<div class="bbWrapper"><blockquote data-attributes="member: 1" data-quote="MJ DeMarco" data-source="post: 778744"
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-title">
<a href="/community/goto/post?id=778744"
class="bbCodeBlock-sourceJump"
rel="nofollow"
data-xf-click="attribution"
data-content-selector="#post-778744">MJ DeMarco said:</a>
</div>
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
I don't think China will cave.<br />
<br />
The beauty of communism is all they have to do is be patient and wait for a new president, either D or R. That will be in 20 months or in 4 years. If they watch American news, they probably think the chances of DJT being reelected is slim and none. So why bother when they can just delay, delay, delay...
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote>They don't really practice Communism, with its open market policy at all.<br />
<br />
A bit of history...<br />
<br />
When Deng Xiaoping, the strongman who reversed the past disastrous Mao policies took over, he had to convince the Red folks to begin moving closer to capitalistic routes. So, he titled his new philosophy 'socialism with Chinese characters', which simply means in a nutshell socialism adapted to the Chinese problems with their market value system.<br />
<br />
But yes, they can delay. <br />
They've got plenty of Asian countries around them to buy and sell stuff without tariff fears. <br />
It's not as if they'd go hungry and impoverished with more US tariffs...<br />
<br />
As for reelection, from an outsider's POV, I don't think global affairs are the only thing to determine voter decisions. There's also local affairs and policies that voters think of.<br />
<br />
<blockquote data-attributes="member: 8202" data-quote="Vigilante" data-source="post: 779222"
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-title">
<a href="/community/goto/post?id=779222"
class="bbCodeBlock-sourceJump"
rel="nofollow"
data-xf-click="attribution"
data-content-selector="#post-779222">Vigilante said:</a>
</div>
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
<a href="https://www.chinalawblog.com/2019/05/the-us-china-cold-war-starts-now-what-you-must-do-to-prepare.html?fbclid=IwAR2StyS-E0qKM1il_qjW97pS94mUW3P64rVbsmyFmGVEDxjtCMcctwaUilo" target="_blank" class="link link--external" rel="nofollow ugc noopener">https://www.chinalawblog.com/2019/0...il_qjW97pS94mUW3P64rVbsmyFmGVEDxjtCMcctwaUilo</a><br />
<br />
<span style="font-size: 22px"><b>The US-China Cold War Starts Now: What You Must do to Prepare</b></span>
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote>For some reasons, it reminds me to look back in history at Japan, who used to be in China's shoes as a rising Asian power, what with the Russo-Japanese conflicts, Meiji restoration and all...<br />
<br />
<blockquote data-attributes="member: 8888" data-quote="socaldude" data-source="post: 778912"
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-title">
<a href="/community/goto/post?id=778912"
class="bbCodeBlock-sourceJump"
rel="nofollow"
data-xf-click="attribution"
data-content-selector="#post-778912">socaldude said:</a>
</div>
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
The optimal strategy in game theory is always tit-for-tat.<br />
<br />
At this point we are heading for a trade war.<br />
<br />
Remember China is <b>communist, </b>I'm not entirely familiar with china but based off my experience the politics there are very machiavellian.
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote>Yes, machiavellian.<br />
<br />
Consider that 50 years ago, the Chinese were fighting a massive civil war that killed MILLIONS. It's not that long ago. Such an event has put in the people a drive to fight for survival every day, even though China is not as battle-torn as it used to be. <br />
<br />
That is why here in Malaysia, mainland investors and girls brings a lot of worries, even over handshakes and drinks. You just don't know whether they are friends or cheaters.<br />
<br />
Plus, the power of the law is much more enforced in Chinese culture. We have the Confucius call for moral governance and piety on the 'nicer end' of the paradigm, only to be faced off by the legalism of the Shi-Huang Di time. So laws have become tools to play with.<br />
<br />
<br />
<blockquote data-attributes="member: 28319" data-quote="AgainstAllOdds" data-source="post: 778603"
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-title">
<a href="/community/goto/post?id=778603"
class="bbCodeBlock-sourceJump"
rel="nofollow"
data-xf-click="attribution"
data-content-selector="#post-778603">AgainstAllOdds said:</a>
</div>
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
It's negotiation and game theory at its finest.<br />
<br />
China wants to wait off closer to the election to figure out whether or not Trump is getting re-elected. Meanwhile Trump is forcing them to make a decision now. Either they take the deal that he's offering, or they risk being screwed for 5 more years assuming he wins in 2020.<br />
<br />
Personally, I'm 100% behind the tariffs. China will cave before the U.S. (Trump) does.<br />
<br />
<div class="bbMediaWrapper" data-media-site-id="vimeo" data-media-key="311307318">
<div class="bbMediaWrapper-inner">
<iframe src="https://player.vimeo.com/video/311307318"
loading="lazy"
width="560" height="315"
frameborder="0" allowfullscreen="true"></iframe>
</div>
</div><br />
An individual whose opinion I admire on the topic is Marty Davis from Cambria. Essentially, his main point is like all economists, that economics supports free trade. However, you cannot have free trade without fair trade (lack of subsidies, excess of government loans, free electricity, currency manipulation, etc.).<br />
<br />
What Trump is doing is enforcing fair trade in order to allow for free trade. Tariffs are an enforcement tool, and Trump is using it as such.<br />
<br />
These tariffs are really low risk, really high reward in terms of getting China to do what the U.S. wants.
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote><br />
I really had high hopes that the US-China talks would reach some kind of agreement.<br />
<br />
Some of my Chinese relatives have been sounding rather anti-American in the last Chinese New Year reunion, and this makes me ill, considering you guys aren't a bad bunch! <img src="/community/imgs/emoticons/em-frown.png" class="smilie" loading="lazy" alt=":(" title="Frown :(" data-shortname=":(" /></div>
