Chinese Economics Thread

[weig2000]

The foreign debt of China, by June 2015, stood at around US$ 1.68 trillion, a lot higher now .. thats why "somewhat" GOT IT?

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NOT AT ALL. You're talking about the Chinese government debts in the same breath as the US and Japanese government debts, which stand at 100+% and 200+% of their respective GDP. China's government debts, including both central government and local government debts stand at somewhere around 60%. The USD 1.68 trillion you quoted is a very small part of the total government debts and can be easily covered by China's foreign reserve, if necessary.

If you still insist using "somewhat," you should use it the other way around, i.e., Chinese government debts are _somewhat_ foreign debts. It'd be a bit weird though.

GOT IT?

 

[Skywatcher]

How can a pirate last long? I'm no expert, but even I can see that a ship about to be robbed would be able to radio for help, and then a Chinese warplane would come quickly. Then torpedos and/or missiles fired by the plane would sink the pirate ship. Wouldn't a pirate have a very short and very hazardous career?

China can just summarily execute the pirates out of hand, under international law anyways.

I don't see the point in privateering, since it'd actually be less trouble to just set up some USN/Marines/Coast Guard on a fast auxiliary ship if interfering with the Chinese merchant marine is the goal.

 

[voyager1]

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Foreign investors have bought a net $41.5 billion of Chinese bonds since the start of the year, already about a third of what they did in all of 2020.

China's economy is going full steam ahead. These inflows will also help China in deleveraging the high debt it had accumulated.

 

[PhSt]

This demonstrates that the EU is still under US influence, hopefully this is just for show, and China will need to double its efforts to slowly chip away American control of the EU and its member states.

 

[Kaeshmiri]

This demonstrates that the EU is still under US influence, hopefully this is just for show, and China will need to double its efforts to slowly chip away American control of the EU and its member states.

Its not possible to do that. Take example of Australia . It's 1000 miles away from US, its economy is dependent on China and yet it didn't hesitate for even a second to act as a lapdog for US. You cant chip away control without destroying the controller ie US.

US, EU, Australia etc may have many differences between them but at the end of the day they are White Nations driven by a sense of moral superiority over the rest of the World. They'll unite when they'll see a Non-White power rising.

China doesn't need to double its efforts wooing the imperialists but rather double its effort in Tech and Economy . The path to success lies in competing and winning.

 

[Jiang ZeminFanboy]

CAI probably won't be approved, Europe loses more in that case, but also China wanted to pass it because it would be less likely to make the EU follow America with trade war/technology war against China.

 

[W20]

"White Nations driven by a sense of moral superiority over the rest of the World"

E x a c t l y

Judeo-Christianity, crash course

Old Testament (Book of Joshua, and Book of Deuteronomy):

(1) my tribal god, my capricious and bloody god is the creator of the entire universe, and your god is a false idol

(2) there are "a people" of lords (HerrensVolk) -We- and peasants: You

(3) my little tribal god, great rag doll in the hands of ventriloquists, orders me to enslave you

(4) making great slaughters is what characterizes the chosen of the gods

 

[Lnk111229]

Its not possible to do that. Take example of Australia . It's 1000 miles away from US, its economy is dependent on China and yet it didn't hesitate for even a second to act as a lapdog for US. You cant chip away control without destroying the controller ie US.

US, EU, Australia etc may have many differences between them but at the end of the day they are White Nations driven by a sense of moral superiority over the rest of the World. They'll unite when they'll see a Non-White power rising.

China doesn't need to double its efforts wooing the imperialists but rather double its effort in Tech and Economy . The path to success lies in competing and winning.

Totally agree. I don't know why people still surprised when see Western MSM pushing blatant lie propaganda piece of sh*t. I mean they do same sh*t long time ago. I remember see DW documents about some China project in Europe. Reporter ask Chinese contractor about hiring local people for work. While Chinese man tell they do hire local but DW just lie and translate to English is they don't hire local. They don't have shame when do dirty trick even just tiny one.

 

[j17wang]

Its not possible to do that. Take example of Australia . It's 1000 miles away from US, its economy is dependent on China and yet it didn't hesitate for even a second to act as a lapdog for US. You cant chip away control without destroying the controller ie US.

US, EU, Australia etc may have many differences between them but at the end of the day they are White Nations driven by a sense of moral superiority over the rest of the World. They'll unite when they'll see a Non-White power rising.

China doesn't need to double its efforts wooing the imperialists but rather double its effort in Tech and Economy . The path to success lies in competing and winning.

China needs attack where Europe and America is weak. That means continued bolstering support for Russia and prying away Turkey from the west, which has betrayed them countless times. Western traders have hammered the Turkish lira and China should step-in with its bi-lateral currency swap. Also greater support needs to be given to the Iranians, essentially since America abandoned the JCPOA. Iranians are a smart and industrious people who have been hammered by unjustified sanctions. The stronger China's counter-alliance, the stronger we are in the face of counterattacks.

 

[Nutrient]

China can just summarily execute the pirates out of hand, under international law anyways.

Hopefully the pirates are on board when their ship sinks.

I don't see the point in privateering, since it'd actually be less trouble to just set up some USN/Marines/Coast Guard on a fast auxiliary ship if interfering with the Chinese merchant marine is the goal.

The proposed Chinese victim would still be able to radio that it was being assaulted. Even if the attack succeeded, would even a very fast USN attacker be able to outrun the incoming aerial vengeance? The sinking of a USN ship would probably start World War 3; would the admirals want to risk an outcome as predictable as that?

I don't know. As I said, I'm no expert -- not in warfare nor the psychology of the US.