China is eating our lunch and we’re paying them to do it. And then they’re using part of the cashflow to build-up their military. A day of reckoning is coming.
Interetsing article. Thanks for posting.
bump
What’s needed is to stop importing Chinese goods altogether. The globalists have clandestinely found away around our own labor laws by using foreign labor that is either comparable to or literally slave labor.
America has a HUGE section of the leaders in both parties, who have been selling this country out to China, for more than one entire generation.
Trump seems to be the first significantly powerful American to say we need to work very hard, as a nation, to build up our own country once again. Perot did once long ago. He was right, but did not have enough support way back then.
About time someone says that. About darned time.
America gave EVERYTHING to China. What we didn’t give, they took including tens of thousands of American soldier’s lives. GD the a-holes who did it and still placate the bastard Chicoms.
Lie. China gets our science research free.
Rigged.
Pillsbury is wrong. Per the most recent Forbes publication the US still has the most billionaires on the planet and that’s with Forbes including Taiwan as part of China (the commie leaning globalist mag that it is).
Also:
The unvarnished fact is that China is still greatly dependent on America for its economic stability and even cohesion. In the Brenton Woods world, which America implemented, the Chinese, like others, took advantage and designed their economy to be export-driven, basically aiming at the open U.S. markets. The result: Ten to 15 percent of China’s GDP depends on exports to the U.S. And because much of this trade is unfair, China enjoyed a continual trade surplus with America – some $275 billion in 2017 alone. Should the U.S. decide to play hardball on trade or just merely demand that cross country-trade be fair, China’s internal stability would be shaken. And the Chinese know it.
Some fear that if the U.S. demanded fair trade with China and an end to its technology theft, this would start a trade war. But as President Trump recently said, when America is constantly running trade deficits of hundreds of billions of dollars each year, a trade war is “good and easy to win.” Although the globalists and Chinese apologists will dispute that point, the president’s logic is hard to refute.
And even if for some reason the U.S. continues to accommodate China indefinitely, the Chinese still face a combination of nearly insurmountable problems, ranging from China’s enormous debt to its inherent corruption and polluted environment to its unsolvable upside-down demographics. Given all this, it is disputable that China will still exist as a recognizable entity in 30 years.
China is much more fragile than commonly believed. It may indeed be a paper dragon.
Article link:https://www.americanthinker.com/articles/2018/03/china_colossus_or_paper_dragon.html
And these points:
China is facing increasing economic headwinds over the next decade as its coal production tops out and then goes into steep decline. That will increase the cost of doing everything in China, and the country will become a less formidable trade competitor. Evidence that the Chinese economy has already topped out comes from ExxonMobil’s recently released energy outlook...
It shows that China energy consumption in heavy industry has fallen back to what it was in 2010. Growth is over. That is corroborated by China’s railway statistics:
The tonnage carried on Chinese railways is down 25% from its peak in 2011. Without the economy contracting by a similar amount, one possible explanation is that more power stations have been built inland at coal mines and less coal has to be transported.
Recent data show the beginnings of an uptrend, which might take Chinese population growth above the replacement level. The reason why this is important is that it means that Chinese GDP per capita is now as high as it ever will be, at best. China’s recent economic growth and the lifting of a few hundred million people out of poverty was due to its export boom. Any growth from here will have to come from the Chinese selling more things to each other. But a great proportion of the population is still very poor and backward, and there is a structural reason for that. For example, most of China’s rice crop of 144 million tons per annum is planted and harvested by hand in wet paddies.
China may still have problems with poverty, childhood malnutrition, sanitation, pollution, and water quality, but the country’s number-one goal remains conquering the rest of the world. Thankfully, there are probably fewer than 300 million who could make a contribution to that effort.
Half of China’s population makes less than $6,000 per annum, and the bottom 10% get by on $4.72 per day on average. The government has to make sure these people are fed and controlled. Until they stopped publishing the statistics, China was spending more on internal security than on defense. China’s poor are more of a drag on the economy than a source of cannon fodder.
Article link: https://www.americanthinker.com/articles/2018/02/chinas_further_vulnerabilities.html
In the ‘80’s we were all supposedly turning Japanese and we didn’t.
Everything you read about China's dominance by standard measures is based on the sheer size of the country's population. If a country with 1.2 billion people is comparable in economic terms to a country with 300 million people, then the larger country is an underperforming joke.
These guys would tell me that China is so culturally dysfunctional that it will never be more than a large bull in a china shop (pun intended). It can cause a lot of damage, but it could never make a beautiful piece of glassware even if you gave it a billion years to do it.
An agreement with the Chinese government in which the NSF turns over research to the Chinese is evidence of some kind of nefarious scheme? LMAO.