Rudolfo2100’s Post

The race for world leadership 🏇 China has significant cost advantages compared to the U.S. and Europe. The average government spending per head is $4,000 in China, $14,000 in the U.S., and $20,000 in Europe/Germany. This cost disadvantage finds its way into product prices and helps explain why China can produce goods for so much less. The answer to Chinese products flooding the West cannot be import duties. This always lead to higher prices. The only strategy for the West is be to become more efficient by using technology and reducing the government burden! What does the world have in store for us next? Follow to see cartoon responses created by political artist Carlo Rudolfo. Released on Fridays.

The race for world leadership 🏇 China has significant cost advantages compared to the U.S. and Europe. The average government spending per head is $4,000 in China, $14,000 in the U.S., and $20,000 in Europe/Germany. This cost disadvantage finds its way into product prices and helps explain why China can produce goods for so much less. The answer to Chinese products flooding the West cannot be import duties. This always lead to higher prices. The only strategy for the West is be to become more efficient by using technology and reducing the government burden! #rudolfo2100 #politicalart #politicartist #theeconomist #worldleadership #cartoonist

China – uneasy recovery Our view has been that China's cycle has bottomed, and that market sentiment has been too pessimistic. The official PMIs for March support that idea, but the details aren't convincing enough to think the cycle has real momentum. Click below to read more, or get in touch if you are interested in subscribing.

Evolution or involution? Will the Great Wall fall under the weight of its bricks? Here is a brief analysis of China's recent economic policy and its effects on society! read the full article of our Martina Taroni ⤵️ https://lnkd.in/dJuGfymz

3 reasons to take the long view on China. With China's 2023 growth forecast showing an improvement, it's time to take a closer look at the country's prospects. Its economy is set to be driven by key areas of innovation, green technology and capital markets. Shrewd policy is shaping this economic growth and consolidating China's status as a global powerhouse. Find out more about China's future trends here: https://lnkd.in/dMJpCcJ8

As the third plenum of the Central Committee of the Communist Party of China nears in July, NTU economist Tan Kong Yam highlights a critical concern for the country's economic policymakers: avoiding replicating Japan's economic stagnation in the 1990s. He emphasizes that unlike Japan's heavy reliance on traditional industries like steel and automobiles during its downturn, China's leadership in cutting-edge sectors such as electric vehicles, batteries, and green energy and its global stature in internet platform companies provide a distinct advantage that Japan did not possess. Read the article here: https://lnkd.in/gziYrcP3

Is China Being Too Cautious? 🇨🇳📉 Beijing, in 2024, adopts a measured stance on economic stimulus, confronting challenges like deflation, a property market dip, and a slowing growth pace. Premier Li Qiang, addressing the World Economic Forum, underscores China's commitment to balanced growth, achieving a 5% target in 2023 sans extravagant stimulus, prioritizing long-term stability over short-term gains.

China wielding its power without even lifting a finger. It understands how precarious the economic situation in the US and EU is right now, and there's no way to resolve their issues other than a systemic overhaul. And that's going to take generations. If China merely sneezes, unrest could be the result in the West. On the other hand, Japan and South Korea's fiscal policies are held hostage by their subservience to the US. Their situation is fragile, too, and could lead to societal upheaval. Meanwhile, the economies in Southeast Asia and South Asia are growing extremely fast. Most of these countries, including the Philippines, have China as their major trade partner. This means if you want your economic development to continue, you ought to maintain good relations with China. The reality of our world right now… By Jan Writer…

📊 MICS News Volume 107 is here! This edition delves into China's evolving economic landscape with a focus on Shenzhen's foreign trade challenges, the competitive surge in new energy logistics vehicles, and the city's record-high population growth. Stay informed on these pivotal developments shaping China's future. #ChinaEconomy #ShenzhenUpdate #NewEnergyVehicles

There's a golden opportunity for Taiwan to move up the value chain. By focusing on either competing with China on cost or just focusing on China as a development market in the past, the result has been a vicious downward cycle on wages and lack of investment on market diversification and higher value products and services outside of semiconductors, especially in comparison to former economic peers like South Korea and Singapore. Taiwan's brands are now mature enough to operate in the US and other Western markets, but the salesmanship and investment to push those ahead still lag in terms of what's needed to compete in wealthier markets. “Frankly speaking, we’re responding reactively” to the need for more diverse trading partners, Taiwan’s Economic Minister Wang Mei-hua said. “Taiwan needs to manage the risks on its own, but we also need our allies to join us more in mitigating these risks.” #taiwan #taiwanexcellence https://lnkd.in/guGP5hwa