Trade War with China

localizer said:

Obamastan....

The company i work with sells the damn seeds to these farmers who think that the trade war is good for them.

They cut some research teams because of the uncertainty. Then again the team were also Trumpers and they were racist to me as well. Sucks for them.

What I've learned is that there's not a shred of appreciation for work done by Asian American scientists in the US. Even the peers hate us for making it difficult to get into academia/industry and driving down wages.

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gelgoog said:

Poland has been bending backwards to please the USA for years now. Remember they even offered to build a base for the USA on their own dime.

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Air Force Brat said:

Obama "gave away the farm" as our Chief trade negotiator, you'll find that most working American taxpayers are anxious to have President Trump speak and negotiate in "their best interest",, and those damn farmers are paying your salary Jr, and they are paying a hell of a lot of money for those bags of seed aren't they....

so do you work for Monsanto?? my brother is a crop scientist, and he is the "Compliance Officer" to the EPA for his company, he's very well aware of ecological issues and ensures that his company is in "Compliance" with current EPA regulations, which are very precise, specific, and strict.....

so just be a big boy, and tell us who you work for??? (I know you probably won't), and then tell us what you charge those poor farmers for a bag of seed beans?? LOL (probably won't do that either??)

so, if you work with people, your American friends will treat you like a friend if you act like a friend, and if you are truly a victim of racism, I'm very sorry, really, I try to treat people with respect

but your post sounds condescending, and belittles both your customer's, (your bread and butter), and your co-workers, and our President??

so you have some choices, treat people with respect, be thankful for your job, (no doubt you're well paid, and good for you), be a team player....

I guarantee peoples attitudes will change, and you will begin to receive the respect of your peers, particularly if you show some kindness and understanding, you may not win everybody over, but you will make some very good and loyal friends who will see you as a "MAN", and someone they can rely on to "have their back"

or you could go back to China?? and earn a tenth of what you make now?? I hope you stay, work hard, and show some loyalty to your home here...

maybe you'll meet a nice girl, raise a couple of kids, and live happily ever after,,, so thanks for working hard to produce a better seed bean, and I'll be your friend, really, I appreciate bright intelligent people who are good at what they do, and don't put others down,, your mind is a gift, maybe a kind and gracious God has called you here for a purpose

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ahho said:

There is one thing that I don't understand about the US, why are they so against Google going back to China. Google would still make a lot of money since most of the smartphones still use Android. Apps store in China are horrible and close to unreliable when it comes to security when compared to play store. A lot of rich people and businessmen that want online banking are afraid of using Android phone right now. If Google is back in China where they can advertise and sell their apps, would that in a way help a US company to make money. Google would still dominate in search for non Chinese results. If the US don't want Google to go into China, isn't this like prohibiting their own company from further growth?

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ahho said:

There is one thing that I don't understand about the US, why are they so against Google going back to China. Google would still make a lot of money since most of the smartphones still use Android. Apps store in China are horrible and close to unreliable when it comes to security when compared to play store. A lot of rich people and businessmen that want online banking are afraid of using Android phone right now. If Google is back in China where they can advertise and sell their apps, would that in a way help a US company to make money. Google would still dominate in search for non Chinese results. If the US don't want Google to go into China, isn't this like prohibiting their own company from further growth?

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localizer said:

Obamastan....

The company i work with sells the damn seeds to these farmers who think that the trade war is good for them.

They cut some research teams because of the uncertainty. Then again the team were also Trumpers and they were racist to me as well. Sucks for them.

What I've learned is that there's not a shred of appreciation for work done by Asian American scientists in the US. Even the peers hate us for making it difficult to get into academia/industry and driving down wages.

Click to expand...

Air Force Brat said:

Obama "gave away the farm" as our Chief trade negotiator, you'll find that most working American taxpayers are anxious to have President Trump speak and negotiate in "their best interest",, and those damn farmers are paying your salary Jr, and they are paying a hell of a lot of money for those bags of seed aren't they....

so do you work for Monsanto?? my brother is a crop scientist, and he is the "Compliance Officer" to the EPA for his company, he's very well aware of ecological issues and ensures that his company is in "Compliance" with current EPA regulations, which are very precise, specific, and strict.....

so just be a big boy, and tell us who you work for??? (I know you probably won't), and then tell us what you charge those poor farmers for a bag of seed beans?? LOL (probably won't do that either??)

so, if you work with people, your American friends will treat you like a friend if you act like a friend, and if you are truly a victim of racism, I'm very sorry, really, I try to treat people with respect

but your post sounds condescending, and belittles both your customer's, (your bread and butter), and your co-workers, and our President??

so you have some choices, treat people with respect, be thankful for your job, (no doubt you're well paid, and good for you), be a team player....

I guarantee peoples attitudes will change, and you will begin to receive the respect of your peers, particularly if you show some kindness and understanding, you may not win everybody over, but you will make some very good and loyal friends who will see you as a "MAN", and someone they can rely on to "have their back"

or you could go back to China?? and earn a tenth of what you make now?? I hope you stay, work hard, and show some loyalty to your home here...

maybe you'll meet a nice girl, raise a couple of kids, and live happily ever after,,, so thanks for working hard to produce a better seed bean, and I'll be your friend, really, I appreciate bright intelligent people who are good at what they do, and don't put others down,, your mind is a gift, maybe a kind and gracious God has called you here for a purpose

Click to expand...

Tam said:

I never heard anything about this from the "US" not wanting Google to go back to China. Its the liberal employee population in Google that doesn't want it. They don't want Google to be censoring search results to satisfy the Chinese government for "moral principles", the same group that does not want work AI applications for the US military.

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ahho said:

True, but there was also a senate hearing.

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China's currency renminbi (RMB) has strengthened more than 1000.00 basis points against the U.S. dollar in the week ending Friday, which saw the biggest weekly surge since July 2005.

U.S. dollar faces the weakest start over 15 years, British pound cries out for certainty, while China's yuan rules the majority, said Jeremy Cook, chief economist and head of currency strategy of international payments company WorldFirst, noting that "a stronger yuan is a good thing."

In the short term the stronger yuan is more of a help for the Chinese economy than a weaker one, he said.

"Exports may be hurt slightly but a more valuable yuan insulates against outflows from the wider Chinese economy into other assets," said Cook.

Iris Pang, Greater China analyst of Dutch bank ING, told Xinhua that the Chinese currency was being driven higher by the weakening dollar. "If the dollar continues going down, RMB will keep rising," she said.

The capital market games seemed to have changed gradually since the beginning of 2019, not just in the currency field, but also in the stocks market, experts have observed.

China's central bank People's Bank of China (PBOC) announced on Jan. 4 that it will cut reserve requirement ratios by 100 bps. The move rallied China's stocks immediately as Shanghai Composite Index closed 2.05 percent higher on that day.

Great results of Chinese shares fueled European main stocks players as British FTSE 100 Index was up 2.16 percent, French CAC 40 and German Frankfort DAX soared 2.72 percent and 3.37 percent respectively.

U.S. NASDAQ index then closed 4.26 percent higher, and Standard & Poor's 500 up 3.43 percent.

Mark Carney, the governor of the Bank of England, said Wednesday at the Future Forum that China's renminbi is likely to become a global reserve currency other than the USD, but it need take the time.

"As the world reorders, disconnections between the real and financial are likely to reduce, and in the process other reserve currencies may emerge," Carney said.

"In the first instance, I would expect these will be existing national currencies, for example the RMB," he said.

Franziska Ohnsorge, manager of World Bank's Development Prospects Group and the lead author of World Bank's Global Economic Prospects (GEP) report, labeled China's growth in 2018 and its prospects in 2019 as "very strong."

"We expect a slowdown in growth and we have revised down our forecast a little bit," Ohnsorge told Xinhua on Monday. "But policy makers have responded, of course, by using policy stimulus -- and that has been quite effective, and they have managed to really keep growth very strong."

Ohnsorge said China had well managed to continue growing over the past years. "With China there is a long standing issue which the authorities are juggling with, how to contain financial market vulnerabilities."

"So with every stimulus that has been introduced there has been a balancing act, they want to support growth but at the same time contain financial risk -- in that sense our view has not changed much to China or the main drivers of economic growth," Ohnsorge said.

Between the end of 2018 and the start of 2019, China introduced a series of comprehensive measures to further promote reform and opening up, including loosening limits on foreign investment, cutting tax on a larger scale and encouraging innovations, which demonstrated the determination of the policy makers to realize high-quality economic growth.

Therefore, whatever the currency hike or stocks surge recently, it reflected the world market's confidence in and expectation of China's continuous growth, experts said.

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