China Is Now the World’s Top Car Exporter: How the Russia-Ukraine War Helped | WSJ
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- เผยแพร่เมื่อ 19 มิ.ย. 2024
- China is now the world’s largest auto exporter with Russia becoming its biggest buyer this year. The Ukraine War and Western sanctions on Russia opened business opportunities for Chinese automakers to move into Russian factories. But what are some of the risks facing Chinese carmakers as a result of working in Russia?
WSJ explains how Chinese car brands profited from Moscow’s invasion of Ukraine and Western sanctions and what it means for Russia’s automobile market.
0:00 International sanctions
0:50 Russia’s automobile market
1:48 China capitalizes on sanctions
2:56 Risks for China’s carmakers
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#China #Russia #WSJ
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When watching Western media, you need to pay attention to related terms:
International society = European and American society
International market = European and American markets
Asia, Africa and Latin America ≠ International
Typical propaganda
I think the western market means American and Canadian market. Chinese cars have entered European market.
That's the impression I got from baseball world cup😅
@@kgan4733And they named the American football tournament the world cup too😆😆. Where only Americans play and watch that stupid ball game.
You've said it better than I could. And they think everyone outside the West is dumb.
I really like when they say a country has lost access to global markets when they really mean just western markets
According to western heresy
Western is world while others is animal
China represents a tiny fraction of car sales around the world. Just because they are selling a few more cars in Russia, it doesn't mean Russia has access to global markets. FWIW Chinese cars are mostly imitations of well known brands like VW, Hyundai, Jeep etc.
@@AnP865 Did you not even read the title, China is the world's largest car exporter
@@AnP865 oh yeah so UN report about Chinese massive industry is lie?
Western think they are the garden and we are the monkeys. What lies come from the snake garden.
It is not only in Russia that Chinese brands are taking up space left by Western companies. In Brazil, BYD has just bought Ford's factory after the automaker pulled out of the country in 2021. Haval/GWM also bought the Mercedes car factory. And Chery is a major brand now in the domestic market.
Chery is everywhere now as their motor
Mercedes's largest and second shareholder is Chinese company: BAIC and Geely
BTW, the prices are very attempting and affordable
Same was about to happen in India.
The Chinese brands wanted to setup new factories ir buy the previous factories of Ford or GM.......but after 2021 the government imposed a strict approval window (almost a ban) on most investments from China...
@@minonl And they offer more equipment and warranty than other companies
It's not just in Russia. Russia alone cannot account for catapulting China to becoming the world's top car exporter. Chinese car sales are rising in Latin America and Southeast Asia. Those populations are huge.
Also in Western Europe itself.
Only in US they can't enter because of US protectionist policies.
Americans are afraid. They know their EV car market is going to get crushed.
@@NP1066 thats kinda ironic that a communist country is pursuing a more free market policies than the country that preaches it
@@NP1066 GM China is allowed to export cars to US, beause it is an US company, other automakers are more difficult
@@NP1066 Where in Eastern Europe, except for russia and belarus, Chinese garbage is sold?
@@Leo-eh8hm
It's literally sold in Norway in droves. What are you talking about?
What 'eastern europe'?
I live in Turkey just 1-2 years ago no one didn't even know that the Chinese make a decent car. Now this brand called "Chery" is seen everywhere across the nation.
Last year Ford left the brazilian market, this year BYD bought Ford factory in Brazil. Chinese brands are comming strong in EVs market here.
GM left Thailand in 2020 and sold its factory to GWM ( Great Wall Motor). Ford is still manufacturing in Thailand but only pick up trucks. Except for China, GM has withdrawn from the Asian market. BYD and Hozon will start manufacturing EVs in Thailand in 2024.
GM = Garbage Motor. Ford = Fix Or Repair Daily.
In XItler 's dream maybe.
@@JigilJigil China is ahead in the EV market because they're cheap and affordable which is good for poor countries while western companies are lagging behind.
@@JigilJigil India is the biggest EV exporter thanks to Modi dream.
Who wants to deal with wyte people. They are to shady and hateful. Glad they are losing market share.
Didn't this truly means that Chinese brands are just more competitive than before, they are making better car than before, I think even if no war, the Chinese brand will slowly take market shares in Russia, and other emerging markets, just like they are taking market shares of Western brands in Chinese market also, WSJ is making a one-sided story.
100% true
Yes, I live far away from Russia & Chinese car brands are becoming very popular here. The quality of the cars are not like they was 15yrs ago, they're on par with the Koreans
It's Western Media.... Always One-sided.
Да, так и есть.
Yes, this is true. Japan was late to EVs, so was Germany. But Europe and Japan have little natural resources of their own. Their stupid proxy war stunt on their biggest energy supplier has pressed fast forward on a process which would have happened anyway, but would have taken years longer to happen.
yes, China is now the top car exporter. But let's put a not so subtle negative spin on it.
WSJ, why don't you show the total volume and Russia's share within it?
Cuz it's WSJ. Crocodile remain the same during the billions of years evolution.
cause it will show WSJ is a fake news media. the number of Chinese export cars is 2.14 million and the Russia market sell only 428 thousand cars in first half of 2023
it's china they got 1billiin people everything they will do is probably the largest to make up for their own demand simple as that that doesn't mean that their products are well known globally also it's already a proven fact that everything in china is just a copied foreign brand cause china still this day don't have a copyrigh law so they could mass produced tons of goods like cellphone and car cheaply cause they will just copy and not spend time of research and development
China's exports to Russia is a fraction of Chinese Auto Exports: just look at the total quantities, around 4 million this last year. All the cars sold in Russia of any brand were below 1 million. Somebody is really twisting the data.
WSJ is owned by Rupert Murdoch. His views are widely known as anti-China. His other media regularly spew anti-China rhetoric.
Why only count from Russia, Chinese cars export to other countries are sharply rising too
In China, the Chinese people called their own domestic made cars as, "coffins with wheels".
@@JigilJigilcopypast😂
@@JigilJigil No one says that, why do you pretend to be Chinese?
@@Dou_Yhe is Chinese of Taiwan province 😂
@@paulxu9653 more like indian than taiwanese.
Someone is getting frustrated watching that Russia has options and China filled the void which is created by the absence of western brands.😂
I don't understand that frustration, Russias buying power is quite tiny, they have few money to spare after basic living costs (a huge portion of their citizen lack pipelines for toilets!). Russia's GDP is smaller than New York City...
@@MikeAngel06Do you have home?
In general Russians are poor and getting poorer. So who cares
@@MikeAngel06 Regardless of it's small or not. China's perspective is pure business. They don't dwell with politics whatsover because politics means bad business.
@@royshaul2392
Enjoy your western mcdonald's "junk food"!
China exported 1.9 millions cars in first 5 months of this year, includes 287K vehicles to Russia, and Japan exported 1.6 millions in same period.
China is still ahead than Japan without Russia market.
Japanese quality > Chinese quality
@@needtau4138Perhaps Japanese drinks too much nuclear waste water so that helps them genetic mutation and eventually they are expertise in high quality car making? Chinese car would not surpass them, because Chinese never dump nuclear waste water into our ocean.😂
@@needtau4138first quantity then quality.
@@needtau4138As for quality, it will be up to the market to decide.
China will double their EV car production this year. Japan and German car industry may not survive this decade. See The Electric Viking for more info.
Im in Dominican Republic right now and i was shocked with the high amount of Chinese vehicles here that you didn’t see just a few years ago
Good quality and reasonable price 😊
@kgan4733 good quality 😂😂😂😂😂
@@georgeskanderbeg3242it's all relative. I don't know what's with other markets, but in the US, many cars, even with the Japan and German car makers' names, are made in Mexico. Quality is steadily going downhill. Do you have iPhones? They are made in China
@@georgeskanderbeg3242 Good quality for AN AFFORDABLE PRICE. You forget that you get the quality you pay for. Had it not been for China, billions of people in the developing world would not be able to afford phones, cars and other goods. In Africa, you can get a smartphone for under $100. The West can't possibly make any kind of phone for $100, let alone speak of quality.
what brand?
Chinese car expansion to Russia was happened long before the war in Ukraine. For the long term, Russia is still a favourable markets for Chinese automakers than western countries just because of stating China as a 'strategic rival' by them. And after all, west is not the 'world'. There are many emerging countries in Africa, Latin America and South East Asia which can afford to buy them. Western reluctance to take Chinese investments will always make things costly as they only have limited options.
But China from just 6% car import become 98% Russia car import
So Russians have money. The sanctions haven't hurt them!
Well, western dealer moving out does help. No one will buy car that will have maintenance problems like parts and services.
True 💯
China is not proud and gladly fills the void from the departure of swaggering Western companies
I really like the Western mindset. "Yeah, no problem for us to buy American products or invest in America when It is invading country after country. But how dare you China, still investing Russia when Russia invaded Ukraine"🤣🤣🤣🤣🤣🤣🤣
Tetap semangat Mr Putin,hancurkan Ukraina budak Nato.💪💪💪
cope
I feel that the United States has made a wrong calculation. Originally, the biggest winner in the Russia-Ukraine war was the United States. It could strengthen NATO, harvest the European economy, sell more weapons and weaken Russia. But in the end, it turns out that the biggest winner may be China. As a Chinese, I can understand the mood of Americans.
@sibaraku2023
You gotta love how they concern troll about China selling it's car's in Russia being a risk for them potentially selling their cars in the West, while at the same time they fail to mention how huge and important the Chinese domestic auto market is for Westren automakers.
It goes both ways.
According to B and Mary, AM is going to lead the Worldwide EV Revolution. LOL
The United States became the world's largest liquefied natural gas (LNG) exporter during the first half of 2022: How the Russia-Ukraine War Helped😁
Now, only the stupid would never understand why usa pushed Ukraine against Russia by furnishing firearms and killing the trade between Europe and Russia.
That is why gas is so expensive....transporting LNG is much more expensive than using the pipelines to deliver gas to customers. So the war didnt help but making it much more harder for ordinary people in buying those expensive gas 🤦
在中国美国这样做就是奸商，会被生意同行和顾客抵制，不道德进行生意是非常可耻的，终究会失去顾客和合作对象。
@@jonatikoisuva2695 US sell it, EU buy it, fair deal.
And China became the largest builder of LNG ships. Gas station pretending to be a country.
One country's lost is another country's gain.
very true !
A bunch of country's loss is China's gain.
My loss is your win.
@@spider6660 Those countries lazy and uncooperative, they cant blame China
США заставили многие фирмы уйти из России. Рено тянула дольше всех. У неё тут были огромные инвестиции и доля рынка. Миллиардные прибыли. Но они вассалы США. И как вашингтонский ОБКОМ скажет так и будет. Я думаю там сейчас очень много довольных таким "союзником" 😂 А в России на мощностях Рено в Москве возродили марку "Москвич" (в Европе "ALEKO"). И тут все очень этим довольны😂
Russia is only part of the overall Chinese auto industry success. Chinese EV cars are so advanced, good looking, high tech, and reliable. And that is why German car companies want to work with Chinese automakers to lift their troubling brands. WSJ, you should do a detailed report spelling out why we don't see these very beautiful Chinese EVs in US.
Because the answer is very simple. Trade war and export controls.
WSJ will put a negative spin on it since its owner is very anti-China.
Because rolling death traps built with Made in China quality have no place on American roads
Actually its because most Chinese EVs were developed through trademark and patent violations.
They use lithium sodium batteries that were a patented tech. China does not respect intellectual property and stole it. The trademarks are finally running out, and so its spreading to the rest of the world.
Remember, the battery in that cheap Chinese EV will last half as long, but they'll forget to tell you that at the dealership.
How? There are a lot of videos of Chinese EV’s catching fire. And they were just exposed for faking EV car sales by shoving thousands of abandoned EVs in random lots.
To all Russians who are struggling from Western sanctions, I welcome you all to Shanghai and Hainan. These are the best places for Russians.
Thanks, dude.
Yup so that you can replenish your depleted prisoners in concentration camps for the organs that you will sell
@@justarussian8714 😆
@@ibrahimtouman2279 what is so funny about this?! I admire people's hospitality even if I don't give a d@mn about western sanctions.
Free people from autocracies of china and russia
Another loss for Europe, one of their most profitable business is getting ruined by some war they have no benefit from.
Mind you, America, European, Japanese cars are better.
car sales are still up tho. Russia was only 5% of the EUs exports.
@@gamerfan8445China will cross them soon maybe
@@neonationalist1772 unlikely
@@gamerfan8445zero difference in this day and age
as a Russian, I want to say thanks to European and Korean auto brands that left Russia, otherwise we would not have known what real modern cars are! I admire Chinese cars, the amount of choice and their excellent quality. every day I ride them in carsharing!
that's right european cars and especially korean cars are really lacking in a lot of areas. I don't understand how people can buy a hyundai in today's world
lol
LOL, In China, the Chinese people called their own domestic made cars as, "coffins with wheels" and in Russia you call them modern cars!
@@JigilJigil Your infomation needs updating. It might apply in 10 years ago but it goes to the contrary now. Recently Chinese domestic brand are prodouns for high-tech, well-designed and clean energy, while foriegn brands are low cost-effective, outdated with low configuration in the market.
Ахаха, дилетант, что ты говоришь 😂😂😂
Hope many Chinese car brands make it here to the USA. We have so little options for EV cars at the moment. I'm especially interested in Nio and BYD models.
The American Auto Cartel will lobby day and night to see that it doesn't happen.
Not gonna happen soon. They'll cite "national security" concern as they did to tiktok and huawei😏
Li auto is also very good.
You should move to Shanghai 😂😂😂
Never going to happen
Chinese vehicles have become increasingly common on Saudi roads.
Chinese BYD EV brand is becoming extremely popular and hip in Israel right now.
У нас в Казахстане очень много машин китайского производства.И они ничем не уступают другим производителям.И с каждым годом их больше и больше.
很多留言可以看出，很多西方人的傲慢与偏见。我不支持中国独裁政府，但是，我绝对反对基于国别的歧视。
娜塔莎和她的第三代长安CS75plus
I got a Chinese SUV this year & been driving it for six months and it's been reliable so far. A Japanese brand with the same Tech and features would have cost me 50k-60k. I'm happy with it.
th-cam.com/video/SlBv7cVg0Vk/w-d-xo.htmlКитайский зять подарил автомобиль Changan 2023 года выпуска непосредственно семье своего тестя-казаха. Говорят, что это единственный внедорожник Changan 2023 года в Казахстане.一个中国女婿直接送给他的哈萨克斯坦老丈人一家一辆2023年款的长安汽车。据说是哈萨克斯坦唯一一辆2023年款的长安SUV
A large number of Chinese brands will soon be manufactured and assembled directly in Kazakhstan.
This is why geopolitics is bad for business. Trade makes everyone rich; sanction makes everyone suffering.
Uncle Sam loves poor people and that's why they're creating so many of them in the US.
tell that to Putin
There must be some moral standards in the world!
Where you renounce to some personal benefits for some values.
@@brianliew5901 US consumer market is equal to Europe, China, Japan, & India COMBINED.
Keep coping.
@@abdiganiaden
Russia 11 time zones and 6,200 tzar firecrackers can end your monetary system. 😂
Anyone who's ever driven or even set foot in a Chinese EV, be it BYD, Nio, Li or any other brands, will understand why Japan and Germany are losing the race. They're just products of different eras.
And those who worry about the "quality" of Chinese EVs simply haven't seen one yet.
Illegal copies off foreign technology. Chinese export foreign name brands also. Chinese quality is worst-Ask the Chinese.
@@kevinkevinkevin1909 Ah yes Chinese auto makers copying foreign technologies that doesn't even exist in foreign countries😂😂😂 Chinese EV market is far more diverse than US's. Do you know Tesla is switching to BYD batteries?
A 10 year old mercedes in Finland costs above 30 000€ at the moment. It is laughable.
@@kevinkevinkevin1909你说的对，比亚迪2008年生产的第一辆新能源汽车抄袭了2014年的特斯拉。
Didn't GM buy shares in European car brands to gain access to their technology, and then sell those brands after learning everything? In my opinion it's good when car companies create jobs in Russia to help people provide for their families, even though they didn't start the war. If Biden starts a war, what should we do about American citizens?
I hope China will export more products to Russia to help the innocent Russians.
Chinese car are good now... They're not like the one that was in 90's or 2000's, that easily break and can't be repaired.... Now they are built tough and reliable.... Chinese car build quality is good as european cars while the price is the same as japanese car..... I can say that because i already own japanese cars, european car, and my last car is a chinese car
nice car
Here in Australia, we definitely see more Chinese brands on the road now, haval, MG, LDV and great wall pickup, most recently BYD VE.
When I was a kid, I never thought that WSJ would one day mean World's Silliest Joke! 🤣🤣🤣🤣🤣
Do you know how expensive the cars are in Canada? And you have to wait a long time. But in China, even Toyota in Guangzhou has to layoff 10% workers due to the decreased sale even with lower price and promotions that you cannot see in Canada now. So I wonder is the worldwide shortage a lie or an excuse to keep high profit?
It also proves only a fully competitive market is beneficial to customers. Like in China, you have much more choices than in North America. That's why the competition in China's market is so crazy. This is also same to telecommunication industry.
This report makes it sound like the Russian market can make or break an industry. lol. It's the Chinese market that matters. China's car manufacturers thrive despite of lack of access to the U.S. market. I like some Buick models (e.g. GL8) that are sold in China, but they are not sold in the U.S. It's like the U.S. car manufacturers treat American consumers like 2nd-class customers.
Americans look down on Buick, but Chinese people like Buick.
@@postahundredcommentsbutonl4408 Just read about Buick Electra E5: "The all-new large five-seat electric SUV is the first of a new generation of Buick EVs developed on the Ultium platform for China." Buick is surely giving their best in China first.
Even when it comes to some gaming laptops, Chinese market gets the most spec'd.
I knew this war would make China stronger.
Well, China is economically capitalist not communist. They make financial maneuvers that's opposite of communist philosophy.
@@hangten1904 we didn't talk about the forms of systems for 30 years. Yes, you're right, about economic capitalism, but in China, we don't care about the forms. What is good for China, we do it, and change our policy dynamically. As a Chinese living in Australia, I really hope we can find a way to live togother
thing is China avoids war compared to USA and Russia. They would rather take over the global market than the world.
Before you say anything yes I'm aware China is not good either but tbh China is easy to counter just don't give in to their sweet words easily. They're like the evil business man but will not harm you
It also made Russia stronger than it has been in decades.
Until China gets sanctioned for their reckless support of Putin.
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.....
You are right, to be a successful person in life require him or her of hard work and time
The thing about been successful is working toward it and not going the other way round
It's obvious everyone is doing this online Investment
@@kirstenraedmund7346I totally agree with you it has been an eye-opening experience for a lot of people.
Investment is the key to achieving success with the current pandemic slowing down so many businesses aww
Calling a business who's just selling their products a "sponsor of war" is disgusting
it is ok, the USA is the biggest buyer of Russian uranium even today, so the US nuclear power plant is the biggest "sponsor of war" and biggest "sponsor of russian nuclear industry"
No need to be so hysterical about it. Ukraine has the right to object to foreign people, companies, and countries supporting their invaders.
@@sudopudgeso does the rest of the world? should we call the same car-market who sell in Israel? or in US during Iraq war?
@@sudopudge I hope you have the same mindset when it applies with Israel.
i like watching news from TH-cam, because I love reading the discussions from global people much more than the one sided biased narrative contents from the western medias. ❤ The eyes from the masses are bright and sharp❤🎉
When I visited Dubai, I got one car on a rent and I never heard of it's brand. It was called JAC and i was quite impressed with the car. Chinese cars could really challenge western cars in the future.
They're really challenging them now and even quite ahead in EVs
Chinese cars are the future
Also we have JAC in our country since a while and it's a pretty decent brand, never heard anything bad about it
There prices are also pretty competitive!
应该是叫 nio
In fact, if it can rank on the best-selling car rankings in China, it proves that it is a good car. After all, most car models from car brands around the world are sold in China, and consumers do not compete with their own money to buy bad things. In recent years, Nissan and Toyota's sales in China have experienced a severe decline, as in addition to the inertia of the older generation, young people have too many choices and more high-quality choices. Tell a few jokes and ask: A tank500, what happens if the electronic facilities inside the car break down? Answer: It will become a more expensive land cruiser.
Comments here are way more informative and objective than the narrative in the video. Well done WSJ!
Yet China has fully opened its auto market to the US, which has not
WSJ might want to be more concerned over bad PR in China of American companies being American than Chinese companies PR for selling cars in Russia.
The fact that American companies from cars to electronics relies on China as their biggest market while US government is actively hostile toward China isn't a situation that's going to last.
Imo US needs to return jobs back from China. If it wasnt for western companies then China wouldn't grow as fast and thats a fact. But capitalists are only looking for profit and cheap labour.
World does not revolve around ukraine and europe.
Egzaktly
Weird how this morning's paper didn't mention the US credit downgrade. Anyways, any news on aliens?
More credit downgrades coming if the US pushes ahead with was against China 😊
What paper do you read? It's been all over the news. And how did you find out about it?
It was reported in media, that the UK is still trading with Russia. So much for sanctions.😅
This film really fits my stereotype of Westerners. It seems that the rise of Chinese cars was achieved through the divestment of foreign companies, but it does not mention the cost-effectiveness, quality, and market competitiveness of Chinese cars. In the arrogant view of Westerners, China's rise is the result of Western charity
this video sepcifically talks about Western sanctions helping Chinese manufacturer increase exports to Russia
like, that's the whole topic of this video, obviously it's going to talk about that (?)
Germany accused China of electric cars being too cheap, which affected the prices of cars in Europe. But in fact, those electric cars can be cheaper in China, and the price is only half or even one third of the European pricing. I think China electric car companies have considered the voice of the European market very much, but they are always accused.If a product is cheap and good, it should be praised, not accused of being a conspiracy just because it comes from China. For consumers, there are more choices.
@user-xo5gp4bs6v
European automakers simply cannot compete with Chinese automakers in a free market.
Due to the Chinese having much cheaper energy and labor costs, as well as them being ahead of the curve when it comes to EV technology and manufacturing.
Its not about whether they are cheap. Its about whether they are heavily subsidized. And the problem for you as a consumer rise when the market shrinks your options when competitors are pushed out and you dont have a choice anymore.
@@hollowgonzalo4329 in a free market the Chinese manufacturers wouldnt even exist lol
they were all started and funded by the Chinese government, to this day they are heavily protected by the most harsh trade regulations against foreign manufacturers
European and US brands can't even own a majority of their own plants in China, they are legally required to be majority owned by a Chinese firm within a joint venture
@@_Dibbler_ But these subsidies are legal. These are subsidies for green energy, the same subsidies are made by the European Union on a huge scale
@@benzo___ Your understanding is quite amusing. Tesla comes from China's biggest enemy - the United States. However, the Shanghai government at that time saved Tesla, which was on the verge of bankruptcy (under the premise of a contingent agreement: almost giving away the land for free, and taking only 13 months from construction to production) and allowed Tesla to enter China as a wholly foreign-owned enterprise.
China’s automobiles have obvious advantages: they are cheap and durable. Not everyone can afford luxury cars. This is the reason for the rise of Chinese automobiles, and they will continue to expand the market scope.
Chinese cars are selling well in Europe and Australia as well.
Don't forget to mention Asia esp Asean. Low tech ageing looking West and Japan brands will have a very hard time facing Chinese top quality PHEV & EV.
They are struggling in Europe, partly because they are overpriced.
@@Storm4155 European tariffs are too high.Electric cars have always been inexpensive in the Chinese market, and because of the high tariffs, they sell for a lot of money in Europe instead. Many countries in Europe want to protect their electric car industry
@@nxuevjxind Also, the Chinese carmakers face stiff competition back home and price accordingly, so they are trying to get as much profit as they can out of the European market. This is a mistake, as they are trying to break into the European market, which is not familiar with these cars. So, it's a wrong strategy.
US & EU are not international markets, the world is so big , here in Southern African countries they're lots of Chinese cars on the road than any others. I also watched a report that its the same in some part of Latin America
Correct, us eu are just a minority with no value printed currency. The world majority will survive and prosper trading among themselves.
US and EU hold USD and EURO as their currency respectively. Which makes them the number 1 defacto player in international markets.
See 👀 😂 sanctions don't work to a big country like Russia that have abundance of minerals. Sanctions have backfired. Slava Russia 🇷🇺 from South Africa 🇿🇦.
Right which is why their main export of oil and gas saw a 43% drop off in revenue… because obviously sanctions dont work 😂😭
They have been alienated from over half of the world total economy. In which way do you think that is something that is insignificant?
@@Kbcqwdon’t cry)
@@KbcqwDude, the Russian economy will grow + this year. And this is under "sanctions"
@@romalee6401 thats a bold prediction considering that russias gdp fell by 2.2 y/y in q1 2023 😂
@@Kbcqwprobably fell by more. They are likely overstating their economy, similar to China does.
China will be the largest exporter of everything in the near future 😂
even the chips, just need few years😂
My dear brother is now that the largest trading partner in more than 140 countries around the world is China, while the United States has only 6 quantities.
There's also another factor: Japan just banned all exports of second-hand vehicles to Russia. The Russian Far East depends on JDM vehicles, even if the steering wheel is on the wrong side.
Right, and there were moves to try and make (at least the far east) a LHT region. If Japanese cars truly become unobtainable, maybe Chinese LHD cars will make driving in the far east safer for new car buyers.
SIR MY INDIA IS THE REAL SUPERPOWER NUMBER ONE 🤗🇮🇳 WE HAVE THE BEST INFRASTRUCTURE AND HIGHSPEED RAIL 🤗🇮🇳 MEANWHILE IN CHINA PEOPLE STILL RIDE RICKSHAW EVERYWHERE AND THEY ALSO POOR DONT HAVE CAR . THIS WHY IM SO LUCKY LIVE IN SUPER INDIA THE CLEANEST COUNTRY IN THE WORLD 🇮🇳🤗 , WE NEVER SCAM! WE GIVE RESPECT TO ALL WOMEN THEY CAN WALK SAFELY ALONE AT NIGHT AND WE HAVE CLEAN FOOD AND TOILET EVERYWHERE 🇮🇳🤗🚽, I KNOW MANY POOR PEOPLE JEALOUS WITH SUPER RICH INDIA 🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳🤗🇮🇳
Japan always dump all used cars to countries like Myanmar, Cambodia and Russia. Time to see alternative and bet that Chinese can make similar cars for same price but new! Time to be independent form Japn for cars.
@@MuzzaHukka In the Russian market, Chinese cars are actually completely replacing European, American, Japanese and Korean cars. This market is voluntarily withdrawn by Europe, the United States, Japan and South Korea. My personal suggestion to Chinese auto companies is to trade in Russia's current European, American, Japanese and Korean cars while selling new cars. Since then, European, American, Japanese and Korean cars have been completely removed from the Russian market.На российском рынке китайские автомобили фактически полностью вытесняют европейские, американские, японские и корейские автомобили. На этот рынок активно выходят Европа, США, Япония и Южная Корея. Мое личное предложение китайским автокомпаниям - торговать нынешними российскими европейскими, американскими, японскими и корейскими автомобилями, одновременно продавая новые автомобили. С тех пор европейские, американские, японские и корейские автомобили полностью убраны с российского рынка.在俄罗斯市场上，中国汽车实际上正在全面取代欧洲，美国，日本和韩国汽车。这个市场是欧洲，美国，日本和韩国主动退出的。我个人给中国汽车企业的建议是在销售新的汽车的同时，把俄罗斯现在的欧洲，美国，日本和韩国汽车进行trade in 。从此彻底把欧洲，美国，日本和韩国汽车从俄罗斯市场上清除出去
Sure cause one of russians main allies with whom they share a border cant just fill in that gap ?
Sure its gonna be hard to buy new cars and establish new supply lines for spare parts but it doesnt matter.
I saw some eye catching cars in Scandinavia cities & airport and only learn those are Chinese cars. Not ruling if I may go for a Chinese car next!
Having been interested in recent developments in the fast developing Chinese EV industry, I would suggest you look into several top models if you really are interested in a Chinese brand EV. Right now the best reviewed vehicles include the brand new Xpeng G6 (so impressive that VW just spent 700 million USD for a 5% stake in Xpeng), Geely's Zeekr X, an excellent subcompact crossover (and IMO superior to its sister cars the Volvo EX30 and Smart #1), and if you are more budget minded, the MG4 has also received almost universally great reviews.
Isn't it strange how the Chinese are carefully and very deliberately hiding the Chinese-ness of their brands. The stench of desperation to hide behind bought-out Western brands and funny acronyms ("GYM") stinks to high heaven.
@@benfowler1134you should take a marketing course to understand why
The Chinese car now are too best in the world.
@@koonlam552 - don’t be too sure! Still have more rooms to improve. Japanese cars are known for their reliability.
CHERY and HAVAL are actually good brands.
Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy
I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
Wow, really. I was able to make my $25k on investment
@@kirstenraedmund7346I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings
Assets that can make you rich
*FX
*Btcoin
*Stocks
*Gold
*Real estate
Not because of ignorance, it’s because of the high rate of unprofessionalism in the cypto market
How come they never mentioned that Geely is the owner of Volvo cars
volvo now owner by geely bro
So I guess this is the Time for the sour grapes to gather around….. 😂
Chinese cars are becoming more & more appealing & well built. My next car replacement will definitely be a Chinese EV SUV!
Chinese cars are so advanced these days. China has increased its cars export to Russia for five times🤓
My company's going to exchange its corporate fleet from Mercs to Chinese cars🙂
What country are you in?
@@michaelsrowland Russia
It's interesting to see the outline of one of the rarest recent cars from a small company, an Alfa Romeo 159, to symbolify a car next to the top car producers ;)
Are you kidding me? The Chinese internal market is so competitive, they will take on any risks to export to Russia. Because the pressure for survival is just too high if their only market is in China.
Capitalism
With or without the Russian market, China's cars will also become the number one in the world. This year, China will export 3 million cars, and Russia will import no more than 300,000 cars from China.
In China, the Chinese people called their own domestic made cars as, "coffins with wheels".
@@JigilJigil The average price of BYD in China has surpassed that of Toyota, Honda and Volkswagen. The four-wheeled coffin in China refers to Japanese cars.Because the steel strength of Japanese cars is not enough, and Japanese cars cut corners.
@@hi4806 stop lying my friend, all around the world japanese cars are known for their reliability. It's not even just the west, Middle east, Africa, and Southeast Asia all buy japanese vehicles for their reliability in their respective terrain.
It is undeniable that chinese cars have gotten better, but there is no need to lie about japanese cars cutting corners
@@emikomina😂😂😂日式古墓派
@@JigilJigil anda termasuk orang prustasi melihat china 😂
It is necessary to correct the point of view in this video. It is not because of the Russian market that Chinese cars became the world’s largest exporter, but the overall rise of Chinese cars (especially Chinese new energy vehicles). In the field of new energy vehicles, Chinese brand cars have achieved A global leader in this field. China is currently the world's largest market for new energy vehicles and the largest producer, with power batteries for new energy vehicles accounting for more than 50% of the world's total. Chinese new energy vehicles dominated by brands such as BYD, NIO and Hiphi will become the best-selling brand of new high-end cars in the world, while Chinese luxury cars dominated by BYD-U8 and U9 will replace today's global luxury brands in the future. . . According to European auto-related media reports, except for Tesla, China's new energy vehicles are ten years ahead of Europe and Japan.
Nice, now they can send the West 2% of everything being sold for stealing all the patents and technology from us...
It's because of both
In most of the developed world, countries don't import cars as much as they used to. Car companies setup factories in the respective countries and build the cars there so they don't have to ship them across the ocean anymore. Even BMW and Mercedes have the same economic models.
I guess all bad things will have an advantage for other nations
not surprised chinese car has the best quality, tech and price, and very good design and comfort, only few copycats(out of thousands brands) which are always magnified by non-allies
I got a Chinese SUV this year & been driving it for six months and it's been reliable so far. A Japanese brand with the same Tech and features would have cost me 50k-60k.
Quality🤣here in india anything with cheap quality is labelled MADE IN CHINA
@@misty.rizzer 🙂 India, only if labelling works in 21st century
@@Peter-ox8lj we have got our own multiple car brands😁not even a single chinese car brand runs successfully in india
@@misty.rizzer 🙂 happy for your gov, not surprised, Indian car no.1 in world
I think China has just taken over the international market. Their cars are real good value for the money. They're also stylish and very high tech. Here in my country in Africa there are more a lot of Chinese brands in streets though must are currently fossil fuel powered. Their EVs are slowly gaining market share
Какая страна? Вроде в Африканских странах есть проблемы с энергоснабжением.
Same in Brazil. Visited for the summer and saw a whole bunch of chinese car brands I didn't even know existed. Is it like a BRICS investment cooperation ?
No Chinese car brands in India--not part of BRICS investment cooperation?
Russian market accounts for a small portion of the world car market. The war is not the determining factor for China to take the prominent position in car export. Investment in the technology and the support of the government has been crucial. WD’s view is misleading,
In fact, Tesla receives billions of yuan in subsidies every year in China, second only to BYD.
In fact, Tesla has also received a lot of subsidies in China, and even the land of Tesla's Shanghai factory is provided for free.
The only way without destroying humanity is cooperation. It's insane to think about a war with Russia or China.
You need another superpower to rival the US to risk humanity. There is no such superpower. Just pissant powers with lots of screaming.
As log as people like XItler and Putler and their regimes are out there cooperation and peace are meaningless.
There can be no cooperation with fascists.
Where were you when the US invaded Iraq?
@@benfowler1134 There's no more fascism like in USA
You shouldn't have to pay so much for a car, the cheaper and affordable the better for people
98% of Tesla's parts are sourced from Chinese suppliers. Tesla is basically a Chinese car
Yeah the same with Apple products like iPhone
Therefore, Tesla's price in China is the lowest in the world (if it is counted as the US dollar).
So far no risks whatsoever and this beneficial connection will continue.
China population: 1.4B, India: 1.4B, africa 1.5B if these populations are still trading with Russia. Anyone sanctioning Russia is Isolating himself. Either way the US has only 330k population declining. It has no strong hand on consumption or on production, and it is going to get much worst in the future since India and africa are growing in population (consumers) and economically (producers) unless the west rumps up its green card system to increase its population or finds a way of reducing population growth in other countries.
Yet California has a bigger GDP than Russia… 😂
You forgot Indonesia Pakistan Bangladesh and middle East population is around 2 billion Muslim countries
Yup. Russia did the numbers and realize they can risk a war with Ukraine. They have other customers rather than Europe and the US. Europe's population is also declining.
The US is isolating themselves. and the EU as well for being a puppet of the US. it doesnt matter what sanctions you put on Russia or China they will work together and figure things out themselves. the only one who got problems later on is the west. all because they choose to be US puppets.
@@jukio02the only thing is that they don't have import or weapon systems anymore and have the problem of brain drain like Africa, China or the Muslim world
In the worst case, make two brands: one for Russia, one for Western countries. Budweiser (InBev) could have done something like this a year ago, and their sales would likely be at all-time highs.
Amazed by WSJ can always figure out interesting correlations
US: China! China! China!
It's not about the war it's because Chinese cars are affordable
And their service/warranty locations are where??
I got a Chinese Hybrid SUV this year & been driving it for over six months and it's been reliable so far. The fuel economy is good...6ltrs for 100km.also offering a 2yr warranty that's the kind of deal I couldn't pass up. A Japanese brand with the same Tech and features would have cost me 50k-60k.
Thx brandon
one person misery,
another person opportunity
As long as Chinese cars offer very competitive prices, there is no need to fear the association with Russia.
😏 Just keep a fire extinguisher handy 😏
😄 Oh, and probably store the vodka in a fire proof box 😄
@@DougguoD This is just beginning anyway.... Chinese cars will get better and better especially after Galium and Germanium export is banned.
@@satriojumeneng7055 You mean quality like the Xinese "investment" cities? 😄
@@DougguoD Have you compared New York's subway to Shenzhen's high-speed rail?
@@satriojumeneng7055 BYD is already better then Tesla.
The best person to get your opinion whether or not EV are better then the conventional combustion engine with hybrid are the taxi driver.
BYD will be the samsung of cars world wide in 10 years. It will be a common brand outside of the west
Actually I am not surprised at all. If you check the past 2000 years history, you will find most of time, China was the wealthiest and most productive country.
Chinese are hardworking people. Full respect to them
UA is no problem for Geely. It's a tiny market of 20M people. Half the people have emigrated or KIA.
Here in Somalia.
Everything is Chinese.
From smartphones to farm tractors.
this video failed to mention Geely is Volvo.
The other way around. Volvo is Geely. Same for Lotus Sports cars and London Cab
Geely owns only the passenger car division of Volvo.
@@123works that's the most visible part, no?
Who bought who? Ahhh that's right the one who got more money bought the trouble financial car maker
@@D_2_Mgeely bought Volvo
Good for both Russia and China. Smart!
Good for China but not that good for Russia specially the Russian people, Chinese cars are notorious for being junk like eveything else in China, so that, the Chinese people called their own domestic made cars as, "coffins with wheels".
Wondering what happens if the car stops working without a service network
@@antonsamuelsson1317
You are smarter than the car factories.
The China car brand already build 4S service stations in whole Russia and every other countries they sell cars to, over the past years.
Being patient and long range plan is something in blood for Chinese.
Man.. they're demolition Japanese brands here in GCC and the Middle East and they improving every year with affordable prices 😮
The risk of operating in Russia is no greater than operating in the Western world. Look at Huawei. Chill to the bone!
Good point!
More power to Russia and china for their mutually beneficial partnership.
Poor Europeans lost the car market in Russia to Chinese car made !! It is not this wonderful ???
The Audi Q5 I bought in China is like a pickup
Geely makes cars in Belarus. Once the war is over the GDP of Ukraine won't suddenly ramp up where villagers will be buying German luxury cars they'll be buying Chinese cars like they have prior to the war. Their domestic brand ZAZ would just assemble Chinese CKD kits.
I don't think Ukraine will exist as a Country after the 'special operations'. Ukraine would be dismantled and their states incorporated into Russia, just like when Americans invaded Mexico's Texas and took it for themselves at least till today.
The war will never end, just like Israel's war with its neighbours will never end. When Ukraine made it a war against Russian culture, they became the new Palestine, their suffering is permanent.
China owns the most advanced autonomous driving system in the field of electric vehicles, which does not rely on high-precision maps and can drive autonomously throughout the country.
The conclusion is really absurd. Western markets pose more threats to chinese industries than Russia. As we have already seen the Huawei saga, west perceive china as a threat. Chinese industrialist would always have these fear while expanding.
Honestly, only western rich countries worry if some chinese company car brand is working on Russia. I personally care about the price and quality, as i live in a third world country and have more to worry than a war in a country very far away from me.
Meanwhile you have to wait years for a toyota in Canada, with no other choices available
Since you drive on the right just import one for the same price you put down as down payment in Canada just to obtain financing. Someone commented, a Toyota Corolla going for 11k USD due to the high competition from local brands.