China-US: Who has performed better

[luisHK]

there is not big trouble in china. the usa etfs are a very poor exanple on purpose of what the chinese mkts are doing! u cannot beat 1 billion people.. anyway chinas stock mkts are double ours for ytd return. you cannot use an etf that cherry picks an index. here are the real china versus usa stock mkt stats
dow 11% ytd. china 100 to 500 all above 20%.

Duh... what happened last year to Chinese stocks? This year they ve bounced from a severe spanking in 2018

 

[GRULSTMRNN]

The perpetual America bull without really understanding what he is talking about. For example, most shifts in supply chains from China to Vietnam are in name only. The real beneficial owners are the same Chinese they were before. And your statement

"It is an essential truth that if you run a $600 B annual trade surplus with one nation - at the end of it all there can be only one winner and it isn't the nation with the surplus" is total bullshit. Just because you say so? There is zero factual backup and not even a reasonable logical line of argumentation to start with to support such a dumb statement. But please go on. You are one of those amusing Americans who will probably still wave the stars and stripes when he gets raped in the arse by a redneck.

Don't conflate US stock market volatility with a unilateral opinion that China is winning.

China has PLENTY of major problems. The EU filed a huge Intellectual Property Case against them in 2018 with the WTO. The US Treasury has filed a currency manipulation case against them with the IMF.

It is an essential truth that if you run a $600 B annual trade surplus with one nation - at the end of it all there can be only one winner and it isn't the nation with the surplus. Things seem crazy in the US stock market at the moment but there is no doubt that the Chinese manufacturers aren't pleased either. My guess is that US farmers and Chinese manufacturers privately are both quite anxious.

It is a known fact that the US government is privately steering US Companies to alternative low labor cost manufacturing outside of China. Silicon Valley has stopped taking Chinese Venture Capital 'cold turkey' - WSJ has had several excellent pieces about it. Vietnam, Mexico, India, Korea, and Indonesia are quite aggressively undermining Chinese reliability with their Western export customers. Google "Vietnam GDP Manufacturing". The Vietnamese government has very coyly opened up a special government office in 2018 to oversee foreign intellectual and property rights.

And strong civil unrest in Hong Kong is setting up Beijing for a confrontation that could conceivably lead to Tienanmen Part Deux which would destroy China's economy and shred their international standing. I'm not saying that it's probable, but it is a very tenuous situation. The fact that the Chinese Communist Party released a statement yesterday that their "patience was reaching a limit" was heavy and militaristic. It only inflamed the Hong Kong citizens and reinforced their beliefs about the CCP.

 

[Sig]

You are one of those amusing Americans who will probably still wave the stars and stripes when he gets raped in the arse by a redneck.

That's "ass" here in 'Murica!

 

[Stockolio]

Duh... what happened last year to Chinese stocks? This year they ve bounced from a severe spanking in 2018

 

[themickey]

The Chinese plunder the environment, the polution in their own back yard is astronomical.
Imo their wealth will be short lived.
They live for today, Western countries live for tomorrow.
One day will see them like South America and South Africa, streaming out of the shithole.
Hong Kong looks like it may be having this type of beginning.
My 2c opinion.

 

[Overnight]

...
My 2c opinion.

The expression used to be "a penny for your thoughts."

Inflation does that to a currency.

ROFL

 

[Alexpung]

And that is the perpetual problem of American culture, that stock market price levels are used as yardstick for prosperity and wellbeing and happiness of a society. Have you checked lately who benefits from capital investments? Yes, the top 1% in America. Have you checked where America stands in regards to literacy rates? Math scores of students and for that matter any aptitude test of your choosing? General health care coverage of the middle class and cost associated with that? Life expectancies? Social cohesion amd peace among its citizens? Violence? In almost all those metrics America scores close to the bottom among industrialized nations and one might argue even below China re most above mentioned metrics. Yet clowns like you can't find anything better to do than comparing index levels and you extrapolate all sorts of retarded conclusions from where your damn CSI or SPX stands. Some things in America are just so unspeakably retarded that one can only scratch his head, smirk in a bewildered way, and let the dummies believe what they want to believe in. It's called lemmings. And lemmings should just be left to their own devices.

I suppose this is elite trader, not elite socialist, it is not even me who is jerking off index levels in the first place.

And gtfo of with your insults and presumption, I am not even an American.

 

[ironchef]

The Chinese plunder the environment, the polution in their own back yard is astronomical.
Imo their wealth will be short lived.
They live for today, Western countries live for tomorrow.
One day will see them like South America and South Africa, streaming out of the shithole.
Hong Kong looks like it may be having this type of beginning.
My 2c opinion.

Just a gentle reminder: They have been around for 5000 years, the US? 300 year. Australia?.

 

[Stockolio]

The Chinese plunder the environment, the polution in their own back yard is astronomical.
Imo their wealth will be short lived.
They live for today, Western countries live for tomorrow.
One day will see them like South America and South Africa, streaming out of the shithole.
Hong Kong looks like it may be having this type of beginning.
My 2c opinion.

Shithole is a little too strong... Their economy will definitely take a back seat and poverty will be extreme. china will improve once the communists are ousted, but until then it's a one way downtrend with a masssssssive financial collapse that will rock the world Lehman x3, no shit I truly believe china has around 70-75 % of the world's debt. china's total debt eclipses US total debt, and the Yankees are knee deep in debt

But yes your right, chinese in general are addicted to gambling and shining, live for the day worry about debt tomorrow... Even Canadians of chinese heritage seem that way, it's pretty universal. Hong Kong is gonna be deflation central, they will study it in Uni econ... People aren't quite aware of how deep it's going to get, haha

 

[GRULSTMRNN]

I never made the assumption you are. Yet you made idiotic assumptions and I called you out on them. Like that a website called ET must only provide content that gently massages your snowflake dick, which gets inflicted with all sorts of sores when it hears of anything other than unchecked capitalist arguments.

I suppose this is elite trader, not elite socialist, it is not even me who is jerking off index levels in the first place.

And gtfo of with your insults and presumption, I am not even an American.