You speak about China setting their policy under US pressure.? that is complete Jiberish to my ears however I maybe wrong but give me ONE single example of such an instance...
Very well. I will give you two examples, though there are more examples. China was the strongest opponent of sanctions against Iran. However, according to reports, it caved under US-EU pressure to agree to it anyway. Another example, China is the largest polluter in the world and under US-EU pressure it caved in to agree to lessening their C02, which will clamp down on their industrial expanse, and furthermore they recently caved into admitting they're the worst polluter. Which puts them in a weaker juristic position.
And as far as dependency is concerned, well if you had the slightest knowledge of Economics, you would know that since China is selling its products in the American market then its AMERICA who is dependent on China not the other way around. simple economics man.
You're confusing USA with Pakistan. USA is a developer nation, not a client/user nation, like Pakistan. Pakistan would be devastated if developer countries refuse to sell to Pakistan, simply because Pakistan has no industry to replace what gets imported. This is the reason why a country like Iran can handle any amount of pressure and not care, while Pakistan's back would break. It counts even more so for the US. The US does not need China's products, they have better products in every category of products that China exports. The reason China manages to outmaneuver all these other country's products, is because their barely paid workers are working their ***** off for barely any money, this allows China to sell their products at dirt cheap prices. Add this to the fact that China keeps their currency at a low, which in turn makes it impossible to compete with them. Now the reason resellers choose to sell more Chinese products than home-made products, is because they can buy Chinese products at dirt cheap prices, add a whole lot of profit on top of it, and still sell it at very competitive prices against home-made products.
I mean of course it would hurt China if america seizes to import Chinese product but hey a seller can always find another buyer.. But since America has become so dependent on China and other countries in recent year, it cannot afford to let go of this trade. I live in the US from the past 10 years.. and to be honest there are not many products here which read "made in USA" anymore..
The reason so many Chinese products are being sold is because of what I said above. The reason you see less "Made by USA" is because consumers rather pay a lower price, than a higher price (the product made by expensive US workers). The US is not dependent on any of this. There are two things that prevents the US from simply blocking China from selling in the US, so its own economy can become better:
1) China is the largest US debt holder, and this is the trade off for allowing Chinese imports. China keeps buying more US debt.
2) They're both WTO members, and it would be unlawful for the US to block them.
This forces the US to use foul tricks, so they recently decided to inject 600 billion newly printed money in their economy to devalue the US dollar. This (in theory) again allows them to compete with China, but stay within WTO regulations. The risk for the US though is that they might collapse as a result (sort of like what happened to the USSR)... this is what scares some.
So answer my one single question... IF America stops this trade.. where the h e l l do you think Its gonna fill have the massive product vaccum in the market so fast? Since they barely manufacture anything at home anymore.. ?
Again, you're very much confusing USA with Pakistan. The US has no problem what so ever in producing any product in whatever quantity. What they're having trouble with is finding consumers for their products. Currently the only stupid clients are some Asian countries (e.g. Pakistan (who buys on debt nonetheless), but more insane buyers would be the Arabian peninsula who buy at an insane rate).
But it seems that even after stating the correct facts yourself, you kinda want to twist the reality or perhaps don't want to accept it...
I mean is the person who owes money in greater trouble or the person who is lending the money. Plain logic man.
You're very much in need on getting yourself up to date on basic commerce and economy. Please stop embarrassing yourself, you have no idea what my background in economics is, so stop guessing on that too.
