Author: UYA

China thinks long-term on financial stability — so should we   [Copy link] 中文

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Post time 2018-7-23 17:32:24 |Display all floors
China has to do all that, because it is so close to the edge already.

It is a country, like many others, that was built from revolution of the poor revolting against the ruling class - but unlike most of those other countries, in China that revolution is sustained long term.

Whatever China does or does not do, is part of that seemingly unfinished struggle. China has to protect it's economy, because failing to do that would spell doom to the very foundations of the country. In USA for example, such would only spell doom for the remainder of whatever election cycle.

It is that short-term political leadership that protects the country in those states. In China, the country as whole would go down with their leaders.

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Post time 2018-7-23 17:32:29 |Display all floors
China has to do all that, because it is so close to the edge already.

It is a country, like many others, that was built from revolution of the poor revolting against the ruling class - but unlike most of those other countries, in China that revolution is sustained long term.

Whatever China does or does not do, is part of that seemingly unfinished struggle. China has to protect it's economy, because failing to do that would spell doom to the very foundations of the country. In USA for example, such would only spell doom for the remainder of whatever election cycle.

It is that short-term political leadership that protects the country in those states. In China, the country as whole would go down with their leaders.

Use magic tools Report

Rank: 6Rank: 6

Post time 2018-7-23 17:32:43 |Display all floors
China has to do all that, because it is so close to the edge already.

It is a country, like many others, that was built from revolution of the poor revolting against the ruling class - but unlike most of those other countries, in China that revolution is sustained long term.

Whatever China does or does not do, is part of that seemingly unfinished struggle. China has to protect it's economy, because failing to do that would spell doom to the very foundations of the country. In USA for example, such would only spell doom for the remainder of whatever election cycle.

It is that short-term political leadership that protects the country in those states. In China, the country as whole would go down with their leaders.

Use magic tools Report

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Post time 2018-7-23 18:12:20 |Display all floors
Jaaja Post time: 2018-7-23 17:32
China has to do all that, because it is so close to the edge already.

It is a country, like many ot ...

The OP addresses the difference in China vs America debt.
She realizes the failings in the American economic system.
and points out the policies that will make China endure.

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Post time 2018-7-23 20:15:39 |Display all floors
UYA Post time: 2018-7-23 17:01
How so?
The thread documents all the steps China is doing to prevent financial disaster.
Trump has ...

China’s $14 trillion debt-ridden economy

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Post time 2018-7-23 20:17:21 |Display all floors
- Nearly 20 percent of China's exports go to the U.S.
-If a trade war ensues with the U.S., China's GDP growth would drop 0.5 percent and could continue to fall as things heat up, the IMF warns.
-China's debt-to-GDP has ballooned to more than 300 percent from 160 percent a decade ago.
-Chinese officials now warn of a financial-sector debt bubble that's waiting to burst.

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Post time 2018-7-23 20:18:26 |Display all floors
Last year China sold $506 billion in exports to the United States — nearly 20 percent of its exports go to America — while the United States sold just $130 billion to the Chinese.

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