Best of the Week
Most Popular
1.Stock Market in DANGER of Strangling the Bears to Death - Nadeem_Walayat
2. Germany Pivoting East, Exit US Dollar, Enter Gold Standard - Jim_Willie_CB
3.Flight MH17 – Kiev Flash Mob's Last False Flag? - Andrew_McKillop
4.Stock Market Crash Nightmare! - Nadeem_Walayat
5.Gold - The Million DOLLAR Question... - Rambus_Chartology
6.Gold And Silver – BRICS And Germany Will Pave The Way - Michael_Noonan
7.The Jewish Selfish Gene, People Chosen by God, Everyone Else is Goyim to Kill - Nadeem_Walayat
8.The Israeli Promised Land Dream - The Criminal Roadmap Towards “Greater Israel”? - Felicity Arbuthnot
9.Which Way is Inflation Blowing? Watch Commodities - Gary_Dorsch
10.U.S. Economy Quarterly Review and Implications for 2014-2015 - Lacy Hunt
Last 5 days
Why the Stock Market Is Heading For A Fall - This Time Is Not Different - 25th July 14
An Economic “Nuclear Strike” on Moscow, A “War of Degrees” - 25th July 14
BBC, Western Media Working for Israeli Agenda of Perpetual War to Steal Arab Land - 25th July 14
Ukraine: What To Do When Economic Growth Is Gone - 24th July 14
Stock Market Clear and Present Danger Zone - 24th July 14
The Five Elements to Creating a Something-for-Nothing Society - 24th July 14
Instability is the New Normal? - 24th July 14
Israel's Suicide Bombers Over Gaza - 24th July 14
EUR-AUD Heads Into The Danger Zone - 24th July 14
Tesco Supermarket Death Spiral Accelerates as Customers HATE the Mega Brand - 24th July 14
Ukraine MH17 Crisis - Best Remember Who Your Friends Are - 24th July 14
Three Reasons Why Gold Price and Gold Stocks Will Rise - 24th July 14
HUI Gold Bugs Fighting To Break Downtrend - 23rd July 14
What Putin Knows About Flight MH17 - 23rd July 14
Why Microsoft Will Continue to Rebound, Huge Upside Potential - 23rd July 14
Will Putin Survive? - 23rd July 14
MH17 Crash Next Phase Economic Warfare - 22nd July 14
The TRUTH about China’s Massive Gold Hoard - 22nd July 14
Forex Multi-week Consolidation in EUR/USD Ended - 22nd July 14
Bitcoin Price Medium-term Trend Being Tested - 22nd July 14
Beware Of The Flash Mob - 22nd July 14
Can Putin Survive? - 22nd July 14
Israel Assault on Gaza: A Historic Crime, Nazi Like Final Solution - 22nd July 14
Zionist Israel an International Pariah - 22nd July 14
Reflections on the Global Misery Index - 22nd July 14
GDP Economic Statistic : A Brief But Affectionate History - 22nd July 14
TransTech Digest: Super Battery Bio-Power vs. Dirty CleanTech - 21st July 14
How to Find Trading Opportunities in the Currency Markets - 21st July 14
Stock Market One More Pull Back - 21st July 14
The Conquest Of Real - Degenerate Philosophies of the Book - 21st July 14
A Clear Way to Profit from a Graying Population - 21st July 14
Last Chance Critical Financial Market Forecasts Special Total Access - 21st July 14
Stock Market Crash Nightmare! - 21st July 14
Why the Stock Market Is STILL Cheap - 21st July 14
From Gore-Bore To Gore-War - 21st July 14
Gold Price Looking Drab - 21st July 14
An In-Depth Look at Gold Chartology - 21st July 14
The Jewish Selfish Gene, People Chosen by God, Everyone Else is Goyim to Kill - 20th July 14
AUD NZD Taking The Forex Bull By The Horns - 20th July 14
US-backed Israeli Invasion of Gaza Unleashes Death and Destruction - 20th July 14
The Israeli Promised Land Dream - The Criminal Roadmap Towards “Greater Israel”? - 20th July 14
Stock Market in DANGER of Strangling the Bears to Death - 20th July 14

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Advantages of Chinese Trade Policy

Politics / Protectionism Jun 06, 2012 - 04:15 AM GMT

By: BATR

Politics

Best Financial Markets Analysis Article"The Chinese may take risks far more than average Americans do, thanks to advice from traditional proverbs."

The saying "At a good bargain, think twice" is pretty risk-averse. On the other hand, a typical Chinese proverb such as "Seize an opportunity and make good use of it" shows how risk-taking is ingrained in Chinese culture.


Much of the coverage on the imbalance in global trade focuses on Chinese imports into the U.S. In order to understand these disparities, a short review of the International Viewpoint list is helpful, from an Asian perspective, why China is the world trade leader.

There are seven great advantages of China.

First, she has a more developed and balanced industry than many developing countries.

Second, China’s very strong and effective state machinery has been an effective tool for mobilizing resources for modernization.

Third, the sheer size of China - a huge country with a population of 1.3 billion - greatly magnifies the advantages of effective state-led growth and sophisticated manufacturing.

China’s fourth great advantage is the legacy of land reform.

The fifth element of China advantage is deep-rooted nationalism.

The sixth advantage of capitalist China is her absolutely atomized labor in face of an absolute state.

Last but not the least, China has a unique advantage in the big leap forward to embrace global capitalism, namely the unique factor of having Hong Kong, Macau and Taiwan as her door to the world.

This point of view may explain Chinese Proverbs on business, but absent in the equation is an admission that the world trade system is slanted in favor of the Globalist model, at the expense of domestic commerce.

Even the predisposed transnational New York Times in a report, China Uses Rules on Global Trade to Its Advantage, admits that the playing field is not level.

"China is engaged in a two-pronged effort: fighting protectionism among its trade partners and holding down the value of its currency.

To maximize its advantage, Beijing is exploiting a fundamental difference between two major international bodies: the World Trade Organization, which wields strict, enforceable penalties for countries that impede trade, and the International Monetary Fund, which acts as a kind of watchdog for global economic policy but has no power over countries like China that do not borrow money from it."

Ostensibly, this NYT conclusion is the mainstream assessment. However, a comprehensive analysis needs to take into account the complicity of design used by the Globalists to transform international trade into a non-competitive vehicle for the establishment of a controlled New World Order.

A hint on the nature of the problem is cited in an Op-Ed published in the LA Times, How China unfairly bests the U.S.

This ominous forecast is partially correct, but needs to include an entire additional level in order to understand that the trading system is not solely a conflict between risk taking Chinese "seizing an opportunity", and timid American corporatists abandoning domestic prosperity.

"The most potent of China's "weapons of job destruction" are an elaborate web of export subsidies; the blatant piracy of America's technologies and trade secrets; the counterfeiting of valuable brand names like Nike and Chevy; a cleverly manipulated and grossly undervalued currency; and the forced transfer of the technology of any American company wishing to operate on Chinese soil or sell into the Chinese market.

The second myth we must expose if we are to ever reverse the job-killing trade deficits we now run with China is the idea that free trade always benefits both countries. That doesn't hold true if one country cheats on the other. Instead, when a mercantilist China uses unfair trade practices to wage war on our manufacturing base, the American economy is the big loser."

The abandonment of a "deep-rooted nationalism" by most American public companies causes a sellout culture that even Apple cannot gloss over.

Producing their overpriced devices using slave labor, may be dandy for profits, but lacks the foresight to continue a vibrant national economy. Illustrating similar examples over the decades, that the perverted Free Trade fraud has been in place, only proves that the loss of an independent manufacturing base is no coincidence.

The Globalists are in partnership with China. The Chinese system of serfs produce an "atomized labor force" is the framework for the NWO economy.

The technological innovations and intellectual ingenuity, long the hallmark of the American genius, is now routinely transferred into Chinese custody, as the price of doing business with the Communist regime.

This madness goes on continuously with only a whimper of concern, from the multinational executives that export our economic independence for a fake independency.

Chinese advantages in trade policy are mostly tactics and methods of extortion, under the guiding hand of a cabal of international debt created capital. The invisible hand of Adam Smith is replaced with complot Maoism in place of a free market. The Proletarian Cultural Revolution has yielded into the central bankers’ paradise of indentured servitude. The primary product from the "so called", - effective state-led growth - is centralized control. The financial reserves of the Globalists and their Chinese cousins accumulate consistently under the protection of their unfair trade policies.

Under Free Trade schemes, America looses on all levels. These pecuniary policies designed to replace the entrepreneurial alternative; with corporatist distribution, has the goal of eliminating competition.

The sentiment of the master monopolist David Rockefeller is revealing, "Whatever the price of the Chinese Revolution, it has obviously succeeded not only in producing more efficient and dedicated administration, but also in fostering high morale and community of purpose. The social experiment in China under Chairman Mao's leadership is one of the most important and successful in human history."

The biggest advantage the Chinese Marxists have is that their Western plutocrat admirers are joined at the hip and plot world hegemony through a financial and economic conjugation. While trade is important for commerce to spread, it must be fair and balanced. China fails this test.

James Hall – June 6, 2012

Discuss or comment about this essay on the BATR Forum

http://www.batr.org

"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher"

© 2012 Copyright BATR - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2014 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Free Report - Financial Markets 2014