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We'll look at an expensive luxury item -- BMW cars ;) Sales in 2023: China: 824,932 US + Canada: 362,244 India: 13,303

This is a game changer. From Japanese auto watcher :) "Game Over"

Though it is for railguns and catapults too, electromagnetism is actually more important for commercial applications than military. This will be a new economic sector like batteries and EV :)

LOL. In 2022: In 2024:

Huawei will make $700M from licensing its patents this year: https://www.fierce-network.com/wireless/op-ed-us-sanctions-against-huawei-keep-backfiring-enough-already Historically, Huawei, the world’s largest producer of telecom equipment, eschewed the idea of using its vast patent portfolio...

This is good for both countries :)

High school girls in China do like pants ;)

Chinese firms do not have a choice in India :( Indian government had crushed FDI from China so in 2024 it is down about 90% from 2021 and there are now less than 300 large and medium sized Chinese firms in India compared to 1000 before 2021. The trend is rapidly going even further downward...

Even a small ten person business is all roboticized in China:

Top auto exporters from China in first quarter 2024: 1. Chery 2. MG 3. BYD 4. Tesla 5. Geely 6. ChangAn 7. Haval 8. Baojun 9. Jetour 10. Kia Kia is interesting because its presence in China's domestic market is small unlike Tesla (the other top foreign exporter.) So China is mostly an...

Turkey in advanced talks with BYD, Chery for local factories -- also talks with MG and GWM too!

The most valuable Liquor Brand in the world! Most valuable liquor brand in the World

With airliners industry comes the civilian turbofans! CJ1000A: CJ2000: C929 will use CJ2000!

COMAC's C939 will seat up to 400 passengers! COMAC's lineup! ARJ-21: 70 - 105 passengers C919: 150 - 190 C929: 250 - 290 C939: 400

We are watching an civilian aircraft industry being built out in front of eyes. This is like Airbus in 1981 :) ARJ-21, C919c C929, C939: The C919 today is like A320 in 1981: In June, 1981, at the Paris Air Show, Air France gave the A320 programme a huge boost by declaring its intention...

A very healthy, growing and complete semicon eco-system :D Equipment: Fabrication: Product:

C939 after C919 and upcoming C929!

Maybe 10M people are doing "yoga" but something like 300M spend more time playing basketball ;) There is very little Buddhist teaching in every day Chinese/East Asian life. The East Asian economic model is based on shared Confucian values -- no one ever talked about Buddhist ones ;) This is...

I think India owed China far more for tea. There is really no monetary value or overall good in the export of religious thoughts like buddhism. In fact, that stuff more often and not takes away wealth and well-being in the form of strife, war and ruin. China gave the world silk, paper...

Unless you are doing special Indian flavor of economics, this the business equation ;) profit = revenue - expenditure Always has been this way :)