"The China Price" - The best business article I have seen in years.

Discussion in 'Economics' started by SouthAmerica, May 31, 2005.

  1. China has just announced a half TRILLION dollar infrastructure program.

    This is a make work program folks.

    They are extremely paranoid about a workers' revolt, and NEED 8% growth per year to employ the 24 million entering the workforce each year. That is a net number.

    On a related note, give SA a break. He has been wrong about virtually everything, and may one day be published in an English speaking (respected) magazine or paper.
     
    #211     Nov 11, 2008
  2. TGregg

    TGregg

    LOL. Lot of "smart money", right there.
     
    #212     Nov 11, 2008
  3. .

    December 20, 2008

    SouthAmerica: I understand why South American countries are giving the United States this kind of treatment – among other things it is a response and natural reaction as these countries started recognizing that the stature and power of the United States is collapsing around the world.

    Basically it is just a form of retribution and also reflects the loss of prestige and influence of the United States in many areas around the world including South America.

    I have had first hand experience about how Americas feel about Brazil and after evaluating its options a few years ago Brazil decided to adjust accordingly and find new markets - and for a number of years now the Brazilians have been moving forward into the future and for Brazil the future means a close relationship with countries such as Saudi Arabia, China, Russia, India, and many other countries.

    I wrote about it on this forum over 3 years ago on 06-12-05 about my long experience in watching Brazil slowly disconnecting from the United States and I also mentioned my experience here in the United States in trying to create a center for Brazilian history and economics studies – but as usual Americans preferred to stay in the dark and completely clueless about what is going on even close to home on their backyard. Here is the link to that posting:

    06-12-05 SouthAmerica: Here is the new reality in United States and Brazilian international relations. "Basically, the United States is becoming irrelevant from the Brazilian perspective." Here is my latest article regarding this subject. The article was also published on various newspapers around the world....

    http://www.elitetrader.com/vb/showt...&highlight=Brazil+Cultural+Society#post767065


    *******


    “At Meeting in Brazil, Washington Is Scorned”
    By ALEXEI BARRIONUEVO
    Published: December 16, 2008
    The New York Times

    SAUÍPE, Brazil — Latin American leaders took another step away from the decades-old orbit of the United States at a meeting here that brought together nearly all of Latin America and the Caribbean, but excluded the United States and Europe.

    And in the process of convening the leaders of 31 countries, Brazil once again flashed its credentials as the undisputed leader of Latin America.

    But the host country’s highly popular president, Luiz Inácio Lula da Silva, an ally of the United States, did not prevent the leaders from celebrating the inclusion of Raúl Castro, Cuba’s president, and from using the occasion to attack the United States and Europe for their roles in causing the global economic crisis that is roiling this region as well.

    “Cuba is returning to where it always should have been,” Hugo Chávez, Venezuela’s president, told reporters. “We are complete.”

    The United States became a punching bag at the three-day conference, which ends Wednesday, in this tourist haven in Brazil’s Bahia State. Mr. Castro was hardly alone in assailing the United States and what he called its “neo-liberalist” model for the credit crisis, which is affecting many other economies.

    “In the middle of an unprecedented global crisis, our countries are discovering that they aren’t part of the problem,” Mr. da Silva said. “They can and should be fundamental players in the solution.”

    The timing of the meeting, just four months before the next Summit of the Americas in Trinidad and Tobago, was significant, analysts said. That meeting, first convened in Miami in 1994 at the urging of President Clinton, will include the United States and Canada but will exclude Cuba.

    Mr. da Silva did his part to upstage the Summit of the Americas, even sending planes from Brazil’s air force to ensure the presence here of presidents from poorer countries in Central America and the Caribbean. President Alan García of Peru and President Álvaro Uribe of Colombia were the only heads of state who did not attend. Vice President Francisco Santos of Colombia said that Mr. Uribe, a staunch American ally, stayed home to cope with the aftermath of deadly floods.

    The meeting drew together diverse coalitions of the region’s countries, including the recently formed Union of South American Nations, or Unasur, a grouping that has held meetings in recent months that also excluded the United States.

    “There is no question that this is about exclusion, about excluding the United States,” said Peter Hakim, president of the Inter-American Dialogue, a policy research group in Washington. “Brazil is demonstrating its enormous convening power.”

    With the rise of China as a principal export destination and the visit last month by President Dmitri A. Medvedev of Russia to court Latin American leaders, there are more frequent reminders that the United States is becoming an ever more distant player in the affairs of the region, said Riordan Roett, the director of the Latin American Studies program at Johns Hopkins University.

    “The United States is no longer, and will not be ever again, the major interlocutor for the countries in the region,” he said.

    One by one, the presidents saluted the inclusion of Cuba in the meeting, an expression that indicated a frustration with the efforts by the United States to exclude Cuba from similar hemispheric deliberations, said Michael Shifter, the vice president of the Inter-American Dialogue.

    Many of the leaders, including Mr. da Silva, called for lifting the United States embargo of Cuba. “This is a further step in the process of ensuring that Cuba occupies its rightful place of dignity in the region and throughout the world,” said Bruce Golding, the prime minister of Jamaica.

    But even as the Latin American leaders spoke of their collective power and growing unity, regional strains have been evident.

    In Bolivia, Oscar Ortíz, the president of the Senate and a prominent critic of President Evo Morales, called on Unasur, the new regional body, to investigate further recent killings in northern Bolivia, which a Unasur commission described unequivocally as a massacre.

    The region’s leaders continue to struggle to pick a leader for Unasur. Tabaré Vásquez, Uruguay’s president, said in October that he would oppose the nomination of former President Néstor Kirchner of Argentina, a stance that reflects the tense relations between the countries in the past year.

    Tension has also been increasing between Ecuador and Brazil, with President Rafael Correa of Ecuador expelling executives from Odebrecht, a major Brazilian construction company, and disputing a loan by Brazil’s powerful national development bank, which finances public works projects throughout Latin America.

    But these disputes may have more to do with Brazil’s rising regional profile as its multinational corporations compete more aggressively for business beyond Brazil’s borders. In Mr. da Silva, Brazil has a leader who has been adept at relieving tension through diplomacy, even as Washington’s diplomacy has become largely inoperative in much of the region.

    “Lula is a leader who practices the politics of the bear hug, by thinking all problems can be solved by a warm embrace,” said Larry Birns, director of the Council of Hemispheric Affairs, a research group based in Washington.

    http://www.nytimes.com/2008/12/17/world/americas/17latin.html?ref=americas
    .
     
    #213     Dec 20, 2008
  4. September 27, 2010

    SouthAmerica: Just a reminder for the non-believers:

    Brazil and China have been doing very well in the last 2 years...and if you had been reading my articles published on Brazzil magazine all along then that fact it would not be a surprise for any of you, since I have been documenting it, and before most of you grasped on what has been happening all this time between Brazil and China.

    .
     
    #214     Sep 27, 2010
  5. hahaha...

    Brazil has Food ( Water+Sun on land ) , Girls... all what's needed. Will be taken by force if not sold...

    hahaha... ( deeply sorry in truth )
     
    #215     Sep 27, 2010
  6. Trader200K

    Trader200K

    Can you post a link to your work?
    Tnx!
    T
     
    #216     Sep 27, 2010
  7. China is not the only country paranoid about social unrest. Think OBAMA , 1 trillion dollars stimulus program and QE2 coming your way.
     
    #217     Sep 27, 2010
  8. .
    Neo mosNet: Brazil has Food ( Water+Sun on land ) , Girls... all what's needed. Will be taken by force if not sold...


    *****


    September 27, 2010

    SouthAmerica: Reply to Neo mosNet

    This is your first posting on this forum – and we really need a comedian around here......

    You said “Will be taken by force if not sold... “

    Hah, hah, hah...

    Tell us another joke. That one it was very funny....

    Hah, hah, hah.....

    .
     
    #218     Sep 27, 2010
  9. #219     Sep 28, 2010
  10. March 19, 2011

    SouthAmerica: BRAZIL CREATES CHINESE STUDIES CENTRE



    “BRAZIL CREATES CHINESE STUDIES CENTRE TO BOOST BILATERAL TRADE”
    Yahoo Malaysia – Bernama – Fri, Mar 18, 2011

    SAO PAULO, March 18 (BERNAMA-NNN-MERCOPRESS) - Brazil’s powerful Federation of

    Industries of Sao Paulo State (Fiesp) will create a Chinese Studies Centre in partnership with the federal government.

    The president of the federation Paulo Skaf said in Sao Paulo said that the centre would defend Brazil’s interests as a whole and not just those of the Brazilian industrial sector, local press reported.

    The president of Fiesp said that Brazil had a trade surplus with China but noted that considering manufactured products alone last year it had posted a deficit of US$25 billion.

    “For this year, the projected deficit with China is US$40 billion in manufactured products and Brazil is expected to see a deficit of US$100 billion in total imports of these types of products,” Skaf said at the end of a meeting of the Fiesp Higher Strategic Council.

    By May, Fiesp plans to structure the Chinese Studies centre and establish where it will be located as well as to start hiring staff.

    “We have to understand this China issue in depth. It is true that there are opportunities, risks and challenges, but discussions are not well-organised. The aim of the centre will be to bring together academics to establish a strategy for Brazil” he said.

    Brazilian president Dilma Rousseff recently cautioned that the consumer spree in the country has meant that Brazilians are spending “millions in unneeded crap goods”, particularly during Christmas and Carnival, mostly “imported from Asia”.

    “I have been told that 80% of all Carnival costumes and most bikinis, the allegedly famous bikinis in Rio’s beaches all come from Asia. This can’t be so, we need jobs for Brazilians”, said Rousseff.

    Meanwhile Chinese car manufacturer Chery confirmed it will set up an assembly plant in the municipality of Jacareí.

    The Chinese group’s representative in Brazil, Du Weiqiang, said that the State of Sao Paulo and the municipality of Jacareí has been chosen following several years of assessments, because they are located in the centre of the country’s biggest vehicle consumer market, with a complete network of parts suppliers and convenient logistics conditions.

    The decision is part of the Chinese group’s strategy to sell 25,000 vehicles in Brazil this year. Chery has been in the Brazilian market since 2009 and has 40 representative showrooms that sell three models – Tiggo (sports utility vehicle), Cielo and Face.

    Chery also has an assembly plant in Uruguay to supply the local market but mainly for exporting to Argentina.

    However the factory faces serious productivity problems with local labour plus Argentine hurdles to exports (non automatic licences system) which has led the Chinese company to seriously consider abandoning Uruguay, sources said.

    The Chery assembly plant in Uruguay has a further difficulty: its main partner in the Uruguayan enterprise is the Macri group from Argentina.

    Since Mauricio Macri is mayor of Buenos Aires City and a serious presidential hopeful for next Oct’s election in Argentina, the administration of President Cristina Fernandez is combating him in all fields, sources said. --

    BERNAMA-NNN-MERCOPRESS

    http://my.news.yahoo.com/brazil-cre...oost-bilateral-trade-20110318-015754-293.html

    .
     
    #220     Mar 19, 2011