The China-U.S. trade war thread.

originally posted by: Aazadan

originally posted by: RadioRobert
Looks like we have progress toward a new deal. Now we drop them a sop, and both sides will smile and claim win-win.

Xi's speech was in regards to Asian deals with each other, not US markets. If anything it suggests they're in it for the long haul to shift away from US products.

They're going to raise foreign ownership limits for Asian countries? Why? They'd hold all that leverage. They plan on importing more Japanese and Korean cars, but double down on tariffs for the US? Why? That puts them farther away from a deal they need.

They're going to be more proactive about intellectual property rights for countries other than the US? What a coincidence that all the things in the speech apply directly to the US complaints... What a coincidence that US and Chinese markets both surged when he delivered the speech..

a reply to: RadioRobert

There's more. This was initially announced in November, and reaffirmed in January. It's been in the works for quite a while, long before any trade war issues came up. This doesn't represent a softening of China's stance.

a reply to: Aazadan

China has been pledging to open their markets since the 70's. That's why we gave them billions of dollars in hard currency and ignored all the warning signs.

So maybe you're right. Maybe they are just saying all the right things to placate everyone. It's certainly better language, however, than they were broadcasting last week.

We'll see when the rubber hits the road.

originally posted by: Aazadan
a reply to: RadioRobert

There's more. This was initially announced in November, and reaffirmed in January. It's been in the works for quite a while, long before any trade war issues came up. This doesn't represent a softening of China's stance.

Yet he made that speech now. Xi either means it and is using it as an opening/message to Trump and by 'addressing' Asian nations' doesn't lose face by bowing to the U.S.. The alternative is it's a misdirecting statement and no real change is in the offing.

The only precedent would be Japan just before the Pearl Harbor attack.

At least admit this is a good potential move by China and could lead to a resolution to some of the problems.

It's very simple.
France is a large exporter of foods and luxury beauty products. The aren't buying from China. You see will no cheap Chinese products in their grocery all purpose stores. France is very self sufficient. Their economy is more stable.

We do not need Chinese steel. Buy American steel or AKS steel in Ohio. Our people need their jobs. We do not need to be paying out unemployment and welfare for over 11 years. AKS used to be at $70 USD per share in 2007. It has been as low as $2 USD per share during the recession. I invested some money for my kids college fund in 2007 in AKS, and it is at $4 USD right now. Fortunately, I sold one of the kid's stocks during the election at $7 USD for what I paid in 2007, I just lost the interest for 11 years on the investment. I paid down some student loan. The other kid's money we are waiting to see if anything good will happen. His student loans don't start for three more years.

The Chinese, however, need our food. Who ever has or comntrols the food is the winner people. Stop and think about that. We have the food.
Moms know this. With out good food you have chaos in society.

originally posted by: RadioRobert
a reply to: Aazadan

China has been pledging to open their markets since the 70's. That's why we gave them billions of dollars in hard currency and ignored all the warning signs.

So maybe you're right. Maybe they are just saying all the right things to placate everyone. It's certainly better language, however, than they were broadcasting last week.

We'll see when the rubber hits the road.

Here's an indication that this is a long ways from over. This is a Facebook pro-China site I counter-comment on regularly.

www.xinhuanet.com...

This just came up on Facebook now....