BYD has brought its latest ultra-fast flash-charging tech to Europe, the first outside of China.
3 minutes to around 50%: "I've absolutely never seen anything like this!" The journalists were all amazed.
97% in 9 min 22 sec. BYD has made the dream of fast charging come true.
It’s been 9 months since we moved to 🇨🇳, and a few quick thoughts:
Our kids go to an international school, so they still stay connected to Western culture. But they also have Chinese class every day, and everything around them is in Chinese, street signs, subway announcements, people talking around them, etc. That kind of environment really helps them keep up their Chinese. As Chinese parents, that matters a lot to us. I’ve seen a lot of ABC (American-Born Chinese) kids grow up in the US and slowly lose their Chinese. The toughest part is when they can’t really talk to their grandparents without their parents translating. We really didn’t want that!
Life here is super convenient, especially getting around. In the US, it was mostly drive everywhere, or fly if it was far. Here, you can take a taxi, ride a shared bike or e-scooter, take the subway, high-speed train, or fly. For trips under 2 hours, high-speed train is often easier than flying. It’s also been a totally different experience for the kids; they’re learning how to get around the city instead of just biking around the neighborhood and waiting for us to drive them everywhere.
Labor is much cheaper here. We have someone who comes by every day for 3 hours to help with laundry, cooking, and cleaning. It’s around $9 an hour, so under $600 a month total. That’s been a huge help for us.
Main downside: the weather. It’s hard to compare with the Bay Area. Winter air quality during heating season isn’t great, although people say it’s a lot better than a few years ago. Summers are also hot, and there are mosquitoes.
That said, Shanghai has improved a lot over the years. In general, people seem more polite and considerate now. Drivers are more likely to stop for pedestrians, and people line up for the subway in a more orderly way. Of course there are always exceptions, but that’s true everywhere.
Overall, we’ve been pretty happy with the move. It’s been a great life experience for the kids, and being closer to our family has meant a lot to us.
Ray Dalio just posted for the first time in a while.
When this man speaks… I drop everything and listen. He doesn’t do this for engagement.
Read it. All of it. Most people have no idea what’s coming…
China TikTok is so messy rn Because now that the Chinese government legalize Counterfeit products of all American goods because of the tariffs their now exposing a lot of Big brands and how their stuff is manufactured and encourages you to buy them in House China for cheaper
If Trump's tariffs stay in place, there will be a wave of retail bankruptcies. Retailers that survive will close locations and lay off workers. Even stores that remain open will downsize as businesses cut costs and lay off workers. Landlords will be stuck without tenants and banks will be stuck with empty retail space on defaulted commercial loans. In the end, the U.S. will have far fewer retail businesses left. They will sell a lot less merchandise, but they will do so at much higher prices. Prices will likely rise by more than the tariffs as retailers have to cover their fixed costs on lower sales volumes. But a collapse in retail sales will lower our trade deficit, which is Trump's goal. All the goods Americans can no longer afford to buy will no longer be imported. We win.