Comments by "D W" (@DW-op7ly) on "America is giving up in Vietnam, again as Chinese investment in VN grows to 16x" video.

  1. Chinese were in Vietnam long before Americans got the idea the could move their manufacturing out of China. The majority of the companies who did leave China went to SE Asia... Majority of those to Vietnam
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  2. I remember the running joke back then was Vietnamese made had more Chinese content in it… than made in China These days 👇 Vietnam posts record 2022 trade surplus with U.S. as China deficit rises * Vietnam's trade surplus with the United States widened to $94.9 billion last year, the highest level on record, * Meanwhile, a trade deficit with China, which is the largest supplier of materials and equipment to Vietnam's labour-intensive manufacturing sector, widened to a record $60.2 billion in 2022 from $54.0 billion a year earlier, zawya
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  3. Americans will always need to invest in war… they have to prop up their Petro dollar and worlds reserve currency status Which is part of the reason they can print up and borrow so much money
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  4. More like well over 2 trillion closer to the 3 trillion others have posted about in this thread 👇 How Much Money Does the World Owe China? Our research, based on a comprehensive new data set, shows that China has extended many more loans to developing countries than previously known. This systematic underreporting of Chinese loans has created a “hidden debt” problem – meaning that debtor countries and international institutions alike have an incomplete picture on how much countries around the world owe to China and under which conditions. In total, the Chinese state and its subsidiaries have lent about $1.5 trillion in direct loans and trade credits to more than 150 countries around the globe. This has turned China into the world’s largest official creditor — surpassing traditional, official lenders such as the World Bank, the IMF, or all OECD creditor governments combined. Despite the large size of China’s overseas lending boom, no official data exists on the resulting debt flows and stocks. China does not report on its international lending, and Chinese loans literally fall through the cracks of traditional data-gathering institutions. For example, credit rating agencies, such as Moody’s or Standard & Poor’s, or data providers, such as Bloomberg, focus on private creditors, but China’s lending is state sponsored, and therefore off their radar screen. Debtor countries themselves often do not collect data on debt owed by state-owned companies, which are the main recipients of Chinese loans. In addition, China is not a member of the Paris Club (an informal group of creditor nations) or the OECD, both of which collect data on lending by official creditors. HarvardBusinessReview
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  5. The rise of Chinese contractors in Vietnam 14 March 2013 By the end of 2009 Chinese engineering companies were involved in projects worth US$15.4 billion in Vietnam, making the Vietnamese market their largest in Southeast Asia. On occasion, Chinese contractors have even accounted for up to 90 per cent of EPC (Engineering/Procurement/Construction) contracts for thermal power plants in the country. Two major factors account for the spectacular rise of Chinese engineering contractors in Vietnam: the conditions attached to the concessional loans and preferential export buyer’s credits that China provides Vietnam, and the ‘flexible’ business strategies of Chinese contractors. EastAsiaForum
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  6. Great find with all your stats… allow me to fact check and use some of these stats in the future… Also it’s not just container ports within China it’s the container ports around the world as well 👇 How China rules the waves FT investigation: Beijing has spent billions expanding its ports network to secure sea lanes and establish itself as a maritime power JANUARY 12 2017 In terms of container ports, China already rules the waves. Nearly two-thirds of the world’s top 50 had some degree of Chinese investment by 2015, up from about one-fifth in 2010, according to FT research. FT 👇 How China Uses Shipping for Surveillance and Control Beijing’s global maritime operations double as intelligence-gathering outposts. Of the world’s 75 leading container ports outside the Chinese mainland, almost halfhave at least partial Chinese ownership or operations (with operations more significant, since they allow China to control access to terminals, supplies, dry docks, and storage). More than half of China’s overseas maritime assets sit on major shipping lanes passing through the Indian Ocean (the Port of Hambantota, Sri Lanka), the Red Sea (the Port of Djibouti), the Suez Canal (the Port of Sokhna, Egypt, and the Suez Canal Economic Zone), the Mediterranean Sea (the Port of Haifa, Israel, and Piraeus, Greece), and other waters. FP
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  7. Not that hard to understand this “derisked” talk started in 2018 when trump started his trade war The vast majority of American companies stayed in China the ones who left the vast majority went to SE Asia Where the vast majority of those companies went to Vietnam Which he is highlighting In the 1980s as a young Investment Analyst for the Investment Banking wing of a National Bank I was tasked to study Investment options in China This is when i stumbled on the fact that Chinese people and their companies were already in/going to SE Asia and countries like Vietnam Where these SE Asian countries Economies are dominated by the ethnic Chinese and their companies And where these SE. Asian Countries are dependent on the Chinese economy 👇 Ethnic Chinese dominate PH economy by Solita Collas - Monsod on Jun 25, 2012 Truly, a picture is worth a thousand words. The pictures of the top 15 Filipino billionaires (in US dollars, mind you) in Friday’s issue of the Inquirer brought home with crystal clarity the domination of the Philippine economy by ethnic Chinese. This is, of course, not a unique situation, as it seems to be the case in all of Southeast Asia Philippine Daily Inquirer
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  8. I was just making a observation Like if these US companies want to derisk from China SE Asia is the wrong area to go 👇 China's Mekong River Dams Expected to Worsen Southeast Asian Economies During Drought The Mekong River is Asia's third-largest transboundary river, stretching nearly 5,000 kilometers from China through six countries where it serves as the primary or secondary food source for millions of people. VOA
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