SATISH SHARMA - not just Rotigraphy.: We're watching the biggest shift in global economic power unfold in real time.

https://x.com/gnoble79/status/2023387864461910111

George Noble

We're watching the biggest shift in global economic power unfold in real time. While America debates tariffs, subpoenas its own Fed Chair, and spends $380 billion on AI infrastructure with no measurable returns... China just executed the most AGGRESSIVE industrial strategy since the Marshall Plan. This week alone, 5 Chinese AI companies - Zhipu, ByteDance, Alibaba, Moonshot, and DeepSeek - released or announced major model upgrades simultaneously during Spring Festival. A RAND report published last month confirmed Chinese AI models now run at one-sixth to one-fourth the cost of comparable American systems. One-sixth the cost. Surveys show the vast majority of US companies investing in AI report "no change" in productivity, decision-making, or customer satisfaction. America is burning cash. China is building products. But AI is just one front. The "Four Dragons" - Moore Threads, MetaX, Biren, Enflame - all went public or filed IPOs in the last two months. Huawei is doubling output of its flagship Ascend chip to 600,000 units this year and outlined a 3 year roadmap to overtake Nvidia. Bernstein estimates Nvidia's China market share will collapse from 40% to 8% under current export restrictions. Huawei's could rise to 50%. Beijing is mobilizing $70 billion in chip incentives and mandating state telecoms replace AMD and Intel by 2027. They're not competing with our tech stack. They're REPLACING IT. Now look at energy: China invested $1 TRILLION in clean energy in 2025. 4x what they spent on fossil fuels. Clean energy drove over a third of GDP growth last year. They produce a full terawatt of solar panel capacity annually. Over 70% of global EV production is Chinese. Nearly half of all new cars sold in China are electric. They can power their AI data centers with cheap renewable energy they built themselves. Meanwhile, America is debating whether to keep wind subsidies. The part that should concern every dollar-denominated investor: China's central bank has bought gold for 15 consecutive months. January reserves hit $369.6 billion, up $51 billion in a single month. The World Gold Council suggests actual holdings could be DOUBLE the reported figures. The Shanghai Gold Exchange is expanding renminbi-priced contracts overseas. Yuan-based trade is growing with Saudi Arabia, Brazil, and Indonesia. They're not just accumulating gold. They're building the infrastructure to challenge how global commodities get priced. And China's trade machine? Record $3.77 trillion in exports last year. $1.19 trillion surplus - the largest any country has EVER recorded. But they've completely redirected it. Exports to America fell 28.6%. Exports to Africa surged 27.5%. ASEAN up 8.2%. Goldman raised its 2026 China growth forecast to 4.8%. Add it up: - AI at a fraction of the cost - A parallel chip ecosystem - $1 trillion per year in clean energy - 15 months of gold buying - A record trade surplus pivoted toward the Global South Their 15th Five-Year Plan covers quantum computing, 6G, hydrogen energy, and biomedicine. This is a country that installed 277 gigawatts of solar in a single year while we argued about tax credits. My positioning: Gold and precious metals remain a core holding. China's buying puts a structural floor under prices, and they're NOT slowing down. Mag 7 valuations look increasingly stretched when a competitor builds comparable AI for pennies on the dollar. Energy stocks stay attractive - the transition is measured in decades, not quarters. China is building the future. America is unfortunately just talking about it.