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The Debt-Fueled Collapse of China’s Top Machine Tool Maker



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35 thoughts on “The Debt-Fueled Collapse of China’s Top Machine Tool Maker
  1. Cycle of government directed capitalism: invest the trend => massive debt => work 247 => see foreign competitors as hurdles => if failed => the state will absorb the company and debt => poor deployment of tax payer's money.

  2. at 3:58 you mention this dismantling of these research schools being privatized, could you consider this as a potential topic for a video? thanks

  3. Don't worry, China Goverment will make the other Company soon. that is how china Industry cycles goes.
    China Gov own the Money, and they have infinity Labors

  4. Kede CNC(SH:688305) is currently the best CNC machine tool company in China; its machining precision rivals that of German or Japanese manufacturers, and it produces the vast majority of its components in-house. The example shown in the video represents a failure, but China's machine tool industry is a much broader topic.

  5. Just throw money at it subsidize tariff you'll turn it around. Squeeze foreign producers youll gain traction eventually. If it fails another company will pick up where they left off.

  6. The nice thing about business failures is the equipment mostly survives to be auctioned to smaller outfits.
    That's how many smaller businesses, especially machine shops and manufacturing, get much of their equipment.
    It's also how enthusiasts get machinery, specialty carts and storage equipment we can repurpose etc for our home machine and welding shops. For example I look for custom wheeled carts and racking make of standard steel shapes which
    many auction buyers don't want to spend money transporting. (They came for the high dollar items.)
    I then cut them at the welds etc and my home shop gets very heavy duty wheeled shelving, work benches and more for small money. If you're a serious DIYer give that some thought. My bros equip their home shops likewise as we help each other build them. Having your dream shop is easier than it may seem.

  7. The Japanese and Germans are deliberately destroying, in-situ, their ultra-precision milling machines that are in their now shut-down Chinese-located buildings. They are doing so to prevent the Chinese from trying to reverse-engineer the extremely high precision proprietary placement mechanisms. I watched a video a few weeks ago where a Chinese salvager stated China is 20 years behind on that kind of precision component fabricating. This Chinese tool company can't machine to that level of precision despite all the money they've borrowed to try to copy more advanced German and Japanese machines.

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