As trade war looms, the US looks confident. China, not so much

[Viva_Viet]

o

That will be an interesting showdown. every student at business school is curious to see who will win at the end.

I told u many years ago already. CN will be in chaos in 2023. Just tell that to the students.

 

[Viet]

I told u many years ago already. CN will be in chaos in 2023. Just tell that to the students.

I remembered of the words of the many posters saying: our big country would be the last that becomes industrialized, while other will lag forever behind. Ok we will see. I believe there will be a big chance for VN to grab as many as possible manufacturing companies from America and her allies Japan, Korea and Taiwan fleeing to a new safe heaven

 

[Viva_Viet]

I remembered of the words of the many posters saying: our big country would be the last that becomes industrialized, while other will lag forever behind. Ok we will see. I believe there will be a big chance for VN to grab as many as possible manufacturing companies from America and her allies Japan, Korea and Taiwan fleeing to a new safe heaven

Before bowing down and begged help-support from daddy JP-US in 1978, CN is just a country of 500 hungry peasants starving in every winter.

CN is just a maid of JP-US making money by doing cheap house work and cleaning JP-US's azz. I just dont know why Cnese here think that they can be super power just by being JP-US's maid. Now, US dislike her and sanction her, so CN maid just simply go broke cos no boss pay money and she also can not make money by herself.

 

[Kiss_of_the_Dragon]

Before bowing down and begged help-support from daddy JP-US in 1978, CN is just a country of 500 hungry peasants starving in every winter.

CN is just a maid of JP-US making money by doing cheap house work and cleaning JP-US's azz. I just dont know why Cnese here think that they can be super power just by being JP-US's maid. Now, US dislike her and sanction her, so CN maid just simply go broke cos no boss pay money and she also can not make money by herself.

Came from a Viet that their ancestors bowed down China for millennium while offering tributes to show their sign of submission. keep entertain me

 

[Viva_Viet]

Came from a Viet that their ancestors bowed down China for millennium while offering tributes to show their sign of submission. keep entertain me

Since I was born, I only see VN leader laughing at the stupidity of CN (Zhou Enlai also admit that PLA was very stupid in Long march), I also saw CNese were beaten like dogs in 2014 conflict.

-----------------
Engels had already spoken on people’s war. Later the Soviet Union, China, and ourselves also spoke [on this matter]. However, these three countries differ a lot on the content [of people's war]. It is not true that just because you have millions of people you can do whatever you like. China also spoke on people’s war, however, [they held that] “when the enemy advances, we must retreat.” In other words, defense is the main feature, and war is divided into three stages with the countryside used to surround the cities, while [the main forces] remain in the forests and mountains only… The Chinese were on the defensive and very weak [during World War II]. Even with 400 million people pitted against a Japanese army of 300,000 to 400,000 troops, the Chinese still could not defeat them.

I have to repeat it like that, for before China had sent advisers to us [some of our Vietnamese] brothers did not understand. They thought the [Chinese] were very capable. But they are not so skilled, and thus we did not follow [the Chinese advice].

In 1952, I left northern Vietnam for China, because I was sick and needed treatment. This was my first time abroad. I put questions to them [the Chinese] and saw many very strange things. There were areas [which had been] occupied by Japanese troops, each with a population of 50 million people, but which had not [had] a single guerrilla fighter…

When I returned from China, I met Uncle [Ho]. He asked me:

This was your first time to go abroad, isn’t that right?

Yes, I went abroad for the first time.

What did you see?

I saw two things: Vietnam is very brave and they [the Chinese] are not brave at all.
I understood this from that day on. We [the Vietnamese] were entirely different from them. Courage is inherent in the Vietnamese person, and thus we have never had a defensive strategy. Every inhabitant fights.

Recently, they [the Chinese] have brought several hundred thousand troops in to invade our country. For the most part, we have used our militia and regional troops to attack them. We were not on the defensive, and thus they suffered a setback. They were not able to wipe out a single Vietnamese platoon, while we wiped out several of their regiments and several dozen of their battalions. That is so because of our offensive strategy.
The American imperialists fought us in a protracted war. They were so powerful, yet they lost. But there was a special element, that is the acute contradictions between the Chinese and the Soviets. [Because of this,] they have attacked us hard like this.

…Vietnam fought the Americans, and fought them very fiercely, but we know that the US was an extremely large country, more than capable of amassing 10 million troops and bringing all of its considerably powerful weapons in to fight us. Therefore we had to fight over a long period of time in order to bring them to de-escalation. We were the ones who could do this; the Chinese could not. When the American army attacked Quang Tri, the Politburo ordered troops to be brought in to fight at once. We were not afraid. After that I went to China to meet Zhou Enlai. He told me: “It [the attack in Quang Tri] is probably unparalleled, unique. In life there is only one [chance,] not two. No one has ever dared to do what you, comrades, have done.”

…Zhou Enlai was the Chief of the General Staff. He dared to speak, he was more frank. He told me: “If I had known before the ways which you comrades employ, we would not have needed the Long March.” What was the Long March for? At the beginning of the march there were 300,000 troops; and at the end of the Long March there were only 30,000 remaining. 270,000 people were lost. It was truly idiotic to have done it in this way – speak as such so that you, comrades, know how much we are ahead of them. In the near future, if we are to fight against China, we will certainly win… However, the truth is that if a different country [other than Vietnam] were to fight against China, it is not clear that they would win like this [like Vietnam].

https://defence.pk/pdf/threads/comr...m-leader-on-china-aggression-mao-deng.323391/

 

[Kiss_of_the_Dragon]

Since I was born, I only see VN leader laughing at the stupidity of CN (Zhou Enlai also admit that PLA was very stupid in Long march), I also saw CNese were beaten like dogs in 2014 conflict.

-----------------

keep writing your fantasy, as matter of fact, your ancestors had such low life by crawling to Chinese imperial palace begging for peace by offer tribute as consider their nation as tributary state of China, I guess the millennium humiliation is still not enough.

 

[Viva_Viet]

keep writing your fantasy, as matter of fact, your ancestors had such low life by crawling to Chinese imperial palace begging for peace by offer tribute as consider their nation as tributary state of China, I guess the millennium humiliation is still not enough.

Zhou Enlai admit PLA is very stupid. Current CN officers admit US's sanction could trigger chaos. SO, I wont waste time wt some dish washer in some cheap-dirty CNese restaurant here.

I will put a dish washer like u on my ignore list till 2023, CN officers admit US's sanction could trigger chaos already. SO, nothign else to talk wt low life guy like u

----------------
China reportedly aims to tackle 'uncertainties' in employment with incentives to boost job creation

• China will offer incentives aimed at encouraging firms to create and maintain jobs as it tries to head off "uncertainties" in employment, the official China Daily said on Thursday.

 

[Kiss_of_the_Dragon]

Zhou Enlai admit PLA is very stupid. Current CN officers admit US's sanction could trigger chaos. SO, I wont waste time wt some dish washer in some cheap-dirty CNese restaurant here.

I will put a dish washer like u on my ignore list till 2023, CN officers admit US's sanction could trigger chaos already. SO, nothign else to talk wt low life guy like u

Get your fact right, even today Chinese are still boss in Vietnamese Pho restaurant, you Viets are only useless that can only do what we ask and at the end of the day, we collect the big money while we let you bleed and sweat for few dimes.

What's matter to scare of what I said to you? sure keep me ignore is the best you can do.

 

[Viva_Viet]

Dow jumps 200 points ahead of US tariffs on China, tech rises

• Stocks rise as Micron leads strong gains in tech.
• Investors brace for levies on $34 billion in Chinese-made goods to take effect on Friday, with Beijing expected to respond with its own levies on U.S. goods.
• “As he ratchets up the trade conflict with China, President Trump’s protectionism will inevitably start to damage the global economy,” one strategist says.

Fred Imbert | Alexandra Gibbs
Published 16 Hours Ago Updated 6 Hours AgoCNBC.com


Dow on pace to break three-week losing streak 9 Hours Ago | 03:15
Stocks closed higher on Thursday as technology shares rose, but investors remained on edge as the U.S. prepared to slap tariffs on goods imported from China.

The Dow Jones Industrial Average rose 181.92 points to 24,356.74, with Intel and Walgreens Boots Alliance outperforming. The S&P 500 gained 0.9 percent to close at 2,736.61 as tech climbed 1.5 percent. The Nasdaq composite advanced 1.1 percent to 7,586.43 as Facebook, Amazon, Netflix and Google-parent Alphabet all rose.

The U.S. is expected to activate levies on $34 billion in Chinese-made goods on Friday, with Beijing expected to respond with its own levies on U.S. goods.



“As he ratchets up the trade conflict with China, President Trump’s protectionism will inevitably start to damage the global economy,” said Dario Perkins, managing director at TS Lombard. “Markets are understandably skittish and a protracted period of tension could both undermine the macro outlook and produce a much nastier endgame.”

Trade tensions have kept a lid on equity gains recently as investors fret over the tariffs' impact on corporate profits and the broader global economy.

Sentiment around trade was lifted slightly after Reuters reported that the U.S. ambassador to Germany told industry executives that President Donald Trump could hold off on implementing tariffs on European cars in exchange for concessions. General Motors shares rose as much as 2.6 percent before closing 1.3 percent higher. Fiat Chrysler also rose 6 percent.

Jeremy Klein, chief market strategist at FBN Securities, said he thinks the market has likely already priced in all the negative news regarding U.S. trade. "Any news we get on trade in the short term will be neutral or good," he said. "We already know all the bad news that's out there on this issue."

Tech shares jumped on Thursday, as Micron climbed 2.6 percent. The company confirmed China is blocking some chip sales, but noted the situation will only have a minor impact on its revenue.

The Federal Reserve released a summary of its most-recent meeting. The summary showed the central bank was worried that letting the economy run too strong could lead to a "significant economic downturn." At the last meeting in June, the Fed increased its benchmark short-term interest rate by a quarter percentage point. In addition, the central bank signaled that two more rate hikes were expected to occur by year-end.

"The Fed would like to get off its accomdative stance and the economic data is really starting to support that," said Stephen Lee, managing principal at Logan Capital Management.

The minutes were released after data from ADP and Moody's Analytics showed jobs grew by 177,000 in June, missing expectations. Jobs growth for May was revised higher, however.

Weekly jobless claims rose unexpectedly last week to 231,000, but the overall trend still suggests a tightening labor market. The data were released ahead of the government's monthly payrolls report, which is due Friday.
https://www.cnbc.com/2018/07/05/us-...-data-on-the-agenda-amid-trade-hostility.html

 

[S10]

I told u many years ago already. CN will be in chaos in 2023. Just tell that to the students.

Vietnam will be split back into two by 2023, probably sooner. Tell that to your fellow monkeys.

 

[Viva_Viet]

Trump administration announces list of tariffs on $200 billion in Chinese goods

• The Trump administration on Tuesday announced a list of tariffs on $200 billion in Chinese goods, making good on the president’s recent threats to escalate a broadening trade war with Beijing.
• The tariffs will undergo a two-month review process, with hearings Aug. 20-23.

Chloe Aiello | @chlobo_ilo
Published 2 Hours Ago Updated 2 Hours AgoCNBC.com

Kevin Dietsch | Pool via Bloomberg | Getty Images
President Donald Trump waves while boarding Air Force One at Joint Base Andrews, Maryland, on Thursday, May 31, 2018.
The Trump administration on Tuesday released a list of 10 percent tariffs on $200 billion in Chinese goods, making good on the president’s recent threats to escalate a broadening trade war with Beijing.

“The $200 billion figure we're looking at is roughly equal to their exports to us,” a senior administration official said.

The tariffs will not go into effect immediately but will undergo a two-month review process, with hearings Aug. 20-23.


Some of the products on the list facing tariffs are from Made in China 2025 sectors, the official said. Made in China 2025 is a strategic plan to make China a leader in key global industries, including technology.

When compiling the list of goods, the U.S. Trade Representative took into account what could cause disruptions to China's economy.

The official said the administration has been extremely clear to China in terms of its concerns about trade, but China has been unresponsive.



Trump to release $200B in China tariffs: Report 2 Hours Ago | 05:46
"For over a year, the Trump Administration has patiently urged China to stop its unfair practices, open its market, and engage in true market competition," U.S. Trade Representative Robert Lighthizer said in a statement.

"Rather than address our legitimate concerns, China has begun to retaliate against U.S. products," he added.

The list of new sanctions follows warnings by Trump that he may implement tariffs on at least $500 billion in Chinese goods should Beijing retaliate against the $34 billion in U.S. tariffs that kicked in Friday.

“You do not want to give Jeff Bezos a seven-year head start.”
Hear what else Buffett has to say

Despite the president's threats, China implemented retaliatory tariffs on the U.S. shortly after the $34 billion went into effect last week.

Trump has repeatedly threatened to escalate the trade conflict with China. The dispute with Beijing has roiled financial markets worldwide, including stocks, currencies and the global trade of commodities from soybeans to coal.

U.S. Trade Representative Robert Lighthizer released the following statement regarding the new tariffs:

“On Friday, in response to unfair Chinese practices, the United States began imposing tariffs of 25 percent on approximately $34 billion worth of Chinese imports. These tariffs will eventually cover up to $50 billion in Chinese imports as legal processes conclude. The products targeted by the tariffs are those that benefit from China’s industrial policy and forced technology transfer practices.China has since retaliated against the United States by imposing tariffs on $34 billion in U.S. exports to China, and threatening tariffs on another $16 billion. It did this without any international legal basis or justification.As a result of China’s retaliation and failure to change its practices, the President has ordered USTR to begin the process of imposing tariffs of 10 percent on an additional $200 billion of Chinese imports. This is an appropriate response under the authority of Section 301 to obtain the elimination of China’s harmful industrial policies.

USTR will proceed with a transparent and comprehensive public notice and comment process prior to the imposition of final tariffs, as we have for previous tariffs.On August 14, 2017, President Trump instructed USTR to begin the Section 301 process. For many years, China has pursued abusive trading practices with regard to intellectual property and innovation. USTR conducted a thorough investigation over an 8-month period, including public hearings and submissions. In a detailed 200-page report, USTR found that China has been engaging in industrial policy which has resulted in the transfer and theft of intellectual property and technology to the detriment of our economy and the future of our workers and businesses.USTR’s Section 301 report found that Chinese policies and practices force U.S. innovators to hand over their technology and know-how as the price of doing business in China.

China also uses non-economic means to obtain U.S. technology, such as using state-owned funds and companies to buy up American businesses and imposing burdensome intellectual property licensing requirements in China. USTR’s report also found that the Chinese government sponsors the outright theft of U.S. technology for commercial benefit. These practices are an existential threat to America’s most critical comparative advantage and the future of our economy: our intellectual property and technology.For over a year, the Trump Administration has patiently urged China to stop its unfair practices, open its market, and engage in true market competition. We have been very clear and detailed regarding the specific changes China should undertake.

Unfortunately, China has not changed its behavior – behavior that puts the future of the U.S. economy at risk. Rather than address our legitimate concerns, China has begun to retaliate against U.S. products. There is no justification for such action.As in the past, the United States is willing to engage in efforts that could lead to a resolution of our concerns about China’s unfair trade practices and to China opening its market to U.S. goods and services. In the meantime, we will remain vigilant in defending the ability of our workers and businesses to compete on a fair and reciprocal basis.”

https://www.cnbc.com/2018/07/10/whi...t-of-goods-hit-by-200-billion-in-tariffs.html

 

[hoangsa74]

awesome, another day, another 200 billions, keep it rolling babe

 

[saltyashell]

I guess the american gravy train has shut its door to the chinese.
The response of the normal chinese suspects here is interesting with hardly a squeak.
Bet they have been ordered to not rock the boat by their employers.

 

[Viva_Viet]

I guess the american gravy train has shut its door to the chinese.
The response of the normal chinese suspects here is interesting with hardly a squeak.
Bet they have been ordered to not rock the boat by their employers.

Hundred million Cnese losing jobs. CN chaos coming so closed

 

[saltyashell]

Hundred million Cnese losing jobs. CN chaos coming so closed

Vietnam should increase patrolling on its borders to prevent any chinese economic refugees from sneaking in.