
Dec 04, 2024, 19:19
As Bonaparte said, let China sleep for when she awakes she will shake the World. But now president Xi says China has stood up. Janet Yellen was forced to complain China's economy was too big for the World to cope when the West imposed tariffs on China's EVs whining about "over-capacity" rather than actual "dumping".
"Donald Trump called former US president Jimmy Carter to discuss fear China is ‘getting way ahead’ of US"
The average price of those made-in-China cars: US$19,000. “That’s less than half the average price of a new car in America and Europe,” Dunne adds. “Consumers in every time zone are leaving their Chevys, VWs and Hondas in favor of new models from Chery, MG, Changan and BYD.”
. . .
“No one,” says advisory ZoZoGo’s Dunne, “can match BYD on price. Period. Boardrooms in America, Europe, Korea and Japan are in a state of shock.”
. . .
Already, it’s clear Chinese EV makers are on a tear. BYD, Leapmotor and Xiaomi already blew past their annual delivery targets — a month early. What’s more, BYD, Xpeng and Zeekr saw record monthly deliveries in November.
BYD, for example, delivered 504,003 passenger vehicles in November versus 500,526 in October. Its full-year deliveries for passenger cars already hit 3,740,930, exceeding the year’s 3.6 million target.
- Trump tariffs potential death knell for Japan automakers
Just as Tim Cook has used China to stay competitive, so too has Melon Husk with the Gigafactory in Shanghai producing over half the Tesla self-crashing, self-immolating death-pods. War criminal, The Donald, also wants China to build EVs in the land that the Anglos thieved off the native American in violation of written land-treaties.
As competition in China heats up, Tesla has had to slash Model Y prices by 10,000 yuan (US$1,371) to 239,900 yuan (US$32,000).
But saving $1,371 by buying a krudmobile with serious design flaws is false economy. Not only will you have to live with the flaws but your resale value will be severely limited too. The former Yob Gear moron, compared a Nissan GT to a Jaguar and admitted the Nissan was better in every respect including price and even in recyclability. The same is now true of China's EVs compared to Tesla where even Amerikans complain the Model 3 looks like it's been designed by a child.
And it's not just EVs, solar panels, hypersonic missiles, batteries and wind turbines where China is racing ahead.
"Quiet surge: China’s AI innovators doing more with less"
The Great Satan's Jim Crow tactics have only spurred China to innovate earlier. China already leads the World in high-speed trains, naval fleet, bridge building etc.
In REAL real-terms, China's economy is BY FAR the World's largest. India too has more external trade in nominal terms than the Great Satan. So war criminal, The Donald's, illegal tariff-war just means the Great Satan is retreating from the World stage and the global economy centered around the BRICS+ nations is where economic vibrancy will be.
China now has a manufacturing sector that is larger than those of the United States, Germany, Japan, South Korea and Britain put together.
- Disorder Metastasis
And projections say China will only grow bigger in the coming years.
The BRI will partially offset this, spreading manufacturing to BRI countries. Nations that boycott the BRI, such as the Great Satan and its vassals are merely cutting themselves out of contention. Even war criminal, The Donald, has admitted defeat in inviting EV car manufacturers from China to set up factories in the land the Anglos thieved. But can the Great Satan ever be trusted? Already, the weaponisation of exports by the Great Satan means manufacturers will avoid Great Satan components in their designs because the supply is untrustworthy. And even when TSMC tried to set up wafer fabs., things didn't go smoothly.
Challenger, Gray and Christmas report over 1,800 CEOs have quit, up 19% on last year's all-time record of over 1,500.
Gangster Motors has announced over $5bn in non-cash charges due to a decline in ICE engined krudmobiles sold in China.
Volkswagen has announced job cuts for the first time in its history.
Even Mercedes-Benz's quality has been dubious in recent decades, so charginge over €100 for an analogue clock as an optional extra, even if it's bespoke, is extravagant because EVs that aren't Tesla self-crashing, self-immolating death-pods are so much more reliable and virtually maintenance-free.
Michel Barnier's austerity budget of €20bn in tax rises and €40bn in squandering cuts has collapsed France's government. Barnier has pointed out that this won't change the fact that the unsustainable debt has to be addressed. Just as dollar hegemony is now over with BRICS+ dumping the "worthless paper" USD and ASEAN announcing they will follow suit, France has lost its CFA franc in Africa.
Poodleville's Finmin, Rachel Reeves, has also imposed a high tax budget that will fail to generate growth except in the short-term with her own state-sector squandering. The only "growth" will be higher prices.
The poodle financial sector continues to decline even as its krapmobile sector has already imploded, threatening the component supply infrastructure and wider industry that it supports. Amerikan bankster, Chris Whalen, has called Poodleville's quackonomy a "parasite".
Well, in my opinion, the Middle Kingdom is shaking Uncle Sam, and the Uncle to be is shaking his closest 5 eyed Allie's. One of them Shakes involves Ponaparte's territories. Offering Bonaparte the 51st state to stay on as a governor on one of uncles provinces..
I love it, the 5 eyed regime is falling faster as anyone could possibly forsee...
Community login
Add a comment