Chinese Economy: General News, Updates and Discussions

[Beijingwalker]

Huawei business model was mired in controversy but Xiaomi continues to shine due to its professionalism.

Infographic: Samsung, Apple and Xiaomi Command Half of the Global Smartphone Market in Q2 2024

This chart shows the global quarterly market share of the top 5 smartphone vendors, by shipped devices.

www.statista.com

Huawei should learn from Xiaomi.

Huawei just made a comeback, you'll see how it will regain the world number one phone maker very soon.

 

[muhammed45]

you are free to conduct commerce without USD
you can start by accepting Pakistani rupees and Afghanistan Afghani

Let us know how it works out

Why not? Much better than using American toilet paper. The toilet paper that has no gold backing it but only printed out of thin air.

Dollar dominance in a global scale owes to Chinese workforce. American redneck imports every damn thing from China.

 

[nahtanbob]

Why not? Much better than using American toilet paper. The toilet paper that has no gold backing it but only printed out of thin air.

Dollar dominance in a global scale owes to Chinese workforce. American redneck imports every damn thing from China.

What is stopping you or your government ?
you can start by accepting Pakistani rupees and Afghanistan Afghani

 

[muhammed45]

What is stopping you or your government ?
you can start by accepting Pakistani rupees and Afghanistan Afghani

Already done. Trade is being done in local currencies.

Dollar domination and rednecks printing money are different from local trade.

 

[FHN]

HOME

www.cips.com.cn

China's CIPS (SWIFT competitor) did CNY 123 trillion (~$17 trillion) in business volume in 2023

 

[FHN]

In 2024 cips average daily volume from January to August this year was 676 billion rmb. It will most likely reach 250 trillion RMB in total annual volume for 2024. That means 35-36 trillion us dollars and if u include RMB trade in swift that's a considerable amount all together.last year total trade volume for swift was 150 trillion just to put things into perspective.

 

[Nan Yang]

If there's no restrictions on Awei,

Huawei business model was mired in controversy but Xiaomi continues to shine due to its professionalism.

Infographic: Samsung, Apple and Xiaomi Command Half of the Global Smartphone Market in Q2 2024

This chart shows the global quarterly market share of the top 5 smartphone vendors, by shipped devices.

www.statista.com

Huawei should learn from Xiaomi.

LOL.

Huawei is mired in controversy because of United States.

We all know the reason why. If you don't I do not blame you.

 

[Han Patriot]

In 2024 cips average daily volume from January to August this year was 676 billion rmb. It will most likely reach 250 trillion RMB in total annual volume for 2024. That means 35-36 trillion us dollars and if u include RMB trade in swift that's a considerable amount all together.last year total trade volume for swift was 150 trillion just to put things into perspective.

Exactly, China does not really report CIPS figures.

 

[ST1976]

China has 14 neighbors and enjoys cordial and peaceful borders with 13 of them. India is the only country which has a hostile and murderous border with China.

i would say, its only China why India did maintain peace for last half century, excluding few recent classes

China is a very big society like India and this is the same for India also. these 2 Neighbors having lived together for centuries......

 

[Mista]

Huawei business model was mired in controversy but Xiaomi continues to shine due to its professionalism.

Infographic: Samsung, Apple and Xiaomi Command Half of the Global Smartphone Market in Q2 2024

This chart shows the global quarterly market share of the top 5 smartphone vendors, by shipped devices.

www.statista.com

Huawei should learn from Xiaomi.

Lol it has nothing to do with business model but everything to do with US sanctions.

Huawei has restricted access to Google services and the most advanced chips.

For many people outside of China, access to Google services is a deal breaker. And without access to the most advanced chips, customers will have to pay higher prices for lower performances.



Look at how Huawei has basically disappeared after 2020, with Xiaomi/Vivo filling up its shoes.

Huawei has no competitive advantage outside of China. Only in China Huawei is still holding up pretty well due to patriotism.

 

[Beijingwalker]

Lol it has nothing to do with business model but everything to do with US sanctions.

Huawei has restricted access to Google services and the most advanced chips.

For many people outside of China, access to Google services is a deal breaker. And without access to the most advanced chips, customers will have to pay higher prices for lower performances.

View attachment 65680

Look at how Huawei has basically disappeared after 2020, with Xiaomi/Vivo filling up its shoes.

Huawei has no competitive advantage outside of China. Only in China Huawei is still holding up pretty well due to patriotism.

Huawei phones made a strong comeback and China alone is the world's single biggest phone market by a huge margin

https://www.reuters.com/technology/huawei-sees-first-half-earnings-surge-smartphone-renaissance-2024-08-29/

 

[FHN]

In 2024, the revenue in the Smartphones market in China is projected to reach a staggering US$105.5bn compare to 60 billion for the U.S

 

[FHN]

We need TikTok on harmony os. The goal here is to have many operating systems in china to decouple from Android. Chinese consumers are beginning to buy local products. China can make some awesome apps if enough people are interested.huawei phones even have satellite connection.

You can send a message and location even without cellular coverage.huawei is not just a phone maker they are leader in many things if not for us sanction they would be the biggest phone maker in the world. Apple releases the same shit phone every year.

 

[FHN]

Tbh apple is the only Western phone maker in china anyway. Outside of apple and Samsung, the rest are pretty much Chinese lol. What's funny is transsion is unknown in china but they took over African phone market.

 

[FHN]

I ain't gonna lie the recent Israeli bagers fisco might help boost Chinese domestic brands even more. U don't want shit to blow up all over your face.