Is the US or China the world’s economic superpower?
TBS Report
01 October, 2021, 02:40 pm
TBS Report
01 October, 2021, 02:40 pm
Is the US or China the world’s economic superpower?
www.tbsnews.net
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I changed Nothing, I always said CN is just like Lybia where local workers are jobless bcs bosses only hire foreign workers and pay 300 to 500 usd per month like CN is paying Myanmar workers now.So you changed from unemployment to not enough pay so quickly, haha, in Beijing , no one works for a job pays less than 1400 USD per month.
I changed Nothing, I always said CN is just like Lybia where local workers are jobless bcs bosses only hire foreign workers and pay 300 to 500 usd per month like CN is paying Myanmar workers now.
And we all know what happened to Lybia leader
First tier cities like Beijing and Shanghai make relatively higher salary than other cities.First tier cities like Beijing and Shanghai make relatively higher salary than other cities.The average salary in China ranges from 7,410 Yuan per month (USD 1,145) to 1,31,000 Yuan (USD 20,245) per month — with 7,410 Yuan being the minimum salary and 1,31,100 Yuan being the maximum salar. https://biz30.timedoctor.com/average-salary-in-china/
I changed Nothing, I always said CN is just like Lybia where local workers are jobless bcs bosses only hire foreign workers and pay 300 to 500 usd per month like CN is paying Myanmar workers now.
And we all know what happened to Lybia leader
How many Chinese workers still can earn 1145usd per month when they are 50 ?? or they were kicked out of the companies when reaching 35 ?:lol:Aug. 25, 2021 5:30 am ETChinese Factories Are Having Labor Pains—‘We Can Hardly Find Any Workers’
Labor shortages are materializing across China as young people shun factory jobs and more migrant workers stay home, offering a possible preview of larger challenges ahead as the workforce ages and shrinks.www.wsj.com
Seems you don't know China has social security system, and poor people and families also got provided by the government. Do you?How many Chinese workers still can earn 1145usd per month when they are 50 ?? or they were kicked out of the companies when reaching 35 ?:lol:
Temporary they can not enter VN now due to strict covid control policy, but those jobless CN workers from "super powr nation CN" made too much trouble for VN few months ago
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Why are nearly 1,500 Chinese people illegally entering Vietnam?
11:18, May 6, 2021
Lieutenant General To An Xo talked about the causes, methods and tricks of the Chinese people who illegally entered Vietnam.
Lieutenant General To An Xo, Chief of Office, spokesman of the Ministry of Public Security, said that in the past time, according to reports of local police (with 39/63 provinces reported), the whole country detected 199 cases of entry with illegal immigrants. 1,443 Chinese people illegally entered Vietnam. To date, the Ministry of Public Security has prosecuted 49 cases with 141 people.
"Illegal entry is a violation of Vietnam's sovereignty, carrying pathogens, posing a great risk of disease, affecting the jobs of Vietnamese people," said Lieutenant General To An Xo.
Currently, the Ministry of Public Security is reviewing and basing on reports to clarify methods and tricks of bringing people into the country illegally to prevent.
"You must know the openings to close them," emphasized the Ministry of Public Security spokesman.
According to Lieutenant General To An Xo, the subjects used many methods and tricks to enter the country "underground". Through the detected cases, it can be seen that the brokers are now contacting online to bring people to Vietnam, mainly people entering to find jobs.
"These vagrants are very dangerous," said Mr. Xo.
Unauthorized Chinese people were discovered in the Florence apartment building (Hanoi).
The Minister of Public Security has just issued an order to conduct a nationwide review and inspection to detect illegal entry of foreigners.
"For example, checking motels, hotels and accommodation to detect illegal entry. Strengthening border checkpoints, police must step up tracing, prosecute and prosecute resolutely. with illegal entry, brokers and senders, with illegal entry people who do not have COVID-19 will be brought back to the place of origin.
The motels that do not comply with the regulations may withdraw their operating licenses, be administratively sanctioned, and even be criminally handled," said Lieutenant General To An Xo.
According to a spokesman of the Ministry of Public Security, the number of people crossing the border is very high because the border is a long and long road, so it is very easy to cross the border, both the North and the Southwest border. Locking the border is very difficult
Vì sao gần 1.500 người Trung Quốc nhập cảnh trái phép vào Việt Nam?
Trung tướng Tô Ân Xô nói về nguyên nhân, phương thức thủ đoạn của những người Trung Quốc nhập cảnh trái phép vào Việt Nam.truyenhinhnghean.vn
It is human nature, sadly that when we see somebody rise, who we consider a rival or adversary we get jealous. If they rise even higher and faster we burn in jealousy with even greater intensity. We refuse to accept their success and denigrate them, we forecast their imminent fall. This thread is greart exposition of this human trait.
I have followed this and and see the denial, heartburn and prophesises of doom is gushing like as if Mt Krakatoa exploded on epic scale.
This merely reinforces the actual success of China and the economic miracle it it.
History is full of rising powers that challenged the reigning hegemon only to eventually collapses.
Think imperial Japan and imperial Germany.
All follows the same path namely:
1. Earlier meteoric rise of an emerging power.
2. Which in turn worry the ruling hegemon.
3. The hegemon tried to stop the rising power using all available economic and military means, in the case of Anglo-German rivalry prior to WW1, Britain introduced naval laws to ensure the Royal Navy is twice larger than that of Germany, while in the economic front the British empire restricted the use of Siemens the same way today's USA restricted Huawei.
4.the rising power in turn felt insecure because the world are not so welcoming as the earlier years. Suddenly countries are ganging up into a strategic encirclement of the country.
5. Sensing a fast closing windows of opportunities, the rising powers instead of accepting a slow but sure decline usually initiate war. General Tojo justification of war is decline or glory.
eventually this rising powers got defeated by coalition of neighbors felt threatened by its rise.
All of the points are the same for China , Imperial Japan and Imperial Germany.
So yeah continue with the unstoppable rise theory without any credible proof that such possibility exist.
It's no surprising that China's rapid growth happened during the time of very favourable western cooperation with China. Which stretch from the time of Deng's economic opening to as recent as 2 years ago before the US goes all out curbing its rise.Consider that Imperial Japan and Imperial Germany, the eras also afforded fairly autarkic mercantilism.
The world was far less networked in supply chains and labour pools. End-products and resources were all that really mattered....value addition was not really traded and integrated at all (this all happened post WW2 mostly under system US developed and provided assurance for, that it has 50+ years of inertia going for still).
PRC is stuck under a heavy blanket of USD-domination and seignioriage.
They literally have to buy US-debt that they (at least the keeb spammers and selected VPN ambassadors) say is a failure/bad at same time.
Just to subsidise/lubricate labour in a demographic window that is also now going to sunset.
Strangest thing I have ever seen.
BTW....If PRC was a superpower, it can open a banking account for Carrie Lam and prove it in basic way. @500
She will take Yuan even.
Why so scared of what the US will do?
It's no surprising that China's rapid growth happened during the time of very favourable western cooperation with China. Which stretch from the time of Deng's economic opening to as recent as 2 years ago before the US goes all out curbing its rise.
Imo, China will still be a big power, but not a superpower let alone hyperpower ( I laugh at this terms) like some of our member like to imagine.
So, most of CN emplyee will become poor when they r 50 bcs bosses fired them at 35 and they can't find jobs any more and the government has to take care of them ?? :lol:Seems you don't know China has social security system, and poor people and families also got provided by the government. Do you?
Sure, most of Cnese are so desperate for jobs after bosses fire them at 35Better be prepared to see more try their luck when border is opened:
Chinese property developer Fantasia just missed a $206 million repayment deadline, a sign that China's real estate woes extend beyond Evergrande
Fantasia, worth $415 million, and its default add to fears that an imminent major collapse in China's property market could destabilize the entire country's economy.www.yahoo.com
These are vast life savings of many Chinese people. They put them nearly all into real estate...and looks like a prolonged tumble is going to occur.
CN make money just by begging help and being US's cannon fodder since 1978 to destroy Soviet for US.I personally feel PRC is getting into too much trouble prematurely (both regionally and domestically) relative to its economic juncture right now (it still buys 5 times the IP that it sells for example)....and its political system means it is reluctant to correct it too.
I guess let's see.
Overall I just see a more multi-polar world this century, this debate not ending (over who is who and where one definition starts and the other begins)...and the US being no.1 power overall foreseeably as long as it better resolves its debt addiction currently.
Rest depends on how China manages its demographic problem it set up for itself (along with the other problems like real-estate monolithism, water, maintaining control of larger Chinese)...and also how India and other large population countries shape up.
US debt addiction and PRC labour subsidy using that debt are actually hand in glove thing status quo wise for both.
But you do like pulling it out and shooting for the military-industrial complex.