Wake up, America! You’re falling behind

[Asian.Century]

So you want to convert Chinese to muslim as well???

I never said that, all said was that China is in-debted and be in full pride to great "Muslim Warriors" who defeated mighty empires like USSR and now America in process. China should be thankful and supportive to it rather than say ask others to go invade muslim countries, no problem.

Infact, China should support Islamic Countries, or it will continue to remain "isolated" as it is, encouraging and being happy on other countries stupid invasions is a sign of weakness, and it will become an eventual downfall of China, donot provoke with Muslims !!!

 

[ChinaToday]

I never said that, all said was that China is in-debted and be in full pride to great "Muslim Warriors" who defeated mighty empires like USSR and now America in process. China should be thankful and supportive to it rather than say ask others to go invade muslim countries, no problem.

Infact, China should support Islamic Countries, or it will continue to remain "isolated" as it is, encouraging and being happy on other countries is a sign of weakness, and it will become an eventual downfall of China, donot provoke with Muslims !!!

the article was written by an american not chinese

 

[gambit]

Under the FED dictatorship, no wonder the US is so concentrated in the top you mean?





You do not have to care, neither does it change the fact that the 'blown out of proportion' US defense was due to heavy corruption.



A person with no idea about corruption claiming that others know zilch about corruption in other countries? now that is the best joke of the century. Well I guess people can thank the 'free media' for this.
To compare corruption of county state level to the corruption of the military and government is absurd. I guess we can all rubbish away your claims just like how you try to rubbish away the 5% GDP bit.

No...The best joke of the century is the fact that we have a Chinese-British citizen communist wannabe trying to defend China based on some dubious racial ties, bemoaning unequal wealth distribution in the US while ignoring the same in China. Suggestion for you, read up Thomas Sowell on basic economics and learn something. His Basic Economics is still the best out there.

 

[Obambam]

No...The best joke of the century is the fact that we have a Chinese-British citizen communist wannabe trying to defend China based on some dubious racial ties, bemoaning unequal wealth distribution in the US while ignoring the same in China. Suggestion for you, read up Thomas Sowell on basic economics and learn something. His Basic Economics is still the best out there.

Wrong...the best joke of the century is still the person with no idea about corruption claiming that others know zilch about corruption in other countries.

The second best joke is we have a Vietnamese-American citizen Ben Bernanke fan boy trying to defend America based on some dubious American monetary ties, bemoaning corruption and inequalities of China while ignoring the same in the US. Suggestion for you, read more about economics on 'all levels' and learn something because you need it if you want to save the declining American economy.

 

[gambit]

Wrong...the best joke of the century is still the person with no idea about corruption claiming that others know zilch about corruption in other countries.

Then I will ask you a few questions that may be you can clarify...

CAPITALISM WITHOUT DEMOCRACY

...capitalists have never had better access to the political system in PRC history.

When it is THE GOVERNMENT, which is pretty much The Communist Party of China, is responsible for the access, purchase, and distribution of goods and services, the Party created well known benefits such as contracts, credit, interest rates, below-market prices, and best of all: subsidies. The opposite of these benefits are items like licensing approvals, property taxes, import tariffs, and assorted regulatory restrictions.

Therefore...Bribes are needed for two main reasons:

- To access and obtain government benefits
- To reduce overall cost or its corollary to deflect a potential greater cost

Or to put it another way: Governmental (Party) benefits incentivizes bribery from the entrepreneur while the bribe at the same time incentivizes Party officials towards favorable interpretation and enforcement of regulations to reduce those Party inspired and imposed costs for the entrepreneur.

So...Is it true that Chinese private entrepreneurs, in the early stages of economic reforms, recognized the need of/for collusion with Party members at all levels to increase their wealth, concentrate it, and emulate their behaviors like that of Western capitalists but with the additional benefits of Party protection? Kellee Tsai found in 1991 that approximately %7 of private entrepreneurs reported being Party members. Is it true that Zhang Houyi, Ming Zhili, Liang Zhuanyun, and Liu Wenpu found this group doubled its Party membership in 1993 and increased to %18 in 1997 with an additional %11 of private entrepreneurs in their survey indicated a desire to join in order to have Party endorsement in their ventures? Is it true that Li Qiang researched that, per capita, there are more Party members among private entrepreneurs (%34) than among the general population (%5)?

To join the Party, a person must formally submit an application, endorsed by two Party members/patrons, then be assessed throughout a probationary period during which he is reviewed by the Party at all levels of Party structures. The 'review' or probationary period is where the entrepreneur has access or 'face time' with the necessary Party bureaucrats to bribe them for access to business opportunities managed by other Party members who went through the same process. If and once he is accepted, depending on his bribe outlay that may put his family at the poverty line, he is required to regularly attend Party functions and pay Party dues, but by now his access to other business opportunities is quite assured. In short, The Party is the patron, the lobbyist, and finally the guarantor of access/success to Western style capitalist wealth generating in China for the entrepreneur, all the while when required he mindlessly parrot communist/socialist/Marxist/Maoist/whatever-ist lines the Party ordered him to say.

Is it true that even private entrepreneurs who do not wish to join the Party recognized the need to partner with businesses whose owners are Party members and/or join Party endorsed organizations in order to gain mutual Party derived benefits and increased their combined wealth, something in line of the Self-Employed Laborers Assocation, Private Enterprises Association, or the Industrial and Commercial Federation?

China International Fair for Investment and Trade

...China Council for Promotion of International Trade, China National Tourism Administration, China Self-employed Laborers Association, Fujian,Xiamen and Shenzhen

China Vitae : Biography of Bao Yujun

Bao Yujun, male, Mongol nationality, was born in 1942 in Nantong, Jiangsu, Province. He joined the CPC in 1965, and he graduated from the journalism faculty of the People's University of China in 1966. He held high-ranking positions in the "People's Daily," becoming deputy editor-in-chief in 1988.

President, China Private Enterprises Association

Is it true that these organizations are nothing more than Party designed mechanisms intended to monitor and exercise control over these entrepreneurs who do not wish to join the Party? Is it true that the Party's reach, power, and coercion of non-Party entrepreneurs over all of China is such that Bjorn Alpermann, in his 2002-4 survey of rural private entrepreneurs, found over %70 of small businesses owners were members of at least one of these government sponsored organization? Is it true that Jianjun Zhang found that village elections winners were wealthy private entrepreneurs with ties to these Party controlled organizations? Are we expected to believe that the above Bao Yujun, Party member and mouthpiece-in-chief of the Party's progaganda newspaper, is on the lookout for the interests of non-Party members who are engaging in capitalist ventures on their own without official Party patronage?

For all your criticisms of uneven wealth distribution in the US, none here have any doubt that if YOU have the chance, you would do exactly what is needed, as outlined above, to put yourself in the upper strata of Chinese society. There are no shortages of Western business advice for the newcomer to China on how to act upon being approached by a Chinese official asking, sometimes not so subtly, for a bribe.

The second best joke is we have a Vietnamese-American citizen Ben Bernanke fan boy trying to defend America based on some dubious American monetary ties, bemoaning corruption and inequalities of China while ignoring the same in the US. Suggestion for you, read more about economics on 'all levels' and learn something because you need it if you want to save the declining American economy.

Actually...The best joke here is a bunch of conscript rejects making ridiculous claims about military affairs, particularly weaponry. The second best joke is the same bunch that believe China can...ahhh...'collapse'...the US economy.

Granted...The pie chart above is dated, but nothing so drastic has changed since then, and we can use it as an easily grasp graphical reference. Still...We can be generous and say that %30 of US debt is foreign owned.

Here is the breakout of US debt => http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt <=

We can see that China owns roughly %20 of this %30 with Japan very close behind, making a figure of %6 of the total debt. Does anyone really believe that even if we grant a generous additional %2 of debt to China, making %8, this would be enough to 'collapse' the US economy? Say that China 'dump' or more accurately sell US T-bonds en masse. What make anyone believe that Japan and other US friendly countries will not pick up those bonds? The other countries will pick up some and the American public will pick up the rest, all the while we will recognize this move for what it is: a hostile act intended to harm our economy. Yes...China has the right to sell, but we also have the right to impose an import tariff on Chinese goods, making Chinese export more expensive. In the short term, such a trade war will hurt US but it will be the Chinese economy, not ours, that will collapse.

For the long run, there are wiser and smarter heads in the Chinese government than a bunch of conscript rejects who can barely balance their checkbooks but has no problems making proclamations on global economics, and that is worth a laugh from reading...

 

[huzihaidao12]

http://www.stnn.cc/ed_china/200906/t20090611_1043761.html

Give you a Singapore article about Chinese village elections. situation is very complicated, there are many shortcomings, some local governments have your allegations, it is true, but those so-called "private"can also take your allegations, they also interfere with The election process, or use the money, or to collusion and some rural cadres, this will be their interests. not you say, the private sector is white, your idea is really too simple?

 

[ephone]

China has consistently been in good terms with muslim countries and have shown support towards them in the past.

For example, Pakistan, Bangladesh, Iran, Egypt, Turkey, Sudan and etc.

China has invested in many African countries where a lot of them are muslim countries as well.

China has not advocated any invasions into those muslim countries in the past or in any foreseeable future. As long as those muslim countries take their hands off China internal muslim problems, I think both sides should be fine in long term.

For the current unrest in mid-east, China has no involvement whatsoever. I think muslim countries need solve their problems first and fast. Otherwise, the only ones hurt are yourselves.

About invasions leading by U.S. and NATO, there is not much China can do. We won't be able to go into war against them. However, we do let them know what we feel about those issues. I think China will do more in the future about that when we are stronger.

I never said that, all said was that China is in-debted and be in full pride to great "Muslim Warriors" who defeated mighty empires like USSR and now America in process. China should be thankful and supportive to it rather than say ask others to go invade muslim countries, no problem.

Infact, China should support Islamic Countries, or it will continue to remain "isolated" as it is, encouraging and being happy on other countries stupid invasions is a sign of weakness, and it will become an eventual downfall of China, donot provoke with Muslims !!!

 

[ephone]

China has a grand history of secular governance. Unlike the US, which claims to secularism, but which its highest political candidates must be CHRISTIAN to have any chance of election.

You have to understand the U.S. is founded based on Christian faith.

Can you elect anyone to the position of president in China if he/she is not a communist??? I do not see such possibility for the next thousand years as long as communists are in control in China. However, I do see there is a possibility that there may be a president elected in U.S. who is not Christian in the future.

 

[Aramsogo]

^^^ Gambit

Financial markets don't work that way. It's not a cooperative. Markets are predatory and canabalistic. The only time it wasn't was for a brief period after 9/1 when Cantor Fitzgerald got nuked. There was a gentleman's agreement not to eat their lunch. There was no such agreement for Bear and Lehman in 08.

If China dumps US Treasuries, it telegraphs to all the world not to buy. If only for no other reason than to wait until China is done dumping before buying. It's a snowball effect. Treasuries are possibly the worst possible investment in the world right now.

 

[below_freezing]

Korean Sentry is a sick racist website that's the equivalent of stormfront.

Funny how their women get *** by whites and they can do nothing but complain, not even organize thugs to beat them up.

 

[Obambam]

Then I will ask you a few questions that may be you can clarify...

CAPITALISM WITHOUT DEMOCRACY

When it is THE GOVERNMENT, which is pretty much The Communist Party of China, is responsible for the access, purchase, and distribution of goods and services, the Party created well known benefits such as contracts, credit, interest rates, below-market prices, and best of all: subsidies. The opposite of these benefits are items like licensing approvals, property taxes, import tariffs, and assorted regulatory restrictions.

Therefore...Bribes are needed for two main reasons:

- To access and obtain government benefits
- To reduce overall cost or its corollary to deflect a potential greater cost

Or to put it another way: Governmental (Party) benefits incentivizes bribery from the entrepreneur while the bribe at the same time incentivizes Party officials towards favorable interpretation and enforcement of regulations to reduce those Party inspired and imposed costs for the entrepreneur.

So...Is it true that Chinese private entrepreneurs, in the early stages of economic reforms, recognized the need of/for collusion with Party members at all levels to increase their wealth, concentrate it, and emulate their behaviors like that of Western capitalists but with the additional benefits of Party protection? Kellee Tsai found in 1991 that approximately %7 of private entrepreneurs reported being Party members. Is it true that Zhang Houyi, Ming Zhili, Liang Zhuanyun, and Liu Wenpu found this group doubled its Party membership in 1993 and increased to %18 in 1997 with an additional %11 of private entrepreneurs in their survey indicated a desire to join in order to have Party endorsement in their ventures? Is it true that Li Qiang researched that, per capita, there are more Party members among private entrepreneurs (%34) than among the general population (%5)?

To join the Party, a person must formally submit an application, endorsed by two Party members/patrons, then be assessed throughout a probationary period during which he is reviewed by the Party at all levels of Party structures. The 'review' or probationary period is where the entrepreneur has access or 'face time' with the necessary Party bureaucrats to bribe them for access to business opportunities managed by other Party members who went through the same process. If and once he is accepted, depending on his bribe outlay that may put his family at the poverty line, he is required to regularly attend Party functions and pay Party dues, but by now his access to other business opportunities is quite assured. In short, The Party is the patron, the lobbyist, and finally the guarantor of access/success to Western style capitalist wealth generating in China for the entrepreneur, all the while when required he mindlessly parrot communist/socialist/Marxist/Maoist/whatever-ist lines the Party ordered him to say.

Is it true that even private entrepreneurs who do not wish to join the Party recognized the need to partner with businesses whose owners are Party members and/or join Party endorsed organizations in order to gain mutual Party derived benefits and increased their combined wealth, something in line of the Self-Employed Laborers Assocation, Private Enterprises Association, or the Industrial and Commercial Federation?

China International Fair for Investment and Trade


China Vitae : Biography of Bao Yujun

Is it true that these organizations are nothing more than Party designed mechanisms intended to monitor and exercise control over these entrepreneurs who do not wish to join the Party? Is it true that the Party's reach, power, and coercion of non-Party entrepreneurs over all of China is such that Bjorn Alpermann, in his 2002-4 survey of rural private entrepreneurs, found over %70 of small businesses owners were members of at least one of these government sponsored organization? Is it true that Jianjun Zhang found that village elections winners were wealthy private entrepreneurs with ties to these Party controlled organizations? Are we expected to believe that the above Bao Yujun, Party member and mouthpiece-in-chief of the Party's progaganda newspaper, is on the lookout for the interests of non-Party members who are engaging in capitalist ventures on their own without official Party patronage?

For all your criticisms of uneven wealth distribution in the US, none here have any doubt that if YOU have the chance, you would do exactly what is needed, as outlined above, to put yourself in the upper strata of Chinese society. There are no shortages of Western business advice for the newcomer to China on how to act upon being approached by a Chinese official asking, sometimes not so subtly, for a bribe.


Actually...The best joke here is a bunch of conscript rejects making ridiculous claims about military affairs, particularly weaponry. The second best joke is the same bunch that believe China can...ahhh...'collapse'...the US economy.

Granted...The pie chart above is dated, but nothing so drastic has changed since then, and we can use it as an easily grasp graphical reference. Still...We can be generous and say that %30 of US debt is foreign owned.

Here is the breakout of US debt => http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt <=

We can see that China owns roughly %20 of this %30 with Japan very close behind, making a figure of %6 of the total debt. Does anyone really believe that even if we grant a generous additional %2 of debt to China, making %8, this would be enough to 'collapse' the US economy? Say that China 'dump' or more accurately sell US T-bonds en masse. What make anyone believe that Japan and other US friendly countries will not pick up those bonds? The other countries will pick up some and the American public will pick up the rest, all the while we will recognize this move for what it is: a hostile act intended to harm our economy. Yes...China has the right to sell, but we also have the right to impose an import tariff on Chinese goods, making Chinese export more expensive. In the short term, such a trade war will hurt US but it will be the Chinese economy, not ours, that will collapse.

For the long run, there are wiser and smarter heads in the Chinese government than a bunch of conscript rejects who can barely balance their checkbooks but has no problems making proclamations on global economics, and that is worth a laugh from reading...

The notion of America&#8217;s traditional allies cares about the US and places the US above its own country is nothing but a wet dream &#8211; As demonstrated in last year&#8217;s G20 summit in Seoul.

The consequence of the QE2 has been strongly voiced against from some of America&#8217;s traditional allies as well as countries such as China and Russia, who are on the perceiving end of the bargaining table. It is embarrassing that the Fed dictatorship is affecting U.S. foreign policy in such a way that the &#8216;puppet President&#8217; has to defend the Fed&#8217;s monetary actions.

Obama&#8217;s main defense is that &#8216;a growing U.S. economy is good for the world&#8217;. No doubt a strong U.S. economy is good for the world. There are questions as to how will quantitative easing help demand in other countries for US goods and how will it help in tackling its economic burdens? What goods do they have for sale? How would the devalued dollar benefit others? Most important of all - How will it QE2 help other nations recover from &#8216;US caused global recession&#8217;?
Because of the QE2 the United States came away with so little at the G20 meeting in South Korea last year. It is obvious that by devaluating the US dollar and exporting the inflation to other countries, it left many countries head turning (including the claimed allies).

With &#8216;stagflation&#8217; being a prominent issue in many developed countries in the EU as well as country like Japan especially, do you really think they will sacrifice themselves more buy snapping up &#8216;en-masse&#8217; the dumped US T-bonds? Do they have the economy to buy up the remaining &#8216;Chinese dumped&#8217; bonds? Considering the fact that the ability to make repayment is already in doubt? By introducing QE2 and exporting inflation to the so-called traditional allied nations, can America really get them to snap up the T-Bonds in a convincing manner? Must I add, that by exporting the US problem on to others who is already suffering greatly from the US initiated problem is not so friendly nor was it a democratic move.

I think it is safe to say &#8211; In this business orientated world, there are no such thing as ally or enemy, but business partners and competitors. When their interests are at stake, don&#8217;t expect to gain any favours from them.
US currently borrows roughly 40 cents of every dollar it spends. So let&#8217;s imagine that one lovely day, the borrowing hits the debt limit ceiling and Congress fails to raise it. The American economy would be hit like a heavy brick in the pond. The damage would ripple across the entire US economy, eventually affecting nearly every American, and &#8216;unfortunately&#8217; rocking global markets in the process.

Have you even seen the US debt clock? Here if you haven&#8217;t seen it:

U.S. National Debt Clock : Real Time

What makes you think US can repay its debt? Especially being so heavily based in the tertiary sector? US are more of a consumer than a seller and consumer prices and fuel are on the rise.

The US is running out of ways to repay its ever increasing debt. It cannot keep raising the debt limit and expect other countries to lend them more money in the form of buying more T-bonds.

As a consequence of the gigantic US debt China and credit agency such as S&P has already lowered the US sovereign credit rating and financial outlook in response to US&#8217;s lack of ability to repay its growing debt.
Not only has that, countries such as Russia and China already begun trading in its own currencies. Further affecting the US status and raising doubts on just how much longer will the depreciating dollar remain as the number one world currency?

Being a country with the largest national debt and lacking options to deal with its debt, you really think they can afford to say &#8216;No&#8217; to free trade by slapping on import tariffs you say? So what makes you think China cannot slap on import tariffs on say US agricultural products?

Now the apparent benefits of the BRICS nations come into mind. All of them being developing countries on similar stages of development possess resources and services they all commonly need. Do you still think US still has the economic leverage it &#8216;once&#8217; had? Being a prominent &#8216;stagflation&#8217; nation, do you still think they can challenge its lenders and talk big and get away with it like it once used to? I don&#8217;t think so.

Slapping on tariffs will result in them doing the same to US products and in worst case scenario when they refuse to sell to the US, then you can expect companies such as Wal-Mart leaving the US followed by more job losses and hyperinflation. When the turd hits the fan, will the US society not be affected? Will their benefits; healthcare, education, tax rates, savings, pension and consumption not be affected?

I can smell cut backs from all levels from hundreds of miles away already.

Now maybe the military evictee; turned yellow sanitary engineer, turned janitor of a elementary school and is now a social reject funny man can add more ways to solving the US problem? Getting rid of Goldman Sach greedy men and the FED dictatorship is perhaps the most logical but also the &#8216;impossible&#8217; thing for you to do &#8211; In spite your &#8216;profound military knowledge&#8217; and rhetorical posts made on numerous forums?
You resemble Obama very much when it comes to ability to talk but doing little to make &#8216;CHANGE&#8217;

So yes, for a military evictee who has no idea on how the world operates to accuse others of not knowing about corruption is definitely the joke of the century.

Furthermore, the absurd claim that a bunch of conscript rejects who can barely balance their checkbooks is nothing but another fantasy of yours.
These &#8216;so-called&#8217; conscripts reject, most likely come from wealthy families will have more money in their bank accounts than your entire life savings plus your &#8216;now&#8217; questionable pension fund. They are also young, becoming qualified and has the financial or influential spring board to further project their career and business prospects. Unlike the former Vietnamese boy, who came to the US with nothing and had to work its way up from scratch in the military before getting evicted with nothing. Oh wait, actually you do have something. You now have the free time to spend and the previous knowledge to use to argue on the internet on a daily basis.

Don&#8217;t believe that China already caught up with America on certain fields and is continuing to better the US.

Perhaps you should read this post by AViet

1.The US is still formidable power in the world, but there are some big problems with them:
1. American average IQ is considerably lower than East Asian people, but US living standards are higher. This is not sustainable in the increasingly knowledge-based and connected world, not resource-based as before.
2. Education quality is considerably poorer than East Asian countries. Even in the poorest parts of China, pupils have average score of OECD countries, Shanghai pupils even toppled the PISA test this year. Although US still retain some world top-notch universities, but I think this is the momentum issue.
3. The arrogant and complacent attitude of US people appear to be very strong. That prevent them from learning from more advanced countries.
4. China story is not hyped at all. It is real. It is now the world&#8217;s biggest manufacturer, the biggest exporter, the biggest creditor; it is the biggest trading partner of the EU and Japan and the second biggest of the US (after Canada) and virtually all emerging countries, except some. It has a powerful modern military, it can shoot down american satellites, it has a top tier space program, it leads the world in Green Technology, it&#8217;s students dominate international academic competitions, it&#8217;s cities are the most modern (and China are now almost 50% urbanized. Even in some of their village, the quality of life is comparable to the West), it has the fastest supercomputer, the fastest trains, the biggest dams, the best infrastructure etc etc.
5. China invest more wisely in the future (green tech, high-tech railways, while US still think in the past.
6. The R&D investment of China is gaining fruits. 2 among top 5 companies with most international patent filling in 2010 are from China. The US has only 1. They are surely not copiers. They are creating new techs.

I just stated the truth, which every one can find from reliable sources.

 

[below_freezing]

Real Vietnamese look down on white sellouts.

 

[Aramsogo]

What China needs is a 500 or 1,000 RMB note for foreign consumption. The equivalent of the $100 US Dollar.
When you see African mercenaries or Columbian drug dealers carry bricks of 1,000 RMB notes with Mao's head on it, then you know China has arrived.

 

[Anonymous user]

Actually...The best joke here is a bunch of conscript rejects making ridiculous claims about military affairs, particularly weaponry. The second best joke is the same bunch that believe China can...ahhh...'collapse'...the US economy.

We can see that China owns roughly %20 of this %30 with Japan very close behind, making a figure of %6 of the total debt. Does anyone really believe that even if we grant a generous additional %2 of debt to China, making %8, this would be enough to 'collapse' the US economy? Say that China 'dump' or more accurately sell US T-bonds en masse. What make anyone believe that Japan and other US friendly countries will not pick up those bonds? The other countries will pick up some and the American public will pick up the rest,

Simply because the markets are irrational and its a textbook case of the market in fear of the unknown, thats why we have phenomenons known as stock market crashes. Assuming some countries will decide to put their financial necks out to "save" the US financial system is unfounded.

As for the American public buying the debt in place of China that is too unfounded, if a US superannuation fund starts seeing China dumping a trillion dollars worth of bonds I can assure their reaction will not be to buy more US bonds out of sheer patriotism. It'll will be more like liquidation of portfolios and parking the funds in gold or silver until the storm clears.

all the while we will recognize this move for what it is: a hostile act intended to harm our economy. Yes...China has the right to sell, but we also have the right to impose an import tariff on Chinese goods, making Chinese export more expensive. In the short term, such a trade war will hurt US but it will be the Chinese economy, not ours, that will collapse.

For the long run, there are wiser and smarter heads in the Chinese government than a bunch of conscript rejects who can barely balance their checkbooks but has no problems making proclamations on global economics, and that is worth a laugh from reading...

The US is just one of China's top trading partner but not the only one, no one can predict the ramifications of a trade war between the two countries but assuming trade between US and China stopped the next day I can assure China's economy will not "collapse" but that cannot be said of the stock price of Wal Mart and other China linked companies.

US-China Trade Statistics and China's World Trade Statistics (table 7 and 8)

 

[Obambam]

The US is just one of China's top trading partner but not the only one, no one can predict the ramifications of a trade war between the two countries but assuming trade between US and China stopped the next day I can assure China's economy will not "collapse" but that cannot be said of the stock price of Wal Mart and other China linked companies.

US-China Trade Statistics and China's World Trade Statistics (table 7 and 8)

Exactly, no sane investor would place all its eggs into one single basket.