China booming - Western companies en mass moving to China

Discussion in 'Economics' started by earth_imperator, Nov 3, 2022.

  1. Update: today (Friday) the German chancellor Scholz with a big delegation of big industry managers is visiting China and meeting with China's president Xi. It's an economic meeting. China is more important for Germany than the betrayer USA :)
    https://www.theguardian.com/world/2...af-scholz-china-visit-questions-over-strategy
    "
    Germany’s Scholz heads to China amid questions over strategy
    Scholz’s coalition government seems uncertain about what sort of relationship it wants with Beijing
    [...]
    "
     
    #21     Nov 3, 2022
  2. TheDawn

    TheDawn

    German chancellors bring CEO's with them to every single country they visit just like any other country's leaders. It's nothing new. And Germany actually made Japan the first destination of its Asian visit this year so are we supposed to read something into that too? LOL The eagerness of China to attribute that as Germany's seeking of economic opportunities in China is interesting though. The thing is, the largest export partner of China is the evil evil United States but China decided to bite the hands of the evil evil United States that's been feeding China for the last twenty years and you think China is still going to be rich enough to have a market for German products? LOL China is having an economic slowdown thanks partly to its retarded zero-covid policy, how is it going to afford to buy Germany products? All those CEO's that went to China with Scholz according to this article are all companies that are not looking to give money to China but getting money from China and China's got no money to give. LOL
     
    #22     Nov 3, 2022
  3. mervyn

    mervyn


    As far as tributes go, China gets Hamburg port 24.9% equity stake, a full mini-copper production line transplant from Oxford UK, and BASF €10 billion Verbund project.

    The Chinese will at minimum, flip the LNG contracts from US at smaller markups before this war ends. And perhaps Siemens can replace GE and Honeywell businesses wherever they compete.

    As the world is becoming bifurcated, betting on multiple outcomes is always a prudent move.
     
    #23     Nov 4, 2022
  4. TheDawn

    TheDawn

    LOL So Germany really believes it's China that's made the USA rich then and it wants to have some of the rich too? Just remember this though, there is a reason why USA and the West are decoupling from China because China does not share power. There is no such thing as comparative advantage when it comes to trading (actually everything) with China, it's absolute advantage to China and none to you. Musk is slowly learning this when it's undercut by China's EV company with its Tesla-knock off and soon Germany will learn the same thing sadly.
     
    #24     Nov 4, 2022
  5. Darc

    Darc

    5 minutes of my Life I'll never get back!
     
    #25     Nov 4, 2022
  6. Atlantic

    Atlantic

    ... wrong.

    and what is a "mini-copper"?
     
    #26     Nov 4, 2022
  7. I think the whole German media is reporting fake news from this China visit of the German delegation.
    They write Scholz has criticized China blah blah blah... but I think in reality nothing of it happened at all; the media is IMO lying.
    The media outlets (like Spiegel and Welt) use exact the same one article by dpa (German Press Agency), ie. 1:1. This just shows that they had the order to bring that dictated news... :)
    How can this be? The corrupt govt is paying the corrupt German media to tell the German people populistic lies...
     
    Last edited: Nov 4, 2022
    #27     Nov 4, 2022
  8. cobco

    cobco

    Scholz is from JUSOS, extensive links with Chicom youth equivalent that go back for years. When he was the Mayor of Hamburg he was even able to change Hu's agenda and Big Comrade came to Hamburg in person. [JUSOS is pronounced Yuzos]

    So, Merkel was the Eastern Marxist and Scholz is the Western one. As for the War - it is just warming up. Long haul.
     
    #28     Nov 4, 2022
  9. The CIA and Mossad had Merkel by the balls :), same with Scholz... Both get blackmailed b/c of their previous dirty actions in office... "Do as I say, or else ..." :D
    US accepts only such corrupt leaders b/c these are easily controllable...
    These are the rules in the "rule based order" of the corrupt West :)
     
    Last edited: Nov 5, 2022
    #29     Nov 5, 2022
  10. Did you know India is expected to pass China as most populated country in 2023?

    This has nothing to do with this topic, I just found it interesting. It's always been China #1 and India #2 as long as I've been alive.
     
    #30     Nov 5, 2022