China’s playing the long game, and is making key moves to hedge against Trump’s tariffs

1) Trump is not the country
2) and it is not just "my say so"

 

You brought up the question - "Is the US making unreasonable demands on China" with respect to a post detailing some of the problems with the Trade war and Sanctions. Clearly you are implying that there are no unreasonable demands - and you continue to imply this in other posts.

Look - the question itself had little bearing on my post. I don't know the all of the different things being discussed / "demanded" .. and I did not say the US is making unreasonable demands.

I said stuff like "I understand that but, this is only one "demand" of many. Its not all good and its not all bad. The question we are addressing is the reasonableness of demands on both sides and you have claimed that we do not have any unreasonable demands.

The unresonableness of some Chinese demand - has nothing to do with the question of whether or not we have unreasonable demands - so - your claim is not supported by your example"

 

Hey, they have to maintain those profit margins!

 

You might have that one right.

 

Trump is the president and his trade policy is in the best interest of America

 

“Problems with the trade war” is not proof that America is in the wrong

There were problems with the war against japan that we had to overcome

But you want everything handed to you on a silver platter

If you think se have inreasonable demands then name them

 

You have no idea whether or not Trumps trade policy is in the best interest of America. Your love for Trump is like that of a Mother for her Son - such that the son can do no wrong.

It would not matter what Trump did - or what the facts are - you would make the same partisan claim

 

I didn't say we had unreasonable demands - and I have no idea what the rest of your post is trying to say.

 

Except in this exchange, everything you've been claiming has been refuted and you don't even attempt to back up your claims to refute the posts refuting yours.
That generally means one is making up numbers and can't back up the claim.

What China's GDP growth or lack of growth isn't general knowledge. As the refutations to your claims has proven.

 

It wasn't over production until tRUMP took away their markets.
Which is why he is giving them money to not sell their products.

 

Do you think trump voters had no idea about the chinese menace before trump ran for president in 2016?

I KNOW. trumps trade policies are good for America because I thought the problem out for myself years ago

 

The rest of my post is saying that your petty complaints about the difficulty of correcting our trade imbalance with china are nothing compared with the negative consequences for America if we dont do it now

 

Trump didnt take away the market

China did

And if it works for them this time thanks to whiny liberals who hate trump you will see it again

Ooops, did the US sell defensive weapons to Taiwan after beijing ordered us not to?

Then no soybean sales to china this year

Was that the Dali Lama who was spotted visiting the White House?

Yep you guessed it,

The midwest soybean farmers can pound sand again

 

I disagree, China is doomed to failure because the system they are building is based on a poor foundation.
Capitalism is incompatible with a totalitarian government and that fact will begin to erode China's competitiveness and efficiency.

Just as Communism and Socialism failed as economic models because they ignore human nature, China's hybrid Communist / Capitalist system will never be able to compete with systems where people have self determination. This is being seen now in the protests in Hong Kong.

As the system continues, the corruption inherent in a Communist system will take its toll. We have already seen several executions in China for corruption showing the problem already exists. Their banking system is under tremendous strain from mass debt which has in large part been caused by corruption and loans for non existent enterprises.

Trump is doing to China using tariffs what Regan did to the USSR using massive military spending. He has recognized were their weakness lies and is exploiting it .

It is just ashamed the American public for the most part is too damn stupid to see it....

 

Bahahahahahahaha

Any economist worth their salt knows China is absolutely F*$&% right now.

They are having such bad liquitidy problems that they have double the return rate we currently have in the US. That is an economic ponzi scheme waiting to pop.

This is a completely false story, built on completely fake news. They are more than happy to pump up fear in the American economy to prop up an incredibly highly authoritarian regime, all just because they hate Trump. Literally another example of "do the opposite of whatever Trump does", even though most high level Democrats even agree.

Hell even GEORGE FREAKING SOROS agrees with Trump, they have to, it is so ridiculously obvious. But no, another Progressive article, trying to create fear through falsehoods.

Remember folks

There is no truth there is only power.

 

That was your first mistake ... Thinking again. The problem with you thought pattern is that you keep speaking about Trade relationship with China as if it was a black and white issue ... as if it is either all good or all bad. This is simply not the case .. there is some good (like having a huge market for soybeans and other agricultural products) and some bad - like outsourcing our manufacturing base or intellectual property theft or or or.

Trump as well is neither all good or all bad. Some of the things he says are correct - such as the stuff related to intellectual property theft .. some things are idiocy/false narrative - such as pretending there is a 1 to 1 correlation with respect to the dollar figures.

The problem with your thinking is that you take every word out of Trump's mouth as the gospel Truth... and have not come to grip with the fact that often Trump just makes stuff up on the fly.

 

1) I agree that we should do a trade agreement now - but, we should go about the agreement in a way that does not harm us.
2) You say "petty complaints" but, this is because you do not care about the long term economic security of this nation. You are welcome to your opinion our long term economic security is a petty issue - I just do not share that opinion.
3) as I have stated a number of times - my biggest issue is not the trade deal with China - it is what the Trump admin has done with respect to the Iran Sanctions .. and these two are connected - for example:

Amid US-China trade war, a new source of tension emerges: Iranian oil

https://www.scmp.com/comment/opinio...de-war-new-source-tension-emerges-iranian-oil

This is arguably an "unreasonable" demand. No nation likes to have its sovereignty messed with. Demanding that China not purchase oil from Iran is unreasonable. The Chinese are not trying dictate to the US who they can and can not deal with - and if they did we would tell them to piss up a rope.

This policy of going around trying to beat our allies into submission with a big stick and threatening the "nuclear option" is impacting our long term economic security.

 

There is a huge market for soybeans all over the world

If china can blackmail us this time they will do it again over some other issue

Our support for Taiwan for instance

Or Chinese domination of the South China Sea

 

What does any of the above have to do with the fact that ascribing a 1 to 1 correlation to trade dollar figures is idiocy ?

 

The US is not preventing china from buying iranian oil

No are we punishing china for doing so

 

Those dollars represent the trade imbalance with china that is harming the US economy

 

It looks like China is getting ready for a work around for Iranian oil.
https://www.petroleum-economist.com...hina-and-iran-flesh-out-strategic-partnership
Lots of things for the US to hate about this.

A final Iranian benefit is that China has agreed to increase imports of Iranian oil, in defiance of a US decision not to extend China's waiver on imports from Iran in May. China's General Administration of Customs (GAC) figures released in late August show that, far from reducing its Iranian imports, China imported over 925,000bl/d from the country in July, up by 4.7pc month-on-month, from an already high base.

"This will include up to 5,000 Chinese security personnel on the ground in Iran to protect Chinese projects, and there will be additional personnel and material available to protect the eventual transit of oil, gas and petchems supply from Iran to China, where necessary, including through the Persian Gulf," says the Iranian source.

Under the terms of the new agreement, Petroleum Economist understands, China will be granted the right to delay payment for Iranian production up to two years. China will also be able to pay in soft currencies that it has accrued from doing business in Africa and the Former Soviet Union (FSU) states, in addition to using renminbi should the need arise—meaning that no US dollars will be involved in these commodity transaction payments from China to Iran.

 

China just cut a deal with Argentina, buying soja

 

I heard about that.
The worst part is that they are buying US beans at depressed prices grinding them and then selling them to China.

 

Argentina has one of the largest Soya mill industries.
My relatives in Argentina cut a nice deal with China last year. Thy bought soya from the US at a depressed price, shipped it to Argentina, milled it and than sold it to China, with a nice profit.
Argentina is in a drought and China is buying the South American market clean. They needed soya for the of season for their mills, so they would not be idle.
Those are long term contracts and now a contract on government level.