Row 59444

Row ID: 59444 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 59444 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Xi Jinping had bet on a switch to a consumer led economy after decades of record capital investment, sustained by rising industrial exports.

Today : - Capital investment in infrastructure logistics and real estate has slowed down considerably ( besides energy transition) - The consumer market is not taking off as planned - technological development is not driving growth ( and tech has been severely curtailed by the Chinese administration)

So it's a matter of survival for China's economy that they double up on industrial exports.

If the West lets them, the low cost Chinese industry will decimate the automotive sector and its value chain, just as it did with sectors ranging from clothing to solar panels. If we put a stop to it, (the EU's Foreign Subsidies Regulation adopted by Europe being the likely cornerstone, alongside carbon tax) retaliatory measures have already been [lined up ](https://uk.news.yahoo.com/china-may-raise-tariffs-us-235834536.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEBbKsKiY2rcu5WFakwZAFNoB84Hzz7GGsaie5FDnipROM3qi1qBzWXchHmKdF2vjHjj0wNQp5DLXnAR-yfMbIHOA5MuGWKN3Npj4HzFskWZU1NaWYLNfI-4i0vc6JdbMT63dlQYRbkCnF2qFwqhQuUMTPIEbudcEAo_TNQ0cqXh) by China.

Xi and his administration are not used to taking prisoners. Given that they're trying to save their own economy, itself plagued by humongous debt levels, in order to stay in power, we can expect them to be ruthless. The last alternative is to invest in weapons... And eventually use them, not a very sunny outlook.

In the end, European car manufacturers are doomed either way (either they lose their home market or they are pushed out of the larger China market) . Cognac and wine will probably become much less expensive on our shores too. That may become the least of our troubles.

European countries will disagree as usual between those who support low cost imports at the expense of industry jobs (there's a EU commissioner whose career seemingly predicated on protecting consumer rights has helped make Europe a globalists's dream, at the expense of energy and industry independence, expertise without consideration for fair trade or sustainability.

FieldValue
text Xi Jinping had bet on a switch to a consumer led economy after decades of record capital investment, sustained by rising industrial exports. Today : - Capital investment in infrastructure logistics and real estate has slowed down considerably ( besides energy transition) - The consumer market is not taking off as planned - technological development is not driving growth ( and tech has been severely curtailed by the Chinese administration) So it's a matter of survival for China's economy that…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-23
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Raw Record

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  "text": "Xi Jinping had bet on a switch to a consumer led economy after decades of record capital investment, sustained by rising industrial exports. \n\nToday :\n- Capital investment in infrastructure logistics and real estate has slowed down considerably ( besides energy transition)\n- The consumer market is not taking off as planned \n- technological development is not driving growth ( and tech has been severely curtailed by the Chinese administration)\n\nSo it's a matter of survival for China's economy that they double up on industrial exports.\n\nIf the West lets them, the low cost Chinese industry will decimate the automotive sector and its value chain, just as it did with sectors ranging from clothing to solar panels. If we put a stop to it, (the EU's Foreign Subsidies Regulation adopted by Europe being the likely cornerstone, alongside carbon tax) retaliatory measures have already been [lined up ](https://uk.news.yahoo.com/china-may-raise-tariffs-us-235834536.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEBbKsKiY2rcu5WFakwZAFNoB84Hzz7GGsaie5FDnipROM3qi1qBzWXchHmKdF2vjHjj0wNQp5DLXnAR-yfMbIHOA5MuGWKN3Npj4HzFskWZU1NaWYLNfI-4i0vc6JdbMT63dlQYRbkCnF2qFwqhQuUMTPIEbudcEAo_TNQ0cqXh) by China.\n\nXi and his administration are not used to taking prisoners. Given that they're trying to save their own economy, itself plagued by humongous debt levels, in order to stay in power, we can expect them to be ruthless. The last alternative is to invest in weapons... And eventually use them, not a very sunny outlook.\n\nIn the end, European car manufacturers are doomed either way (either they lose their home market or they are pushed out of the larger China market) . Cognac and wine will probably become much less expensive on our shores too. That may become the least of our troubles.\n\nEuropean countries will disagree as usual between those who support low cost imports at the expense of industry jobs (there's a  EU commissioner whose career seemingly predicated on protecting consumer rights has helped make Europe a globalists's dream, at the expense of energy and industry independence, expertise without consideration for fair trade or sustainability.",
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