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6/29/2025, 3:18:56 PM
>>509033592
wrong. china is basically fucked. that's because their export as a percentage of GDP to America and the world peaked in 2005. Their growth has been mainly from building GFC (like HSR) and domestic consumption, while their exports has grown steadily at a slower rate. See picrel. This is the concept of dual circulation.
Here's a grim statistic, china's export as percentage of GDP is much lower than Germany or South Korea. china's export as a percent to gdp is 19.7%, germany is 47% and south korea is 44%. in fact the world average export as a percentage to GDP ratio is 29.3% which makes china's export ratio well below the world's average.
they also buy too much product from other countries. for example: 40% of BMW's sales comes from China and it's 37% for Mercedes Benz. While KFC has 4300 locations in the US, China has 10k+ locations. VW had 50% of its sales from China at one point. Buick has something like 80% of all it's sales going to China and that's only with 2.5% of the market share there. For Tesla, it's 35%. 35% of Apple's net sales are from China. There's a Disneyland in Shanghai, Universal Studios in Beijing. The biggest market for the gaming company Steam is China with an annual revenue of $10 billion, that's followed by the US market with $3.2 billion, etc. The movie Avengers: Endgame made $630 million from China (that's more than it made in Europe and India combined). Half of Steam's player base are in China and the company Take Two (that produces games like GTA) recently revealed that half of its sales comes from China.
wrong. china is basically fucked. that's because their export as a percentage of GDP to America and the world peaked in 2005. Their growth has been mainly from building GFC (like HSR) and domestic consumption, while their exports has grown steadily at a slower rate. See picrel. This is the concept of dual circulation.
Here's a grim statistic, china's export as percentage of GDP is much lower than Germany or South Korea. china's export as a percent to gdp is 19.7%, germany is 47% and south korea is 44%. in fact the world average export as a percentage to GDP ratio is 29.3% which makes china's export ratio well below the world's average.
they also buy too much product from other countries. for example: 40% of BMW's sales comes from China and it's 37% for Mercedes Benz. While KFC has 4300 locations in the US, China has 10k+ locations. VW had 50% of its sales from China at one point. Buick has something like 80% of all it's sales going to China and that's only with 2.5% of the market share there. For Tesla, it's 35%. 35% of Apple's net sales are from China. There's a Disneyland in Shanghai, Universal Studios in Beijing. The biggest market for the gaming company Steam is China with an annual revenue of $10 billion, that's followed by the US market with $3.2 billion, etc. The movie Avengers: Endgame made $630 million from China (that's more than it made in Europe and India combined). Half of Steam's player base are in China and the company Take Two (that produces games like GTA) recently revealed that half of its sales comes from China.
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