Chinese Economics Thread

vincent

vincent

Grumpy Old Man
Staff member
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Michael90 said:
How is it possible that car sales increase by 14% which is quite a lot, but revenue remain the same? That will mean that car sales prices have declined even more than they were already ?
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A few years ago the cost of batteries made up to 40% of the cost of an EV. Guess what, the cost of batteries have been coming down, a lot. Sodium batteries(from CATL)-equipped EVs which will go on sales in December which will continue the price reduction trend.
 
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manqiangrexue

manqiangrexue

Brigadier
Michael90 said:
Yeah without the real estate issue, China will be growing by 6% a year at least.
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Real estate isn't an issue though. It's great that the CCP doesn't chase numbers for the sake of numbers. "Houses are for living in, not speculating on," is a core tenant for overall societal health and happiness. It would be a capitalistic shame to throw this away and drain the common man to line the pockets of fat cats all for a superficial percentage in GDP.
 
zbb

zbb

Senior Member
Registered Member
ENTED64 said:
Well it means the average selling price declined a lot but that's not necessarily due to prices of the same car declining but rather it could be that more mass market cars are being sold and less top end cars are being sold. In reality it's probably a combination of both some price declines due to fierce competition but also more volume in sales in mass market models that were priced lower to begin with.
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Another major contributor to lower average selling price is luxury Chinese EVs displacing much more expensive luxury German ICE vehicles.
 
J

jli88

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<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Did you know China’s latest overcapacity isn’t in EVs or steel — it’s in AI PhDs? I&#39;m only kind of joking ... <a href="
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">@jjding99</a> shared a story in his ChinAI newsletter about this phenomenon. It follows PhD graduates from pretty-good-but-not-elite Chinese universities who are…</p>&mdash; Rui Ma (@ruima) <a href="
https://twitter.com/i/web/status/1980745529412972872
">October 21, 2025</a></blockquote> <script async src="
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That's why I keep saying China needs a tech stimulus. This story repeats in various other fields. Making this talent work within the industry will help in advancing tech, as well as provide a much needed economic stimulus. And to top that, China still loses a lot of highest end talent (top 0.1%) to the West like there's no tomorrow.
 
tphuang

tphuang

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basically Rio Tinto is looking to do asset for equity swap with Chinalco. So, the asset it is looking to entice Chinalco are

For that reason, Rio assets that would be of interest to the Chinese state-owned enterprise are the Simandou iron ore project in Guinea, which is already 75% Chinese-owned and a target of Chinalco's failed 2016 buyout attempt, and the Oyu Tolgoi copper mine in Mongolia, a fourth source said.
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Another possible swap could include Rio's titanium business, another said, which is
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as part of a broader restructuring by new chief executive Simon Trott.
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Seems like both of those first two assets would be very interesting.
 
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