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"Jim Carter" wrote in message ... "NOYB" wrote in message nk.net... Nearly 18% of Chinese exports go to the US. Since we're discussing the effect that Chinese aggression against Taiwan would have, then it's safe to say that China would lose the following trade partners in the event of a war with Taiwan: US, Japan, and Taiwan. Together, those three countries make up 3 of China's top 5 trade partners...and almost 44% of China's total exports. It's also likely that China would lose the following as trade partners: Hong Kong, S. Korea, and Germany. That'd account for 70% of China's trade. Keep in mind, that this says nothing about the effect that our corporations would have in pulling their factories out China. I do think your calculations are very incorrect. If the PRC would be taking Taiwan back into the fold, they don't lose Taiwan as a trading partner, then gain it. Japan would not be lost as a trading partner for China as Japan has too much to lose with their trade with China to worry about the little bit with Taiwan. Also, the Japanese people are opposed to any war and their government would topple if there was any hint of an impending war. The exact same can be said of Germany as well as the rest of the European Economic Community. Where have you been when you are mentioning Hong Kong in your calculations? Hong Kong "is" a part of the PRC and has been since July 1, 1997. The American corporations pulling out of China would have almost no effect as they would be immediately replaced by corporations from The European Economic Community, Brazil and from Japan. This is the silliest statement of your post. Who would the EU, Brazilian, and Japanese Corporations sell their products to if the US quit doing business with China? First of all, overnight, China would lose almost 20% of its export business. There'd be a huge surplus of goods with nobody to sell them to. Secondly, the EU and Brazil have unemployment rates that are around 10%. (Germany's is up over 12%) Suppose the EU and Brazil rushed to fill the void left by American companies. How high would that push the current rate? 15% unemployment? 20%? As Henry Ford pointed out, you have to pay your workers enough that they can afford to buy your product. The Chinese don't; consequently, they must rely on export. Who will they export to? Not the US. And not the EU because the EU will have too many unemployed people to purchase the goods. If the US pulled out of the Chinese economy, we'd be hurt, particularly in the short term...but they'd be devastated to a point from which they'd never recover. |
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