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West can’t believe nor accept China’s progress

Does it include Apple, Foxconn, Huawei, Haier, Baidu ?

Huawei is a worker's cooperative with shares owned by the employees. There's not even a sitting CEO, it rotates.

Haier is state owned and owned mostly by the employees and government. It also has an egalitarian management system that featured in Harvard Business Review.

Apple and Foxconn are foreign enterprises allowed to invest their money into China. Nobody turns down free money.
 
Is this some sort of new Maoist cultural revolution you are asking for? rich Chinese/billionaires are the new enemy? lol Sounds very similar to Mao's cultural revolution slogans. lol


Luckily for you, i don't think even your leadership will want to go down this path, since almost all of them suffered from Mao's cultural revolution. including Deng Xiaoping(who luckily for China survived it) who was disgraced/purged and sent to re-education camps, same with your current leader Xi jinping and his father who suffered the same fate. They were all labelled capitalists and traitors to the communist cause. lool You should be very careful about such things, since the more you repeat propaganda's the more people will believe in it and accept it as a fact, which can lead to even more radical unforeseen consequences like we saw during the cultural revolutions where vast majority of CCP leadership/officials were purged, paraded and disgraced and some even killed by the red guards believing they were capitalists/traitors to the cause. Funny enough, little did they know that it was just an idea Mao came up with to get rid of his political rivals in the party who dared to have different views contrary to his and who dared criticise his disastrous policy and dire consequences of the great leap forward.

Moreover there is almost nothing Communist about the China of today to be honest. Chinas seized to be communist with Maos death and made a complete U turn by deng. Which was the right thing to do by the way.
Of course you can pretend that the class struggle claimed by communism does not exist. You can pretend that billionaires and ordinary people share common interests. But when a Republican supporter in the United States died of COVID-19, Trump injected a multi-million-dollar drug that healed in a day.

When Japanese soldiers were trapped on a small island in the Pacific, they drank rain and ate rats every day. And endured waves of bombing by the US military. Japanese billionaires have signed a surrender letter.

When Americans claim to boycott China, fanatical ordinary people would rather spend several times the price to find substitutes made in China. American billionaires are accelerating their investment in China.

When Indians fell into the hell of a pandemic, their bodies were piled up on the streets, waiting to be burned in the open. Indian billionaires fled to Britain by private jet.

In the past year, the wealth of American billionaires has increased by 1.9 times, while ordinary people cannot afford credit cards.

Of course you can brainwash the people, how bad communism is. But when they open their wallets and see that they have nothing, when they are forced into prostitution by college loans, when they endure hunger and watch the rich eat thousands of dollars in steaks, when they live on the street and look at the luxury apartments that reflect the golden light, they need Know why.

We cannot make communists, but you can. When you deprive the people of everything and they have nothing to lose, they naturally become communists.However, when you choose to collect taxes from the rich to subsidize the poor in order to prevent communism, you become a communist.

This is destiny.
 
Of course you can pretend that the class struggle claimed by communism does not exist. You can pretend that billionaires and ordinary people share common interests. But when a Republican supporter in the United States died of COVID-19, Trump injected a multi-million-dollar drug that healed in a day.

When Japanese soldiers were trapped on a small island in the Pacific, they drank rain and ate rats every day. And endured waves of bombing by the US military. Japanese billionaires have signed a surrender letter.

When Americans claim to boycott China, fanatical ordinary people would rather spend several times the price to find substitutes made in China. American billionaires are accelerating their investment in China.

When Indians fell into the hell of a pandemic, their bodies were piled up on the streets, waiting to be burned in the open. Indian billionaires fled to Britain by private jet.

In the past year, the wealth of American billionaires has increased by 1.9 times, while ordinary people cannot afford credit cards.

Of course you can brainwash the people, how bad communism is. But when they open their wallets and see that they have nothing, when they are forced into prostitution by college loans, when they endure hunger and watch the rich eat thousands of dollars in steaks, when they live on the street and look at the luxury apartments that reflect the golden light, they need Know why.

We cannot make communists, but you can. When you deprive the people of everything and they have nothing to lose, they naturally become communists.However, when you choose to collect taxes from the rich to subsidize the poor in order to prevent communism, you become a communist.

This is destiny.
I agree that once day, those Western nations will become communist. We all can see how bad their economy are during Covid, US just can't stop printing money and importing more essential products from VN and CN. Their ordinary ppl are trying hard to survive while their rich are even getting richer and that problem will lead to chaos and uprising like in Libya or Syria soon.

Thats the main reason why the West have to keep slapping more sanction and try to destroy CN like Soviet, but I think the West will win, they are still far stronger than CN. So, instead of wasting your time accusing the West here, u guys'd better spend more time for thinking how will u guys will survive after the West successfully destroy CN like they did to Soviet. :p:

See, CN has to stamp down workers salaries now and hope foreign factories will not abandon CN during trade war. CN economy is also too bad now and already felt into the Middle income trap.

 
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Huawei is a worker's cooperative with shares owned by the employees. There's not even a sitting CEO, it rotates.

Haier is state owned and owned mostly by the employees and government. It also has an egalitarian management system that featured in Harvard Business Review.

Apple and Foxconn are foreign enterprises allowed to invest their money into China. Nobody turns down free money.

Haier is a publicly traded company
 
I agree that once day, those Western nations will become communist. We all can see how bad their economy are during Covid, US just can't stop printing money and importing more essential products from VN and CN. Their ordinary ppl are trying hard to survive while their rich are even getting richer and that problem will lead to chaos and uprising like in Libya or Syria soon.

Thats the main reason why the West have to keep slapping more sanction and try to destroy CN like Soviet, but I think the West will win, they are still far stronger than CN. So, instead of wasting your time accusing the West here, u guys'd better spend more time for thinking how will u guys will survive after the West successfully destroy CN like they did to Soviet. :p:

See, CN has to stamp down workers salaries now and hope foreign factories will not abandon CN during trade war. CN economy is also too bad now and already felt into the Middle income trap.


Keeping your balance when everything stops is easy, keeping your balance when everything is moving fast is difficult.This is China's problem.China's GDP has grown by more than 10% a year for the last 20 years, and more than 20% a year in the craziest years.During this period, the gap between rich and poor has widened sharply.

According to communist theory, the gap between rich and poor is a drag on the economy, so when China's economic growth starts to level off, it will be time to address the gap.Of course, 6% is good enough for most countries.But communism and capitalism are not the same.For China, this is a period of slow growth.
 
.Of course, 6% is good enough for most countries.But communism and capitalism are not the same.For China, this is a period of slow growth.
Of course, 6% is bad for CN now as CN still rely heavily on exporting manufacturing products while CN don't have much oil/gas to export like US.

CN still rely heavily on exporting manufacturing products but many CNese products are the same with VNese ones while our worker's salaries are much lower, making our products prices are cheaper than CNese one. So its just the matter of time before more and more factories quit CN and move to VN to gain more benefit from cheaper labor cost and free tariff .

CN economy soon will get even worse as u guys can't keep reducing salaries to compete with VN while living cost, housing price keep soaring in CN. There is No way for CN to get out of middle income trap.
 
Of course, 6% is bad for CN now as CN still rely heavily on exporting manufacturing products while CN don't have much oil/gas to export like US.

CN still rely heavily on exporting manufacturing products but many CNese products are the same with VNese ones while our worker's salaries are much lower, making our products prices are cheaper than CNese one. So its just the matter of time before more and more factories quit CN and move to VN to gain more benefit from cheaper labor cost and free tariff .

CN economy soon will get even worse as u guys can't keep reducing salaries to compete with VN while living cost, housing price keep soaring in CN. There is No way for CN to get out of middle income trap.
China is just very competitive with exports, not rely on them. Among industrialised countries, only the US has a lower share of exports than China.


RankCountryExports
(millions of $)
% of GDPYear
World24,933,017.7830.5%2019
1
23px-Flag_of_the_People%27s_Republic_of_China.svg.png
China
2,643,376.9318.5%2019
2
23px-Flag_of_the_United_States.svg.png
United States
2,528,267.0011.7%2019
3
23px-Flag_of_Germany.svg.png
Germany
1,811,351.0146.9%2019
4
23px-Flag_of_Japan.svg.png
Japan
904,882.6518.5%2019
5
23px-Flag_of_France.svg.png
France
891,181.5731.8%2019
6
23px-Flag_of_the_United_Kingdom.svg.png
United Kingdom
879,917.1631.6%2019
7 Netherlands755,770.9183.3%2019
8 South Korea669,593.7039.9%2019
Hong Kong649,022.69177.5%2019
9 Singapore645,612.45173.5%2019
10 Italy632,107.2231.5%2019
11 Canada555,826.1931.6%2019
12 India290,033.1218.4%2019
13 Ireland502,312.99126.8%2019
14 Mexico492,734.6938.8%2019
15 Spain486,149.7434.9%2019
16 Russia481,760.7128.3%2019
17 Switzerland478,338.5366.0%2019
18
23px-Flag_of_Belgium_%28civil%29.svg.png
Belgium
436,297.6281.8%2019
19
23px-Flag_of_Australia_%28converted%29.svg.png
Australia
342,440.9024.1%2019
20
23px-Flag_of_Poland.svg.png
Poland
330,681.0055.5%2019
21
23px-Flag_of_Thailand.svg.png
Thailand
323,878.3359.8%2019
22
23px-Flag_of_Saudi_Arabia.svg.png
Saudi Arabia
285,859.9236.0%2019
23
23px-Flag_of_Vietnam.svg.png
Vietnam
280,826.00106.8%2019

 
no China was inducted into the WTO in 2001 by the international community because of their previous 20 years of hard work to prove them to the world they do belong in the international community which was correct

however in 2016 when China started the Genocide against the Ughur Muslims Chinas standing in the world no longer exists

so all the Carriers and Nuclear Submarines which are coming to South China Sea is a response to Chinas violations of human rights

in Tibet, in HK and Xingjing and also inside China

Xi Jingping is a camel and has no idea how to run a nation and he will take China down a destructive path

well done
Load of horse manure.
West doesn't care about Human right issues as they claim to do otherwise we would be seeing bombing of Myanmar on Rohingyas, economical sanctions against KSA for Yemen war and places like Gitmo and Abu ghuraib wouldn't be present.
People in Afghanistan and Iraq are still waiting for the justice against the war crimes done by so called champions of human rights.
Tortured myself to read the article, and by the second paragraph, i almost vomitted.. its not even hilarious or critical..

Chinese need to invent few more English words to self glorify themselves, as current English vocabulary is not sufficient
Indians love to compare money with Pakistan whenever we discuss anything. You should do the same with China.
For example, pick up their foreign reserves, size of their economy, GDP and their military expenditure. Also compare the nobel laureate in science from China VS India, compare the poverty level of both countries. I think the comparison will explain who needs to do what.
 
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Of course, 6% is bad for CN now as CN still rely heavily on exporting manufacturing products while CN don't have much oil/gas to export like US.

CN still rely heavily on exporting manufacturing products but many CNese products are the same with VNese ones while our worker's salaries are much lower, making our products prices are cheaper than CNese one. So its just the matter of time before more and more factories quit CN and move to VN to gain more benefit from cheaper labor cost and free tariff .

CN economy soon will get even worse as u guys can't keep reducing salaries to compete with VN while living cost, housing price keep soaring in CN. There is No way for CN to get out of middle income trap.

Vietnamese products and Chinese products are very different. Chinese products have complexity same as Belgian or French products while Vietnamese products are more like El Salvador or Brazil.

Vietnamese produce mostly shoes, suitcases, wood, etc.

Chinese produce semiconductors, electronics and heavy industrial equipment.

So no, we are not competitors. China and France/Belgium are competitors. Vietnam and El Salvador/Brazil are competitors.
 
West can’t believe nor accept China’s progress
Published on: Sunday, July 04, 2021
By: Ismail Bashmori




Nasa_0407.jpg


China’s space station: From no flush toilets to building its own space station within 40 years.
AS an Egyptian, I have been studying China intensely for the past year — its government, society, history, and transformation.

I’ve spoken to hundreds of Chinese and China-haters and heard everything they had to say. By now I’ve learned roughly as much about China as anyone can learn without knowing the language or living in the country, and I’ve reached my conclusion. China attracts a lot of haters, know-nothings and armchair experts.

The truth is that China is the greatest country on the face of the earth. It makes all other countries look insignificant and contemptible. It is the most brilliant, most industrious, most ambitious, most educated, meritocratic and technocratic, most modern, sophisticated, and civilised, and best-governed by far.

It is the first nonwhite, non-Western country to reach this status since the 1600s. The determination of this country is indescribable. Supernatural. There is no force that can stop it from accomplishing anything it wants to do.

Forty years ago a flush toilet in China was a luxury. Today it has its own Space Station. This is a tiny example of China’s capabilities.

It doesn’t matter who we are. Egyptians, Syrians, Pakistanis, Indians, Africans, even Americans. Next to the Chinese, we are pathetic. We can’t do what they do. We would have a mountain, an Everest of changes to make, and we would whine and bicker and fail at every one of them. China’s story since the 1980s has been one of an almost divine metamorphosis.

Next to China the entire Western world from Alaska to New Zealand has stagnated. Next to China the entire developing world from Brazil to Madagascar has progressed only at a crawl.

China is the mother of all gargantuan bullet trains. Every day it manages to create something new and astonishing. And unlike the United States, unlike the British Empire, unlike the French, Dutch, Germans, Spanish, Portuguese or any other Western nation that had its turn at being a superpower in the past four centuries, China doesn’t need to run anybody over or take something from somebody else, to rise majestically.

China is also standing up to the West all by herself. The West can’t believe their four-hundred-year-old global supremacy is being challenged. They hoped that the more China developed, the more it would submit to their influence, interests, and leadership. That didn’t happen. So now they will do anything possible, short of a nuclear war, to make China end.

Their goal is to destroy this country. That’s why, although the United States has killed several million people and turned several regions of the earth into hellscapes.

China is the worst fear of our planet’s Western masters. They want you to despise and dread a country that’s done nothing to you, that hasn’t invaded anyone, bombed or sanctioned anyone, that hasn’t overthrown any foreign government, or used its military on anything since 1979.

China is the only major country in the nonwhite developing world, to stand up to the West. To look it in the eye when challenged or threatened.

The Global South are simply Western puppets who submitted long ago. Even the most powerful ones. Saudi Arabia, Brazil, India.

The 1500s—1000s BC were Egypt’s time. Antiquity belonged to the Greeks and Romans. The 1700s belonged to France, and the 1800s to Britain. From 1945 to the present, the world has been under American overlordship. And they call it the Pax Americana but there isn’t much Pax in it.

There’s plenty of Pax if you’re in Europe or Australia. But the Middle East? Afghanistan, Iraq, Libya, Syria, Iran and Yemen in the past 20 years. Latin America? They’ve destroyed that part of the world beyond any hope of recovery. Africa? It’s only been spared because of disinterest. The US sees Africa as nothing. The whole West does.

But in the twenty-first century, we are witnessing the rise of China. We are decades away from China becoming the greatest power on earth. This will be China’s time, and there’s nothing anyone can do about it. Attack China all you want, curse her and monger rumours and hysteria — but the truth is that none of your accusations are backed up by evidence. The Western press is under the thumb of Western governments that want to stay on top of the world for eternity. And the truth is that China is not affected by the noise and maneuvers of her enemies.

For her first thirty years, from 1949 to 1979, China was basically blockaded and isolated economically and politically by the West. It didn’t even have a seat in the UN General Assembly. And it was dirt-poor in those days, barely a speck of the global economy, a tiny fraction of Japan’s or Germany’s GDP — not even able to prevent famine. And it still didn’t submit to pressure or take any orders. Why on earth would it do that now?

China will be the next global power. There’s nothing that can be done about that. The first stage is that its economy only needs to grow at 4.7 percent per year to become the world’s largest by 2035. That means the usual, historical bare-minimum of 6 percent is already overkill. The US can build as many bases as it wants, slap as many sanctions as it wants, recognise whatever bogus genocides it wants. That’s what it’s been doing all along. Has any of it made a difference? China can adapt to any situation. It took China a mere ten years to go from being barred by the US Congress from participating in the “International” Space Station, to building its own Space Station from zero.

See, the US has an $800-billion war budget, 800 military bases, 13,000 aircraft, 500 warships, 6,000 nukes — but it doesn’t have what China has: invincible national resolve. It takes the US about 5 years to renovate a bridge, and it takes China 43 hours. There’s simply no competing with that.

China doesn’t need to be a military superpower or empire. That was never part of the plan. US troops, God bless their souls, will continue sitting in their bases, scratching their balls, costing their government $800 billion a year to do nothing. Meanwhile, China will continue to actually develop.

That’s the part of the equation that America totally missed, because it has barely developed since Reagan’s day. China is a better place to live today than at any time in its previous 5,000 years; Americans saw their highest standard of living in the 1960s and those days will never come back.

So yes, China will be the next global power, and the Chinese are vastly superior to us in every way. This is a fact that everyone can attack but that nobody can change, like the theory of evolution.

Look at you silly buggers, talking about China like it’s going to be the next Nazi Germany. Even many Middle Easterners I know fit in this foolish category. Did you notice when the US invaded or overthrew the governments of 20 countries in the past 32 years (my lifetime)? Did you even know? You think just because you’re ready to forget all that because of Beyoncé and Game of Thrones and Snapchat and other US cultural exports, it didn’t happen.

The US is feeding me terror-bytes about Hong Kong, Taiwan, Tibet, Tiananmen Square, Great Leap Forward! I don’t see any dead bodies, I can’t show you one invasion or one example of Chinese regime change, I can’t even find Hong Kong on a map or tell you one factual detail about Tiananmen Square, but the US State Department and all its media are telling me CHINA BAD!

Aren’t you at least curious to see what a world with a nonwhite, non-Western leader might look like, after 400 years? Because God knows that leader won’t be us. It won’t be Brazil or Africa, or the Middle East or India or Indonesia or Nigeria or Pakistan. We’re a mess.

China was a mess too. But we remain a mess many decades after we achieved independence, and the Chinese went their own way, disentangled their mess and created their destiny. We’re not made of what the Chinese are made of.

I see China as hope. Hope that a colonised, brutalised, primitive and humiliated country, can rise above its past — refuse to be weak any longer — rebuild itself from nothing, with iron resolve, and become too strong to be overrun by the West again!

Hope that a nonwhite, non-Western country can look deep within itself and find its own solutions to its problems — proving that (foolishly) trusting the West to guide us isn’t necessary! Proof that if we can do what the Chinese did, there will be no limits for us.

Imagine a world where the US, France, Britain, Australia, are no more important than Uzbekistan or Paraguay.

A world where the World Court might be headquartered in Kuala Lumpur, the World Bank in New Delhi, the United Nations in Jakarta, the IMF in Cairo.

A world liberated from the US banking system and the dollar as its reserve currency, so that Washington can no longer tell 200 other countries who they can and can’t trade with.

A world where an American can be tried for war crimes at the Hague, not just an Iraqi or Liberian or Serb.

A world where we don’t hear about a non-Western-made vaccine and grunt to ourselves, Oh, it must be poison. A world where we don’t have to immigrate to the same countries that turned ours into hellholes, to work as sales clerks or taxi drivers, or even if we’re brilliantly employed — to drain our brains from our homelands in the best of cases, and use them to reinforce Western riches and supremacy in exchange for a fat paycheck, instead of using them to make our own countries semi-habitable.

When I hear that China has built its own Space Station, landed a rover on Mars, ended extreme poverty, built the Earth’s biggest city, dam, telescope, 5G network, highway, air purifier, or whatever the heck it is that will come tomorrow — I feel the same pride as if I were Chinese.

It’s not happening for all of us, but it’s happening for one of us and that’s a start. There’s got to be such a thing as developing-country nationalism — a common nationalism for all the countries that were colonised and plundered, and remain economically and politically captured by their ex-rulers.

A nationalism for the Global South. We are too divided, too brainwashed, too fooled and weak — most of us still worship the countries that destroyed us, are non-Western on the outside and Western on the inside, are hating and fearing and buying all the lies about the only one of us that’s made it, and are leaving our countries in droves to let them burn while we “make a better life for ourselves” in the West.

Do you want to live on a Western-dominated Earth for another 400 years? If you do, keep doing what you’re doing. But I don’t!

You know what’ll happen for all of us if America’s sick wishes come true and its global thuggery does make China collapse? Nothing. Eternal repetition of the status quo. More enslavement, hijacking of our resources and weak corrupt governments, neo-colonialism, invasion, regime change, sanctions, MISERY.

Haven’t we already seen this? Libya, Cuba, Venezuela, Yugoslavia, Belarus, Iraq, Iran, Vietnam, the Soviet Union. Rest in peace. Even FRANCE and JAPAN for God’s sake. What does the United States do when any other country says NO, or simply becomes too powerful, too good at honest competition?

Japan was a Western-style democracy crawling with US troops, with a US-authored pacifist constitution and almost no military and an extremely pro-US government and populace, and it STILL got crushed when it looked like it would become the #1 economy in the 80s.

I remember 10–15 years ago when China was still relatively poor and impotent, and Bush and Obama would talk about China as sweetly as swans. Obama happily had dinner with Xi Jinping in late 2015, called China a crucial partner of the United States, and said the US welcomed China’s rise; it was all horseshit. Today Biden, who was there with Obama in late 2015 as Vice-President, angrily rebukes a reporter who merely said that Biden and Xi were old friends.

America has taken off its mask.

China made it, it wasn’t supposed to make it, so now it must die. What a difference 5 years can make. China went from “crucial partner” to “number one threat.”

We should be helping and supporting China to keep climbing to the top, and giving her some serious solidarity as she withstands the new Cold War of Western imperialism. It’s been a long 400 years. China is the first non-Western country to even come close to reaching a status of ultimate global importance. She is akin to the the first member of an impoverished family to go to university. That is our family of nations.

And when China gets to the top, believe me, it won’t be a repeat of the French, British, or American Empire. Not a single developing country on earth will be worse-off because of China becoming #1. There will be something good in this for all of us, so let’s wake up.


http://www.dailyexpress.com.my/read/4459/west-can-t-believe-nor-accept-china-s-progress/
China must do anything to pull up the economies of countries around her. Similarly, good relations, or at least working relations are absolutely necessary, so that atleast your neighbourhood is safe. West will never accept any Asian, whether Chinese, Pakistani, Indian burmese to be their equal.
So Asia must rise now.
 
Vietnamese products and Chinese products are very different. Chinese products have complexity same as Belgian or French products while Vietnamese products are more like El Salvador or Brazil.

Vietnamese produce mostly shoes, suitcases, wood, etc.

Chinese produce semiconductors, electronics and heavy industrial equipment.

So no, we are not competitors. China and France/Belgium are competitors. Vietnam and El Salvador/Brazil are competitors.
keep lying, we also produce phones (Samsung), auto parts, tires, electronic (Foxconn, LG, Luxshare etc) and CNese products can not compete with VNese one when VN has lower labor cost. Not mentioning more and more investor are coming to VN. Thats why CN govt has to stamp down worker's wage and hope foreign factories will not abandon CN during trade war.
 
China is just very competitive with exports, not rely on them. Among industrialised countries, only the US has a lower share of exports than China.


World24,933,017.7830.5%2019
RankCountryExports
(millions of $)
% of GDPYear
1
23px-Flag_of_the_People%27s_Republic_of_China.svg.png
China
2,643,376.9318.5%2019
2
23px-Flag_of_the_United_States.svg.png
United States
2,528,267.0011.7%2019
3
23px-Flag_of_Germany.svg.png
Germany
1,811,351.0146.9%2019
4
23px-Flag_of_Japan.svg.png
Japan
904,882.6518.5%2019
5
23px-Flag_of_France.svg.png
France
891,181.5731.8%2019
6
23px-Flag_of_the_United_Kingdom.svg.png
United Kingdom
879,917.1631.6%2019
7 Netherlands755,770.9183.3%2019
8South Korea669,593.7039.9%2019
Hong Kong649,022.69177.5%2019
9Singapore645,612.45173.5%2019
10Italy632,107.2231.5%2019
11Canada555,826.1931.6%2019
12India290,033.1218.4%2019
13Ireland502,312.99126.8%2019
14Mexico492,734.6938.8%2019
15Spain486,149.7434.9%2019
16Russia481,760.7128.3%2019
17Switzerland478,338.5366.0%2019
18
23px-Flag_of_Belgium_%28civil%29.svg.png
Belgium
436,297.6281.8%2019
19
23px-Flag_of_Australia_%28converted%29.svg.png
Australia
342,440.9024.1%2019
20
23px-Flag_of_Poland.svg.png
Poland
330,681.0055.5%2019
21
23px-Flag_of_Thailand.svg.png
Thailand
323,878.3359.8%2019
22
23px-Flag_of_Saudi_Arabia.svg.png
Saudi Arabia
285,859.9236.0%2019
23
23px-Flag_of_Vietnam.svg.png
Vietnam
280,826.00106.8%2019

Yes, but when CNese products got 25% tariff, then those products can't export well anymore.

Imagine what will happen when US slap 100% tariff on all CNese products like Trump just said.

OG-FY850_Semico_4U_20210511151520.png

OG-FY852_Change_4U_20210511151610.png


OG-FY855_Change_4U_20210511152210.png


Semiconductors are a prime example of an item targeted early in the trade war that has been on the decline from China, but seen strong growth from Vietnam, Taiwan and Malaysia.



Of the Chinese goods hit by tariffs, the biggest impact has been in telecom equipment and computer accessories, where imports are down about $15 billion each from their peaks in 2018, the Journal analysis found.

Tariff revenue paid to the U.S. Treasury by importers has dropped as a consequence. The U.S. collected $66 billion from tariffs in the 12 months ended in March, down from a peak of $76 billion in February 2020.

Imports of non-tariffed items from China have begun to pick up in recent months, after a global downturn in trade triggered by the Covid-19 pandemic. Even so, imports from China overall were at $472 billion for the 12 months ended March 31, compared to a peak of $539 billion in 2018.


“The trade war has had a more enduring negative impact [on Chinese imports] than the pandemic,”
said Adam Slater, the lead economist for Oxford Economics. “The effects of the pandemic are starting to wear off, but the longer-term impact of the trade war remains.”
 
Yes, but when CNese products got 25% tariff, then those products can't export well anymore.

Imagine what will happen when US slap 100% tariff on all CNese products like Trump just said.

View attachment 760212
View attachment 760213

View attachment 760214

Semiconductors are a prime example of an item targeted early in the trade war that has been on the decline from China, but seen strong growth from Vietnam, Taiwan and Malaysia.



Of the Chinese goods hit by tariffs, the biggest impact has been in telecom equipment and computer accessories, where imports are down about $15 billion each from their peaks in 2018, the Journal analysis found.

Tariff revenue paid to the U.S. Treasury by importers has dropped as a consequence. The U.S. collected $66 billion from tariffs in the 12 months ended in March, down from a peak of $76 billion in February 2020.

Imports of non-tariffed items from China have begun to pick up in recent months, after a global downturn in trade triggered by the Covid-19 pandemic. Even so, imports from China overall were at $472 billion for the 12 months ended March 31, compared to a peak of $539 billion in 2018.


“The trade war has had a more enduring negative impact [on Chinese imports] than the pandemic,”
said Adam Slater, the lead economist for Oxford Economics. “The effects of the pandemic are starting to wear off, but the longer-term impact of the trade war remains.”
What are you talking about?

The US is only our third largest trading partner. Even if trade between China and the US goes to zero, it will not have much impact on us.There is one difference you must pay attention to when you talk about China.China and the US are equal countries, not worships the US like you do.

When the US treats China badly, we will not hesitate to slap the US in the face.Not to reflect on why we won the hearts of the Americans. You can be happy that Americans like you, but we don't really care.
 
What are you talking about?

The US is only our third largest trading partner. Even if trade between China and the US goes to zero, it will not have much impact on us.There is one difference you must pay attention to when you talk about China.China and the US are equal countries, not worships the US like you do.

When the US treats China badly, we will not hesitate to slap the US in the face.Not to reflect on why we won the hearts of the Americans. You can be happy that Americans like you, but we don't really care.
Yes.US is only our third largest trading partner. But she can force EU stop buying Huawei 5G, and bcs CN can't sell 5G to EU, so actually most of CNese products are just the same wt VNese products, not mentioning VN has FTA deal wt EU , plus VN worker's salaries are lower than in CN. So, its just the matter of time more and more factories will quit CN and move to VN to gain more benefit from VN-EU FTA and lower labor cost.

Thats the reason why CN has to stamp down workers salaries now and hope foreign factories will not abandon CN during trade war. Even CN leaders also can feel that CN manufacturing sector is falling and dying when failed to compete wt VN.
 

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