- 11 Sep 2022 07:11
#15246551
Country gaining market share in both low- and high-tech sectors
https://asia.nikkei.com/Opinion/China-s ... -shrinking
BASF just poured 10 billion euro investment into China: https://www.globalconstructionreview.co ... cal-plant/
What now Yankee?
https://asia.nikkei.com/Opinion/China-s ... -shrinking
China has commanding control of two of the biggest new industries: electric vehicles and solar panels. Not just the end products but also the entire supply chain. Most countries, US and Europe included, are heading in this direction
China also has the world's most industrial robots, at around 27% of world total, 3x of US', and increasing. It is a sign of China moving up the value chain and continue to increase productivity
So far, no signs of a down year for agriculture. Rice production is expected to be about even as last year, which is 150 million tons. With 100 million tons in reserve, China does not need to import more rice this year thus reduce some pressure on the international market. (India produces about 130 million tons per year)
BASF just poured 10 billion euro investment into China: https://www.globalconstructionreview.co ... cal-plant/
What now Yankee?