China’s economy…..done?

hal9000

Duke status
Jan 30, 2016
55,664
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Urbana, Illinois


 

LifeOnMars

Michael Peterson status
Jan 14, 2020
3,164
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your chinese overlords laugh at this FUD, smoke and mirrors for the incoming market collapse
 

Sharky

Phil Edwards status
Feb 25, 2006
6,828
9,062
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Their new hypersonic missiles are incoming. You have 30 seconds to live.

WOLVERINES!!!
 

Sharky

Phil Edwards status
Feb 25, 2006
6,828
9,062
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Look up.

Chinese military launched a rocket carrying a hypersonic glide vehicle that flew through low-orbit space, circling the globe before cruising towards its target, which it missed by about two dozen miles.

“The test showed that China had made astounding progress on hypersonic weapons and was far more advanced than US officials realized,” the report said, citing people briefed on the intelligence.
China’s ministry of defense did not immediately respond to a faxed request for comment from Reuters on Sunday.
:eek:
 
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Reactions: Sharkbiscuit

potato-nator

Phil Edwards status
Nov 10, 2015
6,066
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The Chinese govt will intervene and prop up the real estate mess.

DK about the Taiwan mess...

The Philippines are also at risk...
 

john4surf

Kelly Slater status
May 28, 2005
8,925
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CBS, CA
Received this from a pal...

In addition to the below, China yesterday tested (successfully) a nuclear capable hypersonic missile that is more advanced that US capabilities. This gives the Chinese a "first strike" ability which will embolden them in their global expansion, such as invading Taiwan, The day is coming.......soon.

Learn to speak Chinese
Source: Michael Snyder, Guest Post

In the future China will employ millions of American workers and dominate thousands of small communities all over the United States . Chinese acquisition of U.S. businesses set a new all-time record last year, and it is on pace to shatter that record this year.

The Smithfield Foods acquisition is an example. Smithfield Foods is the largest
pork producer and processor in the world.

· It has facilities in 26 U.S. states and
it employs tens of thousands of Americans.

· It directly owns 460 farms and
· has contracts with approximately 2,100 others.
But now a Chinese company has bought it for $ 4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America .

Thanks in part to our massively bloated trade deficit with China, the Chinese
have trillions of dollars to spend. They are only just starting to exercise
their economic muscle.

It is important to keep in mind that there is often not much of a difference
between “the Chinese government” and “Chinese corporations”.
In 2011, 43 percent of all profits in China were produced by companies where the Chinese government had a controlling interest in.
Last year a Chinese company spent $2.6 billion to purchase AMC entertainment – one of the largest movie theater chains in the United States. Now that Chinese company controls more movie ticket sales than anyone else in the world. (AND what movies can be shown)
But China is not just relying on acquisitions to expand its economic power.
“Economic beachheads” are being established all over America . For example,
Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on
a $100 million plant in Thomasville , Alabama. Many of the residents of Thomasville , Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on communist China .

And guess where else Chinese companies are putting down roots?
Detroit.
Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers. If you recently purchased an “American-made” vehicle, there is a really good chance that it has a number of Chinese parts in it. Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in the United States .

China seems particularly interested in acquiring energy resources in the United States. For example, China is actually mining for coal in the mountains of Tennessee. Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee. At the time, that acquisition really didn’t make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal.
And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries. Right now China is actually
building a city larger than Manhattan just outside Minsk , the capital of Belarus.


Are you starting to get the picture?
China is on the rise. If you doubt this, just read the following:
# When you total up all imports and exports, China is now the number one trading
nation on the entire planet.
# Overall, the U.S. has run a trade deficit with China over the past decade
that comes to more than 2.3 trillion dollars.
# China has more foreign currency reserves than anyone else on the planet.
# China now has the largest new car market in the entire world.
# China now produces more than twice as many automobiles as the United States
# After being bailed out by U.S. taxpayers, GM is involved in 11 joint ventures with
Chinese companies. They sell more cars in China than in the U.S.
# China is the number one gold producer in the world.
# The uniforms for the U.S. Olympic team were made in China.
# 85% of all artificial Christmas trees the world over are made in China.
# The new World Trade Center tower in New York is going to include glass imported
from China .
# China now consumes more energy than the United States does.
# China is now in aggregate the leading manufacturer of all goods in the entire world.
# China uses more cement than the rest of the world combined.
# China is now the number one producer of wind and solar power on the entire globe.
# China produces 3 times as much coal and 11 times as much steel as the U.S. does.
# China produces more than 90 percent of the global supply of rare earth elements.
# China is now the number one supplier of components that are critical to the operation of any national defense system.!!!!
# In published scientific research articles China is expected to become number one in the world very shortly.

And what we have seen so far may just be the tip of the iceberg.
For now, I will just leave you with one piece of advice -
learn to speak Chinese.
 

Ifallalot

Duke status
Dec 17, 2008
88,305
17,589
113


Seems like psy-op by the Western MSM to make China seem weak after the hypersonic missile tests

Or China released info on the hypersonic missile tests due to this being fact that they are struggling
 

hal9000

Duke status
Jan 30, 2016
55,664
16,359
113
Urbana, Illinois
Received this from a pal...

In addition to the below, China yesterday tested (successfully) a nuclear capable hypersonic missile that is more advanced that US capabilities. This gives the Chinese a "first strike" ability which will embolden them in their global expansion, such as invading Taiwan, The day is coming.......soon.

Learn to speak Chinese
Source: Michael Snyder, Guest Post

In the future China will employ millions of American workers and dominate thousands of small communities all over the United States . Chinese acquisition of U.S. businesses set a new all-time record last year, and it is on pace to shatter that record this year.

The Smithfield Foods acquisition is an example. Smithfield Foods is the largest
pork producer and processor in the world.

· It has facilities in 26 U.S. states and
it employs tens of thousands of Americans.

· It directly owns 460 farms and
· has contracts with approximately 2,100 others.
But now a Chinese company has bought it for $ 4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America .

Thanks in part to our massively bloated trade deficit with China, the Chinese
have trillions of dollars to spend. They are only just starting to exercise
their economic muscle.

It is important to keep in mind that there is often not much of a difference
between “the Chinese government” and “Chinese corporations”.
In 2011, 43 percent of all profits in China were produced by companies where the Chinese government had a controlling interest in.
Last year a Chinese company spent $2.6 billion to purchase AMC entertainment – one of the largest movie theater chains in the United States. Now that Chinese company controls more movie ticket sales than anyone else in the world. (AND what movies can be shown)
But China is not just relying on acquisitions to expand its economic power.
“Economic beachheads” are being established all over America . For example,
Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on
a $100 million plant in Thomasville , Alabama. Many of the residents of Thomasville , Alabama will be glad to have jobs, but it will also become yet another community that will now be heavily dependent on communist China .

And guess where else Chinese companies are putting down roots?
Detroit.
Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers. If you recently purchased an “American-made” vehicle, there is a really good chance that it has a number of Chinese parts in it. Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in the United States .

China seems particularly interested in acquiring energy resources in the United States. For example, China is actually mining for coal in the mountains of Tennessee. Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee. At the time, that acquisition really didn’t make much news, but now a group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal.
And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries. Right now China is actually
building a city larger than Manhattan just outside Minsk , the capital of Belarus.


Are you starting to get the picture?
China is on the rise. If you doubt this, just read the following:
# When you total up all imports and exports, China is now the number one trading
nation on the entire planet.
# Overall, the U.S. has run a trade deficit with China over the past decade
that comes to more than 2.3 trillion dollars.
# China has more foreign currency reserves than anyone else on the planet.
# China now has the largest new car market in the entire world.
# China now produces more than twice as many automobiles as the United States
# After being bailed out by U.S. taxpayers, GM is involved in 11 joint ventures with
Chinese companies. They sell more cars in China than in the U.S.
# China is the number one gold producer in the world.
# The uniforms for the U.S. Olympic team were made in China.
# 85% of all artificial Christmas trees the world over are made in China.
# The new World Trade Center tower in New York is going to include glass imported
from China .
# China now consumes more energy than the United States does.
# China is now in aggregate the leading manufacturer of all goods in the entire world.
# China uses more cement than the rest of the world combined.
# China is now the number one producer of wind and solar power on the entire globe.
# China produces 3 times as much coal and 11 times as much steel as the U.S. does.
# China produces more than 90 percent of the global supply of rare earth elements.
# China is now the number one supplier of components that are critical to the operation of any national defense system.!!!!
# In published scientific research articles China is expected to become number one in the world very shortly.

And what we have seen so far may just be the tip of the iceberg.
For now, I will just leave you with one piece of advice -
learn to speak Chinese.
be afraid