China backtracked on nearly all aspects of U.S. trade deal

[Viet]

You are right.
Lose hair dealing with that fellow.
Notice I use Singaporean and not myself.
Have to be vague so as not to be personal.
Always on the watch out lest I get a msg from you, haha.

Its not personal, thank you for being considerate.
You can leave a msg on my profile if you think my comments need correction, no problem.
BTW, I much prefer your previous avatar.
.

You like my previous avatar? You know the city? It’s Munich, a city southern Germany, a beautiful place full with history and traditions. I had my apprentice as well as worked there for a while.

 

[Han Patriot]

R u rich , do u have some factories ?? Hell no! U r just a dumb Cnese peasant going to lose your job soon when rich Cnese close their factories and flee to VN.

If u own some factoties, then pls show that u still can run good bussiness when tariff is 25%. Of course jobless Cnese like u can show Nothing but barking louder on internet.

I m not rich nor own a factory. If you think Chinese economy is just about manufacturing then you are rather naive. You are talking about the second largest consumer market on earth. We are the largest net creditor to your daddy, do you even know what that means. We are your daddies loanshark, we lend money to Americans so they can buy our goods. Now your papa is only surviving by printing dollars, they are desperate to survive. Understand genius?

 

[Viva_Viet]

I m not rich nor own a factory. If you think Chinese economy is just about manufacturing then you are rather naive. You are talking about the second largest consumer market on earth. We are the largest net creditor to your daddy, do you even know what that means. We are your daddies loanshark, we lend money to Americans so they can buy our goods. Now your papa is only surviving by printing dollars, they are desperate to survive. Understand genius?

Cn "loanshark" dying in a big debt with huge number of poor ppl losing job due to rich Cnese close the factories and flee to VN to avoid 25% tariff

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”China is the country where corporate debt has increased the most since the global financial crisis,“ he said. ”The ratio of corporate debt to GDP is higher in China than that of in the US when the Lehman Brothers crisis erupted or in Japan when the real estate bubble burst.”

Currently, Chinese companies’ debt is almost 160% of GDP, according to the IIF – way higher than the 132% percent in Japan in 1989 when the Japanese bubble burst. Household debt also rose to 51% of GDP. Local government debt has continued to grow thanks to stimulus measures, but the ratio of government debt to GDP is at 48.5 percent, a relatively stable level.

https://www.asiatimes.com/2019/03/article/china-weak-link-in-brewing-global-debt-crisis/

1. In 2017, China lifted 12.89 million rural people from poverty which put the poverty rate at 3.1 percent compared to its 4.5 percent the previous year.
2. Around 500 million people, or 40 percent of the population within China, survive on $5.50 per day or less.
3. Unfortunately, corruption has emerged within this topic — there have been upwards of 1,800 people investigated for embezzling antipoverty funds an

https://www.asiatimes.com/2019/03/article/china-weak-link-in-brewing-global-debt-crisis/

 

[Han Patriot]

Cn "loanshark" dying in a big debt with huge number of poor ppl losing job due to rich Cnese close the factories and flee to VN to avoid 25% tariff

-------
”China is the country where corporate debt has increased the most since the global financial crisis,“ he said. ”The ratio of corporate debt to GDP is higher in China than that of in the US when the Lehman Brothers crisis erupted or in Japan when the real estate bubble burst.”

Currently, Chinese companies’ debt is almost 160% of GDP, according to the IIF – way higher than the 132% percent in Japan in 1989 when the Japanese bubble burst. Household debt also rose to 51% of GDP. Local government debt has continued to grow thanks to stimulus measures, but the ratio of government debt to GDP is at 48.5 percent, a relatively stable level.

https://www.asiatimes.com/2019/03/article/china-weak-link-in-brewing-global-debt-crisis/

1. In 2017, China lifted 12.89 million rural people from poverty which put the poverty rate at 3.1 percent compared to its 4.5 percent the previous year.
2. Around 500 million people, or 40 percent of the population within China, survive on $5.50 per day or less.
3. Unfortunately, corruption has emerged within this topic — there have been upwards of 1,800 people investigated for embezzling antipoverty funds an

https://www.asiatimes.com/2019/03/article/china-weak-link-in-brewing-global-debt-crisis/

Well genius, do you know the difference between external and internal debt? I suggest you go check this out first before talking. It seems to me you are pretty ignorant on how the world works. Read first before talking.

I never said ALL Chinese are rich, I am saying alot of Chinese are middle class now and consuming alot. Alot are also. rich. US is spending on borrowed money from China. And yes we ARE THEIR LARGEST CREDITOR. China is the second richest country on earth, but we also have the largest population. We are on a different league compared to weak countries like Vietnam. You end up as either a US bitch or ours.

Just like US can print dollars, we can print yuan. As long as our economy is growing, debt is needed to service that growth. The moment debt is zero, the economy collapses.
If you don't understand this concept, there is no use talking.

 

[Mista]

The tipping point appears to have been the announcement of the Made in China 2025 policy.

Trump has always wanted to place tariffs on China since 2010 lol.

 

[Viva_Viet]

Well genius, do you know the difference between external and internal debt? I suggest you go check this out first before talking. It seems to me you are pretty ignorant on how the world works. Read first before talking.

I never said ALL Chinese are rich, I am saying alot of Chinese are middle class now and consuming alot. Alot are also. rich. US is spending on borrowed money from China. And yes we ARE THEIR LARGEST CREDITOR. China is the second richest country on earth, but we also have the largest population. We are on a different league compared to weak countries like Vietnam. You end up as either a US bitch or ours.

Just like US can print dollars, we can print yuan. As long as our economy is growing, debt is needed to service that growth. The moment debt is zero, the economy collapses.
If you don't understand this concept, there is no use talking.

The question is: how can 500million poor Cnese survive when they lost the jobs due to factories closed and shift to VN ??

CN clearly is the next ,Lybia, Syria, Venezuela( but in much latger scale) when the Govt. cant make enough jobs for poor pp. 500 million poor "rebels" will surely be a very big big trouble.

 

[Han Patriot]

The question is: how can 500million poor Cnese survive when they lost the jobs due to factories closed and shift to VN ??

CN clearly is the next ,Lybia, Syria, Venezuela( but in much latger scale) when the Govt. cant make enough jobs for poor pp. 500 million poor "rebels" will surely be a very big big trouble.

How does 1 bill Indians then? The industrial base can't move overnight, how is Vietnam even going to provide the manpower? Vietnamese population is roughly 100 mil? Unless you want your 5 years olds to work, I suggest you rethink about your statement. Manufacturing is no more about cheap labor, it's about supply chain and clusters. China is already having labor shortages, even importing cheap Viets to the south. Now lowest end production is being moved by Chinese/Taiwanese businesses to Vietnam. Why do you think we move to Vietnam? Because it's next to China understand?

Please make up your minds, are we collapsing because of over population or because of underpopulation. One guy is telling me we are collapsing because our population is dropping. The future is about industrial 4.0, if you don't start researching it, you are dead the next century, guess who has the most extensive program now?

 

[Viva_Viet]

How does 1 bill Indians then? The industrial base can't move overnight, how is Vietnam even going to provide the manpower? Vietnamese population is roughly 100 mil? Unless you want your 5 years olds to work, I suggest you rethink about your statement. Manufacturing is no more about cheap labor, it's about supply chain and clusters. China is already having labor shortages, even importing cheap Viets to the south. Now lowest end production is being moved by Chinese/Taiwanese businesses to Vietnam. Why do you think we move to Vietnam? Because it's next to China understand?

Please make up your minds, are we collapsing because of over population or because of underpopulation. One guy is telling me we are collapsing because our population is dropping. The future is about industrial 4.0, if you don't start researching it, you are dead the next century, guess who has the most extensive program now?

Blah blah blah...u still cant explain how 500millions poor Cnese will survive when rich Cnese close the factories and flee to VN to avoid 25+++ tariff.

US will raise the tariff to make CN products become too expensive to buy. U cant hope some factories will still stay in CN. Can those factories still survive when tariff is 250% or 2,500 % instead of just 25 %??

Do u know why so many starving ppl during Mao era ?? Cos US slap sanction equal wt 100% tariff to CN that time

 

[Brainsucker]

How does 1 bill Indians then? The industrial base can't move overnight, how is Vietnam even going to provide the manpower? Vietnamese population is roughly 100 mil? Unless you want your 5 years olds to work, I suggest you rethink about your statement. Manufacturing is no more about cheap labor, it's about supply chain and clusters. China is already having labor shortages, even importing cheap Viets to the south. Now lowest end production is being moved by Chinese/Taiwanese businesses to Vietnam. Why do you think we move to Vietnam? Because it's next to China understand?

Please make up your minds, are we collapsing because of over population or because of underpopulation. One guy is telling me we are collapsing because our population is dropping. The future is about industrial 4.0, if you don't start researching it, you are dead the next century, guess who has the most extensive program now?

He doesn't understand, that 1.4 billions Chinese are actually a very big target market. And Manufactures are build next to their market, or else, they have to pay bigger transport fees, and their product become expensive, less competitive. That's why Xiaomi build a factory in India. Because India is their target market.

Yes, many American Producers, like Apple export their products back to USA. But USA is not the only market that they aim. If they aim only USA, as their sole target market, Apple will build their manufacture plant in Mexico or some Central America countries. But no, they build their factory in China. Because they aims China and Asia as their target market. Plus, China offer them a place next to their supplier Chain; Like China, Japan, Korea, Taiwan. And China offer excellent infrastructure, like road, Electricity, educated workers, etc that many 3rd world countries can't provide.

Yes, there are many low tech manufactures that leave China and open in Vietnam. But where is their products go? America? No way. If they want to sell branded shoes to USA, they will open a factory in Mexico instead. It's cheaper that way, as Mexico has a partnership relation with USA, and they're way way closer than Vietnam. Those shoes are means for China and other Asia market. That's why they go to Vietnam. The closest country to China and other Asia market; with cheap workforce.

 

[antonius123]

Blah blah blah...u still cant explain how 500millions poor Cnese will survive when rich Cnese close the factories and flee to VN to avoid 25+++ tariff.

US will raise the tariff to make CN products become too expensive to buy. U cant hope some factories will still stay in CN. Can those factories still survive when tariff is 250% or 2,500 % instead of just 25 %??

Do u know why so many starving ppl during Mao era ?? Cos US slap sanction equal wt 100% tariff to CN that time

You think 500 millions workforce in china only work in factory that only exporting to US?

Try to find out how much percentage of China economy that manufacturing sector contribute (%1) first, and then find out how many % of the manufacturing goes to US (%2); then multiply the %1 x %2 with 500 millions, then you will get the right number of chinese workfoce impacted by US tarrif.

Also please calculate the OBOR strategy that can help China to divert some of the market share loss in US due to US tarrif to other markets (Europe, India, Rusia, Brazil, etc)

And in case China has to move out their factories to avoid US super high tarrif, then they will choose Mexico or US rather than Vietnam.

 

[rott]

@Viet and @sinait you two should get a room.

 

[nahtanbob]

I m not rich nor own a factory. If you think Chinese economy is just about manufacturing then you are rather naive. You are talking about the second largest consumer market on earth. We are the largest net creditor to your daddy, do you even know what that means. We are your daddies loanshark, we lend money to Americans so they can buy our goods. Now your papa is only surviving by printing dollars, they are desperate to survive. Understand genius?

If USA stops buying who is China going to sell to ?

 

[sinait]

@Viet and @sinait you two should get a room.

Haha, we are in agreement on ASEAN unity.
I do make it known to him that I support China over Vietnam.
But we can still be friendly.

@Viet is nice guy if not triggered and avoid China Vietnam issues.
Nothing wrong with him making a few grouse over how China bullied them in the past and very likely in the future as well.
Its acknowlegement that China is the 大哥.
Cheers.
.

 

[rott]

If USA stops buying who is China going to sell to ?

Lol, brainless tard. USA is the world? China sells to the world. The world doesn't stop at USA.

 

[TaiShang]

If USA stops buying who is China going to sell to ?

India.

Currently, US accounts for 10% of China's total exports.

China's foreign trade (export-import) accounts for ~20% of China's GDP.

Over 70% of China's GDP is based on domestic consumption.

Germany relies more on exports for GDP growth. India is also becoming more export dependent, not less.

Lol, brainless tard. USA is the world? China sells to the world. The world doesn't stop at USA.

Forgive the Indian for being Indian.