Electrical appliances cheap as cabbage: exporters at Canton Fair are in despair/China's overcapacity
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- čas přidán 21. 04. 2024
- #chinainsights#Chinanews
As China has become increasingly enclosed in recent years, it's hard to tell if what's happening in China is real or fake. The 135th China Import and Export Fair, also known as the Canton Fair, kicked off on April 15, 2024. It has always been known as "the barometer and weathervane of China's exports." To highlight the importance of the Canton Fair, Chinese Premier Li Qiang went to Guangdong to reiterate China's unswerving commitment to expanding its openness to the outside world at a high level and promoting free trade and convenient investment.
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China: "We don't want any foreigners inside china"
Also China: "Why does nobody come visit our trade fair?"
Yeah, 'tis a mystery...
Stupid comment, tell me your source when China said they don't want any foreigner? Do you watch news?
Chinese cabbages and electrical goods are both same quality. Last about two days. Here in Australia many importers are now sourcing products from Vietnam, Cambodia and Bangladesh. China is at the bottom of their list.
Who would be foolish enough to spend or invest a dime in China ? Maybe the CCP knows...lol
your idiot, see the data😂😂😂😂
I import containers of goods into europe from china for last 20 years.
@@allykhan8594 totally believe you
@@allykhan8594every flea market in Europe is filled with Chinese made goods. Eye opening
Central Asian countries
Part of the problem with China's electronics industry is their fixation on “cheap”. Too many people have purchased these cheap products only to have them fail, China needs to move from cheap to “good value”.
Hence Xiao Mi and the likes getting more support from gov. subsidies.
I can’t believe they’re actually surprised that people aren’t buying!? Smdh!
Business in a country that has announced it is going to war by 2027 with Taiwan is crazy.
Wherd has it announced that? You must be crazy. Taiwan has always been a territory of china regardless of different political views. U.s.a shud give bk to guantanamo bay to cuba and deigo garcia bk to mauritius to name a few.
@@allykhan8594 Oh hey a chinese on a VPN, Taiwan is not chinese territory.
@@bloodyidit4506 i live in London
@@allykhan8594 r u on some drugs? ROC has and will always have sovereignty over Taiwan, PRC/CCP/CPCC/PCCP/whotfcaresaboutyourshitgovernment has no rights to it what so ever, so best shut up wumao shill
@@allykhan8594 It's the other way around, China belongs to Taiwan as it's the legitimate government that has fled from communist rebels.
I guess people have finally realised, if it's made in China it is sub-par quality
Like the iPhone
But not always.
Some China stuff is cheap but lasts forever
China is more than capable of producing quality products at affordable prices, providing you with good ROI. Unfortunately, there are also many unscrupulous Chinese who like to cheat. Be extremely careful
All of the companies that used to be there... left. The investments that investors made all were lost. China isolated itself. NOW they are trying to bring them back, but all of the investors and companies are once bitten, twice shy.
"as cheap as cabbage"
Cabbage has almost reached 5$ a piece here. Quadrupled in price since the lockdowns. Not a good metric to gauge how cheap stuff is.
Fake wax cabbage costs way less than that.
FAKE CABAGE FAKE TOFU...
All we have to do is impose import taxes that price China out of the US market.
No, go a step further and ban everything. Us in the U.K. need to do the same.
Then we have to choose to buy a toaster and bread. We can't afford toasted bread.
Say you are free and open, but not actually be free and open in any way whatsoever...
Good strategy
The USA is trying ok.
@@mindful_minipods I'm referring to China, not the USA
I'm pretty sure that a cabbage would last longer than most of these products.
Tofu Dreg Electrical appliances in China 😂😂
Unless the cabbage is also from China.
@@machector892 in that case it will last extra long, being treated with a lot of chemicals from start to finish should make it impossible to perish.
@@chimagamer4157 That’s a very good point.If anything is from China,it will either be made of chemicals,waste materials or both.
😂
No matter how they try to spin it "Made in China" will always mean cheap tat. Good speech from Ms. Yellen.
All they have to do is offer a single free egg per customer and the entire populous will flock there
or free bottle of gutter oil.
here in indonesia, many local seller suffering as 'made in china' product flooding in and they sell their product at unreasonably cheap price. for consumer it might be good, but for local seller what they do is troublesome
China is on it's second gen of sodium-ion batteries, the US is sitting on the world's wealth of soda ash. Does anyone else seeing a big big missed opportunity for the US? (soda ash is used to make sodium-ion batteries)
“My appliances!!”--Cabbage Man
Damnit you beat me to it 😂
Cheap Chinese crap!!!
I agreed 😊
Better than american crap, british crap ain't even british.
Chinese child slave labor
@@allykhan8594 lol ... what do islamists make? apart from suicide jackets
Ok CCP Bot @@allykhan8594
No matter how the CCP likes to 'Spin' their rhetoric, the damage is 'Irrevocable'.
Tofu Dreg Electrical appliances in China 🤣
I just hope we ain’t taking their crap 💩
What Damage do you mean?
DECOUPLE FROM THE EVIL DICTATORSHIP
The Emperor's New Fairly Fake Fare for Foreign Fairies?
Quality will be compromised because no volume sales.
@liowyew "Quality will be compromised because no volume sales."
There has never BEEN any quality to compromise! It's all GARBAGE!
Make friends rather than enemies 1st...
12:12 that's a real let down & I finally see why economies need to have a balanced manufacturing base for at home.
5.3 increase in gdp indeed.
That's the Western IMF estimates, look at Germany and UK (recessions) You are a no doubt!
@@3xfelix that’s China “official “ media release🤡
@@3xfelix Found another CCP member
@@3xfelix So, they own the IMF as well?
@@knightsnight5929 Not impossible given how good the CCP is at capturing institutions, but more likely they only see data the CCP wants them to see.
Brilliant livestream! The Canton Fair never ceases to amaze with its scale and opportunities. Cheers to global business connections! 🌍 #CantonFair2024 📌📌📌
OKAY???? troll
One of the benefits of the pandemic was to reveal the weakness on relying on CCP China in the supply chain. Without this jumpstart, companies wouldn't have been able to make a clean break from China.
Third-world problems for a third-world country.
since they are mostly cheap copy and therefore isn't any IP to steal, what's the point to go there?
They hire farmers to go around the exhibition. These farmers eat all the free candies!
Yay 367k Subs ! :)
we're now buying are simple electrical goods from India and our tools from Korea. It's not only a quality thing but also a price issue.
It’s funny how Indian made goods work way longer than Chinese crap. Japanese and Koreans are known for quality but Indian made are still way cheaper and better. I don’t understand Chinese stuff haha.
cant find spare parts for my caffe machine. aliexpress is not as cheap as 10 y ago
China and free trade. 😂😂😂😂 To invest in China, you must ask Chinese firm for that.
Chinese products are fine...if it has no moving parts and you know the life expectancy is very short.
The same excess production capacity that is causing so much trouble now in he PRC is what made the Walton familt members all multibillionaires.
Tofu Dreg Electrical appliances in China 🤣🤣🤣🤣
Well- the Biden and Trump comment from 4:55 came out of nowhere lol.
"Artificially cheap" is also a trait of other countries with large social injustice.....like the USA. Exploiting the population has several forms and is present in the USA, Russia, China, and many other places. So what is "fair competition" surely the USA does not excel in this. They just have a different distribution of the pie.
Rise up People of China
Nice !! Can get a microwave cheaper than a turnip 😮😅..
wonder which rots first the turnip ore the microwave
I do love Janet Yellen… she’s a sweetheart 🥰
0.5% margin is no profit at all
Fact check: Tesla has never declared bankruptcy.
With the market this chaotic and unstable it's pointless to discuss year-on-year growth, it could be 10% growth one month and 15% decline the next, and neither of the numbers give any idea of what is happening, especially if they are coming from official sources and so are fake to begin with
America and countries in Europe have experienced similar situations, when manufacturers of shoes, clothes, home appliances, etc., flocked out of those countries. Korea and Japan have also experienced the same thing. But the situation did not make these countries experience an economic crisis or bankruptcy.
Why? Because it is a matter of competitive advantage, comparative advantage, and a matter of ordinary market mechanisms. If it is now starting to happen in China, it is indeed time for China to experience a similar transition after years of mass low-wage labor-based industries.
When China starts producing airplanes, electric cars, superconductors, etc. it is just a necessity for a country that has entered the "advanced" level. Selling 1 airplane is worth more than selling thousands of shoes from a dozen shoe factories in the Ningbo area.
That's also why America can still able to compete with China in term of GDP etc, even though the low-labor manufacturing industry left America many years ago.
our relatives here in my place were like the rulers in china by taking over our property and they claiming it now.. you don't know how i feel about what they are doing..
Jai Hind. Yellen had begged Xi to do something about overcapacity
3:44 You reap what you sow.......
You should read the translations.
Chinese businessman: gunboat diplomacy is ugly. We prefer water cannon diplomacy
13:28 - 13:39 for me this is a sign of weakness and favorable for the rulers in china because their salaries will not be return back into them..
@13:40 @16:50 @17:10 @14:30 @14:10 ............@12:15 @10:30 @10:35........@12:40........@1:23 @1:30 @1:35 @1:47 @2:04 @2:10 @2:21 @2:26 @2:36 @2:48 @3:07 @3:40 @4:28 @5:27 @5:46 @6:16 @6:24 @10:04 @10:16 @10:18.....@11:50 @11:40 .......@14:25 .............@14:50 @15:00..............@15:38 @15:45 .............@16:15 @16:23 @16:34 ..........@17:15 @18:15 @18:45
Why is the videos resolution so low at 1080p?
You are living in the future my friend 1080p is low 😮
@anonymousnoticer your statement contradicts itself. Do you mean to say I'm living in the past using 1080p? Lol
@@donaldpetersen2382 You have no reading comprehension, do you? The "statement" is quite clear - if you think that 1080p is low, then you must be living in the future, because it is not.
@@Ajarylee-qh9ln I said the resolution was too low to be 1080p. Maybe reread my initial comment as it didn't convey the statement you thought it did.
@@Ajarylee-qh9lnyou are the wrong one here you didn't even understand his original comment lol
OOF!
China reap what they saw...
no thanks, I am "free" to buy where I want
The main takeaway here is the entire global economy is collapsing!
cheap as cabbage and last as long as cabbage.. aka cheap junk not worth the cost of shipping.
Often, mes amis, you use a word that sounds like "MEDICINES" , in referring to a person or people. What is the spelling of the one you use ???
im here for canton, this is not true, its packed
00:03 If it is a toss up then it is rigged. So, fake! 🤩🤩
4:12 1:27 17:07 13:45 Now here's what's real . . . the 6.0 magnitude quake in 🇹🇼 backyard with buildings leaning to 1 side and wholesale confusion *is* . We see these isle/s of instability as a liability when natural `elements' take over . . . and u couldn't do anything about it ! 15:22 19:12 5:15 6:17 7:27
China tofu goods! No customers -- why are you surprised
6:49 this man is shameless..
He must have got some free T-Shirt.. these morons will sell them out for a bag of chips.
rome was a world power
If their lips are moving, they are lying.
Well China, you wanted all foreigners out, now there out, so stop your winging and whining.
Why Yellen goes to China n complaint of over manufacturing.
Another $€₪¡|€ broad.
@Lim Ti Ong Hock
Well, just take a heartbeat to think about it.
Imagine if those other possible candidates deemed worthy of fronting the Dragon were to be sent?
It would be an absolute PR disaster sending the current VP (where is she btw?) or the P.
I mean, the staircase to get off the plane alone would be the first challenge. 🤣🤣
@@arfajob4246the 10% big guys won't dare to speak or else chicken will come home roasted 😂
@@thebranch3874 That would be good. Fukien style, one would hope. 🤗
Isn't it sad really? There's lots of engineering and manufacturing talent in China, but the communist, seemingly warhungry regime scares off most. Not that things are much better in the west, which has its own share of problems.
Decent products: maybe
Bad government: yes
The narrator is usually pretty good but boy did it butcher my state's name. It's not Massa-2shits.
CCP unveiling the squatting dog economic policy.
Let’s be straight: this is a propaganda channel. That does not mean the content is untrue just there is an agenda. Having said that China does have to adapt its export led model and raise incomes to create a properly functioning domestic market. Average income is only $12k pa
All tofu-dreg.
Not fooled by CCP double play.
good, push more this kind of video.
I like cabbage, I like appliance
Hey Not Bad 😉
The world is already disappointed in china
She went over there to collect their laundered money she’ll change her tune to other products. CNN 😂 😂😂😂😂😂
Every country should only give rebate to things built in their own country and limit how much each country is allowed to import.
10:39 this lady is on point.
You ain't seen nothing yet! Peter Zeihan has said that stuff from China may simple stop coming one day.
We use to go EVERY Year prior to COVID. We get better samples on TEMU (as an sample/example) then at shows for products we need - then contact that source direct.
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
You guys should get together and sort out your leadership or your going to revert back to 30 years ago
9:14 janet yellen should step down on her position by helping the rulers in china..
for me she's not deserving to stay in the US..
He doesn't hold much hope for US and EU markets...
Well our markets are doing pretty decent, we just have less interest in dirt-cheap china-grade stuff.
I don’t think he meant the quality of the US and EU markets he meant that they weren’t buying anymore.
I come here to see where 🤡 hangout.. i found it.. 😂
"we need to to protect US manufacturing!"
US manufacturing: not much better quality than chinese
DEI program is social communism of the human mind.
😂😂😂 ❤
China is thr last country that still uses fairs. They are total out of time. China is as usual late to adapt
CES in Las Vegas? I think that's quite a big fair or show.
If the UK economy is anything to go by, our businesses are really struggling to get customers particularly in the middle class bracket,the poor have always struggled here in the UK but even now the middle class are really struggling to make ends meet. So any purchases are carefully looked at even food and energy.
chinese tofu products, thanks but no, thanks. Better to look elsewhere.
HAHAHAHA Talk about reap what u sow
Propreganda made no different, if there is no order then there is no order, if there is order then there is order. FACT IS FACT, No point of this video. 😂😂😂😂
Who this Yellen?
Tool of the current deep state
made in china😁
thats what you get when you scam the world
Traders around the world requesting cheapest product, so China supplies, don't blame China, they have 1.5 billion ideas, each Chinese people giving one
Its all fake and the video was taken a long time ago!