms of cost and quality, and can also create synergies in technology and applications.

Eft recently disclosed at an investor event that in the first half of the year, the company basically achieved full autonomy of controllers, but there are cases where some customers specify controllers due to usage habits. The company has invested in an RV reducer company and introduced other domestic reducer manufacturers. The current utilization rate of domestic RV reducers is 96.71%;. The domestic supply chain for reducers is mature and the company has achieved full localization. The company's drivers are basically outsourced from other domestic brands, and the company is also doing independent research and development of drivers.

ESTUN R&D personnel exceed 1500 ..
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Anhui province based ''EFORT Intelligent Equipment Co., Ltd'' also successfully completed local supply chain. EFORT not only completed supply chain of core components but they established largest production base of high end 'RV REDUCER'' of industrial robots in mainland. and break the long standing Monopoly of Japan..

EFORT has interview with CCTV2 channel last year. CCTV2 visited factory and research base of the company. i personally took all these screenshots..

View attachment 126689View attachment 126690View attachment 126691

ESTUN AUTOMATION
EFORT Intelligent Equipment Co., Ltd
SIASUN ROBOTICS

these three domestic giants rapidly taking over mainland market and have local supply chain.. though 2 more Chinese companies making their mark. Shenzhen based ''inovance technology co. ltd'' could be the next big thing ..

i m not counting KUKA here.. though China owned this firm and overtook supply chain of this firm. KUKA have major production and two R&D bases here in mainland..
 

horse

Colonel
Registered Member
China just keeps on collapsing. What will Xi Jinping do now?

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For that narrative and its mouthpieces, it is bitch slap time.

Actually, it is not even funny. The disinformation they are peddling is so utterly false, it is hard to describe.

It is willful self-deception, apparently to protect fragile egos.

Cannot counter something that will collapse on its own. The best part is that they (the opponent) wasted all their time.



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tphuang

Lieutenant General
Staff member
Super Moderator
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Aliexpress and Cainiao starting 5 day global delivery in UK, Spain, Netherlands, Belgium and Korea

I thought they announced this a while back. I guess finally put into action?
looks like this has now expanded to Germany, France, Portugal, Saudi, America and Mexico

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Arij Javaid

Junior Member
Registered Member
US economy with US dollar permanently devalued and record credit card debt and annual debt increasing by $1 trillion every 4 months- Remarkable resilience

China's economy with 5% GDP growth and projected 7.1% growth for the first quarter - China's economy is falling.

You know western media is high on copium
 

siegecrossbow

General
Staff member
Super Moderator
China is obviously collapsing upwards. Just like how the average Chinese spends negative money.
Even then they try to frame it in a negative way.
New loans in February missed expectations and fell from the prior month, “even after adjusting for seasonality,” Goldman Sachs analysts said in a report on Friday.

“The persistent weakness in property transactions and low consumer sentiment may continue to weigh on household borrowing,” the analysts said. “More monetary policy easing is needed.”

When China did stimulus to prop up real estate: ghost cities bad China on verge of collapse.

Now that China channeling money to innovations in manufacturing: Chinese real estate needs more easy cash injections or pillar of Chinese economy will collapse.
 

CMP

Senior Member
Registered Member
Even then they try to frame it in a negative way.


When China did stimulus to prop up real estate: ghost cities bad China on verge of collapse.

Now that China channeling money to innovations in manufacturing: Chinese real estate needs more easy cash injections or pillar of Chinese economy will collapse.
Any and all of their prognostications always just lead to the same conclusion. China needs more stimulus. Why? Because it will goose the profits for US real estate, banking, and Wall Street.
 

BoraTas

Major
Registered Member
you need to check China's M2 supply, China is printing more money than US + EU combined, and internal inflation in China is very high, really bad for old people.
M2 money supply is mostly about credit growth, which creates a lot of money. You would see it growing fast in a developing country with fast growth and high investment. The video is a good introduction about money creation by banks.

Don't post comments on things you don't know what they mean. Here isn't Twitter or a Think Tank website.
 
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