The New "Made in China"
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- Опубликовано: 14 июн 2024
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China's push for an electric world.
Twitter: / h0serr
Business Email: h0sermailYT@gmail.com
Sources: pastebin.com/MtGTspTi
0:00 A story about electric vehicles
2:19 China's plan (manufacturing)
8:42 China's new plan (finance)
15:07 Why don't they consume!?
21:45 Ground News
23:20 China's new, new plan
29:49 Trade tensions
35:17 Party struggles
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New vid is great❤
0:46 isn't that info already outdated? I heard that they lost the status to Tesla again a couple of days ago
Can you consider doing a video on the economy of Japan? I find their monetary policy interesting but I don't really understand why they do it
Since they're facing similar problems to China, but trying to boost consumption through negative rates and stimulus to do it the last few decades. It would make a good complement to this video
질린다 질려..이제 붕괴가 아니라 침체로 바꼈냐? 침체도 안하면 또 뭘로바꾸게?현상유지?
you talk about this, but so many chineese live in squalor. Lack of infrastructure like plumbing and even fake fire hydrants.
buddy remembered that he has rent and bills
😂😂😂 gotta slurp those moolah
🗿
Tbf 3 weeks between 30-45 minute uploads isn't bad.
@@highbread817 for this type of content, yeah, and the video is totally edited
@@highbread817definitely, I trust he does his proper research
It's unbelievable how many times housing speculation has led to economic collapse and yet STILL humankind does not learn from their mistakes.
its just pure captalism, housing is a marcked that is need but we doens´t necessarily need to survive like food, you will live a very shit life without a hose, but you may not die. It basicaly allow to hight speculation prices due the interests of the macket. A lot of contrys are just like this, just look the price of the squere meter on france, portugal, USA and Brazi, the brazil one counts more for the states captals that are usually bigger citys, (im brasilian)
not an accident
It's because everytime it collapse the economy the people who made the stupid decisions get bailed out, so from their perspective, it's risk free profit,
Georgism is an idea we should implement
Land is a finite resource, so in normal economic conditions (country where population or wealth are growing), land value can only go up. So it is a pretty good investment vehicle.
China is such a paradox. They created an economic miracle that brought a nation of a billion people out of poverty but, it’s like they just went too fast and didn’t ever build the consumer habits of a developed country. They have a population that produces like developed nation but spends like a non developed one, which IRONICALLY leads them to becoming a less developed nation because their homegrown businesses can’t become as successful as European or American companies that have great domestic economies to support their global expansion down the line. Combine that with their less than stellar reputation internationally and you have the worlds biggest almost super power that is going to spend decades implementing policies to make the jump that likely will just lead to them going backwards or treading water. Going to be quite the story over our lifetimes.
Couldn’t have said it any better myself, dazy Patrick
That economic miracle are foreign companies investing in china. The same companies which are now not investing anymore.
China did not elevate anybody out of poverty.
They just made it illegal to talk about it.
The recent deceased prime minister even publicly aknowled the extreme poor earnings of the avarage chinese, which made him a big enemy of the CCP.
I assume you mean out of poverty in general terms, as poverty is still a major social issue in China today.
Why would a socialist country care about developing "consumer habits"
Their objectives are different. Unlike the west they think speculation and property only leads to wealth inequality. That is why they have pricked asset price bubbles. They favour manufacturing over financial engineering. As for homegrown companies, they have proven very nimble. Huawei just made record profits and their EV's are starting to appear everywhere. That copycat thing was said of Japanese companies in the seventies that they will not amount to anything. China's reputation isn't that bad, not perfect but better than the US in many parts of the developing world because they are consistent and not preachy.
Wow, a geopolitics RUclipsr that isn't making a video on the potential downfall of China, a rarety
its because he already did that 💀💀💀
@@thetinyfishygaming5720he isn't Gordon Cheng 😭
wdym, clearly from all those videos its clear china will collapse in 30 minutes
China is already on the downfall, if they can’t get young workers to the country it will literally fail.
Yea we been told it will coll'apse for like the last 30 plus years it's just bs
I think one of the most underrated things about these videos are that every country is their national animal (or most popular animal I'm pretty sure)
🐃
It's its special charm because most geography channels use country balls or just plain flags
🦁🦁🦁
@@arthurvanrodds2772 tired of countryballs tbh, the animals are very original and cool
The US's national animal is a bull?
Chinese here. A somewhat personal account on why we don't consume.
When you plant rice, for every grain you don't eat, you can replant them to grow more for next year. Famine is always around the corner, so you SAVE. The more grain stock, the safer.
That's smart
China, and Japan, really know how to not waste anything.
Maybe we should all be negotiating de-escalation
only the chinese goverment is spending like crazy and there depth is increasing fast.
@@briondalion3696De-escalation? Are you scared of China?
@@CMitchell808 why aren't you
as chinese, I actually dont know why people in media are so stressed by the population decline. we (that is zoomer in china) almost all see it as a good thing. Its a hell to living in an overpopulated country. and the next generation may not need to live like that, it is stressful and competitative, makes you feel insignificant. maybe they can finally living like proper people. and I think it is a perfect timing for population decline now that is at the dawn of AI and robotic automation. the industry 20 years later will not need 1 billion workers.
the problem is less workers to pay for older people retiring, meaning higher taxes, worse pensions, or a higher retirement age.
@@java_siege_ assuming 20 years later due to advancement in automation we have productive force that can produce same amount of if not more goods with far less worker but cannot distribute it to elder people because there are less people to pay for it, I consider it more a failling of distribution system, social economical or otherwise.
at certain point, I think we need to just accept that the system as it is based on assumption that there will always be more work needed to be done than that is avaliable will be simply unsustainable as it will be immaterial.
For past decades china had been ramping up production more and more, but ironically our demand had been shrinking in past years. we are already producing more than we can consume yet we cant even afford lots of things we produce, to the degree that china has to keep finding oversea buyers to buy those massive amount of surplus goods just so our workers can afford basic needs.
we are making all the washing machines and air conditioners to the entire world yet still 1/3 of chinese households cannot afford washing machines or air conditioners.The system stopped making sense to me at the point.
@@java_siege_
There are no retirement benefits in China the last time I heard…
I think the retirees would have to perhaps fend for themselves.
@1mol831 In China a few decades ago, if you were born in a city or into an official family, you could easily get a good job and receive a high pension after retirement. However, if you were born in a rural area , or civilian families, it is difficult to get a decent job, and the pension after retirement is pitiful. The gap between rich and poor among the elderly is quite huge, and it all depends more on your origins than your efforts.
@@1mol831 thats not true. china uses both the monthly allowance type of retirement benefit that is government distributed universial allowance, and the saving account type as part of 五险一金 program. My parents are receiving it.
the later depends on how much one contributed in their life time. the prior depends on the job and location and theres a minimal national standard which is very low about 300 yuan/month which is not liveable. but in rich cities like beijing and shanghai the municipal minimal standard is high enough to support bare minimal living.
but there are other benefits, like public transport is usually free for elders, and community centers usually have free or heavily subsidized or supported by donation cafeterias for elder that is very cheap (like 5 yuan less than 1 dollar buffet).
the biggest expense is always medical. I would say at current standard if one is not sick survival in china for elder is usually not a problem. but because our free health care was terminated by deng in 90s, and we have a fully market oriented healthcare at this point, illness can strike a severe blow to financial situation. the public hospitals are very reasonably priced but they are always understaffed because more and more doctors are drawn to private hospitals that are willing to pay more wage. but they are expensive, 10x more expensive than public hospitals.
Bro the little animal doodles with different country’s flags on them are actually pretty cool. You should sell stickers of them.
He had Mexico as an Axolotl
I think it's usually the national animal or bird of respective nation.
Make them in China. 🇨🇳
Double your social credit and give it to a next person💀
-200000 to -400000
-200000 to -800000
-800000 to -1600000
The social credit is more like a credit score than what all those memes make it out to be
Nobody is buying it, china shill
I cannot stop getting ads for BYD cars as a jamaican
Exploding batteries…
@@mq5731 🤫🤫🤫
American here, Id rather die in a battery fire than shift with a touchscreen like in a Tesla.
@@noahhultgren1710 Bruh, just don’t buy an EV; just get a Toyota Prius Hybrid. They have a longer range than an EV, better build quality and batteries that don’t explode on a regular basis, and don’t have stupid touch screens for important functions.
Funny thing is, unlike BYD and Tesla, Toyota knows how to make half decent cars. Toyotas tend to last longer and have better part availibility. You dont have to worry about Toyota saying you dont have the right to repair your own vehicle.
Sure when it comes to price, a Prius or a Hybrid Corolla is twice the price of a BYD Seagull, but you won’t have to deal with made in China B.S. What’s the point of paying 10k for a BYD car that dies less than 100 miles off the lot(True story btw, SerpenZA has a whole video covering the issues with BYD)
I'd rather have a chinese electrocar rather than give a cent to Elon
"Deng Xiaoping loved all cats, black or white!" that quote reference hit like a truck
That moment when he said “at the beginning of the 2020’s” 😳
This was posted at the best time. I'm writing a final paper for a college class on China
don't forget to include the fact that the sinicisation project under xi includes the ethnic and cultural genocide of all chinese minoritiies
If you’re using this video to do college assignments you ain’t too bright son 💀
@@Amoore-vv9wx what? Im getting a general idea of new topics on top of what I already know. Plus he links all of his sources in the description I think it’s a good source of information
a lot of this is too rosy a look on china.
@@VirisNS well it’s one perspective yeah I’ve been researching the country all semester
High corruption and financial services don't tend to mix well.
And with high poverty rates and unemployment rates ( even for Chinas standards) I doubt that China will survive
they numbers are often "massaged" as well
Can't have a functional and mature financial system without a strong rule of law, strong rule of law stops corruption, and corruption erodes rule of law. Tough gig
We're talking about the US right?
Who ?
As a Gulf national I can say comfortably that the right now the average gen z Chinese is buying more than the average gen z Gulf national
Debt crisis on china with The youth
I think it's similar to what other Gen Z's in places say like South Korea and Turkey do. Because traditional goals of things like buying a house is less attainable now, a lot of young people, including those I know, just spend most their money to consume entertainment or luxurious products instead.
What is a gulf national? If you mean countries like Qatar and Bahrain, there's no way an average Chinese can buy more.
Gulf is too broad. Saudi, dubai and Qatar Gen z is definitely more of a spender
watching all these growth videos is depressing af since my country, Pakistan is going the Congo route which is suck your country dry and don't give a crap about it.
that's not very cash money of the government
move to norway like other pakistanis :D
not very cash money of them indeed
@@ButtMash1Just Norway? I used to live in Barcelona and most of the taxi drivers and grocery sellers are Pakistani. The typical small grocery shops around the corner are now known as "Paki" shops by the locals.
Regular conversations go like:
"Oh shit I don't have beer left at home!"
"No problem, the Paki next door is still open"
And I heard it's the same in many Western European big cities. Pakistan's biggest export is raw people lol.
@ButtMash1 never heard of Pakistanis immigrating to Norway.They usually go to gulf countries & anglo-saxon countries.
Damn I posted a long comment explaining how there is also lots of Pakistani imigrants in Spain but YT deleted it for some bs reason.
Incredible editing and animation, I feel like he's hired some great or just honed his art.
Still just me for now
Your skill level is on a new level
@@h0serYeah it has improved a lot, keep working hard 👍
Its not incredible animation, its barely an animation.
Not saying its bad, its his own style.
His real skill is genius level sound effects, friggen amazing, perfectly matched and perfect levels of humor without being annoying. Love it!
The real question is when China is going to reclaim Vladisvostok?
reclaim Vladisvostok? what for if china will owned russia!
When Russia has a Warlord Era of Course
Them trying to claim Siberia would honestly be hilarious....poor Mongolia though.
@@baronvonjo1929 hilarious until reality hits hard.
The most probable case is when Russia collapses into Anarchy.
Or US return to its isolationist tradition.
But since now the China is supporting Russia to prevents its collapse.
So i think this would happen when US return to isolationist.
Then China and Russia wont have the reason to cooperate since this cooperation exists only because of US.
“more goods than the Chinese could or wanted to use” bruh
no it’s called wage repression, very common to accomplish an ongoing trade balance surplus, even Germany does it
in which industrial field does it germany? I thought that having high salary workers to pay, and regulations which actually have to be followed was very inconvenient for that matter.
Why not simply relocate your business to a poor country which takes bribes and you have acess to slave-wage workers with no civil rights? Would sound like a no brainer to me.
@@4zir856 I can’t pinpoint a specific field, it’s just how the basic numbers work out.
If a country exports more than it imports, it means its workers in aggregate have a smaller income than the value of the things they produce. Otherwise they’d ultimately spend it on imports - the money that comes into the country from a trade surplus doesn’t just disappear.
That Germany’s workers sit at the top of the value chain in Europe doesn’t mean their wages aren’t repressed.
It’s precisely because they sit on top of the value chain that this work didn’t get outsourced; low value-added work is commoditized and that is what makes it easy to outsource.
E.g., you have Volkswagen which makes cars. Let’s split this process into two parts: design and manufacture. To design a car platform, you need a relatively small amount of highly skilled workers perfecting the so-called platform. VW can and wants these workers to be based in Germany because this work needs education and a lot of experience. But it doesn’t matter that you have to pay say a hundred of these guys €200k a year each for five years (€100m total) because the outcome of their work is a car design they make use of in every car they sell, and VW sells ten million cars a year. Over said five years the cost of this design team makes up like 2€ out of every car sold (for tens of thousands of euros) in our example. Conversely, because these guys solve the problem of “how to make a reliable car”, you can then have lower-paid workers in Europe’s periphery handle manufacturing because they mostly follow the instructions and man the assembly lines created in Germany.
But to get back on point, none of this means that the German workers receive the full value of their work as income. German policy and attitudes favour savings and (private) investment, it’s how they got here, but at some point it’s turning towards their detriment. You save money to spend it on consumption later, and you invest money to make the things you want to consume later more abundant; if you do either without the matching deferred consumption, you’re just making a fake number go up.
@@4zir856 And you can’t relocate this design work because “car designed by Germans and made to german designs” carries a lot more weight than “car designed and made in Turkey that VW slapped a sticker on”
A lot of American companies tried doing the second thing - the ideal US corporation is one that doesn’t make anything because then you don’t have to pay anyone to do so, you just outsource everything and license your brand to suppliers. If you want to know how that’s going, you may have heard about Boeing in the news lately.
@@DavidVallnerGM did it for years and they didn’t have any issues, they were able to continue wage suppression by closing North American plants which required higher wages and higher safety standards
@@bumperbonnie5721 I’m not familiar with GM but like have they really outsourced platform design as opposed to just manufacturing/assembly?
Average geography youtuber: Wait they are not collapsing?!
any thoughts on Donghua Jinlong's industrial grade glycine manufacturing?
with that out of the way, are you aware of food grade glycine supplements that boost your body's protein production by a whopping 65%?!
Lol wut
What is that used for?
😂😂 goated reference
Easily the best in class
As usual. Very well researched and narrated. Thank you Ben
>Does nothing
>Wins
He can't keep getting away with this!
40 minute hoser video, let's goooo
as someone who worked for huawei for a bit, theyre def hiring A LOT of electricity related position.
China will the the FIRST country in the world to make Soylent green. 🤣
First is a bold word, we must pretend like in 1984, that the other place is a controlled dystopia, not ours.
We certainly won't be the first one to have that.
The median salary in Shenzhen city is 5199 rmb per month in 2022，
Today 2024.04.14 the potato is 2.99 rmb/kg
Cabbage 3.79 rmb/kg
Onion 1.99 rmb/500g
Corn 3.89 rmb/1100g
Broccoli 3.49 rmb/500g
Rice 27.99 rmb/5kg
Flesh made noodle 5.9 rmb/1kg
Durian flavor pizza 6 rmb/130g
Toufu 2.59rmb/400g
Orange 30 rmb/4.5 kg
Pork 8.9 rmb/500g
Chicken chest 6.9 rmb/500g
Egg 5 rmb/ 10
We are the biggest producers of many foods
And what's more our friendly neighbour--Russia is one of the biggest food exporters in the world.
Sure we import a lot of corn and other crops from outside especially the US but they are for growing meat, If we just eat simple and cheap meats such as chicken and eggs, then we don't even need to import crops and be self-suffient
@@arbs3ry "And what's more our friendly neighbor" Russia that country has shooting matches with over the boarder dispute? Saying you're friends is dishonest, you merely share a perceived enemy so you act nice.
If China was capable of self sufficiency they wouldn't have been stock piling grains for a decade now.
@@arbs3ry FLESH MADE NOODLE
Chinese man eat luxury fish and meat, Russian man eat caviar on blin, western man eat soy and syrup.
Another absolute banger video
Please post more I need the brain nourishment
You should make a video about Blackrock. I'm sure you'll 100% not get assassinated.
There are lots of videos about blackrock
@@davidwestwater2219 Maybe if you go searching for it. I've never been recommended anything remotely close to it.
BlackRock isn't the Illuminati
@@davidwestwater2219 About Black Rock Shooter the anime, not about Blackrock the actual corporation behind the US
Talking about Blackrock isn't a big deal, they only manage investments of others, that's it, no big secret society, that's only youtubers conspiracy bubbles
So the new-new-plan is to sink tons of capital in "Electric Manufacturing", rather than in "Infrastructure", with the expectation that it will have a trickle-down effect.
Why do I picture a different coloured bubble?
Well at least you can export electric devices when your own people don’t buy it, you can’t export an house
its the benefit of replacing oil imports with the new infra based on electric, and reduced reliance and hedging the oil price volatility on manufacturing inputs, the new jobs on the R&D front on all the eletric replacement parts and techs, those aren't bubble as it creeate real return rather than fiat return.
So you rather see your hard earned money plowed to paper assets like stocks & bitcoin and called them growth like what US is happening? Now that's the mirage and how fake US economy I say. Lol.
I'm immediately reminded of their EV grave yards. Plus, this all implies that Chinese youth want to buy these products. With cars being notoriously expensive, they would have to make a choice between that and child rearing. And considering the population decline that's putting them between a rock and a hard place.
@@grimgrahamch.4157 the so called EV grave yard is another photographic/propaganda master piece lol.
You dont need to look to the future, China is already the biggest auto market by far, and EV is now more than 50% of total auto sales in China in March.
Population decline is a gradual process over next 50-100 year, it won't have a visible effect on economy for atleast 3 more decades.
If China is between a rock and a hard place right now, then I can argue China has ALWAYS been between a rock and hard place, and despite that China has done very well compare to all other nations on earth
What a great video, the little history lesson really shows how they are willing to wildly change up things to keep growing. Some lessons to be learned there
Oh, sweet, a new hoser vid
Only this one is Chinese propaganda crap
Singapore *writing test*
China *steals answers*
China “aren’t we great doing this all on our own”
Singaporean's don't care
@@haruyanto8085 yes we do
because we go into china and steal the students doing the tests
You mean like, learning from other countries successes and failures?
@@woodykrska9947 Yeah and learning from how the Soviets collapsed and tightened their grip on every Chinese, making the country a totalitarian nightmare.
Sure, you are not wrong, but not the way you intended.
I don't really mind that but their government isn't great. The reason I live in a rich country is because we took British tech after they industrialized. Brought like a gazillion people out of poverty.
…”private” businesses where companies do whatever ji says lol
Based
who's ji
Ji mama@@acarnivorouscat4549
Lol, imagine threatening the entire world and then asking them to buy your stuff.
Trump likes to do this the most.
American foreign policy since 1950s :
It worked for America
@@doyouguysnothavephones8967 America cool and the whoever you're referring to cringe
In what ways though, they don’t look threatening.
Goku would win. No question about it.
After all, he could blow up the planet without his powers by just useing his hands 😂
That was excellent, thank you.
The little animal animations always crack me up, like the panda with a jackhammer at 27:50 and the lion with a microscope at 30:25 lol.
I just love your videos, they are so insightful and interesting 👌
got a byd ad on this 💀
Great cars. Owned one since early this year. 0 issues and the quality is far superior to anything European or Japanese in the same price range.
im surprised you didnt talk about how byd is notorious for the batteries catching on fire. And how since they are so heavily subsidized they get enough money for each car made that they just pump them out then stick them in huge fields just to rot. The pictures are insane thousands ten's of thousands just rotting in fields because they get paid for each car made they make money even if they dont sell them.
Source?
Not like Tesla has zero issues
The same could be said to tesla. It is still a relatively new technology. Of course things dont go well in the beginning
So prices go down over time allowing people to buy them?
SerpentZA meat rider spotted
Lmao I guess someone that spend time setting this RUclips DP to this is coping throughout the video where hoser is not mentioning "China bad" for 40 minute.
That visual of the geopolitical goals was definitely the funniest thing in the video
hoser, This is so fun! I'm happy I found your channel!
I don't think it's an exaggeration to say that this is my favorite channel. I really like the long-form video too, please do more!
I am once again asking you to make a video on Uganda! 40 minutes of my boo boo bear goat Hoser tho 🤤
I remember when the title was
“China’s new new plan” and the thumbnail said “it’s not over” with fire burning a building
WTF he changed it back! Ok the one before he changed it back was the title being something about electronics and the thumbnail being yellow sparks coming out
The average growth chart is interesting because up until 2010 it was slowly leveling off/stabilizing, and after 2010 it kinda rolled down a slope.
Omg secret hoser vid
How'd you do that?
weird, for me it says this came out 35 seconds ago but your comment is 3 hours old?
@@ToastLord42They're a member, they get early access
@@ToastLord42 😉
@@ToastLord42 they got early access because they're a channel member
Fun fact, Xiaomi is the first tech company that made an E-Car and they already showed it off at an expo, it's called "Xiaomi Su 7".
I'm not sure you can really call those cars. More of an Easy Bake oven
I mean Google's Waymo was an attempt at this but Xiaomi did it better for sure
@@RT-qd8yl I thought BYD specialized in ovens
@@educacionespecialchannel3756but waymo wasn’t sold to the public
You couldn’t go out and buy a waymo car
Crazy how people are still coping that China can't make quality goods when literally 90% of quality goods are chinese manufactured
Something incredibly funny about China and America having persistent beef with one another and couching it in the language of ideology (particularly economic), despite both of them gradually moving to meet in the middle on economic policy for at least twenty years now.
Its one sided usa beef, the usa had beef with japan in the 80s too look up plaza accords
@@NeostormXLMAX"1 sided usa beef" yeah totally not because china is trying to bully southeast asia into letting them say a sea is theirs on a map
@NeostormXLMAX when did we have beef with japan in the 80s lol. If anything, we were anticipating they'd become a superpower of a sort and weren't even really worried.
@@manipulatortrash The US engaged in heavy economic protectionism against Japan in the 1980s. Hard caps on auto imports, substantial tariffs on pretty much all industrial goods they viewed as a threat to American industrial capacity. It’s not indefensible depending on your one’s economic philosophy but this *was* Reagan era policy which makes it rather ironic.
@@binch6291 when people say the US had beef, there's an implication that there is some sort of politically and culturally juxtaposition between the two. I'm not even suggesting the US wasn't trying to suppress Japanese dominance over particular parts of their market and industry, it's more than just numbers and money.
My point right now is that anyone trying to paint US-Japanese relations to that of modern US-Chinese relations heavily misunderstand the entire situation of the 80's. Japanese dominance wasn't feared nearly as much as the Chinese and many Japanese products then and now are still praised for its high quality. Japan's economic situation then is very different from that of China's right now. The very accords the person i responded to mentioned isn't even an instance of the US somehow having crippled Japan. It involved other nations and was done to maintain an economic order everyone involved wanted to ensure would continue on. The idea of American "beef" with Japan is just wrong. Friendly nations have participated in economic protectionism in plenty of sectors over history.
I mean, do people really think US-Japanese relations have any real resemblance to that of modern day US-Chinese relations? Even on economic terms the only real similarity is that of "well trade happens and there is some sort of protectionism happening," which really isn't much against the larger backdrop of politics and the general populace's feelings as a whole.
great video! Probably your best one. Great research and great explanation keep it up!
I have one of those BYD EVs. They are pretty neat actually. The interior is kinda meh, but for the price it's a pretty decent car
Fair
If i buy a 30 dollar phone i get a 30 dollar phone
If i buy a 300 dollar phone i get a 300 dollar phone
If i buy a 1000 dollar phone i get a 1000 dollar phone
@@nikolaideianov5092and since most people in the world can only afford the 30 dollar phone, that company making 30 dollar phones will be worth more than the company selling 1000 dollar phones in the long term term, and soon start a 1000 dollar model itself and slowly push the 1000 dollar phone out of the market
@@nikolaideianov5092There is virtually no diff between a 300 dollar phone and a 1000 phone, except the "Apple" label. Some folks think paying for the label is worth an extra $700. Those were the early adopters of EVs paying 80K for a Tesla with lots of extras. For the other 95% of americans they want something affordable.
@@nikolaideianov5092 You do get a 1000 dollar phone. But the issue is, 1000 phone isn't 10x better than a 100 dollar phone. Is a 75k Tesla 5X better than a 15k BYD? It only be 1X better, or even less.
@@henli-rw5dw yes a 1000 dollar phone is 10x better then a 100 dollar phone
Have you seen 100 dollar phones ?
Just like with the tesla vs byd
15k byd is probably their cheapest module
The 75k tesla has multiple times the range ,speed and the time to get that speed is lower
Alibaba is not split into 6 different companies because of the CCP. Alibaba was considering breaking up the company to create value for shareholders.
Also, I'm not really sure that there exists an super large private company that is controlled by “young people with creativity and technical skills”.
@@miachaos4680 DJI
I love these videos. Sometimes I just play them in the background while I study, and it's just nice to have a calm voice talk about interesting topics without all the background music and noises.
Thank you for the informative video! Very well put together.
Hoser please let me see the kids again please I beg you you can't keep them away
I've never known Chinese people to be Big spenders. Any Chinese people I've encountered were always big on saving money while Americans, oh my God! You want to talk about some spenders? My former boss bought a hundred thousand dollar truck just because it looks cool. The guy lives in a giant house in the middle of the city. That's his commuting vehicle lmao. He thinks I'm crazy for driving a minivan when I could be driving a Porche to work.
because China is rich that mean the government is rich instead of the common people in China. unlike the government in west, Chinese government don't spend enough money for the basic public welfare and social security, so people are fear of the uncertainty of the future, and they need to save most of their income for the education, medical, housing and the life when they get old. but on the contrary, these basic social securities have been provided universally by the government in the west, so their people can just spend all of their income on consumption every month without any worry for the life in the next month or further future.
@@pipiqiqi4010 I understand that. However, I think Chinese people here in the States are more conservative with their cash because of their culture, and it's not just them, but a lot of Asians in general are usually good with managing their finances and it's harder to get them to buy your products.
@@WildsDreams45 the second generation of the wealthy Chinese is not that so conservative, many of them are the consumers of the luxury cars and houses in the west. if you are familiar with some newcomers from China mainland after 2010, you will find they are absolutely not conservative with cash at all.
@@pipiqiqi4010 Interesting. I never knew about that.
@@WildsDreams45 that also depends. Usually people like that are rich second generations or third generations, or people who grown in a more maericanized community. Asian often gathers together and lived in a community and so many of them influenced each other a lot. In southeast Asia a lot of the Chinese are just like you mentioned. stingy as fuck and loves to save every penny. But tat the same time the younger generations is a mix, some are somewhat saving a lot but some spends a lot as they often got swept up by trends too.
I love this channel. It feels like it's actually telling something true. Not as exaggerated as I have seen in other videos.
Great journalism, great research! Your understanding of present Geo-politics is spot on.
40 minute banger, thank you boss
The boss liked your comment, but you only have one like. Wth.
It's called the 5th Revolution. The 6th is space travel, deep sea mining, and ai
Let’s have the 7th Revolution, which is the reactionaries taking back the power
The 7th will be interstellar travel?
Great video! Appreciate the effort🙌
BYD cars explode non stop in china lmao xD
The S in BYD stands for Safety
The reason why China has failed to restructure its economy towards consumption is that doing so would essentially constitute a massive transfer of wealth away from the government and the corporations it controls towards households, which would dilute the power of the state significantly, something intolerable to the CCP who guard their power jealously. This is also why its so hard for most poor countries to develop in a broader sense: dictators and other arbitrary rulers use their power to insulate their supporters from market competition and legal consequences, and development necessary means allowing interest groups outside of state control to grow wealthy and hence politically powerful.
No, it’s because Chinese are smart enough to not fall into consumerism
What Alex said. 👍
@@KK-bi1ou If China's people had as much money as consumers in first-world countries they would also consume just as much. Chinese people in the Republic of China as it happens consume just as much as those in, say, Japan or Korea, or areas of Europe with comparable median incomes, and they are no less Chinese than mainlanders nor any less intelligent.
The median income in mainland China however remains below the world's average, and given the sky-high cost of living and especially of raising children, Chinese people are forced to consume less because they have less to spend and more expenses to balance their consumption with.
@@alexv3357 Your original comment isnt true though singapore for example is an authoritarian country by all things considered yet it has a very strong middle class. Your analysis leaves out many many other reasons and components like culture , history etc.
@@u2beuser714 Singapore is a special case in a lot of ways, basically the only example of a country like itself. Its ruling party is critically much less authoritarian than the CCP of China, and highly responsive to public opinion in ways that the CCP just isn't.
China was poor under empire, warlords, and Mao. It managed to grow from a peasant backwater because the Party took its hands off much of the economy under Deng and allowed foreign investment and autonomy for private actors, and it is failing to grow now because it has reached the limit of how much wealth the CCP can tolerate sharing with the private sector. The crackdown on Jack Ma and his businesses are emblematic of this process: a company that would have been the pride and joy of any reasonable country was squashed for daring to not be totally subservient to the Party.
nice video. Great summary you did there.
Great video. Well thought out.
I love watching your videos keep it up.
When I think of China, I think of Winnie the Pooh for some reason. I wonder why.
:P
lol
Me too
这就说明你被这种网络新闻影响太严重了，也说明某些人想要把中国以这种形象灌输给你的目的成功了，一个拥有五千年历史而且有十多亿人口的国家，文化军事经济思想以及历史上发生的奇闻异事真的太多太有趣了。诗人哲学家思想家军事家将军皇帝艺术家的故事有太多太多了，你首先想到的竟然是小熊维尼。。。
/Whoosh
@@groeningmingrone2868 你以这种方式回答他，那就说明他已经达到目的了
It makes me happy that China will be heading towards a more domestic and self sufficient economy. This will inevitably force those of us in the west to do the same and rely less on cheaper imports. This will create more opportunity for local work and distribute the wealth more evenly, as opposed to the wealthy getting away with cheaper labor costs at the expense of their own citizens.
The quality of research is so good and the editing must have taken so much work, thanks for the vid man!
Yup, all based upon debt, on debt, on debt, on more levels of debt.
Which is understandable if you need a kickstart in growing. But at a point...
If you pass the USA GDP debt you got a problem!
I live in Indonesia, in just 5 years china had basically secured this country of 270 million as a solid consumer base. I’d imagine they are doing the same in other developing countries with their belt and road initiative, especially in places where us influence are weak or waning like africa. I’ve rarely seen american products if any in the last decade by comparison. China has potentially secured 1 billion plus consumer base outside its own population. What does the us have with its dying industry? Sure US will probably continue to lead cutting edge tech in the near future but china is catching up fast. Hell even cutting edge semiconductors are produced at scale at TAIWAN. Western countries are keeping the numbers up by importing large volumes of problematic migrants to keep their service sector and dying industry competitive. Unless the US decide to adopt radical protectionist measures and jumpstart their own industry, these west in decline trend will only continue.
Thats not actually true the Total US debt is about 700% of GDP in China it is still much lowet
@@henningrenz6560chinas dept to gdp was 287% in 2023
The us is 122% in 2023
China is living on debt now. People who properly investigate China's financial status are not painting a rosy picture at all.
@@CyAn-S i responded to the guy lieing about the us dept to gdp ratio but it got deleted
Chinas dept to gdp is over 200%
The us is around 100%
what happened to the whole fields of rotting electric vehicles that are poisoning the ground? they're just gonna sit there.
thats how they 'sold' so many. No one wants these death traps.
What people omit in comments like yours is that in terms of EXPORTS china is still in the top 3 it almost overtook japan many people buying byd cars in brazil for example and many south american countries. So "cars rotting in a field" doesnt really say much here other than domestic consumption of them is low
Low domestic consumption, like he said in the video.
The 1st gen EVs weren't very good. They use the same batteries in early model Teslas Lithium NMC. These were bought by UBER type drivers. After 2-3 years the batteries can't be recharged. And are so expensive it's easier to just junk the cars. The newer cars have batteries that can be use for 1 milloin miles instead of 100,000 miles. The NMC batteries are still being made and sold in Tesla cars. Although Tesla is importing Chinese tech to build LFP batteries. But won't be mass producing them till 2025.
I love how westerners are coping to the rise of china, keep coping.
Yeah China should follow US example and the western world...
😂
Thank you very much!
11:56 - Classic Winston and C-Milk riding through China. Good find!
I love how he's showing Serpentza/Laowhy footage on one hand and talking about BYD's "mastery" of battery-making in the other; it's very ironic when the former has blatantly shown videos after videos of these BYD cars spontaneously exploding.
And There's also no birds in China. 😂
Serpentza and Laowhy are opportunists who try to earn views by smearing china with fake news, not a good source of information about china
Noticed that too haha
@@Go4Broke247 wtf?! there's alot of birds in China.
tfw you walk through the nation of green technology and you feel like you are in a ww1 gas attack.
im wondering will you ever sell the animal with flags as a merchandise of some sort, i wanna get one as a sticker lol
In short they tried to grow buy pouring less concrete on the floor but that didnt work so they are back at pouring more concrete
If there's only one thing we know with absolute certainty about economics, it's that mixed economies are always successful. You need a healthy mix of a strong private sector heavily regulated by the state, a strong public sector that control key public services and industries via state monopolies, and progressive taxation to limit wealth inequalities. This was United States in the 30s to 60s, before Reaganomics ruined everything. This was Western Europe in the 50s to 80s, with massive growths and unprecedented standards of living, before neoliberalism creeped into the European Union policies.
This is China now. Their controlled economy with a large private sector heavily regulated by a communist elite somehow produced the perfect economy. They are 20 to 30 years ahead in terms of innovation, with standards of living still rapidly increasing compered to the west, WAY better infrastrucure than any western countries, and with much better leadership.
We like to blame the slow down of western economies on external factors, but the truth is that we pay the consequences of bad political decisions
"""much better leadership"""
Besides china having a totalitarian leader. It all goes well when you have a dictator like the current leader of El Salvador, but what happens when you get a Hassan Husain?
@@Jalreal Yeah, it's just amazing how some people just can't see a totalitarian regime for the nightmare it is.
Yes! Hoser video released!
Bro is glazing Winnie The Pooh so hard 😂😂
WOW hoser
I never thought i would hear "quality" and "China" be used in the same sentence 😂😂😂
It’s funny because before Industrial Revolution “made in china” were extremely expensive and high quality sought by the nobles of the west
That what i was thinking
China produces many quality products for international brands, such as Apple, Nike, Samsung, and more.
Because you consume too much US propaganda
@@educacionespecialchannel3756 Its the Chinese Brands you gotta Worry about.
Even if they are now just as good in Quality with Western Brands their Stereotype Past will Haunt still them for Decades
Is this a reupload? Cause I saw it earlier with a ship and a microchip as thumbnail
So funny. Just thinking how bearish everyone is now (finally) then your video popped up.
You would never see me own a Chinese Car, Phone, or other internet integrated tech.
Doesn't a Chinese company own Google?
No. Google owns google. The pixel is mostly designed in Google’s Taiwan campus.
You typed this comment on a phone made in China lol
most things you own, tech included, is made in china
@@raidenshougun9663Western ideas, Chinese made. It’s a match in neo lib heaven.
I don't think it just that . There is some ideologically thinking in their overproduction and subsides but they always will hit a point where the market is saturated and then they will float the western market with cheap goods . The problem with scale is also nobody can supply stuff in this quantity if everyone buys in it China so they always produce itself.
You also need to see the other side while more demand in China sounds good . Actually the current demand in China already puts a huge strain on the world economy . Like 60% of all exported food goes to China, 70-90% off all metal pre-products goes to China . China buys a large chunk of the worlds lumber production. Coal, Oil too and then there Chinas high sea fishing fleet which makes up 70% of all high sea fishing boots , a fleet which 2005 didn't existed and cause massiv over fishing.
The unmasked truth is China is too big to be integrated in the western economy and a rich China(with high demand per head) is too expensive currently for the world
the weight of 1.14 billion people is finally starting to be felt
If that were true, then the prices will be going up and supply will out strip demand. But the reality is that prices of raw material, commodities isn't rising relative to inflation.
They buy the goods with dollars and the dollars come from the goods they make. It’s a perfect cycle. It’s free market
I wish our government responses to businesses failure like China instead we bail out million&billion Aires while penalizing the regular man with fee after fee you get charged late fees that are more than the bill sometimes as if making you owe more would make you be able to pay. Most ppl don’t pay on time due to low funds not because they forget or mismanagement so why make it harder to pay and with fees and tickets they’re discriminatory towards the poor because it impacts them in tenfold compared to the rich a poor person can become homeless or end up in jail due to tickets and fees in contrast to a rich person not even being away of the penalty because someone else manages that for them. fees & tickets aren’t deterrences they’re just tools that create vicious cycles that create more obstacles to success for those starting at the bottom creating a bigger gap. If the government creates an environment that actively chargers you for being poor and subsidies the rich is insane. What’s crazy is when poor ppl especially minorities do succeed they’re made to feel less than like they were handed their opportunities and have more privilege than those that are their due to the hood ol’ boys club, nepotism or classism but that’s super valid.
Firstly, the conclusions drawn from this video are all based on data provided by Western media, so there are many descriptions that may seem very inaccurate to a Chinese person. Secondly, do not easily say that you hope a country can do the same as China. you need to understand the operational and economic logic of Chinese society, as they may be completely different from where you live. For example, our stock market clearly requires serving the financing needs of enterprises, rather than acting like a financial casino. Moreover, the Chinese government will not provide bottom line support to enterprises. They only provide assistance, just like parents guiding their children not to develop bad habits. If they do something that should not be done, they still face the responsibility and punishment they should bear.
I love your videos dude!
At least I never seen a Tesla eject it’s passenger while driving down the street
5:17 - Between 1978 and 2022, average Chinese growth was 9.1% (compared to 2.6% for the US). Growing from 1 to 2 is 100% growth. Increasing from 100 to 101 is 1% growth. Both involve increases of 1. This stat just shows that China was really, really, really, really, really poor and backwards in 1978.
Also shows US is too much lucky
and in 2023 chinas growth was 5.6% ... what is your point ?
@@hanamaomao I guess my "point" was to test people's capacity to comprehend a comment. I'm sorry if I failed you.
@@UserNameWasCensored chinas gdp was second in 2023 , and still increased by 5.6% . so thanks for supporting china
@@hanamaomao You're welcome. I appreciate the fact that you now understand that the factual increase from 1 to 2 is the same as the increase from 100 to 101.
the simple reason why their domestic consumption stagnates or even declines is that they export the products. If you want to keep the price of your goods competitive to boost export, you need to manage to lower the salary of workers which in turn lower the purchasing power of them.
ummm BYD has alot of issues such as cars literally going on fire while parked ive seen houses burn down because the car in the garage randomly just sparked up and went on fire. ive seen airbags not even going off when they crash. BYD has alot of issues and just because you ship out more cars then japan doesnt mean people are buying them and doesnt make them good.
Shitty cars doesnt mean people arent buying them. 8 million cars sold; someone's buying them
@@boomperson818 8 million lmao?!!! holy math batman. so after researching they only sold 3 million in which 1.8 million was full electric and the rest was hybrid lol. i knew you made that number up. especially since BYD is ban in the US and a few other countries.
@@nattdx846 27:44
@@nattdx846 27:44
@@nattdx846 27:43
China: Starts to modernize again:
Taiwan, South Korea, Vietnam:
GENTLEMAN, ITS TIME
wdym?
What do you mean
Hopefully China isn’t the first country to make it back to the good after this
It remains to be seen. All this hinges on people buying Chinese EVs and governments being onboard with the insanity of Chinese solar panels being good for the environment.
All countries are experiencing a 'shift' right now 👁️🗨️😂 Best time for world Duels to boost Economy
Great video man
Amazing content!
POV: your demographic is mainly from China 😂
RUclips is banned in china
Demographic can't be from China bc youtube is banned there
.... you realize Chinese people speak Chinese, right?
@@RedactedAnonymous10 you're probably 12 so I'll be nice. China is a large country with many languages and dialects, but their main language is called mandarin Chinese. Or as we colloquially understand it, Chinese.
@@soymilkmanfirst resolt from google is "Mandarin, also known as Standard Mandarin or Putonghua, is the official language of China."
Agree on most parts, but the underwhelming domestic consumption was mainly caused by its conservative tradition and lack of financial instruments, with which a huge amount of savings surpluses have been taken advantage of by short sighted local authorities. Sadly, it’s deeply rooted, not easy to deal with😢
thanks you helped me write my research paper about us and china trade with the sources you listed