Trade War with China

The view from Singapore (former editor of The Straits Times)

Remember that a "window of strategic opportunity" was identified by the as running from 2010-2020, so it shouldn't be a huge surprise to Beijing that they would end up in a strategic competition with the USA.

Korean war to trade war, China has a Trump card against US: resilience
Tariffs are just the opening salvo in America’s battle to slow China’s rise, a head-on collision that China’s leaders have long seen coming. Beijing won’t be caught napping
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The escalating trade war between China and the United States is more than just a mighty tussle over imports and exports – and the elite in both Beijing and the West know it.

It is, in effect, a battle of the utmost strategic importance, pitting China against a coterie of Western nations that see it as the gravest threat to their dominance of the existing world order. Slapping on tariffs is just the opening salvo.

On the one side, there is the clear (if not publicly admitted) goal of slowing down (if not containing altogether) China’s seemingly inexorable rise as a superpower. And on the other is China’s determination not to bow to the collective might of the West and forfeit the right to decide its own destiny.
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Finally, of course, there is the mother of all trade disputes, already developing into a trade war, between the world's two leading trading nations, China and the US. Neither side here seems to be anywhere near an early round of productive negotiations, let alone making the kinds of concessions that Trump managed to wring from Korea, Mexico and now Canada. Moreover, with the end of the Obama-negotiated

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, there are really no other reliable trade pacts involving the US across Asia. Still, as Trump told a news conference the morning after his NAFTA victory, Japan and India have indicated an interest in negotiating tariff agreements. The president called these overtures a tribute to his tough stand on trade, indeed on all sorts of relations between nations — friends or enemies....

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Looks like Trump uses China as a weapon to scare off all other trade partners in the world.

This "trade war" between China and the US is no longer about trade. The US is now fully committed to containing and cutting China down to size. Witness the provision in the USMCA that gives it essentially veto power over Canadian or Mexican trade deals with China.
I hope China looks towards disengagement with the US, wind down treasury purchases, whittle down treasury holdings.
This should be an opportunity to reshape the world, less Apple, Microsoft, Google, less Coca Cola, less Proctor and Gamble, less American corporations.

Jura said:

Sep 17, 2018
and now noticed the tweet

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Chinese actress Fan Bingbing has been ordered to pay taxes and fines worth hundreds of millions of yuan over tax evasion, the country's taxation authorities said Wednesday after an investigation

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Poor Girl is just like Trump, when you're beautiful and rich, everybody wants a piece of the pie,,, so the New York Times is suggesting Trump and family owe large sums on their inheritance from years and years ago, they paid a very large sum of money, ($52,000,000) that the IRS already audited and signed off on! Come to think of it, New York is kinda like a communist bastion here in the US??

Anyway, this is very predictable, it almost seems China punishes those who are individually successful? or maybe its just the beautiful part, and she is THAT, right Equation??

Jura said:

Sep 17, 2018
and now noticed the tweet

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Chinese actress Fan Bingbing has been ordered to pay taxes and fines worth hundreds of millions of yuan over tax evasion, the country's taxation authorities said Wednesday after an investigation

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Why's this in the trade war thread?

Air Force Brat said:

Poor Girl is just like Trump, when you're beautiful and rich, everybody wants a piece of the pie,,, so the New York Times is suggesting Trump and family owe large sums on their inheritance from years and years ago, they paid a very large sum of money, ($52,000,000) that the IRS already audited and signed off on! Come to think of it, New York is kinda like a communist bastion here in the US??

Anyway, this is very predictable, it almost seems China punishes those who are individually successful? or maybe its just the beautiful part, and she is THAT, right Equation??

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Or maybe... rich people think they're special and try to avoid paying taxes but the government eventually catches on and they have to pay the consequences. Even people who look like Fan Bingbing need to pay taxes! Shocker!

Air Force Brat said:

Poor Girl is just like Trump, when you're beautiful and rich, everybody wants a piece of the pie,,, so the New York Times is suggesting Trump and family owe large sums on their inheritance from years and years ago, they paid a very large sum of money, ($52,000,000) that the IRS already audited and signed off on! Come to think of it, New York is kinda like a communist bastion here in the US??

Anyway, this is very predictable, it almost seems China punishes those who are individually successful? or maybe its just the beautiful part, and she is THAT, right Equation??

Click to expand...

I disagree with that notion. In China, corruption is exponentially worse than here in the US. While the upper class here also do tax evasions, the Chinese do it on a much worse scale, and they do it almost openly against the law. They literally have no fear of China's law system. She is literally a dime a dozen in regards to the number of corrupt scumbags, but thanks to her acting fame, her case was quickly known. In China's case, this act is good since it shows that no matter how rich or famous you are, you still must follow the law.

As for your statement in regards to China punishing those individually successful people, that is a childish and naive statement. Jack Ma is one successful entrepreneur who worked with others to create Alibaba without the communist party punishing or seizing control of him and his company. Plus, the US also punishes those who commit tax evasion, so does that mean the US punishes those who earned their money with their sweat and blood? Also, that tweet is not related with the trade war. That is a domestic issue.

LawLeadsToPeace said:

I disagree with that notion. In China, corruption is exponentially worse than here in the US.

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Lot of things have changed in China since Xi Jingping took office; your post seemed dated by quite a few years. Anyway, you would need to know a lot of national secrets on both sides to make that comparison.

I do know that China at least doesn't have a sitting president whose tax returns are kept secret as he brags about sexual assault nor have I seen the CCP rush to confirm a sexual predator as a national level judge while trying to impede their own "investigation" into him. I could go on but there are so many of these things in the US recently that if I tried to list them all, I could run out of space typing on the internet LOL

Who do I get to whine to about anti-Chinese posts and other rules violated by those people in this forum?

I love how because the New York Times exposes Trump as a tax evader, somehow in here China has to be punished for it. And some don't like my so-called "anti-American" analogy that compares anti-China military writers to people who abuse their wives and girlfriends... Bad day at work...? Beat your wife when you get home! The New York Times say something bad about Trump? Take it out on China! Yeah it's like how Westerners think China today has to be punished because the West enslaved Africans hence why they expect China to give aid and not do business in Africa because that's insincere because China is guilty of a crime they didn't commit. By the logic I'm reading here, even though China didn't commit the crime, China is worse anyway therefore has to be punished by for a crime that wasn't committed. So ignore all those who claim they can't be punished for a crime committed by their ancestors. If they can blame Chinese because Westerners enslaved Africans, by their own logic, they can be blamed more for the crimes of their ancestors.

Yes all pretty people in the world belong to the US even though they'll treat them like dirt in their country. Fan Bing Bing will not be getting A-list roles in Hollywood just because the media who didn't care for her ever is treating her like the next Aung San Suu Kyi. Jack Ma isn't pretty so therefore he deserves to get punished for not even commiting a crime. Don't you love those Western values? Under their brutal regime, Jack Ma wouldn't be allowed to open a business because he's ugly. Don't you love their unofficial caste system they want to enforce upon the world? And they wonder why there's resistance? And because you're resisting the forces of good, it must be because you're evil.

Air Force Brat said:

Poor Girl is just like Trump, when you're beautiful and rich, everybody wants a piece of the pie,,, so the New York Times is suggesting Trump and family owe large sums on their inheritance from years and years ago, they paid a very large sum of money, ($52,000,000) that the IRS already audited and signed off on! Come to think of it, New York is kinda like a communist bastion here in the US??

Anyway, this is very predictable, it almost seems China punishes those who are individually successful? or maybe its just the beautiful part, and she is THAT, right Equation??

Click to expand...

China has been running a much tighter boat ever since Xi Jinping came into power. Fan Bingbing is not the first celebrity to be nabbed by tax officials, and won't be the last.

Air Force Brat said:

Poor Girl is just like Trump, when you're beautiful and rich, everybody wants a piece of the pie,,, so the New York Times is suggesting Trump and family owe large sums on their inheritance from years and years ago, they paid a very large sum of money, ($52,000,000) that the IRS already audited and signed off on! Come to think of it, New York is kinda like a communist bastion here in the US??

Anyway, this is very predictable, it almost seems China punishes those who are individually successful? or maybe its just the beautiful part, and she is THAT, right Equation??

Click to expand...

There are a lot more rich people in China today than in the States. By the way, on average a Chinese pilot is making US$110,000 a year, American counterparts are averaged out US$94,000. Sometimes you need to keep your pride to yourself.