What's new

China-UK (Britain) Geopolitics and Economics: News & Discussions

Britons are already driving cars made in Chinese-owned factories
The number of MGs sold in UK is like 7 per month; it is a total disaster for SAIC. Tata sells boat roads of Jaguars and Land Rovers in Britain by comparison.

MG 6 - Wikipedia, the free encyclopedia

Seven months after its introduction, the MG 6 was selling in very small numbers in the UK. After sales of only 15 units in October 2011, no more than seven registrations for the MG brand as a whole were recorded in November (of which three were presumably TF roadsters).[17][18] Some cited lack of advertising and low perceived quality as problematic, while the absence of a diesel and an estate option were also mooted.[18][16] However, in December, car rental company Avis UK Ltd announced that it would be running 100 MG6 GT and Magnette in its rental fleet and took delivery of these cars. [19][20]

may soon be riding high-speed trains built with Chinese money
But not Chinese bullet trains. The tracks themselves will be constructed by British construction companies. Aside from legal problems with Kawasaki who provided a China-only license for CRH380, CRH380 cannot meet European rail safety and crash standard. Japanese too have this problem and the Hitachi A-train sold to UK as Javelin train is 50% heavier than the Japanese model and suffers from a high speed stability problem on legacy tracks, because Hitachi has nowhere to test them in Japan since the axle of train sets exceed Japanese legal limit.

So while Chinese are welcome to invest in HS2, they are not permitted to bid on HS2 rail equipment.
 
.
The number of MGs sold in UK is like 7 per month; it is a total disaster for SAIC. Tata sells boat roads of Jaguars and Land Rovers in Britain by comparison.

MG 6 - Wikipedia, the free encyclopedia




But not Chinese bullet trains. The tracks themselves will be constructed by British construction companies. Aside from legal problems with Kawasaki who provided a China-only license for CRH380, CRH380 cannot meet European rail safety and crash standard. Japanese too have this problem and the Hitachi A-train sold to UK as Javelin train is 50% heavier than the Japanese model and suffers from a high speed stability problem on legacy tracks, because Hitachi has nowhere to test them in Japan since the axle of train sets exceed Japanese legal limit.

So while Chinese are welcome to invest in HS2, they are not permitted to bid on HS2 rail equipment.


SAIC has more revenue in one month than the combined Tata Motors has all year. Your idiocy really should be banned. When Hyundai entered the US market, nobody non-African American and non-Korean touched it for 15 years.
 
.
SAIC has more revenue in one month than the combined Tata Motors has all year.
99.9999% of SAIC's revenues come from China's domestic market. Not so with Tata.

When Hyundai entered the US market, nobody non-African American and non-Korean touched it for 15 years.
Sorry to prove you wrong again.

The Little Yugo's Giant Slump - NYTimes.com

Undoubtedly, the rising tide of low-priced mini-cars imported from the Far East, which began in 1986, cut deeply into Yugo's sales. South Korea's Hyundai Excel, which sold more than 200,000 cars in 1986, cost only $1,500 more than the Yugo and received top ratings from Consumer Reports.
Hyundai Excel took the US market by storm at launch back in 1986 and still holds the record for the most imported car model for single year in the US to this day. It was only when consumers found out about Excel's poor reliability that the sales crashed, and it took Hyundai 10 years soul searching and tens of billions of dollars spent on quality improvement programs by a quality obsessed CEO that Hyundai was able to turn around.

As of 2012, Hyundai has the highest customer retention rate of all auto-brands in the US.

Hyundai tops J.D. Power's Customer Retention Study

2012 Brand Retention Rates
Hyundai 64%
Ford 60%
Honda 60%
BMW 59%
Kia 59%
Toyota 58%
Chevrolet 57%
Mercedes-Benz 57%
Lexus 54%
Cadillac 52%
Jeep 51%
Nissan 50%
MINI 49%
Ram 49%
Industry Average 49%
Subaru 48%
Land Rover 47%
Volkswagen 47%
GMC 46%
Infiniti 46%
Acura 45%
Audi 45%
Porsche 42%
Lincoln 40%
Buick 38%
Mazda 34%
Mitsubishi 33%
Jaguar 31%
Volvo 30%
Chrysler 26%
Scion 24%
Dodge 21%
Suzuki 20%
SAAB 7%
 
.
China is a very late comer to the car making industry,now it is already the biggest car maker and car market in the world,and Chinese companies are buying up world renowned top brand car making companies,it is only a matter of time till China dominates the world car making industry.
 
.
now it is already the biggest car maker and car market in the world
Foreign brands control 73% of China's domestic auto market, and the share of Chinese auto brands are dropping.

Chinese companies are buying up world renowned top brand car making companies
Such as?

it is only a matter of time till China dominates the world car making industry.
If you don't understand why Chinese brand cars are getting killed by foreign brand cars in China, then you will not understand why Chinese automakers will make a visible presence in the US and Europe.

Chinese can compete ultra-low cost markets in Africa and Latin America where foreign brands don't want to compete, but that's about it.
 
. .
China is very late comer in the car making industry,now it is just a start.but it's coming really fast,just like other industries in China.

Chinese manufacturer Geely coming to UK

Geely will sell its first model, the Octavia-sized Emgrand EC7 for around £10,000 from late next year
Chinese manufacturer Geely coming to UK
By Luke Madden
07th December 2011
Chinese car maker Geely, which owns Volvo, is coming to the UK car market with its first models expected to go on sale in 2012.

Chinese manufacturer Geely has confirmed it will import its first models to the UK starting at the end of 2012.

The first model to go on sale here will be the Emgrand EC7 – an Octavia-sized model – and it will be available both as a hatchback and a saloon. Unlike other Chinese models that have had disastrous crash test results, the EC7 scored a respectable four stars in the Euro NCAP test.

Buyers can choose between 1.5 and 1.8-litre petrol engines and the range will kick off from around £10,000. Included in the price is a five-year/100,000 mile warranty.

When the Emgrand EC7 does go on sale in the UK, it will be sold through 30 to 40 dealers. Geely is planning to release a new model nearly every year for the following four or five years.
 
.
20101113_ldp001.jpg


China Is Steadily Buying Up The US Auto Industry
Wolf Richter|December 29, 2011|
Though practically every car sold in the U.S. today contains Chinese-made components, the announcement that a few Chinese-made cars would arrive in Canada raised a lot of eyebrows. It would be a Honda Fit assembled in the same plant where the European version, the Jazz, has been built for years.

China's automotive market, with new vehicle sales in the 18-million-unit range in 2011, has leapfrogged the U.S. market with its 12 million units. Some analysts estimate that sales will reach 28 million units in 2017 (highly optimistic if the China bubble blows up before then), and no major automaker wants to miss out on the opportunity. They all have invested heavily there, though the National Development and Reform Commission is pushing foreign automakers to share more of their advanced technologies with their Chinese partners—and they all have to have Chinese partners.

The push to develop new technologies is immense. China has already outdistanced the U.S. in published patent applications, according to a report from Thomson Reuters, though it is still lagging behind the U.S., Japan, and Europe in patent grants. The surge in applications is in part due to incentives that the government is offering in its amazing effort to push the country up the industrial and intellectual food chain to where products are designed from the ground up in China. Targets: pharmaceuticals, technology, and ... the auto industry.

Developing technologies in China is one way. Another way is to go shopping in America. And in most cases, government-owned enterprises are behind it. For example, BeijingWest Industries. The joint venture of three government-owned companies—Shougang Corp, Bao'an Investment Development Co., and Beijing Fangshan State-Owned Asset Management Co.—bought the chassis division from Delphi Automotive during the crisis in 2009. Building on Delphi’s technologies, it now develops and manufactures brake and chassis components for a variety of U.S. and European automakers.

Delphi embodies what’s wrong with manufacturing and financial engineering in the U.S. In 1999, when GM spun it off, it was a mega manufacturer of automotive systems. In 2001, the company cut 11,500 jobs. In 2004, it got into hot water over its accounting practices. In 2005, six years after its IPO, it went bankrupt and closed 24 plants. In 2006, it closed another 21 plants. Throughout, GM began to source its components elsewhere, particularly in China.
 
.
now it is time to invest more money in developing countries,especially to our immediate neighbors,we injected too much money in developed countries the government has to adjust our investment strategy.
 
.
Chinese Carmaker to Buy Saab for e100 million
The deal fell apart due to GM's veto. GM holds Saab's IP and is refusing to re-license them to Chinese bidders.

Now China Youngman is talking about injecting $800 million in Saab to finish Saab's own platform, but they still have to find an engine from somebody else.

China's Geely To Buy Volvo From Ford
Yes, and Geely is now $10 billion in debt thanks to the deal. Geely's debt went from $0.7 billion to $10 billion in two years thanks to Volvo acquisition and Geely is in a financial mess.

China carmaker may buy into GM's IPO
This doesn't give Chinese the access to GM's technology.
 
.
it is just the start,with this mighty economic clout,China now is buying up everything abroad.the country is out to prowl around the world,in 10 years China will dominate this industry easily.

20101113_ldp001.jpg
 
.
China has put relations with the United Kingdom into, if not the diplomatic deep-freeze, then at least the ice-box.

This sudden chill is, according to China's government, entirely the fault of the British side.


For several weeks, China has been cancelling high-level meetings. We already knew that Wu Bangguo, who ranks second behind President Hu Jintao, called off a trip to London in mid-May.

Now it's clear several British ministers who visited Beijing recently have received diplomatic snubs.

When Lord Greene, the UK's trade and investment minister, attended a UK-China Partnership Summit in May, China's ministry of commerce sent an assistant minister to address the gathering. The assistant minister then left the room as soon as he'd given his speech.


When Foreign Office Minister Jeremy Browne visited Beijing, he didn't get to meet anyone from China's ministry of foreign affairs.

What is not clear is whether this is going to be a long, drawn-out diplomatic chill or a passing phase.

Contentious meeting

The immediate issue is the Dalai Lama and David Cameron's decision to meet the Dalai Lama when he was in London for a prize-giving ceremony in London in May.

China's reaction is summed up by an article in today's China Daily headlined "UK to blame for damaged relations with China".

It quotes China's foreign ministry spokesman Liu Weimin as saying: "In disregard of China's strong opposition, British leaders pressed ahead with meeting with the Dalai Lama.


"The Chinese side expressed strong dissatisfaction and opposition. Bilateral relations were affected."

China clearly believes it has been wronged. "The responsibility lies with the British side," according to Mr Liu.

"We demand the British side... stop supporting Tibet independence anti-China forces, and take immediate measures to restore China-UK relations with concrete actions," he said.

Core principles

British diplomats knew China would be angered. Their hope was that dealing openly with Beijing would minimise the impact.

So officials informed China in advance, they made clear David Cameron's meeting would be a private one, and made sure it did not take place on government property.

Some might view those actions as prudent, others as appeasement.

But Britain does not appear to be suffering the same sort of total freeze that China has imposed on Norwegian officials since the Nobel committee awarded its 2009 Peace Prize to the imprisoned Chinese academic Liu Xiaobo for advocating an end to Communist Party rule in China.

China's Communist leaders regularly vilify the Dalai Lama. He has called for autonomy for Tibetans, not independence.

But China has made the issue of Tibet a "core principle", one it will not compromise over.

So China's leaders feel they must talk tough over this issue.

For audiences at home they want to reinforce the message that they are building a strong, proud China that will not be pushed around by foreign powers.

For audiences abroad it's about deterrence, warning other leaders not to meet the Dalai Lama - or they may suffer similar retribution.

Losing friends?

But there is a downside. By being so strident China may influence people but it may not win friends and it risks damaging its image as a rising power.

And the Communist Party depends for its legitimacy on delivering not just renewed national pride but also rising prosperity.

So China has growing economic and diplomatic interests around the world that it does not want to see damaged either.

China's sovereign wealth fund is looking to make more investments in the UK in infrastructure and utilities. China wants to diversify its foreign exchange holdings away from the US dollar.

The British pound is an obvious alternative, particularly given the euro's troubles. China has started making London a major offshore centre for trading its currency, the renminbi.

British officials say that the UK is more open than most to Chinese investments. There is little political opposition to Chinese firms buying UK airports, water firms or bus companies as long as they invest in them and make them profitable.

So, the argument goes, treating a friendly nation could backfire badly if China's actions stir up hostility in the UK.

And China is apparently keeping open channels of communication to ensure its practical interests are not damaged.

Beijing still has to deal with Britain in international arenas - at the G20 tackling global economic troubles, in the P5+1 dealing with Iran's nuclear programme and over Afghanistan.

Just as China's growing global reach gives it new leverage it can constrain it too

BBC News - China's diplomatic snubs to UK

_60267907_014754393-1.jpg
 
.
Leeds stands up to 'bully boy' China

Firth said he had been amused by the suggestion because he thought it ridiculous. "Here we have an unelected communist state coming and dictating to local politicians. What we pride ourselves on in this country is freedom of speech. Clearly, they don't," he said. "[The Dalai Lama] is not coming to give a political speech but to talk about business ethics."

Dalai Lama visit: Leeds stands up to 'bully boy' China | World news | guardian.co.uk
 
.
Leeds stands up to 'bully boy' China

Firth said he had been amused by the suggestion because he thought it ridiculous. "Here we have an unelected communist state coming and dictating to local politicians. What we pride ourselves on in this country is freedom of speech. Clearly, they don't," he said. "[The Dalai Lama] is not coming to give a political speech but to talk about business ethics."

Dalai Lama visit: Leeds stands up to 'bully boy' China | World news | guardian.co.uk

I dont understand the motivation in this. Ther are 1000s of Chinese athletes and back up staff saturating the hotels and bringing much needed revenue into Leeds and by coincidence the Dalai Lama is visiting Leeds at the same time. I think the British are wanting a bloody nose. The plan was made last June to select Leeds as the China training camp. They should have been more diplomatic and not coincide the 2 events.
Is this the way to accommodate guests and make friends? I hope China make a note and show the same hospitality to the British...
 
.
I dont understand the motivation in this. Ther are 1000s of Chinese athletes and back up staff saturating the hotels and bringing much needed revenue into Leeds and by coincidence the Dalai Lama is visiting Leeds at the same time. I think the British are wanting a bloody nose. The plan was made last June to select Leeds as the China training camp. They should have been more diplomatic and not coincide the 2 events.
Is this the way to accommodate guests and make friends? I hope China make a note and show the same hospitality to the British...

Dalai Lama is also guest, right ?
 
.

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom