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Topic: China US Trade war next level (Read 256 times)

legendary
Activity: 2310
Merit: 2073
June 25, 2020, 11:14:40 AM
#29
I don't think this war goes to happen again We don't comply with war. Usually involves war to revive the country's economy but China is liable for all this If war breaks out China will suffer the foremost because there'll be nobody with China during this war. it'll do more damage to the economy and have a negative impact on the entire world.

I think that this war has been going on for a long time, not only in terms of trade but also in terms of information. It can also not be completely ruled out that one of the powers does not use prohibited weapons such as bacteriological.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
June 25, 2020, 10:26:27 AM
#28
China US Trade War was in the news the other day before the market open on Tuesday (so Monday night). Peter Navarro (one of Trumps advisors on Trade) came out and said that the China trade deal was dead (or it a close source said it, whatever the media is using these days) --> Futures obviously plunged on the news.

I think around 15-20 mins later news came out that Trump is saying the deal is fully intact.

https://www.theguardian.com/world/2020/jun/23/china-trade-deal-is-over-says-white-house-adviser-navarro-amid-coronavirus-anger

God -- this is just a shitshow that shakes out some investors. Real interesting.
full member
Activity: 812
Merit: 104
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June 25, 2020, 10:17:11 AM
#27
I don't think this war goes to happen again We don't comply with war. Usually involves war to revive the country's economy but China is liable for all this If war breaks out China will suffer the foremost because there'll be nobody with China during this war. it'll do more damage to the economy and have a negative impact on the entire world.
newbie
Activity: 16
Merit: 0
June 25, 2020, 09:46:34 AM
#26
Corporate warfare again
legendary
Activity: 3906
Merit: 1373
May 24, 2020, 04:10:34 PM
#25
The whole plan of the last few presidents was to take away American ability to manufacture for ourselves. Time to bring the jobs back.


A COVID Wakeup Call: Bring Essential American Industries Home from China



The COVID-19 pandemic is the straw that broke the camel's back. From ventilators and personal protective equipment to medicines, we've come to learn that China controls the production and distribution of these essential items. Large swaths of our economy are left without an industrial base to ramp up in times of crisis, even when doing so is a matter of life and death. Scrambling to have auto manufacturers produce ventilators during a pandemic has certainly clarified the crisis.

...

The CCP has chosen the path of command agression without providing any form of recourse.  This means erstablishing state monopolies in order to tax the globe.

Our answer to this is real easy and it is not just about the USA as the threat is global.

We must confront the CCP with an extensive list of demands that include real recourse for all foreign partners.  While they are deciding what to do, we need  to transition all Global indiustry away from China.  This process takes time, but full access tp global credit systems for transiting industries will speed this up.  We want to also include clearly chinese owned industries as well.  Our opponent is the  CCP.

At the same time we must also confront Chinese faux ambitions in the South China Sea while also establishing a global UN operated continental shelf management commission that integrates the various stake holders.


By the way, do not sweat rare earths.    It is common for military thinkers to focus on this type of strategic shortfall.  Actual inventories are only at risk in the short term.  In an emergency, we can scare up known deposits overnight and begin mining mineral overnight.  Raw processing can drum up useful concentrates.

The problem with rare earths is in the final processing and this is what the Chinese have concentrated  under their control.  Again  they are now the main market as well.

Creating a backup is as simple as investing in it.  Inasmuch as it is done science, replication is quick at most.

My key point is that the global mining industry can do this rapidly in an emergency which sets regulations aside.  India alone can do this, Australia can do it and Canada can as well.  so can the USA and it already has an operating history somewhat in place.


Cool
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
May 22, 2020, 12:23:24 PM
#24
Are you fucking kidding me?  Street gangs?  So which one of them was after General Flynn, the Triads or the Tongs, buahahahahahahaHA?  Okay, just keep digging those heals in deeper.  If you had brought up the Chinese government or business interest like Huawei, or something with SOME credibility I would actually engage in a meaningful discussion with you.  But it's obvious you're too stubborn to admit you were wrong and would rather continue fantasizing.  Now that you've gone off the deep end your just sounding like a complete moron.

Calling the Triads a street gang is like calling Kraft a street vendor because ice cream trucks sell their products on the streets. These organizations are international, they are not like the Bloods, the Crips, or the Latin Kings. You want another good example? How about MS-13, another widely known international criminal organization that serve as criminal mercenaries and often do hit jobs for some of the scummier politicians here domestically.

The fact that you feel the need to  compare the CCP with a street gang demonstrates your intellectual dishonesty and your need to obfuscate the reality of international criminal organizations just so you can feel right rather than be correct. Pretending those huge corporate interests don't overlap with international criminal organization interests is just retarded, and I seriously doubt you believe that.
copper member
Activity: 2296
Merit: 4460
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May 22, 2020, 11:20:36 AM
#23
You're the one desperately trying to make a connection, where none exists.  Let me spell it out for you: It's quite possible for me to suspect that the Obama administration conspired to fabricate a crime to pin on Michael Flynn without believing there's some super-secret, uber-powerful, international mafia pulling the strings.  There's reasonable evidence to support the former, but only fantasy supporting the latter.  Despite your efforts to make it appear otherwise, there's no contradiction in my position.

You're like a child who's stubbornly digging in his heals once his argument has been dismissed.  Now you're following me around the P&S board, making off-topic posts in every thread in which I've made a post, desperately trying insinuate a contradiction.

It's not all about you and your ignorant theories.  And, please do keep in mind; I am entitled to disagree with you.

Yes, who ever heard of The Triads, or Chinese tongs right? Certainly just a myth. Mafias certainly aren't secret or powerful, and the CCP certainly isn't a gangster organization. This all is just as much of a myth as all the times the US was sold out for kickbacks under the Obama administration (not to mention the Clintons). After all, them selling out US national security to Chinese interests is unimaginable.

You are entitled to you own opinion. You are not entitled to your own reality.

Are you fucking kidding me?  Street gangs?  So which one of them was after General Flynn, the Triads or the Tongs, buahahahahahahaHA?  Okay, just keep digging those heals in deeper.  If you had brought up the Chinese government or business interest like Huawei, or something with SOME credibility I would actually engage in a meaningful discussion with you.  But it's obvious you're too stubborn to admit you were wrong and would rather continue fantasizing.  Now that you've gone off the deep end your just sounding like a complete moron.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
May 21, 2020, 04:19:06 PM
#22
You are entitled to you own opinion. You are not entitled to your own reality.

Billions of people live in their own reality Dr. Techy, as you do.  Again, it's "do as I say, not as I do". 
full member
Activity: 1106
Merit: 166
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May 21, 2020, 03:27:19 PM
#21
China might be winning the current "economy battle" as a result of Covid, there's no chance they'll win a trade war with the US, and they know it.  The technology in question is American, but China is not the only country where American companies can manufacture stuff affordably.  Any retaliatory measures the Chinese can take will only cause more damage to their economy in the long run.


China has the upper hand in all instances.
Even if there is an economy battle China is the biggest manufactured-producer in the world so this economic start for all countries is going to make a positive impact at China at first.
But most of the companies are not from China, so they will move to other countries if this things get into extreme so China will be getting more affected compared to US if companies started to move out.
member
Activity: 980
Merit: 62
May 21, 2020, 02:36:42 PM
#20
China might be winning the current "economy battle" as a result of Covid, there's no chance they'll win a trade war with the US, and they know it.  The technology in question is American, but China is not the only country where American companies can manufacture stuff affordably.  Any retaliatory measures the Chinese can take will only cause more damage to their economy in the long run.


China has the upper hand in all instances.
Even if there is an economy battle China is the biggest manufactured-producer in the world so this economic start for all countries is going to make a positive impact at China at first.
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
May 20, 2020, 09:17:18 PM
#19
You're the one desperately trying to make a connection, where none exists.  Let me spell it out for you: It's quite possible for me to suspect that the Obama administration conspired to fabricate a crime to pin on Michael Flynn without believing there's some super-secret, uber-powerful, international mafia pulling the strings.  There's reasonable evidence to support the former, but only fantasy supporting the latter.  Despite your efforts to make it appear otherwise, there's no contradiction in my position.

You're like a child who's stubbornly digging in his heals once his argument has been dismissed.  Now you're following me around the P&S board, making off-topic posts in every thread in which I've made a post, desperately trying insinuate a contradiction.

It's not all about you and your ignorant theories.  And, please do keep in mind; I am entitled to disagree with you.

Yes, who ever heard of The Triads, or Chinese tongs right? Certainly just a myth. Mafias certainly aren't secret or powerful, and the CCP certainly isn't a gangster organization. This all is just as much of a myth as all the times the US was sold out for kickbacks under the Obama administration (not to mention the Clintons). After all, them selling out US national security to Chinese interests is unimaginable.

You are entitled to you own opinion. You are not entitled to your own reality.
legendary
Activity: 2310
Merit: 2073
May 20, 2020, 12:15:38 PM
#18
I don't think China is worried about a trade war.   We have nothing they can't make themselves, cheaper and faster.

The 20th century belonged to the US, simply because they were physically isolated and could concentrate on growth instead of defense.

The 21st century belongs to China.  They've pulled 600 million people out of poverty in 20 years.

The Chinese have concretely strengthened their position in the world over these 20 years. I was amazed how they were able to almost completely eradicate corruption. I think it played a major role in the country's economic development.

As an outside observer, I think that China has a better chance of winning the trade war with the US.
copper member
Activity: 2296
Merit: 4460
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May 20, 2020, 09:56:50 AM
#17
You aren't a conspiracy theorist are you?

Lol, you never quite do you?  I don't consider myself a conspiracy theorist, no.  But that doesn't mean that I don't believe conspiracies exist.  It also doesn't mean you'll let the discussion we had in the other thread remain in that thread, but I've grown to expect that from you.

Perhaps because it is the same discussion and you have yet to make the connection.

You're the one desperately trying to make a connection, where none exists.  Let me spell it out for you: It's quite possible for me to suspect that the Obama administration conspired to fabricate a crime to pin on Michael Flynn without believing there's some super-secret, uber-powerful, international mafia pulling the strings.  There's reasonable evidence to support the former, but only fantasy supporting the latter.  Despite your efforts to make it appear otherwise, there's no contradiction in my position.

You're like a child who's stubbornly digging in his heals once his argument has been dismissed.  Now you're following me around the P&S board, making off-topic posts in every thread in which I've made a post, desperately trying insinuate a contradiction.

It's not all about you and your ignorant theories.  And, please do keep in mind; I am entitled to disagree with you.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
May 20, 2020, 09:56:30 AM
#16
I don't think China is worried about a trade war.   We have nothing they can't make themselves, cheaper and faster.

The 20th century belonged to the US, simply because they were physically isolated and could concentrate on growth instead of defense.

The 21st century belongs to China.  They've pulled 600 million people out of poverty in 20 years.
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
May 20, 2020, 06:47:25 AM
#15
You aren't a conspiracy theorist are you?

Lol, you never quite do you?  I don't consider myself a conspiracy theorist, no.  But that doesn't mean that I don't believe conspiracies exist.  It also doesn't mean you'll let the discussion we had in the other thread remain in that thread, but I've grown to expect that from you.

Perhaps because it is the same discussion and you have yet to make the connection.
copper member
Activity: 2296
Merit: 4460
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May 19, 2020, 05:03:01 PM
#14
You aren't a conspiracy theorist are you?

Lol, you never quite do you?  I don't consider myself a conspiracy theorist, no.  But that doesn't mean that I don't believe conspiracies exist.  It also doesn't mean you'll let the discussion we had in the other thread remain in that thread, but I've grown to expect that from you.
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
May 19, 2020, 04:45:46 PM
#13
China might be winning the current "economy battle" as a result of Covid, there's no chance they'll win a trade war with the US, and they know it.  The technology in question is American, but China is not the only country where American companies can manufacture stuff affordably.  Any retaliatory measures the Chinese can take will only cause more damage to their economy in the long run.

Almost like they benefited from the over reaching domestic policy put in place, if only temporarily isn't it?

What does U.S. District Judge Emmet Sullivan and Chinese Dictator Xi Jinping have in common?  They both think they just need to biden their time until November!   Cheesy Grin

Weird, it is almost like you are suggesting there is an element of conspiracy of international organized crime involved with this. You aren't a conspiracy theorist are you?
copper member
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May 19, 2020, 04:30:05 PM
#12
China might be winning the current "economy battle" as a result of Covid, there's no chance they'll win a trade war with the US, and they know it.  The technology in question is American, but China is not the only country where American companies can manufacture stuff affordably.  Any retaliatory measures the Chinese can take will only cause more damage to their economy in the long run.

Almost like they benefited from the over reaching domestic policy put in place, if only temporarily isn't it?

What does U.S. District Judge Emmet Sullivan and Chinese Dictator Xi Jinping have in common?  They both think they just need to biden their time until November!   Cheesy Grin
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
May 19, 2020, 04:09:01 PM
#11
China might be winning the current "economy battle" as a result of Covid, there's no chance they'll win a trade war with the US, and they know it.  The technology in question is American, but China is not the only country where American companies can manufacture stuff affordably.  Any retaliatory measures the Chinese can take will only cause more damage to their economy in the long run.

Almost like they benefited from the over reaching domestic policy put in place, if only temporarily isn't it?
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
May 19, 2020, 01:39:11 PM
#10
China might be winning the current "economy battle" as a result of Covid, there's no chance they'll win a trade war with the US, and they know it.  The technology in question is American, but China is not the only country where American companies can manufacture stuff affordably.  Any retaliatory measures the Chinese can take will only cause more damage to their economy in the long run.


Would have to agree with this. China relies on US consumers a lot more then US consumers rely on China. In a worst case scenario, where a large majority of manufacturing moved out of china, a large amount of other south east asian countries would be able to pick up the brunt of it -- maybe not instantly, but within a year or two. In the mean time, American manufacturing would have to step up.

Would stuff be more expensive for sometime, and then normalize? Yes.

Would this hurt the US economy? Yes. Consumers paying more for goods and companies not being as profitable is going to hurt.

Will this hurt China more in the long run? Totally. They'd be losing an integral market and US companies / US national security wouldn't want to risk having too much US enterprise in China again. They'd probably incentivize manufacturing being done at home or in allied nations for this very purpose -- to ensure that a shock like this doesn't happen.

China knows all of this though, and they're not going to fuck around.

@DireWolfM14 of course China knows that they stand to loose more if trade war escalates with USA again, but at the same time Xi has to put on a strong face and assure the Chinese citizens that they’re winning the battle otherwise people will start questioning his authority, and he doesn’t like his authority being questioned. @squatz1 it’s not just the US companies who’re looking to exit China, as many foreign companies too are planning to move out of China, hence China must do everything in their power to retain Apple, and failure to do so will have a negative impact on their economy in the long run.

Sources:

https://www.businesstoday.in/current/economy-politics/1000-foreign-firms-mull-production-in-india-300-actively-pursue-plan-as-exit-china-mantra-grows/story/401462.html

https://www.forbes.com/sites/kenrapoza/2020/04/07/new-data-shows-us-companies-are-definitely-leaving-china/#1b52ffc140fe

https://www.washingtonpost.com/world/asia_pacific/paramount-and-paranoid-chinas-xi-faces-a-crisis-of-confidence/2019/08/02/39f77f2a-aa30-11e9-8733-48c87235f396_story.html

https://www.straitstimes.com/business/economy/pandemic-speeds-up-iphone-makers-plans-to-exit-china

You're right on the Xi having to put on a strong face thing, it's the same thing that Putin does. These leaders (we can just call them dictators) can't look weak in global negotiations or they're going to fall, which is why they continue to push strong man arguments in public while their negotiators behind the scenes aren't doing the same thing. Kinda helps when you have state run media (in both countries) rooting for you and making it look like whatever you do is you being a strong leader.

China is going to get hurt if this escalates, we can just leave it at that.
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