Why is the West so desperate to compete with China's solar sector? | Transforming Business
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- čas přidán 28. 05. 2024
- China controls the majority of the global manufacturing process for solar energy - a stark contrast to its position 15 years ago, when Europe was the sector's unchallenged leader. The reason? A heavily subsidized industry and lots of government financing. As well as a sharp decline in costs for consumers. But Western nations decry an unfair market advantage. One Swiss solar panel maker is determined to stay competitive, by moving its manufacturing from Germany to the U.S. -- where energy prices are lower and they can tap into incentives offered under the Inflation Reduction Act. Do they stand a chance? And is it so bad if China dominates the market?
00:00 THE RACE FOR SOLAR POWER
00:36 GERMANY LOSES ITS GRIP
02:07 HOW DID CHINA GET SO FAR AHEAD?
03:08 SOLAR PRODUCTION IN THE AMERICAS
08:06 IS IT SO BAD IF CHINA DOMINATES THE MARKET?
09:28 A BRIGHT FUTURE FOR SOLAR ENERGY
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#TransformingBusiness #Solar #China
If I can compete, I want to”free market”, if I can’t compete, I want “fair market “
lol，you are right，bro，its so real
That's literally unintentionally citing statement from janet yellen in her recent visit to China commenting on China solar, steel ship building industries.
There's no true free market, and the entire point of this is that China is not free market as they massively subsidize the cost of their production, so others have to as well in order to compete -> fair market.
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@@leosv0China in charge means your country will suffer?? The evidence speaks otherwise. Everywhere any country who work with China are prospering but any country that work with US is looking at war, political turmoil,
So the US and EU can give subsidies “to stay competitive”. But if any other country give subsidies to stay competitive. They’ve sinned
So damned true. The US Gov gives subsidies, aid, EV incentive, tax cuts to its industry and consumers, but when China gives subsidies to its industry, that is a crime.
Then they are communists. Didn't you get the memo?
And sanction too. Don't forget the EU and US sanction of solar tech in China.
There is a lot, that is wrong with China, But subsidiesing PV production is not on that list.
🤣U$A leading ...but accuse other
17-2-2024 Biden administration subsidizes Intel with more than $10 billion
10 years ago: Solar good. - China supplies cheap solar panels: Now solar bad
Solar very good, that's why another country making some should be okay for China. No need to have a monopoly over everything.
😂
@@TK-tv5unIt is ok for China, they are open for competition, it‘s just the others are unable to compete. 😂
@@TK-tv5un that might be okay for china but not for capitalist private companies.
@@TK-tv5un Chins is very open to doing businesses. It is not their fault or problem that other's products are inferior, and the consumers voted with their wallet.
Why can't Chinese companies make profit?
Should all profits go to the West and poor countries stay poor?
China is a very good example of how a poor country can develop.
It took only 30 years for the transformation which is astonishingly fast.
Say whatever you want, but China shows a way to all developing countries.
With who's Intellectual Properties?
@@volcof1With China’s intellectual properties. How do you think China can manufacture that cheaply? Just low wage? China’s workers are not low wage anymore.
they got their own Space station which is advance than ISS.
@@volcof1 In fact, China does have the most patents for solar panels and electricity transmission
Where are the human rights, labor protections, environmental laws?🤷♂️
Due to the European sanction in the past, China has develop a fully independent solar power industry. LOL
Same story with aerospace, engineering, now EV and semiconductors.
Somehow sanctions have a boosting effect to China.
same with semi conductors. i think in 10 years semi conductors will have the same fate as solar panels lmao..
@@WasimKhan-kk6quI have no doubt about this. Ten years from now, let's wait and see about semiconductors😅
Messages received. Thank you.
China, subsidies, bad!
US EU, subsidies, good!
😂😂 Western hypocrisy are so funny 🤣🤣
Because of lost in competition ..
The main reason Germany+U$A come up with "XingJiang forced labour " story .
From an expert never even been to China.
The fact that China doesn't have to doll out much subsidies for its solar. While USA and the west does. Shows the trend this industry is going and YES Solar power is just another industry
Agree is great. China is leading renewable energy development
Forced labour in china isn't something USA or anyone else has come up with - china did that entirely on its own. Just as with the ethnocide which they are committing against the Uighurs.
And china is profiting massively off of this.
@@crithi1401When are you going to Xinjiang to see for yourself if there's genocide?
@ncche because there is no Law is a dictatorship I wouldn't go to seven star hotel for free or paid...w3356
It is not subsidies. China built a complete supply chain from mining to manufacturing to logistics, with the economies of scale to boot. No other country can match that. They are not violating free trade agreements. They just being more competitive. And it is all the better for the world.
Just like those EVs.
As well as some bonus benefit from building the huge solar farm, for example, turning wasteland to green and use for feeding livestock, known as solar grazing.
@@cheungchingtong Just like the fruits of the Western industrial and scientific revolutions which you use every single day but never think about and just take for granted ; )
@@OnlineEnglish-wl5rp You mean just like the gunpowder, compass that took the europeans overseas so that they could conquered and colonized others to gain those fruits? Maybe~
@@OnlineEnglish-wl5rp And that was how the West was able to dominate in the Industrial Revolution. Dominance in production technology from extraction of resource to manufacturing and logistics, aided by government support.
Yet did they (the Chinese) ever cry foul? Not really. They just learned from the Europeans. Now when they had shown their own mastery over this, it is the Europeans, so accustomed to dominance over the last 200 years, that decided to cry foul.
when western says "lets work towards green energy".Only China started....But now western regret.....
Average PER CAPITA emissions in China are now over one third higher than EU. This is despite China having a much smaller GDP per capita than the EU. EU leads China in curbing emissions. Even adjusting for exports, it doesn't close the gap. And yet China remains far poorer than the EU per capita for all that pollution it creates.
@@TK-tv5undo u mean “co2 emissions”? China by 2022 was 8.82, which is half of US/canada emissions. Even lower than South Korea… Germany is 8.16, not quite far from China.
@@TK-tv5un Deceptive framing. China has twice the population of EU and China being the world's manufacturer has a big impact on its CO2 emissions. If Europe was manufacturing as much as China was, their CO2 output would be much higher as well. However, China's been working on transitioning to clean energy for a long time now.
@@TK-tv5unChina produces the goods used in other countries. If you calculate the CO2 emitted from the goods consumed in the other countries, then subtract them from China’s emis Siong.
Nope. The EU & US tried to work with China. China said no.
I don’t like the word “cheap”. Are the more expensive solar products from EU better or actually worse? As a consumer, who doesn’t want to buy better products with lower prices???
You are right! Here in China we used to make shoddy low cost cheap labour stuff. Those days are passing and leaving. Now we make high end products and the cheap labour companies are leaving for Vietnam, India and Indonesia. (I wish them well.)
China has economies of scale, access to cheap fuel for their industries and state of the art tech.
Plus plus for all consumers.
Well local panels are certainly not worse, a lot of research still happens here. And honestly, unless we want to lower our average salaries to the salaries of the average Chinese factory worker, we have to accept that we will pay more for a similar product, because at the end of the month, we also have more to buy those products.
@@jorsm.3893 The salaries may, often, be lower here in China. However the cost of rent and food and basic stuff is also much lower. In the end people here are often getting more actual buying power.
@@Mr.Patrick_Hung Yes I know :) and it makes sense ofc that lower salaries would translate to lower prices of goods and services. I heard this from my brother in law as well, that he could just have food delivered all the time. Here that is pretty much unimaginable for someone living from a paycheck. But it's very hard to suddenly change that. Many people in my country have huge mortgages, if the cost of goods/services would drop significantly here, the wages would most likely have to drop, and that would leave many with trouble paying off loans. That is why I believe that buying the most affordable is not always in our best interests in the long run :) But it's understandably hard for people to resist, so policy needs to be made.
Did China sit down and waited for the solar panels to grow on trees?
Like everything else: through work.
This is such a nothing comment. Everything takes work, this doesnt meant anything lol. China isn't a person who gets up early. Its a country with policies, and those policies define what happens. What is subsidized and incentivised by policy gets done. Its that simple
@@dekumutant America subsidized solar for years, decades, but they didn't grow nearly as fast because America has to protect the profits of the electrical monopolies.
@@dekumutantIn order for these policies to succeed, YOU'LL NEED THE MASS POPULATION TO PLAY THE GAME WHICH IS "WORK HARD".
@@ZweiZwolf more like our oil overlords
@@mahfujkadir8973 Americans buy electricity from private companies with local monopoly power. The American electrical companies fought very hard to make residential solar expensive and uneconomical in order to maintain shareholder profits.
Thank you China for existing.
So, let me see if I understand your reasoning: Germany is losing a lot of companies (and jobs) because USA is subsidizing with billions of $ the companies that move there to produce solar panels, BUT the problem is the subsidies of the Chinese companies??? Right?
Don't meke me laught! Germany is a joke right now...
I also find the the german solar expert's message very odd. The german companies are moving to Colorado, USA, due to heavy subsidies from America, causing 100,000 job losses in Germany, but she is complaining about China's subsidies to Chinese companies? Is racism clouding her mind from the obvious?
There has been a strange development in Europe. Instead of politicians working for the ruling corporate class of their own countries, they are now working for the ruling class of the USA. Europe's economy will stagnate and fail as they get pillaged by the americans. This will lead to a collapse of the EU, and conditions like during the first and second world wars in Europe.
@@lemms It's not in the interests of any one in the West for China to have any leverage. As for racism, LOL having lived in China myself and seen how it is there, that's rather ironic
@@OnlineEnglish-wl5rp I can accept that it is not in the interest of any one in the West for China to have any leverage at all, but for DW to twist the truth and keep germans ignorance of the real reason why 100,000 german jobs are lost, will only harm germans. Why should Germany suffer for America's benefit?
At least Germany has broken the stereotype that they're all smart.
As an industrial electronics technician I had to quit in the western industry (at ZF Friedrichshafen AG) because the people there are extremely resistant to progress.
I was always fascinated by ZF's solar cell portfolio...
Yes, protecting their comfort.
@@never4ever386 ZF is not producing solar cells...
Zahnradfabrik Friedrichshafen translates to gear factory Friedrichshahfen
有机会可以来中国看看，EV的普及率很高了（绿色车牌为NEV，蓝色的是传统燃油车）
前两天看新闻，zf大裁员了😢😢我挺喜欢zf的变速箱的。
Westerners have a simple and consistant explanation for all fields that China surpassed them: China firms were heavily subsidised by gov.
Because they are
@@OnlineEnglish-wl5rp but they just unstopably boasting that they were subsidied, and cannot say any more detail
@@ngocphongle8922 What difference does it make to you? Do you know how the Chinese view your country?
@@OnlineEnglish-wl5rp if they Westerners know how exactly Chinese gov subisidied firms and it really impact to their competitiveness, they will not miss the chance to show in their argument.
How Chinese view my country? Is it relevant here???
@@ngocphongle8922 What difference does the detail of the subsidies make? The Chinese accuse the West of hypocrisy yet the way they run their economy is the epitome of hypocrisy. It's globalisation when it suits China and protectionism when it doesn't. The Chinese can emigrate all over the world - at least 50 million - yet there are barely 400k foreigners of any description in China.
I raised the issue of Vietnam simply to see your reaction since I know some Vietnamese take the Chinese side out of pure racialism
"What doesn't kill you makes you stronger."
-- An aphorism of the 19th century German philosopher Friedrich Nietzsche.
Indeed a bunch of cry bebe.. a panel alone doesn't have more values than the energy storage... So when the magical AI chips driven controller would happen
"What doesn't defend you will make you weaker."
It did kill you 🤣
Well, it killed many companies, so there is not point ...
It is not subsidies but economics of scale. It internal market is huge. Also it has the complete supply chain from raw materials to finish products. These factors cut costs.
A Swiss company bought a BYD Seal and then took it apart piece by piece, then priced each part with labor cost. they found BYD Seal is 35% cheaper than EU automakers, 15% cheaper than Tesla.
BYD has the ability to produce everything in-house. they even contract to build their own RORO fleet.
well said. Plus the Chinas domestic market.
Yeah 👍 China's winning the race, new superpower in making.
USA is like Britain in 1920s and China is like USA in 1920s
Europeans have a hard time understanding that the chinese counterparts are doing a better job. It's not only subsidies, but manufacturing capability, lower labour cost, lower energy cost, flexible labour etc
Subsidies go to encourage the technology development and the construction of the supply chain, then economies of scale replace subsidies. That's how China and many western countries develop new technologies. Once I heard a chief executive of Ford saying that the magic market share to stop giving subsidies is around 37%. Once your new tech gets 37% of the market, government can cut subsidies and the new tech will stay in the market.
Western countries also heavily subsidize solar companies. It says so in your own video. The reason they are not competitive isn't because Chinese subsidies. This is simply another scape goat.
china does it better because of the huge supply of engineers, good infrastructure, large domestic need, and sheer scale of the economy,
@@yuanruichen2564 Also because leadership thinks long term and not like our midgets. Make a huge difference
Logistics in China is just second to none. They are extremely efficient in that matter to the point the whole west can't compete directly at all.
Chine has its own supply of rare earth metals and other materials needed in solar and battery technology. They also own many mines for those in Africa, effectively controling majority suppy of those resources. Meanwhile western companies cant get those resources cheap without importing from China or others (or even importing from western owned mines in Africa). That coupled with low skilled labour cost, central planning, industrialized infrastructure etc give China a huge edge over the competition
@@MashZ And what's so bad about that? At the end of the day, Western countries still care more about protecting corporate profits. If the climate crisis is really that bad, why does it matter if solar panels are cheap and more accessible to consumers?
2:52 "China's political system ... allows for long term thinking" . That's too bad😂😂😂
can't be worse 😂😂😂
But it's true.
It's easy to say "muh we'll be on 100% clean energy by 2030" if you're only in power for 4 years and the next elected government will just scrap the commitment again.
Isn't this the common sense for any government?
better than every project for 4-5 years XD, for that time, many projects in China have just started HAHAH
😂😂😂
I think another reason is the competence of Chinese workers. My company subcontracts a part of our work to a China team. Honestly they are very competent and hardworking, I can see that their productivity is much higher than a local worker here at a fraction of the salary. The only problem is their English skills as well as the time difference but we can manage with that.
They are not English maybe you guys should improve your Chinese language too what do you think 🤔
@@user-tb5uq7wc3fvpn开的账户吧😂
And moral values.. they have none. It's learnt behaviour, so they don't do well in teamwork or higher level roles.
You clearly acknowledged that Chinese workers are more competent and capable. Maybe it's time you show them some respect and learn some Chinese, instead of suggesting they need to improve their English.
@@user-tb5uq7wc3fas a non English person who adopted English because it won the global cultural race... No, sorry. We don't need to complicate the world more.
If you have some issue with English being the global language, you can run that campaign.. I don't believe it would bring benefits rather than tribalism.
"If your government is in favor of international trade, and most European governments are in favor of international trade in principle, then you can't really complain when companies in another country start producing something that you want and they're producing it really cheaply and exporting it to you. That's just part of life." Based.
China leads the world in 37 out of 44 critical technologies and America only leads in 7, according to the Australian Strategic Policy Institute (ASPI).
Did you make an error somewhere? Russia commands at least 50% of the world's nuclear power technology market making it the clear leader in that field.
@@MWENDA-vv5im What's your source for that?
China just started up world's first fourth-generation nuclear reactor according to Reuter. China is leading in this race
@@MWENDA-vv5im What's ur source for that?
China just started up world's first fourth-generation nuclear reactor according to Reuter. China is leading in this race
@@aburetik4866 I thought it's common knowledge. Have you ever heard of a company called ROSATOM? This is a Russian company that is currently constructing more than 50% of all nuclear reactors being built in the world today including in China.
@@MWENDA-vv5imhe is asking your source and you keep bu sheeting
China is DEMOCRATIZING green energy in the world.
@MAGAChanelNo need to worry about that. Chinese people dislike some of the American policy other than normal American people. In fact Chinese people are friendly to foreigners as long as they are not offensive.
Oh sure. I'm sure they're going to share all that knowledge freely
@MAGAChanel Yes just be careful that you don't offend them. They are hyper-sensitive to even the slightest criticism
@@nazukixv Yeah the problem being it doesn't take much to offend them
@@OnlineEnglish-wl5rp Thank you for giving us a perfect example of what offence is.
My mental status has been tortured by ‘China being unbeatable’ and ‘ China being collapsing’. Could anyone give me some help, please.
都是对的也都是错的，我们中国人都不在乎别人说什么你为什么要在乎呢😂
It's hilarious, they lead on over 2/3 of key technologies but their imminent colapse is comming. Right now... any minute
It's the usual anti China rhetoric.
Here is your help. “China is collapsing” - Gordon Chang. The China expert who has been wrong for almost 30 years lol
The Chinese property market is in a huge bubble which cannot be deflated easily. A Chinese student I taught sent me a message about his job working for a public fund which literally ended with the line "I don't know if there even is a future, our economy is collapsing"
defeating Americans and Europeans at their own game!
China work hart for poor people, god bless china !
When China produces in mass quantity, the products will be cheap for everyone in the world.
you mean the slavery!
god literally can't because churches there are state owned
yes！哪些东西本来就不应该只是有钱人独享。要让穷人也能用得起，而且对穷人更有价值。
中国有句古话：锦上添花不如雪中送炭。
The irony that solar manufacturers cant afford to produce because of... energy prices.
How do Germans view the $200 billion Nord Stream 2 natural gas pipeline being artificially blown up?
America will be great again
hey DW, i thought about the topics for u for the next 5-10 years already. Why china becomes unbeatable in EV? Why china becomes unbeatable in Semiconductor? Why China becomes unbeatable in commercial aircraft?
Local solar manufacturing in the EU will always be expensive and have a small amount of jobs. The consumers need cheaper solar panels so let them import from China for the lowest price.
😂The same excuse also use on Germany car...
After German automaker Volkswagen was accused on February 14 of using Chinese-made parts that may violate labor laws, Volkswagen said later on the same day that several of its car models had been refused entry into the United States.
Porsche, Bentley and Audi models are all affected.
bingo
VW itself sent investigation delegation to Xinjiang and found nothing related to whatever the west accused China of, but so what, when they say you are sinned, then "you are"~🙄
China produced cheaper and better solar products because of technological innovation , not government subsidy. Isn't it good for the world now that solar energy is more accessible to more countries.
If someone still argue that China solar panels are cheaper because of government subsidy , then we all have to thank China for subsidizing the world to achieve a sustainable earth environment.
Thanks to china we can have electricity all day without the hight cost of grid elecrricity and loadsheding in pakistan.
🇵🇰🤝🇨🇳
One of the unstated reason is US has largely funded for years creating a chocking point for Chinese energy supplies through Malacca strait.
China is trying to be self sufficient on energy through renewables.
China simply scaled up. Europe never produced that many panels, so their scale factor was low, resulting in high per-unit cost from upfront capital expenses being spread across a small number of units. China moved solar to hyper-efficient mass production, driving the per-unit cost down to pure production, as capital costs were spread across truly massive amounts of volume. At this point, China no longer needs to subsidize the industry because the volume is so high.
Also, it's not like the US and Europe hadn't been subsidizing solar for years, decades. It's just that the fundamental scale never got high enough to drive cost down like in China.
US should consider sanctioning all products manufactured on a massive scale because that is simply NOT fair to small producers, as massive production on gigantic scale distorts the world market.
There you go.
中国老喜欢做一些没有用的事情，请忽略他
Could you stop flashing the screen? IT hurt my eyes！
it makes us release dopamine 😊
Well, they really tried to compete then do bully when realized it didn’t work.
LOL "bully" says the county with hardly any allies in Asia...
Long live China🇨🇳✅
Brazil's moves aren't against China per see; Brazil is really protectionist - for example, cars have a 35% import tax here - and always tries to force companies to relocate manufacturing into the country. It's doing that to solar panels now because Brazil consumes so many solar panels, it believes locally manufacturing the solar panels it uses would be feasible.
Will it help to stop deforestation of Amazon forest?
@@TheKkpop1pls don't bring in other topic.
That the topic of vertical farming. @@TheKkpop1
@@Sengyipgoh protecting the rainforest is just as important as boosting solar.
@@TheKkpop1 there will be no trees in the world by 2050, don't worry about one forest, you should worry about all of em
They made this things called factories.
also they have Sun and Sand.
@@ChessPlayer78
And most importantly they have the thing called "Land".
@@ChessPlayer78 Wise men indeed.
But surely Europe could come to some sort of arragement with, say, Libya?
yeah I doubt it with the immigration crisis, it's political suicide@@urbansenicar81
@@urbansenicar81 Libya has been distroyed by the U S and EU, and now it is being destroyed by their own people in Civil War and the country is divided into two, east and west parts.
According to the IEA (Int. Energy Agency), an incredible 217 GW of PV capacity was installed in China in 2023.
*This means that China installed 6.5 more than the USA (33 GW)!*
China installed 148% more than in the previous year! And China exported 200 GW.
55% of global green electricity capacity (= wind, solar, hydropower, etc.) in 2023 was installed in China alone.
This is the kind of competition betweet west and China that we wanted. Competition of having a clean energy source, not having the most advance missile or nurclear bomb..
当西方在竞争中失败，他们会转而把航母开进你的家。 参考1840年鸦片战争
So by restricting the import of Chinese solar panels which are said to be cheaper and better, you want EU consumers to buy German Solar panels which are expensive also inferior to the Chinese panels just to keep the job??
Insightful!
its a matter of strategic autonomy. some imports from china are ok but if everything comes from there what happens if it stops? better to protect some level of european production with punitive tolls.
Competition and innovation won the day.
Innovation needs assistance or subsidy, no matter which way you look at it.
Now all global citizens can benefit by installing these solar PV systems locally. Everyone needs cheap and fast electricity. I will install solar PV vertically along my fence to heat my highly insulated basement floor silently emitting gentle heat into our home.
It's the reason solar and wind energy became the cheapest.
So why is cheaper solar a bad thing.
Are we or are we jot trying to save the planet ?
Cheaper is more affordable, which means more solar energy ...
Other than China, it's ok to have some dependencies on any other countries. That's the whole idea and I get it.
Just like what is happening now on EV. They says the only reason Chinese evs are competitive is the government's subsidies. So how can u explain that the same Volkswagen id.3 is third times expensiver in Germany than it in China? Volkswagen is also a Chinese brand?😢
funny
An importer who imported cheap Volkswagen cars from China was fined hefty by the German government in conjunction with Volkswagen. Couldn't the German government take care of the German people? Germany, please wait for your people
This is a victory for free trade against protectionism🥳
America has been maintaining the bulldog approach(aka protectionism) with the whole concept of free trade behind them. I'll be honest I dont think you understand at all what you are saying, you are welcome to explain.
If massive government loans and land grants somehow count as free trade mechanisms.
@@bluecedar7914tell that to the American conglomerates exploiting the world
@@bluecedar7914 cough cough... tesla, space x... 👀
This isn't free trade. It's just massive state backing. Good on China for getting in early. Hopefully, my country does not allow product dumping.
European countries subsidized more. Remember, it's the German who gave a lot of rebates to install solar panels a decade ago. They started the subsidy game. Tarriff on imports is a form of subsidy to domestic firms too.
but Germany did not go through with that. It is a good thing China took over, when Germany dropped the ball.
Same as EV now in EU.
They subsidized instalation, not manufacture. That's the key.
@@andresgarciacastro1783 so that the manufacturers can sell more at a higher price and come back to make more. That's the same thing.
@@dr.zschanel3671 Yes, so technically we subsidized Chinese manufacturing. Very smart
Tomorrow, is it possible that the US and Europe may try to subsidize their local companies to produce shoes, socks, garments and toys in their own countries, after they find out they are depending too much on China, Southeast Asia and Mexico for these necessities?
Shoes, socks, garments and toys are not strategic goods, PV panel are, because they will provide approximately half of our sustainable energy in the near future.
The Western companies are attracted to the Chinese laborers and infrastructures, that why they set up shops in China. They made a ton of profits, right now the labor costs in China had been up for years now that why the Western companies are moving out of China. It has nothing to do with DEPEND ON CHINA too much....in the business world, there are always profit motives....the businessmen go where they can make the most profits.
Energy is more important. Pronanly the most. Having your literal geopolitical enemy have you by the balls is a bad idea. Look at Russia and Germany.
Jesus you guys have no critical thinking.
Nothing wrong with government giving a helping hand. China has less standards all down the supply chain, and cheap labor on top of keeping their currency cheap for export.
So china can subsidized the west can't mr Chinese 50 cent army
yeah but that would make us be like the Chinese. we dont need none of them chinese policies
China has the cost-volume advantage and the Chinese workers are smart and hardworking especially for the Motherland
Remember the 90s and 2000s solar boom? Germany didn’t raise the import tax for the subsidized Chinese panels that had been produced with cheap labor. Yeah.
Just concentrate on doing what is right for your people your country, never mind what others are doing, because other people are doing what is best for them and their country!
If you think China production is cheaper because of cheap labour, why don't you invest in your allies that have cheap labor, like east europe for production? China labour price is now only cheaper than developed countries, which in total has less population than China. If you think it's government subsidy, which every country does anyway, the more you buy, the more China loses.
It's a simple principle really. It's like a chief and his young assistant. The chief while getting older and very much experienced put his price tag to a higher level. A young assistant learned from his boss's mistakes and made it better and cost effective.
Good pattern that shows between the British Empire, the US, and China.
US succeed British Empire, for good geography and mostly fight for selling
China may going to succeed the US for also good geography, making diplomatic relations in involving themselves in big projects than wars.
Love to see rising superpower learn from their predecessor’s mistakes & advance their advantages for their own.
China was doing this for energy security. And their people enjoy cheap energy and food. The West is simply not reliable partner for anything. This is the same thing as MRI, Airplanes, etc. The west always charge a ridiculous high prices to buy these stuffs and then weaponize them threatening sanctions and bans. The excuse about China subsidizing is simply an overused excuse. It is not like US and Europe don't subsidizing their industries especially like Boeing and Air Bus. The world need to de-risk from US and Europe since the west don't listen to the rest of the world. Most of the western politicians really don't care about improving people's life. They just want to make sure they can sell their ideology.
The west want everyone to open the market when they were selling their stuffs to them. Now they need to buy from other countries. They all want protectionism. In contrary, China is blocking anyone from making solar panel. If the role was reverse, I am sure US would be going around the world asking everyone to block China.
Ture！
The US and EU are actively doing this, such as new electric vehicles. The US gov blocks any Chinese technology.
LOL the West and America in particular made China. Where did the Chinese get all the science, tech and capital from in the first place?
@OnlineEnglish-wl5rp so what? They're losing now.
@@Nash0303 Losing what? China's economy is slowly imploding. The people who think they're so much cleverer than everyone else have blown a massive property bubble which they've got no idea how to unravel. They've stopped publishing the youth unemployment figures.
China is a massive hype, it's all about "face". They finally succeed in one sector and all of a sudden they're world leaders... When did the Koreans and Japanese boast like this? Their products are popular and yet those countries don't attract anything like the hostility that Chinese does because they don't have a supremacist mindset
"knock!knock!"~~~''open ur door!it's free trade!!!"
This is not surprising.
US is not keen on green energy because it is rich in fossil fuel resources.
While Europe likes to do most is to use love to generate electricity or freedom and democracy to generate electricity. The best way for Europe to block external competition is that sweeping robots can be named also as tools of war or security.😂
I dont follow what you mean about europe. Care to explain?
@@feariusMy meaning is clear. Europeans spend too much effort on ideological battles. Any politician in Europe can make any nonsense remarks w.o any proofs or common sense, and then amplify them by medias to destroy the market efforts of companies that have spent decades. This will of course make European companies lose their competitiveness in the world.
The radical members of the European Parliament are a stumbling block to Europe's economic competitiveness.
For example,
It’s the Estonian Foreign Intelligence Service that says sweeping robots have safety issues! This small Nordic country does not have any trade outside the EU, so who does it want to hinder? Of course it is towards the other major European countries that have mutual trade relations!
@@Pietrofs75
It's easy for the US to bribe small countries to vote against the EU as a whole: divide and rule.
It is not about rich on fossil fuel resources or not but global warming…US has emotions more than whole Europe!
@@Pietrofs75good take!
instead of developing solar panel technology, Germany should send their money to Ukraine for freedom. because freedom over everything
HAHAHA
Make sure you are kidding us.hahaha
hahahaha
This 😂😂😂
😂😂😂
Most things made from western market are too expensive but China has made it cheap for both third and first world countries China has the edge
China suppresses its currency value
Because American corporations outsourced all their production to China ; )
I wish the US would subsidize the iphone, so I could use a cheaper phone.
As a consumer, I only care about price and quality.
No you don't, you buy iphones, you don't care about quality.
@@andresgarciacastro1783they only care about social status
In short!!
We are experiencing the end of Western and USA power and era 😊
📝 Summary of Key Points:
📌 China has become a global leader in solar power, outpacing other countries in solar energy production.
🧐 European manufacturers are facing challenges due to competition from cheaper and more efficient Chinese solar modules, leading to bankruptcies and job losses.
🚀 China's dominance in the solar market is attributed to government policies, state funding, and a strong manufacturing capacity that has driven down prices and spurred innovation.
💡 Additional Insights and Observations:
💬 "China controls 80 to 95 percent of the global solar production supply chain, driving down prices and spurring innovation."
📊 European solar panel makers struggled to compete with China's heavily subsidized solar modules, leading to job losses and market challenges.
📣 Concluding Remarks:
China's rapid growth in solar energy production has reshaped the global market, impacting manufacturers worldwide. While China's dominance has driven down prices and increased solar energy adoption, it has also posed challenges for other countries' domestic industries. The competition and innovation spurred by China's leadership in solar power highlight the complexities of the global renewable energy landscape.
Generated using TalkBud
It's a rather short sighted policy.
The number of solar manufacturing jobs are limited and tend to be low paying. Whereas the number of solar system installation jobs are much higher paid and there are far more of them. This is magnified with the massive decrease in panel costs, where many people who would not otherwise be willing to buy a system are suddenly presented with far cheaper options.
The overall reduction in C02 and increase in jobs is a good thing to my mind.
a Chinese company bought Solyndra, a soon to go belly up US solar panel maker and never look back. CATL bought a Japanese battery company because Japanese automakers decided hydrogen will be the future.
when you buy a soon to go belly up company, you're buying their patents, and then you go from there.
China is no USSR. You can't stop her from blooming. Why is it so hard for the US and EU to understand?
China has a rise and fall cycle of 300 year
The west is unhappy
Because China enter its
Rising period
They will stagnate worse than Japan because of their old population and it's just 100 years of CCP , USA not only survived but won wars put up organisations that control the world
DW lets the cat out of the bag: China's grip on the supply chain leads to lower prices and spurs innovation! 3:27
It leads to lower prices because Chinese people get underpaid. Keeping the people poor so the party gets richer. And how does it spur innovation?
Hush, let's not unveil the hidden malpractices. Sifu Xi and his cronies might take offense. After all, he's just a Wumao.@@Cha-jq2po
@@Cha-jq2poyou talk like the west didnt do that in vietnam, india, mexico
There is no innovation there by China, they are just making the solar cell the same way the West has taught them decades ago with very little innovation.
And subsidies
When this guy said china perfect country to think long term, is he implying democracy think in short term?
Where have you been...election is every two years or 4 years?
制作内容的人已经着魔，尤其关于中国🇨🇳的议题。当他们讨论不存在的问题时，说话会没有任何逻辑思维，估计只想等着赶紧下班。只能说德国🇩🇪政府资助的媒体工作者没有知识储备，政府的钱好骗。我现在知道德国过去那么优秀的人，怎么会有这么垃圾的媒体，看来德国人想生活在谎言中……
Yes. Democracies only think as far as the next election. Every 2 years in the USA, so they spend 1 year working and 1 year trying to get re-elected.
That's the downside of democracy. It's not perfect but still it's better than authoritarian governments.
If you get it done within 4 years the opposition will run against you saying it was bad and a waste of money, if it takes more than 4 years the next government will scrap the idea or claim it as their own.
true fact: the customers and clean energy advocates are the winners.
Additionally, it is also a huge step for the world to better reach their net carbon neutral goal that we have always struggled to reach.
China driving down the cost would mean more availability for millions around the globe.
You would think a solar manufacturer would use some of its products to supplement their power requirements
Most modern factories in europe have solar panels on their roof. Its nowhere near enough tho.
it's not just the solar industry, but also all other electricity-related industries, ev cars, batteries, etc.
China stole advanced solar technology from the West.
China has even stolen technology the West hasn't invented yet.
China stole advanced solar technology from the West. This is why the West no longer has advance solar technology. It was all stolen.
I have Made in China affordable Rooftop Solar for 12 Years Now. Production 6000 kWh every Year. Thank You China ❤️.
Most of solar panels sold in the market in the Philippines are Made in China and the prices are going down year to year
For people in poor countries, freedom should give way to food and clothing. Western countries are always eager to promote freedom to poor countries, disregarding hungry people. The West does not equal the world. Developing countries should recognize this and make their own people happy rather than capitalists happy. This is the ideal that poor country politicians should have.China go！
The US should nationalize the solar industry and stay competitive. Corporate greed will not allow that, will it?
The Chinese government could see the promise of investing in solar panel , battery and Electric vehicle production and fostered their manufacturers of these products. Western nations and their corporations outsourced their manufacturing to China for short term financial greed. Chinese manufactirers now lead the way in these products. Short sighted Western nations could have but decided not to do the same as the Chinese.
After all, we all live on the same planet. Every innovation is welcome.
As Vietnamese, we feel ashamed
Insane to me the planet is dying and of course “profits” and “markets” matter more…humanity man
Humanity is the reason why planet is dying. You logic is inconsistent.
@@neneklampir6664 we can live with the planet but all this consumption isnt good at all
@@neneklampir6664 you didn’t understand a single word I typed I’m literally saying humanity is the cause of this and we’re trying to MAKE MONEY INSTEAD OF FIXING THE PROBLEM WE CREATED. Reading is critical.
What are the labor costs per hour in Colorado Springs in comparison to India, China, Mexico? Are the new subsidies the only argument for producing in the USA?
the intention of subsidies is to make these kinds of comparisons negligible when factoring in expertise. I think the biggest argument for producing in the usa is corporate taxes
Add energy costs, and producers want to produce where they sell. And the US are just an attractive market.
@@Cha-jq2poUnder Obama, a company called Solyndra received 555 million dollars loan guarantees. Two years later, the company went bankrupt. The same can happen when the subsidizes end!
Any production line in the US will be so highly automated that the labor cost is not a significant input to the overall cost.
It's the technology and supply chain that counts, not your hard labour.
You can make products with higher performance and quality instead of complaining about China taking away your jobs
Why is DW so obsessed with China and Russia? Can anyone please explain this obsession to me?
德国之声应该是美国之音😊德国和中国关系并不差😊
China is doing things unbelievable fast and scale .
All in all it is the one party system that has made the national strategy and goals possible, like it or not!
I love that conclusion
Cooperate when necessary, blockade when competing, Western democracy
Made in germany?That's too expensive
They didn't mention a huge problem Germany had around 2006-2018. Germany elected a very pro-russian gov't that was in bed with Gazprom (russian natural gas). The result is that the German gov't stopped a lot of the green projects and instead went all in on Nord1 and Nord2 and other engagements with Russia. Even today, a huge amount of ex-german politicians now work for Gazprom and its' german subsidiaries.
So are they now working for 🇺🇸 now from one master to another
doubt it, the political scene in europe is starting to be untrusting of america, tho denmark is still the little guard dog
@@user-tb5uq7wc3f
Germany is dying, why do they need jobs? Seniors are not going to work in factories.
China people are diligent and hard-working, while China focuses on economic development rather than waging war abroad.
If the population of young Chinese people is in 60 years one quarter of what it is now due to demographic collapse then where will all the products currently being produced in China be produced in 60 years?
Can China use robots to maintain production levels?
One recent article said that in just the three years from 2019 to 2022 the Chinese working age population of China decreased by over
40 million people.
Even for a country as big as China that's a very fast rate of loss of workers to deal with.
That's like losing the entire British workforce in just three years.
i mean thats a first world problem, they got years to better those numbers and a government who probably would incentivize getting kids
@@mahfujkadir8973a country having a workforce of over 900 million won't have a major effect if 40 million left working
China noticed the Problem and investing now on Robotics ans A.I. China is planing in Long term. Not Like USA from election to election. And EU don't habe a Plan vor anythink😂
@@Arkham-kq9uf they still got over a couple hundred million people plus we can say the same for western countries but they got way less of a population
What's to be noted is that birth-rate of every country in the world (not just China) has severely declined. Another thing to note is that those videos don't mention that the 55 Chinese minorities were never impacted by the one-child policy, so it's going to be interesting to see how those groups will affect China in the future. Then we also need to account for their advancements in robotics and AI.
They implemented driverless buses and taxis last December after like a year of trial phase with plans to expand to 50 cities by 2025 and 100 cities by 2030.
Solar is the cheapest way to make electricity because energy source is sun which is free. Countries that don't move to solar will face high energy prices.
-what solar panels were wrong?
-it's made by china.
-hey!!
-oops they give subsidies for Solar Panel Produce
-Indeed
Put your head down, work harder and thinker harder! That's how thenChinese do things!
Great analysis and presentation. 👍👍👍
The Western countries prompted the concept of green energy, and when China succeeded in manufacturing solar panels, the Western governments said they would exit this green agreement.
In India the cost of the solar installation is already under 400 dollars per kw even for small residential 5kw installation. Costs are much lower on a larger scale.
If you add govt subsidy on top of that it is much more cheaper
That solar facility should probably move to Hungary to take advantage of lower cost labor much the same way BYD opened up there rather than in Germany... Ditto for BYD's car division... Mexico rather than the USA even though it has existing bus/battery operations in Lancanster, CA north of Los Angeles...
It was almost forced closed down because US law makers alleged byd buses were installed with spy camera and electronic data transmission to the servers in China. It's a national security threat for anything which is made by Chinese entities.
China will set up in Mexico so they can export FTA to the USA and across LatAm.
Hungary has an industry pedigree from 19th century, with a sophisticated working class
Bro worry about you and Japan. India 🇮🇳 crossing ya both in seconds now just anytime 🤣