Views: 67529|Replies: 9

Steel, aluminium, solar panel, refrigerators... [Copy link] 中文

Rank: 8Rank: 8

Post time 2018-1-30 19:10:08 |Display all floors
This post was edited by cestmoi at 2018-1-30 19:10

What have they in common?
All items that the USofA will levy import tax on in order to punish and contain China.
What can China do now?
Nothing much because China has always depended on exports to USA and the USD reigns supreme even in China.
And going forward?
That said, China should continue with OBOR.

Cestmoi's Suggestion:

Put a solar panel on the rooftop of every Chinese highrise for heating or cooling. Subsidized solar power

Ohh, I am a "newcomer", how nice of BS.


Use magic tools Report

Rank: 8Rank: 8

2015 Most Popular Member Medal

Post time 2018-1-30 20:16:40 |Display all floors
So where will the US turn to in order to get steel, aluminum, solar panels, and refrigerators
at such a cheap price?
Will they steal workers away from Taco Bell, McDonald's, and Burger King to work in aluminum
and steel smelting plants? Or perhaps send them to build refrigerators and solar panels at
the same wages they made at the fast food restaurants.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

Use magic tools Report

Rank: 8Rank: 8

2015 Most Popular Member Medal

Post time 2018-1-30 20:27:14 |Display all floors
I wonder what the displaced workers, who were making quite a bit more than the the
fast food workers who must take their place, will have to say about this.
Will they have to fill the vacancies at the fast food restaurants?
Would they support Trump again?
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

Use magic tools Report

Rank: 8Rank: 8

2015 Most Popular Member Medal

Post time 2018-1-30 20:28:29 |Display all floors
One way or another, the average America worker will suffer.. as they always do in the new
Oligarchy of the United States.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

Use magic tools Report

Rank: 8Rank: 8

2015 Most Popular Member Medal

Post time 2018-1-30 20:29:44 |Display all floors
Congratulations to the Chinese worker. You are bringing the US to its knees without a shot being fired.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

Use magic tools Report

Rank: 8Rank: 8

Post time 2018-1-31 11:10:55 |Display all floors
robert237 Post time: 2018-1-30 20:28
One way or another, the average America worker will suffer.. as they always do in the new
Oligarchy  ...

Let's make it so that nobody has to "suffer". But there's nothing we can do about the "oligarchy".

Based on current trajectory of China's current acount balance, at some point next decade, China will have a trade deficit, and then China can do to USA what US is doing to China now. Or maybe not, maybe China would be more rational and open to free trade.

There's no winner in a trade war and if US has some unemployment because of job dislocations arising from global free trade, it's because their dysfunctional government handled it badly. US government needs a scapegoat because they are bad in managing their economy.

Steel
Steel production causes a lot of pollution, don't you think China should wind back on steel production? There's no great dividend for China to continue to pollute its air and countryside so the rest of the world can have cheap steel.

Aluminium
Aluminium production is very energy intensive, it needs a lot of electricity. Al-alloy, especially Aluminium-Magnesium based alloys should be considered strategic resource. Do not export them. China will need them in the years to come.

Solar Panels
My office is on the 10th floor and when I look down on Shanghai, I keep thinking how energy efficient it would be to have a lot of solar panels on top of every roof top. China can subsidize solar panels for domestic consumption, it would contribute to clean, renewable energy production. And if there is an excess of production, we will buy  a bloody big plot of land in Iran and put up a solar farm to produce hydrogen for burning. We don't have to give our solar panels to the USAnians.

Refrigerators
Raise the retail price. I think LG is in the process of doing that.  

In summary, take it easy and assess whether and what sort of retaliation is necessary. Maybe USA has just shot itself in its own foot.
Let the dice fly high

Use magic tools Report

Rank: 8Rank: 8

Post time 2018-2-4 14:22:33 |Display all floors

China is exporting ENERGY cheap!

This post was edited by cestmoi at 2018-2-4 14:24


One more thing I'd like to emphasize, when China exports steel and aluminium etc to US, China is also exporting ENERGY, and this is energy that China doesn't have a lot of.

You need a lot of energy to produce steel and aluminium, you burn coal and you use nuclear power to generate the energy with all the nasty consequences that have to be accounted for. Those are the social and environmental costs, all that just so USA can have cheap steel for their cars and cheap aluminium for their cans.

ENERGY! Think about it.

Let the dice fly high

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.