Trump delays tariff increase on request from China

[TU Curmudgeon]

And you think this is their last move? They've got food supply problems; that's miraculously just going to go away, right? But "Trump!:wicked:" :roll:

For some reason your monitor doesn't appear to display my sarcasm warnings.

Let me explain how this might well play out.

1. The Chinese say that they want to buy 5,000,000 tons of soybeans.
2. The US soybean farmers, being used to China buying 30,000,000 tons of soybeans, have better than 25,000,000 tons of soybeans in storage.
3. The US soybean farmers, being rather concerned that THEIR PERSONAL soybeans will not be amongst the 5,000,000 tons of soybeans that actually get sold start bidding against each other.
4. The bidding between the US soybean farmers drives the asking price for soybeans lower and lower.
5. Eventually the asking price for soybeans falls below the cost of production.
6. In order to prevent farm bankruptcies, the US government kicks in with "price stabilization" and "farm protection" payments that ensure that the US soybean farmers at least break even on growing soybeans.
7. When the Chinese government is convinced that it has driven the price of soybeans as low as it can drive it, it enters into contracts to buy MORE than 5,000,000 tons of soybeans from US soybean farmers (all at less than the cost of production).
8. The Chinese end up buying (just slightly) less American soybeans, but the US government -subsidizes- supports the soybean farming industry to prevent its collapse.
9. The US government uses American taxpayers' money to -subsidize- support the soybean farming industry and the Chinese end up having their purchases partly paid for with American taxpayers' money.
10. The US government either gets that American taxpayers' money from YOU or it cuts services available to all Americans so that the Chinese can have cheap American soybeans.

This is what is known as "negotiating from a position of strength" and is not to be confused with "twitter statements".

 

[TU Curmudgeon]

Too many of you hoping for economic doom of the United States in our trade dispute with China. Some kind of weird admiration for the communist state or just hatred of the US.

When you watch a Roadrunner[sup]©[/sup] cartoon, do you HOPE that President Wile E. Coyote's latest scheme is going to blow up in his face or do you KNOW that President Wile E. Coyote's latest scheme is going to blow up in his face?

 

[TU Curmudgeon]

Trump ready to agree to an interim deal which would leave us only 50% worse off than we were before he started his trade wars, instead of clawing at the walls of the bottomless pit that he was throwing America into.

If the alternative to

• an "interim deal which would leave us only 50% worse off than we were before"

is

• a permanent deal which would leave the US 100% worse off than it was before,

doesn't negotiating the interim deal count as a "really biggley win" for Mr. Trump world's greatest negotiating skills?

 

[Amelia]

If the alternative to

• an "interim deal which would leave us only 50% worse off than we were before"

is

• a permanent deal which would leave the US 100% worse off than it was before,

doesn't negotiating the interim deal count as a "really biggley win" for Mr. Trump world's greatest negotiating skills?

He and his supporters will say so, so it must be true.

 

[Bullseye]

For some reason your monitor doesn't appear to display my sarcasm warnings.

Let me explain how this might well play out.

1. The Chinese say that they want to buy 5,000,000 tons of soybeans.
2. The US soybean farmers, being used to China buying 30,000,000 tons of soybeans, have better than 25,000,000 tons of soybeans in storage.
3. The US soybean farmers, being rather concerned that THEIR PERSONAL soybeans will not be amongst the 5,000,000 tons of soybeans that actually get sold start bidding against each other.
4. The bidding between the US soybean farmers drives the asking price for soybeans lower and lower.
5. Eventually the asking price for soybeans falls below the cost of production.
6. In order to prevent farm bankruptcies, the US government kicks in with "price stabilization" and "farm protection" payments that ensure that the US soybean farmers at least break even on growing soybeans.
7. When the Chinese government is convinced that it has driven the price of soybeans as low as it can drive it, it enters into contracts to buy MORE than 5,000,000 tons of soybeans from US soybean farmers (all at less than the cost of production).
8. The Chinese end up buying (just slightly) less American soybeans, but the US government -subsidizes- supports the soybean farming industry to prevent its collapse.
9. The US government uses American taxpayers' money to -subsidize- support the soybean farming industry and the Chinese end up having their purchases partly paid for with American taxpayers' money.
10. The US government either gets that American taxpayers' money from YOU or it cuts services available to all Americans so that the Chinese can have cheap American soybeans.

This is what is known as "negotiating from a position of strength" and is not to be confused with "twitter statements".

LOL, I salute you for your dexterity in trying to undermine anything that could be seen in a positive light for Trump. You are a true creative spin spewer.

 

[TU Curmudgeon]

LOL, I salute you for your dexterity in trying to undermine anything that could be seen in a positive light for Trump. You are a true creative spin spewer.

I spent many years of my life being paid to come up with "worst case scenarios" and/or predicting what opponents were most likely to do and/or finding ways to do things that had to be done but which "couldn't (for various reasons) be done". I don't claim that I was never wrong and I don't claim that I was never surprised, but my accuracy level and success level was sufficient to keep people paying me good money to do what I did best.

PS - If you think that there isn't a single person in the government of the PRC who could have come up with that list, you are sadly mistaken.

PPS - If you think that the guiding (albeit unexpressed) thought behind the US negotiations is NOT "Oh they'd never do THAT." when confronted with scenarios like the one in my post, you are also sadly mistaken.

 

[Bullseye]

I spent many years of my life being paid to come up with "worst case scenarios" and/or predicting what opponents were most likely to do and/or finding ways to do things that had to be done but which "couldn't (for various reasons) be done". I don't claim that I was never wrong and I don't claim that I was never surprised, but my accuracy level and success level was sufficient to keep people paying me good money to do what I did best.

PS - If you think that there isn't a single person in the government of the PRC who could have come up with that list, you are sadly mistaken.

PPS - If you think that the guiding (albeit unexpressed) thought behind the US negotiations is NOT "Oh they'd never do THAT." when confronted with scenarios like the one in my post, you are also sadly mistaken.

Hurt your shoulder patting yourself on the back? But, back to me original point; do you claim your comments on this topic are based on the professionalism you tout above undiluted by your Trumpophobia? And no, I'm not in the market for any bridges.

 

[TU Curmudgeon]

Hurt your shoulder patting yourself on the back? But, back to me original point; do you claim your comments on this topic are based on the professionalism you tout above undiluted by your Trumpophobia? And no, I'm not in the market for any bridges.

I have absolutely nothing against Mr. Trump personally. (Mind you I wouldn't leave him alone with my daughter.)

I would be opposing the actions that Mr. Trump is taking if they were being taken by Ms. Clinton (or even by Yeshua bar Yosef bin Nazaret himself).

I made a good living by being accurate around 80% of the time in a field where the average accuracy rating was approximately 50%. That still means that 20% of the time I am going to be wrong. It also means that you can make quite a bit of money betting on me being right it the bookies are offering even odds.

A repeat my previous

If you think that there isn't a single person in the government of the PRC who could have come up with that list, you are sadly mistaken.

If you think that the guiding (albeit unexpressed) thought behind the US negotiations is NOT "Oh they'd never do THAT." when confronted with scenarios like the one in my post, you are also sadly mistaken.​

Would you like to bet that there isn't a single person in the government of the PRC who could have come up with that list?

Would you like to bet that the guiding (albeit unexpressed) thought behind the US negotiations is NOT "Oh they'd never do THAT." when confronted with scenarios like the one in my post?

If your answer to either of those two questions is "Yes." then there are openings available for advisors to the President of the United States of America right now and you should apply immediately.

 

[Bullseye]

I have absolutely nothing against Mr. Trump personally. (Mind you I wouldn't leave him alone with my daughter.)

I would be opposing the actions that Mr. Trump is taking if they were being taken by Ms. Clinton (or even by Yeshua bar Yosef bin Nazaret himself).

I made a good living by being accurate around 80% of the time in a field where the average accuracy rating was approximately 50%. That still means that 20% of the time I am going to be wrong. It also means that you can make quite a bit of money betting on me being right it the bookies are offering even odds.

A repeat my previous

If you think that there isn't a single person in the government of the PRC who could have come up with that list, you are sadly mistaken.

If you think that the guiding (albeit unexpressed) thought behind the US negotiations is NOT "Oh they'd never do THAT." when confronted with scenarios like the one in my post, you are also sadly mistaken.​

Would you like to bet that there isn't a single person in the government of the PRC who could have come up with that list?

Would you like to bet that the guiding (albeit unexpressed) thought behind the US negotiations is NOT "Oh they'd never do THAT." when confronted with scenarios like the one in my post?

If your answer to either of those two questions is "Yes." then there are openings available for advisors to the President of the United States of America right now and you should apply immediately.

Sure, tell yourself whatever you need to. :roll:

 

[Tangmo]

In the US, the Chinese firms were allowed to compete with American firms under the American imposed rules. In the PRC, the American firms were allowed to compete with Chinese firms under the Chinese imposed rules. Changes to "the rules" (in either country) were negotiated between the governments of the two countries. If one of those countries was more eager to "buy X" than the other was to "sell X" then the prices of "X" - naturally differed between the two countries.

The American companies wanted access to the Chinese market more than the Chinese companies wanted access to the US market, so (under the law of supply and demand) the cost of buying access to the Chinese market was higher than the cost of buying access to the US market.

Regardless of "degree of access", the sole factor that determines a trade balance is whether "A" sells more to "B" than "A" buys from "B". The US simply doesn't have as much stuff to sell that the Chinese want to buy (at the prices the Americans want to be paid) as the Chinese have of stuff to sell that the Americans want to buy (at the prices the Chinese want to be paid).

Tell us more about how the Boyz in Beijing run a market economy that plays by the book and the rules. :lamo

I haven't laughed this hard reading anyone's posts in a couple of weeks. :2rofll:

So let's talk realities instead rather than pump out vacuous nonsense that's a fail in its intended purpose to pump up the self.

Because the RMB just hit 7 to the USD$ due to the trade war, which is the worst RMB-Dollar ratio and value for the Boyz since the GW presidency. Trump had Treasury declare the Boyz to be currency manipulators -- not done since Clinton in 1994 -- which puts the IMF on 'em too. Indeed, no matter how hard the Boyz try and try and try, they can't make the RMB stable, reliable, dependable -- credible.

The Boyz debt to GDP ratio finally blew its lid this year by hitting 303%. That is $40 Trillion of debt. The Boyz forex reserves to include USD$ value are $3 Trillion which lights up a big flashing sign that says INSOLVENT. Because while the US debt is $21 Trillion the USD$ remains as good as gold (as absurd as it sounds, it is true). The Boyz however keep getting their RMB from Parker Bros. same as they've always done with their own domestic monopoly money. So now the Boyz have leveraged their Parker Bros. banking system and economy by 13x.

In 2015 and 2016 after two equity market crashes that ripped $5 Trillion out of the people's pockets the Boyz had to move $1 Trillion out of their foreign currency reserves to stop the RMB turning into Wiemar paper. Without USD$ in the Party's central bank btw the RMB goes Wiemar.

Included in the Boyz equity market crash forex firesale was $500 billion of US Treasuries sold overnight on the global markets with no effect on the USD or the US financial system or economy -- zero effect as many of us fully knew would be the case. The Boyz firesale went so smoothly even you didn't notice it. And you still haven't any clue while you do your nickel and dime torts lawyering up there in lower BC.

With the RMB at 7:1 and still counting the Boyz will need to take the torch to their forex again. The Boyz forex is already down from $3.8 Trillion before the firesale to $3.1 Trillion today. Those old dayze of the $3.8 Trillion are gone and they're gone forever. The Boyz in fact are currently looking at another $1 Trillion forex firesale to support the present RMB in decline. That will take the present leveraging ratio of 13x to 20x.

China is not going to have a Lehman Bros. Moment because the Boyz pump too much smoke around too many mirrors to allow a Lehman Moment to occur. With China it is a slow grinding down to eventually fall off the precipice, down and out. Trump knows this as does his Trade Council chairman Peter Navarro of UC and his Harvard degrees in economics. The Boyz need stability while Trump and Navarro are a wrecking crew.

The real hit to the Chinese however is the psychological one, ie, the Boyz and their people are stunned and mortified that the USA is not their sucker punch friend any more. Those dayze are definitely gone forever no matter who is potus. Moreover, while Trump has an election coming up, Xi could be gone tomorrow due to his massive bungling of the steadily declining economy to include the trade war. As the old China hand Perry Link at UC put it long ago, "Xi Jinping is a man of modest intellectual gifts."

 

[Dittohead not!]

And you think this is their last move? They've got food supply problems; that's miraculously just going to go away, right? But "Trump!:wicked:" :roll:

Oh, no, of course that's not their last move:

China Ramps Up Brazil Soybean Imports, Rebuffing U.S. Crops

China approves wheat, soy imports from Russia

No need to worry about starving Chinese.

 

[Tangmo]

Oh, no, of course that's not their last move:

China Ramps Up Brazil Soybean Imports, Rebuffing U.S. Crops

China approves wheat, soy imports from Russia

No need to worry about starving Chinese.

I wouldn't be surprised if Chinese in Brazil were using RMB as firestarter to burn down the rainforest.

The Amazon rainforest could be the greatest casualty of the trade war between the United States and China, warns a new study showing how deforestation pressures have surged as a result of the geopolitical jolt in global soy markets.

Up to 13m hectares of forest and savannah – an area the size of Greece – would have to be cleared if Brazil and other exporters were to fill the huge shortfall in soy supply to China that has suddenly appeared since Donald Trump imposed hefty tariffs, according to the paper published in Nature.

US-China soy trade war could destroy 13 million hectares of rainforest | Environment | The Guardian

It epitomises China’s position in the global economy that a seismic warning about its health last week came from a US company: Apple. The iPhone maker cut sales forecasts, citing the unforeseen “magnitude” of the economic slowdown in China – a vital growth market. At the same time the head of Baidu, China’s biggest search engine, warned his employees that “winter is coming” in the world’s second-largest economy.

China’s central bank said on Friday it was cutting the amount of cash that banks have to hold as reserves for the fifth time in a year, freeing up $116bn (£92bn) for new lending, as it tried to reduce the risk of a sharp economic slowdown.

China feels the squeeze of Trump’s trade war as more tariffs loom | Business | The Guardian

 

[Tangmo]

Xi Jinpingpong has called on the people of the CCP People's Republic to begin a "Modern Long March" in the trade war during a national tour to boost plunging morale among the Chinese who are stunned and dejected that the USA has changed its policy toward China to one of containment and the degradation of its economy. The Chinese people don't like this at all. While the Chinese people themselves know Trump is an irregular USA president, they also know Xi is helpless in navigating the trade war and its many strong negative impacts on the people of the CCP-PRC.

Since Xi came to power in 2013 economic growth is in fact between 2% and 4%, not the official government figures in the 6% range. Chinese people know this, ie, Xi's economics are a failure. Xi meanwhile hands away billions of dollars to dictators in Africa and Xi and his gang pocket billions ostensibly intended for a belt and road that is rejected across Asia as a Beijing "debt trap."


Xi wore his usual plastered on smiley face as he told the people of the People's Republic to begin a "Modern Long March" in the trade war. Xi's position and standing with the people of the People's Republic is "precarious" at best as almost nothing has been going right.


China's Xi Jinping warns of new 'long march' as trade war with US intensifies

BEIJING (NYTIMES) - President Xi Jinping of China called for the Chinese people to "start again" and begin a modern "long march," invoking a turning point in Communist Party history as the country braces for a protracted trade war with the United States.

"Now there is a new long march, and we should make a new start," Mr Xi told a cheering crowd on Monday (May 20) in Jiangxi province as he started a domestic tour that is seen as an attempt to rally the nation as trade tensions with the United States escalate.

Mr Xi was accompanied by his top trade negotiator Liu He as he made the remarks at the historic site of the start of Mao Zedong's Long March of 1934. The Long March was a 6,000-km long military retreat by the Red Army, the forerunner of the People's Liberation Army, that took more than a year and would ultimately lead to the ousting of the Kuomintang nationalists 15 years later.

The Chinese state media has ratcheted up nationalistic rhetoric in the last few days, comparing the trade war to the Korean War, during which Chinese troops were in direct combat with US forces.

Over the weekend China's national movie channel, CCTV-6, ran back-to-back films about the Korean War, saying that the footage was "echoing present times." The takeaway from these films for many Chinese is that "there's no equal negotiation without fighting," Mr Hu Xijin, the editor of Global Times, a newspaper owned by the Communist Party, wrote on Twitter.

China's Xi Jinping warns of new 'long march' as trade war with US intensifies, East Asia News & Top Stories - The Straits Times

 

[TU Curmudgeon]

Tell us more about how the Boyz in Beijing run a market economy that plays by the book and the rules. :lamo

The government of the PRC runs a CHINESE "market economy" that plays by the CHINESE "rules".

The "Boyz in DC" (to crib a label) run an AMERICAN "market economy" that plays by the AMERICAN "rules".

In case you missed it, the "Boys in DC" are NOT the government of the PRC and China is NOT the United States of America. What that means is that the "Boyz in DC" don't get to set the "rules" in China and the government of the PRC doesn't get to set the "rules" in the US.

Because the RMB just hit 7 to the USD$ due to the trade war, which is the worst RMB-Dollar ratio and value for the Boyz since the GW presidency. Trump had Treasury declare the Boyz to be currency manipulators -- not done since Clinton in 1994 -- which puts the IMF on 'em too.

Indeed, and if Mr. Trump declared that the Sun rose in the West, the rest of the world would have to go along with it too.

Indeed, no matter how hard the Boyz try and try and try, they can't make the RMB stable, reliable, dependable -- credible.

Did you know that the value of the US dollar is NOT a constant either?

The Boyz debt to GDP ratio finally blew its lid this year by hitting 303%. That is $40 Trillion of debt. The Boyz forex reserves to include USD$ value are $3 Trillion which lights up a big flashing sign that says INSOLVENT. Because while the US debt is $21 Trillion the USD$ remains as good as gold (as absurd as it sounds, it is true). The Boyz however keep getting their RMB from Parker Bros. same as they've always done with their own domestic monopoly money. So now the Boyz have leveraged their Parker Bros. banking system and economy by 13x.

I think that I'll go with the 2019 figures as set out in "Debt to GDP Ratio by Country 2019" that say that the PRC "Debt/GDP" ratio is 54.44% and the US "Debt/GDP" ratio is 109.45%. That being the case, there really isn't any point in responding to "points" that are based on faulty "facts" - is there?

... while you do your nickel and dime torts lawyering up there in lower BC.

Or puerile attempts at ad hominem insults either.

China is not going to have a Lehman Bros. Moment because the Boyz pump too much smoke around too many mirrors to allow a Lehman Moment to occur. With China it is a slow grinding down to eventually fall off the precipice, down and out. Trump knows this as does his Trade Council chairman Peter Navarro of UC and his Harvard degrees in economics. The Boyz need stability while Trump and Navarro are a wrecking crew.

You have actually said something that I agree with. Of course, what I agree with it almost the exact opposite of what you intended your words to convey.

The real hit to the Chinese however is the psychological one, ie, the Boyz and their people are stunned and mortified that the USA is not their sucker punch friend any more.

Indeed, that is what "Claque Trump" wants you to believe and (for all I know) may well be what the government of the PRC wants you to believe as well.

Those dayze are definitely gone forever no matter who is potus.

See above.

Moreover, while Trump has an election coming up, Xi could be gone tomorrow due to his massive bungling of the steadily declining economy to include the trade war.

Both true. Of course the relative likelihood of the two varies considerably.

As the old China hand Perry Link at UC put it long ago, "Xi Jinping is a man of modest intellectual gifts."

I could be snarky and say "Well, 'modest' is better than 'next to no'." but I won't.

 

[TU Curmudgeon]

Oh, no, of course that's not their last move:

China Ramps Up Brazil Soybean Imports, Rebuffing U.S. Crops

China approves wheat, soy imports from Russia

No need to worry about starving Chinese.

You can toss "Will pork imports from Denmark and Brazil save China’s bacon after African swine fever hits supplies?" into the mix as well.

It appears that the Chinese have answered the question "Is it better for China to become more dependant on a source of supply that is undependable (to say nothing of 'hostile') or should China diversify its supply chain by buying more from other sources that are more dependable (and not 'hostile')?" by picking the second alternative.

I have absolutely no idea why the Chinese should make such a silly choice, do you?

 

[TU Curmudgeon]

I wouldn't be surprised if Chinese in Brazil were using RMB as firestarter to burn down the rainforest.

All of a sudden you have become a "Tree-hugging Global Warming Danger" convert have you?

 

[TU Curmudgeon]

Xi Jinpingpong has called on the people of the CCP People's Republic to begin a "Modern Long March" in the trade war during a national tour to boost plunging morale among the Chinese who are stunned and dejected that the USA has changed its policy toward China to one of containment and the degradation of its economy. The Chinese people don't like this at all. While the Chinese people themselves know Trump is an irregular USA president, they also know Xi is helpless in navigating the trade war and its many strong negative impacts on the people of the CCP-PRC.

Since Xi came to power in 2013 economic growth is in fact between 2% and 4%, not the official government figures in the 6% range. Chinese people know this, ie, Xi's economics are a failure. Xi meanwhile hands away billions of dollars to dictators in Africa and Xi and his gang pocket billions ostensibly intended for a belt and road that is rejected across Asia as a Beijing "debt trap."


Xi wore his usual plastered on smiley face as he told the people of the People's Republic to begin a "Modern Long March" in the trade war. Xi's position and standing with the people of the People's Republic is "precarious" at best as almost nothing has been going right.

Thank you for posting the latest version of the currently operative, officially sanctioned, "Claque Trump" approved, truth-of-the-day.

Now, would you like to do something interesting like post the relative approval ratings (JAN 2017 to date, inclusive) for Messrs Trump and XI?

 

[Tangmo]

The government of the PRC runs a CHINESE "market economy" that plays by the CHINESE "rules".

The "Boyz in DC" (to crib a label) run an AMERICAN "market economy" that plays by the AMERICAN "rules".

In case you missed it, the "Boys in DC" are NOT the government of the PRC and China is NOT the United States of America. What that means is that the "Boyz in DC" don't get to set the "rules" in China and the government of the PRC doesn't get to set the "rules" in the US.



Indeed, and if Mr. Trump declared that the Sun rose in the West, the rest of the world would have to go along with it too.



Did you know that the value of the US dollar is NOT a constant either?



I think that I'll go with the 2019 figures as set out in "Debt to GDP Ratio by Country 2019" that say that the PRC "Debt/GDP" ratio is 54.44% and the US "Debt/GDP" ratio is 109.45%. That being the case, there really isn't any point in responding to "points" that are based on faulty "facts" - is there?



Or puerile attempts at ad hominem insults either.



You have actually said something that I agree with. Of course, what I agree with it almost the exact opposite of what you intended your words to convey.



Indeed, that is what "Claque Trump" wants you to believe and (for all I know) may well be what the government of the PRC wants you to believe as well.



See above.



Both true. Of course the relative likelihood of the two varies considerably.



I could be snarky and say "Well, 'modest' is better than 'next to no'." but I won't.

Thank you for the amusement ride.

It wasn't worth the price however even though it was for free.

All of a sudden you have become a "Tree-hugging Global Warming Danger" convert have you?

For this one you might need to discount on your free admission ticket.

Thank you for posting the latest version of the currently operative, officially sanctioned, "Claque Trump" approved, truth-of-the-day.

Now, would you like to do something interesting like post the relative approval ratings (JAN 2017 to date, inclusive) for Messrs Trump and XI?

If Xi and the Party Boyz did polling of their popularity among the people of the People's Republic of the CCP I'd be confident they'd hire Rasmussen. But they don't do that. (Pew has been commissioned to research attitudes in general, but never a citizen critique of the leader and leadership.) Xi still hasn't done anything right since coming to power in 2013 and the Chinese people fear they've gone off the established track following him. Xi's already had two separate and unsuccessful coup attempts against him by one top general of PLA and then another top general. The powerful leader of Chongching in the southwest is in prison for his failed political coup. Xi's position is precarious which is why he and his clique in power appointed him emperor for life. At this point however no one really knows what "for life" means. I am in China and my Chinese friends keep me apprised thx for asking even if you didn't.

 

[Bullseye]

Oh, no, of course that's not their last move:

China Ramps Up Brazil Soybean Imports, Rebuffing U.S. Crops

China approves wheat, soy imports from Russia

No need to worry about starving Chinese.

Tell that to the Chinese leaders. You do realize that Bloomberg article is over a month old, right? The world moves, Ditto.

 

[TU Curmudgeon]

If Xi and the Party Boyz did polling of their popularity among the people of the People's Republic of the CCP I'd be confident they'd hire Rasmussen. But they don't do that. (Pew has been commissioned to research attitudes in general, but never a citizen critique of the leader and leadership.)

In short "No I don't have anything that even looks like verifiable data to back up my claims".

Thanks for clearing that up.

Xi still hasn't done anything right since coming to power in 2013 and the Chinese people fear they've gone off the established track following him. Xi's already had two separate and unsuccessful coup attempts against him by one top general of PLA and then another top general.

Now that's interesting - especially since there is absolutely no verifiable information to establish that it is true.

The powerful leader of Chongching in the southwest is in prison for his failed political coup.

Not actually having seen anything that actually looks like a "political coup" associated with Chongching, I suspect that you are referring to Bo Xilai who was charged, tried, and convicted of accepting bribes and abuses of power. You do know that the Chinese government is still attempting to confiscate a €6.95 (US$7.65) million villa in Cannes, bought and held for Bo through intermediaries - don't you?

You do realize that there is absolutely no honest way that Mr. Bo could have accumulated US$7,650,000 - don't you?

Xi's position is precarious which is why he and his clique in power appointed him emperor for life.

Indeed, his position is so precarious that he succeeded in (effectively) being able to stay in charge for as long as he wanted to stay in charge.

At this point however no one really knows what "for life" means.

One never does.

I am in China and my Chinese friends keep me apprised thx for asking even if you didn't.

If you are not aware that the Chinese have a history of telling Americans what Americans want to believe - even if what the Americans want to believe has no connection with reality - that stretches in an unbroken line back to the arrival of the first Americans in China, your education is sorely lacking.

While I completely agree that your Chinese friends are telling you those things, and that you completely believe what your Chinese friend are telling you, if you believe that absolutely none of your Chinese friends are actually government agents who are feeding you the "information" that the Chinese government wants you to have, then you probably have one of the highest "Credulity Ratings" on DP.

 

[Dittohead not!]

Tell that to the Chinese leaders. You do realize that Bloomberg article is over a month old, right? The world moves, Ditto.

Sure, the trade war is so last month. What's happening today?

 

[Tangmo]

In short "No I don't have anything that even looks like verifiable data to back up my claims".

Thanks for clearing that up.



Now that's interesting - especially since there is absolutely no verifiable information to establish that it is true.



Not actually having seen anything that actually looks like a "political coup" associated with Chongching, I suspect that you are referring to Bo Xilai who was charged, tried, and convicted of accepting bribes and abuses of power. You do know that the Chinese government is still attempting to confiscate a €6.95 (US$7.65) million villa in Cannes, bought and held for Bo through intermediaries - don't you?

You do realize that there is absolutely no honest way that Mr. Bo could have accumulated US$7,650,000 - don't you?




Indeed, his position is so precarious that he succeeded in (effectively) being able to stay in charge for as long as he wanted to stay in charge.




One never does.




If you are not aware that the Chinese have a history of telling Americans what Americans want to believe - even if what the Americans want to believe has no connection with reality - that stretches in an unbroken line back to the arrival of the first Americans in China, your education is sorely lacking.

While I completely agree that your Chinese friends are telling you those things, and that you completely believe what your Chinese friend are telling you, if you believe that absolutely none of your Chinese friends are actually government agents who are feeding you the "information" that the Chinese government wants you to have, then you probably have one of the highest "Credulity Ratings" on DP.

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.

 

[Fledermaus]

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.

Poor, poor Tangmo...

TU has attacked your points. Points that have nothing to back them up (as usual). Your response are insults and reiteration of disproven talking points.

You really can't stand being proven wrong.

Cue another Cadets post where you can lick your wounds.

 

[Tryingtogetit]

Xi Jinpingpong has called on the people of the CCP People's Republic to begin a "Modern Long March" in the trade war during a national tour to boost plunging morale among the Chinese who are stunned and dejected that the USA has changed its policy toward China to one of containment and the degradation of its economy. The Chinese people don't like this at all. While the Chinese people themselves know Trump is an irregular USA president, they also know Xi is helpless in navigating the trade war and its many strong negative impacts on the people of the CCP-PRC.

Since Xi came to power in 2013 economic growth is in fact between 2% and 4%, not the official government figures in the 6% range. Chinese people know this, ie, Xi's economics are a failure. Xi meanwhile hands away billions of dollars to dictators in Africa and Xi and his gang pocket billions ostensibly intended for a belt and road that is rejected across Asia as a Beijing "debt trap."


Xi wore his usual plastered on smiley face as he told the people of the People's Republic to begin a "Modern Long March" in the trade war. Xi's position and standing with the people of the People's Republic is "precarious" at best as almost nothing has been going right.


China's Xi Jinping warns of new 'long march' as trade war with US intensifies

BEIJING (NYTIMES) - President Xi Jinping of China called for the Chinese people to "start again" and begin a modern "long march," invoking a turning point in Communist Party history as the country braces for a protracted trade war with the United States.

"Now there is a new long march, and we should make a new start," Mr Xi told a cheering crowd on Monday (May 20) in Jiangxi province as he started a domestic tour that is seen as an attempt to rally the nation as trade tensions with the United States escalate.

Mr Xi was accompanied by his top trade negotiator Liu He as he made the remarks at the historic site of the start of Mao Zedong's Long March of 1934. The Long March was a 6,000-km long military retreat by the Red Army, the forerunner of the People's Liberation Army, that took more than a year and would ultimately lead to the ousting of the Kuomintang nationalists 15 years later.

The Chinese state media has ratcheted up nationalistic rhetoric in the last few days, comparing the trade war to the Korean War, during which Chinese troops were in direct combat with US forces.

Over the weekend China's national movie channel, CCTV-6, ran back-to-back films about the Korean War, saying that the footage was "echoing present times." The takeaway from these films for many Chinese is that "there's no equal negotiation without fighting," Mr Hu Xijin, the editor of Global Times, a newspaper owned by the Communist Party, wrote on Twitter.

China's Xi Jinping warns of new 'long march' as trade war with US intensifies, East Asia News & Top Stories - The Straits Times

Unfortunately the people getting hurt the worst are the citizens of china...I support my President, I really dig in and researched what China was accused of doing and if the proof was there...it was...then I asked myself is it really that big of a deal....yes it actually is..its so sad though how the corrupt people at the top can be so selfish just to live there elite corrupt lives. And they are the last ones to suffer its sick

Sent from my SM-N950U1 using Tapatalk

 

[Tangmo]

The main meat in China has always been pork and the already rising prices doubled in August. The price of apples has doubled. The people of the People's Republic are definitely unhappy and discontented. Xi Jinping meanwhile has taken a low profile. Rather, Prime Minister Li Keqiang and his cabinet are fanning out across the country to find out the mood of the population. It ain't pretty.


A Slower Economy. A Trade War. Now, China Faces Rising Food Prices.

Pork and fruit are costing more even as Beijing reassures the public that supplies are plentiful.

Even a normally sanguine Li Keqiang, China’s premier, looked surprised when he visited a fruit vendor in the eastern province of Shandong. “It has gone up so high?” Mr. Li said after the vendor told him that the price of his apples had more than doubled since last year. Food prices are rising at a sensitive time. President Xi Jinping has signaled tough times ahead as tensions rise with the United States.

A Slower Economy. A Trade War. Now, China Faces Rising Food Prices. - The New York Times

A survey on China’s biggest social media platform by Phoenix Finance asked people to pick an explanation for the sudden surge in fruit prices. “I can’t afford eating now,” said one commenter. “Fruit is as expensive as gold.”

But more apple sellers were napping than hustling one recent afternoon. The price of apples had nearly doubled, to roughly $1 per pound, and people were spending their money elsewhere. “Whoever eats apples these days must be loaded,” said Li Tao, who has been selling apples for more than 20 years.

The price of pork jumped 14 percent compared with a year earlier, while broader food prices for consumers rose 6.1 percent, according to government statistics. Agriculture officials have warned that pork prices this year could go up by 70 percent. Just over a week ago, the average price of a group of seven types of fruit hit a nearly five-year high of 50 cents per pound, according to official statistics.

Beijing city economic officials said they were putting in place a contingency plan to deal with rising costs of grains and cooking oil in Beijing. The higher prices are beginning to spread to other foods. Higher pork prices have driven some restaurants and families to serve chicken, beef or lamb instead, pushing the price of these meats up.

A Slower Economy. A Trade War. Now, China Faces Rising Food Prices. - The New York Times

A trade war hurts both sides and everyone knows this, or everyone should be aware and informed of the fact. Yet, the advantage historically goes to the debtor nation over the creditor nation. That's USA vs CCP-PRC. Which is why it's almost always the debtor nation that starts a trade war. Yes, Trump has an election coming up yet Xi could be gone tomorrow given Xi has mucked up everything since taking power in 2013.

The war began when Beijing refused to put the trade agreements both sides made into its laws. Xi actually had basically no problem about making the agreement into CCP law. It was the Party hardliners who refused and muscled Xi to fight Trump and Trump's Trade Council Chairman Peter Navarro the China Killer. Now the Boyz in Beijing are pointing the finger at one another as the 70th anniversary approaches when they'll have to put on a happy face. Until the celebrations are over.