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Here comes China with offers of free trade

China, more than almost any other country, knows how important it is for poorer countries to be able to trade with wealthier countries. As Trump drives the US towards trade isolation, China is looking to massively expand it's global influence by using trade to help poorer nations develop themselves. I think that there is a massive long term cost to America of Trumps push towards increased isolation. We might not be counting that today, but may look back with a lot of regret in the future!
 
Ishm said:
China, more than almost any other country, knows how important it is for poorer countries to be able to trade with wealthier countries. As Trump drives the US towards trade isolation, China is looking to massively expand it's global influence by using trade to help poorer nations develop themselves. I think that there is a massive long term cost to America of Trumps push towards increased isolation. We might not be counting that today, but may look back with a lot of regret in the future!
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I don't think the goal of isolation
 
anatta said:
www.bbc.com

China's Belt and Road Initiative: Kenya and a railway to nowhere

A $5bn transport project, funded by Chinese loans, is in danger of becoming a white elephant.
www.bbc.com www.bbc.com
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Belt-and-road is quite a different thing, and yes, it has been a money sink for the Chinese, wit projects that has gone nowhere, or been hijacked and plundered by local leaders. This is quite a different proposition, allowing African goods to freely enter the Chinese market. That's an enormous boost for both African exporters and Chinese importers.
 
CLAX1911 said:
I don't think it's the goal or a step. If it was it would apply to all countries but they are targeted at China because they won't do free trade.
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The US tariffs are targeted at all countries. Especially African countries with very little bargaining power.
 
joluoto said:
Belt-and-road is quite a different thing, and yes, it has been a money sink for the Chinese, wit projects that has gone nowhere, or been hijacked and plundered by local leaders. This is quite a different proposition, allowing African goods to freely enter the Chinese market. That's an enormous boost for both African exporters and Chinese importers.
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Why won't they do it for other countries?
 
CLAX1911 said:
Why won't they do it for other countries?
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Geopolitics. This is PRC seeing Africa in a hard situation, but this has geopolitical ramifications, making Africa more and more relying on Beijing.
 
joluoto said:
The US tariffs are targeted at all countries.
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False they are targeted at China and the partners that relabel Chinese products as made in Vietnam
joluoto said:
Especially African countries with very little bargaining power.
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China shouldn't be exploiting Africa. That's going to end badly for Africa.
 
joluoto said:
Geopolitics.
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Yes specifically it's lack of power and strength. They don't want to do free trade with the US because they want to pilfer ip
joluoto said:
This is PRC seeing Africa in a hard situation, but this has geopolitical ramifications, making Africa more and more relying on Beijing.
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Ban electric cars.
 
CLAX1911 said:
False they are targeted at China and the partners that relabel Chinese products as made in Vietnam

China shouldn't be exploiting Africa. That's going to end badly for Africa.
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No they are targeted at Canada, EU, Mexico, South America, Asia and, yes, Africa. The only country suspiciously not targeted by the tariffs is Russia.
 
joluoto said:
No they are targeted at Canada, EU, Mexico, South America, Asia and, yes, Africa.
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Only with regard to Chinese products being shipped as products of those countries.
joluoto said:
The only country suspiciously not targeted by the tariffs is Russia.
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Europe supports Russia.
 
CLAX1911 said:
Only with regard to Chinese products being shipped as products of those countries.

Europe supports Russia.
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No.

What tariffs has Trump announced and why?​

Trump has announced 50% steel and aluminium tariffs on everyone. 20% tariffs on all goods from the EU (which then became 50%). Bunch of "Liberation Day" tariffs on everyone in the world, including penguins. 25% tariffs on Canada and Mexico, some weird ideas about 100% tariffs on Anime and so on and so forth, he announced new stuff weekly, then tacos and postpone it a few months, rinse and repeat.
 
joluoto said:
No.
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Yes.
joluoto said:

What tariffs has Trump announced and why?​

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BBC is government propaganda and if they're bit of hitting from being a middle name for China they can't be trusted.
joluoto said:
Trump has announced 50% steel and aluminium tariffs on everyone. 20% tariffs on all goods from the EU (which then became 50%). Bunch of "Liberation Day" tariffs on everyone in the world, including penguins.
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Because these places are being used as middle men for China.

Do you really think Donald Trump thinks that penguins make steel or could it possibly be he's smarter than you.
joluoto said:
25% tariffs on Canada and Mexico, some weird ideas about 100% tariffs on Anime and so on and so forth, he announced new stuff weekly, then tacos and postpone it a few months, rinse and repeat.
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So you have no idea. You repeat this crap about penguins because the media told you to say that you site foreign government media as a source.

I will doubt everything you say on the subject from now on.
 
Ishm said:
China, more than almost any other country, knows how important it is for poorer countries to be able to trade with wealthier countries. As Trump drives the US towards trade isolation, China is looking to massively expand it's global influence by using trade to help poorer nations develop themselves. I think that there is a massive long term cost to America of Trumps push towards increased isolation. We might not be counting that today, but may look back with a lot of regret in the future!
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Let's leave the future to itself plse thx. The future is Yogi Berra territory ;)

With the CCP economy in the tank structurally the Bois in Beijing are crimped trying to BIG BUCKS fund massive and corrupt infrastructure projects. The data below testify to this. The Bois have to shift to trade to pump compensatory but greatly reduced bucks into their several BFF countries in Africa.


Why strong regional value chains will be vital​

to the next chapter of China and Africa’s economic relationship​


China's investments and loans in Africa have declined in recent years. This shift has been attributed to various factors including a slowdown in China’s economic growth. Consequently, total new loan commitments in 2022 were only $995.5 million compared to a high of $28.5 billion in 2016. And at the last FOCAC held in November 2021, China announced a $40 billion financial commitment to Africa, a significant decrease from the $60 billion pledged in 2018. About half of this decrease was due to a fall in infrastructure lending.



The good times are over between the massively corrupt Bois in Beijing and their massively corrupt several BFF elites in Africa. The several African BFF countries of the Bois will be getting a fraction from trade of what they got in the massive and mutually corrupt infrastructure projects. And this is when uncontrollable deflation rules in China because the middle class isn't buying because they're scared about the diminishing CCP economy. CCP Bois are chasing their tails no matter what they try and this import from Africa placebo is just another stab at it.
 
Interesting topic but instead of debating the topic we get this whining:
CLAX1911 said:
Don't believe it
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1749816193145.webp
CLAX1911 said:
BBC is government propaganda
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Oh really?
Overall, we rate the BBC Left-Center biased based on story selection that slightly favors the left. We also rate them High for factual reporting due to proper sourcing of information.
mediabiasfactcheck.com

BBC - Bias and Credibility

LEFT-CENTER BIAS These media sources have a slight to moderate liberal bias. They often publish factual information that utilizes loaded words (wording
mediabiasfactcheck.com mediabiasfactcheck.com
CLAX1911 said:
I will doubt everything you say on the subject from now on.
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Awwwwwww, we always get this from certain people, don't agree with me, I am gonna pout. 🥺
 
joluoto said:

China ready to drop all tariffs on African imports​


PRC are offering to drop all tariffs on African imports. Africa is already heavily tilting pro Beijing. This is the nail in the coffin for Western influence on the Continent.
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This is an act of desperation. China is just trying to somehow get their investment back for loaning billion into Africa and having little to show for it. The real question is: What does Africa have that they can export to China?
 
dmpi said:
This is an act of desperation. China is just trying to somehow get their investment back for loaning billion into Africa and having little to show for it. The real question is: What does Africa have that they can export to China?
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Diamonds, Gold, labor, everything but oil.
 
Ishm said:
China, more than almost any other country, knows how important it is for poorer countries to be able to trade with wealthier countries. As Trump drives the US towards trade isolation, China is looking to massively expand it's global influence by using trade to help poorer nations develop themselves. I think that there is a massive long term cost to America of Trumps push towards increased isolation. We might not be counting that today, but may look back with a lot of regret in the future!
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Exactly, and it's the filling of the void many of us have been talking about. As for the US and its isolation, I think it's less of the intentional variety but more of the unintentional type that results from wanting to be the sole driver and negotiate irrationally as we've witnessed over the past few months.
 
CLAX1911 said:
Why won't they do it for other countries?
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China maintains 16 Free Trade Agreements (FTAs) with its trade and investment partners, and is negotiating or implementing an additional eight FTAs. China's FTA partners are ASEAN, Singapore, Pakistan, New Zealand, Chile, Peru, Costa Rica, Iceland, Switzerland, Maldives, Georgia, Hong Kong, Macao, and Taiwan.
 
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