Geopolitical Economy Report

China's per capita car exports are a tiny fraction of those of Japan, Germany, and South Korea. So why aren't those countries accused of "overcapacity"? Why are they allowed to export so much with no US backlash? Let's review the data:

Vehicle exports in 2023:
-China, 4.91 million
-Japan, 4.42 million
-Germany, 3.11 million
-South Korea, 2.76 million

China's population is:
-11 times that of Japan
-17 times Germany
-27 times South Korea

So their per capita exports in 2023 were one car for every:
-290 Chinese
-28 Japanese
-27 Germans
-19 South Koreans

In other words:
-South Korea exports 15 times more cars per capita than China.
-Germany exports 11 times more cars per capita than China.
-Japan exports 10 times more cars per capita than China.

If China is distorting global markets due to "overcapacity", as the US government claims, then Japan, Germany, and South Korea have been at a whole other level of extreme overcapacity for decades.

But these countries are close US allies, so - unlike with China - the Treasury secretary doesn't tell them to cut back production, take away jobs from its people, and sacrifice growth on behalf of Washington.

1 year ago (edited) | [YT] | 208



@davidprice4003

The west dictating what the rest of the world should be doing...whilst building their economy ...and now when the rest of the world are leveling up,,,the west start talking about the world needs to go green ,,,etc.... wanting to control this next industrial revolution..but China as clocked on to this and is 10 steps ahead of the west ...๐Ÿ˜‚๐Ÿ˜‚

1 year ago | 10

@lepetitespoir8851

Glad to see Chinese people are switching to buy Chinese made phones and Chinese made cars. They are not going back either.

1 year ago | 10

@michaelgreen398

China looks after it people not the banks and money men

1 year ago | 1

@nlee8801

Just let the dogs bark. Ignore them move on and do all the things that are good for you and the world. The world is big, not just a few big mouth dogs.

1 year ago | 1

@eoinmacmahon5420

Ben is a class act

1 year ago | 4

@rastoferi6012

I dont know if it's tongue in cheek but using per capita on car export is funny AF

1 year ago | 2

@hammylauw9574

The manufacturing- car-consent based on free market capitalism defined by the USA. What about per capita weapon export consents by the Military Industrial Congressional Complex of the USA

1 year ago | 6

@Roland_Deschain

Because hypocrites

1 year ago | 3

@kp6215

Thatโ€™s what I said

9 months ago | 0