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AP IMPACT: China overtaking US as global trader
Associated Press ^ | Dec 2, 11:05 AM EST | JOE McDONALD and YOUKYUNG LEE

Posted on 12/02/2012 4:20:26 PM PST by Cringing Negativism Network

EDITOR'S NOTE - This is the first installment in "China's Reach," a project that will analyze China's influence with its trading partners over three decades, and explore how that is changing business, politics and daily life.

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Miscellaneous
KEYWORDS: china; us
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To: Democrat_media

The Obama agenda is purposeful and intentional. See Agenda: Grinding America Down. It connects all the dots for the marxism side. They do not touch on his Islamic character which is a little more hidden from the public.

China? Still Chinese. Just like Russians, on a whole not that smart. 95% of all inventions last year were made here. Let them copy.

However once Obama is done, we won’t be making bicycles!


21 posted on 12/02/2012 5:00:25 PM PST by himno hero (hadnuff)
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To: nickcarraway
Are you joking? China has many completely empty cities, that the government paid to build, but no one lives in them and no one can afford to.

The USA has nine cities with a population of over one million.

China has 163.

Those ghost cities will fill up, soon enough. And one visit to Shanghai's Pudong district is enough to make clear to any American that his country is stuck in neutral.

22 posted on 12/02/2012 5:03:31 PM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: nickcarraway

My point is the U.S. not above China but U.S. below China , U.S. not above anything as the U.S. economy is crap. U.S. just surviving on debt ,printing money, borrowing from China etc. all cause of this Obama piece of crap.

U.S. should be far above where it is.

U.S. is in decline cause of this socialist piece of crap Obama and its government regulations. This communist Obama is in the process of stealing our freedom and our property as it has taken most of our opportunity


23 posted on 12/02/2012 5:05:53 PM PST by Democrat_media (limit government to 5000 words of laws. how to limit gov Quantify limited government ...)
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To: Cringing Negativism Network
We have a fundamental disagreement. You believe everything the Chinese government says, while I am very skeptical of what they say. The preponderance of the evidence is on my side. China's official unemployment numbers are probably off by a factor of half at least. (Unemployment there can be regional) In the last two years, the government has faced massive riots over unemployment.

Read this, for example:No One Trusts China's Unemployment Rate (October 5th, 2012)

24 posted on 12/02/2012 5:08:43 PM PST by nickcarraway
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To: nickcarraway

How about you go in any store, and see where everything in that store and every other store you shop at, is made?

Just a thought...


25 posted on 12/02/2012 5:11:12 PM PST by Cringing Negativism Network
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To: Cringing Negativism Network
The fact is you are being lied to by an ignorant media and unscrupulous financial advisors. They don't know what they are talking about. If you really believe that communists are trustworthy and capitalists aren't, why don't you believe Obama.

China is in a world of hurt. Do you even know about China's demographic time bomb? Stop parroting the media, and do your own research.

26 posted on 12/02/2012 5:14:07 PM PST by nickcarraway
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To: nickcarraway

I believe it is you, who are being lied to by unscrupulous people, frankly.

I see China capturing the future from America without anyone in either party lifting a single finger to stop our destruction, and I am starting to get a bit frustrated by it all.

Frankly.


27 posted on 12/02/2012 5:17:26 PM PST by Cringing Negativism Network
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To: Democrat_media
My point is the U.S. not above China but U.S. below China

You are just plain wrong. Did Obama tell you that. The fact is, the U.S. is in a better position to outlast the recession/depression than China. China will be screwed by any downturn in our economy, plus they are carrying trillions of dollars. You may not like that fact, but it's true.

28 posted on 12/02/2012 5:18:20 PM PST by nickcarraway
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To: Cringing Negativism Network

we’d be overtaking them if obam was f@cking them over the way he’s doing to us. no coal, no other domestic energy, epa gone wild, redistribution of wealth to his peeps, and doung everything posible to kil jobs and put people on the govt dole.


29 posted on 12/02/2012 5:23:48 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: Cringing Negativism Network

I never said that China isn’t selling tons of stuff in the U.S.. I never said it was a good idea. (Blame Nixon, not me)
Have you ever considered that all that stuff has to be bought by Americans for China to make any money. If U.S. Americans aren’t buying, China is hurting. Their 2 billion serfs don’t have that money. Besides that, now their are countries that can make stuff cheaper than China like, Malaysia, Pakistan, Vietnam. And those countries are often stealing higher margin products from China.


30 posted on 12/02/2012 5:24:05 PM PST by nickcarraway
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To: Cringing Negativism Network
I believe it is you, who are being lied to by unscrupulous people, frankly.

Well, I've given you actual evidence. You haven't offered any evidence except unsourced rumors, from CNN, President Obama, and crooked stockbrokers. Zero evidence.

31 posted on 12/02/2012 5:26:49 PM PST by nickcarraway
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To: nickcarraway

if they ever are lived in you gotta wonder how well they’ll have held up with no normal usage. all the gaskets dry out and rot, etc?


32 posted on 12/02/2012 5:27:30 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: Cringing Negativism Network
I see China capturing the future from America without anyone in either party lifting a single finger to stop our destruction, and I am starting to get a bit frustrated by it all.

You should be frustrated. The U.S. is in bad shape economically. But Europe and China are in far worse shape. Sorry. You can side with China, I'll side with the U.S.

I wouldn't bet $100 that the Chinese government won'y be overthrown in the next 5 years. That may not happen, but I wouldn't bet against it either.

33 posted on 12/02/2012 5:29:58 PM PST by nickcarraway
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To: Secret Agent Man

Most of them won’t be lived in. People can’t afford them. The real estate market crashed in China worse than ours did.


34 posted on 12/02/2012 5:31:49 PM PST by nickcarraway
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To: nickcarraway

I gave you one, that the unemployment rate in China is 3.something percent (ours is double or triple, perhaps even worse) which you seem to have ignored.

China is playing us, and our own companies are climbed onboard running their game right to the end. Which will be in less than 10 years, because that is the length of contracts for everyone foreign working in China.

I do not see that as a winning strategy at this point.

That is my point. We have been out-maneuvered.

It is time for us to change tactics. Make stuff to compete with China. And have real tariffs against their products in cases they are taking advantage of us.

(which increasingly seems to be in just about every market)

I do not agree with your assessment of things. I see us rushing full-speed into an empty hole.

Then what?


35 posted on 12/02/2012 5:33:24 PM PST by Cringing Negativism Network
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To: nickcarraway
No obama has desroyed the U.S.

the U.S. had accumulated 2 centuries of wealth, unlimited natural resources, etc. so it shouldn't have to borrow $1 trillion per year and about to go bankrupt with 120 trillion $ in unfunded liabilities. Any of you who think that all that and more means the U.S is above anyone well I know what your agenda is (pro Obama). The U.S is worse off than Europe , China etc as the unfunded liabilities , debt etc. greater.

36 posted on 12/02/2012 5:45:56 PM PST by Democrat_media (limit government to 5000 words of laws. how to limit gov Quantify limited government ...)
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To: Cringing Negativism Network
I gave you one, that the unemployment rate in China is 3.something percent

You gave no link to that number. Even the Chinese government claims it's 6.25% But the real number is more like 12%0-15%. Since the government doesn't give honest numbers, we don't know for sure. Unemployment is a severe problem in some areas. I do not believe their unemployment is lower than the U.S. rate.

37 posted on 12/02/2012 6:17:42 PM PST by nickcarraway
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To: nickcarraway

I apologize, I found a real source and the number is slightly higher than the one I had heard:

4.1%.

http://www.statista.com/statistics/167111/unemployment-rate-in-china/


38 posted on 12/02/2012 6:33:29 PM PST by Cringing Negativism Network
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To: Cringing Negativism Network

Yes...we need to wake up very soon.

Our Free Trade Globalist policies do not work. It is failing so bad even Communist China will eventually be knocked down...you cannot trade with someone that has nothing to trade

We will never counter Obama Socialism with Free Trade Communism. Need to end the latter, now, to deal with the former


39 posted on 12/02/2012 6:38:11 PM PST by SeminoleCounty (Illegal Aliens do not pay Social Security...Employers do)
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To: 1rudeboy

Meanwhile, the “protectionist” crowd will continue to clamor for higher taxes as a solution to the problem, to everyone’s amusemen


Looks like the Free Traders are the ones pushing “higher taxes”. So many Americans do not make enough anymore to even pay taxes

You place tariffs on foreign goods, you do not need income taxes. Worked for our Founding Fathers and the next 150 years or so after that.

I will take American Protectionism over Chinese Communism anyday...too bad you do now


40 posted on 12/02/2012 6:41:38 PM PST by SeminoleCounty (Illegal Aliens do not pay Social Security...Employers do)
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