Equation
Lieutenant General
True, but you can't have a Caveat emptor in a multicultural society when your news are one dimensional. What is to beware when you have nothing to compare with (as in news sources)?
Chinese Economics Thread
- Thread starter Norfolk
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True, but you can't have a Caveat emptor in a multicultural society when your news are one dimensional. What is to beware when you have nothing to compare with (as in news sources)?
Blackstone
Brigadier
The other side of that coin is there's a fundamental horror associated with a relatively small group of elites and Plutocrats with its own private army, police, and gestapo that monopolizes power, in the name of the people, for the stated purpose of benefiting the masses.
Blackstone
Brigadier
What societies with one dimensional media are you talking about? Do you mean countries like China, North Korea, Iran, and Saudi Arabia?
Equation
Lieutenant General
That sounds like both conservative and liberals fighting to control the public. As for China it is an authoritarian government much like Singapore but with a much bigger shoulder to carry. Those who underestimate that load and what it takes to carry and lead it into prosperity will risk misunderstanding China's history at their own peril. It's how one uses that power for the greater good for the mass not for selfishness that counts.
You can let it happen naturally too. It's call a revolution. It's not pretty.
SamuraiBlue
Captain
Same sort of attitude the US gives to France regarding the Marshal plan, just as the Marshal plan wasn't a favor but a concerted action by the US to forestall communist expansion in Western Europe the French were well within their recognizance to act on their own interests, no different than China would do, especially given the intentions of the Japanese right-wing to pretend that negative things never happened.
Hendrik_2000
Lieutenant General
This is better reference Total Japan aid is roughly 30 billion US dollar using 1:100 parity between dollar and Yen but the grant amount is no more than 3 billion dollar or roughly 10-15% But the Yen loan can only be used to buy Japanese good and service . In other word it is nothing but Export promotion in disguise
Now this guy give percentage in 1998 when China was still backward but compare to the total of electrified railway network today 5200 km is nothing but a sliver Just he high speed railway alone is already 20000km not counting the freight etc. So perspective is in order here.
Never trust paper from academician because we don't know what is their motivation Maybe he study in Japan and get scholarship or grant . Chinese academician are notorious for bias Just read the Chinese academic science
Official Development Assistance (ODA) to China began in 1979 and from that time to the present, approximately 3.3164 trillion yen in loan aid (yen loans), 157.2 billion yen in grant aid, and 181.7 billion yen in technical cooperation have been implemented.
Grant aid is financial assistance that is extended to recipient countries without imposing an obligation of repayment.
Loan aid involves the provision of loans under relaxed conditions (low interest, long repayment period) to recipient countries. (These are in principle untied loans.)
Technical cooperation involves the technologies being provided to recipient countries to spread the use of technology among people in developing countries and improve technical levels.
Past ODA projects in China included large-scale economic infrastructure projects, including the building of roads, airports and power stations, as well as infrastructure projects in medical and environmental areas. These projects have played a significant role in the realization of China's current economic growth.
For example, through Japanese loan aid (yen loans), a total length of 5,200 km of railway lines were electrified, and in the area of seaports, approximately 60 large-size berths capable of taking ships in excess of 10,000 tons were built. In addition, the China-Japan Friendship Hospital that was established through grant aid is one of the major medical institutions in the Beijing metropolitan area, treating approximately 3,000 patients each day.
Assistance includes more than infrastructure projects. In the area of technical cooperation the Japan International Cooperation Agency (JICA) has accepted trainees from China for the purpose of providing assistance to cultivate administrative personnel. As of FY2013 JICA had accepted a cumulative total of over 35,000 trainees to nurture the human resources required for industrial promotion. JICA has also dispatched9.027 experts to China.
Large-scale Economic Infrastructure Projects (Loan Aid)
Airports
- Shanghai Pudong International Airport Construction Project (40.0 billion yen)
- Beijing Capital Airport Terminal Area Expansion Project (30.0 billion yen)
- Lanzhou Zhongchuan Airport Expansion Project (6.3 billion yen)
- Wuhan Tianhe Aerodrome Construction Project (6.3 billion yen)
- Xi'an Xianyang International Airport Terminal Expansion Project (3.09 billion yen)
- Beijing-Qinhuangdao Railway Expansion Project (87.0 billion yen)
- Guiyang-Loudi Railway Construction Project (30.0 billion yen)
- Chongqing Urban Railway Construction Project (27.1 billion yen)
- Beijing Subway Construction Project (19.7 billion yen)
- Datong-Qinhuangdao Railway Construction Project (18.4 billion yen)
- Hangzhou-Quzhou Expressway Construction Project (30.0 billion yen)
- Liangping-Changshou Highway Construction Project (24.0 billion yen)
- Xinxiang-Zhengzhou Highway Construction Project (23.5 billion yen)
- Guiyang-Xinzhai Highway Construction Project (15.0 billion yen)
- Heilongjiang Heihe-Beian Road Construction Project (12.6 billion yen)
- Qinhuangdao Port Expansion Project (67.4 billion yen)
- Qingdao Port Expansion Project (59.7 billion yen)
- Huanghua Port Construction Project (15.4 billion yen)
- Shenzhen Dapeng Bay Yantian Port 1st Phase Construction Project (14.7 billion yen)
- Dalian Port Dayao Bay 1st Phase Construction Project (6.7 billion yen)
- Tianshengqiao Hydroelectric Power Project (118.0 billion yen)
- Jiangxi Jiujiang Thermal Power Plant Construction Project (29.6 billion yen)
- Wuqiangxi Dam Construction Project (25.2 billion yen)
- Shanhe Thermal Power Plant Construction Project (24.6 billion yen)
- Beijing Shisanling Pumped Storage Power Station Construction Project (13.0 billion yen)
- Weihe Chemical Fertilizer Plant Construction Project (26.9 billion yen)
- Inner Mongolia Chemical Fertilizer Construction Project (21.4 billion yen)
- Jiujiang Chemical Fertilizer Plant Construction Project (21.4 billion yen)
- Shanghai Baoshan Infrastructure Improvement Project (31.0 billion yen)
Prevention of Air Pollution
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AssassinsMace
Lieutenant General
I tell people how I read about Obama's plan to file a WTO trade complaint charging China "subsidizes" to kill China's domestic airline industry forcing Chinese to buy Boeing and Airbus instead and many think that's absurd. The fact is Chinese domestic airliners will not be competition to Boeing and Airbus in other markets based on prejudicial reputation alone so why would he need to file a complaint? It's all about preventing the largest market of new passenger airliners from buying their own plane.
Here's the spin to kill China's domestic airliner program.
US trade officials challenging China over aircraft tax policy
By Vicki Needham - 12/08/15 09:50 AM EST
U.S. trade officials announced Tuesday they are challenging tax breaks that China is providing for domestically produced aircraft.
U.S. Trade Representative (USTR) Michael Froman said that the United States has started dispute settlement consultations at the World Trade Organization (WTO) with Beijing over its differing tax treatment of foreign-built commercial aircraft versus planes built in China.
“China’s discriminatory, unfair tax policy is harmful to American workers and American businesses of all sizes in the critical aviation industry, from parts suppliers to manufacturers of small and medium-sized aircraft,” Froman said.
"We’re also especially concerned that China attempted to hide this discriminatory tax policy,” he added.
“Transparency of laws and regulations impacting trade is a core WTO commitment that China must uphold, just as it expects other countries to do."
The United States is arguing that China is exempting its own aircraft from a value-added tax (VAT) while imposing those taxes on imported aircraft, which trade officials argue breaks WTO rules prohibiting discriminatory tax treatment based on where the product is made.
China imposes a 17 percent VAT on imported aircraft — generally those under 25 metric tons by weight — including general aviation and regional aircraft, while exempting planes made in China from the tax.
In addition, China has failed to publish its tax exemptions for domestically produced aircraft, USTR said.
“The Chinese government is undermining fair competition and playing by their own set of rules,” said Rep. Pat Tiberi (R-Ohio), former chairman of the House Ways and Means Committee Trade Subcommittee.
The International Association of Machinists and Aerospace Workers (IAM) said there has been deep concern in recent years about growth of China’s aerospace industry.
“China utilizes every tool available to establish a strong aerospace industry, including other market distorting mechanisms like demanding that U.S. companies transfer production and technology in return for sales,” said Tom Buffenbarger, IAM's international president.
“The action today is a step in the right direction to leveling the playing field among the world’s aerospace companies and their workers. We hope this paves the way for more aerospace exports produced by U.S. workers," Buffenbarger said.
The case is the first against China's aircraft sector, which is one of the fastest growing in the world, USTR said.
United Steelworkers International President Leo Gerard said that “tens of thousands of USW members working in the aluminum, steel, glass and tire sectors produce and supply materials and parts used in the domestic aerospace industry."
"The USTR's actions are a critical part of a strategy to maintain U.S. leadership in this vital sector," Gerard said.
The Obama administration has ramped up its trade enforcement cases — this is the 20th action brought since 2009 — as part of its pivot to the Asia-Pacific.
The White House has argued that trade agreements like the 12-nation Trans-Pacific Partnership puts the United States in the driver's seat for writing global trade rules, not China.
Consultations are the first step in the dispute process. If the United States and China are not able to reach a solution, the United States may ask the WTO to establish a dispute settlement panel to look into the challenge.
Here's the spin to kill China's domestic airliner program.
US trade officials challenging China over aircraft tax policy
By Vicki Needham - 12/08/15 09:50 AM EST
U.S. trade officials announced Tuesday they are challenging tax breaks that China is providing for domestically produced aircraft.
U.S. Trade Representative (USTR) Michael Froman said that the United States has started dispute settlement consultations at the World Trade Organization (WTO) with Beijing over its differing tax treatment of foreign-built commercial aircraft versus planes built in China.
“China’s discriminatory, unfair tax policy is harmful to American workers and American businesses of all sizes in the critical aviation industry, from parts suppliers to manufacturers of small and medium-sized aircraft,” Froman said.
"We’re also especially concerned that China attempted to hide this discriminatory tax policy,” he added.
“Transparency of laws and regulations impacting trade is a core WTO commitment that China must uphold, just as it expects other countries to do."
The United States is arguing that China is exempting its own aircraft from a value-added tax (VAT) while imposing those taxes on imported aircraft, which trade officials argue breaks WTO rules prohibiting discriminatory tax treatment based on where the product is made.
China imposes a 17 percent VAT on imported aircraft — generally those under 25 metric tons by weight — including general aviation and regional aircraft, while exempting planes made in China from the tax.
In addition, China has failed to publish its tax exemptions for domestically produced aircraft, USTR said.
“The Chinese government is undermining fair competition and playing by their own set of rules,” said Rep. Pat Tiberi (R-Ohio), former chairman of the House Ways and Means Committee Trade Subcommittee.
The International Association of Machinists and Aerospace Workers (IAM) said there has been deep concern in recent years about growth of China’s aerospace industry.
“China utilizes every tool available to establish a strong aerospace industry, including other market distorting mechanisms like demanding that U.S. companies transfer production and technology in return for sales,” said Tom Buffenbarger, IAM's international president.
“The action today is a step in the right direction to leveling the playing field among the world’s aerospace companies and their workers. We hope this paves the way for more aerospace exports produced by U.S. workers," Buffenbarger said.
The case is the first against China's aircraft sector, which is one of the fastest growing in the world, USTR said.
United Steelworkers International President Leo Gerard said that “tens of thousands of USW members working in the aluminum, steel, glass and tire sectors produce and supply materials and parts used in the domestic aerospace industry."
"The USTR's actions are a critical part of a strategy to maintain U.S. leadership in this vital sector," Gerard said.
The Obama administration has ramped up its trade enforcement cases — this is the 20th action brought since 2009 — as part of its pivot to the Asia-Pacific.
The White House has argued that trade agreements like the 12-nation Trans-Pacific Partnership puts the United States in the driver's seat for writing global trade rules, not China.
Consultations are the first step in the dispute process. If the United States and China are not able to reach a solution, the United States may ask the WTO to establish a dispute settlement panel to look into the challenge.
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