Posted by FortuneBull777 > 2023-06-08 00:12 | Report Abuse

Actually, China demise as factory of the world is sign of relief for the rest of producing nations!
Because for decades, China has walloped almost all form of goods been produced! You name it, China produces!
But with rising and unavoidable decoupling between US and China, We are witnessing a new paradigm shift!
More and more US companies are relocating elsehwere! Anywhere but China!
We already see the early sign of arrogant India! Since more and more are relocating there! Well, i won't place my bet on India! India is not China! India can't even build anything proper! Just recently a bridge collapsed even before completed! India can't even build proper roads for goodness sake!

Posted by FortuneBull777 > 2023-06-08 00:18 | Report Abuse

For China, this is beginning of new realisation! Because at the moment, millions of factories have close shop for good!
Property prices in China are diving! The good times is over! It's going to be a very painful period!
Some say stagnation! But i believe it's deflation in nature! Where you just have too much factories ready to do business but there's just no demand for it! No new investors from US and EU! No buyers willing to do bulk purchases from neighboring countries like what US can do!
For the first time in China fast pace industrialization, China finding itself to be alone!
Sure! At the moment Chairman Xi is high on pedestal, want to be the new Emperor of New World Order! But on the other hand, he is facing domestic economy problem or more precise disaster unfolding!

Posted by FortuneBull777 > 2023-06-08 00:22 | Report Abuse

Will Malaysia be affected by China new found demising status! No, of course not! Since US and EU can relocate their factories here!
So why is currently bursa and ringgit so weak! Ask PM Anwar! He bragged he is world best finance minister!
Which i have always said that Anwar is just phony! No vision! No direction! Once on top, Anwar lost his moral compass! And now playing new tune forcing PH supporters to drink turd new PH BN narrative!
And while bashing T20, PM Anwar has no idea how to revive our economy! He is clueless just like what he did during BN time!

Posted by qqq47660 > 2023-06-08 01:49 | Report Abuse

no country can replace Chiina manufacturing prowess, unless China wants to get rid of lesser profitability ones.

Posted by qqq47660 > 2023-06-08 01:51 | Report Abuse

employment? all the factories are using robots , not labor.....................

employment for China will be in service industries.

Posted by qqq47660 > 2023-06-08 01:53 | Report Abuse

FDI going into China is at record levels.................................

Posted by foongsh > 2023-06-08 08:56 | Report Abuse

Funds moving out from China very fast because economy unstable caused RMB depreciate very fast.

Posted by qqq47660 > 2023-06-08 09:06 | Report Abuse

there is what americans want................................and then there is reality and facts based.
Foreign direct investment into China increased 2.2% from a year earlier to CNY 499.46 billion or $72.26 billion in the first four months of 2023. source: Ministry of Commerce of the People's Republic of China

Posted by IDQWE001 > 2023-06-08 09:19 | Report Abuse

Posted by foongsh > 20 minutes ago | Report Abuse

Funds moving out from China very fast because economy unstable caused RMB depreciate very fast.

China products export to US dropped 20% in May but inport from ASEAN, India & Mexico increased.

Posted by qqq47660 > 2023-06-08 09:25 | Report Abuse

the world is not America.................................................

Posted by qqq47660 > 2023-06-08 09:26 | Report Abuse

usually China bashers come from USA and Taiwan separatists..........................but what is a malaysian doing eat sleep drink also want China die.

Posted by qqq47660 > 2023-06-08 09:27 | Report Abuse

if China sneezes, rest of the world catches the cold.........that is reality.

Posted by foongsh > 2023-06-08 09:52 | Report Abuse

Posted by IDQWE001 > 31 minutes ago | Report Abuse

China products export to US dropped 20% in May but inport from ASEAN, India & Mexico increased.

After global supply chain completely done, the futures are India, ASEAN.

Posted by Sslee > 2023-06-08 10:00 | Report Abuse

A light reading.

*Professor Dennis Etler*
*American political analyst who holds a doctorate in anthropology from the University of California, Berkeley*

*As I See It:*

*Why is it that the West is so preoccupied with China? The usual answer is that China's economic growth is challenging Western global hegemony which has held sway for at least 250 years. The Chinese military has also reached parity with that of the West, so it is no longer subject to Western intimidation and bullying. All that is true and reason for the West to want to savage China and portray it as the root of all evil.*

*But there is one other consideration that must be taken into account. It's not only China's economic prowess and military might that frightens the West, it is also China's success as a nation versus the West's failure.*

*Moreover, China has forged a society in which there is harmony between its different ethnicities in contrast to the systemic racism that characterizes Western society.*

*Western ruling elites and their media mouthpieces do not want to acknowledge the fact that China has eliminated extreme poverty while more and more of their own people descend into poverty. They do not want to admit that China has constructed a 21st century infrastructure while they lag far behind. They do not want to confront the fact that the Chinese people ⁹overwhelmingly support their government while people in the West have lost confidence in their own, they do not want to accept that China beat COVIDC-19 while they haven't, and finally they are loathe to accept the fact that a non-white nation has out performed them and will continue to do so into the foreseeable future.*

*In order to deflect attention away from these truths the West has concocted a series of lies and slanders that allow them to deny reality. Instead of poverty alleviation the West imagines "genocide." Instead of the advances in HSR, EVs, alt-energy and e-commerce they focus on "IP theft," instead of a socioeconomic system that serves the people, they accuse China of forced labor and forced sterilizations. Instead of seeing China as defending its national sovereignty in the South China Sea, Hong Kong and Taiwan, it's called an aggressor.*

*All the China-bashing serves multiple purposes but ONE of the main reasons is to make sure that people in the West do not get to hear nor see what the real China is all about because if they did they may get ideas that the Western elites don't want then to have, such as socialism works for the betterment of the 99% while capitalism works primarily to enrich the 1%.*

Posted by IDQWE001 > 2023-06-08 10:03 | Report Abuse

Tesla reworks battery supply chain to officially max out the Model 3 tax credits

Tesla has managed to hit the 40% minimum of critical battery minerals threshold so that even the cheapest Model 3 now qualifies for the full $7,500 amount of Biden's new EV tax credits. While Elon Musk claimed so over the weekend, the US government just made the RWD Model 3 eligibility official.

With the tax rebate Tesla continue to lead the EV market.