Trump delays tariff increase on request from China

[Tangmo]

Hong Kong and the trade war are Xi Jinping's area of responsibility as they are external and political. Now the obscure prime minister Li Keqiang and his cabinet of Party hacks have had to step in while Xi fades to the background. Xi will be the main figure of the 70th anniversary of the CCP-PRC October 1st so we can be sure he'll get plenty of flowers and praise. All of it will be inside his circle in Beijing of course.


Hong Kong protests and US trade war no longer China’s top priorities as spiralling pork prices dominate agenda

Vice-Premier Hu Chunhua heading Beijing’s efforts with latest data showing pork prices rose 46.7 per cent in August compared to a year earlier

Issue could even undermine next month’s 70th anniversary of the founding of the People’s Republic

China's State Council issued new guidelines on Tuesday urging local governments and various government departments to boost pork supply.

"Pig farming is an important industry that matters to the nation's plan and people's living. Pork is the main meat for most Chinese residents," said the State Council. “[Pork production] has significant meaning in terms of ensuring people's lives, stabilising prices, keeping stable economic operation and maintaining overall social stability.”

According to a leaked document on boosting pig and pork supply seen by the South China Morning Post, Hu [Chunhua vice-premier] told a national conference on August 30 that it was not only an economic but also a political imperative to ensure a sufficient supply of pork, a staple meat on every Chinese dinner table.

“If people can’t access or be able to afford pork, it will seriously affect the achievements of society and hurt the image of the party and the state,” said Hu, according to the document.

Hong Kong protests and US trade war no longer China’s top priorities as spiralling pork prices dominate agenda | South China Morning Post

 

[bongsaway]

We must divorce economically from China and have a much more adversarial/confrontational tone with them. The Chinese government is akin to the modern day Nazi's of our time and we have a moral obligation to oppose the regime, not to mention they also threaten our national security (and moreso our allies).

This should be done even if it causes some economic pain.

China will eventually defeat themselves politically. Being a manufacturing power and with technology going the way it is, the people of china will only stand for the kind of government they have for so long. Capitalism and dictatorships don't go together, one is going to die and I can't see the population of china going backwards to a dictatorship and farming.

 

[Dittohead not!]

China will eventually defeat themselves politically. Being a manufacturing power and with technology going the way it is, the people of china will only stand for the kind of government they have for so long. Capitalism and dictatorships don't go together, one is going to die and I can't see the population of china going backwards to a dictatorship and farming.

I can't see the population of China going back peacefully to the bad old days of Mao and his "great leaps forward."

and the prospect of a nation of a billion people falling into chaos is pretty scary.

 

[TU Curmudgeon]

If you aren't Chinese you should be.

Because you and the Chinese are impervious to debate, discourse, rational discussion.

The Chinese response to critique and criticism is to lecture, scold, berate, ie, to reject it immediately, outright, completely. To the rigid Chinese it matters not what the facts are or who is presenting the facts. Because the Chinese are always right, no one else knows anything, the Chinese know everything, and anyone who may think otherwise is impertinent toward their superiors, ie, the Chinese. The Chinese in their smug arrogance look down their nose at the world. This occurs however despite a thousands year history of one failed dynasty after another, each and every one, and a continuing chaos throughout their multiplicity of conquered fifedoms.

Your locked and loaded sophomoric view is rather narrow and specific however as it focuses only on Americans. White middle class Americans in particular. The common ground between your posts and the Chinese posing and posturing is classic, ie, the superiority complex that attempts to mask an inferiority that must be hidden and disguised. Yet while the Chinese respect Americans as formidable, you indict and dismiss Americans as know nothing idiots and morons. Your glib routine is that Americans are to be lectured, scolded, berated and put in our place. This is your fail and it is severe, ie, it places the always intellectually self arrested Chinese who are in a deep and constant cultural deficit ahead of you in the order of things.

Thank you for "puerile attempts at ad hominem insults - vol 2".

However, you do make one very valid point and that is that no meeting of the minds between the US government and the Chinese government is going to be possible until the US government actually acknowledges that "the Chinese psyche" and "the American psyche" are NOT identical and that the Chinese do NOT react to every move of the US government in exactly the same way that they would if they were Americans. The Chinese government is already aware of the fact that "the Chinese psyche" and "the American psyche" are NOT identical and that the Americans do NOT react to every move of the Chinese government in exactly the same way that they would if they were Chinese.

I am reminded of

You cannot understand the "American Psyche" unless you accept, and don't try to reconcile, two things - [1] it suffers from a quite undeserved inferiority complex, and [2] it suffers from an equally undeserved superiority complex. - 'Agent X89A' Cultural Differences - a Jaundiced View

and

You cannot understand the “Chinese Psyche” until you understand that the gloss you see is a veneer on a skin covering a wrapping around a core that may, or may not, be what you think it is. - op cit
​

 

[Tangmo]

Thank you for "puerile attempts at ad hominem insults - vol 2".

However, you do make one very valid point and that is that no meeting of the minds between the US government and the Chinese government is going to be possible until the US government actually acknowledges that "the Chinese psyche" and "the American psyche" are NOT identical and that the Chinese do NOT react to every move of the US government in exactly the same way that they would if they were Americans. The Chinese government is already aware of the fact that "the Chinese psyche" and "the American psyche" are NOT identical and that the Americans do NOT react to every move of the Chinese government in exactly the same way that they would if they were Chinese.

I am reminded of

You cannot understand the "American Psyche" unless you accept, and don't try to reconcile, two things - [1] it suffers from a quite undeserved inferiority complex, and [2] it suffers from an equally undeserved superiority complex. - 'Agent X89A' Cultural Differences - a Jaundiced View

and

You cannot understand the “Chinese Psyche” until you understand that the gloss you see is a veneer on a skin covering a wrapping around a core that may, or may not, be what you think it is. - op cit
​

I've lived and worked in the CCP-PRC now in my 10th year and you a nickle and dime torts lawyer in lower BC are presuming to try to lecture and scold me about China, Chinese people, Chinese culture, Chinese civilization; Chinese society, its economy and its financial system and much more about China and the Chinese people and their place.

Do continue :2rofll:

 

[Fledermaus]

I've lived and worked in the CCP-PRC now in my 10th year and you a nickle and dime torts lawyer in lower BC are presuming to try to lecture and scold me about China, Chinese people, Chinese culture, Chinese civilization; Chinese society, its economy and its financial system and much more about China and the Chinese people and their place.

Do continue :2rofll:

It is interesting that with all your supposed knowledge of Chinese history little old me was constantly correcting you on facts and countering much of your *ahem* interesting opinions...

 

[MauiMan]

Subscribe to read | Financial Times

Not a surprise at all. I said this would happen.

Trump has to get whatever he can from China, he can't keep the trade war going, as it's hurting his approval numbers bigtime, and scaring the hell out of Wall St.

Regardless of how things go when the trade teams meet next month, Trump will spin the meeting as great news, even if no progress is made on the important differences, and use his headline to delay this new October 15th tariff deadline, and then back away further from the trade war he started.

China is giving him an exit ramp and he's taking it.

EDIT: If you can't read the FT article because of cookies, you can read an identical one at the Hill here: Trump delays increase in China tariffs until Oct. 15 | TheHill

Note to mods: If that doesn't meet the criteria for the BN rules, feel free to retitle the thread with the Hill headline.

Trumps’s a fool. China is playing him like a fiddle. Get rid of the bozo!

 

[Tangmo]

Trumps’s a fool. China is playing him like a fiddle. Get rid of the bozo!

View attachment 67264015

Trump and Xi are two numbnuts taking each country to hell in a handbasket. While Trump and Peter Navarro in the WH keep making minor adjustments Xi is telling the people of the CCP People's Republic to begin a "Modern Long March." In other words Xi knows he's screwed...and that the People's people are both gobsmacked and dejected at how things have turned out under Xi.

Global markets continue meanwhile to tap their foot waiting for the inevitable "major economic adjustment" to the CCP-PRC economy that it hasn't had yet and that the Boyz in Beijing are chugging invariably right into. Global markets led by the US are poised to knock down the glass front doors into the biggest firesale in history. It's the only way to change China because they never learn over there.

The trade war is insane yes, however, it quite shook things loose around the Boyz and their Rube Goldberg schemes of economy, banking, finance, their Parker Bros. RMB play money and in the people's confidence in the Party to do things right. There's a lot of dejection in China these dayze. And it's because the Chinese know the USA is coming down on 'em instead of always going down for 'em.

 

[TU Curmudgeon]

I've lived and worked in the CCP-PRC now in my 10th year and you a nickle and dime torts lawyer in lower BC are presuming to try to lecture and scold me about China, Chinese people, Chinese culture, Chinese civilization; Chinese society, its economy and its financial system and much more about China and the Chinese people and their place.

Do continue :2rofll:

Thank you for "puerile attempts at ad hominem insults - vol 3".

 

[Captain America]

I'm waiting for people to realize what I think this is really all about.

Stock manipulation.

President Tweeter goes hard at China. Stocks drop. Trump and his rich cronies go out and buy stock at deflated prices. Trump back-tracks or makes nice with China. Cheap stocks go up in value again. The rich just got richer. Rinse and repeat.

 

[TU Curmudgeon]

Trump and Xi are two numbnuts taking each country to hell in a handbasket. While Trump and Peter Navarro in the WH keep making minor adjustments Xi is telling the people of the CCP People's Republic to begin a "Modern Long March." In other words Xi knows he's screwed...and that the People's people are both gobsmacked and dejected at how things have turned out under Xi.

Global markets continue meanwhile to tap their foot waiting for the inevitable "major economic adjustment" to the CCP-PRC economy that it hasn't had yet and that the Boyz in Beijing are chugging invariably right into. Global markets led by the US are poised to knock down the glass front doors into the biggest firesale in history. It's the only way to change China because they never learn over there.

The trade war is insane yes, however, it quite shook things loose around the Boyz and their Rube Goldberg schemes of economy, banking, finance, their Parker Bros. RMB play money and in the people's confidence in the Party to do things right. There's a lot of dejection in China these dayze. And it's because the Chinese know the USA is coming down on 'em instead of always going down for 'em.

To simplify (possibly a bit too much):

1. Mr. Xi is pushing "We are a great country. We are a great people. We are in a struggle. It will be hard work to win because we face a difficult adversary. If we all pitch in we can win. We will have to make some sacrifices to win, but we will win because we are willing to do what is needed and because we are willing to make the sacrifices needed to win. There may be setbacks, but we will overcome them because we will all work together."; while
   *
2. Mr. Trump is pushing "We are a great country. We are a great people. We are in a struggle. It will be easy to win because I am your leader. No one will have to do anything in order for us to win because I am your leader. No one will have to make any sacrifices to win, but we will win because we will win because I am your leader. There will be no setbacks because I am your leader.".

Of the two, the first is the more likely to be resilient.

 

[Dittohead not!]

Hong Kong and the trade war are Xi Jinping's area of responsibility as they are external and political. Now the obscure prime minister Li Keqiang and his cabinet of Party hacks have had to step in while Xi fades to the background. Xi will be the main figure of the 70th anniversary of the CCP-PRC October 1st so we can be sure he'll get plenty of flowers and praise. All of it will be inside his circle in Beijing of course.


Hong Kong protests and US trade war no longer China’s top priorities as spiralling pork prices dominate agenda

Vice-Premier Hu Chunhua heading Beijing’s efforts with latest data showing pork prices rose 46.7 per cent in August compared to a year earlier

Issue could even undermine next month’s 70th anniversary of the founding of the People’s Republic

China's State Council issued new guidelines on Tuesday urging local governments and various government departments to boost pork supply.

"Pig farming is an important industry that matters to the nation's plan and people's living. Pork is the main meat for most Chinese residents," said the State Council. “[Pork production] has significant meaning in terms of ensuring people's lives, stabilising prices, keeping stable economic operation and maintaining overall social stability.”

According to a leaked document on boosting pig and pork supply seen by the South China Morning Post, Hu [Chunhua vice-premier] told a national conference on August 30 that it was not only an economic but also a political imperative to ensure a sufficient supply of pork, a staple meat on every Chinese dinner table.

“If people can’t access or be able to afford pork, it will seriously affect the achievements of society and hurt the image of the party and the state,” said Hu, according to the document.

Hong Kong protests and US trade war no longer China’s top priorities as spiralling pork prices dominate agenda | South China Morning Post

I didn't know any of this until a friend who happens to be a veterinarian told me about it the other night. Here's the real reason why pork has become so expensive in China:


Swine Fever Is Killing Vast Numbers Of Pigs In China

An epidemic of African Swine Fever is sweeping through China's hog farms, and the effects are rippling across the globe, because China is a superpower of pork. Half of the world's pigs live in China — or at least they did before the epidemic began a year ago.

"Every day, we hear of more outbreaks," says Christine McCracken, a senior analyst at RaboResearch, which is affiliated with the global financial firm Rabobank.

 

[Tangmo]

I didn't know any of this until a friend who happens to be a veterinarian told me about it the other night. Here's the real reason why pork has become so expensive in China:


Swine Fever Is Killing Vast Numbers Of Pigs In China

Yes, the swine fever has been going on since the spring and some of it all year. Everyone in China knows about it. Most alarming though are the pig farmers who are dumping thousands of pig carcasses into the rivers same as they've always done through the dynasties. The Party-Government hasn't any capacity to deal with it which compounds the problem of course.

Most any Chinese who wants to buy a chunk of pork for a big family dinner with friends on the 70th anniversary of the CCP-PRC October 1st holiday might need a second mortgage to do it. As pork prices keep doubling fewer people of the People's Republic are buying pork. More people are buying lamb, chicken, duck and even beef, which is driving up demand for these foods and of course driving up the prices while the supply available decreases concomitantly.

Food retailers from fruit vendors to multi course restaurants can't change the price stickers fast enough. Food prices are going up, up and up. Somebody buys beef at an indoor supermarket and shoppers and employees alike figure you must be a billionaire. Beef has always been the most expensive meat in China and throughout East Asia but now -- as one Chinese homemaker said to a NYT reporter -- gold costs less to buy than beef does.

China must import food (to include animal feed) and lots of it because they can't grow anywhere near enough domestically yet the import food chain is busted or discombobulated due to the trade war. Chinese agriculture has two continuing fevers, one being communist party economics and the other being the polluted soil and water -- and also the air. A lot of farmland has been built on by commercial developments. They're so overpriced btw people snark justifiably that to buy anything of 'em you had to start saving during the Tang Dynasty.

 

[Tangmo]

Thank you for "puerile attempts at ad hominem insults - vol 3".

No problem thx. Anytime in fact.

It's not what I am doing anyway.

I am instead pointing out your invariably sophomoric posts.

To simplify (possibly a bit too much):

1. Mr. Xi is pushing "We are a great country. We are a great people. We are in a struggle. It will be hard work to win because we face a difficult adversary. If we all pitch in we can win. We will have to make some sacrifices to win, but we will win because we are willing to do what is needed and because we are willing to make the sacrifices needed to win. There may be setbacks, but we will overcome them because we will all work together."; while
   *
2. Mr. Trump is pushing "We are a great country. We are a great people. We are in a struggle. It will be easy to win because I am your leader. No one will have to do anything in order for us to win because I am your leader. No one will have to make any sacrifices to win, but we will win because we will win because I am your leader. There will be no setbacks because I am your leader.".

Of the two, the first is the more likely to be resilient.

Not quite and in fact not at all.

A major reason is that your intellectual and cultural translations suck. They are absent historical factors besides.

You presume to sit in North America in lower BC 'educating' Americans in China and in North America on every myth there is about each people, their ways, and their place. So all you do is to expose your intellectual fallacies and your cultural deficits. I just thought I'd remind you about it, that's all. A quick one. Because the record shows that a serious and sincere engagement with you is an absolute waste of time. The one thing you and the Chinese have in common is to never learn. You guys just keep digging instead.

 

[trouble13]

I didn't know any of this until a friend who happens to be a veterinarian told me about it the other night. Here's the real reason why pork has become so expensive in China:


Swine Fever Is Killing Vast Numbers Of Pigs In China

Dont forget also that at the start and throughout this trade war china made a calculated choice to try and damage Trump politically at home by slapping tariffs on our pork to the tune of 70%.

It may be true that a swine flue epidemic may be contributing to the pain they are feeling but it slso true that at least part of thier osin is self inflicted.

It would not surprise me if they are exagerating the impact of the swine flue on their crops to allow them to save face for coming to the table and negotiating a deal with Trump.

The thing everyone needs to watch is what the enforcement mechanism will be for any trade deal we make with them. My concern is that Trump is given what looks like a sweetheart deal on paper so he gets his political win but in reality china breaks the agreement and goes back to doing what they want free from any reprecussions.

US pork producers brace for new pork tariffs from China, Mexico

Sent from my SM-G965U using Tapatalk

 

[Ikari]

Trump is capitulating to China again, I see.

 

[TU Curmudgeon]

No problem thx. Anytime in fact.

It's not what I am doing anyway.

I am instead pointing out your invariably sophomoric posts.









Not quite and in fact not at all.

A major reason is that your intellectual and cultural translations suck. They are absent historical factors besides.

You presume to sit in North America in lower BC 'educating' Americans in China and in North America on every myth there is about each people, their ways, and their place. So all you do is to expose your intellectual fallacies and your cultural deficits. I just thought I'd remind you about it, that's all. A quick one. Because the record shows that a serious and sincere engagement with you is an absolute waste of time. The one thing you and the Chinese have in common is to never learn. You guys just keep digging instead.

Thank you for "puerile attempts at ad hominem insults - vol 4".

 

[Tangmo]

According to the South China Morning Post the US has won Trade War 1.0.

Three Chinese experts in Hong Kong co-wrote a piece yesterday analyzing the war and its impacts, stating the trade war will continue to have many phases and negative impacts on China.

Next comes Trade War 2.0.

To be continued and beyond.

President Donald Trump had two primary goals: to cut the US trade deficit with the world, with China in particular, and to force the relocation of supply chains and production out of China to weaken its long-term economic power.

For their part, the Chinese have been mostly playing defence, with their main objective to minimise damage to supply chains that have taken decades to build, while maintaining access to the US market. Because of this difference in aims, it has been in the interest of the US to delay the signing of an agreement, while China showed a strong desire to do an early deal, but to no avail.

Based on the results so far, Trump has largely won Trade War 1.0. There has been substantial relocation of production out of China, damaging its supply chains, though the American trade deficit with the world has continued to grow. The trade data demonstrates that there has been a significant relocation of production out of China and into Vietnam, Mexico, Taiwan, South Korea and Japan (each a US formal treaty ally or strategic partner).

Against this metric, Trump’s tariff strategy has not worked. However, the real goal behind the trade war was arguably not to reduce the overall US deficit, but to force relocation of production from China to other countries and to weaken the Chinese economy. Imports to the US are no longer coming from the cheapest sources – in many cases, China – but from the cheapest sources after tariffs are included.

Since much of the disruption to China’s supply chains has already been done, as the two sides enter the next phase of their dispute – Trade War 2.0 – their relative negotiating positions have switched: China is not as eager to reach an agreement since it is difficult for any such deal to reverse the damage.

Donald Trump won round one of the trade war. In round two, China has the upper hand | South China Morning Post


It is no secret I detest Trump overall yet Trump and his Trade Council Chairman in the WH Peter Navarro of UC and Harvard are showing how vulnerable China is and how weak and feeble the Boyz in Beijing are. Because Chinese values over the millennia are by design and purpose destructively opposed to USA values, I am most encouraged and positive about these very savvy developments.

 

[Tangmo]

Huawei founder Ren Zhengfei said the trade war has wiped out Huawei's growth. He said the company is currently losing $30 billion which brings its growth rate to date in 2019 to zero. Ren told Bloomberg Huawei could not possibly begin to recover growth until after 2021. In other words, never.

For China to have 5G it needs Google and Microsoft which are banned by the trade war. That's a very smart denial of Beijing's needs yet it's as obvious as all hell. The guy who deserves the credit is Peter Navarro of UC and Harvard who is Trump's chairman of the new Trade Council in the WH. Jared Kushner brought Navarro to the attention of Trump during the 2016 campaign. Trump told Kushner to find him someone who knows how to kick Beijing's ass.


Huawei delays sale of Mate 30 smartphones in Europe as trade ban bars access to Google apps, services

Huawei Technologies will delay sales of its newly launched Mate 30 smartphone series in Europe, the company’s biggest market outside China, because the handsets have no access to Google apps and services under a US trade ban.

Huawei has set no timetable for the availability of the Mate 30 in Europe.

The US trade ban on Huawei prevents the Chinese telecommunications equipment giant from selling its high-end devices with popular Google mobile services, such as Google Play and Google Maps. “The lack of Google apps would dramatically reduce the value and usability of Huawei’s new smartphones outside China,” said Bryan Ma, vice-president of client devices research at IDC. “It’s not easy to create a new ecosystem either, especially if Google doesn’t port its apps over.”

The delayed release of the Mate 30 in Europe, however, could further weaken Huawei’s position in that market, where it posted a 16 per cent drop in smartphone shipments in the second quarter, according to research firm Canalys. Rival Samsung Electronics recorded a 20 per cent increase in shipments in the same quarter to strengthen its position as Europe’s top smartphone vendor.

Huawei delays sale of Mate 30 smartphones in Europe as trade ban bars access to Google apps, services | South China Morning Post





And as reported by Bloomberg....

On Monday, billionaire Huawei founder Ren Zhengfei confirmed the company had endured about a 40% drop in smartphone shipments abroad, which a company spokesman said referred to a fall over the past month.

Ren expects Washington’s sanctions to curtail its overall revenue by about $30 billion over the coming two years, wiping out the networking giant’s growth.

Ren was surprised at the extent to which Washington attacked his corporation, he added. “We didn’t expect the damage to be this serious,” he told author-investor George Gilder and MIT Media Lab founder Nicholas Negroponte during a panel discussion in Shenzhen.

Bloomberg - Are you a robot?

Chinese in China had no idea what was coming. They figured they'd still had the USA wrapped around their pinky over there. Wrong, wrong, wrong. There's a new sheriff in town who is set on arresting China's malicious economic growth and malevolent plans and designs for a new world order. And to set 'em back a dozen or more years. And his name is Trump-Navarro.

 

[Tangmo]

Michael Pillsbury who is senior fellow and director of the Center for Chinese Strategy at the Hudson Institute of New York and Sydney is not boasting triumphalism when he too says Potus Trump has won the first round of the US trade war against the CCP-PRC Boyz in Beijing. Pillsbury is simply stating the facts as my references show in my posts above in the data elsewhere.

Pillsbury is an old China hand with the PLA in particular since he was Reagan's point man in implementing the Reagan Doctrine of foreign policy. He was special assistant to SecDef Cheney for Asian Affairs and he's served on four Senate committee staffs. Further, and as Pillsbury notes now, relations between USA and Beijing were good back then and for a long time after Reagan, but that in recent years PLA generals and colonels have become bellicose and high handed in their attitudes toward the US and its interlocutors.

So several years ago Pillsbury wrote a seminal book, The Hundred-Year Marathon: China's Secret Strategy to Replace America as the Global Superpower." He is also author or China Debates the Future Security Environment published by the National Defense University Press in Washington DC. Pillsbury likes Trump's trade war, of which he commends...


TheHill.com

Trump wins the first round in US-China trade war

...the boldness of President Trump’s demands for dramatic Chinese concessions that will painfully challenge all the core elements of China’s economic system and its links to the constitution of the Communist Party. If you consider the reverse image, it’s like a Chinese delegation of cabinet secretaries arriving in Washington and giving the U.S. two years to amend our Constitution and to give up our free-market economy.

This is not a new idea that his advisers recently pushed on him; President Trump’s ideas about China date back nearly two decades.

Trump’s concern with China dates back to a book he published in 2000 that stated, “in the long term China is our biggest challenge.” He returned to this theme in another book he published in 2015 called “Crippled America,” where he argued that, “As a matter of global American global policy, we want to take away China’s advantages.” He then laid out how to persuade China to do that: “When dealing with China, we need to tell them its bad business to take advantage of your best customer.”

Trump wins the first round in US-China trade war | TheHill


Which is how and why Peter Navarro from UC got put in charge of the WH new Trade Council and is masterminding the deconstruction of the China economy. In one of his own books about the CCP-PRC, Death By China, Navarro links Beijing's mercantile trade policy with direct funding of the PLA and the Party's armed forces. Navarro is right of course to say wreaking havoc on the economy and financial system of the CCP Dictator-Tyrants in Beijing will stunt the growth of the Party's armed forces and their capabilities.

 

[Tangmo]

The above and this in the trade war is driving the Boyz in Beijing nuts....

The document demanded that China immediately “cease providing market-distorting subsidies and other types of government support that can contribute to the creation or maintenance of excess capacity in the industries targeted by the Made in China 2025 industrial plan.”

And the leaked document asked China to ensure that American investors are “afforded fair, effective and nondiscriminatory market access and treatment,” adding that China must reduce “tariffs on all products in noncritical sectors to levels that are no higher than the levels of the United States’ corresponding tariffs.”

The U.S. briefing paper that at first leaked on the social-media site Weibo was deleted by Chinese government censors.

The U.S. side apparently demanded that China:

1.) drop its tariffs to match lower U.S. levels;

2.) eliminate limits on U.S. investment in specific industries;

3.) end cyberattacks on U.S. targets;

4.) strengthen intellectual property safeguards, and

5.) halt subsidies for advanced technology industries.

Trump wins the first round in US-China trade war | TheHill

We know Trump says a lot of things that are meaningless yet he perplexed the Boyz in Beijing this week when he said he doesn't need a trade deal before the election. The Boyz were certain Trump thought the opposite, ie, that Trump needed to grovel to make a trade deal before the election.

Meanwhile the Klutzes in Beijing cancelled trade delegation visits to farms in Nebraska and Montana after catching hell in USA they might be trying to interfere in the election. So now The Boyz don't know whether they're coming or going and they sometimes meet themselves on the way back. A month ago they thought Trump was going to lose reelection, yet now they're worried Trump might win. Of course Trump might win; Trump might lose too. The Boyz are thoroughly confused.

The one thingy they know for sure is that if Trump does win then they're really screwed. And if Trump loses they're screwed anyway. It's the long story of China's history, ie, between a rock and a hard place. After all every dynasty has failed so why should the present one be an exception -- the only exception. Because in China the more things change the more they remain the same. The only way to change China and the Chinese is with a 2x4 between the eyes. Eventually after that they should be able to see straight for the first time.

 

[MTAtech]

The above and this in the trade war is driving the Boyz in Beijing nuts....






We know Trump says a lot of things that are meaningless yet he perplexed the Boyz in Beijing this week when he said he doesn't need a trade deal before the election. The Boyz were certain Trump thought the opposite, ie, that Trump needed to grovel to make a trade deal before the election.

Meanwhile the Klutzes in Beijing cancelled trade delegation visits to farms in Nebraska and Montana after catching hell in USA they might be trying to interfere in the election. So now The Boyz don't know whether they're coming or going and they sometimes meet themselves on the way back. A month ago they thought Trump was going to lose reelection, yet now they're worried Trump might win. Of course Trump might win; Trump might lose too. The Boyz are thoroughly confused.

The one thingy they know for sure is that if Trump does win then they're really screwed. And if Trump loses they're screwed anyway. It's the long story of China's history, ie, between a rock and a hard place. After all every dynasty has failed so why should the present one be an exception -- the only exception. Because in China the more things change the more they remain the same. The only way to change China and the Chinese is with a 2x4 between the eyes. Eventually after that they should be able to see straight for the first time.

I see no evidence that Trump is gaining in popularity. Why would "they" think he was now going to win?

Demanding "cease providing market-distorting subsidies," goes both ways. We provide tax credits for certain products, like solar panels and electric cars. That distorts the market too.

The fact is that the trade war is going nothing good for either country. It isn't even lowering America's trade deficit, which is rising.

I really don't know that this post is arguing.

 

[Tangmo]

I see no evidence that Trump is gaining in popularity. Why would "they" think he was now going to win?

Demanding "cease providing market-distorting subsidies," goes both ways. We provide tax credits for certain products, like solar panels and electric cars. That distorts the market too.

The fact is that the trade war is going nothing good for either country. It isn't even lowering America's trade deficit, which is rising.

I really don't know that this post is arguing.

There's more than one page to the thread. And more than one post.

Kindly see my post #118 plse thx, most directly. A short answer is that the Chinese Boyz in Beijing don't know beans about democracy, the nature of it and how it works and doesn't work but of the vitality of democracy in particular.

The real object of the so called trade war is to reduce productivity in China and to degrade its supply chain. The decided consensus is that Trump has largely won Trade War 1.0.

The Boyz in Beijing had thought they could regain some initiative in Trade War 2.0 which is the leadup to the election, but now they see they're in rough shape for that too.

The rock and the hard place for the Boyz is that there isn't any agreement for 'em to sign that will repair the damage done to their productivity and supply chain accomplished by trade War 1.0. Trade War 2.0 might be looking even worse for 'em besides as my post #121 indicates.

Xi Jinpingpong has been lying low prepping for the October 1st 70th anniversary of the CCP-PRC which is a week long holiday. As with Trump, Xi has his slice of popular support that will never desert him, yet the general population are dejected and downcast that the USA has turned against 'em on Xi's watch.

At this point Xi doesn't have much energy going for him among the people of the People's Republic. Xi's core support are the fenqing who are generally looked down on by the mainstream Chinese. Fenqing are the Chinese deplorables. The fenqing are Xi's popular base at this point. So if things don't change soon for Xi and Trump -- and change radically -- the two of 'em might well get together and throw a pity party.