Is the Chinese Economy Recovering? Can NIO Hit 30K Sales?

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  • Опубликовано: 22 авг 2024
  • I visit two malls and tell you about what's going on in China. Seems things are starting to pick up at last, and the economic situation isn't as dire as has been reported by the likes of China Observer...Still not back to the roaring 20(10)s but it is feeling better and looking better. I also take a look at a NIO House and talk to NIO sales staff. I summarize our conversation at the end, so stick around.
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Комментарии • 53

  • @HeiNz0304
    @HeiNz0304 2 месяца назад +17

    Hi Eric, the Chinese malls are really great. I hope I can visit China in the near future.👍🙃

    • @yoingen
      @yoingen 2 месяца назад +1

      欢迎

    • @Zerpentsa6598
      @Zerpentsa6598 2 месяца назад

      There to buy more tofu???😂😂😂

  • @ITeachChinese
    @ITeachChinese 2 месяца назад +6

    Those experiential consumptions are still very popular offline, which cannot be experienced online. There are many people in shopping malls on weekday evenings and weekends.

  • @ssjj005
    @ssjj005 2 месяца назад +7

    Thank you Eric for these kind of Video!!! It's is very important for us who don't live in China to know how the real economy is doing through you video!

  • @TRAVELYIP
    @TRAVELYIP 2 месяца назад +3

    Though slowly, but the economy here is recovering!

  • @kev13nyc
    @kev13nyc 2 месяца назад +9

    keep pumping out those NIO videos Eric!!!!

    • @nio4128
      @nio4128 2 месяца назад

      Let's go Kev, Let's go Eric

  • @riso8297
    @riso8297 2 месяца назад +1

    I would like to rather see step by step increase in sales numbers rather than bumpy ride of ups followed by downs. Stability in sales performance is the key in getting back weakened confidence of investors...

  • @davidzan9190
    @davidzan9190 28 дней назад

    Recently years the online shops take 30%+ market shares. More and more retail department stores in the mall have be converted to the entertainment and game play grounds.

  • @CiaranCanning
    @CiaranCanning 2 месяца назад +2

    GO #CHINA & GO #NIO !!!

  • @firstlast-pt5pp
    @firstlast-pt5pp 2 месяца назад +1

    @5:05 - animal shelters not needed in Shenzhen? In Hong Kong/Singapore, you can volunteer to play with the animals and take the dogs for walks from the shelters.

  • @CiaranCanning
    @CiaranCanning 2 месяца назад +4

    ECO-SYSTEM, ECO-SYSTEM, ECO-SYSTEM !!! #NIO

  • @psakir5star
    @psakir5star 2 месяца назад

    Love it. You did a great job. Keep it up man.

  • @almoreno3299
    @almoreno3299 2 месяца назад +4

    Mr. P has become a clickbait master. It's very risky though. I hope he knows what he's doing.

  • @leftofcenter4
    @leftofcenter4 2 месяца назад +2

    If that’s a boring lame mall, I would. Be shocked to see there newer more up to date mall. That mall is much more dynamic than what they have in the more higher end malls in the US…that mall kind of looks like Las Vegas for kids..moving to services type business plan..cool to see that they have no problem changing up stuff to solve other problems. I understand the older Chinese issues with THE Japanese…to I could not get through the t
    Book “the rapping of Nane King”, due to the horrific inhumane evil demonic barbarism.

    • @harmhoeks5996
      @harmhoeks5996 2 месяца назад

      Maybe that's why the city is now prosperous? Because they had smart Japanese babies?

  • @simonbarrett9568
    @simonbarrett9568 2 месяца назад +1

    I just got back from xishuangbnna last week and the building go on there and it becoming a city now l see they just built a new big shopping centre in the centre of xishuangbnna and the property building has not slowed down they are build more. OK

  • @tyronelowe7090
    @tyronelowe7090 2 месяца назад

    I think Huawei is collaborating with ev manufacturers ....i saw that in another vlogger video.

  • @garylee9668
    @garylee9668 2 месяца назад

    China's economic problem is due to the housing and infrastructure already well developed, hard to replace the jobs lost in this sector. Other than this, i think they are really doing very well.

  • @aquinasua
    @aquinasua 2 месяца назад

    Btw, Luxeed is Chery and Huawei

  • @shijersey8336
    @shijersey8336 2 месяца назад

    above 20K would be great, 30K is impossbile!

  • @timgoodman4472
    @timgoodman4472 2 месяца назад

    20,544 in May but think June will be better.

  • @aquinasua
    @aquinasua 2 месяца назад

    The second mall looks familiar, is it somewhere in the area between Houhai and Shekou?

    • @Eric_Garrison
      @Eric_Garrison  2 месяца назад

      Yea , haiyue road station over that way

  • @gokhantelci
    @gokhantelci 2 месяца назад

    I'm curious if you're a nio investor?

  • @manuelphotography
    @manuelphotography 2 месяца назад

    Luxeed is Chery + Huawei

  • @CiaranCanning
    @CiaranCanning 2 месяца назад

    100% 20K+

  • @cb250nighthawk3
    @cb250nighthawk3 2 месяца назад

    Japanese people and Japanese things are 2 entirely different propositions. Well, to put it bluntly, people are a pain in the arse but things may not be. 🎉

  • @lordlee6473
    @lordlee6473 2 месяца назад

    Not dropping price is gonna play out in NIO’s favor. I can tell you I’m not gonna buy another Tesla. I’m done with Tesla. It’s a good car, but its pricing policy turned off a lot of people. Car brand is not built on price cuts.

  • @honesty_-no9he
    @honesty_-no9he 2 месяца назад

    Faded colour saturation is not good.

  • @georwoogle
    @georwoogle 2 месяца назад +1

    😀😀😀

  • @MrPNioVideos
    @MrPNioVideos 2 месяца назад

    Smash the like!

  • @ricorichards4099
    @ricorichards4099 2 месяца назад

    NET LOSS: The Chinese electric-vehicle maker's first-quarter net loss is estimated at 5.42 billion

  • @chopsticksandtrains
    @chopsticksandtrains 2 месяца назад +1

    That mall is soooo dead! In Shenzhen as well! Yikes! Rough times ahead for the Chinese economy!

    • @jchung5265
      @jchung5265 2 месяца назад +3

      It’s weekday before noon in an older mall! You need to see similar situations in kanader 😊

    • @chopsticksandtrains
      @chopsticksandtrains 2 месяца назад

      @@jchung5265 It’s Shenzhen, silly. People are saving their money. They realize that turbulent economic times are here and will likely remain for the next several decades.

    • @jchung5265
      @jchung5265 2 месяца назад +2

      @@chopsticksandtrains you should say tofu malls are collapsing everywhere!😂

    • @LH1xx
      @LH1xx 2 месяца назад +5

      @@chopsticksandtrains IMF predicts Chinese economic growth in 2024 will be 5%, way better than the US, EU, and Japan, only second to India, people will come back to spend we don't worry.

    • @Eric_Garrison
      @Eric_Garrison  2 месяца назад +2

      The first mall in this video gets insanely crowded weekends and evenings. I hate crowds and don’t wanna film children 😂… but maybe I’ll go back today and film a bit if it isn’t raining.

  • @rharcus
    @rharcus 2 месяца назад

    No, and No, Y ate 3 sales, but Y remains and will remain Int'l king. :D Sorry. FSD and Optimus makes it the king future stock, too.

  • @henry-pj9zo
    @henry-pj9zo 2 месяца назад +1

    Nio has dark future, they can't compete with Huawei, Lixiang and Xiaomi.

    • @schouten841
      @schouten841 2 месяца назад +3

      There are literally orders shifting from Xiaomi to Nio. What you talking about man. Nio is the future with all the battery swapping partnerships (today again 1 additional swapping partnership) let alone with its Onvo brand. You have no clue what you talking about lol.

  • @eerking4876
    @eerking4876 2 месяца назад

    The fact that Chinese people eat sushi, watch Doraemon, and like the second dimension has nothing to do with whether they have forgotten Japan's role in World War II. This has nothing to do with age, but depends on the level of education. The same is true for the United States. Most American people don't hate Japan now because they didn't have enough historical education since childhood. I believe that the American elite will not think that Japan is really an ally and Pearl Harbor is just a movie. The descendants of the Hump Air Line pilots will not think that Japan only has Toyota and AV. Japan once had Zero suicide fighters, long live the emperor, thousands of people killed, and 100 million people died in glory, and there was no thorough reflection. I guess artificial intelligence will not translate very well, so I attach the Chinese version.
    中国人吃寿司、看机器猫、喜欢二次元,和是否忘记第二次世界大战日本的角色没有关系。这和年龄无关,取决于受教育程度。美国也是一样吧,大多数美国老百姓现在不会讨厌日本,因为从小就没有足够的历史教育。我相信美国的精英阶层不会认为日本真的是盟友、珍珠港只是个电影。驼峰航线飞行员的子孙不会以为日本只有丰田和AV。日本曾经还有零式自杀战斗机、天皇陛下万岁、千人斩、一亿人玉碎,而且没有彻底反省。我猜人工智能不会翻译的很好,所以附上中文。