City in a poor China province becomes a leading electric vehicle production hub

The city of Liuzhou is in one of China’s poorest provinces. But as part of Beijing’s “Made In China 2025” industrial strategy, it is now home to EV car plants for five major automakers, after putting investment and incentives into electric vehicles and by pushing local industry to expand production and infrastructure. CNBC's Eunice Yoon reports from Liuzhou on the city's meteoric rise.
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#China #ElectricVehicle #Business

Пікірлер: 679

  • @spencersong2660
    @spencersong266023 күн бұрын

    "poorest province in China." Then show a city with beatiful skyline. GOOD.

  • @huanghermann5207

    @huanghermann5207

    23 күн бұрын

    I can confirm that it is the poorest province in spite of the beautiful city skyline (I am from that province). She should show the poor countryside skyline (all are mountains).

  • @david__026

    @david__026

    23 күн бұрын

    @@huanghermann5207 if mountains means poor ,then switzerland should be the poorest country on planet ..because most of the houses in switzerland are made up of woods and its all mountain

  • @Liboch

    @Liboch

    23 күн бұрын

    ​@@huanghermann5207skyline with mountains is wayyyyy more beautiful than skyline with skyscrapers. And I am a city folk.

  • @ThriveChen

    @ThriveChen

    23 күн бұрын

    Basically you can consider it as South Carolina

  • @davidlam8611

    @davidlam8611

    23 күн бұрын

    I have been to Liuzhou, and it does not feel poor at all. It was also home of Ironman Liuzhou, which was the only Ironman event held in China. I didn't see a single homeless person or anyone begging for money.

  • @greentraveler4114
    @greentraveler411423 күн бұрын

    Japanese Germans Koreans export most of its cars abroad than its domestic consumption demand, is that also industrial overcapacity? The same to USA's iPhones iPads MacBooks Boeings, overcapacity? 😂😂😂

  • @jjola8663

    @jjola8663

    18 күн бұрын

    Scoundrels always have excuses and pretexts. If a country is a rogue, that is terrible.

  • @bcychung

    @bcychung

    18 күн бұрын

    Double standard is their way to go. The West could use any dirty words to defame you.

  • @snorriman

    @snorriman

    17 күн бұрын

    Actually, "overcapacity" is a communist term. Marx believes that free market will create monopoly and the exploitation on the workers will reduce social demands so eventually people can't afford the things they make. And Ford raised the workers wage level exactly because of this.

  • @hallowwin2721
    @hallowwin272122 күн бұрын

    This poorest Chinese city is a threat to United States National security!

  • @nicholaswhite9760

    @nicholaswhite9760

    21 күн бұрын

    U Anthony Blinken?

  • @qinfugu2816

    @qinfugu2816

    17 күн бұрын

    😂😂😂

  • @MM-sf3rl

    @MM-sf3rl

    14 күн бұрын

    😢😮😂😅

  • @MM-sf3rl

    @MM-sf3rl

    14 күн бұрын

    The protectionist America is going to lose many more markets because they cannot cooperate with others, even your own citizens.

  • @infinityyyy3830

    @infinityyyy3830

    3 күн бұрын

    😂

  • @mchammer3927
    @mchammer392723 күн бұрын

    As a normal consumer I want to thank China for all off its products .....

  • @andrean2247

    @andrean2247

    23 күн бұрын

    China products rocks, call me ccp shill if you want. But china goods helped me somuch

  • @willeisinga2089

    @willeisinga2089

    22 күн бұрын

    Same with me in Groningen Nederland. Rooftop Solar Inductioncooking Airfryer Microwave Watercooker Heatpump. Affordable EV. Energy independent for 12 years now. Thank you China and CPC.👍 Our Government and EU Government want to stop this for Profit. For shareholders and Taxes. We must pay the Price for War, Sanctions and Tarifs.

  • @figgbx112

    @figgbx112

    22 күн бұрын

    @@andrean2247ccp bot

  • @ITeachChinese

    @ITeachChinese

    22 күн бұрын

    you are welcome 😂

  • @oceanwave4502

    @oceanwave4502

    22 күн бұрын

    The Global South really thanks China for affordable products, from smartphones, to gadgets, to home appliance... I can't imagine what the price of final products would be when people here in Germany start taking 4-day workweek.

  • @windsong3wong828
    @windsong3wong82823 күн бұрын

    If cheap labour is the criteria for making cheap EV then India, Pakistan etc would win hands down. China is successful because it has cut through a lot of barriers between layers of departments, companies etc that have led to higher cost in the old companies. The Chinese have out competed everyone and now they are claiming some excuse like “ over capacity “ to impose punitive tariffs on the Chinese EV. Hahahaha…. When Facebook gave away freebies for you to use their products….it is smart business. Later, they will whack you with some hefty fees. It is OK if american companies dominate . Last time , they claimed that the Chinese companies will never do well as they lack market intelligence or they are socialist companies. Now they claim that the Chinese companies are too smart , successful and cheap. That’s what happens when you outcompete them.

  • @tooltalk

    @tooltalk

    23 күн бұрын

    >> The Chinese have out competed everyone and now they are claiming some excuse like “ ...

  • @manasmishra8945

    @manasmishra8945

    23 күн бұрын

    I have never seen Chinese ev in India

  • @manasmishra8945

    @manasmishra8945

    23 күн бұрын

    Only Nexon ev or Tiago ev

  • @brianjin9592

    @brianjin9592

    23 күн бұрын

    @@manasmishra8945 I think this person is suggesting that india has a cheaper labour force compared to China, not that BYD is trying to sell into the Indian EV market.

  • @hengongchua6250

    @hengongchua6250

    23 күн бұрын

    Cheap labour??? What a joke? They are still dreaming that Chinese labour costs are cheaper than in India and Pakistan. Chinese GDP per capita is 4 to 5 times higher than India.

  • @gocolago33
    @gocolago3323 күн бұрын

    USA can't compete. 😂 have to pay overpriced cars with substandard quality and tech.

  • @raf3262

    @raf3262

    23 күн бұрын

    Don't be fooled a lot of Chinese who bought this kind of EVs had way more problems like Tesla cars. Engines would explode, the autodrive feature is broken, and doors would even lock you from the inside.

  • @paulzhang1310

    @paulzhang1310

    23 күн бұрын

    @@raf3262 if that really the case why you need 100% tariff on Chinese cars ....

  • @enzhus

    @enzhus

    23 күн бұрын

    Toyato Corolla just dropped its price to 79K RMB, that's less than 11K USD. How much it is in USA? 🤔

  • @enzhus

    @enzhus

    23 күн бұрын

    @@raf3262 If you don't want to buy them that's OK. But all other cars dropped price, starting price for Corolla is less than 11K USD, Camry is less than 20K USD, BMW i3 is less than 25K USD. How much do they cost in your country? ☺

  • @Haikalemyrse

    @Haikalemyrse

    22 күн бұрын

    says who doesn't own ev cars​@@raf3262

  • @passby8070
    @passby807023 күн бұрын

    Even one of the poorest cities still look rather impressive!

  • @huanghermann5207

    @huanghermann5207

    23 күн бұрын

    the poorest province, not the poorest city (it is a 5 tier city in China)

  • @LH1xx

    @LH1xx

    23 күн бұрын

    @@huanghermann5207 The calculation of GDP is a hoax, even the calculation of PPP is not fully correct, the real Chinese economic power is seriously underestimated.

  • @jerryluan9106

    @jerryluan9106

    23 күн бұрын

    @@huanghermann5207 5 tier city is quite poor enough actually, maybe not the poorest😂

  • @carkawalakhatulistiwa

    @carkawalakhatulistiwa

    22 күн бұрын

    ​@@huanghermann5207The city has a population of 4 million more than Berlin. And they say it's a small town

  • @hejueheng

    @hejueheng

    21 күн бұрын

    柳州是三线城市,不是五线城市

  • @wynterwei9628
    @wynterwei962821 күн бұрын

    Overcapacity means I can buy a 55-inch, 4K144hz gaming miniled TV in China for less than 3,000 yuan (about $415). Thank you, China

  • @MacrosFTW
    @MacrosFTW23 күн бұрын

    If that is the poorest province, then China is doing something right. I tbought it would look like Detroit or something.

  • @BSPBuilder

    @BSPBuilder

    23 күн бұрын

    Chinese cities are usually very well planned and constructed: kzread.info/dash/bejne/eZ6K17NwoLywXaw.htmlsi=KykmkEhKj8x039XR

  • @RStyleAu

    @RStyleAu

    23 күн бұрын

    Not the poorest, maybe bottom 20%. Liuzhou city GDP is 106th in China

  • @LH1xx

    @LH1xx

    23 күн бұрын

    The calculation of GDP is a hoax, even the calculation of PPP is not fully correct, the real Chinese economic power is seriously underestimated.

  • @DR.Don1899

    @DR.Don1899

    22 күн бұрын

    不好意思,这座城市生产比底特律更多的汽车,大部分都是便宜耐用给普通百姓使用的汽车。中国人把这个牌子称为“人民的五菱”。就像大众汽车刚建立时候一样。

  • @augusto_lemius

    @augusto_lemius

    20 күн бұрын

    According to the gazette of the prefecture of Liuzhou, the local gdp per capita is about 10,000 dollars. Guangxi province, where the Liuzhou city located, is poor because it's a mountainous inland province, but the Liuzhou itself is not poor.

  • @alexlawcb
    @alexlawcb23 күн бұрын

    If the Chinese government is spending their money to “subsidise” manufacturing, how does the US government spend their money, I wonder.

  • @John-yx6yz

    @John-yx6yz

    23 күн бұрын

    The politicians subsidize their own pockets and bank accounts.

  • @alfred-vz8ti

    @alfred-vz8ti

    23 күн бұрын

    building weapons and enriching shareholders.

  • @kenho-wr5ul2rh7m

    @kenho-wr5ul2rh7m

    23 күн бұрын

    $850+ billions on military this year, $1.7 trillion govt deficit same year

  • @enzhus

    @enzhus

    23 күн бұрын

    US government also spent their money to subside manufacturing, what do you think? 🤣🤣🤣

  • @shadowsockss2702

    @shadowsockss2702

    23 күн бұрын

    The US subsidies as well, but the funds often end up in the pockets of the wealthy rather than being invested in research and development.

  • @Herodotus__
    @Herodotus__22 күн бұрын

    Anything to bash China, "poorest province," wish my poor province in the States was like this😂

  • @user-jc5ww2rb4s

    @user-jc5ww2rb4s

    20 күн бұрын

    Chinese here. This time, they are not wrong. Guangxi province is indeed one of poorest province in China.

  • @user-bx5vm5vv4o

    @user-bx5vm5vv4o

    20 күн бұрын

    this city is poor.this time they didn't lie to you.😂😂😂

  • @user-gj5up5bl8i

    @user-gj5up5bl8i

    19 күн бұрын

    but the countrysides in Guangxi province is indeed poor.I have been there.

  • @archstanton5973

    @archstanton5973

    18 күн бұрын

    Go look up the small farm labor towns in the Central Valley in California. The rural villages in "impoverished Guangxi" are paradises in comparison. In the UBER affluent San Francisco Bay Area there is a small coastal town named Half Moon Bay that has a lot of agriculture. Last year there was a mass shooting involving farm laborers and in the resulting aftermath the housing conditions of the laborers were made public and it ABSOLUTELY freaked out officials. We're talking living conditions straight out of shantytown/slums in india. The town officials of Half Moon Bay kept insisting "we didn't know about this!" "we didn't know about this!" "we didn't know about this!"..........

  • @user-ke7qj2sy2u

    @user-ke7qj2sy2u

    13 күн бұрын

    ​@@user-gj5up5bl8i我来自广西的农村。我们家有两台车了。还想再买一台新能源车,因为使用成本更低。😂

  • @HasnaaAlaa
    @HasnaaAlaa23 күн бұрын

    Chinese "overcapacity" is the funniest sore loser propaganda i have ever heard

  • @andiy2521

    @andiy2521

    22 күн бұрын

    I don't understand why there is the concept of overcapacity. Normally, when you have more products than people need, you can probably describe it like this. However, there are so many people who want to buy such a technological, cheap and practical car. Overcapacity? absolute lie

  • @figgbx112

    @figgbx112

    22 күн бұрын

    @@andiy2521Because this is the Chinese threat theory.

  • @Fldllse

    @Fldllse

    22 күн бұрын

    haha. if the average folks in the west who believe in their propaganda care to grow a brain for once and check some simple facts, like how big is the percentage of cars produced in China over the total car production in China, and compare that number to the likes of Germany, Japan etc, they will immediately know that China is not the one who's "overcapacity"

  • @xinling457

    @xinling457

    21 күн бұрын

    @@andiy2521 an excuse US fabricated to stop China's development,

  • @user-gp5cf9du6m

    @user-gp5cf9du6m

    20 күн бұрын

    ​@@andiy2521我可以想象美国的智囊们在桌子面前转圈,想些什么办法呢😂,我到底该想些什么话术呢

  • @mysticalwind4632
    @mysticalwind463223 күн бұрын

    Some people in the US need to grow up and stop crying and stop the endless finger pointing. It's beyond pathetic.

  • @kenho-wr5ul2rh7m

    @kenho-wr5ul2rh7m

    23 күн бұрын

    pointing finger to others doesnt improve urself

  • @GeoBerries

    @GeoBerries

    20 күн бұрын

    @@kenho-wr5ul2rh7m but that does help all US politicians fool their voters

  • @Kukura001
    @Kukura00123 күн бұрын

    The city in the poorest province looks much better than Montreal. Much of the infrastructure here has fallen into disrepair

  • @RStyleAu

    @RStyleAu

    23 күн бұрын

    Liuzhou city GDP ranks 106th in China

  • @vahleof1

    @vahleof1

    12 күн бұрын

    Have they finished with Pie-IX?when I left 3 years ago it was open-air after I think 3 years 🤣,but darn I miss Montreal....

  • @Kukura001

    @Kukura001

    12 күн бұрын

    @@vahleof1 Pie-IX metro station? Just got back from Jardin Botanique, and the fence tells me the construction is still going on.

  • @fangquans
    @fangquans22 күн бұрын

    A city of poorest province in China looks cleaner and moderner than NYC.

  • @user-je2ew6vl7v

    @user-je2ew6vl7v

    21 күн бұрын

    The poorest city doesn't mean dirty. Liuzhou is indeed the poorest in western China

  • @user-np5ci8mp8g

    @user-np5ci8mp8g

    18 күн бұрын

    What? As a Chinese person, I have never been to the USA. Is NYC as bad as you said? In my impression, NYC is a super modern city.

  • @user-gm7cj7ds8s

    @user-gm7cj7ds8s

    18 күн бұрын

    @@user-np5ci8mp8gThe New York subway is so dirty.😂

  • @volleyballdad5632

    @volleyballdad5632

    17 күн бұрын

    @@user-np5ci8mp8gyou better see it with your own eyes. Your impression may be decades old.

  • @hengongchua6250
    @hengongchua625023 күн бұрын

    One of poorest province of China the city looks cleaner, more orderly, more developed than Mumbai, New Delhi, Bangalore the silicone valley of the east as what they have claimed. Obviously it is also safer even for solo lady to walk around at night.

  • @Valentine-us3og

    @Valentine-us3og

    21 күн бұрын

    Me as a solo lived female in China never worried about safety. Being safe is as common and natural as breathing air, even when walking in the streets at midnight

  • @xppyg

    @xppyg

    16 күн бұрын

    ​@@Valentine-us3og还是要小心街边的烧烤摊,那些会洗劫你手机里的余额。

  • @kenho-wr5ul2rh7m
    @kenho-wr5ul2rh7m23 күн бұрын

    100% tariff means u are buying a $14000 quality car at $28000 price while US govt earns the $14000 difference from u

  • @eish3291

    @eish3291

    22 күн бұрын

    The average American does not know that a tarriffs is an extra tax by another name

  • @nicholaswhite9760

    @nicholaswhite9760

    21 күн бұрын

    Dealers: don’t forget my margin,dude!

  • @西风吹不乱

    @西风吹不乱

    8 күн бұрын

    纳税光荣😂

  • @codebro777p4
    @codebro777p422 күн бұрын

    after the video of the city... Let's re-establish the word "POOR"

  • @ecrush5080
    @ecrush508021 күн бұрын

    If that kind of city is considered "poor", then I am happy for them.

  • @chrislui571

    @chrislui571

    16 күн бұрын

    Yes, the video showing us our tier 3 or tier 4 city? Miles behind our tier 1 and tier 2 cities in China. 😅

  • @user-gw7bn5nc3c
    @user-gw7bn5nc3c22 күн бұрын

    This is one of the poorest city in china let that sink in

  • @user-qn4ji8cw7j

    @user-qn4ji8cw7j

    22 күн бұрын

    you konw why biden or trump would be so crazy?

  • @edukid1984

    @edukid1984

    15 күн бұрын

    Correction: this is one of the top three cities in one of the poorest provinces by per capita GDP (in US dollar terms). For comparison, Liuzhou's per capita GDP in 2023 is about $7000 at current forex rate (less than a third of Beijing's or Shanghai's).

  • @alexlawcb
    @alexlawcb23 күн бұрын

    Poorest city? Seem richer than many cities in the West.

  • @clother2745

    @clother2745

    23 күн бұрын

    @@user-di6cj1tm3y 不是省会,广西省会是南宁。

  • @davidlam8611

    @davidlam8611

    23 күн бұрын

    I have been to Liuzhou, and it does not feel poor at all. It was also home of Ironman Liuzhou, which was the only Ironman event held in China.

  • @paulzhang1310

    @paulzhang1310

    23 күн бұрын

    @@user-di6cj1tm3y jesus loves CCP

  • @vanxz7511

    @vanxz7511

    23 күн бұрын

    @@user-di6cj1tm3y Actually Nanning is the capital city.

  • @ttusko3132

    @ttusko3132

    23 күн бұрын

    @@user-di6cj1tm3y nope. It's definitely not the capital of Guangxi province. The capital city of Guangxi is Nanning

  • @mfg8129
    @mfg812923 күн бұрын

    City in rich America not affordable to buy car from poor China.

  • @Shane-zl9ry
    @Shane-zl9ry23 күн бұрын

    It's just US and Europe union workers trying to keep their jobs. 🙃

  • @ALWH1314

    @ALWH1314

    23 күн бұрын

    Lost to Japan and Korea long time ago, lol.

  • @Shane-zl9ry

    @Shane-zl9ry

    23 күн бұрын

    @@ALWH1314 True

  • @figgbx112

    @figgbx112

    22 күн бұрын

    They need to compete.

  • @sylvia868

    @sylvia868

    21 күн бұрын

    😅中国造车厂里都快不用工人了。全是机器自动化。靠人拼制造业的时代已经结束了。

  • @luluapple1067
    @luluapple106723 күн бұрын

    Silly American can’t no longer compete

  • @kawings
    @kawings22 күн бұрын

    When you mentioned about poorest province, you might think their economic level is something like African countries but you be wrong. Their poorest cities are in fact higher than those major advance capitals in south east asia and on par to Melbourne and Sydney

  • @chuckgoodwish3897
    @chuckgoodwish389723 күн бұрын

    OMG! That is the poorest province in China?

  • @manimalworks7424

    @manimalworks7424

    23 күн бұрын

    It is. It’s ranked 28th out of 30

  • @figgbx112

    @figgbx112

    22 күн бұрын

    The third from the bottom

  • @user-je2ew6vl7v

    @user-je2ew6vl7v

    21 күн бұрын

    it is true

  • @Ray-bl3qv

    @Ray-bl3qv

    21 күн бұрын

    And this city ranks 106 among richest cities in China.

  • @yuyu-py5ow

    @yuyu-py5ow

    16 күн бұрын

    贫穷省中的富有城市

  • @ccm321
    @ccm32121 күн бұрын

    When i visited China 1 month ago, EV is everywhere, the inside design of the cars blew my mind. So light and convenient to drive. cities look so clean and well developed. Now i feel sad that i cant buy chinese EV when got back to canada. Why Canada doent allow them imported? They are cheap and feel nice to drive!

  • @antonychu7406

    @antonychu7406

    21 күн бұрын

    kzread.info/dash/bejne/gJ6h2tqYYJTNlMY.htmlsi=bN-A3Kve5wodITGO

  • @beproudasian8279

    @beproudasian8279

    19 күн бұрын

    Corrupt monopolistic capitalism, corrupt politics and politicians that's why!

  • @user-uo4kd6my7b

    @user-uo4kd6my7b

    17 күн бұрын

    In fact, pure electric cars are not suitable for perennial cold regions, and if I remember correctly, most of Canada's land is above 40 degrees north latitude, and most of the country has a temperate continental climate with cold and long winters. If you do not live in a temperate maritime climate In the West Coast region, I recommend that you choose a hybrid car or a gasoline car rather than actually buying an electric car. Here's a piece of advice from the Chinese on machine translation.

  • @ccm321

    @ccm321

    17 күн бұрын

    @@user-uo4kd6my7b thanks for your kind suggestion. My current car has mileage of 20000KM after 5 years of purchase. I live in BC and work from home a lot. It is a waste no matter what kind of new vehicle to buy….so I decided not changing car for now

  • @felixjordan3514
    @felixjordan351422 күн бұрын

    It is amazing to see that the poorest province in China look so modern and clean.

  • @yojimbo3681
    @yojimbo368118 күн бұрын

    This is what happens when you don't spend money on war.

  • @polysporin8332
    @polysporin833221 күн бұрын

    Over capacity is a nonsense term. USA produces excess corn, pork, beef, wheat, milk, etc. And sells it overseas. Is not That over capacity? Like I said. it is a BS 🐂💩term.

  • @wsurfer2147
    @wsurfer214722 күн бұрын

    The west: China overcapacity. The rest of the world: More overcapacity please China.

  • @meouby2
    @meouby222 күн бұрын

    We need to redefine what poor is

  • @sinocare
    @sinocare23 күн бұрын

    "I challenge you: Name me one innovative project, one innovative change, one innovative product that has come out of China," the vice president (Joe Biden) dared cadets at Wednesday's Air Force Academy graduation. May 29, 2014. Ten years later China says: I got some samples from the far side of the moon.

  • @williamwatitwa3534

    @williamwatitwa3534

    22 күн бұрын

    You have 5 G, paper , and what the us loves most gun powder

  • @johnnywalker2870

    @johnnywalker2870

    22 күн бұрын

    Huawei alone accounts for about 60% of 5G patterns! American companies are installing 5G networks in the US by licensing Huawei's technology.

  • @chrislui571

    @chrislui571

    16 күн бұрын

    1. Quantum computer 2. Space-based Quantum communications 3. Nuclear Fusion research and development 4. 2000km range hybrid car (BYD) 5. Cashless society 6. Auto drive taxi Etc... Don't trust what I said, go do research yourself, there are news and updates on the Internet. 😉

  • @sinocare

    @sinocare

    16 күн бұрын

    @@chrislui571 you may have misunderstood my comment. I will forward your list to president Biden next time I see him.

  • @chrislui571

    @chrislui571

    16 күн бұрын

    @@sinocare i did misunderstood your comment 😅

  • @aungaisum8654
    @aungaisum865423 күн бұрын

    Poorest city 😅. Looks like much better than US major cities 😅

  • @augusto_lemius

    @augusto_lemius

    21 күн бұрын

    lztj.liuzhou.gov.cn/zwgk/fdzdgknr/sjfb/tjgb/t19700101_3249950.shtml

  • @augusto_lemius

    @augusto_lemius

    21 күн бұрын

    According to the gazette of the prefecture of Liuzhou, the local gdp per capita is about 10,000 dollars. Guangxi province, where the Liuzhou city located, is poor because it's a mountainous inland province, but the Liuzhou itself is not poor.

  • @registerhand4720
    @registerhand472023 күн бұрын

    Labor cost in China actually is not that low anymore. These workers in the car factories probably get paid ~1000 USD per month. That is around the minimal wage of an average Europe country, e.g. Portugal, Greece. R&D are likely paid 1500+ USD.

  • @windsong3wong828

    @windsong3wong828

    23 күн бұрын

    But….cost of doctor appointment is cheap . So, it is OK.

  • @wl6020

    @wl6020

    23 күн бұрын

    1k usd? Thats around 7k rmb. I doubt it, its more likely 3500-4500 rmb max. These jobs dont take much education.

  • @billshi6005

    @billshi6005

    23 күн бұрын

    ​@@wl6020no, that is the base salary, but there is bonus on there.

  • @huas5350

    @huas5350

    23 күн бұрын

    In China, a 500ml bottle of Coca-Cola costs about $0.4, a watermelon costs about $0.5-1 (depending on the region), a 500M home broadband + mobile phone SIM card costs about $6-9 per month (depending on the region), and if your commuter car is an EV, most people need to charge it for about $10-18 per month (based on an average of driving more than 1,000 kilometers per month).

  • @tooltalk

    @tooltalk

    23 күн бұрын

    @@huas5350 you forgot to mention 60+M unoccupied homes.

  • @shv90210
    @shv9021023 күн бұрын

    Leave it to the Chinese, The fact that China has over 50% of the Global industrial manufacturing capacity. Its all just staggering, USA doesn't seem like it can compete.

  • @Thunderrolls87

    @Thunderrolls87

    22 күн бұрын

    We used to be the mfg super power before greedy corporations and paid off politicians got us into global free trade agreements and just in this area alone in the last 20 years 3 factories have closed. One the former largest refrigerator factory in the world.

  • @erwin5760

    @erwin5760

    21 күн бұрын

    Really, what does the US offer the world nowadays that China cant offer . nothing.

  • @Aapig

    @Aapig

    20 күн бұрын

    It's not 50 percent, it's more than 30 percent

  • @user-gj5up5bl8i

    @user-gj5up5bl8i

    19 күн бұрын

    but US has Google,NVIDIA,Apple,out compete Chinese High tech companies.😀China still has a long way to walk.

  • @Thunderrolls87

    @Thunderrolls87

    19 күн бұрын

    @@user-gj5up5bl8i Its a joke. We used to manfacture all of our own stuff here and the economy was great. MI was in top 10 in income. Now MI is 31 i think. Big fall!

  • @fritzeph6550
    @fritzeph655022 күн бұрын

    In the Philippines when you said poor it's really poor like super poor 😅.

  • @GIN.356.A

    @GIN.356.A

    22 күн бұрын

    That can change with good policies.

  • @fritzeph6550

    @fritzeph6550

    21 күн бұрын

    @@GIN.356.A I hope we can import the late Singaporean president to govern our country that will really change the Philippines 😀.

  • @user-zp3tp4in7e

    @user-zp3tp4in7e

    20 күн бұрын

    菲律宾摆脱美国的话,会变得富有起来

  • @user-bx5vm5vv4o

    @user-bx5vm5vv4o

    20 күн бұрын

    ​@@fritzeph6550leave the USA

  • @user-il9bf6jo5r

    @user-il9bf6jo5r

    8 күн бұрын

    By moving away from the United States and developing its economy, the Philippines could become a rich country and a friendly neighbor.

  • @bsc524
    @bsc52421 күн бұрын

    The poorest province in China is not really poor by American standard.

  • @jiaowoaguo

    @jiaowoaguo

    21 күн бұрын

    this province under 45000 yuan RMB (7000 us dollars) GDP per capital.China's GDP per capita for all provinces is $11,000,It is far below the average, so it is the poorest area.

  • @infinityyyy3830

    @infinityyyy3830

    3 күн бұрын

    Just like 'developing country'😂

  • @Popso777
    @Popso77720 күн бұрын

    Poor chinese city looks much better and cleaner than new york city, no offense, usa should learn and ask help from china to make America great again

  • @ALWH1314
    @ALWH131423 күн бұрын

    This is probably the most successful EV GM ever invested.

  • @RStyleAu

    @RStyleAu

    23 күн бұрын

    GM is so lucky, don’t know why they rescue Wuling at beginning 😂

  • @canpek545

    @canpek545

    22 күн бұрын

    @@RStyleAuGM didn’t make lots of money from mini EV, but good promoting. Only big cars make real money!

  • @zcalvin80

    @zcalvin80

    16 күн бұрын

    @@RStyleAuActually at beginning Wuling didn’t need any rescue, they already made the most automobiles in China at that time, mostly used at the countryside. By the time, when I heard the news that Wuling is part of Shanghai Motor GM, I’m wondering why they made this decision? US companies usually bought a brand and abandon it, so that they couldn’t block their way, it’s a cheap choice at 90’s, and happened a lot in China at that time. Maybe Wuling is lucky, they make very cheap mini cars, trucks , which GM don’t produce.

  • @ALWH1314

    @ALWH1314

    14 күн бұрын

    @@zcalvin80 GM introduced Six Sigma to China which helped quality, efficiency, process and logistics. It didn’t rescue anything but definitely shortened learning curve and provided discipline GM cumulated from years of car manufacture experience.

  • @zcalvin80

    @zcalvin80

    13 күн бұрын

    @@ALWH1314 agree

  • @jemodeu
    @jemodeu22 күн бұрын

    the city showed in this video looks far better 99% of US cities. to be honest, clean and well deveoped. how could be poor?

  • @jiaowoaguo

    @jiaowoaguo

    22 күн бұрын

    but this is truth. guangxi ranks 29 of 31 provinces.and liuzhou city is a tier 4 city only 7000 us dollars GDP per capital.

  • @user-wv8wq4tc3l

    @user-wv8wq4tc3l

    19 күн бұрын

    Because of poverty, low land and labor prices, and with the efficient and full cooperation of government departments, it has attracted a large amount of investment from Chinese domestic automobile brands and has achieved good development.

  • @user-wv8wq4tc3l

    @user-wv8wq4tc3l

    19 күн бұрын

    As long as the government can give full play to the advantages of its jurisdiction, poor areas can also achieve good results.

  • @goingmerry123
    @goingmerry12323 күн бұрын

    America isn't falling behind, it already is behind!

  • @unreliablenarrator6649
    @unreliablenarrator664922 күн бұрын

    So exporting 1% export is overcapacity? This is complete nonsense.

  • @raymonddon8875
    @raymonddon887523 күн бұрын

    wow... china owns the EV car market - period!

  • @tooltalk

    @tooltalk

    23 күн бұрын

    which is being diversified away from China.

  • @kobe24j
    @kobe24j23 күн бұрын

    The city is not poor. It may not be a 1st or 2nd tier city, but it is not poor. It is actually better than some cities here in the US.

  • @duncankowable

    @duncankowable

    23 күн бұрын

    Guangxi province isn’t in the top rich list. Especially when they are next to guangdong

  • @RStyleAu

    @RStyleAu

    23 күн бұрын

    Liuzhou city is about tier 3th in China. Very impressive for low cost cars, but cannot compete with 2rd cities in China east coast.

  • @kobe24j

    @kobe24j

    23 күн бұрын

    @RStyleAu is true, but for NBC to say it is poor. That's just stupid

  • @RStyleAu

    @RStyleAu

    23 күн бұрын

    @@kobe24j Liuzhou county GDP is 106th, Guangxi Province is 19th of 31.

  • @kobe24j

    @kobe24j

    23 күн бұрын

    @RStyleAu I understand, but it's not poor. Would NBC call Oakland poor? Liuzhou is more beautiful than Oakland!

  • @cobracommander.1958
    @cobracommander.195822 күн бұрын

    Jealousy is a curse....

  • @andydondy6444
    @andydondy644422 күн бұрын

    This is their poorest province😮😮😮 looks better than any city in india😅

  • @BSPBuilder

    @BSPBuilder

    22 күн бұрын

    Not the poorest province, but bottom 20% in terms of GDP.

  • @user-ke7qj2sy2u

    @user-ke7qj2sy2u

    13 күн бұрын

    ​@@BSPBuilderRanked third from the bottom😂

  • @frank-gz1xo

    @frank-gz1xo

    10 күн бұрын

    @@BSPBuilderTop 3 poor provinces

  • @junaidisalam5718
    @junaidisalam571821 күн бұрын

    what? this is a poor city?

  • @WMD--WashingPowder

    @WMD--WashingPowder

    20 күн бұрын

    you konw why biden or trump would be so crazy?

  • @jackietam750

    @jackietam750

    17 күн бұрын

    it is one of poorest province of China, sure, i a living here too

  • @madaokin9216

    @madaokin9216

    14 күн бұрын

    rich city in a poor province

  • @joe5865
    @joe586521 күн бұрын

    In China the capital of a province is usually the richest city in that province. Guangxi province is indeed one of the poorest provinces in China and Liuzhou is not even its capital.

  • @yongchen8204
    @yongchen820423 күн бұрын

    nobody talks about overconsumption in the G7 countries. if America, Europe and Japan cut down their consumption level, there is no climate crisis issue and china has no overcapacity as well. every country just produces enough goods for it own citizens.

  • @donkeykong516
    @donkeykong51622 күн бұрын

    If that’s a poor city, then a rich city must be super awesome

  • @augusto_lemius

    @augusto_lemius

    21 күн бұрын

    According to the gazette of the prefecture of Liuzhou, the local gdp per capita is about 10,000 dollars. Guangxi province, where the Liuzhou city located, is poor because it's a mountainous inland province, but the Liuzhou itself is not poor.

  • @lifefun1987
    @lifefun198723 күн бұрын

    rank 28 among 30 province. it is poor area. south board near vietnam. 7000 gdp per capita. national average 13k

  • @RStyleAu

    @RStyleAu

    23 күн бұрын

    Liuzhou City GDP is 106th in China

  • @user-ym7kq2tx3m

    @user-ym7kq2tx3m

    23 күн бұрын

    但是中国的购买力比美国强点

  • @NanaCan-gw3ol

    @NanaCan-gw3ol

    21 күн бұрын

    但是广西农产品价格低,三块钱的早餐自助我只在广西见过,五元二十个的火龙果十块五斤的砂糖橘😂

  • @landflame

    @landflame

    21 күн бұрын

    @@user-ym7kq2tx3m那可不是强一点啊

  • @iggihk
    @iggihk23 күн бұрын

    It is 2024, and all you can blame is still cheap labour? It is time to wake up and think about who benefits from cheap products. How many people can afford an iPhone or ipad if it is not made in China? Who else can make TVs cheaper than windshields 😂

  • @happymelon7129
    @happymelon712922 күн бұрын

    The same people and medias said, In the past, China couldn’t make it. Then poor product quality. Then safety issues Then democracy and national security issue. Now over capacity. .... China are constantly improving their technology and products, but here we just keep drinking coffee, criticizing and complaining.

  • @dashong8912
    @dashong891222 күн бұрын

    If a poor province can do that, think what the rich provinces are doing.

  • @alexpan8138
    @alexpan813823 күн бұрын

    Now BYD released the new Qin L and New Seal Hybrid with 2400km range in 1 full tank and 1 charge, for 15000USD. Even we are also shocked as Chinese. The Revolution is coming.

  • @aungaisum8654

    @aungaisum8654

    23 күн бұрын

    This is innovation

  • @applebee9060

    @applebee9060

    23 күн бұрын

    It’s not really innovation. That tech had been around for some time. I would say this is more of an evolution. Ever improving current tech.

  • @alexpan8138

    @alexpan8138

    22 күн бұрын

    @@applebee9060 Well whatever you call it, it’s super attractive to most consumers. Who doesn’t want to get a 2400km range car for 15000USD? For 22000USD you get highest spec model with all the options.

  • @paultsjan6047
    @paultsjan604722 күн бұрын

    China is providing employment for its people all over the country. Liuzhou has become an electric vehicle production hub as well as a regional central industrial city and transportation hub with comprehensive development. It is also a historical and cultural city with a resident population of 4,120,600 and an urban population of 2,310,000. Liuzhou has a history of more than 2,100 years and is a national historical and cultural city. Well done.

  • @Rio-ke9he
    @Rio-ke9he23 күн бұрын

    West does not mean International

  • @BatCountryAdventures
    @BatCountryAdventures23 күн бұрын

    What? That's poor province?!? Looks at how clean the streets are! I thought only Tier 1 are any good. That city looks nothing like how I would imagined.

  • @augusto_lemius

    @augusto_lemius

    21 күн бұрын

    According to the gazette of the prefecture of Liuzhou, the local gdp per capita is about 10,000 dollars. Guangxi province, where the Liuzhou city located, is poor because it's a mountainous inland province, but the Liuzhou itself is not poor.

  • @aadaadaa

    @aadaadaa

    20 күн бұрын

    @@augusto_lemius If we rank cities by level of development, Liuzhou ranks between 70 - 100. In other words, there are at least 70 cities in China that are more developed than Liuzhou.

  • @abiytadele1784
    @abiytadele178421 күн бұрын

    that city is away beautiful than my country's capital

  • @kr8972
    @kr897221 күн бұрын

    A Japanese car maker bought one of those USD 4,000 mini EV and broke it to pieces to do an investigation. They desperately found USD 4,000 is not even enough for them to collect all components with the same quality. Not to mention other costs like labor salaries.

  • @nicholasliao42
    @nicholasliao4222 күн бұрын

    lol as a liuzhou native i would say that the mini ev is cheap and convinient and its easy to drive and park in city!! all of my friends family got 2 cars 1for long distance driving and we use the mini ev to go to market and pick up kids form school! we love it !! we only need to pay 1000rmb per month to buy it~ btw the way our city is more beautiful and colorful than this video lol~

  • @user-ke7qj2sy2u

    @user-ke7qj2sy2u

    13 күн бұрын

    我特别喜欢五菱的剁椒鱼头😂短途城市出行无敌😂

  • @nicholasliao42

    @nicholasliao42

    9 күн бұрын

    @@user-ke7qj2sy2u 哈哈哈真的柳州妹子人手一台。

  • @tengchuankhoo6585
    @tengchuankhoo658522 күн бұрын

    Some how if a local govt supports industry it is dubbed subsidy but if you use military force to buy from you, it is free trade. 😂

  • @robertwang7978
    @robertwang797822 күн бұрын

    This city Liuzhou not only is the hub of EV production in South China, also a very beautiful place of karst landscape scenery and Luosifen ( Local specialty of spicy rice noodle)

  • @miffyp3762

    @miffyp3762

    12 күн бұрын

    姐妹,你不要安利了,本地人已经快吃不上螺蛳粉了,都是游客😂

  • @WMD--WashingPowder
    @WMD--WashingPowder20 күн бұрын

    This is one of the poorest city in china let that sink in so!! you konw why biden or trump would be so crazy?

  • @kongwee1978
    @kongwee197823 күн бұрын

    Are you such that is a poor city?

  • @castlev1986
    @castlev198623 күн бұрын

    funny that's a car that poor working americans could buy vs what we have hear that puts you in the poor house

  • @tooltalk

    @tooltalk

    23 күн бұрын

    Americans don't buy small/compact vehicles -- it's a small segment that is also shrinking. Most people get by fine with slightly used cars at discount.

  • @castlev1986

    @castlev1986

    23 күн бұрын

    they would buy them knowing how cheap they are look on the bright side they won't be apart of the ford life anymore. & the boomers killed buying new cars really now days anyway it takes like 70,000 or around 35,000 or more or less getting a new car or truck. now look at how cheap them cars on i would think they would buy a lot of them.

  • @user-di6cj1tm3y

    @user-di6cj1tm3y

    23 күн бұрын

    these cheap mini cars are good for short distance trip in a city, not appropriate for US

  • @castlev1986

    @castlev1986

    23 күн бұрын

    @@user-di6cj1tm3y well if they can go 35 miles or more & they can go 55 miles a hr they can be i bet they can make them go that fast some how

  • @castlev1986

    @castlev1986

    23 күн бұрын

    @@user-di6cj1tm3y then a lot of people in cities & small towns in usa can use them

  • @pcstar123
    @pcstar12311 күн бұрын

    Overcapacity the new buzzword to replace competitiveness!

  • @pyrophobia133
    @pyrophobia13323 күн бұрын

    this "poorest" city still looks leagues better than some nicer cities in The States

  • @cosmoobserver3416
    @cosmoobserver341616 күн бұрын

    MiniEVs are so popular in Liuzhou that even the police use MiniEVs. Parking is usually free for MiniEVs for 2 hours within Liuzhou city, and parking lots are especially designed for such mini cars. One traditional parking space can thus be reallocated to accommodate 2 MiniEVs.

  • @willeisinga2089
    @willeisinga208922 күн бұрын

    City of 4 Million People. What an example of good cooperation. State Companies People work together. For much needed affordable clean Electric Vehicles. Beautiful.❤👍

  • @jackaus1742
    @jackaus174220 күн бұрын

    FYI, the largest car making company in Liuzhou is Wuling Motors, which was acquired by US General Motors in 2002. A good portion of the largest car company BYD is owned by Warren Buffet, the self-made investment guru.

  • @user-ww9ug9tu7w

    @user-ww9ug9tu7w

    19 күн бұрын

    什么收购?是三方合资公司,而且上汽才是最大股东

  • @seymorefact4333
    @seymorefact433321 күн бұрын

    USA PROPAGANDA keywords....OVERCAPACITY! its a good thing...MEANS Lower Prices and CAPITALISM WORKING efficiently. THE USA has been subsidizing (tesla, rivian, gm, ford, toyota, honda, lucid, canoo, fisker) , tariffs, tax credits, and sanctioning Chinese evs....but, MADE in USA EVs are $70K!

  • @Ottovonostbahnhof
    @Ottovonostbahnhof22 күн бұрын

    Wulin EV made by Liuzhou are selling at 2k -5k US dollar price range. It was the top seller in 2022 in terms of number of cars.

  • @Ahda108
    @Ahda10822 күн бұрын

    The poorest city can buy EVs a fraction of what you could find in your home country

  • @xiaoxiaopeng8207
    @xiaoxiaopeng820722 күн бұрын

    The air quality in Guangxi has always been quite good, with only a few days throughout the year when the AQI exceeds 100, and the normal range is between ten to fifty. But in all the news from these Western media, these places are all gray and hazy

  • @user-ww9ug9tu7w

    @user-ww9ug9tu7w

    19 күн бұрын

    今年一直下雨,最近涨洪水😢

  • @gonggxiu
    @gonggxiu20 күн бұрын

    Is this clip before or after the greyed out graphic fillter? Such poor work done by NBC video editor. 😉

  • @xansuswanka2859
    @xansuswanka285915 күн бұрын

    China : everyone have a good deal 🎉 America : everyone have democracy 🦅🦅🦅🦅🦅🦅🦅💣💣💣💣💣💣

  • @brianliew5901
    @brianliew590122 күн бұрын

    Even Chinese rice farmers can make better EVs than American best engineers now. What a joke! 😂😂😂😂😂

  • @ame9021
    @ame902123 күн бұрын

    欧洲关门前最好先搞清楚自己在门的哪一边。

  • @kenho-wr5ul2rh7m

    @kenho-wr5ul2rh7m

    23 күн бұрын

    你說話廷睿智👍👍

  • @truthful3777
    @truthful377722 күн бұрын

    Don't look poor to me, my country capital city, Kuala Lumpur pale in comparison.. China poorest city habe beautiful sky, the road is clean amd big infrastructure....

  • @xinyiquan666
    @xinyiquan66619 күн бұрын

    no one say china is overcapacity, except for US and its few ppts, because they can not compete, also they are not international

  • @mrmatias2618
    @mrmatias26188 күн бұрын

    For$4000 EV, I could give a car gift to every 10 of my nieces in a single month 😂😂😂.

  • @yiminggu4159
    @yiminggu415922 күн бұрын

    Wuling is a joint venture between General Motors and SAIC

  • @damionrichter
    @damionrichter23 күн бұрын

    its a good thing

  • @metricstormtrooper
    @metricstormtrooper22 күн бұрын

    It's not international criticism, it's Murika and it's lackeys that are complaining about a successful production upscaling, if Murika was organized enough to build reasonably priced EVs in large scale you lot would export them too. You're a bunch of hypocrites.

  • @xvbd6067
    @xvbd606722 күн бұрын

    It could lead to destruction of CEO pay checks

  • @LibertyEater
    @LibertyEater19 күн бұрын

    the full name of Wuling is SAIC-GM-Wuling, and yes the GM stands for the GM of US.

  • @Jimmyke1024
    @Jimmyke102421 күн бұрын

    The cameraman of NBC TV did a great job. He used the filter technology to filter out the blue sky and white clouds. It gives people a very uncomfortable feeling. This propaganda method is worth learning for China.

  • @gogo-goboy

    @gogo-goboy

    19 күн бұрын

    NBC work for CCP?

  • @wenbo595
    @wenbo59522 күн бұрын

    Its true. Guangxi is one of the poorest. Never been there.

  • @Lee-hf9gx
    @Lee-hf9gx20 күн бұрын

    guangxi is indeed the poorest province in china but Liu zhou ranks 103Rd out 293citiesv in china

  • @CarlosGarcia-ro2xf
    @CarlosGarcia-ro2xf23 күн бұрын

    4k car that awsome

  • @BillF20081
    @BillF2008121 күн бұрын

    1. Liuzhou is NOT a province; 2. Liuzhou or its located province - Guangxi is NOT the poorest province in China (Note: Liuzhou was the most famous place making coffins in the past); 3. If exporting means overcapacity, then all the S&P 500 companies are overcapacity too, as they're exporting a high % of their brands? 4. ... What's your BJ Bureau Chief doing???

  • @user-js9ui4br8n

    @user-js9ui4br8n

    17 күн бұрын

    广西真的穷,人均GDP排名全国倒数第三!🤣

  • @user-je2ew6vl7v
    @user-je2ew6vl7v21 күн бұрын

    柳州确实是最穷的,毫无疑问,哈哈哈哈,月平均工资不到500美元

  • @tonynote
    @tonynote22 күн бұрын

    'overcapacity' my axx

  • @kingmanL7309
    @kingmanL730917 күн бұрын

    The USA now is led by a confused senior😂

  • @u2ber888
    @u2ber88823 күн бұрын

    iPhone production has always been overcapacity.

  • @feicheng7022
    @feicheng702222 күн бұрын

    I dont understand why CNBC considers Liuzhou as the poorest... Liuzhou is 2nd biggest city in Guangxi province.... famous for heavy industries....

  • @yichen-ti6vv

    @yichen-ti6vv

    22 күн бұрын

    30个省广西排名第28.

  • @feicheng7022

    @feicheng7022

    22 күн бұрын

    @@yichen-ti6vv 柳州广西最强的地级市了。哪有那么差。

  • @williejiang

    @williejiang

    22 күн бұрын

    "in a poor China province" CNBC说的是“最穷的省”

  • @shawnli3916

    @shawnli3916

    22 күн бұрын

    province vs city

  • @frank-gz1xo

    @frank-gz1xo

    10 күн бұрын

    广西不是最穷的省之一?

  • @gratefuldeadly7899
    @gratefuldeadly789911 күн бұрын

    Looks like NBC picked a gray day with overcast to shoot the video😂😂 and the camera is strategically positioned to not show blue sky 😂😂

  • @user-hf7cj4yu2z

    @user-hf7cj4yu2z

    11 күн бұрын

    并不是,柳州持续了将近三个月的阴雨天,水都是黄的

  • @johnnytshi
    @johnnytshi22 күн бұрын

    4k EV would be a perfect second car for me