Chinese Economics Thread

[Chish]

Initially I was worried about Obama's "pivot to Asia" signifying a focused anti-China policy.

China managed to stay stealthy while the US was occupied by Iraq and other Middle East wars.

China managed to get another 4 years of valuable time under Trump who turned out to be a mercantilist rather than a military China hawk.

I think the next 4 years should also be safe for development due to burgeoning US debt and identity/race politics. China keeps getting lucky.



Every year without military conflict is a good year. Once the dollar falls, Taiwan and other disobedient neighbors should just surrender.

Agreed. Obama is very anti-Chinese and his anti-China policy is based on military strategies. He realised that America is losing valuable time and money with all the wars in the middle East, while China was catching up in both military and economy. Hence the ' pivot to Asia (China)'.
With Trump, it's America first and to make America great again. He is a business man and his strategy is based on commerce. Unfortunately he is influenced by military hawks and Chinese haters. Now we get this tinderbox situation.
Another year of peace is another year gained for China, until Trump is able to convinced the quad or some Asian countries into joining a hot war. But this Covid pandemic may enforced a year or two of peace.

 

[siegecrossbow]

Ultra power has said it.

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China is done folks.

How can they take over as factory of the world when they can’t get COVID under control?

 

[BMEWS]

How can they take over as factory of the world when they can’t get COVID under control?

any article coming out of India should be taken with grain of salt these days anyway

 

[BMEWS]

True enough, but right now the USA's economy is dead in its tracks due to there mishandling of the pandemic while China's is still toddling along despite the initial setback. In the end, no matter how you see it, the USA isn't in a very good situation at all and if Trump continues to fight China's while ignoring all the problems at home (the unemployment, bankruptcies, pandemic, racism, etc.) in the near future, any further attempts at pissing of China is going to be pointless because by then, the house of cards would have been long burnt down with the occupants inside either being dead or just plan homeless. If the USA amped up the fight before the pandemic struck, they would have a far better chances, but now, the are rapidly losing time.

Also I do find it a bit silly that they claim that God is on there side despite breaking all of the ten commandments and basically crapping on the all the values that Jesus Christ stands for. You could even consider the current crisis in America as evidence of his disapproval and things are not likely to improve for a very long time if they keep committing atrocities while claiming that God are on their side.

The power elite, and the war planners and the Pompeo's of the world don't actually believe in God... they use "God" to manipulate others.. for them, religion, like propaganda and information warfare, are just merely another tool in their arsenal. Religion is not unlike democracy, it dumbs down the masses to make them easily influenced and receptive to brainwashing

 

[SoupDumplings]

Agreed. Obama is very anti-Chinese and his anti-China policy is based on military strategies. He realised that America is losing valuable time and money with all the wars in the middle East, while China was catching up in both military and economy. Hence the ' pivot to Asia (China)'.
With Trump, it's America first and to make America great again. He is a business man and his strategy is based on commerce. Unfortunately he is influenced by military hawks and Chinese haters. Now we get this tinderbox situation.
Another year of peace is another year gained for China, until Trump is able to convinced the quad or some Asian countries into joining a hot war. But this Covid pandemic may enforced a year or two of peace.

Actually, I think the Pivot to Asia was designed by Hillary Clinton. I don't think Obama was all that hawkish towards China, but Hillary designed the pivot and had the support of the navy (especially the admirals in the Pacific fleet). China was really lucky she didn't win in 2016. She would have been much more competent and ruthless than Trump. See her reaction to the death of Gadaffi.

Anyway, this is getting off topic for an economics thread. I'll stop now.

 

[Gatekeeper]

The poster is a troll here and he posted article from last year.

Also no one wins trade wars because of deadweight losses

Yes, and he claimed to have studied economics in Harvard! When he did nothing to critically analyse the writers Samuel T Kings' proposition. He just regurgitate his propostion.

I could pick on so many assumptions and assertions the writers have made. But I'll be here all day.

Simply stating China can't win a trade war is laughable. Any economists worth their salt would agreed. Indeed even China would agreed. This is because..... , and China has said on numerous occasions, NO ONE WINS a trade war!

So China can't win! But the USA can't win either. And this last bit is where the writers omitted (deliberate I feel) to mention. Any economics student would know a trade war is a loose loose proposition, just as trade deals is a win win proposition.

Talk about epic failure in critically analysis the situation! When I was a student in economics, my tutors favourite questions is.... 'critically analysis'.

 

[emblem21]

How can they take over as factory of the world when they can’t get COVID under control?

These days, they can write almost anything but with there inability to handle this crisis and there economies in shut a bad shape, it’s almost as though barking is all they know how to do.

 

[AssassinsMace]

Like I've said before... the desperate China-haters are deploying wife-beater tactics. They want everyone to forget China will be a continent size market on its own far larger than the US. Everyone wants to sell to China and that's most important because they need to make money. That will be the number one priority. They don't talk about how Taiwan is in a far worse predicament. Qualcomm is lobbying Trump to be able to sell chips to China that Taiwan is not allowed to. Taiwan knows its screwed as more and more US companies and other countries will get into producing chips that China uses meaning Taiwan's international market share continues to shrink. Taiwan's only hope as with all antagonists is China surrenders and the US takes over to shape China to its liking and then they will be able to sell to China. The only other way is war with China and hopes that the US can win. Both options not good hence it's all about pressuring China in hopes it surrenders. The US thought its dominance was forever hence why they created this system so that countries will always be dependent on them to sell things so they can make money to maintain their high standard of living. China has already proven the naysayers wrong from the beginning and it's about to replace the US as the biggest market in the world. The only way the US can stop it without war is to get all the countries of the world to stop trading with China. But the US system of dependency on them for countries to sell their goods in order for them to maintain and grow their standard of living now has a larger market around the corner to sell to. So the only ones left that might stick with the US are those that need Western values to still control the world. When you look at the history of the world , those that were more militaristic and oppressive were those that had little resources of their own. Meaning they were more likely to invade and occupy other countries because they needed resources where they had little or none at all at home. Most of those countries are in the West and their allies meaning they alone are not in control of those resources they need that China can compete to obtain.

 

[localizer]

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An article about Milton Friedman's visits to China and how Chinese leadership exposed themselves to "unpalatable" free market economics for the sake China's growth.

 

[emblem21]

The power elite, and the war planners and the Pompeo's of the world don't actually believe in God... they use "God" to manipulate others.. for them, religion, like propaganda and information warfare, are just merely another tool in their arsenal. Religion is not unlike democracy, it dumbs down the masses to make them easily influenced and receptive to brainwashing

I think those guys might want to be care in using Gods name like this. You never know when God is going to deal some serious judgement on those people