Our great American companies are hereby ordered ...
- Thread starter toguy5252
- Start date
https://www.cnn.com/videos/politics...-us-china-trade-war-chosen-one-sot-ip-vpx.cnn
I think that just makes the Trumptards bow down further into the dirt before him.
Suckers.
Of course it is going nowhere. That is entirely beside the point. He does not have the power or jurisdiction to enforce such an order. The fact that he made such a statement should be shocking to everyone but of course the Trumpanistas will make some excuses or attempt to divert. there must be something that Obama did that they can point to.
The Trumptards are a special type of brainwashed and uneducated fools. They can not:
A. Fathom that Trump doesn't have the power to make such an order
B. Fathom that such a statement is to rile up his mostly racist base (this time against China)
C. Fathom the hypocircy of Trump's statement while he selling and wearing his $10 Trump brand tie which is Made In China
D. Fathom that this not only makes the trade war Trump started with China even worse.
Remember that these uneducated fools who are easily brainwashed are the same people that kept on repeating the lie that the Caravan coming to the USA from South America had over 4000 terrorists amongst them......which it didn't.
Not to mention that the 'Caravan' is largely made up of Guatemalan refugees trying to flee climate change environmental catastrophe's that Trump's policies keep making worse.
Isn't that an odd comment from you? Are you on the side of the capitalist class?
Butler100%Exposed2.0
Nothing like telling other businesses not to buy Chinese products meanwhile having your own accessories Made In China, like the $10 ties he wears and sells. Also Ivanka Trump's clothing line is Made In China or whatever is left of the product/brand.
With Trump it's always been don't do as I do, do as I say.
The U.S. has bigger trade issues than some apparel. If you dig deeper, you would find everyone has something Chinese in their cupboard. Oyster sauce anyone?
Butler100%Exposed2.0
Way over your head but here I'll break it down for you again.
The Trumptards are a special type of brainwashed and uneducated fools. They can not:
A. Fathom that Trump doesn't have the power to make such an order
B. Fathom that such a statement is to rile up his mostly racist base (this time against China)
C. Fathom the hypocircy of Trump's statement while he is selling and wearing his $10 Trump brand tie which is Made In China
D. Fathom that this not only makes the trade war Trump started with China even worse
No I am not but I understand that they run things. I've always been preaching against pro-establishment candidates.
US investment in China rises despite trade war, says consultancy
Fast-growing domestic economy lures deals from Tesla, Bain Capital and others
Tom Hancock in Shanghai
August 26, 2019
Investments by US companies in China have grown this year despite the worsening trade war between Beijing and Washington, with American businesses lured by the country’s expanding consumer market.
US companies invested $6.8bn into China in the first half of the year, up 1.5 per cent from the average during the same period over the past two years, according to the Rhodium Group, a consultancy.
Most of that total went into greenfield projects, such as electric vehicle maker Tesla’s factory in Shanghai, which will be the first wholly foreign-owned auto plant in China. Other large deals included US fund Bain Capital’s $570m investment in data centre provider Beijing Qinhuai.
“Companies we speak to are still investing and many are expanding to second and third-tier cities,” said Ker Gibbs, head of the American Chamber of Commerce in Shanghai. “They tell us that the China consumer growth story is still strong.”
The data underlines the conflict between the strategy of many US businesses and the rhetoric of President Donald Trump, who on Friday said he had “ordered” American companies to leave China.
The Rhodium Group said that most of the US investment this year had come from multi-year construction projects. It said there had been some drop in the value of newly announced projects, particularly in the information and communications technology sector this year, in part due to the trade war.
The Rhodium Group figures differed from official data from China’s Ministry of Commerce, which estimated that US FDI fell 15 per cent in the first half of this year, down from $1.9bn a year earlier.
However, analysts said the Ministry of Commerce figures missed a number of projects while the Rhodium Group’s methodology was considered more reliable.
The ministry estimated that overall foreign direct investment into China rose by 7.3 per cent in the first seven months of this year from the same period a year earlier to $75.6bn. That increase was an acceleration from the 5.5 per cent growth in the same period last year.
“Our experience is that local governments are still very welcoming of American and other foreign investment. They often go out of their way to help companies,” said Amcham’s Mr Gibbs.
Commercial real estate has become popular with foreign investors as funding constraints on domestic developers reduce valuations in the sector. Foreign investors announced deals worth $6.7bn in the first half of this year, according to consultancy CBRE, up from $2.6bn in the same period last year.
While many manufacturers once saw China as an export hub, an increasing number are producing for domestic consumers.
Consumer spending has accounted for more than 75 per cent of China’s economic growth so far this year.
According to an Amcham China survey in May, 35 per cent of US companies in China said they were adopting an “in China, for China” strategy to cope with the impact of tariffs.
Nike said in June it would “expand production in China for China”, while US chemical company Dow in June broke ground on a new silicone resin plant in eastern China to meet growing needs for high-performance materials in China.
“Fortune 1000 companies in anything to do with high-end manufacturing . . . are doing deals and expanding their China operations,” said James McGregor, greater China chairman at consultancy Apco. “They know that China will continue to be the world's most active manufacturing centre.”
Some manufacturers were relocating outside China but mainly to avoid rising wages, said Mr McGregor.
https://www.ft.com/content/cabf76d4-c5a1-11e9-a8e9-296ca66511c9
Fast-growing domestic economy lures deals from Tesla, Bain Capital and others
Tom Hancock in Shanghai
August 26, 2019
Investments by US companies in China have grown this year despite the worsening trade war between Beijing and Washington, with American businesses lured by the country’s expanding consumer market.
US companies invested $6.8bn into China in the first half of the year, up 1.5 per cent from the average during the same period over the past two years, according to the Rhodium Group, a consultancy.
Most of that total went into greenfield projects, such as electric vehicle maker Tesla’s factory in Shanghai, which will be the first wholly foreign-owned auto plant in China. Other large deals included US fund Bain Capital’s $570m investment in data centre provider Beijing Qinhuai.
“Companies we speak to are still investing and many are expanding to second and third-tier cities,” said Ker Gibbs, head of the American Chamber of Commerce in Shanghai. “They tell us that the China consumer growth story is still strong.”
The data underlines the conflict between the strategy of many US businesses and the rhetoric of President Donald Trump, who on Friday said he had “ordered” American companies to leave China.
The Rhodium Group said that most of the US investment this year had come from multi-year construction projects. It said there had been some drop in the value of newly announced projects, particularly in the information and communications technology sector this year, in part due to the trade war.
The Rhodium Group figures differed from official data from China’s Ministry of Commerce, which estimated that US FDI fell 15 per cent in the first half of this year, down from $1.9bn a year earlier.
However, analysts said the Ministry of Commerce figures missed a number of projects while the Rhodium Group’s methodology was considered more reliable.
The ministry estimated that overall foreign direct investment into China rose by 7.3 per cent in the first seven months of this year from the same period a year earlier to $75.6bn. That increase was an acceleration from the 5.5 per cent growth in the same period last year.
“Our experience is that local governments are still very welcoming of American and other foreign investment. They often go out of their way to help companies,” said Amcham’s Mr Gibbs.
Commercial real estate has become popular with foreign investors as funding constraints on domestic developers reduce valuations in the sector. Foreign investors announced deals worth $6.7bn in the first half of this year, according to consultancy CBRE, up from $2.6bn in the same period last year.
While many manufacturers once saw China as an export hub, an increasing number are producing for domestic consumers.
Consumer spending has accounted for more than 75 per cent of China’s economic growth so far this year.
According to an Amcham China survey in May, 35 per cent of US companies in China said they were adopting an “in China, for China” strategy to cope with the impact of tariffs.
Nike said in June it would “expand production in China for China”, while US chemical company Dow in June broke ground on a new silicone resin plant in eastern China to meet growing needs for high-performance materials in China.
“Fortune 1000 companies in anything to do with high-end manufacturing . . . are doing deals and expanding their China operations,” said James McGregor, greater China chairman at consultancy Apco. “They know that China will continue to be the world's most active manufacturing centre.”
Some manufacturers were relocating outside China but mainly to avoid rising wages, said Mr McGregor.
https://www.ft.com/content/cabf76d4-c5a1-11e9-a8e9-296ca66511c9
Yes Bain Capital is Mitt Romney's company. They have interests in a lot of corporations. They are also major share holders of Canada's own Canada Goose.
I don't see any corporations listening to Trumpty Dumpty when he manufactures his own products in China.
That's why China is cutting interest rates, devaluing its currency and pumping government funds into affected sectors... because the trade dispute has no impact.
The current trade dispute The United States has with China is over the 5G technology that Huawei possesses and the reason behind it is American communications companies are far behind in this technology. China has vowed not to loose this trade war an they have put $5Trln American Dollars aside just in case they need to use it for the trade war, which they haven't yet. They also have another tool at their disposal prior to using the funds put aside which they haven't even done yet. If they do the average person will have a hard time financially. And that is not a good scenario for your supreme leader Trump. So my guess is he will fold like a cheap suit or in his case like his cheap ties (Made In China) and he will do it soon. But lucky for you he will misinform and sell it to you (his uneducated fool of a base majority) as a win so you can still clap your hands.
