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Old 11-10-2011, 10:14 AM   #21
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Unless the Chinese open their markets more fully to American Goods, I can't see the U.S. government allowing this to happen. I mean its not like the Chinese would let the American's set up an economic sphere of influence in China.

As long as the Chinese are following the US laws, what's to stop them from buying a large chunk of land and then developing it.

I think what we are seeing here is a major global inequality though. The Chinese are buying land/resources all over the world. Meanwhile many of the Chinese properties/resources remain nationalised and non-citizens cannot purchase land. The best you can do is lease land from the government (although 70 years seems to be the standard lease, which is a long time) and good luck getting through the red tape.

In order to combat skyrocketting real estate prices, the Western governments shoudl start following the Australian model. Limit property ownership to one property per non-citizen.
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Old 11-10-2011, 10:19 AM   #22
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As long as the Chinese are following the US laws, what's to stop them from buying a large chunk of land and then developing it.

I think what we are seeing here is a major global inequality though. The Chinese are buying land/resources all over the world. Meanwhile many of the Chinese properties/resources remain nationalised and non-citizens cannot purchase land. The best you can do is lease land from the government (although 70 years seems to be the standard lease, which is a long time) and good luck getting through the red tape.

In order to combat skyrocketting real estate prices, the Western governments shoudl start following the Australian model. Limit property ownership to one property per non-citizen.
At some point as much as the concept of economic protectionism is a bad phrase, I think that nations are going to have to start firewalling themselves against the Chinese business model.

One of the things that really hurt the Japanese is that they bought a ton of American properties, and then lost money on it when the economy slide.

But at the end of the day, fair trade has to be fair trade, and with China intentionally devaluing their money, and paying slaves wages to their workers while closing off their markets to anyone elses goods.
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Old 11-10-2011, 10:19 AM   #23
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It's an absolute mess if you visit the villages. The entier country is at a crossroads, where the young, healthy people go to the cities for work (that the government stimulates the economy into making to ensure they're there), while the old and the children stay in the villages. Went back to my old village with my grandfather a few years ago...he said it basically hasn't changed except for the addition of electricity into each house.
I have been several times.

People are not allowed to get jobs in the cities due to the registry. Since they are not registered in a city they are not allowed to get a job in the city. So they take anything they can and are abused They do it knowing they can earn more in a day than they can earn in a month in a rural village.

Have you ever read " The Boat Will Sink the Water"? If not I suggest picking it up.
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Old 11-10-2011, 10:22 AM   #24
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I have been several times.

People are not allowed to get jobs in the cities due to the registry. Since they are not registered in a city they are not allowed to get a job in the city. So they take anything they can and are abused They do it knowing they can earn more in a day than they can earn in a month in a rural village.

Have you ever read " The Boat Will Sink the Water"? If not I suggest picking it up.
I might have to see if that book is available electronically.
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Old 11-10-2011, 10:25 AM   #25
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I might have to see if that book is available electronically.
Banned in China. Written by Chinese. Truly gut churning.
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Old 11-10-2011, 10:28 AM   #26
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Banned in China. Written by Chinese. Truly gut churning.

Will the boat Sink the water
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Old 11-10-2011, 10:29 AM   #27
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My plan is to go out in a blaze of glory, guns firing till the river runs red.
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Old 11-10-2011, 10:34 AM   #28
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Well if anywhere in the States, no one is going to notice in Idaho.
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Old 11-10-2011, 10:37 AM   #29
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Well if anywhere in the States, no one is going to notice in Idaho.

As long as we don't have to eat their Chips
http://grub.gunaxin.com/lays-flavors...ps-china/68318
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Old 11-10-2011, 10:39 AM   #30
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Will the boat Sink the water
Ooops

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Old 11-10-2011, 10:39 AM   #31
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Well if anywhere in the States, no one is going to notice in Idaho.
Well considering that china is becoming one of the bigger players in the underground gun markets I don't like your chances.
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Old 11-10-2011, 11:08 AM   #32
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Wasn't that what Hillary Clinton was pushing for a couple years back when she visited China and was urging the buying of US real estate. Largest reserves $3.2 Trillion in the world. Cheap Chinease goods made China the worlds biggest exporter and carved out middle class America. They are doing what Hillary was urging and buying distressed US assets including middle class American homes in forclosure.....and land in Idaho etc. etc.

How did China become an Economic Super power? America and Western Europe handed them the keys to the city so that they could buy cheap products at Walmart. In the process a large part of the source of wealth and economic strength was sacrificed.....mainly the "middle class".
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Old 11-10-2011, 11:32 AM   #33
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Wasn't that what Hillary Clinton was pushing for a couple years back when she visited China and was urging the buying of US real estate. Largest reserves $3.2 Trillion in the world. Cheap Chinease goods made China the worlds biggest exporter and carved out middle class America. They are doing what Hillary was urging and buying distressed US assets including middle class American homes in forclosure.....and land in Idaho etc. etc.

How did China become an Economic Super power? America and Western Europe handed them the keys to the city so that they could buy cheap products at Walmart. In the process a large part of the source of wealth and economic strength was sacrificed.....mainly the "middle class".
Hilary was pushing China to buy up land, like Idaho?
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Old 11-10-2011, 11:44 AM   #34
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Hilary was pushing China to buy up land, like Idaho?
Sure....why not
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Old 11-10-2011, 11:56 AM   #35
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As long as we don't have to eat their Chips
http://grub.gunaxin.com/lays-flavors...ps-china/68318
I actually like the Cucumber flavour. It's somehow refreshing and salty.
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Old 11-10-2011, 12:02 PM   #36
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First off, I have to take anything posted on a site named "endoftheamericandream.com" with a grain of salt.

How exactly would the Chinese pull off what is being proposed here? Would they be allowed to just import 5000 Chinese factory workers to Boise and pay them their slave style wages and operate everything as if they were still in China?

Wouldn't they have to employ Americans (or at least people with US work visas) and adhere to all of the labour laws in the States, including proper factory conditions and minimum wages?
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Old 11-10-2011, 01:02 PM   #37
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At some point as much as the concept of economic protectionism is a bad phrase, I think that nations are going to have to start firewalling themselves against the Chinese business model.

One of the things that really hurt the Japanese is that they bought a ton of American properties, and then lost money on it when the economy slide.

But at the end of the day, fair trade has to be fair trade, and with China intentionally devaluing their money, and paying slaves wages to their workers while closing off their markets to anyone elses goods.
Exactly.

There is no fair trade with China right now. They have no real environmental regulations, labour laws, or human rights; they masively devalue their own currency; and they put massive restrictions on foreign investment in their own country.

The problem China will see themselves facing is their economy is entirely based on manufacturing, which means you need a market for your goods. If the US economy is not healthy, you will have noone to sell your goods to.
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Old 11-10-2011, 01:53 PM   #38
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Exactly.

There is no fair trade with China right now. They have no real environmental regulations, labour laws, or human rights; they masively devalue their own currency; and they put massive restrictions on foreign investment in their own country.

The problem China will see themselves facing is their economy is entirely based on manufacturing, which means you need a market for your goods. If the US economy is not healthy, you will have noone to sell your goods to.
Isn't China buying Idaho supposed to help the USA? If what I read here is correct, the USA is actively shopping their land.
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Old 11-10-2011, 03:26 PM   #39
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I wish America/Canada would impose tariffs on countries that employ slave labor and human rights violations.
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Old 11-10-2011, 03:27 PM   #40
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Isn't China buying Idaho supposed to help the USA? If what I read here is correct, the USA is actively shopping their land.
I assume for purposes of debt relief on a state and/or federal level?
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