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The Original Post just vanished. This is the Response: (to the post that vanished) see vanished post at bottom RESPONSE China makes it choices based on its aim for Resources and Export Avenues. Eventually, many nations will have their own ways to deal with China's opposition and non performance stance against not just Russia, but N. Korea and its passive stance against Middle Eastern Terrorism. China is currently making policy for protectionist aims, to support it's export economy and its need for fuel. both of which ultimately will not be to China's advantage in the long run. Nation upon Nation began more than a Decade Ago, to re-think the Imported volumes from China. These same nations have un-rest at seeing their jobs shipped to China, but on a higher level, many nation have high frustration at China targeting industries in other countries and then flooding them with low grade goods to force business in other nations to close. An article about a few months ago, discussed by an American Furniture company who did an under-cover assignment. they pretended to want to have products built in China, In turn Chinese indusry officials, told them, they'd have to shutter their American Operation if they wanted to have products made in China. This angered the company and the company exposed this information in the general public, of China's methodology and structured aims to undermine American companies. The same information came forth, when it came to "Solar Panels", China flooded the American Market with Cheap Panels, causing great losses to Solyndra. It was also noted that Republican supported China's flooding the market, as a Republican Aim to defeat the works of President Obama. Today, there is a great amount of work compiling data on China's policies, it tried to force various industries to turn over proprietary data, as well as it has been aggressively hacking trying to steal hi tech information and other data. The level these things are being challenged are aggressive, but not designed to become headline news. We've seen it all before, the same process was pursued by Japan in the 1980's and 1990's, and Japan's economy still has not recovered. China cannot function to maintain what it has built without 7-8% growth factor. It is not programmable possible that other nations will settle for 1-2.5% growth to continue supporting China having a 6 point or more growth spread. China does not and cannot buy enough foreign good to balance trade. it is still decades away from improving its average citizen population to become broad based consumers of world goods. currently China is struggling, trying to figure ways to upgrade its internal population to become consumers, its a daunting task to get a 4-5% consumer increase in China, which is what it will need to offset the need for export profits. Massive infrastructure projects require massive investment for maintenance and servicing needs. There is a great need to have social safety net programs, which is a massive task, when one looks at 400+ million who will continually need assistance, and that number grows as the population ages. Already China has become to rely on immigrant labor, for a number of reasons, the rural and dire poor region still have challenges of massive portion to come close to the suburbs around its mega cities. Within its mega cities, the over-crowding is becoming more problematic, Inflation is being fought, but the need for it to increase is moving faster than the plans to avert it can be pushed forward. Power is always intoxicating, and it brings with it always illusions of invincibility. But within that is a class warfare that is strong that china will publish to reveal the truth. Income disparity, the wealthy flaunting excesses in the faces of the challenged poor. China is trying to do in 50 yrs what it would take 100 yrs to do. The double down effort is daily a costly matter, which meets with many challenges, some seen and some currently unseen. The march of the Oligarch's want more say, want more control and want more freedoms, which are counter to the base of communist principle, and China still has challenges of Capitalism Principles, that is in a dire fight against Communist Principles. The Young have seen a taste of capitalism, they have found the elements of freedoms that are enticing. They have internet accessibility which has made them more aware of many things, which they won't revert nor accept any aims to return to the old system. Therefore the Ruling Party Members, are in a quandary as to how to deal with this. A massive crack down won't work, because Tienanmen Square is a constant reminder of what can happen. But it is also a reminder that the people will only tolerate so much push back. China has been on a Global March seeking Resource Trade Agreements, some good and some not good. It has led to the backing of factions which are globally opposed by the UN. But equally so, some nations especially within Africa, currently accommodate the Chinese Investment, but that comes with much skepticism in other sectors within the same regions where China invest. Regime Change can turn that upside down in a very rapid movement. Russia does not have the massive Oil Reserves it had 40 yrs ago. Therefore its power in that regards has changed and it changes the position and stance that Russia can promote and support. Chinese currency is widely perceived to be undervalued against the dollar. Estimates of the degree of undervaluation against the U.S. dollar range from 7% to 67% according to Cline and Williamson ( 2007 ). "Chinese Firms exporting textiles and apparel receive the overwhelming majority ( 87% ) of their foreign exchange revenues in dollars. However, the distribution of export destinations is much more evenly balanced between the U.S. ( 24% ), Europe ( 30% ), Japan ( 14% ) and other destinations ( 32% ) . Most Firms with significant dollar receipts are able to correctly identify the potential risk of a strengthening of the renminbi against the dollar. However, this mismatch between currencies and actual destinations means that Firms are much more likely to be unaware of potential problems if the Chinese currency were to appreciate against the Japanese yen or European currencies such as the euro and pound. " Given the relatively intense competition and low margins in the textile and apparel industries, the hidden currency exposure and lack of effective risk management techniques combine to pose a substantial challenge for the Firms. In the aggregate these issues may present significant difficulties for officials in charge of managing the future course of the Chinese currency. A rapid appreciation of the Chinese currency could be the source of a substantial rise in unemployment for some of the most vulnerable employees in the export sector. While the survey does not offer direct evidence on pricing-to-market behavior by Chinese exporters, the results confirm that the most likely response of Chinese textile and apparel exporters in the face of an appreciating renminbi is to raise export prices. This in turn give more rise to the respective countries to re-industrialize their own country facilities to meet and provide the goods to their internal consumers. Add in public unrest and unemployment dis-satisfactions which is taking place in many countries. They will not allow the continued deterioration of their own internal systems, for the benefit of China's continual aim and pursuit of 8-9% growth rates on a yearly basis. they also have and will continue to build up firewalls against the targeted hacking of the Chinese systems aim to acquire data by malicious and undermining aims by any means. Original Post this response was written to: Xi Jinping: China will never support or participate in sanctions against Russia Russia eat a Chinese reassurance, said the long-term Sino-Russian relations. According to the "Voice of Russia" radio station reported that the Chairman of the Russian Federation Council Valentina Matviyenko • After a meeting with Chinese President Xi Jinping told reporters that China would never support sanctions against Russia, it will not participate . Matviyenko stressed, "This is China's public stance, we thank evaluated like China." According to Matviyenko introduced, China has publicly expressed the imposition of unilateral sanctions against unacceptable, illegal and counterproductive sexual positions. Matviyenko noted that our position here is absolutely consistent. She pointed out that both Russia and China that "sanctions ineffective, and sees it as trying to put pressure on national sovereignty, to make it change its position and make it weak, the other to prevent its development." Russia seems to be alluding to the most recent speech the United States and Europe, Russia sanctions strategy. According to Xinhua News Agency, the United States and European Union sanctions against Russia to upgrade again, the intention to increase the pressure on Ukraine to Russia in the issue. The new sanctions announced by the United States and Europe involving multiple sectors of the Russian financial, oil and military, a number of Russian companies and several individuals heavyweight pulled into the blacklist. According to the British "Financial Times" reported that the British Petroleum (BP), former chief executive Tony Hayward (Tony Hayward) warned that the United States and the European Union (EU) sanctions against Moscow may inhibit the global oil supply and push up prices, which in turn hurt the West . The World Bank's data also confirms Matviyenko's remarks. World Bank (World Bank), said the crisis in Europe and Ukraine affected by the sanctions, the Russian economy is expected to stagnate next two years. Russia is expected consumption growth is likely to slow in 2015 from about 2 percent to 0.5 percent this year. Russia, the United States and Europe facing sanctions could hear Chinese President Xi Jinping's commitment has brought pain to make sanctions halved. Some analysts commented that this should be regarded as a reassuring. Matviyenko also pointed out that no sanctions can affect the partnership between the two countries. She said, "Russia has a long-term strategic partnership prospects, she left the political situation without any ambition to anyone, because it conforms to the fundamental interests of our two peoples. From the mouth of China's President's hear such words are hard to come by. " Chinese President Xi Jinping met with Matviyenko, he said China and Russia to jointly safeguard the postwar order. (Reprint) |
