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Xibanya posted:Indians will complain about how every time they call customer service they'll get "Manish" from "Bangalore" who is obviously Chad from Phoenix. When China's economy craters, it will probably greatly reduce real estate pressure in a bunch of North American cities as the biggest effect on America.
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# ? Apr 14, 2015 16:42 |
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# ? May 13, 2024 07:39 |
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People talk about how the Chinese and American economies are symbiotic when they aren't. It's more of a case of Americans farming Chinese labour and they'll move on to another farm once it craters.
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# ? Apr 14, 2015 18:14 |
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Xibanya posted:If China's economy craters in the next decade, what consequences will that have for the American economy? Will it hamper infrastructure development in places like Tanzania? None, and not really RE: Third world infrastructure, remember most of it isn't actually useful for the host countries, it's built 100% for the purpose of resource extraction by Chinese corporations. It's like the infrastructure built by classical European colonial governments. Most of it doesn't even employ native workers, they bring in workers from China and run it as a self-contained thing icantfindaname fucked around with this message at 18:42 on Apr 14, 2015 |
# ? Apr 14, 2015 18:21 |
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icantfindaname posted:None, and not really For what it's worth, when I lived in Dar es Salaam I resided in a high rise built and managed by a Chinese company. A lot of "middle class" amenities were also built and managed by Chinese companies, literal American suburbia style strip malls. Mainly patronized by middle class Indian immigrants of the 1st, 2nd, and 3rd generation variety. While I saw many factories owned by Indian immigrants or their descendants (Azam immediately springs to mind) it appears that the general philosophy of Indian entrepreneurs there has been to have a comfortable personal dwelling but to not put down the cash to create more "public" spaces aimed at the middle class. It doesn't have a huge bearing on infrastructure development as a whole, but Chinese investment is extremely visible in Dar es Salaam and Arusha.
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# ? Apr 14, 2015 22:21 |
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quote:
http://www.bloomberg.com/news/articles/2015-04-13/china-walks-264-billion-tightrope-as-margin-debt-powers-stocks
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# ? Apr 14, 2015 22:57 |
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Fojar38 posted:People talk about how the Chinese and American economies are symbiotic when they aren't. It's more of a case of Americans farming Chinese labour and they'll move on to another farm once it craters. Except that China's economy cratering only encourages more investment. US companies will move on if it doesn't crater.
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# ? Apr 14, 2015 23:35 |
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Time for some thread karmic retribution where we recall stupid declarations of stability and force the sinners to their knees before the celestial platform of heaven to beg their ancestors for forgiveness. Phone posting so i can't search but there were a couple of idiots here who claimed the Chinese real estate market would never decline.
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# ? Apr 14, 2015 23:42 |
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asdf32 posted:Except that China's economy cratering only encourages more investment. One big impact on the American economy I could see would be an increase in college tuition rates as Chinese nationals able to afford attendance decline, especially as things start getting bad economically in China and purges begin as mid- and upper-level bosses want to keep the take going on up to avoid being purged.
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# ? Apr 15, 2015 01:17 |
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Fojar38 posted:People talk about how the Chinese and American economies are symbiotic when they aren't. It's more of a case of Americans farming Chinese labour and they'll move on to another farm once it craters. Problem is you don't have any big farms left (that aren't already being used).
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# ? Apr 15, 2015 01:19 |
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Jumpingmanjim posted:http://www.bloomberg.com/news/articles/2015-04-13/china-walks-264-billion-tightrope-as-margin-debt-powers-stocks HSI dropped a bit yesterday, Ok Im going to hold on before I sell and make more imaginary profit
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# ? Apr 15, 2015 01:26 |
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http://www.telegraph.co.uk/finance/china-business/11533317/Three-ways-the-rise-of-Chinas-stock-market-will-change-the-world.html So how come the biggest China bulls tend to be British. I've been scouring the internet for information about this for the past while and whenever I find someone predicting the inevitable ascent of the Chinese to economic dominance of the globe it's 9 times out of 10 a UK publication or a British guy.
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# ? Apr 15, 2015 01:41 |
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Fojar38 posted:http://www.telegraph.co.uk/finance/china-business/11533317/Three-ways-the-rise-of-Chinas-stock-market-will-change-the-world.html Overinflated expectations of the results of Hong Kong being taken over allowing the rest of China to become the same?
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# ? Apr 15, 2015 01:56 |
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Nintendo Kid posted:Overinflated expectations of the results of Hong Kong being taken over allowing the rest of China to become the same? Maybe, although it goes even beyond that, and even the US state department has noticed and said that the UK in particular seems really eager to accommodate China. The UK breaking rank and joining the AIIB is the largest factor in that particular diplomatic boondoggle (as it was what caused the chain reaction), more than anything that was occurring in China or the US.
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# ? Apr 15, 2015 02:02 |
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Fojar38 posted:http://www.telegraph.co.uk/finance/china-business/11533317/Three-ways-the-rise-of-Chinas-stock-market-will-change-the-world.html The British Conservative party is full of cytpo-autocrats.
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# ? Apr 15, 2015 02:05 |
Nintendo Kid posted:When China's economy craters, it will probably greatly reduce real estate pressure in a bunch of North American cities as the biggest effect on America. Are there any concrete numbers on this? Everything I can find seems to just be anecdotal reports with large quantities of cash. I'm guessing shell companies are being used to shield the true identities but would expect Know Your Customer laws to kick in whenever that much cash moves to fund the companies. If poo poo gets bad in China would the people with money parked in the US try to liquidate? What happens if the owner behind a shell company gets caught up in the rolling anti-corruption thing going on, does the CCP take control of the asset or does it just zombie along until the shell corp runs out of cash to pay property taxes and the place goes up at auction?
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# ? Apr 15, 2015 02:23 |
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Shifty Pony posted:Are there any concrete numbers on this? Everything I can find seems to just be anecdotal reports with large quantities of cash. I'm guessing shell companies are being used to shield the true identities but would expect Know Your Customer laws to kick in whenever that much cash moves to fund the companies. A large part of it is probably just racism. The most expensive cities in the US are such because there are large numbers of people moving there, and Canada is due to the silly games its bank is doing with cheap credit.
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# ? Apr 15, 2015 02:25 |
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Shifty Pony posted:Are there any concrete numbers on this? Everything I can find seems to just be anecdotal reports with large quantities of cash. I'm guessing shell companies are being used to shield the true identities but would expect Know Your Customer laws to kick in whenever that much cash moves to fund the companies. You're not trying very hard because the NYT and WSJ have both run multi-page stories on why you're wrong.
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# ? Apr 15, 2015 02:27 |
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Shifty Pony posted:Are there any concrete numbers on this? Everything I can find seems to just be anecdotal reports with large quantities of cash. I'm guessing shell companies are being used to shield the true identities but would expect Know Your Customer laws to kick in whenever that much cash moves to fund the companies. Sure, they'll try to liquidate--everything they can strap on their body for the flight to LA.
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# ? Apr 15, 2015 02:55 |
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computer parts posted:Problem is you don't have any big farms left (that aren't already being used). Vietnam, Indonesia, Mexico, and Nigeria are all showing promise from what I understand.
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# ? Apr 15, 2015 03:07 |
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Fojar38 posted:Vietnam, Indonesia, Mexico, and Nigeria are all showing promise from what I understand. Tiny fraction of the population, Possible I guess, already being used, and literally in Africa, respectively.
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# ? Apr 15, 2015 03:09 |
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computer parts posted:Tiny fraction of the population, Possible I guess, already being used, and literally in Africa, respectively. A whole lot of SSA is productive, yet underutilized, agricultural lands. Mostly its mismanagement of a similar sort to Chinese soe's which causes issues with logistics, rather an issue existing on the production end. Africa holds great promise for development; why outsource to China when you can get labor for much cheaper in Africa?
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# ? Apr 15, 2015 03:12 |
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My Imaginary GF posted:A whole lot of SSA is productive, yet underutilized, agricultural lands. Mostly its mismanagement of a similar sort to Chinese soe's which causes issues with logistics, rather an issue existing on the production end. It's easier to bribe one official to muscle down on the rest of them then having to bribe a half dozen officials to get the same labor force.
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# ? Apr 15, 2015 03:29 |
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My Imaginary GF posted:Africa holds great promise for development; why outsource to China when you can get labor for much cheaper in Africa?
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# ? Apr 15, 2015 03:31 |
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My Imaginary GF posted:
Because China has better infrastructure generally; it's easier to find employees and get them where you need them. Also there are industry specific infrastructure and supply chains set up locally that are too efficient for a potential upstart competitor to beat, all else being equal. Basically why is Silicon Valley still a thing anyone cares about? I read an article a few years ago (which I can't find) that talked about Shenzhen and the fact that if you want to build some new electronic product, and you've got it designed and you know what parts you need to do it, you can spend a couple hours shopping, in person, and have the parts you need to build tens of thousands, immediately. If you wanted to do that anywhere else you'd have to wait days, at least, to gather everything you needed to begin.
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# ? Apr 15, 2015 03:43 |
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And yet apple has a market cap bigger than most countries. Hmmmmmmm I wonder whyyyyyyyyy
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# ? Apr 15, 2015 03:45 |
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Gail Wynand posted:Because China's success isn't just about cheap labor - it's also about good infrastructure, a relatively secure investment environment, and the specialized human/physical capital that builds up after being the world's factory for several decades. If companies just wanted cheaper labor, they'd outsource from southern China to the hinterlands but that hasn't happened nearly as quickly as analysts thought. Basically, you can source labor intensive productions (shoes, shirts etc) outside of China. For products that require heavy engineering skills (phones tablets droids electronic toys, cheap walmart appliances etc) there is no replacement for Guangdong, China. The Taiwanese are specialized in building cheap labor intensive factories all over South East Asia, you can ask them. It just take one hurricane (Thailand) or a political riot (Vietnam) to show how other South East Asian counties have inferior investment environments to Guangdong. whatever7 fucked around with this message at 03:58 on Apr 15, 2015 |
# ? Apr 15, 2015 03:56 |
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whatever7 posted:For products that require heavy engineering skills (phones tablets droids electronic toys, cheap walmart appliances etc) there is no replacement for Guangdong, China. Well, there are, just not in the developing world. Robots
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# ? Apr 15, 2015 04:01 |
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Lots of firms in Southern China are already using robots for production. Foxconn has an automation program to combat rising wages, but robots is not the end all be all of production. Basic parts and components still require cheap engineering, in the mean time GuangDong still remains king.
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# ? Apr 15, 2015 04:11 |
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caberham posted:Lots of firms in Southern China are already using robots for production. Foxconn has an automation program to combat rising wages, but robots is not the end all be all of production. Basic parts and components still require cheap engineering, in the mean time GuangDong still remains king. Robots they buy from Japan or the US.
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# ? Apr 15, 2015 04:26 |
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Fojar38 posted:Robots they buy from Japan or the US. You mean Japan or Germany/Switzerland. Which source their parts from China. American robots suck because Americans rather off shore everything to save costs.
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# ? Apr 15, 2015 04:58 |
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http://finance.yahoo.com/news/jim-rogers--absolutely--still-bullish-on-china-despite-slowing-economy--bubbly-stocks-192910998.html How did I not know about this wonderful man until now.
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# ? Apr 16, 2015 05:22 |
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http://www.japantimes.co.jp/news/2015/04/15/asia-pacific/forget-fukushima-china-powering-ahead-plans-new-reactors/#.VTCL7PmUd8G I know very little about china. for those predicting a crash, how bad would it be and would it negatively effect a ramp up like this? seems like really good news for pollution/climate change concerns.
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# ? Apr 17, 2015 05:29 |
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SKELETONS posted:http://www.japantimes.co.jp/news/2015/04/15/asia-pacific/forget-fukushima-china-powering-ahead-plans-new-reactors/#.VTCL7PmUd8G Ultimately it probably is going to make not as much of a difference as you think considering how little China gets from nuclear power. 80% of their power still comes from coal and much of it, lower grade varieties. Nuclear power is still only roughly 1-3% of total potential. I guess the decline of some heavy industries may help, but with the lack of environmental controls China has, it is going to be quite a while before you start seeing major changes. Ardennes fucked around with this message at 13:05 on Apr 17, 2015 |
# ? Apr 17, 2015 09:07 |
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If the government is serious about reducing coal use, the nuclear industry can grow by eating coal's market share. If it's not, nuclear is going to be like a cowboy with assless chaps in a dildo factory.
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# ? Apr 17, 2015 11:36 |
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Arglebargle III posted:If the government is serious about reducing coal use, the nuclear industry can grow by eating coal's market share. If it's not, nuclear is going to be like a cowboy with assless chaps in a dildo factory. So either way it's a win for nuclear.
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# ? Apr 17, 2015 12:17 |
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Coal prices are pretty close or are at an all time low, china has lax environmental standards, and they burn he shittiest thermal coal possible. There's no way nuclear can compete with coal in China. They're going to get their lunch eaten.
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# ? Apr 17, 2015 12:25 |
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Also, Shaanxi coal barons.
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# ? Apr 17, 2015 12:34 |
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Expansion of short selling, possible ban on margin trading, bloomberg terminals going down, busy day.
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# ? Apr 17, 2015 13:30 |
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computer parts posted:A large part of it is probably just racism.
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# ? Apr 17, 2015 20:55 |
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# ? May 13, 2024 07:39 |
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Ervin K posted:Can you connect the dots for me on this? Replace "Chinese" with "Jew" and read most posts about them buying up houses.
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# ? Apr 18, 2015 14:29 |