China's dominance of manufacturing is growing, not shrinking - Politics Forum.org | PoFo

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#15246551
Country gaining market share in both low- and high-tech sectors
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?
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#15246604
"The Chinese economy is currently in bad shape and is likely to stay that way for a while. According to recent data, growth has stalled, youth employment is at an all-time high, the housing market is collapsing and companies are struggling with recurring supply chain headaches.

Other factors seem to have made it worse and these factors include the ongoing impact of a severe drought situation and the failing real estate sector which is suffering the consequences of running up too much debt.

The situations seems to be made much worse by the nations adherence to a rigid zero-Covid policy and it shows no signs of change, at least not in the current year. In the last two weeks, eight major cities have gone into full or partial lockdowns and that impacts the economy in a big way."

https://economictimes.indiatimes.com/ne ... 104046.cms
#15246605
Antunov, I'll fix your little red wagon.....

We're gonna tax our people out of all their free income with 87,000 new IRS agents and mail it in to Beijing for free solar panels and wind turbines.


See, you should never tangle with the U.S. We have something you don't have.... freedumb, apple pie, and democrats.
#15246606
BlutoSays wrote:

We're gonna tax our people out of all their free income with 87,000 new IRS agents and mail it in to Beijing for free solar panels and wind turbines.




Propaganda needs to be, at the very least, vaguely plausible.

That's brain dead, and it tells us you're a puppet dancing for guys screwing you sideways..
#15246643

The significance of war, as governments around the world lift military spending, was highlighted in a recent note to clients by Credit Suisse analyst Zoltan Poszar, cited by the FT, who said whether it was a hot war or an economic war, it meant inflation.

This was the exact opposite of the economic paradigm experienced over the past decades, he said.

“China got very rich making cheap stuff… Russia got very rich selling cheap gas to Europe and Germany got very rich selling expensive stuff produced with cheap gas,” noting that $2 trillion of German value-added production was reliant on $20 billion worth of gas from Russia.

As for the US it “got very rich by doing QE. But the licence for QE came from the ‘lowflation’ regime enabled by cheap exports coming from Russia and China.”



https://www.wsws.org/en/articles/2022/0 ... k-s08.html

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