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China is the manufacturing superpower

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Re: China is the manufacturing superpower

#131

Post by travisporter »

riku_iki wrote: post #49
kayewiggin wrote: post #44

Earlier quoted context omitted.

Very comprehensive list of how China has lost export power to US over the years. Remember that US has the largest consumer market in the world, more than double the second place, EU. https://en.wikipedia.org/wiki/List_of_largest_consumer_marke... https://www.forbes.com/sites/kenroberts/2024/06/25/us-import... - Chinese imports into the United States are down 19.78% from April of 2018 — when Trump first started imposi…

> TVs and monitors: Big winner is Vietnam. Mexico overtook China as the import leader This doesn't make sense to me, do they do some high level assembly of components? I think China took over global market of TV panels manufacturing for example: With this transaction, Chinese manufacturers’ market share of the LCD panels used in TVs will increase from 66% to 72%, with nearly 100% share in ultra-large 90 – 115 inch sc…

That sense to be possible thesis esp given a comment earlier about china effectively laundering some goods to countries with deficits to china

Re: China is the manufacturing superpower

#132

Post by fooker »

doppp wrote: post #115
tivert wrote: post #78

Earlier quoted context omitted.

> One thing people are not aware of and am curious of how big it really is: China manufacturing laundry. Essentially, goods are manufactured in China, then laundered to a third-party country and then exported to the US/EU. IIRC, a lot of stuff that's labeled "Made in Singapore" is/was basically that.

As a Singaporean, I have not seen this. Do you have any proof?

Look around from a rooftop, do you see many factories with smoke coming out of chimneys?

Re: China is the manufacturing superpower

#133

Post by PittleyDunkin »

bobthepanda wrote: post #102
mahirsaid wrote: post #73

this is amazing and filled with facts that i wish everyone arguing the point that china cant overtake U.S. in economy or world superpowers would read. The facts are there, there is not much hiding around the corner, all of the true indication is in front of us. Yes. the article states U.S. still holds the title for world superpower by military size and capabilities. That's not to say that china cant catch up in no ti…

I don’t think it’s necessarily so clear that Chinese foreign policy has really paid off yet. Chinese loanmaking to foreign countries has mostly gone bust, with many loans basically in default. While it’s true that Western development agencies were not lending to these projects, they mostly weren’t doing so because they were doubtful of the business cases of said projects and the likelihood that the government could a…

> Chinese loanmaking to foreign countries has mostly gone bust, with many loans basically in default.

As America (or the world bank/imf as a proxy for american capital) can attest, calling in these loans is a great way to make a lot of enemies.

Re: China is the manufacturing superpower

#134

Post by PittleyDunkin »

manishader wrote: post #126
ted_bunny wrote: post #116

Earlier quoted context omitted.

It's been argued that if you observe actions and not words, default has always been the point of IMF loans. Have you read Confessions of an Economic Hitman?

If you can't tell Confessions of an Economic Hitman is a work of fiction I don't know what to tell you.

You don't need to read the book to see the role the world bank plays in preserving worldwide power structures. The entire world can talk to each other outside the american media sphere, you know!

Re: China is the manufacturing superpower

#135

Post by hnthrow90348765 »

mahirsaid wrote: post #73

this is amazing and filled with facts that i wish everyone arguing the point that china cant overtake U.S. in economy or world superpowers would read. The facts are there, there is not much hiding around the corner, all of the true indication is in front of us. Yes. the article states U.S. still holds the title for world superpower by military size and capabilities. That's not to say that china cant catch up in no ti…

>attacking the top tech firms and industries with regulation will only push them out to more favorable grounds give new room for industries to form in more favorable grounds other than U.S

Let them go, someone else will step in. Yes it will be inefficient as someone else ramps up, but companies that are only here to repeatedly hold the country hostage to get out of sensible regulations are a threat to the population's security. China will eventually abuse its population to the breaking point.

Re: China is the manufacturing superpower

#136

Post by stefan_ »

mahirsaid wrote: post #73

this is amazing and filled with facts that i wish everyone arguing the point that china cant overtake U.S. in economy or world superpowers would read. The facts are there, there is not much hiding around the corner, all of the true indication is in front of us. Yes. the article states U.S. still holds the title for world superpower by military size and capabilities. That's not to say that china cant catch up in no ti…

What do you mean, Chinese foreign policy is an utter train wreck. All of their neighbors hate them.

Re: China is the manufacturing superpower

#137

Post by kelipso »

treebeard901 wrote: post #112
soramimo wrote: post #108

And unfortunately for the West, manufacturing capacity translates to military capability in any prolonged conflict (which is why industrial policy and tariffs in dual use / strategic industries seem like the way to go)

Any non-nuclear prolonged conventional war will see U.S. ammo and shipbuilding far surpassed by Chinas manufacturing base and it isnt even close. The U.S. plan was to cut off oil shipments and food if this happened. Now China can likely have a Navy capable of guarding oil shipments from the Middle East all the way to Chinese ports. Everyone in the U.S. just assumes that they did it in 1940 so they can just do it agai…

In that scenario, they would use Russia rather than Middle East for oil shipments in the first place.

Re: China is the manufacturing superpower

#138

Post by rkancv »

mahirsaid wrote: post #73

this is amazing and filled with facts that i wish everyone arguing the point that china cant overtake U.S. in economy or world superpowers would read. The facts are there, there is not much hiding around the corner, all of the true indication is in front of us. Yes. the article states U.S. still holds the title for world superpower by military size and capabilities. That's not to say that china cant catch up in no ti…

Yes, China engages diplomatically and financially with countries that the U.S. fought and then leaves. Since the withdrawal from Afghanistan of course China appeared instantly:

https://www.wilsoncenter.org/blog-post/mining-influence-chin...

Now the U.S. is fighting for minerals in Ukraine. Rare moment of truth by Senator Graham:

https://responsiblestatecraft.org/lindsey-graham-ukraine/

This of course could have been achieved diplomatically by cooling down the NATO tensions. But no, another proxy war must be fought that likely will be lost like Korea, Vietnam, Afghanistan, etc. The Chinese do not fight and profit from all of this.

Re: China is the manufacturing superpower

#139

Post by bluGill »

fooker wrote: post #132
doppp wrote: post #115

Earlier quoted context omitted.

As a Singaporean, I have not seen this. Do you have any proof?

Look around from a rooftop, do you see many factories with smoke coming out of chimneys?

Most factoies don't have a chimney. electric powers them.

Re: China is the manufacturing superpower

#140

Post by kelipso »

manishader wrote: post #128
pm90 wrote: post #48

Earlier quoted context omitted.

Certainly. The reality of the political situation though is that China is an authoritarian country ruled by the PRC, increasingly acting more like a dictatorship. While China’s economy, society and people have 100% the right to grow as much as they would like, those of us living in (sonewhat) liberal democracies would still want to contain the power of the PRC (and the cult of Xi Jinping).

If 1989 had gone in a different direction and China today is just a giant version of Taiwan, how would that possibly be better as an American? We would all be trying to figure out how to get paid in digital Yuan. Instead they have huge manufacturing capacity sitting on top of a completely busted financial system. Look at the returns of Chinese equities vs GDP growth the last 20 years. It is completely absurd. The fin…

> returns of Chinese equities

Another phrase for money leaving the country without goods coming in?

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