Chinese Economics Thread

hullopilllw

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No need for help from other countries if the US alone had so much power over China. The US trying to outsource the pain so the US can feel like it doesn't hurt much and go on thinking the US is omnipotent. Closing the Chinese Houston consulate is from the Cold War playbook. Problems is the Soviet Union wasn't the economic engine of the world. Has US actions against China stopped China's economy? Did it stop China from launching a rocket to Mars? How about stopping investment into Chinese technology? They'll try to take credit for that too by believing Americans are the ones investing billions but Trump has been threatening to cut-off American investments into China. It's means there's confidence in China. Trump's technology blacklist was about stopping everyone in the world including in China itself from investing into Chinese technology. It says people see Chinese independence from the US more likely than the US destroying China's economy. Do we see US tech being flooded with money. If it's happening, it's minimal not enough to get the attention of the media. Does anybody think the US will not be demanding China buy US treasuries and bonds to help in their recovery after the US has been threatening not to payback to China the ones it holds now? How about all the other countries that need China to buy their products for the well-being of their economies? Hence why the US is relegated to throwing it out there that the world has to gang-up against China and not a matter of fact now.

Read the nonsense by Romney. For non tech stuff, china has to play by the 'rule' and buy more. But for tech stuff, or any other sectors which US feel like it , the countries that follow fair trade practices should not buy products from countries that “had military designs against the West.” thus implying US has the moral obligation to keep monopoly.

isnt that a one way win-lose solution ?

All animals are equal, but some animals are more equal than others.
 

Petrolicious88

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What happened to threats of more tariffs if China doesn't buy US lobsters? What happened to slapping tariffs on the rest of China's exports to the US...? If the US had all the leverage and wouldn't suffer, why not? Trump has to resort to symbolism now like closing the Chinese consulate in Houston. It doesn't hurt the US until China retaliates and they always rather believe China wouldn't dare because they want to believe they're the ones in control.
What happened? Corona happened.
 

Weaasel

Senior Member
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Read the nonsense by Romney. For non tech stuff, china has to play by the 'rule' and buy more. But for tech stuff, or any other sectors which US feel like it , the countries that follow fair trade practices should not buy products from countries that “had military designs against the West.” thus implying US has the moral obligation to keep monopoly.

isnt that a one way win-lose solution ?

All animals are equal, but some animals are more equal than others.

China should only buy, produce, and research what the United States dictates...
 

emblem21

Major
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That was to prevent China from getting lithium from Bolivia to make batteries for its EV to export to the world...
China should only buy, produce, and research what the United States dictates...
Sooner or later, no one is going to follow the US in any of those categories. I am who is stupid enough to follow Trumps way of handle this pandemic. I mean look at India and Brazil for reference
 

Weaasel

Senior Member
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Sooner or later, no one is going to follow the US in any of those categories. I am who is stupid enough to follow Trumps way of handle this pandemic. I mean look at India and Brazil for reference

The United States believes that it can variously reward or threaten other countries into submission with its policies on China, even those that do not have long term controversial relations or disputes with China.
 

emblem21

Major
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The United States believes that it can variously reward or threaten other countries into submission with its policies on China, even those that do not have long term controversial relations or disputes with China.
This kind of behavior isn't going to be reward any more since the consequences of there bullying is happening right now, no nation wants any of there citizens in there backyard, even their allies don't want anyone from the US in there so now the US is completely on there own to fix there mess
 

muddie

Junior Member
The U.S. can get close allies like UK, Australia and Canada to antagonize China simply because the U.S. has tremendous influence other those 3 countries. All 3 countries have already forgone their own interests and suffered economic bloodshed to antagonize China for the U.S.'s benefit. As of right now, it's harder for the U.S. to convince second tier allies like Germany, France, SK and Japan to forego their economic interests and follow the same path.

The reason for UK/Canada/Australia is because maintaining good relations with the U.S. is more important than maintaining good relations with China. For example, 70%+ of Canada's exports are to the U.S., so if countries like Canada and Australia don't do what the U.S. wants, the implications are worse than any Chinese retaliation.

Current governments of the Quad don't like Trump's administration, especially if U.S. actions are hurting economic interests, but since they are caught in the crossfire, they will still appease the U.S. in the meantime but are hoping for a Biden administration.

The rhetoric of the U.S. has recently changed after COVID, where the Trump administration is now calling for a "united front" against China because the U.S. wants to dilute any potential economic fallout, basically spreading the pain. IMO current U.S. hostilities against China are designed to provoke a strong Chinese response, especially one that would hurt interests of neutral countries, so the U.S. can further justify action against China.
 

Tyler

Captain
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The U.S. can get close allies like UK, Australia and Canada to antagonize China simply because the U.S. has tremendous influence other those 3 countries. All 3 countries have already forgone their own interests and suffered economic bloodshed to antagonize China for the U.S.'s benefit. As of right now, it's harder for the U.S. to convince second tier allies like Germany, France, SK and Japan to forego their economic interests and follow the same path.

The reason for UK/Canada/Australia is because maintaining good relations with the U.S. is more important than maintaining good relations with China. For example, 70%+ of Canada's exports are to the U.S., so if countries like Canada and Australia don't do what the U.S. wants, the implications are worse than any Chinese retaliation.

Current governments of the Quad don't like Trump's administration, especially if U.S. actions are hurting economic interests, but since they are caught in the crossfire, they will still appease the U.S. in the meantime but are hoping for a Biden administration.

The rhetoric of the U.S. has recently changed after COVID, where the Trump administration is now calling for a "united front" against China because the U.S. wants to dilute any potential economic fallout, basically spreading the pain. IMO current U.S. hostilities against China are designed to provoke a strong Chinese response, especially one that would hurt interests of neutral countries, so the U.S. can further justify action against China.
If countries like Canada and Australia don't do what the U.S. wants, the US can do little. Are they going to stop buying from Canada and Australia and buy more from China instead?
 

bajingan

Senior Member
What i don't understand is what can australia get by bending over backwards to appease the us and antagonize China their no 1 trading partner and the main buyer of its exports? Already australia economy is in the worst shape since ww2 due to covid19, don't they need China more than ever?
 
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