大汉奸柳传志
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then very likely we now are using a very different system..
Facing U.S. blowback, Beijing softens 'Made in China 2025' message
- Thread starter F-22Raptor
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Kiss_of_the_Dragon
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No one is forcing US companies to stay in the Chinese market.. tech transfers are the price for them to get market access, they don't like it? then just leave.
almost all country playing catch-up do that, nothing nefarious about it.India also demanded phones sold in Indian market to be assembled in India, of course our phone makers don't like that, but in the end they all complied. you don't hear us complaining
It's called the commanding power of a market. Get used to it.
India even as US to transfer Apache technology if US want to it sold to India, doesn't seem US complaint anything about that. Maybe US should start to prevent an "made in India 2030" when they still have chance
which the intention is to make white slaves.
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TaiShang
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The US asks for special treatment. But nobody is willing to treat them more than they deserve. Even their close military "allies."
That's the reality.
In the end, US whining hurts them. In China market, for instance, once the US automakers are hit due to trade war, local, Japanese and European makers will bask in joy.
Neither China, nor its non-US partner will miss or even notice the absence of the US.
***
Make in India hurts US business and steals very special unique US tech.
Let's wage a war on India. Hurray!
Kiss_of_the_Dragon
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Other nations like hyenas waiting to take away of Lion's steak in China's market, any restriction US is trying to impose on China is only at the mercy of Japan, Korea, EU. China is not running out of trading partners.
TaiShang
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The US reckless and irrational actions already begun to hunt them back.
In this case, China would only wish the US keeps barking an economic war at everybody.
There is no easier victory than the enemy beating itself.
To ensure and facilitate this, China would be right to revise its Made in China 2025 discourse.
The US is needed to be encouraged to continue on the path it is now, not to be stopped.
If not the US regime does not wave the white flag first, US companies will. This also gives China yet another practical option to be utilized in the future against the US.
***
Harley-Davidson plans to shift US production to avoid EU tariffs
CGTN's Yao Nian
2018-06-26
The US motorcycle maker Harley-Davidson said in a stock market filing on Monday that it will move some production overseas for European customers to avoid retaliatory tariffs that could cost it up to 100 million US dollars per year.
As a countermeasure against the US steel and aluminum tariffs imposed earlier this month, the EU last Friday increased tariffs on imported motorcycles from the US to 31 percent, up 25 percentage points.
The increased tariffs will result in an incremental cost of about 2,200 US dollars per average motorcycle. Harley-Davidson said it will not adopt price increases in the EU market but will shift some US production instead.
VCG Photo
“Increasing international production to alleviate the EU tariff burden isn’t the company’s preference, but represents the only sustainable option to make its motorcycles accessible to customers in the EU and maintain a viable business in Europe,” Harley said in the filing.
"We think Harley's decision to protect EU demand is wise for the long-term health of the market," said Baird Equity Research, noting "But we expect the near-term impact to weigh on estimates and sentiment until a clearer path to mitigation is outlined."
Harley sold about 40,000 new motorcycles to the EU market last year, which accounted for over 16 percent of its total sales. The revenues generated from the EU market ranked second only after the US market.
The company will complete its production shift to its overseas plants such as Australia, Brazil, India and Thailand in 18 months. More details on tariff-related plans will come on July 24, when it reports its second-quarter earnings.
A blow to Trump
US President Donald Trump on Monday said he was surprised by the company’s plans. He slammed it and described the plan as waving the “White Flag”. The plan is a blow to the Trump administration that wants the company to make more motorcycles in the US.
Harley-Davidson is based in Wisconsin, a key state for Trump’s narrow win in 2016 election. The president specially met the company’s senior executives at the White House after he took office last year to push his “America First” trade policies.
However, as a dominant player in the motorcycle market, it has been counting the costs of Trump’s trade policies. Harley shares closed down nearly six percent on Monday, and have lost about nine percent since the trade disputes between the US and the EU started in early March.
@AndrewJin , @Cybernetics , @TANAHH
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Yaseen1
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the location of u.s is such that it is away far away from rest world so it is most costly to ship products from u.s than china which can access market both by sea and land and is much closer to rest world so shipping cost is much cheaper and shipping will be quick in case of china unlike u.s and u.s will lose market to china
Viva_Viet
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US location is perfect for Gun production, thats why US become so rich after WW1, WW2
The US reckless and irrational actions already begun to hunt them back.
In this case, China would only wish the US keeps barking an economic war at everybody.
There is no easier victory than the enemy beating itself.
To ensure and facilitate this, China would be right to revise its Made in China 2025 discourse.
The US is needed to be encouraged to continue on the path it is now, not to be stopped.
If not the US regime does not wave the white flag first, US companies will. This also gives China yet another practical option to be utilized in the future against the US.
***
Harley-Davidson plans to shift US production to avoid EU tariffs
CGTN's Yao Nian
2018-06-26
The US motorcycle maker Harley-Davidson said in a stock market filing on Monday that it will move some production overseas for European customers to avoid retaliatory tariffs that could cost it up to 100 million US dollars per year.
As a countermeasure against the US steel and aluminum tariffs imposed earlier this month, the EU last Friday increased tariffs on imported motorcycles from the US to 31 percent, up 25 percentage points.
The increased tariffs will result in an incremental cost of about 2,200 US dollars per average motorcycle. Harley-Davidson said it will not adopt price increases in the EU market but will shift some US production instead.
VCG Photo
“Increasing international production to alleviate the EU tariff burden isn’t the company’s preference, but represents the only sustainable option to make its motorcycles accessible to customers in the EU and maintain a viable business in Europe,” Harley said in the filing.
"We think Harley's decision to protect EU demand is wise for the long-term health of the market," said Baird Equity Research, noting "But we expect the near-term impact to weigh on estimates and sentiment until a clearer path to mitigation is outlined."
Harley sold about 40,000 new motorcycles to the EU market last year, which accounted for over 16 percent of its total sales. The revenues generated from the EU market ranked second only after the US market.
The company will complete its production shift to its overseas plants such as Australia, Brazil, India and Thailand in 18 months. More details on tariff-related plans will come on July 24, when it reports its second-quarter earnings.
A blow to Trump
US President Donald Trump on Monday said he was surprised by the company’s plans. He slammed it and described the plan as waving the “White Flag”. The plan is a blow to the Trump administration that wants the company to make more motorcycles in the US.
Harley-Davidson is based in Wisconsin, a key state for Trump’s narrow win in 2016 election. The president specially met the company’s senior executives at the White House after he took office last year to push his “America First” trade policies.
However, as a dominant player in the motorcycle market, it has been counting the costs of Trump’s trade policies. Harley shares closed down nearly six percent on Monday, and have lost about nine percent since the trade disputes between the US and the EU started in early March.
@AndrewJin , @Cybernetics , @TANAHH
so do the europian car menufectures will have to shift into US...
but i do not think chinese will shift...
chinese would prefer abondon the US market and will look for alternate markets...
TaiShang
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They will not. The US market is not profitable for many manufacturers as manufacturing is expensive.
China will not shift, either.
Rest of the world is big enough to satisfy. Besides, the US will likely come to their sense.
Even India, a deficit-driven country, slaps them back...
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you think the rest of the world not follow the same...
trump policy going to have a cascading effect...
when export to US become expensive , the menufecterers will force their govts to stop imports of the related item so that local menufecterer can servive....
if lets say maruti suzuki got a hit on export due to such policies suzuki will force govt to increase tarrif on imported cars so they can fill the gap....govt won't be having a option because then the company won"t be able to pay the saleries as well as the instalments of the loans....
TaiShang
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Investment will move if they feel safe and the target market is predictable.
The US market, for China Inc. investment, is not predictable. Nor is it rational. Therefore, we have seen a 90% decrease in China-led investment to the US.
Investment decisions are made based on pure pragmatic calculations. No body does that altruistically.
The US market is potentially good for China's emerging/frontier industries such as Fintech, AI, IT, communications, robotics, biomedical, advanced transportation etc.
Yet, the US is closing itself down; thus, China Inc. will go elsewhere. Recently, for instance, a lot investment shifted from the US into the Asia-Pacific, such as Korea.
Of course, traditional industries such as steel, cement, etc. will never move to the US. It does not make sense.
