@@LanNguyen-vd4zt I believe China has a different economic model based on long-term plans. And that this means for that to work they need to have redundancy in the economy in order to absorb short-term up and down swings. Totally different than the Western model!
@@Anders01 I have to give it to them that their solar technology and production is top notch and is 1 generation ahead of the rest of the world. The EV is 1 generation behind Tesla, and are having consumer watering with their many news options and pricing. The pricing is a big advantage because most of their EV companies are vertical due to the many supply chains they have built up being the hub of manufacturing over the years. The same thing with EV battery production process. Their battery will have competition soon because the west is starting to produce solid state battery and will give these lithium ion battery a run for their money. But to said that their technology is top notch, when they cant even make 90nm and below on semiconductor chip by themselves . You might said, wait a minutes Huawei is making 7nm chips, but that is with all of foreign machineries and supply chains And workers and engineers. They are not technological advance as you think.
@@LanNguyen-vd4zt I haven't checked the EVs in detail, but the Chinese EVs seem very impressive! And Huawei's upcoming Mate 70 phones may have a 5nm chip, but we will see.
@@Anders01 5nm at what cost and-low yield. The production cost is 3 X more, yield is less that 37% compared to TSMC yielding 92% and Intel who yield at 89%. They are doing now just to give the finger to the U.S. it is not economically feasible. They are using a process called double stacking with the DUV lithography machine from ASML. I wonder what going to happen when these machine break down.
Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the pre-pandemic level in 2019. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol Where does the growth come from?
I believe China's tech progress is absolutely massive! Sure, there may be some economic bumps in the road, but watch out for Made in China 2025.
Then you know nothing about economy
@@LanNguyen-vd4zt I believe China has a different economic model based on long-term plans. And that this means for that to work they need to have redundancy in the economy in order to absorb short-term up and down swings. Totally different than the Western model!
@@Anders01 I have to give it to them that their solar technology and production is top notch and is 1 generation ahead of the rest of the world. The EV is 1 generation behind Tesla, and are having consumer watering with their many news options and pricing. The pricing is a big advantage because most of their EV companies are vertical due to the many supply chains they have built up being the hub of manufacturing over the years. The same thing with EV battery production process. Their battery will have competition soon because the west is starting to produce solid state battery and will give these lithium ion battery a run for their money. But to said that their technology is top notch, when they cant even make 90nm and below on semiconductor chip by themselves . You might said, wait a minutes Huawei is making 7nm chips, but that is with all of foreign machineries and supply chains And workers and engineers. They are not technological advance as you think.
@@LanNguyen-vd4zt I haven't checked the EVs in detail, but the Chinese EVs seem very impressive! And Huawei's upcoming Mate 70 phones may have a 5nm chip, but we will see.
@@Anders01 5nm at what cost and-low yield. The production cost is 3 X more, yield is less that 37% compared to TSMC yielding 92% and Intel who yield at 89%. They are doing now just to give the finger to the U.S. it is not economically feasible. They are using a process called double stacking with the DUV lithography machine from ASML. I wonder what going to happen when these machine break down.
WATERS
Let's hope DJI will be 3% lower today. Vix will rise to 30.
as commentators, most know nothing about China except that xiaolin chen.
Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing.
- Exports and imports, accounting for 37% GDP, are down.
- Foreign investment (FDI) is falling over 90%, lowest in 3 decades.
- Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
- Consumer prices are experiencing deflation.
- Youth unemployment hits over 21%, a record.
- Its fast-shrinking workforce is 10 years older than neighboring countries.
*Still, China keeps reporting outrageous GDP numbers.* Lol
Where does the growth come from?
@@ArabicReja973 government spending just as the US did
@@Yan-ox8siBut the U.S doesn’t have a 4, 5,6% GDP.