Chinese Economics Thread

Blitzo

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I saw this opinion article on the NZ herald's website (the most prominent newspaper in the country, for those who don't know). It's almost inherently biased, but it shows the train of throught from most of the western world towards China's economic power quite well.

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Garth George: NZ at mercy of hungry Chinese dragon

By Garth George 5:30 AM Thursday Apr 14

The thousands of words and hundreds of column centimetres this newspaper is this week devoting to a series entitled "China and Us" has done nothing so far but fill me with a deep sense of unease.

And I'm obviously not alone. In a nzherald.co.nz poll at the weekend asking, "is the increasing Chinese influence in New Zealand a positive thing?" of the nearly 11,000 readers who replied only 33 per cent said "yes" and 67 per cent said "no".

These nay-sayers will be, like me, folk who understand that "multiculturalism" is a bullshit word because there is no such thing.

Folk who are increasingly concerned at China's economic and migratory imperialism know that there is a fundamental truth in Kipling's immortal words: "East is East and West is West, and never the twain shall meet."

What bugs me about most of the palaver I have skimmed so far is that it's all so bloody mercenary.

I get the impression that China is our economic saviour and our relationship with that huge and densely populated communist nation is all good.

I read nothing of the fact that China is a totalitarian state which clings resolutely to Mao Zedong's version of Marxism-Leninism.

I read nothing of the fact that the multimillion-man People's Liberation Army, with its huge naval and air arms, owns and controls a significant proportion of China's industry and commerce.

I read nothing of the absence of human rights, as we understand them, in China and of the hierarchy's brutal suppression of any dissent. Yet we have seen evidence of that here in New Zealand during various visits by uppity Chinese mandarins.

I read nothing of the country's one-child edict, by which millions of girl children are aborted each year because everyone wants a son and which has already led to a vast and widening male-female disparity.

I read nothing of the fact that graft, corruption and bribery are endemic to Chinese politics, its military, business and commerce and that the acquisition of money, property and prestige is the overweening concern of its citizens.

I read nothing of the fact that the Chinese currency is rigidly controlled, to the benefit only of China, and that it is still undervalued in spite of being somewhat freed up in the middle of last year.

What increases my sense of unease is the story in this newspaper on Monday recording that Pacific Island nations have become indebted to China to the tune of some $800 million in what is described as a "secretive aid programme".

Vanuatu, Papua New Guinea, Fiji, the Cook Islands, Samoa and Tonga have all accepted multimillion-dollar "soft" loans for "infrastructure" purposes and experts believe that they will never be able to pay the money back. There's something sinister about that, even in the suggestion that China might "forgive" many of those loans.

If that's the case, the question has to be asked - what's in it for China?

Meanwhile, we are informed that 82 per cent of the country's clothing imports, 72 per cent of imported footwear, 58 per cent of toys and sports goods and 52 per cent of imported furniture come from China.

And, infinitely sadder, that buyers who stock the big retail chains say New Zealand production has almost disappeared. In fact, The Warehouse chain's sustainability manager, Trevor Johnston, predicts that the increase in imports from China "is going to change the face of New Zealand in a way people don't recognise right now".

"We are looking at deeper and deeper integration with their economy," he said. "I think the real change is going to come through immigration and investment and deeper economic integration, not only on the importing side but in Chinese capital taking root here. And, culturally, there will be more Mandarin speakers. Chinese culture will be much more visible."

It's all very well to say that this is just a businessman talking but the real problem is that New Zealand is now being run almost entirely as a business, with the emphasis always on "wealth creation" although we all know that wealth will end up in the hands of a few and the gap between rich and poor will continue to increase.

Elsewhere, the "China and Us" series makes this brief comment: "Arguably, despite the loss of jobs in formerly protected industries, these cheap Chinese imports have made us all better off - at least in the short term."

How sad that the loss of indigenous industries, some of them iconic, which have been forced out of the market or have moved their production to China or elsewhere in Asia, with the loss of hundreds of thousands of Kiwi jobs, can be dismissed so cavalierly.

It is time our politicians and business leaders had a cup of tea and took a really long-term look at our relationship with this ancient Asian monstrosity.

The headline on one of Saturday's articles was "The kiwi and the dragon". It might pay to remember that a kiwi would make a very small, but very tasty, meal for a hungry dragon.

I'm not sure if China can do anything to try and change this kind of attitude... or if they should try to change it at all.
 

pugachev_diver

Banned Idiot
Chinese are yellow and are inferior in the eyes of most Westerners. This a fact and it won't change for a long long time. New Zealand and Australia are very traditional English colonies, even today, are still still very Euro-centric. The despise and look down upon to the Chinese begun in the mid 1800s, with the decline of the Chinese empire during the opium. This further developed into dislike and suspicion with the takeover of Communists. This is understandable, as this type of feeling exists naturally in old world cultures.
Canada and the US on the contrary, are very open to new cultures, as itself is made up of a variety of integrated people. The dislike and suspicion more came out of China's Communism and their own national interest, instead of racism we see in NZ and Australia.
This whole cultural presence will take a long time to dissipate, at the same time, East Asia itself has to remain strong.
On the other hand, the Middle East is a great example of this remnant problem. The hatred is still ongoing, still rampaging since the first crusade. The West and the MiddleEast still see each other as the devil, both culturally, politically, and geographically.
This whole trend around the world is kind of sad, as we all came from the same ancestor, some in Africa, about 160,000 years ago. This is scientifically proven by a large project funded by the National Geographic Channel.

I just watched a documentary on the Nazis in America, it's funny that they still believe in white superiority. I wonder what would they say ten thousand years from now, when the Caucasian population of Hawaii and Southern California all turn black due to the climate. What would they say by then?
 

antiterror13

Brigadier
"Chinese are yellow and are inferior in the eyes of most Westerners. This a fact and it won't change for a long long time"

Japanese and Korean also yellow
 

bladerunner

Banned Idiot
I saw this opinion article on the NZ herald's website (the most prominent newspaper in the country, for those who don't know). It's almost inherently biased, but it shows the train of throught from most of the western world towards China's economic power quite well.

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I'm not sure if China can do anything to try and change this kind of attitude... or if they should try to change it at all.

Im For NZ first, The less we have to depend on China/India/ USA in trade the the better. Sorry to add insult to injury Blitzo but remember when Hilary came over here a while back and we rekindled our friendship deal with uncle sam. As the herald was so quick to point out that means despite all the assurances the politicos say, "Where america goes so does NZ".
 

AssassinsMace

Lieutenant General
I had a debate with a Japanese in another forum and he let it slip that he thought Chinese were inferior because they weren't white.
 

Martian

Senior Member
Globalization ignores biased New Zealand dinosaurs

I saw this opinion article on the NZ herald's website (the most prominent newspaper in the country, for those who don't know). It's almost inherently biased, but it shows the train of throught from most of the western world towards China's economic power quite well.

Please, Log in or Register to view URLs content!


I'm not sure if China can do anything to try and change this kind of attitude... or if they should try to change it at all.

I advise everyone to ignore hatemongers. Globalization cannot be reversed. Multinational corporations in every country have achieved unparalleled scale, lowest labor cost, and unprecedented profits.

U.S. multinationals are reaping enormous overseas profits (e.g. KFCs, Coca Cola, GM cars, forthcoming Walt Disney theme park in Shanghai, etc.) from China. Conversely, China is also benefiting from the international business division of labor and experiencing high employment.

In conclusion, the biased dinosaur from New Zealand is welcome to withdraw from the WTO whenever his country desires. No one is compelling New Zealand's participation in world trade. At an individual level, the dinosaur from New Zealand is free to boycott any "Made in China" product and purchase a more expensive substitute from a country of his choice.
 
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Blitzo

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Im For NZ first, The less we have to depend on China/India/ USA in trade the the better. Sorry to add insult to injury Blitzo but remember when Hilary came over here a while back and we rekindled our friendship deal with uncle sam. As the herald was so quick to point out that means despite all the assurances the politicos say, "Where america goes so does NZ".

Insult to injury? Err I don't feel insulted or injured from anything that I've read on that article... or the strengthening of ties between NZ and the US last year? o_O

(And winston peters? Really? He'll have a tough time getting back in the house :O )
 

bladerunner

Banned Idiot
Insult to injury? Err I don't feel insulted or injured from anything that I've read on that article... or the strengthening of ties between NZ and the US last year? o_O

(And winston peters? Really? He'll have a tough time getting back in the house :O )

No I dont mean the political party I meant the Country and its peoples interests.

Also what I meant was that a whole lot of people were predicting that NZ was leaning towards Chinas direction in poltical matters but with our new agreement with america NZ will place a lor more consideration towards Americas unlike the period under anti America Helen Clarke and her predecessors when weve tended to give Uncle Sam the fingers.
 
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