Comments by "Persona" (@ArawnOfAnnwn) on "China Is Monopolising the Global Industry" video.

Shipbuilding is another industry that China dominates, and the west doesn't. They are the worlds' largest shipbuilder, while the US' shipbuilding industry is practically non-existent (Europe still has one, but only for cruise ships). This will be particularly important in the years to come, for reasons that shouldn't be hard to guess...
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@chrislee5685 The criteria is based on GDP per capita. Generally speaking developing countries are those with a GDP per capita less than $20k, under which China definitely still falls as its GDP per capita is still only $12.5k.
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@xiphoid2011 "US workers are.more expensive so for maximizing profitability" - the previous holders of the title of largest shipbuilders were South Korea and Japan, neither of whom are cheap places to build ships. Even China doesn't have the lowest wages. If it was about labor costs, it ought to be places like India or maybe central America if you want to be close to the US. But neither is close to being the case. Shipbuilding is a very large logistics heavy industry, where all the nations that have dominated it are ones that have built out a large integrated domestic supply chain. It takes a lot of investment to set it all up. If the US wants Mexico to do it, it had better be prepared to cough up a lot of cash, rather than endlessly argue over migrants. China is a major investor in Mexican manufacturing btw, albeit not in ships. They've been offshoring their low end manufacturing to cheaper places to do it for years, much like they themselves were.
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China's population is expected to decline to about 800 million - by 2100. That's 77 years from now. It'll also still be about twice America's population at the time (immigration just about makes up for the US' own birth rate deficiencies, resulting in a very low growth rate). Sure demographics for China are negative, but that's gonna take a while to bite. Meanwhile they have hundreds of millions of rural Chinese left to move up the value chain to somewhat offset low urban birth rates. This isn't gonna happen fast.
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@pakk82 Or it's just a topic that sells really well i.e. gets a lot of engagement, owing to being politically charged. There's no need for conspiracies - market forces easily explain the phenomenon.
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@vueport99 That money is owed to them, not by them. China is the world's largest creditor nation.
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This is literally covered in the video...
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"almost slave labor conditions" - this is an ironic claim considering one of the main reasons low cost manufacturing left China (and did so years ago btw, well before recent trade restrictions) is cos the cost of labor was too high. Wages in China are higher than in Mexico for instance, hence why some of that industry is shifting there. "defects within the span of a few months" - good luck becoming the worlds' largest car exporter with that kind of record lol. And yet they've done it. Did the world just all lower their vehicle safety standards or something?...🙄
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It's not about China not having AI technology, but that they don't have unicorn AI tech companies (what AI tech products China has put out are mostly by existing behemoths, like Alibaba, just to optimize their own businesses). And the reason for that is the Chinese stock market and VC ecosystem is weak. They have expertise, but not the finance. It's either existing firms, or the govt.
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@tomshady3530 Are you looking at the wikipedia page? Cos that only has data upto 2016. As per statista, China has around 49% of the market and Korea 44%. The two are still in close competition tho.
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@ThePoopsmith-12345 They are confirmed to be upto 7nm chips, which puts them just two steps behind the leading edge. That is well ahead of everyone save Taiwan and Korea. Also, ironically, militaries don't use the leading edge chips, as they haven't yet shown themselves to have sufficient durability and reliability. They stay a couple generations back to work with proven tech.
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@xaviercopeland2789 In that case you could say the same about China wrt Vietnamese manufacturing, and yet YT still keeps going on about how Vietnam is replacing Chinese manufacturing. The same logic you used for Mexico applies to Vietnam, so either that argument doesn't work or Vietnam isn't really changing much. The end result is simply that the US gets its sphere of influence, and China theirs.
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@ThePoopsmith-12345 That assumes literally every nation that owes them money were to default. And not just to default, but to also not renegotiate the money owed. That isn't happening.
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