Posted by ks55 > Mar 8, 2018 11:25 PM | Report Abuse X
Might as well US ask for sanction against China in UN. Giving reason China businessmen cheat US businessmen. US not buying from China. US not selling to China. US ask all its allies boycott trading with China.
So where do you think Malaysia will take side?
Malaysia total trade with China in excess of 25% (China itself 15.8%, Hongkong 3.3% , say half of Singapore trade final destination is China amounts to 6.5%).
Malaysia trade wit US is 8.8%
China is simply too important trading partners with most countries compared with US. So Donald Duck will be as good as Peking Roast Duck if he try to start full scale trade war with China. US will be a country of the Beggars............
Donald Duck is an idiot ! What is the root problem ? Household income 5000 RMB is a middle class in China, just like middle class in US need 5000 USD. Middle class spending is the the driver for any economies. US was able to enjoy high quality of life at the expense and exploitation of others. But US has no more added advantage over the rest of the world now especially when it has to compete with emerging countries like China.
Minimum wage for China 13 RMB per hour. Minimum wage for US 13 USD per hour. Trade union in US kills all investment from foreign countries. China has no such problem. Cost for doing business is very much less in China, talk of land cost, labour cost, insurance, transport (except petrol), energy cost, legal cost etc.
US has no more technological advantage when come to industrial products for civilian usage. Nanochips technology no more monopolized by Intel. Many western countries, China, Taiwan, Korea and Japan have developed their own nano-technology equally advance compared with US product. You should take note most of the so-called US product like Intel, Western Digital etc are not manufactured in US but in countries like Malaysia, Thailand and China.
Similar product bearing same brand name with same quality when it is manufactured in US is 6 time more expensive than those manufactured in China.
Apple with Apple, solar panel with solar panel, steel with steel, what is produced by Donald Duck cannot compete with what is produced by Xi Jinping.
How to overcome this problem? Why US was able to enjoy working less with higher income? Still can remember once 40" plasma TV selling at RM 13,000 ? Still can remember one bottle-size Motorola mobile phone selling at RM 23,000 ? Those days are over. So Donald Duck must come back to real world of today.
In order to save US economy, US citizen must prepare to work harder for lesser pay. Instead of 13 USD per hour, Donald Duck should reduce it to 6.5 USD per hour. If on everage every household earns 2500 USD per month, earning 3000 USD a month is good to be middle class in US. That is still earning 3 times more than the Chinese workers.
If Chinese workers can survive on 13 RMB minimum wage, no reason why US workers cannot survive cannot on a 6.5 USD hourly wage?
China is ready to take on US for trade war. You think who will suffer more? Donald Duck is an idiot to fire Gary Cohn. He will make all American suffer.
US economic strength is already well on the decline. The former US secretary of state went to Africa to tell Africans to be wary of China's investments. But Africans are not stupid. US has done nothing for Africa. Africa should be better off participating in the Silk Road and prosper with China. When India block Nepal's petrol imports, it is China which extended a life line to Nepal.
I was in China during the past week n learned that the famous brand "Coach" handbags are made in Kwangtung province.
If u recall, when the Soviet Union collapsed, all their employed scientist were employed by China. Now years later, China has become technologically advanced. China has already developed hypersonic missiles which the US has none.
Then they said China copied its F22. China's hypersonic missiles fired from the J20 could easily hit the F22 which top speed is abt Mach 2. Hypersonic missiles travel at the speed to more than mach 6.
"When Germany was emerging as an industrial power, the UK accuse it of copying its products .............Japan faced similar accusations from western countries, as did China from both the west and Japan."
The above paragraph in taken from the book "The other half of macroeconomics and the fate of globalization" by Richard C Koo (a Japanese citizen).
Are China made goods have inferior quality? Well, I learned that they made low to high quality products to cater for different class of consumers. Those who are poor buy the lower quality products and are happy with it. Those with lots of $$$ buys better to good quality products. But those 2 Ringgit shops here import low quality products and attempt to sell to us n we have the impression that China made products are low quality.
yeah, well the 2 ringgits shop , some of the products quality are questionable but some are quite ok and there are indeed lots of bargains and acceptable quality stuff. Just need to differentiate the good n bad ones
xi jinping so daring in china , dare undo the 2 terms limit but no dare to fight trump??? Why? com on, xi, show that china is not to be bullied by trump. Trump act like a kid, he like to show how good a bully n negotiator he is BUT if u really show him the fist, he quickly backtrack like a kid. So china, unleash some of your fury at trump, remember, how ppl play showhand, scare the opponent.
For US -i think trump keep promise for forgetten man that choose him For china -if they start trade war with US .market will crash and can creat social unrest not good for president xi.
how ppl play showhand? scare ppl , if china keep on tolerating, trump will only gets bolder, this is where team china wrong diagnosis of trump. They think tolerating is ok, is not ok.
If i'm xi jinping, i would do a swift strike on trump, making him scared to show his next card, remember showhand is to scare the hell out of your opponent.
Trump already sack over 30 high ranking officers. i guess the last person he'll sack is himself at the end. Trade war with china is just a distraction or diversion tactic from internal high turnover, instability in his admin-poor leadership
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ks55
4,221 posts
Posted by ks55 > 2018-03-15 17:29 | Report Abuse
Posted by ks55 > Mar 8, 2018 11:25 PM | Report Abuse X
Might as well US ask for sanction against China in UN.
Giving reason China businessmen cheat US businessmen.
US not buying from China.
US not selling to China.
US ask all its allies boycott trading with China.
So where do you think Malaysia will take side?
Malaysia total trade with China in excess of 25% (China itself 15.8%, Hongkong 3.3% , say half of Singapore trade final destination is China amounts to 6.5%).
Malaysia trade wit US is 8.8%
China is simply too important trading partners with most countries compared with US.
So Donald Duck will be as good as Peking Roast Duck if he try to start full scale trade war with China.
US will be a country of the Beggars............