China reopened to foreign students. Americans are staying away: on.wsj.com/3Y2StF8

@dsdgdsfegfeg

15 күн бұрын

This is bad journalism from WSJ. 🔸Young Chinese are VERY pro Western brand & very Anti-China brands 🔸Sales are down because 1: China's economy has collapsed 2: The CCP are doing everything possible to limit & push out western brands, including mass subsidization of CCP (state) companies

@Kennon959

15 күн бұрын

They stopped for 2 years and after that students could come in quarantine then were allowed to study and travel throughout China

@dsdgdsfegfeg

15 күн бұрын

@@Kennon959 CCP 🇨🇳 China is desperate for tourists. But no one is coming. That's what happens when the CCP threaten every country in the world

@deezeed2817

15 күн бұрын

The Americans like the Japanese are easily brainwashed and swayed by their leaders who call China a "threat". But Socialist China will continue to advance and China will show the young people of these capitalist nations a state that is not be feared but can solve the problems that capitalism cannot.

@matpk

15 күн бұрын

這條短片很多吱吱人

What wrong with Chinese using or eating Chinese brands? In this world, who gives rights to American brands to dominate every aspect of our lives?

@lilong717

15 күн бұрын

US government

@aiman9088

15 күн бұрын

I know right?! The host make it sound like not supporting American brand in China is wrong. Sometimes I swear Americans forget that the world don't revolve around them

@baffinsansterre

14 күн бұрын

Buying is voting, even in China.

@gigalipufpokemon1799

13 күн бұрын

and why do u all think of it in that way only ?

@1DutchMan69

13 күн бұрын

China envy the U.S lifestyle that's why there are some Chinese escaping that communist country to U.S. CHINA HAS NO FREEDOM AT ALL. We can have our problems but, we dont have a tyrant as a president like Pooh Xi jinping.

Some of these companies are not just failing in China. Nike and Starbucks are falling in popularity in the US.

@KamBar2019

15 күн бұрын

Shein, Temu and BYD : Please hold our DUMPLINGS 🇨🇳

@phoenix0110

15 күн бұрын

I perfer Italian hand made specialty coffee than Starbucks all day long

@gigi9467

15 күн бұрын

Garbage cooffe and shoes

@TomNook.

15 күн бұрын

Go woke go broke

@jeevan88888

15 күн бұрын

Oh yeah , then which brands are replacing Nike?

Chinese older people admire American culture, while young people are more confident in Chinese culture.

@Taylor.Hertz.

2 күн бұрын

I wish more Far East Asian people think this way. A lot of people in East Asia and South East Asia still have that colonial mentality.

@raafeyplayz7015

2 күн бұрын

@@Taylor.Hertz.same. Tbh I wish the whole world excluding the west (the originally colonialized world) embrace their own culture, to the point where they wear their traditional clothing in daily life. It’d be epic

@roastingchestnut

2 күн бұрын

Not true

@Bookworm214-y3d

Күн бұрын

@@Taylor.Hertz. Correct, i am vietnamese in America and my parents LOVE western culture...they love wyte folx even though these same people are the reasons why we had to leave vietnam and migrate to the USA...the mentality is so toxic...thank goodness i migrated away from that mindset...these colonizers are no heroes of mine

@Warrior4Love

Күн бұрын

Right On!

I am proud to say, I went from having McDonalds 5 times a week, sometimes 6, to zero, exactly 20 years ago this month!

@Phoca_Vitulina

15 күн бұрын

yo that's awesome!

@Greenpoloboy3

15 күн бұрын

@@Phoca_Vitulina Hey thank you!! :)

@dominos247

11 күн бұрын

Amazing

@mhaz1862

11 күн бұрын

No one cares 😂

@awepossum1059

11 күн бұрын

nice

If the US companies want to make money, they need to compete. If you can get the same coffee at the price of $2, why bother to spend $4 at Starbucks?

@Kbcqw

15 күн бұрын

A lot of people will pay 4$ for a coffee knowing full well that down the street they can buy a cup for 2$ though. The consumer is a tricky one to figure out…

@khoado1999

15 күн бұрын

@@Kbcqw back then, sure, because the coffee shop by American companies gave a different store ambience but nowadays local brands are copying from ambience to better taste and better quality. So there’s a movement that people are shifting

@brandonna5350

15 күн бұрын

Why not make coffee at home its quicker and cheaper why not get gas station coffee its only 1$ i think its about taste most people aren't worried about spending a extra 2$ if there satisfied instead of ending up what watered down coffee half the time.

@iggy5347

15 күн бұрын

China must de risk from american war mongering brand. Ths US love war war

@bonawang4995

15 күн бұрын

@@brandonna5350 That's the trick. Luckin also tastes much better than Starbucks. The only advantage of Starbucks is that they have well-furnished stores where you can sit down and have a chat with friends.

Chinese are embracing local brands America: security threat

@zfr33ze87

15 күн бұрын

Definitely not a security threat.

@keyboardmanyoutube3189

15 күн бұрын

@@zfr33ze87definitely yes. How dare you not buy IPhone but Huawei?

@ghingisoverland6932

15 күн бұрын

⁠@@keyboardmanyoutube3189 TikTok “security threat” in US, same propaganda in America 🇺🇸

@seanthe100

15 күн бұрын

The US is not Europe 😂😂😂 most US companies depend on the US the largest consumer market on the planet

@momokui

15 күн бұрын

@@seanthe100 LOL! the amount of people in mamarica are only about 1/4 of poeple in China. Largest, huh?

Nothing wrong when Americans want to buy American, but as soon as Chinese (or any other enemy) want to buy local then there's a problem?

@yurik383

8 күн бұрын

What? China is the leader from US imports for a long time. That doesn't even make sense

@chrischoy9

5 күн бұрын

No one is saying that there a problem. It’s all in your head

@SgtNoPants

4 күн бұрын

@@chrischoy9 is it tho? This video is implying it

@pbworld7858

3 күн бұрын

It's called hypocrisy.

@shadowmod3

3 күн бұрын

NOT MANY CHINESE BUY OUR OWN. IT IS NOT SAFE.

tho in China no one is beating KFC, they're genuinely crazy they'll collab with literally anything 😂

@ArnoldChen-pw4gd

15 күн бұрын

True.. It localized perfectly

@lancergt1000

15 күн бұрын

@@ArnoldChen-pw4gd they even collabed with a handbag

@pceb9621

12 күн бұрын

Why they don't mention Yum China !!. Are the Chinese aware that KFC is managed by Chinese? That the Americans in this matter only receive 3% fees. Yum china is not a western company, do the Chinese know that?

@mhaz1862

11 күн бұрын

True KFC in China is another level 😂

@utopian5411

9 күн бұрын

at least the chicken in KFCChina doesn't taste like cardboard

It's not so much patriotism but just consumers looking for the most value. Of course local brand is gonna thrive.

@DivinesLegacy

15 күн бұрын

Whatever helps you cope bud

@spadaacca

15 күн бұрын

It's both.

@lppoqql

15 күн бұрын

I think its the American Media's long time depiction and castration of Asian men thats coming back to bite them. Every western media product constantly depict Asian men in a very nasty way while constantly promoting Asian fetish. Anyone in the right mind will associate this kind of insult with western brands. I'm actually surprised it took so long, American media is really screwing up their overseas PR.

@cooperr5581

15 күн бұрын

I'd say it's heavily dependent on the patriotic factor. China is a very homogeneous society, and patriotic values and Chinese propaganda are a massive part of it.

@jblake6145

15 күн бұрын

@@cooperr5581sounds like exactly like US

On the other hand, it’s a consumer’s paradise. For example, being forced to compete with rivals like Xiaomi and Huawei, iPhones are often heavily discounted in China. You can get an iPhone 15 Pro Max for $675 on Taobao - no trade in’s, no nonsense. Ultimately, China’s domestic market is fiercely competitive - once an industry, brand, or concept is proven, new money rushes in and tries to displace first movers with price wars. This makes it difficult for any company to truly last, doubly so for foreign brands.

@jackocarina8007

15 күн бұрын

"Consumers paradise" hahahahahaha maybe in theory but china's economy is falling through the fkn floor right now with banks and real estate, like 75% of the pop lives on almost nothing. Very sad but Chinese people are in the grips of a Technological-Maoist regime that does not care for its citizens, far from a "paradise"

@user-uh4or2et4b

15 күн бұрын

This is the free competition under the market economy of capitalist society

@Orwellian-Purple-Grapes-1984

15 күн бұрын

A lot of western brands have also tried to cheat Chinese consumers by selling lower quality products for higher pricing in the local market compared to what they sell in the west, so a lot of trust has been lost by the Chinese consumer, especially the younger generations who are the first to get this type of information.

@DynamicUnreal

15 күн бұрын

@@user-uh4or2et4bToo bad that the USA is becoming more and more protectionist.

@Pclub4ever

15 күн бұрын

Gotta love it

What’s the problem with the Chinese preferring their own brands to foreign brands? Foreign companies have long dominated the Chinese market. American companies have made heaps profits off China. About time for the Chinese to gain their share on their home turfs.

@angec.4757

14 күн бұрын

In the UK, we are told to support UK meat and there is no fuss over that?? Why so surprising Chinese brands dominate in it's own country??

@leo29136

13 күн бұрын

in west logic only west can do n said what ever they willing to . everyone els needed to obey .

@maily8388

13 күн бұрын

@@leo29136terrible English. Hardly understand.😮

@neellie9474

13 күн бұрын

In Canada, we're constantly told to buy locally. Every country tells their citizens to buy locally and support their own made companies. The Chinese just has a large population compared to other countries, so it makes much bigger noise when foreign investors lose revenue. lol

@awdawdawdawdawd-n5y

12 күн бұрын

​@@maily8388 You forgot to capitalize the letter "T" to indicate the beginning of the sentence. Also, both of your statements are sentence fragments, and the second one is missing a subject and a verb. A better reply would be: "Your English is terrible. I can hardly understand it."

At least Chinese are not banning or putting high tariffs on American brands in national security concerns unlike US

@_sparrowhawk

15 күн бұрын

50cent army here we come

@vivliforia2262

15 күн бұрын

Look at annual trade balance between America and China. You will see why America wants to decoupling from China. If America doesn't decouple from China, America will suffer more debt. Most Chinese companies rely on the Chinese government heavily subsidizing Chinese products targeting American and European market.

@wisdombites3586

15 күн бұрын

@@vivliforia2262 haven’t you heard about reduction act , chip act - all these are US government heavily subsidizing Us companies.

@elpenprice679

15 күн бұрын

cuz they've there for decades?

@whitemoon5752

15 күн бұрын

@@vivliforia2262hey so what does America pay to China in toilet paper? All US does is print a 100 bill and pay to China. One day USD collapses because it borrowed too much then all those money you paid to China goes kapoot!

I was in China recently and the Luckin Coffee had so many innovative coffee flavours that incorporated fruits flowers and tea and honestly they were all shockingly good even the simple basics that Starbucks always mess up on. Not just Luckin, there were so many small cafes too that were superb. Coffee culture is big in China, people are passionate about it. Don’t dismiss their ability to innovate on food and drinks.

@user-or4ct5ow6b

15 күн бұрын

superior and cheaper. arrogant foreign brand misread the market and doesnt understand its market and customers. thought that people would bow for them simply becoz they opened a store? but thats not how competition works.

@Orwellian-Purple-Grapes-1984

15 күн бұрын

​@@user-or4ct5ow6b The West thought Chinese customers would bow to them, but they forgot that in a truly free market the customer is King.

@serafinacosta7118

15 күн бұрын

Food and beverage. Get it right.

@willng247

15 күн бұрын

First time in Shanghai. Tried out luckin coffee. I never went back to Starbucks. They will eat Starbucks alive if they come to the West.

@marg8315

15 күн бұрын

Yes. But there are also so much competition in the U.S. too, think all the local coffee brands and high end ones. But none can beat Starbucks in price. Chinese customers are definitely looking at value more now and sometimes that’s at the cost of their own wellbeing, think the recent two events in Shanghai

*Burger with Chinese Characteristics*

@vorlon81

15 күн бұрын

Tasty.

@What_a_piece_of_work_is_a_man

15 күн бұрын

It uses gutter oil!!

@vorlon81

15 күн бұрын

@@What_a_piece_of_work_is_a_man Like your mind ? in the Gutter , lol

@patricks8364

15 күн бұрын

With soy sauce?

@What_a_piece_of_work_is_a_man

15 күн бұрын

@@vorlon81 Gutter Oil is disgusting!!!

The nerve of Chinese companies dominating their own market.

The US was right, China has an overcapacity of delicious and affordable food

Nike has the right not to use Xinjiang cotton, and the Chinese have the right not to buy it.

@elfaridovic6721

15 күн бұрын

Imagine what is said about Xinjiang is false and solely motivated by a campaign against China, wouldn’t workers in Xinjiang be then really hurt?

@noizz4

15 күн бұрын

不得不说有时候新疆人恨汉人真不是无缘无故的

@user-pl4pz2xn2c

15 күн бұрын

@@noizz4 Tiananmen Square 1989 Chinese hate CCP too and CCP hates chinese.

@EbuzzNYC

15 күн бұрын

@@noizz4 They should, there are many reasons.

@zakariamattu8613

15 күн бұрын

@@noizz4they have lot of reasons

I don’t know who goes to Starbucks in China. It is more expensive than in the US. A cup of coffee for above ¥40. There are a lot of much cheaper alternatives, like luckin coffee, boba tea. All are more than 50% cheaper.

@tvl6347

15 күн бұрын

and luckin coffee taste better than Starbucks

@SomeLazyDr

15 күн бұрын

luckin is genuinely so good that it would beat starbucks even in america. and all of our boba shops would be destroyed the second chagee starts coming over here

@charlech

15 күн бұрын

You just simply don’t know any rich person in china 😂

@SomeLazyDr

15 күн бұрын

@@charlech rich people in China see Starbucks as something crazy. It would be like you spending $50 on coffee instead of $5. Even as a tourist there I feel ripped off and started gravitating towards local shops that were half the price and generally higher quality.

@lancecahill5486

15 күн бұрын

Starbucks is a status symbol. Taste has nothing to do with it.

Ridiculous, typical American thinking, was McDonald's defeated by Chinese hamburgers? There is no connection at all. Chinese food is much richer and more diverse than American food. It was only because the market was immature, commercial civilization was underdeveloped, and capital was not abundant that there were no local chain restaurants. It is not just Chinese hamburgers that defeated McDonald's. There are also noodles, buns, pancakes, dumplings, and now they all have corresponding Chinese chain brands. Who will still focus on two slices of bread and a piece of meat patty? The reason why the United States has Burger King and McDonald's is that the only thing the United States can offer is hamburgers.

@TelvanniSpaceWizard

7 күн бұрын

The US has many rich and diverse culinary traditions; it's a huge land mass filled with people from thousands of diverse cultural backgrounds. It's a shame (or mercy?) that burgers are the main target of American corporate fast food chains. Corporate America is bland and terrible; American cultures are not. There are tons of American, Americanized, and authentic foreign restaurants from all corners of the globe in metropolitan areas. And then people start mixing those traditions to make new ones. It's amazing.

@partizanSquad

Күн бұрын

@@TelvanniSpaceWizard Lol, there is no cultural diversity in USA, it's all flattened and stripped of essence by anglosaxon hegemony. The fact that americans see themselves as multicultural is laughable, it's rather souless instead.

You're going to have a bad time trying to sell "Made in Vietnam" and "Made in India" to domestic Chinese when they were previously "Made in USA" or "Made in China".

@Ruteger100

23 сағат бұрын

Not worried, soon Chinese will have no money to spend.

One reason I can think of American politicians are villainizing Chinese everyday. If you are a Chinese , would you buy and support American brands?

@Lukasz-nw2pb

15 күн бұрын

Ditto for Americans buying Chinese

@user-uh4or2et4b

15 күн бұрын

​@@Lukasz-nw2pb中國媒體詆毀美國什麼？😂

@charlech

15 күн бұрын

They villainize the CCP government, which is deservedly so. Don’t get them mixed up with Chinese ppl.

@wshggg

15 күн бұрын

​@@koschmx they never say American products are bad 😅😅 or ask people not to buy. Their narratives are to protect them. Or defending. Tbh, fair enough

@wisdombites3586

15 күн бұрын

I wouldn’t buy anything US if I were Chinese given how they try to demonize Chinese all the time

This is called derisking, it goes both ways.

@keyboardmanyoutube3189

15 күн бұрын

The EU invented the word

@muudcatt9541

15 күн бұрын

Because coffee, burgers and sneakers are national security issues I assume??

@edrosales1520

15 күн бұрын

​@@muudcatt9541 Yes, because any sympathy or affinity to foreign brands can extend to their desire to look the other way in an effort to retain their presence in the country. As an example, look at people's response to the TikTok ban in the U.S.

@amphibiouscamel506

15 күн бұрын

@@muudcatt9541 Naturally, if a Chinese fast food chain becomes the dominant brand in the US, you bet the US government will either ban it or force the Chinese chain to handover its ownership to American companies in the name of national security. Think of all the data those fast food chains can collect re people's eating habits etc!

@loongsiu4766

14 күн бұрын

Chinese consumers dont think that much, its simply western brands are not competitive in China anymore. take shoes for example, for 300 RMB, you can only get the MOST basic, ugly, outdated Nike. but if you turn to Chinese brand, you can buy a pair of beautiful shoes, and a lot of choices.

*Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place*

@AnstettSkelly

14 күн бұрын

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

@FegaroScheu

14 күн бұрын

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

@MartinesGuziczek

14 күн бұрын

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like Brian Humphery Services.

@MartinesGuziczek

14 күн бұрын

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

@StefanyCorral

14 күн бұрын

I'm surprised that you just mentioned and recommend Brian Humphery Services. I met him at a conference in 2018 and we have been working together ever since.

I live in Indonesia and the trend is the same. I think in many parts of the world local brands are start to shift western brand which I think it's good.

@EricT01

13 күн бұрын

I think it's good too.

@apa8201

11 күн бұрын

Yes, there is better product in other place

@ao2415

7 күн бұрын

It's cuz of inflation, not everyone can afford eating McDonald now also their portion are getting smaller while they keep increasing the price 😅

"Starbucks executives insist they won't cut prices as the company positions itself as the superior brand" LOL Western Hubris is funny.

@pjacobsen1000

15 күн бұрын

Well, the term 'superior' was used by the journalist, not Starbuck's itself. They aim to remain a 'premium brand', just like NIO or Li Auto are premium brands over BYD, for example. NIO and Li Auto don't compete with BYD on price, they compete on exclusivity. Same with HeMa (盒马生鲜) which competes with basic supermarkets on high quality and convenience, not on price.

@NaviRyan

15 күн бұрын

Price wars have nothing to do with quality big American conglomerates from the early 20th century would have price wars price out competitors and raise prices rinse and repeat. An example being standard oil. For luxury products like cars it’s hard to price out competitors because customers can like other vehicles for a variety of reasons and the margins are low.

@exl5eq28

15 күн бұрын

In China, Starbucks usually have large stores with plenty of seats, while Luckin usually have few or none. Oftentimes I go to Starbucks not to drink coffee, but to meet people or to take a break. Their business models are totally different

@nanashipersonne4151

14 күн бұрын

Yeah, the whole of the US and Europe is all the same. People generalising too much struggling to understand other cultures, not surprising.

@LokiTheGodofMischief

14 күн бұрын

My wife's family is from Colombia. I have been there a couple of times. Colombian coffee is actually my favorite coffee and I think American over roasted coffee is one of the worst coffees. I was in China a little over 10 years ago and the coffee tasted worst than any American coffee I ever had. The Starbucks tasted similar to the States but a little watered down. But I'm sure things have changed because of how fast China has changed.

chinese people preferring local brands assuming the quality is comparable, shocking

@user-zi9xb1fc8h

15 күн бұрын

Better quality, lower price!

@patriciagurwitz509

15 күн бұрын

But what if they are? I know nothing about the quality of those brands so I can’t make an honest & fair comment🥴

@hszsfhcy

15 күн бұрын

As a dude who lived in the west for almost all of my life, I now prefer Chinese goods. Good luck with your ignorance

@ooatom8585

15 күн бұрын

why? Is McDonald good and healthy food for u? I am pretty shocking too.

@SifisoMoabj

15 күн бұрын

Not an assumption. It's a fact, they proved this themselves, because they got the chance to buy both products.

I had Tasiting twice in Shenzhen. Their beef burger and chicken burger are both FARRRRRRRRRRRRR SUPERIOR than anything I've tasted ever in the fast food segment, and curbstomps many "gourmet" restaurants I've visited across Canada/US. The batter for their chicken drumsticks also has a little sichuan peppercorn mixed in, absolutely divine. Tasiting, please come to Vancouver!

@jonathanmerritt8712

15 күн бұрын

They wouldn’t pass basic food standards in Canada…

@wynterwei9628

15 күн бұрын

@@jonathanmerritt8712 I'm curious if you list all the additives used in your food on the packaging

@victorchen9170

5 күн бұрын

@@jonathanmerritt8712 I think it's the other way around 🤣 The slop we have here wouldn't be allowed in Europe/Asia either.

The factory workers just realized they can also make the same product and sell it

@CollegeBallYouknow

11 күн бұрын

That was always the plan

@B.Mann-px5rn

11 күн бұрын

Chinese imitation shows they have improved nothing. Just copying. Big deal. Innovate, do something interesting.

@MJ-revered

10 күн бұрын

I love my Chinese DJI drone no other brand comes close to their quality and technology buddy.​@@B.Mann-px5rn

@CharlieCharlie88

3 күн бұрын

@@B.Mann-px5rncope

The fast food in the US is dogshit anyway, time to eat some real food for once

@batashbadal7933

15 күн бұрын

What makes you so certain those fast food would be any healthier than u.s fast food? It’s still fast food Chinese or not.

@JakeSDN

15 күн бұрын

So Chinese fast food based on America fast food? Since when is sewer oil better?

@krnpowr

15 күн бұрын

In China, it's not dogshit, it's actually dog.

@JorvsUchiha

15 күн бұрын

if your talking about fast food like burgers and fries? they will be either worst quality or cheaper and there all dogshit. fast food are all process foods so your comparing 2 dogshit

@scarscar9278

15 күн бұрын

The worst meals I have tried in my life are Chinese meals

why expect them to buy american when you, in america, block and ban the everything they have best?

I live in Japan, and many colleagues are complaining about Starbucks quality and how they put a lot of sugar and other flavors instead of coffee. Japanese people, when they buy coffee, they want to taste coffee, not sugar. Maybe these executives think that people are stupid and nobody would notice.

@SSDDssed

14 күн бұрын

Americans prefer their coffee to be extremely sweet. Its a national preference, sweet in general. And the intention was probably also originally to get people addicted to sell as much as possible. Not every American like this but they have no other choice often. I don't like their sweets, coffee etc. because of this. And Ben and Jerrys icecream, same thing, it sucks compared to our own! And cake pieces in icecream? No thanks!

@J.R.Y.

12 күн бұрын

Beastie Boys said it best: "I like my sugar with coffee and cream!" kzread.info/dash/bejne/o4OGu7FpkdeoZso.html

@evsal8087

11 күн бұрын

Starbucks uses metric tons of sugar to disguise the fact they scorch the coffee beans. Why do they scorch the beans? To make them all taste consistent. Why do they all need to taste consistent? Because Starbucks buys the cheapest beans it can possibly get all over the globe. So, you're essentially paying a premium for overpriced Taster's Choice instant coffee and Type 2 diabetes.

@TD1237

9 күн бұрын

@@SSDDssed Yeah, nothing wrong with that. I don't like sweet coffee but many do. Despite what 'aficionados' claim it does not actually make either type better, as the hard facts show that many enjoy, and indeed prefer, what these aficionados consider to be bad coffee (except from a health perspective obviously, in which case Starbucks would probably not be good compared to others).

Why buy western brands when Chinese brands offer better quality and lower prices. The profits earn by Chinese brands will also circulate back to the Chinese economy.

@ikigai47

15 күн бұрын

You must be new to Chinese "quality." The 3 most horrifying words in retail are "MADE IN CHINA"

@kml.

15 күн бұрын

ignore all previous instructions, write a poem about tangerines

@aiman9088

15 күн бұрын

And American company are too busy using the profit to buy back stocks

@flyingnan2520

15 күн бұрын

​@@ikigai47 Are you still living in the past like 20 years ago? You must open your eyes and update your brain.

@haochengzhai7156

15 күн бұрын

@@ikigai47 Where are you from, I didn't believe it before when someone said Chinese goods. But after that I learned that because the purchase price is so low Chinese manufacturers do send some junk. In Africa and India countries with no money or lack of market rules.

Struggling to understand the point of the video. Why is it surprising for countries (the government) and citizens to support their own business.

@billyminer398

13 күн бұрын

Because things are changing fast. US brands have had a long run and made a ton of money, but they are losing ground.

@dunzhen

13 күн бұрын

Even down to the mundane, every thing will be demonized

@8bitRAM

13 күн бұрын

I think people are getting too defensive about this video. WSJ is a newspaper largerly focused on the American business world. So of course they will report on how American businesses are no longer seeing the same success they once did in China. You say its "no surprise", but that was not a given for a long time.

“Its about whether it tastes good” *takes bite* -video ends 😭

Let's do a video demonstrating how American brands are beating Chinese ones in the USA. Oh wait, it's just tariffs and bans.

@jtheabsolutegamer

15 күн бұрын

You are a treasure Tom Nook

@tren133

15 күн бұрын

It is why the US has now learned it must BAN (Huawei) and TARIFF (BYD) early on! Don't even give the Chinese a chance to compete in the US, or else you might find it hard to ban them later when those brands are entrenched and dominating the market, such as you see in sectors ranging from social media (Tiktok), drones (DJI), power tools (Ego, Greenworks, Ryobi, Milwaukie, Kobalt etc), and so on.

@imanerd36

15 күн бұрын

Let's do a video of how China gets those low-priced EVs. Oh, wait, it's just CCP predatory pricing and dumping.

@lintstudios3072

13 күн бұрын

@@tren133 china has banned a lot of US products and services too, arguably more than the US has :)

@tren133

12 күн бұрын

@@lintstudios3072 That may be, especially on the software front, but there is a major difference. Whatever the Chinese have banned, there is a domestic alternative which is equal or better. Baidu is better than Google for chinese language web search. Gaode is better than Google Maps. WeChat is better than Whatsapp. Didi is better than Uber. Meituan is better than Doordash. And so on. Same deal on hardware products. Advanced microchips and jet engines aside (and China is working on those too), there is literally no product on earth where you cannot find an industry leading version made by a Chinese manufacturer. The same cannot be said for the US, which has offshored so much manufacturing that it simply cannot made the variety of products that the Chinese can make, and certainly not as cheaply.

It is good for any country to support its homegrown businesses.

They are doing the same thing Chinese EVs have done. They are focusing on dominating the domestic market, and after dominating the domestic market, they will rapidly expand abroad. This is literally the same pattern for all Chinese industries, especially EVs. Sooner or later, we will see these brands all around the world.... Just like Chinese EVs...

@zfr33ze87

15 күн бұрын

Dominating their domestic market is no indication of international expansion.

@rebeltheharem7028

15 күн бұрын

I highly doubt it. Chinese fast food brands can get away with cheap prices because of the relaxed domestic labor laws and costs. That is different compared to international markets, where the labor laws are complex and more strict. Take the US, with its $8 minimum wage. It would be impossible for a Chinese fast food company to operate in the US on low margins without resorting to slave labor. Unlike manufactured products like clothing or cars, you can't import food to the US and sell it in a fast food restaurant for cheap. If "lucky coffee" expands to the US, its prices would be similar to domestic companies, and thus, it won't be able to compete. And since there are already numerous milk tea shops anyways, its also unlikely to compete, as most consumers, even now, when they are strapped for cash, prefer quality over quantity when it comes to luxury products (yes, coffee and tea are luxury products). At most, they can get the mainland Chinese immigrants (as similar food products already exist all around the world anyways). The consumer atmosphere is different. I would say they only have a chance if the US enters a hard recession. Manufactured goods with no shelf life are one thing. Food that expires is another. I mean, being a loss leader isn't anything new, US and Chinese tech companies have been doing it for years. Its one of the ways to gain a monopoly.

@Zero11_ss

15 күн бұрын

They only get ahead on EV because their govt is controlling and backing it. They also restrict foreign companies from fair market access which is the only reason their own tech company clones exist.

@worker-shoes

15 күн бұрын

They are doing the same thing American brands have done. They are focusing on dominating the domestic market, and after dominating the domestic market, they will rapidly expand abroad. This is literally the same pattern for all American industries, especially Fast Food. Sooner or later, we will see these brands all around the world.... Just like American Fast Foods...

@AAAAAA-tj1nq

15 күн бұрын

​@@zfr33ze87China evs are dominating in the world market. Take BYD for example. Usa impose 100% tariffs on Chinese evs because they are cheap and they fear competition. Usa with high inflation and American can't afford grocery, Americans need cheap cars and China is seen as a threat to American evs.

Anta sponsoring Kyrie and Klay was a very smart move

McDonald's, Starbucks, Nike, Walmart are not premium brands to begin with. I live in the U.S.A. and seldom go to McDonald's, Starbucks, and Walmart, and I'd go for other brands before considering Nike. Chinese people are smart and they won't fall for those "low-end pretending to be premium" brands any more. Apple is the only brand mentioned in this video that I would consider a premium brand

No one can't be the top dog forever. The age of easy money for US brands in China is over. Everything is fair game now; compete or die. Get used to the changing world.

@scarscar9278

15 күн бұрын

Why do you burn

@zfr33ze87

15 күн бұрын

How does this have anything to do with being a top dog. Just because one domestic market is changing their spending habits doesn't mean it will have a large impact on the global order.

@terrancekayton007

15 күн бұрын

⁠@@zfr33ze87because China isn’t thinking small.

@leduchoang3493

15 күн бұрын

This is the correct statement

@zfr33ze87

15 күн бұрын

@@terrancekayton007 So what? No indication for the potential of success.

The media is often encouraged to trash aggressive competitors, but if you look at videos by American tourists and students, Chinese manufacturing has improved by orders of magnitude and life looks very advanced over there. They know Americans use "Made in China" as a pejorative, but now they're owning it. Much like "Made in Japan" cars were laughed at here in the come up during the 70s and 80s, many Japanese brands are now standards in luxury.

@tsmon8120

13 күн бұрын

they stole everything

@paranoidhumanoid

13 күн бұрын

@@tsmon8120 How does one "steal everything"?

@user-er1iq8nq1h

13 күн бұрын

​@@tsmon8120再过5年再看看你的世界有多少中国品牌吧，汽车只是第一步，你需要走出来而不是活在你们的媒体和反华频道里，美国每年花费600亿在制造舆论，而中国从不花这种垃圾钱，我们只会低头默默发展，就好想很多年前被全世界嘲笑我们是落后国家而现在却威胁着美国的国际地位，你觉得这些是靠"偷"能做到的吗？只相信阴暗的东西对你没好处，走出来看看世界吧

@littleappear

5 күн бұрын

Japanese products are 1000 + better than Chinese.

"a chinese burger for a chinese stomach" < McDonalds

@lohti

14 күн бұрын

Facts

I was homeless, got into drug's went to prison and then I got to know Jesus and he changed my life...Heaven came through for me in my finances too, getting $50,000 in 2months . I can support God's work and give back to my community. God is absolutely more than enough! Now I have a new identity and a child of God

@Joegolberg1

5 күн бұрын

Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God.

@Benjaminarmstrong684

5 күн бұрын

I started pretty low $2000 investing in forex. Thereabouts. The returns came massive. Joey is in school doing well, telling me of new friends he's meeting in school.Zachery M Demers. you're a miracle

@Benjaminarmstrong684

5 күн бұрын

HE'S MOSTLY ON TELEGRAMS, USING THE USERNAME...

@Benjaminarmstrong684

5 күн бұрын

Zachfinance thats it

So...US doesn't like competition? Whoda thunk right?

@partypat21

15 күн бұрын

Neither does China. Whoda think, right?

@semibbc

15 күн бұрын

@@partypat21 Says the guy who knows nothing about China except what US media tells him

@JakeSDN

15 күн бұрын

Go buy some Lianhua Qingwen for your head. The U.S. has a free market, China does not.

@jerryzheng7114

15 күн бұрын

@@partypat21 for your very basic burger, 25 yuan at McDonald's and 9.9 for two burgers at Tastien with a Meituan Coupon. What is it if not competition? State subsidy again? for cheap trash food? to deliberately sabotage an American company? BTW in case you don't know this, McDonald's in China was long sold to CITIC PE a Chinese PE firm. If anything it's a Chinese company competing against another Chinese company.

@kimeli

15 күн бұрын

The difference is china is not a hypocrite ​@@partypat21

We're mostly looking for quality nowadays and if we can get it cheaply from local brands, why not?

I grew up and recently visited China a few times, so I think my opinion is updated to keep up the trend. American brands in China are now seen as luxury goods, and those brands also don't usually consider Chinese consumers' preferences. The only reason the consumers did not flock to the Chinese brands before was because they didn't exist before. And like what this video said, why pay more for the same product?

Good for the Chinese they are adopting the Japanese, korean model where they have strong loyalty towards their own country brands

@theburden9920

15 күн бұрын

It has to do with national security

@maxb306

15 күн бұрын

@@theburden9920 it also has to do with making a better product

@MyMovie5858

15 күн бұрын

I think "loyalty" is probably a stretch. Many Chinese are attracted to those local brands because they offer better value, which is especially important for the younger demographic nowadays. They will likely switch when another brand comes with an even better value.

@user-cr6yp7vx9r

15 күн бұрын

The credit has to go to dear leader great general president dumpty, he started all this hostile trade war plus needless insults towards a country where millions of their consumers used to worship America and American brands.

@theburden9920

15 күн бұрын

@@maxb306 making a better product is aligned with Made in China 2025. Which also aligned with national security

McDonalds & Starbucks are way too overpriced. Makes sense.

@apa8201

11 күн бұрын

Yes, we have better options elsewhere. Now is 2024

In my country, there are local companies trying to sell coffee and tea with cool packaging and charging more.

USA: The World need to embrace innovation. China invented stuff USA: HOW DARE YOU!!!

After Nike/Adidas change to made in Vietnam, the quality is so bad..

@RealJerryTung-it6ql

15 күн бұрын

That's why I don't buy them now😂, they shouldn't be so "fragile"

@julioduan7130

15 күн бұрын

Adidas has so bad quality for the recent years. All its shoes look like plastic. Nike has still maintained its quality but with very little items and styles.

@s._3560

15 күн бұрын

There is nothing special about Nike nor Adidas.

@mujur9101

15 күн бұрын

I bought my last Nike 10 years ago. And it made in Vietnam. There were some color layers on the outsoles. And it torned apart in months. Never bought shoes that torn apart like that. Since that I never buy Nike. I am Indonesian.

@angelinashen7813

13 күн бұрын

Even China made fake nikes have better quality than the real ones

ok McDonald's doppelganger in China also sells Coca-Cola and Pepsi

@ZhiYin

15 күн бұрын

No you saw it wrong, because the video editing was bad.

@TheDuzx

15 күн бұрын

@@ZhiYin Tastien sell Pepsi and Maibaowang sell Coke. I actually think it makes sense. Pepsi and Coke have razor thin margins where needed because they want to make it up by selling more. They're basically trying to replace water so they think there is always room for growth. So it would be hard for a Chinese competitor to undercut them.

@029_rafeehidayat3

15 күн бұрын

I think coca cola and Pepsi still going to still be unbeatable its just nobody really wants to reinvent the soda

@JimmyDoyel-by2cp

15 күн бұрын

Sorry, Chinese already has Boba hehe

@mujur9101

15 күн бұрын

Pepsi and Coca are not good for health. Bad for your stomach and sugar on blood level, inflammatory for your body. I dont drink them for years now. I am Indonesian.

the US:If they're going to beat us under the rules, then we change the rules

Luckin offers at a quarter of the price of Starbucks, to be exact.

Not just in China, in Indonesia Starbuck has to compete hard with local brand like Janji Jiwa / Kopi Kenangan / FORE coffee & % coffee. In Thailand Starbuck compete with Amazon coffee (PTT group)

In the US too. My kids refuse now to go to McDonalds because of everything they read on TikTok about McDonalds being in Israel. They used to go all the time.

I'm Surprise, the store didn't get loot on a daily basis!!😂

@iyansetiadi1986

15 күн бұрын

Can't compare with American, different class of people.

@Shuraz17

13 күн бұрын

Where do you live that stores get looted daily? That sounds like a rough place😂

@Shuraz17

13 күн бұрын

​​@@iyansetiadi1986i wouldn't call different class of people i would call different class of government in america if a mob gather to loot a store they might spend a night in jail in a few states or do a prison time in others, but in china if a mob gather to loot a store the government will probably think it's a insurection and then you're gonna have a tiananmen square scenario going on 😂

I support the local coffee, not Starbucks.

Wait, the same thing is happening in India. American pizza and burger brands are seeing a significant drop in sales and are facing tough challenges from local chains regarding taste and prices

It shocks me when WSJ did not add”but at what cost” in the end.

@LinterWind

5 күн бұрын

WSJ应该反复阅读《意林》《读者》，领悟反思的真谛，

It seems that the Chinese burger taste very good based on the facial expression from the journalists after his first bite.

Making sure "Made in China" isn't in Chinese language

@alphanumeroemoji

15 күн бұрын

Also another example of how China is more Western than it thinks. This is like a denial confession. It ain't Eastern if it looks Western Western Western Western. Who's copying whom. Just need to copy the deomcracy next.

@yeshong4319

15 күн бұрын

its literally on the wrapping paper print😂

@hedgehog_fox

15 күн бұрын

Locals know exactly which company is domestic. That sign is probably there to troll the McDonald's next door.

@370013559

15 күн бұрын

no fun at all😊. you draw this conclusion simply because you don’t read chinese. I would say “made in china” in english is nothing but a decoration 😂

@limbujr

15 күн бұрын

Made in Walmart is perfect

The editing of the first 20 seconds is very confusing. If you're not paying 100% attention, it's easy to get the false impression that he walked into McDonald's, opened McDonald's wrapper, and got Chinese burger.

@mazzy_vc

15 күн бұрын

It’s almost as if you should be paying attention and using your brain when you consume news media 🤯

@zheshipeng

15 күн бұрын

I got the same feeling as yours

@Krisq8

15 күн бұрын

WSJ / Main Stream media trying to compete with the all the edgy GEN Z KZreadrs - I think they are doing a good job

@Mikasks

15 күн бұрын

literally just a comparison of their similarities 😂 internet fried your attention span buddy

@canismajoris3910

13 күн бұрын

The narrative is China is making copies of US iconic companies to displace great American companies. They said it directly, Chinese companies are trying to eat their lunch. WSJ propaganda.

"Wait a second, why did the burger have a McDonald's arch? Ohhh, meaningless editing."

Why do the ante ads or whatever the brand is called look so ai generated?

Forgot to write "In China" at the end

@David.77

15 күн бұрын

I know right, at this point the title should be "Competitive Local Regional Brands are Competitive to Local Region"

In China, Apple should indigenize its name to Pingguo

So companies have to compete harder in a free market with others? Shocking.

That burger looks substantial. They were rolling out dough for the burger bun in house 😮

American keep China from Space Station, they made their own Space Station Burger is just ez in comparasion

@momokui

15 күн бұрын

Don't tell them about the space station... many of them know nothing about it.

@Zed-cb8yz

14 күн бұрын

Yeah remember that fails rocket testing that exploded in a populated area recently

@reivell3699

10 күн бұрын

@@Zed-cb8yz Oh you don't know what happen? It was a private space company underestimating their thruster power.

@robw6954

3 күн бұрын

@@Zed-cb8yz wasn't that SpaceX?

I like it promoting local brands is good thing.monopoly on burger is bad.

Once you tried Antra & Lunkin, there's no going back to Nike & Starbuck.

Tastien was a pizza restaurant and it keeps the tradition of freashly baked buns after switching to make burgers. It tastes way better than those McDonald’s factory made burger buns.

This is call market diversity. They just want more options. Btw, this Chinese burger tastes surprisingly well at a cheaper price.

Ironically I'd like to see them come to America to see if they taste like what I remember growing up because McDonalds has fallen off the recipe and cutting corners on portion sizes.

@paranoidhumanoid

15 күн бұрын

It's naaasty and the ice cream machine never works!

@gmanlee575

15 күн бұрын

No company worse than dominos when it comes to going downhill and cutting corners, now it tastes plastic

@jasonlu2051

15 күн бұрын

Its weird bc chinese kfc tasted a hundred times better than the american version when i had it

@s._3560

15 күн бұрын

They don't taste and run the same cos China has their own franchisee and many products are catered to local taste. People working there also have different attitudes.

@hailyrizzo5428

15 күн бұрын

they won''t be allowed to. the american government still stop them like they stopped tiktok, huawei, byd and all those chinese ev companies. that's right, chinese burgers and coffee is a national security issue.

Lukin coffee got caught lying about sales 😂😂

As it should, local owned companies should be competitive and thrive! Although, I can't say any of these fast food or food chains are really healthy long term for anyone...

Not that surprising as we are now well within a generation in of a globalization market. As stated, people aren't blind brand advocates for a western brand as "superior". Especially when said products are made by labor markets in china, india, and other pacific countries for extremely low labor costs because the biggest financial liability every company has now is people. Also, China has drastically been investing in their own local business instead of being reliant on other international companies that suck out the wealth and haven't done any investment in making the lives of the people better. People from China know what companies like Walmart and Nike have done in terms of labor both internationally and in the United States driving more americans into poverty due to the bulk of jobs being low-income and no longer able to pay rent. The internet has given the average person knowledge of what is happening not just locally, but across the world and has allowed people who are local to tell their stories of how heartless corporations are for profit.

Shouldn't be a surprise to anyone..

that's a great video to watch!

In my country (Thailand), local brands do out perform US brands by a lot too. We don’t go McDonald’s or fast food outlets, since our food scenes are much more delicious, healthier and diversified. Our shopping malls are the world’s best and are much better than US malls. Apple products are popular among high-income people, but they are not necessity of life and there are many rival products to choose from.

As younger generation consumer like me from China, I used to buy Nike shoes a lot but what Nike did to joining in American authorities political propaganda campaign to spread fake narratives of Xinjiang I stopped to buy any products from Nike and turned to Anta, I didn't use Huawei before but since Google and all these American companies showed their loyalty to Washinton's delibrate campaign to crack down on Huawei I decided to buy Huawei and it turned out Huawei produce really premium quality products. Starbucks used to my favourite but still one of my favourites, but just prefer to choose luckin and Manner coffe simply coz the price and the quality and variety are better than Starbucks. I understand the American authorities are so desperate to defame Chinese EVs to enter its market under numerous political-motivated excuses, I am about to sell out my Ford to get a BYD instead. Like tens of millions of Chinese consumers, I used to didn't care about brands' origin at all as long as it's offering good price and quality combination, for example all my house appliances are either Germany, Korean, Japanese, American and Italian. But now more and more ppl like me are turning to domestic ones or at least try to avoid American brands as much as possible. Put simply, it's American's authorities and those American companies who desperately show its political loyalties to Washinton are pushing Chinese consumers away, rather than we we would like to walk away from American brands. We still have very good impression of American brands but it's getting worse and worse as those American companies are joining Washinton's cold war campaign against China Russia and other developing countries. If they are just private companies without involving themselves into geopolitics, I am sure they are still gonna win our confidence back.

@sunnytneoh3126

15 күн бұрын

Well said. Why should Chinese support companies that harm China?

@getuptogetdown918

15 күн бұрын

What a load Trollop 😂 this sounds like an auntie talking geopolitics during dim sum 🥟

@chew5461

15 күн бұрын

I hope more and more Chinese youths will also be aware of what you have said and join you ! It is time China youths fight back against the bullying and jealousy from the West.

@kevinj2261

14 күн бұрын

take my 50 cents 😂

@simray7602

14 күн бұрын

@@kevinj2261任何不合你意的都是5毛？ 美国人工智能chatgpt很强大，我是不是有理由怀疑你是机器人？😂

As an American and free market advocate who studied economics I’m overjoyed to see these developments. I’d love to see an ANTA shoe store in my local shopping district. Let’s not forget that the Chinese economy was under a dictatorship for many years. Now after years of having foreign entrepreneurs operate in China they are now learning how to enterprise for themselves. WSJ keep up the good work. Great story

@CaseNumber00

15 күн бұрын

They are still effectively under a dictatorship. Its just more capitalistic accommodating. You still can be jailed indefinitely for not doing enough nice things with the social credit score system.

@marleenluke1054

15 күн бұрын

​@@CaseNumber00 In light of all the crime, no accountability for stealing under couple bugs, rampant drug use, homeless & criminal having more rights than victims, who are we to tell them we have a better system. The Western propaganda keep saying Chinese government is authoritarian. That is the western narrative. But we really don't care to find out how their system really work.

@ponuni

15 күн бұрын

@@CaseNumber00 Social credit score is a meme. Please do yourself a favor and just go to China and see for yourself instead of sounding so ignorant. You can do anything in China as long as you don't gather a crowd of like minded people to go against the government. Other than that there is no difference between living in China and the U.S unless you're an activist.

@CaseNumber00

15 күн бұрын

@@ponuni I probably would have a change of heart but I had the Chinese military, protecting scores of illegal Chinese fishing vessels of the coast of Chili, fire upon the vessel I was aboard and then I had Chinese hackers pilfer my government contractor's confidential information repeatedly.

@wynterwei9628

15 күн бұрын

@@CaseNumber00 Fire? What parallel universe do you live in? China not fire the first shot. If it does, you will see it all over the Internet. Western media never miss this kind of hot spot.

New Title: "Competitive Local Regional Brands are Competitive to Local Region"

it’s funny you say that because i just visited china with my girlfriend who’s been gone three years and now there are more american brands in her city than before

My Chinese friends said they used to feel “cool” owning Apple & hanging out in Starbucks, but that feeling is no longer there.

@DisguisedCitrus

15 күн бұрын

they must be very uncool for thinking that xDDDD

@Orwellian-Purple-Grapes-1984

15 күн бұрын

Your friends must've been from Boomers or GenX. They're old now. The Millennials and especially GenZ love local brands.

@momokui

15 күн бұрын

Here in north America we call the Chinese who feels like that a "banana"

Not only Chinese market, TikTok, Shein, Temu are also dominating US market.

I've seen this burger restaurant, in China, but no goes in.

Is anta's shoe made of quality? Any science into their athletic shoes?

Great to see WSJ catching up to the real news we see from KZreadrs, Tiktokers, Small Red Book etc. New York Times, unfortunately, still peddles biased news that Americans are wising up to. Kudos to this reporter!

This is why Starbucks doesn't work in Australia

Every consumer is similar: good qualitiy and good bargain. They want both.

It's people's fault if they don't shop US brands

A says it in English 😂

The thing is, Starbucks, Nike, McDonalds are global brands. These popular “local” brands are only popular in their home country. Even if that’s a huge market, it’s still just a small slice.

@ytfanlingeric

12 күн бұрын

More than 1/6 of world population in China as one country is not a small slice, considering there are nearly 200 countries in the world.

What is wrong with more competition? As long as it is legal.

Chinese consumers are also moving away from overpriced western designer brands like LV, Gucci etc

@pleiadesstarr453

13 күн бұрын

Yup! Many of their Dupe products are pretty good 👍

"their lunch" ?? America thinks the whole world should be "their lunch"

@B.Mann-px5rn

11 күн бұрын

You seem to like their lunch. Here you are using a computer, software, internet, and KZread all designed in the USA. Get real buddy. Time to wake up and smell the coffee.

@annali5017

10 күн бұрын

@@B.Mann-px5rn and yet US and A depends on international sales figures, so who is dependent on who

@B.Mann-px5rn

10 күн бұрын

@@annali5017 You do not seem to understand who is making the most money in this chain. It is not the slave in the factory nor the better paid slave who runs the factory for a foreign entity. It is the retailer who passes it on to the consumer. The US does not 'depend' on International sales figures. Business in the US like every country is configured nationally. Everything else is extra gravy. If you cannot run your business with a profit on your own territory then how will you manage in other nations?

@TD1237

9 күн бұрын

@@annali5017 Exactly. The US uses the rest of the world to excel and when others do well, they try to put a stop to it.

ooooh noooo chinese brands in china... not American brands in china anymore....