Looking the alibaba prices for used and new equipment, i cant see any price drops due over supply least when writing this. I would think the prices specially for second hand lathes etc would drop cause of this, but what i'm seeing is pretty much same prices what we have locally and would need to pay for the shipping top of that and not being able to go check the machine my self and only relay on pictures+buying internationally. How ever i'm looking equipment that is under a 1K or bit over and havent paid attention at all to machines above 5K so those prices might be far cheaper than before.
@@Hellsong89 Just because you haven't seen prices drop, doesn't mean they are selling. When it comes to used machine tools, I am sure countries like Pakistan and other neighbors sustain some demand. But I can say, categorically, manufacturing has absolutely slowed across a wide range of industries, and many factories are leaving, left, or are in distress. While other countries are absorbing some demand, they are very price conscious.
Yup. Instead of asking the business owners what they need and make good on what has to be done. China is where insanity and lack of common sense reigns supreme.
yep this is the reason why china is rich due to cheap labor yet officials daily raids these company for their own profits i bet the higher ups never knew of any of these extortion from lower class authority/mayor that is why these extortion required on cash not in the bank cause its easy to hide the money while the company closed down due to heavy in debts and the factory is closed and it would be sold for cheap while the new buyer of that company need permits from lower class authority like the mayor of that town needs money to get permits and the land that factory was build on also required money cause the land in china was borrowed it won't be ever owned by these factory owners so each year new land tax would be imposed to these factory which mean give the power of extortion of these lower class authority and if your business owner have to adjust in advance to earn money/to break even from their investment
This represents only .000001% of their industrial might. They are a world manufacturer, don't be misled by any of these pictures. Their GDP was 3 times USAs back in 2015 which couldn't be reported since most national deals are hidden behind the great firewall. They are the number one trading partner with most nations. CHINA domestically poured so much concrete in 2012, the atmosphere of the earth warmed to an extent that some countries experienced fall temperatures throughout winter, ie, concrete is the number one greenhouse gas producer of carbon monoxide. The total amount of concrete poured was equivalent to all the concrete the USA has ever poured over its lifetime, picture that and you'll get some idea. They are currently pushing a reserve currency with BRIC Nations. China has waged and continues to wage economic war against all nations.
This happened to my industry 40 years ago and most of our old equipment ended up in India or China. However not all of it, and some of it we are still using but on a much reduced scale. Trust me, the old machines are better then the new ones and cost virtually nothing to buy and even less to service and repair. We now make far less but make a far higher profit on it. If the Chinese and Indians wish to make pennies on their products then good for them. I prefer to make several pounds instead and so now avoid large corporate buyers like I would terminal cancer. In my company if the buyer wants more of my products they pay more for it, not less or they don't get any at all.
More like south east Asia is taking it now But either way China is now feeling what thousands of american workers felt when globalism decided their jobs were better off in China
@@JooDawgNo? Ukraine has successfully resisted for 3 years. What was suppossed to be just a campaign lasting a few weeks for the Russians is now turning into an absolute nightmare for Putin. And Ukrainian troops have even been on Russian soil for quite a few months. And I bet things are not going to get any better for him. The Russians are light years further away from complete victory than they were at the beginning of the war.
@@JooDawgPootin expected to defeat Ukraine in a month or two. Its been 3 years. Now he's scraping the bottom of the barrel by begging North Korea for soldiers.
Do you really believe the theory vs the reality? We don't have capitalism in truth, instead we practice robbery and theft. We invade and steal to support the wealthy class. Please explain how stealing oil from Syria is an attribute of Capitalism. Idiots who want to control believe they can plan better than the people themselves. I won't get started on industrial espionage which is rampant. Long way from "Build a better mousetrap, and the world will beat a path to your door".
So many companies around the world search out cheapest labour rates, build a factory use cheap labour, no health and safety costs, make huge profits and when costs go up the companies move on. Quality is not always considered as a requirement. Buy cheap get cheap does not last.
Nah, what we get is business decisions to make poor quality stuff. China is very capable of making great stuff but they just need a corp behind it all to manage a good product.
Nothing new or big deal here, I used to deliver auto parts to GM plants and even in 1992, I saw yards like this but smaller scale at the back of auto plants, Even in 1992, I already seen first generation Allen Bradley SLC 150 PLC being scrapped as part of a machine. Be great if someone need one of these CNC machines to start a business, and likely be able to get it for almost nothing. Just scrap prices and some repair cost. Maybe American and European can shop there. As someone said below, old equipment never die, remember the old ways of canning drinks, a pull tab that separate from the can or two round weak points you press to open a can, those machines been picked up by third world countries in Asia and other places and they overhauled it and using it. Same with obsolete military equipment. Cheaper to send it to Ukraine and let the Russians do it than to actually scrap it.
The biggest problem is the world's view of "made in China" means junk quality. Low quality and very poor performance from stuff tagged like that. People quickly grew tired of being scammed and being send extremely low quality equipment. So they are going elsewhere to get better quality at a slightly higher price.
Everyone including Trump is boycotting China products, food, bonds and whatnot and they trying to hoodwink others on Digital Yuan . The world's sweatshop still thinks it is indispensable.
It may easily be overproduction problem and reliance on exports. Nothing unexpected in the highly centralised economy. China is sucessfull anyway. People will adapt. Wishing them stability and kindness.
This is also forecast to happen when an economy reaches certain levels of industrialisation/per capita wages. It does look like China now has ‘rust belts’ in its future, like America experienced. It depends now if they can properly move to a service based economy with proper regulation, respect for intellectual and financial capital as well as rule of law that is not at the whim of a State government or entity. Failing that they risk falling into a middle income trap.
Apparently people are not spending Money but their Savings Amounts went from 16 Trillion to 20 Trillion so don't count them out. Having a Fascist Government is not helping. Nor would having a Fascist Government help the U.S.
Such a culture difference. that it has to even has to be said that private businesses are what run the economy is strange... Ive never even been to a country where the biggest employer is the state..
The 80s recession? The 90s tech boom and manufacturing transfer? The 2000s 9.11 recession? Or the 2010/2020s continuation of recession by inflation/deflationary cycles?
@@commander57: China kept selling those mobile phones and India kept taking out those loans ??.... To open more Telco lines to keep spamming education sectors to keep opening houses and kept forcing china to be more poor ?.... Oh.... Well ...
This is the opposite of globalism; these are self-inflicted wounds on China perpetrated by the CCP. This is what happens when the government, in a planned economy, incentivizes risky behavior for its citizens and everything falls apart. It’s abundantly clear how the CCP financially fattens its citizens for slaughter, then comes in and takes whatever they want when enterprises fail. I’d feel sorry for the Chinese citizens but they’re literally too stupid to see how they’re going to be eaten.
@@dnomyarnostaw: That was how the skips were done and treaties signed and turned things around for HK... So.... The past 20 years are mostly about telecom, digital, internet and media.... So....
This seems scary.... but a natural economic situation in over funding followed by a demand crash..... In this case, the demand crash is primarily because of covid money drying out in the western economies... the future is complicated..... but China is now sitting on a big economic problem because every bet was made was based on the assumption of continued high growth....
Would you work for free? No? Then who will pay for you, and with what? Scale that thought to the rest of the world and you have why things are the way they are.
@@MrGerdbrecht what about the people who did not want to or couldn't work, or those who couldn't go to where the work was? It sounds like those people wouldn't have a choice in the matter.
China has a massive potential internal market. If it ran its country right then its economy would be booming. There are also all the potential markets overseas in Africa. SEA and Latin Amertca etc.
But their wages are not going up. They rather use the extra money for external use and not to give foreign banks to use inside the country, even for their own people ? So how does that work out then ?... So it loans outside of the country ? While inside the country, the people starves ?
Why not sell all those equipment to the western countries or other Far Eastern countries and India n Africa too. I’m sure India would by all your scraps !!!
Here in the USA, the unwanted unused machines are hidden. They're all in the factories sitting idle, and the giant pile is on the internet; on auction and scrap dealer sites. My last employer had three warehouses filled with junk and one building with working equipment in it. The rest of our unwanted capital is shipped to China to be put in this giant pile. Look around your factory right now and do a quick count of the machines that almost never get powered up.
Yes of course when there is authoritarian US government edict to de-risk from China… what do you think would happen? US companies and its allies companies don’t have a clear choice other than to de risk or else.
Just an opinion !! This situation for Chinese manufacture is unique while the world economy is slowing down. Too much greed and lack of respect by China for the rest of world manufacture had to crack. China was welcomed into the world economic forum, systemically grew fast discarding too much manufacture around the world until deficit spending got so big, countries are rebelling even if it costs them. Include the desire for the communist party to invest hugely in military assets and become a treat to world peace brings the world to this current situation. And its not going to go away, China will pay a big price and now has nobodies ear, western society are on track to squeeze China back into place. Goods are now being manufactured outside China with little desire to go back. Add China’s role in Brics and western society can’t just ignore what’s happening.
I am an American living in China for over 20 years. This video is accurate and reflects what I am seeing on the ground here.
GOD BLESS AMERICA 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
TRUMP 2024❤️❤️🇺🇸❤️🇺🇸❤️🇺🇸❤️
Seriously, stay safe there.
Looking the alibaba prices for used and new equipment, i cant see any price drops due over supply least when writing this. I would think the prices specially for second hand lathes etc would drop cause of this, but what i'm seeing is pretty much same prices what we have locally and would need to pay for the shipping top of that and not being able to go check the machine my self and only relay on pictures+buying internationally.
How ever i'm looking equipment that is under a 1K or bit over and havent paid attention at all to machines above 5K so those prices might be far cheaper than before.
@@Hellsong89 Just because you haven't seen prices drop, doesn't mean they are selling. When it comes to used machine tools, I am sure countries like Pakistan and other neighbors sustain some demand. But I can say, categorically, manufacturing has absolutely slowed across a wide range of industries, and many factories are leaving, left, or are in distress. While other countries are absorbing some demand, they are very price conscious.
Ha ha ha yeah right ...went to China to tour scrapyards .
They're deleting their golden gooses. That's how brilliant the ccp is. 🙄
Yup. Instead of asking the business owners what they need and make good on what has to be done. China is where insanity and lack of common sense reigns supreme.
yep this is the reason why china is rich due to cheap labor yet officials daily raids these company for their own profits i bet the higher ups never knew of any of these extortion from lower class authority/mayor that is why these extortion required on cash not in the bank cause its easy to hide the money while the company closed down due to heavy in debts and the factory is closed and it would be sold for cheap while the new buyer of that company need permits from lower class authority like the mayor of that town needs money to get permits and the land that factory was build on also required money cause the land in china was borrowed it won't be ever owned by these factory owners so each year new land tax would be imposed to these factory which mean give the power of extortion of these lower class authority and if your business owner have to adjust in advance to earn money/to break even from their investment
absolutely genius 😣
This represents only .000001% of their industrial might. They are a world manufacturer, don't be misled by any of these pictures. Their GDP was 3 times USAs back in 2015 which couldn't be reported since most national deals are hidden behind the great firewall. They are the number one trading partner with most nations. CHINA domestically poured so much concrete in 2012, the atmosphere of the earth warmed to an extent that some countries experienced fall temperatures throughout winter, ie, concrete is the number one greenhouse gas producer of carbon monoxide. The total amount of concrete poured was equivalent to all the concrete the USA has ever poured over its lifetime, picture that and you'll get some idea. They are currently pushing a reserve currency with BRIC Nations. China has waged and continues to wage economic war against all nations.
Trump : All which I touch turns to shite."
Xi: "Hold my beer"
Best outdoor art installation EVER.
Opportunity to start a factory elsewhere in the world with cheap machines.
Cost of moving, buying etc. Is too hight, if it not special rare one better simpler/cheaper and safer is to buy new one i guess.
America 🇺🇸
I need a Zeppelin to conveniently move one CNC machine.
@@lance8080AMERICA 🇺🇸🇺🇸🇺🇸❤️❤️❤️❤️❤️TRUMP 2024❤️❤️❤️
I would but i don’t have mıney to start business
Private enterprise in China 😂😂😂. CCP owns and controls everything.
no they do not, many people in China are very rich just like the US, Capitalism has worked for China
@@wishteria234 capitalism will only work in China when Xi is gone.
found someone who never was in china
They should farm on that land. Food shortages will come soon. Wasted land.
Everything was fine until Xi had a divine revelation with 'Common Poverty' back in 2021.
Excellent Episode!
This happened to my industry 40 years ago and most of our old equipment ended up in India or China. However not all of it, and some of it we are still using but on a much reduced scale. Trust me, the old machines are better then the new ones and cost virtually nothing to buy and even less to service and repair. We now make far less but make a far higher profit on it. If the Chinese and Indians wish to make pennies on their products then good for them. I prefer to make several pounds instead and so now avoid large corporate buyers like I would terminal cancer. In my company if the buyer wants more of my products they pay more for it, not less or they don't get any at all.
inflation! This is going to happen with chinese products now...
i agree with you about the older equipment being more reliable and cheaper to repair makes them economical.
I’m a huge fan of the channel. I watch pretty much every video you all put up. Thank you.
The amount of research they put into these videos is mind boggling!
Me too!! Great job! The CCP is being exposed!!!👏👏👏👏
All fake propaganda channel
@@DK-gj5sp what channels aren’t fake then? What makes the channels mentioned fake propaganda?
@@randywright7627This is the right channel!! Don’t listen to the 50 cent army CCP operatives☺️
Xi's common prosperity led to all these economic social and political issues.🎉
"what's happening to Chinese manufacturing." Same thing that happened to America when we sent those jobs to China. But we are taking it back now.
Yep!
I don't see us taking anything back yet.
More like south east Asia is taking it now
But either way China is now feeling what thousands of american workers felt when globalism decided their jobs were better off in China
Nah.. they are moving to the next cheap labor areas. That isn't the US..
Sorry nothing for usa they are rushing to the next cheaper investment countries malaysia Thailand Vietnam some to India.
Pride comes before the fall..
An impressively detailed report of a disturbing trend in CCP's governmental practice. Warmest compliments. Thank you.
Not to many little pinks on here. Maybe they got laid off.
Sorry, little pinks?
@@Rich77UK Its a Chinese term for young Chinese nationalists
Just like American workers and laborers under every president ever since.
yeah I noticed it too. Fewer Chinese bot for these past few weeks lmao
They’re not here cuz their Huawei tri folds all broke. 😬
Ukraine will take them. Even the US and Europe will. Ideal for military production.
Ukraine won’t exist long enough to need factory equipment 😂
@@JooDawgNo? Ukraine has successfully resisted for 3 years. What was suppossed to be just a campaign lasting a few weeks for the Russians is now turning into an absolute nightmare for Putin. And Ukrainian troops have even been on Russian soil for quite a few months. And I bet things are not going to get any better for him. The Russians are light years further away from complete victory than they were at the beginning of the war.
@@JooDawgPootin expected to defeat Ukraine in a month or two. Its been 3 years. Now he's scraping the bottom of the barrel by begging North Korea for soldiers.
Love your channel so informative
The US will be there shortly to buy them on the cheap, just like you did when we were selling out our manufacturing plants.
America build better machines than China
And the public that likes to buy foreign goods over American don’t forget those traitors
American companies don't need to buy garbage. Let the 3rd world make do with the hand-me-downs they get from us.
Eh, not sure how useful Chinese made “precision” eqpt would be…
It's in Chinese.... Those operating softwares.
made in China's products are of very low quality . i prefer to spend more $ for long lasting products...
Nearly everything you buy comes from China *and* you pay more. You should have seen this country in the seventies.
Very informative. I appreciate the clear and crisp voice.
When R2D2 finds C3PO in one of those junk piles, things are going to change!
The opening shot that pans the junk yard, looks like a scene out of the movie WALL-E (USA 2008 animated film).
When you are weak, make it appear that you are strong. When you are strong, make it appear that you are weak.
A planned economy is to capitalism what a bludgeon is to a scalpel.
Do you really believe the theory vs the reality? We don't have capitalism in truth, instead we practice robbery and theft. We invade and steal to support the wealthy class. Please explain how stealing oil from Syria is an attribute of Capitalism. Idiots who want to control believe they can plan better than the people themselves. I won't get started on industrial espionage which is rampant. Long way from "Build a better mousetrap, and the world will beat a path to your door".
Good news for Indonesia 😊🤲
Very sad situation for the hard working people of China.
CCP leadership SUCKS!!!!
Get lost. Worry about your next
Thank you for providing such detailed and high-quality information. Your channel is the most reliable source!"🙄🤗🤗🤗
Sad for the Real People. Pooh Bear for PRISON
So many companies around the world search out cheapest labour rates, build a factory use cheap labour, no health and safety costs, make huge profits and when costs go up the companies move on. Quality is not always considered as a requirement. Buy cheap get cheap does not last.
What sanction were placed on Vietnam?????
Alot of products from China are lowest quality. I will think twice to buy products from China .
Nah, what we get is business decisions to make poor quality stuff. China is very capable of making great stuff but they just need a corp behind it all to manage a good product.
bullshit
I find myself wondering; where will Xi run to when the People storm the castle?
into the mountainous area of central china also or into mountainous area at the border of mongolia..
Probably to South America where they hide all of the puppet dictators after they get deleted from the public eye.
It's not smooth to run a communist castle.
你的想法很幼稚,和你的学历有关😅
China need extra 10.000 news city’s. Extra 500.000 factory’s. Extra 35.000 news airports. Extra news 50.000 dames. To save the Chinese economy.
Nothing new or big deal here, I used to deliver auto parts to GM plants and even in 1992, I saw yards like this but smaller scale at the back of auto plants, Even in 1992, I already seen first generation Allen Bradley SLC 150 PLC being scrapped as part of a machine. Be great if someone need one of these CNC machines to start a business, and likely be able to get it for almost nothing. Just scrap prices and some repair cost. Maybe American and European can shop there. As someone said below, old equipment never die, remember the old ways of canning drinks, a pull tab that separate from the can or two round weak points you press to open a can, those machines been picked up by third world countries in Asia and other places and they overhauled it and using it. Same with obsolete military equipment. Cheaper to send it to Ukraine and let the Russians do it than to actually scrap it.
The biggest problem is the world's view of "made in China" means junk quality. Low quality and very poor performance from stuff tagged like that. People quickly grew tired of being scammed and being send extremely low quality equipment. So they are going elsewhere to get better quality at a slightly higher price.
Everyone including Trump is boycotting China products, food, bonds and whatnot and they trying to hoodwink others on Digital Yuan . The world's sweatshop still thinks it is indispensable.
It may easily be overproduction problem and reliance on exports. Nothing unexpected in the highly centralised economy. China is sucessfull anyway. People will adapt. Wishing them stability and kindness.
This is also forecast to happen when an economy reaches certain levels of industrialisation/per capita wages.
It does look like China now has ‘rust belts’ in its future, like America experienced.
It depends now if they can properly move to a service based economy with proper regulation, respect for intellectual and financial capital as well as rule of law that is not at the whim of a State government or entity.
Failing that they risk falling into a middle income trap.
Apparently people are not spending Money but their Savings Amounts went from 16 Trillion to 20 Trillion so don't count them out. Having a Fascist Government is not helping. Nor would having a Fascist Government help the U.S.
The secondary market for equipement is bound to become a death trap when the economy doesn't recover.
A small part of wants to buy some of those cnc machines
for a few pennies just to bring back some manufacturing to the U.S. .. XD
Cheap Chinese cnc machine will cost you more in the long run
@@JooDawg yeah, you're probably right ..
@@JooDawg Don't assume anything, especially if I can have a machine for $10,000 when I otherwise have to buy new for $250,000
@@tonylam9548 between malfunctioning and the quality of the cutting tools it’ll be $250,000 before it’s over. It’s $10,000 for a reason
A scrapers dream Jackpot
Progressing to economic disaster? What a modest opinion. It's already reached the cliff & headed overboard.
Isnt this what happened to British industry when it all moved to China? A lot of large firms are leaving China for Vietnam, Malaysia and India.
All the smart people have left China. Many have relocated to Singapore.
Such a culture difference. that it has to even has to be said that private businesses are what run the economy is strange... Ive never even been to a country where the biggest employer is the state..
Oh my...this is disaster.
The OOFconomy keeps on OOFing in China! OOF!
Saw this in America during the last recession.
This is multitudes worse. 😅
The 80s recession? The 90s tech boom and manufacturing transfer? The 2000s 9.11 recession? Or the 2010/2020s continuation of recession by inflation/deflationary cycles?
@@leighz1962 We are suitably impressed by your vast knowledge.😂😂😂😂
@@commander57: China kept selling those mobile phones and India kept taking out those loans ??.... To open more Telco lines to keep spamming education sectors to keep opening houses and kept forcing china to be more poor ?.... Oh.... Well ...
Peak globalism a reality for all concerned
This is the opposite of globalism; these are self-inflicted wounds on China perpetrated by the CCP. This is what happens when the government, in a planned economy, incentivizes risky behavior for its citizens and everything falls apart.
It’s abundantly clear how the CCP financially fattens its citizens for slaughter, then comes in and takes whatever they want when enterprises fail.
I’d feel sorry for the Chinese citizens but they’re literally too stupid to see how they’re going to be eaten.
Find out if they are steel or aluminum, then buy it at bulk if you have a refinery for smelting them for export.
Worthless idea. Freight costs would make it unprofitable.
@@dnomyarnostawIkr, the fool is as dumb as a CCP stooge
@@dnomyarnostaw: That was how the skips were done and treaties signed and turned things around for HK... So.... The past 20 years are mostly about telecom, digital, internet and media.... So....
당연한거 아닌가?
This is reflective of a production system moving towards AI. These equipment are obsolete and duspised to the junkyard.
This seems scary.... but a natural economic situation in over funding followed by a demand crash..... In this case, the demand crash is primarily because of covid money drying out in the western economies... the future is complicated..... but China is now sitting on a big economic problem because every bet was made was based on the assumption of continued high growth....
who is Ben Krupptzi?
Where can we buy these equipments?
Export it to indonesia! I'm sure they will buy it! Because they love to buy a thing with lower price. 😅😅😅😅
Please share location. So that we can buy these machines
I wish I could afford to buy some lol
How are these crooks going to sell the use of Digital Yuan?
16:22
Vowel
AI will take over many tasks. Labour force become secondary.
If we truly care about each other....EVERYTHING WOULD BE FREE 🙄🙄🙄🙄
Would you work for free? No? Then who will pay for you, and with what? Scale that thought to the rest of the world and you have why things are the way they are.
just one psychopathic jerk can ruin everything in a day
@@classydays43 We would work so all would be free and the system persists.
@@classydays43 Capitalism is just daily darwinian survival. And decisions out of survival are bad and inefficient in the long term.
@@MrGerdbrecht what about the people who did not want to or couldn't work, or those who couldn't go to where the work was? It sounds like those people wouldn't have a choice in the matter.
Ask Russia, India and South Africa.
Pakistan, too. Those guys could do with a few thousand machines to help with their production.
Gangsters in red
They make crap products anyway
China has a massive potential internal market. If it ran its country right then its economy would be booming. There are also all the potential markets overseas in Africa. SEA and Latin Amertca etc.
But their wages are not going up. They rather use the extra money for external use and not to give foreign banks to use inside the country, even for their own people ? So how does that work out then ?... So it loans outside of the country ? While inside the country, the people starves ?
Why not sell all those equipment to the western countries or other Far Eastern countries and India n Africa too. I’m sure India would by all your scraps !!!
Winnie machine junkyard sale
Looks like a salvage yard.
0:01 - 0:21 i thought it was a city..
Once forest
Are you telling me we can buy export industrial lathes and CNC machines for cheap? Hell yes - all we need now is an exporter to get everything moving.
This junk metals are money, 😂
Difference between democracy and communism
Why cant they just sold it to Africa or India or Vietnam 😅
Indonesia and India for sure. Vietnam is in slight trouble but would usually be a cheap labor target too.
It feels bad to see a game designer I loved going down the tube. Rip Rising Sun.
Here in the USA, the unwanted unused machines are hidden. They're all in the factories sitting idle, and the giant pile is on the internet; on auction and scrap dealer sites. My last employer had three warehouses filled with junk and one building with working equipment in it. The rest of our unwanted capital is shipped to China to be put in this giant pile.
Look around your factory right now and do a quick count of the machines that almost never get powered up.
Why Not just extort Tesla?
중국제 기계,중국제 장비, 중국제 공구,중국제 즁장비,즁국제 운송수단
ㅡ 메이딘 차이나 뮬건은 똥
Sim
MADE IN CHINA SUCKS!!!!!!!!!
Auction it off to other neighboring countries like Vietnam.
A new subscribers. How many videos do China Observer release a day. So far, I have watched 4. Too much of a good thing can be a bad thing.
World wide problem. Take good care of your own backyard first
I feel for the Chinese people; they deserve better than the CCP🙁
你太操心了,多关心一下家庭吧
Yes of course when there is authoritarian US government edict to de-risk from China… what do you think would happen? US companies and its allies companies don’t have a clear choice other than to de risk or else.
Make quality goods..not single use electronics ..or disposable clothing..we want things that last..bespoke…
America must swoop in and buy alll..as the japanese did to the Us inthe 80s
Help them by ordering from Temu😂😂😂😂😂
See what happens when you stop trade with the west and Europe
The accents sound not from China.
THIS IS WHAT HAPPENS WHEN YOU STRIP INDUSTRY FROM COUNTRIES AND TRY TO DO IT ALL YOUR SELF
Why would they Let this happen did'nt they care about the welfare of their??? there are hundreds in leaders they dont care.
If you poke an eagle in the eye he might fly past you the next time.
Xi thoughts: All companies should be state owned.
One word: Tariffs.
They should bring this to Wall Street. I would love to see those brokers and lawyers with fear on their faces!
Because xi was fighting all nations forgetting neighbour countries help them build the economy
Just an opinion !! This situation for Chinese manufacture is unique while the world economy is slowing down. Too much greed and lack of respect by China for the rest of world manufacture had to crack. China was welcomed into the world economic forum, systemically grew fast discarding too much manufacture around the world until deficit spending got so big, countries are rebelling even if it costs them. Include the desire for the communist party to invest hugely in military assets and become a treat to world peace brings the world to this current situation. And its not going to go away, China will pay a big price and now has nobodies ear, western society are on track to squeeze China back into place. Goods are now being manufactured outside China with little desire to go back. Add China’s role in Brics and western society can’t just ignore what’s happening.
Harvest seems to be a common theme with the CCP. 🤔
Like the roman empire, it will fall so sad
Looks like the wests realisation that Chinese goods is nothing but tat is coming home to roost😊.
They went to mexico
When will the CCP start selling opium to its people😅
12:41 now who buildings are crumbling. 🇺🇸😎👀👁🔫