I understand wanting to look sophisticated and using a chessboard helps with that, but moving the king like that, while saying "chess grandmaster" makes you look a fool.
Also adding to the point, China is a massive country. Even when it's manufacturing sector is transitioning to high-end, many older factories are still in operation, with workers from even more rural areas of the country. Yet the Chinese economy is not high in consumption, so it means it can't really digest all these manufacturing power itself, relying on exporting, be it both in high-quality export, low-quality export, even exporting infrastructure projects with African countries.
1:25 the reasons that China didn't infustrialize in the same way that Europe did are far more complex and numberable than so-called"national pride", especially since Chinese nationalism didn't really arise until the late 19th century. This is lazy.
National pride might not be quite the correct way to phrase it. More like arrogance. China absolutely was semi-isolationist. And by the time they may have wanted to join the rest of the world they were so far behind they were completely dominated by other empires.
They should have said "a policy of isolationism". A big reason for this was mistrust of Western powers (which was not unfounded: just look at the Opium Wars).
Yeah and also the entire premise of “china has more than one kind of company? Crazy” premise is ridiculous. Also blows past the Chinese tech sector. Aliviaba, Xiaomi, baidu etc
@@AlexanderVatov China lost the Opium Wars *because of* the isolationism. They may have been right to mistrust foreign powers, but cutting themselves off is why they fell too far behind to defend themselves.
@@rightwingsafetysquad9872 Wrong. China lost the Opium Wars because they let themselves slipped and ignored what the west was doing. You could definitely argue that was fully because of isolationism, but it is more a combination of bad rulers and ignoring the outside world.
- 0:00🏭 China's dominance in manufacturing extends from cheap goods to high-quality tech, reflected in the ubiquitous "Made in China" label. - 1:51🌱 Deng Xiaoping's economic reforms in the late 1970s propelled China's shift towards capitalism and foreign investment, laying the groundwork for its manufacturing prowess. - 3:48🌐 China's accession to the World Trade Organization in 2001 marked a significant milestone in its integration into the global economy and trade. - 5:19💡 China's subsequent focus on technology innovation and quality control, especially post-2005, solidified its position as a global manufacturing powerhouse. - 7:03🚀 China's ambitious "Made in China 2025" initiative underscores its determination to lead in high-end manufacturing and technology innovation. - 9:10💸 The "de minimis rule" facilitated China's export boom, allowing cheap products to flood the US market, but faces scrutiny and potential revision. - 10:43🔀 China's economic landscape sees competition from emerging manufacturing hubs like Mexico and India, challenging its position as the world's manufacturing leader.
There's no source that Apple announced this. Some analysts like Digitimes' Luke Lin predict 50% by 2027. But that's very different to an official announcement.
India is not getting there. Vietnam and Mexico are better bets. Vietnam for everyone and Mexico for Americas. Long story short. India is anti foreigner investments and entrench local politics. That doesn't want to rock the local businesses.
@@Cheesecake99YearsAgoso true 🤣 when Japan, South korea and China start from Manufacturing anything india skip manufacturing and stright go to Service labor 🤣 service labor is easy to replace by AI
"kinda kept to themselves and pretty much missed out on the entire industrial revolution" You're skipping out on a lot of wars, invasions, annexations and subjugation by foreign powers in your story. Look up "century of humiliation" for an overview of what happened in China between then and the overthrowing of the Kuomintang.
AliExpress is better, since it has better selection, and now has local shipping. Temu is just a more limited version with worse quality compared to AliExpress.
Apple did not outsource manufacturing to China. Apple used Foxconn as contract manufacturing. Because of the cheaper labor and trainable workforce, and semi supply chain, Foxconn decided to build plants in China, not other places.
Yikes! There's a fair bit in this video that's overly simplistic. This sounds like it was written with a 2012 perspective - before the debt, malinvestment, and property crises took hold. I don't think looking at Temu or BYD through that lens is helpful to understanding what is currently going on.
China is getting rather pricy for clothing…. And correct, China tools made in 1980 to 2010 were “Crap”… but have improved! I will still be happier buying a Taiwan or USA tool. Bad tools are Brazil and other smaller countries. So.. cloths are often made in Nicaragua, Bangladesh , Vietnam and even Cambodia.
Another thing this video fails to mention is that the shipping "discount" is put in place for countries classified as 3rd world countries in order to help them succeed in the global market. China keeps fighting efforts to re-classify it. Also to make a quality product in China, takes a lot of work. Companies spend a lot of time sending their people to factory to ensure every step is done correctly. Apple learn that the hard way. Factory keep trying to cur corners.
China is selling 2 dollar t-shirts, 8 dollar shoes, 10 dollar apple watch on temu and shein. China is selling 15 cents solar panel and 8000 dollar ev. China will sell super cheap semiconductor and aeroplane in the future, which will lower the price of gpu and flight ticket price.
No, Japan started with education plus corp espionage like the us. They didn't turn out much crap, even their early export camera lenses were top notch quality instead of the cheapest option in the shelf.
y'all have to recognise this is way oversimplified. it's kinda lazy, often misleading, and outright wrong sometimes, so take it all with a grain of salt. it's obviously only meant to be a layman's summary of china, although i would've liked that to be more clear.
@@TheSongwritingCat yea but it shouldn't be 12 minutes long. like, the logical extreme is you shouldn't make "the history of racism explained in 1 minute", no matter how good that 1 minute is. idk, just like, a disclaimer somewhere in the vid is probs warranted.
@@lemonboiyoutube Fair. I'm agreeing with you. I just think my expectations were set seeing the video length and understanding the cursory approach of these explainers.
Made in Germany: very high initial quality, very short expected lifespan, very poor value for money. A Cadillac and a Mercedes are equally crap after 5-10 years, but at least the Cadillac only cost half as much to keep on the road. Even industries that the Germans were untouchable in 10 years ago, like optics, are being surpassed by the Japanese.
Hey, does Germany still actually produce something, apart from cars? I look around my house and found nothing saying "Made in Germany". Did you use time machine?
i am sorry to say but you failed to explain the most fundamental reason why china has always price competitiveness systemically but its pretty understandable since modern economics like the austrian, keynes, classical doesnt really teach this
It’s called “Low human right advantage”, the workers work much much longer hours with much much less pay and other social benefits, they don’t have workers union and so on
Over-manufacturing should be illegal, unless it's too much internal demand. The problem with USA is that, they inflate prices way beyond their National economic efficiency point, 'coz their God told them they should be abundant, or some fantastic crap; so, everything si expensive, instead of making everything affordable, so the economy has lots of CA$H Flow and sales are always high, the economy is dynamic and always moving $ which is the important thing, so all business are good, nobody goes broke and new business are guarantee to succeed. Isn't this what everyone wants?
Lol, we are so immersed in anti-China propaganda daily anything that isn’t completely anti-China is considered "pro-China" now. To compete on the world stage, you have to recognize the real capability of your opponents first. The gap in competitiveness between US and China on EV's, solar, electronics manufacturing, etc. is very real and growing wider every day.
@@DC-wk7yo I don’t care about “hegemony” but since US is still the largest economy in the world, a healthy EV, solar, electronics industry in the US will benefit all of mankind. Real competition pressure from US in these industries instead of just protectionist tariff will also foster innovation worldwide. Unfortunately our politicians are too controlled by the fossil fuel and ICE car lobbies to have a coherent national plan.
China became the juggernaut it is today because of wallstreet in the 90s. They had to choose between India or China to inveat capital and they chose China due to Indias delapatated infrastructure and complex caste system. They chose China and 40 years kater here we are. You can point to wallstreet.
I understand wanting to look sophisticated and using a chessboard helps with that, but moving the king like that, while saying "chess grandmaster" makes you look a fool.
Also adding to the point, China is a massive country. Even when it's manufacturing sector is transitioning to high-end, many older factories are still in operation, with workers from even more rural areas of the country. Yet the Chinese economy is not high in consumption, so it means it can't really digest all these manufacturing power itself, relying on exporting, be it both in high-quality export, low-quality export, even exporting infrastructure projects with African countries.
1:25 the reasons that China didn't infustrialize in the same way that Europe did are far more complex and numberable than so-called"national pride", especially since Chinese nationalism didn't really arise until the late 19th century. This is lazy.
National pride might not be quite the correct way to phrase it. More like arrogance. China absolutely was semi-isolationist. And by the time they may have wanted to join the rest of the world they were so far behind they were completely dominated by other empires.
They should have said "a policy of isolationism". A big reason for this was mistrust of Western powers (which was not unfounded: just look at the Opium Wars).
Yeah and also the entire premise of “china has more than one kind of company? Crazy” premise is ridiculous. Also blows past the Chinese tech sector. Aliviaba, Xiaomi, baidu etc
@@AlexanderVatov China lost the Opium Wars *because of* the isolationism. They may have been right to mistrust foreign powers, but cutting themselves off is why they fell too far behind to defend themselves.
@@rightwingsafetysquad9872 Wrong. China lost the Opium Wars because they let themselves slipped and ignored what the west was doing. You could definitely argue that was fully because of isolationism, but it is more a combination of bad rulers and ignoring the outside world.
3:16 "started as a small fishing village" shows picture of 50,000 people in a densly populated city of the time. 😅
- 0:00🏭 China's dominance in manufacturing extends from cheap goods to high-quality tech, reflected in the ubiquitous "Made in China" label.
- 1:51🌱 Deng Xiaoping's economic reforms in the late 1970s propelled China's shift towards capitalism and foreign investment, laying the groundwork for its manufacturing prowess.
- 3:48🌐 China's accession to the World Trade Organization in 2001 marked a significant milestone in its integration into the global economy and trade.
- 5:19💡 China's subsequent focus on technology innovation and quality control, especially post-2005, solidified its position as a global manufacturing powerhouse.
- 7:03🚀 China's ambitious "Made in China 2025" initiative underscores its determination to lead in high-end manufacturing and technology innovation.
- 9:10💸 The "de minimis rule" facilitated China's export boom, allowing cheap products to flood the US market, but faces scrutiny and potential revision.
- 10:43🔀 China's economic landscape sees competition from emerging manufacturing hubs like Mexico and India, challenging its position as the world's manufacturing leader.
Apple just announced they are shifting close to 50% of their manufacturing to India over the next few years
Source?
Iphones will smell bad 😞
China is moving upmarket
India is terrible at labor tho.. they dont manufacture anything good for us rn
There's no source that Apple announced this. Some analysts like Digitimes' Luke Lin predict 50% by 2027. But that's very different to an official announcement.
India is getting there... Mexico is definitely taking note
India is not getting there. Vietnam and Mexico are better bets. Vietnam for everyone and Mexico for Americas. Long story short. India is anti foreigner investments and entrench local politics. That doesn't want to rock the local businesses.
The china AI workforce is here
No more cheap labour outside of China 😂😂😂
@@Cheesecake99YearsAgoso true 🤣 when Japan, South korea and China start from Manufacturing anything india skip manufacturing and stright go to Service labor 🤣 service labor is easy to replace by AI
most women in India do not work. That's half their population's contributions to 'getting there' wasted.
"kinda kept to themselves and pretty much missed out on the entire industrial revolution"
You're skipping out on a lot of wars, invasions, annexations and subjugation by foreign powers in your story. Look up "century of humiliation" for an overview of what happened in China between then and the overthrowing of the Kuomintang.
To be fair, this is exactly what Korea went through
The other reason that stuff on Temu is so cheap is because most of it is dogshit.
cry more
@@TheDoomer666 imagine fighting on the side of cheap Chinese knockoffs
AliExpress is better, since it has better selection, and now has local shipping. Temu is just a more limited version with worse quality compared to AliExpress.
if your paying 2 dollars for something that should cost 20 I don't know what you expected.
Yes and the sun is hot. No shit sherlock, you paid for cheap stuff you get cheap stuff. Jesus christ
"We sold out our middle class so China could have one."
China does not have middle class...not anymore.
@@Lvvcassss who are the top 5 middle class countries again ?
Skip to 8 minute mark
Thank you.
Thanks mate
why?
we need to bring back the SILENCE, BRAND meme
Apple did not outsource manufacturing to China. Apple used Foxconn as contract manufacturing. Because of the cheaper labor and trainable workforce, and semi supply chain, Foxconn decided to build plants in China, not other places.
Paying another company to produce product is still called outsourcing and Foxconn is a Taiwanese company though
Did homie just place the King in the center of the board on first move?
He also didn't promote from pawn to Queen (or something similar) to show growth, like would have made sense 😅
That's what China tries, promote their cheap electric cars as hight tech. While its just a barely functional copy of products they hardly understand
Vietnam not India that is getting all the exports. Mexico for the American market.
Yikes! There's a fair bit in this video that's overly simplistic. This sounds like it was written with a 2012 perspective - before the debt, malinvestment, and property crises took hold. I don't think looking at Temu or BYD through that lens is helpful to understanding what is currently going on.
China is getting rather pricy for clothing…. And correct, China tools made in 1980 to 2010 were “Crap”… but have improved! I will still be happier buying a Taiwan or USA tool. Bad tools are Brazil and other smaller countries.
So.. cloths are often made in Nicaragua, Bangladesh , Vietnam and even Cambodia.
Noticing the Tottenham kit in your wardrobe. COME ON YOU SPURS
amazing vídeo ! congrats guys
Another thing this video fails to mention is that the shipping "discount" is put in place for countries classified as 3rd world countries in order to help them succeed in the global market. China keeps fighting efforts to re-classify it. Also to make a quality product in China, takes a lot of work. Companies spend a lot of time sending their people to factory to ensure every step is done correctly. Apple learn that the hard way. Factory keep trying to cur corners.
Wow imagine if China got a Mos 2.0
How many things do you guys own that's made in America?
My toyota 😅
My backpack
My Honda, dining room table and chairs, my patio that’s probably it 🤦🏻♂️
lol my house
@@0o0ification 😂
China is selling 2 dollar t-shirts, 8 dollar shoes, 10 dollar apple watch on temu and shein. China is selling 15 cents solar panel and 8000 dollar ev. China will sell super cheap semiconductor and aeroplane in the future, which will lower the price of gpu and flight ticket price.
The alternatives don't have an even distribution of quality human capital.
Very well presented
This how Japan stared.
No, Japan started with education plus corp espionage like the us. They didn't turn out much crap, even their early export camera lenses were top notch quality instead of the cheapest option in the shelf.
UA-camrs dissatisfied with AD sense payments have had to find other ways to make money on UA-cam.
y'all have to recognise this is way oversimplified. it's kinda lazy, often misleading, and outright wrong sometimes, so take it all with a grain of salt. it's obviously only meant to be a layman's summary of china, although i would've liked that to be more clear.
I think they did a decent job considering the video is 12 minutes long.
@@TheSongwritingCat yea but it shouldn't be 12 minutes long. like, the logical extreme is you shouldn't make "the history of racism explained in 1 minute", no matter how good that 1 minute is. idk, just like, a disclaimer somewhere in the vid is probs warranted.
@@lemonboiyoutube Fair. I'm agreeing with you. I just think my expectations were set seeing the video length and understanding the cursory approach of these explainers.
Made in Germany reigns supreme
You a car enthusiast?
Nein. Most German companies such as BASF, VW, etc. are moving majority of their manufacturing out of Germany due to high energy costs.
Made in Germany: very high initial quality, very short expected lifespan, very poor value for money. A Cadillac and a Mercedes are equally crap after 5-10 years, but at least the Cadillac only cost half as much to keep on the road. Even industries that the Germans were untouchable in 10 years ago, like optics, are being surpassed by the Japanese.
Hey, does Germany still actually produce something, apart from cars? I look around my house and found nothing saying "Made in Germany". Did you use time machine?
Good video but that is not how you pronounce Temu
probably because this channel is a giant running ad for their own product -_- get into peoples recommendeds for free.... scummy
To be fair Temu can't decide how to pronounce Temu. I've heard ads for them with Teemoo and Tehmoo.
@@drewmqnit's the second one, the ones mispronouncing it are always 'influencers'
Weird intro lol. Has anyone not noticed that like 15 years ago? :D
Or was that just not a thing in the US?
Christ, please never refer to farmers as 'agricultural influencers' again.
this video is odd
I Smell Chinese propaganda very much
Is this video sponsored by China?
不知道，至少我没给钱
i am sorry to say but you failed to explain the most fundamental reason why china has always price competitiveness systemically but its pretty understandable since modern economics like the austrian, keynes, classical doesnt really teach this
It’s called “Low human right advantage”, the workers work much much longer hours with much much less pay and other social benefits, they don’t have workers union and so on
@@jackchou1425 nope it's bc of nationalizing megabanks.
True
Just like Japan did once so does China of today.
Over-manufacturing should be illegal, unless it's too much internal demand.
The problem with USA is that, they inflate prices way beyond their National economic efficiency point, 'coz their God told them they should be abundant, or some fantastic crap; so, everything si expensive, instead of making everything affordable, so the economy has lots of CA$H Flow and sales are always high, the economy is dynamic and always moving $ which is the important thing, so all business are good, nobody goes broke and new business are guarantee to succeed. Isn't this what everyone wants?
no the ones with all the money want to have more money flowing to them
This video is written with a very pro-China skew. It's pretty weird.
It reads like propaganda....
Lol, we are so immersed in anti-China propaganda daily anything that isn’t completely anti-China is considered "pro-China" now. To compete on the world stage, you have to recognize the real capability of your opponents first. The gap in competitiveness between US and China on EV's, solar, electronics manufacturing, etc. is very real and growing wider every day.
@@mintheman7further technological advances in energy production benefits all of mankind. Unless all you care about is maintaining US global hegemony
@@DC-wk7yo I don’t care about “hegemony” but since US is still the largest economy in the world, a healthy EV, solar, electronics industry in the US will benefit all of mankind. Real competition pressure from US in these industries instead of just protectionist tariff will also foster innovation worldwide. Unfortunately our politicians are too controlled by the fossil fuel and ICE car lobbies to have a coherent national plan.
Josh Denny Clone
Ab
China became the juggernaut it is today because of wallstreet in the 90s. They had to choose between India or China to inveat capital and they chose China due to Indias delapatated infrastructure and complex caste system. They chose China and 40 years kater here we are. You can point to wallstreet.
sure lets pay more and add more middle men.... what can go wrong?
Why does this feel like propaganda?
feels like chinese propaganda. west philippine sea!
yeah, because anything that speaks well of China _'is propaganda boo hoo'_