Episode Details
| Title | China’s Manufacturing Dominance: State Directives & Ruthless Competition —Arthur Kroeber |
|---|---|
| Date | 6/19/2025 |
| Podcast | Dwarkesh Podcast ↗ |
Key Insights
Bullish:
- 🟢 $EV - China's strategic shift towards electric vehicles, driven by historical energy shortages and a desire to dominate a new automotive sector, positions it for long-term success in the EV industry.
- “China very early on recognized that they needed a lot more electric power. The original reason was very prosaic. They had a lot of power shortages in the early 2000s. They were making it hard for their factories to run. And they said, Oh, we gotta, like, build a lot more generating capacity, most of it fueled by coal, just so we can keep our factories running. That was the first thing. And then they started to think about it a little bit more, and they started to say, actually, what do we want? Well, we know we're failing as we talked about earlier. We know we're failing in this drive to make cars with industrial combustion engines. And it looks like we're never gonna be able to crack that nut and have Yeah. Our own Toyota or General Motors. But no one's making electric cars. Maybe we can be the first to do electric cars.” - Arthur (1:29:50)
- 🟢 $RENEWABLES - 🔒
- 🟢 $ELECINFRA - 🔒
- 🟢 $AICOMPUTE - 🔒
- 🟢 $USFINANCE - 🔒
Bearish:
- 🔻 $CHINADEMAND - 🔒