Whether it is China Japan Korea or Taiwan, they all want to be like Singapore....not America. All are Confucian countries where education and prosperity and good governance is number one
I give u one statistic. In last 20 years GDP of USA from $ 10 trillion to $25 trillion. America government borrowings from $6 trillion to $ 31 trillion. where did the money go to? high speed train? infrastructure? education? health? or wars?
in the same period , in China the increase in GDP went to change China and half the world including Africa and BRI. ...and world class infrastructures other cannot even imagine. went to poverty reduction and went to benefit the people.
China controls key technologies to fight climate change....solar, wind, ev, batteries, infrastructure, rare earths, hsr, .....this is no accident. This is good vision and good implementation
Well Qqq! Hate to disappoint you but China is suffering from deflation at the moment! I am not sure if you know but the unemployment crisis in China at the moment is very very very severe! Factories are closing down left and right! This year alone, almost one million factories have close shop for good! The situation is China is bad to put it mildly! But the EV industry is quite good due to overwhelming demand to switch to much cheaper maintenance cost of EV! Supply chain is moving out of China and it's not coming back! So we are witnessing the end of China as factory of the world!
G7 Leaders’ Statement on Economic Resilience and Economic Security
Fostering mutually beneficial partnerships and supporting resilient and sustainable value chains remains our priority to reduce risk both for our economies, as well as globally, and ensure sustainable development for all. Recent events have highlighted vulnerabilities in economies around the world to natural disasters, pandemics, geopolitical tensions and coercion. Recalling our commitment from the 2022 G7 Elmau Summit, we are taking additional steps today to enhance our ongoing strategic coordination on economic resilience and economic security by reducing vulnerabilities and countering malign practices that exploit and reinforce them. This complements the corresponding steps we are taking to enhance supply chain resilience as laid out in the G7 Clean Energy Economy Action Plan. We underline the importance of cooperating both within the G7 as well as with all our partners to enhance global economic resilience, including by supporting a more significant role for low and middle-income countries in supply chains in a way that also promotes their diversification and local value creation and benefits local workers and communities everywhere. We will address non-market policies and practices designed to reinforce dependencies, and will counter economic coercion. We will continue to ensure that the clearly defined, narrow set of sensitive technologies that are crucial for national security or could threaten international peace and security are appropriately controlled, without unduly impacting broader trade in technology. We affirm that our cooperation to strengthen economic resilience and economic security will be rooted in maintaining and improving a well-functioning international rules-based system, in particular the multilateral trading system with the WTO at its core. To these ends, we will work and coordinate through the G7 framework to make year-on-year progress in a holistic manner.
By end of 2023 China is the largest exporter of automobiles and in a few years absolutely dominant the world wide auto industry. G7 eat what except starting wars?
Factory of the world...China has moved beyond that ...China ambition is to be the innovator of the world, with decentralised manufacturing every where.
Silly CCP join evil Putin pushing all G7, Indo-Pacific, AUKUS against the evil alliance. There is AI technology to boost the world economy in the next decades. Only CCP supporters believe that buidling white elephants abandoned project could boost further economy.
G7 Hiroshima summit: Who’s attending, what will be discussed?
This year, the leaders of Australia, Brazil, Comoros (chair of the African Union), Cook Islands (chair of the Pacific Islands Forum), India (G20 president), Indonesia (chair of Association of Southeast Asian Nations), South Korea and Vietnam are invited, reflecting Japanese Prime Minister Fumio Kishida’s stress on the importance of reaching out to developing countries, as well as US allies and partners.
The invitations to leaders outside of the G7 are meant to extend cooperation to a broader range of countries.
Silly CCP supporters take a look the lists which countries atttended as well.
tis is what it is...............but being a malaysian and idq/ foogsh is so so id.iotic..so completely brain washed, so completely propagandised by mainstream media.
qqq is living in his own world a CCP world that from his own imagination. Silly CCP wants to make enemy with the entire world. G7, EU, NATO+, AUKUS, Indo-Pacific ... silly fool.
Anti-Kremlin rebels are back marauding inside Russia and triggering fears Putin's forces can't defend the homeland A small group of anti-Kremlin Russians with armored vehicles crossed into the Belgorod region of Russia. Images captured the damage they caused inside Russia, and triggered debate and skepticism of Putin's regime. The melee adds to fears that Russia's troops are not up to the task of stopping a looming Ukrainian counter-offensive.
No way Ukraine will surrender their land for peace. Just like u won't surrender your master bedroom or dining hall to gangster for the sake of "peace."
This year, the leaders of Australia, Brazil, Comoros (chair of the African Union), Cook Islands (chair of the Pacific Islands Forum), India (G20 president), Indonesia (chair of Association of Southeast Asian Nations), South Korea and Vietnam are invited, reflecting Japanese Prime Minister Fumio Kishida’s stress on the importance of reaching out to developing countries, as well as US allies and partners.
More so for Korea and Taiwan presidents even US had taken their rice bowl (chips manufacturers) still have to bow to US without sovereignty like a D, coward and nothing in returns and instead Sumsung been fined and there was a thought US would destroy TSMD if China commanded a special military operation (not invasion as Taiwan is part of China) against Tawian. What kind of mentalities is US ???
Nvidia to boost the chips industry. TSMC made in Taiwan is still their first choice. NATO+ & AUKUS will keep peace in Asia. Taiwan is not domestic issue NATO+ & AUKUS are ready.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
qqq47660
9,005 posts
Posted by qqq47660 > 2023-06-03 22:49 | Report Abuse
Whether it is China Japan Korea or Taiwan, they all want to be like Singapore....not America. All are Confucian countries where education and prosperity and good governance is number one