Why China will prevail over the US in this crazy world of Trump 2.0

[theblether]

22 minutes ago, placnx said:

I agree that it's unlikely that Trump will do any better with China than last time. That said, it's Clinton's fault for getting China into the WTO. And of course, the resultiong China shock was one of the reasons for Trump's success in getting elected. (Another reason was Obama's ham-fisted mismanagement of the mortgage debacle).

 

We should have set up a different trade regime for countries like China, with a lot of SOEs (state-owned enterprises). Hopefully working in tandem with the EU, dividing up airplane sales between Boeing and Airbus. My idea was rather diabolical - licensing factories to export to the US with approvals based on a point system, so the highest ranking applications would be approved first, and licenses would last for 3 years from the date of application. We could speed up or slow the approval process depending on China's behavior - a bit murky like working with Chinese bureaucracy. The worst applicants might end up not having their applications reviewed before they would have to start all over again.

 

Just remove their developing country status and see what happens. 

 

Economic catastrophe for China. 

[Harrisfan]

1 hour ago, scottiejohn said:

Being a Trump hater does not mean that people hate the USA.  The hint is in the word TRUMP!

Non Americans with nothing better to do.

[Harrisfan]

2 hours ago, Gottfrid said:

Ok, but please tell what he achieved the last tenure, except hiding a lot of classified documents at Mar a Lago

Strong economy without high prices. Germans would not know.

[theblether]

An interesting thing about China is that the wealth is gathered on the Eastern Seaboard and the Interior is poverty stricken. Average Chinese income is around $14,000 a year - US is around $85,000. For China to match the US income level it would need to effectively control all world trade - never going to happen. 

 

So they dance around with preferential treatment under developing country status that they don't deserve because fundamentally the power brokers don't give a flying frog about those that live in the Interior. 

 

But here we have the usual world experts on everything that haven't spent a single second of their life in China pontificating a lot of utter drivel about China winning a trade war. Very good - your off your nut if you think China can genuinely take on the USA and the West without causing severe economic hardship and potential unrest. 

 

No doubt many of you will be of the opinion that the CCP has an iron grip. All it took was a few video images of the last world cup to start street protests and the CCP dropped their knickers. The Chinese were enraged when they saw the rest of the world enjoying freedom post-covid. But of course, you all knew that. 

 

The primary reason ( I should really ask this as a question and have a laugh at the Dems replies ) why China hasn't attempted to take Taiwan is fear of defeat. The CCP would not survive a failed invasion. It's a legacy of the Opium Wars, the national psyche is shattered and another white man defeat would blow Chinese society apart.  

 

What made it even worse was that the Japanese adopted white man technology at a rapid rate and completely ragdolled the Chinese in the 30's, the Rape of Nanjing being a prime example of Chinese humiliation. Never underestimate the Chinese fear of defeat. 

 

 

[Gottfrid]

5 minutes ago, Harrisfan said:

Strong economy without high prices. Germans would not know.

So, you are just another one that assumes I am German. I am Swedish.

 

Then you can stop spreading lies. the US economy was not strong after trumps first tenure, and it has gone downhill ever since. the trend will continue, as Trump will not be able to better US economy that has a dept to GDP percentage of around 97%. That´s ridiculous!

[Harrisfan]

1 minute ago, Gottfrid said:

So, you are just another one that assumes I am German. I am Swedish.

 

Then you can stop spreading lies. the US economy was not strong after trumps first tenure, and it has gone downhill ever since. the trend will continue, as Trump will not be able to better US economy that has a dept to GDP percentage of around 97%. That´s ridiculous!

It was strong pre covid, you stop lying Swede. You obviously know nothing about America. Just another lefty whinger.

[Gottfrid]

5 minutes ago, Harrisfan said:

It was strong pre covid, you stop lying Swede. You obviously know nothing about America. Just another lefty whinger.

Sure it was. Little Trump promised and predicted 3% growth in GDP 2019, but missed with almost 30%. Landed on 2,3%

[Harrisfan]

Just now, Gottfrid said:

Sure it was. Little Trump promised and predicted 3% growth in GDP 2019, but missed with almost 30%. Landed on 2,3%

Nothing with 2.3% gdp growth, low unemployment and low inflation.

 

Everybody wins. 

 

 

[Gottfrid]

8 minutes ago, Harrisfan said:

Nothing with 2.3% gdp growth, low unemployment and low inflation.

 

Everybody wins. 

 

 

Ops! You are not aware? What are you doing in the discussion? The increase percentage in GDP is usually used to measure how much stronger an economy has become during the specific year. See, now you know too. 🙂 

[Harrisfan]

3 minutes ago, Gottfrid said:

Ops! You are not aware? What are you doing in the discussion? The increase percentage in GDP is usually used to measure how much stronger an economy has become during the specific year. See, now you know too. 🙂 

So you know nothing. GDP means nothing to regular people who are paying 30% more for eggs, fuel, bread etc. Thanks for showing you don't understand. Typical lefty. Out of touch with reality. Funny considering you moved from expensive Sweden to cheap Thailand.

[CallumWK]

8 hours ago, Harrisfan said:

Says a liberal Trump hater.

 

Says a "new" member with 65 posts a day average

[CallumWK]

16 minutes ago, Harrisfan said:

GDP means nothing to regular people who are paying 30% more for eggs,

You don't say.

 

Eggs were $6.39 the day Trump took office.

 

[NorthernRyland]

The US is too dependent on Chinese imports and it will take years if not decades to rebuild the local manufacturing base. Until then we need China and a trade war is the wrong away to go about it but we do need a rebalancing which supports native labor.

[Mike_Hunt]

44 minutes ago, CallumWK said:

You don't say.

 

Eggs were $6.39 the day Trump took office.

 

Yep, bird flu outbreak.

[sscc]

1 hour ago, theblether said:

An interesting thing about China is that the wealth is gathered on the Eastern Seaboard and the Interior is poverty stricken. Average Chinese income is around $14,000 a year - US is around $85,000. For China to match the US income level it would need to effectively control all world trade - never going to happen. 

 

So they dance around with preferential treatment under developing country status that they don't deserve because fundamentally the power brokers don't give a flying frog about those that live in the Interior. 

 

But here we have the usual world experts on everything that haven't spent a single second of their life in China pontificating a lot of utter drivel about China winning a trade war. Very good - your off your nut if you think China can genuinely take on the USA and the West without causing severe economic hardship and potential unrest. 

 

No doubt many of you will be of the opinion that the CCP has an iron grip. All it took was a few video images of the last world cup to start street protests and the CCP dropped their knickers. The Chinese were enraged when they saw the rest of the world enjoying freedom post-covid. But of course, you all knew that. 

 

The primary reason ( I should really ask this as a question and have a laugh at the Dems replies ) why China hasn't attempted to take Taiwan is fear of defeat. The CCP would not survive a failed invasion. It's a legacy of the Opium Wars, the national psyche is shattered and another white man defeat would blow Chinese society apart.  

 

What made it even worse was that the Japanese adopted white man technology at a rapid rate and completely ragdolled the Chinese in the 30's, the Rape of Nanjing being a prime example of Chinese humiliation. Never underestimate the Chinese fear of defeat. 

 

 

 

Since CCP took over Mainland China in 1949,  there had been two warfare with USA and ( Red ) China locking horns in Asia. 

 

1950-53   ( Red ) China was the damn weak and poor  and USA was the strongest and most powerful    China-North Korea Vs  USA-South Korea, war ended in a "DRAW",  and completely different from what USA top general Douglas MacArthur  General predicted. 

 

1965-1975  ( Red ) China was involved in the Vietnam war helping Northern Vietnam against  USA Helping Southern Vietnam.   All knew what had happened.  

 

Your statement about Japan trouncing China in 1930's was factual,  but You simply reference to a different Government and different system in different era.     It is just for your own silly  "Feeling Good" rambling. 

 

 

BTW what does world cup have to do with this,   is it  Men World Cup Football Tournament  ?

 

 

 

[GypsyT]

9 hours ago, Harrisfan said:

If Trump was so bad last time why did he win last year?

Voters IQ smaller than shoe size....

 

[sscc]

Trump or No Trump,   USA is on the downtrend. 

Trump or No Trump,   China is on the uptrend. 

 

Regardless of China,   USA is on the downtrend. 

Regardless of USA,     China is on the uptrend. 

 

Two trends going in opposite direction 

Americans are upset because they see China uprising and challenging so rapidly.

The comparison making USA difficult to hide their decline. 

[sscc]

10 hours ago, Harrisfan said:

China buys 7.3% of US exports

US buys 14.8% of Chinese exports.

 

China needs US more than vice versa

 

Trump started the tariffs on Chinese goods  in summer 2018, 

Biden compounded and expanded it in 2021-2024,  at least increasing cars imported from China to 100+% tariffs. 

 

From 2018 to 2024,  the gap of balance had been continuously expanding  such that China had higher surplus on USA-China trade in 2024 than 2018,  and vice versa that USA had higher trade deficit with China. 

In 2024,  the gap had been the highest in history.    

 

The figure you quoted is true,   but it is surely not as relevant as the reality of what is happening.