Chinese Economics Thread

localizer

localizer

Colonel
Registered Member
AssassinsMace said:
Well the US can't organize anything economically against China without Europe. So just as long as Europe doesn't go along with the US, that is a huge roadblock against the US.
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hashtagpls said:
The same people who think China is dependant on australian metallurgic coal for power supplies are the same people who believe the 3 gorges dam broke and flooded and that china needs to import indian rice to survive.

And also,

Rebuttal for those who say that China gave up heaps for the status quo with Europe:
https://twitter.com/i/web/status/1344378262923870208

This deal allows for Chinese investment into european companies, companies i presume like ASML or airbus.

And given the copious amounts of Copium being inhaled by the atlanticist press, i can only presume this REEEing is a Good Thing for China.
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If you believe in free trade principles, all you have to do is remain open by yourself.

If the other party chooses to be closed, then they lose out.


It's a hard lesson China learned after all those years of isolation.

That's why Xi keeps saying China will be more and more open. BRI, RCEP, this, and lots of upcoming reforms hopefully.
 
j17wang

j17wang

Senior Member
Registered Member
Petrolicious88 said:
That’s true. The EU needs China. China needs the EU. But any deal or agreement must be win-win and fair.
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Its fine. EU at most is a region of 400 million people of potential high income. Once china grows to at least 700-800 million people of high income, we can always renegotiate from a position of strength.

China still needs access to technology, we can't make the same mistakes as the russians and get sanctioned on all sides. That set back russia over 5 years. In another 10 years we can renegotiate from a period of strength, preferably in concert with an even stronger Pakistan, Iran, and Russia as part of an eastern block.
 
j17wang

j17wang

Senior Member
Registered Member
hashtagpls said:
The same people who think China is dependant on australian metallurgic coal for power supplies are the same people who believe the 3 gorges dam broke and flooded and that china needs to import indian rice to survive.

And also,

Rebuttal for those who say that China gave up heaps for the status quo with Europe:
https://twitter.com/i/web/status/1344378262923870208

This deal allows for Chinese investment into european companies, companies i presume like ASML or airbus.

And given the copious amounts of Copium being inhaled by the atlanticist press, i can only presume this REEEing is a Good Thing for China.
Click to expand...

Chinese companies will probably be restricted from investing into ASML or airbus anyways. Either way, I could still see even an off-sided investment agreement as being fundamentally beneficial to china.

Think about it this way, if a European company invests in a chinese company, they arent exactly likely to shut down the factory and move elsewhere to manufacture something for cheaper. Likely they will just invest more within China or export chinese production elsewhere.

The Europeans are rightfully concerned that a chinese company would buy a european company and then ship off the jobs back to china, hollowing out industrial capabilities in the homeland. Its still a possibility that europeans would do that to china, but chances are orders of magnitudes less, especially as outsourcing to europe is more expensive.

Also, it does make sense to open up chinese sectors to outside investment as some management practices at chinese firms do lag behind. Alot of times, we find its not technical capabilities but managerial sense where alot of chinese companies are lacking.

Ultimately, if there is a cold war between the US and China, we have to remember that when push comes to shove, european investment in China can still be nationalized just like how chinese investment in the US or Europe be nationalized as well. You think an airbus factory in china would be allowed to produce components for the US aerospace industry if there ever comes a shooting war?

Bring the euros in, and dont let it stop!
 
manqiangrexue

manqiangrexue

Brigadier
China had previous kept its market closed and protected because its fledgling companies and such needed the time to develop before they could compete globally. If the market opened then, it would be like allowing snakes into your nest of eggs and young chicks. But this was never meant to be a permanent solution. Chinese companies, especially tech companies are growing by leaps and bounds and by many accords, are more than good enough to be globally competitive. If anything, the European companies might have a great deal of trouble competing with them by now. So with the chicks grown into full feathered eagles and continuing to develop even sharper beaks and stronger talons by the day, it's finally time to let the snakes in, especially if opening the gates can allow our eagles to chase the snakes all the way into their nests as well. Chinese companies, when given the real chance to develop, will outcompete anyone anywhere.
 
hashtagpls

hashtagpls

Senior Member
Registered Member
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It's also important to point out that it was reached during the U.S. presidential transition, which hints that the Europeans want to send the incoming Biden administration the message that they won't return to America's unipolar hegemonic fold. The world has changed, and America must change too.
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Looks like all that investment into "human rights" propaganda mouthpieces yielded naught if the europeans refuse to bat for white anglo supremacy.
 
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