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Old Today, 11:25 AM
 
Location: Bellingham, WA
1,033 posts, read 1,158,397 times
Reputation: 1169

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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.
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Old Today, 11:32 AM
 
27,737 posts, read 19,448,850 times
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Smithfield foods - owned by china since 2013 :|

Who’s behind the Chinese takeover of world’s biggest pork producer?

Quote:
Smithfield Foods, the world’s largest pork producer, was acquired by a Chinese firm in 2013 for nearly $5 billion -- more than the company’s market value. The surprising purchase caused some lawmakers to wonder if there might be a hidden player. As part of the series Food for 9 Billion, Nathan Halverson of the Center for Investigative Reporting examines how the Chinese government is involved
https://www.pbs.org/newshour/show/wh...-pork-producer
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Old Today, 11:34 AM
 
1,248 posts, read 222,865 times
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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.
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Old Today, 11:42 AM
 
27,737 posts, read 19,448,850 times
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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.
you are correct. their long game is measured in decades while ours is in months.


wow, i didn't know they bought Syngenta too? $43 billion!

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Old Today, 12:03 PM
 
Location: Bellingham, WA
1,033 posts, read 1,158,397 times
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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.
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Old Today, 12:12 PM
 
Location: Kansas City, MISSOURI
9,511 posts, read 2,898,763 times
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Where have we heard this before?

https://www.businessinsider.com/japa...ing-hotels--20
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Old Today, 12:24 PM
 
Location: Bellingham, WA
1,033 posts, read 1,158,397 times
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Quote:
Originally Posted by James Bond 007 View Post
I don't see it as the same end threat though. Ultimately Japan's cost of living and therefore cost of producing goods surpassed ours and now a good majority of Japans cars destined for the US are built here with more US parts and labor than our "American" car/truck companies. Japan has limited "real estate" to work with and grew until their little island was bursting at the seams and that was that. China has a far more massive country in size and population, and it will be decades, if ever, before we would see China's cost of living and quality of life rise to = ours, such that trade would level out with no tariff intervention.
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Old Today, 12:25 PM
 
24,925 posts, read 12,250,925 times
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Dont buy Chinese garbage. Simple.
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Old Today, 12:27 PM
 
Location: Seattle
1,455 posts, read 307,734 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.
More likely Go, where you win by steadily surrounding your opponents pieces and snuffing them out.
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Old Today, 12:33 PM
 
1,248 posts, read 222,865 times
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Quote:
Originally Posted by James Bond 007 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.
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