Breaking China halts all us farm imports and devalues its OWN currency

>ban pork imports while having widespread disease wiping out your domestic pork supplies
>pork is the staple meat in China
>is China fucking retarded?
Yeah, but they don't want to seem weak now that Trump is provoking them. Devaluing is only a short-term positive and China's current account is shrinking in regards to their dollar supply making it harder for them to protect the yuan from devaluing out of control. Maybe their gold reserves will save them, but I doubt it. They built their country to unsustainable levels and once their housing bubble pops it'll be worse than early 90's Japan.

Well ackchually China has veen deliberately devaluing the yuan in global markets for years
This isn't some new occurence. The chinese government does it to keep chinese goods cheap and remain an exporter

Makes it easier for them to pay off shitty debts, but leaves them open to hyper inflation problems. Ask Mr Zimbabwe banker how it works.

have you ever seen anything about china they are absolute madlads
>thinking bug people care about mass death not even once
they cool tho sometimes

This is a little different. Have a look at the stock market retard

>Yuan is cheap
>chinese goods are cheap
>chinks already own africa
>chinks got russia and by extension a whole of central asia
They will be fine. Stocks are jews tricks for free money anyway.

Those third world countries they've got in debt traps isn't going to replace the US market. Europe has too many trouble of their own to replace the US as well. China's dream of a new silk road is a joke, but it will net them a few ports and some mining rights.

China is in a weird position where they want to be able to rely on their domestic market but the wealth distribution there is wacky. They still need to be able to export and manufacture on a large scale to sustain, however devaluing also disrupts their desire to build an economy of domestic consumption. China is stuck in a paradox.

yes, and trump is getting rimmed in the ass.

Due to the nature of FX and global markets really you could accuse everyone of manipulation. China is definitely one of the worst, but that's mostly because of the influence they hold over international trade.

China's rise from the ashes of communism was basically the equivalent of half of their population getting jobs at McDonald's. What they're doing now is basically the equivalent of quitting those jobs.

It's not smart, it's going to be a disaster. They're still under management of basically the same people responsible for the Great Leap Forward, who are organizationally incapable of acknowledging reality. China didn't reform and correct its internal problems, corrupt US elites made a deal with corrupt Chinese elites that redistributed income from US workers to China and rich globalists, using the Chinese population as a slavepit and its countryside as a pollution toilet. Crushing regulations, tax incentives, and blatant pro-offshoring policies (like heavily subsidized mail from China, which makes it cheaper to ship from China to many Western countries than within those countries, with the Western taxpayer covering most of the real cost) squeezed industry out of the US and other Western countries, into China.

China does not have the business integrity and anti-corruption culture to keep its industry working without the deep involvement of foreign management, customers, and suppliers. All ticks, no dog doesn't work.

Not really. America is still on top thanks to dollar supremacy. Really though everyone is fucked because the global economy is flawed. You could challenge America's position through the dollar, and some are slowly, but the reality is once the paradigm of the dollar collapses so does the rest of the world's economy. We're probably going to have to go through a global depression and economic restructuring before anything gets better.

Slav sluts can do that, alright.
They may be gambling on democrats wining and lifting sanctions, or Trump caving in. You know how they are on gambling.

They can make their own shit.
Wise choice.

we need to kill China fuck them it is the only thing Trump is doing right keep pressure on them until they crack like a rotten melon

>Is china fucking retarded?

They want to rule the world, but it ain’t happening bitches! Long live the Republic! We will dig ditches and live in the mud before bowing to those copy cats

CHINA IS SEETHING
Their top news anchor said Trump was "stirring a shitty stick"
Get the popcorn ready, lads. Their banking system is close to a Lehman moment and Hong Kong is on the brink.
zerohedge.com/news/2019-08-04/snyder-china-extremely-angry-and-now-considers-united-states-be-enemy-1

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The stock market goes up and down all the time. Remember the doom and gloom last November when it "tanked" and people we predicting it was the start of the next recession. It'll rebound in a few weeks.

china can wait out trump. They are playing the long game. The CCP doesn't need to worry about being reelected. Also, china's economy is already bigger when it comes to purchasing power parity.

>They may be gambling on democrats wining and lifting sanctions, or Trump caving in. You know how they are on gambling.
It's a bad gamble, but like I said they're really in a damned if you do damned if you don't situation so I guess gambling isn't so bad if you're desperate.

>>ban pork imports while having widespread disease wiping out your domestic pork supplies
>>pork is the staple meat in China
These policies can't be too popular in china. chinese food is absolute shit, their land is shit for growing, they are forced to import, and american food is a luxury.

its a race to the bottom and there will be no winners

start buying physical gold and ammo with your monopoly money while you still can

I was poor before all this crap started. IDGAF.

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I actually think the devaluing of their currency is them trying to increase foreign investments. If it's even cheaper to build a factory in China now more people are going to build more factories in China.

>China can wait out Trump
Except they really can't. In a war of attrition, they'll drop long before the U.S. does.

You can move factories around, but you can't move a whole nation's soil and climate.

China is shooting itself in the foot just so the blood spatter can hit the US.

I'm still good with my investments! :) Made $125 today on two stocks.

So what does this mean for chinkshit on websites like Aliexpress? Will prices get cheaper or stay the same?

>If it's even cheaper to build a factory in China now more people are going to build more factories in China.

and gamble on tariffs?

Chink build quality will go even deeper into the shitter
Fuggedaboutit

and guaranteed IP theft

That's why I think they're doing it, to try and offset the cost of recent tariffs with even cheaper labor.

>Is China retarded

You tell me.

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The only thing they have for the long game is being able to control their population when the inevitable instability hits. They can't wait out Trump and they'll need more than tariffs removed. China is not so cheap that their manufacturing provides the foundation it used to, but they don't have a matured economy either. Especially if they want to be devaluing. Most of their population still lives in poverty, as for the impressive numbers it comes from a small section of the filthy rich and massive spending and development by the CCP. Telecom and tech is what they want to move in to but that won't be able to sustain them, nor will ghost cities or frivolous provincial development projects. Like I said, China is in a weird position of being a slave labor manufacturer with wealthy consumers.

>That buldge in his pants

They may get mighty hungry and thirsty. kek, I love communism now.

buuurn it alll. I lost biiiigly in the stocks today. Thank you trump you zionist faggot

>'They don't buy enough agricultural products!'
>Trump tarrifs
>China stops buying anything at all
Is this over Trump's head??

So it seems to me that Trump is the puppet of a faction if the deep state that want to take China down a peg or two. Clinton was gonna be the puppet of the anti-Russia faction.
All the talk about immigration, nationalism vs globalism, etc. is just a smokescreen for these maneuverings. What's really happening is elites maneuvering for power.

I really do not understand how boomers can be so stupid
Those people still think that this is 86 and china still live in poverty

Can someone help a 30 year old boomer with a question. What happens if the Fed did label China a currency manipulator? Would it crash the Yuan? What happens with foreign investment?

>China halts all us farm imports
I hope they enjoy their starvation, meanwhile lets see what other countries would like to buy our food and perhaps start growing their own economy with new manufacturing industries?

Well that's the problem with modern American politics and president for life autocratic ones. They can just play risky and tell the us "go ahead, I dare you" because they can just wait it out till a more favorable administration comes along that will kowtow to them.
After all, what the fuck is their population gonna do about it? Jack shit when you can Tiananmen them.

Which mind you, is why I'm sure the us does have it's hands in Hong Kong. Create instability in China so it's not just economics but a physical problem too. Split their attention, resources, and create bad optics

Xi’s position isn’t as rock solid as people seem to assume. He is getting embarrassed by Hong Kong and Taiwan, the Uighur camps have been getting more and more international attention, and the economy has been slowing due to his inability to outfox Trump. This move seems more a desperate attempt to show strength than an intelligent move.

I think that's the most eloquent way I've ever seen it put.

China can get bent. No more handouts for their psuedocommunist state, play fair and stop treating your citizens like insects.

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China can replcae most of it from europe and Brazil wich they already do

And then what? They still don't need to worry about re-election when the masses are unhappy. They can play a long game even if they lose. There is continuity, whereas the us govt might not.

nobody wants to eat your bleached chicken you fucking cunt.

Me on the left.

They'll collapse any day now any day... Says increasingly nervous boomer but still keeping a false sense of security the nth time this decade

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>and create bad optics
Luckily they do that themselves with
>Tienanmen
Which really fucked over China
You're right about dictatorships though, china always plays the long game and since we have no cohesive agreed upon game plan for dealing with the slant eye'd menace, they will succeed.

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Dow down almost 800

Trump's retarded tariffs aren't smart either. Protectionism never works. History has proven that.

>Stocks are jews tricks for free money anyway.
Based and financepilled.

it was almost 1000 an hour or so ago

Chinese colonist detected

Do they even import this much from usa?

How's their water taste?

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>China can get bent
>Goes shopping at Walmart and buys $200 of shitty made in China products

Aboriginal alcoholic detected

good luck, never ever panic sell

Speak for yourself Chan.
I buy us made where I can. But some things you just cannot find made in us because the industry isn't there

Quite a bit. Not all of it is direct. A lot is feed for animals etc. A lot of the crap they need from us besides water and produce supports their own efforts and pulling that creates an even larger strain on an already strained system.

The US need to get Muslim countries to bring up the Uighur camps to the UN. and make this a big issue.

hers looks bigger tbqh

>president for life autocratic ones. They can just play risky and tell the us "go ahead, I dare you" because they can just wait it out till a more favorable administration comes along that will kowtow to them.
Xi's power isn't unquestionable and if things get too out of hand there is the very real possibility of internal struggles between factions within the CCP. If their leadership begins in-fighting the ability to exert total control will become schizophrenic and disconnected.
>After all, what the fuck is their population gonna do about it? Jack shit when you can Tiananmen them.
The Chinese are under a lot of pressure from the CCP and their heavy-handed tactics. However, there is inevitably a breaking point. Once that point is crossed there will be a lot of frustration to be released. China has been more and more exposed to foreign ideals despite the Chinese propaganda. Being good little commies because the CCP needs them to be when times get rough may not be so easy anymore.

Optics is just a code word for “good goy/bad goy”, no one really cares.

I always kick ass in Chinese Checkers

Hope the US fucks them good and that there will never be a US president who is easy on the chicoms ever again

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Fuck China in the vagina.

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CHINESE RAPE MUTTS

>China
>a threat
>at all

Very nice

Devaluing your own currency makes your goods cheaper when bought from the outside by another currency. It increases exports. This is the move Greece should make but it cant since its slave chained to the euro.

lmao which is why basically every other country on earth does it
No more handouts zhang

This.

America can now dedicate all that land to growing healthy foods.

But it won't. It'll just feed a few billion Niggers in Africa (to soak up supply) and in 20 years they'll be ready to flee their poverty and create 'new growth' in Shitmerica.

Are you 100% it is Xi and not the party as a whole? They kind of moved away from maoist organization to more collegial one.

If China wants to really fuck over Trump and guarantee a Dem winning in 2020 all they have to do is dump the 1 trillion in treasury bonds they hold.

This is them doubling down on the trade war, devalue to export more, import less by banning

hey guys why are we bullying china, they're trying their best

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Devalue to offset the 10% tariff, this isn't that complicated.

Oh and Xi's rule is strengthened by trade war, because outside pressure always eliminates dissidence, in case any Trumptards still think CCP is on a verge of collapse.

And increase the cost of food in those countries, driving inflation and interest rates up while the US cuts rates and continues to grow at 3%+? Chinky is in over their head in this one. They been global economics for 30 years, the US has been doing this game for 200+

Dump them to who? You know if you want to sell something that someone else has to buy it, right?

The Chinese were raped so much that half of them are a different ethnicity from the other half. Yet the modern Chinese have the audacity to claim that they're ALL a single homogeneous "Han Chinese" ethnicity.

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What does the Japanese trade sanctions on South Korea have to do with all this? If South Korea was playing both sides it would explain why our glorious nippon brothers are applying pressure to the pan faced gook menace. What an absolute coup it would be to open up best Korea to western investment and at the same time corner the chinks.

Chang.

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They do. Areas in mainland chinese dont have clean running water or even electricity in some cases.

It's an emergency measure; devalue your currency to inflate away your debt, increase the financial advantage of your exports and investments, and reduce the

However
>Growing middle class
>Middle class is transitioning to a service industry workforce
>middle class also becoming Consumers; pork is number one food product
>US food imports are primarily meat, produce not commonly grown as cheaply in China, and cereal crops used as feedstock for meat animals e.g. corn
>New and emerging stock markets that are incredibly vulnerable to investor scares
>Exceedingly fragile position
China's sorta fucked

>b-but China would starve without American food
kek

>Are you 100% it is Xi and not the party as a whole
I'm saying Xi is just the right face for the right time, which ostensibly has been called his lifetime, and that the party "as a whole" is probably not so whole. Put too much pressure on the conflicting desires and opinions of the people that drive the CCP and it will disrupt the efficacy of their totalitarian government.

>all this while they have a new swine flu decimating their pork production
told you faggots they starve out every 30 years