Panel 4: Economic and Trade Relations with China
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- Опубликовано: 22 сен 2024
- This panel is moderated by ICAS Senior Fellow Sourabh Gupta. The panelists discuss the trade and economic relations between China and the United States and evaluate Trump's 100 Day Plan.
The panelists are:
Claude Barfield, Resident Scholar at the American Enterprise Institute
Yukon Huang, Senior Fellow at the Asia Program at Carnegie Endowment for International Peace
Yawei Liu, Director of the China Program at the Carter Center
William Reinsch, Distinguished Fellow at the Stimson Center
Thanks, Dr. Huang, for sharing his insightful perspective.
Yukon is da' man! The Einstein of Economist!
Mr. Huang and Mr. Liu both of the intellectuals' eloquent statements with true understanding of the international economic, political and social dichotomy on all angles. It only properly evaluates the assessment if one see to both end of the differentiate state of the current event. Thank you for both of your fine presentation.
😊
So, according the third guy, China devote a lot efforts in new technologies such as semi conductors, is a threat instead of a competitor ? Do they need your permit to develop anything in their country ? Their ambitious project to advance technologies is a threat because that will displace the US ?
Finally a man who understands the situation.
Peter, this is the situation. The US is using the trade deficit as a distraction because as Dr. Huang said trade is not the problem. Straight to the point, the psychopaths in the government (US) will do anything they are instructed to do by the Wall Street elite and that includes going to war because the Wall Street elites have to be #1 and in control of everything in the world. Why do you think the US is squeezing Iran so hard and is willing to go to war with Iran? It's not about nuclear weapons, the guys on the ground have said Iran is complying with the agreement. And look at what's going on in Venezuela, another large oil producer. The psychopaths are going to squeeze China by squeezing the oil market, take out Venezuela and Iran all you have left is Russia because the psychopaths have the Saudis in their back pocket. You remember Trump over there in Saudi Arabia dancing like the idiot he is. It's called Pax Americana. Remember the invasion of Iraq, and also study the war over the Suez Canal back in the 50's and 60's. War is imminent with Iran, rest assured, not quite sure how Venezuela will turn out. The Doomsday Clock is getting closer to midnight so enjoy life while you can.
The consequence of the dollar hegemony is a huge trade deficit, because the United States needs to flood the world with a large amount of dollars, and other countries must use inexpensive commodities in exchange for dollars. Therefore, the U.S. manufacturing industry must be unable to compete and transfer to other countries. These are the deformed economic models caused by the greedy capital of the United States! In order to transfer contradictions, American politicians say that they have been caused by other countries, thus blocking trade in other countries! If the American people are still not aware of this issue clearly, then the United States will not really be great again!
In fact, there is no absolute democracy in this world. This is just a game made by the capital group that fled from Europe to the United States in World War II. Democracy requires funds to run for elections, and it is about the capital group behind the official US government. And unlike China, they will not allow any capital to control this country, which is why Western capital wants to get the Asian market and fear the socialist countries!
The Belt and Road Initiative is actually bypassing the maritime trade channel controlled by the United States, and Americans are certainly afraid! Just like the oil China renminbi, China's global industrial division of labor competitiveness is gradually approaching the United States! Therefore, the United States began to comprehensively curb China’s development. US hegemony does not allow any country to compete with the United States! Look at the war launched by the United States. You will understand the reasons for all this! Although the United States is a highly democratized country, behind the democratic government are controlled by large interest groups, such as arms and oil finance. This will inevitably drive the United States to use war and other means to maintain its dominance. This is why U.S. spending has not been used to build the United States. After all, China has experienced a history of 5,000 years of civilization. Looking back at the history of China, the dynasty that used force to dominate was often dying, and the history of the world was also reviewed. Therefore, China will not take the old road of the United States. China's One Belt and One Road is to link the Eurasian African continent with railways, so that it can form the world's largest trade market. The advantage is that it can be separated from the US sea route control. Once the largest world trade market is formed, the United States will be marginalized. The United States will no longer be the central force of the world, and the center of the world will return to Europe, Asia and Africa! This is why the United States is so afraid of the Belt and Road. And China has begun to compete with the United States in high-end manufacturing, so the United States has to do everything to kill China! Including political diplomacy, financial warfare, media public opinion warfare, biological weapons warfare, arms competition, and finally military warfare.
In fact, let us review the history of the world and have a very clear answer. China is a country with a history of civilization of 4000-5000 years. If a country can exist for such a long time, then it must know how to rule the land. Since the World War II and the industrial revolution, the West has begun to become the center of the world, but it has only been two hundred years. Because the short sight of political gaze cannot rule the country for a long time, look at the Mongolian Empire. Historically, Many outside nations have invaded Chinese territory, but they will not rule for more than one hundred years. Because they only use force and no wisdom. Maybe technological force can be a leader in the world for a while, but it won't last long. The reason behind this is the political system!
In the future, the United States will be difficult to compete with China at many levels, such as market size and demand and consumption levels, industry chain, talent pool, political system and reform capabilities.
Nkaka tense
Take Yukon Huang with a grain of salt. He is Chinese-American but had lived in Beijing for several years. I believe that's how he got approached by "United Front" committee of CCP. I said it with reasons.
Here is his latest vid, ruclips.net/video/XepCi0I_g6I/видео.html . If you listen to his views, they are skewed.
"Debt is not a problem for China" around 32:00 mark. Well, Huang, here is what PBoC said
www.bloomberg.com/news/articles/2017-12-25/pboc-official-says-local-government-bankruptcies-are-needed
I wrote 6 analytical comments there. 3 light comments went through while 3 other critical ones got censored. I can see all but they don't appear in public view, aka if you are not logged in.
At the same time, Carnegie Endowment institute has been "favored" by China. So take words coming out of it with a grain of salt. You can search for United Front here on youtube. At least, Chris Chappell covered it once.
zaiks0105 I personally think Huang is probably too optimistic but I doubt he has been co-opt by 'United Front'. United Front seems to be the latest flavour the West has latched onto, but it is basically a sham department like People's Consultative Congress, which United Front is associated with. These are places where near retirement bureaucrats draw salary whilst doing basically nothing
Chinese government is too obtuse and disorganized to co-op think tank types. Chinese government basically don't care what other people think (when it really should).
Ad hominem without even advancing any argument?
+Cheng No, it is called deduction. I can smell it through Internet.
The argument of Yukon g is irrational we are not stupid, but where Yukon is maybe right more and more production in China is relocating in vietnam, india, malaisia etc, I am looking my clothes now and see less and less coming from china and I stop buying from wish, cute or other Chinese site as half of what I order never came and impossible to file complain like alibaba, these scams must stop now...