China Thread

[Smitty-48]

What they have now, is a farce. Perfect is the enemy of good. Zerohedge would bitch about any trade deal, regardless of how good or bad it is.

The trade war is just for show anyways, so long as Trump checks the box, the box is checked. Nobody is going to read the fine print.

Indeed, both the trade war and the trade deal is simply checking the boxes. The boxes will be checked, and no one is going to read the fine print, no matter how much zerohedge whines about the fine print.

Trade war is all counterproductive anyways, so less is more.

[SuburbanFarmer]

Lol same thing. “I’ll get em good after you re-elect me”

https://www.zerohedge.com/news/2019-04- ... igrants-us

Drumpf tard tears.

[Speaker to Animals]

[C-Mag]

+1


Sounds right

[TheReal_ND]

[StCapps]

Suck a dick commies, Milton Friedman's Hong Kong FTW.

[Zlaxer]

+1


Sounds right

Wait - PRC Fucks are arrogant? Huh?

[Zlaxer]

China's downfall throughout history has always been its arrogance...

Corruption has always been the downfall of the West....

[Speaker to Animals]

China's downfall throughout history has always been its arrogance...

Corruption has always been the downfall of the West....

Dude, China invented corruption at the industrial level. They were arguably the first nation state in history. They invented bureaucracy when Rome was still a tribal town and the Greeks were city-states.

The ant people just don't give a fuck.

[C-Mag]

Interesting

China is running out of time. Like thousands of others, my company is going to re-source out of China. I have a meeting Tuesday with our rep company to review a bid from Viet Nam. Cutting a new mold in Viet Nam is a fraction of the cost of the tariff on just one container of product. At this point, I am tired of the Chinese stirring the pot and will probably make the switch anyway.

So I gave him a jingle. In a lengthly interview covering a number of international trade topics, “Jim,” pretty much said, “I’m done with China.” Jim’s company designs and markets home consumer goods. He pointed out the huge risk China is taking by failing to take President Trump seriously in this tariff fight. In market segments like Jim’s, which require molds, jigs and/or specialized tooling, a move away from a current supplier, is only taken in expectation of a huge increase in revenue-profit and/or to obtain relief from restrictive or punitive regulation or costs. 25 percent tariffs put China at far more risk than the United States.
These high performance owners/CEOs will have already signed contracts in other, more favorable climes. They will have also built new molds, jigs and specialized tooling. All of this production infrastructure, will of course, incorporate the latest improvements. Thus, going back to China, would also entail going back to an older, less capable version of the required manufacturing assets. Who would want to do that?

My friend Jim, isn’t the only one. He was at a conference with a number of other manufacturers—a good many of them were on the same path as he—the road away from China. It’s too early to state boldly and one data point is not a trend, but China’s inability to read President Trump, just might have gutted its own economic future.
https://dailytimewaster.blogspot.com/20 ... -huge.html