bolo121

Tsk tsk no need to get all super patriotic, i did not insult china in any way just pointed out current day reality.
in ten years i would think the consequences of the enormous environmental destruction being carried out by china will be hitting hard.

wangrui961

yes,i am storing foods and water so that i can live when our economy collapse some day.
thanks for your faithfully criticism.
i also plan to.........
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＼｜／ Migrate to India^_^To the other side of happiness
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　　▍　◥灌快樂◤　　　▍　　　　　　　
◥灌幸福◤～～～～～◥灌滿足◤　～～～　　　
～～～～　 ～～　　～～～～　　～～～　
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bolo121

Again dont turn this into an India China thing
I was expecting to discuss the points i made, not to yell about who is better or smarter ad nausem
About the environment thing just look it up in the NY Times (sorry lost the link)
Here is a recent economist article on China's markets
China's markets | Flashing red | Economist.com

wangrui961

The aticle is written by some one who never worked or investment in China's stock market, just stand for himself, how can you believe?
Everyone has a own viewpoint , a famrous person named Jim Rogers said it is too early to assert that China's stock market is a bubble, why don't you believe this? he has invested a lot in China,he know this well.
I can certainly discuss this with you ,but have you ever been work or invested in China's stock market?
How do we discuss? Take examples ? China is not USA,not Japan,not EU,China has her specially market , whether there're bubbles or not ,we can just wait and see.
China is not fully free economy,the goverment control stock market deeply.Do you know what we need?Not a market smilar as USA's.We just need a tool which can help companies raise money and server for our economy. Stock market itself is a tool ,just a tool .Why should we use a same tool as the west countries?
30 years ago ,we discard Planned economy and start our market economy,the west "experts" were suprised ,it is quite different with their market economy,it will not success!
But why should we have a same one with the west countries? We called our system "Market economy with Chinese characteristics", we did a good job ,we successed.
Today we start our "Financial markets with Chinese characteristics",and we believe we will be successful .
Do you understand?
If you don't,no problems ,time will tell you.
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That's all ,thank u.(edit for spelling wrong)

Tronic

Well, to correct you here, our economy is not as much export based but ofcourse, we depend on the US and other foriegn investors, not denying it.

__________________
Nabha Sparasham Deeptam
-Touch The Sky With Glory

Ray

wangrui961

The US is slowly changing the mindset of China.

Capitalism is replacing Communism.

Capitalism allows free thought and free wheeling.

That is dangerous for a centrally controlled nation.

It is gnawing the innards of China and people will get restless because of the inequality capitalism brings.

There will be a revolution of the haves and the have nots.

China will be a different place 10 years hence.

Then we will see who wins.

China or the US!

That is the reality.

I once read an article by an Englishman which indicated how to win over a country by corrupting the young!

Dangerous times ahead!

I see it in my own state where the Comrades who rule my state are more bourgeois and running dogs of capitalism than anyone else.

All the so called Communist unachievable utopia has been abandoned and there is no longer the class struggle but the class manifestation with vengeance!!!

__________________


"Some have learnt many Tricks of sly Evasion, Instead of Truth they use Equivocation, And eke it out with mental Reservation, Which is to good Men an Abomination."

I don't have to attend every argument I'm invited to.

HAKUNA MATATA

Rakshas

Hello Wangrui,
Why such hostility towards India? Eventhough I mentioned that China is a bubble about to burst, I haven't made a disparaging remark about China or the Chinese. You are like a Wall Street analyst who takes offence at someone pointing out that a bubble is rising and his predictions of a bull market may be cut short.

Bubble, bullrun, bear market, are all just opinions. We will experience it when it actually happens. So why the hostility, and the need to critisize India when the topic for discussion is China (My Daddy Strongest Syndrome)?

No one, atleast not an Indian, is denying that India has various social and economic problems, so I fail to see the connection between comparing everything to India everytime there is a criticism made of China.

Regards,
Rakshas

bolo121

No one can control financial cycles
A stockmarket is not a simple easy switch on switch off tool
At best an astute central bank can try to achieve a soft landing
China is centrally controlled in all things so government response will be sclerotic at best
Once the credit crisis in America reaches its inevitable conclusion, america will go into recession
This will in turn put heavy pressure on export dependant China (and to a lesser extent India)
A downturn, even a recession is very probable

667medic

How did this thread degenerate into an India-China slug.....

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Seek Save Serve Medic

Rakshas

..because a certain gentleman here thinks that 'Tu Quoque' is the perfect answer to any criticism of China.

Regards,
Rakshas

wangrui961

Oh my god ,i am nuked again.

I will start a professional training for a month in Shan Xi province ,maybe i can avoid your atomic bombs.
I should find some assistance the next time when i back here.
It's too busy to find spare time on English studing for the damned busy work
And google translate doesn't make any progress
But maybe i can find a English speaking girl to help me make bombs and bomb you all .
Gentlemen, I retreat again and i'll be back with fierce firepower someday.
See you then

gunnut

Yet here we are with dollar trading at an all time low against the yuan

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"Only Nixon can go to China." -- Old Vulcan proverb.

Tronic

wang, that is entirely up to US companies; they can go set up factories in Africa if they see fit. Remember, "Made in China", does not neccesarily mean, "Made by China". And before you start comparing with India again, Yes!, that holds true for India aswell!

zraver

The US is about half of China's exports so a loss of the US market will be a loss of half the Chinese economy. But it gets worse for China, if the US loses Chinese imports we get a recession possibly a depression just like China, but that in turns means the dollar truly tanks and China takes a second hot when its dollar reserves crumble. The government won't have the money to bail out the economy when banks start calling in loans and idle factories go bankrupt.

Inst

There's an effort at diversification. Right now, apparently, Sino-European exports are about equal to Sino-US exports. It's not just the Americans buying cheap Chinese junk (though if you keep on buying it, it can't really be junk, can it?).

https://www.cia.gov/library/publicat...k/geos/ch.html

Exports - partners:
US 21%, Hong Kong 16%, Japan 9.5%, South Korea 4.6%, Germany 4.2% (2006)

Though HK is to some degree a middleman in the Chinese export engine...