"Verbal attacks on China before presidential elections, as seen in recent years, are leading the public to thinking that China should be regarded as an opponent or even an enemy. If this thinking becomes mainstream in the U.S., we cannot rule out the possibility that China might be forced to become an enemy of the U.S." - Global Times, an English-language offshoot of the People's Daily.
Let's see if the replies on here are on par with the thought-provoking replies on Facebook. Or will this merely turn into "You're a commie" "if you don't like it here, move to China!"
China is an interesting problem. Sort of like the old conundrum of holding a wolf by the ears - you don't want to hold on but it's too dangerous to let go. I think we need to work a lot on our trade relationship with China. Until they get their currency in line with the rest of the world's financial centers there will always be a bit of a problem there. Don't know what the answer may be (if there even is one answer), but it seems to me that we need to get more manufacturing back in this country.
Yes it is! We have a friend who's wife is Taiwanese. They own a condo on the mainland and travel there often. Their basic take on the government is that the people for the most part ignore the government and go about their business. Now, I don't know that I completely buy that. But it seems that at least in the business/commerce centers that that may be the case. Makes me think that the government doesn't want to mess too much with their capitalist skeleton in the closet, and I wonder how long that will go on until one or the other wins out.
Hope you're wrong! I'm betting on civil war within China first. Too much disparity between the big cities and the countryside. But then who knows...we may be headed that direction ourselves, unfortunately.
They copy and illegally sell and produce an endless amount of other products ranging from Callway Clubs to Cartier wallets, and the DVD pirating is beyond belief - the revenue stolen from Hollywood via pirated DVD's is staggering (60 minutes did a segment on this a few years ago)......
And their military systems are knock-offs of what they've stolen from the U.S. (soon to come - the Chinese Steath Apache- courtesy of another of our "allies"; Pakistan)...........
WayneLeeH wrote: It's interesting that we have a communist ally in this day and age.
Instead of oil, China has billions of potential U.S. business consumers.
China is still communist? I am sure Marx and Lenin would disagree with you.
China & the US are interesting frenemies, they need our consumers and we need their savers buying up our debt. Who will fund 2011 and 2012 since taxes are paying less than one third of revenue?
It would seem that both sides would want to keep things cordial, but in 1938, Germany's biggest trading partner was the UK. And we know how that ended.
It does seem that China is starting to feel their oats as their economy expands, bypassing Japan and contesting with the US for #1. If China does develop their own consumers, we could see them moving away from the US and get more belligerent, especially about locking down raw materials in their sphere of influence, (offshore oil).
Thomas Sowell: There are no solutions, just trade-offs.
WayneLeeH wrote: It's interesting that we have a communist ally in this day and age.
Instead of oil, China has billions of potential U.S. business consumers.
China is still communist? I am sure Marx and Lenin would disagree with you.
According to CIA World Factbook, China's government is still considered a Communist State. However the source does note some economic changes since the 1970s. A country's economic policy is only one part of it's government, so just because economic policies are changing doesn't necessarily mean the system of government has changed.
The Communist Party of China (CPC), also known as the Chinese Communist Party (CCP), is the founding and ruling political party of the People's Republic of China. It has been since 1949.
WayneLeeH wrote: It's interesting that we have a communist ally in this day and age.
Instead of oil, China has billions of potential U.S. business consumers.
China is still communist? I am sure Marx and Lenin would disagree with you.
China & the US are interesting frenemies, they need our consumers and we need their savers buying up our debt. Who will fund 2011 and 2012 since taxes are paying less than one third of revenue?
It would seem that both sides would want to keep things cordial, but in 1938, Germany's biggest trading partner was the UK. And we know how that ended.
It does seem that China is starting to feel their oats as their economy expands, bypassing Japan and contesting with the US for #1. If China does develop their own consumers, we could see them moving away from the US and get more belligerent, especially about locking down raw materials in their sphere of influence, (offshore oil).
Rare earth metals are what China has a lock on, that is until it was discovered that Afghanistan holds large reserves of them.