The competitive advantage of China's EV industry is 'undeniable,' KraneShares says

  Рет қаралды 6,144

CNBC International TV

3 күн бұрын

China has "done the right thing" by investing heavily in electric vehicle technology and metals refining, says Anthony Sassine, senior investment strategist at KraneShares.

Пікірлер: 46
@julioduan7130
@julioduan7130 3 күн бұрын
Being too competitive is a problem for US and EU. But when EU and US are more competitive, they will have another narrative.
@Blueblackberry-ex2xc
@Blueblackberry-ex2xc 2 күн бұрын
Imperialist mentality. Western power will slave you if you're weak
@iyansetiadi1986
@iyansetiadi1986 2 күн бұрын
Yes, they call it free market.
@andydondy6444
@andydondy6444 2 күн бұрын
In a nutshell..America are a bunch of hypocrites 🙄🙄🙄
@vlhc4642
@vlhc4642 2 күн бұрын
Not hypocrite, hypocrite imply believing in something to begin with, America never believed and will never believe in competition.
@godzillamothra5983
@godzillamothra5983 2 күн бұрын
China should slap tariff on luxury and automotive from Europe and certainly from the US
@vlhc4642
@vlhc4642 2 күн бұрын
It's redundant, when a $20k Chinese car has more luxury and tech than a $50k European car, adding $10k to the European price won't change anything, and China never waste time on posture.
@happymelon7129
@happymelon7129 2 күн бұрын
Soon Chinese parents will look at their children at dinner time and say : "If you don't study hard, you will only be able to drive a Mercedes-Benz and a BMW in the future."
@urimtefiki226
@urimtefiki226 2 күн бұрын
China will never produce a car like Benz, even today. Respect the genius Karl Benz the father of all cars.
@tristanx3508
@tristanx3508 2 күн бұрын
@@urimtefiki226 Really, you bet your uncertainty life based on legacy history of an individual? 50 years from now flying car from China and Benz still use ground-based aerodynamic design for flying? Using genius mechanical design to outcompete electronics and futuristic energy power-pack contained within a new material?
@kaijunjiang9763
@kaijunjiang9763 Күн бұрын
@@urimtefiki226BYD already has a supercar that’s better than every AMG you know. Wake up.
@mujur9101
@mujur9101 14 сағат бұрын
In 10-20 years from now, those brand will become obsolete. The father is right.
@mujur9101
@mujur9101 14 сағат бұрын
In 20 years, those brand will become obsolete. The father is right. 😊😊😊
@stevec6919
@stevec6919 3 күн бұрын
BYD car is $9000 without tariff
@Ascend77
@Ascend77 Күн бұрын
And that’s the reason enough why the government don’t want you to buy one…. They want to keep you poor by over paying American ones
@pchaneyo
@pchaneyo 3 күн бұрын
Libéralism means compétition. And when engaging competition You must be prépared to lose. Otherwise go for communism.
@ensteffo
@ensteffo 2 күн бұрын
Economic liberalism = capitalism which means a drive towards monopolies which in turn is the opposite of competition. So liberalism only means competition in the same way a water glass with a big hole in the bottom means "a glass of water".
@keungpang2176
@keungpang2176 2 күн бұрын
All loser will come up with all kinds of excuses. Best one is they cheat 😂😂😂
@ys29229
@ys29229 Күн бұрын
China has successfully developed many new products ( EVs, drones, Tiktok, AI, etc) to transit from labour intensive to high tech. If there is any overcapacity as frequently mentioned by the West, this could be easily absorbed by the new industries. My Q is what happened to those industries and workers in the West when the production moved offshore and no new products subsequently developed to absorb those redundancy. Isn't the West actually have the overcapacity problem instead of China ?
@damonkatos4271
@damonkatos4271 2 күн бұрын
I want my $15k Chinese EV!
@amjedali5164
@amjedali5164 2 күн бұрын
Come to Australia we have the GWM ORA $22k USD, BYD Dolphin $23k USD and MG4 $23K USD (Basic corolla is $24K USD). The BYD seal is $32K USD same price as a mid-spec Camry.
@dann5515
@dann5515 Күн бұрын
yup.. and we australia bringing Xpeng coming in later this year and Zeekr. Nio will be coming in next year. Australian proud.
@kaijunjiang9763
@kaijunjiang9763 Күн бұрын
The tide is changing. Denial will not make it any slower.
@Kevin-fq3zh
@Kevin-fq3zh 2 күн бұрын
the west has been too preoccupied with woke ideology & stop oil protests instead of walking the talk
@sunnywu2464
@sunnywu2464 4 сағат бұрын
In US's eye, banning, tariffing, sanctioning and arresting are all parts of competitive abilities.
@georgeqi602
@georgeqi602 6 сағат бұрын
Green technologies like EV, Battery, Solar panel and 3rd generation of nuclear energy are greatly needed to save the earth from climate changes.
@wesleykawakami8563
@wesleykawakami8563 Күн бұрын
China should build the cars in the US or face tariffs just like Japan and South Korea.
@privacyhelp
@privacyhelp 8 сағат бұрын
China no longer cares about the north america market, they are focusing on south america and asia.
@jamesnasmith984
@jamesnasmith984 7 сағат бұрын
Are US manufacturers dallying with easy profits on old-tech products for an indiscriminate elite rather than innovating for mass affordability?
@Gi-Home
@Gi-Home Күн бұрын
The only overcapacity is the unmet demand for affordable EV's in the USA and the only country with the capacity to deliver high quality affordable EV's is China. Subsidies exist for expensive EV's in the west to make them affordable to a larger consumer base but they are still too expensive for most people. Instead they slap on huge tariffs to make these EV's too expensive for middleclass USA and the wests consumers.
@AaronKaewprapai-qv7bc
@AaronKaewprapai-qv7bc 2 күн бұрын
Most westerners will never heard of China "Gu Theory". This theory is similar to capitalism and free market where various producers will compete among themselves. The last one stand will be the most productive. Gu theory works on the same principle by putting a a group of Gu insects in a single pot where the insects will kill each other. The last insert that survive is the strongest.
@YSKWatch
@YSKWatch 2 күн бұрын
probably equivalent to darwinism.
@byhyew
@byhyew 2 күн бұрын
Gu is ancient witchcraft practice of the Miao minority in China. The last surviving insect will be fed and grown and used on one's enemy.
@sianstpaul1349
@sianstpaul1349 2 күн бұрын
More tariff
@zhli4238
@zhli4238 2 күн бұрын
People should be clear by now, EV’s main competitors are not other EVs but traditional fuel burning automakers. Yes, cheap is the key.
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