China’s Financial Warning Signs Are Flashing Almost Everywhere

dozu888 said:
Heck if there are enough interest here I may be motivated enough to lead a ET tour group there for a couple of weeks so we can shoot breeze about trading and politics along the way.
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Might be an issue here, since probably majority of the members here don't even have a passport. :D
 
copa8 said:
Might be an issue here, since probably majority of the members here don't even have a passport. :D
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40% of Americans have passports... majority probably have them for Canada, Mexico, central America and perhaps some for Europe... I am guessing those who have traveled to China maybe around 2%....

yet there are so many arm chair experts commenting on the trade war every time there is a turn in the negotiation.
 
Dont forget that China is currently building a huge railway popularly called “silk way” to connect East with EU. I dont think that they are still ready to give up on their manufacturing supremacy
 
Ilgan said:
Dont forget that China is currently building a huge railway popularly called “silk way” to connect East with EU. I dont think that they are still ready to give up on their manufacturing supremacy
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I didn't hear of this. That would be a massive undertaking. Links?
 
dozu888 said:
it's the 'road' in the One Belt One Road, basically recreating the silk road trade route... not necessarily a rail road though.
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This was my understanding. Imagine if they had their bullet trains crossing the continent. I think Trump would have to concede no deal...
 
nooby_mcnoob said:
This was my understanding. Imagine if they had their bullet trains crossing the continent. I think Trump would have to concede no deal...
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bullet train is not economically feasible at this point, or perhaps forever...

it's a miracle they build the biggest high speed rail network in only 10 years with miles surpassing the rest of the world combined... but only a few lines long the busiest corridors are profitable... the entire network is still a big money loser... of course this is discounting the social/economical benefits to the country as a whole, which is difficult to measure...

and having a line thru thousands of miles of desert with towns few and far between is guaranteed to be a loser.
 
POLITICS
Trump’s tricky decision: Hit Chinese goods with new tariffs or hold off?
PUBLISHED FRI, DEC 6 20197:07 AM ESTUPDATED AN HOUR AGO

Kayla Tausche@KAYLATAUSCHE




KEY POINTS
  • In less than two weeks, Trump must decide whether to slap tariffs on $156 billion in consumer goods made in China or move the goal post yet again in lieu of the comprehensive trade deal.
  • During the Oval Office announcement of the latest truce, Treasury Secretary Mnuchin assured the public there would be more than enough time to finish the deal and permanently avert further tariffs.
  • That was two months ago.



https://www.cnbc.com/2019/12/06/tru...lus-on-december-tariffs-on-chinese-goods.html
 
themickey said:
I see China as an old talented employee who is reasonably good at their job but is rather difficult to work with.
Anyhow this employee leaves the company and the company loses his/her skills temporarily but it's not the worst that can happen.
A new employee fills the role, new methods are implemented, fresh ideas arrive.
No one is indispensible, the old employee is soon forgotten.
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I hope your analogy holds. Because I don't think entire country economies work the same way.

Remember Cyprus? If a small country can shock the markets what happens when a major player has trouble? We shall see.
 
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