Good afternoon, I am Brazilian, 31 years old, and I live in São Paulo. I can attest that the arrival of Chinese brands in our market caused a great shock. To give you some context, Brazil imposes surtaxes on imported cars to stimulate its domestic industry. The scenario we have always seen here was that traditional brands such as Volkswagen, Ford, GM, Renault, Honda, Toyota, and Fiat produced locally but sold inferior cars to similar international models for an equal or higher price (converted), using the excuse of high taxes. When the Chinese brands arrived, they brought the price, but above all, unbeatable quality. The disparity was so great that some brands had to reduce their prices by more than 20% (proving the overprice), and then they carried out political lobbying to increase import tariffs, claiming that Chinese cars would destabilize the domestic industry. However, Chinese companies accepted the challenge and then invested billions of dollars in building factories in Brazil (BYD 3.5B USD, for example). I'm loving watching this new dispute between traditional and Chinese car manufacturers. It's already proven that the Brazilian consumer is the one who has the most to gain from this. I really love your channel, high quality material!! Best regards from Brazil to you all.
And that’s why German and American car makers are all going bankrupt. After so many decades of making easy money, they cannot compete with Chinese technology.
US led West is preoccupied with their favorite high priority subjects: 1) propaganda - how to ‘contain’ China 2) sanctions - how to ‘contain’ China 3) deployment of 800 military bases - how to ‘contain’ China 4) regime change and war - how to ‘contain’ China
None of these activities above have been able to contain China. The western world tried to hide space travel technologies to China, now China has a working space station, journeys to the far side of the moon and dropped a rover on Mars. Its likely they will do something outrageous soon, beyond the imagination of the west.
According to one study, the fertility rate of white Americans is 0.9, while other ethnic groups are as high as 5.6. ie the Exceptionalism might disappear by itself in 3 generations.
Jai Hind. Our Indian companies valuation had been left out dry by the inexorable Rise in Wall Street which prefers Stock buybacks due to easy money quantitative easing rather than in companies doing the hard works to payout high dividends to shareholders.
we need truthful reporting on China and not the lies like this video below all over UA-cam. China is BOOMING and Number 1. ua-cam.com/video/9aP8xjEmOo0/v-deo.html China’s Economy Collapses: Jobless in Big Cities, Worse in Small Towns, No Escape for Youth Counties and county-level cities form the backbone of China’s urban structure. Over recent years, however, these areas are gradually shrinking, with many predicted to eventually disappear. This has sparked an online discussion for nearly three years, pointing out signs of collapse: population loss, crumbling finances, plummeting property prices, and stalled public services. A popular online article even stated, “In our lifetimes, we may witness a wave of county-level cities disappear entirely.”
A celebration yesterday at Chancay port, Peru, for the completion of the new port by Peru and Chinese president, to open a new maritime trade route/port between China and Latin Americas. The project will continue with a new railroad from the port to Brazil to connect pacific and Atlantic in Latin America.
@@LW78321 western media headlines painted an APEC protest to be a protest against the Chinese and that port, and the Americans But when they interviewed some of the protesters there was no mention of China As they were protesting the Peruvian Government/ handling of crime/ APEC/ and Americans Where there were videos of people burning American flags I saw video of a line of folks on the sidewalks cheering the Chinese procession/motorcade waving Chinese and Peruvian flags and a lion dance along the route Probably because the new port is estimated to bring in 4 billion a year with 40% of the profits going to Peru
@@LW78321If they do show it, they’ll emphasize the supposedly negative impact on Peru such as national security threats, local discontent, environmental degradation, exploitation, debt trap etc.
As a German, I never hear anything about Asian countries, except for China tariffs. Our politicians are too busy destroying our own industry. If you don't have any industry anymore, you don't need any customers anymore.
you are German. Mate, tell me, I am a doctor in Switzerland and I am studying German since 6 years, and my german is still painful to listen to. So embarrassing. Give me tricks man. 😭
As a person that left Germany 11 months ago its a bit scary in Germany. I loved the Germans. Logical, sensible and decent ethics. BUT OMG the AFD is getting a 30% foothold because the economy is in trouble and its the old "blame the migrant" solution again. It's a repeat of Brexit in the Uk, and trumps in the US. Protectionism 101 basically. Then again you cant buy property in Asia or start a company in Asia ( without 51% ownership from a Chinese partner ). You can in EU, US and Australia etc IF your Chinese. I cant believe the EU is so dumb. But the Anglosphere is hoping for the money fro, Asia to flow into the EU etc. Spain is at 32 % foreign property purchases with cash. Australia's at 52 % foreign property purchase sboth cash. Asia is buying Europe, etc as they have so many USD from selling shit to the EU and USA. Instead of tariffs, which is a a handout to local companies to pump up prices and then make the rich richer and the poor poorer, the idiot governments should be limiting freedom of purchasing. Same as freedom of movement. If you not in the Club you cant buy. Asia has been dong it to EU for decade. Also get rid of the golden parachutes Scheme . it's so disgusting to sell passports at 1 million a pop to Russians and Chinese so they can get Permanent residency in the EU. Just another sick side of the governments there going for the EASY short term gains. People in Europe deserve more forward thinking governments. Maybe that why communist china has an advantage - planned economies that think further then the 3 year election cycle ? I used to work for Audi and the Germany government in cyber security. I left because I had enough of the direction the country is going .. Lovely lovely country but its got some issues, and I left for Asia instead. The writing was on the wall when you compared the 2 options..
@@gedw99an estimated 20 million migrants in the United States illegally that do not contribute to the tax base but are drawing benefits off of that tax base. Most of them came here in caravan organized by the drug cartels. They have no intentions of be coming citizens. They have made themselves criminal by entering the United States illegally, staying in the United States illegally, and intending to draw benefits reserved for American citizens.
Dear Kevin: You can't imagine how happy I am to see BYDs driving around here in São Paulo, even though the charging infrastructure is still small. I also like to see Chinese and Japanese hybrids. They are amazing, ingenious. I also love your work on YT. You deserve hundreds of thousands of viewers per video! I never tire of promoting you...
I'm an American, retired and living in Amman, Jordan. Before coming here three years ago, I had hardly ever seen a Chinese car, with the exception of Geely, which entered the Egyptian market in the late nineties or early aughts, when I was living there. In Jordan, I have seen more electric cars and hybrids than I have ever seen anywhere else. More and more of those are Chinese, many of the upscale ones being BYD. About a week ago, BYD started advertising one of its new luxury SUV models with a buy-one-get-one-free offer. I kid you not! The price is about 80,000 JOD for the first car. That's about $113,000. That is, you can get two luxury SUVs for around $56,500 each! That's with the high Jordanian duties! I love your channel, too. Only found it a few weeks ago, when I spent hours and hours catching up. Now, whenever a new one drops, I watch it before doing anything else.
Sorry, I just checked with my bank. It's not BYD, it's Hongqui, and the second car is the EQM5. The first car is its EHS9. Still, when have you ever seen a buy-one-get-one-free car deal?
A basic logic is that only the most competitive products will be sanctioned. The White House's action is actually an affirmation of China Auto, just like the US government did to Japan 30 years ago.
the new trump administration still talks about how they will decide the cease fire in Ukrain, how they will get Russia to move away from China,How they will protect SCS and Taiwan, how they will take back the global south....The boat has sailed, no one trust Americans, not after last 60 years of regime changes and proxy wars.
I'm a Korean-American living in the belly of the beast, but I'm so glad that the rest of the world has options going forward. America and its heyday is over and it's for the best.
When president Xi wants China to make automobiles his advisors tell him battery electric vehicles are the best choice. So he tells his officials that he wants battery electric vehicles (BEV). The provincial banks and large city banks lend money to start ups and other automobile companies like crazy. These financial institutions know that many of these companies will go bankrupt but that is the cost of doing business. What follows is a Darwinian hunger games as these auto manufacturers compete to make the least expensive best quality, for the money, BEV. Eventually a few real predators survive BYD, Xoami, Xpeng, Nio, SAIC, Geely……. Then they invite the apex predator in to take part in the biggest automobile market in the world TESLA. This is what they did with Apple in Shenzen. When Joe Biden wants BEVs he gives billions and billions to Mary Bara (at GM). Mary Bara takes the money and buys back $6 billion USD worth of stocks and that juices the stock price the GM board of directors gives Mary a fat bonus and no electric vehicles gets built but everybody got rich. The iron rice bowl is alive and well making corporations and billionaires richer in the USA communism for to big to fail corporations.
Not quite. "The Darwinian Hunger games" hypothesis seems like a "Free market economy" with the cream rising to the top? As for "Presidential Advisors".... Isn't that what happens in the vast majority of "Corporations", where "The management" request ideas, then details from designers and engineers, then make an "Informed" decision"? The difference in China (And One company outside) is that the decisions aren't "Short term" and the "government" is better informed and not making the decision on short term profit?
Before Xi became President in 2014, China had been building automobiles for decades. China was building BMW, Mercedes, GM, etc. and domestic Wuling and Chery. Xi pushed a cleaner, ecologically sustainable future balancing growth with environmental protection. New energy vehicles (NEV) production included BEV, EREV, PHEV, and FCEV manufacturing, but China also created a lot of demand by pushing taxis and rideshare to NEVs, along with government purchases at all levels, and private vehicle registration advantages. China also pushed massive investment in public charging and unified standards, along with renewable power generation.
The Biden Tax Credit for electric cars seems to me designed by bureaucrats, actually twisting the market. A simple design of it, like $7000 directly at the buy for any BEV, without any other conditions would have worked better. The car price limit, for example, didn't work well for an OEM who have difficulties producing affordable BEVs. It actually made Tesla , who could do that, out compete them! The income limit also made it ineffective. I can understand not wanting to subsidize cars for the rich, but it's actually idiotic! (And I'm from Sweden, a very socialistic country. We have these tendencies more than most!)
If you look at other channels with the same subscriber amounts of 70k They will get 3k or 4k views per video the first week Kevin’s views are like 40K to 50K per video A substantial amount of his subscribers watch every one of his videos I remember when he first started out I gave him a pity sub because I figured he wouldn’t get the views Unless he was anti China or f ache News China Now look at his channel Some people get it some don’t I view his videos as a warning to America/Western countries and us westerners from inside China I made those same warnings in late 1980s about the rise of CCP China But was getting laughed at and called a CCP 50 cent army poster. Must be a Communist Trai tor, against Capitalism and worse names So it’s nice to see at-least his followers …. get what’s really going on Instead of China is going to crash narrative for the last 30 years
Agree! I hope the growth of subscribers of this channel can be faster. Just look at those “talking shxt about Chia” channels, 100,000 subscribers is just a “unit”. Guess the people from the west feel better to listen to someone talking shxt about China.
Trump’s tariffs will speed up the segregation of consumers markets, and the US and EU markets will be far more expensive than rest of the world. Leading to less products and inflation…
It's already happening. More and more people can't afford to buy many products. Inflation has made a lot of products too expensive for many of us in Europe.
Trump will simply be responding to China's high tariffs. Did you not realize that China has very high tariffs on almost all foreign manufactured consumer goods?
@@vulpo And how will that help the US consumer? It just means everything gets more expensive, and I dont expect China to reduce their tariffs. The Chinese companies will simply keep expanding outside of the G7 and the US based companies will keep their margin and have no incentive to reduce the price.
Hard times are coming to the West. That's why I left England to set up shop in Ghana in 2020 🇬🇭 . The writing was on the wall back then, and nobody would listen. I sounded crazy... heck, they still aren't listening now.
Global institutions are still skewed and serves the west. Swift, UN, world bank, thise highly favors the west. The structure of IP law massively favors tge legacy technology of the west to the detriment of emerging markets. How the fuck is Britain has a security council seat? 4 white nations holds those seats with veto power, only China is the non-white nation. Its a joke. India needs to have one, and China should support it. Brazil another. Not sure who should represent Africa. And any veto should be overturned by 2/3rd vote of the general council.
Now that we have envisaged or you have seen the writing, what can we do to protect ourselves. Share markets in US will fall if we all left them alone and do not participate in this ponzi scheme. That will be hard, but do-able
This old Kiwi rocker would not miss your uploads as they are factual, concise and always spot on, you deserve way more subscriptions and views in my opinion, but the ones you have, are the better informed in Chinese based geopolitical and financial matters, thank you and be blessed.
Incredible. It's China Business, but you focus on the rest of the world too. I'll never tire of the charts or the information. The amount you pack into a few minutes, is extremely focused and superlatively informative. I hope you focus this kind of analysis on the whole world eventually (you already do to some extent. ) This is the single most informative channel on UA-cam. Thank you for your efforts and for refocusing my thinking, several times a week.
(US citizen, living in MX, on my way to China, retired) I am stunned at how badly the US has shot itself in the foot. This has been coming for a long time now, as you point out the US is all about short term profit. The Republican mantra has always been "I got mine, Jack.Tough luck for you" whereas China's one party system thinks long term about what is best for China, rather than line their pockets (although that is a side benefit of their growth).
It's not just Republicans who could care less about their constituents. At least with them you know what you're getting. The Dems on the other hand will rob you blind while putting on a whole theatrical production about "progressive values". Those of us who have woken up to the problem have realized we are on our own and have to figure out our own solutions.
Another great video that most Americans do not comprehend because the media does not report on these issues. Thank you for trying to enlighten The Great Unwashed.
The reality is coming home how Russia did not collapse when they were forced to move there trade to the fastest growing economies in the world. It should also be understood that China will be just fine without European and US markets.
I live in china and my friend works at a factory that makes plastic bottles for shampoo, body wash, lotion, etc... Their business has been booming and is having one of their best years. This is due to the increase in the number of middle class ASEAN countries. Before a bar of soap is good enough for wash hand, face, body, and hair. Now, these new middle class consumers likes to buy hand wash, body wash, shampoo, conditioner, and face wash. I am sure central Asia, Africa, and south America will be their customers in the near future also.
I never misses Kevin's new videos and always watch to the end. Its always concise, insightful and no nonsense, the best by far. Most large networks are full of talking heads with not much brain cells. Kevin's one man team absolutely destroys them.
Wow, your frustrations towards the negligence and incompetency of your fellow countrymen in not focusing on the future giant pool of new consumers from the developing world is very obvious in this episode.
Its what the globalists want and another reason why they invested so much in Western Media (Besides being able to colonize heavily). They understand that when the people wake up they will realize that the globalists abandoned USA and moved everything over to China. It will be too late for the US population and economy
If you are a car dealer and sell a European car, you might make $5k, if you sell a Chinese car, you probably make the same! So why not sell what the public want! A great cheap car with no Tariffs! The government still get the same taxes and the importer and the dealer is happy! With the system of tariffs, the buyer looses, the government pays subsidies to keep you factories open and you still can't sell your cars and complete! Your county looses big time.
I'm always recommending this channel to fellow Aussies; some are really interested, however there are many who regard ANYTHING remotely "pro-China" as "CCP Propaganda), which shows you how indoctrinated (and narrow-minded) much of our population is.
My Aunt went to Harvard and studied architecture, she had a beef with Harvard MBAs and other ones, telling me MBAs had wrecked the US or something along these lines. As i listened to your video i asked myself what did leading business teach about the topics you just covered over the last half century?
It does make you wonder, doesn't it? It seems to me one of the biggest failings of the American education system is its very narrow(eurocentric) view of the world. It's a system that is strongly infused with racism and hubris.
In the 1980s, or so, it became obvious that too much of the economy had moved into the finantial system, away from manufacturing and actually producing stuff. Smart people realized that, and choose careers based on that trend. Elon Musk surprisingly broke that trend. It shouldn't have been possible getting rich doing that sort of things!
Jakarta, and that's a very interesting place to visit (with amazing food, and wonderful, very friendly, people!) The "West" also completely ignores the major Chinese exhibitions - the US even regards the bi-annual Canton Trade Fair as a "security threat". Presumably the US fears their homeware and furniture exhibitions 😀 Meanwhile, the technology / technical / engineering exhibitions are completely fascinating, especially for those of us who are hobbyists - there are great sales bargains to be had there, and there are shipping specialists in the SAME exhibition, so you can buy your items, and get amazing freight rates for a bulk shipment, rather than paying over the odds for individual freight charges.
The simple reality can be reflected by a spoiled child losing a game of basketball. The brat decides to take the ball away and tells everyone that the new “ rules based order “of the game will allow him to foul while everyone else gets punished. It works for awhile, but soon everyone decides it’s no fun and form their own group to just go play tag in another part of the school yard. The G7 are fast learning that they’ve self isolated themselves and are losing grounds to everyone else. We’re rapidly becoming the Soviet block with backwards industries and no outside trading partners.
good analogy. they have no choice though: they know the are loosing and so must bend the rules whilst they have leverage wont he rules. In a approx 2 years with BRICS and M-Bridge BIS settlements between the BRICS federal Reserve Banks those rules will not apply any more. The US will be helpless because the USD will not longer be useful as leverage for trade. I think BRICS is about 32 % of global trade now.
And we are doubling down and tripling down. After all, we are the "shining beacon on the hill" or "the indispensable country", how could we fail? The only reason the Chinese and the rest of the world have caught up to the US is because they "stole" everything or they are "cheating". It IMPOSSIBLE for anyone to really surpass the white US/West so anything we do can never be really wrong. Of course, if we could talk to the Romans, the Brits (not the delusional ones), the Ottomans, the Persians, the Mongols, etc...I'm sure they will have a different take. The only difference is they didn't have nuclear weapons that they can use to blow up the world to prevent their empire's demise. US is potentially a VERY DANGEROUS animal, especially with someone like Trump and his supporters who are racist towards China and backed up by their behavior with tariffs and other actions.
The funny part is how much these CEOs (west brands) are charging for their services of laying offs people instead of making their products competitves. 😂
Everyday I hear about new layoffs here in the states. Most are technology and manufacturing related companies though. I guess the service industry is doing better. Either way, it is disheartening to hear about the layoffs.
One reason Chinese companies are so successful is that they are still owned and run by the original entrepreneur. Larger Western companies on the other hand are owned by shareholders who are remote from the business. When I was working in engineering we favoured companies in which "the man who owns the store, runs the store" When you deal with big corporations, however, no one really cares. They get paid regardless.
The business leaders didn't throw away capital on buybacks and stock bonuses, *THEY* made money at it, they *do not care* what happens to the company after they cash out.
I have my doubt about the India. Population growth is not going to help economic growth especially if the government is anti business and ignore poverty to fully utilize the population
Many predictions about India have been consistently wrong. The West always said India was the future back when India's and China's economies were the same or China was poorer than India (per capita). Jayant Bhandari, the well known Indian businessmen explains it very well about why India has always been problematic though that could change. If India isn't careful, they could well populate themselves into economic oblivion if you don't get good economic growth like manufacturing to match the increasing population numbers.
@@kenw.4539 most of these so called predictions are made by the western media propaganda machine. India is part of it. Most of these experts are more hot air than accurate. The western system has financial crisis every 10 years. And like a pyramid scheme, those in the bottom get to be harvested by those on the top.
just because india isn’t going to lift as many of its people out of poverty as fast as china did (unprecedented in history) doesn’t mean it won’t still lift up millions. even a modest improvement, which it did noticeably achieve in my lifetime, created a middle class in numbers that dwarf small countries, even while its majority population is still poor, just due to their sheer numbers. that’s the thing about scale.
The economic center of the world is already Asia. China alone contributed to world growth more than the G7 combined (google that!). The 1800s was europe's, the 1900s was the US, and now the 2000s is Asia's , spotlight on China.
Having retired from the process improvement side of the auto industry, I predicted years ago that BYD would be the car company to watch. To my friends I suggested they buy BYD stock but that suggestion fell on deaf ears. So glad I did what they didn't.
Actually when i buy a Chinese made smartphone it runs Google built-in Android on it. Actually American companies are tend to work with China/Chinese companies i can list a lot of examples but politics is the biggest barrier among them.
Yes, the US & Western leaders too fearful of competition have used unscrupulous means such as the pretext of "national security" to undermine the trading system.
Also much has been spent on militarizing our society despite the shortcomings in defense given by the fact of many mass shootings and theft degeneracy. And our military is basically a welfare program, welfare for the industries it serves and welfare for the people that lack actual manufacturing skills, so the USA mainly hires maintainers, managers, and gradually becomes a pariah globally pursuing its delirious hegemonic status. A majority of the US is aging and so the police state has degraded the overall industrious and creative reputation the USA once held.
Whats frightening is gow propagandized the ordinary Americans are that they would vote against their interest. At this day and age the word "socialism" is fucking anathema to them. Thats why the political and business class gets aways with reducing workers rights, environmental protection, bailouts without prosecutions and no conditions, deregulations. Its frightening because of how influential american culture is that they are exporting those ideas elsewhere
The #1 goal of the $1 trillion+ US military budget is to push as much money as possible to the military industrial complex (MIC). The MIC, the Zionists, the Deep State (CIA, FBI, etc...) and the billionaire oligarch donor class are the people in perpetual control of the US. The goal of actually defending the US is secondary especially if maintaining a hegemonic world empire is up there with the #1 goal. This is why you will find $10k hammers still blatantly in defense industry charges to the US government. Nobody cares since it's all about the #1 goal. They should just push wheelbarrows full of $100 bills to the offices of Lockheed Martin for example (builder of the F-35 turkey) and create a meme about how many potholes we are unable to fix (and proud of it) because all the discretionary federal dollars are going to the MIC to show how we have our priorties right (US empire #1, needs of the American people #10 on the priority list). Also we could have lots of posters saying "HA, HA, what are you stupid Americans going to do about it?? We could double the US defense budget to $2 trillion and if you protest, OUR POLICE will kill you...HA HA!!!" Oh and Trump will make it worse. He became very swampy in his first Administration and he defunded the Pentagon Inspector General's office.
You’re number one Kevin ‼️ Don’t change a thing in how you approach your delivery on your videos please. I remember when I first found you out …. I binged watched your videos all on one weekend 👏👍 Cheers everyone from Vancouver Canada 🥂
In Scenario 2, often a partner gets murdered as one spouse who ends up hating the other spouse and doesn't want to go through an agonizing divorce and split up assets, etc...
I've just seen PRECISELY the same format applied to Hungary, and Brazil, and others. "100 years to pay off the loan!!" (EXACTLY what uSA and Europe did to "The third world"?) They failed to mention that rather than raping the land, stealing the resources AND piling up the loans which could never be paid off, China is *Writing off* the debt outstanding and enabling countries to join "the FIRST world"
Indonesia's capital is Jakarta but evidently they are building a new one because the city is sinking. Most recently i saw an article a few days ago about how manufacturing should take off if China sees another 10% of sanctions.
For 3rd quarter 2024, the top 10 car makers in the world by sales include 2 Chinese companies ie BYD and Geely Group (Volvo, Lotus, Zeekr, 10% of Mercedes Benz and other car companies)
As a former (Australian) "expat" who lived in Singapore and Malaysia for several years, I feel your anger about our Western Business "leaders" and government "officials". I do not which describes them better: mediocre or parasitic? 🤔
I am just curious, are those photos and zrone images of China at the end of each video are taken by yourself ? Meaning you have visited all of them? Amazing!
A thing I've notice over the years , as I've contacted companies with suggestions to improve their products. They aren't interested...'Its not what we do' is the claim.. .SO what does Chinese manufacturers do ? The look at products across the west and ask themselves how can they improve those products and then (ofcouse) lower the price. This is has happened over many different products. I just bought an excellent folding magnifying glassX30&60 with mini built in lights for each lens That works fantastically , price 20$ us !
This format is just so good. Together with the sources, this is really how it should be done. Business managers and CEOs should all be watching this. Indeed anybody that wants to plan a future for their children and have situational awareness of what is coming down the line, should be watching this.
I've been in Kuala Lumpur for 2 weeks. It just hit me while watching this video. I haven't seen a single American car. Not even a Tesla. Lots of absolutely gorgeous Chinese cars though.
it’s been like that for a while though. most of the cars are japanese or local. occasionally maybe a european car in the posher neighbourhoods as a status symbol. once in a while maybe a ford. where were you that there were many chinese cars? i’m beginning to spot them every now and then in the city centre but they’re not numerous yet. that said, byd is always present in green automotive related conferences in the convention centre, unlike the western brands who showcase maybe, once a year tops. so i reckon byd is investing more in the market relationship.
The global south consumer market will grow to take it the imports from China and BRICS. Whilst the West cannot out compete the prices from China. This phenomenon really benefits all the suppliers and consumers in the Global South countries.
The money sweet pockets in EU and USA the so called old money did 30 years ago a so called brilliant move, a move to relocate the financial hub first then industry fallowed to Asia and China as a main course....they did this as life in USA and EU did become stagnated, and Asia was open for taking, second thing was working force in EU and USA was high and full of problems , laws, and restrictions, and that sweet spot $ money $ so over all costs was low. People who live by money every day, dont think about other people, they care about money, who was in control of money flow in EU and USA? they have no attachment to the land and its people, they did not feel the pain, China and Asia got on a rise, going up fast, a lot changed, oh yes they did try to slow down the China growth, they failed, China did have that game played before with British Empire, they did learn the lesson. And now for last about 10 years, Asia is king, taking over S America, Africa-by storm, not with power of military and force, they storming other countries with something new, "good will gestures", they building for these countries roads system, R&R system, sea ports, airports, whole new industrial parks...they take minerals, and buy goods from all over at fair prices....this is not China's colonization, this is cooperation. In trade everything China touches is on the rise, and its not just made in China, China do not build industrial hubs all over EU, Africa, S America, Australia, and others, to stay empty...no they bring jobs with it, then the trade, and then the wealth.Look at the rise of Africa countries, look.- is insane what is going on.TH
The crazy part is that there are things that the West produces, which the Chinese would love to buy. Advanced semiconductors, lithography equipment, jet engines, turbines, a lot of stuff that the West refuses to sell because something something "dual use technology" "national security". So the Chinese are going to have to build those things themselves, and when they do, they'll do it cheaper, and then they'll take over those markets, too. It's not just that the West are failing to enter into new markets, but they're actively forfeiting existing markets.
This white man has deep malice towards China! On the surface, he is just talking about data graphs! In essence, he is telling the West! The troubles encountered by Western countries are caused by China! For example, economic depression, rising unemployment rate, and lower income... are all caused by China! Now this bald white man is famous in China. All Chinese people know that this person is a clown! A provocateur!
BUT.... You know what will happen next? Weather patterns change over the Gobi desert. Then, the next year, when uSA has increasingly bad weather, they blame "The Chinese"
Emerging countries buying EVs from China, must have the necessary electrical EV infrastructure for the growth in sales of Chinese EVs to be substainable.
Don't you know that China is world-leading in hydropower, solar power, wind power generation, ultra-high voltage transmission technology and energy storage batteries?
Everywhere I look in Indonesia its all Chinese car now. Who doesnt has electrical EV infrastructure? Oh wait maybe in Europe and North America the so call G7 most developed region in the world?
Some of us see all this and have a hard time understanding how easily the political and business elite of the entire west went sleeping some 2 decades ago. 1 or 2 more decades of this negligence and many of us in the west will be poor, if not most. It has already started.
Their racism can't conceive of the Global South countries and people being able to make progress without the west providing leadership and resources. The arrogance of the west is off the charts.
@@marcusclarkson5520 Are you sure? With the government in $35 Trillion debt and rising fast, with States in massive debt, with population in massive debt (mortgage, auto loans, credit card debt), all while dollar is losing it's value globally due to BRICS. This time there is no easy rebound because there is no more money. At this point, more loans or printing more money will only make inflation skyrocket.
i will not explain myself because i experienced whenever i say in a video something like that bad about China and good about the US people generally lynch me. That doesnt mean im not talking truth. Ofc Americans are poor they cant afford a car American dream has ended bla bla bla. Everybody talks about statics by their ideology so. An economy about 30T dollars and with many huge high-tec companies is/will be poor? Its like inflation is not declining in the states. And yeah brics :) brics will destroy the US economy yeeeeeaahhhh letsss gooooo
Im glad I found your channel, very useful and straight forward information. As a romanian born, having leaved and worked in the US, and Middle East, I am happy we left america, and have no problem to educate the children out of the US and work world wide.
i love your work mate, keep it up. What Three cities would you recommend first time visitors to China to visit, and what is interesting about them to see and/or do?
Beijing in the far north, for its many historical attractions that only a capital city has. Shanghai on the coast for its attractions that only the biggest & leading commercial city has. Chengdu in the far west for its very different "chill" ambiance, relaxed people, and close access to nature, pandas, shangri-la, and fascinating tibet.
I'd add a 4th city. Urumqui in Xinjiang, and the surrounding area in the far northwest, to see a most picturesque and unique part of the world plus see with your own eyes whether the US-led western narrative is true (it's not). I live in Singapore and Xinjiang is a tourist destination with daily flights. Explore the city, culture, and go stay out in a rural yurt for tourists with the locals.
From what I’ve seen, people who rise to the top of large organizations/institutions, be it government, corporate, or even altruistic charities & religions are almost universally Machiavellian. Generally they are good at presenting an image to those around them as team players, but when promotional opportunities arise they use all the dirty backstabbing tricks in the book to win. This type of mentality/morality is still self serving when they reach the top. It is no surprise they will sell out the company’s future with inappropriate stock buybacks and cost cutting that sacrifices the company’s future in order to justify huge bonuses for themselves.
Good afternoon, I am Brazilian, 31 years old, and I live in São Paulo. I can attest that the arrival of Chinese brands in our market caused a great shock. To give you some context, Brazil imposes surtaxes on imported cars to stimulate its domestic industry. The scenario we have always seen here was that traditional brands such as Volkswagen, Ford, GM, Renault, Honda, Toyota, and Fiat produced locally but sold inferior cars to similar international models for an equal or higher price (converted), using the excuse of high taxes. When the Chinese brands arrived, they brought the price, but above all, unbeatable quality. The disparity was so great that some brands had to reduce their prices by more than 20% (proving the overprice), and then they carried out political lobbying to increase import tariffs, claiming that Chinese cars would destabilize the domestic industry. However, Chinese companies accepted the challenge and then invested billions of dollars in building factories in Brazil (BYD 3.5B USD, for example). I'm loving watching this new dispute between traditional and Chinese car manufacturers. It's already proven that the Brazilian consumer is the one who has the most to gain from this.
I really love your channel, high quality material!!
Best regards from Brazil to you all.
Yes competition is great for consumers! 😊
❤Thank you very for information and assessment.
And that’s why German and American car makers are all going bankrupt. After so many decades of making easy money, they cannot compete with Chinese technology.
I'm excited for this too in the US with cars
Yes. Agree with every point given. After buying a BYD (pure electric) I became painfully aware of how bad were the cars sold here in Brazil.
US led West is preoccupied with their favorite high priority subjects:
1) propaganda - how to ‘contain’ China
2) sanctions - how to ‘contain’ China
3) deployment of 800 military bases - how to ‘contain’ China
4) regime change and war - how to ‘contain’ China
None of these activities above have been able to contain China. The western world tried to hide space travel technologies to China, now China has a working space station, journeys to the far side of the moon and dropped a rover on Mars. Its likely they will do something outrageous soon, beyond the imagination of the west.
Meanwhile Russia gave them an underbelly punch and they can't even take it 😆
According to one study, the fertility rate of white Americans is 0.9, while other ethnic groups are as high as 5.6. ie the Exceptionalism might disappear by itself in 3 generations.
@@badbad-cat
Uraaaa
Jai Hind. Our Indian companies valuation had been left out dry by the inexorable Rise in Wall Street which prefers Stock buybacks due to easy money quantitative easing rather than in companies doing the hard works to payout high dividends to shareholders.
I'm NOT tired of these charts. I'm NOT tired of this channel's first class analysis. You're doing great work. Best in class
ME - "OHH charts!!!" :-D
Agreed!
@@piccalillipit9211😂😆
Love your data on how the world is throwing off the yoke of Washington and McLean
we need truthful reporting on China and not the lies like this video below all over UA-cam. China is BOOMING and Number 1.
ua-cam.com/video/9aP8xjEmOo0/v-deo.html China’s Economy Collapses: Jobless in Big Cities, Worse in Small Towns, No Escape for Youth
Counties and county-level cities form the backbone of China’s urban structure. Over recent years, however, these areas are gradually shrinking, with many predicted to eventually disappear. This has sparked an online discussion for nearly three years, pointing out signs of collapse: population loss, crumbling finances, plummeting property prices, and stalled public services. A popular online article even stated, “In our lifetimes, we may witness a wave of county-level cities disappear entirely.”
A celebration yesterday at Chancay port, Peru, for the completion of the new port by Peru and Chinese president, to open a new maritime trade route/port between China and Latin Americas. The project will continue with a new railroad from the port to Brazil to connect pacific and Atlantic in Latin America.
America can!t built anything in her backward only colour revolution
This will never be shown in Australian/Western MSM, since it's positive news
@@LW78321
western media headlines painted an APEC protest to be a protest against the Chinese and that port, and the Americans
But when they interviewed some of the protesters there was no mention of China
As they were protesting the Peruvian Government/ handling of crime/ APEC/ and Americans
Where there were videos of people burning American flags
I saw video of a line of folks on the sidewalks cheering the Chinese procession/motorcade waving Chinese and Peruvian flags and a lion dance along the route
Probably because the new port is estimated to bring in 4 billion a year with 40% of the profits going to Peru
@@LW78321If they do show it, they’ll emphasize the supposedly negative impact on Peru such as national security threats, local discontent, environmental degradation, exploitation, debt trap etc.
Yay! @@keepingittight
As a German, I never hear anything about Asian countries, except for China tariffs. Our politicians are too busy destroying our own industry. If you don't have any industry anymore, you don't need any customers anymore.
you are German. Mate, tell me, I am a doctor in Switzerland and I am studying German since 6 years, and my german is still painful to listen to. So embarrassing. Give me tricks man. 😭
As a person that left Germany 11 months ago its a bit scary in Germany. I loved the Germans. Logical, sensible and decent ethics. BUT OMG the AFD is getting a 30% foothold because the economy is in trouble and its the old "blame the migrant" solution again. It's a repeat of Brexit in the Uk, and trumps in the US. Protectionism 101 basically.
Then again you cant buy property in Asia or start a company in Asia ( without 51% ownership from a Chinese partner ). You can in EU, US and Australia etc IF your Chinese. I cant believe the EU is so dumb. But the Anglosphere is hoping for the money fro, Asia to flow into the EU etc. Spain is at 32 % foreign property purchases with cash. Australia's at 52 % foreign property purchase sboth cash. Asia is buying Europe, etc as they have so many USD from selling shit to the EU and USA.
Instead of tariffs, which is a a handout to local companies to pump up prices and then make the rich richer and the poor poorer, the idiot governments should be limiting freedom of purchasing. Same as freedom of movement. If you not in the Club you cant buy. Asia has been dong it to EU for decade. Also get rid of the golden parachutes Scheme . it's so disgusting to sell passports at 1 million a pop to Russians and Chinese so they can get Permanent residency in the EU. Just another sick side of the governments there going for the EASY short term gains. People in Europe deserve more forward thinking governments. Maybe that why communist china has an advantage - planned economies that think further then the 3 year election cycle ?
I used to work for Audi and the Germany government in cyber security.
I left because I had enough of the direction the country is going .. Lovely lovely country but its got some issues, and I left for Asia instead. The writing was on the wall when you compared the 2 options..
@@gedw99an estimated 20 million migrants in the United States illegally that do not contribute to the tax base but are drawing benefits off of that tax base. Most of them came here in caravan organized by the drug cartels. They have no intentions of be coming citizens. They have made themselves criminal by entering the United States illegally, staying in the United States illegally, and intending to draw benefits reserved for American citizens.
That’s exactly what we don’t understand as non-German, why is Germany killing themselves while Germany had one of the best industry in the world.
Look on the bright side, at least they brought in diversity
Dear Kevin: You can't imagine how happy I am to see BYDs driving around here in São Paulo, even though the charging infrastructure is still small. I also like to see Chinese and Japanese hybrids. They are amazing, ingenious. I also love your work on YT. You deserve hundreds of thousands of viewers per video! I never tire of promoting you...
The Toyota hybrid system is ancient and obsolete = FAIL
@@craigslistseller9354Their battery is ancient. Big and bulky lead acid batteries
que bom que vocês estão bem!
saudações de um chinês
@@craigslistseller9354 The Toyota Hybrid system is moving to BYD tech.
Only when there is a fully competitive market will consumers benefit.
I am glad that the Brazilian government has made the right choice.
I'm an American, retired and living in Amman, Jordan. Before coming here three years ago, I had hardly ever seen a Chinese car, with the exception of Geely, which entered the Egyptian market in the late nineties or early aughts, when I was living there. In Jordan, I have seen more electric cars and hybrids than I have ever seen anywhere else. More and more of those are Chinese, many of the upscale ones being BYD. About a week ago, BYD started advertising one of its new luxury SUV models with a buy-one-get-one-free offer. I kid you not! The price is about 80,000 JOD for the first car. That's about $113,000. That is, you can get two luxury SUVs for around $56,500 each! That's with the high Jordanian duties!
I love your channel, too. Only found it a few weeks ago, when I spent hours and hours catching up. Now, whenever a new one drops, I watch it before doing anything else.
Sorry, I just checked with my bank. It's not BYD, it's Hongqui, and the second car is the EQM5. The first car is its EHS9. Still, when have you ever seen a buy-one-get-one-free car deal?
A basic logic is that only the most competitive products will be sanctioned.
The White House's action is actually an affirmation of China Auto, just like the US government did to Japan 30 years ago.
And the average American remains under- informed , still chasing the WW 2 advantage that has simply vanished.
Yes. So sad.
the new trump administration still talks about how they will decide the cease fire in Ukrain, how they will get Russia to move away from China,How they will protect SCS and Taiwan, how they will take back the global south....The boat has sailed, no one trust Americans, not after last 60 years of regime changes and proxy wars.
Americans live in their exceptional delusions.
I'm a Korean-American living in the belly of the beast, but I'm so glad that the rest of the world has options going forward. America and its heyday is over and it's for the best.
When president Xi wants China to make automobiles his advisors tell him battery electric vehicles are the best choice. So he tells his officials that he wants battery electric vehicles (BEV). The provincial banks and large city banks lend money to start ups and other automobile companies like crazy. These financial institutions know that many of these companies will go bankrupt but that is the cost of doing business. What follows is a Darwinian hunger games as these auto manufacturers compete to make the least expensive best quality, for the money, BEV. Eventually a few real predators survive BYD, Xoami, Xpeng, Nio, SAIC, Geely……. Then they invite the apex predator in to take part in the biggest automobile market in the world TESLA. This is what they did with Apple in Shenzen.
When Joe Biden wants BEVs he gives billions and billions to Mary Bara (at GM). Mary Bara takes the money and buys back $6 billion USD worth of stocks and that juices the stock price the GM board of directors gives Mary a fat bonus and no electric vehicles gets built but everybody got rich. The iron rice bowl is alive and well making corporations and billionaires richer in the USA communism for to big to fail corporations.
Socialism for the corporations but capitalism for the workers
@@peanut0brainyes look at the gig economy.
Not quite.
"The Darwinian Hunger games" hypothesis seems like a "Free market economy" with the cream rising to the top?
As for "Presidential Advisors".... Isn't that what happens in the vast majority of "Corporations", where "The management" request ideas, then details from designers and engineers, then make an "Informed" decision"?
The difference in China (And One company outside) is that the decisions aren't "Short term" and the "government" is better informed and not making the decision on short term profit?
Before Xi became President in 2014, China had been building automobiles for decades. China was building BMW, Mercedes, GM, etc. and domestic Wuling and Chery. Xi pushed a cleaner, ecologically sustainable future balancing growth with environmental protection. New energy vehicles (NEV) production included BEV, EREV, PHEV, and FCEV manufacturing, but China also created a lot of demand by pushing taxis and rideshare to NEVs, along with government purchases at all levels, and private vehicle registration advantages. China also pushed massive investment in public charging and unified standards, along with renewable power generation.
The Biden Tax Credit for electric cars seems to me designed by bureaucrats, actually twisting the market.
A simple design of it, like $7000 directly at the buy for any BEV, without any other conditions would have worked better.
The car price limit, for example, didn't work well for an OEM who have difficulties producing affordable BEVs.
It actually made Tesla , who could do that, out compete them!
The income limit also made it ineffective. I can understand not wanting to subsidize cars for the rich, but it's actually idiotic!
(And I'm from Sweden, a very socialistic country. We have these tendencies more than most!)
This is one of the best geo economic/political channels, look forward to each video. Massively undersubscribed!
Massively undersubscribed? This channel started about 6 months ago and now quickly heading to 100,000 subscribers.
But growing like crazy.
If you look at other channels with the same subscriber amounts of 70k
They will get 3k or 4k views per video the first week
Kevin’s views are like 40K to 50K per video
A substantial amount of his subscribers watch every one of his videos
I remember when he first started out I gave him a pity sub because I figured he wouldn’t get the views Unless he was anti China or f ache News China
Now look at his channel
Some people get it some don’t
I view his videos as a warning to America/Western countries and us westerners from inside China
I made those same warnings in late 1980s about the rise of CCP China
But was getting laughed at and called a CCP 50 cent army poster. Must be a Communist Trai tor, against Capitalism and worse names
So it’s nice to see at-least his followers …. get what’s really going on
Instead of China is going to crash narrative for the last 30 years
Reading this comment, I actually checked to make sure that I was subscribed - I was.
Agree! I hope the growth of subscribers of this channel can be faster. Just look at those “talking shxt about Chia” channels, 100,000 subscribers is just a “unit”. Guess the people from the west feel better to listen to someone talking shxt about China.
And Ford left Brazil. BYD arrived. Great Wall arrived, Geely arrived...
And Ford/GM left Australia, BYD and other Chinese brands arrived.
And ford's CEO bought a Chinese EV, which he drives in the US, and he loves it.
Ford is done. The US government can protect him from Chinese EVs, but no one can protect him form Tesla, wait, Tesla is also made in China.
GM left Thailand. Great Wall Motor, GWM, bought over this plant to start manufacturing EVs
To add insult to injury, BYD bought Ford's factory in Bahia, after it left Brazil.
Trump’s tariffs will speed up the segregation of consumers markets, and the US and EU markets will be far more expensive than rest of the world. Leading to less products and inflation…
US & EU have always been the markets with the highest margin.
It's already happening. More and more people can't afford to buy many products. Inflation has made a lot of products too expensive for many of us in Europe.
Trump still think US is the center of the universe. Good luck to him.
Trump will simply be responding to China's high tariffs. Did you not realize that China has very high tariffs on almost all foreign manufactured consumer goods?
@@vulpo And how will that help the US consumer? It just means everything gets more expensive, and I dont expect China to reduce their tariffs. The Chinese companies will simply keep expanding outside of the G7 and the US based companies will keep their margin and have no incentive to reduce the price.
Hard times are coming to the West. That's why I left England to set up shop in Ghana in 2020 🇬🇭 . The writing was on the wall back then, and nobody would listen. I sounded crazy... heck, they still aren't listening now.
Global institutions are still skewed and serves the west. Swift, UN, world bank, thise highly favors the west. The structure of IP law massively favors tge legacy technology of the west to the detriment of emerging markets. How the fuck is Britain has a security council seat? 4 white nations holds those seats with veto power, only China is the non-white nation. Its a joke. India needs to have one, and China should support it. Brazil another. Not sure who should represent Africa. And any veto should be overturned by 2/3rd vote of the general council.
What "shop" did you setup in Ghana?
Now that we have envisaged or you have seen the writing, what can we do to protect ourselves. Share markets in US will fall if we all left them alone and do not participate in this ponzi scheme. That will be hard, but do-able
This old Kiwi rocker would not miss your uploads as they are factual, concise and always spot on, you deserve way more subscriptions and views in my opinion, but the ones you have, are the better informed in Chinese based geopolitical and financial matters, thank you and be blessed.
Hello fellow Kiwi. Good comment ❤ bless you too. Bao zhong,!
We love all your charts. They are the best to show us what you mean and what business is doing globally. Thank you.
Yes - always great charts to back up the points being made.
Incredible. It's China Business, but you focus on the rest of the world too. I'll never tire of the charts or the information. The amount you pack into a few minutes, is extremely focused and superlatively informative. I hope you focus this kind of analysis on the whole world eventually (you already do to some extent. )
This is the single most informative channel on UA-cam.
Thank you for your efforts and for refocusing my thinking, several times a week.
Go china, Go BRICS, from uk here.
(US citizen, living in MX, on my way to China, retired) I am stunned at how badly the US has shot itself in the foot. This has been coming for a long time now, as you point out the US is all about short term profit. The Republican mantra has always been "I got mine, Jack.Tough luck for you" whereas China's one party system thinks long term about what is best for China, rather than line their pockets (although that is a side benefit of their growth).
You got it. Enjoy your time in China. Best wishes ❤
Not just Republicans. Most Americans who have are like this.
It's not just Republicans who could care less about their constituents. At least with them you know what you're getting. The Dems on the other hand will rob you blind while putting on a whole theatrical production about "progressive values". Those of us who have woken up to the problem have realized we are on our own and have to figure out our own solutions.
Another great video that most Americans do not comprehend because the media does not report on these issues. Thank you for trying to enlighten The Great Unwashed.
Like your video because it's factual not bs like a lot of other videos on you tube
As always. Simply straight to the heart of the matter. No Fuss No Frills just the Facts. Thank you Kevin.
😂❤😂❤ where will you go? If you like Beethoven and bratwurst you will go to Germany.
If you like money you will go to Brazil. 😂❤😂❤ so true.
If you like Villa Lobos, go to Brazil.....and Beethoven there is good as in Germany❤......and there is money to be made...or be a maid and make some😂😂
If I have the money I can stream Beethoven and order all the sausages I want online!
@@jakedee4117 if your in China can have snarlers delivered by drone.
@@othmanmajid6380yes...lol❤
😂👍✌
The reality is coming home how Russia did not collapse when they were forced to move there trade to the fastest growing economies in the world. It should also be understood that China will be just fine without European and US markets.
Yep!
I live in china and my friend works at a factory that makes plastic bottles for shampoo, body wash, lotion, etc... Their business has been booming and is having one of their best years. This is due to the increase in the number of middle class ASEAN countries. Before a bar of soap is good enough for wash hand, face, body, and hair. Now, these new middle class consumers likes to buy hand wash, body wash, shampoo, conditioner, and face wash. I am sure central Asia, Africa, and south America will be their customers in the near future also.
Facing the cluelessness of Western businesses and governments, Kevin is exasperated.
I never misses Kevin's new videos and always watch to the end. Its always concise, insightful and no nonsense, the best by far. Most large networks are full of talking heads with not much brain cells. Kevin's one man team absolutely destroys them.
Wow, your frustrations towards the negligence and incompetency of your fellow countrymen in not focusing on the future giant pool of new consumers from the developing world is very obvious in this episode.
He is not the only American sharing in those thoughts and sentiments...far from it.
The anglosphere hasn't realized the truth.
exactly!!!
Its what the globalists want and another reason why they invested so much in Western Media (Besides being able to colonize heavily). They understand that when the people wake up they will realize that the globalists abandoned USA and moved everything over to China. It will be too late for the US population and economy
@@skyw4278
SOME of us in the anglosphere have
The Fox channel continues to tease China's impending collapse by soliciting clowns, which makes everyone smile.
The Anglosphere wanna cont to party at your expense? They think everybody can be dumbdowned like their domestic minions? 😂😂🤪🤪
This video is very powerful. The message is visual and visceral. The two billion new consumers should be every competent manager's focus.
For the price of one Mercedes or BMW, you can by 2 or 3 BYD. Time of overpiced European cars has come to an end.
If you are a car dealer and sell a European car, you might make $5k, if you sell a Chinese car, you probably make the same! So why not sell what the public want! A great cheap car with no Tariffs!
The government still get the same taxes and the importer and the dealer is happy! With the system of tariffs, the buyer looses, the government pays subsidies to keep you factories open and you still can't sell your cars and complete! Your county looses big time.
mate the depth of the information in your videos are amazing. thank you for sharing and i wish you the best
I'm always recommending this channel to fellow Aussies; some are really interested, however there are many who regard ANYTHING remotely "pro-China" as "CCP Propaganda), which shows you how indoctrinated (and narrow-minded) much of our population is.
My Aunt went to Harvard and studied architecture, she had a beef with Harvard MBAs and other ones, telling me MBAs had wrecked the US or something along these lines. As i listened to your video i asked myself what did leading business teach about the topics you just covered over the last half century?
Some say business professors have never done business nor international business lol
Because it's just so much easier to manipulate the stock price to make money from the stock market than developing the actual business.
It does make you wonder, doesn't it? It seems to me one of the biggest failings of the American education system is its very narrow(eurocentric) view of the world. It's a system that is strongly infused with racism and hubris.
In the 1980s, or so, it became obvious that too much of the economy had moved into the finantial system, away from manufacturing and actually producing stuff.
Smart people realized that, and choose careers based on that trend.
Elon Musk surprisingly broke that trend. It shouldn't have been possible getting rich doing that sort of things!
N/American business schools teach MBA students to make as much as possible in the short-term. The MBA students learned well!
And now the mighty dragon has its gun sight on civilian aircraft.
Rip boring and airbutt.
Jakarta, and that's a very interesting place to visit (with amazing food, and wonderful, very friendly, people!) The "West" also completely ignores the major Chinese exhibitions - the US even regards the bi-annual Canton Trade Fair as a "security threat". Presumably the US fears their homeware and furniture exhibitions 😀 Meanwhile, the technology / technical / engineering exhibitions are completely fascinating, especially for those of us who are hobbyists - there are great sales bargains to be had there, and there are shipping specialists in the SAME exhibition, so you can buy your items, and get amazing freight rates for a bulk shipment, rather than paying over the odds for individual freight charges.
So concise so to the point , every info channel should model this man's delivery period, thank you
The simple reality can be reflected by a spoiled child losing a game of basketball. The brat decides to take the ball away and tells everyone that the new “ rules based order “of the game will allow him to foul while everyone else gets punished. It works for awhile, but soon everyone decides it’s no fun and form their own group to just go play tag in another part of the school yard.
The G7 are fast learning that they’ve self isolated themselves and are losing grounds to everyone else. We’re rapidly becoming the Soviet block with backwards industries and no outside trading partners.
good analogy. they have no choice though: they know the are loosing and so must bend the rules whilst they have leverage wont he rules.
In a approx 2 years with BRICS and M-Bridge BIS settlements between the BRICS federal Reserve Banks those rules will not apply any more. The US will be helpless because the USD will not longer be useful as leverage for trade. I think BRICS is about 32 % of global trade now.
As I've always said, the world are tired of playing uass games and now they are playing with their own.
Yes.
And we are doubling down and tripling down. After all, we are the "shining beacon on the hill" or "the indispensable country", how could we fail? The only reason the Chinese and the rest of the world have caught up to the US is because they "stole" everything or they are "cheating". It IMPOSSIBLE for anyone to really surpass the white US/West so anything we do can never be really wrong. Of course, if we could talk to the Romans, the Brits (not the delusional ones), the Ottomans, the Persians, the Mongols, etc...I'm sure they will have a different take. The only difference is they didn't have nuclear weapons that they can use to blow up the world to prevent their empire's demise. US is potentially a VERY DANGEROUS animal, especially with someone like Trump and his supporters who are racist towards China and backed up by their behavior with tariffs and other actions.
Love your work Kevin, and all the charts!!
This channel is amazing
Sir, your observation and analysis of geopolitical and market developments is second to none 😮 WOW
The funny part is how much these CEOs (west brands) are charging for their services of laying offs people instead of making their products competitves. 😂
Everyday I hear about new layoffs here in the states. Most are technology and manufacturing related companies though. I guess the service industry is doing better. Either way, it is disheartening to hear about the layoffs.
Yes
One reason Chinese companies are so successful is that they are still owned and run by the original entrepreneur. Larger Western companies on the other hand are owned by shareholders who are remote from the business. When I was working in engineering we favoured companies in which "the man who owns the store, runs the store" When you deal with big corporations, however, no one really cares. They get paid regardless.
Good to hear, good to know. Bye bye West.
The business leaders didn't throw away capital on buybacks and stock bonuses, *THEY* made money at it, they *do not care* what happens to the company after they cash out.
Corporate greed at the expense of the economy. Short term gain over long term growth. This is why legacy companies in western countries are declining.
Yep!
There was a time when stock buybacks were not legal. They present investors with a mirage that hides the reality.
I have my doubt about the India. Population growth is not going to help economic growth especially if the government is anti business and ignore poverty to fully utilize the population
The chart is not showing population growth, it's showing % growth of people that will be considered new consumers in the marketplace.
Many predictions about India have been consistently wrong. The West always said India was the future back when India's and China's economies were the same or China was poorer than India (per capita). Jayant Bhandari, the well known Indian businessmen explains it very well about why India has always been problematic though that could change. If India isn't careful, they could well populate themselves into economic oblivion if you don't get good economic growth like manufacturing to match the increasing population numbers.
@@kenw.4539 most of these so called predictions are made by the western media propaganda machine. India is part of it. Most of these experts are more hot air than accurate. The western system has financial crisis every 10 years. And like a pyramid scheme, those in the bottom get to be harvested by those on the top.
Agreed.
just because india isn’t going to lift as many of its people out of poverty as fast as china did (unprecedented in history) doesn’t mean it won’t still lift up millions. even a modest improvement, which it did noticeably achieve in my lifetime, created a middle class in numbers that dwarf small countries, even while its majority population is still poor, just due to their sheer numbers. that’s the thing about scale.
The future is in Asia. And…
africa...
)@@skyw4278
The future is... "The GLOBAL majority" (minus those too short sighted to recognise the fact)
LINDIA to be exact..jai modi pees
The economic center of the world is already Asia. China alone contributed to world growth more than the G7 combined (google that!). The 1800s was europe's, the 1900s was the US, and now the 2000s is Asia's , spotlight on China.
Having retired from the process improvement side of the auto industry, I predicted years ago that BYD would be the car company to watch. To my friends I suggested they buy BYD stock but that suggestion fell on deaf ears. So glad I did what they didn't.
how did you buy?
through ADR?
W Buffett/Bershire Hattaway did and made 7x? 🥳🥳
Actually when i buy a Chinese made smartphone it runs Google built-in Android on it. Actually American companies are tend to work with China/Chinese companies i can list a lot of examples but politics is the biggest barrier among them.
Yes, the US & Western leaders too fearful of competition have used unscrupulous means such as the pretext of "national security" to undermine the trading system.
Imagine once people found out harmony os also work. And you don’t have to worry about spying and explosive devices
@@markc6140yes and covert sabotage
Harmony OS is gaining strength now in Huawei PCs.
@bobsmith3983 nah no need
Also much has been spent on militarizing our society despite the shortcomings in defense given by the fact of many mass shootings and theft degeneracy. And our military is basically a welfare program, welfare for the industries it serves and welfare for the people that lack actual manufacturing skills, so the USA mainly hires maintainers, managers, and gradually becomes a pariah globally pursuing its delirious hegemonic status. A majority of the US is aging and so the police state has degraded the overall industrious and creative reputation the USA once held.
Whats frightening is gow propagandized the ordinary Americans are that they would vote against their interest. At this day and age the word "socialism" is fucking anathema to them. Thats why the political and business class gets aways with reducing workers rights, environmental protection, bailouts without prosecutions and no conditions, deregulations. Its frightening because of how influential american culture is that they are exporting those ideas elsewhere
The #1 goal of the $1 trillion+ US military budget is to push as much money as possible to the military industrial complex (MIC). The MIC, the Zionists, the Deep State (CIA, FBI, etc...) and the billionaire oligarch donor class are the people in perpetual control of the US. The goal of actually defending the US is secondary especially if maintaining a hegemonic world empire is up there with the #1 goal. This is why you will find $10k hammers still blatantly in defense industry charges to the US government. Nobody cares since it's all about the #1 goal. They should just push wheelbarrows full of $100 bills to the offices of Lockheed Martin for example (builder of the F-35 turkey) and create a meme about how many potholes we are unable to fix (and proud of it) because all the discretionary federal dollars are going to the MIC to show how we have our priorties right (US empire #1, needs of the American people #10 on the priority list). Also we could have lots of posters saying "HA, HA, what are you stupid Americans going to do about it?? We could double the US defense budget to $2 trillion and if you protest, OUR POLICE will kill you...HA HA!!!" Oh and Trump will make it worse. He became very swampy in his first Administration and he defunded the Pentagon Inspector General's office.
Oddly Japan and the Phillipines are not positive in these charts hmmm wonder why 😂😂
They both have a parasitic monkey on their backs.
Because too much politics and compliant to Uncle Sam order.
@@markc6140he knows that.😂
You’re number one Kevin ‼️
Don’t change a thing in how you approach your delivery on your videos please.
I remember when I first found you out …. I binged watched your videos all on one weekend 👏👍
Cheers everyone from Vancouver Canada 🥂
It's better to be single and wish that you we're married, than to be married and wish that you we're single. Be Good!
Classic
Famous saying by Confucius
Confucius said,
If a man's clothes are dirty and full of holes then he needs to get married, or alternatively he needs to get divorced.
Lol❤
In Scenario 2, often a partner gets murdered as one spouse who ends up hating the other spouse and doesn't want to go through an agonizing divorce and split up assets, etc...
Last western media report I saw on Indonesia was pushing the "at what cost" meme over the Jakarta-Bandung high speed rail project...🤣
I've just seen PRECISELY the same format applied to Hungary, and Brazil, and others.
"100 years to pay off the loan!!"
(EXACTLY what uSA and Europe did to "The third world"?)
They failed to mention that rather than raping the land, stealing the resources AND piling up the loans which could never be paid off, China is *Writing off* the debt outstanding and enabling countries to join "the FIRST world"
Indonesia's capital is Jakarta but evidently they are building a new one because the city is sinking.
Most recently i saw an article a few days ago about how manufacturing should take off if China sees another 10% of sanctions.
Someone might answer your question, saying Mumbai is the capital of Indonesia, which he/she thought was part of India.
Lol ❤
❤Thank you very much for your professional insight and RELEVANT approach.
This is very informative 🎉
Thats it. I am moving to China :)
your won't get in.
How?
@@gedw99yes he will if he is good. ❤
Kevin suggest Lindia where you can smell the dung...FREE>>>>>>>
@@gedw99 visa free now, baby
Quickly becoming my favourite channel for geopolitical and financial analysis. Thanks for digging deep on these issues and your neutral insights.
"If you like money...". I like money, that's why I love this channel.
You haven't figured out that BRICS isn't about "Money"?
For 3rd quarter 2024, the top 10 car makers in the world by sales include 2 Chinese companies ie BYD and Geely Group (Volvo, Lotus, Zeekr, 10% of Mercedes Benz and other car companies)
Now BYD just has to get rid of the Hybrids.
As a former (Australian) "expat" who lived in Singapore and Malaysia for several years, I feel your anger about our Western Business "leaders" and government "officials". I do not which describes them better: mediocre or parasitic? 🤔
Mediocre and parasitic.
Simply dumb and stupid.😂
Excellent analysis!
Europe is definitely toast.
Don't be so sure.
A fragmented "union" is still "Europe"
great points Kevin
I am just curious, are those photos and zrone images of China at the end of each video are taken by yourself ? Meaning you have visited all of them? Amazing!
A thing I've notice over the years , as I've contacted companies with suggestions to improve their products. They aren't interested...'Its not what we do' is the claim..
.SO what does Chinese manufacturers do ? The look at products across the west and ask themselves how can they improve those products and then (ofcouse) lower the price. This is has happened over many different products. I just bought an excellent folding magnifying glassX30&60 with mini built in lights for each lens That works fantastically , price 20$ us !
Really enjoyed your insight and analysis Kevin! Thanks
Great work. Always wait for your vlog.
I feel like I just got slapped up the side of the head! Thanks Kevin😂.
Lol
Great show. Keep up the info as getting good free education
This format is just so good. Together with the sources, this is really how it should be done.
Business managers and CEOs should all be watching this.
Indeed anybody that wants to plan a future for their children and have situational awareness of what is coming down the line, should be watching this.
Thank you for the insights, Kevin!
I've been in Kuala Lumpur for 2 weeks. It just hit me while watching this video. I haven't seen a single American car. Not even a Tesla. Lots of absolutely gorgeous Chinese cars though.
it’s been like that for a while though. most of the cars are japanese or local. occasionally maybe a european car in the posher neighbourhoods as a status symbol. once in a while maybe a ford. where were you that there were many chinese cars? i’m beginning to spot them every now and then in the city centre but they’re not numerous yet. that said, byd is always present in green automotive related conferences in the convention centre, unlike the western brands who showcase maybe, once a year tops. so i reckon byd is investing more in the market relationship.
China and Russia is booming❤
Consumers simply want to buy high-quality and low-priced goods. Let free trade reduce the living costs for everyone.
Exactly!
Sobering stuff Kevin….. thank you.
The global south consumer market will grow to take it the imports from China and BRICS. Whilst the West cannot out compete the prices from China.
This phenomenon really benefits all the suppliers and consumers in the Global South countries.
The money sweet pockets in EU and USA the so called old money did 30 years ago a so called brilliant move, a move to relocate the financial hub first then industry fallowed to Asia and China as a main course....they did this as life in USA and EU did become stagnated, and Asia was open for taking, second thing was working force in EU and USA was high and full of problems , laws, and restrictions, and that sweet spot $ money $ so over all costs was low. People who live by money every day, dont think about other people, they care about money, who was in control of money flow in EU and USA? they have no attachment to the land and its people, they did not feel the pain, China and Asia got on a rise, going up fast, a lot changed, oh yes they did try to slow down the China growth, they failed, China did have that game played before with British Empire, they did learn the lesson. And now for last about 10 years, Asia is king, taking over S America, Africa-by storm, not with power of military and force, they storming other countries with something new, "good will gestures", they building for these countries roads system, R&R system, sea ports, airports, whole new industrial parks...they take minerals, and buy goods from all over at fair prices....this is not China's colonization, this is cooperation. In trade everything China touches is on the rise, and its not just made in China, China do not build industrial hubs all over EU, Africa, S America, Australia, and others, to stay empty...no they bring jobs with it, then the trade, and then the wealth.Look at the rise of Africa countries, look.- is insane what is going on.TH
Yes. Good comment ❤
Thanks Kevin. Any idea of Investments in ASEAN for 2025?
Is America investing more in Malaysia in comparison to the Phillipines for example.
America invest more military base in Phillipine
The U.S. invest in bases, bars, brothels, BBB.
when one man can outperform the big, rich and old news channels!
The crazy part is that there are things that the West produces, which the Chinese would love to buy. Advanced semiconductors, lithography equipment, jet engines, turbines, a lot of stuff that the West refuses to sell because something something "dual use technology" "national security". So the Chinese are going to have to build those things themselves, and when they do, they'll do it cheaper, and then they'll take over those markets, too. It's not just that the West are failing to enter into new markets, but they're actively forfeiting existing markets.
Thank you Kevin for your continuous objective and comprehensive reports. ..glad I discovered your channel. Be good.
Interesting that there isn't a Chinese international fast food brand. They don't seem to go for that kind of thing.
Lol
Most Chinese street food are fast food - they just don't go for the brand name thingy
@@PhiloSurfer - yeh .. i was thinking in terms of Corporatisation of Chinese fast food.
中国在戈壁沙漠推进大规模可再生能源项目，如太阳能、风能和沙电池，推动可持续能源发展。这些项目为长期稳定、能源安全和经济利益奠定了基础，不同于股市的短期刺激，这些投资不仅减少对石油进口的依赖，降低碳排放，还支持环境保护，并带来显著的经济回报。以下是这种战略重要的关键原因：
1. 能源安全：减少对石油进口的依赖
中国是全球最大的石油进口国，每年花费约1.5万亿美元用于石油进口。这种依赖国际能源市场的情况使中国暴露于价格波动和地缘政治风险中。仅2022年，中国在石油进口上的年支出就约为1.5万亿美元，给国家财政带来压力。在冲突或海上封锁时期，关键石油供应可能被轻易中断，威胁国家稳定。通过转向国内可再生能源，特别是在戈壁沙漠开发的太阳能和风能，中国可以显著减少这种依赖，确保稳定的能源供应。
2. 成本效益：太阳能和风能与煤炭和石油相比
可再生能源成本逐渐低于传统化石燃料。在2022年，中国大规模太阳能发电的成本为每兆瓦时（MWh）20至30美元，而煤电成本为每MWh 60至70美元。在风力资源丰富的戈壁沙漠，风能成本也已低于石油发电。
目前，中国每年在煤炭和石油进口上的花费约为2000亿美元，加重了对化石燃料的依赖，并使经济暴露于更大风险之中。向可再生能源转型将有助于缓解这一经济负担，特别是在全球能源市场日益不稳定的情况下。
3. 宁夏的战略位置：可再生能源和人工智能的中心
靠近戈壁沙漠的宁夏有望成为可再生能源和人工智能的战略中心。这里靠近丰富的太阳能和风能资源，并具备优越的高铁连接，是管理和分配可再生能源的理想位置。该地区的工业基础也支持能源生产和AI驱动的能源管理系统。
宁夏-湖南特高压（UHV）输电线路的建设于2023年6月启动，该项目将可再生能源从中国西北的宁夏传输到中部的湖南省。这条长达1634公里的线路是中国国家计划的一部分，旨在利用沙漠地区的可再生资源实现清洁能源目标，通过将太阳能和风能从人烟稀少的地区输送到能源需求量大的城市中心，支持碳减排目标。项目完成后，预计每年可向湖南输送超过360亿千瓦时的电力 。
4. 经济增长、就业创造和GDP影响
对戈壁沙漠可再生能源的投资将创造1000到1200万个工作岗位，特别是在建设、运营和维护领域。这些工作将为城市和农村地区提供高薪机会。
就业创造：在未来十年，5万亿美元的投资将产生约2000万个直接和间接工作岗位，涵盖建设、运营、维护和研究。这些工作包括可再生能源系统安装、沙电池技术、电动汽车制造，以及运输、基础设施和供应链等支持行业。
GDP增长：每年在可再生能源基础设施上的1万亿美元投资将显著提升中国的GDP。在五年内，这些投资预计将为GDP增加约5万亿美元，由可再生能源部门的产出推动。
5. 环境可持续性：减少碳排放和沙尘暴
在戈壁沙漠的大规模可再生能源开发将极大减少中国的碳排放，帮助实现2060年碳中和的目标。此外，风力发电机可作为屏障，减少北方地区沙尘暴的频率和强度，目前这些沙尘暴带来重大损失和健康成本。通过减少这些风暴，中国每年可节省数十亿美元的损失和医疗费用。
6. 电动汽车：推动清洁能源需求
随着电动汽车（EV）市场的增长，电力需求将上升。EV比汽油车更加环保且经济，因为它们依赖于清洁能源而非化石燃料。通过对可再生能源基础设施的规模化投资，中国可以满足这一增长的需求，减少对石油的依赖，进一步支持碳减排目标。
大疆在无人机、人工智能（AI）和自主技术方面的专业能力可以改变卡车运输、采矿和农业行业：
1. 卡车运输：
• AI驱动的电动卡车提升安全性，优化路线，减少排放，并通过自动或远程控制实现全天候运行。
2. 采矿：
• 自主采矿设备提高安全性和效率。
• 无人机和传感器的实时监控改善资源管理。
• 采矿车辆电气化降低成本和排放。
3. 农业：
• 自主拖拉机和设备减少劳动力需求并提高精准度。
• AI传感器优化播种、灌溉和施肥。
• 无人机监测作物、管理虫害，并支持精准农业。
• 使用可再生能源驱动的设备降低运营成本并减少环境影响。
大疆的技术在这些行业中提升了安全性、生产力和可持续性。
3. 农业
• 自主农业机械：大疆的技术可以应用于拖拉机、收割机和喷洒设备，使其实现完全自主或远程控制，减少对人工的需求。
• 精准农业：AI支持的传感器可通过分析田间的实时数据优化播种、灌溉和施肥。
• 无人机整合：大疆的无人机可以与自主车辆协同工作，用于作物监测、病虫害防治和播种。
• 能源效率：由可再生能源驱动的电动农业设备可以降低运营成本并减少环境影响。
4. 大疆技术在这些行业中的总体优势
• 先进的传感器和AI：大疆的高精度传感器和机器学习算法可提升导航、避障和任务优化能力。
• 可扩展性：大疆的技术已具有可扩展性，从小型农场到大型采矿作业都适用。
• 物联网（IoT）整合：大疆的系统可以无缝集成至物联网网络，实现集中控制和数据分析，提升各行业的决策能力。
潜在成果
• 生产力提升：通过持续运行和数据驱动的效率改进，大幅提高生产力。
• 成本节约：通过电气化和自动化减少燃料、维护和人工成本。
• 可持续性：降低碳排放，提升各行业的资源利用效率。
大疆进入卡车运输、采矿和农业领域，不仅能多元化其业务组合，还能解决这些行业中的关键挑战，同时保持其在自主和远程控制技术方面的领先地位。
7. 沙电池：更安全、更可靠、更具成本效益的储能解决方案
沙电池通过热量存储能量，随后将其转化为电力或用于加热。一个典型的5000吨沙电池可存储约210万兆焦耳（MJ）的能量，非常适合在戈壁沙漠等沙资源丰富的地区进行长期存储。
与熔盐电池的比较：
• 安全性：沙电池比传统的锂电池或熔盐电池更安全，因为沙子不易燃且化学稳定。锂电池过热时可能起火，而沙电池即使在高温下也能保持稳定，降低了风险。
• 可靠性：沙电池非常耐用，可以反复使用而不会退化，确保长期可靠性。相比之下，熔盐电池容易腐蚀，增加了维护成本。
• 成本效益：沙子是一种丰富且廉价的资源，使沙电池的建造和维护成本比锂离子或熔盐电池低很多，适合大规模储能。
此外，沙电池技术通过加热沙子存储多余的能量，进一步增强了能源安全。美国国家可再生能源实验室（NREL）的研究人员正在开发这一新的热能存储技术，使用廉价的二氧化硅沙子作为介质。被称为ENDURING项目的这一系统，将风能或太阳能的多余电力用于超高温加热二氧化硅沙子。加热后的沙子储存在绝缘筒仓中，需要时可用来驱动涡轮发电。单个沙电池可存储高达26,000兆瓦时（MWh）的热能，系统可根据不同需求进行扩展。
ENDURING项目的研究人员马志文强调，使用二氧化硅沙子作为热存储介质是去碳化的重要一步。沙子具有高热保持和传导能力，是一种长时储能的优秀解决方案。沙电池系统不仅高度可靠、成本低、环保，还能减少对煤和天然气等化石燃料的依赖。
8. 国家安全：电动汽车和应急系统
使用可再生能源驱动的电动军用车辆和应急系统将带来战略优势。在石油短缺或海上封锁时，电动汽车可以确保军事和应急行动的持续性，提升国家安全。
9. 空气制水系统：农业用的可再生能源
可再生能源还可以为大气水发生器（AWG）供电，利用风能或太阳能从空气中凝结水分。这种清洁水可用于戈壁沙漠等干旱地区的灌溉，将荒地转变为肥沃的农业用地，提升粮食安全。
10. 中国作为净能源出口国
通过充分利用戈壁沙漠的可再生能源潜力，中国可以从全球最大的石油进口国转变为净能源出口国。太阳能和风电场生产的多余能源可以出售给邻国，增加收入，并增强中国作为清洁能源领导者的地缘政治影响力。
11. 5万亿美元的能源生产投资
通过5万亿美元的投资，中国可以在未来十年新增约4000吉瓦（GW）的太阳能和风能发电能力。每年将生产约8万太瓦时（TWh）的清洁电力。按每MWh 60美元的全球电价计算，这将每年带来约4800亿美元的能源出口收入。加上减少化石燃料进口的节省，这一投资将进一步提升中国的经济地位。
12. 满足中国的全部能源需求
5万亿美元的投资将使中国满足100%的能源需求。目前，中国的总能源消耗约为6000太瓦时。通过增加8万TWh的可再生能源，中国将完全摆脱对化石燃料的依赖。这样将每年节省约1.5万亿美元的石油进口费用，而剩余的可再生能源还可以出口，带来额外收入。
This white man has deep malice towards China! On the surface, he is just talking about data graphs! In essence, he is telling the West! The troubles encountered by Western countries are caused by China! For example, economic depression, rising unemployment rate, and lower income... are all caused by China! Now this bald white man is famous in China. All Chinese people know that this person is a clown! A provocateur!
BUT.... You know what will happen next?
Weather patterns change over the Gobi desert.
Then, the next year, when uSA has increasingly bad weather, they blame "The Chinese"
老兄， 你有缩短版本吗😂？
BYD Shark 😍
Emerging countries buying EVs from China, must have the necessary electrical EV infrastructure for the growth in sales of Chinese EVs to be substainable.
That will also be provided by China.
Don't you know that China is world-leading in hydropower, solar power, wind power generation, ultra-high voltage transmission technology and energy storage batteries?
Everywhere I look in Indonesia its all Chinese car now. Who doesnt has electrical EV infrastructure? Oh wait maybe in Europe and North America the so call G7 most developed region in the world?
These are staggering figures - thanks for the report.
Wow, sobering insight . Thank you great report
Great report
Some of us see all this and have a hard time understanding how easily the political and business elite of the entire west went sleeping some 2 decades ago.
1 or 2 more decades of this negligence and many of us in the west will be poor, if not most. It has already started.
Their racism can't conceive of the Global South countries and people being able to make progress without the west providing leadership and resources. The arrogance of the west is off the charts.
I dont think Americans will be poor but Europeans are a different story.
@@marcusclarkson5520 Most Americans are already "poor" and for most, the American dream is over. The system ensured that.
@@marcusclarkson5520
Are you sure? With the government in $35 Trillion debt and rising fast, with States in massive debt, with population in massive debt (mortgage, auto loans, credit card debt), all while dollar is losing it's value globally due to BRICS.
This time there is no easy rebound because there is no more money. At this point, more loans or printing more money will only make inflation skyrocket.
i will not explain myself because i experienced whenever i say in a video something like that bad about China and good about the US people generally lynch me. That doesnt mean im not talking truth. Ofc Americans are poor they cant afford a car American dream has ended bla bla bla. Everybody talks about statics by their ideology so. An economy about 30T dollars and with many huge high-tec companies is/will be poor? Its like inflation is not declining in the states. And yeah brics :) brics will destroy the US economy yeeeeeaahhhh letsss gooooo
China makes better Eletronic for less, so people want cut overpriced buys.
China uses robots to make things.
Thanks Kevin
Im glad I found your channel, very useful and straight forward information.
As a romanian born, having leaved and worked in the US, and Middle East, I am happy we left america, and have no problem to educate the children out of the US and work world wide.
China is unstoppable 😮
i love your work mate, keep it up.
What Three cities would you recommend first time visitors to China to visit, and what is interesting about them to see and/or do?
Beijing in the far north, for its many historical attractions that only a capital city has. Shanghai on the coast for its attractions that only the biggest & leading commercial city has. Chengdu in the far west for its very different "chill" ambiance, relaxed people, and close access to nature, pandas, shangri-la, and fascinating tibet.
I'd add a 4th city. Urumqui in Xinjiang, and the surrounding area in the far northwest, to see a most picturesque and unique part of the world plus see with your own eyes whether the US-led western narrative is true (it's not). I live in Singapore and Xinjiang is a tourist destination with daily flights. Explore the city, culture, and go stay out in a rural yurt for tourists with the locals.
From what I’ve seen, people who rise to the top of large organizations/institutions, be it government, corporate, or even altruistic charities & religions are almost universally Machiavellian. Generally they are good at presenting an image to those around them as team players, but when promotional opportunities arise they use all the dirty backstabbing tricks in the book to win.
This type of mentality/morality is still self serving when they reach the top. It is no surprise they will sell out the company’s future with inappropriate stock buybacks and cost cutting that sacrifices the company’s future in order to justify huge bonuses for themselves.
Let the western world keep trying to out do each other in raising tariffs and sanctions. a win-win for the whole world.
Another brilliant synopsis Kevin.
Blessings from Australia....❤
Why has the west stopped publishing night lights map? 2025 a good time for any of the brics nations to do so?
Relax, folks. Relax, just like the person in the background: walk your dog along the seashore. Life just goes on.
Yes, but be aware.❤
😂😂😂 as long as you have money, relax.