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Thread: Chinese small business under threat from Coronavirus

  1. #21
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    Quote Originally Posted by Peter1469 View Post
    Bring those companies here.
    Our tax laws, labor laws, regulation, health care, wouldn't America would have a hard time convincing German engineers or English shipbuilders to move from China to the United States? Their consumers, business partners, financial and legal services are all right there in China. You must market the American product as well, it's not all a sale of soybeans-like transaction. America must compete with Huawei and British Airways alike.

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    Ransom's Avatar Senior Member
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    Quote Originally Posted by Lummy View Post
    No. China does not need financial aid from us. Are you crazy? Let me help you with that: Yes.
    I wasn't suggesting financial aid. I was suggesting we help with this health crisis. Offer medical advice, quarantine policies?

    Help mass produce a 'flu shot' to reduce symptoms, send a hospital ship to help with their overflow hospitals, nurses, even hospital beds or equipment.

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    PJL's Avatar Senior Member
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    Quote Originally Posted by Peter1469 View Post
    You are a economic illiterate. Bring industry back to the US and see us rise.
    This economic illiterate thinks that if you increase your industry to the moon and back , it's a wasted effort without increasing your customer base ..........smaller customer base = less sales.........with China's domestic consumer market still growing steadily , your thinking is economic suicide .

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    Quote Originally Posted by Ransom View Post
    I believe you've engaged in the very armchair analysis that Reinhold cautions against.
    Face facts , we are both just armchair analysts ...(lol)....but that does not alter the fact that the contents of your link is at best a bit sketchy , as the author clearly demonstrates with his disclaimer.

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    bulletbob's Avatar Senior Member
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    Quote Originally Posted by PJL View Post
    Face facts , we are both just armchair analysts ...(lol)....but that does not alter the fact that the contents of your link is at best a bit sketchy , as the author clearly demonstrates with his disclaimer.
    your not a arm chair analyst at all . and yes the usa already has a large customer base much of it inside the usa its self. china cant go on subsidizing industry and keep paying low wages forever

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    The Bottom Line

    Massive government spending has stoked China’s unprecedented growth over the last 30 years. Government control over major companies and the yuan’s exchange rate have generated large improvements in the Chinese economy. Its regulations on foreign businesses have helped as well.
    But China’s present debt-to GDP ratio is one of the highest in the world. Its domestic consumer demand is low. So, the nation relies heavily on exports. These factors are now considerably slowing growth.
    China’s government is facing the necessity of instituting delicate economic reforms. Such reforms include encouraging investments in China’s stock market, aggressively promoting the Made in China 2025 program, and developing innovative companies, among others. They want to prevent the possibility of another people’s revolution should a pervasive economic downshift occur.


    another issue china has is its dependency on oil from other nations , when the price of oil goes up many middle eastern nation the USA and Russia will benefit along with others but china will suffer.

    china also has another big issue it has to import a bigger and bigger amount of its food.

    commies love to paint a rose colored picture when there is no rose

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    Peter1469 (02-16-2020)

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    Quote Originally Posted by PJL View Post
    This economic illiterate thinks that if you increase your industry to the moon and back , it's a wasted effort without increasing your customer base ..........smaller customer base = less sales.........with China's domestic consumer market still growing steadily , your thinking is economic suicide .
    This does not make sense.

    Let's start again. Bring US business back to the US.
    ΜOΛΩΝ ΛΑΒΕ


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    bulletbob (02-16-2020)

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    Quote Originally Posted by Peter1469 View Post
    This does not make sense.

    Let's start again. Bring US business back to the US.

    you are right peter PLJ makes no sense he forgets that the usa has a huge customer base already the American citizen and American corporations .
    we already have a huge customer base overseas and at home . we also have the technology and the money to develop new customers and a supply chain our own oil for energy not to mention ng and coal and atomic.

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    Peter1469 (02-16-2020)

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    Quote Originally Posted by PJL View Post
    Face facts , we are both just armchair analysts ...(lol)....but that does not alter the fact that the contents of your link is at best a bit sketchy , as the author clearly demonstrates with his disclaimer.
    It's less sketchy than your wing it without a link supposition and guesswork.

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    Advertisement
    China admits it has no idea how many people in Wuhan have been exposed to coronavirus as officials hunt for patients door to door

    • Beijing's special team said they were yet to confirm the scale of the epidemic
    • But it warned the number of potential carriers in Wuhan could be 'quite large'
    • An expert warned the number of cases could be up to 25 times the official total
    • China's President Xi has called for a battle to defend Wuhan against the virus
    • Official have launched door-to-door checks to hunt down suspected sufferers
    By Billie Thomson For Mailonline
    Published: 12:38 EST, 13 February 2020 | Updated: 15:40 EST, 13 February 2020





    https://www.dailymail.co.uk/news/art...rus-Wuhan.html

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