Chinese Economics Thread

[hashtagpls]

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So what was China suppose to get from the phase one deal for them to say China didn't live up to their end to suggest the US lived up to their end? Relief from tariffs? Cease fire from tariffs? Trump actually took more actions against China during phase one and yet China somehow didn't honor their end of the deal...

The entire point of the trade deal was for Trump to revert US China policy to more normal obama/bush era type relations- needless to say, trump and his racist buddies violated both the spirit and the letter of the trade deal.
After the Phase 1 death was signed and done, COVID-19 happened and Pottinger took it upon himself to drag the US into a new cold war with China; the rest is history.

 

[Petrolicious88]

The entire point of the trade deal was for Trump to revert US China policy to more normal obama/bush era type relations- needless to say, trump and his racist buddies violated both the spirit and the letter of the trade deal.
After the Phase 1 death was signed and done, COVID-19 happened and Pottinger took it upon himself to drag the US into a new cold war with China; the rest is history.

The same could happen under the EU -China CAI deal. With the exception of maybe Germany, EU will side with the US despite the CAI deals.

 

[hashtagpls]

The same could happen under the EU -China CAI deal. With the exception of maybe Germany, EU will side with the US despite the CAI deals.

Possible, but the price of white supremacy is steep- as Australia is currently experiencing right now, and there are plenty of other white nations willing to pick up lost business- first and foremost being the instigator of these race wars, the anglo united states.

Secondly, given the reach that China has in the Visegrad group as well as Germany and given that Merkel's successor has been elected the head of her party, i'm fairly certain that CAI will be honoured by the europeans. Meaning they're not going to be able to pull a cowardly Iran nuke deal backtrack without imploding their economies into irrelevance.

 

[Petrolicious88]

Possible, but the price of white supremacy is steep- as Australia is currently experiencing right now, and there are plenty of other white nations willing to pick up lost business- first and foremost being the instigator of these race wars, the anglo united states.

Secondly, given the reach that China has in the Visegrad group as well as Germany and given that Merkel's successor has been elected the head of her party, i'm fairly certain that CAI will be honoured by the europeans. Meaning they're not going to be able to pull a cowardly Iran nuke deal backtrack without imploding their economies into irrelevance.

EU won’t pull out of the CAI deal due to the same reason why the US won’t pull out of the Phase one Deal. It benefits them more than China

Geopolitically they will continue to work with the US to contain China knowing China can’t hit back because of its continual need for FDI and technology.

If the EU pulls out of the CAI deal, what’s China gonna do? Pretty much nothing.

 

[hashtagpls]

If the EU pulls out of the CAI deal, what’s China gonna do? Pretty much nothing.

Plenty, Australia has a FTA with China and is a part of RCEP; that hasn't prevented China from punishing Australia economically. What's ScoMo gonna do? Take China to the WTO because their own logging company had contaminated timber? Sue China because their own coal shipments had the wrong paperwork? Previously, China turned a blind eye to such bureaucratic fuck ups because australia was still fairly decent. Australia today, on the other hand may as well be a goose stepping moron from the 30s.

As far as the EU is concerned, the only economy that matters is Germany but it helps if a few of the eastern europeans are on china's side as well. With Germany, the EU will behave especially since the export oriented, covid stricken european nations are going to need a large market and factory to survive the next few years and they can't eat white anglo supremacism the way white anglos can cuz white anglo culture is predicated on dominance and when they are no longer number one....well we're soon gonna find out.

 

[ansy1968]

Geopolitically they will continue to work with the US to contain China knowing China can’t hit back because of its continual need for FDI and technology.

I kindly disagree, Europe as a whole had remain stagnant with no new innovation to show for like EV, Batteries , AI and others. Their only advantage are in Aircraft , jet engine and EUVL which within two to three year China can overcome. And financially they are in a tight fix with the PIGS needing help sucking more funds and resources just to stay afloat, funds that should be used in investing in new tech. So who is in need , China or Europe?

 

[OppositeDay]

EU won’t pull out of the CAI deal due to the same reason why the US won’t pull out of the Phase one Deal. It benefits them more than China

Geopolitically they will continue to work with the US to contain China knowing China can’t hit back because of its continual need for FDI and technology.

If the EU pulls out of the CAI deal, what’s China gonna do? Pretty much nothing.

With their new DM-i powertrain BYD is now the world leader in hybrid electric vehicle technology. So one thing China can do if it's really unhappy with EU is to impose a super stringent fuel-efficiency requirement with a close deadline like 2025 or even earlier. Toyota might be able to catch up with BYD in time but European carmakers are so far behind in HEV technology they're bascially f**ked (pure EV isn't really for mass adoption yet). Meanwhile BYD can just supply their DM-i powertrain to fellow Chinese carmakers but not to European ones (sorry supply chain shortage) and for sure Toyota is not going to pass on the chance to kill off VW in China so they are not going to help the Europeans either. So no more European cars in China. And it's all for the good of the environment, nobody could possibly object, right?

 

[Petrolicious88]

I kindly disagree, Europe as a whole had remain stagnant with no new innovation to show for like EV, Batteries , AI and others. Their only advantage are in Aircraft , jet engine and EUVL which within two to three year China can overcome. And financially they are in a tight fix with the PIGS needing help sucking more funds and resources just to stay afloat, funds that should be used in investing in new tech. So who is in need , China or Europe?

The EU needs China economically. China needs the EU geopolitically. But market access won’t dissuade the EU from siding with the Americans.

The EU also understands that these economic agreements with China are temporary. China has long term ambitions to replace most EU companies.

 

[ansy1968]

The EU needs China economically. China needs the EU geopolitically. But market access won’t dissuade the EU from siding with the Americans.

It depends who the US president is, Trumpism whether you like or not is here to stay, Europe as a bloc is trying to look for its own interest and is hedging which is the correct strategy. Europe interest is to hold the Union together , Brexit is a shock for them and afraid others may follow, Hungary and Poland had just block the EU budget deal and is planning to withdraw if their demand is not met. And another thing they see the Russian as threat rather than the Chinese.

The EU also understands that these economic agreements with China are temporary. China has long term ambitions to replace most EU companies.

You don't do agreement if you're not ready to fulfilled it and if you're not why bother signing.

 

[Gatekeeper]

lol

Didn't take long. Double lol.