China decides to impose a 25% punitive tariff on 106 items U.S. goods (worth US$50 billion in total)

[EndangeredSpecies]

That is easy! we can always freeze the money of americain companies' in CHINA,and freeze americain companies wealth only!
i think apple can contribute 50 billion usd in rmb of course!
GE can contribute 50 billions usd as well,
Cisco can contribute 20 billion usd....
micosoft can contribute 10 billions usd,
qualcomm 80 billion usd.....

And then USA freezes the assets of Chinese in US? You know lots of Chinese have invested lots of money in US real estate. They cann't move the land to China.

BTW, Apple doesn't exactly own assets in China, IMHO. They work with partners like FoxConn to manufacture there. I doubt Apple has assets worth 50 billion in China which can be frozen. Or the other companies for that matter. Mostly their even offices will be rented.

Lastly, you know whats the biggest assets of these tech companies? Its IPR and HR. Both are not very amenable to be frozen. They can move good engineers to USA via ICT visa and IPR is way easier to move.

A little nitpicking. What is this 0% rate? Is it the bond coupon rate (interest rate) that is determined at the time of issuing or the actual yield rate reflected in the market? Bond with 0% bond coupon rate can still be sold with discount, which means the market value of the bond is less than its face value. There are many such bonds in the market. It is the yield rate that investors care about, not much with the coupon rate. So, nobody may buy bonds with 0% yield but some will with 0% bond coupon rate (interest rate).

By simple time value of money, a bond with 0% yield is going to be worth less than the money value printed on it. You will have to sell it on discount! You will loose money that way. A God have mercy, if America decides to default on bonds issued to Chinese government.

The death of the american economy is near.

Issue is America will not die alone, it will drag China with it. Why? Because it was China which was bankrolling American economy for past 30 years or so by buying their debt.

 

[TaiShang]

Lol! A 25% car tariff on top of an already existing 25% car tariff? The irony of THEM complaining about tariffs!

The tariffs are on car components imported from the US. Not on the imported cars, which are, as you rightfully pointed out, subject to tariffs, like many other countries do.

The tariff on US-made car components is to encourage US car companies doing business in China to buy car components from domestic Chinese companies.

Very fair, I guess. I do not think GM or Ford will complain.

That's too bad. I like Trump.

I guess Trump will not lose. He will revive neo-fascism even stronger and win.

So, China's move is right. It is a good strategy to create even more angry poor White people, because, they will not go after Trump (they will embrace him even more), they will go after inside enemies, including minorities and big business.

 

[TaiShang]

WRONG! Try again

http://www.chinadaily.com.cn/business/motoring/2013-08/28/content_16927605_2.htm
Chinese buyers pay more for Audi, BMW, Mercedes

But actually, the supply of cars increased after the car plate lottery policy was begun in Beijing, Shanghai, and Guangzhou, according to earlier media reports.

Yuan said the dealers in Seattle "usually would have enough cars ready as soon as a customer buys a car. When the cars were not available at that moment, the dealers would deliver in several weeks."

Chen said "all the new cars in Hong Kong are imported because no manufacturers are available here. Hong Kong is a free trading port and only levies tariffs on luxury goods. The tariffs on imported cars are lower."

An expert at China Automobile Dealers Association said imported cars to the Chinese mainland are levied tariffs and taxes of less than 140 percent on top of the import price. But many imported cars are offered at retail prices triple or quadruple the import price.

Beijing Youth Daily found that manufacturing and transporting costs contributed 25 percent to 40 percent to the suggested retail price; tariff and taxes contributed 20 percent to 30 percent to the retail price. In the end, dealers may obtain about 30 percent to 40 percent in profits.

On the basis of imported car prices, Chinese mainland levies a 25 percent tariff, 17 percent value-added-tax, and up to 40 percent consumer tax. An imported vehicle trading company on the Chinese mainland usually pays 25 percent income taxes, and other taxes including business tax, urban maintenance and construction tax, education tax, and some more according to local governments.

When looking at a China-made Audi Q5 model and its US equivalent, Peopledaily.com.cn found the China-made car is sold for 150,000 yuan higher on the Chinese mainland than an imported Q5 in the US.

The Audi Q5 2.0 TFSI, imported to the US, is priced at $37,300 (228,267 yuan). The China-made Audi Q5 2.0T has a suggested retail price of 383,600 yuan on the Chinese mainland. Buyers actually pay more because of dealer mark-up from the suggested price.

The tariffs on imported cars should be 500%, in my opinion. That's still too less and unfair for a developing country like China.

Yet, the new tariffs are on car components made in the US. To encourage US car companies to buy from domestic Chinese car component manufacturers.

 

[Hamartia Antidote]

The tariffs on imported cars should be 500%, in my opinion. That's still too less and unfair for a developing country like China.

Yet, the new tariffs are on car components made in the US. To encourage US car companies to buy from domestic Chinese car component manufacturers.

So the new 25% is on imported components and the old 25% is for the whole car.

 

[TaiShang]

So the new 25% is on imported components and the old 25% is for the whole car.

The tariffs on imported cars (whole car made elsewhere) already existed. It is a common practice for many developing countries. They want, if dominant global players wants a share in their domestic markets, the companies (like GM or VW) need to actually invest and made in that country.

So, China levied heavy taxes on foreign-made cars made outside China. That's why almost all cars sold in China are made in China (by GM, BYD etc). Because, after taxes levied, imported cars become too expensive. If there are outlandish rich people willing to burn money, then, it is their choice.

The tariffs just announced yesterday are on car components made in the US and used by Chinese or US or other companies manufacturing in China.

So, the tariffs do not target GM or Ford per se, but the components manufacturers in the US that export parts to GM, BYD, Ford or others.

I say, that's a much better/smarter move than punishing GM or Ford that do business in China and follow the laws.

 

[Viva_Viet]

Poor monkeys are crying...Although they distorted the truth in this video, but I love to see monkeys been slaughtered and cry... Haha...

What, there are monkeys in the islands again? Don't worry, Our Armada is ready to slaughter them again!

Yeah, ppl also love to watch Nanjing rape , and Deng still love his daddy

Rape of Nanking


Deng: Im so happy to visit my Jap daddy who gave birth to Cnese in Nanjing

Image: February 1979: Chinese vice premier Deng Xiaoping enjoys a joke with the Japanese Prime Minister Masayoshi Ohira, during a visit to Japan. ((Photo by Keystone/Getty Images) )

 

[Kai Liu]

Yeah, ppl also love to watch Nanjing rape , and Deng still love his daddy

Rape of Nanking


Deng: Im so happy to visit my Jap daddy who gave birth to Cnese in Nanjing

Image: February 1979: Chinese vice premier Deng Xiaoping enjoys a joke with the Japanese Prime Minister Masayoshi Ohira, during a visit to Japan. ((Photo by Keystone/Getty Images) )

OK, troll, this is for you: You are still sucking your daddies' dick

 

[Adam WANG SHANGHAI MEGA]

And then USA freezes the assets of Chinese in US? You know lots of Chinese have invested lots of money in US real estate. They cann't move the land to China.

BTW, Apple doesn't exactly own assets in China, IMHO. They work with partners like FoxConn to manufacture there. I doubt Apple has assets worth 50 billion in China which can be frozen. Or the other companies for that matter. Mostly their even offices will be rented.

Lastly, you know whats the biggest assets of these tech companies? Its IPR and HR. Both are not very amenable to be frozen. They can move good engineers to USA via ICT visa and IPR is way easier to move.


By simple time value of money, a bond with 0% yield is going to be worth less than the money value printed on it. You will have to sell it on discount! You will loose money that way. A God have mercy, if America decides to default on bonds issued to Chinese government.


Issue is America will not die alone, it will drag China with it. Why? Because it was China which was bankrolling American economy for past 30 years or so by buying their debt.

Every year, Apple achievs billions of dollars in sales in China. The yuan that the Chinese paid to Apple was deposited into Apple's Mars account or Moon account.

Your IQ is freshing！

 

[Viva_Viet]

OK, troll, this is for you: You are still sucking your daddies' dick

They r defeated and kicked out of VN and never dare to come back while US-Jap still kill Cnese like dogs in every CN-TW conflict

 

[Kai Liu]

They r defeated and kicked out of VN and never dare to come back while US-Jap still kill Cnese like dogs in every CN-TW conflict

Haha, CN-TW conflict? Lol...But everyone knows 200,000 vn women are fucked like dogs by our poor peasants everyday every night, and right now...

 

[Viva_Viet]

Haha, CN-TW conflict, Lol...We only know 200,000 vn women are fucked like dogs by our poor peasants everyday every night, and right now...

Oh yeah, right now, we have been beating thousand Cnese like dogs and kill them like killing rats in VN

 

[EndangeredSpecies]

Every year, Apple achievs billions of dollars in sales in China. The yuan that the Chinese paid to Apple was deposited into Apple's Mars account or Moon account.

Your IQ is freshing！

You don't quite get it. Apple, designs those phones, foxconn manufactures. Retailers and rest of the supply chain buys it from Apple, fulfilled by local manufacturers like foxxconn. Why will Apple keep most of the money from those proceeds in China? Only barely necessary to keep its own owned stores running. Also, most chinese buy stuff from Chinese stores like JD.com and Alibaba. It is the resellers there who keep the stock and whose money is blocked.

Yeah, ppl also love to watch Nanjing rape , and Deng still love his daddy

Keep it clean friend! These kind of images are distasteful. Both China and Vietnam have faced wars and genocides at the hands of foreigners.

 

[Kai Liu]

Oh yeah, right now, we have been beating Cnese like dogs and kill them like killing rats in VN

Right now? By your big mouth? But I am sure your vn women are sucking our poor peasants' dicks with their big mouth right now

 

[Adam WANG SHANGHAI MEGA]

And then USA freezes the assets of Chinese in US? You know lots of Chinese have invested lots of money in US real estate. They cann't move the land to China.

BTW, Apple doesn't exactly own assets in China, IMHO. They work with partners like FoxConn to manufacture there. I doubt Apple has assets worth 50 billion in China which can be frozen. Or the other companies for that matter. Mostly their even offices will be rented.

Lastly, you know whats the biggest assets of these tech companies? Its IPR and HR. Both are not very amenable to be frozen. They can move good engineers to USA via ICT visa and IPR is way easier to move.


By simple time value of money, a bond with 0% yield is going to be worth less than the money value printed on it. You will have to sell it on discount! You will loose money that way. A God have mercy, if America decides to default on bonds issued to Chinese government.


Issue is America will not die alone, it will drag China with it. Why? Because it was China which was bankrolling American economy for past 30 years or so by buying their debt.

An adult (Developped United States) ask a young child (In developping China) to play a fair game.



People with discerning eyes know why developing countries use higher tariffs than developed countries. The tariff rates of Brazil, Argentina, and India，etc are all higher than those of China.

Of course, for Americans, even if China only earns 1% of profits, it is not allowed. The World Trade Organization rules are shit to Americians.

The Americans said that Iraq’s Saddam Hussein has weapons of mass destruction. Therefore, the United States must attack Iraq for freedom and peace (in fact, to control the Middle East to obtain more oil). Where is Iraq’s weapons of mass destruction?

China has suffered economic aggression from the United States for many years.

Ninety-five percent of China's high-end cars are occupied by the United States and German car companies;

China imports 230 billion U.S. dollars chips annually;
The water supply pipelines in more than 40 cities in China are controlled by the French Veolia Group without any improvement,never gonna happen in US or France itself;
Apple Inc. of the United States made huge profits in China and threatened China’s economic security;
Qualcomm has implemented monopoly policies that exclude innovation and competition.............
.................................
but for Americans,no,no Not quite enough, because the Chinese people are living frugally, at the same time, Chinese are hard working people, Americans sleeps, Chinese work hard, Americans eat, Chinese work hard, Americans take vacations, and Chinese work hard. Americans work. Chinese work harder. Then the Americans begin to lie and defile the Chinese: Why the Chinese can progress so fast, you must steal our technology, otherwise the Chinese cannot succeed!
I am telling you why coz Chinese are hard workers than you americains!
I believe that based on the genetics of genes, Americans are descendants of the Indians massacre colonists. With hegemony, Americans invading to other countries is the tradition of Americans.

We also often hear of this: For a perverted murderer (like Americans and japs), the murderer's son, daughter, or grandson usually has mental problems as well.

 

[EndangeredSpecies]

An adult (Developped United States) ask a young child (In developping China) to play a fair game.



People with discerning eyes know why developing countries use higher tariffs than developed countries. The tariff rates of Brazil, Argentina, and India，etc are all higher than those of China.

Of course, for Americans, even if China only earns 1% of profits, it is not allowed. The World Trade Organization rules are shit to Americians.

The Americans said that Iraq’s Saddam Hussein has weapons of mass destruction. Therefore, the United States must attack Iraq for freedom and peace (in fact, to control the Middle East to obtain more oil). Where is Iraq’s weapons of mass destruction?

China has suffered economic aggression from the United States for many years.

Ninety-five percent of China's high-end cars are occupied by the United States and German car companies;

China imports 230 billion U.S. dollars annuall;
The water supply pipelines in more than 40 cities in China are controlled by the French Veolia Group without any improvement;
Apple Inc. of the United States made huge profits in China and threatened China’s economic security;
Qualcomm has implemented monopoly policies that exclude innovation and competition.............
.................................
but for Americans,Not quite enough, because the Chinese people are living frugally, at the same time, Chinese are hard working people, Americans sleeps, Chinese work hard, Americans eat, Chinese work hard, Americans take vacations, and Chinese work hard. Americans work. Chinese work harder. Then the Americans begin to lie and defile the Chinese: Why the Chinese can progress so fast, you must steal our technology, otherwise the Chinese cannot succeed!

I believe that based on the genetics of genes, Americans are descendants of the Indians massacre colonists. With strong power, Americans invading to other countries is the tradition and mission of Americans.

We also often hear of this: For a perverted murderer (like Americans and japs), the murderer's son, daughter, or grandson usually has mental problems as well.

Look, I am not debating morality of these actions. All countries are self serving f*&*&*$$#$ at one level or the other. All I am saying is that it will be much harder for China to fight a trade war with USA owing to them holding more debt and running a bigger positive trade difference. You have more money at stake.