Comments by "D W" (@DW-op7ly) on "David Roche says India won't replace China in global trade" video.

In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest Would India do the same with its untouchables???????
14
China population isn’t expected to decline until 2050 And their automation is already 12 times that if the USA
8
Chinese debt is mostly internal debt They have very little external debt If internal debt mattered you would hear a 300 trillion debt for the USA (500 trillion if you included the nominal value of derivatives bets) instead of the USA being 34 trillion in debt
7
India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
6
South Korea has a trade deficit with China because they listened to their American masters Thinking China who is now leading in 37 of 44 critical technologies of the future Would not be able to innovate when it came to semiconductors Let’s cut off chips and chip making equipment and force them to innovate The smarter thing to do would have been to lower prices and dump chips on China Instead they went from virtually no chip making ability/foudaries to being at par with the rest of the world and behind Taiwan with the most advanced chips all within 6 years And looking to taking over the legacy market for chips in the future
6
Could happen if they get rid of their caste system This current slowdown was intentional as there is 300 million Chinese still expected to move to the cities where they will be in need of affordable homes If India were start to do the same with it’s untouchables Then I would believe
5
That’s if complaining Indians could put up with the low pay and horrible working conditions It’s not like India was kept from doing what China is doing I remember back in the 1980s western Companies were going to India because of the lower wages trying to do the same formula there
4
India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
3
Just US Multinationals alone in China made 392 billion in 2018
3
India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
3
India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
2
The irony is the only way India will advance in the future is if they copy Chinese technology 👇 Wake-Up Call': China Leads in 37 Out of 44 Critical Technology Sectors, Says Report The Australian Strategic Policy Institute has pointed out that only seven of the 44 technologies analysed by its report are currently led by a democratic country, 'and that country in all instances is the US.' The Wire Staff Mar 09, 2023 New Delhi: China is far ahead of even the United States in conducting cutting-edge research in most critical technologies, especially in defence, space and security, a new report by a top Australian think tank has found. In the report published on March 2, the Australian Strategic Policy Institute shows that China has “built the foundations to position itself as the world’s leading science and technology superpower, by establishing a sometimes stunning lead in high-impact research across the majority of critical and emerging technology domains”. TheWire
2
Yes like I said Indians have brought that caste system here to my country in the west where everyone is suppose to be equal Btw didn’t India just pass a citizenship law excluding Muslim people
2
India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
2
Vietnam has a trade deficit with China as well
1
These is now a 27 book series on what the Chinese invented first that says the world stole from them 👇 Why was China erased from Western memory The remarkable history of Chinese invention - Why was China erased from Western memory? Article by 龙信明 Introduction Joseph Needham was an English medical doctor and biologist, teaching in England in the 1930s. By an accident of fate he acquired some Chinese students, and was intrigued to hear their claims of so many medical and scientific discoveries having originated in China, rather than in the West. Needham became fully fluent in Chinese, and eventually moved to China in 1942 to investigate these claims and to research the entire history of Chinese invention. That work led to an astonishing voyage of historical discovery. Needham originally planned to write a book cataloguing Chinese inventions, but his first volume barely scratched the surface of his subject. He slowly gatherred many of his students into this enterprise, and they eventually wrote a collection of 26 books, to catalog the history of Chinese discovery. Myth and Misrepresentation It leaves one speechless to learn the vast extent of things invented by the Chinese many hundreds of years, and often several millennia, before they appeared in the West. MySingaporeBlogSpot
1
These is now a 27 book series on what the Chinese invented first that says the world stole from them 👇 Why was China erased from Western memory The remarkable history of Chinese invention - Why was China erased from Western memory? Article by 龙信明 Introduction Joseph Needham was an English medical doctor and biologist, teaching in England in the 1930s. By an accident of fate he acquired some Chinese students, and was intrigued to hear their claims of so many medical and scientific discoveries having originated in China, rather than in the West. Needham became fully fluent in Chinese, and eventually moved to China in 1942 to investigate these claims and to research the entire history of Chinese invention. That work led to an astonishing voyage of historical discovery. Needham originally planned to write a book cataloguing Chinese inventions, but his first volume barely scratched the surface of his subject. He slowly gatherred many of his students into this enterprise, and they eventually wrote a collection of 26 books, to catalog the history of Chinese discovery. Myth and Misrepresentation It leaves one speechless to learn the vast extent of things invented by the Chinese many hundreds of years, and often several millennia, before they appeared in the West. MySingaporeBlogSpot
1
India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
1
Indians have no money
1
Plus China was cracking down on property developers since 2010. As they cut off money flow to them If you are one of those “Sophisticated Foreign Investors” Which you are not…. who bought their Property Developers “Junk Bonds” these last few years you only have yourself to blame
1
Huge Price Cuts Rumored From Chinese Developers Due To Collapsing Demand Vincent Fernando, CFA May 29, 2010 Demand is falling since China's central government announced stricter regulations for property transactions during the middle of April. These involve higher down payments and mortgage rates for the purchase of second home, and act which is seen as potential speculation. Such tightening is reducing buying demand. Thus a moderately bearish view is that property prices need to come down, since demand is likely down yet supply is the same. This challenge isn't limited to Shanghai: China Vanke Co, the country's largest publicly listed developer, may cut apartment prices by 10 to 30 percent within three months, the Beijing News said yesterday, citing an unidentified sales agent. Local Vanke officials declined to comment yesterday. Yet Shanghai is where things could get the ugliest, the earliest. This is because the local Shanghai government is planning to clamp down on speculation even harder than China's central government already has: Chen Qiwei, a spokesman for the Shanghai municipal government, did not preclude the possibility of levying property tax when asked about this issue at a press conference on Friday. "Shanghai will take more strict measures in line with the central government policy," Chen said, adding that more efforts will be made in building economically affordable houses and cracking down on speculative house purchasing. Other cities such as Beijing, Chongqing, and Shenzen could have similar additional taxes, but Shanghai is the first to make an official comment such as above according to China Daily. Thing is, any action from Shanghai will likely need approval from the central government. BusinessInsider 👇 Business Economics China Increases Banks’ Reserve Ratios to Cool Prices By Bloomberg News December 10, 2010 at 4:08 AM PST 👇 China raises banks' reserve ratios again Reuters December 10, 20104:27 AM PSTUpdated 13 years ago Dec 10, 2010 — The 50 basis point increase, which takes effect on Dec 20, will leave required reserve ratios at 18.5 percent 👇 China Property Market ‘Bubble’ Set to Burst, Xie Says By Bloomberg News February 1, 2010 at 11:51 PM PST China’s property market “bubble” is set to burst as the government curbs credit growth and clamps down on speculation, according to independent economist Andy Xie. 👇 China cracks down on speculators to cool prices BY THE ASSOCIATED PRESS NOV. 23, 2010 The government has ordered banks twice in the past three weeks to raise the amount of money they hold in reserves to rein in lending growth. 👇 China cracks down on property speculation Source:Global Times Published: 2010 The Chinese government has raised the down payment for second-home buyers to a minimum 50 percent of the value from 40 percent, in a bid to curb property speculation. The decision was announced in a statement released Thursday after conclusion of an executive meeting of the State Council, the Cabinet, presided over by Premier Wen Jiabao, on Wednesday. First-home buyers must pay no less than 30 percent of the the property price if the area is above 90 square meters, the statement said. The government was stepping up the introduction of tax policies to influence purchases and adjust property investment returns, said the statement. Nationwide, land use for the construction of low-income housing, shanty town renovation and small and medium-sized homes (below 90 square meters) should account for at least 70 percent of the land approved for property development, the statement said. It also urged local authorities to accelerate housing construction approvals to ensure effective land supply, and crack down on land hoarding and speculatory behavior. 👇 China attempts to deflate its unstable property bubble China is to spend $200bn on low-cost homes as part of a series of measures to slow the rapidly rising prices of urban houses Tania Branigan in Beijing Wed 9 Mar 2011 19.24 GMT Chinese officials are blaming speculators for soaring property prices and are vowing to build 36m affordable homes over the next five years. There are already widespread concerns about China's booming property market and the threat it poses to the country's expanding economy. China would spend nearly $200bn (£123bn) on an affordable homes and social housing scheme, said deputy housing minister Qi Ji in Beijing . The pledge came a few days after premier Wen Jiabao promised to "resolutely" curb speculation to tackle excessively rapid price increases The authorities have taken various steps since spring last year to dampen the property market. These include raising interest rates, increasing the minimum downpayment required on second homes and restricting the rights of foreigners to buy property. Two Chinese cities are now imposing sales tax on property deals. While the measures have slowed growth, many fear it remains too high. In March 2010, urban housing prices shot up by 11.7% year-on-year, according to figures from the national bureau of statistics. December saw the lowest increase in more than a year, but it still stood at 6.4%. The Guardian
1
These is now a 27 book series on what China invented that says we copied from them Yet You Indians always cry how the Brits stole from you 👇 Why was China erased from Western memory The remarkable history of Chinese invention - Why was China erased from Western memory? Article by 龙信明 Introduction Joseph Needham was an English medical doctor and biologist, teaching in England in the 1930s. By an accident of fate he acquired some Chinese students, and was intrigued to hear their claims of so many medical and scientific discoveries having originated in China, rather than in the West. Needham became fully fluent in Chinese, and eventually moved to China in 1942 to investigate these claims and to research the entire history of Chinese invention. That work led to an astonishing voyage of historical discovery. Needham originally planned to write a book cataloguing Chinese inventions, but his first volume barely scratched the surface of his subject. He slowly gatherred many of his students into this enterprise, and they eventually wrote a collection of 26 books, to catalog the history of Chinese discovery. Myth and Misrepresentation It leaves one speechless to learn the vast extent of things invented by the Chinese many hundreds of years, and often several millennia, before they appeared in the West. All the myths about China and the Chinese being good at 'memorising and passing exams', but being unable to think independently or to be imaginative and creative, are just that - myths. Those stories were never true, not then and not now. This isn't a simple matter of gunpowder and fireworks, but encompasses the entire range of human knowledge from endocrinoloy to mathematics, from agriculture to astronomy. How could such facts have been hidden from the entire Western world for so long? And why were they withheld? Needham made his discoveries in the 1940s, but our Western education has never made reference to them, never acknowledged them. We Westerners were taught that virtually all inventions and discoveries arose in Europe but, thanks to Joseph Needham, we have clear documentation proving they existed in China often 1,000 or more years before the Europeans copied them. In all of the above, Needham has published not only old Chinese texts, but photos of old drawings that clearly depict all of these items, from texts that can be accurately dated. These are not wild claims or supppositions; the evidence is both conclusive and striking, and is there for anyone to examine. Where has the world been, for so many years? How could all of this have remained hidden? How - and Why - did the West so thoroughly erase China from the world's current historical memory? MySingaporeBlogSpot
1
Indians need to work on deodorant First 👇 IP Theft Is What Once Helped Make America Great That was certainly the case for the United States. The practice of grabbing intellectual property was a staple of U.S. economic strategy since the outset of the nation’s founding. The play Hamilton has brought new and deserved respect to the first secretary of the treasury. But his many economic achievements should not blind us to the fact that theft of intellectual property was a linchpin of his manufacturing strategy. RealClearMarkets
1
It’s not just in India We have a large South Asian population from India here in Canada where everyone should be equal But that caste system has followed
1
India has a 100 billion a year trade deficit with China
1
Don’t be embarrassed you are Dalit 👇 Who Is Afraid of Caste Equity in Canada? Anyone familiar with caste stigma and the violence endured by caste-oppressed Dalits and other minorities should have welcomed the Toronto school board's move. So why are some Indian-origin groups protesting? TheWire
1
What scam call centre do you work at Yeah as long as these people from these countries are not Muslim 👇 The Citizenship Amendment Act provides a fast track to naturalization for Hindus, Parsis, Sikhs, Buddhists, Jains and Christians who fled to Hindu-majority India from Afghanistan, Bangladesh and Pakistan before Dec. 31, 2014. The law excludes Muslims, who are a majority in all three nations. Mar 15, 2024 APNews
1
Dalits should rise up against their abusers like you But it shows your country will go nowhere Do you live in the west I’m shocked at how much people dislike South Asians like you Add another 200 million Muslims in your country 👇 India's new citizenship law for religious minorities leaves Muslims out Modi gov't says law protects the persecuted. Critics say it turn Muslims into ‘second-rate citizens’ CBC
1
Let’s face it… if you believe in a caste system India is Chamaar Dalits compared to the China
1
Who cares you Indians still practice it You can talk like the typical call centre employee looking for my credit card details But you are just making excuses Chamaar Dalit As for China like most countries it gives special privileges and rights to its minorities India these days is going the other way discrimination against Dalits and Muslims India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
1
You do sound stooopid 👇 In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest Would India do the same for its untouchables Heck you just made a citizenship law that excludes Muslims
1
It’s China investing trillions in its belt and road partner countries it’s Chinese companies mostly trading with these Belt and Road countries It’s mostly US multinational with their wholly owned factories in China Who were increasingly using illegal labor imported from SE Asia or more and more automation in their factories in China sending those goods to western countries like the USA
1
Indians need to start with a bar of soap India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
1
It was more of a international effort the Americans helped to partially fund, the building of the BSL4 Biolab the French built it The USA, UK, France, and Canada helped to train the scientists working there And the USA funded that Gain-Of-Function Research in that Biolab 👇 State Department cables warned of safety issues at Wuhan lab studying bat coronaviruses By Josh Rogin April 14, 2020 at 5:0 * In January 2018, the U.S. Embassy in Beijing took the unusual step of repeatedly sending U.S. science diplomats to the Wuhan Institute of Virology (WIV), which had in 2015 become China’s first laboratory to achieve the highest level of international bioresearch safety (known as BSL-4). WIV issued a news release in English about the last of these visits, which occurred on March 27, 2018. *During interactions with scientists at the WIV laboratory, they noted the new lab has a serious shortage of appropriately trained technicians and investigators needed to safely operate this high-containment laboratory,” states the Jan. 19, 2018, cable, which was drafted by two officials from the embassy’s environment, science and health sections who met with the WIV scientists. (The State Department declined to comment on this and other details of the story.) The Chinese researchers at WIV were receiving assistance from the Galveston National Laboratory at the University of Texas Medical Branch and other U.S. organizations, but the Chinese requested additional help. The cables argued that the United States should give the Wuhan lab further support, mainly because its research on bat coronaviruses was important but also dangerous. WAPO
1
China intentionally slowed down its economy Albeit it took them 14 years to do it
1
India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
1