Is China fighting an undeclared economic war against America?

[techs]

Competition is one thing. But China's policies seem to a coordinated effort to destroy the American economy, and especially the America worker.

 

[JSt0rm]

I tend to agree with this, actually.

 

[bfdd]

We could combat it, but people don't give a fuck. So whatever.

 

[TheBDB]

Do they actually want to destroy the American economy, or are they just willing to boost their own economy at the expense of others?

 

[sactoking]

China's top-3 rivals are who, the US, Russia/USSR, and Japan? By destabilizing the US China would position itself to be the world's #1 economic superpower (dethroning the US) and prove that Communism beat Capitalism (which would be a big insult to Russia/USSR). Would it make sense for China to "[fight] an undeclared economic war" against America? Definitely.

 

[techs]

Do they actually want to destroy the American economy, or are they just willing to boost their own economy at the expense of others?

Well, that's the point of the poll.
What do you think?

 

[Schadenfroh]

Going to go with they are helping line their pockets at the expense of other economies. Probably not in their best interest to destroy their biggest customer, yet.

 

[bfdd]

China's top-3 rivals are who, the US, Russia/USSR, and Japan? By destabilizing the US China would position itself to be the world's #1 economic superpower (dethroning the US) and prove that Communism beat Capitalism (which would be a big insult to Russia/USSR). Would it make sense for China to "[fight] an undeclared economic war" against America? Definitely.

The only people who consider China Communist are the old assholes still running the place. Once they die off you'll see the term communism start to go with them.

 

[woolfe9999]

Do they actually want to destroy the American economy, or are they just willing to boost their own economy at the expense of others?

I believe it is the latter. They want to boost their economy and it doesn't matter at whose expense it comes. The days of our ideological war with them are over. They just want to get richer now.

As for the poll, I think it's rather pathetic that option 3 has the parentheticaly (I am an idiot). Nice way to construct a poll to discourage a particular answer. Supporting free trade (which means acknowledging the value of lower prices) is actually quite a common view and I don't think it should be treated as a throwaway option in a poll. It only shows the pollster's personal bias. For the record, my answer to the poll would have been option 2, if I had registered my vote.

- wolf

 

[Fenixgoon]

i took a motorcycle safety class today, and found out that the practice bikes for the instructors were chinese made. i was kinda pissed at that (yes i know there are no small ~200cc american bikes, but you could easily get a ~250 honda/suzuki/kawi)

 

[Siddhartha]

China is doing what Japan, Taiwan, Korea, etc have done. Be the low cost producer, run an export economy, and maintain a high domestic currency\dollar ratio.

I remember hearing people say the same things about Japan 20 years ago that are now being said about China now.

 

[bamacre]

Do they actually want to destroy the American economy, or are they just willing to boost their own economy at the expense of others?

This is correct. Except for one thing. You need to add the word "mistakes" to the very end.

The responses here are quite silly. We have a horrible economy not because of anything China did, but because of what we have done. Have they capitalized on some of our mistakes? Sure. They've made plenty of their own, too. But they're at least running in the right direction, which is more than I can say for us.

 

[bfdd]

I believe it is the latter. They want to boost their economy and it doesn't matter at whose expense it comes. The days of our ideological war with them are over. They just want to get richer now.

As for the poll, I think it's rather pathetic that option 3 has the parentheticaly (I am an idiot). Nice way to construct a poll to discourage a particular answer. Supporting free trade (which means acknowledging the value of lower prices) is actually quite a common view and I don't think it should be treated as a throwaway option in a poll. It only shows the pollster's personal bias. For the record, my answer to the poll would have been option 2, if I had registered my vote.

- wolf

:thumbsup:

 

[soccerballtux]

Competition is one thing. But China's policies seem to a coordinated effort to destroy the American economy, and especially the America worker.

Can you be more specific?

They're one of the biggest purchasers of US debt. All the dollars they get from our purchases of Chinafactured goods get pumped back into our economy.

They're doing that because they want us to keep consuming, so they can continue running a trade surplus, so they can continue growing their economy. They truly don't understand that their super-cheap prices are putting a lot of our uneducated out of work, and there aren't enough education-requiring jobs to go around.
edit: I sorta take that back, they may understand it, but their guiding motivation is just about protecting their political power. Hard to keep your government stable when the workforce is constantly rioting.

I hope this clears up some confusion. I'm a pretty conservative fella but I read about this stuff for fun and I'm almost certain it's not malicious, from their end. They're simply trying to keep fires from starting from unemployed workers.

A very enlightening source that I always recommend is Michael Pettis' blog at http://mpettis.com. His logic is flawless.

 

[soccerballtux]

i took a motorcycle safety class today, and found out that the practice bikes for the instructors were chinese made. i was kinda pissed at that (yes i know there are no small ~200cc american bikes, but you could easily get a ~250 honda/suzuki/kawi)

Do your part with me and try to shop at non-corporately owned businesses. Locally owned.
IE, avoid Walmart. The objective is to maintain our middle class, and Walmart is not helping with that.

It's really frustrating actually, it's hard to find non-corporately owned sources for goods now. Let alone ones that carry goods made in the USA. I actually found some hair clippers that were made in the USA at Walmart the other day so I bought those instead of the cheaper brand.

note: I don't condone buying crapsauce goods from companies like GM. Use your own discretion-- is there a viable American alternative to the good you're about to buy? Then try to find and buy it. If there isn't (IE, an American made car that will drive to 350k miles and then some), then just buy the Honda.

 

[Fenixgoon]

Do your part with me and try to shop at non-corporately owned businesses. Locally owned.
IE, avoid Walmart. The objective is to maintain our middle class, and Walmart is not helping with that.

It's really frustrating actually, it's hard to find non-corporately owned sources for goods now. Let alone ones that carry goods made in the USA. I actually found some hair clippers that were made in the USA at Walmart the other day so I bought those instead of the cheaper brand.

note: I don't condone buying crapsauce goods from companies like GM. Use your own discretion-- is there a viable American alternative to the good you're about to buy? Then try to find and buy it. If there isn't (IE, an American made car that will drive to 350k miles and then some), then just buy the Honda.

once i found out harbor freight was cheap chinese stuff, i stopped buying their tools. currently i want to buy a motorcycle stand - i want to make sure it's by an american MFR though.

 

[Udgnim]

you mean a war they've already won?

 

[nyker96]

China is doing what Japan, Taiwan, Korea, etc have done. Be the low cost producer, run an export economy, and maintain a high domestic currency\dollar ratio.

I remember hearing people say the same things about Japan 20 years ago that are now being said about China now.

I think every emerging country will go through this phase of expansion where they just do whatever needed to increase economic output. Heard India and Indonesia could be the next economic power since they are starting to imitate China, even good old Russia was trying to use their natural gas advantages to expand at the expense of NATO countries in the last 20 years, but wasn't very successful.

 

[gevorg]

If it wouldn't for America, China wouldn't achieve economic power that they have now. China *needs* America. America was economic power even before China bubble.

 

[firefighter4443]

The only people who consider China Communist are the old assholes still running the place. Once they die off you'll see the term communism start to go with them.

Two Thumbs Up. China has initiated a lot of captialistic laws. In addition, America isn't so far away from Socialism itself. (Social Security=Redistribution of the Wealth, Medicare=redistribution of the wealth, Unemployment=redistribution of the wealth, and on and on... get the picture?)

Quote:
Originally Posted by TheBDB
Do they actually want to destroy the American economy, or are they just willing to boost their own economy at the expense of others?

This is correct. Except for one thing. You need to add the word "mistakes" to the very end.

Another Two Thumbs Up. America's biggest one is our inability to force our citizens to do productive work. If you dont want to work, there's always a way the Government will finacially take care of you. SOCIALISM

The richest man is not he who has the most, but he who needs the least.

Unfortunatly, America is a Nation of Needy People + we're Needy People who can consume more per person than any other country in the world + there's a large and growing percentage of americans who do not give a damn about working = we're pretty damn poor, and we just dont realize it yet.

Oh, and I voted for "Low Prices Are Good" because the consumer choosing to spend his/her hard(ly) earned money on a product that gives him/her the best $$$/value ratio is one of the foundations of capatilism. If China can make an equal or better product than America can, and at a lower price, you're damn right I'm gonna buy the less expensive chinese one.

Now, if the growing population of couch potato leeches in this country didn't steal 20% of my income from me, it might be a different story...

 

[BoomerD]

<snip>

Now, if the growing population of couch potato leeches in this country didn't steal 20&#37; of my income from me, it might be a different story...

You have "firefighter4443" as a user name. Are you a firefighter for a public agency? If so, you really can't bitch about taxes, since those same taxes pay your salary and benefits.

(FWIW, firefighters and cops don't get paid enough IMO, just sayin...)

 

[jhu]

China is doing what Japan, Taiwan, Korea, etc have done. Be the low cost producer, run an export economy, and maintain a high domestic currency\dollar ratio.

I remember hearing people say the same things about Japan 20 years ago that are now being said about China now.

Aha! Someone here remembers history!

The poll is flawed BTW.

 

[firefighter4443]

You have "firefighter4443" as a user name. Are you a firefighter for a public agency? If so, you really can't bitch about taxes, since those same taxes pay your salary and benefits.

(FWIW, firefighters and cops don't get paid enough IMO, just sayin...)

I'm a proud Volunteer Firefighter, never been paid for my volunteered services. Taxpayers where I come from pay for the equipment only.

I've gotta pay for the gas to get to the fire station, the lights and siren for my truck so I can get to the fire station...

 

[dmcowen674]

Is China fighting an undeclared economic war against America?
Competition is one thing.

But China's policies seem to a coordinated effort to destroy the American economy, and especially the America worker.

It's a coordinated effort between China and Republicans.

Tell the whole story not just half of it.

 

[shortylickens]

By definition economics is the acquisition and distribution of a finite resource in a society.
EVERYBODY is always fighting an undeclared economic war with everyone else. Thats what the world is all about.
This isnt news. Its just "the way".