it's not the liberal feminist American women that have large families...
Chinese Economics Thread
- Thread starter Norfolk
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I still think the only long term is to automating and centralizing child bearing and upbringing. There is no other way. The economics is a minor factor in this. City people simply don't want to reproduce because they have a lot of activities they can do to fill their times. Education was centralized and left to professionals a few hundreds years ago, and without it industrial society wouldn't be possible. We call that system school.
I'd like to point out one mistake here. "Propaganda consumers" should be singular. As far as I'm concerned, there is only one consumer of propaganda in the last few pages of this thread.You won't bother to check anything anyways but just write some wishful theories mostly based on propaganda. As Nixon visited China last century he asked Mao why there were so many posters against USA. Mao told him to ignore the propaganda for the masses and speak business. Of course Chinese authorities are much smarter than all propaganda consumers here but unfortunately things are not going well financially for China and this could contribute to a world recession. And all recent political "changes" in the country could be a result these troubles. Let's see if China could turn the corner this year .. and not the wrong corner like last year, And one last thing - if 10 ppl write 10 times sth false it won't make it true
The effects of dedollarisation
china is simply building a rival financial system without the Anglo middlemen being able to take a cut from arbitrage (in fact, loyal HK Chinese middlemen will be the ones being able to take a cut from arbitrage)
Also, how does it look to nations when building up their currency reserves when the Anglos are stealing your assets and printing heaps of USD, whilst the Chinese next door are building value and offering a superior investment safe haven? Small wonder the anglos want to start a world war and reset the board.
china is simply building a rival financial system without the Anglo middlemen being able to take a cut from arbitrage (in fact, loyal HK Chinese middlemen will be the ones being able to take a cut from arbitrage)
Also, how does it look to nations when building up their currency reserves when the Anglos are stealing your assets and printing heaps of USD, whilst the Chinese next door are building value and offering a superior investment safe haven? Small wonder the anglos want to start a world war and reset the board.
manqiangrexue
Brigadier
It would be undesireable if China lacked foreign investments to seize while keeping American debt to be seized, however such a situation is not a determinant in any physical conflict because if China is scared to fight due to possibility of financial loss, then we have become slaves to money. We will fight, win, take the monetary loss if needed because we can live with more or less, and that is how money serves us, not the other way around. And also, China is decreasing its US treasury holdings. None of this has any impact on Taiwan; China will succeed with military power, not because it would be too expensive for the West to oppose China. We will make it a physical impossibility with escalation up to nuclear armageddon. They will lose their homes, their possessions, their lives, and their children's lives if they push us into conflict over Taiwan. It is more than a bad business proposition or some loss of investments. And whatever debt was taken wouldn't be moved to Taiwan in any way because that would mean that the PLA failed to secure Taiwan and the US were reconstructing it. In actuality, it will be a total Chinese victory or the will be be in a war were money is no longer needed or useful in the world.Yes, all investors are keen to sell at 50% or more loss for what exactly reason?
Yep, good riddance. No one from the west will have investments in China. And let's see what happens when China invades Taiwan ..
or when they simply will upset uncle Sam -> China will be left holding the bag with how many billions of treasuries they have? And all these billions will be moved in Taiwan military/reconstruction accounts. And as a contra measure China will have zero collateral to seize from the West. Nice plan indeed
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In latest reporting China has $770 billion worth of US treasuries. That's a lot less than I thought given the size of China. Other countries have far more relative to their size. In 2023, China decreased holdings by almost 100b. So unless something happens within the next few years, China could easily decrease it to half or less than it's current amount making US leverage over China even less.
This table also explains why Japan and UK are such good dogs to the US.
That lockdown year (2023) was the greatest year for Chinese exports barring the all time high of 2022. And that is in USD terms. Better in Yuans.
Paling in comparison to 2023 by just 2% is actually pretty good.
Those high trade volumes are there in spite of rapidly declining trade with the US during the same period.
Using 2023 in this way alone tells me you don't understand or care to understand the economy in China.
I checked nominal GDP gap between US and China. It has increased to $10 trillion at the end of 2023 as compared to $5 trillion at the end of 2021.
What is the reason for this?? I know yuan weakened against US dollar due to fed interest hikes but will yuan strengthen again.
What is the reason for this?? I know yuan weakened against US dollar due to fed interest hikes but will yuan strengthen again.
RMB has weakened 11% vs USD within these 1.5 years. Do the math.
This has little to no impact on their actual economy. RMB has kept pace with currencies other than USD. In that respect, USD is the outlier, not RMB. RMB will strengthen when the Fed cuts rates. This will likely happen sometime in the middle of the year (2024).
When this happens, it will also have little to no effect on their actual economy. This is why nominal GDP comparisons are pointless.
They only matter for countries with next to no domestic consumption. No country of geopolitical significance is like that; pretty much only tax-havens or semi-colonies. No one cares about those.
Yes, unless 2 areas use the same currencies, you need to look at the relative rate of inflation in each area first before you can compare.
The gdp difference between China and US have been fairly constant since covid19, China isn't making big steps ahead anymore due to slowed growth, but US is also not catching up. Nevertheless, the gap is slowly being widened.