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That's no different really with what companies like Tyco, etc were doing 20 years ago.

USA, although espousing 'free market' ideologies, has always protected its own market. Just try certifying a Japanese-built aircraft in the US.
 
China has 2 things. Lots of money and lots of cheap skilled labour.
I have nothing wrong with USA doing stuff but the horse has bolted. Closing stable door now is a bit late.
The Western consumer wants cheap sports shoes and cheap colour TV. Unless we in the west rebel against working practices which are illegal in the west then it will continue. The big companies who sell us dreams of freedom and choice are using people who are not free.
 
Perhaps I'm being xenophobic but seems pretty obvious to me that the state-owned and massively subsidized companies of China are just plain dangerous because China uses its state-owned enterprises as a strategic tool of the state. By pretending they are private companies abiding by free-market rules.

Say hello to globalization. US companies have invited these sales with open arms because of the profit margins. In order for the Chinese to get their hands on any country's goods, there has to be agreement between the interested seller and buyer. You cannot solely blame the Chinese for this, like the current US administration tends to do. China has been exclaiming that it will become an economic powerhouse for forty or so years now and everyone has embraced the opportunities to trade with it, knowing full well how the Chinese choose to do business. The driving factor behind these business deals has been profit and execs who get rich from that profit, clearly not the ethics of trading with China.
 
If you let the fox in the hen house then don't be surprised if it's chicken dinner time.
 
with open arms because of the profit margins.
Most assuredly true as I stated. It is as I stated, our own shortsightedness and greed. On the other hand read again the part you quoted "the state-owned and massively subsidized companies of China are just plain dangerous because China uses its state-owned enterprises as a strategic tool of the state. By pretending they are private companies abiding by free-market rules."
I may be totally wrong in this but IMHO I think that these American companies are babes-in-the-woods when it comes to dealing with these Machiavellian Chinese companies who are, in fact, arms of the government thinking in terms of multiple decades down the road. Consider the American acquisition when Maytag, which owned Hoover, was acquired by Whirlpool. Was there even the slightest concern that Whirlpool was a hostile entity with the goal of subverting the government and its political processes?
Again, I may be entirely off base here but I see China as a highly dangerous and aggressive entity that we are at war with even though no one is shooting bullets. In terms of the quote often attributed to Yamamoto: I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve.
China has a long memory and was shaped by what the Western colonial powers did to China in the late 1800s culminating in the Boxer Rebellion.
Do you really think that our buddy China out of sheer love and good will loaned the US $1.12 TRILLION? Do you think one more step towards turning the US into a client state wherein we work for them.
 
Back in 2002 one of our fellow employees, originally from Guatemala, went back for the funeral of his toddler grandson. While there, he found that his son and others were out of work because the Chinese bought the furniture factory where the son worked from local owners and brought in Chinese immigrants to work in it.
Locally, in Jefferson parish Louisiana, the Chinese have bought a large movie theater.
 
Most assuredly true as I stated. It is as I stated, our own shortsightedness and greed. On the other hand read again the part you quoted "the state-owned and massively subsidized companies of China are just plain dangerous because China uses its state-owned enterprises as a strategic tool of the state. By pretending they are private companies abiding by free-market rules."
Subscribe to read | Financial Times
 
Again, I may be entirely off base here but I see China as a highly dangerous and aggressive entity that we are at war with even though no one is shooting bullets. In terms of the quote often attributed to Yamamoto: I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve.

You may well be right, Mike, or not. But business is business and US and other world businesses and governments have ignored this perceived threat for years. This is the point. Grandstanding and saying the Chinese are bad after the deal is done is just closing the stable door. Just remember, the Chinese will do it their way with or without Western assistance.

Let's put it this way, inciting trade wars is just hurting the US economy. It isn't harming China as much as it will do to America. It's also severely stifling these free market ideals that the US is so keen to espouse.
 
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China has 2 things.

They have lots of weird theme parks.

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Boats 2

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Binhai 1

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The carrier deck

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Xian H-6

How does a nuclear bomber in the middle of a go-cart track grab you? Or a fake aircraft carrier?
 
End of day if China did loan trillions then that's good business.
Can't go to war with USA unless they pay it back!

Don't think much of the Badger there as its take off capabilites are severely restricted and any combat load will see it into that building. But its VTOL abilities are spot on. Fancy the skill landing in a go cart circuit! Top notch.
 
I guess this could be analogous to Japan last century. The west fell over themselves to modernise Japan with the consequences that are known.
 
I would rather purchase from a former enemy who has become a loyal ally, than to deal with someone who has your destruction in mind in every transaction.
Destruction? I don't think so. More like subjugation. We're far more useful to them enslaved and exploited than destroyed. In the oriental mind, that would be the harmonious and just retribution for what we (the white western world) subjected them to for centuries, as well as being economically advantageous.
 
Destruction? I don't think so. More like subjugation. We're far more useful to them enslaved and exploited than destroyed. In the oriental mind, that would be the harmonious and just retribution for what we (the white western world) subjected them to for centuries, as well as being economically advantageous.

The US is a consumer society - they consume goods, China is largely a producer. A weak US isn't an advantage for China at all.

You may not see it from inside the US, but China are just doing what the US have done for many years, IMO.
 
The US is a consumer society - they consume goods, China is largely a producer. A weak US isn't an advantage for China at all.

You may not see it from inside the US, but China are just doing what the US have done for many years, IMO.
Yes, they are gradually evolving from a producer society to a consumer society, as we did, and accumulating a gigantic quantity of capital, as we did, and will eventually get too proud and too affluent to take care of their own menial needs, as we now are, and will need a compliant, cheap, expendable labor force to do their dirty work, which we will be, and they have been.
"Oh, we are the navvies that work upon the railway,
bending our backs in the hot blazing sun,
living on beans and drinking bad whiskey,
while across the far ocean, our loved ones lie sleeping,
far, far, away in a land called Cathay."
(Apologies to Gordon Lightfoot)
Yin displaces yang displaces yin, ad infinitum, and the cycle continues.
Cheers,
Wes
 
Certain guy is saying the Huawei business can be resolved with an economic deal.
Either they is spying or is not.
But from my limited view, this seems more like general shenanigans than spying.
 
Look at South Korea.
It was utterly dirt poor and now got colour TVs and them motor cars. I got a Korean car so I buys it.
See in China they got 996. That's 9am to 9pm for 6 days a week. So the working week is like 72 hours! In South Korea they had to regulate homework schools for children so they closed at 10pm.

Somebody somewhere is putting the hard yards in and my Sony smartphone and Kia car and Lenovo laptop and Toshiba TV and Sony alarm clock and my Liverpool souvenir which I bought in Liverpool with Beatles on it made in China says to me that there maybe the West ain't doing it.
 

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