Chinese Economics Thread


Crang

Senior Member
Registered Member
Hisense and Gree is another up and coming Chinese brand with a good reputation. Gree is a OEM for Daikin in China.
Gree is a terrible sounding brand name. Gree sounds a drain cleaner you pour into the sink to unclog all that nasty shit
 

Tyler

Junior Member
Registered Member
It has been exporting mostly the lower end furniture. The furniture industry labor-intensive and since Vietnam has the domestic wood supply, it has the advantage. China tends to dominate the segment that requires more steel welding and more expensive design like office chairs and computer tables.
China needs to build up its reputation in luxury standard designer furniture market.
 

t2contra

Major
Gree is a terrible sounding brand name. Gree sounds a drain cleaner you pour into the sink to unclog all that nasty shit

If the product's quality is good, durable and reliable, it can still escape with a ridiculous name. Nobody cares, really. To have a shoddy product go with a shitty name, dang!

But If you have an excellent product to go with a solid name, yeah! Like Roborock rocks!
 

escobar

Brigadier
Yet as China became the dominant supplier of REEs over subsequent decades, it saw the price of REEs plummet, hardly the price-setting influence that an OPEC exerted on oil prices. That frustrated the economic nationalists in Beijing,
Please, Log in or Register to view URLs content!
China was essentially “selling gold at the price of radishes.”
The relative abundance of REE reserves globally, it turns out, means that China’s bid for price-setting power rested on faulty assumptions of its leverage. Despite national security hawks’ continued pitch for exercising pricing power, Beijing seems to have recognized that it no longer has a monopoly on production.
Please, Log in or Register to view URLs content!
 

AssassinsMace

Brigadier
Pretty stupid logic since no one is putting a gun to the US's head to buy Chinese rare earths. China has captured the market over rare earths because they're selling them cheap meaning they destroyed the competition who can't sell them that cheap. Another idiot who doesn't understand the rare earths industry. He thinks he's the only one to discover "rare" in rare earths is a misnomer.
 

spring2017

New Member
Registered Member
Please, Log in or Register to view URLs content!

I love how the Wests tries to spin that China is going to collapse after the COVID-19 is handled in the US because they won't be buying PPE from China any more. Well how about what happens to the US economy when the government stops sending stimulus checks...
When the effect of massive government stimulation fades, the U.S. is going back to its original road to a periodic economic crisis. It was within one year to the such a crisis before Covid19, but the massive government support has temporarily interrupted the process.

In about two years, the delayed economic crisis will come. About 6 months before that, the stock market will start to crash. This is the play that keep playing, as it is inevitable in a capitalist system (like 2008, 2000... all the way to 1929 and much much earlier).
 

Top