Is China’s High-Tech ‘Overproduction’ Killing Jobs In The West? | When Titans Clash | Full Episode
607,331
Published 2024-06-07
Who is right? Are we about to see a trade war erupt between EU and China, similar to what we had seen between the US and China?
WATCH MORE When Titans Clash
• When Titans Clash | Full Episodes
0:00 Introduction
02:49 Protests against China steel exports
05:27 Western leaders on overcapacity problem
08:21 Comparative Advantage
09:04 As China exports, US loses millions of jobs
11:16 The impending second China shock
15:55 BYD ascends
18:05 The history of China’s electric vehicle dreams
22:30 China pushes back against overcapacity accusation
23:30 Auto industry in Europe cuts jobs
25:15 A trade war between Europe and China?
27:33 Solar in China
31:04 US solar makers go bankrupt
33:09 Trump’s solar tariffs
36:26 China’s Ambassador to USA responds
36:55 China exports to the Global South
39:38 How did China dominate battery industry?
42:30 The role of state planning
44:42 China’s moment of reckoning
#CNAInsider #WhenTitansClashCNA #China #USChina #MadeInChina
For more, SUBSCRIBE to CNA INSIDER!
cna.asia/insideryoutubesub
Follow CNA INSIDER on:
Instagram: www.instagram.com/cnainsider/
Facebook: www.facebook.com/cnainsider/
Website: cna.asia/cnainsider
All Comments (21)
-
The US has an overcapacity of weapons. 😂
-
This reminds me of the Sino-British trade before 1840. Britain couldn't win over China in silk, porcelain and tea, so it started dumping drugs on China. When China started to ban drugs, the British used cannons to force China to buy their products. So Westerners are very experienced in fair trade.
-
when you win : "free trade" when you lose : "that's cheating"
-
China is not overproducing, but rather over-efficient.
-
Blaming China is much much easier than improving yourself.🤣
-
Why they didn't blame China in the past decades when Chinese was doing hard and dirty work to produce low-end but yet cheap products?
-
West lost competition and started playing dirty tactics
-
All countries have overcapacity, that's why you export stuff...
-
The biggest overcapacity is US DOLLAR!
-
US and Europe never complained when they dominated car sales in China
-
When did Asia complain when the US was the factory of the world? I remember a time when the US exported anything from towels, beddings, and garments to luxury hi-fi equipment and cars. Those were also the years the US pushed for free trade and the abolition of tariffs. Asia didn't complain, but happily bought those goods, admired the US for its industrial prowess, and simply hoped that one day, Asia could do the same.
-
China’s ruling class learned from the painful lessons of the “Century of Humiliation”. At each juncture, China missed out of the past Industrial Revolutions. Hence, modernity was out of reach and it rendered the nation backward and weak. Chinese are basically hardworking and are fast learners with an average IQ of 105 and above (among the highest globally). Given a conducive environment and the right policies, Chinese tech can really take off and surge ahead. “Agricultural China” had been the leading economy for millennia and now “Industrial China” will take the world by storm. You simply cannot pull down a hardworking and innovative people. Period.
-
China's EV export is 15 percent of it's output while Germany , Japan and South Korea export 50 to 80 percent of their output. Overcapacity ?
-
Cheap won’t sell but cheap with quality will.
-
We cheat lie and steal but when we are loosing we cry.
-
When you have to tariff and ban your competitors products cause they're better and cheaper, you've already lost.
-
Messi should be blamed for over-scoring
-
US and EUROPE Auto Sale have been dominanting China market for a long time, but China has never said about Western overcapacity.
-
Germany sanctioning itself by buying overpriced fuel from the US instead of cheap Russian oil hasn't helped the situation.
-
The truth of the matter is, for the past 30 years America was investing in a global war of terror. While China and Asia countries were in vesting in technology and production of essential goods. Blaming China would not solve the problem, making structural changes in your investment will.
