China is stockpiling – we must do the same
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China is stockpiling – we must do the same
1–10 of 29 posts
Re: China is stockpiling – we must do the same
#2Re: China is stockpiling – we must do the same
#3So engage in a resource war and anything else really than putting any effort in stopping Trump. Got it.
Re: China is stockpiling – we must do the same
#4"it is spending about $700 billion"
Where is the number from? Stockholm International Peace Research Institute estimates China's military expenditure in 2022 to be $292.0 billion, trailing $877.0 billion of US. (source: [Wikipedia](https://en.wikipedia.org/wiki/Military_budget_of_China))
There are not a lot more numbers (let alone numbers with sources) in the article. China has a lot of EV batteries because it is leading in promoting EV usage. It stockpiles a lot of agricultural products because, well, there are a lot of mouths to feed.
Re: China is stockpiling – we must do the same
#5This opinion piece is so loaded with fear mongering, divisiveness and subtle suggestions of "faits accomplis", that I can't read it without propaganda alarms sounding everywhere
Re: China is stockpiling – we must do the same
#6US sanctions on PRC limit what PRC can buy now, may be confiscated pending US admin to prevent PRC spending later.
Meanwhile PRC trade surplus huge -> PRC USD reserves huge -> USD is strong and commodity prices not too whack due to global slow down.
Why not stock up now? Eventual global recovery could trigger expensive commodity super cycle. Would it be helpful in war, sure. But PRC needs to build up nukes first, going to take a few years for 50% parity.
Re: China is stockpiling – we must do the same
#7China is accumulating commodities that will make its currency a dominating one in the global reserve currency space. It's a long term play, and I don't believe it has anything to do with Trump or Taiwan.
Re: China is stockpiling – we must do the same
#8When climate change people have to change, this means migrations, war for resources etc, ANYONE wise do it's best to be as resilient and resourceful as possible. Accidentally this is the opposite of modern nazi-management paradigm.
Re: China is stockpiling – we must do the same
#9"it is spending about $700 billion" Where is the number from? Stockholm International Peace Research Institute estimates China's military expenditure in 2022 to be $292.0 billion, trailing $877.0 billion of US. (source: [Wikipedia]( https://en.wikipedia.org/wiki/Military_budget_of_China )) There are not a lot more numbers (let alone numbers with sources) in the article. China has a lot of EV batteries because it is l…
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Re: China is stockpiling – we must do the same
#10"it is spending about $700 billion" Where is the number from? Stockholm International Peace Research Institute estimates China's military expenditure in 2022 to be $292.0 billion, trailing $877.0 billion of US. (source: [Wikipedia]( https://en.wikipedia.org/wiki/Military_budget_of_China )) There are not a lot more numbers (let alone numbers with sources) in the article. China has a lot of EV batteries because it is l…
The $700bn seems to be adjusted for power purchase parity.