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China's $1T Plan to Shake Up the Economic Order

nytimes.com

71–80 of 198 posts

Re: China's $1T Plan to Shake Up the Economic Order

#71
post #48

Earlier quoted context omitted.

LOL nothing compared to China. China partners with startups, steals their IP and then escapes back to the homeland and no course of legal action. They get all the access to the West's markets and then give almost no access to their own. Their companies are all backed by the government and it's rigged in their favor. They cheat constantly, check out the EU scandal where they smuggle goods into London don't pay equal t…

> They purchase our movie studios and then force on them Chinese propaganda and nothing negative on China ever. They are free to do what they want with what they have bought and paid for. > if not the least Lol is right.

Don't you know, Hollywood has never pushed American propaganda before...

Re: China's $1T Plan to Shake Up the Economic Order

#72
post #21

The "Belt and Road" scheme is well known. The first container freight train from Yiwu, China to Barking, England, arrived January 15, 2017. Coast to coast travel time: two weeks.[1] Conveniently, China uses a 4' 8.5" track gauge, unlike Russian metric gauge, so they can move freight cars all the way without a gauge change. Soon, of course, heavier rails, longer trains, faster trains, more trains, better gradients, mo…

To add to that, the SCMP newspaper just released a visual a couple days ago explaining various projects. The five main projects of the Belt and Road Initiative http://multimedia.scmp.com/news/china/article/One-Belt-One-R...

"The connection to the server was reset while the page was loading." Can't see it -- blocked in mainland China.

Re: China's $1T Plan to Shake Up the Economic Order

#73
post #21

The "Belt and Road" scheme is well known. The first container freight train from Yiwu, China to Barking, England, arrived January 15, 2017. Coast to coast travel time: two weeks.[1] Conveniently, China uses a 4' 8.5" track gauge, unlike Russian metric gauge, so they can move freight cars all the way without a gauge change. Soon, of course, heavier rails, longer trains, faster trains, more trains, better gradients, mo…

According to thablackbull's link, gauge changes take place in Khorgos between China and Kazakhstan and at the Belarus-Poland border. Much of the journey is through the former Soviet Union.

Re: China's $1T Plan to Shake Up the Economic Order

#74

The scary part is china's protectionism. Small nations and businesses have so little possibilities to operate in china without getting robbed of IP or being outcompeted by state supported domestic ventures. I fear the future of China being stronger superpower than the USA.

Protectionism has never made a country strong.

Seems to be working pretty well for China so far.

Re: China's $1T Plan to Shake Up the Economic Order

#75
post #30

Its more like China vs Europe, USA would only benefit. USA can also use the same road to ship goods from West Coast to Europe.

You might want to look at a globe, the Pacific ocean is much larger than you appear to think.

The US and Russia have been talking on-again off-again since the 1990's about a sea tunnel from Alaska to Siberia.

Re: China's $1T Plan to Shake Up the Economic Order

#76
post #48

Earlier quoted context omitted.

LOL nothing compared to China. China partners with startups, steals their IP and then escapes back to the homeland and no course of legal action. They get all the access to the West's markets and then give almost no access to their own. Their companies are all backed by the government and it's rigged in their favor. They cheat constantly, check out the EU scandal where they smuggle goods into London don't pay equal t…

I don't see how stealing IP is protectionism. Theft, sure, but not protectionism.

I would say it's the other way around.

Negotiating international trade agreements with the purpose of limiting the flow of information by means of "IP" is the very definition of protectionism.

Re: China's $1T Plan to Shake Up the Economic Order

#77
I'm struck by China's ability to attempt large, ambitious projects like this, compared to America's inability to do, well, anything really.

The largest infrastructure project I'm aware of in the USA is California's High Speed Rail (~$60B+), was approved a decade ago and is barely making any progress. The federal government is in complete gridlock. The most ambitious legislation passed in the last decade, the ACA, caused endless partisan warfare. Meanwhile, obvious policy wins like allowing more immigration [1] are not even discussed.

I've been following US politics for the last 2-3 presidents (going back to George W Bush), and it makes me very pessimistic. I don't see how a country can expected to be exceptional, or even above average, with politics that are so dysfunctional.

Perhaps, though, I'd have a different view if I could see things from inside, within China?

[1] http://paulgraham.com/95.html

Re: China's $1T Plan to Shake Up the Economic Order

#78

It's interesting that a country of China's size works without any history of widespread religious belief.

Isn't the period from the end of the Three Kingdoms (~280AD) to the beginning of the Sui/Tang (~580AD) when Mahayana Buddhism evangelized China?

Re: China's $1T Plan to Shake Up the Economic Order

#79
post #21

The "Belt and Road" scheme is well known. The first container freight train from Yiwu, China to Barking, England, arrived January 15, 2017. Coast to coast travel time: two weeks.[1] Conveniently, China uses a 4' 8.5" track gauge, unlike Russian metric gauge, so they can move freight cars all the way without a gauge change. Soon, of course, heavier rails, longer trains, faster trains, more trains, better gradients, mo…

According to the articles below, they still have to switch to Russian gauge when entering Kazakhstan and back when entering Poland.

Re: China's $1T Plan to Shake Up the Economic Order

#80
post #78

It's interesting that a country of China's size works without any history of widespread religious belief.

Isn't the period from the end of the Three Kingdoms (~280AD) to the beginning of the Sui/Tang (~580AD) when Mahayana Buddhism evangelized China?

Isn't Buddhism a philosophy/approach to living rather than a religion?
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