Daily Productive Sharing 905 - About China by Dan Wang
One helpful tip per day:)
Noah Smith interviewed Dan Wang on the topic of economy and manufacturing of the U.S. and China:
- Dan Wang has left Shanghai at the beginning of 2023 and returned to the United States, where he is now a visiting scholar at Yale Law School.
- His annual letters are like postcards sent from China.
- China's manufacturing industry has developed rapidly, with the notable exceptions of slow progress in the semiconductor and aviation manufacturing industries.
- A possible reason is that both industries require highly integrated R&D capabilities across different fields, which is not a strength of Chinese companies. Chinese companies excel in integrating manufacturing processes of mature industries, as the upstream and downstream architecture is very complete.
- The advantage of China's manufacturing industry lies not only in its vast labor force but also in its complete downstream, convenient logistics, and local government support.
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Noah Smith 采访了 Dan Wang，请他谈了中美经济和中美制造业：
- Dan Wang 已经于2023年初离开上海，回到美国，在耶鲁法学院做访问学者；
- 每年的年度之信就像是从中国寄出的明信片；
- 中国的制造业发展迅猛，唯独在半导体行业和航空制造业发展缓慢；
- 可能的原因是因为这两个行业都需要高度集成不同领域的研发能力，而这不是中国企业擅长的，中国企业擅长的是集成成熟行业的制造流程，因为上下游的架构都很完备；
- 中国制造业的优势不仅仅在于庞大的劳动力，更在于完备的下游，便捷的物流，以及当地政府的支持。
Daily Productive Sharing 370 - An Observation of China in 2021
One helpful tip per day:) (下附中文版) #Misc Dan Wang, a think tank analyst living in Shanghai, has written a lengthy summary at the end of the last five years, and in his annual summary for 2021, he devotes a large section to China, with many unique and insightful observations. For
Daily Productive Sharing 375 - Dan Wang’s Observation About China in 2020
One helpful tip per day:) (下附中文版) #Misc This is Dan Wang’s annual summary of 2020, and like the annual summary for 2021, he focused on the observations about China. About the party： 1. This year, I read every issue of Qiushi (translation: Seeking Truth), the party’s flagship theory journal,
Daily Productive Sharing 380 - Observation of China in 2019
One helpful tip per day:) (下附中文版) #Misc This is the annual view posted by Dan Wang in 2019, when Sino-US trade war just began. Thus, he started to focus on this area: 1. And so long as substantial US tariffs stay in place, Chinese firms will have worse access to
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