2 ms·
The EU is ahead of the US in crude steel production, but we're about 6 times behind China.[0] ARM is in the UK and not the EU. It's owned by a Japanese company
by Aerroon 6y ago
The EU is ahead of the US in crude steel production, but we're about 6 times behind China.[0]
ARM is in the UK and not the EU. It's owned by a Japanese company and soon an American one.
Does Europe do that well in pharmaceuticals? It looks to me like the US is leading in biomedical research publications. [1] Some European countries are ahead when measured per capita, but only some and that's not an important figure here.
The rest I'm unsure about, but I would like to note that as a market China would easily dwarf Europe. As China becomes richer Europe will become less important in comparison.
[0] Page 10 at https://www.worldsteel.org/en/dam/jcr:f7982217-cfde-4fdc-8ba0-795ed807f513/World%252520Steel%252520in%252520Figures%2525202020i.pdf https://www.worldsteel.org/en/dam/jcr:f7982217-cfde-4fdc-8ba... (PDF)
[1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4566288/#!po=13.3540 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4566288/#!po=13...
- ChuckNorris89 6y ago>ARM is in the UK Except that ARM has many offices outside the UK developing important IP. Their Mali Bifrost and Valhall GPU architectures are mainly developed in Scandinavia by former Falanx Microsystems of Norway, aquired by ARM in 2006, hence the norse naming.
- oblio 6y ago> The EU is ahead of the US in crude steel production, but we're about 6 times behind China.[0] Steel isn't a relevant metric these days. Almost all developed countries can make as much as they need. China needs and produces more because they have to catch up. > Does Europe do that well in pharmaceuticals? It looks to me like the US is leading in biomedical research publications. I would hope that https://en.wikipedia.org/wiki/Hoffmann-La_Roche https://en.wikipedia.org/wiki/Hoffmann-La_Roche https://en.wikipedia.org/wiki/Novartis https://en.wikipedia.org/wiki/Novartis https://en.wikipedia.org/wiki/Bayer https://en.wikipedia.org/wiki/Bayer https://en.wikipedia.org/wiki/AstraZeneca https://en.wikipedia.org/wiki/AstraZeneca https://en.wikipedia.org/wiki/Sanofi https://en.wikipedia.org/wiki/Sanofi etc. aren't just twiddling their thumbs :-)
- ClumsyPilot 6y ago>"The EU is ahead of the US in crude steel production, but we're about 6 times behind China." People often throw around numbers like this without any context. In the other thread people were trying to judge economics of electric powerplants by total weight. Why is this a relevant metric? Why would you not expect China, which is 2x the population and is building infrastructure to refine more steel? Like they also produce more food and plastic, so what? It also is hardly correlated with wealth, wages or GDP. There has been a glut of steel on world markets for the past few years. Are the kinds of steel produced even comparable, i.e. only recently China could produce ballpoint pens www.bbc.com/news/amp/business-38566114
- Aerroon 6y ago>Why is this a relevant metric? Because the parent poster brought it up. Also, Japan produces about the same amount of crude steel as the US despite being less than half the population.