Chinese Economics Thread

TD739

Junior Member
Registered Member
How naive. The USA wants to be the sole hegemonic power. Chinese 5g is just one instance of their repeated thuggish behavior.
This administration plays like something out of the Sopranos really.

The geopolitical order established after WWII, or whatever, means squat.
Already lots of countries have ties to the Chinese yuan with bilateral currency agreements.
China is the world's largest economy. The dollar supremacy will end sooner or later.

Already you see countries dissenting with the US with regards to Iran, of all nations.
This would have been unthinkable a couple decades ago. Not even their lapdogs in the UK supported them.

With regards to Huawei bans you have to read the fine print. In the UK, for example, it is banned with the ban starting a couple years from now. Probably after Trump ends his second term in case he is reelected.
The fact that most western countries and pro western except Germany ditched Huawei and ZTE speak volume of post WWII order.
Chinese yuan still no there yet
 

manqiangrexue

Brigadier
The fact that most western countries and pro western except Germany ditched Huawei and ZTE speak volume of post WWII order.
That they had to be made hostages for a one time submission speaks volumes of America's true influence.

Chinese yuan still no there yet
Yet is the key word, and every time America makes a mistake and oversteps its welcome with economic sanctions, the day the dollar falls draws closer.
 

sndef888

Senior Member
Registered Member
The fact that most western countries and pro western except Germany ditched Huawei and ZTE speak volume of post WWII order.
Chinese yuan still no there yet
Speaks volumes when the largest EU member and supposed American ally refuses to ban Huawei, and almost all the other Western allies had to be threatened to abandon Huawei. America is losing its influence by the day and even its allies know it.

Heck, it can't even sanction a small middle eastern country without its European allies kicking up a fuss. And somehow you think that 10 years from now America will still be able to lock China out nilly willy?
 

TD739

Junior Member
Registered Member
5g is a luxury especially after this covid thing.
It's not something other countries risk their livelihood against US to acquire them.
Huawei would lose at least 40% of its current oversea market. Telecom and cellphone.
 

TD739

Junior Member
Registered Member
US economic sanction power still strong. Even if that's fall through, it can use military power to overturn that.
It can intercept your ships at highsea. Yup back to being a pirates.
Nah, most countries don't want to risk that.
 

manqiangrexue

Brigadier
5g is a luxury especially after this covid thing.
It's not something other countries risk their livelihood against US to acquire them.
Huawei would lose at least 40% of its current oversea market. Telecom and cellphone.
Crunch some numbers, Bo. What does that mean? What about Huawei's total revenue? Research funds? Since you're making so much noise, let's compare your numbers to the real ones. So far, none of your "Huawei's done for" bull crap as stood up to the numbers released.
US economic sanction power still strong. Even if that's fall through, it can use military power to overturn that.
It can intercept your ships at highsea. Yup back to being a pirates.
Nah, most countries don't want to risk that.
Intercept shipments of cellphones and telecoms materials at sea? From a nuclear country? LOL You got quite the imagination, Bo. China's not Iran. And also, China's shipping route to Europe go by land and air. The stuff that goes by sea is typically cheap/heavy stuff.

PS. What's with the yup and nah? Your different personas having a conversation again? LOL
 

Nobonita Barua

Senior Member
Registered Member
US economic sanction power still strong. Even if that's fall through, it can use military power to overturn that.
It can intercept your ships at highsea. Yup back to being a pirates.
Nah, most countries don't want to risk that.
I don't think it has anything to do with 5G.

I don't disagree with the sanction power either. However, you can leverage sanction effectively only if you are manufacturing, have goods/services, importing/exporting. US is currently riding share of it's luck it got due to it's backdoor deal 5 decades ago.
Right now they are doing nothing but want to have powers. That's really childish. So in this state, what will happen if there is an alternate financial system is going to be interesting to see.
 

TD739

Junior Member
Registered Member
US had intercepted China ship before like milkyway to Iran. China minimal nuke stance doesn't mean much. It's only retaliatory strike on home land. Even India willing to challenge China at border. At highsea forget it. Its nuke power status is not much.

Other countries are scared being intercepted by US Navy at highsea.
Almost all countries scared by US sanction. Just look at foreigb companies stop supplying Huawei.


Can't take the easy way out. Countries won't just accept China eventually. It's an order being imposed upon.

You don't change geopolitically not much will changed. And it doesn't have to be WWIII.
 

ansy1968

Brigadier
Registered Member
Hi ansy1968, just for fun, I want your advice.

Yours truly, horse, loaned to my friend, donkey, $103 Canadian dollars.

Horse asked his friend donkey, after a couple of months, when can he pay it back. Donkey repays horse $1.

A couple of months past, and horse sees his donkey on the street, and they talk and and the subject of the horse lending donkey money came up, and donkey being a friend repays horse $2.

Horse is happy because he knows donkey will come through.

A year later, horse always sees donkey on the street and they talk, but donkey still owes horse that $100 bucks. But horse if fully confident that donkey will pay him back.

Horse told his wife about that, that donkey owes horse $100. Horse's wife kind of said nothing but kind of made a face, like how only a woman can do. But horse's confidence is not shaken, he is convinced his friend will re-pay that $100 and donkey will come through.

It has been two years now, and donkey has not paid horse back.

Horse is not deterred, he if fully confident donkey will come though.

So, that is why I need advice. Do you think donkey will come through at this point, I believe horse's wife made up her mind, but horse is fully confident donkey will come through and pay him back.

It has only been two years, and horse is confident that donkey will come through and pay him back.

:p
Hi horse,

hahaha I admired your confidence :D :D :D , well IF the purpose of your loan is to help, then you had done a good thing. If not then you had a valid reason to never loan him again. It's how you value your friendship, I hope my advise may suffice, you know the Asian way, charge it to experience....
 
Top