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Old Yesterday, 12:40 PM
 
13,138 posts, read 4,784,914 times
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China doesnt have a "massive trade surplus". You're ten years too late. Most Asian countries have a larger trade surplus as a share of their GDP than China.
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Old Yesterday, 12:43 PM
 
27,737 posts, read 19,456,740 times
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Quote:
Originally Posted by Daryl_G View Post
Japan's limiting factor was their hesitance to seek opportunities outside of their borders or adapt their process to other cultures. It took a very long time for them to understand the importance of having manufacturing bases across the globe, they were too insular.

The Chinese don't have that problem, they seek opportunities regardless of location or nationality. If it makes money they will buy it or get into the market. And their not hung up on ensure their business "culture" is preserved, currently. Never know with communist countries if that will change.
another big difference - the Japanese companies in that 80's spending spree were not government entities.
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Old Yesterday, 01:01 PM
 
52,637 posts, read 42,297,933 times
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Originally Posted by James Bond 007 View Post
Great post, you read my mind.
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Old Yesterday, 01:05 PM
 
5,349 posts, read 1,057,447 times
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We are potentially doomed if the Big 5 American movie companies all get bought out by Chinese companies.
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Old Yesterday, 01:13 PM
 
16,705 posts, read 4,382,445 times
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Quote:
Originally Posted by rkcarguy View Post
https://www.msn.com/en-us/money/comp...cid=spartandhp

It's brilliant on China's part. Subsidize manufacturing, monopolize the worlds manufacturing market, rake in trillions through massive trade surpluses, purchase the world. No war required.
Keep it up buying your Chinese made garbage.
Sounds like they deserve it if they work that hard....

Do 1/2 of their applicants fail drug tests?
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Old Yesterday, 01:22 PM
 
10,697 posts, read 6,435,699 times
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Quote:
Originally Posted by rkcarguy View Post
It is quite alarming. Notice the types of purchases too. Energy companies, banks, shipping, warehouses in key ports, foodstuff companies, seeds and agriculture....all acquisitions that poise China to take control of the worlds necessities. They have attempted to buy many US financial institutions, banks, electric companies, power plants, and so on. One power plant project we were supplying some items to, was put on hold for 18 months as a Chinese firm was attempting to buy the company, which would have put 40+ power plants along the west coast under Chinese ownership. A federal court ultimately blocked the sale under national security concerns.


We're playing checkers and doing it poorly, China is playing chess masterfully.
Absolutely. This is the problem that we should be focusing on, much more than climate change.
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Old Yesterday, 01:23 PM
 
16,705 posts, read 4,382,445 times
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Quote:
Originally Posted by uggabugga View Post
another big difference - the Japanese companies in that 80's spending spree were not government entities.
Well....are you well read on Japan?

The reason they succeeded...and we continue to decline....is that they DO have plans and the plans are created with the backing of Government Banks and Policies. This has been the way since the 50's or 60's.

https://en.wikipedia.org/wiki/Govern...tions_in_Japan
https://en.wikipedia.org/wiki/Minist...e_and_Industry

The naming conventions might be different, but the Japanese Government and the Banks and the large Industries are/were joined at the hip.

At this point they have gotten so large (Toyota, etc.) that it isn't the same - but in there period from after the war (actually before!) to about the 1990's it was somewhat like modern China in "state sponsored" industries. That is, the government decided on factory town siting, ongoing bank loans, financed exports and made laws which kept things consistent for the planning of the highest end of manufacturing.

China isn't so different. Their government is full of engineers and scientists...which was somewhat the same in Japan. Not pols who promise the world. Not partisans. Realists.

Anyway, in practice there is little difference between
China
Japan
S. Korea
and even Russian purchases of US Assets.

China is buying up much of our best farmland. Wouldn't it be a "nationalist" thing to do to not allow any large foreign owned land tracts here? Maybe some leases could be arranged etc. but with these land purchases and with stuff like Smithfield Farms and many others they are owning a lot of what every American uses.

On the other hand, how many American companies are ubiquitous all over the world? Lots of them.
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Old Yesterday, 01:29 PM
 
16,705 posts, read 4,382,445 times
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Quote:
Originally Posted by rkcarguy View Post

We're playing checkers and doing it poorly, China is playing chess masterfully.
Definitely a true analogy and the exact reason I would never let a guy like Trump near national policy here. He plays tic-tac-toe, not even a good game of checkers. He hold no cards and thinks that actual intelligent people (like the Chinese leadership) are going to bow to him like he's a celebrity (like some Americans do).

That's not the way the world works!

The thing about Chess is a great description because we could find MANY people who simply, no matter what you did, could never play a good chess game. Their mind does not work that far ahead....nor do the circuits connect.

Moreover, we not only need good Chess players for POTUS, but also for the many admin jobs and congress and business leaders and all the others who would be involved in making us competitive.

We are so far away from that - that we might as well not even talk about things in threads like this because the odds of the USA doing anything right are about zero. The Foundation is simply not there....and even if a decent POTUS got in (Yang, etc.) who knew how to play chess, the system would grind him down. There are vast institutions in the USA that don't want to do the best things for the country...rather they want to do the best thing for themselves.
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Old Yesterday, 06:39 PM
 
4,775 posts, read 3,677,462 times
Reputation: 7442
Quote:
Originally Posted by rkcarguy View Post
https://www.msn.com/en-us/money/comp...cid=spartandhp

It's brilliant on China's part. Subsidize manufacturing, monopolize the worlds manufacturing market, rake in trillions through massive trade surpluses, purchase the world. No war required.
Keep it up buying your Chinese made garbage.
It’s interesting you call Chinese goods garbage because the us sure love those so called garbage....
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Old Yesterday, 06:41 PM
 
4,775 posts, read 3,677,462 times
Reputation: 7442
Quote:
Originally Posted by Daryl_G View Post
This is the true plan. Chinese expansion into Panama, Trinidad, East African mines, and Diamond mines. The Chinese have bought many American companies and have huge real estate holdings in all Major cities in the USA, Canada, and big in London as well.

They play the long game for sure.
Why not? They’ve been around as a great power for more than 5000 years. You’re surprised by their long game?
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