SuperBowl1984 (OP)
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May 18, 2020, 06:16:17 AM |
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US is so poor that president trump constantly attack China. Because China is so rich...
What is the metric to say China is richer than the US? GDP? GDP/capita? Of course, unless the China finally turn into tyrannical government ... they seem to be slowly turning into tyrannical
What what? When did China or CCP become less tyrannical? People there were crushed from the beginning. If you notice why Chinese people are everywhere, it because they are oppressed for thousands of years and nothing changes. Because there is no civil war in China, a government of a country turn tyrannical when there is “WARS”, constrast to the US, the civil war is the one that spark the tyrannical government to get overthrown, World War I and World War II to oust the tyrannical leaders, why I’m calling China turning tyrannical lately? Because they colonise many countries which is very tyrannical moves in disguise.
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Latviand
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May 18, 2020, 07:24:42 AM |
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If you are talking about the production that are mostly being made in China, it's because China has a low labor expense. It's not only the US but most products are being made in China because of cheap labor.
Everyone wants to see that their money is in good hands and the taxes they are paying are being used in an effective project. Although for me, it's not about which country is earning money on production. It's more practical for some big producing companies if the production was held in China because it will lessen the expenses on labor. And after all, when you sell your product in your country, your government will still receive your tax payment. Production in China doesn't necessarily mean that there would be no available job for US citizens. The whole process is not only about production.
China is not cheap to manufacturing goods. I don't think that Apple would rather give their money to China because they think that their country's government is incompetent. I also don't think they will benefit from paying China when they are not even a citizen of that country. Actually I think, the US government is earning enough because Apple has a worldwide sale. They are selling their product in different countries, and the US is the one benefitting from it.
Apple pay so much tax to the China government to the point that nobody know how much it’s paid, no data is leaked to the public, and China can buy the entire USA with cash that’s generated from tax money. If you think that the US government is not good at their job, it has nothing to do with most company production in China. And you could also add a link or source where Trump is attacking China to connect it with your title.
Nobody know why apple refuses to return to their home land, US has whatever China have, young talent, manufacturing fab, low cost labour that willing to work for Amazon, easy credit, raw materials, everything they wish for, but apple refuse to return. First of all, we all know that China is the no.1 manufacturer and producer of our goods all around the world and it true that during this pandemic, their economy is stable and manipulated properly compared to other countries that are suffering in this pandemic. Many of us here are using products or items that were made by them because it is cheaper. US is really affected by this pandemic as their economy is crashing and they don't know what to do, especially that we know there is some conflict between the two countries, China and Us. In terms of Apple, they are both getting some benefits using the product that they are supporting because they both promote Apple products. The reason why Trump attacking China is just simple, because he is racist. His personality as a leader is not that effective and a good image during this pandemic that all he gonna do is to blame China about this pandemic. It is true that China is accountable about this events that pandemic occurs but Trump should also prioritize its citizens.
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plvbob0070
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May 18, 2020, 10:26:14 AM |
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China is not cheap to manufacturing goods.
but cheaper than manufacturing it in the US. Apple pay so much tax to the China government to the point that nobody know how much it’s paid, no data is leaked to the public, and China can buy the entire USA with cash that’s generated from tax money.
What I'm saying is that the reason for an incompetent government is not related to why they choose to manufacture in China. The reason why they are paying huge amounts of money in China is that they are producing it in China so they are obliged to pay there. But I think it's too much when you say that the amount of tax that Apple is paying to China can buy the US. You already said that nobody knows how much they pay China so how can you say that it can actually buy the entire US? Nobody know why apple refuses to return to their home land, US has whatever China have, young talent, manufacturing fab, low cost labour that willing to work for Amazon, easy credit, raw materials, everything they wish for, but apple refuse to return.
It's the manufacturing process that is held in China but it does not mean that everything is from China. They own the design and the material is from different parts of the world.
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Darker45
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May 18, 2020, 10:33:28 AM |
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How is your daily routine during lock down, are you sure you don’t feel poorer at all time? Are you sure you can compare to China spending habit? Are you sure you’re not fearing on getting poorer? I think many people has loss their jobs, without source of income, and it would be very long terms, might be last for a few years, that’s gonna change many people life tremendously, and their daily routine would never be the same again, I’m very curious, to know are you doing any better by now, and what’s your plan or you’re just simply being hostile to the lock down by being unable to be yourself, totally clueless, just at the mercy of lock down, shameless, I think white monkey in China might have more freedom than you’re in your home land. - I am not the US.
- I think God granted me the serenity to accept the things I cannot change. I prayed hard for it!
- Don't even talk of freedom and China at the same time unless you are showing me what an oxymoron is.
- Not only are white monkeys in China not free, they are also eaten.
The difference between the US and China is that the former cannot just spend their tax in whichever way they deem proper without hearings, complaints, heated debates, protests, legal battles, and the like while the latter can spend it any way they want because even the lowest opposing voice is ruthlessly stifled. ... As usual, the thing that’s stopping US to move forward. I totally agree! Pay tax to where it is due. How are you gonna pay tax when you have absolutely no income, no jobs, and no food on the table? The only person who’s still working and paying tax are big businesses in China. - Then don't pay tax.
- I hope those taxes are reaching the people.
They are not. They are not proclaiming themselves to be operating for the sake of the stars and stripes. They mean serious business, purely, and nothing else. ... Many big businesses are acting very hostile, at the mercy of the China government, they need to adjust themselves to best suit the regulatory needs, “serious business”? What’s serious about apple stand? What’s serious about apple wheels? How many times apple has delivering empty promise after Steve Jobs passed the baton? Very serious indeed! - There, everything is at the mercy of the China government. Including human lives.
- What's serious about apple stand and wheels? Nothing! Those are there to fill the unquenchable consumerist thirst.
The assassin, actor John Wilkes Booth...jumped onto the stage...
And broke his leg. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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SuperBowl1984 (OP)
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May 18, 2020, 01:15:40 PM |
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If you are talking about the production that are mostly being made in China, it's because China has a low labor expense. It's not only the US but most products are being made in China because of cheap labor.
Everyone wants to see that their money is in good hands and the taxes they are paying are being used in an effective project. Although for me, it's not about which country is earning money on production. It's more practical for some big producing companies if the production was held in China because it will lessen the expenses on labor. And after all, when you sell your product in your country, your government will still receive your tax payment. Production in China doesn't necessarily mean that there would be no available job for US citizens. The whole process is not only about production.
China is not cheap to manufacturing goods. I don't think that Apple would rather give their money to China because they think that their country's government is incompetent. I also don't think they will benefit from paying China when they are not even a citizen of that country. Actually I think, the US government is earning enough because Apple has a worldwide sale. They are selling their product in different countries, and the US is the one benefitting from it.
Apple pay so much tax to the China government to the point that nobody know how much it’s paid, no data is leaked to the public, and China can buy the entire USA with cash that’s generated from tax money. If you think that the US government is not good at their job, it has nothing to do with most company production in China. And you could also add a link or source where Trump is attacking China to connect it with your title.
Nobody know why apple refuses to return to their home land, US has whatever China have, young talent, manufacturing fab, low cost labour that willing to work for Amazon, easy credit, raw materials, everything they wish for, but apple refuse to return. First of all, we all know that China is the no.1 manufacturer and producer of our goods all around the world and it true that during this pandemic, their economy is stable and manipulated properly compared to other countries that are suffering in this pandemic. Many of us here are using products or items that were made by them because it is cheaper. US is really affected by this pandemic as their economy is crashing and they don't know what to do, especially that we know there is some conflict between the two countries, China and Us. In terms of Apple, they are both getting some benefits using the product that they are supporting because they both promote Apple products. The reason why Trump attacking China is just simple, because he is racist. His personality as a leader is not that effective and a good image during this pandemic that all he gonna do is to blame China about this pandemic. It is true that China is accountable about this events that pandemic occurs but Trump should also prioritize its citizens. I don’t know why the discussion will get distorted into this direction, it as always most of them who’s like to give generic answer, they would just blame everything on racist, inequality, sexism, white, left wing, right wing, and many people seem to buy into this idea. Nope, Trump is getting mad, it’s the money that drive anybody into racist, it’s the wealth that make people fall into jealousy, it’s all about money, the reality is China is so rich it even have impact on billionaire, nothing can drive any guy into insanity than money, you can dismiss it, but it’s you who’s racist trying to call the rest is racist, hypocritical people always do the same.
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DoublerHunter
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May 18, 2020, 01:23:55 PM |
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^ Obviously these two countries are competitors in many aspects but they both have different approaches when it comes to government including other countries. All of us are entitled to our own opinion and depending on our preference we may be on the side of one party to the extent that we may become bias. Because of our preferences, we also tend to love, fight, or sometimes idolized the one that suits our preferences. We probably get into an argument if we encounter someone whose preference is the exact opposite of ours. US and China have different beliefs but at the end of the day, their aim is always for the good of many like for livelihood, security, education, etc. But if we are going to talk about sovereignty China is doing all of these just to defeat the US to have the absolute power for the entire globe since China has started doing that even in my country because they keep on trying to expand their territory to defeat the US easily.
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SuperBowl1984 (OP)
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May 18, 2020, 02:18:55 PM Last edit: May 18, 2020, 02:29:48 PM by SuperBowl1984 |
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^
US always want to be the number one even in the context of who get the most tax income from apple, US try to claim they’re the biggest beneficial from apple becoming the most powerful and valuable business.
No business in this world pay more taxes to the China government than apple did, how much did Apple pay the tax to China government? Nobody know, but one thing everybody know, China own nearly all US debt, and that’s the money China collected from tax income to purchase US debt, where does China get so much US dollar to buy so much debt from the US besides collecting tax money from big US business??? China was in 2004 just a debt ridden poor country with nothing to show, nobody want to be China in 2004, only apple want to go to China, because Apple want to explore the Buddhist soul in the India, and convert into Buddist, the ironic is more and more US company move to China to find the same souls inspiration, that include Zuckerberg, the latest installation being blizzard.
China literally have zero debt and have a lot of USD reserve in their coffers, that’s standing at $3 trillions after acquiring almost all US debt. Yeah from no USD reserve in 2004 into $3 trillions USD reserve in 2020, how did China get so much USD reserve from, nobody know how China could have so much USD reserve, no one want to question that. US is already owned by China in financial means, that’s China basically buyout the entire US, it’s just US refuse to acknowledge, and refuse to move out, like a tenant who refuse to pay rent but not willing to leave too, it’s how the business world work, you don’t pay rent then get out of the house!
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Haunebu
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May 18, 2020, 02:45:28 PM |
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Nobody know, but one thing everybody know, China own nearly all US debt, and that’s the money China collected from tax income to purchase US debt, where does China get so much US dollar to buy so much debt from the US besides collecting tax money from big US business???
I feel like this topic needs to be a part of the Politics section since you are constantly deriding the USA and glamorizing China by highlighting all the so-called benefits that China has over the US. Every country has a mountain of debts which is why China is not an exception. US is already owned by China in financial means, that’s China basically buyout the entire US, it’s just US refuse to acknowledge, and refuse to move out, like a tenant who refuse to pay rent but not willing to leave too, it’s how the business world work, you don’t pay rent then get out of the house!
Lol. What? China owns US? Both countries have powerful economies. Comparing them is a big debate. It seems like you are trying to defend China incessantly since the entire world is blaming them for the COVID situation currently.
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SuperBowl1984 (OP)
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May 18, 2020, 03:31:46 PM |
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^ yeah that’s it, that’s how president trump are feeling right now, president trump get so mad because it’s you who also behave like president trump. So mad that he want to ban China, so mad that you want to ban me, why can’t discuss about US debt in this section? Is it a moderated keyword? Admin can clarify?
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Kakmakr
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May 18, 2020, 05:18:42 PM |
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China is very clever, they grab all the raw resources from the 3rd world countries and then turn that into products to sell it back to the 3rd world countries and even the USA for a massive profit. Their workforce in China is very disciplined and hard working and also cheaper than first world workers in countries like the USA with all their Unions and human right and basic conditions of employment requirements. The people in the US are getting massive salaries, compared to workers doing the same work in the USA. So you cannot blame China for using their own cheaper workforce and also investing into their own economy. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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darewaller
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May 18, 2020, 07:16:54 PM |
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I am not a big fan of USA neither and I think they are run very corruptly and I think you are right in many aspects of your attacks against USA, they are not even as democratic and free as they claim to be as well.
However trying to show how powerful China is by saying they could buy the whole continent of Africa is not a way to promote China neither. Are they very powerful? Sure they are, but their government is the one that is so powerful, Chinese people are still living a lot worse than many people in European countries, even the small and economically bad ones, Americans live better than Chinese as well, almost everyone lives better than Chinese, these are the people who call 1 dollar per day as living wage versus 10 bucks an hour in USA.
Moreover, China is known for their recent horrible treatment of Uyghur Turks and also what they did to Hong Kong. Having a powerful dictatorship doesn't make you a good country, it just makes you a powerful dictatorship, its same as promoting Nazi Germany on their best period.
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abhiseshakana
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May 18, 2020, 07:17:13 PM |
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China is very clever, they grab all the raw resources from the 3rd world countries and then turn that into products to sell it back to the 3rd world countries and even the USA for a massive profit. Their workforce in China is very disciplined and hard working and also cheaper than first world workers in countries like the USA with all their Unions and human right and basic conditions of employment requirements. The people in the US are getting massive salaries, compared to workers doing the same work in the USA. So you cannot blame China for using their own cheaper workforce and also investing into their own economy. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Business with China is divided into two, namely business with private Chinese usually for domestic Chinese business and business with Chinese State-Owned Enterprises for trade affairs or projects outside China. What is scary is that China makes it look like a developed country with a lot of development, but development is not followed by economic growth. Because China regulates that as little money as possible spin outside China. China built several infrastructure projects in Indonesia, namely the nickel and other rare metals processing smelters. When the smelter construction project began, the majority of project materials such as machinery, furnaces, and even steam power plants were all prepared by China, even the workers who carried out construction work ranging from workers to expert technicians, all from China. China lobbies with Indonesian officials to regulate the procedure for exporting and buying and selling metals rarely to make it profitable and allow China to monopolize. The raw material for infrastructure projects from China means that China's industry is moving and the surplus continues. Then the logistics side both domestic and the cross country also moves. Workers are also required from China on the pretext that those who understand the technology are the Chinese people. Then China made the Indonesian government issued a ban on the export of raw metals which directly means Chinese smelter companies in Indonesia can buy, of course, at low prices. While Indonesia where the project exists and the smelter stands only get the dirt of Chinese people who live in Indonesia and a little turnover of money to pay for routine Indonesian overhead. The title is the mega smelter project in Indonesia, but in reality, the money is revolving in China, not in Indonesia. So that the more prosperous the Chinese. Developing countries are just wondering what happened.
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The Sceptical Chymist
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May 18, 2020, 09:08:45 PM |
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US is so poor that president trump constantly attack China. Because China is so rich that they can buy the entire Africa, they can buy the entire existing technology, they can invest into best new talents, they can invest into 5G, 6G, 7G, they can build the best spaceship with all the income they received from tax money.
I'm being honest here, I don't have the attention span (or even the necessary interest) to read a long rant like the OP here. But Trump attacking China doesn't really have much to do with how each country's economy is performing relative to each other--nor is the United States "poor". I don't know what the real truth is behind how this strain of coronavirus got released into the world, but if it originated in China then that's what happened. Trump is being unreasonably antagonistic every time he refers to COVID-19 as "the Chinese virus" even if it's true. If we eventually find out that the virus was released maliciously or there was some sort of coverup, then that's another discussion but as of now not all the facts are known. I'm not a big fan of China, believe me, but I'm not going to pretend that I'm outraged that the outbreak started there.
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figmentofmyass
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May 18, 2020, 10:05:41 PM |
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chinese labor isn't that cheap anymore, but it's still cheaper than american.
Nope, Chinese is not cheap, it’s the US who’s cheap. Chinese are the most expensive talent to hire. Many Chinese are highly paid than many US cheap CEO. i'm not sure what kind of "talent" you mean, but i thought we were talking about manufacturing labor costs. in china, labor cost is estimated to be around $6.50/hour. https://www.statista.com/statistics/744071/manufacturing-labor-costs-per-hour-china-vietnam-mexico/in the USA, the median wage for manufacturing workers is $16.26/hour. even the lowest paid 10% earns $9.77/hour. https://www.bls.gov/oes/current/oes519199.htmchinese labor has become more expensive than mexico, vietnam, or bangladesh but definitely not the USA.
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SuperBowl1984 (OP)
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May 18, 2020, 11:49:09 PM |
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^China is a tax free country for income group $520 to $745 Please use after tax income to calculate. In China $745 is the take home income and zero taxation. China has too much money surplus they don’t need tax to fund the government operation. China is a communist country, everybody is equal, nobody can be too wealthy, government can confiscated all the money and execute anybody who is unreasonably wealthy, sad to say this but it’s completely oppose to capitalism, it’s a crime to be ultra-rich in China. And yeah all the US ultra wealthy government officials will not survive in China without getting executed, you better be very scared to come to China.
In US, low income poor people paid the most in tax while rich people pay zero tax. In China, big business rich people pay the most in tax while poor people pay zero tax.
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Reatim
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May 19, 2020, 05:28:47 AM |
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^China is a tax free country for income group $520 to $745 Please use after tax income to calculate. In China $745 is the take home income and zero taxation. China has too much money surplus they don’t need tax to fund the government operation. China is a communist country, everybody is equal, nobody can be too wealthy, government can confiscated all the money and execute anybody who is unreasonably wealthy, sad to say this but it’s completely oppose to capitalism, it’s a crime to be ultra-rich in China. And yeah all the US ultra wealthy government officials will not survive in China without getting executed, you better be very scared to come to China.
In US, low income poor people paid the most in tax while rich people pay zero tax. In China, big business rich people pay the most in tax while poor people pay zero tax.
For all the discussion above ,may i ask you mate what is the purpose of this thread?you seems to be pushing China against US for what matters are you doing this? And also you have chosen to make such thread while the whole world is under pandemic and hundred of thousands people are dying? Is this the right time for politics?maybe better to pause your ranting first and “HELP PEOPLE NOW BEFORE BRINGING ANOTHER ISSUE” because the world needs help now and not anything more.
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maxdin
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May 19, 2020, 06:13:00 AM |
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^China is a tax free country for income group $520 to $745 Please use after tax income to calculate. In China $745 is the take home income and zero taxation. China has too much money surplus they don’t need tax to fund the government operation. China is a communist country, everybody is equal, nobody can be too wealthy, government can confiscated all the money and execute anybody who is unreasonably wealthy, sad to say this but it’s completely oppose to capitalism, it’s a crime to be ultra-rich in China. And yeah all the US ultra wealthy government officials will not survive in China without getting executed, you better be very scared to come to China.
In US, low income poor people paid the most in tax while rich people pay zero tax. In China, big business rich people pay the most in tax while poor people pay zero tax.
You are right about US being one of the most capitalistic countries and about China being almost the complete opposite of it, the communist country. However, I don't understand what it has to do with "be very scared to come to China" which is nonsense, it is still a country with open borders. And I would like to inform you - US taxes are based on % of your income, so no matter what your salary/profit is you are going to pay some percentage from it. Its not like every person is paying $100 every month because, as you said, this would lead to poor people paying the most in tax.
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Negotiation
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May 19, 2020, 07:43:05 AM |
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^China is a tax free country for income group $520 to $745 Please use after tax income to calculate. In China $745 is the take home income and zero taxation. China has too much money surplus they don’t need tax to fund the government operation. China is a communist country, everybody is equal, nobody can be too wealthy, government can confiscated all the money and execute anybody who is unreasonably wealthy, sad to say this but it’s completely oppose to capitalism, it’s a crime to be ultra-rich in China. And yeah all the US ultra wealthy government officials will not survive in China without getting executed, you better be very scared to come to China.
In US, low income poor people paid the most in tax while rich people pay zero tax. In China, big business rich people pay the most in tax while poor people pay zero tax.
You are right about US being one of the most capitalistic countries and about China being almost the complete opposite of it, the communist country. However, I don't understand what it has to do with "be very scared to come to China" which is nonsense, it is still a country with open borders. And I would like to inform you - US taxes are based on % of your income, so no matter what your salary/profit is you are going to pay some percentage from it. Its not like every person is paying $100 every month because, as you said, this would lead to poor people paying the most in tax. You are right the capitalist society pays more taxes than the poor because of the system Capitalists oppress and exploit the poor in various ways They pay taxes and subsidize the government by taking taxes from them. China is usually responsible for many things but they keep everything secret There are more communism and capitalism in China than in the United States. The rich can pay taxes on their income but not the poor They do not get the minimum value of their income.
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Cnut237
Legendary
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May 19, 2020, 07:56:06 AM |
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US is so poor that president trump constantly attack China.
Disagree. I think he's attacking China because: 1) He's trying to deflect attention away from his own mishandling of the pandemic by shifting blame onto someone else. He does have a history of this sort of behaviour. 2) This is an election year, and bellicose posturing against an external antagonist plays well with the electorate. Trump is incompetent and divisive, and is diminishing US standing in the world. I would imagine that opponents of the US, principally China and Russia, desperately want him to win the election... so despite him attacking China, it makes perfect sense for China to want him to win again. For all his talk of economic war against China, the two countries are inextricably intertwined and their economies hugely interdependent, if one attacks the other then they damage themselves, too.
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bits4books
Sr. Member
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Crypto is not a religion but i like it
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May 19, 2020, 01:43:28 PM |
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Well, Trump have to work out his political platform somehow - so old Donald is trying to bite China. But the main reason as for me is an old as the world and straight from the 20th century confrontation -capitalism VS communism. Even if China is not a Communist country (and it is not because there is state capitalism) the country is still ruled by an authoritarian Communist party (at least by name). No one wants a revival of the USSR in version 2.0 - with narrow eyes and an industry capable of producing anything including thermonuclear bombs and trillions of bullets. The fact that Trump constantly snaps at China is one of the parts of the same and many disliked containment policy where on the one hand we have democracy, AR-15 and military bases around the world and on the other hand - red flags, incredible industrial potential and probability of making Africa yellow. Bipolar world is still here
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