China Halts Critical Exports as Trade War Intensifies

[BangkokReady]

2 minutes ago, Gweiloman said:

Is a loss of 3% of your income crucial? Maybe, if you’re earning the minimum wage…

 

So, no evidence, just blah blah.  Got it.  

[BangkokReady]

Just now, Gweiloman said:

Seems like you’re unable to understand anything at all… 

 

Seems you are unable to explain anything or provide evidence for anything.  Just insults.

 

You lose.

[placeholder]

3 minutes ago, BangkokReady said:

 

Do you have any evidence to support this claim?

Got this from AI

A decline of 3% in GDP is considered a significant and concerning development, indicating a recession or a very deep economic slowdown. While not as severe as a depression (typically defined as a GDP decline exceeding 10%), a 3% drop signifies a substantial contraction in economic activity, potentially leading to widespread job losses and reduced living standards

 

However, a 3% decline in China's GDP would only happen if all exports to the US were stopped. Given Trumps recent retreat, that's unlikely to occur.

[thaibeachlovers]

52 minutes ago, BangkokReady said:

 

Trying that soft fluffy percentage tactic again?

 

 

Nonsense strawman.  

 

As I said, you can think what you want, but many will disagree that US$524.9 billion is going to be easy to pick up elsewhere.

 

Most countries don't produce more than US$524.9 billion in a year.  That isn't going to be easy to replace.

You ain't discussing people that care. Mao was IMO responsible for the death of at least 20 million Chinese, and they still revere Mao. Not enough to go around- no matter- just let enough die to make it enough.

Ask the Tibetans if Xi is a nice guy that cares.

 

As always, my opinion.

[thaibeachlovers]

2 hours ago, placeholder said:

No. The fault is Trump's. If so many of us here on aseannow.com could see the threat posed by this dearth, what excuse has he got?

Trump's been in charge how long, and it's all his fault? Reality could slap you around the face and you'd blame Trump for it.

[jas007]

1 hour ago, placeholder said:

Obviously it's an important part of their exports. But it's about 15%. So yes, it should be able to weather the loss for a while. As for the USA, apart from damage to its economy, it's going to be damaging politically. I don't think Trump's position among working class people is going to be improved when their living costs rise sharply. And those are the people who are going to be affected disproportionately.

I'm sure I've said this before, but even if the 15% direct export to the US number is correct, actual Chinese manufacturing capacity is enormously dependent on the US consumer by way of the international supply chain.  For example: China exports a product to Mexico.  In Mexico, that product is added to a product destined for the USA to satisfy US consumer demand.  And it's not just Mexico. China ships products all over the world. And, in turn, many of those same products are manufactured for the US consumer.

 

Bottom line:  To shut down the USA and its consumer is a BAD IDEA. 

[impulse]

The US gets 15% of China's exports, but is responsible for 46% of their world trade surplus.  ($404B/ $878B in 2022)

 

I don't blame China for that.  They're just doing what's best for them.  It's just that the rest of the world has always had better trade negotiators than the US. 

 

Until now.

 

[BangkokReady]

11 minutes ago, placeholder said:

Got this from AI

A decline of 3% in GDP is considered a significant and concerning development, indicating a recession or a very deep economic slowdown. While not as severe as a depression (typically defined as a GDP decline exceeding 10%), a 3% drop signifies a substantial contraction in economic activity, potentially leading to widespread job losses and reduced living standards

 

That... seems to contradict your claims.  🤔

 

I have to say, I'm impressed that you would still provide this evidence, even though it proves you wrong.  That's admirable.

[Eloquent pilgrim]

1 hour ago, spidermike007 said:

This is the way to win a trade war against the bully and a man possessing spectacular levels of ignorance

 

Bully you say. I assume you mean Xi Jinping, or have you chosen to ignore China’s persecution of minorities (something you on the left champion so much) with more than 1 million Uyghurs, and ethnic Kazakhs interned in concentration camps, with the women being forcibly sterilised.

 

Have you already forgotten about the 2500 killed at Tiananmen  square in 1989 for asking for freedom of expression.

 

What about China’s nine-dash-line expansionism in the South China Sea, bullying the Philippines, Vietnam, and Indonesia in direct violation of the UN convention on the law of the sea (UNCLOS)

 

Tibet ?

 

Confucius Institutes in foreign universities, gathering intel to persecute any democracy protesters.

 

Stealing intellectual property from countries around the world.

 

Trapping poor countries into unsustainable debt with their Belt & Road Initiative.

 

Covid 19

 

Supplying armaments, and now even soldiers to Russia to use against Ukraine.

 

Threatening to sabotage the British Steel works furnace site  at Scunthorpe, to make the UK more reliant on Chinese steel.

 

Deploying 3 warships off Australia’s eastern coast to threaten Australia’s policy on Taiwan

 

Bully you say  ??  

 

 

[BangkokReady]

16 minutes ago, thaibeachlovers said:

You ain't discussing people that care. Mao was IMO responsible for the death of at least 20 million Chinese, and they still revere Mao. Not enough to go around- no matter- just let enough die to make it enough.

Ask the Tibetans if Xi is a nice guy that cares.

 

Yeah, whether China will actually care about the effect this will have on its citizens is definitely a factor.  The US will certainly have to wrangle with the fact that the Chinese government might let its people starve, while the US does not have this option.

[placeholder]

6 minutes ago, BangkokReady said:

 

That... seems to contradict your claims.  🤔

 

I have to say, I'm impressed that you would still provide this evidence, even though it proves you wrong.  That's admirable.

This is from me:

"Obviously it's an important part of their exports. But it's about 15%. So yes, it should be able to weather the loss for a while."

It's a recession not a depression.

So, no, it's not a fatal blow or even close. And Xi doesn't have to face midterms.

And once again, given Trump's reversals, it's unlikely that there will be no trade with the us. So the 3% figure is probably too high.,

[Ben Zioner]

4 hours ago, placeholder said:

China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world.

Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors.

https://archive.ph/tKoXH

 

Good.

 

And now offload US Govt. bonds.

[FritsSikkink]

3 hours ago, phetphet said:

That likely means Trump will really start applying pressure on Ukraine to sign his one sided minerals and oil deal.

Most of the minerals are on the Russian occupied side.

[jas007]

3 minutes ago, FritsSikkink said:

Most of the minerals are on the Russian occupied side.

Supposedly, the deal Trump wants to cut with Putin would be for the US to mine on both the Russian and the Ukrainian side, with Russia as a partner and the US supplying military protection.  That may still happen, as the negotiations are ongoing and they get Zelensky out of the way.  Putin. isn't much willing to got negotiate, though, or so it seems.  Anyway, if Trump normalizes relations with Russia and Putin gets a promise of no NATO in Ukraine, maybe it will happen.  

 

Trump wants the war to end and I think Putin does as well.  

[spidermike007]

37 minutes ago, Eloquent pilgrim said:

 

Bully you say. I assume you mean Xi Jinping, or have you chosen to ignore China’s persecution of minorities (something you on the left champion so much) with more than 1 million Uyghurs, and ethnic Kazakhs interned in concentration camps, with the women being forcibly sterilised.

 

Have you already forgotten about the 2500 killed at Tiananmen  square in 1989 for asking for freedom of expression.

 

What about China’s nine-dash-line expansionism in the South China Sea, bullying the Philippines, Vietnam, and Indonesia in direct violation of the UN convention on the law of the sea (UNCLOS)

 

Tibet ?

 

Confucius Institutes in foreign universities, gathering intel to persecute any democracy protesters.

 

Stealing intellectual property from countries around the world.

 

Trapping poor countries into unsustainable debt with their Belt & Road Initiative.

 

Covid 19

 

Supplying armaments, and now even soldiers to Russia to use against Ukraine.

 

Threatening to sabotage the British Steel works furnace site  at Scunthorpe, to make the UK more reliant on Chinese steel.

 

Deploying 3 warships off Australia’s eastern coast to threaten Australia’s policy on Taiwan

 

Bully you say  ??  

 

 

I am no fan of the CCP and the Chinese government, quite the opposite, and in no way shape or form am I saying that China is not a bully.

 

However Trump provoked them, and they are simply responding at this point, and what you don't want to admit is that they have a much stronger hand in this game. They could crush Trump and the US. 

[hotsun]

3 minutes ago, spidermike007 said:

I am no fan of the CCP and the Chinese government, quite the opposite, and in no way shape or form am I saying that China is not a bully.

 

However Trump provoked them, and they are simply responding at this point, and what you don't want to admit is that they have a much stronger hand in this game. They could crush Trump and the US. 

Merely the opinion of an antiamerican, which are the majority here

[placeholder]

Just now, hotsun said:

Merely the opinion of an antiamerican, which are the majority here

When you've got nothing, make it personal. You've got nothing.

[carlyai]

9 minutes ago, hotsun said:

Merely the opinion of an antiamerican, which are the majority here

carlyai isn't antiamerican. 🙂

[Rampant Rabbit]

4 hours ago, GammaGlobulin said:

 

The fault is ours.

We chose to allow China to monopolize manufacture of....EVERYTHING.

 

This began in the early 80s.

Was having China in the WTO actually such a great idea?

 

I can clearly recall, in the early 80s, just how idiotic were many of the decisions being made, at the time.

The decisions were based on wishful thinking, and not reality.

And, the decisions were motivated by American Corporate Greed....for sure.

 

 

Everyone wants cheap stuff, its as  simple as  that really.

When I was a kid everyting wastamped "made in Hong Kong"

[ronnie50]

4 hours ago, JimHuaHin said:

Your move Trump!  Bomb China back to the Stone Age, as was proposed for Viet Nam in the late 1960s?

 

Well will the village idiots in the White House and the MAGA morons realise that we live in an age of economic globalisation and planetary inter-connectivity?

 

All the countries which produce and/or have large reserves of rare earths have been hit with massive USA tariffs, even Australia which has a large trade DEFICIT with the USA!!!

 

In the words of the immortal Forrest Gump "Stupid is, stupid does".

 

 

It's probably why he's so keen on Canada and Greenland.

[Gweiloman]

1 hour ago, Eloquent pilgrim said:

 

Bully you say. I assume you mean Xi Jinping, or have you chosen to ignore China’s persecution of minorities (something you on the left champion so much) with more than 1 million Uyghurs, and ethnic Kazakhs interned in concentration camps, with the women being forcibly sterilised.

 

Have you already forgotten about the 2500 killed at Tiananmen  square in 1989 for asking for freedom of expression.

 

What about China’s nine-dash-line expansionism in the South China Sea, bullying the Philippines, Vietnam, and Indonesia in direct violation of the UN convention on the law of the sea (UNCLOS)

 

Tibet ?

 

Confucius Institutes in foreign universities, gathering intel to persecute any democracy protesters.

 

Stealing intellectual property from countries around the world.

 

Trapping poor countries into unsustainable debt with their Belt & Road Initiative.

 

Covid 19

 

Supplying armaments, and now even soldiers to Russia to use against Ukraine.

 

Threatening to sabotage the British Steel works furnace site  at Scunthorpe, to make the UK more reliant on Chinese steel.

 

Deploying 3 warships off Australia’s eastern coast to threaten Australia’s policy on Taiwan

 

Bully you say  ??  

 

 

Wow! Talk about being brainwashed…

[Gweiloman]

25 minutes ago, hotsun said:

Merely the opinion of an antiamerican, which are the majority here

You mean the majority of the world. Ever asked yourself why?

[GammaGlobulin]

3 hours ago, placeholder said:

 

2 comments making the issue about me. That's because both of you have got no good defense for Trump's rash actions. But if you do want to keep on talking about me, maybe you should go the the gossip forum.

 

You were the one that stated you appreciate open-forums.

Glad you mentioned this important point.

You should know that China is an authoritarian state, and it uses technology to control every facet of life under its Leninist-Marxist regime.

 

We should not be trading and enriching ANY State such as this, especially Red China.

 

Trump, so it is said, has had a long-time objection to trading with China in the way that has been true since the 80s.

No president, no US government, has been able to correct this problem, and it is not about "unfairness".

 

Yes. What Trump is doing should have been done earlier, because it would have been easier.

 

Unfortunately, the USA, the World, did not choose to act decades ago.

 

It will be difficult to disentangle the Free World from Commie China.

But, decouple the world must.

 

You do not care, obviously.

Why it is that you do not care, you might have many ideological reasons.

That's OK....For you.

But not for the world, and not this time, and at this time.

 

 

 

[GammaGlobulin]

3 hours ago, carlyai said:

It does and easily accessed.

You buy an illegal satellite dish and stick it on your building wall, then an illegal (copied) receiver with changeable cards, so everytime the authorities block a signal, you change the card.

The one year I was working there, non of these dishes I knew about were raided.

 

Good advice for anyone of us stupid enough to live in CHina at this time.

But, really, who want to live like this.

The Chinese with enough wealth are GETTING OUT OF This Sinking Stinking Ship of State, fast.

How to get their money out is an issue, but they find a way.

 

The world should not support regimes such as this.

 

Note:  What satellite provider did you use.  And, China actually DOES have the ability to shut these down...because...these also rely partly on a land line, is my understanding.  Will Starlink work in parts of China?  That would be the best way.  But Musk will never antagonize Red China.

 

 

[GammaGlobulin]

3 hours ago, placeholder said:

I'm sure you think your comment is relevant. I can recall similar comments directed at critics of the George W. Bush's Iraq War.

 

You have an amazing memory, it is true.

 

[hotsun]

9 minutes ago, Gweiloman said:

You mean the majority of the world. Ever asked yourself why?

Jealousy, inferiority, etc

[Eloquent pilgrim]

10 minutes ago, Gweiloman said:

Wow! Talk about being brainwashed…

 

Rather than just making a childish ad hominem comment, why don’t you explain anything that is incorrect about the comment of mine that you replied to ………. no; okay, apology accepted, now go and troll someone else.   

 

 

 

[billd766]

4 hours ago, phetphet said:

That likely means Trump will really start applying pressure on Ukraine to sign his one sided minerals and oil deal.

But that also means that the Ukraine is in a far stronger bargaining position vs the USA. The Ukraine doesn't HAVE to sell to the USA. OTOH it also makes the Ukraine more valuable to Russia.

 

This is the big problem when the lunatics who are currently running the asylum have no concept or real idea of what they are doing.

[GammaGlobulin]

21 minutes ago, Rampant Rabbit said:

Everyone wants cheap stuff, its as  simple as  that really.

When I was a kid everyting wastamped "made in Hong Kong"

 

When I was young, everything was stamped Made in USA......but not the United States.

There is a place in Japan, named Usa.  Usa, Japan.

 

Maybe you recall those amazing metal whistles that made that SCREAMING noise.

 

Just junk, but Fun.

 

I do not mind supporting Japan.

But, Commie China is our enemy.

And, not just a "competitor" or a strategic competitor...but  ENEMY.

 

And, there is NEVER enough Power to be divided equally among all parties.

 

When will we idiots finally learn what is on the Commie China Agenda?

 

They have been making slow/fast and steady progress for many decades, toward the same unwavering goal.

 

They want to bring Marxism to the World.

 

 

[candide]

28 minutes ago, GammaGlobulin said:

 

You were the one that stated you appreciate open-forums.

Glad you mentioned this important point.

You should know that China is an authoritarian state, and it uses technology to control every facet of life under its Leninist-Marxist regime.

 

We should not be trading and enriching ANY State such as this, especially Red China.

 

Trump, so it is said, has had a long-time objection to trading with China in the way that has been true since the 80s.

No president, no US government, has been able to correct this problem, and it is not about "unfairness".

 

Yes. What Trump is doing should have been done earlier, because it would have been easier.

 

Unfortunately, the USA, the World, did not choose to act decades ago.

 

It will be difficult to disentangle the Free World from Commie China.

But, decouple the world must.

 

You do not care, obviously.

Why it is that you do not care, you might have many ideological reasons.

That's OK....For you.

But not for the world, and not this time, and at this time.

 

 

 

The only way to contain China is a collaboration between allies in the free world. In this perspective, insulting and ransomning allies of the US is just dumb.