Chinese Economics Thread

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Andy1974

Senior Member
Registered Member
theorlonator said:
This is a retaliation I didn't expect, I wonder whom it'll affect.
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It’s not a ban but a control, and it seems to be a lot about machines and tools. Foreign companies can still get these but they have to partner with a state owned enterprise according to the article. So, US defense companies building gas turbines won’t be able to get Chinese tools to do so, this is going to make it hard to build warships. With a control order in aerospace tools it’s going to be hard to make drones, rockets engines and satellites, which you can’t fight without.

I think the biggest affected will be Ukraine, who will run out of everything they need starting July 1st. Russian companies can just partner with Chinese SoE’s and get the tools and components legally.
 
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henrik

Senior Member
Registered Member
escobar said:
Beijing announces export control on parts and engines of aerospace equipment and gas turbines. US, Germany, Saudi Arabia are the top importers of “aircraft, spacecraft and parts thereof” from China during the first 4 months of 2024. Taking effect as of July 1, relevant equipment, software and technology will not be allowed to be exported without permission. US, France and Hong Kong the top importers of goods belonging to “turbojets, turbopropellers and other gas turbines, and parts thereof” in same period.
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Are these tools makers technological leaders in their industry?
 
sunnymaxi

sunnymaxi

Major
Registered Member
henrik said:
Are these tools makers technological leaders in their industry?
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Chinese tools and equipment reached the level of German and Japanese in precision..

in Q1,2024 China.. There were 5 Chinese companies in top 10 in high end category. and for the first time. a Chinese company ''Beijing JINGDIAO'' tops the list.

no doubt, all these tools and equipment available in Europe/Japan but cost will be much higher as compared to Chinese ones.

China also put ''ultra-high-molecular-weight polyethylene fibre'' into export control list.. again all these action will increase cost further especially for European countries. they are highly dependent on China for metals and raw material used in high tech..
 
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antiterror13

Brigadier
sunnymaxi said:
Chinese tools and equipment reached the level of German and Japanese in precision..

in Q1,2024 China.. There were 5 Chinese companies in top 10 in high end category. and for the first time. a Chinese company ''Beijing JINGDIAO'' tops the list.

no doubt, all these tools and equipment available in Europe/Japan but cost will be much higher as compared to Chinese ones.

China also put ''ultra-high-molecular-weight polyethylene fibre'' into export control list.. again all these action will increase cost further especially for European countries. they are highly dependent on China for metals and raw material used in high tech..
Click to expand...

Interesting if China did that for pharmaceutical, especially antibiotics ;)
 
proelite

proelite

Junior Member
victoon said:
But India will be the biggest loser in all of this. SE Asia is India's biggest economic competitor for outsourcing jobs.
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SE Asia is already lapping in the race.

More lax labor and environmental regulations.
Better geographical situation.
Better geopolitical situation due to being able to get FDI from and export to both East and West.
More internal competition between sovereign states.
 
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drowingfish

Junior Member
Registered Member
proelite said:
SE Asia is already lapping in the race.

More lax labor and environmental regulations.
Better geographical situation.
Better geopolitical situation due to being able to get FDI from and export to both East and West.
More internal competition between sovereign states.
Click to expand...
yes india may look like a unified country on the surface, but it is just as fragmented as SEA.
 
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