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Thread: 1997 --> 2007 --->> 2017

  1. #31
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    Quote Originally Posted by opulant View Post
    The interesting things in this year 2018 would be the likely imminent trade war between US and PRC..

    ......
    ....


    The lists suggest that PRC is a tech nation exporting tech products... whereas US is an agricultural country exporting meat, fruits and nuts !!
    Maybe it is not correct but the other way round.

    These technical equipments are done in PRC under license by USA because they cheaper. By applying tariffs, they will cost more and become less competitive as compared to have them done in USA

    As for foods, PRC consume more than she can produce.

  2. #32
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    The fact is PRC export tech products to US and these products are much more competitive than US-made tech products. That's why the US home made products need tariffs to survive and this is what Trump is going to do..

    and for food... the trafiff imposed on US agricultural products will make them less competitive in China. The Chinese importers and retailers will source from more competitive source like South America and Australia.

    The HUGE domestic demand in PRC give them the unparalleled edge in trade war...

  3. #33
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    Most of the top technology companies in the world are in the USA.

    PRC is trying to buy these companies and copy their technological secrets.

    Trump is blocking the sales.

    This is a fact.

  4. #34
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    so with the trade war 'looming' it is the right time to buy China 'A' shares? Or Tech shares?
    in luv with bikes...in lust with AphroditeS AWAS! Suspek is an Avid procurer to myths, lies, legends, folklores, i-ching, rumors, misinformation, cakap-ayam, spɹoʍ uʍop ǝpısdn puɐ˙˙DLL .
    p/s Take all the above with a XL salted duck egg, wash down with 2fingers of sodium hypochoride, and suck on to a pebble size tmn negara Rock salt

  5. #35
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    Quote Originally Posted by Naka View Post
    Most of the top technology companies in the world are in the USA.

    PRC is trying to buy these companies and copy their technological secrets.

    Trump is blocking the sales.

    This is a fact.

    No doubt, most leading tech companies are from US but PRC is catching up very fast. They have a big domestic market and they have big pool of talents.

    The fact is kwailoh governments notably US are so wary of Chinese investments, they blocked the investments under the name of "national security", little to do with the so-called technology secret.

    Talking about copying proprietary tech secret, one thing you should know is the tech is only useful when it can sell. The maglev train developed by Siemens can't even sell to their own German government due to the high cost but PRC bought the maglev train technology and make it a technological and commercial success.



    p/s : I took the maglev train from Pudong Airport to Shanghai, fantastic experience. I have travelled in the European TGV and Japanese Shinkansen many times, no match with the maglev. US don't even have high-speed train networks, they really look like 3rd world in train technology...

  6. #36
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    China produces about 5mil engineers every year and USA only 200k...access to a big and growing talent pool is the great adv of China and technology gap is reducing between 2 superpowers

    over time, China will overtake USA in both economy and technology
    A compassionate heart is a clear and cool place

  7. #37
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    Quote Originally Posted by shthang View Post
    China produces about 5mil engineers every year and USA only 200k...access to a big and growing talent pool is the great adv of China and technology gap is reducing between 2 superpowers

    over time, China will overtake USA in both economy and technology
    Yes, and will happen in the near future.

    It is premature and misleading to suggest it is happening now.

    This is like putting the cart before the horse.

    Given time, PRC will overtake USA in both economy and technology.

  8. #38
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    The Learning Curve for PRC now is very steep. They need to because there is still plenty of catching up to do despite the tremendous growth the past three decades.
    " In the land of the blind the one-eyed-jack is king."

  9. #39
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    easy to have cheaper labor BUT label or sticker said "Made in USA"...
    America's far flung colonies in the Pacific and the Bermuda are fulla such 'make shift factories' with cheap Asian/Chinese/S.American labourers. QED.
    in luv with bikes...in lust with AphroditeS AWAS! Suspek is an Avid procurer to myths, lies, legends, folklores, i-ching, rumors, misinformation, cakap-ayam, spɹoʍ uʍop ǝpısdn puɐ˙˙DLL .
    p/s Take all the above with a XL salted duck egg, wash down with 2fingers of sodium hypochoride, and suck on to a pebble size tmn negara Rock salt

  10. #40
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    Quote Originally Posted by tupai View Post
    so with the trade war 'looming' it is the right time to buy China 'A' shares? Or Tech shares?
    no need to go unfamiliar ground lah....

    this land is a gold mine oredi lah...


    p/s (1): an ageing refinery (older than me and you) at a coastal town of peninsula was acquired (cheap cheap summore) by a chinaman oil co after the original kwailoh firm waited for decade to get rid of this asset. After the chinaman took over, the share price in Jan 2017 was about RM2.50... and in Jan 2018 is RM17.20 !! A whopping 650% increase...

    p/s (2) : this is one of my biggest heartaches. I did not whack it kau kau..

  11. #41
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    Quote Originally Posted by Naka View Post
    Yes, and will happen in the near future.

    It is premature and misleading to suggest it is happening now.

    This is like putting the cart before the horse.

    Given time, PRC will overtake USA in both economy and technology.
    Whether PRC will overtake USA at present or in future, it is not important.

    At present moment, PRC is already bigger than ALL THE 19 NATIONS in European Union combined in terms of GDP but what does it mean to the people in PRC ?? Nothing, they are still miles behind in almost every indicators that measure the quality of life.

    PRC cannot challenge USA in economy as long as US DOLLAR is still the ONLY dominant currency in this planet. Blardy USA is the real parasite nation that can survive by printing currency notes and the whole world will have to foot the bill of excessive USD...

  12. #42
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    Quote Originally Posted by opulant View Post
    Whether PRC will overtake USA at present or in future, it is not important.

    At present moment, PRC is already bigger than ALL THE 19 NATIONS in European Union combined in terms of GDP but what does it mean to the people in PRC ?? Nothing, they are still miles behind in almost every indicators that measure the quality of life.

    PRC cannot challenge USA in economy as long as US DOLLAR is still the ONLY dominant currency in this planet. Blardy USA is the real parasite nation that can survive by printing currency notes and the whole world will have to foot the bill of excessive USD...
    Hehehe, as usual, you also turn and twist.

  13. #43
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    Quote Originally Posted by Naka View Post
    Hehehe, as usual, you also turn and twist.
    As usual... you have reading problem..

  14. #44
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    as usual...u both KONfius the living daylite outta me.
    in luv with bikes...in lust with AphroditeS AWAS! Suspek is an Avid procurer to myths, lies, legends, folklores, i-ching, rumors, misinformation, cakap-ayam, spɹoʍ uʍop ǝpısdn puɐ˙˙DLL .
    p/s Take all the above with a XL salted duck egg, wash down with 2fingers of sodium hypochoride, and suck on to a pebble size tmn negara Rock salt

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