China's over capacity : Major problem for the world
#1

Years of industrial policy that is lopsided and singularly focused on manufacturing has resulted in over capacity in China. State subsidies,  low worker wages, low internal consumption means China produces in excess and makes use of demand in other countries to sustain its model.

Such unbalanced policies is driving the entire world towards a new  economic mercantalism that seeks not prosperity but a defense against decimation and eventual destruction  of society. Protectionism not out of choice but out of defense.

Trump has a large audience for his protectionist policies.not because of baseless fear of China but borned from job losses in the mid West that destroyed families and communities. USA being a long term "trade deficit" country can fight a trade war and win easily. Not just USA but the EU and more recently Indonesia have implemented tariffs.

China has been on the wrong path for decades with Xi doubling down and worsening the situation by increasing subsidies to the manufacturing sector and neglecting consumption and better wages.  Industrial dominance is celebrated with nationalistic pride but it actually locks China in a trap with high dependence on manufacturing and large proportion of its populace whose only opportunities are low income factory jobs. 

With a property crisis affecting 30% of its economy still unfolding China becomes more desperately dependent on exports. The push back has become.atronger and stronger in recent months as China is seen as trying to "export its way out of its problems". Poor geo political relations with the West makes it impossible.to.accept this.

https://www.livemint.com/opinion/online-...58650.html

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#2

  
Propaganda and fake news from western media.   


Rotfl Rotfl Rotfl Laughing Laughing Laughing  
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#3

(01-08-2024, 05:32 AM)sgbuffett Wrote:  Years of industrial policy that is lopsided and singularly focused on manufacturing has resulted in over capacity in China. State subsidies,  low worker wages, low internal consumption means China produces in excess and makes use of demand in other countries to sustain its model.

Such unbalanced policies is driving the entire world towards a new  economic mercantalism that seeks not prosperity but a defense against decimation and eventual destruction  of society. Protectionism not out of choice but out of defense.

Trump has a large audience for his protectionist policies.not because of baseless fear of China but borned from job losses in the mid West that destroyed families and communities. USA being a long term "trade deficit" country can fight a trade war and win easily. Not just USA but the EU and more recently Indonesia have implemented tariffs.

China has been on the wrong path for decades with Xi doubling down and worsening the situation by increasing subsidies to the manufacturing sector and neglecting consumption and better wages.  Industrial dominance is celebrated with nationalistic pride but it actually locks China in a trap with high dependence on manufacturing and large proportion of its populace whose only opportunities are low income factory jobs. 

With a property crisis affecting 30% of its economy still unfolding China becomes more desperately dependent on exports. The push back has become.atronger and stronger in recent months as China is seen as trying to "export its way out of its problems". Poor geo political relations with the West makes it impossible.to.accept this.

https://www.livemint.com/opinion/online-...58650.html
                 
Your ancestor must be very ashamed to have such an anti-ancestor fake white.   

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#4

(01-08-2024, 06:44 AM)webinarian Wrote:                   
Your ancestor must be very ashamed to have such an anti-ancestor fake white.   

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My ancestors are not communists who don't know how to solve economic problems and cause the people to suffer.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#5

Many companies have stopped using US chips worrying kena ban by US. They have switched to China chips… This is called overcapacity?

Ah butt does not find out what actually happening on the ground, blindly believe pro western media.

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#6

Hah!!!

The US and Europe WISHES they had over-capacity! As of now, US have near zero capacity! They can't even produce enough ammunition for Ukraine!
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#7

[Image: Screenshot-20230727-115525-Chrome.jpg]

Ahbutt pukimak just taken free breakfast
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#8

real just many years late news
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#9

(01-08-2024, 07:06 AM)sgbuffett Wrote:  My ancestors are not communists who don't know how to solve economic problems and cause the people to suffer.

An unemployed bum like you knows how to solve economic problems?   Laughing
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#10

A load of craps by this short sighted idiot. The Americans even attempted to ban TikTok, a social media platform, using National Security when they cannot use flooding their markets as excuse. Even cranes can cause risk to their National Security. Telco like Huawei banned to prevent 5G into their market.  Rolleyes

 Thinking is difficult, that's why most people judge
                    Carl Jung
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#11

(01-08-2024, 09:17 AM)Huliwang Wrote:  A load of craps by this short sighted idiot. The Americans even attempted to ban TikTok, a social media platform, using National Security when they cannot use flooding their markets as excuse. Even cranes can cause risk to their National Security. Telco like Huawei banned to prevent 5G into their market.  Rolleyes

Chinese-grown garlic and Chinese -made golf carts also. That's how paranoid and ridiculous the Americans have become. If you asked me, it's projection. The Americans have been guilty of espionage for years, even tapping Angela Merkel's private phone calls. So they imagine that their biggest geopolitical competitor now has to do it too...
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#12

This over-capacity assertion is most ridiculous allegations....if products are good and economical and profitable, of course up the production lah.....If want to protect own brands like Ford, GM, VW, etc then just say so. Stupid to invent "over-production" labelling...These western display double standard hypocrisy at very many turns siah..........
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#13

It is absurd. Can TS point us to any developed country that does not start off with manufacturing? And now that these developed countries have transited to services they turned around and accuse China of focusing on manufacturing??!!

It is not even true that China is only focused on manufacturing. Everyone can see that they're moving on to so many other sectors. The western countries now find that they can't compete and find all kinds of reasons to stop China's growth, and TS is buying into their narratives.

Ignore List: Oyk
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#14

Truth is, they are ok with outsourcing to China manufacturing low value low tech goods like iPhone, laptops, shoes, clothes etc stuff the Americans sell in Wal-Mart and Amazon to keep their inflation-hit population happy.

They are not happy when the Chinese moved into high tech and high value like EV, AI, aerospace engineering, drones, etc because then the Chinese have become the Americans' direct competitors.
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#15

(01-08-2024, 07:06 AM)sgbuffett Wrote:  My ancestors are not communists who don't know how to solve economic problems and cause the people to suffer.
 .   

How do you know your ancestors in China not communist?  

Another shameless fake statement.

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#16

What's wrong with communist when it brings good lives to the people?  

Did Chiang Kai shek bring good lives and prosperity? 

Fvking shameless fake whites and white kock svker. 

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#17

TS is referring to over producing tt caused trade frictions and other problems.  Not countries can or cannot have manufacturing facilities.  One cannot always take the cake and eat,  causing trade tensions.

No face Liao. Talk so much about de-dollarisation,  yet issue USD bond to boost global dollar demand
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#18

[Image: AP19272388022052.jpg?ve=1&tl=1]
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#19

(01-08-2024, 12:36 PM)webinarian Wrote:  What's wrong with communist when it brings good lives to the people?  

Did Chiang Kai shek bring good lives and prosperity? 

Fvking shameless fake whites and white kock svker. 

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All amdk arse lickers stooge’s enjoy it hor LMAO 
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#20

China ppl work hard that's why got "over capacity" mah. You everyday stay home play games watch tv yeo lampar ofc zero capacity loh.
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#21

          
CCP brings China to be world no. 2 and to be no. 1 in the near future.  

Their people are world travellers and welcome all over the world. 


The sent people to the outer space and bring them back. 

America bring 2 to the outer space and left them there to die by themselves. 

Rotfl 
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#22

(01-08-2024, 05:32 AM)sgbuffett Wrote:  Years of industrial policy that is lopsided and singularly focused on manufacturing has resulted in over capacity in China. State subsidies,  low worker wages, low internal consumption means China produces in excess and makes use of demand in other countries to sustain its model.
...

https://www.livemint.com/opinion/online-...58650.html
       
If overcapacity, they would lose money in their business. What has it to do with you?  

Don't know don't pretend to talk like economist. 

Shameless.

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#23

(01-08-2024, 06:44 AM)webinarian Wrote:                   
Your ancestor must be very ashamed to have such an anti-ancestor fake white.   

.

Your China ancestors must be ASHAMED that you still haven't migrate back to China to stay in their villages.
How dare you THROW your ancestors face and still not migrate back to GLORIOUS 祖国 to stay permanently!!??
Stop throwing your China ancestors faces!!!!!!!!!
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#24

Sibeh TRIGGERED hor reply in red Jerkoffho the super ultimate amdk arse lickers stooge’s singing and dancing pcc liao lah LMAO go chak yoke hor LMAO
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#25

(01-08-2024, 12:44 PM)revealer Wrote:  TS is referring to over producing tt caused trade frictions and other problems.  Not countries can or cannot have manufacturing facilities.  One cannot always take the cake and eat,  causing trade tensions.

Nonsense. He said that China is only focused on manufacturing, which is in fact wrong. China is not just focused on manufacturing but on a whole lot of other things. 

And what is meant by overproduction? If it's really a case of overproduction then things will ultimately straighten themselves out in due course. Who's he to worry about it when he is one of the beneficiaries.

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#26

(02-08-2024, 04:21 PM)Blasterlord2 Wrote:  Nonsense. He said that China is only focused on manufacturing, which is in fact wrong. China is not just focused on manufacturing but on a whole lot of other things. 

And what is meant by overproduction? If it's really a case of overproduction then things will ultimately straighten themselves out in due course. Who's he to worry about it when he is one of the beneficiaries.

China exports mainly manufactured goods. What else? Manpower? Services?

[Image: IMG-6015.png]

No face Liao. Talk so much about de-dollarisation,  yet issue USD bond to boost global dollar demand
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#27

(02-08-2024, 05:33 PM)revealer Wrote:  China exports mainly manufactured goods. What else?  Manpower?  Services?

[Image: IMG-6015.png]

Plenty of other things. They could contribute in areas of tech, where they help other countries level up. For example, there's an agreement (or work) between Spore and China on driverless taxis just very recently, and also when they build trains and power plants for other countries. 

The number of submitted tech papers in journals and patents, and participation in standards, such as 5G and 6G, from China is also amazingly high.  

There are so many things and all you found is the list above???!!

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#28

(02-08-2024, 05:52 PM)Blasterlord2 Wrote:  Plenty of other things. They could contribute in areas of tech, where they help other countries level up. For example, there's an agreement (or work) between Spore and China on driverless taxis just very recently, and also when they build trains and power plants for other countries. 

The number of submitted tech papers in journals and patents, and participation in standards, such as 5G and 6G, from China is also amazingly high.  

There are so many things and all you found is the list above???!!

Those r still with end products of manufactured goods.  Like 5G communication equipment. The after service maintenace and repairs  might not b done by them. BTW,  most countries offers either manufacturing or Services like Finance services.  May b when one provide electricity to other countries,  they r offering electricity services etc

No face Liao. Talk so much about de-dollarisation,  yet issue USD bond to boost global dollar demand
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#29

(02-08-2024, 06:14 PM)revealer Wrote:  Those r still with end products of manufactured goods.  Like 5G communication equipment. The after service maintenace and repairs  might not b done by them

Everything in this world is based on consumer products. Even if talking about service-based industries, the end consuming product is still related to manufacturing. Without manufacturing as the base there is nothing.

And didn't you read that I wrote about intellectual contributions like technical papers and patents. Or even more exotic ones like space exploration and quantum computing. Or you're saying that those are also manufacturing because the end product is manufactured goods? I'd being laughing to death if you said that.

Anyway, China is already tapping on HK to focus on services. Or you're saying that HK is not part of China?

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#30

He meant if TRUMP Win again. ROLLER COASTER.


https://www.cnbc.com/2024/10/25/malaysia...tatus.html
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