China's Overcapacity: CES Insights & Global Trade

Added: 2026-05-19

[00:00:00]I think that you're you're definitely, you know, seeing some crunch, you know, with the Chinese economy.

[00:00:04]Um again, I think this is why Xi Jinping will say, "Look, you know, we really do need to get a resolution to the Strait of Hormuz to make sure that we can, you know, continue manufacturing and continue growing." I I'll give you an interesting insight in in terms of overcapacity and is China producing too much? You know, every year I go to the Consumer Electronics Show, uh which is the largest consumer electronic It's the largest tech show in the world. Uh it's held every year, every January, uh in Las Vegas, the city that I reside in, so it's a very easy trip for me to go to.

[00:00:32]Uh but every year I go and about 30% of the companies on display are from mainland China. There's a tremendous amount of uh Chinese that attend the show. Uh actually, you know, besides English being the most popular language, you know, when you're walking the street the the booths and you're walking the pavilions of the Consumer Electronics Show, you can hear Mandarin being spoken quite a lot amongst the Chinese colleagues and attendees. Uh a lot of Mandarin being spoken, a lot of deals. A lot of these Chinese companies, they still they still want to, you know, trade with the United States. So, I I met with a lot of uh startups and they said, "Look, we're developing, you know, for example, we're developing this Pilates uh system. Uh this It's actually like a Pilates um reformer, you know, type of uh device. And, you know, we know that Pilates is very popular in the United States, much more than China. So, capitalism, right? Aren't we supposed to let the best brands and the best prices win and, you know, just uh you know, open market, right? We should have an open market and allow people to buy and sell and do trade with everyone in the world."