Dont worry Lithium is very plentiful and Australia is one of the big miners shipping most of it to China
China has reached a demographic/industrial bottleneck because of its negative birthrate. How will that play out? Look to Japan. When I was a young man Japan was forecast to overtake the USA as the world’s biggest economy. Then by 1990 their population–and economy–plateaued and began to peter-out.
From the AP today:
Japan has slipped to the world’s fourth-largest economy as government data released Thursday showed it fell behind the size of Germany’s in 2023. The numbers highlight how the Japanese economy has gradually lost its competitiveness and productivity while the population shrinks as Japanese people age and have fewer children, analysts say…
…Japan fell from the second-ranked economy behind the U.S. to the third-largest in 2010 as China’s economy grew. The International Monetary Fund had forecast Japan’s fall to fourth…
…The latest data reflect the realities of a weakening Japan and will likely result in Japan’s commanding a lesser presence in the world, said Tetsuji Okazaki, professor of economics at the University of Tokyo.
…“Several years ago, Japan boasted a powerful auto sector, for instance. But with the advent of electric vehicles, even that advantage is shaken,” he said.
…The gap between developed countries and emerging nations is shrinking, with India certain to overtake Japan in nominal GDP in a few years, Okazaki said.
…To solve the country’s labor shortage problem, immigration is one option. But Japan has been relatively unaccepting of foreign labor, except as temporary guests, prompting criticism about the lack of diversity and discrimination…
*…Another option is robotics, which has been playing out gradually but not enough to the nation’s chronic labor shortage.
…Made In Japan earned a reputation as cheap yet offering quality, and some products became coveted around the world. Those may now be the good old days. Many factors have yet to play out, Okazaki said. “But when looking ahead to the next couple of decades, the outlook for Japan is dim,” he said.
Maybe there are still time to avoid the same problem in the US?:
PS> Free gift article FY reading enjoyment.
Warm bodies are good thing but it would have been more beneficial If politicians had had the wherewithal to fix the immigration system and established a more orderly and selective process.
Filling up your country with unskilled labour does noting for wealth creation.
It bumps the gdp so politicians look good.
It’s a type of Ponzi scheme
You don’t like our EVs we don’t want your pork and poultry:
What could they do to retaliate against the 100% US tariff on EVs?
Ban rear earth metals export maybe?
follow WTO rules, shock horror, they couldnt do that, why start now.
Are you talking about China or USA “following WTO rules”?
WTO disputes brought by and against member countries:
China:
as complainant — 24 case(s)
as respondent — 49 case(s)
as 3rd party — 195 case(s)
USA:
as complainant — 124 case(s)
as respondent — 159 case(s)
as third party — 176 case(s)
See all countries on interactive map:
Yes facts hurts. Better to just believing that puppets are real.
" when the capitalist class of the United States ,western Europe and Japan saw a profit opportunity in China, they went ,they made the deal, they said we want from you in China cheap labor and a growing market and the Chinese said we give you, that we give you cheap labor and we give you access to our Market It is the biggest fastest growing Market in the world and no capitalist could resist this they all went for the cheap labor the growing market and they gave the Chinese investment money and they signed contracts to Share technology. Nobody forced them to do any of this nobody had to steal anything from them they were willing to sell it they did sell it and the Chinese having figured out that the …"
Interesting opinion frm Prof Wolff regarding China and greedy WEST and of course on other things too.
There was lying flat now its “Garbage time of History”
The locals have a bleak future thanks to the ccp
Reality
Is it just going to rebuild stuff or are they exporting?
Hard to find any press not saying massive layoffs and factories closing
I presume they are doing a bit of both.
Maybe you are not looking in the right places, or using the wrong search words+
(Negative search words bring negative resuts)
Press now saying the are creating stockpiles of raw materials.
From this weeks “The Economist”:
PS> Do you understand the fear? If you were threatened what would you do?
Do you know of and understand the idea of the “!st and 2nd Island Chain” to choke of China’s supply lines?
If not, have a look at the map of SE and NE Asia and/or a chart of the South China Sea and Western Pacific. It should become clear to you why China wants to secure their supply lines and stockpile supplies until they can.
There is a reason why they spend $Trs. to built ports in Myanmar and Pakistan and on building roads/railway and pipelines from these ports to China.