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China furious over Trump support of Hong Kong

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    #11
    Remember US has conducted carrier operations all around the world for almost 70 yrs. Not even Russia could do that and chinas military cant go past its own coastline.

    Paper tiger....

    When they start conducting operations on the other side of the globe, holding shipping lanes open, guaranteeing transit of oil out of the gulf, then I will start worrying. They are 25 yrs aways from that.

    Trump is decoupling those economies and developing domestic oil with Canada as the back up. He will use cheap Mexican labour to start making things closer to home again. When china has to start dealing in the ME to get their energy without US protection then we will see if they are up to the task or not.
    Last edited by jazz; Nov 28, 2019, 10:44.

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      #12
      Interesting. Appears chinas biggest advantage has been a plentiful labour pool. When it ages out and shrinks that advantage is gone. No wonder there is a push to automate and shift to higher end goods. Dollar store type goods you see are now made in other nations like Cambodia. So rather than innovate and and develop their own techniques they steal from everyone else. I am a firm believer that a society must develop organically so everyone can experience it. It’s like the analogy of a Stone Age culture brought into the modern age within even a generation. The higher echelons of the power structure will adapt but the less advantaged don’t. China is that way. No wonder see the 2 chinas; the modern industrial powerhouse, and the poor agrarian one. The question is how long the regime can keep their finger on potential unrest of the poor majority. Hong Kong is a tiny window. Maybe it’s the Serbia. Who’s the Arch Duke?

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        #13
        Originally posted by furrowtickler View Post
        china investing all over the world.

        There is good reason to worry.

        Not too big a worry. China still has to pay its bribes in $USD. China is a super power when they can pay bribes is yuan.

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          #14
          Originally posted by ajl View Post
          Not too big a worry. China still has to pay its bribes in $USD. China is a super power when they can pay bribes is yuan.
          Yup true , was just pointing out what was in the video, their influence is spreading in many areas of the world .

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