beijingwalker
ELITE MEMBER
Japan surely amassed some overseas assets, but with this speed of rising trade deficit, they will be exhausted very soon, they better save some money for the bleak future
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Japan surely amassed some overseas assets, but with this speed of rising trade deficit, they will be exhausted very soon, they better save some money for the bleak future
I also like to see how their assets will run out down this fast rising trade deficit path, I would say within 5 years, how long would you think? their last stronghold is car industry, but even that now is being seriously challenged by the newcomers.Wow, so concerned. Like how soon? You aren't saying this because you hate them?
There are 100+ economies smaller than Japan which record current account deficits annually, and most of them didn't collapse. Not to mention Japan still recorded 2% current surplus in 2022, the so called 'worst' year in many years lol.
I also like to see how their assets will run out down this fast rising trade deficit path, I would say within 5 years, how long would you think? their last stronghold is car industry, but even that now is being seriously challenged by the newcomers.
You mean Japan's debt and deficit ridden economy is ok and they should not worry about their future? But Japanese themselves are mostly pretty pessimistic, you should write more to cheer them up a bit.But oh well, I don't think you're interested in what I've explained. As seen from your 99th thread on Japan's trade deficit, you are just taking the opportunity to bash Japan and gloat.
That vendetta company doesn't sound like a company that can undertake such a big investment. To be honest, I don't see this deal materialising at all, much less in 1month.Dholera is the home of Foxconn-Vedanta’s $20 billion semiconductor fabrication plant
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Taiwan’s PSMC might partner with India to help set up semiconductor fabs
Having experience in setting up factories in joint ventures with mainland China, PSMC might assist Indian and large local companies such as Vedanta or Tata in setting up factories and training talent for fabs.www.google.com
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Dholera, Gujarat's futuristic greenfield city in making — from solar park to Make in India chip hub
A pet project of PM Modi, Dholera smart city has been shaping up at some speed. The first phase, spread over 22.5 sq km, is expected to be completed by 2025-26, officials say.theprint.in
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Apple Partners With Sunny Opotech for $300 Million Camera Module Factory in India - News18
Sunny Opotech will begin manufacturing exclusively for Apple in 2024, following initial product testing in China.www.google.com
Im not sure if you deliberately ignored everything else he said. In short a significant amount of the foreign surplus China accrues is due foreign companies merely producing their goods in China and then exporting it abroad to make even more profit. In fact even Vietnam also enjoys a trade surplus due to Japanese, Korean, Chinese, Taiwanese and Western companies moving their factories to Vietnam and exporting from there for more profits. Does that make Vietnam better than these countries? Its similar to China emerging as so called largest car exporter after Japan, meanwhile most of those exports are not even Chinese brands, but foriegn brands just making their cars in China and exporting them from China for more profit and revenue. It would have been much more significant if they were Chinese companies making chinese brands and exporting them abroad. Its like say if tomorrow BYD set up its plants and factories in India or US and start exporting them from there to the world, and the US and India start claiming they are better than China simply because they are exporting more Chinese car brands than China. LolYou mean Japan's debt and deficit ridden economy is ok and they should not worry about their future? But Japanese themselves are mostly pretty pessimistic, you should write more to cheer them up a bit.
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Survey Finds Young Japanese Have More Pessimistic Outlook than Peers in Other Countries
A recent survey conducted by the Nippon Foundation found that Japanese teenagers had a far from rosy view of their country’s future.www.nippon.com
Im not sure if you deliberately ignored everything else he said. In short a significant amount of the foreign surplus China accrues is due foreign companies merely producing their goods in China and then exporting it abroad to make even more profit. In fact even Vietnam also enjoys a trade surplus due to Japanese, Korean, Chinese, Taiwanese and Western companies moving their factories to Vietnam and exporting from there for more profits. Does that make Vietnam better than these countries? Its similar to China emerging as so called largest car exporter after Japan, meanwhile most of those exports are not even Chinese brands, but foriegn brands just making their cars in China and exporting them from China for more profit and revenue. It would have been much more significant if they were Chinese companies making chinese brands and exporting them abroad. Its like say if tomorrow BYD set up its plants and factories in India or US and start exporting them from there to the world, and the US and India start claiming they are better than China simply because they are exporting more Chinese car brands than China. Lol
So i think what @Mista was saying the best measure is to look at the cureent account balance since it measures what foreign multinational companies make as profit from their brands exporting from China or singapore or Indonesia etc, since that is much more accurate if you want to look at it from that countries own internal point of view.
Its similar to China emerging as so called largest car exporter after Japan, meanwhile most of those exports are not even Chinese brands, but foriegn brands just making their cars in China and exporting them from China for more profit and revenue. It would have been much more significant if they were Chinese companies making chinese brands and exporting them abroad.
Did I say Japan will collapse overnight or anything? what do you exactly want to say? this thread is about China's record surplus, there's another thread about Japan's record deficit, it's just a news piece, no one said Japan will collapse soon, so I don't know what you guys brought that here for.Im not sure if you deliberately ignored everything else he said. In short a significant amount of the foreign surplus China accrues is due foreign companies merely producing their goods in China and then exporting it abroad to make even more profit. In fact even Vietnam also enjoys a trade surplus due to Japanese, Korean, Chinese, Taiwanese and Western companies moving their factories to Vietnam and exporting from there for more profits. Does that make Vietnam better than these countries? Its similar to China emerging as so called largest car exporter after Japan, meanwhile most of those exports are not even Chinese brands, but foriegn brands just making their cars in China and exporting them from China for more profit and revenue. It would have been much more significant if they were Chinese companies making chinese brands and exporting them abroad. Its like say if tomorrow BYD set up its plants and factories in India or US and start exporting them from there to the world, and the US and India start claiming they are better than China simply because they are exporting more Chinese car brands than China. Lol
So i think what @Mista was saying the best measure is to look at the cureent account balance since it measures what foreign multinational companies make as profit from their brands exporting from China or singapore or Indonesia etc, since that is much more accurate if you want to look at it from that countries own internal point of view.
Im not sure if you deliberately ignored everything else he said. In short a significant amount of the foreign surplus China accrues is due foreign companies merely producing their goods in China and then exporting it abroad to make even more profit. In fact even Vietnam also enjoys a trade surplus due to Japanese, Korean, Chinese, Taiwanese and Western companies moving their factories to Vietnam and exporting from there for more profits. Does that make Vietnam better than these countries? Its similar to China emerging as so called largest car exporter after Japan, meanwhile most of those exports are not even Chinese brands, but foriegn brands just making their cars in China and exporting them from China for more profit and revenue. It would have been much more significant if they were Chinese companies making chinese brands and exporting them abroad. Its like say if tomorrow BYD set up its plants and factories in India or US and start exporting them from there to the world, and the US and India start claiming they are better than China simply because they are exporting more Chinese car brands than China. Lol
So i think what @Mista was saying the best measure is to look at the cureent account balance since it measures what foreign multinational companies make as profit from their brands exporting from China or singapore or Indonesia etc, since that is much more accurate if you want to look at it from that countries own internal point of view.



