Japan August trade deficit seen at near 9-year high as weak yen boosts imports

[REhorror]

Yeah, if not largely true, i dont see why many of the chinese reports get so angry, there are no reason for people to report that way.

Not really, in fact, professional press rarely use emotional words, it's a sign of being biased.

 

[Lava820]

In the first half of 2022, Japan exported 1.73 million cars.

This year, China will become the largest automobile exporter.

China's auto exports hit record high in August

China's motor vehicle exports surged 65 percent year-on-year and reached a record high in August.

english.www.gov.cn

The automobile industry is the last pillar of Japan's economy, unless you think that the AV industry can support the Japanese economy.

Countries Generating Biggest Surpluses from Global Trade of Cars in 2021

1.Japan: US$74 billion (net export surplus up 4.6% since 2020)
2.Germany: $72.4 billion (up 28.2%)
3.Mexico: $32.4 billion (down -4.9%)
4.South Korea: $31.4 billion (up 33.1%)
5.Slovakia: $24.3 billion (up 10%)
6.Czech Republic: $18.6 billion (up 10.3%)
7.Spain: $18.6 billion (up 5.3%)
8.Thailand: $9.4 billion (up 31.7%)
9.Hungary: $8.6 billion (up 6.6%)
10.India: $5.2 billion (up 16.3%)

Countries Incurring Worst Deficits from Global Trade of Cars

1.United States: -US$93.5 billion (net export deficit down -6.3% since 2020)
2.China: -$26.4 billion (down -24.5%)

Link: https://www.worldstopexports.com/car-exports-country/

@VkdIndian @Black Tornado @beijingwalker @Beast @etylo @Cheepek @Raj-Hindustani @LakeHawk180 @Two banks of the River @Bilal9

 

[beijingwalker]

Countries Generating Biggest Surpluses from Global Trade of Cars in 2021

1.Japan: US$74 billion (net export surplus up 4.6% since 2020)
2.Germany: $72.4 billion (up 28.2%)
4.South Korea: $31.4 billion (up 33.1%)

All in deep trade deficit now

 

[Lava820]

All in deep trade deficit now

That means China is non competitive in automotive industry because you guys simply don't have well diversed supply chain for car manufacturing

 

[beijingwalker]

That means China is non competitive in automotive industry because you guys simply don't have well diversed supply chain for car manufacturing

LOl, OK

 

[Lava820]

LOl, OK

Value addition is low that's why you guys are incurring worst deficits from global trade of cars

 

[beijingwalker]

China accounted for 68.2 % of production of heavy commercial vehicles in the world

 

[etylo]

Not really, in fact, professional press rarely use emotional words, it's a sign of being biased.

if its not deeply involving chinese feeling deeply betryed and hurt, they wont get that emotional, its human natural to be that way.

 

[Lava820]

Indian CV companies dominating the gulf market

Ashok Leyland bags mega order for 1,400 school buses

The buses will be supplied from Ashok Leyland’s manufacturing facility in Ras Al Khaimah, UAE, the only certified local bus-making facility in GCC

timesofoman.com

 

[beijingwalker]

Countries Incurring Worst Deficits from Global Trade of Cars

1.United States: -US$93.5 billion (net export deficit down -6.3% since 2020)
2.China: -$26.4 billion (down -24.5%)

You need to update your info, couldn't keep up with China's growth? it's understandable then

 

[Lava820]

You need to update your info, couldn't keep up with China's growth? it's understandable then

View attachment 878686

Do you understand the meaning of trade surplus?

 

[beijingwalker]

Do you understand the meaning of trade surplus?

You are talking to someone from the biggest trade surplus country on this planet.

 

[Lava820]

You are talking to someone from the biggest trade surplus country on this planet.

I'm talking about the global trade of cars

 

[beijingwalker]

I'm talking about the global trade of cars

We'll see

Tidal wave of China made cars is going to take over the global car market

 

[Lava820]

@Black Tornado It seems I've hit someone's nerve very badly