antiterror13
Brigadier
I think it is already happening of banning those people entering PRC
Chinese Economics Thread
- Thread starter Norfolk
- Start date
I think it is already happening of banning those people entering PRC
Very good. They got what they wanted and deserve with extra payback. Let's see how this affects their career aspiration as they are now worthless to their colonial master.
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Jura The idiot
General
Jura The idiot
General
Thursday at 8:57 PM
"... Trump also expressed hope the move would jolt US-China trade talks, which have proceeded haltingly since his meeting with Xi in June, much to Trump's frustration.
But that doesn't appear to have happened. On Thursday, China threatened to retaliate if the US issues new tariffs on $300 billion of Chinese-made products. A statement from the Ministry of Finance didn't mention the delay."
in the end of
Aides got Trump to delay tariffs by telling President it could 'ruin Christmas'
related is
"... Trump also expressed hope the move would jolt US-China trade talks, which have proceeded haltingly since his meeting with Xi in June, much to Trump's frustration.
But that doesn't appear to have happened. On Thursday, China threatened to retaliate if the US issues new tariffs on $300 billion of Chinese-made products. A statement from the Ministry of Finance didn't mention the delay."
in the end of
Aides got Trump to delay tariffs by telling President it could 'ruin Christmas'
Jura The idiot
General
Rate vs. Mass of Surplus Value
Economist David Harvey has some deep insight about Chinese economic policy in recent years and what it means regarding China's future economic plans and China's relation with the United States. David Harvey states that economic value is transferred from high labour intensity to high capital intensity regions. This transfer manifests as value transfer from poor labour intensive regions subsidizing richer capital intensive regions. This applies to both intranational trade and international trade. For example: rural inland of China and coastal cities, or Bangladesh/China and the US/EU. The US lead world economic system dictates which countries are allowed to use capital intensive economic system to defend their advantageous position as capital intensive economies. Made in China 2025 is a declaration that China will no longer subsidize the west by providing them cheap labour. China will switch to capital intensive production and compete against the entrenched capitalist-imperialist powers and attacking the last profitable sectors remaining in the so called developed world. Domestically, knowing that labour subsidizes capital and poor subsidizes rich, China is pursuing policy to reduce rural urban divide so that rural labour can enjoy better quality of life and retain more fruits of labour. It is seeking to alleviate the problems created by reform and opening up. Made in China 2025 and the two centenary goals of alleviating poverty and constructing a moderately prosperous socialist society are ambitious projects that seek to correct centuries of uneven economic development and give Chinese people mastery over the product of their labour.
Economist David Harvey has some deep insight about Chinese economic policy in recent years and what it means regarding China's future economic plans and China's relation with the United States. David Harvey states that economic value is transferred from high labour intensity to high capital intensity regions. This transfer manifests as value transfer from poor labour intensive regions subsidizing richer capital intensive regions. This applies to both intranational trade and international trade. For example: rural inland of China and coastal cities, or Bangladesh/China and the US/EU. The US lead world economic system dictates which countries are allowed to use capital intensive economic system to defend their advantageous position as capital intensive economies. Made in China 2025 is a declaration that China will no longer subsidize the west by providing them cheap labour. China will switch to capital intensive production and compete against the entrenched capitalist-imperialist powers and attacking the last profitable sectors remaining in the so called developed world. Domestically, knowing that labour subsidizes capital and poor subsidizes rich, China is pursuing policy to reduce rural urban divide so that rural labour can enjoy better quality of life and retain more fruits of labour. It is seeking to alleviate the problems created by reform and opening up. Made in China 2025 and the two centenary goals of alleviating poverty and constructing a moderately prosperous socialist society are ambitious projects that seek to correct centuries of uneven economic development and give Chinese people mastery over the product of their labour.
AssassinsMace
Lieutenant General
If only the Chinese on the mainland knew the truth about how Trump measures him winning the trade war by how much he can destroy China, then the Chinese people would help Trump. Yes the Chinese want to be their slaves and the evil Chinese government is preventing that from happening.
Trump ignores the most basic economy rules. China is having succes not beacause it is a poor country but because of its culture, people and market dimension. Chinese are not vietnamese or mexicans exactly like americans are not germans or italians.
HO CHI MINH CITY, Vietnam—With the , this should be Vietnam’s time to shine. Instead, it is becoming increasingly clear that it will be years, if ever, before this Southeast Asian nation and other aspiring manufacturing destinations are ready to replace China as the world’s factory floor.
for smartphones and aluminum ladders and vacuum cleaners and dining tables are . Factories with U.S.-focused safety certifications and capital-intensive machinery aren’t as easy to find.
And Vietnam, with less than one-tenth China’s population, is already running into labor shortages as global manufacturers rush to set up shop here to avoid U.S. tariffs.
“China has a 15-year head start—whatever you want, someone’s doing it,” said Wing Xu, the operations director for Omnidex Group, which helps make large pumps for Pennsylvania-based industrial equipment manufacturer McLanahan Corp.
Omnidex has shifted some production to Vietnam, but out of more than 80 parts of a pump used in mining operations, factories here have been able to begin work on only 20 so far because molds must be created from scratch.
“You can’t just shift your business to Vietnam and expect to find what you’re looking for,” she said.
between the world’s two largest economies. Few companies are planning to leave China altogether, but those that heavily clustered production in the country are urgently looking to diversify.
Some companies are relocating parts of their production lines to Southeast Asian countries or elsewhere, while continuing to manufacture in China for the Chinese and non-U.S. markets, a strategy they call “China+1.” Others with huge orders are hoping to nudge their Chinese suppliers to move operations out of China.
s a result, a new global manufacturing landscape is starting to take shape, executives say. Production leaving China is getting divvied up among developing countries, with a small portion going to the U.S. on the back of automation. The reordering of supply chains is likely to leave China with a diminished but still significant share of the pie.
The creation of new industrial clusters won’t happen overnight. Vietnam offers cheap labor, but its 100-million population is small compared with China’s 1.3 billion, and its roads and ports are already clogged. India has the manpower, but skill levels fall short and government rules are relatively restrictive.
“The question everyone is asking is: ‘Where should we go?’ ” said Giang Le, a Singapore-based analyst for strategic consulting firm Control Risks. “The answer is not obvious.”
alifornia-based camera-maker while keeping its China operations for other markets. Inc., which is based in Arizona and makes smart-home technology, has a new partner in the Philippines and is also expanding operations in Monterrey, Mexico.
Hong Kong-listed Techtronic Industries Co. Ltd., which makes Hoover vacuum cleaners, will set up a new plant in Vietnam and add capacity to its Mississippi operations. It will maintain some production in China for at least a decade, the company said.
The Chinese model of the past 20 years thrived on suppliers being close to each other, making production quicker, less expensive and more efficient. Now, as operations become more fragmented, they are threatening to raise costs, stretch delivery times and expose companies to multiple tax and labor regimes.
mpanies are starting to focus on the intricate rules that govern how much of a product needs to be manufactured in a country, say Vietnam, to be considered “Made in Vietnam,” said Willy C. Shih, an economist specializing in manufacturing at Harvard Business School. “The era of the benign trading environment is over,” he said.
HO CHI MINH CITY, Vietnam—With the , this should be Vietnam’s time to shine. Instead, it is becoming increasingly clear that it will be years, if ever, before this Southeast Asian nation and other aspiring manufacturing destinations are ready to replace China as the world’s factory floor.
for smartphones and aluminum ladders and vacuum cleaners and dining tables are . Factories with U.S.-focused safety certifications and capital-intensive machinery aren’t as easy to find.
And Vietnam, with less than one-tenth China’s population, is already running into labor shortages as global manufacturers rush to set up shop here to avoid U.S. tariffs.
“China has a 15-year head start—whatever you want, someone’s doing it,” said Wing Xu, the operations director for Omnidex Group, which helps make large pumps for Pennsylvania-based industrial equipment manufacturer McLanahan Corp.
Omnidex has shifted some production to Vietnam, but out of more than 80 parts of a pump used in mining operations, factories here have been able to begin work on only 20 so far because molds must be created from scratch.
“You can’t just shift your business to Vietnam and expect to find what you’re looking for,” she said.
between the world’s two largest economies. Few companies are planning to leave China altogether, but those that heavily clustered production in the country are urgently looking to diversify.
Some companies are relocating parts of their production lines to Southeast Asian countries or elsewhere, while continuing to manufacture in China for the Chinese and non-U.S. markets, a strategy they call “China+1.” Others with huge orders are hoping to nudge their Chinese suppliers to move operations out of China.
s a result, a new global manufacturing landscape is starting to take shape, executives say. Production leaving China is getting divvied up among developing countries, with a small portion going to the U.S. on the back of automation. The reordering of supply chains is likely to leave China with a diminished but still significant share of the pie.
The creation of new industrial clusters won’t happen overnight. Vietnam offers cheap labor, but its 100-million population is small compared with China’s 1.3 billion, and its roads and ports are already clogged. India has the manpower, but skill levels fall short and government rules are relatively restrictive.
“The question everyone is asking is: ‘Where should we go?’ ” said Giang Le, a Singapore-based analyst for strategic consulting firm Control Risks. “The answer is not obvious.”
alifornia-based camera-maker while keeping its China operations for other markets. Inc., which is based in Arizona and makes smart-home technology, has a new partner in the Philippines and is also expanding operations in Monterrey, Mexico.
Hong Kong-listed Techtronic Industries Co. Ltd., which makes Hoover vacuum cleaners, will set up a new plant in Vietnam and add capacity to its Mississippi operations. It will maintain some production in China for at least a decade, the company said.
The Chinese model of the past 20 years thrived on suppliers being close to each other, making production quicker, less expensive and more efficient. Now, as operations become more fragmented, they are threatening to raise costs, stretch delivery times and expose companies to multiple tax and labor regimes.
mpanies are starting to focus on the intricate rules that govern how much of a product needs to be manufactured in a country, say Vietnam, to be considered “Made in Vietnam,” said Willy C. Shih, an economist specializing in manufacturing at Harvard Business School. “The era of the benign trading environment is over,” he said.