China, China, China!

[Salento]

On a positive side about China: They eat fried animal testicles (feed the army to toughen them up) so they could be exported to China instead of thrown away.

They also eat your Avatar!

 

[Groninger]

What economic capitulation?!!! USA made hundreds of billions if not trillions of dollars in China. It wasn't the easiest market to make money in, and still problems persist, but it benefited both sides handsomely. Apple alone just repatriated 250 billion dollars to US, money it made on the whole world, china included. Should we mention how much money car companies made in china, or fast food, wine, beer, electronics, beef, pork etc, etc? Remember, international trade benefits all parties involved.

International trade does not necessarily benefit all parties involved; there are often winners and losers. In this case it's clear that China won and the US lost: the US has been burdened with an enormous trade deficit, and lost millions of manufacturing jobs; China, on the other hand, has built up an industry, acquired modern technologies, and grown from a poor backward country into a world power. The decision of the ruling class of the US to use China as a cheap labor base was shortsighted, selfish and deceitful; they sacrificed the industrial foundation of the country to make some personal financial gains. You could call this an act of treason with some reason. All of this has had a destabilizing impact on the US. You can't export people's jobs without creating enormous resentment. This crowd of people who have been made useless are looking for revenge. The fashionable politicians and CEOs who are benefiting from the globalist trade system tell these people they should worry about climate change and transgender bathrooms instead. It's not going to end well, I fear...

 

[edulofter]

Chinese companies lack the spirit of innovation and often copy the results of companies in developed countries such as the United States. In addition, there is no freedom of speech in China.

 

[edulofter]

There are also some excellent companies in China, like Alibaba. Alibaba does facilitate the trade of SMEs. But unfortunately, the main shareholders of Alibaba are not Chinese. You can check it out.

 

[LABERIA]

"The Chinese are coming" Check Point Documentary

 

[LABERIA]

Also, i will suggest you to watch this documentary:
When China Met Africa


Here are the trailers:

WHEN CHINA MET AFRICA (Bullfrog Films clip)

When China Met Africa: Mr Liu

 

[Angela]

Still think China's a threat only to its neighbors?

"[FONT=&quot]Today [/FONT]@Reuters[FONT=&quot] published my investigation into how Chinese telecoms giant ZTE is helping Venezuela build a system that monitors citizen behavior through a new ID card, known as the “fatherland card.”

[/FONT]https://www.reuters.com/investigates/special-report/venezuela-zte/

 

[bicicleur 2]

Still think China's a threat only to its neighbors?

"[FONT="]Today [/FONT][/COLOR][URL="https://twitter.com/Reuters"]@Reuters[/URL][FONT="] published my investigation into how Chinese telecoms giant ZTE is helping Venezuela build a system that monitors citizen behavior through a new ID card, known as the “fatherland card.”

[/FONT]https://www.reuters.com/investigates/special-report/venezuela-zte/

now you got me worried

 

[LeBrok]

International trade does not necessarily benefit all parties involved; there are often winners and losers.

It is a false statement. It benefits both sides. Thanks to increased trade and move of capital, in both countries prices of goods are lower and natural resources and food more available, which benefits every person in both countries. However, it is true that not everyone benefited equally. Some people lost their jobs, and had to re educate or were displaced in search for work. Some businesses coulnd't compete and went under. Having said that, even these unfortunate people benefited with lower prices for goods.
Remember these things:
Trade between countries makes competition more intense, and it always benefits all people. More competition is always good.
Both countries GDP grew nicely for last 30 years with minimum unemployment. Except few years after 2008 crisis, though it wasn't caused by trade with China, but self inflicted wounds by US.
Every time in history when countries tried insulationist trading policies and tariffs on imports it badly beckfield for them. Best example is 1929 Great Depression and effect of tariffs which deepened and prolonged it.

 

[Salento]

It is a false statement. It benefits both sides. Thanks to increased trade and move of capital, in both countries prices of goods are lower and natural resources and food more available, which benefits every person in both countries. However, it is true that not everyone benefited equally. Some people lost their jobs, and had to re educate or were displaced in search for work. Some businesses coulnd't compete and went under. Having said that, even these unfortunate people benefited with lower prices for goods.
Remember these things:
Trade between countries makes competition more intense, and it always benefits all people. More competition is always good.
Both countries GDP grew nicely for last 30 years with minimum unemployment. Except few years after 2008 crisis, though it wasn't caused by trade with China, but self inflicted wounds by US.
Every time in history when countries tried insulationist trading policies and tariffs on imports it badly beckfield for them. Best example is 1929 Great Depression and effect of tariffs which deepened and prolonged it.

Unless you’re from Detroit, Michigan!

 

[Groninger]

It is a false statement. It benefits both sides. Thanks to increased trade and move of capital, in both countries prices of goods are lower and natural resources and food more available, which benefits every person in both countries. However, it is true that not everyone benefited equally. Some people lost their jobs, and had to re educate or were displaced in search for work. Some businesses coulnd't compete and went under. Having said that, even these unfortunate people benefited with lower prices for goods.
Remember these things:
Trade between countries makes competition more intense, and it always benefits all people. More competition is always good.
Both countries GDP grew nicely for last 30 years with minimum unemployment. Except few years after 2008 crisis, though it wasn't caused by trade with China, but self inflicted wounds by US.
Every time in history when countries tried insulationist trading policies and tariffs on imports it badly beckfield for them. Best example is 1929 Great Depression and effect of tariffs which deepened and prolonged it.

Well yes, you could say that both sides benefited since China was allowed to develop, while the US consumer was allowed to buy cheaper goods. In terms of power, however, the exchange has been entirely in China's favor. As a result of this free trade policy, China transformed from a more or less agricultural society into a industrialized, technologically advanced nation, and an economic and military superpower. The USA is faced with a declining industry, a destabilized society, and its most dangerous rival since the war of 1812.

Also, your notion that tariffs always backfire fore the nation that imposes them is simply wrong. The USA used tariffs in the 19th century to protect its own emerging industry against British competition, and that worked out pretty well; there are more such examples of successful protectionism, such as Bismarck's Germany and Cromwell's England.

 

[markod]

Chinese companies lack the spirit of innovation and often copy the results of companies in developed countries such as the United States. In addition, there is no freedom of speech in China.

Companies aren't where real innovation takes place. Particle research, space reconnaissance, nuclear power, alternative energies etc. is where the Chinese are surging ahead.

 

[LeBrok]

Unless you’re from Detroit, Michigan!

"Unless"? You should notice that I covered this too.

However, it is true that not everyone benefited equally. Some people lost their jobs, and had to re educate or were displaced in search for work. Some businesses coulnd't compete and went under. Having said that, even these unfortunate people benefited with lower prices for goods.

 

[LeBrok]

Well yes, you could say that both sides benefited since China was allowed to develop, while the US consumer was allowed to buy cheaper goods. In terms of power, however, the exchange has been entirely in China's favor. As a result of this free trade policy, China transformed from a more or less agricultural society into a industrialized, technologically advanced nation, and an economic and military superpower. The USA is faced with a declining industry, a destabilized society, and its most dangerous rival since the war of 1812.

Also, your notion that tariffs always backfire fore the nation that imposes them is simply wrong. The USA used tariffs in the 19th century to protect its own emerging industry against British competition, and that worked out pretty well; there are more such examples of successful protectionism, such as Bismarck's Germany and Cromwell's England.

Nobody says that a country can't develop and prosper by itself. The argument is that countries and societies can develop economically faster in economic cooperation. The bigger the market, the faster the growth. That's why free trade, or as close as possible to it, is being embraced by pretty much the whole world. The evidence is staggering and not difficult to spot. Only people with strong tribalism, nationalism and lack of economic knowledge or logical thinking and propensity to conspiracies can claim otherwise.

Also, we shouldn't ignore other benefit of economic growth. Poverty breeds tribalism, slavery, crime, nationalism and dictatorships. Economic growth is crucial to building open, inclusive, democratic and free societies. In not so distant future China will turn democratic and will join western countries in guarding same values. They just need Gorbachev/Eastern Europe moment. Chinese people are already ready, they have money and long all the freedoms we have. Well off people don't do revolutions, no need to keep them enslaved. Just a matter of time and positive political changes will come.
See, this would be impossible if China stayed poor, locked in a cycle of communist regimes or some other form of dictatorship forever. Thanks to US/world capital, exchange of ideas and trade, now they have a chance. Help the world to develop economically and you will "produce" more strong friends than enemies and more peaceful world.

 

[Groninger]

Only people with strong tribalism, nationalism and lack of economic knowledge or logical thinking and propensity to conspiracies can claim otherwise.

Well, this quote clearly demonstrates that you do not treat this as a matter of logic but as an article of faith.

 

[Groninger]

In not so distant future China will turn democratic and will join western countries in guarding same values. They just need Gorbachev/Eastern Europe moment. Chinese people are already ready, they have money and long all the freedoms we have. Well off people don't do revolutions, no need to keep them enslaved. Just a matter of time and positive political changes will come.
See, this would be impossible if China stayed poor, locked in a cycle of communist regimes or some other form of dictatorship forever. Thanks to US/world capital, exchange of ideas and trade, now they have a chance. Help the world to develop economically and you will "produce" more strong friends than enemies and more peaceful world.

Again, this has nothing to do with logic or knowledge, but with a religious belief. Travel to China, talk to Chinese people and you will see that the desire for liberal democracy and human rights there is not as widespread as you think. Chinese people are mainly very nationalistic. Were China to become a democracy, that would be a dangerous thing; I suspect that would bring a hyperaggressive government to power.

 

[markod]

Again, this has nothing to do with logic or knowledge, but with a religious belief. Travel to China, talk to Chinese people and you will see that the desire for liberal democracy and human rights there is not as widespread as you think. Chinese people are mainly very nationalistic. Were China to become a democracy, that would be a dangerous thing; I suspect that would bring a hyperaggressive government to power.

Similar attitudes prevail in Russia, Iran, the Central Asian countries etc. . It doesn't necessarily follow that an illiberal country must also be particularly belligerent one. The threat that China poses in a geopolitical sense is a classic case of Thucydides trap, i. e. the impending supersession of the dominant power by another. This was bound to happen as the countries occupying the Eurasian landmass are becoming economically integrated. With the development of OBOR which is particularly welcomed by Russia the geopolitical center of the earth will necessarily shift towards the east, which of course entails the relative diminishing of power for us and the Americans. One might call this a 'threat', but save for war there's no stopping the process. Even tariffs would probably backfire as the world would become even more wary of European influence. We can only make the best of the situation.

 

[LeBrok]

Well, this quote clearly demonstrates that you do not treat this as a matter of logic but as an article of faith.

You are "almost" right. Both. Don't you know that most of people take complicated things as beliefs? If one can't understand, one needs to believe. Some people understand, but the rest just believes. If one can't understand, one has to believe if things are right or wrong, true of false, work or not. However, it is not too bad if one knows who is smart and understands, to believe what he says.
I believe people who base their knowledge on empirical evidence, replicable experiments, statistical observations, and logic in general, etc.

 

[LeBrok]

Again, this has nothing to do with logic or knowledge, but with a religious belief. Travel to China, talk to Chinese people and you will see that the desire for liberal democracy and human rights there is not as widespread as you think. Chinese people are mainly very nationalistic.

It doesn't matter. Giving a choice all people want to live in free country where they can speak freely, believe freely, travel freely, decide about their lives freely. The fuller the belly, the more other things matter, freedoms including, and people are more prone to being giving, sharing and inclusive. They relax and are less likely to attack others to get their stuff, like it used to be for ages. It is a trend and will continue together with all the world getting well off.

 

[Boreas]

China also is dependent in energy sources. Ones oil and gas stops flowing to China they have nothing to cook their food, so they have to start eating raw food. I can count more but I am lazy...

Does Europe have enough energy sources??? They have easy access to Central Asia Sources. They are in pact with Russia&Iran. They don't care Human Rights etc so MiddleEast countries like Saudi Arabia, will always be their good customers...

Without Chinese Rare Element Source, Europe can't even use solar energy. They are the leader and they are close to other exporter countries
https://investingnews.com/daily/res...rth-investing/rare-earth-producing-countries/

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About Chinese&Innovasion

Japan was also same. Japon products were seemed as today's Chinese products: cheap and nasty.

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But China has limitations as well, but it hasn't yet reached the top