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Yeah, some scooter delivery chaps - thanks to Covid- are making 15-20,000Rmb/month, but in general, at least 600 million CNese are still suffering hard life plus not easy to find good-stanble jobs now. How many scooter delivery chaps are making 15-20,000Rmb/month now ?? Only few thousands I...

You don't see any significant extend bcs CN govt help the workers, who lost job in closed factories, find new jobs in real estate industry and another infrastructure projects like HSR which are in big debt now . Yeah, most of rich ppl in VN and CN like to buy lands cos they think land price...

As I know, Samsung is still one of the best selling in the US. Many of my American partners use Samsung due to big screen with cool sylus pen plus good battery and they don't have to worry about spyware like using CN's phones (Xiaomi, Oppo ) -------------------- You know, the rich is always...

CN's real estate crisis is too bad now and risks of bad debt for banks is also too high due to trade war and high interrest rate --------------------------------------------------------------------------- Chinese Homebuyers Across 22 Cities Refuse to Pay Mortgages Home loan payment halts may...

hundreds to thousand, bro. I mean the boss in CN may have to lay off hundred workers or even thousand ones due to weak demand for phones. Not only phone, people also reduce to buy other unnecessary products like furniture, home appliances , laptop etc and of course bosses in CN will have to lay...

Samsung reduces the number of working days of Vietnamese workers 10/06/2022' As noted by ETNews, Samsung Electronics has just adjusted the number of working days of Vietnamese workers. This seems to be an adjustment in the company's previous plan to cut smartphone production. Vietnam is...

Okay, and Samsung has a huge stockpile of 50 million devices, so those factories in CN that manufacturing parts for Samsung also suffer and soon will lay off hundreds to thousand workers cos Samsung don't need more parts right now. Iphone sale in CN also drop while Xiaomi start fleeing to VN...

True, Samsung has a huge stockpile of 50 million devices due to low demand, but Samsung also has memory plants in China, so both VN and CN are suffering now. But VN don't have trade war with US, so VN and US will find out the solution while US will be so happy to see more CN's factories close :p...

Binden want to lift tariff on Chinese goods, but the others say No. Yeah, sure, if US keep raising interrest rate, then let's bet Chinese exports to US will go down.

Its the report from Jan to Jun, while US start raising interest rate from July But now, new export orders from China to the US have slowed and businesses like Samsung U.S. - the 7th largest importer in the US, halved orders for July.

Many CN's factories may have to close due to weak demand, million Cnese will lose jobs, US is winning by increase interest rate to kill CN's factories. --------------------------------------------- New recession pressure emerges as factories in China lose orders 15:44 | 11/07/2022 Chinese...

According to China's Gray Book Report, the inventories of factories in the country are increasing, except for cars due to raising interest rates. In China, memory chip maker Semiconductor Manufacturing International Corp (SMIC) also said demand for consumer electronics and home appliances has...

LOL , When did I say "China is suffering labor shortage" ?? ------------------ Some Economists Question Strength of China’s Labor Market Official statistics suggest the unemployment rate has barely ticked up since the start of the pandemic, but the data fail to account for large parts of the...

This Chinese jobs crisis could be its worst June 20, 2022 By Yawen Chen A student stands in front of the statue of Chinese leader Mao Zedong after her graduation ceremony at Fudan University in Shanghai, China June 23, 2017. REUTERS/Aly Song HONG KONG, June 20 (Reuters Breakingviews) - The...

China reported has chip making machines.....:ROFLMAO: :ROFLMAO: :ROFLMAO: , we don't even see CN has its own part suppliers for the machine yet, let alone a completed chip making machine 🤣

CN doesn't have its own chip making machine to make chip for your "high tech" products . :cool:

Thanks for your information, so the salary for workers in Yunnan is the same with VN workers in 3rd tier cities. Bad news for Yunnan workers when shoes or textiles factories keep leaving CN due to trade war, so many of them will become jobless or at least have to find lower salary jobs ...

Actually , CN local govt want shoes or textiles factories to keep staying in CN, so they won't lose the Tax revenue (as I know, many CN local gotv are under big debt now due to the collapse of real estate industry ). Thats why CN let Myanmar workers to come to CN and u only need to pay abt...

Im not sure if Nike had lost considerable market-shares in China, but Nike also don't have a big market-shares in VN. Nike produces shoes in Vietnam mainly for export to EU-US. So, it prove that building Nike shoes factories in VN for export is much better choice than in Xinjiang when they can...

Yeah, but when the Fed raises interest rates, it becomes more expensive to borrow money. This means that every loan, from buying a house, to buying a car, to credit cards, to student loans, will cost more. Borrowing costs for small and medium enterprises are also higher, so people will buy less...