How come Canada with1.4% and Australia at 1.8% have been left out?
Chinese Economics Thread
- Thread starter Norfolk
- Start date
Not sure, the graph state "major" economies. And Australian economy is not major by any stretch of imagination. And although Canada is in the G7, it is still someway off the pace of the other 6 economies. Indeed, if California was a country, it would be bigger than Canada!
In any case with their quarter bounce back of below 2%. It wouldn't add anything to the growth rate of the western world, which is the key to my post regarding "another win" for the western economies ahead of their "summit of G7 nations".
This is why the second Cold War is just a bluster. During the first Cold War, the Western block had little economic entanglement with the Eastern Block, so it was possible to deal massive damage to the Soviet economy via sanctions and other economic measures. China is vastly different. If China only manufactured goods for Western countries, you can argue that they can shift production to India, Vietnam, etc. to hurt the Chinese economy via decoupling. However, China is now one of the largest consumer of imported goods as well. How could India and Vietnam replace Chinese consumption?
I am skeptical of the so-called "hard decoupling" unless the Hollywood China Bashing redline has been crossed. It is all just a show until Disney starts making propaganda films attacking Chinese human rights.
Bbbutt..16% of European companies are still being "forced tech transfer" by the big bad Chinese companies what about those corporations human rights? As you know according to the U.S. galactic laws as prescribed by their Supreme Court, corporations are people too which means it's entitled and appropriated all the legalities of every individual.
And with or without the Comprehensive Agreement on Investment.
It would seem better this way, China deals with individual companies and countries on a bilateral basis without the EU bureaucratic bullshit.
Thank God for EU virtue signalling.
On the contrary. Chinese exporters should be raising prices to hedge against rising cost and RMB appreciation.
Should be easy as I see that many Chinese products are now easily being bid higher on ebay due to higher demand and shortage in supply.