Trade Wars
- Thread starter JulieW
- Start date
He thinks power arises from being in debt and from consuming. He literally has no idea that prosperity comes from building and producing things.
China Xinhua News
May 17 ·
China's major soybean growers are expanding planting areas to achieve fast growth in domestic supply of high-quality soybean produce and cut dependence on imports.
yeah, NON GMO
productions multiply
May 17 ·
China's major soybean growers are expanding planting areas to achieve fast growth in domestic supply of high-quality soybean produce and cut dependence on imports.
yeah, NON GMO
productions multiply
deep suspicion that He is actually trying to take apart farm & farmers, land can be confiscated when farmers produce can no longer be sold
he thought robing through tariff could get free out of jail ticket
If we are going to lose a war with China I'd rather it be an economic war.
They dont even need nukes to defeat us. The American govt is doing the work for them.
They dont even need nukes to defeat us. The American govt is doing the work for them.
Hes huge on farm subsidies and the spending on that might increase as his new bail out program, straight from Obama's playbook.
I have a buddy in Brewster Kansas that grows corn for ethanol in a subsidized govt program.
He prays for crop failure every year because the govt pays him much more if he produces nothing.
Straight from Drumphs playbook I guess.
I have a buddy in Brewster Kansas that grows corn for ethanol in a subsidized govt program.
He prays for crop failure every year because the govt pays him much more if he produces nothing.
Straight from Drumphs playbook I guess.
I don't knowingly eat any produce from China. The pollution is beyond scary. Commonly readings are hundreds and thousands of times the "safe" levels for toxins such as lead and other heavy metals.
Scientific American:
BEIJING (Reuters) - A nationwide investigation has shown that as much as 16 percent of China's soil contains higher-than-permitted levels of pollution, the environment ministry said on Thursday.
China is desperate to tackle the impact of rapid industrialization and urbanization on its food supplies, with the aim of maintaining self-sufficiency and reducing its dependence on grain imports amid soaring demand.
The Ministry of Environmental Protection said in a notice posted on its website (www.mep.gov.cn) that its long-awaited soil survey involved samples taken across 6.3 million square kilometers (sq km) of land, two-thirds of the country's total.
"The survey showed that it is hard to be optimistic about the state of soil nationwide," the ministry said.
"Some regions are suffering from relatively heavy pollution, the quality of soil in planting areas is worrying, and the problem of waste from industry and mining also stands out."
The ministry found that 82.8 percent of the contaminated samples contained toxic inorganic pollutants, including cadmium, mercury, arsenic, chromium and lead.
It blamed agricultural production and other "human activities" for the contamination, which it said had been accumulated over the long term.
The ministry said China is working on a series of measures to help resolve the problem of soil pollution and would also speed up the drafting of related legislation.
China announced last week its first pilot project to treat heavy metal in soil in Hunan province, the site of a scandal last year involving the contamination of rice by cadmium.
Seeing Chinese garlic on the shelves in Woolworths is infuriating!BEIJING (Reuters) - A nationwide investigation has shown that as much as 16 percent of China's soil contains higher-than-permitted levels of pollution, the environment ministry said on Thursday.
China is desperate to tackle the impact of rapid industrialization and urbanization on its food supplies, with the aim of maintaining self-sufficiency and reducing its dependence on grain imports amid soaring demand.
The Ministry of Environmental Protection said in a notice posted on its website (www.mep.gov.cn) that its long-awaited soil survey involved samples taken across 6.3 million square kilometers (sq km) of land, two-thirds of the country's total.
"The survey showed that it is hard to be optimistic about the state of soil nationwide," the ministry said.
"Some regions are suffering from relatively heavy pollution, the quality of soil in planting areas is worrying, and the problem of waste from industry and mining also stands out."
The ministry found that 82.8 percent of the contaminated samples contained toxic inorganic pollutants, including cadmium, mercury, arsenic, chromium and lead.
It blamed agricultural production and other "human activities" for the contamination, which it said had been accumulated over the long term.
The ministry said China is working on a series of measures to help resolve the problem of soil pollution and would also speed up the drafting of related legislation.
China announced last week its first pilot project to treat heavy metal in soil in Hunan province, the site of a scandal last year involving the contamination of rice by cadmium.
killing a lion, just put it on top of a tree, it will break the bones trying to go down
killing an eagle, just use the eyes cover, the eagle will fly into the cliff and bits and pieces
talking about pollutants
American farmers should focus on developing food markets outside of China. You'll be surprised if I tell you that in Singapore, we still consume toxic palm oil when everyone else in the developed world is using only canola, sunflower and soya bean. There's a huge 1 billion people market that can be tapped. There's a lot of money that can be made from distribution and branding, much more than selling the raw commodity itself.
Proper food is one huge area that is under supplied in many parts of the world.
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They practice Agri-Business, not Agriculture.
Farmageddon: Farm Loan Delinquencies And Bankruptcies Soar, Incomes Plunge https://www.zerohedge.com/news/2019-08-10/former-chinese-central-banker-warns-beijing-may-dump-treasuries-retaliation
Third Chinese Bank in three months to be bailed out......A sign of bigger issues to come??
https://www.bloomberg.com/news/arti...take-in-another-troubled-regional-bank-report
China to Buy Stake in Another Troubled Regional Bank: Report
Bloomberg News
August 9, 2019, 11:55 AM GMT+10
Central Huijin Investment Ltd., a unit of China’s sovereign wealth fund that owns stakes in a range of major financial institutions on behalf of the government, will buy into troubled regional lender Hengfeng Bank Co., according to local media.
The report by 21st Century Business Herald didn’t give more details of the acquisition, or say where it got the information. If confirmed, it would be the third rescue of a regional lender engineered by authorities in less than three months. Hengfeng, based in China’s Shandong province, declined to immediately comment.
China’s banking regulator said in June that the Shandong government was speeding up the restructuring of Hengfeng, a mid-sized bank that has failed to disclose its financial statements for two straight years. The lender had 1.2 trillion yuan ($170 billion) of assets at the end of 2016, according to its most recent annual report.
Central Huijin’s move would underscore policy makers’ efforts to restore confidence in smaller lenders, a key source of credit to small and medium-sized companies. China surprised the market in May with a government takeover of Baoshang Bank Co. -- the first bank seizure in more than 20 years. Two months later, regulators took a different approach by having three state-owned financial heavyweights buy stakes in Bank of Jinzhou Co., whose Hong Kong-listed shares have been halted since April.
China’s central bank, in its first review of the industry’s risks, said in November that about one in 10 of the nation’s roughly 4,000 banks received a “fail” rating. Four hundred and twenty firms, all rural financial institutions, were deemed “extremely risky,” and only two received a top rating.
Jason Bedford, a UBS Group AG analyst who earlier flagged the problems at Baoshang, Jinzhou and Hengfeng, has said that China’s smaller banks face a potential capital shortfall of 2.4 trillion yuan. He’s estimated the size of assets “in distress” held by a broader universe of Chinese lenders at 9.2 trillion yuan -- about 4% of the commercial banking system and nearly 10% of gross domestic product.
— With assistance by Jun Luo
https://www.bloomberg.com/news/arti...take-in-another-troubled-regional-bank-report
China to Buy Stake in Another Troubled Regional Bank: Report
Bloomberg News
August 9, 2019, 11:55 AM GMT+10
- Central Huijin to invest in Hengfeng Bank, local media says
- Hengfeng will be the third bank rescue in recent months
Central Huijin Investment Ltd., a unit of China’s sovereign wealth fund that owns stakes in a range of major financial institutions on behalf of the government, will buy into troubled regional lender Hengfeng Bank Co., according to local media.
The report by 21st Century Business Herald didn’t give more details of the acquisition, or say where it got the information. If confirmed, it would be the third rescue of a regional lender engineered by authorities in less than three months. Hengfeng, based in China’s Shandong province, declined to immediately comment.
China’s banking regulator said in June that the Shandong government was speeding up the restructuring of Hengfeng, a mid-sized bank that has failed to disclose its financial statements for two straight years. The lender had 1.2 trillion yuan ($170 billion) of assets at the end of 2016, according to its most recent annual report.
Central Huijin’s move would underscore policy makers’ efforts to restore confidence in smaller lenders, a key source of credit to small and medium-sized companies. China surprised the market in May with a government takeover of Baoshang Bank Co. -- the first bank seizure in more than 20 years. Two months later, regulators took a different approach by having three state-owned financial heavyweights buy stakes in Bank of Jinzhou Co., whose Hong Kong-listed shares have been halted since April.
China’s central bank, in its first review of the industry’s risks, said in November that about one in 10 of the nation’s roughly 4,000 banks received a “fail” rating. Four hundred and twenty firms, all rural financial institutions, were deemed “extremely risky,” and only two received a top rating.
Jason Bedford, a UBS Group AG analyst who earlier flagged the problems at Baoshang, Jinzhou and Hengfeng, has said that China’s smaller banks face a potential capital shortfall of 2.4 trillion yuan. He’s estimated the size of assets “in distress” held by a broader universe of Chinese lenders at 9.2 trillion yuan -- about 4% of the commercial banking system and nearly 10% of gross domestic product.
— With assistance by Jun Luo
The tariffs themselves don't actually have much effect since China can devalue the yuan to counter some of the effects. It's the back and forth and uncertainty it creates that makes the yuan devaluation useless because you can't price and market your goods when you don't even know how much tax you need to pay when your goods arrive at the port 3 or 4 weeks later (assuming by sea freight). What will happen is that the importers will end up marking up their Chinese goods by a big margin to cover all possibilities.
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Trump backed off, he pick the wars and backed off in many fronts
the intentions were never to fight wars in the first place just looking for every opportunities of bullying
might be that was the plan since the beginning
colors revolts have been complete failures in both Moscow and HK
Tariff responses had been immediate from Yuan depreciation 1.5% +
the mid range missiles placements coming up next, lets see what would the responses BE
Iran continues with her oil exports
Russia continues to buy GOLD !!! https://www.fort-russ.com/2019/08/r...=wp&utm_campaign=push&utm_content=new-article
America could not break NK, the credibility had been lost there, BIG TIME
the intentions were never to fight wars in the first place just looking for every opportunities of bullying
might be that was the plan since the beginning
colors revolts have been complete failures in both Moscow and HK
Tariff responses had been immediate from Yuan depreciation 1.5% +
the mid range missiles placements coming up next, lets see what would the responses BE
Iran continues with her oil exports
Russia continues to buy GOLD !!! https://www.fort-russ.com/2019/08/r...=wp&utm_campaign=push&utm_content=new-article
America could not break NK, the credibility had been lost there, BIG TIME
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