Rerouting indeed. Lol. Moroever, it helps that the US has also imposed steep tarriffs on other asian countries and mexico who are chinas competitors . So overall, it has still led to a situation where chinese goods are now still more competitive compared to her competitors who also face tarriffs though not as high as China's.
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Chinese Economics Thread
- Thread starter Norfolk
- Start date
Some guy in this forum said China will be testing an EUV machine next month. I am not sure if it is true or not.
By the end of 2026 or Q1 of 2027, that EUV machine can do massive production.
South East Asia is doing the transshipment and rerouting for China. It works out the same. The final product destination is America which is all it matters..
By the end of 2026 or Q1 of 2027, that EUV machine can do massive production.
South East Asia is doing the transshipment and rerouting for China. It works out the same. The final product destination is America which is all it matters..
I feel like Black Myth Wukong is the perfect example of "pursuing high quality development" for the video games industry
The sensible path is to target investment & stimulus towards high margin industries that China doesn’t already have globally dominant players in, which is exactly what is happening. Disrupting existing Western, Japanese, and South Korean monopolies in spaces like software platforms, energy efficient automobiles, large OLED panels, etc is exactly what China should be & is doing.
The key to this disruption is increased R&D spending. Of course, you would also need to reorient academic institutions towards training people for the shift in focus. Fortunately all that’s already been happening.
Besides this, throwing some more money at the demographics challenges would also help address long term risks to the economy while unleashing some short term consumption benefits (marriage & children both result in a lot of spending). It won’t lead to near term gains in market share the way disrupting monopolies would, but it’s the same as infrastructure spending in being a long horizon investment.