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Just today telsa sold 10000 cars in the Shanghai factory in March and Tesla stock jumped as result. I have a feeling that with Europe and US in continue lock do
by mikechen233 6y ago
Just today telsa sold 10000 cars in the Shanghai factory in March and Tesla stock jumped as result. I have a feeling that with Europe and US in continue lock down, China is going to support a huge number businesses. Looking at a number of Western business, all cite china has a very important market. Everyone of them earned a ton of money from that market. Some manufacturing will leave china, but if business want to access that market, they will continue to be near that market meaning involve China as part of the supply chain. On side note, ccp and China has brought a lot to Chinese people, wealth, stability, and education. 800 million was lifted out of property in the last 30 years. Chinese middle class is more than the entire US population. As a Chinese person, I no longer has to worry about whether I will have enough food or clothing. Nowadays I am interested which iPhone I can buy and which Nike shoes I like. To say the government doesn't care about the well being of the citizens is dishonest at best. All of this has given and will continue give a massive opportunity to foreign business. Hundreds of billion of dollars of cooperate profits per year. If we cut earnings from China out of companies on SPY, how much is the stock market valuation is going to drop by? So next time if you want to bash and vilify China and ccp using fake news, think about how much China and ccp contributed to your retirement fund. I have more than happy to discuss China and it's policies using facts, data and reason. But it's the smearing and vilification using fake news I cannot stand. And of course it's not perfect in anyway. Internet information regulations and media control is one of them. But I feel people outside don't really understand this country and it's government. They say the government oppresses and doesn't care about the people. Yet a majority of people feels the complete opposite in their daily lives.
- bgorman 6y agoThere is no vilification about China. China is by far the biggest non-existential threat to individual liberty in the world today. Great firewall of China. No Freedom of Speech or Religion. Ethnic Cleansing Camps. Militarizing the South China Sea. Massive corporate espionage operations. Claiming Taiwan is a breakaway island. War is peace. Freedom is slavery. Ignorance is strength
- throw_this_one 6y agoYeah their strategy is to grow so large that they can just call the shots. I would be a ton of "western" politicians and business leaders are in their pockets too. Instead of a head on conflict they are going to slowly absorb the enemy. This is one area that I think Trump was right in, and the Dems (and neo-cons) seemed to be mostly in their pockets. I don't fully understand what Obama's China plan was.
- eunos 6y ago> I don't fully understand what Obama's China plan was. Built a strong United Front comprises of countries around China with the US at the top, especially the IP monopoly. While it takes a long time it will subliminally erode China's competitiveness. Quite similar to the plan to erode USSR's economy without a hot war between NATO and Warsaw's pact.
- throw_this_one 6y agoThat's what I assumed. Was the TPP that, or was there more to come? And if so, why was Hillary against it? Trumps plan looks better on the surface but I think it is bigly flawed. To try to take them head on but not actually doing much. And he really hasn't even tried to crank them with the tarrifs.
- eunos 6y agoHillary was against it, I believe because it was issue du jour. If she had been elected instead, pretty sure TPP would have been rebranded but passed nonetheless.
- sheeshkebab 6y agoThe question is not about China being villiefied, but what happens with critical supplies sourced from abroad (from China and others) in critical times. With current manufacturing largely skewed to China, the results are pretty obvious as far as medical supplies go. It won’t take long before that gets corrected, together with some other industries.
- president 6y agoHow many Chinese people died unneedlessly by the hands of the CCP for you to finally be able to buy an iPhone? The mark of a great society and system of governance is not based solely on the common citizen being able to buy a pair of Nike shoes.
- ubermon 6y agoDo you really care how many died or do you only want to have a villain to hate? Or just your insecurity is stirred?