The world is pretty rough out there. I can't do anything about the sea and the waves, but I can help you to build a better boat that can sit better in the water. And I think people relate to that.That if they were felt a bit stronger in themselves, they would be able to cope better with what life throws at them. We can realize the miracle within us if we just nourish it. There is a a truth which is you and the people around you.Actually the only things that matter daytoday are they our closest dearest the o ...

China is winning the long game, as you say. Why do you think that's the case. Well, David, I think as we've talked about before on your program, the fact that China has been able to go through these various rounds of trade negotiations with the United States without giving up much in terms of actual concessions, you know, they have been sort of small compromises made, but very far away from American demands.And and what's resulted from the outcome of these negotiations is just a commitment to simply talk ag ...

Social Impact & Personal Development - Shares personal experiences to inspire self-reliance [1] - Offers practical advice for overcoming challenges [1] - Focuses on assisting those struggling with independence [1] Event Context - Presented as a TEDx talk, independently organized [1] - Utilizes the TED conference format [1] - Encourages learning more at https://www.ted.com/tedx [1]

Geopolitical Landscape - Burkina Faso's leader, Ibrahim Traoré, is seen as an anti-Western figure advocating for self-reliance and resilience [1] - Traoré's message resonates with supporters across Africa and internationally [1]

Investment Rating - The report indicates an optimistic outlook for China's manufacturing sector, with an increased forecast for export growth and a larger current account surplus expected by 2025 [3][69]. Core Insights - China's manufacturing sector remains the largest globally, with a significant trade surplus, driven by low production costs and strategic investments in high-tech sectors [4][6]. - Despite challenges such as US tariffs and global economic slowdowns, China's policymakers prioritize industrial growth over consumption [3][54]. - The report anticipates that real exports will be roughly flat in 2025, a revision from a previous forecast of a -5% decline, and expects a current account surplus of 2.3% of GDP in 2025 [3][69]. Summary by Sections Manufacturing Sector Overview - China's manufacturing ecosystem is characterized by low costs across production factors, including labor, capital, land, and energy, which collectively enhance competitiveness [19][22][26]. - The report highlights that China's labor costs remain significantly lower than those in developed markets, despite rising over the years [20][24]. Export Dynamics - China's exports are gaining market share in various sectors, particularly mid-to-high tech, while facing challenges in lower-tech sectors [14][15]. - The report notes that China's export success is attributed to a substantial competitiveness gap, especially in emerging markets [15][19]. Policy and Economic Strategy - The Chinese government continues to support "self-reliant" investment and innovation, particularly in high-tech sectors like electric vehicles, robotics, and semiconductors [46][48]. - The "Made in 2025" initiative and recent policy shifts emphasize technological advancement and reducing dependence on foreign supplies [52][53]. Current Account and Currency Outlook - The current account surplus is projected to strengthen, with expectations of a gradual appreciation of the renminbi against the US dollar [69][70]. - The report suggests that the undervaluation of the renminbi provides a competitive edge for exports, with forecasts indicating a shift towards a stronger currency in the coming year [70][71].