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Post by Dan Dare on Dec 1, 2023 21:50:08 GMT
Regarding the Baron's 'my watch is better than yours' remark reminds me of a joke Lee Kwan Yew used to enjoy telling to an audience of Western expats in Singapore who he assumed wouldn't have a a clue about Chinese culture:
Q Do you know why tailors in Shanghai always make the left hand sleeve 2 inches shorter than the right?
A It's so they can show off their Rolex.
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Post by Baron von Lotsov on Dec 1, 2023 22:05:43 GMT
Regarding the Baron's 'my watch is better than yours' remark reminds me of a joke Lee Kwan Yew used to enjoy telling to an audience of Western expats in Singapore who he assumed wouldn't have a a clue about Chinese culture: Q Do you know why tailors in Shanghai always make the left hand sleeve 2 inches shorter than the right? A It's so they can show off their Rolex. Shanghai is now one of the richest cities in the world. My brother's wife is from there. I would not say the billionaires are too flashy though. Most of them have worked very hard and originally were from poor backgrounds, but their offspring in some cases have turned into classic playboys with the fast cars. By the way, do you recall all of that panic over the property collapse? It turns out the property market was turning into a bit of a Ponzi scheme, so after the government moved in to rectify it, what has happened is the money that was being invested into property now does not make a return in property so huge capital flows have been redirected into the tech sector. A lot of that has gone into green energy. Green energy is now cheaper than conventional power. |
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Post by Pacifico on Dec 1, 2023 22:16:37 GMT
The money might have gone into green energy but it didn't impress the markets. The Chinese Government had to step in today to support Chinese share prices to stop them following property prices down.
It's not looking too good in China at the moment.
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Post by Baron von Lotsov on Dec 1, 2023 22:41:58 GMT
The money might have gone into green energy but it didn't impress the markets. The Chinese Government had to step in today to support Chinese share prices to stop them following property prices down. It's not looking too good in China at the moment. I don't know where you got that from, but I think it sounds like a bit of a nothing burger of wishful thinking. It is true the Chinese industry has suffered a bit from US sanctions and the US trying to move out of China and set up manufacturing in India, e.g. this is what Apple are doing, but if markets are so bad, that seems perplexing to me given the report today in the Global Times.
Those in glass British houses should note UK's November manufacturing PMI is 47.2 although better than last month at 44. 8.
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Post by Pacifico on Dec 1, 2023 22:51:11 GMT
The money might have gone into green energy but it didn't impress the markets. The Chinese Government had to step in today to support Chinese share prices to stop them following property prices down. It's not looking too good in China at the moment. I don't know where you got that from, but I think it sounds like a bit of a nothing burger of wishful thinking.
well I tend to listen to the markets rather than Chinese propaganda - I find it gives a more accurate report.. Chinese stocks fall to 4 year low.  Chinese Government getting so concerned they are now propping up the market. |
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Post by Baron von Lotsov on Dec 1, 2023 23:35:57 GMT
I don't know where you got that from, but I think it sounds like a bit of a nothing burger of wishful thinking.
well I tend to listen to the markets rather than Chinese propaganda - I find it gives a more accurate report.. Chinese stocks fall to 4 year low. Chinese Government getting so concerned they are now propping up the market. Yes I admit it does look a bit grim. The US is borrowing a lot of money so if you look at the increase in borrowing you can see why the market has gone up, but I think the inflation reduction act is hitting many markets globally. Our markets are also heading down. The other thing is China is investing a lot in R & D right now to counter US sanctions. These investments will pay off over time. They are building a chip industry. They are taking on the US/Taiwanese chip industry. In the end it all hinges on who has the better technology. |
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Post by Baron von Lotsov on Dec 1, 2023 23:51:12 GMT
China is now installing solar power across the Middle East, including the world's largest solar array at 2.1GW.
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Post by Baron von Lotsov on Dec 3, 2023 14:51:06 GMT
This fast car charger from Huawei will charge a car in less than ten minutes or 1km of charge for every second it is charged. |
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Post by Baron von Lotsov on Dec 4, 2023 1:42:07 GMT
This one is on material science and in particular bamboo fibre. It's a bit like carbon fibre. It is as strong as steel and concrete, is environmentally friendly, durable... You can make virtually anything out of bamboo.
Do you recall all those comments on people screaming about recycling and material availability for the green revolution? Well now you can grow as much as you like and burn it when you have finished with it.
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Post by Baron von Lotsov on Dec 4, 2023 19:54:51 GMT
This one is a broad layman's overview of AI chip development for mobiles and cloud servers. Huawei went into the cloud server business when its phone sales were trashed by US sanctions. It was your bread and butter work to basically avoid mass redundancies and turn over some business to keep afloat, but interestingly it now sees it can develop a cloud AI computing division built out of its own AI chips. The Ascend range of AI chips were actually launched before the sanctions, but now they have added to the range and beefing things up. I'd expect the AI cloud server market will see rapid expansion. Normally this is done using Nvidia AI chips, but these are on the sanction list now, so Huawei to the rescue.
I think the girl who put this together probably works for the firm. It is interesting in that it gives you an overview of how their business strategy works, which is pretty intelligent. The way to visualise how they plot things is to watch a game of Go.
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Post by Deleted on Dec 4, 2023 20:35:09 GMT
I'm sure they will develop even more efficient technology and surveillance networks to persecute the Buddhists and all who dare oppose the Communist Party of China. Their goal is not repression of their own people. They can do that perfectly well with 20th century technology. Their goal is technological and economic superiority over the west, and they will spend vastly more than we will to attain this. Take that as a warning from the present about the future. We need to wake up to this. |
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Post by Vinny on Dec 4, 2023 21:23:03 GMT
Forget China's spyware tat.
And to hell with China's Communist Dictatorship.
Free Tibet.
Hit Xi Jinping with sanctions.
Destroy the market for Huawei junk.
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Post by Baron von Lotsov on Dec 4, 2023 23:41:10 GMT
I'm sure they will develop even more efficient technology and surveillance networks to persecute the Buddhists and all who dare oppose the Communist Party of China. Their goal is not repression of their own people. They can do that perfectly well with 20th century technology. Their goal is technological and economic superiority over the west, and they will spend vastly more than we will to attain this. Take that as a warning from the present about the future. We need to wake up to this. I think you have got it in a nutshell. I hope my videos have been helpful explaining the range of technology they are currently working in. |
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Post by Baron von Lotsov on Dec 4, 2023 23:44:54 GMT
Forget China's spyware tat. And to hell with China's Communist Dictatorship. Free Tibet. Hit Xi Jinping with sanctions. Destroy the market for Huawei junk. R & D spend:
Britain's top spender - BT - $0.5bn, now somewhere around $1bn per annum after recent increase. Huawei $15bn per annum. I think that has gone up now as well.
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Post by Vinny on Dec 4, 2023 23:55:43 GMT
I don't want Chinese spyware in my house.
I don't want to fund a human rights abusing Communist dictatorship.
Hit China with heavy sanctions.
Justice for Tiananmen square.
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