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Post by Baron von Lotsov on Sept 13, 2024 10:54:42 GMT
The cost of energy is making manufacturing in the EU uncompetitive in the global market. Also as Chinese manufacturing expands its global market, so there has to be decline in non-Chinese manufacturing. A family is not going to buy more cars just because China is making more of them, so it is a zero sum game in effect. Those who win, do so at the expense of the rest. The rest we speak of is sometimes referred to as the G7, as per Western large industrial economies.
So given that China is making more, so the G7 see a shrinking overall pie, and they are going to fight over this shrinking food supply. The country which is head of the G7 as the most economically powerful is the US, so we can expect the US to fight for their share to remain stable or even increase at the expense of the EU. This is indeed what is happening via the US reserve currency used to run up far more debt to subsidise manufacturing in the US. This plan for now appears to be working for the US where there are generous subsidies for green tech and microchip production. However this also sacrifices the integrity of the dollar, so it could be a case of short-term gain for long-term assured destruction (kicking the can down the road strategy).
As we are now the EU and its precious car industry is being shot at from both sides. China is aggressively fighting for greaser market share by taking very low profits on production and investing heavily in R & D, while from the other side is this strong subsidy magnet.
I have a video here which is a report on VW, Germany's largest car manufacturer who employ 680 000 people globally. They are currently in the process of restructuring by closing German car factories. This is no longer conjecture, but happening on the ground. VW see a 7% decline in export to China in the last year, their largest car market.
The trouble here is car manufacturing is an EU-wide operation where it supports thousands of firms who supply the manufacturers and all the service industry as well.
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Post by Vinny on Sept 13, 2024 11:02:27 GMT
What a load of rubbish you're talking.
The real problem with the EU car industry is the mandated phaseout of internal combusion engines rather than a push for synthetic fuels.
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Post by Baron von Lotsov on Sept 13, 2024 11:37:06 GMT
What a load of rubbish you're talking. The real problem with the EU car industry is the mandated phaseout of internal combusion engines rather than a push for synthetic fuels. I'm not talking rubbish, and it is not an either/or situation either. The EU has made a lot of stupid decisions which have contributed to the decline of their economy, and the point you mention is one of them. Any time you legislate to force the market, you will inevitably cause economic loss, which means you have less funds to invest in your R and D.
What the Chinese government's base strategy is, is they believe socialism and capitalism need to co-exist. When they talk about socialism though, it means something very different to how we understand the term. The socialism they mean is things like lets say you want a successful car industry. Rather than the state restricting what people can do, the kind of socialism they mean is to improve the state education so the ones who work in the industry are smarter. It's a way of thinking about it where the one compliments the other.
Here in the UK our base modus operandi is for the socialists to continuously fight the capitalists. Like another example of this Chinese socialism is where the government assist industry in adopting new technology. We typically think of socialism as things like gay rights and union walkouts. It's just another example this where the one side can not understand the other side because words in Chinese don't translate at all well into English! Anyway, whatever they do, it shows that it has not only reached the level of the established European car manufacturers, but at least in technology terms they have overtaken them. If you want the world's best car batteries, you have to shop in China. I can only admire the achievement they have in this. The EU looks like it was asleep at the wheel.
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Post by Vinny on Sept 13, 2024 18:12:58 GMT
You are talking rubbish, you promote a communist dictatorship at every opportunity.
Go live there if you love China so much.
Seriously.
It's governed by BASTARDS.
Spend a year there and you'll wish you were back in blighty.
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Post by Baron von Lotsov on Sept 14, 2024 9:57:06 GMT
You are talking rubbish, you promote a communist dictatorship at every opportunity. Go live there if you love China so much. Seriously. It's governed by BASTARDS. Spend a year there and you'll wish you were back in blighty. The Spanish prime minister has just had a 4 day meeting in China where he met President Xi.
Spain is opposing EU tariffs on Chinese EVs and Spain is looking at some large inward investment, including Cherry who want to set up factories in Spain. The EU is now split on China. Germany and France also want to attract Chinese business and have both met President Xi.
By the way, you sound like the bastard here.
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Post by Vinny on Sept 14, 2024 9:58:04 GMT
Go live in China if you love that dictatorship so much.
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Post by Baron von Lotsov on Sept 14, 2024 19:15:02 GMT
Go live in China if you love that dictatorship so much. I thought you were agaisnt immigration. Make up your mind.
The Chinese live in China where everything is orientated towards what Chinese like. They don't run the country to please you. You are totally ignorant of their culture and this is why you have so much hate towards them. They are not doing you any harm. I've never seen a Chinese immigrant in the UK try and murder someone. The ones that do all come from Africa, the Middle East and the Indian subcontinent. Can't you get it into your head that you are attacking the wrong people. The Chinese are peace-loving. Deal with the real threats to the UK, not the imagined ones.
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Post by Vinny on Sept 15, 2024 13:56:16 GMT
I'm not anti emigration. You love China and hate the UK, so go and live in the dictatorship.
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Post by Baron von Lotsov on Sept 15, 2024 16:35:30 GMT
I'm not anti emigration. You love China and hate the UK, so go and live in the dictatorship. I don't hate the nation. I think it has done a lot of good things in the past. What I think is the UK is now pointing fingers at all and sundry, but failing in everything it tries to do. It holds the unenviable record of having built the most expensive nuclear power station in the world and I think HS 2 would have broken a similar record or two in the same way. China can build infrastructure at a fraction of the cost that we do. It can build a battle ship or a fighter plane typically at least down to 1/5 of the cost, sometimes much less.
You can not ignore them either. I'm pretty certain I'll see them become the world's largest economy in my life. They will be the dominant global power. I think they will replace the US power over the world and make things more democratic. Each nation will have more input to global decisions. All you can do though is talk about what I like or hate. I'm unimportant. I can't change the course of the world. If I'm right, I would say our best option is to work with China, share the technology and expertise we have to help China and we will see a fair cut of the profits, so our economy would grow as China grows and we will lead a stress free and productive existence, working on all manner of advanced technology. The way I see the UK though is that it will choose to side with India, the Middle Eastern countries, and Africa. it will regress to their standards of living and their moral behaviour. The UK could become like some places went which were where the entire country is run by crime. Like a dog eat dog primitivism. China does not stand for that though. China is aiming upwards. They are a bit like Victorian England where everyone tried to live and behave respectfully. China has been in the swamp and knows not to get stuck in it again.
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Post by Pacifico on Sept 15, 2024 17:54:28 GMT
You can not ignore them either. I'm pretty certain I'll see them become the world's largest economy in my life. They will be the dominant global power. I think they will replace the US power over the world and make things more democratic. Highly unlikely - growth in China has slowed whilst in the US it rising at a much faster rate. Of course the US economy might go into recession/depression but then given the dependence of China on exports to the US that would also decimate the Chinese economy.  |
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Post by Baron von Lotsov on Sept 15, 2024 19:08:32 GMT
You can not ignore them either. I'm pretty certain I'll see them become the world's largest economy in my life. They will be the dominant global power. I think they will replace the US power over the world and make things more democratic. Highly unlikely - growth in China has slowed whilst in the US it rising at a much faster rate. Of course the US economy might go into recession/depression but then given the dependence of China on exports to the US that would also decimate the Chinese economy. They are aware of that and that is why thy are pulling their money out of US bonds. The money goes to develop third world markets like Africa. In 20 years they will be buying cars, and the same thing in South America, except they will be a more immediate market. Don't rest on your laurels looking at that graph. China on the whole in terms of material wealth and amenities is living comfortably. It's more like France where the government has more money in developing the environment. Compare New York subway to the one in Shanghai and you will see the difference. |
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Post by Pacifico on Sept 15, 2024 21:36:28 GMT
Highly unlikely - growth in China has slowed whilst in the US it rising at a much faster rate. Of course the US economy might go into recession/depression but then given the dependence of China on exports to the US that would also decimate the Chinese economy. They are aware of that and that is why thy are pulling their money out of US bonds. The money goes to develop third world markets like Africa. In 20 years they will be buying cars, and the same thing in South America, except they will be a more immediate market. Don't rest on your laurels looking at that graph. China on the whole in terms of material wealth and amenities is living comfortably. It's more like France where the government has more money in developing the environment. Compare New York subway to the one in Shanghai and you will see the difference. LOL - you do talk some shit. The rich Chinese are fleeing to Dubai and the poor are fleeing to asylum in the US - actual Chinese people are voting with their feet, not relying on some daft youtube video bigging up the Chinese Communist Party. Chinas lack of growth is a major problem for them, many of them have lost their life savings in the property bubble and the Government are scratching around looking for ways to boost the economy - trouble is they refuse to relinquish the control of the State, so the expansion at the moment is based on throwing ever more subsidies at loss-making companies. Until they allow a free market China will struggle to over take America. |
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Post by jonksy on Sept 15, 2024 22:39:48 GMT
Highly unlikely - growth in China has slowed whilst in the US it rising at a much faster rate. Of course the US economy might go into recession/depression but then given the dependence of China on exports to the US that would also decimate the Chinese economy. They are aware of that and that is why thy are pulling their money out of US bonds. The money goes to develop third world markets like Africa. In 20 years they will be buying cars, and the same thing in South America, except they will be a more immediate market. Don't rest on your laurels looking at that graph. China on the whole in terms of material wealth and amenities is living comfortably. It's more like France where the government has more money in developing the environment. Compare New York subway to the one in Shanghai and you will see the difference. China is now just a parking lot for empty shipping containers baron....
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Post by Baron von Lotsov on Sept 15, 2024 23:00:56 GMT
They are aware of that and that is why thy are pulling their money out of US bonds. The money goes to develop third world markets like Africa. In 20 years they will be buying cars, and the same thing in South America, except they will be a more immediate market. Don't rest on your laurels looking at that graph. China on the whole in terms of material wealth and amenities is living comfortably. It's more like France where the government has more money in developing the environment. Compare New York subway to the one in Shanghai and you will see the difference. China is now just a parking lot for empty shipping containers baron....
The US is playing a lose-lose game with China. They cranked up the tariffs to extreme levels. As I have already said, China saw this coming long ago. Same thing with the chips and the killing off of the Huawei phones to save Apple's market. Now they have sprung back into action. Also the press over there are a bit like our own and tend to flap a lot if the economy misses the targets. I think the SCMP is owned by Jack Ma. He's a bit of a rebel and fell out with the party somewhat. He is known for bigging things up. He's like our Farage: tolerated, but even so the Tories give him nasty looks quite often. |
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Post by jonksy on Sept 15, 2024 23:16:52 GMT
China is now just a parking lot for empty shipping containers baron....
The US is playing a lose-lose game with China. They cranked up the tariffs to extreme levels. As I have already said, China saw this coming long ago. Same thing with the chips and the killing off of the Huawei phones to save Apple's market. Now they have sprung back into action. Also the press over there are a bit like our own and tend to flap a lot if the economy misses the targets. I think the SCMP is owned by Jack Ma. He's a bit of a rebel and fell out with the party somewhat. He is known for bigging things up. He's like our Farage: tolerated, but even so the Tories give him nasty looks quite often. Rubbish BVL the world no longer needs chinese junk. Why buy a fiat when you can buy a RR at the same price and hasn't travelled halfway across the globe to get to the consumer. |
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