Stephen Cohen
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I hope China get more and more dependent on Russia for energy.
How will that help USA
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I hope China get more and more dependent on Russia for energy.
how is Samsung's investment in Vietnam proved to be a big mistake?The backbone of US foreign policy is still the United Nation system designed by President Roosevelt. US is just trying to see if it can get more than that. If not, it will withdraw to the United Nation system.
The whole world is in free fall. We are entering the stage of anti-globalization because workers in developed countries get really hurt.
In 1980, US had 19 million manufacturing jobs with 200 million populations; but in 2016, US only has 13 million manufacturing jobs with 300 million populations. From now on, manufacturing factories have to go closer to the market, not cheaper jobs. Many Chinese companies have already started factories in US to meet this demand.
Closer to the market, not closer to cheaper labors, will become the mainstream. That's why China invests heavily in Europe, America, Russia and India to protect market shares of Chinese products through revenue and jobs sharing. Samsung's investment in Vietnam proved to be a big mistake. Its market share in China and United States has dropped significantly.
Global trade dropped 13.8% in 2015, but world GDP still increased 3.1%. This just reflects that more factories move closer to the market. Instead Chinese share of global exports jumped in 2015.
China Economic Watch | China Outperforms in Global Trade
Both China and Russia have resources to build independent economy. Both also know very well about diversification and anchoring. Leaders such as Gorbachev are very rare and won't repeat with a century; otherwise China and Russia couldn't make to the current level. United States cannot behave with this kind of mood: Once you pick up some golds, you can pick up gold again. Since the fall of Soviet Union, the wisdom of United States degrades a lot due to hegemony.I hope China get more and more dependent on Russia for energy.
They have factories in Vietnam and they lost their market share in China. If they close all factories in China, they will have no business in China. China, United States, Europe and India all are using domestic market as a tool to promote domestic technology and jobs.how is Samsung's investment in Vietnam proved to be a big mistake?
I am willing to bet, in 5 years, the company will close all factories in China and move to VN.
A China dependency on Russia for energy does not 'help' US directly, but what it does is to introduce a vulnerability into China. Remember when all the people on this forum were cheering for the US to 'collapse' because of if so-and-so reduce oil output, blockade the Strait of Hormuz, etc...etc... ? While the bulk of that is sheer fantasy, there is a grain of truth that our oil import introduced a vulnerability. The bulk of US oil import is from Canada and Mexico, so that vulnerability is small. On the other side of the world, China and Russia are not exactly friendly acquaintances, let alone allies, and much farther from friends.How will that help USA
nonsense. China and Asean have FTA. take Samsung. she can relocate all factories to VN and export smartphones to CN, even the market share is declining in CN. all Samsung needs is import stuffs from CN, which can´t be made in VN. you can dream of making expensive stuffs by robots, and shunt cheap labor to other countries.They have factories in Vietnam and they lost their market share in China. If they close all factories in China, they will have no business in China. China, United States, Europe and India all are using domestic market as a tool to promote domestic technology and jobs.
Old model to develop economy through export-oriented economy with cheap labor is dead. China was lucky to catch the last train. Rising protection and coming of robots make cheap labor less important while market becomes the most important in deciding factory location. The attraction of investments will be decided by the size of local market.
In fact one can take this into one step further and define a relationship model that is completely opposite of what the author has described. Thanks to a similar World view about the opposition to political leadership of the US, China and Russia enjoys a warm economic relationship. Without a similar World view I can't imagine such a warm economic relationship. Thus Chinese and Russian relationship would be very warm even if there weren't any sweet trade deals between them, and thanks to those political ties we see those trade deals. Not the other way around.
Even if there were no trade surplus favoring the Chinese side a capital accumulation in terms of RMB is unlikely. Since RMB is recenlty approved as a reserve currency by IMF, a lot of central bank worldwide planning to enlarge their RMB stockpile. Hence Russia can even trade with 3rd party countries using RMB.
WHY HAS RUSSIA AND CHINA NOT FORMED AN ALLIANCE ALL THESE TIME EVEN UP TO NOW? Lol I dont see any country stopping both countries from doing so.
Why has RUSSIA NEVER(and still doesn't) support China when it comes to your core interests and vice versa? Is it also because of the 'evil' west manipulations? Lol
Name me one SINGLE time Russia has ever publicly voiced its suppory to China regarding your disputes with other Asian countries, taiwan or even against the U.S. lol With allies/strategic partners like that who needs enemies?
Thing is Russia just has a normal business relationship with China, not different from U.S/Wesr-China massive business/investment ties. They only difference is that they have been selling you all sorts of weapons systems these past decades, so we cant overtly sell sophisticated weapons to you people, apart from parts, engines, 'civilian helicopters' etc.
A China dependency on Russia for energy does not 'help' US directly, but what it does is to introduce a vulnerability into China. Remember when all the people on this forum were cheering for the US to 'collapse' because of if so-and-so reduce oil output, blockade the Strait of Hormuz, etc...etc... ? While the bulk of that is sheer fantasy, there is a grain of truth that our oil import introduced a vulnerability. The bulk of US oil import is from Canada and Mexico, so that vulnerability is small. On the other side of the world, China and Russia are not exactly friendly acquaintances, let alone allies, and much farther from friends.
You are naive in foreign business. If the government is not happy with you, it can have many ways to create troubles for you. For example, Huawei is very difficult to penetrate into US market although it has No. 1 share in the market. The important reason is that Huawei makes everything including chips by itself while other Chinese smartphones players still use chips from US companies. Huawei's market share in United States has no job values to United States. Similarly US government always tries to check European or Japanese cars to help domestic auto makers.nonsense. China and Asean have FTA. take Samsung. she can relocate all factories to VN and export smartphones to CN, even the market share is declining in CN. all Samsung needs is import stuffs from CN, which can´t be made in VN. you can dream of making expensive stuffs by robots, and shunt cheap labor to other countries.
can repeat to other industries such as garment and textile. you can enjoy your high paid jobs for a few, while the mass will struggle to find jobs.
Russia, America support you in the SC Sea?
Don't consume too much drugs, boy, that's not good for you!
You are naive in foreign business. If the government is not happy with you, it can have many ways to create troubles for you. For example, Huawei is very difficult to penetrate into US market although it has No. 1 share in the market. The important reason is that Huawei makes everything including chips by itself while other Chinese smartphones players still use chips from US companies. Huawei's market share in United States has no job values to United States. Similarly US government always tries to check European or Japanese cars to help domestic auto makers.
Robots have entered the explosive stage. It may still no cheap. But every country wants to protect their own manufacturing factories so that robot R&D can be carried out and the country can have a foot on robotic manufacturing. Companies working on robotic manufacturing all get subsidies no matter in China and United States. With protectionism, products made from those robotic manufacturing factories can compete well with those made from cheap labors elsewhere for many industries.
The core of Industry 4.0 is robotics.
. If you really want to try the extend of it, wage an open war on Russia and see how far China is willing to go. I assure you China will go ten Korea Wars on you.
You are just a business partner to us; a small island out of many. We will never have any ideological, historical, and conceptual affinity with you. At the highest level of international politics (UNSC) we will always side with Russia, not you. So, when, it comes to rule making and idea making, Russia is China's only partner/ally.
Lol awww....how sweet.
WHY HAS RUSSIA AND CHINA NOT FORMED AN ALLIANCE ALL THESE TIME EVEN UP TO NOW? .
Europe Bye Bye: China Overtakes Germany as Russia's Largest Oil Customer
The Russian-Chinese oil partnership is shaping to be the most important of such relationships in the world
It only makes sense. We've previously reported that Russia has displaced Saudi Arabia as China's top supplier of oil. But the International Energy Agency has now said that at the end of 2015 China likewise overtook Germany as Russia's top consumer.
"Shipping data suggest that China is importing more and more ESPO crude [East Siberian Pacific Ocean blend] and at the end of 2015 overtook Germany to become Russia’s biggest customer," the IEA said in its Oil Market Report for March released on Friday.
Russia is now the top supplier of oil to the top importer of oil. This is still not quite the biggest energy partnership in the world – the flow of oil from Canada to US is larger – but it's certainly the most geopolitically significant.
The Canadian-American relations would be much the same with or without the massive oil trade, but Russia and China becoming more commercialy important to each other will help to reinforce the many political ties (SCO, BRICS) Beijing and Moscow have been weaving so far.
In fact the growing commercial relationship (particularly in oil and arms) is to a very large extent the consequence of the greater political understanding between the two since 2014 and the Western turn against Russia. The oil relationship specifically is taking off in the wake of a deal whereby Russia is now accepting payment directly in Chinese Renminbi.
This gives Beijing an added ease of mind and is not problematic for Russia either since China is nowadays a massive factory and therefore the renminibi Russia earsn with oil sales can be easily spent on valued Chinese goods. In fact every year Russia imports more from Chine than it exports so there can be no fear of accumulating unwanted currency.
China will go to war with the West if Russia is attacked?? LMAO.
That was funny dude. You got good sarcasm I must confess.
First time I have heard this in my entire life. Good one mate. Lool
Mate we are not in Mao's era of the 1950s . Lol Which common ideology do you have with Russia today?
You do remember that yoy allied with the 'evil west' to bring down your Soviet ideological ally as recently as 30 years ago right?, Did the west force China to abandon irs ideological Soviet Russia? Nope.
Its all about interests mate, so quit that ideological/hostorical affinity bullshit, thats for delusional islamist to believe/swallow.
If anything we have more close relations and affinity with Russia, since they are still European,similar race, and europe has had more people to people contacts /interactions with Russia than China can ever have.
Actually Russia is the safest place to buy energy from. There is no threat of third party meddling in Russia energy policy.A China dependency on Russia for energy does not 'help' US directly, but what it does is to introduce a vulnerability into China. Remember when all the people on this forum were cheering for the US to 'collapse' because of if so-and-so reduce oil output, blockade the Strait of Hormuz, etc...etc... ? While the bulk of that is sheer fantasy, there is a grain of truth that our oil import introduced a vulnerability. The bulk of US oil import is from Canada and Mexico, so that vulnerability is small. On the other side of the world, China and Russia are not exactly friendly acquaintances, let alone allies, and much farther from friends.