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Cake day: June 30th, 2023

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  • There’s like a 15% tariff on imported cars (from memory), they’re definitely over priced there and always have been. There’s foreign brands thar aren’t imported, ie produced locally. For a while GM Shanghai was making a fuck load of cars there but its slowly been tapering off. My CN Telsa was bit cheaper than the same one in the US. But I couldn’t tell you that it’s apples for apples, sometimes the local model of something is cheaper because it’s made of cheaper stuff.

    The bigger issue for big city china when buying a car is the plates. If its an ICE the cost of getting plates can be 100x that of a EV. Regardless of where it’s made.

    As for stuffing products in a friendly customer or by some kind of stupid regulation is not common but happens. There is a complex web of incestuous company ownership and an equally complex web of influence and indirect ownership by the government. If someone needs to hit their numbers real bad it’s possible they’ll ask / insist / regulate that another company buys up to help make it happen. There are a few laws that are supposed to prevent it, but if nobody complains then probably nobody investigates.

    I’ve seen this happen a few times with stuff much cheaper than diggers.



  • hello~

    westerner tech guy in China here. they haven’t thrown me out yet, but then they haven’t grown up an equivalent of we do yet either. they haven’t tried to steal it or learn our secrets either.

    nope for the last 3 or 4 years they’ve asked to license it to a local firm or better yet sell it outright to them. each time the price goes up and I suspect at some point it will become so irresistible that the founders will do it.

    interestingly the sanctions closed us off from a lot of big institutes and companies who faced with losing the capability entirely just went ahead and acquired a bunch of Japanese stuff and jerry rigged it together. so that sucked.

    because that’s it, if we don’t sell it to them someone else will and that’ll be the end of the party for everyone.

    pretty sure this has played out in history before.




  • The real estate market doesn’t account for 30% of the economy. Though I suppose there’s a bunch of way to measure “the economy”.

    There is pent up demand for housing yet property marketing is dropping. Actually it may have bottomed out but who knows. Beijing wants to correct it and that’s what’s been happening.

    I have property in tier 1 and tier 2, it dropped to pre covid levels. I wasn’t doing property for quick flips but I definitely noticed it.

    The scars of covid are everywhere in China just like most countries. its going to take a while for it to recover. just like everywhere else.

    China collapse remains a click bait dream for the time being if you ask me.


  • There’s a bit more to it than that. But yes EVs are subsidized in China.

    I worked in a business where we had one product that was useful for automakers but especially useful for EVs. About 8 years ago the EVs in China were mostly cheap shitty BYDs.

    Seemingly out of nowhere, the government changed a bunch of rules and regulations for new cars. Within a month design teams were being established at every major automaker in China focusing on EVs. It was a great year for us.

    Key EV components, especially the materials to make batteries, started to come down in price.

    Then the green plates started turning up. Every city has its own rules for car registration, some places like Shanghai, would auction new number plates each month resulting in a low supply and high demand. It was possible to buy a car cheaper than the number plate. Then if you register an EV you can get a green plate for almost nothing.

    About 3 years ago the cities started requiring new taxis and busses to be EV. Places like shenzhen just converted everything to EV. Released licenses for training and testing self driving.

    Charge stations started popping up everywhere. There’s no way a shopping mall or new residential development could avoid having at least a large section for charging. My own home, converted an entire floor to charging parking stations in the underground car park.

    Finally tesla set up Shanghai giga factory. I have no idea how they managed to make that deal but not long after they started shipping model 3s domestically they slashed the prices down to cheaper than a niceish BYD.

    If you go to Shenzhen today about a third of cars are EV and you will see a dozen brands you’ve never heard of before (some are terrible cars, but most are reasonable quality and a handful are bullshit luxury)

    As in tradition in China, the government will now let them go into a price war to push the manufacturers to find cheaper ways to make them. Many will go bust or give up.





  • shrooms can be a bit of a dice room on visuals.

    once boiled up half a shopping bag of shrooms and split the tea with one friend.

    There were infinite moments where the fabric of space time twisted up into the cosmos believably revealing to me a path into the heavens. I had to control my breathing otherwise the torrent of everyday objects flowing past me would move too quickly for me to get enough traction.

    I once had three tiny died shrooms, and a bong hit disconnected my soul from my body and transferring me into an ancient dog sleeping in the sun on a wide open field in the wilderness. the entire thing seemed to go for eons but collapsed back into my living room in and instant when some rang the doorbell.

    Then I’ve had shrooms where the trip was extremely profound and emotional but the only visual was the leaves of the trees just looked a bit brighter and more flappy in wind or some swirly clouds of colors bouncing around my hifi speakers.