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EU vs China - Textile, Shoes vs Weapons
By: Various on: 16.06.2005 [12:20 ] (2877 reads)
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The European Union and China will face repeated tensions over trade unless European businesses respond rapidly to China's growing manufacturing clout...
Exports of Chinese shoes to the EU have increased by 700 per cent this year.
EU has become the biggest trading partner of China and China is the second trading partner of the EU.
Luxembourg Foreign Minister Jean Asselborn pledged in Luxembourg on June 15 to make more efforts for early lifting of arms embargo against China.
China demands that the EU lift arms embargo and pay attention to " ending political discrimination against China,..."
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Temporary offline
by profile on 16.06.2005 [13:22 ]
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This is more proof that the Whole balance of world power has shifted from West to East.Europe has no power,the pacific rim has it all now.China can blow up Europes economy any time it pleases and Europe and U.S can-not do anything about.China is putting the Thumbscrews on now.China also now has indirect control of OPEC.What Europe and U.S Did was outsource years ago the majority of industrial manufacturing to China and the Pacific,that Industry can never now be re-patriated because the fools gave China entrance to the WTO,access to open markets.If any Corporation re-patriated China would create an exact clone industry itself producing the same product only calling it something different and flood our markets at 1/10 th of the price of that company the company would go bust and all these companies and corporation now know this.If they re-patriated industry China would immediately pick up a very big hammer and nail every company too the wall.China would only do that if they repatriate,a big power-play a threat hanging over those companies,Years ago the saw Euro+$signs in their eyes so they outsourced then allowed China into the WTO without thinking of the possible implications of that,they screwed themselves.We in Europe+U.S outsourced industry thereby lost control of it,we then created a mountain of debt and finished it off by loosing control of the Oil (Energy taps).China can bury us economically anytime it pleases now.Its been like a race between the U.S and Europe on which one can dig their own grave first,the U.S is winning that race followed by a close 2nd from Europe
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by Xuma100 on 16.06.2005 [13:36 ]
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China also now has indirect control of OPEC
You keep repeating that line, profile, yet everytime you are proven delusional. You seem to stick to the zionist principle of repeating a lie until it is ceepted as truth.
What Europe and U.S Did was outsource years ago the majority of industrial manufacturing to China and the Pacific
You keep repeating that line too, profile, yet everytime you are proven delusional. The EU has not made the same mistake the USA has, EU retains its basic industries on purpose and even if they are unprofitable from the monetary point of view, Europe keeps them on purpose.
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by Xuma100 on 16.06.2005 [13:40 ]
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If any Corporation re-patriated China would create an exact clone industry itself producing the same product only calling it something different and flood our markets at 1/10 th of the price
There is something called patent law and intellectual property my friend, enforced on every country by the both the WTO and the nationals laws. Any country has the right to ban imports of products that violates these laws.
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by profile on 16.06.2005 [13:54 ]
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Xuma-It is pointless getting angry at me,i did not outsource industry-create a mountain of debt and loose control of the oil these people did.Greedy corrupt people have done that.I am pointing out what they have done they screwed themselves and all of us by their very actions.China now has thumbscrews,toescrews every type of screws all over Europe and the U.S now.
These people lost complete control of everything,they then got angry because of their own imcompetance and realised what they had done and went for China Indirectly militarily using militray pressure on North Korea as a pressure point over China.China got itself out of that and created alliances all over the Pacific rim.That is a massive Thumbscrew on us.China and the pacific rim countries created a mountain of wealth through current account trade and fiscal surplasses.We did the opposite we created a mountain of debt that has too be serviced with no tangible assets like oil and other natural resources too service that debt.Meaning China can blow our economies up anytime it pleases.It will do that by using the oil thumbscrew,it will increase slowly the price of oil which is inflationary if oil gets too around $100-120 a barrell.That will cause massive inflationary pressure all that debt cannot be serviced no tangible assetts hold it up.That will cause a banking collapse in western countries.Pacific rim countries have cash and not debt they can buy oil at those prices we cant,we go down the toilet and they survive along with opec countries and Arab/Islamic countries.China can do this now and we have given it the motive to do it by our actions of trying to militarily attack China through surrogates,it will not be pleased about that.Everytime you see oil slowly creeping up that is China-Japan putting the Thumbscrews on us.
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by Xuma100 on 16.06.2005 [14:14 ]
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Just irritated by your lies and repetition.
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by Xuma100 on 16.06.2005 [14:17 ]
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>>I am pointing out what they have done
It is your humble opinions, ignorance and misrepresentations what you are repetitively pointing out.
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by Xuma100 on 16.06.2005 [14:19 ]
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>>China now has thumbscrews,toescrews every type of screws all over Europe and the U.S now.
Sure profile, China is destroying Airbus with an invasion of female underwear. Get the hell otta here you cown!
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by Xuma100 on 16.06.2005 [14:25 ]
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>>We did the opposite we created a mountain of debt that has too be serviced with no tangible assets like oil and other natural resources too service that debt.
You should say "We the USA". Sorry to inform you that the EU's trade balance with the rest of the world is roughly even in monetary terms. You need to do some research before you post your loads of crap and disinformation for the gullible.
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by Xuma100 on 16.06.2005 [14:39 ]
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by Xuma100 on 16.06.2005 [14:55 ]
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>>if oil gets too around $100-120 a barrell....Everytime you see oil slowly creeping up that is China-Japan putting the Thumbscrews on us.
You are very confused again, profile. You think oil is going up when it is the US $TURD$ what has been going down relative to every currency. The price of oil in EUROS has remained quite stable... in fact it i as if Oil is being priced in EUROS. You have no idea what you're talking about.
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by Xuma100 on 16.06.2005 [15:04 ]
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... you will be flooded with our lingerie...
Maybe France should give China some nukes so our women can go back to wearing French lingerie rather than plastic bra's from Shang-Hai? This is a serious threat don't you feel that way?
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by profile on 16.06.2005 [15:10 ]
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The forward planners in all these western operational think tanks that create policy know what is going on,the difference is is they are not letting the media tell you the mess they have created.2 months ago oil was about $50 a barrell and $-euro was about 1.34.Today oil is around $55 a 10% increase and the $-euro is 1.21 which is a 10% currency devaluation.Both Europe+U.S have to buy that oil at a 10% increase,but in real terms Europe is worse off than it was 2 months previous because its value against the dollar has lost 10%.In real terms the U.S is 10% worse off and Europe is 20% worse.Because of the currency move.China has a peg to the $ which is commodity based and not to the Euro.
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by Xuma100 on 16.06.2005 [15:23 ]
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by profile on 16.06.2005 [15:49 ]
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by Xuma100 on 16.06.2005 [15:52 ]
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>>The oil price has gone up in 2 months
I hate to repeat myself profile but you're a persistent, insistent individual with the ability to bore a stone.... your 2-month analysis is very short-sighted and it doesn't give a picture of what is really happening.
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by Xuma100 on 16.06.2005 [15:55 ]
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>>China pegs its currency the Yuan to the Dollar and not the Euro.
Here again you contradict your own arguments, profile. This is good for the Euro and bad or the US $TURD$... can you figure out why?
I will leave it as an exercise for you to figure out what happens to Chinese exports when euro depreciates gainst the $TURD$/YUAN tandem making EU exports more competitive.
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by profile on 16.06.2005 [15:58 ]
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The Article you posted at the top is showing the exact picture of what is happening China is Nailing our Economies to the Wall and we can not do anything about that.It is not just shoes they are flooding into our economies its everything.I have pointed out whats behind it.You have helped greatly by posting the article which is part of the proof of what is going on behind the scenes.
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by Xuma100 on 16.06.2005 [16:03 ]
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>>The Article you posted at the top is showing the exact picture of what is happening China is Nailing our Economies to the Wall
IF it is as you say, you are totally unable to explain why or how and you could not make your case, profile. Do more research before posting nonsense, you come across as bogus analyst and I think this is not far from the truth.
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by Xuma100 on 16.06.2005 [16:07 ]
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>>It is not just shoes they are flooding into our economies its everything.
This is another one of your asinine statements. Bombastic and vacuous and cannot stand scrutiny.
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by Atreides on 16.06.2005 [18:47 ]
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I dont doubt they will lift the arms embargo soon.
As for chinese goods flooding western markets, china will show us the meaning of capitlism over the next decades. It's funny to see people who used to complain over backward communist economies like china's, going crazy now that china embraces capitalism. If they destroy our economies as 'profile' predicts, well, than we deserve it due to our own inflexibility.
I enjoy watching the rise of china to a powerfull nation. The priviledge of having developed economies with a decent living standard for its citizens is not reserved for western countries alone. It's a healthy thing that china and other nations now catching up.
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by FromPortugal on 16.06.2005 [19:06 ]
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The priviledge of having developed economies with a decent living standard for its citizens is not reserved for western countries alone
You say that chineses that work in textiles factories are going to have a decent living standard? i doubt that.
And what about a decent living for the europeans that make shoes and textiles? how can they have a decent living, going to unemployment?
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by Xuma100 on 16.06.2005 [20:04 ]
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>>And what about a decent living for the europeans that make shoes and textiles?
Those who buy a pair of chinese shoes once won't buy a second again. There's market for quantity and there's market for quality. As China's living standards rise, so will their demand for quality products, and the market for Europe will expand.
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