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Miscellaneous News
- Thread starter bd popeye
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Trump is going to raise tariffs "substantially" to India in the next 24 hours lol
Trump on China
Trump on China
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Both Trump and Modi are in a hard spot: both have to present a win to their base and can't be seen as losing, but by definition only one of them can win.
My money is on Trump, Modi will try to gloss it over somehow with 大乘赢学 and declare another 10 days of holiday to celebrate or something.
Trump smelled weakness and is now going even more at these vassals. Bow to your daddy
Trump will have to make concessions to get a trade agreement with India. His main demand is India opening up their agricultural sector to US farmers export with zero tariffs or restrictions. Except for India that is an absolute red line where 44% of the workforce is in agriculture (voters). It would politically be the end of the BJP while decimating India employment rates.
To be fair, there is the kind of corruption that things still get done, and there is corruption that is crippling. When things are going well, no one will question too much, which is how you get away with it. The AVIC corruption looks like that. The US Cold War era until the late 80's was like that. India is the latter, Tejas/LCA, Kaveri, Akash, etc.
This is probably the number one factor. A friend who has been working in the mining industry for many years now says that most Chinese mining companies are state-owned, therefore they are much more amenable to taking in smaller profit margins (or even losses). This is how they were able to successfully commercial acid leaching for processing Nickel ores.
Are you Taiwanese? You look at this like you are from frog island.
China is "poaching talents too, SMIC's CEO was from Taiwan and look at where they are now.
Frog island's solution is to try to block engineers from leaving the island now. You think this is a viable solution?
Of course China would not want to lose top engineers, but it is an impossible task to stop people. All you can do is promise them a better long term environment. For engineers to join western and Japanese companies, there is a big risk that these projects can be cancelled at any time once interest wanes. Any project engineer knows this risk. Sometimes you have to take the money that's in front of you, sometimes it's not worth it long term. If you try to block them, they will almost certainly leave because no one wants to be trapped.
The average Chinese government official probably got this on WeChat and laughed at it and didn't go any further.
When the CIA saw something like this, they decided to plow millions and millions into the project, allowing the organization to spread worldwide, buy a huge complex in NY State, and the wife of the leader to buy a huge boatload of designer goods, and is now fully out of control and accused of spreading conspiracy theories domestically.
Incompetence of Chinese officials on display (semi-joking):
Complaining about this
Meanwhile this:
($266 million)
Granted there is a 20 year difference, but even by 2000 they were able to buy Dragon Springs (400 acres)
Israel's biggest strategic value to Beijing is it's influence over US politicians. If Israel could broker the sale of a small insignificant island like Hokkaido to China for 30 cents and piece of chewing gum, I think China should view Israel very positively.