Chinese Economics Thread

[taxiya]

but had no idea about what's happened in

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WOW, it is surprising that you did not know this. That is the very beginning of the whole China-open-up-to-the-world story. Where were you in the last 4 decades?(teasing but no offense intended) P.S. Shenzhen began to change from the early 1980s.

However, it becomes less surprising to me of your past understanding/statement about China (being same same as old USSR) given your lack of information.

I wish you travel through China and her neighbors, such as Myanmar as you mentioned earlier, or other SE countries (besides Thailand frequented by westerns). You will probably be surprised.

 

[Blackstone]

I don't understand what Obama's long term goal is when he decides to block these things. As mentioned by many posters here, past experience tells us that any attempt to block these technologies would simply push China harder to be creative itself. And in most cases, China comes up with better stuff in the end. This has happened so many times. I wonder why Obama is still doing the same thing. Hasn't he learned anything in the past 8 years?

Is Obama's strategy simply to delay China for a few years? that is hardly a long term goal by any means. It achieves nothing except antagonizing China, which in itself achieves nothing...

I think the crux of the issue is US doesn't want to give up primacy in Asia and has no interest in sharing power with China to jointly lead Asia. It's completely understandable form an American national interest perspective. Problem is, US no longer has the overwhelming economic, political, cultural, and military it once enjoyed, and deep inside, Beltway mandarins know they're tilting windmills. Nevertheless, American elites are too proud to compromise with Beijing elites, so the awkward kabuki dance goes on and on until both sides are too tired to continue. Winston Churchill once said Americans will always do the right thing- after exhausting all the alternatives. I surmise that's the case here.

 

[vesicles]

I think he doesn't have any long term strategy for US, neither Trump or anybody afterwards. A institutional problem, 4 to 8 years in white house then to sabotage the opposite party's strategy is the only thing these guys do. No policy continuation after 8 years (a short term).

On a personal level, I never blame an individual U.S. president for lacking of long time vision. If we put Xin or Putin in the white house, they will not fare any better.

I think any leader must juggle between immediate needs and long term needs of his/her people. No leader can ignore what people think of him at the moment. That include Xi and Putin.

There must be long term goals for the US government. I have no doubt about that. No one person can succeed without a long term goal. No one nation can survive without a long term strategic goal. The democratic system might force leaders to focus more near terms, but everyone must have long term plans. A good example would be Eisenhower's decision to build interstate highway systems. It was a long term investment when they made the decision to do it and it was a long term investment when they finished it.

 

[tidalwave]

Before US use military usage or dual use excuses to block China from accessing certain tech. Now the glove is off, it's blocking due fear losing economic hegemony.

China's goal in semiconductor is not to sell chips to US but to have 75% self sufficiency at its own market. US won't allow that to happen because that would take away alot of US chip companies revenues at China market. Worst yet, economic hegemonic crying protectionism.

Truth finally revealed.

 

[taxiya]

I think any leader must juggle between immediate needs and long term needs of his/her people. No leader can ignore what people think of him at the moment. That include Xi and Putin.

There must be long term goals for the US government. I have no doubt about that. No one person can succeed without a long term goal. No one nation can survive without a long term strategic goal. The democratic system might force leaders to focus more near terms, but everyone must have long term plans. A good example would be Eisenhower's decision to build interstate highway systems. It was a long term investment when they made the decision to do it and it was a long term investment when they finished it.

it can be done and has been done as you suggested the interstate highway project, that was based on the common consensus set and agreed by the whole country from all political spectrum, a joint project by the two parties at the time.

It is just, that kind of common consensus does not seem to have been reached at this moment. To make any future projects or objectives work, they have to be quick before it is too late. I am willing to be proven wrong to be pessimistic.

 

[AssassinsMace]

Making sure China doesn't dominate the market with cheaper hi-tech alternatives is a worse threat than China being self-sufficient. The first goal is to make sure China doesn't get that technology. The second is if China does, make sure the world doesn't buy it by for instance stigmatizing the quality. If the US/West can't sell their more expensive versions, that's the end of their economic supremacy in this world.

Obama is in panic mode over his legacy. Look at how people are still blaming Bill Clinton for any technological advancements by China because they charge he basically gave China all of it. Obama is all out to prevent that from happening to him too.

 

[Jura The idiot]

I'm surprised that you as a long and regular member of SDF don't know this. Its not just Shanghai and Shenzhen ...

... and this points I've begun to wonder what I actually know about the geography of China LOL and realized it's not much; off top of my head (I won't be checking spelling here):

• I can't name any rivers except of the Yangtze, the Yellow River (plus the Mekong)
• I can't name any mountains except of Mount Gongga (plus the highest two in the world)
  
• OK I know the three seas (but only recently became aware of Bohai Sea

and it'll get worse: now I looked at

and I would've correctly placed just Inner Mongolia, Xinjiang, Tibet, Yunnan, Sichuan ... Guangdong (plus Beijing, Shanghain and the islands) and that's it

even funnier is

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when I failed already in top-five LOL! (didn't know

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which has a population close to that of Poland!!)

so this perhaps explains Yesterday at 12:08 PM

I kinda expected the change for Shanghai:

but had no idea about what's happened in

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:

yeah this time I deserve to be criticized

 

[tidalwave]

Shenzhen to layoff 3000 workers in China as US sanction looms.
US sanctions ZTE for selling equipments with US parts to Iran.

US will not allow US semiconductor components to be sold to ZTE.

As a result ZTE have to layoff 3000 workers in China.

That's the danger of using US semiconductor chips. Definitely a good lesson for ZTE.

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[SamuraiBlue]

Making sure China doesn't dominate the market with cheaper hi-tech alternatives is a worse threat than China being self-sufficient. The first goal is to make sure China doesn't get that technology. The second is if China does, make sure the world doesn't buy it by for instance stigmatizing the quality. If the US/West can't sell their more expensive versions, that's the end of their economic supremacy in this world.

Obama is in panic mode over his legacy. Look at how people are still blaming Bill Clinton for any technological advancements by China because they charge he basically gave China all of it. Obama is all out to prevent that from happening to him too.

The west doesn't need to finding various malware in the Chinese smart phones sold on the market already.
Same with the servers I believe ZTE was accused of couple of years ago.

 

[taxiya]

The west doesn't need to finding various malware in the Chinese smart phones sold on the market already.
Same with the servers I believe ZTE was accused of couple of years ago.

Another cheap shot from you.
I wonder who, whose server and whose spyware Mark Zuckerberg was afraid of by covering the webcam of his laptop, it is a MacBook.

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