Comments by "Joe Qi" (@i6power30) on "VisualEconomik EN" channel.

  1. One thing French got it right they kept their nuclear power unlike other chickens in Europe after Fukushima
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  2. Brics was never intended to destroy dollar. It's to provide an alternative international trade union to the US hedgemony.
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  3. Wishful thinking that Chinese will not figure out how to make advanced chips themselves. They can only copy right? that's what common belief among Americans.
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  4. China suffered no lies in the hands of Western imperialism and in WW2 was devastated by the Japanese and again the civil war and cultural revolution.. yet it came out way way ahead of India.
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  5.  @dennisestradda9746  You demonstrated my point exactly.
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  6. They were only able to adapt after the old system was completely destroyed - Meiji restoration, and post ww2.
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  7.  @noah-ni3ee  wind and solar are even more subsidized and not economical and even more over hyped
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  8.  @DavidGoggins-wk2wp  the level of atrocities are incomparable. PRC has never committed mass murders like Japan did in those regions. Those lands have been incorporated into China for a thousand years already. Japan has been convicted of war crimes in international courts and their cruelty is well documented.
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  9. not if you lose your jobs. thats what will likely happen if stock market tanks.
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  10. ​ @eduwino151 you are not forward looking..brics has more growth potential because of its population size
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  11.  @noah-ni3ee  that's exactly the problem. Not so cheap if you want to store energy with large expensive battery banks. Also the equipement especially solar panels from China are heavily subsidized by Chinese government
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  12. Cities like Chengdu and Chongqing are quite nice.. Far from poverty.
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  13.  @josephsanchez2711  If your grandpa stole a gold bar from my grandpa, you are not responsible for his crime, but if you still had that gold bar, you ought to give it back. Japan has yet to pay any war reperation to China, and given its economic position, it is more than capable.
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  14. AV as in Adult Videos??
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  15. That argument completely ignores the psychological needs of humans to feel useful and have purpose in life. Many of us will descend into mental illness simply out of boredom.
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  16.  @AL-lh2ht  Mount Fuji could erupt any day.
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  17.  @steinwaldmadchen  You need to do more research. Energy density is only one metric. CATL is capable of making the same batteries as Panasonic, but they have gone way beyond that. Their latest LFP batteries have almost same energy density, but with 3 times charge cycles and lifespan, and much safer than Japanese or Korean batteries when it comes to fire resistance. Same with Zeekr Golden battery, able to withstand 1000 degree fire, and charge in -21 degrees in 8 minutes, 500 km range. Oh, and at half the cost of Panasonic. Japan and Korea batteries are last generation. I'm sorry you are wrong again. Tesla pefers to use CATL batteries, in fact they do in China and Europe, and even some models shipped to Canada comes with CATL batteries, but not for US due to trade sactions. CATL batteries are safer, and have longer service life with almost no degradation for 15+ years. Also you don't need to worry about charging to 100%. With Panasonic batteries, they recommend not charging to 100% too often, only to 80% capacity most times. Tesla is building a CATL factory in America to get around the trade tarrifs, and so is Ford. They are using CATL technology and equipment, but owned by Tesla and Ford. Panasonic has been losing market share to CATL and BYD for the past 5 years, and continue to lose. If Japan is so much superior than China why are they losing market share? um? When it comes to fire safety, all the latest EV fires are caused by LG chem's batteries. Google BYD blade batteries, Zeekr Golden batteries, they do not explode or catch fire like LG or Panasonic batteries even when penetraded by a nail. Another win for China, Japan fades into irrelevance.
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  18.  @GeorgeWashingtonLaserMusket  Japan's criminal conviction rate is 99.9%. Its human rights abuses are detailed recorded by amnesty international. It's downplayed by the Western governments due to its strategic alliance.
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  19.  @steinwaldmadchen  Toyota has been promising solid state battery for 10+ years. Still nowhere to be seen. The current Gen Chinese better already surpass the solid state performance they were promising.
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  20.  @MelvinStaRita-yb2fm  The cost is not because of cheap labour but because adopting better manufacturing automations and methods such as gigacasting pioneered by Tesla. Western autos are plagued by unions and legacy manufacturing processes. As for quality, I see Japan still being higher quality by a small margin, but Chinese car qualities are already way ahead of American made and this is by many auto reviewers. The same Tesla model 3 made in Shanghai has far better panel gaps than US made Teslas for example. As for European vs China quality, some reviewers say they are almost intinguishible when it comes to fit and finish and driving dynamics. If China is making cars with equal quality as European cars, but at half the cost, and with better tech and software, and it happened in less than 10 years. Japan still makes highest quality cars in terms of reliability and longevity, but with 5 years lag in technology and software.
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  21.  @steinwaldmadchen  I do understand all that. Japanese tunnel vision on energy density is stupid. Why would I want a high energy density battery that's highly reactive and easily catch fire, and only has 1500 charge cycles? when I can get LFP battery with slightly less energy density, but last 2 - 3 times longer in charge cycles and much more stable and safer? For average consumers, you don't need high performance sports EVs, but reliable, safe cars that gets you from point A to point B and last for years and years without degradation. CATL is in the lead in LFP battery chemistry, and their latest Shenxing battery has 208wh/kg at system level, enabling some 700 - 1000 km range EVs. That's more than enough for 99% of use cases. If you are fixated on solid state then fine. Again Chinese is leading the way. Nio already has a semi solid state battery in production, it's expensive, I don't see it being competitive with other Chinese EVs. when full solid state batteries do come out, it'll be even more expensive, no one will buy them. In fact I think it'll be Chinese company, not a Western one that will first bring full solid state battery to mass production if it ever becomes a thing. Toyota has been promsing EVs with solid state battery for 12 years. They had the first RAV4 EV in the 90s. Look how fast Chinese are innovating vs Japanese vs American legacy autos (excluding Tesla). The speed of innovation is many folds faster for the Chinese. At this pace, there is no way American or Japanese can catch up to China, the gap will just keep getting wider with protectionism, because Japanese autos just announced they are sticking with the ICE, not going all in on EVs, as it'll be no threat to them now that US market will still have ICE demand for decades to come thanks to Chinese EV tarrifs, consumers have no choice, but to keep buying dirty old gasoline cars because non-Chinese EVs will be too expensive.
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  22. Overcapacity in fossil car productions
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  23.  @rmotfamily9846  Looking at the achievements of Indians worldwide, there is no doubt Indians are very smart and hard working people. I think it's the political system and religious practices in their homeland that's holding India back from fast modernizing.
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  24. All I know is that it takes a lot of brain and hard work, and time to develop these technology. Other than there is no real resource constraint. I don't see why China can't develop its own domestic chips supply chain if given enough funding and time.
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  25.  @chillxxx241  Any reason why these resouces cannot be produced anywhere else? or is it just happen to bw a niche industry, no one else had economic incentive to reproduce them?
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  26. Milei is a fool. He will bankrupt Argentina.
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  27.  @MelvinStaRita-yb2fm  I've lived in both Japan and Canada. In Japan maybe 1/50 people truly care about politics. In Canada it's about 1/5 . Just from personal experience.
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  28. Britain underperforming France. That's a shocker!
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  29.  @steinwaldmadchen  wrong again.. BYD fires are all PHEVs using last generation nmc chemistry. Newer blade battery with LFP chemistry never had any incidents of fire.. Some Tesla use the newer BYD blade battery as well. Even Toyota EVs use BYD blade battery.. Hydrocarbons will always have higher energy density but in order to achieve environmental goals every country is trying to electrify and none is more successful than China so far.
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  30.  @steinwaldmadchen  Those Hans were built in 2021 or before, using older generation of blade batteries which had NMC chemistry. And not that many compared to major Western brands. Tesla had 198 spontaneous fires as of 2023. And famous Chevy Bolt EV recalled 69000 of them due to defective LG Chem batteries that caused 16 fires. And recently, the same LG chem batteries used in Jaguar i-Pace and Volvo XC90,XC60 also caused several fires while charging. But media likes to FUD BYD and other Chinese EV makers don't they? They feed people like you to want to believe Chinese inferiority, and Western exceptionalism. Tesla and Ford are building CATL battery factories in the US to get around tarrifs licensning CATL's LFP battery patents and equipment. Once they are complete, US automakers will be able to build Chinese quality EVs (that's a good thing, not a bad thing as most of you think), and offer to consumers. Panasonic and LG chem will keep losing market share to CATL and BYD, regardless of tarrifs and restrictions. Companies will find a way to build the most competitive products at lowest cost, regardless of the country of origin. Tarrifs and trade restrictions are just a temporary inconvinience. If BYD was so bad why does Toyota chooses to partner with them? Toyota developed BZ4X, and BZ3X with BYD, and recently Toyota adopted BYD's PHEV DM-i platform essentially, will be rebadging BYD cars as Toyota. Doesn't Toyota care about quality, safety and reliability? Clearly, they could have chosen to partner with Koreans or GM? Clearly, they did their homework and figured Korean and American EV tech and batteries are even more fire prone and unreliable.
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  31.  @steinwaldmadchen  You clearly never owned an EV, jumping immediately to compare energy density of batteries to gasoline / diesels. Any EV owner will tell you range is not an issue. The main challenge is charging speed, and access to charging infrastructure. LFP batteries are superior in charging as it can be charged at higher rate due to its chemical stability, and to 100% without damaging its longevity unlike NMC chemistry. If I had to choose, LFP every time over NMC. Japanese autos like Toyota like to talk about solid state this and hydrogen that.. because they want those moonshot projects to remain in R&D phase forever so they can keep selling their ICE cars telling people that EVs with the current lithium-ion chemistry are not good enough. Give us more time to come up with solid state or hydrogen fuel cell. then, it'll be 10x more expensive than the current EVs. Oops, poeple will still choose ICE cars over those expensive options. They are not serious about electrification at all. If BYD was so bad why does Toyota chooses to partner with them? Toyota developed BZ4X, and BZ3X with BYD, and recently Toyota adopted BYD's PHEV DM-i platform essentially, will be rebadging BYD cars as Toyota. Doesn't Toyota care about quality, safety and reliability? Clearly, they could have chosen to partner with Koreans or GM? Clearly, they did their homework and figured Korean and American EV tech and batteries are even more fire prone and unreliable.
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  32.  @steinwaldmadchen  we can agree to disagree but the reality is Japanese autos are losing market share in markets where Chinese EVs are not heavily tariffed. The trend will continue. Toyota's strategy to "wait" may be the result of inability to innovate as fast as Chinese EVs and Tesla. You are wrong about EVs remain as a niche market very wrong. Maybe in places like US and Japan where legacy autos are lobbying hard against EV adoption. Norway is almost 100% EV now, and China is 50% (new car sales). Even here in Canada, it's approaching 15%. That's far from being niche. LFP batteries while slightly lower energy density, has much longer service life, 2-3x charge cycles, and lower cost, and does not require rare earth metals like nickle, therefore much more environmentally friendly. How many people need to drive more than 50 miles a day? Even last gen LFP battery EVs have over 200 miles range. There is absolutely no need to go over that with higher density NMC chemistry which comes with many negative properties such as unable to charge to 100% without degradation effects. The key for EV adoption is charging infrastruction. China is doing a lot better than the US, whille Europe is somewhere in the middle. Biden's inflation reduction Act budgetted 7.5B for EV charging network, after 2 years, only 7 chargers were built. It's pathetic how innefficient and corrupt the US compared to China when it comes to efficiency of public projects. Most of that money probably went to line venture capitalists pockets instead of going into the real work. Though not still not perfect, You can't help but to be impressed by China's pace of innovation, and how fast the quality of their cars has risen in such a short span of time. We can argue all our lives and compare specific brands short comings to no end, but if you look at over all, most of high end Chinese EV brands quality are about equal that of high end European brands, and much better than American GM / Ford. Sure out of over 100 EV brands in China, there are still low end, poor quality ones, but top tier brands such as Zeekr, Nio, Geely, Xpeng, BYD are making amazing cars. And their technology and manufacturing methods are exceeding most of Western legacy autos and neck to neck with Tesla. Just imagine in another 5 years, the gap could widen even more, and we will still be waiting for Toyota's solid state promise that will never come, but they will do fine selling gas guzzling 4 runners, and land cruisers to hard core Toyota fans in Amuuurica.
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  33.  @steinwaldmadchen  I thought you just said Chinese can't make nmc chemistry batteries here you are again saying CATL s flagship battery is nmc chemistry. . Who is the one who needs to do more fact checking? There is only so much improvement you can do on nmc chemistry and it's downside namely instability in fast charging is hard to overcome.. LFP chemistry is much better and Chinese firms are at forefront if LFP battery innovation. Japanese are missing out on this opportunity.
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  34.  @steinwaldmadchen  you are looking backward data. The newest LFP batteries can charge 500kw and Google geely e5 batteries eliminated thermal runaway. As for Chinese LFP batteries catching fire, please show data for that. Yes, there are lots of reports of Chinese EV fires, but they are mostly low end EVs from no-name manufactures. Among the top 10 manufactures, only BYD had some isolated issues, and 90% of BYD fires are from PHEVs, not caused by batteries. It's probably has to do with BYD specific design issues like shorting of wires or some defects in electronics. Overall, all other top Chinese EV brands as well as foreign brands prefer CATL and BYD LFP batteries due to their fire safety. Side by side NMC chemistry based batteries are definitely more susceptable to fire than LFP batteries. LG Chem batteries used in Chevy Bolt EV have been famously recalled due to their spontaneous combustion. This has not happened in any of the top tier Chinese batteries makers such as CATL or BYD (again BYD EV fires has more to do with in car electronics design than the batteries themselves). BYD blade batteries used in Tesla and Toyota EVs for examples have had much better safety record than LG Chem or Panasonic NMC batteries. Speaking of beyond lithium. China’s first large-scale sodium-ion battery charges to 90% in 12 minutes May 2024, electrek
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  35.  @steinwaldmadchen  BYD EV buses are in the US and Canada already. In fact EV school buses are running in my city here in Canada with great reception. Chinese companies have smaller patent portfolio because they have been around for less time. Japanese and US companies have decades of head start than China. Did you compare the number of patents in the last 5 years?
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  36. ​ @VanminhVn2 plant based steaks
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  37.  @himanshusingh5214  the irony is that colonized parts of China actually prospered such as HK, Macao, Shanghai s international settlements. Even Qingdao in shandong province now produces China's famous Qingdao beer and ham learnt from the Germans.
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  38.  @aarthirajaraman7453  I hope you are not implying that China did something wrong to deserve the opium war or Japanese invasion? As analogy to a bad kid getting in trouble or bad grade.
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  39. No need for brics to destroy the US dollar. It will destroy itself most likely.
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  40.  @ByronVersion2  the US dollar will be destroyed by federal reserve. China doesn't have do anything
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  41.  @wollerct  Trump will end it
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  42. China will save us... Once more
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  43. Exports only counts for 15% of China's GDP. It is trying to become consumer based economy like the US. The goal of China is not to build more factories for cheap products. They want to develop technology that can rival or exceed the West. They don't really care if factories move to poorer countries.
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  44. China saved you from the total collapse
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  45. I have a feeling that the US will lose chips war with China. China will offer more money to talents in the industry. Standard of life in China can be better if you have money and less gun violence and crimes.
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  46.  @ArawnOfAnnwn  if US China kinetic war ever breaks out and if China wins, you know Japans fate for choosing the wrong side. Chinese victors might be more lenient to Americans since they saved China from Japan in WW2 but China will show no mercy to the Japanese since they have been consistently hostile to China.
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  47.  @ArawnOfAnnwn  I think your assessment is correcct.
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  48.  @steinwaldmadchen  ODA were not same as war reparations, they are aimed to establish business interests and cultural infuence in China, as Japan saw China as a big juicy market to profit from. Germany gave cheques to families or Holocaust victims. Japan never gave any money to families or Nankin, or even acknowledged the atrocities.
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  49.  @MelvinStaRita-yb2fm  It's a trap. out of 300 EV companies in China, only less than top 10 will survive. But foreign legacy autos are so desperate to catch up, they will invest in any left over scrap second rate Chinese EV companies they could get their hands on because even these discarded leftover EV brands in China are far FAR superior than any Western counterparts. Examples: VW invests in XPeng, Stellantis invests in Leapmotor. VW even fired all their German software department to buy a Chinese software company to fix their in-car infotainment woes. China asking for foreign investment is a way for China to sell their scrap for good dollars.
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  50.  @steinwaldmadchen  I don't deny there was good will in part of post-war Japan to help China recover from the damages they have inflicted. but why doesn't Japan acknowledge Nanking massacre? Does it hurt their feelings that much to do so? They'd rather just give money instead? to boost ego so to speak? It kind of gives impression of insincerity for most observers.
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  51.  @steinwaldmadchen  goodwill by some Japanese people who feel remorse about what their predecessors have done in the past. I even know a couple of them personally .. Yes there are good Japanese people too. but does not seem to be majority of them. Most of them don't feel they need to acknowledge the horrors and atrocities of their ancestors as if it brings shame to themselves. Most of them just say war is terrible and let's not have any more wars. Never acknowledge it's Japans fault to start the war in the first place and commit the most atrocities.
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  52.  @dianapennepacker6854  American also dropped two nuKEs on Japan just a few decades ago. Now it is practically American "protecterate"
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  53.  @MelvinStaRita-yb2fm  Democratic ideals that America forced upon Japan at gunpoint, or should I say at aToMic bomB point? If you look at Japanese culture and tradition, democracy is not really compatible with it. It's more rooted in authoriterianism and warrior spirit, that's why it caught on to Facism so easily. There was a brief communist movement post war Japan too but was quickly put down by the American backed government. Average Japanese poeple don't care about politics nor do they participate or even talk about politics all that much. Most just want to obey their superior and be like herd of sheep, very similar to other Asian cultures. Participation in democratic process is very low, so is voter turn out.
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  54.  @MelvinStaRita-yb2fm  arts maybe not not science or technology. They are lagging in EV and battery tech behind even China now. And they have always lagged behind the US in other scientific fields.
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  55. When Xi ousted Jack Ma, we thought Xi worked for the US. Now we think Trump works for the Chinese.
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  56. Ban the honky-tonk pickup trucks commuting to office jobs daily
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  57. The US let many Japanese war criminals slip through easy because they wanted Japan to be their East Asian partner to contain China and Soviet right after the war. Emperor Hirohito should have been prosecuted for his war crimes, but the US did nothing. They wanted to win hearts and minds of Japanese people to help them with their strategic goals to contain China and Soviet.
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  58. Hahaha
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  59. History does rhyme. In the 60-70s USA used Japan as cheap manufacturing hub, then its technology started ro rival and crush American companies. The US crushed Japan by Plaza accord and tariffs. Back then sentiment was blame Japan for everything. Japanese copy and steal patents and make better products based on American designs etc. Now It's China's turn. Blame everything on China. China's human rights violation didn't matter in the early 2000 when they weren't a threat to the US. Now that they are on the verge of technological rivalry, USA decided to bring out all the excuses to block Chinese businesses.
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  60.  @dodieodie498  Try to keep up. Chinese knock-offs on amazon has been going on for more than 10 years. The new reality is that some Chinese knockoffs are equal or better quality than the original brand names such as Lithium batteries and solar panels compared to Japanese or Korean brands. In not so distant future, there will be Vietnam / Indian knockoffs of Chinese brands. China is already way way passed trying to sell cheap knockoffs, exports only counts 15% of China GDP. They are trying to rival future techs with the West in areas such as semiconductors and AI.
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  61. What a beacon and defender of democracy lol
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  62. that ship has long sailed. US Japan will never catch up to China on battery, and EVs.
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  63.  @MelvinStaRita-yb2fm  not just cheap, but more technologically advanced, and good quality.
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  64.  @steinwaldmadchen  Vast of fires on BYD vehicles were their PHEVs, not BEVs which uses older generation of inferior batteries. The current and next gen. BYD blade batteries are extremely fire resistant, won't catch fire even penetrated with nail. Same with CATL ShenXing batteries. If you look at the statistics all cars by insurance institutes, BEV fires are 60 times less likely than ICE car fires, and PHEV fires are twice more likely than ICE car fires. and BYD makes a lot of PHEVs in China, but none of their BEV cars caught fire. I've owned 3 EVs since 2017, and here in Canada, 10% of Teslas sold used to come from China (though not anymore, since Canadian government just followed the US EV tarrifs on Chinese EVs.) I'm actively involved in EV community forums, and general consensus is that LFP batteries are superior to NMC chemistry despite slightly lower energy density, but the longevity and charging characteristics (you can charge to 100% without worrying about degradation) more than make up for it. In fact most Tesla buyers here ask how they can get their hands on Teslas made in Shanghai because they will come equipped with CATL LFP batteries, instead of regular Panasonic cells if it were made in the US. Why are Chinese still researching NMC and solid state chemistry? Because it's a big country with lots of brains! The same reason, the US researchers are researching all kinds of subjects in every directions. You never know where you will find the next breakthrough. LFP for now is clearly the leader and consumers choice when it comes to EV batteries
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  65.  @steinwaldmadchen  how many exactly? There have been over 200 Tesla caught fire as of 2023. 69,000 Chevrolet bolt recalled due to defective LG chem batteries catching fire spontaneous. Just because a handful of BYD cars caught fire that we don't know any background why and how they happened, media likes to jump on it and use it to symbolize inferior Chinese quality? It's also old news, last generation of blade battery. The blade v2 are much safer and fire resistant. The fact is western EVs are even more likely to catch on fire according to hard statistics and gasoline cars are orders of magnitude more likely to catch fire then EVs in general . EV tech are still new but you have to admit Chinese are innovating much faster than Western counterparts and even if they had EV fires a couple years ago, the next gen batteries will be much safer while LG chem batteries found in Jaguar ipace recently had several fire incidents again. No innovation by Koreans and Japanese. US batteries are even more behind. Especially Japanese Toyota and Mazda are not even interested in EV adoption they want to ride their cushy ice business for as long as possible.
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  66.  @steinwaldmadchen  you keep looking backward data. See the new LFP batteries that's much more fire resistant and can charge at 500 kw. Google geely e5 and zeekr 001 golden pack. Geely e5 LFP battery pretty eliminated thermal runaway.
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  67.  @SASMADBRUV7  that's an optimistic thought but I'm sure many of us that are less self motivated to pursue hobbies on their own still need to be supported and guided.
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  68.  @reasonablespeculation3893  In theory, but investing comes with risks. If you invested in a wrong tractor Co. your wealth would have been wiped out.
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  69. Looks like a big fail for Brexit. Protectionism always backfires. US will be the next trying to block itself from China.
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  70. Keep dreaming. There will be no reshoring. It's going to be re-globalization, factories just move from China to Vietnam, mexico and Africa, many of them will be owned bt Chinese companies.
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  71. Universities have become the new Churches of the middle age where freedom of speech no longer exists and cancel culture is rampant. You are not allowed to question anything in the name of misinformation and trust in science etc.
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