Han Patriot
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- Mar 23, 2011
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I am not sure anyone in China would wanna buy vinfast cars, hahahaha. Its an open market in China, any brands can compete in China. I am just telling you my experience, China lacks brand recognition. You are free to believe or dismiss it.Then dont buy VW, buy Toyota, Honda or even Vinfast car instead. German cars r expensive and not suitable for Asian countries cos German cars r designed for running in No limit speed road.
For CN car quality, pls comment here if u want
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"The quality of domestic pure electric vehicles is not good at the moment," he says. "No domestic pure electric vehicle is worth buying yet."
https://defence.pk/pdf/threads/the-uncertain-future-for-chinas-electric-car-makers.659461/
I think BYD electric cars are good, whether they are as good as Tesla? That's a matter of pricing, you pay more you get better. BYD buses are exported to over a 100 countries.. Lol
It's more important now, but alot of countries are starting to use Rmb like Russia and our border countries even Vietnam border uses Rmb to trade. Your dongs are practically useless. They actually use USD$ in Vietnam, I was shocked that domestic trade is done in dollars. No wonder your mindset is colonised. Lol. Trump is angry we are creating an alternate system, so the trade war. Anyway my statement is not about abandoning dollars, my point is about having alternatives and developing an economy for the betterment of a society instead of just exporting. You are too fixated to serve US and the West, we trade but we also develop our internal market. That's the difference. They will bound to be small infections here and there, but the act of them detecting it means the system is working.Big difference of course cos Dollar is much more important than CNY, for example CN must pay most of bills in dollar when buying VN rice, shrimp, NewZealand milk etc, we dont accept CNY only. We can stop trading in CNY, but only few countries stop trading in USD now....and "thanks" to "Domestic travel is slowly rebounding", the virus just spread on Henan again due to a doctor coming back from Wuhan is positive wt nCov.
I don't think China wants a complete ban on dollar trading, they want a balanced approach, they want a RMB alternative to reduce risk. USSR was not the factory of the world and lacked the productive power of China. Imagine this, after this crisis China is the only remaining large industrial power, if they don't buy from China, they can't buy from anyone else. Vietnam can't fill this role. You are just a secondary assembly point, components are still coming from China. Hell Chinese companies actually use Vietnam to bypass tarriffs. You need to understand how an economy works, its about exchange of goods and services not about earning paper dollars. We needed dollars to tap certain productive elements not found in China. Our labor cost are still competitive, it is of course higher than dirtbpoor Viets. But our aim is to automate since our workforce is aging. My bet is higher value manufacturing will move to China while low end stuff move to Vietnam, this is China's strategy.And can not earning dollar also show that CN future is like USSR, when NZ refused to sell milk in USSR ruble, then they had to pay NZ milk in gold and even persuading NZ buying their nuclear sub
"exporting 5G gear just not to certain countries" will not help 1,4 billion Cnese earn enough money while 2/3 factories in Guangdong r leaving CN due to high labours cost. Xi nid to earn big enough money from certain countries like German and JP cos feeding 1,4 billion Cnese (while manufacturing sector is dead due to high labours cost) is not easy job.
You can wish whatever you want, but what does this current crisis teach you? Never underestimate China. After the outcome of this crisis, I have more confidence in Chinese leadership. The world is burning while China is growing again. Vietnam is near collapse too. LolBcs Libya doesn't have a 12t economy, thats why she collapsed right after the uprising, if Xi fail to earn big enough money from certain countries like German and JP, then CN is in chaos in 2023..and I bet that Xi can not do that, that why 90% CN is in chaos in 2023