Miscellaneous News

siegecrossbow

General
Staff member
Super Moderator
Yes pretty much agree with you. For capitalists, China is now the main enabler allowing them to earn and maximise return. They need to plug into China's 1. highly competitive and industrious supply chain to achieve mass production, at the same time being 2. the big market for them to generate revenue. America and EU might still hold some sway for those 2 in some niche sectors but China is already fast dominating the rest while still building up more competitive advantage in areas US and EU are still holding leadership on.

Haha no. In the current economic climate, China is the only one enabling them to get any return at all. Germany car makers are in the red everywhere but in China, for instance.
 

siegecrossbow

General
Staff member
Super Moderator
Tesla Shanghai GigaFactory literally saved Elon's arse. You just need to pull out a daily TSLA chart for the past 4 years and compare it with SPY. Then you examine publicly known events of Tesla at pivot points in the chart. You get the picture without any third-party opinions or propaganda or FUD.

The original deal was a gamble from both parties. Shanghai is my home town where I still have lots of connections. Basically,

Shanghai has been looking to getting back to its previous glory as the #1 city in China after it missed Internet boom. Tesla wants scale out quickly and efficiently outside California (Fremont in particular). China is the place to be as far as EV is concerned: government support, addressable market, industrial supply chains, engineers and technicians, etc.

Tesla wants 100% control. Shanghai wants a cat fish with tax revenue potentials. So the deal is essentially Shanghai municipal government granted almost every wish of Elon (including full financing), while Shanghai gets guaranteed tax receipts in pre-defined time windows. The result was an out-of-the-ballpark surprise to all parties: Shanghai Giga started volume production in less than a year since ground breaking.

Elon becomes the richest dude on this planet. The rest is history.

So when you see Elon speaking nice about China on TV shows, don't be surprised at all. CCP literally has put tens of billions of $ in his pocket.

People who heckle Eileen Gu forget that it was Elon, not her, who praised China in a tweet on the day of CCP's Centennial celebration.
 

supercat

Major
Another infrastructure for the BRI in Serbia and Hungary comes to fruition
So the US bombs, while China builds. Why the US cannot build infrastructures, even in its own country, or implement universal healthcare:

The real situation on the ground in Ukraine is much direr than what the Western media depict:
Azov (Nazi) Battalion executed civilians triying to escape the city.


Residents abused:

Street "justice": ordinary citizens are abused and tortured for all kinds of "violations":
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Someone reported this twitter account. The Ukraine War really released the genie out of the bottle: Western "freedom of speech" is such a joke. China absolutely did the right thing by banning all the Western social media websites and establishing "internet sovereignty".
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Many many more examples of human rights violations by the Ukraine side. Look for yourself.
 
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Abominable

Major
Registered Member
The Anglos basically bribe Iran to end the sanctions so they can start buying Iranian oil again. The Saudis get unhappy.

Suddenly another wild Houthi drone appears and hits Saudi oil refinery, they've already announced it will reduce capacity. No surprise there.

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I wonder what America's greatest ally Israel will do about facing the prospect of a nuclear Iran? They've already refused to take sides in the Ukraine and that was before the Iranian deal.
 

2handedswordsman

Junior Member
Registered Member
Elon Musk and China have a deal: China allows Musk own 100% of its investments in China and opens Chinese EV market to him; Musk promises to develop and use Chinese supply chain in its Chinese operations almost entirely in a short period of time, with built-in incentives and penalties.

So far, both sides have gotten what they shoot for and more. Musk scaled it EV production substantially and took the largest market share in the world's largest EV market. Tesla's market cap and Musk's net worth have gone through the roof. For China, the presence of Tesla has galvanized the EV market and has injected significant and much needed healthy competition into the industry. Consumer, competitors and the supply chain have all benefited from this competition.

China has proven to be the paradise for global capitalists. If they can bring significant benefits to China, that is.
Lol maybe Elon Musk could take a Chinese citizenship. Ambassador of good will like Dennis Rodman
 

Abominable

Major
Registered Member
Haha no. In the current economic climate, China is the only one enabling them to get any return at all. Germany car makers are in the red everywhere but in China, for instance.
One of the reasons why I think these Russian sanctions are unenforceable in reality. Russia is one of the biggest markets for Germany car manufacturers. You don't so goodbye to $30 billion a year overnight without it significantly damaging your own economy.
 

Bellum_Romanum

Brigadier
Registered Member
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The $42Billion so called investment was a down-payment for buying the Indians support against Russia. The west really loves to project their B.S. to China, and yet here we are witnessing India essentially being pressured by the spineless, bushido b.s. Japanese to do their bidding. If India has any self-respect, or dignity left as a supposed great country, it will not follow such dumb dumb push from the Japanese prodding cajoled by the always omnipresent U.S. of A.
 

Bellum_Romanum

Brigadier
Registered Member
Holy fuck. A rookie!

This F1 season looks fun. They made a lot of technical changes. The previous seasons were droll and uncompetitive. It now looks competitive. Esp the battery packs. I think I'm gonna go back to watching F1 again. It finally looks worthwhile of watching.

Bahrain was epic. Both Red Bulls retired of engine trouble. The engineers are in deep trouble!

One of the cars overheated and caught fire. Typical Middle East weather. My boss said in UAE, all sports cars must be fitted with extinguishers. I can see why now.
I had to subscribe to Formula 1 TV just to watch Zhou race this season.

He drove a mature yet aggressive race, managing to overtake a couple of cars ahead of him when he ended up falling several places down to 20th from 14th place (qualifying) due to gearbox, vibration issues with their clutch per Valtteri Bottas comment post-race interview. Zhou was only .385 away from his idol Fernando Alonso on the last lap prior to the safety car. He could have managed to finish 9th or 10th without the aid from the retirements of both Red Bull cars. So overall, Zhou's race craft was on point, he just needs to work on his weakness which is qualifying and bad starts.
 
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