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Lepi Doptera
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Comments by "Lepi Doptera" (@lepidoptera9337) on "Why is Germany losing out to China, and can it rebound? | DW Business" video.
I agree. I can easily find ten times more Chinese who would like to move to Germany than Germans who would like to move to China. Probably a hundred times as many, actually. ;-)
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Xi is tightening more than just belts, though. It's getting hard to breathe in China. ;-)
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@matthewlipton2998 Same difference. Wanna bet? If we gave out free EU visa to random people in the street in Beijing or Shanghai, they would be jumping of joy. ;-)
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@matthewlipton2998 Dude, I know plenty of people from China. Most of them are either PhDs in physics, chemistry and the life sciences OR they are waiters at Chinese restaurants. They have one thing in common: they don't want to live in a corrupt, polluted dictatorship. ;-) It's an even bigger problem for young Chinese men. Most of them will never be able to marry and to have a family. The Chinese family has a 4-2-1-0 structure: four grandparent, two parents and one lonely child who will never get married. ;-)
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Most of that goes towards the social net. You get what you pay for, even if you pay for it with taxes.
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I haven't seen much innovation from China, so far. Lots and lots of cheap stuff, though. I love cheap stuff, but when it comes to intelligent products, I buy from the US or Europe. ;-)
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Yes, in China it did, but not because of inflation. The GDP per capita in China has risen tenfold over twenty years. That's good for the country, but it means that China is no longer competitive in many low cost goods. Other countries are now cheaper. Germany doesn't make those goods to begin with and therefor doesn't have that problem.
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@matthewlipton2998 Germany is a lot more than its automobile industry. German cars were never popular in the US to begin with. They always sucked. ;-)
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How's the air quality over there? Still as unhealthy as ever, right? :-)
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German exports to China in 2022 were approx. $110 billion. Chinese exports to Germany were $152 billion. Germany lost a net of roughly $40 billion to China. I am not sure that Germany needs China nearly as much as China needs Germany.
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I haven't seen a single Chinese vehicle on American streets, yet, even though I occasionally see a Mercedes, BMW or VW. Where are all these supposedly great Chinese cars? Still in China? ;-)
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@LunarMonarch-bc5eh Dude, if China can make great cars, then they should bring them to the US. If they can't bring their cars to the US, then they are just not that great. ;-)
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Still much better than 20% youth unemployment in China. ;-)
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