Monday, February 13, 2017

China is out performing the USA in many areas, including high speed transportation.

Top 10 Chinese Regions with most innovation patents (click here)

AI is number one.

Different types of artificially intelligent (AI) robots are on display at the 2016 AI World Expo, held in Beijing on Oct 18, 2016.

High Speed Rail was number 10.

The investment into China by American financial markets has been foolish. It hasn't provided a better quality of life to the Chinese people. Chinese parents had been importing an incredible amount of infant formula (click here). Those imports are changing because the Chinese government has developed their own CFDA (Chinese Food and Drug Administration). At a time when a Republican legislature is basically telling the American people, "Live at your own risk," China is seeking to improve the quality of it's domestic products.

Taking care of more than a billion people is not an easy task. While China is pushing it's limits in the border lines of the Pacific Ocean, there could be a real reason domestically why that is the case.

One might recall the Chinese bought the largest pork enterprise in the world, Smithfield Farms. The politics were that China is going to take over the markets of the USA. That the people of the US would be eating Chinese pork and not their own. I wouldn't have minded that, it would mean Smithfield would have less lagoon waste on the North Carolina coastal plain, but, that isn't what happened.

See, I had been following some of the events in China regarding it's pig farms long before the Smithfield purchase and it was very bad news. There were bloated pigs found floating down rivers. Not what I would call a big plus in confidence for the Chinese government. But, the reality was not about China taking over anything, the company was bought to feed the Chinese people. 

Smithfield was purchased in 2013 by the Chinese and by 2015 exports of pork TO China increased by 45%. That's right. China didn't purchase Smithfield to shut it down; which was a disappointment to me; but to feed their own people. (click here)

So, while the right wing of the USA political scheme likes to huff and puff and declare China the enemy, it is far from it.

February 8, 2017

Some petty-minded people (click here) ruin their own opportunities by viewing their potential partners as being as mercantilistic as themselves. This is the way in which some trade war warriors in the United States see their country's trade relations with China.

They see China, by selling more to the US, as being cunning or pursuing the strategic goal of eventually undoing the US. They say the US, which sells less merchandise to China, is being robbed of its jobs, and claim its economy is being raped.

They refuse to see that every year China is buying a lot more services from the US, Chinese parents pay huge amounts to educate their children in US colleges, and that in more recent years, Chinese companies have begun investing more and more in US companies.

In 2016, according to law firm Baker & McKenzie and research company Rhodium, China's direct investment into the US and Europe more than doubled, to a record $94.2 billion, even after almost $75 billion worth of deals were canceled for reasons that included US government objections.

They also point out that in 2015, when China's total outbound investments hit a record high of $145 billion and the country overtook Japan to be the world's second-biggest cross-border investor after the US, China's investment was $15 billion in the US and $23 billion in Europe.

A mere decade ago, when China was the world champion for receiving foreign direct investment, Chinese companies' outbound investments were only minimal....

Oh, by the way, Wall Street over invested in China. It could be said there is a real reason Wall Street kept begging to keep Qantitative Easing as a top priority at The Fed.

Easy money.

That was something Wall Street didn't find in China. Why? Come on everyone, why did the over investment in China occur?


Erecting industry in China to make more profit in The West was completely stupid. Paying the Chinese worker more to improve quality of life and hopefully increase disposable income ADDS consumers to Wall Street's products! Jerks. And whom exactly is OCCUPYING the US government?