Which is what gives rise to zombie cities with no human inhabitants
For all of those chicken little’s out there, please note that since Clinton approved China’s admission to the WTO and opened trade with China we have been in a trade war. It’s long past time to level the playing field.
Panda Mask From The Chinese Red Dragon
Interesting title choice - Xi Jinping is called Panda Face behind his back
I noticed another panda clip on the news today. Moreroads communist propaganda.
chicom bump for later.....
Excellent article clearly explaining the China-US economy’s dynamics. Thanks for the post.
Gordon Chang is top notch.
I posted it to my facebook page.
Chang is a regular on radio on the John Batchelor Show. There are several sources for the excellent Batchelor Show podcasts on China, easily discoverable by an internet search.
“Say Hello to my little friends...” Lightheiser, Ross, Mnuchin, and Pompeo soon to be at State where he belongs. How nostalgic the Chicoms must be for the good ole days of Obama.
The author neglect to mention another essential weakness of the Chinese Economy.
Quality.
For the entire modern era (1960 onward) Chinese manufacturers were rewarded for quantity and never punished (by market forces or otherwise) for poor quality.
Poor quality is now endemic to the economy and the culture.
Examples:
- They cannot manufacture a reliable jet engine, even when given all the plans, tools and techniques from Russia. But they can make one look JUST LIKE a real one. (Insert stealth fighter here, or submarine etc.)
- Contaminated food is commonplace.
- Chip manufacturers will trust them only if THEY can build the plant/facility and train the workers.
And so many more.
P