To be fair, the Chinese market is so much bigger that the American one, although the American is almost always the more profitable market anywhere in the world
@TH-dr1kg Even just considering the Chinese middle and upper class i.e. their consumer market, it's still larger than the US' total population. There's a reason the iPhone sells more in China than even in the US.
chinese income can be lower, but everything is cheap in china: food, transportation, education, etc. you can watch many youtubers going to china to see everything firsthand.
India market is also so much bigger but none of Indian companies (despite licking American boots) are making it as much as China companies. This shows Chinese companies have gone leaps and bounds despite all the trade sanctions by sour grapes WEST.
"The CEO of TikTok was born in Singapore and then studied in the UK and America before going back to China" Are you a US senator? Singapore isn't part of China. Never has been.
@@anushagrawal1The way he phrased it is weird. It seems to intentionally mislead people that the CEO of TikTok is a Chinese citizen. How can a citizen of another country that is not China “return to China”? Ethnicity is not nationality. It is like I am telling all the whites in USA that went to Europe on a vacation that they “returned to Europe”. Wut???
What this means is that China is now another developed market everyone should consider while analyzing the world. There was US and Europe, now there is US, Europe and China.
OK, you go invest in China. Look at stock market returns in the top 500 US companies over the last 15 years and compare them to China's top 500 and tell me where any sane person would put their money.
They have a long way to go to be fully developed. Current Chinese GDP per capita (per World Bank) is comparable to Russia's at ~$12,500/yr. By comparison the US's GDP per capita is 5.6 times larger and the EU's is ~43,000/yr. This isn't to say that China doesn't have a large and relatively wealthy middle class. However, China's middle class makes far less than most westerners and they still have an enormous number of low income people mainly living in rural areas, estimated to be 477M in 2023.
The average earning in china per annum are like 10 grand. That's not developed, that's some cities are developed and the rural centres are backwaters. China relies on population too much, and we all know how that's going.
Except those development figures are manipulated by numbers released by the CCP. Even those numbers are looking bleak after the housing mortgage crisis that occurred and it’s current issues with deflation due to decreases in consumer confidence. For a country that tried so hard to look developed, they’re anything but (except a few cities like Beijing and Shanghai). Imagine attempting to buy a house only to be told it would be completed in ten years, then finding out your money was used to build someone else’s home without the companies having funds to build yours anymore. That’s what we call a Ponzi scheme but with houses.
Western market also crash every 10 years or so. Opportunities are what you make of it. But what funniest is those who contribute and achieve absolutely nothing, still unemployed and use said GDP to feel better than others. I doubt some poor rednecks would actually care about average Chinese when they dont even care about average Americans living paycheck to paycheck.
One thing you got it wrong dude. Google, Microsoft or other US tech companies left China because they didn't want to follow Chinese regulations. Chips companies like Qualcom or Nvidia were simply not allowed to sell high-end products to China
Also the part where TikTok CEO return to China. Bruh he ain’t even a Chinese citizen, he holds Singapore passport. How can you return to China if you don’t hold Chinese citizenship in the first place. It is like I say, all the whites from USA who went to Europe for vacation “return to Europe”. It doesn’t make sense, they are from USA by citizenship!
@@musicloveranthonyi mean its a straight up propaganda channel just the opposite of zeihan while zeihan says china is weak he says china is strong so you need to fear china
In the name of balance I think we have to acknowledge that Evergrande, One of the largest Chinese property developers in the world has just gone into receivership with debts in excess of $300 billion. The economy is also suffering year on year deflation so I think it is not at all clear what the future holds for China economically speaking.
One thing to note about Chinese debt is that it's kinda similar to Japanese debt - almost all of it is held inside China itself. This applies to both govt. and corporate debt. So unlike a country like, say Sri Lanka, China isn't gonna bleed money to the outside world. Quite the opposite in fact - China is currently the world's largest creditor, with nations all over the world indebted to it.
You analysis is half correct, that time china was growing very fast and Chinese internet did not allow any american tech company to enter fully, so it maid sense as a Chinese person that start a company with same business model in china and the protection policy of the Chinese government, the homegrown companies were able to grow unchanged. That is why today they are Giants and only based in China, mostly. And right now they’re expanding
Many American tech companies entered China and failed, including Google, Amazon, EBay, Cisco, Uber, etc Microsoft is still operating in China, so does IBM.
I have seen this misconception a lot, it's not that China did not allow any American tech. It's because China has stricter censorship, they asked American tech to follow the censorship laws, but they wouldn't, so for example, Google left China voluntarily in 2009. They could've made 2 versions like Tiktok, but they didn't. You don't believe me? Ask Kai-Fu Lee. lol
No they founded company way before american companies left. The biggest reason was lax copyright and patent regulation. Chinese can copy any tech quickly and get away with no fines
I think America's downturn started decades ago, when Bell Labs became AT&T Bell Labs. Goodbye pure science for long term gain, hello quarterly profits being the new main goal,which benefit mostly C-Suite executives.
I understand what you are saying and agree with your overall premise, but your example is bad. Bell Labs had always been owned by AT&T, the name change was meaningless.
As a American I understand the playing field and as accepted the facts my mobile 📱 is Chinese a OnePlus I know The United States will keep on innovating in technology but Chinese Tech conglomerate make great products also like BYD's Cars, the American government will never allow these Tech companies sell their products in the USA which is sad in my in my opinion.
Well chinese smartphones are cheaper cause they are full of hardware bloatware and cars are: 1) deeply financiated by state investments 2) made with batteries that aren't recyclable, unlike european ones (american ones are in the same situation as chinese ones).
Dear @LogicallyAnswered Hari, Singapore is NOT PART OF CHINA 4:45 . China is Central Asia and shares a border with Russia but Singapore sits at the equator. Two completely different geographies. Shou Zi Chew is Singaporean, just like me. Singapore was founded as a country in 1965, unlike China, which had a 5000+ year history before becoming the PRC we know today. So they are 2 different countries. Born in Singapore, Shou Zi Chew went to China to lead Chinese companies Xiaomi 2015 and TikTok 2021. I think the confusion lies in the word “Chinese”. “Chinese” can mean - citizen of China, or nationality - of the Chinese race In this case, Shou is of Chinese race, Singapore citizen, that went to China to work for Chinese companies (legal entities formed in China). His hometown is Singapore. He did NOT went back to China. He simply went to China to work. To clarify, there are many Chinese (China citizens) that migrated to other countries and gained citizenship like in the US, Australia, and some southeast Asian countries, most notably Malaysia and Singapore. So there are Australian Chinese, Malaysian Chinese and Singaporean Chinese. In these 3 countries we can also find people born in India who went and gained citizenship: Australian Indians, Malaysian Indians, and Singaporean Indians (of course in the US “Indians” may refer to “American Indians”) Your videos have a lot of impact within the community, please fact-check and make the necessary corrections so we have accurate information. Thank you.
@@bvd_vlvd or it could be sloppy fact checking and editing. This channel outputs a steady stream of videos weekly. I am not surprise in their bid to garner for views (to earn their keep) they get sloppy with their work. I have yet to see them issue a correction statement for some of the misquotes in their previous videos too.
I'm an American currently living in China. This video fails to mention that the Chinese economy is already slowing down. The unemployment rate for people aged 16-24 in 2023 was 21% (so high that the Chinese government just straight up stopped publishing the data because it was too embarrasing). Add in an aging workforce (China lost 800,000 people in population last year), a declining birthrate (the 5th lowest in the world), as well as a large segment of their economy being based on building infrastructure in China but now running out of infrastructure projects to build, it all points to China's rise as leveling off and maybe never eclipsing the American economy after all. I've worked at several Chinese companies, I've seen how they work and run their businesses. They are insanely inefficient and unproductive. Because labor is still relatively cheap, they will just throw people at a problem until it gets solved instead of just doing something right the first time. Chinese tech workers have the 9-9-6 schedule but actually accomplish much less in that time than a comparable Western worker doing a normal schedule. And all of the Chinese tech giants have only really so far copied Western companies, none of them have been able to actually innovate very much (with a few exceptions like BYD or DJI). I'm not sold on the idea of the Chinese economy overtaking the American economy. It seemed like an inevitability for so long but now it seems more out of reach than ever.
I agree with everything else you say, but your claim that Chinese people are inefficient is a big joke, I'd be fooled if I hadn't worked in both the US and China
I don't think it matters. American tech companies grew in the same way: undercut, growth above profits. But now that they've reached market saturation, they need to raise prices. Chinese tech companies will have the same issue. They can grow all they want and may end up with market domination, but in the end they're going to have to start making profits too, and when that happens, another company will start eating into their market share with the same strategy: undercut, growth above profits. It's just a cycle.
I have lived in china for over 4 years now, I use pinduoduo for almost any shopping, I rarely use taobao the alibaba's main land version even tho it was the most popular, pinduoduo managed to dethrone them by just making everything cheap and they have only been around since 2015 if am not mistaken. like its unbelievable how convinient it is.
You shouldn't. But even if you don't trust the numbers, their involvement doesn't lie. This is how they want to defeat the Americans. Not from war but economics. When America focuses on the military, China is busy building their companies.
Are you confusing a company with a govt.? Companies aren't democracies. If you distrust Chinese private fiefdoms, which is loosely what a company is, you should similarly distrust American ones. Or European. Etc. The political system of China is their govt., their companies are private fiefdoms like any other. If you still choose to trust some fiefdoms over others, you're biased.
Shou Zi Chew is NOT Chinese from China! He is Singaporean Ethnic Chinese. 70% of the population of Singaporean is of Chinese descent , mostly 3rd generational Ethnic Chinese young people. PLEASE DO NOT CONFUSE SINGAPORE WITH CHINA. This is what happen when you people use the word " Chinese " for people hailing from China instead of using it to describe the Ethnic Chinese. People in SEA calls him , and chinese locals here " Chinese people " , and seperate China citizen by calling them " China people". BIG DIFFERENCE. He works for company Tiktok , not for the CCP or for China. He did not "go back to China" to work for China , HIS HOMELAND IS SINGAPORE. He served 2 years mandatory military in Singapore , and that is mandatory for all Singaporean male citizen of 18 and above.
The numbers *really* don't mean that much coming from China, especially when their entire investment market is worthless now and major banks are failing. Always important to separate reality from reported numbers, they don't always line up. Then you have the other issues they'll be facing very soon, their next 30 or so years are pretty locked in regardless of what happens.
So, you say that chinese companies do not show large revenues and that there is much less bug chinese companies than americans? And what about banks falling? What banks? Chinese financial sector is mostly controlled by the government, so if there is any meaningful bank then it is central one. And why is chinese market worthless? One and a half billion population was and now is the tasty market for many companies to an extent where apple has to make 2 sim iphones, gaming industry specifically make games for chinese audience and AMD, intel and nivida make chinese exclusive products, like i5 12490, RX 7900 GRE and RTX 4090D. Even Meta receive 10% of its ad revenue from chinese companies. If you just think that china isnt all that strong, like its usually presented, i understand you and even support healthy scepticism, but not complete nonsence with statements about everything and nothing at all
You're mistakenly wrong that majority of Chinese State Owned Companies are only limited in China. In fact, a lot of them have major operations and subsidiaries outside China, for example majority of SOEs constructions have many construction projects even outside the Belt and Road Initiative participating countries, the State Grid of China has many subsidiaries in Southeast Asia.
@@UCiWrMgES50tlUhV3l6NqjNA like what ? that one bridge in montonegro ? they really dont have a significant prescence in europe because europe already has companies doing it all but the chinese companies do have a large prescence in asia and africa not so much in south america
I bought a Japanese car (Toyota) because it would last longer without the need for a lot of maintenance. Had the American brands been more reliable, I would almost certainly have gotten one to support American workers. The takeaway for American companies is simple: compete.
My dad has a Suzuki and a Toyota, he had a Ford and a Fiat but Japanese cars ended up better than the rest from what he was saying. He's excited to try the newest cheap Chinese electric cars once they hit the nearby market.
@@bvd_vlvdplease, fiat are the shittest cars (I tell you as an italian). The speciality of italians in car are sportive cars: lamborghini, ferrari, maserati, dallara, old alfa romeo.
I mean, have u noticed how everything now has part made in China? From shitty brithday ripoffs to Honor phones that compete with flagship phones in specs o.o They are a threat, and the US keeps aiding them. Making it easy get stolen from their techniques and products schematics
@@zander_the_space_nerd Ah yes, Chinese propaganda coming from an Indian American, both nations of which are hostile to China. Very reasonable. Lol you people just screech propaganda whenever you hear something you don't like.
@@AM-ti2yg yup I mean you can’t trust some U.S. companies but all Chinese software and companies have to report to CCP id much rather hand my info to U.S. based entities lmao. But also China uses that as a means of threatening national security. So yep. And Chinese government don’t have as much regulations
Great video bro. It’s quite spectacular how the Chinese tech industry has grown to be near on par with American tech. European tech industry by comparison has fallen way behind. I believe the Indian tech industry will be the next global player over the next few years.
I am actually really happy knowing China is surpassing US in tech and economy overall, because US is abusing it's power over the world, China is doing the same but having a rival to US is what's really good.
12:04 Well some these car companies mentioned in the video such as BMW, Volkswagen, and Mercedes are not American, they may have some partnership with America but are mostly German companies 😅
"Instead of climb corporate ladders like Indians, the Chinese choose a different path" - actually there are plenty of chinese tried but failed to climb the corporate ladder. Many of them hit a glass ceiling. And drove them back to China to climb the corporate ladder there which they succeeded.
Good old US racism, Qian Xuesen the father of China's modern areospace program was deported for being suspected of being a communist spy when there was no evidence.
One thing the west often tends to understate is the importance of language, likely because it undermines their claims to excellence but rather just them being lucky (or gifted by history). Chinese foreign students typically have terrible English, while Indians have English as a second language. This is a bigger deal than people give it credit for. There's a reason the top global universities are mostly in English-speaking countries - the US, UK and Australia. They're still beneficiaries of the British empire.
I am Chinese from HK. Typically Chinese is not good at teamwork. They try to fight each other until there is only one surviver so the winner can take all. At least this is what I observe in many different Fabs I work for years. Chinese has great technical skills in general but bad communication skills. That is why many/most of them could not promote to manager/CEO. Indian has far better communication skills that is why so many Indian CEO in the states. This is based on my experience.
the only thing is that maybe the company valuation maybe same, the rate of solicon valley startups are still higher (by a lot) than chinese ones. Rate of innovation is much higher in US.
Agreed and you can’t trust these number from China they are a communist country I live here now because my girlfriend is Chinese. Most Chinese will even tell you the Chinese government hides and does not accept the fact of homeless crime and poverty because it would look bad on their country. They do a very good job of hiding it but they have just much or very close to the US and those regards so these numbers cannot be trusted and we only get the numbers from what we see which again.. can’t be trusted
@@kawaiihikari0 That is what they have been saying for the past 20 years that China will spiral and collapse. But China got stronger so every year they kicked the naysayer in the groin. OUCH!!!!! As I said China has just got started and you have not seen anything yet.HAHAHA
@@bldomain nope lol China is the one saying they would pass the U.S. last 25 years lmao what are you saying. Live here now with Chinese gf not what it seems economy is crashing unemployment birth rate deflation much worse than the U.S. when I visited back in California last month. U.S. economy isn’t doing it antes but it’s still showing growth. You have no idea loll and only reason China (coming from so many Chinese people on the street I’ve talked to ) U.S. and other countries helped China 1950s they were dirt port my gf moms sister died of starvation. China didn’t grow on its own 😂 you that that was possible?? Lmaooo nah they are replicators not innovators they couldn’t innovate anything if their lives depended on it. If you’d like I can go into exact facts. Whether technology or military tech such as fighter jet technology etc how they try and copy everything and still fail at most things. There tech isn’t the best gotten much better but compared to U.S. not so.. same for military equipment
This video is a slap in the face of all those Indians who felt proud about india. My disappointment with india is immeasurable.😅 (The Chinese dad meme). Indians served their American masters ,while Chinese became masters
this situation where america vs china is highlighted just because china is becoming successful, is a mistake everyone will regret, china hardly ever intervenes in foreign affairs of other countries, american obsession with being a hegemony, china has been a hegemony for a while now and the americans still basically do everything they used to do, cooperation with china to for instance police the worlds ocean’s would just save the americans money, rather than them doing it all by themselves, these too countries should infact integrate even more to prevent them going to war than decoupling, it merely takes agreements on situations, and everyone can shut the hell up and do business
Oh boy, the Chinese-ification is more advanced than I thought. One of the problems in the long term is that China is waaay bigger and more powerful than other asian countries/companies. We’ll see in the long run how well their plans work out…
Is the video title saying if you take "What Now" away from America, you'll end up with China? I mean, I know it's one of Rihanna's best songs but losing it won't turn us into China, man.
Agreed. Since the pandemic, I've been watching Chinese FUD but the only thing I believe is unemployment and real estate. China has a lot of room to grow buying employing the unemployed and expanding business to other countries. America is just focused on margins regardless if it is work by done other countries (they quite late to realize this with the CHIPS and Inflation Reduction acts). China will take over the global automotive market with the US being the hardest for them. China has the renewable energy equipment to themselves which will becomes the source of electricity for many countries in the future. If the US or other countries has to fight back vs China, it would be more immigration. They should Accept the talented and hard working willing immigrants including those from China.
I love how he fails to mention china's market will soon drastically shrink in sized due to the mass retirement and not enough young people to replace them. not to mention the many factual errors are astonishing. I mean the guy who created tiktok is from Singapore, Volkswagen and Mercedes are German companies. If I didn't know any better this is CCP propaganda or at least a useful video for that end.
CN market its huuuge! It is only normal to be like that! India and other big countries should also do the same in a few years if there is no global war that the US keeps pushing becasue they fear losing
literal propaganda channel lmfao he lists asian countries and companies as if they are all one country or how he lists taiwan , singapore as being the same as china ?? not to mention that south korea and japan are not only allied with europe and north america but often have alliances in car making , gamme development etc the same cant be said for china and their terrible anti competetive practices . its only in the usa that you can get away with selling so much below competetion just to gain marketshare at a loss in europe ( the EU ) you will get fined and kicked aka shut down if you try to do that
Everything is manufactured in China.. But I refuse to use Chinese brands/services .. No Chinese car, no Chinese phone, computer os, Chinese beauty products, fast food etc
I try not to as well, especially software and cars unfortunately, CPUs are made in China although they are from American companies. Those are something we can’t really do anything about unless you don’t use a computer.
Bro, this video was not really educating. Look at the msci china. Trust in the chinese economy is EXTREMELY LOW. The biggest sector of the chinese economy (real estate) is fighting for survival. The 2nd biggest chinese real estate group (Evergrande) just got liquidated a couple of weeks ago because it couldn't repay it's 300 billion in debt. Lots of other chinese real estate companies are fighting for survival too, such as the company Country Garden. On top of that China just entered DEFLATION means that consumer prices are falling. And that is because chinese people themselves hold back, they spend so little money that the prices are falling. Because of that China will rely even more on foreign trade. Problem with that: Europa and the USA are both on the brink of recession, meaning they import less and at the same time want to reduce their trade with China in preparations for a conflict with Taiwan. However, the United States is still BY FAR the biggest destination for chinese exports. Meaning: If the United States goes into Recession, China will too. That or the chinese housing market collapses first. Which will lead to similar economic downturns as in 2008. If you want to profit off of this situation I can suggest you to invest in a China ETF now or in a couple months but NOT expect any profits for a while. Most likely it will probably go even more into red. But looking on a 10 - 20 years perspective, this is of course a great opportunity to invest into China. But only in the LONG TERM.
@@josiavantroyen4215 1- you brought me stress with your comment 2- thanks for the suggestion 3- all i know is... all the big western companies whether it's tech or luxury etc... they all want a taste of that sweet chinese money... and these are the same people funding prpaganfa to try to convince you not invest (funding this until they take xi throne... and they never will) because they don't want competition
@@josiavantroyen4215 think about this for a second how sweet of a deal these big western companies got... they make their products in china, and sell it there for 10x (minimum) what it cost them to produce... and the funny thing is the only thing they have going on is they sell a "foreign culture" like European luxury brands... but it's all made in china 😂 what a scam... these people will do anything to keep it goiing on it's old money and they've professional scamers
We'll see how far Chinese firms can continue with their 'loss leader' strategy. Their economy back home is weakening and deflationary prices are not sustainable in China in the long run. They cannot afford to take losses in their home market AND subsidize their international market expansion!
There are like 3 Chinese Companies that have gone mainstream outside of China. I can think of Temu,TikTok & Tencent gaming (although Tencent gaming just bought the companies rather than actually making the products). Temu itself is just highly subsidized & will have a hard time taking on Amazon, the king of sacrificing profit for the long term (also they have AWS that makes 4x the profit of pinduoduo). TikTok will have a hard time as soon as any republican wins office & will pressure a sale or issue a ban. BYD is lacking outside of China but will also likely go mainstream in the meet future… To me it seems like they only have local companies that will stay mostly within their own market mostly & are boosted in total revenue due to manufactured monopolies ran by the CCP.
I am very aware of seeing Boeing go out of busniess in favor of COMAC or Asian companies building a plane that is safer and better quality than the Boeing 737 MAX, only to see Airbus as the only sole Western company that makes commercial airplanes while Asian companies replaces Boeing do to Boeing's flaws.
Only problem I have with Chinese companies and their economy is they always seem to learn from outside. With that model they may just be more efficient to a model already done but without creativity it wont last long
the comment above me is right^^^, right now the chinese chip manufacturing is so good that you can buy upgraded MCUs like RP2040 cheaper than the original... and right now they have no competition in there, the only thing they haven't really done is innovating and making anything smaller than 7nm chips, and making the software optimized for the thing that goes along with it...
This is 100% true especially because of the great firewall. My girlfriend is Chinese and I even lived here for a little bit unfortunately, till we went back to United States for more opportunities and to make more money China’s very bad they’re economy is crashing at a rapid rate.
nahh america dropped the ball and china just picked it up...all i see is just better for consumers, if you think about it if it wasnt for the chinese anybody not a lot of people would have smartphones and other luxury devices people regularly use nowadays.
A video finally explaining the dominance of other players on a global scale. China holding down Africa and Asia has worked wonders for them. Still having good presence in Europe and the US has helped too.
6:32 Lmao I'm telling you the WEST....🤣🤣🤣🤣Today it's TESLA and BYD.I like their Hebahn Moment when they start asking whats happening,how,when and then nou....
How does this matter at all it the US isn't the number 1 economy? So Google isn't the biggest, I'm not going to use those Chinese products either way. I'm going to use Google. China got billions of people, it would be weird if they couldn't put the numbers. All of it's for not though if no outside investment feels safe investing in China... And they don't
@@LogicallyAnsweredThen why did you put “returned to China”, seemingly implying he holds Chinese citizenship? Singaporean don’t “return” to China. It’s a poor phrasing on your part, I don’t know, maybe to purposefully mislead viewers by the phrasing “return to China”. He cannot return to China (your section implies returning to return to country of origin) if he ain’t even a Chinese by citizenship in the first place. Please clarify this matter in your comment.
@@shiinshiinro ethnicity and ancestry exists. There are many chinese living outside china for 1-2 generations, if they move to China, it can be said they returned to china.
Bt indians dont do business in US also. Baniya businesses become successful in india due to cheap labour and no min wage. In usa population is low and min wage also exists.
so sad. im part of it... i dont use tiktok but discord i s from tencent and i use a redmagic 9 pro which is chinese i play hoyoverse games which are chinese and cod mobile which is tencent and probably more stuff that is related to china sadly... i hate china but i am indirectly supporting them sadly. I even have a huawei.
I may be speaking from a point of very limited knowledge , but If Americans really cared... They wouldn't invest in Chinese companies or buy Chinese products. ... Like temu. Also Amazon is very responsible for selling Chinese goods.
For disposable things it doesn't matter, but for products where personal safety and operational longevity is expected Chinese brands have a ways to go. Financially the fund managers and money movers have always been more callous than the average citizen.
I'd like if Logically Answered could clarify that Shou Zi Chew did not go "back to China" but in fact ventured there. Singapore is about as separated from China as Taiwan is, so if you're willing to make that distinction between Taiwan and China, please do it for Singapore too. (In fact, Singapore is arguably more separated from China than Taiwan because Taiwan has a much richer and deeper history with China than Singapore!) Just to clarify I am Singaporean and ethnically Chinese like Shou Zi Chew, not some random Joe talking out of my ass. Granted, due to his ethnicity (he is ethnically Chinese yes, but the land you grow up in shapes your worldview and culture massively too.) It was probably easier for him to assimilate, but that line makes as much sense as saying an Australian studied somewhere overseas and went back to England. What the hell? 😂
The problem with china is that they still have the cheap reputation atach to them, huawei phones were popular but now is xiaomi but whats the profit margins compared to the iphone, chinese cars are a threat to european automakers but whats the profit margins of a byd,mg ect compared to a tesla, overall either true or not north american and european brands can sell for a premium on the other hand internationaly most chinese products cant, aso personally i dont believe in the rise of india they dont have the chinese forsight.
How are you gonna put up a video where you have no proof, studies, citations, references absolutely no homework done for it? This channel became a GPT generated bot...
They are not chinese they are tawanes?, then why it's call “Chinese Taipei” has become the name of Republic of China in the international sport field and almost every international organization since 1981, all speak-write chinese, look like chienese, all are ethnically chinese, "If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck"
To be fair, the Chinese market is so much bigger that the American one, although the American is almost always the more profitable market anywhere in the world
For now hahaha
@TH-dr1kg Even just considering the Chinese middle and upper class i.e. their consumer market, it's still larger than the US' total population. There's a reason the iPhone sells more in China than even in the US.
chinese income can be lower, but everything is cheap in china: food, transportation, education, etc. you can watch many youtubers going to china to see everything firsthand.
India market is also so much bigger but none of Indian companies (despite licking American boots) are making it as much as China companies. This shows Chinese companies have gone leaps and bounds despite all the trade sanctions by sour grapes WEST.
@TH-dr1kg that's all? no proof?
"The CEO of TikTok was born in Singapore and then studied in the UK and America before going back to China"
Are you a US senator?
Singapore isn't part of China. Never has been.
He was saying about his chinese ancestory
@@anushagrawal1The way he phrased it is weird. It seems to intentionally mislead people that the CEO of TikTok is a Chinese citizen. How can a citizen of another country that is not China “return to China”? Ethnicity is not nationality.
It is like I am telling all the whites in USA that went to Europe on a vacation that they “returned to Europe”. Wut???
The US senator was right. To do business in China, you have to comply with CCP rules.
Singapore is or not part of China is none of US business. You don't need to explain.
He's actually clueless sometimes
What this means is that China is now another developed market everyone should consider while analyzing the world. There was US and Europe, now there is US, Europe and China.
OK, you go invest in China. Look at stock market returns in the top 500 US companies over the last 15 years and compare them to China's top 500 and tell me where any sane person would put their money.
They have a long way to go to be fully developed. Current Chinese GDP per capita (per World Bank) is comparable to Russia's at ~$12,500/yr. By comparison the US's GDP per capita is 5.6 times larger and the EU's is ~43,000/yr. This isn't to say that China doesn't have a large and relatively wealthy middle class. However, China's middle class makes far less than most westerners and they still have an enormous number of low income people mainly living in rural areas, estimated to be 477M in 2023.
The average earning in china per annum are like 10 grand. That's not developed, that's some cities are developed and the rural centres are backwaters. China relies on population too much, and we all know how that's going.
Except those development figures are manipulated by numbers released by the CCP. Even those numbers are looking bleak after the housing mortgage crisis that occurred and it’s current issues with deflation due to decreases in consumer confidence. For a country that tried so hard to look developed, they’re anything but (except a few cities like Beijing and Shanghai). Imagine attempting to buy a house only to be told it would be completed in ten years, then finding out your money was used to build someone else’s home without the companies having funds to build yours anymore. That’s what we call a Ponzi scheme but with houses.
Western market also crash every 10 years or so. Opportunities are what you make of it.
But what funniest is those who contribute and achieve absolutely nothing, still unemployed and use said GDP to feel better than others.
I doubt some poor rednecks would actually care about average Chinese when they dont even care about average Americans living paycheck to paycheck.
One thing you got it wrong dude. Google, Microsoft or other US tech companies left China because they didn't want to follow Chinese regulations. Chips companies like Qualcom or Nvidia were simply not allowed to sell high-end products to China
It was bcoz western sanctions
12:01 "This isn't to say that the American giants are done."
*names Mercedes, BMW and Volkswagen (all 3 German Companies)
Also the part where TikTok CEO return to China. Bruh he ain’t even a Chinese citizen, he holds Singapore passport. How can you return to China if you don’t hold Chinese citizenship in the first place.
It is like I say, all the whites from USA who went to Europe for vacation “return to Europe”. It doesn’t make sense, they are from USA by citizenship!
Yeah I thought that was weird
@@musicloveranthonyi mean its a straight up propaganda channel just the opposite of zeihan while zeihan says china is weak he says china is strong so you need to fear china
He was talking about Western companies rather than just American ones.
In the name of balance I think we have to acknowledge that Evergrande, One of the largest Chinese property developers in the world has just gone into receivership with debts in excess of $300 billion. The economy is also suffering year on year deflation so I think it is not at all clear what the future holds for China economically speaking.
That is true, we’ll have to see how the fall out looks like
Very stupid to keep saying $300 billion debt without mentioning they also have $240 billion of assets. Net debt is still huge but not $300 billion.
"We don't know what the future holds" that's why european and western companies in general want access to chinese market... yeah go away with your BS
And we have $34T in debt. RIP Economy
One thing to note about Chinese debt is that it's kinda similar to Japanese debt - almost all of it is held inside China itself. This applies to both govt. and corporate debt. So unlike a country like, say Sri Lanka, China isn't gonna bleed money to the outside world. Quite the opposite in fact - China is currently the world's largest creditor, with nations all over the world indebted to it.
You analysis is half correct, that time china was growing very fast and Chinese internet did not allow any american tech company to enter fully, so it maid sense as a Chinese person that start a company with same business model in china and the protection policy of the Chinese government, the homegrown companies were able to grow unchanged. That is why today they are Giants and only based in China, mostly. And right now they’re expanding
Many American tech companies entered China and failed, including Google, Amazon, EBay, Cisco, Uber, etc Microsoft is still operating in China, so does IBM.
@@zsarimaxim692 Americans tech company don’t understand the Chinese’s mindset and market dynamics which is completely different from western markets
I have seen this misconception a lot, it's not that China did not allow any American tech. It's because China has stricter censorship, they asked American tech to follow the censorship laws, but they wouldn't, so for example, Google left China voluntarily in 2009. They could've made 2 versions like Tiktok, but they didn't. You don't believe me? Ask Kai-Fu Lee. lol
No they founded company way before american companies left. The biggest reason was lax copyright and patent regulation. Chinese can copy any tech quickly and get away with no fines
@@SambaranBanerjee8 the chinese simply prefer chinese products to westerners...makes sense.
I think America's downturn started decades ago, when Bell Labs became AT&T Bell Labs. Goodbye pure science for long term gain, hello quarterly profits being the new main goal,which benefit mostly C-Suite executives.
I understand what you are saying and agree with your overall premise, but your example is bad. Bell Labs had always been owned by AT&T, the name change was meaningless.
Man the misinfo which is spreading
As a American I understand the playing field and as accepted the facts my mobile 📱 is Chinese a OnePlus I know The United States will keep on innovating in technology but Chinese Tech conglomerate make great products also like BYD's Cars, the American government will never allow these Tech companies sell their products in the USA which is sad in my in my opinion.
Well chinese smartphones are cheaper cause they are full of hardware bloatware and cars are:
1) deeply financiated by state investments
2) made with batteries that aren't recyclable, unlike european ones (american ones are in the same situation as chinese ones).
However... same goes for american smartphone. So the right path to follow is: 1) choose a chinese smartphone
2) choose a european electric car
I also use 1+
BYD LOL those cars catch on fire far more then any other brand
@@coprilettodelnapoli5466cope😂😂😂
Dear @LogicallyAnswered Hari, Singapore is NOT PART OF CHINA 4:45 . China is Central Asia and shares a border with Russia but Singapore sits at the equator. Two completely different geographies. Shou Zi Chew is Singaporean, just like me. Singapore was founded as a country in 1965, unlike China, which had a 5000+ year history before becoming the PRC we know today. So they are 2 different countries. Born in Singapore, Shou Zi Chew went to China to lead Chinese companies Xiaomi 2015 and TikTok 2021.
I think the confusion lies in the word “Chinese”. “Chinese” can mean
- citizen of China, or nationality
- of the Chinese race
In this case, Shou is of Chinese race, Singapore citizen, that went to China to work for Chinese companies (legal entities formed in China). His hometown is Singapore. He did NOT went back to China. He simply went to China to work.
To clarify, there are many Chinese (China citizens) that migrated to other countries and gained citizenship like in the US, Australia, and some southeast Asian countries, most notably Malaysia and Singapore. So there are Australian Chinese, Malaysian Chinese and Singaporean Chinese. In these 3 countries we can also find people born in India who went and gained citizenship: Australian Indians, Malaysian Indians, and Singaporean Indians (of course in the US “Indians” may refer to “American Indians”)
Your videos have a lot of impact within the community, please fact-check and make the necessary corrections so we have accurate information. Thank you.
That sounded odd to me as well, but I didn't see it as an intentional mistake, just poor phrasing
...not yet - just like Taiwan.
Yeah the video producer missed to watch the congress hearing. Otherwise he would be able to separate Singapore from China 😂😂
@@bvd_vlvd or it could be sloppy fact checking and editing. This channel outputs a steady stream of videos weekly. I am not surprise in their bid to garner for views (to earn their keep) they get sloppy with their work.
I have yet to see them issue a correction statement for some of the misquotes in their previous videos too.
He did say born in Singapore
I'm an American currently living in China. This video fails to mention that the Chinese economy is already slowing down. The unemployment rate for people aged 16-24 in 2023 was 21% (so high that the Chinese government just straight up stopped publishing the data because it was too embarrasing). Add in an aging workforce (China lost 800,000 people in population last year), a declining birthrate (the 5th lowest in the world), as well as a large segment of their economy being based on building infrastructure in China but now running out of infrastructure projects to build, it all points to China's rise as leveling off and maybe never eclipsing the American economy after all. I've worked at several Chinese companies, I've seen how they work and run their businesses. They are insanely inefficient and unproductive. Because labor is still relatively cheap, they will just throw people at a problem until it gets solved instead of just doing something right the first time. Chinese tech workers have the 9-9-6 schedule but actually accomplish much less in that time than a comparable Western worker doing a normal schedule. And all of the Chinese tech giants have only really so far copied Western companies, none of them have been able to actually innovate very much (with a few exceptions like BYD or DJI). I'm not sold on the idea of the Chinese economy overtaking the American economy. It seemed like an inevitability for so long but now it seems more out of reach than ever.
Why you leaching then spy?
I agree with everything else you say, but your claim that Chinese people are inefficient is a big joke, I'd be fooled if I hadn't worked in both the US and China
You gonna post this comment in every china video? 😂
I don't think it matters. American tech companies grew in the same way: undercut, growth above profits. But now that they've reached market saturation, they need to raise prices. Chinese tech companies will have the same issue. They can grow all they want and may end up with market domination, but in the end they're going to have to start making profits too, and when that happens, another company will start eating into their market share with the same strategy: undercut, growth above profits. It's just a cycle.
Competition is always good
Usa hates competition and just bans everything
Monopolies, however...
When it comes to big tech its kind of more like a competition to see who can make the stupidest decisions
I have lived in china for over 4 years now, I use pinduoduo for almost any shopping, I rarely use taobao the alibaba's main land version even tho it was the most popular, pinduoduo managed to dethrone them by just making everything cheap and they have only been around since 2015 if am not mistaken. like its unbelievable how convinient it is.
well said! all works so well fast in China
How could anyone trust a Chinese companies numbers?
none
first stage: denial
Copium LoL
You shouldn't. But even if you don't trust the numbers, their involvement doesn't lie. This is how they want to defeat the Americans. Not from war but economics. When America focuses on the military, China is busy building their companies.
Are you confusing a company with a govt.? Companies aren't democracies. If you distrust Chinese private fiefdoms, which is loosely what a company is, you should similarly distrust American ones. Or European. Etc. The political system of China is their govt., their companies are private fiefdoms like any other. If you still choose to trust some fiefdoms over others, you're biased.
I thought Spotify was from Europe.
Yep they are
They are, from Sweden
Thanks for the clarification. 😊
@@LogicallyAnswered why did you put them along with the American giants then?
many car companies he mentioned are from Europe too, I think he meant west companies
Shou Zi Chew is NOT Chinese from China! He is Singaporean Ethnic Chinese. 70% of the population of Singaporean is of Chinese descent , mostly 3rd generational Ethnic Chinese young people. PLEASE DO NOT CONFUSE SINGAPORE WITH CHINA. This is what happen when you people use the word " Chinese " for people hailing from China instead of using it to describe the Ethnic Chinese. People in SEA calls him , and chinese locals here " Chinese people " , and seperate China citizen by calling them " China people". BIG DIFFERENCE.
He works for company Tiktok , not for the CCP or for China. He did not "go back to China" to work for China , HIS HOMELAND IS SINGAPORE. He served 2 years mandatory military in Singapore , and that is mandatory for all Singaporean male citizen of 18 and above.
The numbers *really* don't mean that much coming from China, especially when their entire investment market is worthless now and major banks are failing. Always important to separate reality from reported numbers, they don't always line up. Then you have the other issues they'll be facing very soon, their next 30 or so years are pretty locked in regardless of what happens.
They definitely have shortfalls and a tendency to embellish the truth. But we definitely shouldn’t be underestimating them :)
Ok,so what now ? Doubt their GDP numbers released by world bank and imf
yeah they only assemble the large majority of luxury goods and computers
I agree, China has not been able to prove a stable and secure market or future.
So, you say that chinese companies do not show large revenues and that there is much less bug chinese companies than americans? And what about banks falling? What banks? Chinese financial sector is mostly controlled by the government, so if there is any meaningful bank then it is central one. And why is chinese market worthless? One and a half billion population was and now is the tasty market for many companies to an extent where apple has to make 2 sim iphones, gaming industry specifically make games for chinese audience and AMD, intel and nivida make chinese exclusive products, like i5 12490, RX 7900 GRE and RTX 4090D. Even Meta receive 10% of its ad revenue from chinese companies.
If you just think that china isnt all that strong, like its usually presented, i understand you and even support healthy scepticism, but not complete nonsence with statements about everything and nothing at all
You're mistakenly wrong that majority of Chinese State Owned Companies are only limited in China. In fact, a lot of them have major operations and subsidiaries outside China, for example majority of SOEs constructions have many construction projects even outside the Belt and Road Initiative participating countries, the State Grid of China has many subsidiaries in Southeast Asia.
Even huawei, i think they are the biggest network provider outside china.
they even have projects in europe...big projects, not small shit.
its a propaganda channel full of misinformation and fear mongering what do you expect
@@UCiWrMgES50tlUhV3l6NqjNA like what ? that one bridge in montonegro ? they really dont have a significant prescence in europe because europe already has companies doing it all but the chinese companies do have a large prescence in asia and africa not so much in south america
I bought a Japanese car (Toyota) because it would last longer without the need for a lot of maintenance. Had the American brands been more reliable, I would almost certainly have gotten one to support American workers. The takeaway for American companies is simple: compete.
My dad has a Suzuki and a Toyota, he had a Ford and a Fiat but Japanese cars ended up better than the rest from what he was saying. He's excited to try the newest cheap Chinese electric cars once they hit the nearby market.
@@bvd_vlvdplease, fiat are the shittest cars (I tell you as an italian). The speciality of italians in car are sportive cars: lamborghini, ferrari, maserati, dallara, old alfa romeo.
@@coprilettodelnapoli5466 what are you yapping about he said Japanese were the best
alfa romeos are shitty cars@@coprilettodelnapoli5466
smh japanese have quality chinese stuff often dont@@bvd_vlvd
Great Video. By the way you can also add Tesla and BYD to your thumbnail :)
US tech is still pretty dominant. This feels like Chinese propaganda
it is.
I mean, have u noticed how everything now has part made in China? From shitty brithday ripoffs to Honor phones that compete with flagship phones in specs o.o
They are a threat, and the US keeps aiding them. Making it easy get stolen from their techniques and products schematics
@@zander_the_space_nerd Ah yes, Chinese propaganda coming from an Indian American, both nations of which are hostile to China. Very reasonable. Lol you people just screech propaganda whenever you hear something you don't like.
A Chinese car maker beat tesla in the ev market, is this Chinese propaganda?
@@blaidd-ppgabuying your disaster company 😂😂😂 byd
Because of you I'm more comfortable with temu. Thank you ser
Temu is Chinese cheap sh*t
Don't be lots of people are getting their card info stolen on temu
@@AM-ti2yg yup I mean you can’t trust some U.S. companies but all Chinese software and companies have to report to CCP id much rather hand my info to U.S. based entities lmao. But also China uses that as a means of threatening national security. So yep. And Chinese government don’t have as much regulations
@@AM-ti2yg amazon didn't???
i mean its mostly just low quality trash
Great video bro. It’s quite spectacular how the Chinese tech industry has grown to be near on par with American tech. European tech industry by comparison has fallen way behind. I believe the Indian tech industry will be the next global player over the next few years.
Name any indian cloud or mobile company
Vindaloo Mobile or Saagconnect
@@blaidd-ppga you honestly could say the same thing about china a decade ago. Fr fr if threads continue than anyone can compete if they are serious
India is definitely one to watch
@@Admiral-General_Aladeen that's monopoly related, which should be addressed.
Boycott US Dollar
I am actually really happy knowing China is surpassing US in tech and economy overall, because US is abusing it's power over the world, China is doing the same but having a rival to US is what's really good.
India can't compit China any sectors....!!!!😮
This is not surprising at all China is not only big its too big to fit with the rest of the world economy imports, exports and financial power
12:04 Well some these car companies mentioned in the video such as BMW, Volkswagen, and Mercedes are not American, they may have some partnership with America but are mostly German companies 😅
He mixed up American and West, like a lot in this video, to prove his point
@@shre6619americans think they own the entire west and japan as its colonies
"Instead of climb corporate ladders like Indians, the Chinese choose a different path" - actually there are plenty of chinese tried but failed to climb the corporate ladder. Many of them hit a glass ceiling. And drove them back to China to climb the corporate ladder there which they succeeded.
Good old US racism, Qian Xuesen the father of China's modern areospace program was deported for being suspected of being a communist spy when there was no evidence.
One thing the west often tends to understate is the importance of language, likely because it undermines their claims to excellence but rather just them being lucky (or gifted by history). Chinese foreign students typically have terrible English, while Indians have English as a second language. This is a bigger deal than people give it credit for. There's a reason the top global universities are mostly in English-speaking countries - the US, UK and Australia. They're still beneficiaries of the British empire.
I am Chinese from HK. Typically Chinese is not good at teamwork. They try to fight each other until there is only one surviver so the winner can take all. At least this is what I observe in many different Fabs I work for years.
Chinese has great technical skills in general but bad communication skills. That is why many/most of them could not promote to manager/CEO.
Indian has far better communication skills that is why so many Indian CEO in the states. This is based on my experience.
There is no humble billionaire.
Come on China. Close the gap. Work harder.
the only thing is that maybe the company valuation maybe same, the rate of solicon valley startups are still higher (by a lot) than chinese ones. Rate of innovation is much higher in US.
Agreed and you can’t trust these number from China they are a communist country I live here now because my girlfriend is Chinese. Most Chinese will even tell you the Chinese government hides and does not accept the fact of homeless crime and poverty because it would look bad on their country. They do a very good job of hiding it but they have just much or very close to the US and those regards so these numbers cannot be trusted and we only get the numbers from what we see which again.. can’t be trusted
I got a feeling that maybe in 5 years from now this channel will explain why China is more innovative than the US.
@@bldomain don’t think so with their downward spiral country. And they have been saying that for what 15 years now?? Lol
@@kawaiihikari0 That is what they have been saying for the past 20 years that China will spiral and collapse. But China got stronger so every year they kicked the naysayer in the groin. OUCH!!!!! As I said China has just got started and you have not seen anything yet.HAHAHA
@@bldomain nope lol China is the one saying they would pass the U.S. last 25 years lmao what are you saying. Live here now with Chinese gf not what it seems economy is crashing unemployment birth rate deflation much worse than the U.S. when I visited back in California last month. U.S. economy isn’t doing it antes but it’s still showing growth. You have no idea loll and only reason China (coming from so many Chinese people on the street I’ve talked to ) U.S. and other countries helped China 1950s they were dirt port my gf moms sister died of starvation. China didn’t grow on its own 😂 you that that was possible?? Lmaooo nah they are replicators not innovators they couldn’t innovate anything if their lives depended on it. If you’d like I can go into exact facts. Whether technology or military tech such as fighter jet technology etc how they try and copy everything and still fail at most things. There tech isn’t the best gotten much better but compared to U.S. not so.. same for military equipment
I’ll have to say competition is good maybe the United States will step it up now.
I really like how you snook spotify, mercedes, gramarly and many more companies as Americans.
Europe ≠ America.
I never realized how similar Xiaomi's logo looks to National Instrument's.
Bro you lost me when you called the current Chinese government communist…
I thought TikTok was Singaporean.
As an Indian ’ we are worried about their hegemony against India’
This video is a slap in the face of all those Indians who felt proud about india. My disappointment with india is immeasurable.😅 (The Chinese dad meme).
Indians served their American masters ,while Chinese became masters
I can never look at indian big tech leaders the same way again.
China have clearly said they hv no intentions for hegemony, they want multi polar world.
India is not leader in anything expect 2 wheeler automobile, agriculture.@@pradhyudh
@@Dattebayo3089 TATA, Reliance and ADANI group. While India is nowhere close to USA or China, the few giants there is, are very big and respectable.
Long Live the Middle Kingdom! Hurrah!
Last thing I want is to buy Chinese stuff
this situation where america vs china is highlighted just because china is becoming successful, is a mistake everyone will regret, china hardly ever intervenes in foreign affairs of other countries, american obsession with being a hegemony, china has been a hegemony for a while now and the americans still basically do everything they used to do, cooperation with china to for instance police the worlds ocean’s would just save the americans money, rather than them doing it all by themselves, these too countries should infact integrate even more to prevent them going to war than decoupling, it merely takes agreements on situations, and everyone can shut the hell up and do business
All of China's maritime neighbors disagree.
Oh boy, the Chinese-ification is more advanced than I thought.
One of the problems in the long term is that China is waaay bigger and more powerful than other asian countries/companies. We’ll see in the long run how well their plans work out…
we all know who is better in terms of quality and less censorship
The quality is questionable.
They're citizens are coming across the border too, i can't imagine an American going to China, that's a huge step down.
@@jahjoeka cuz america preach abt freedom and human rights, no wonder it will attract poor people from all countries.
China is better both in terms of quality and censorship.
@@IamHandsome4u not just poor people. Elon wasn't poor when he came here.
Fascinating topic as always thanks for the great video
Is the video title saying if you take "What Now" away from America, you'll end up with China?
I mean, I know it's one of Rihanna's best songs but losing it won't turn us into China, man.
Agreed. Since the pandemic, I've been watching Chinese FUD but the only thing I believe is unemployment and real estate. China has a lot of room to grow buying employing the unemployed and expanding business to other countries. America is just focused on margins regardless if it is work by done other countries (they quite late to realize this with the CHIPS and Inflation Reduction acts). China will take over the global automotive market with the US being the hardest for them. China has the renewable energy equipment to themselves which will becomes the source of electricity for many countries in the future.
If the US or other countries has to fight back vs China, it would be more immigration. They should Accept the talented and hard working willing immigrants including those from China.
I love how he fails to mention china's market will soon drastically shrink in sized due to the mass retirement and not enough young people to replace them. not to mention the many factual errors are astonishing. I mean the guy who created tiktok is from Singapore, Volkswagen and Mercedes are German companies. If I didn't know any better this is CCP propaganda or at least a useful video for that end.
The United States is overbearing and we can't stand it anymore.
CN market its huuuge! It is only normal to be like that! India and other big countries should also do the same in a few years if there is no global war that the US keeps pushing becasue they fear losing
literal propaganda channel lmfao he lists asian countries and companies as if they are all one country or how he lists taiwan , singapore as being the same as china ?? not to mention that south korea and japan are not only allied with europe and north america but often have alliances in car making , gamme development etc the same cant be said for china and their terrible anti competetive practices . its only in the usa that you can get away with selling so much below competetion just to gain marketshare at a loss in europe ( the EU ) you will get fined and kicked aka shut down if you try to do that
Everything is manufactured in China.. But I refuse to use Chinese brands/services .. No Chinese car, no Chinese phone, computer os, Chinese beauty products, fast food etc
I try not to as well, especially software and cars unfortunately, CPUs are made in China although they are from American companies. Those are something we can’t really do anything about unless you don’t use a computer.
We don't fuck care your thinking
Moral of the story... I'm starting to fall in love with that Chinese sweet money
While you sell out your country? Nice going.
Bro, this video was not really educating. Look at the msci china. Trust in the chinese economy is EXTREMELY LOW. The biggest sector of the chinese economy (real estate) is fighting for survival. The 2nd biggest chinese real estate group (Evergrande) just got liquidated a couple of weeks ago because it couldn't repay it's 300 billion in debt. Lots of other chinese real estate companies are fighting for survival too, such as the company Country Garden.
On top of that China just entered DEFLATION means that consumer prices are falling. And that is because chinese people themselves hold back, they spend so little money that the prices are falling. Because of that China will rely even more on foreign trade. Problem with that: Europa and the USA are both on the brink of recession, meaning they import less and at the same time want to reduce their trade with China in preparations for a conflict with Taiwan. However, the United States is still BY FAR the biggest destination for chinese exports. Meaning: If the United States goes into Recession, China will too.
That or the chinese housing market collapses first. Which will lead to similar economic downturns as in 2008.
If you want to profit off of this situation I can suggest you to invest in a China ETF now or in a couple months but NOT expect any profits for a while. Most likely it will probably go even more into red. But looking on a 10 - 20 years perspective, this is of course a great opportunity to invest into China. But only in the LONG TERM.
@@josiavantroyen4215 1- you brought me stress with your comment 2- thanks for the suggestion 3- all i know is... all the big western companies whether it's tech or luxury etc... they all want a taste of that sweet chinese money... and these are the same people funding prpaganfa to try to convince you not invest (funding this until they take xi throne... and they never will) because they don't want competition
@@josiavantroyen4215 think about this for a second how sweet of a deal these big western companies got... they make their products in china, and sell it there for 10x (minimum) what it cost them to produce... and the funny thing is the only thing they have going on is they sell a "foreign culture" like European luxury brands... but it's all made in china 😂 what a scam... these people will do anything to keep it goiing on it's old money and they've professional scamers
@@JohnDoe-vu5hy Mate, you don't even know what you are talking about.
We'll see how far Chinese firms can continue with their 'loss leader' strategy. Their economy back home is weakening and deflationary prices are not sustainable in China in the long run. They cannot afford to take losses in their home market AND subsidize their international market expansion!
It will work in developing countries....
Trust me it works
There are like 3 Chinese Companies that have gone mainstream outside of China.
I can think of Temu,TikTok & Tencent gaming (although Tencent gaming just bought the companies rather than actually making the products). Temu itself is just highly subsidized & will have a hard time taking on Amazon, the king of sacrificing profit for the long term (also they have AWS that makes 4x the profit of pinduoduo). TikTok will have a hard time as soon as any republican wins office & will pressure a sale or issue a ban. BYD is lacking outside of China but will also likely go mainstream in the meet future…
To me it seems like they only have local companies that will stay mostly within their own market mostly & are boosted in total revenue due to manufactured monopolies ran by the CCP.
🤣🤣
China is nowhere near the Us
I am very aware of seeing Boeing go out of busniess in favor of COMAC or Asian companies building a plane that is safer and better quality than the Boeing 737 MAX, only to see Airbus as the only sole Western company that makes commercial airplanes while Asian companies replaces Boeing do to Boeing's flaws.
The chinese realised supporting local companies instead of selling out to whoever was cheaper had its benefits
2:33 lol at the firefox inclusion
Only problem I have with Chinese companies and their economy is they always seem to learn from outside. With that model they may just be more efficient to a model already done but without creativity it wont last long
For mature fields, creativety matters less. What I would be concerned about would be stuff like semiconductors
the comment above me is right^^^, right now the chinese chip manufacturing is so good that you can buy upgraded MCUs like RP2040 cheaper than the original... and right now they have no competition in there, the only thing they haven't really done is innovating and making anything smaller than 7nm chips, and making the software optimized for the thing that goes along with it...
Creativity will come. Right now, China is still catching up.
Remember 2007 US housing crash. US is fine now, China will be fine in few years time, the problem China preprogada. 😂😂😂
The chinese apps are used only in china, the US apps are used worldwide.
This is 100% true especially because of the great firewall. My girlfriend is Chinese and I even lived here for a little bit unfortunately, till we went back to United States for more opportunities and to make more money China’s very bad they’re economy is crashing at a rapid rate.
@@kawaiihikari0 The chinese economy is sinking pretty fast, thanks to many stupid decisions made by CCP dictator!
bot
@@Bouncing2398 it’s true how is that being a bot when it’s a fact U.S. based software is sued internationally lmao what a lame ahh b*tch
Chinese people are on a American app tell them to thank UA-cam🙏
Can we really trust China?
no you need to trust biden
Hahaha
@umbrellastudio7481 no one: this world is a mess.
The way she said so called Chinese century shows how jealous she is
nahh america dropped the ball and china just picked it up...all i see is just better for consumers, if you think about it if it wasnt for the chinese anybody not a lot of people would have smartphones and other luxury devices people regularly use nowadays.
A video finally explaining the dominance of other players on a global scale. China holding down Africa and Asia has worked wonders for them. Still having good presence in Europe and the US has helped too.
Isn't Volkswagen german
one point to be noted , In China The CCP largely support innovation and research unlike India which is full of politics
India is full of tribalism.
how's Spotify an American company?
7:40 #CommonSense
Taiwanese are ethnic Han Chinese people who speak chinese and write chinese
Son chinos refugiados😂
6:32 Lmao I'm telling you the WEST....🤣🤣🤣🤣Today it's TESLA and BYD.I like their Hebahn Moment when they start asking whats happening,how,when and then nou....
Nah I studied Zeihanomics, China is on its last legs.
Quality not quantity
Tencent’s english name is pronounced ten cent. The name is also meant to hold the same meaning.
'SKID ROW the most DANGEROUS place in Los Angeles | Homeless crisis in the United States ' youtube
TikTok CEO did not "return to China". He isn't even a Chinese citizen. He is from Singapore, holding Singapore citizenship.
Singapore is like a city in China. Kinda an insult to all the oversea Chinese. We doesn't even consider ourselves as a citizen of China.
应该是字节跳动的ceo
@@haochengzhai7156The video implies CEO of TikTok, who is Singaporean.
@@kodok2000 誰說你們是中國公民？誰說華裔是中國公民？印度人，只有印度人才把幾個印度裔當作印度人來吹噓和感到自豪。
Chinese propaganda
The F500 list is based on revenue, not profit or market cap. Not a particularly great representation of how good a company is
Exactly!
Wt are u trying to prove by saying that?
@@IamHandsome4u exactly what it says it’s in English man
@@kawaiihikari0 iam asking the OP not u.
@@IamHandsome4u I am the OP
Cancel the chineses.
Premise Faulty
Can't log into the app 😅
How does this matter at all it the US isn't the number 1 economy? So Google isn't the biggest, I'm not going to use those Chinese products either way. I'm going to use Google. China got billions of people, it would be weird if they couldn't put the numbers. All of it's for not though if no outside investment feels safe investing in China... And they don't
But TikTok CEO says he's Singaporean?!
Yes
@@LogicallyAnsweredThen why did you put “returned to China”, seemingly implying he holds Chinese citizenship? Singaporean don’t “return” to China. It’s a poor phrasing on your part, I don’t know, maybe to purposefully mislead viewers by the phrasing “return to China”. He cannot return to China (your section implies returning to return to country of origin) if he ain’t even a Chinese by citizenship in the first place.
Please clarify this matter in your comment.
@@shiinshiinro ethnicity and ancestry exists.
There are many chinese living outside china for 1-2 generations, if they move to China, it can be said they returned to china.
@@arthurfleck8843 I am literally Singaporean Chinese, and when I go to China, I "visit" China as a tourist, not "return to China".
The year of the Dragon.
Can you do an investigative piece on why China does not have any big products/players on AI and VR headset products? I find it very interesting.
Most phone manufacturers are beginning to do this kind of stuff now that apple has the vision pro. Give it a year or two
Bt indians dont do business in US also. Baniya businesses become successful in india due to cheap labour and no min wage. In usa population is low and min wage also exists.
so sad. im part of it... i dont use tiktok but discord i s from tencent and i use a redmagic 9 pro which is chinese i play hoyoverse games which are chinese and cod mobile which is tencent and probably more stuff that is related to china sadly... i hate china but i am indirectly supporting them sadly. I even have a huawei.
10:40 Lol Shortterm Annual Profits #Content vs #ESG Longterm Sustainable decisions and Trends #Context
The Bigger Picture
hong kong and twain is not china
4:01 this is why china is a superpower and india is not
Very balanced viewpoints in your blog on US/China competition worldwide.
Can you tell me what was your SAT score😊?
Hahaha 1520
I may be speaking from a point of very limited knowledge , but If Americans really cared... They wouldn't invest in Chinese companies or buy Chinese products. ... Like temu. Also Amazon is very responsible for selling Chinese goods.
For disposable things it doesn't matter, but for products where personal safety and operational longevity is expected Chinese brands have a ways to go.
Financially the fund managers and money movers have always been more callous than the average citizen.
I'd like if Logically Answered could clarify that Shou Zi Chew did not go "back to China" but in fact ventured there. Singapore is about as separated from China as Taiwan is, so if you're willing to make that distinction between Taiwan and China, please do it for Singapore too. (In fact, Singapore is arguably more separated from China than Taiwan because Taiwan has a much richer and deeper history with China than Singapore!)
Just to clarify I am Singaporean and ethnically Chinese like Shou Zi Chew, not some random Joe talking out of my ass.
Granted, due to his ethnicity (he is ethnically Chinese yes, but the land you grow up in shapes your worldview and culture massively too.) It was probably easier for him to assimilate, but that line makes as much sense as saying an Australian studied somewhere overseas and went back to England. What the hell? 😂
Whatever is cheaper, don't care about my data anyway.
Hahaha, fair enough
The problem with china is that they still have the cheap reputation atach to them, huawei phones were popular but now is xiaomi but whats the profit margins compared to the iphone, chinese cars are a threat to european automakers but whats the profit margins of a byd,mg ect compared to a tesla, overall either true or not north american and european brands can sell for a premium on the other hand internationaly most chinese products cant, aso personally i dont believe in the rise of india they dont have the chinese forsight.
How are you gonna put up a video where you have no proof, studies, citations, references absolutely no homework done for it?
This channel became a GPT generated bot...
Thank you
But u know what There is no tainanese.. Taiwan is political creation while ppl in Taiwan still are Chinese
They are not chinese they are tawanes?, then why it's call “Chinese Taipei” has become the name of Republic of China in the international sport field and almost every international organization since 1981, all speak-write chinese, look like chienese, all are ethnically chinese, "If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck"