Chinese Economics Thread

Orthan

Senior Member
China losing its electronics supply chains. Disaster...

If the US is the consumer for those chains, its natural that it wants to decide from where it wants the product it consumes to come. China will have to create their own supply chains and not depend on US/japan/taiwan tech.

this forum is filled with Chinese nationalists.

This is a military forum. Its natural that it atracts people with strong national feelings. But why are you so upset in debating with them? Do you think you will change anyone´s opinions?

And dont worry. Today´s china is not nazi germany. The age of emperors and mad ideologues ended in the 20th century. There wont be any WWIII.
 

caudaceus

Senior Member
Registered Member
With all the debates regarding the supply chain, my opinion is

Companies invest in China is a business decision. While the decoupling is a political decision.
Can the political will outperform the business will?
Quite difficult IMHO.
 

emblem21

Major
Registered Member
With all the debates regarding the supply chain, my opinion is

Companies invest in China is a business decision. While the decoupling is a political decision.
Can the political will outperform the business will?
Quite difficult IMHO.
Also something to note is that with the record amount of bankruptcies in the USA along with sky high unemployment, really no matter what politics is used, most business would rather go to where the money is, which explains why no one would invest in the USA right now because is going to be hard to make money of people that have no money to spend.
hence in the future, if the USA becomes a problem, simply design the supply chain to the point where the USA has no say in the matter. Hence who is going to be the loser here. If the USA wants to design there supply chains to only cater to themselves, sure thing but given the lack of quality investments, the USA can only expect low quality goods and service in the future.
 

2handedswordsman

Junior Member
Registered Member
An other field to explore is the money itself. The very meaning and function of currency. How the wage is calculated, what means that is based by the time of an 8hour workmanship. What if we shift this parameter to 6hour work. After that, an average worker will continue his life working 6 hours instead of 8, five days a week, and still get paid the same amount of money. Prices stay the same, and everything continues the same. Instantly, everyone is richer by working lesser, everyone has extra time to spent this surplus and create the force that will fill the vacant workhours that occured because of the shift. One extra shift will be needed to re-achieve the 24/7 and to mobilise the unemployed people. Fiat money my @ss. Workmanship is the base of value lets not forget it.
 

gelgoog

Lieutenant General
Registered Member
An other field to explore is the money itself. The very meaning and function of currency. How the wage is calculated, what means that is based by the time of an 8hour workmanship. What if we shift this parameter to 6hour work. After that, an average worker will continue his life working 6 hours instead of 8, five days a week, and still get paid the same amount of money. Prices stay the same, and everything continues the same. Instantly, everyone is richer by working lesser, everyone has extra time to spent this surplus and create the force that will fill the vacant workhours that occured because of the shift. One extra shift will be needed to re-achieve the 24/7 and to mobilise the unemployed people. Fiat money my @ss. Workmanship is the base of value lets not forget it.

Yeah, a lot of early civilizations had no money but made citizens work a given amount of time to the state. The Sumerians did this. The same people who invented the time system we still use today with 24 hours a day and 60 minutes in an hour.

The Inca also did this and requisitioned people to work on roads and irrigation systems giving them living accommodations and food while they were working as a form of yearly "tax" to the empire.

I think the work day should have been decreased a long time ago. It would decrease unemployment and would increase the amount of spare time people have to devote themselves either to leisure or to hobbies which could eventually lead to new economic activities and speed up societal development. The idea that only major corporations create wealth is quite misguided in my opinion.
 
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hullopilllw

Junior Member
Registered Member
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RCEP rolling out faster than CTTP.
This is a China initiated, but ASEAN led and focused FTA. It makes sense for China since ASEAN will be the biggest trade partner region with her in the coming decade.
Japan tried to get India in to counter China's influence in the FTA.
But India get out last minute because :
1. Nations refuse to agree to India's demand to open up their health and IT programming sectors to the Indians, esp requiring them to recognise all Indian degree as being equally qualified as the respective nations' tertiary degree.(This is expecting others to solve your unemployment problem).
2. Fear Australia and New Zealand agricultural export will wreck havoc on her domestic sectors. Fear China's export of manufactured goods will doom her attempt to kick start manufacturing.
 
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Deleted member 15887

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RCEP rolling out faster than CTTP.
This is a China initiated, but ASEAN led and focused FTA. It makes sense for China since ASEAN will be the biggest trade partner region with her in the coming decade.
Japan tried to get India in to counter China's influence in the FTA.
But India get out last minute because :
1. Nations refuse to agree to India's demand to open up their health and IT programming sectors to the Indians, esp requiring them to recognise all Indian degree as being equally qualified as the respective nations' tertiary degree.(This is expecting others to solve your unemployment problem).
2. Fear Australia and New Zealand agricultural export will wreck havoc on her domestic sectors. Fear China's export of manufactured goods will doom her attempt to kick start manufacturing.
What's the difference between RCEP and CPTPP in terms of action and policy? I know both eliminate or reduce tariffs between constituent countries, but how does that help China economically? Does it create a common market for China's manufacturing like the EU common market does for Germany, or is it much more limited in scope?
 

tamsen_ikard

Senior Member
Registered Member
China losing its electronics supply chains. Disaster...

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TAIPEI --- It was a hot summer morning in Taipei when several officials from the American Institute in Taiwan, the de facto U.S. embassy, visited the top management of a major tech company, a key supplier to Apple.

It was immediately apparent that this was unlike previous courtesy visits, where U.S. officials stop in from time to time to hear what's happening in the industry. This time, they cut the chitchat and threw out a blunt question soon after they sat down: "Why aren't you moving more of your production capacity outside of China?" they asked. "Why aren't you moving faster?"

Participants described the conversation as "serious and unsettling." "We felt uneasy," said one. "They asked many questions that we didn't know if we could answer. The answers would have involved unreported strategies about ourselves and our clients." But the message was unambiguous: The U.S. government was directly appealing to his company to cut its ties to China, he said.

"I think a lot of supply chain movement in tech products has been set in motion, and it has momentum that will be hard to change."


Those so called foreign electronics makers are welcome to get out of China, the most efficient maker of electronics in the world. Who do you think is the biggest threat to their market share in electronic products like phones, laptops, TV and so on? Yap, it is the Chinese brands.

Chinese brands are the fastest growing brands in every electronics segment. They already make up the majority in Global phone business. But that is not all. Chinese brands now have huge market share in TVs, Washing Machines, Fridge, Laptops and so on.

The moment Japanese, US brands leave China, they will have to pay much higher cost to manufacture the same product. That will give the Chinese brands even more advantage to take away their market share.

Chinese brands will dominate the world in Electronics by 2030. So, supply chains are here to stay in China. Except it will be the Chinese brands designing the products as well as making them.
 
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