[patriots] Chinese Supremacy
- From: "Chris Pead" <cpead@xxxxxxxxxxxx>
- To: "Patriots JGroup" <patriots@xxxxxxxxxxxxx>
- Date: Tue, 2 Sep 2014 18:36:32 +0100
This tells us about China's supremacy in manufacture, and world trade,
recommended reading.
Chinese Supremacy
This article, though aimed at a US audience, gives a scary insight into
China's growing economic power.
A Little Known Reality:
June 8, 2013. Source: Michael Snyder, Guest Post
In future China will employ millions of American workers and dominate
thousands of small communities all over the United States. Chinese
acquisition of U.S. Businesses set a new all-time record last year, and it
is on pace to shatter that record this year.
The Smithfield Foods acquisition is an example. Smithfield Foods is the
largest pork producer and processor in the world. It has facilities in 26
U.S. States and it employs tens of thousands of Americans. It directly owns
460 farms and has contracts with approximately 2,100 others. But now a
Chinese company has bought it for $ 4.7 billion, and that means that the
Chinese will now be the most important employer in dozens of rural
communities all over America.
Thanks in part to our massively bloated trade deficit with China, the
Chinese have trillions of dollars to spend. They are only just starting to
exercise their economic muscle.
It is important to keep in mind that there is often not much of a difference
between "the Chinese government" and "Chinese corporations". In 2011, 43
percent of all profits in China were produced by companies where the Chinese
government had a controlling interest in.
Last year a Chinese company spent $2.6 billion to purchase AMC entertainment
- one of the largest movie theater chains in the United States. Now that
Chinese company controls more movie ticket sales than anyone else in the
world.
But China is not just relying on acquisitions to expand its economic power.
"Economic beachheads" are being established all over America. For example,
Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on a
$100 million plant in Thomasville, Alabama. Many of the residents of
Thomasville, Alabama will be glad to have jobs, but it will also become yet
another community that will now be heavily dependent on communist China.
And guess where else Chinese companies are putting down roots? Detroit.
Chinese-owned companies are investing in American businesses and new vehicle
technology, selling everything from seat belts to shock absorbers in retail
stores, and hiring experienced engineers and designers in an effort to soak
up the talent and expertise of domestic automakers and their suppliers. If
you recently purchased an "American-made" vehicle, there is a really good
chance that it has a number of Chinese parts in it. Industry analysts are
hard-pressed to put a number on the Chinese suppliers operating in the
United States.
China seems particularly interested in acquiring energy resources in the
United States. For example, China is actually mining for coal in the
mountains of Tennessee. Guizhou Gouchuang Energy Holdings Group spent $616
million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee. At
the time, that acquisition really didn't make much news, but now a group of
conservatives in Tennessee is trying to stop the Chinese from blowing up
their mountains and taking their coal.
And pretty soon China may want to build entire cities in the United States
just like they have been doing in other countries. Right now China is
actually building a city larger than Manhattan just outside Minsk, the
capital of Belarus.
Are you starting to get the picture? China is on the rise. If you doubt
this, just read the following:
# When you total up all imports and exports, China is now the number one
trading nation on the entire planet.
# Overall, the U.S. has run a trade deficit with China over the past decade
that comes to more than 2.3 trillion dollars.
# China has more foreign currency reserves than anyone else on the planet.
# China now has the largest new car market in the entire world.
# China now produces more than twice as many automobiles as the United
States does. After being bailed out by U.S. taxpayers, GM is involved in 11
joint ventures with Chinese companies.
# China is the number one gold producer in the world.
# The uniforms for the U.S. Olympic team were made in China.
# 85% of all artificial Christmas trees the world over are made in China.
# The new World Trade Center tower in New York is going to include glass
imported from China.
# China now consumes more energy than the United States does.
# China is now in aggregate the leading manufacturer of goods in the entire
world.
# China uses more cement than the rest of the world combined.
# China is now the number one producer of wind and solar power on the entire
globe.
# China produces 3 times as much coal and 11 times as much steel as the
United States does.
# China produces more than 90 percent of the global supply of rare earth
elements.
# China is now the number one supplier of components that are critical to
the operation of any national defense system.
# In published scientific research articles China is expected to become
number one in the world very shortly.
And what we have seen so far may just be the tip of the iceberg. For now, I
will just leave you with one piece of advice - learn to speak Chinese. You
are going to need it!
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