a quick rant about the Chinese economy and its unassailable role in the world
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cyber horse

03/20/2021, 08:09:34




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There has been a lot of talk these past few years about how America can get China. When you read that, just keep these few facts in mind.

When we understand these facts, we can see how difficult it would be for anyone to get China.



1. China has the largest manufacturing base in the world, basically twice the size of the American manufacturing base. (By now it could be.) Refer to the link below for some old data.

https://www.weforum.org/agenda/2020/02/countries-manufacturing-trade-exports-economics/

Then consider who is the largest buyer of semiconductors in the world, and that is not even close. Guess all those farmers on the land eek out a living using those chips. Those chips go straight into production at China Inc.

Note that the American economy is still bigger because GNP still measured by the production goods (manufacturing, farming, mining), and services, (doctors, accountants, bankers, lawyers).



2. China is the world's biggest trading nation, that is what the numbers say, and China is the number 1 trade partner for the majority of nations. Refer to the link.

https://www.visualcapitalist.com/china-u-s-worlds-trading-partner/

For a country to voluntarily decrease trade with their largest trading partner is self-inflicting damage for that country.


3. China is the fastest growing major economy in the world for many years. All this means, besides rising Chinese incomes making the Chinese consumer market larger than the American consumer market, all this means is that point 1 and 2, the manufacturing base will kept growing and trade with China will keep increasing. That economic growth rate of China buttress then propel those points 1 and 2 higher.



4. China has solidified deals with other regions. These deals complement all the above.

Such as the RCEP deal with ASEEA making the world's largest trading block that will double in size in 15 years.

Such as the CAI deal with Europe that will lead to opportunities for companies and a springboard to a wide free trade deal.

Such as the BRI deals which spans into the Indian subcontinent, the Middle East, Africa, and South America. That is like everywhere the Chinese economic footprint only grows.

To make long story short, what President Trump tried to do was stop all of this, or slow it down, or reverse it altogether.

The Americans are talking out loud about stopping points 1 2 3 4.

That is a very tough task!


5. Then to top it all off, we got to remember what the United States is doing, since 2008, and doing more Quantitative Easing aka the QE in 2020 due to the pandemic. The United States is printing money to solve some immediate problems.




Nothing in this post is anything new. Just the same old stuff of the past few years. No point about always talking about it, because it is boring. But with recent events, time to refresh some recent history.

Just remember these five points, when we read articles about how so and so will take on China.

Those articles never give any specific plans.

(I suspect they don't because they cannot think of one, so try to get people thinking about it, of how to take on China).






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