It's Trump's move to decouple from China, good luck with that. It's going to be alot of pain to US economy.
Chinese Economics Thread
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It's Trump's move to decouple from China, good luck with that. It's going to be alot of pain to US economy.
Oh good, another right wing nationalist nut-job. Just what the world needs right now!
Regardless of politics, there must be some common sense and practicality in play. That common sense is ...... You don't pissed off your biggest trading partner, and he did it in no small way. Those of you here of the chinese descent will know what I mean. Taiwan is very very. (Just in case any one missed it the first time) dear to ALL chinese hearts. (I won't go into details here).
So by pissing off your trading partner, you know the one you have a massive current account surplus with, the one that kept your economy afloat, the one that help your economy avoids a recession during the last financial crash that affected the world! Is not a smart move.
The prime minister realises that, and the damage limitation was full on when she had to publicly restate that New Zealand adherered to the one China policy. That's a big kowtow!
It is all about mutual respect and benefits. Till now the OZ and NZ media and politicians are spinning it like China is the bully for coercing them into not supporting Tw admin entry to WHO(as if it is the RIGHT thing to do in the first place). Do you think China feels good having to retort to economic threats ? No ! But please have some awareness on you part and do not keep trampling on Chinese sovereignty integrity whilst sitting on the moral high ground claiming to be some saint that is holding up a free and equal world yet behaving in the totally opposite manner. China won't slap back at you if you don't poke at her. Or is the Five simply too used to having the position of dictating others' domestic policies that they now became uneasy/felt restrained upon steadily losing the might to impose their will.
Mind you, tw experts are actually invited to the meeting, it does no difference if they have an official political representative or not.
TW island also communicates with WHO through Mainland China. All this push to get TW into WHO under the pretext of outbreak efforts are merely washhog by US to grant TW some artificial political standing, which hopefully will cause the island to break away from China in the long run. Chinese don't like to play these superficial game(巴戏), they see right through the nonsense and address the intent behind. Perhaps this is also why the West is wary of Chinese all these decades, they knew this group cant bve fooled like the Africans and be subjugated easily.
The chinese has such an idiom :
以其人之道，还治其人之身
give somebody a dose of his own medicine, do unto him as he does unto you, deal with a man as he deals with you
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A quote from one of most influential American political scientist :
China has alternatives for beef, barley imports but trade dispute could ‘kill Australian farmers’
Excerpt from the article :
Excerpt from the article :
- Master brewer Michael Jordan, who works for Shanghai’s Boxing Cat Brewery, echoed the proximity sentiment as it made imports cheaper, but conceded Chinese importers had plenty of options in Germany, Denmark, Canada and the United States.
- The trade row has understandably spooked Australian farmers, but in China many importers are adopting a “wait and see” approach, especially given the availability of alternative markets. Chinese importers’ relaxed approach to the dispute also comes from knowing they have options across the world, given China’s active diversification of markets in both products.
- “It would be a sum-zero game. That is take from Australia and reallocate to the US, especially since the agreed amount of Chinese purchases of US products [in the phase one deal] is huge and does not seem obtainable.”
- But as Australia is so heavily dependent on China, particularly for its exports of barley, that the impending tariff could wipe out the trade completely, research group IBISWorld warned.
- China, though, is less dependent on Australia particularly for barley and beef having groomed other sources, in particular Canada, which now ranks China as its top barley export market.
- On Wednesday, Chinese Ministry of Foreign Affairs spokesman Zhao Lijian said it was important both countries acted in a manner that was “in line with the spirit of a comprehensive China-Australia partnership” when asked about the restrictions on beef and barley and Australia’s push to investigate the origins of the coronavirus.
- “We have stated many times we have a clear and consistent position on the development of China-Australia relations. A sound and stable China-Australia relationship is in the common interests of both countries, but it requires the joint efforts of both sides,” he said. “We hope that Australia will meet us halfway, earnestly uphold the principles of mutual respect, equality and mutual benefit, and do more things that are conducive to China-Australia mutual trust and cooperation.”
Hendrik_2000
Lieutenant General
I don't think it is easy to move out from China because China has vast supply chain network, Huge manufacturing skill personnel, excellent infrastructure(factory,electricity,road,communication) and competent custom and harbor facilities,educated an hardworking labor, vast internal market,stable and safe country . And most important they have the mass scale
Even with increase labor pay scale FDI will keep growing as China is the number 1 destination of FDI clocking 81 billion dollars
Factories are Leaving China // 工厂搬离中国. My opinion on how many western countries are talking about decoupling from China, and why I think this is really not so easy as they think it will be.
Even with increase labor pay scale FDI will keep growing as China is the number 1 destination of FDI clocking 81 billion dollars
Factories are Leaving China // 工厂搬离中国. My opinion on how many western countries are talking about decoupling from China, and why I think this is really not so easy as they think it will be.
This remind me of the classic Bruce Lee film enter the Dragon. When he said "board don't hit back"! For years, China was that board, I think that time has come to past!
Yes that's ture. But what luxury goods does Australia produce that China wants to buy in order to put tariffs on?
This is the classic "board don't hit back". When Dalai and others things happened in the past like SCS, Nobel peace price for example. China didn't hit back, not because it didn't want to, but because it couldn't. Now that it could, most of the nation's that was bullying China in the past carried on thinking China won't hit back. And they now got a rude awakening.
This explain why Dalai's currency is now too expense to entertain. He goes around the world trying to get photo ops with leaders, but no one wants to touch him with a barge pole!