Chinese Economics Thread

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The old India growth story is back! I love this little gem that seems to be legislated by law to pop up in these 'China is weak' pieces.

Also, I know Western authors don't even know how to debate anymore (for some reason) but his entire argument literally rests on only one point he made that is relevant to the title!

The fact that China has never actually tried to economically coerced a country to such an extent that it has done serious economic damage. That's it. This is the only point he makes in support of his stupid title. So basically, not. one. single. iota. of information about how China is "weaker than it looks".

He doesn't even make the claim that China TRIED to economically coerce a country but failed. No. He says China doesn't even try to despite saying it will. So by the same stupid token, America's military must be weaker than it looks because it keeps threatening Iran, North Korea, China et al. but never doing shit.

China never bullied anyone, Chinese have always been the one that gets bullied.

Everywhere we go we're known to be timid and quiet and pushovers, but intelligent/productive. Basically we're too civilized.

Every Chinese child in the West grows up constantly undermined by all groups including fellow immigrants.



The unspoken universal fact is that Chinese are one of the hardest working people in the world.

And they basically want us to either be slaves or die.


It's why I will never work under anyone again, we Chinese are better off living and dying by our own terms.

Chinese must learn to value their own lives and work more and never give in to bullies.

 

[Litebreeze]

This is unlikely, only that its real..

Haha what the hell happened here?

It's only another Trump's effort to decouple.

The New York Stock Exchange said it no longer intends to delist three Chinese telecom giants that have been targeted by U.S.

The exchange said in a statement it had made the decision “in light of further consultation with relevant regulatory authorities.”

35 more firms to be delisted, deemed to be owned or controlled by Chinese military... they said..

It had said on Thursday it would delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd following U.S. government moves to block investment in 35 firms deemed to be owned or controlled by the Chinese military.

Then the shares of those 3 surged in HK..

Hong Kong-listed shares in the firms surged on the announcement, with China Unicom up 6.7%, while China Mobile and China Telecom each gained 5%.

Investors are looking for investments that are less exposed to Sino-US tensions.

Dennison’s funds hold China Mobile shares in both Hong Kong and New York, but he has largely unwound New York positions recently, partly to find U.S. clients investments that are less exposed to Sino-U.S. tensions which will probably persist.

And Yuan keeps on marching..

The NYSE’s latest announcement briefly boosted an already rising Chinese yuan to a new 30-month high on hopes it might herald some kind of easing in geopolitical tension.

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[bajingan]

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Another salty article this time from wsj lol
Why would eu ever trust the us again, trump may lost but he is still voted by more than 67 million americans, in most likelihood another trump like admin will be in power next election, and there is not even guarantee that biden even gonna finish his term
The american political system will remain dysfunctional, divided and unstable for the foreseeable future, not to mention multiple economic crisis,alarming debt levels that could cause the collapse of dollar
Who wants to bet their economic future with an imploding country like the us

 

[ansy1968]

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Another salty article this time from wsj lol
Why would eu ever trust the us again, trump may lost but he is still voted by more than 67 million americans, in most likelihood another trump like admin will be in power next election, and there is not even guarantee that biden even gonna finish his term
The american political system will remain dysfunctional, divided and unstable for the foreseeable future, not to mention multiple economic crisis,alarming debt levels that could cause the collapse of dollar
Who wants to bet their economic future with an imploding country like the us

Hi bajingan,

I think the West aside from Covid is overflowing with Kidney Disease with all these saltiness....LOL.

 

[AssassinsMace]

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China's threat to retaliate must've scared someone. Pardon to Litebreeze for already posting the article.

 

[TK3600]

Remember the island disputes between Japan and China when Obama pushed for the Pivot to Asia? Japan listened and trade dropped like a rock between the two. Something like 70% of what Japan exported from China was actually Japanese companies that outsourced so it didn't really cost China except for the cheap labor Japan was paying Chinese to make their products. But Japan was hurt more because not only they didn't have their products to sell to make money, their exports to China were Japanese products that Chinese consumers bought and Japan went into a recession while China hardly felt a thing. The US and the West didn't come to help Japan but instead exploited Japan's misfortunate and tried fill any gaps in trade that Japan lost. The Japanese were so angry that later when Obama called for the US, Japan, South Korea to jointly take on China, Japan instead decided to piss-off South Korea effectively ending Obama's Pivot to Asia.

Wow, this level of shortsightedness started from Obama?

 

[Kaeshmiri]

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China's threat to retaliate must've scared someone. Pardon to Litebreeze for already posting the article.

Because even China could play the "Companies with Military Connections" card. Microsoft, Apple, Boeing, Intel all have significant presence in China & would've come under the firing line.

 

[hashtagpls]

Biden's nest play is to get a "great alliance of democracies" to resist China...which is gonna be hard when other fellow democracies are too busy eating up the lunch of democracies which resist China- as we've seen with US and EU companies eating Australia's lunch in the China market.

 

[siegecrossbow]

Haha what the hell happened here?

Sane people don’t want to wreck the market over the ramblings of a president with less than 20 days left in the office.

 

[Nobonita Barua]

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For the dizzy & confused ONLY