I often laugh at silly Mickey Mouse countries wanting to pick a fight with China, like the idiots in the Philippines. Don't laugh. They are buying or getting free museum pieces of bathtubs, they called warships, to want to fight China. They called it bravery, but the world called it stupidity.
Then there is bankrupt Europe, still pretending that they are anything to deal with. Every European country is bankrupt today. Period. Stop lying and masquerading that they are still the Empires of yore. Everyday we hear silly European political leaders threatening China, banning China or sanctioning China here and there. But quietly, their business big guns are buying everything Chinese, negotiating for partnership and joint ventures with Chinese companies, and moving their factories to China. The trade deficit with China is US$1 billion per day and growing. Those that are slow or not doing it will lose the game. China's entry into European and American markets are unstoppable. The game is over.
But silly European leaders still think they have cards to play without knowing every card is a joker. China is the one that is holding all the big cards. Stop deceiving themselves and their people, Europe is a has been. This is not a poker game when one still stands a chance to bluff his way hoping to win. This is a transparent game, when the European leaders are walking around naked, including Ursula von Leyen. China is seeing through everything. There is nothing to hide anymore. Someone please be kind and tell von Leyen that she is not wearing anything.
Engage China, partner China and stay in the game or be history. If the big guns like VW, Mercedes Benz, BMW are already hoisting the white flag, where is the hope of other Mickey Mouse companies and countries to want to put a false stand against China? And they refuse to allow Chinese investments in Europe that could reduce the trade deficits and cost of living, and providing jobs in new industries that they are no longer competitive. But not to worry for the losers, the smarter European countries have already invited Chinese investments into their countries, quietly, without any fanfare. And they are so silly to want a fight with Russia, their main benefactor providing them with cheap oil and gas and everything.
European leaders are a joke. But they did not know that the world is laughing at them. They cannot bluff their way anymore. It is more advisable for them to beg to cooperate with China to live for a few days more. The days when they had the guns to run wild all over the world, invading and plundering countries would not be repeated again.
And they think they can bully China? Silly Mickey Mouse leaders have the brains of a mouse. If they can't compete with China, why not partner China and sell to the rest of the world?
'“I’m all in favour of facilitating Chinese investments in Europe, including in areas like the car industry,” says the Frenchman.“Thirty years ago, China told us, ‘Welcome to China. But we need technology transfers.’ We were ahead at the time. We’re now lagging behind. They’re ahead. Why not the same recipe — 30 years (later) — the other way around?”' CNA
China will eventually abandon Europe when the Global South continues to progress and poverty reduced. With all the hurdles that the Europeans are placing in front of China, de-coupling from Europe is the best thing for China. With about 700 million in all of Europe, that can be sacrificed compared with 6.5 billion or around 85% of the global population.
ReplyDeleteAs I said many times before, selling to the USA or to Europe is just the same as selling to the Global South. China just have to sell at the same price, make the same things incurring the same cost, makes the same margin of profit, keeps the factories running and people gainfully employed.
China has already abandoned a few European states - Lithuania and soon Poland. The Netherlands will find out once China succeeds in its EUV machine venture. But China is not just putting its eggs in one basket over EUV machines. China is finding new ways to extract more value from lower-end chips made with DUV machines that China has in abundance. Most of the world's consumer products are dependent on legacy chips, not high-end Nvidia chips. Those chips are only for mobile phones, military usage, AI and data center consumption.
The latest update puts 5 nanometer chips ready for mass production by Chinese tech firms not far away. The other news of even better chips being tested is subject to verification.
Even now China were to stop their Trade with the Euro Nuts they won't die lah!
DeleteNow foods security theirs also top ranked their own production
Their Reserves of Trillions can last a long long time
Their cordial Realtionships with so many friendly countries would supply their needs
Europe can now be colonised by China. Europeans can be sold to China as slave labour. Now, US will have a case against China about slave labour. But it'll not be in Xinjiang but in the big cities where the rich are and need labour.
ReplyDeleteNow the Chinese have a dilemma: choose a robot or a European slave. Robots don't complain and work 24 hours a day and don't have unions.
European slaves will want a 4 day week, demand a union to represent them and want all kinds of benefits.
Think the chances of European slaves in China are remote. Robots win in the end.
China has more than 350,000 industrial robots now installed in factories all over the country. No unions to cause trouble, no strikes, no fear of slave labor accusation, no overtime payments working 24/7 and enabling Chinese manufacturing to produce goods so cheaply that no other country can compete. The USA tried to spin such cheap output as all because of subsidies.
DeleteNow, why would China want to import European workers to cause trouble and later accuse China of ripping them off.
Eat finish nothing to do ah!
Maybe they will accuse China of mistreatment of robots producing cheap products. So, those products should be banned.
DeleteEuropean leaders care more about supporting USA than about taking care of its people. Just look at the sacrifice made to get themselves deprived of Russian energy and paying an arm and a leg buying expensive energy from USA and elsewhere. Can you believe in such stupidity?
ReplyDeleteThey meekly accepted the destruction of the Nord Stream pipelines by the Americans. Can you believe it, cutting off their life line from Russia.
ReplyDelete