Chinese Economics Thread


Janiz

Junior Member
As China grows economically, so will the region.
Indeed, the Four Asian Tigers happened thanks to PRC...

It was Japan (mainly) and US behind that and that's not a secret.

PRC and USRR created North Korea in the meantime.

No need for publicity here.

There's wide difference in the approach between both sides and it haven't changed since the Cold War.
 

Hendrik_2000

Brigadier
Indeed, the Four Asian Tigers happened thanks to PRC...

It was Japan (mainly) and US behind that and that's not a secret.

PRC and USRR created North Korea in the meantime.

No need for publicity here.

There's wide difference in the approach between both sides and it haven't changed since the Cold War.

Nope Hongkong get rich because it act as intermediary between China and the rest of the world. It has nothing to do with Japan. Hongkong handle all the monetary transaction between China and the rest of the world when China was closed to outside world. Then there is the shipping and plastic,toy,textile company most of them are founded by refugee from Shanghai. Latter on alot of riches are made in real estate. Good British government combined with Chinese hard work ,entrepreneurial spirit make Hongkong rich I don't see Japanese involvement AT ALL!

Singapore get rich because the inefficiency of the neighboring country.Early on Singapore get rich because of efficient port , Banking and oil processing center . Latter on they branch into Electronic manufacturing.Chemical, Wealth management etc. Again nothing to do with Japan

Malaysia get rich because of natural bounty of rubber and oil and latter on electronic manufacturing

Maybe Korea but again most Korean company like Samsung,Hyundai,Daewoo,Lotte are all Korean own They might have close relation with Japan early on But it is wrong to give credit to Japan for Korean miracle They did it themselves.Even today most of Chaebol(Conglomerate) are Korean. It will be insult to Korean if you tell them Japan help them.

In Taiwan japan provide a good infrastructure and good agricultural foundation But that is because Taiwan was once Japanese colony. IN the 60's Thousand of Taiwan student went to US and study electronics , many of the return back to Taiwan and founded the electronic industry that is the basis of Taiwan prosperity

Japan may provide technical and financial assistance thru Asian development bank But considering the devastation that was brought by Japanese invasion that is the least they can do as sign of contrition
 
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taxiya

Colonel
Registered Member
Indeed, the Four Asian Tigers happened thanks to PRC...

It was Japan (mainly) and US behind that and that's not a secret.

PRC and USRR created North Korea in the meantime.

No need for publicity here.

There's wide difference in the approach between both sides and it haven't changed since the Cold War.
Are you trying to claim the credit of others for yourself? You sound like saying "thank me for letting you to sell your blood-sweat work to me".o_O

The four tigers earned their wealth by their hard working, not because of Japan's act. The four tigers will earn their wealth even if Japan was not there. The US did opened her market to the four tigers, not Japan. But even the opening of market is kind of taking advantage of cheaper labor offered by the four tigers, not really a contribution.

The bottom line is the four tigers owes nothing to Japan or US.

As China grows economically, so will the region.
This only means by working together China and the rest of the region will grow together. How did you interpret it to mean China give the region its growth is beyond everybody, probably from your usual condescending altitude towards other people.
 

advill

Junior Member
Janiz this is the 21st Century, not the 19th or early 20th Century where the Western colonials occupied parts of China & Asia including the Philippines (what a nice name sounding the Americans then gave "US Commonwealth of the Philippines" during its administration). BTW, the rise of the Asian Tigers were also dependent on their own strengths & capabilities. I hope you know what WTO means, & also have insights into possible trade isolationist policies of Trump. FYI, the USSR is no more (it's Russia now) and China is modern with an open market policy since mid-1970s. Incidentally, what happened in Iraq, Libya & the ME in general? Bush era, others? - all Peaceful now? If not who is to blame? The new Cold War and hopefully NOT Real War/Hostilities could possibly start with the incoming hawkish aspirations of the Trump's Administration. Suggest you to update your historical facts and understand economic issues.
 

Janiz

Junior Member
I thought that you would use the argument that US can't even keep the peace in it's own neighbourhood like Mexico. That would be better than this annoying 'US this or that bad'. Wait 20 years and PRC will have the same story behind as it already has in modern history.
 

Equation

Lieutenant General
I thought that you would use the argument that US can't even keep the peace in it's own neighbourhood like Mexico. That would be better than this annoying 'US this or that bad'. Wait 20 years and PRC will have the same story behind as it already has in modern history.

PRC don't bother with regime changing, so you might as well wait for another 200 years or so to see any viable evidence.:rolleyes:o_O
 

Equation

Lieutenant General
Anyway, back to the thread main topic.

[QUOTE
Trump to cede millions of high-wage jobs to China
Beijing will create 13 million jobs by 2020, investing $360 billion in clean energy, while Trump vows to abandon the sector.


Renewable energy jobs in select countries (excluding large hydropower). CREDIT:
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China is preparing to go big on the only major new source of sustainable high-wage employment in the coming decades.

Beijing’s newest 5-year energy
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invests a stunning 2.5 trillion yuan ($360 billion) in renewable generation by 2020. Of that, $144 billion will go to solar, about $100 billion to wind, $70 billion to hydropower, and the rest to sources like tidal and geothermal power.

The Chinese National Energy Administration said in a
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the resulting “employment will be more than 13 million people.”

China is already doing way better than the U.S. in this regard, and President-elect Trump’s commitment to opposing clean energy will not make things any better. As the International Renewable Energy Agency (IRENA)
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, China already has over 40 percent of all jobs in renewables, globally, while the U.S. has under 10 percent (see chart above).

We know clean energy jobs are the only major new source of sustainable high-wage employment in the coming decades for several reasons.

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First, the rapid price drops in the core technologies have made clean energy a
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. Second, the nations of the world unanimously committed in Paris to do what it takes to avoid catastrophic warming. That means running the entire world on carbon-free power by the century’s end.

A recent study
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a “tenfold jump” in clean energy technologies is needed to meet global emissions targets. That’s a $50 trillion (or
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) commitment in the coming decades. So we are talking tens of millions of new jobs, something
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.

No wonder China decided to be the leader in both manufacturing and deployment of solar and wind power. And no wonder they have made an equally large bet on batteries and electric vehicles (EVs), which is how they blew past both the U.S. and Europe in total sales back in 2015.



CREDIT: Argonne National Laboratory (via Wikipedia)
China
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electric car sales in 2016, and the Beijing is aiming at a 1,000 percent sales increase by 2025 — some 3 million new EVs a year. To achieve that, “
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subsidies that can total 60 percent of an electric-car’s sticker price,” Bloomberg News reported.

Third, the fossil fuel industry simply has no sustainable growth model. Advanced batteries could “tip the oil market from growth to contraction earlier than anticipated,” credit rating agency Fitch concluded
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. Bloomberg New Energy Finance
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investors to expect the “big crash” in oil by 2028 — and as early as 2023.

Yet, despite the fact that President-elect Trump promised to bring back coal jobs, that goal is quite simply
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, even if he succeeds in temporarily slowing the explosive growth of clean energy.

The “real war” on coal workers was waged “by the coal industry itself,” Nobel prize-winning economist Paul Krugman explained
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. “Strip mines and machinery in general have allowed us to produce more coal with very few miners.”



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Even Senate Majority Leader Mitch McConnell (R-KY)
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after the election that it’s unlikely substantial coal jobs will be coming back.

Yet while China understands there’s a relatively short window of time to achieve global leadership in the core carbon-free technologies, Trump promised to kill U.S. climate action while
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.

So while Trump might extend a short-term lifeline to the dirty fuels of the past, millions and millions of the jobs of the future will apparently be captured by more forward-looking countries … like China.

][/QUOTE]

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