The idiocy of white men in complaining about Chinese subsidies...they want their people to pay more for everything

 The Americans and Europeans are complaining about China subsidising its industries to sell cheap and good products to them. This illogical narrative has got so much traction that the white men are going crazy tearing their hair off that this is unfair competition. They did not know the real meaning and value of subsidies on both sides of the coin. But their people know and are out on the streets to protest, wanting cheaper cost of living and everything.

The Chinese are as good as saying, I am taking lower pay, to eat less, to work harder and sweat more, to make goods that should cost $100 but selling to the white men at $10. The Chinese workers are actually subsidising the white men, to make them richer, make their money stretches bigger, to have the good stuff at a fraction of what they should cost. The Chinese are allowing the white men to steal their labour and wealth, just to earn a few cents, or at a loss. 

But the white clowns are unhappy. They want their people to pay more for everything. They did not want discounts. Their lives have never been better if not because of all the cheap and good stuff the Chinese are selling to them. The Global South people are not complaining, enjoying the benefits of having to pay so little for so much, for things that they would not be able to afford.

In normal circumstances, the confident white men should be saying a big thank you to the Chinese workers for making them richer. But the dull politicians are concerned about trade deficits against China. That trade must be balance. In reality, in a free economy, in Capitalism, every country will seek to produce goods with competitive advantage, producing things they can produce well and not producing things they cannot do well.

The white men have moved up the economic and industrial ladder, producing better and more advanced goods and services at bigger profit margins. They should take advantage of their competitiveness in areas they can do best and make more profits along the way. But their stupidity said, don't sell expensive and high profit margin goods to China, sell China goods they did not want, and then complained that their trade balance are in China's favour.

China does not have this problem. China keeps innovating and keep moving up the technology ladder, producing better and more advanced goods and transferring the less advanced goods to other countries climbing up the ladder. China have trade surpluses with some countries and trade deficits with some countries. That is normal. There is no such thing as trade balance with every country.

When China faces competition or obstacles, like being choked by the island chains and Malacca Strait, China did not cry father and mother. China did not confront the problem with force. China would not fight a losing war, like not competing in goods and services that it could not win. China work around the problems, seek alternatives, open the western front, open BRI to bypass the chokepoints. 

The white men can do the same, work around the problems, innovate and create better and more advanced goods and services in other fields and move ahead. But they did not do so. They seek to demonise China, wanting to fight China in areas and goods and services they are no longer competitive. They want China to tie its own hands and legs and let the white men walk all over them.

The white men should enjoy all the highly subsidised goods and services from China, especially the Europeans. The savings from importing cheaper Chinese goods and services can be applied to make themselves more competitive in other markets with their goods and services. Buy low sell high. Fight in the American market where they can be competitive, and the Americans have the money to pay for them.

Take full advantage of cheap subsidised Chinese goods and services, like the people of the Global South and stop complaining and look silly. You don't have to confront every problem square on. Mao said, you fight your war, I fight mine. Fight in areas or sectors you have advantage over others.

Unfortunately, the white men have few areas they are still having advantage over China. The future is very grim for them as they are unable to benefit from the goodies offered by Chinese workers, subsidised by Chinese workers who are prepared to get paid less and eat less. And they are forcing their own population to pay more by imposing sanctions and tariffs on these goods and services. What idiocy! Turning Capitalism upside down. The people in Europe are rising to bring down their silly leaders who are not affected by the high cost of living. American top 1% owns wealth equaled to 90% of all Americans.

Oh, another easy way out. Stop buying Chinese goods and your trade balance will balance by itself. Buy expensive American goods and be happy with it?

National Security threat is all about protecting American hegemony

After all the accusations about Huawei being a National Security threat, where are the evidence? Nothing has been proven that I know of.

The only thing I believe that has been apparently proven to be true is that Huawei's 5G network could deny the USA the ability to spy and conduct espionage against China, and if the Europeans allowed Huawei 5G into the European network would also deny the USA the ability to spy on European leaders. But, of course, members of the Anglo-Saxon family spying on each other are normal activities, with even European family members assisting the USA to spy on other European family members. It is, after all, all in the family.

China's 5G network is a shield against USA and Western conventional spying activities but beware of a new alternative rising using AI. We know AI is great in mining for information, so the usage of AI for spying and espionage is just touching the tip of the iceberg. Forget about the all the assurances trotted out by USA big tech about putting in safety features inside their AI models. They are just trying to fool the kids when money-making has no glass ceiling.

The USA probably knows what AI can do to National Security and will eventually fabricate issues and find ways and means to keep out Chinese AI usage by entities inside USA and banning all Chinese AI models. China should do the same, as what is sauce for the goose is sauce for the gander.


Anonymous

ASML is the last hurdle to cross and China will leap over in a few years

There is going to be a battle for propaganda generation using AI moving forward. That is not mainstream news now, but it will be soon. It is already quite evident watching videos on Youtube, and China has to ensure USA AI models do not penetrate the minds of the Chinese. Western AI models will be used as alternatives to conventional spying and espionage methods if China has to enact stringent rules and regulations like it did against USA apps like Google and Youtube. Saying that is probably underestimating the Chinese awareness of what the USA is trying to do. It is now apparent in countries elsewhere of cyberattacks using AI, though still not reported in China due to limited usage.

Having said that, China is making AI cheap and able to proliferate in the Global South, while USA AI models cannot compete to fabricate propaganda widely, owing to its high cost of usage and adoption in poorer countries. That is going to dictate who will win the propaganda war in the Global South in the coming years.

The USA can ban all Chinese AI models in the country, but China is probably unfazed. What do 340 million people matter in a world of 8.3 billion? Taking in the Europeans just make a little more of a billion of Anglo-Saxon Whites. In any case, the redneck and hillbillies have already been brainwashed for decades, so un-washing their thinking is difficult and impossible.

Let me talk about ASML, the maker of EUV machines, whose position is not infallible. ASML depends on a wide global supply chain of more than 5,000 companies, spread out over Europe, North America and Asia. China holds just one aspect of that supply chain - rare earth magnets. The direct consequential impact of sanctions on ASML by China may be minimal and tolerable with alternative sources of rare earth magnets for the Dutch company. However, some of those entities that provide the supply chain elements for EUV machines for ASML also depends on China's rare earth. So, it is going to be who is the final arbiter of who gets to be punished more severely eventually and indirectly.

ASML will never reveal the shortcomings of its supply chain. Moreover, China just needs time to overcome its chip-making reliance on ASML. The estimate is that China will be able to commercially produce its EUV machines by 2030. That is just four years away as against the prediction of a ten-year lag time. We shall see.


Anonymous