worldengineer

lol right, China is going to stop exporting $100B a year of electronics to US. Even though Xi Jing Ping begged Trump not to kill ZTE.

China is not fine. China is trying to balance its shadow debts (12T, 170% corporate debt to gdp), prop up stock market (lost 15% this year), prop up real estate (decline in 1st tiered cities, 25.96x House price to income ratio), and prop up yuan (4% loss this year).

They are stupid, if they didn't know about China's fake gdp for the past several years.

"U.S. GDP could top 4% in 2nd quarter, economists say"

https://www.marketwatch.com/story/us-gdp-could-top-4-in-2nd-...

"Baotou in China’s Inner Mongolia Autonomous Region revised its estimated fiscal revenue in 2017 lower by nearly 50% in an annual work report"

https://www.reuters.com/article/us-china-economy-data/anothe...

"China fake data mask economic rebound"

https://www.ft.com/content/a9889330-f51c-11e7-88f7-5465a6ce1...

You're wrong if you think the party actually cares about the people in poverty. for example

"Beijing’s migrants no longer welcome as city caps population"

https://www.ft.com/content/822e982c-1b40-11e7-bcac-6d03d067f...

"How the eviction of Beijing’s migrant workers is tearing at the fabric of the city’s economy"

http://www.scmp.com/news/china/policies-politics/article/212...

few hundred million of these migrants only make $500/month in the cities.

http://www.clb.org.hk/content/migrant-workers-and-their-chil...

> The trend is just reverting to the mean.

That's a lie. United States get 1M immigrants a year since 2000. There's over 37,000,000 legal immigrants in US. United States gets the creme of the crop from countries around the world. On the other hand, there were approximately 594,000 immigrants living in China in 2010, most from Asia.

If you can live in US and make 300k-400k, you would do that in a heartbeat, vs living in China where the pollution could shorten you and your family's life, a brush with someone in CCP could destroy your life, no way to get the money you make in China out, no ownership of properties, censorship prevents you from doing research in the real internet, etc.

Oh yeah, what do you think will happen to China after additional $400 billion tariffs, when XiJingPing dies, when the massive shadow debt ($12Trillion and counting) causes widespread defaults and 30% devaluation of yuan?

You're no better than those that shouts 'but slavery!' for whataboutism. if anything, more insidious.

These events happened a couple of hundred years ago. before international laws, before trade organizations, before, well, civility.

China broke all the rules TODAY. and is still breaking them.