[Into the Arms of The Rising Dragon] Chinese Investment Overtakes Japan in Thailand !!

[oproh]

Thailand has a huge potential, they just need a more stable government. Great to see the positive ties between these two great Asian nations.

 

[TianyaTaiwan]

It's new normal.

Rising with The Dragon Together !

President Xi said,"
Welcome aboard China's train of development
"

 

[Beast]

Thailand will soon buy major Chinese arms to replace the unreliable and expensive US weapons from submarine, frigate, fighter jets, AWACS, SAM, LST to tanks.

 

[Jlaw]

Yes. Japan has been the world's largest creditor for over 2 decades, second to none. China mainland ranks second, well despite fast growing (surpluses) the current net asset is still quite modest given the massive trade/economy. Funds don't directly compete with each other, they co-operate whenever necessary. There is a lot of room for Japan to collaborate with China (plus Taiwan which is world's 4th largest creditor, and Hong Kong which is 6th) in global ODI, look forward to a win-win relationship!

View attachment 273326

Japan Still Beating China on One Score: World’s Top Creditor - Bloomberg Business​

I don't understand how Japan can be a creditor nation when it's GDP debt ratio is 246%?

 

[Shotgunner51]

I don't understand how Japan can be a creditor nation when it's GDP debt ratio is 246%?

Bro these are completely different measures.

Actually Japan has been a creditor nation for 48 consecutive years, and became largest in the world for the last 25 years, that's a known fact. Well such a load of wealth isn't a surprise given Japan has been world's major export superpower for many decades, enjoying huge trade surpluses. Other wealthy creditor nations/regions like Germany, Taiwan, Switzerland, Singapore, Hong Kong, Norway, Netherlands, South Korea, etc., have undergone similar paths.

Japan World’s Largest Creditor Nation for 22nd Straight Year - Japan Real Time - WSJ​

When you mention "debt", to be exact that's government debt am I right? Probably this has been one of the biggest myth! Check these:

• Fully 95% of government debt is held by Japanese themselves. Over 20% of the debt is held by Japan Post Bank, the Bank of Japan, and other government entities. Japan Post is the largest holder of domestic savings in the world, and it returns interest to its Japanese customers. Although theoretically privatized in 2007, it has been a political football, and 100% of its stock is still owned by the government. The Bank of Japan is 55% government-owned and 100% government-controlled. Of the remaining debt, over 60% is held by Japanese banks, insurance companies and pension funds. Another chunk is held by individual Japanese savers. Only 5% is held by foreigners, mostly central banks. The Japanese government is in deep debt, but the rest of Japan has ample money to spare. The Japanese government’s debt is the people’s money. They own each other, and they collectively reap the benefits.
  
• Japan’s debt-to-GDP ratio looks bad, this is just a matter of accounting practice. Japan leads globally in virtually all areas of high-tech manufacturing, including aerospace. The debt on the other side of its balance sheet represents the payoffs from all this productivity to the Japanese people. According to Gary Shilling, writing on Bloomberg in June 2012, more than half of Japanese public spending goes for debt service and social security payments. Debt service is paid as interest to Japanese “savers”. Social security and interest on the national debt are not included in GDP, but these are actually the social safety net and public dividends of a highly productive economy. These, more than the military weapons and “financial products” that compose a major portion of U.S. GDP, are the real fruits of a nation’s industry. For Japan, they represent the enjoyment by the people of the enormous output of their high-tech industrial base. Social security and interest paid to domestic savers actually do stimulate the economy. They do it by getting money into the pockets of the people, increasing “demand”. Consumers with money to spend then fill the shopping malls, increasing orders for more products, driving up manufacturing and employment.
• Some of the money for these government expenditures has come directly from “money printing” by the central bank, also known as “quantitative easing”. For over a decade, the Bank of Japan has been engaged in this practice; yet the hyperinflation that deficit hawks said it would trigger has not occurred. On the contrary, as noted by Wolf Richter "Japanese are in fact among the few people in the world enjoying actual price stability, with interchanging periods of minor inflation and minor deflation — as opposed to the 27% inflation per decade that the Fed has conjured up and continues to call, moronically, price stability". How is that possible? It all depends on where the money generated by quantitative easing ends up. In Japan, the money borrowed by the government has found its way back into the pockets of the Japanese people in the form of social security and interest on their savings. Money in consumer bank accounts stimulates demand, stimulating the production of goods and services, increasing supply; and when supply and demand rise together, prices remain stable.
• Japan’s finances have long been shrouded in secrecy, perhaps because when the country was more open about printing money and using it to support its industries, it got embroiled in World War II. In his 2008 book In the Jaws of the Dragon, Fingleton suggests that Japan feigned insolvency in the “lost decade” of the 1990s to avoid drawing the ire of protectionist Americans for its booming export trade in automobiles and other products. Belying the weak reported statistics, Japanese exports increased by 73% during that decade, foreign assets increased, and electricity use increased by 30%, a tell-tale indicator of a flourishing industrial sector. By 2006, Japan’s exports were three times what they were in 1989. The Japanese government has maintained the façade of complying with international banking regulations by “borrowing” money rather than “printing” it outright. But borrowing money issued by the government’s own central bank is the functional equivalent of the government printing it, particularly when the debt is just carried on the books and never paid back.

http://www.nytimes.com/2011/09/02/b...d-without-angering-voters.html?pagewanted=all
Japan’s Debt Sustains a Deflationary Depression - Bloomberg View
The Japanese Are Dumping Their Gold | Wolf Street
Japan in WWII: A Casualty of Usury? | Veterans Today

 

[Daniel808]

Bro these are completely different measures.

Actually Japan has been a creditor nation for 48 consecutive years, and became largest in the world for the last 25 years, that's a known fact. Well such a load of wealth isn't a surprise given Japan has been world's major export superpower for many decades, enjoying huge trade surpluses. Other wealthy economies like Germany, Taiwan, Switzerland, Singapore, Hong Kong, Norway, Netherlands, South Korea, etc., have undergone similar paths.

Japan World’s Largest Creditor Nation for 22nd Straight Year - Japan Real Time - WSJ​

When you mention "debt", to be exact that's government debt am I right? Probably this has been one of the biggest myth! Check these:

• Fully 95% of government debt is held by Japanese themselves. Over 20% of the debt is held by Japan Post Bank, the Bank of Japan, and other government entities. Japan Post is the largest holder of domestic savings in the world, and it returns interest to its Japanese customers. Although theoretically privatized in 2007, it has been a political football, and 100% of its stock is still owned by the government. The Bank of Japan is 55% government-owned and 100% government-controlled. Of the remaining debt, over 60% is held by Japanese banks, insurance companies and pension funds. Another chunk is held by individual Japanese savers. Only 5% is held by foreigners, mostly central banks. The Japanese government is in deep debt, but the rest of Japan has ample money to spare. The Japanese government’s debt is the people’s money. They own each other, and they collectively reap the benefits.
  
• Japan’s debt-to-GDP ratio looks bad, this is just a matter of accounting practice. Japan leads globally in virtually all areas of high-tech manufacturing, including aerospace. The debt on the other side of its balance sheet represents the payoffs from all this productivity to the Japanese people. According to Gary Shilling, writing on Bloomberg in June 2012, more than half of Japanese public spending goes for debt service and social security payments. Debt service is paid as interest to Japanese “savers”. Social security and interest on the national debt are not included in GDP, but these are actually the social safety net and public dividends of a highly productive economy. These, more than the military weapons and “financial products” that compose a major portion of U.S. GDP, are the real fruits of a nation’s industry. For Japan, they represent the enjoyment by the people of the enormous output of their high-tech industrial base. Social security and interest paid to domestic savers actually do stimulate the economy. They do it by getting money into the pockets of the people, increasing “demand”. Consumers with money to spend then fill the shopping malls, increasing orders for more products, driving up manufacturing and employment.
• Some of the money for these government expenditures has come directly from “money printing” by the central bank, also known as “quantitative easing”. For over a decade, the Bank of Japan has been engaged in this practice; yet the hyperinflation that deficit hawks said it would trigger has not occurred. On the contrary, as noted by Wolf Richter "Japanese are in fact among the few people in the world enjoying actual price stability, with interchanging periods of minor inflation and minor deflation — as opposed to the 27% inflation per decade that the Fed has conjured up and continues to call, moronically, price stability". How is that possible? It all depends on where the money generated by quantitative easing ends up. In Japan, the money borrowed by the government has found its way back into the pockets of the Japanese people in the form of social security and interest on their savings. Money in consumer bank accounts stimulates demand, stimulating the production of goods and services, increasing supply; and when supply and demand rise together, prices remain stable.
• Japan’s finances have long been shrouded in secrecy, perhaps because when the country was more open about printing money and using it to support its industries, it got embroiled in World War II. In his 2008 book In the Jaws of the Dragon, Fingleton suggests that Japan feigned insolvency in the “lost decade” of the 1990s to avoid drawing the ire of protectionist Americans for its booming export trade in automobiles and other products. Belying the weak reported statistics, Japanese exports increased by 73% during that decade, foreign assets increased, and electricity use increased by 30%, a tell-tale indicator of a flourishing industrial sector. By 2006, Japan’s exports were three times what they were in 1989. The Japanese government has maintained the façade of complying with international banking regulations by “borrowing” money rather than “printing” it outright. But borrowing money issued by the government’s own central bank is the functional equivalent of the government printing it, particularly when the debt is just carried on the books and never paid back.

http://www.nytimes.com/2011/09/02/b...d-without-angering-voters.html?pagewanted=all
Japan’s Debt Sustains a Deflationary Depression - Bloomberg View
The Japanese Are Dumping Their Gold | Wolf Street
Japan in WWII: A Casualty of Usury? | Veterans Today

Thanks Bro, that's really Informative.
But can I ask you a question.
How about your opinion for this video?

 

[Jlaw]

Thanks Bro, that's really Informative.
But can I ask you a question.
How about your opinion for this video?

He explained it.

Some of the money for these government expenditures has come directly from “money printing” by the central bank, also known as “quantitative easing”. For over a decade, the Bank of Japan has been engaged in this practice; yet the hyperinflation that deficit hawks said it would trigger has not occurred. On the contrary, as noted by Wolf Richter "Japanese are in fact among the few people in the world enjoying actual price stability, with interchanging periods of minor inflation and minor deflation — as opposed to the 27% inflation per decade that the Fed has conjured up and continues to call, moronically, price stability". How is that possible? It all depends on where the money generated by quantitative easing ends up. In Japan, the money borrowed by the government has found its way back into the pockets of the Japanese people in the form of social security and interest on their savings
___>in America, it goes to corporations never to the general public

Fully 95% of government debt is held by Japanese themselves. Over 20% of the debt is held by Japan Post Bank, the Bank of Japan, and other government entities. Japan Post is the largest holder of domestic savings in the world, and it returns interest to its Japanese customers. Although theoretically privatized in 2007, it has been a political football, and 100% of its stock is still owned by the government. The Bank of Japan is 55% government-owned and 100% government-controlled. Of the remaining debt, over 60% is held by Japanese banks, insurance companies and pension funds. Another chunk is held by individual Japanese savers. Only 5% is held by foreigners, mostly central banks.

--->in US the Federal Reserves (private bank owned by who knows who, with different set of laws) own the US' treasury. They indicate how much to print, when and dictate interest rate not the US government @Götterdämmerung

 

[Shotgunner51]

Thanks Bro, that's really Informative.
But can I ask you a question.
How about your opinion for this video?

Thanks bro! The video is actually about basics on how government of any nation works, Japan included. This video can help a lot of people to grasp basic concept of public financials, and see the roles of its elements like tax, public services, other expenditures, government bond, etc.

In addition to how governments finance their deficits, the major differentiators between governments will be say how tax is being collected, and how expenditure is being spent. That vary largely between nations, even between "democracies", for having very different socio-economic structures.

Tax, and how "they" spend it, are the keys.

 

[Nike]

@Shotgunner51 that's a very informative point of view

 

[Daniel808]

It's new normal.


President Xi said,"
Welcome aboard China's train of development
"

Together With China, We Develop

@Shotgunner51 @Jlaw Thanks brother for the Information

Thailand will soon buy major Chinese arms to replace the unreliable and expensive US weapons from submarine, frigate, fighter jets, AWACS, SAM, LST to tanks.

Can I suggest some

MBT-3000 Deadly Tank

HQ-9 Long Range SAM, First SAM with AESA Radar

Type 071 LPD

Type 052C Destroyer

Type 052D Destroyer

ZDK-03 AWACS, with AESA Radar this AWACS have Greater Range and Better Capability from SAAB 2000 Erieye that Thailand Air Force Operate now. Hope in the Future Thailand can buy some ZDK-03 AWACS. This is a Good AWACS.

Some Cool Stuff from The Strongest Asian Navy

 

[Indos]

@Nihonjin1051

What is your opinion regarding @Shotgunner51 post here....

 

[Globenim]

Wherever this bullish regional hegemon goes they leave economical progress, infrastructure and happy faces.

Who will stop this madness?

 

[Godman]

But, there is a Different between them.
The one is in Rising Stage, and the other one, honestly speaking. is not in a Good Shape.
I Hope in the Future, China can Help Japan to solve his Economic Stagnation problems.
Win-win solution for both Nations.

Sun will rise soon.
JICA is very active now in many developing countries ,Japan is giving lots of low-interest loans for various projects and Japanese investments in many countries are rising

 

[49savage]

Cheers to Thailand and China relations. Good for Asia

 

[xunzi]

Those who rise with us, we will help. Those who try to contain us, we will destroy.