Comments by "D W" (@DW-op7ly) on "Is China cozying up to the West once more? | DW News" video.

  1. Their bilateral trade just hit 200 billion plus
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  2. What most people don’t get most of “Chinese” trade is with their Belt and Road partner Countries these days. While it is mostly US Multinational Corporations making the lions share of the profits inflating those export numbers and trade deficits, based in China using their wholly owned factories and suppliers. Exporting their goods from China to the USA for Americans to buy. While these days using more and more illegal workers smuggled in from SE Asia or more and more automation in those factories in China The same US multinational corporations whose high flying stocks are in US Stock exchanges and American 401ks The same Corporations who these days derive a good part of their profits from selling their goods and services to the Chinese consumers in their domestic markets The same Corporations who got those huge Corporate tax cuts, big talking Americans cheered on Same Corporations who were the real reason Trump started a trade war for. As he was looking to get more and better access for those Corporations into those Chinese domestic markets Even though in 2018 US Multinational Corporations and their wholly owned subsidiaries generated 390 billion USD in revenues. Selling their Goods and Services to into those Chinese domestic markets. Same Multinational Corporations that Trump sacrificed the American farmer and consumer for. To try a get those better concessions from China As these Multinational Corporations passed on those added tariff cost to the American people And finally the same Multinational Corporations whose Headquarters are based in a North American Cities . Any big talker can easily go protest and picket around their front doors
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  3. What most people don’t get most of “Chinese” trade is with their Belt and Road partner Countries these days. While it is mostly US Multinational Corporations making the lions share of the profits inflating those export numbers and trade deficits, based in China using their wholly owned factories and suppliers. Exporting their goods from China to the USA for Americans to buy. While these days using more and more illegal workers smuggled in from SE Asia or more and more automation in those factories in China The same US multinational corporations whose high flying stocks are in US Stock exchanges and American 401ks The same Corporations who these days derive a good part of their profits from selling their goods and services to the Chinese consumers in their domestic markets The same Corporations who got those huge Corporate tax cuts, big talking Americans cheered on Same Corporations who were the real reason Trump started a trade war for. As he was looking to get more and better access for those Corporations into those Chinese domestic markets Even though in 2018 US Multinational Corporations and their wholly owned subsidiaries generated 390 billion USD in revenues. Selling their Goods and Services to into those Chinese domestic markets. Same Multinational Corporations that Trump sacrificed the American farmer and consumer for. To try a get those better concessions from China As these Multinational Corporations passed on those added tariff cost to the American people And finally the same Multinational Corporations whose Headquarters are based in a North American Cities . Any big talker can easily go protest and picket around their front doors
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  4. No one likes big talking in bread Americans these days 👇 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
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  5. There is now a 7 volume 27 book series on Chinese inventions that says we 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
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  6. Even more important most of “Chinese” trade is with their Belt and Road partner Countries these days. While it is mostly US multinational corporations based in China using their wholly owned factories and suppliers. Exporting their goods from China to the USA for Americans to buy. While these days using more and more illegal workers from SE Asia or more and more automation in those factories in China
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  7. Vietnamese are big takers as China controls the Mekong
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  8. What most people don’t get most of “Chinese” trade is with their Belt and Road partner Countries these days. While it is mostly US Multinational Corporations making the lions share of the profits inflating those export numbers and trade deficits, based in China using their wholly owned factories and suppliers. Exporting their goods from China to the USA for Americans to buy. While these days using more and more illegal workers smuggled in from SE Asia or more and more automation in those factories in China The same US multinational corporations whose high flying stocks are in US Stock exchanges and American 401ks The same Corporations who these days derive a good part of their profits from selling their goods and services to the Chinese consumers in their domestic markets The same Corporations who got those huge Corporate tax cuts, big talking Americans cheered on Same Corporations who were the real reason Trump started a trade war for. As he was looking to get more and better access for those Corporations into those Chinese domestic markets Even though in 2018 US Multinational Corporations and their wholly owned subsidiaries generated 390 billion USD in revenues. Selling their Goods and Services to into those Chinese domestic markets. Same Multinational Corporations that Trump sacrificed the American farmer and consumer for. To try a get those better concessions from China As these Multinational Corporations passed on those added tariff cost to the American people And finally the same Multinational Corporations whose Headquarters are based in a North American Cities . Any big talker can easily go protest and picket around their front doors
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  9. Plus you are 20 years behind the times buddy😆 China leads the world these days in 37 of 44 critical technologies of the future
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  10. What most people don’t get most of “Chinese” trade is with their Belt and Road partner Countries these days. While it is mostly US Multinational Corporations making the lions share of the profits inflating those export numbers and trade deficits, based in China using their wholly owned factories and suppliers. Exporting their goods from China to the USA for Americans to buy. While these days using more and more illegal workers smuggled in from SE Asia or more and more automation in those factories in China The same US multinational corporations whose high flying stocks are in US Stock exchanges and American 401ks The same Corporations who these days derive a good part of their profits from selling their goods and services to the Chinese consumers in their domestic markets The same Corporations who got those huge Corporate tax cuts, big talking Americans cheered on Same Corporations who were the real reason Trump started a trade war for. As he was looking to get more and better access for those Corporations into those Chinese domestic markets Even though in 2018 US Multinational Corporations and their wholly owned subsidiaries generated 390 billion USD in revenues. Selling their Goods and Services to into those Chinese domestic markets. Same Multinational Corporations that Trump sacrificed the American farmer and consumer for. To try a get those better concessions from China As these Multinational Corporations passed on those added tariff cost to the American people And finally the same Multinational Corporations whose Headquarters are based in a North American Cities . Any big talker can easily go protest and picket around their front doors
    1
  11. What most people don’t get most of “Chinese” trade is with their Belt and Road partner Countries these days. While it is mostly US Multinational Corporations making the lions share of the profits inflating those export numbers and trade deficits, based in China using their wholly owned factories and suppliers. Exporting their goods from China to the USA for Americans to buy. While these days using more and more illegal workers smuggled in from SE Asia or more and more automation in those factories in China The same US multinational corporations whose high flying stocks are in US Stock exchanges and American 401ks The same Corporations who these days derive a good part of their profits from selling their goods and services to the Chinese consumers in their domestic markets The same Corporations who got those huge Corporate tax cuts, big talking Americans cheered on Same Corporations who were the real reason Trump started a trade war for. As he was looking to get more and better access for those Corporations into those Chinese domestic markets Even though in 2018 US Multinational Corporations and their wholly owned subsidiaries generated 390 billion USD in revenues. Selling their Goods and Services to into those Chinese domestic markets. Same Multinational Corporations that Trump sacrificed the American farmer and consumer for. To try a get those better concessions from China As these Multinational Corporations passed on those added tariff cost to the American people And finally the same Multinational Corporations whose Headquarters are based in a North American Cities . Any big talker can easily go protest and picket around their front doors
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  12. China is pushed towards Russia because there is no way the USA is going to let a China be number 1.
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  13. What most people don’t get most of “Chinese” trade is with their Belt and Road partner Countries these days. While it is mostly US Multinational Corporations making the lions share of the profits inflating those export numbers and trade deficits, based in China using their wholly owned factories and suppliers. Exporting their goods from China to the USA for Americans to buy. While these days using more and more illegal workers smuggled in from SE Asia or more and more automation in those factories in China The same US multinational corporations whose high flying stocks are in US Stock exchanges and American 401ks The same Corporations who these days derive a good part of their profits from selling their goods and services to the Chinese consumers in their domestic markets The same Corporations who got those huge Corporate tax cuts, big talking Americans cheered on Same Corporations who were the real reason Trump started a trade war for. As he was looking to get more and better access for those Corporations into those Chinese domestic markets Even though in 2018 US Multinational Corporations and their wholly owned subsidiaries generated 390 billion USD in revenues. Selling their Goods and Services to into those Chinese domestic markets. Same Multinational Corporations that Trump sacrificed the American farmer and consumer for. To try a get those better concessions from China As these Multinational Corporations passed on those added tariff cost to the American people And finally the same Multinational Corporations whose Headquarters are based in a North American Cities . Any big talker can easily go protest and picket around their front doors
    1
  14. What most people don’t get most of “Chinese” trade is with their Belt and Road partner Countries these days. While it is mostly US Multinational Corporations making the lions share of the profits inflating those export numbers and trade deficits, based in China using their wholly owned factories and suppliers. Exporting their goods from China to the USA for Americans to buy. While these days using more and more illegal workers smuggled in from SE Asia or more and more automation in those factories in China The same US multinational corporations whose high flying stocks are in US Stock exchanges and American 401ks The same Corporations who these days derive a good part of their profits from selling their goods and services to the Chinese consumers in their domestic markets The same Corporations who got those huge Corporate tax cuts, big talking Americans cheered on Same Corporations who were the real reason Trump started a trade war for. As he was looking to get more and better access for those Corporations into those Chinese domestic markets Even though in 2018 US Multinational Corporations and their wholly owned subsidiaries generated 390 billion USD in revenues. Selling their Goods and Services to into those Chinese domestic markets. Same Multinational Corporations that Trump sacrificed the American farmer and consumer for. To try a get those better concessions from China As these Multinational Corporations passed on those added tariff cost to the American people And finally the same Multinational Corporations whose Headquarters are based in a North American Cities . Any big talker can easily go protest and picket around their front doors
    1
  15. What most people don’t get most of “Chinese” trade is with their Belt and Road partner Countries these days. While it is mostly US Multinational Corporations making the lions share of the profits inflating those export numbers and trade deficits, based in China using their wholly owned factories and suppliers. Exporting their goods from China to the USA for Americans to buy. While these days using more and more illegal workers smuggled in from SE Asia or more and more automation in those factories in China The same US multinational corporations whose high flying stocks are in US Stock exchanges and American 401ks The same Corporations who these days derive a good part of their profits from selling their goods and services to the Chinese consumers in their domestic markets The same Corporations who got those huge Corporate tax cuts, big talking Americans cheered on Same Corporations who were the real reason Trump started a trade war for. As he was looking to get more and better access for those Corporations into those Chinese domestic markets Even though in 2018 US Multinational Corporations and their wholly owned subsidiaries generated 390 billion USD in revenues. Selling their Goods and Services to into those Chinese domestic markets. Same Multinational Corporations that Trump sacrificed the American farmer and consumer for. To try a get those better concessions from China As these Multinational Corporations passed on those added tariff cost to the American people And finally the same Multinational Corporations whose Headquarters are based in a North American Cities . Any big talker can easily go protest and picket around their front doors
    1
  16. @michaelrenper796 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets – many embraced by the Belt and Road initiative – where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
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  17. @michaelrenper796 Special Report: How smuggled workers power 'Made in China' The smuggling of illegal workers from Vietnam across the 1,400-km (840-mile) border into China is growing. Labor brokers estimate that tens of thousands work at factories in the Pearl River Delta, which abuts Hong Kong. Workers from other Southeast Asian nations are joining them. Visits by Reuters to a half-dozen factory towns in southern China revealed the employment of illegal workers from Vietnam is widespread, and authorities often turn a blind eye to their presence. Workers from Myanmar and Laos were also discovered to be working in these areas. REUTERS
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  18. @michaelrenper796 We estimate China only makes $8.46 from an iPhone – and that’s why Trump’s trade war is futile So what about all of those famous factories in China with millions of workers making iPhones? The companies that own those factories, including Foxconn, are all based in Taiwan. Of the factory-cost estimate of $237.45 from IHS Markit at the time the iPhone 7 was released in late 2016, we calculate that all that’s earned in China is about $8.46, or 3.6 percent of the total. That includes a battery supplied by a Chinese company and the labor used for assembly. The other $228.99 goes elsewhere. The U.S. and Japan each take a roughly $68 cut, Taiwan gets about $48, and a little under $17 goes to South Korea. And we estimate that about $283 of gross profit from the retail price – about $649 for a 32GB model when the phone debuted – goes straight to Apple’s coffers. In short, China gets a lot of (low-paid) jobs, while the profits flow to other countries. TheConversation
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  19. @michaelrenper796 The biggest driver of the Chinese economy is their service sector ie real estate I can show you how the Chinese Central Government was cutting off money flow to that sector and Real Estate developers back in 2010 We also knew this in 2010 👇 Secret: The Richest Chinese Make All Their Money Selling To Chinese Consumers And Exports To America Are A Joke Oct. 14, 2010 95% of the richest Chinese found in the latest Hurun Report made their money not by selling products to foreigners, but rather by selling products domestically -- to the Chinese consumer. Under 5% of China's richest (ie. those with $150 million or more) are dependent on exports for their wealth. The list of ten richest Chinese shows the same phenomenon, with mostly businesses focused domestic consumption : BI
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  20. @michaelrenper796 Global companies are strengthening their business in China, Cheng said, noting that in some industries, orders from within the country are surpassing those from overseas. For a sense of scale, U.S. multinationals' majority-owned affiliates in China brought in sales of $392.7 billion in 2018, up 4.8% from a year ago, according to the latest available data from the U.S. Bureau of Economic Analysis. CNBC
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  21. They still own and parked their money outside the country
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  22. India with a younger workforce , larger workforce, and lower wages had a 100 billion dollar trade deficit with China in 2022
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