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Author Topic: China as part of the future world economy.  (Read 173 times)
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July 31, 2020, 09:50:06 AM
Last edit: August 01, 2020, 08:22:20 AM by Jet Cash
 #1

I've just watched this video  - https://www.youtube.com/watch?v=A1xde-gKgvA

The guy makes a lot of interesting points, but he seems to have several misconceptions. China doesn't care about the bulk of its population, so they aren't really an economic drain. China is currently gaining control of world shipping, mining of gold and other minerals, pharmaceuticals, farming in the US and other countries, tech manufacturing and several other areas of economic importance. He sees the failure of debts by countries who borrowed from China as a weakness, but in fact they are being used to gain strategically important land in countries around the world. The ownership of the port of Piraeus in Greece is one example of this.

He also seems to misunderstand the situation in the US. America is a colony of Washington, and Washington is controlled by the current ruling dynasties. The real world military power is the Five Eyes Alliance, and the US is a part of this. In fact it is the fall guy that is getting all the blame for military aggression, and the dynasties can move the chess pieces with relative impunity.

There is so much in this video that can be discussed, and I'd be interested in others opinions about some of the topics.

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July 31, 2020, 02:05:25 PM
Last edit: July 31, 2020, 02:15:55 PM by franky1
 #2

it you ignore the american tweaking of the exchange rate to hide real value and make it cheap to buy things from asia

if you do it as a loaf of bread value.
the amount of loves of bread value america buys from asia(giving them value) is more than the amount of bread value asia gives to the US

yep asia gets more then it receives
then if you take the average bread value wealth per populous. asia has more combined populous wealth than america

the only thing is that at the dollar exchange rate
where a bread loaf in asia is $1.40c but is $2.50 in america
they make it look like asia only has 63trill where america has 100trill DOLLARS value

but at bread loaf value
china is more like 45 trillion loaves of bread. and america is only 40trillion loaves of bread
which if you then priced both asian and american loves of bread at an equal valuation of $2.50
puts america at its $100trill.
and puts china at $112trill

yep. the exchange rate is hiding the actual product vs product value wealth

the most silly part is
by tweaking the exchange rate to lower the dollar perception of china's real value to appear less than america. . yep to do all that just to have a shiny name badge of 'america is top' using false math
its actually made china more desireable place to buy things from
EG buying bread at $1.40 instead of $2.50
thus america ends up giving more money to asia to buy things from it. and asian dont buy as much from america

..
america think the next level is to force asia into buying more. but here is the kicker. though china 'appears' to buy more. its actually just acting like a middleman sales men for other countries.
while taking a slice of profit ontop.
asia resales the america sanctioned/tarriffed produce to plasia like the middle east or australia

which is why australia is a more expensive place to live than america because of the flow of produce.
EG
if america forced asia to buy american bread at $2.50
it would agree. tell america to put it on a boat. and that boat wont go to china. but instead ship straight to australia and sell it to them for $3.20 ($30cent cheaper than australian bread, so create a demand)
and china keeps $0.70c profit as the middleman

yep china gets more value from america than america gets from china.
america is now paying the price for these stupid tactics because china is becoming less reliant on america to survive. but america is becoming more reliant on china to survive
which is where these trade wars are happening of forcing china to buy american stuff because usually china dont want american stuff.
america is trying to latch onto new countries like africa, UK, europe as new ventures.
heck in 2012 america latched onto russia. which is why you now see russians with iphones and KFC/mcdonalds

but russia doesnt need america which again america respond with sanctions of forced product purchases. soom america will lose that fight and have no bog continental 'partners' to sale to that actually want their stuff

..
the most easiest solution. without much change at all is to invert the exchange rate.
make is so instead of 1yuan being $0.14c  make 1 yuan 30cents
that way. at bread loaf value
what costs 10 yuan in china natively. they can buy from usa for only 8 yuan, thus actually want to buy things from america

yea it means it costs more to buy a 10yuan chinese loaf because the conversion is then $3..
but that just means its cheaper to make things within america. and better to sell to other countries.. rather than the opposite
keeping the yuan/dollar exchange rate below the 1yan=$0.25c.. (reality $0.14) purely to take the title of 'us the greatest economy) is actually making america the worse REAL economy.

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July 31, 2020, 08:46:46 PM
 #3

China is currently gaining control of world shipping, mining of gold and other minerals, pharmaceuticals, farming in the US and other countries, tech manufacturing and several other areas of economic importance. He sees the failure of debts by countries who borrowed from China as a weakness, but in fact they are being used to gain strategically important land in countries around the world. The ownership of the port of Piraeus in Greece is one example of this.

China dont have much minerals. USA is minerals extremely rich. That is why China invested so much in Africa. To secure minerals there for their industry. China cant compete with NATO in navy. That is what they started Silk road project. When Silk road will totally function it will be pointless to control World seas. China will be able to import from Africa, Europe and Asia to fulfil demands of biggest world economy.

But China will not be nr.1 for long. Soon India will raise to power. China population will age and reduce in next 50 years time. India youth will prevail.
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July 31, 2020, 08:58:59 PM
 #4

That is what they started Silk road project. When Silk road will totally function it will be pointless to control World seas. China will be able to import from Africa, Europe and Asia to fulfil demands of biggest world economy.

america is losing control of the bit of water between mexico/brazil for its atlantic/pacific passage
america tried to grab alaska to try making a northern passage as a backup

but if mexico and brazil join the brics side. then america will have to start taking the long route around

i know the topic creator might want to turn this into a global warming conspiracy of america trying to melt the northern passage on purpose. but i think we should try not having conspiracy theories for once

as for the bits about china not having the minerals that USA does
USA dried up all its oil and gold. thats what america is invading alaska. and trying to get a northern pipeline to bring it down to america
next america want to go 'space mining' asteroids
yep. next mission to mars is not to see if they can find microbacteria. but to find out if they can find water for fuel and what minerals certain area's of the planet have so they can decide where to mine mars

yet china. because they only just become capitalists in the last couple decades. and were not 'city slickers' in the 1960's.. they have yet to reap their land for resources.
but do have more 'bread loaf' value when it comes to setting up industry in other countries

but here is the thing.
if china are making produce to sell to other countries.. those other countries actually want china to buy the material cheaply.. so the stupidity of it is america actually want china to be able to get the best gold and mine it easily so that america can then buy if from china.
so no loss to china

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July 31, 2020, 09:08:44 PM
 #5

China upcoming rival is disgusting, China involved in businesses with Africa is giving them more room for future world economy, remember, they are smart, brain alarming, and more to talk about. China rich in pharmaceuticals, farming, makes them think innovation, other continents have more than China do but lacks innovation especiallh Africa, that's why all China gave all African countries some million of dollars. I'm thinking in future, China will take over.
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July 31, 2020, 09:14:07 PM
 #6

China is currently gaining control of world shipping, mining of gold and other minerals, pharmaceuticals, farming in the US and other countries, tech manufacturing and several other areas of economic importance. He sees the failure of debts by countries who borrowed from China as a weakness, but in fact they are being used to gain strategically important land in countries around the world. The ownership of the port of Piraeus in Greece is one example of this.

China dont have much minerals. USA is minerals extremely rich. That is why China invested so much in Africa. To secure minerals there for their industry. China cant compete with NATO in navy. That is what they started Silk road project. When Silk road will totally function it will be pointless to control World seas. China will be able to import from Africa, Europe and Asia to fulfil demands of biggest world economy.

But China will not be nr.1 for long. Soon India will raise to power. China population will age and reduce in next 50 years time. India youth will prevail.
China is doing some big game and investing some good amount in Africa and Asia its going to turn things for them as Silk road is really big project recently they have control of few countries ports which is also going to help them if someone feel their future is not good then I am feeling its only day dreaming nothing else Africa and few Poor Asian countries are going to be vital for their good and bright future on other hand Indian future is uncertain after Modi regim as he is doing really poor policies which are killing their bright future hope.
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August 01, 2020, 04:25:57 AM
 #7

China is currently gaining control of world shipping, mining of gold and other minerals, pharmaceuticals, farming in the US and other countries, tech manufacturing and several other areas of economic importance. He sees the failure of debts by countries who borrowed from China as a weakness, but in fact they are being used to gain strategically important land in countries around the world. The ownership of the port of Piraeus in Greece is one example of this.

China dont have much minerals. USA is minerals extremely rich. That is why China invested so much in Africa. To secure minerals there for their industry. China cant compete with NATO in navy. That is what they started Silk road project. When Silk road will totally function it will be pointless to control World seas. China will be able to import from Africa, Europe and Asia to fulfil demands of biggest world economy.

But China will not be nr.1 for long. Soon India will raise to power. China population will age and reduce in next 50 years time. India youth will prevail.
China is doing some big game and investing some good amount in Africa and Asia its going to turn things for them as Silk road is really big project recently they have control of few countries ports which is also going to help them if someone feel their future is not good then I am feeling its only day dreaming nothing else Africa and few Poor Asian countries are going to be vital for their good and bright future on other hand Indian future is uncertain after Modi regim as he is doing really poor policies which are killing their bright future hope.

@Jet Cash I’m not sure if you have read President Xi road map for China or not, because he has planned to turn China into a global player by 2050, and this can only mean one thing that he intends to extend China’s territory’s. Furthermore in recent days China has claimed territory’s in Bhutan, and has even faced off with the Indian army, and I fear that this is just the start unless the new alliance between US, and other country’s can stop them before they expand ahead.

Sources:

https://nationalpost.com/news/world/xi-jinping-lays-out-plan-to-make-china-a-global-superpower-by-2050

https://timesofindia.indiatimes.com/india/chinese-claims-in-bhutan-incursion-in-india-are-indicative-of-their-intentions-pompeo/articleshow/77275802.cms

https://timesofindia.indiatimes.com/world/china/lawmakers-in-eight-countries-form-new-alliance-to-counter-china/articleshow/76233410.cms
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August 01, 2020, 08:11:51 AM
 #8

China is currently gaining control of world shipping, mining of gold and other minerals, pharmaceuticals, farming in the US and other countries, tech manufacturing and several other areas of economic importance. He sees the failure of debts by countries who borrowed from China as a weakness, but in fact they are being used to gain strategically important land in countries around the world. The ownership of the port of Piraeus in Greece is one example of this.

China dont have much minerals. USA is minerals extremely rich. That is why China invested so much in Africa. To secure minerals there for their industry. China cant compete with NATO in navy. That is what they started Silk road project. When Silk road will totally function it will be pointless to control World seas. China will be able to import from Africa, Europe and Asia to fulfil demands of biggest world economy.

But China will not be nr.1 for long. Soon India will raise to power. China population will age and reduce in next 50 years time. India youth will prevail.
China is doing some big game and investing some good amount in Africa and Asia its going to turn things for them as Silk road is really big project recently they have control of few countries ports which is also going to help them if someone feel their future is not good then I am feeling its only day dreaming nothing else Africa and few Poor Asian countries are going to be vital for their good and bright future on other hand Indian future is uncertain after Modi regim as he is doing really poor policies which are killing their bright future hope.
China is now making a move, look at the other countries especially the african countries because there is a debt trap where billions of dollars are debt into China. The China is gaining more power, try to observe the world economy and you will find out that China is now near at the top of the ladder. Most of the international companies have major stockholders which citizen is chinese. Not only in infrastructure and technology that the China excel, also in militarization where they have also advance weapons.
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August 01, 2020, 08:31:12 AM
 #9

I made a few changes to my OP. The most important was about the ageing population not being a gain - it should have read "drain".

With regard to minerals, they control a lot of the mining around the world, including mines in the US. The are also buying up farms and processing companies to control the food supply. I think that the US is being played over military supremacy. China is pushing it to spend vast amounts on new equipment and operations, and this is starving the country of infrastructure maintenance, and support for the economy. It is also probably enriching the Chinese political leaders who may well own shares in the US defence contractors, and of course, they are exporting many of the products and metals used in the production of modern weapons.

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August 01, 2020, 06:00:03 PM
 #10

China is one of the most powerful countries in the world and they are enriching their economies by cooperating with other countries. Among the Asian countries, Africa has extended its hand of cooperation to many affected Africans. It is not just in the case of Africans that China is helping neighbouring countries to improve their economies, in which case China will have a great opportunity to be part of the future world economy. Has sided with the poor and emphasized productivity with agriculture.
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August 02, 2020, 12:02:30 AM
 #11

China is one of the most powerful countries in the world and they are enriching their economies by cooperating with other countries. Among the Asian countries, Africa has extended its hand of cooperation to many affected Africans. It is not just in the case of Africans that China is helping neighbouring countries to improve their economies, in which case China will have a great opportunity to be part of the future world economy. Has sided with the poor and emphasized productivity with agriculture.
The Chinese are far from stupid. Part of this is cooperation, but they are mostly placing pawn and securing strategic assets. If African countries are not careful in their deals with China things can go south quite quickly. China already seized a harbor in Sri Lanka because of an unpaid debt, this could be the first of a series of repossession of strategic assets all around the world.



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August 02, 2020, 10:51:37 AM
 #12

The Chinese are far from stupid. Part of this is cooperation, but they are mostly placing pawn and securing strategic assets. If African countries are not careful in their deals with China things can go south quite quickly. China already seized a harbor in Sri Lanka because of an unpaid debt, this could be the first of a series of repossession of strategic assets all around the world.

You are right because China can use a variety of strategies to do business, but indirectly they are more concerned with trade, which is why China is far ahead of the most powerful countries in terms of strategy and economy. China's real strategy or economic strategy is very difficult to notice very well they are able to come up with new strategy in a very short time.
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August 02, 2020, 11:19:05 AM
 #13

China already seized a harbor in Sri Lanka because of an unpaid debt, this could be the first of a series of repossession of strategic assets all around the world.

They have grabbed Piraeus in Greece as well, and they are moving towards dominance in commercial shipping, including the ownership of ship builders.

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August 02, 2020, 12:16:48 PM
Last edit: August 02, 2020, 01:13:13 PM by franky1
 #14


america invade the middle east and kill hundreds of thousands.. and 'pfft' oh well thats just america
china invade india and kill 20 .. and the world goes nuts

america take over and destroy military bases around the world.. oh well america is just being america
china claim a wildlife sanctuary as theirs.. and the world goes nuts

..
in other news. china and india actually have a good relationship. they are forming the brics afterall
its america that want to cause drama between the two and try to drum up hate between the two countries

imagine it 2 countries with both 1bill pop each. uniting against america with only 320m
2bill vs 320m. i think america are scared if china do unite with india
america dont get as much electronics or fashion. but then have a adversary thats over 6x more populated and self sustaining than america

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August 03, 2020, 04:39:25 PM
 #15

China is just following what US and USSR did.
China's current political system has both pros and cons but the world is not going to easily accept it.
China from ancient times was one of the strongest economy. Though they needed to copy most of the western things to thrive, now they are not just copycat's but are a large source on innovation and ideas.
China's policy has always been economy first but US is doing all it can to destroy Chinese economy. The economic cold war is surely going to divide the world into two poles.
As for India, it do have potential to rise as a superpower but it's politics are based on propaganda and lies. For they do come to world stage, they should join hands with China for economical benefits and regional power. 

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August 03, 2020, 05:14:51 PM
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-He sees the failure of debts by countries who borrowed from China as a weakness, but in fact they are being used to gain strategically important land in countries around the world. The ownership of the port of Piraeus in Greece is one example of this.
-

That's a good observation; also I'd like to point to the BRI project of China which is engineering debt traps for small nations. Just like Piraeus, they have also taken hold of Hambantota port of Sri Lanka.

It's a neo imperial power; which has abandoned the concept of Peaceful Rise which it earlier propounded.

-America-
Very rightly said! The US has no standing from which it can claim that China is violating the world order. It has shamefully done things which China hasn't even started to do yet; but that doesn't mean that China shouldn't be countered.
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