Discussing Biden's Potential China Policy

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hashtagpls

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Pompeo's bitch of a wife must be giving him hell; apparently she was particularly keen on abusing her husband's privileges as SECSTATE, going on taxpayer funded trips and holidays with her husband on "official capacity".
Now all of that has gone to shit now that sanctions have now been extended to the pompeo litter and the dweebs she's whelped.

You can see the chilling effect China's personalised sanctions have had on the Beltway, given how many politicians also aim for a cushy well paid gig after office.
 

han1289

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Pompeo's bitch of a wife must be giving him hell; apparently she was particularly keen on abusing her husband's privileges as SECSTATE, going on taxpayer funded trips and holidays with her husband on "official capacity".
Now all of that has gone to shit now that sanctions have now been extended to the pompeo litter and the dweebs she's whelped.

You can see the chilling effect China's personalised sanctions have had on the Beltway, given how many politicians also aim for a cushy well paid gig after office.
The kind of debilitating sanctions America places on foreign politicians are now a tool against American politicians. Taste of their own medicine, and it’s driving them up the wall.
 

hashtagpls

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The kind of debilitating sanctions America places on foreign politicians are now a tool against American politicians. Taste of their own medicine, and it’s driving them up the wall.
I reckon for the first time, the normally pragmatic Chinese Foreign Ministry decided to make this one particularly personal and onerous, especially now that China has the heft and economic power to make or break US firms.
None of the WH staff who were involved in HK or Taiwan's TSMC chip blockade will be able to find work in the private sector again, not for them nor their families. The likes of Pottinger, Navarro, Krac et al just signed the poverty warrant on their own families and to the status conscious elites of the Beltway, that is its own sort of death.
 

gadgetcool5

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US is not in a position to wage a trade war, due to economic recession, uncontrolled pandemic, and massive civil unrest (BLM or political polarization).

China is in a robust position to wage a trade war, due to economic robustness, largely controlled pandemic within it's border, and largely stable civil society.

If I had to bet, I would bet on Chinese stocks. Despite all his "Tough" Rhetoric from Biden (which is aimed at domestic audience), he has no appetite to continue Trump's disastrous failures. If anything, he can claim he boosted business confidence and GDP growth by ending the US-China trade war.

In the last 20 years:
The Shanghai stock market has increased from 2100 to 3500 (or 67%).
In the same period the US stock market has increased from 10500 to 31000 (or 195%).

If you had bet on Chinese stocks you would have lost.
 

j17wang

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In the last 20 years:
The Shanghai stock market has increased from 2100 to 3500 (or 67%).
In the same period the US stock market has increased from 10500 to 31000 (or 195%).

If you had bet on Chinese stocks you would have lost.
[[Citation needed]]

Someone else can run the numbers, but I am pretty sure Chinese stocks on the US stock exchange have outperformed American stocks there too. Anybody with half a brain know the biggest asset class in China is real estate, and the stock market is a very undercapitalized portion of china's overall wealth.
 
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