China’s problem is that its resource was cheap labor (or bluntly put modern day slavery).
China’s Economy Slows Sharply
131–140 of 260 posts
Re: China’s Economy Slows Sharply
#132Earlier quoted context omitted.
Did you not read my comment? I explicitly mentioned that there are multiple forms of unemployment statistics measures by Labor, and that workforce participation statistic is most accurate. Yet, you will never ever hear these stats on TV or from Trump. It is solely just screaming about "RECORD LOW UNEMPLOYMENT", when it is anything but a healthy employment situation.
Politician cherry picks number that makes him look good! News at ten.
Except every politician has done this for this specific stat. Why are you defending it so vehemently when it is a pitiful indicator?
Re: China’s Economy Slows Sharply
#133Much like the now disgraced/debunked Judith Miller article helped garner massive support for Bush's Iraq war, this article is meant to support Trump's anti-China rhetoric and trade war.
We're supposed to conclude that Trump's tariffs have dealt a serious blow to China's economy, and thus to suppress our disgust with the policy, since it will not take much more time for China to beg for respite.
It should be obvious by now that there is a concerted effort to amplify unfavorable publicity for the Chinese government, the Chinese people, and the Chinese way of life.
Also, fwiw, since when does it make sense to draw massive micro-economic conclusions from interviews from a handful of people? If this were news it would be an economic paper, not an article cobbled together out of a few interviews/quotes.
Re: China’s Economy Slows Sharply
#134Earlier quoted context omitted.
> hugely subsidised mail I noticed this many years ago when ebay vendors from china were able to sell stuff for less that what one has to pay for shipping What's the implication here in this context?
It is essentially abusing the UBU to subsidize trade from China. There was an excellent NPR story about it: https://www.npr.org/templates/transcript/transcript.php?stor...
Thank you for that link, I am somewhat that it hasn’t become a political issue given the current environment. Do you know if anyone is trying to address this issue?
Re: China’s Economy Slows Sharply
#135Every economy has a plateau then a fall, then a pull back up again. I think the aggressive trade stance and hard line politics by China might have played a major role. As it’s frightened both the local businesses and foreign businesses and lead to all global powers starting to put tariffs and trade barriers up, all due to China wanting to get away with pretty blatant violations of fair trade, huge import taxes on for…
> build junk make bank
that's a useful description for an awful lot of products I've purchased over the last 10 years.
in some areas, this market strategy has prevailed so completely that it's really hard for a consumer to find something that's not junk.
Re: China’s Economy Slows Sharply
#136Much like the now disgraced/debunked Judith Miller article helped garner massive support for Bush's Iraq war, this article is meant to support Trump's anti-China rhetoric and trade war. We're supposed to conclude that Trump's tariffs have dealt a serious blow to China's economy, and thus to suppress our disgust with the policy, since it will not take much more time for China to beg for respite. It should be obvious b…
> our disgust with the policy
a prediction: the next US president (almost certainly a Democrat) will continue these policies or other very similar policies. the next president will not suddenly "lighten up" on China.
Re: China’s Economy Slows Sharply
#137Earlier quoted context omitted.
It is essentially abusing the UBU to subsidize trade from China. There was an excellent NPR story about it: https://www.npr.org/templates/transcript/transcript.php?stor...
Thank you for that link, I am somewhat that it hasn’t become a political issue given the current environment. Do you know if anyone is trying to address this issue?
As far as I know, the US is making noise about it. I don't know if any real changes have occurred.
Re: China’s Economy Slows Sharply
#138Earlier quoted context omitted.
I've seen it in various economics articles/readings on the topic regarding the governments long term economic strategy. (see article below I found) You are also right - yes one of the biggest complains IS that many Chinese businesses are "owned" by the government with lots of influence there. However, the big resistive force here preventing this further breakup is that they are such huge employers, and it is not poli…
I love all these "You are also right" comments. One of the skills I hear about being prized in Chinese culture is the ability hold two conflicting ideas in your head at once, without feeling stressed about it. And that skill seems to help when trying to understand China itself!
No, Chinese do not have a culture to have conflicting ideas and not feeling stressed, not as anything I know from my 24 years of living and studying as a native Chinese.
If you are talking about "求同存异" that's for agreeing to have disagreement, which is a common cooperation culture around the globe.
If you are talking about "无为而治" from the Taoism philosophy of doing without actually forcing, that's not something relevant here though.
PS: I am often amused by people coming up with obviously-weird/nonsensical claims on Chinese, China or its culture, and the readers seemingly unable to apply common sense to disapprove them. This, to me, is an unconscious (or actually intentional) way of reinforce stereotype on China, which can be useful, for example, in mwny cases when someone in power wants to mobilize the common people, such stereotype really makes things easier to get approved.
Re: China’s Economy Slows Sharply
#139Re: China’s Economy Slows Sharply
#140Earlier quoted context omitted.
It is essentially abusing the UBU to subsidize trade from China. There was an excellent NPR story about it: https://www.npr.org/templates/transcript/transcript.php?stor...
Thank you for that link, I am somewhat that it hasn’t become a political issue given the current environment. Do you know if anyone is trying to address this issue?
US announces intent to withdraw from international postal rate system:
https://thehill.com/homenews/administration/411828-us-announ...