China raises five demands during Yellen’s visit
China raises five demands during Yellen’s visit
The Chinese government has made five demands on the United States, including the cancellation of its chip exports ban and sanctions, during US Treasury Secretary Janet Yellen’s four-day China…
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as if they are in a role to make demands now lmao
Imagine thinking that China is not in a position to make demands. 😂
Imagine China can takeover the world. Yeah one can dream. We have a Putin already. 🤣 🤣
China is already the main trading partner for most countries in the world, and a bigger economy than US in terms of PPP. The only one who seems to be inhabiting the dream realm here is you.
As if our dear Uncle Sam does not trade 😭😭 Oh yeah by PPP Indian economy is larger than that of Japan and Germany combined too. Hurray India is an advanced economy now. Give the per capita figure a look and wake up.
You keep on laughing while you can there. Soon even the most propagandized elements of society are going to be forced to engage with reality. Then the rest of us will laugh. 😂
I guess you missed the news story about China defaulting on $1 trillion in US debt?
@ruck_feddit @yogthos doest the U.S. owe china almost a trillion as well?
The US pays it's bills. China defaulting devalues it's currency, making payment necessary in dollars. The US has a hard limit on how much yuan it will exchange for dollars to prevent a run on the currency. China cannot get enough dollars to pay the bill, while the US is the one country in the world to which China can't just say "lol no." Assets will be forfeit or one sided deals favoring the US will come out of this. The devaluation of the primary currency of a major trade partner means their goods cost less and their interest increases
US economy would collapse overnight without China, thinking that US has some sort of upper hand here is the height of comedy. US doesn't produce much of anything today, its industrial base is around 11% of its GDP, and there is no substitute for China which is central to most supply chains.
The US economy wouldn't collapse without China, nor China without the US. They are so heavily intertwined economically that both countries avoid trouble with the other because the impact would be enormous.
China has manufacturing power. US has trade alliances and military power. Neither can overcome the other in simple terms.
If the US pulled out of China, the pressure on their allies to stop business with China would be the halting of sales of arms and support. Those F35's require specific maintenance supplied by the US.
If China pulled out of the US, the pressure would be on US soil to bring prices of commodities down.
China is a cheap source of labor to the US, but so is India. Much of US tech support and manufacturing is moving to India anyhow because much of the educated population speaks English due to British colonialism. Over time, things would equalize and the new status quo would emerge. NEITHER country would cease to exist, and neither would acknowledge the growing pains.
Thanks for linking a concrete example of China not giving a fuck about what US thinks. What's US gonna do about it, whinge and cry like the article you linked is doing? 😂😂😂
OoOO you're so edgy! Now watch as the US continues to regionally encircle China via each of their neighbors. They're already moving tech and manufacturing next door to India. Japan and S Korea are building their militaries again in response to continued threats by China.
Wasn't your original argument about how much money and power China has? This makes their bid to become the international business currency look like the economy of Greece. What are they going to do about all of their seized assets across the globe? FIGHT THE US?
You pay up, or you lose your investments. That's how money works. Man, you're bad at this!
Hey, as a usa propagandist you are supposed to keep the encirclement a secret! Think of all the naive euros who still think that usa is not an aggressive imperialist
Oh the US is, absolutely. But they're also the biggest war machine, and they make you pay those weapons in USD which keeps them on top. It's USD or one sided trade deals, which bring more USD.
As long as there is an enemy, on paper or real life, both sides want US munitions and tech. Wagner, for example, is/was quite proud of the fact they used western tech and firepower. China is quite proud of the fact they are developing their own version of the Patriot missile system, F35, and Littoral Combat ship after that information was taken by hackers. It might not be popular, but US war tech and tactics are cutting edge. So much so, even the countries that openly despise the US have to use their tech, paid for in USD
LMFAO the least propagandized American has logged on. Go read up on how US war games against China turn out.
Also, it's absolutely adorable that you think that China hasn't protected their assets from US after seeing US seize Russian assets.
The question you should be asking yourself is what US is going to do when China cuts you off from all the stuff produced in China. Not like US has an industrial base of its own like a real country. 😂
I'll wait while you source your info, since I sourced mine. You can respond to: fighting the US, China's financial position in the world and their international debt, or just how you believe China can protect assets on another continent. Go ahead.
It's nice you think I'm American. Throw me some more emojis to try to make your points really stick.
This is such a laughably stupid point it's hilarious that you'd make it. The ROC still exists and has an economy, land, people, resources, trade, and international relationships (which the PRC acknowledges, much to their chagrin) and thus is still responsible for servicing the ROC's debt. The only way the PRC would take over the ROC's debt is if the US acknowledged that the PRC is the rightful government across both Mainland China and Taiwan. That's never happening.
Go away tankie.
Tankie is a pejorative label for communists and those who align with Marxism–Leninism ideology. More generally, the term "tankie" has been applied for those who express support for one-party socialist republics that are associated with Marxism–Leninism, whether contemporary or historical. And this is a communist communication platform. You absolute dunce.
You got a source stating this is not somehow China's debt?
If you want to be laughably stupid, you gotta bring the sauce baby boo. I brought the sauce, how about you?
Literally the same source you provided:
Before 1949, the government of the Republic of China (ROC) issued a large volume of long-term sovereign gold-denominated bonds, secured by Chinese tax revenues
Last I checked, the ROC still exists and is still China. For example, the ROC still claims the 7-dash line (the line most people acknowledge as being a Chinese claim). The ROC is still a country. Saying otherwise would suggest that the ROC and the PRC are the same... Which is something so silly not even the PRC claims as such.