Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "Inside China Business" channel.

  1. There is no point in contributing to a country that despises you.
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  2. China needs to pivot more towards global south countries. These Western countries are being hostile to China, and Chinese people in general, so there is no need to buy from countries that are being hostile to China.
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  3. When you have scientists, engineers, and scholars leading a country, you get good results like this. Compare that to the US where lawyers, finance people, and liberal arts majors lead a country, you get a regressive country. On the other hand, China is a progressive country.
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  4. Chinese engineering is actually pretty good. They can produce very cost effective products that people want.
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  5. The US and EU says China is subsidizing their industries, but they are doing the same thing. Industries in the EU and US are almost entirely subsidized by the government, because they are not profitable. On the other hand, China's industries are profitable.
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  6. China isn't starting these issues, it is the US.
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  7. China's foreign policies are very pragmatic, and long term.
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  8. I wish I could buy a Huawei phone here, but I can't because it is banned here. Back in the 1980s, the US govt tried to ban Japanese automobiles, because they were inexpensive and very high quality. The US automotive industry lobbied congress to put tariffs on Japanese automobiles, and they did. People still bought them, because they were reliable and inexpensive. Now instead of allowing in competition, they just ban it. They banned Huawei 5G telecomm equipment, Huawei phones, and now they are putting trade barriers on Chinese EVs. Trade barriers for Chinese EVs isn't enough, so they are trying to ban the import of those EVs. They are trying to ban TikTok. In the media, you just see a lot of anti-China, and anti-Chinese hysteria. They are just painting a negative image on Chinese people, and China as a whole. I don't see why people in China should buy American brands. In my humble opinion, they should stop buying US brands, because they are funding these politicians in the US by making US equity markets go up. These politicians want to play on the anti-China hysteria to win points, so the people of China shouldn't be funding people that harm them and their interests.
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  9. China has a history of innovations, look at all the things invented in China, like paper, gunpowder, trigger mechanisms, clockwork, wheel barrows, rockets, magnetic compass, seismometer, rudders for boats/ships, multi hulled ships, etc.
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  10. That's pretty clever. Continue to trade in USD, but don't use the banking system. ROFL
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  11. The US economy is inflated. In terms of PPP(Purchasing Power Parity) China is ahead. Everything costs 3 to 5 times more in the US. People pay more for everything in the US, more for vehicles, more for medical care, more for food, etc.
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  12. China can produce 28nm DUV lithography machines with 100% Chinese suppliers as of last year. There are very few countries in this world that can produce their own DUV lithography machines in this world. With every passing year, China will be producing more advanced DUV lithography machines, which means they will not have to buy Japanese and Dutch lithography machines in the future. Tsinghua university is developing a SSMB EUV light source, and this will enable China to produce 3 nm, and 5 nm chips in the future. It is actually a EUV lithography cannon. China has 14 nm lithography machines, and they can technically produce 7nm chips by using multi patterning. The yields are lower, but they can produce 7nm chips by using this method. China can produce 14 nm chips with their 28nm DUV lithography machines with multi patterning. As of today, China can produce, automotive chips, RISC processors for smartphones/mobile devices, chips for military equipment, X86 chips, 5G chips, etc. China produces 4 million engineers and scientists every single year while the US produces about 400,000/year. Producing something like a lithography machine is difficult, but if you have many scientists and engineers in the fields of optics, chemistry, electronics, electrical engineering, lasers, etc it will be possible to achieve those goals in the future. The outcome of all of this is, US semiconductor companies losing market share in the biggest chip market in the world. This will mean, US semiconductor companies will have less money to spend on R&D to produce better chips in the future. At the same time, Chinese semiconductor companies will make more money, and spend more of it on R&D producing better and better chips. Like Kevin said, those Chinese semiconductor chips will be selling their chips in the global market which will take more market share from US companies.
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  13. It's difficult to live in a country where there is a lot of hostility directed towards you. It doesn't matter how much money or what kind of position you have, your quality of life will be affected negatively.
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  14. Math and science education is really mediocre in the US. If you want to major in engineering, you have to be good in subjects, like math, physics, and chemistry. When I was going to university back in the mid 1990s, I would say about 80% of the people in the higher math(Calculus 1 - 3, Differential Equations, Linear Algebra, etc), and physical science courses(physics, chemistry, thermodynamics) were mostly foreigners. In the US, you have more lawyers than scientists and engineers, so this is why the country is at the state that it is in now.
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  15. China has a very developed infrastructure when it comes to electrical power, railroads, canals, high speed rail, roads, highways, airports, and ports. The reason why Rome was able to conquer the world was because of their very good infrastructure. China will be able to be predominate in manufacturing because of its very good infrastructure.
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  16. I was reading about light in chips back in college in the mid 1990s. The book was published in the 1970s, it was largely theoretical. No one really solved the technical issues of getting one to work. The chips we have use electrons. Using electrons require more energy, and it is slower than using light. Intel developed silicon photonic optical transceivers which are used in data centers, they are much faster than using the electron based transceivers. This is why they have fiber optic cables, fiber optics also use light. If Chinese scientists can solve all the technical issues of developing a photonic chip then it would be ground breaking.
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  17. Speculators are gamblers, they aren't interested in living in those homes. In this case, the people won, and the speculators lost. The government of China liberated the people from the speculators. ROFL 🤣
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  18. They want to buy the raw materials and assemble it there, and say it is made in the US, and made in the EU. They aren't able to produce these silicon wafers. I see a pattern here. Indonesia asked the West to build them a nickel processing plant, and the only country that did that for them was China. Nigeria wanted a oil refinery, and China did that for them as well. Zimbabwe wanted a lithium processing plant, and China helped with that as well. Now Western countries are angry, because they can't exploit countries for raw materials. China can simply raise the cost of those silicon wafers who knows, like 300% to 1000%. LOL 🤣
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  19. The hypocrisy and double speak from the West.
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  20. The average American will have a difficult time living on loans and credit cards now.
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  21. The US doesn't have much of a ship building industry, it isn't even in the top 15.
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  22. When you have real scientists that understand the electromagnetic spectrum, they can figure out how to jam stuff. ROFL 🤣
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  23. I am a Chinese person that lives in the US, I am the eldest son in my family, so I have to take care of my parents. My siblings are pitching in some money to help.
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  24. China is the largest market for semiconductor chips, because a lot of those chips were used to make all kinds of products, like computers, smartphones, automobiles, aircraft, drones, smart TVs, and other kinds of electronics. China no longer needs to import those chips, they can produce enough for themselves, and export the surplus production around the world. Some people may say, couldn't they use those chips in the US. The US doesn't have a electronics industry, so now they have a glut of chips they can't use. This increases the supply of chips around the world, and this drives down the price of chips. This made US chip companies less competitive losing the biggest market for chips in this world.
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  25. It's basically like an Indian phone scam. LOL
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  26. Talk is cheap, and that is all US policy is about. China is offering tangible things, like infrastructure, factories, and things that can improve peoples lives. Talk and lecturing to other countries why we should be number one based on nothing.
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  27. That is right way to do business in this world now. Sourcing stuff from the US is too expensive. Sourcing the parts and components in China makes more sense, and it makes even more sense to have it assembled in China.
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  28. Xi Jinping clearly said houses are for living and not for speculating. I think that is a great policy, it gives young people a future.
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  29. It's simple, without the market for those advanced chips, research and development will regress, which is dependent on revenue from chip sales. At the same time, Chinese semiconductor companies will only get better, because they can supply Chinese companies, and they are also getting subsidies from the government. These Chinese chips can supply Chinese companies that make computers, smartphones, electronics, SBCs, industrial computers, network equipment, etc. As time goes by, Chinese chip companies will grow, while US chip companies will stagnate.
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  30. You will see a lot of blighted cities across America as the investment money dries up.
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  31. China is being smart, gold is worth more than USDs. USDs are pieces of paper or digits on a computer screen, gold doesn't corrode, timeless, and it is a store of value.
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  32. Pundits on the internet were saying the US and EU navies could prevail in a few weeks. Somehow, I don't think they are exceptional as they believe they are.
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  33. I am a overseas Chinese, and they are treating us very poorly. I don't blame those executives from Microsoft for wanting to go to China.
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  34. The RMB is used as a trade currency, countries around the world can use RMB to buy Chinese goods. The RMB has value because people can buy stuff with it.
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  35. This is bad for US farmers, US farm equipment manufacturers, and the US chemical fertilizer industry. I guess people that have investments in those firms are going to lose a lot of $.
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  36. Looks like the John Deere isn't the only company that produces farm machinery in this world.
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  37. It is hard to say if US lawmakers will ever listen to what the voters want, because they only listen to lobbyists. Voters in the US has a very limited choice when it comes to voting. Oligopolistic industries often have both parties in their pockets.
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  38. Looks like the EU would have to buy US treasuries, and the EU also prints a lot of money. I wonder how that would play out? Both are having inflationary problems, so they will be buying bonds from each other by printing money. ROFL 🤣
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  39.  @topsuperseven7910  Is that why they are 3 times fatter?
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  40. To summarize this, Wall Street lost to the Chinese government. ROFL 🤣
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  41. A currency is as valuable as what you can buy with it, so you can buy a lot of stuff with the RMB. In the future, there isn't much you can buy with the USD, because most countries will be doing bilateral trade using the RMB.
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  42. The Chinese system is based on meritocracy, so this is why China is dominating industries.
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  43. Intel is having problems producing chips with nodes smaller than 7nm. I bought a I7-10700k cpu back in 2021, it was a 14 nm node based cpu, and I can tell you that it runs hot. When I use it to play games or CAD, the temperatures go up to 90 ° C to 100 ° C. Operating under such temperatures can reduce the lifespan on the processor. The I7-4790k processor I purchased in 2014 is a 22 nm node based CPU, and it heat is manageable on it. AMD uses TSMC to produce their chips, and their latest CPU is based on the 5nm node, while Intel's latest I7-14700K uses a 7nm node with multi patterning. The I7-14700K cpu has heat issues. AMD's chips has smaller transistors, so they emit less heat, and they are more powerful. They can put in smaller computers, and thinner laptops. Intel is losing money, because they can't produce good processors.
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  44. They said China can't innovate, but throughout Chinese history you have a lot of innovation, like paper making, clock work, gunpowder, printing press, rockets, etc.
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  45. I am 48 and I live in the US. I would buy a Chinese EV, because it matches my requirements. I just need a vehicle to get to work and back, and do city driving. As for the older folks, you cannot change their ways, they are set on their ways. You cannot teach an old dog new tricks.
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  46. Chinese scientists and engineers keep making breakthroughs.
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  47. When you have a bunch of clowns as politicians, they say and do things that don't make any sense.
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  48. Looks like the end of USD hegemony.
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  49. You still need computer science and finance graduates; however, with AI one person can do the work of 5 to 10 people. Therefore, you don't have to hire as many people.
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  50. The US used to be the biggest food producer in the world, but that isn't the case anymore. Looks like US trade policies are backfiring. Putting tariffs on competing farm equipment only enables companies, like John Deere to sell their farm machinery at a inflated price. This a bad for farmers in the US, it drives up the cost of producing food. At the same time, farmers from around the world can simply buy Chinese farm equipment which is less expensive, and this allows them to produce more food at a lower cost. Flooding the world with cheap food, and this will put pressure on US farmers. When US farmers do poorly, they will buy less farm equipment from John Deere and other US farm equipment companies.
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