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> The West buys more from China than China buys from The West because there are long list of high tech & military stuff that China is simply not allowed to buy
by dis-sys 9y ago
> The West buys more from China than China buys from The West
because there are long list of high tech & military stuff that China is simply not allowed to buy. it is so bad to the extent that Chinese are not allowed to buy Intel Phi processors which many of your local computer shops allow you to make orders.
Surely Chinese are interesting in buying America's advanced jet fighters, missiles, submarines, aircraft carriers, satellites etc. On the non-military side, how about super computers, space techs, laser, semiconductor techs, optical fiber, high end composite materials. EU has very similar laws & policies, nothing really different from the US.
- dogma1138 9y agoThe Xeon Phi deal was pretty silly considering that Inspur just bought GPUs instead and Intel was allowed to sell Xeon Phis to Baidu in large amounts.
- adventured 9y ago> Surely Chinese are interesting in buying America's advanced jet fighters China's interested in buying precisely one round of each thing. And thereafter replacing it with their own. That's not a criticism, it's a fact of life in dealing with China. They have zero interest in being dependent on any outside nation more than absolutely necessary. The things you list, wouldn't even remotely dent the trade deficits China rings up. You're talking about $5 to $6 trillion per decade with the US and EU combined. Intel processors et al. are not going to fix that. There's absolutely nothing that can plug a $600 billion per year hole with China (US+EU), realistically. Energy exports (in the case of the US) is the only thing that could dent it. The solution is to move more manufacturing away from China and rebalance that large concentrated deficit with other nations in a distributed manner, and to make more things domestically. That will happen naturally as China's wages & costs continue to rise.
- mcguire 9y agoTrue story: In the late '50s and '60s, the Parker pen company had a manufacturing operation in China, making the Parker "51", a rather singular design. At some point, it was abandoned by Parker and closed down. Sometime later, a Chinese company named Hero took over the plant and machinery and started making their own pens, including knock-offs of the "51" such as the Hero 616 and 100, and leading to a fair sized industry of Chinese fountain pens, many of which are very cheap to purchase apparently due to export subsidies by the Chinese government.