Chinese Economics Thread
- Thread starter Norfolk
- Start date
The Chinese are preventing covert US control of Chinese companies. By bringing back listed Chinese companies from NY, the Chinese are slowly preparing the day when the yuan goes fully international. The US can't use the listed Chinese companies to crash the Chinese stock market and stampede the flow of capital out of China when capital control is finally removed.
In the same vein the Chinese are indirectly preventing US/allied banks from infiltrating their financial system by putting a collar on them and limiting their ability to manipulate the capital market. Obey Chinese laws or leave.
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The difference is the QE fueled asset inflation.
In4ser
Junior Member
Aside from already discussed economic issues of being overworked and lack availability for housing and too much competitiveness for jobs and educations, China should also examine a return to traditional values. You can love or hate religion but they tend to provide high fertility rates compared to more their secular peers. I'm not saying we should reject modernity but we should definitely encourage social values like respecting your elders and caring for the home and family especially when China is expected to be overtaken by demographic imbalance of older people.
For China it would be Confucian values (though I'll admit it can be somewhat backwards) but they do encourage marriage and kids which contrasts to Western liberalism that proclaims the self is above all else included the family and society. If every guy or girl excepts to marry a beauty or rich and successful then they will hold off relationships because they believe they can do better despite having unrealistic expectations of life and relationships. This is what happening to Japan, S. Korea and increasingly the West which are fixed with idols, waifus and influencers who are not representative of real life but sell a fantasy in which the masses become disconnected and weak-minded. As a Millennial, I'm certainly guilty of this but at the same time I recognize the corrosive effect it has on me and my social life too.
Further, it appears that China tolerated listings of Chinese champions like alibaba because it was a way to reward and placate pro business or pro Chinese voices in Wall Street but now that it’s apparent that those voices are either indifferent or ineffective in restraining the trumpian impulses of the USG, china sees no reason to continue giving water to the enemy.
Better to list Chinese firms on Chinese social in Chinese stock exchanges; why give the Anglo money when he is committed to the enslavement of your children?
@horse bro in China its a buyers market, in the US they hold a monopoly. Now as a consumer the Chinese had the best of both world (availability of EV models and cheaper price)....lol That's what competition brings to the market.
I agree but can it be done? Is it already too late? Has the line of transmission of good traditional values been broken?
Biden should stop worrying about whether China bails out the QE and more about if it does things like this, Bitcoin ban, and Didi delisting that actively messes with the U.S. economy...