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

  1.  @ZweiZwolf  No, because demand is a function of revenue. What you are describing is called dumping or predatory pricing and has nothing to do with overcapacity.
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  2.  @ZweiZwolf  Dumping is a violation of WTO rules and predatory pricing can be considered illegal in many jurisdictions if the entity or entities have market power, such as monopoly, duopoly, oligopoly, etc... or two or more entities collude to price fixing. In any case if the action is deemed legal it's still called predatory pricing.
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  3.  @ZweiZwolf  "In most general terms predatory pricing is defined in economic terms as a price reduction that is profitable only because of the added market power the predator gains from eliminating, disciplining or otherwise inhibiting the competitive conduct of a rival or potential rival." Predatory Pricing: Strategic Theory And Legal Policy, US Department of Justice Archives, Retrieved May 10 2024 This type of behavior described is not "hyper" or "extreme" competition, it's a textbook example of predatory pricing. This definition is the standard orthodoxy of economics that is taught in high schools and universities throughout the world. Claiming otherwise is rather silly and foolish.
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  4.  @ZweiZwolf  “Better to remain silent and be thought a fool than to speak out and remove all doubt.” - Abraham Lincoln
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  5.  @ZweiZwolf  Here's a simple test question straight out of an economics 101 class: The use of sharp, temporary price cuts as a form of _____________ would enable traditional US automakers to discourage new competition from smaller electric car manufacturers. a. Predatory pricing b. Natural monopoly c. Oligopoly competition d. Monopolistic completion Guess what the answer is? Like I said claiming otherwise is rather silly and foolish.
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  6. Except this time China is the US and the US is Japan...🤣
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  7.  @danielb7253  You haven't been paying attention to the industrial capacity China has that the US does not possess, which was the overwhelming factor in winning the war in the Pacific. Like you said, facts versus hubris...🤣
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  8.  @danielb7253  Doesn't change the fact that China can ramp up a military wartime economy that would make the US and vassals look like third world nations. The US would need a decapitating strike against China is order to win, which was the same tactics used by Japan with the attack on Pearl Harbor. Like you said, facts versus hubris...🤣
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  9.  @danielb7253  Just like the US brings up they're the greatest until they were taken down by guys in sandals with AKs...🤣
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  10.  @antonyjh1234  You're arguing about basic math when making a comparative assessment between two different population sizes...🤡
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  11.  @MetaView7  When John Deere opens these service centers they become part of the farming community, so they absolutely knew the forced labor allegations were pure nonsense. It's their own fault for not speaking out and now they're paying the price.
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  12.  @CheeseLovingGuy  If the majority want cheap cars, but the minority denies them then you don't have a democracy.
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  13.  @SW-fy8pq  Personally I wouldn't want a "Dutch Oven", but each to his own. I'm not here to judge...🤣
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  14. About a month ago the Internet Society of China, Semiconductor Industry Association, China Association of Automobile Manufacturers, and the China Association of Communications Enterprises all issued warnings that US chips are no longer secure or reliable and recommends Chinese companies exercise caution when purchasing US chips. Basically this is a government order not to use US chips in their applications. US chip makers are going to lose the entire Chinese market along with at least 30-50% of their profits...:text-green-game-over:
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  15. In Tibet white yaks make up about 3-5% of all herds...🙄
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  16. Ansar Allah, which is their actual name, is the only group that is attempting to enforce the provisions of the Convention on the Prevention and Punishment of the Crime of Genocide (1948).
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  17.  @themiddlekingdom9121  Better yet the Global South can process those minerals and sell finished goods, and China will help them with investment and joint ventures...😁
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  18. It's because the Chinese walk the walk with regards to trade and investment. US only gives lip service to Latin America because actual US policy is to suppress economic growth in the region so they can be exploited by US corporations.
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  19. It means it's time to play nice with China instead of trying to implement the US pipe dream called full-spectrum dominance...:text-green-game-over:
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  20.  @eazypeazy2964  No, the best strategy is usually tit-for-tat, or some variation. The Veritasium channel has a good video on this subject.
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  21. China is becoming less dependent on the west for food, raw materials, and energy because western countries would starve China even if it meant the loss of hundreds of millions of people. What's occurring in the Middle East is just a mechanism for conditioning everyone to what is planned for China...🤢
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  22.  @etow8034  In the US we have Publix and Hy-Vee supermarkets which are employee owned.
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  23. 1990. The Economist: China's economy has come to a halt. 1996. The Economist: China's economy will face a hard landing. 1998. The Economist: China's economy entering a dangerous period of sluggish growth. 1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy. 2000. Chicago Tribune: China currency move nails hard landing risk coffin. 2001. Wilbanks, Smith & Thomas: A hard landing in China. 2002. Westchester University: China Anxiously Seeks a Soft Economic Landing. 2003. New York Times: Banking crisis imperils China. 2004. The Economist: The great fall of China? 2005. Nouriel Roubini: The Risk of a Hard Landing in China. 2006. International Economy: Can China Achieve a Soft Landing? 2007. TIME: Is China's Economy Overheating? Can China avoid a hard landing? 2008. Forbes: Hard Landing In China? 2009. Fortune: China's hard landing. China must find a way to recover. 2010: Nouriel Roubini: Hard landing coming in China. 2011: Business Insider: A Chinese Hard Landing May Be Closer Than You Think. 2012: American Interest: Dismal Economic News from China: A Hard Landing. 2013: Zero Hedge: A Hard Landing In China. 2014. CNBC: A hard landing in China. 2015. Forbes: Congratulations, You Got Yourself A Chinese Hard Landing. 2016. The Economist: Hard landing looms for China. 2017. National Interest: Is China's Economy Going To Crash. 2018. The Daily Reckoning: China's Coming Financial Meltdown. 2019. BBC: China's Economic Slowdown: How worried should we be? 2020. New York Times: Coronavirus Could End China's Decades-Long Economic Growth Streak. 2021. Bloomberg: Chinese economy risks deeper slowdown than markets realize. 2022. Bloomberg: China Surprise Data Could Spell RECESSION. 2023. Bloomberg: No word should be off-limits to describe China's faltering economy...🤣
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  24.  @charlo90952  Fertility Rate (2022) US: 1.66 UK: 1.57 Germany: 1.46 Japan: 1.26 China: 1.18 South Korea: 0.78 Looks like everyone is in the same boat, except South Korea since their ship is sinking pretty fast...🤣
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  25. Investment in US military bases. Philippines can now enjoy all the crime and environmental damage they bring...🤣
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  26. "Trying to hold China back is a fool’s errand." - Former US Secretary of Commerce Gina Raimondo When the lead person pushing the containment strategy policy for the last four years calls BS then it's time to give it a rest...🤣
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  27.  @TheGreatAmphibian  Aircraft manufacturing is a poor comparison because there are alternatives to building your own. However semiconductor manufacturing development will be much faster because the alternative is nothing. Necessity is the mother of all invention is not just slogan. Like I said before it's a fool's bet to believe China will not overcome this hurdle.
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  28.  @Emphasis213  Exactly. Currently the Chinese are working with what they have as a stop gap while the development of EUV machines or alternative technologies progress. China is also building a SSMB-EUV prototype as a feasibly solution, so semiconductors are an "all hands on deck" effort that's going to bear fruit within the next 3-5 years.
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  29.  @TheGreatAmphibian  And you have a coherent argument? Sorry, but repeating the same old tropes without a shred of evidence is not a coherent argument. Anyone with half a brain would realize it would much easier to certify airworthiness by using industry standard avionics, flight controls, engines, landing system, etc. then to have each new system be submitted for testing and certification prior to receiving airworthiness. We haven't even mentioned maintenance, which by using industry standard components allows certified technicians to work on these aircraft without re-certification. Also the components are interchangeable, which means less down time when parts are needed since keeping these birds in the air is what makes airlines money. Unlike you I've done research on the subject instead of regurgitating a bunch of talking points...🤣
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  30.  @TheGreatAmphibian  Once again that's you opinion, which is worth about as much as the words typed on this screen...🤡
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  31.  @TheGreatAmphibian  Please show me where I stated that the Chinese were ahead of the US in fusion energy. We're waiting...🤣
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  32.  @TheGreatAmphibian  So when the academic paper comes out and is peer reviewed you'll take back those words? Correct? 🦗🦗🦗
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  33. 5G Base Stations Installed: US - 100,000 China - 4 Million Pretty much tells you everything...:text-green-game-over:
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  34. In ten years the US will be living in a technological ghetto...:text-green-game-over:
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  35. If you want some current information on RISC-V check out this recent video from Christopher Barnett at Explaining Computers. Easy to understand and very informative. https://www.youtube.com/watch?v=f6mPK3QCrBo
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  36. Infrastructure like the 7.5 billion the Biden administration spent which resulted in the construction of a total of 7 charging piles or the Tesla charging cables stolen for the copper at a San Francisco location? The US had 20 plus years to develop a charging network and still only has 165,000 piles. Guess how many China has? 1.8 million and growing at an exponential rate. The US will never be ready until the price of gasoline goes beyond 10.00 a gallon. At that point there's going to be a mad dash for EVs, and take a guess who will have the innovation and production capability to supply all the EVs and all the infrastructure needed?🤣
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  37. MMwave signal is basically line of sight and can be blocked by walls and even glass partitions. You're going to need twice as many base stations to get the same coverage plus you can forget about rural installations. That's not going to happen any time soon.
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  38.  @phlei95014  Having advanced features with restrictive limitations presents an issue of cost versus coverage. China's solution was to provide the most cost effective and comprehensive coverage using the mid-band solution (3 to 8.5 GHz). If wireless operators can't reach scale within a wider area then these advanced features aren't going to become mainstream. It's the Betamax versus VHS argument, and we all know how that ended.
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  39.  @phlei95014  With what? ORAN? It's never going to materialize. Didn't Huawei sue Verizon for patent infringement. You know Verizon settled out of court, which tells you the strength of their case, even in a US courtroom. Anyhow you're a serpentza fanboi, so that pretty much tells everyone what they need to know...🤣
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  40. You can't even afford a new car...🤡
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  41.  @Jeff.55649  Leasing doesn't count and it's still not your car...🤣
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  42.  @Jeff.55649  Then you shouldn't post if we don't want to witness dumbness...🤣
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  43.  @Jeff.55649  In any case Kevin already did a video about the UBS report with a tear-down of a BYD Seal. The UBS report conclusion was the car was better, cheaper, and had state of the art technology that was not available from legacy OEM manufacturers. Levels of dumb indeed...🤡
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  44.  @Jeff.55649  Also I know the car you get from your work is a lease because purchased vehicles have a 5 year depreciation schedule...🤣
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  45.  @Jeff.55649  I see you've shifted to attacking the messenger instead of the message, which signals my victory and your defeat...🤣
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  46.  @Jeff.55649  Jealous of what? Stupidity? I'm not the one making a fool out of myself for everyone to see...🤣
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  47.  @Jeff.55649  You're the one that keeps replying. If you want it to stop then don't reply. Pretty basic concept...🤣
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  48.  @Jeff.55649  What part of "if you want it to stop then don't reply" did you not understand?🤣
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  49.  @Jeff.55649  Check..🤣
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  50.  @Jeff.55649  As long as it takes...🤣
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