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Post by Vinny on Jun 16, 2024 16:38:15 GMT
We cannot afford the levels of subsidy that the Chinese Government are pumping into their manufacturers. Neither can they if the developed world hits back with sanctions and tariffs. |
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Post by Dan Dare on Jun 16, 2024 17:04:46 GMT
We cannot afford the levels of subsidy that the Chinese Government are pumping into their manufacturers. Neither can they if the developed world hits back with sanctions and tariffs. They already have.
The UK is now China's largest market and potential dumping ground for EVs.
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Post by Baron von Lotsov on Jun 16, 2024 17:26:39 GMT
Neither can they if the developed world hits back with sanctions and tariffs. They already have.
The UK is now China's largest market and potential dumping ground for EVs.
The twats over at the EU have also done similar with solar panels. I was looking at a graph the other day which was highly interesting. It tracked the cost of each form of energy. Onshore wind was the cheapest. They were all falling in price but at different rates, but now solar has crossed over and is now the cheapest form of energy. We would love to see masses of cheap solar panels dumped on us because as you might be aware, one crucial factor in success in manufacturing is cheap energy. Energy prices have shot up in the EU, and especially Germany. |
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Post by Pacifico on Jun 16, 2024 17:43:49 GMT
We cannot afford the levels of subsidy that the Chinese Government are pumping into their manufacturers. Neither can they if the developed world hits back with sanctions and tariffs. China has massive economic problems - with rising sanctions, manufacturing reshoring around the globe and a stalled domestic stock market the Communist Party is going to need some answer pretty soon to mitigate a lot of unhappy citizens. |
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Post by Baron von Lotsov on Jun 17, 2024 0:57:08 GMT
Neither can they if the developed world hits back with sanctions and tariffs. China has massive economic problems - with rising sanctions, manufacturing reshoring around the globe and a stalled domestic stock market the Communist Party is going to need some answer pretty soon to mitigate a lot of unhappy citizens. The IMF just upgraded their forecast for China. The massive economic problems are here. |
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Post by jonksy on Jun 17, 2024 3:02:43 GMT
China has massive economic problems - with rising sanctions, manufacturing reshoring around the globe and a stalled domestic stock market the Communist Party is going to need some answer pretty soon to mitigate a lot of unhappy citizens. The massive economic problems are here. With caveats you forgot to mention bvl.....
IMF upgrades China's GDP growth forecasts but warns of risks ahead....
The IMF said it had revised up both its 2024 and 2025 GDP targets by 0.4 percentage points but warned that growth in China would slow to 3.3% by 2029 due to an ageing population and slower expansion in productivity.
It now expects China's economy to grow 5% in 2024 and to slow to 4.5% in 2025.
"The upgrade that we have for this year mainly reflects the fact that first quarter GDP growth came in stronger than expected, and there were some additional policy measures that were recently announced," IMF's First Deputy Managing Director Gita Gopinath said in Beijing.
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Post by Baron von Lotsov on Jun 17, 2024 9:18:53 GMT
The IMF just upgraded their forecast for China. The massive economic problems are here. With caveats you forgot to mention bvl.....
IMF upgrades China's GDP growth forecasts but warns of risks ahead....
The IMF said it had revised up both its 2024 and 2025 GDP targets by 0.4 percentage points but warned that growth in China would slow to 3.3% by 2029 due to an ageing population and slower expansion in productivity.
It now expects China's economy to grow 5% in 2024 and to slow to 4.5% in 2025.
"The upgrade that we have for this year mainly reflects the fact that first quarter GDP growth came in stronger than expected, and there were some additional policy measures that were recently announced," IMF's First Deputy Managing Director Gita Gopinath said in Beijing.
That's a liar bitch. I'll correct it for you.
The upgrade that we have for this year mainly reflects the fact that first quarter GDP growth came in stronger than the IMF expected.
There was no universal expectance.
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Post by jonksy on Jun 17, 2024 9:31:48 GMT
With caveats you forgot to mention bvl.....
IMF upgrades China's GDP growth forecasts but warns of risks ahead....
The IMF said it had revised up both its 2024 and 2025 GDP targets by 0.4 percentage points but warned that growth in China would slow to 3.3% by 2029 due to an ageing population and slower expansion in productivity.
It now expects China's economy to grow 5% in 2024 and to slow to 4.5% in 2025.
"The upgrade that we have for this year mainly reflects the fact that first quarter GDP growth came in stronger than expected, and there were some additional policy measures that were recently announced," IMF's First Deputy Managing Director Gita Gopinath said in Beijing.
That's a liar bitch. I'll correct it for you.
The upgrade that we have for this year mainly reflects the fact that first quarter GDP growth came in stronger than the IMF expected.
There was no universal expectance.
Its from the IMFs own website for FFS bvl. |
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Post by Baron von Lotsov on Jun 17, 2024 9:42:39 GMT
That's a liar bitch. I'll correct it for you.
The upgrade that we have for this year mainly reflects the fact that first quarter GDP growth came in stronger than the IMF expected.
There was no universal expectance.
Its from the IMFs own website for FFS bvl. Sure, and I'm not blaming you. I'm just saying the IMF are lying bitches. China has state growth targets and as I understand it the Chinese state was expecting the level of growth they got. The IMF is a US political organ of state. It is not there to do us any favours, rather it is there to push American interests, as are all the other three letter agencies they promote. So take it with a pinch of salt. I only mentioned it to show you the bitches play China's success down. I personally don't expect any large contraction in growth. I expect it to slow down a bit because 5% of the current economy is far larger than 5% of the economy 20 years ago. It's harder to keep adding 5% to a ever increasing size of economy. The first bit is always easier, where you can deal with the easy things to correct, like essential transport links. They have done most of the rail and road investment in southern China so expansion will be more to do with profits in foreign countries and their northern regions which still need some development. They are going strong into robotics now. This is the new government plan and so the IMF are talking out of their arse to mention population reduction in workforce. |
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Post by jonksy on Jun 17, 2024 9:50:29 GMT
Its from the IMFs own website for FFS bvl. Sure, and I'm not blaming you. I'm just saying the IMF are lying bitches. China has state growth targets and as I understand it the Chinese state was expecting the level of growth they got. The IMF is a US political organ of state. It is not there to do us any favours, rather it is there to push American interests, as are all the other three letter agencies they promote. So take it with a pinch of salt. I only mentioned it to show you the bitches play China's success down. I personally don't expect any large contraction in growth. I expect it to slow down a bit because 5% of the current economy is far larger than 5% of the economy 20 years ago. It's harder to keep adding 5% to a ever increasing size of economy. The first bit is always easier, where you can deal with the easy things to correct, like essential transport links. They have done most of the rail and road investment in southern China so expansion will be more to do with profits in foreign countries and their northern regions which still need some development. They are going strong into robotics now. This is the new government plan and so the IMF are talking out of their arse to mention population reduction in workforce. Well according to you China was overtaking the west in the economic Stakes. China are not doing well and their economy could crash and burn in the near future. |
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Post by Baron von Lotsov on Jun 17, 2024 10:22:43 GMT
Sure, and I'm not blaming you. I'm just saying the IMF are lying bitches. China has state growth targets and as I understand it the Chinese state was expecting the level of growth they got. The IMF is a US political organ of state. It is not there to do us any favours, rather it is there to push American interests, as are all the other three letter agencies they promote. So take it with a pinch of salt. I only mentioned it to show you the bitches play China's success down. I personally don't expect any large contraction in growth. I expect it to slow down a bit because 5% of the current economy is far larger than 5% of the economy 20 years ago. It's harder to keep adding 5% to a ever increasing size of economy. The first bit is always easier, where you can deal with the easy things to correct, like essential transport links. They have done most of the rail and road investment in southern China so expansion will be more to do with profits in foreign countries and their northern regions which still need some development. They are going strong into robotics now. This is the new government plan and so the IMF are talking out of their arse to mention population reduction in workforce. Well according to you China was overtaking the west in the economic Stakes. China are not doing well and their economy could crash and burn in the near future. It's an old assessment. The latest economic data shows China is coming back up to speed now. The West is hitting them with sanctions and tariffs left right and centre, but firstly their measures are got around, e.g. they can transfer manufacture to Vietnam to avoid tariffs, and the other strategy is to develop the global south. All this latest cheap high tech stuff is being installed in places like Russia, South America plus Africa, the Middle East... They have a huge market. Turkey just joined the Brics. It's not China forcing countries to join Brics, it is a case of a long queue and each country is saying pretty please can we join. It's a bit like Reform who now have 50k members up from 30k in a matter of weeks. Brics is the new thing in many countries and offers great hope. Our adopted US strategy does not look like it will work. All we seem to think of is to fight some more, but all the fighting will reduce us to dire poverty and social instability after that. Our country will end up as the mad mullahs. |
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Post by patman post on Jun 17, 2024 17:54:07 GMT
Not sure what’s being argued about here. We have no worries about buying Chinese brown and white goods for our minuscule corporate furnished rental activity. So far we’ve purchased seven Hisense fridge-freezers and five large TV’s. Washing machines and dishwashers have all been German though only two ovens and hobs have been Neff — now we choose Beko. We never buy goods insurance.
What’s happened to the British house brands I remember? They appear to have mostly disappeared with the few that remain (eg, Bush, Kenwood, Jaguar Land Rover, MG) all now being marques of foreign companies. Even London black cabs are Chinese.
I reckon the willingness of British businesses to sell their activities, that previous generations sweated over to create, illustrates the trust we should be prepared to put in British owned manufacturing…
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Post by Baron von Lotsov on Jun 17, 2024 18:01:07 GMT
Not sure what’s being argued about here. We have no worries about buying Chinese brown and white goods for our minuscule corporate furnished rental activity. So far we’ve purchased seven Hisense fridge-freezers and five large TV’s. Washing machines and dishwashers have all been German though only two ovens and hobs have been Neff — now we choose Beko. We never buy goods insurance. What’s happened to the British house brands I remember? They appear to have mostly disappeared with the few that remain (eg, Bush, Kenwood, Jaguar Land Rover, MG) all now being marques of foreign companies. Even London black cabs are Chinese. I reckon the willingness of British businesses to sell their activities, that previous generations sweated over to create, illustrates the trust we should be prepared to put in British owned manufacturing… If you want fridges and freezers I would personally opt for Liebherr. You pay a bit more, but the compressors are excellent. The firm has been doing it for a very long time. Chinese white goods suffer from being expensive to import. |
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Post by patman post on Jun 17, 2024 18:44:48 GMT
Not sure what’s being argued about here. We have no worries about buying Chinese brown and white goods for our minuscule corporate furnished rental activity. So far we’ve purchased seven Hisense fridge-freezers and five large TV’s. Washing machines and dishwashers have all been German though only two ovens and hobs have been Neff — now we choose Beko. We never buy goods insurance. What’s happened to the British house brands I remember? They appear to have mostly disappeared with the few that remain (eg, Bush, Kenwood, Jaguar Land Rover, MG) all now being marques of foreign companies. Even London black cabs are Chinese. I reckon the willingness of British businesses to sell their activities, that previous generations sweated over to create, illustrates the trust we should be prepared to put in British owned manufacturing… If you want fridges and freezers I would personally opt for Liebherr. You pay a bit more, but the compressors are excellent. The firm has been doing it for a very long time. Chinese white goods suffer from being expensive to import. I/we will keep your recommendations in mind. But we’ve only been letting furnished to corporates since 2017/18 and nothing (apart from a previously installed Hotpoint washing machine) has needed to be replaced. In our own residence we have Beko oven and hob, Bosch dishwasher, Hisense fridge freezer (replacement 4 years ago for a bit of Servis branded rubbish), and an LG washing machine. For us, it all comes down to appeal and amortisation and costings… |
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Post by Baron von Lotsov on Jun 17, 2024 20:46:59 GMT
If you want fridges and freezers I would personally opt for Liebherr. You pay a bit more, but the compressors are excellent. The firm has been doing it for a very long time. Chinese white goods suffer from being expensive to import. I/we will keep your recommendations in mind. But we’ve only been letting furnished to corporates since 2017/18 and nothing (apart from a previously installed Hotpoint washing machine) has needed to be replaced. In our own residence we have Beko oven and hop, Bosch dishwasher, Hisense fridge freezer (replacement 4 years ago for a bit of Servis branded rubbish), and an LG washing machine. For us, it all comes down to appeal and amortisation and costings… A lot of fridges and freezers these days will not work under 10C because the refrigerant starts liquefying and it can destroy the compressor. The original refrigerant used was OK, but due to the ozone scare the replacements have caused a lot of trouble. For some reason the Liebherr ones work down to -15C. They are rated at C energy efficiency on the new EU scale where nearly every other make is right at the worst performing end of the scale. I've no idea how they do it, but I know they have a trick the others don't have. Actually I watched a documentary about the history of that firm. They grew from nothing into a giant corporation, which is very impressive. |
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