China Economy: News & Discussion

[Azaad]

https://www.business-standard.com/india-news/indian-embassy-in-china-holds-meeting-with-students-hit-by-covid-visa-bans-124050500231_1.html

Indian students down to 10,000 now from 23,000 in the pre Wuhan virus pandemic era.

 

[Azaad]

Great helmsman 2.0 on his first European visit in 5 years including France among calls by President Macron to see Chinese gameplan for what it is vis a vis Chinese economic policies with respect to the EU.

Should be great fun to see how does the EU investigations into Chinese products across various sectors like EV , Solar panels , wind turbines , etc proceed , with China expecting Germany to impede these investigations.

 

[SexyChineseLady]

Great helmsman 2.0 on his first European visit in 5 years including France among calls by President Macron to see Chinese gameplan for what it is vis a vis Chinese economic policies with respect to the EU.

Should be great fun to see how does the EU investigations into Chinese products across various sectors like EV , Solar panels , wind turbines , etc proceed , with China expecting Germany to impede these investigations.

Even with the onslaught from BYD and other Chinese EV companies, Germany sells far more cars in China in 2023 than Chinese firms can ever hope to sell in Europe -- it is doubtful the Germans would want to trade access to China to keep Chinese companies out of the EU

 

[SexyChineseLady]

Very rare that Whites ever need to discuss a war in Europe with an Asian nation, this must be the first time

 

[SexyChineseLady]

This French Prime Minister Attal looks very young and cute!

 

[Azaad]

Very rare that Whites ever need to discuss a war in Europe with an Asian nation, this must be the first time

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However great helmsman 2.0 should continue supporting Russia through all means possible while paying lip service to the gwailou Europeans .


Btw Japan was allied with US , UK & France in WW-1 & with Germany & Italy in WW-2 & this pertained mostly to the war in Europe. This was when China was undergoing the century of humiliation.

So much for your mistaken smug self satisfaction , Zhongguo wasn't the first Asian country to be thus consulted nor would it be the last.

 

[Azaad]

Even with the onslaught from BYD and other Chinese EV companies, Germany sells far more cars in China in 2023 than Chinese firms can ever hope to sell in Europe -- it is doubtful the Germans would want to trade access to China to keep Chinese companies out of the EU

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This is the classic 温水煮青蛙策略 . But Germany has little choice. We wish Zhongguo all the best in their endeavours to pauperise EU by targeting these nations one by one . May Zhongguo & the EU cancel each other out & then may Zhongguo & the US cancel each other out .

 

[SexyChineseLady]

This is the classic 温水煮青蛙策略 . But Germany has little choice. We wish Zhongguo all the best in their endeavours to pauperise EU by targeting these nations one by one . May Zhongguo & the EU cancel each other out & then may Zhongguo & the US cancel each other out .

It didn't pauperised China when Germany (and France and US and Italy and Japan and South Korea) sold millions upon millions of high-priced models in the Chinese market

Apple and Tesla are selling more of their expensive products in China today than in any other export market and China is not being pauperised

You are buying into the White Man's paranoia or conceit

 

[Azaad]

It didn't pauperised China when Germany (and France and US and Italy and Japan and South Korea) sold millions upon millions of high-priced models in the Chinese market

Apple and Tesla are selling more of their expensive products in China today than in any other export market and China is not being pauperised

You are buying into the White Man's paranoia or conceit

Pls inform us as to what kind of indigenous automobile industry did Zhongguo have in the 4 wheeler segment 30 or even 20 years ago to take on giants of the EU .

As far as automobiles go it's one of the most important sectors contributing much to their GDP & exports. As it is given the war in Ukraine German economy is on the verge of recession if not already in recession.

This is precisely the reason chemical giant like BASF made massive investments in Zhongguo recently to set up greenfield plants spending billions of Euros in the bargain. To make matters worse the US is giving massive subsidies to European manufacturers to get them to invest in mfg in the US.

If all this isn't bad enough the Chinese are now giving the Germans grief with the influx of heavily subsidized Chinese EVs courtesy CCP into the EU & Germany.

Both Apple & Tesla are rapidly losing market share to Huawei & BYD among other Chinese EV OEMs respectively.

All in all it's a win win situation for Zhongguo. You must do to the gwailou what the gwailou did to you during the century of humiliation.

 

[Azaad]

China is now engaged in open hybrid warfare against the West

Beijing has already made its first strike in the new cold war. We must be ready to respond

www.telegraph.co.uk

Well done CCP & Zhongguo . The avenging of the century of humiliation seems well on track. Avenging the 75 + years of humiliation under the CCP by the Han slaves should soon follow.

 

[Badman]

It didn't pauperised China when Germany (and France and US and Italy and Japan and South Korea) sold millions upon millions of high-priced models in the Chinese market

Apple and Tesla are selling more of their expensive products in China today than in any other export market and China is not being pauperised

You are buying into the White Man's paranoia or conceit

Hello ji sab khariyat. Bahut dino baad mulakaat Hui apse.

 

[MiG-29SMT]

"Last year, 25% of all vehicles sold in Mexico were sourced in China," Farley said. "The world is changing.

Ford, GM CEOs open to partnerships to compete with China

https://www.reuters.com/business/autos-transportation/ford-ceo-open-working-with-rivals-compete-with-china-2024-02-15/

New car sales in Mexico 2023: figures for all brands
As had been forecast for months, new car sales in Mexico exceeded 1.3 million units throughout 2023.

Puesto	Marca	2023	2022	Diferencia
1	Nissan	241,056	168,940	42.70%
2	General Motors	184,051	165,117	11.50%
3	Grupo Volkswagen	149,936	109,136	37.40%
4	Toyota	104,113	96,387	8.00%
5	Stellantis	96,795	74,417	30.10%
6	KIA	93,490	89,140	4.90%
7	Mazda	76,017	48,275	57.50%
8	MG Motor	60,128	48,112	25.00%
9	Hyundai	49,757	41,357	20.30%
10	Ford4	47,968	41,357	16.00%
11	Renault	43,779	36,598	19.60%
12	Chirey.5	38,484	8,670	343.90%
13	Honda	37,791	39,095	-3.30%
14	Suzuki	37,372	40,366	-7.40%
15	JAC	21,067	16,357	28.80%
16	Mitsubishi	19,183	19,622	-2.20%
17	BMW Group	17,703	16,139	9.70%
18	Mercedes Benz	14,386	15,515	-7.30%
19	Motornation	9,650	6,314	52.80%
20	Volvo	5,326	4,043	31.70%
21	Subaru	4,001	2,258	77.20%
22	Lexs	2,681	1,700	57.70%
23	Land Rover	1,763	1,083	62.80%
24	Isuzu	1,468	1,585	-7.40%
25	Lincoln	1,274	1,333	-4.40%
26	Acura	1,120	865	29.50%
27	Infiniti	988	847	16.60%
28	Jaguar	86	100	-14.00%

Car sales in Mexico: Top 10 brands
By brand groups, Nissan, as usual, took first place with 17.7% market share. General Motors and Volkswagen Group were below, with a market share of 13.5% and 11%, respectively.

In fourth place was Toyota, with 7.6%, while Stellantis was in fifth position with 7.1%. Kia, which does not sell commercial vehicles, was in sixth place, having a market share of 6.9%.

Mazda, one of the brands that grew the most in 2023, consolidated its position in seventh place by having 5.6% of total sales. Below were MG, Hyundai and Ford, with 4.4%, 3.7% and 3.5%.

Ventas de autos nuevos en México 2023: cifras de todas las marcas

Como se había pronosticado desde hace meses, las ventas de autos nuevos en México superaron las 1.3 millones de unidades a lo largo de 2023.

mexico.as.com

 

[Azaad]

Puesto	Marca	2023	2022	Diferencia
1	Nissan	241,056	168,940	42.70%
2	General Motors	184,051	165,117	11.50%
3	Grupo Volkswagen	149,936	109,136	37.40%
4	Toyota	104,113	96,387	8.00%
5	Stellantis	96,795	74,417	30.10%
6	KIA	93,490	89,140	4.90%
7	Mazda	76,017	48,275	57.50%
8	MG Motor	60,128	48,112	25.00%
9	Hyundai	49,757	41,357	20.30%
10	Ford4	47,968	41,357	16.00%
11	Renault	43,779	36,598	19.60%
12	Chirey.5	38,484	8,670	343.90%
13	Honda	37,791	39,095	-3.30%
14	Suzuki	37,372	40,366	-7.40%
15	JAC	21,067	16,357	28.80%
16	Mitsubishi	19,183	19,622	-2.20%
17	BMW Group	17,703	16,139	9.70%
18	Mercedes Benz	14,386	15,515	-7.30%
19	Motornation	9,650	6,314	52.80%
20	Volvo	5,326	4,043	31.70%
21	Subaru	4,001	2,258	77.20%
22	Lexs	2,681	1,700	57.70%
23	Land Rover	1,763	1,083	62.80%
24	Isuzu	1,468	1,585	-7.40%
25	Lincoln	1,274	1,333	-4.40%
26	Acura	1,120	865	29.50%
27	Infiniti	988	847	16.60%
28	Jaguar	86	100	-14.00%

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• Etiquetado en:
• Autos
• México

Huh ?! What's this ? I don't see many Chinese brands in the nearly 25% of all cars sold in Mexico which was exported to Mexico from China except MG Motors , Chirey 5 as claimed by the Wumaos here . How come ?

The wumaos here have been claiming throughout the past 1 year that Chinese made automobiles are killing competition where ever they go especially in the EV sector.

 

[MiG-29SMT]

Huh ?! What's this ? I don't see a single Chinese brand in the nearly 25% exported to Mexico from China. How come ? The wumaos here have been claiming throughout the past 1 year that Chinese made automobiles are killing competition where ever they go especially in the EV sector.

But we cannot ignore the fact that brands such as Ford, BMW and General Motors turn to their strategic partners in China for the manufacturing of many of their models that are sold in our market, such as Territory, in the case of the company. blue oval, iX3 in the case of BMW, and a long list from GM, which includes the Aveo, Captiva, Cavalier, Groove, Onix, the S10 Max, Tronado Van and the Buick Envision itself.

One button is enough for a sample. According to figures published by INEGI, in 2023, 273,592 “Made in China” units were sold in our market, which represented 20.09% of the total sales recorded in Mexico last year. In other words, this means that one in every five light cars sold in Mexico, in 2023, was of Chinese origin.

Uno de cada cinco autos vendidos en México ya es de origen chino, y su momento apenas comienza

Conforme pasa el tiempo, los vehículos hechos en China van ganando terreno en nuestro territorio, y si en 2023 llegaron varias marcas provenientes del gigante...

www.motorpasion.com.mx

He is quoting sources but he i forgeting most cars sold in Mexico are Japanese brands,None Chinese brands also bring cars from China.


India was ranked as the second largest automobile supplier to Mexico in 2018, only surpassed by the United States.

Unlike other competitors, such as Germany, Japan and Canada, who do not pay tariffs for exporting their cars to Mexico, India requires paying a 20% tariff rate for these same sales.

https://www.eleconomista.com.mx/empresas/India-conquista-el-mercado-mexicano-de-autos-20190809-0001.html

however The mexican critics about Chinese cars were about Chinese brands

 

[Azaad]

The tragedy of the Han slaves made worse by CCP exploitation. This is the reason I keep reminding the Chinese here their century of humiliation hasn't ended. In fact it's 175+ years of slavery, first to outsiders then to their own.

What an absolute tragedy & shame for the Chinese people?!

 

[MiG-29SMT]

Huh ?! What's this ? I don't see many Chinese brands in the nearly 25% of all cars sold in Mexico which was exported to Mexico from China except MG Motors , Chirey 5 as claimed by the Wumaos here . How come ?

The wumaos here have been claiming throughout the past 1 year that Chinese made automobiles are killing competition where ever they go especially in the EV sector.

#Cars from #China are arriving strongly in the Mexican market, increasing the range of options that consumers have to buy a new car. However, although this encourages competition and that is a good thing, other problems have also arisen that are not immediately obvious when buying a Chinese car. Therefore, in this video, I tell you 8 reasons why you should not buy a car from this country, so that you avoid problems.

he says n#1 is safety or lack of safety, he says most Chinese brands sell cheap cars but do not have the safety features of German or Japanese cars

Number 2 he says lower quality but sometimes higher price since they are imported

reason 3 low price as second hand product

reason 5 says reliability that car on fire is not in China but Mexico

reason 7 he says lack of spare parts, and he also mentions as I have seen in China they try to do not fulfill their obligations basically guarantee is useless and even with complaings few recalls of cars so in few words he says imported Chinese brands are crap and in Mexico most people buy German or Japanese brands




.https://www.youtube.com/watch?v=--_wC8ce4mg&t=1s

 

[MiG-29SMT]

Even with the onslaught from BYD and other Chinese EV companies, Germany sells far more cars in China in 2023 than Chinese firms can ever hope to sell in Europe -- it is doubtful the Germans would want to trade access to China to keep Chinese companies out of the EU

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MG ZS year 2023 cars have manufacture defects in the braking system detected in Mexico

Chirey Tiggo 7 on fire Culiacan Mexico due to defects of manufacture
The woman says my savings where i have seen it?

 

[MiG-29SMT]

This is a story of what happened to a server with the purchase of a #Chirey #tiggo #7pro 2023 model truck, which was delivered to me on February 3 of this year, at the Chirey #Villahermosa Agency, which belongs to the GROUP #CRUCES, 27 days after purchasing it, it had failures in some parts of its equipment, the multimedia screen did not work, in addition to the air conditioning system, I have service orders on a total of four occasions, the last time they delivered the truck to me was April 21st.

One day before this delivery was made to me, on April 20, we had a talk, yours truly, the service manager C. Enrique and the general manager C. Sergio, agreed that they were going to put a piece of another similar unit that supposedly caused the failure, since the part would take two months to arrive from China, the part was changed and tests were carried out to find out if this would solve the problem, informing me in the afternoon of that same day that it was indeed compatible and they would get it, C. Enrique called me on the phone and told me, tomorrow I will deliver the truck to you at 5 p.m., following his instructions I picked up the vehicle at the agreed time, I received it, took it to my home and put it away, It did not fail me on the way to my home, however on April 23 when I wanted to use it, the same problem occurred again with no function of the instrument screen or the air conditioning, the deprogrammed date appears, I recorded a video again to have evidence that the same problem continued and I sent it to C Enrique, head of service, taking it for the fourth time with the same failure on Monday, April 24, hoping that we would have an agreement to solve the problem definitively and that the agency could provide me with a vehicle to so that my family could move. It was agreed between C. Enrique and C. Sergio to inspect and repair the vehicle and that they would provide me with a vehicle while the unit was being repaired. They agreed to notify me on April 25 at 12 P.M. They called me to inform me that they were already working on the truck and that THEY COULD NOT LOAN ME ANY VEHICLE, that they did not authorize my request.

Therefore I went to #PROFECO on April 26, there they gave me an explanation, in that instance, they could only get the truck repaired, it was not possible for them to change the vehicle or return the advance payment and If you stopped paying the financial company, those agreements could not be reached in that office, and for that you would have to go to court and hire a lawyer.

Seeing that it is very difficult to solve my problem, I went to a media outlet in the City of Villahermosa, the newspaper “Tabasco Hoy” and published the details of this situation, which many buyers go through. At the end of this text I will put the announcement that publish and also a video explaining the vehicle failure.

IN CONCLUSION: Be very careful when buying a vehicle, new brands do not have spare parts, they can bring factory defects that are unknown and will cause us a big problem like the present one. Be very careful with the agencies in this case, it belongs to GRUPO CRUCES, they treat you very well before the sale, but once it is achieved, if you have any problem you receive terrible attention, they already know well what they have to do, if any vehicle has a fault, the client will complain, we will receive the vehicle, if it is not resolved, they already know that you will go to PROFECO and you will not achieve anything, you will have to wait the time they give you to get the part, THEY WILL NOT PROVIDE YOU WITH A VEHICLE TO MOVE, in addition to knowing that very few will go to a court to complete the process, due to the waiting time, loss of time and money, however I will follow that procedure.

WARN THEM TO BE VERY CAREFUL WITH THESE AGENCIES, THE CHIREY BRAND HAS ALREADY VERIFIED THAT IT IS NOT RELIABLE, BUT THE ATTENTION OF THE AGENCY'S PEOPLE IS LESS RELIABLE, THEY ARE PREPARED FOR ALL THESE SITUATIONS AND THEY KNOW THAT YOU HAVE TO LOSE, IF THEY BUY A VEHICLE OF ANY BRAND, MAKE SURE THAT THE CONTRACT SPECIFIES, IF THEY HAVE A MANUFACTURER FAILURE IN ADDITION TO COMPLYING WITH THE WARRANTY, IT IS SPECIFIED THAT THEY ARE COMMITTED TO PROVIDE YOU WITH A VEHICLE UNTIL THEY REPAIR YOURS, THE TRUCK I PURCHASED IS 3 MONTHS OLD AND I HAVE ONLY USED IT FOR 20 DAYS.
BE VERY CAREFUL WITH THE CRUCES GROUP AGENCIES, IN MY CASE EVEN THOUGH I HAVE REQUESTED THEM ON SEVERAL OCCASIONS, THEY HAVE NOT PROVIDED ME A VEHICLE TO MOBILIZE ME, THEY ONLY DEIGNED TO ANSWER MY WRITINGS BY EMAIL ON MAY 2, WHERE THEY ONLY APOLOGIZE, THEY DON'T PROVIDE ME WITH A DELIVERY DATE AND THEY TELL ME AGAIN THAT THEY WILL NOT GIVE ME A LOAN VEHICLE WHILE THEY DELIVERY ME MINE.

since spare parts are lacking chinese cars end in Mexico like this since insurance companies simple refund the money.

 

[SexyChineseLady]

[

The tragedy of the Han slaves made worse by CCP exploitation. This is the reason I keep reminding the Chinese here their century of humiliation hasn't ended. In fact it's 175+ years of slavery, first to outsiders then to their own.

What an absolute tragedy & shame for the Chinese people?!

You can make up all kinds of stuff but you cannot make up money

You either have money or you don't

Chinese people have money

The people you called "slaves" in China buy more Mercedes and BMWs than Europe and more than twice as many as the biggest and wealthiest economy in the West !

Sour grapes is not very becoming

 

[rockdog]

Even with the onslaught from BYD and other Chinese EV companies, Germany sells far more cars in China in 2023 than Chinese firms can ever hope to sell in Europe -- it is doubtful the Germans would want to trade access to China to keep Chinese companies out of the EU

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Xiaomi SU7 got 15K orders in 5 days holiday from 1st to 5th May. More than half of orders from young ladies. 45k USD is not that cheap.

Enjoy @SexyChineseLady