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> US-China Trade War. What's your take? (Economic Issues)

icemanfx
post Nov 10 2018, 12:00 PM

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China has more distressed corporate debt than all other emerging markets

London: In the span of just 11 months, China went from having no distressed dollar-denominated corporate bonds to having more than any other emerging market.

The world’s second-biggest economy has 15 bonds whose option-adjusted spreads over US Treasuries were above 1,000 basis points as of November 6, according to a Bloomberg Barclays index. That’s more than all the other nations on the gauge, combined.

https://m.economictimes.com/markets/stocks/...ow/66551639.cms

This post has been edited by icemanfx: Nov 10 2018, 12:02 PM
icemanfx
post Nov 10 2018, 02:28 PM

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BEIJING — Well before dawn, nearly a hundred people stood in line outside one of the capital’s top hospitals.

They were hoping to get an appointment with a specialist, a chance for access to the best health care in the country. Scalpers hawked medical visits for a fee, ignoring repeated crackdowns by the government.
....

Then, there are the scandals. In July, hundreds of thousands of children were found to have been injected with faulty vaccines. The news angered the public, rattling confidence in the government and amplifying frustration with the health care system.

While the wealthy have access to the best care in top hospitals with foreign doctors, most people are relegated to overcrowded hospitals. In the countryside, people must rely on village clinics, or travel hundreds of miles to find the closest facility.

The country does not have a functioning primary care system, the first line of defense for illness and injury. China has one general practitioner for every 6,666 people, compared with the international standard of one for every 1,500 to 2,000 people, according to the World Health Organization.

Instead of going to a doctor’s office or a community clinic, people rush to the hospitals to see specialists, even for fevers and headaches. This winter, flu-stricken patients camped out overnight with blankets in the corridors of several Beijing hospitals, according to state media.

Hospitals are understaffed and overwhelmed. Specialists are overworked, seeing as many as 200 patients a day.
....

https://www.nytimes.com/2018/09/30/business...-picks-business

zamorin
post Nov 10 2018, 02:42 PM

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QUOTE(HELLO HELLO @ Nov 10 2018, 02:17 AM)
you still try to cover your bullshit and being naive ...LOL

you point back your bullshit actually ..LOL

go and do more research on Qian Xuesen whether he very get "expatriated" before you talk bullshit...LOL

He dying to go back to China his motherland but got trap in USA for 5 years long. coz he is very important person to USA during that time.

don't try to twist history now.  whistling.gif  yawn.gif
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I point out your bullshit, you repeat after me but still cant tell where I bullshitted like in your case where I pointed out to you, your bullshit

Why I need to read about Qian Xuesen when I already quoted the source? unlike you pulling rabbits out of the hat.

Whatever the circumstances he didn't go back voluntarily like the claim you made.

Didn't even know all that happened well before Deng took power. Go start learning some history instead of making a fool out of yourself like in the past few posts now


This post has been edited by zamorin: Nov 10 2018, 02:46 PM
k!nex
post Nov 10 2018, 06:47 PM

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My take is simple. Usa vs China. Vietnam benefits most.
Its located right next door to China. China manufactured goods , transport to Vietnam. At Vietnam it is then shipped to Usa. There you escape the tariff.
But for USA who wanna become their transit country for their goods to escape tariff from China? Mexico ?

Hetna Ligiv
post Nov 10 2018, 09:10 PM

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QUOTE(k!nex @ Nov 10 2018, 01:47 PM)
My take is simple. Usa vs China. Vietnam benefits most.
Its located right next door to China. China manufactured goods , transport to Vietnam. At Vietnam it is then shipped to Usa. There you escape the tariff.
But for USA who wanna become their transit country for their goods to escape tariff from China? Mexico ?
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That's a creative way to see it. I'm sure there're thousands, if not millions of Chinese exporters doing this. One's problem is somebody else's gain. wink.gif

This post has been edited by Hetna Ligiv: Nov 10 2018, 10:56 PM
WhyYouSoSerious
post Nov 10 2018, 10:08 PM

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QUOTE(k!nex @ Nov 10 2018, 06:47 PM)
My take is simple. Usa vs China. Vietnam benefits most.
Its located right next door to China. China manufactured goods , transport to Vietnam. At Vietnam it is then shipped to Usa. There you escape the tariff.
But for USA who wanna become their transit country for their goods to escape tariff from China? Mexico ?
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This is what happen now. plus encourages China to pour more money into Belt and Road Bond and creating new alliances.
Hetna Ligiv
post Nov 10 2018, 10:58 PM

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QUOTE(icemanfx @ Nov 10 2018, 09:28 AM)
BEIJING — Well before dawn, nearly a hundred people stood in line outside one of the capital’s top hospitals.

They were hoping to get an appointment with a specialist, a chance for access to the best health care in the country. Scalpers hawked medical visits for a fee, ignoring repeated crackdowns by the government.
....

Then, there are the scandals. In July, hundreds of thousands of children were found to have been injected with faulty vaccines. The news angered the public, rattling confidence in the government and amplifying frustration with the health care system.

While the wealthy have access to the best care in top hospitals with foreign doctors, most people are relegated to overcrowded hospitals. In the countryside, people must rely on village clinics, or travel hundreds of miles to find the closest facility.

The country does not have a functioning primary care system, the first line of defense for illness and injury. China has one general practitioner for every 6,666 people, compared with the international standard of one for every 1,500 to 2,000 people, according to the World Health Organization.

Instead of going to a doctor’s office or a community clinic, people rush to the hospitals to see specialists, even for fevers and headaches. This winter, flu-stricken patients camped out overnight with blankets in the corridors of several Beijing hospitals, according to state media.

Hospitals are understaffed and overwhelmed. Specialists are overworked, seeing as many as 200 patients a day.
....

https://www.nytimes.com/2018/09/30/business...-picks-business
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Sounds like it's gonna be lucrative for Doctors to move there. lol
touristking
post Nov 10 2018, 11:46 PM

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QUOTE(Hetna Ligiv @ Nov 10 2018, 03:58 PM)
Sounds like it's gonna be lucrative for Doctors to move there. lol
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And get stabbed. High risk profession. If the patient did not get well, then you better be careful.

https://www.washingtonpost.com/news/worldvi...m=.2c04d74fed8f
System Error Message
post Nov 11 2018, 12:07 AM

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QUOTE(Hisham8686 @ Nov 9 2018, 09:59 PM)
Have you been living under the rock for the past decade?
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Its been the same for decades, US and china has always been against each other since after ww2 when communism took over, same story going on over and over again with how they fight
QUOTE(HELLO HELLO @ Nov 9 2018, 10:07 PM)
there is one biggest issue, if USA stop the Chips selling to China company.

WHO can USA sell to to cover all their R&D and production cost??? No sell mean No profit----> also no money to continue run their chip corporation. how to pay the USA workers?

ini macam more like suicide move for USA. any this gave China early alert to make their own Chip. they are actually starting to work on it....
China Gov start to pump in huge fund to support this Chip industries in China now.

too bad for USA very soon

Any other countries now except China can consume this huge amount of Chips after USA stop selling to China company?
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Yeah US will go down, they've outsourced too much to china and also owe china money too. Either country winning would be bad for everyone though, but the US can wipe its debt and problems with china with its military, its been pushing for china to open fire on them while their ships stay in international borders (china's expansion is not recognised).

US sells to so many, they are however the largest consumer in the world but they sell various things to so many. If not china there are many many countries that trade with the US, also you have to remember that only the business in US will suffer if china goes down so it may not be something they would care about and suffer through it. The US can continue to print more money as they're debt situation is not real as they make it out to be, more to do with that who they owe the money to allows them to do things any way they like, so when they have huge debts and inflation, it is done so in fakery when infact they only owe money to themselves (in some very complicated fashion), with wealth being how you want to define it. One should wonder how the US still exists despite its huge debt, and its because they owe money to themselves (its a private group that isnt part of the government or country so they can get away with it).
Taikor.Taikun
post Yesterday, 09:56 PM

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QUOTE(Hisham8686 @ Nov 8 2018, 01:18 AM)
China has already shifted its economic model from investment driven to consumption driven. One of biggest factor of the ever increasing trade deficit between USA and China is due to the appreciation of CNY$, vs U$D between 2008-2018, when USA accused China of undervaluing the CNY, China relented and loosened their grip on the currency, allowing CNY to appreciate, but the fact remains that China is the best place to produce mid tech stuff as it has a comparative advantage against any other countries on earth to produce at the highest quality at the lowest cost (only limited to mid tech products like smart phones). Due to the appreciation in CNY, USA has to pay more for those cheap goods that USA is unable to produce at those rock bottom cost at the price that Americans could afford. Trump being Trump has to find a scapegoat for the malaise that plagues USA. China is the perfect candidates for that. Trump lives in the age of Pax Americana, the fading of this dicta is nothing short of a tectonics shifts for a president that has to live with the advent of Pax China in the 21 century.
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Great summary

QUOTE
Malaysia will never be a choice destination for investment of any type especially manufacturing except for Islamic Finance and Halal food product. Whilst we may be one of the biggest photovoltaic cells producer in the world currently, this advantage will disappear once the cluster of supply chain starts taking root in Vietnam, not only are Vietnamese more disciplined than us, they are also better trained and better educated than Malaysians too, just look at their PISA score, and with wages at a franction of Malaysian wage. Without petrol dollars, our country would have been a Banana Republic. I weep for the future of this country  cry.gif when the dinosaur juice runs out, there’s only that many Halal biscuits and processed food you can export as 90% of the Muslim countries are too poor to afford our products.


Vietnam’s economy has been fantastic for a long time. This current shift is going to push them further up n grow even faster. Worked w Vietnamese colleagues n they were highly efficient n learned as our Server Operation division is shifted there from Singapore. Again, Msia was overlooked.

China should not put all its eggs in one basket n bank heavily on Vietnam. Msia can offer itself as the second choice. And we have to act fast

This post has been edited by Taikor.Taikun: Yesterday, 10:31 PM
Taikor.Taikun
post Yesterday, 10:18 PM

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QUOTE(HELLO HELLO @ Nov 8 2018, 02:59 PM)
India country still facing a lot basic challenges, now the whole western world always keep pray pray and push the india come up and hope to challenge China. But now india still can’t keep their currency steady. Anyway still got chansi to come up with manyak india population.
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India export many of the same materials, commodity n goods to China as America does. Albeit in a smaller volume.

With the retaliatory tariffs on American imports, India stand a chance to increase its trade volume w China, capturing America’s market share, thus lowering the bilatera trade gap. Hence, i think this political n economic shift will bring China n India closer together than rivalry. It is also going to help vitalise t region, pacing t way for China economic shift n helps China chart its own destiny westward.

Trump camp must have miscalculated that
Taikor.Taikun
post Yesterday, 10:24 PM

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QUOTE(touristking @ Nov 8 2018, 04:19 PM)
Nobody have a right to demand fair trade. Trade are like war, you don't and can't expect the other party to play fair.

Plenty of proof in history, including West's activities.
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There IS a fair trade movement w organisation championing t cause

https://wfto.com/fair-trade/definition-fair-trade
mgen
post Yesterday, 10:25 PM

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We should quickly assemble a China investment scheme to attract its manufacturing investments. This will revive our natural resources, increase local employment, upgrade support services, improve our finances, enlarge our surplus, reduce our debts, and so strengthen our ringgit. We can't depend on agriculture or mining, and we have nothing else to counterbalance the effect of downgraded international reputation.

If the US hits again with new tariffs on sections of the global supply chain, our following sectors can benefit but only if we move now:

printer, copier, fax parts
computer machines and storage devices
electronic boards
non-surgical rubber products
static converters
vacuum cleaners
wooden furniture

Profile-wise in Asean countries, we have the closest match to absorb China investments. The English-Mandarin language dual-literacy will help in trade transactions inasmuch the support from our open-market international-level banking and our ready multi-modal infrastructure.

For progress of Malaysia, Mahathir and Azmin should move pronto.
Taikor.Taikun
post Yesterday, 10:28 PM

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QUOTE(touristking @ Nov 8 2018, 04:30 PM)
Singapore. GST allows Singapore to reduce corporate tax to 17%. This is rationalization of taxes

Without GST (one of the main reason), Malaysia's corporate tax will remain at 24%. Which country would you want to go to?
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The decision was made when Msia had GST.

The stated reasons were some materials were not allowed into Msia n poor Intellectual Property Protection
touristking
post Yesterday, 11:34 PM

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QUOTE(Taikor.Taikun @ Nov 15 2018, 03:24 PM)
There IS a fair trade movement w organisation championing t cause

https://wfto.com/fair-trade/definition-fair-trade
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The fact that there is such an organization proves trade are not fair and can't expect to be fair.

It's the same as saying, in war, there will always be killing.

Both are facts, like it or not.

touristking
post Yesterday, 11:36 PM

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QUOTE(Taikor.Taikun @ Nov 15 2018, 03:28 PM)
The decision was made when Msia had GST.

The stated reasons were some materials were not allowed into Msia n poor Intellectual Property Protection
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IP is a Western excuse.

If you look at past history, worst things have happened.

For example. The British steal tea and plant in India. And use Opium to pay for the tea from China. The USA have supplied weapon to ISIS through Saudi and people get killed. All in the name of self-interest

That's the sad reality.


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