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Wednesday, 05/10/2023 4:07:57 PM

Wednesday, May 10, 2023 4:07:57 PM

Post# of 29294
The Rising Influence of Chinese Rising Affluence

I got an email from a solid source about the rising affluence of China. No source of the info, but he claims it can all be found. Either way, I find it hard to dispute the the USA is falling in world economics and China is rising. In about 2006 I traded some Chines stocks. As I recall, there were about 30. I looked today and the list is is up to 277. I am basically a technical stock trader. I do much better there than fundamental trading, unless I buy Dew jbog, semi's and other picks here smile I definitely will focus my trading on Chinese stocks, especially those with most of their business in China as I feel the US is heading into a recession.

https://stockanalysis.com/list/chinese-stocks-us/

My email from a friend, minus his politics. He is a very well respected successful business man, smarter than me, lol.>>>

Their primary weapon of choice to conquer the world is Finance and countries around the world are falling fast.
Not just the USA but the world is in trouble.

In the near future, China will employ millions of American workers and dominate thousands of small communities all over the United States. Chinese acquisition of US 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 a great example. Smithfield Foods is the largest pork producer and processor in the world. It has facilities in 26 US states and it employs tens of thousands of Americans. It directly owns 460 farms and has contracts with about 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.

It is important to keep in mind that there is often not much of a difference between "the Chinese government" and "the Chinese corporations". In 2011, 43 percent of all profits in China were produced by companies in which the Chinese government had a controlling interest.

Last year a Chinese company spent $2.6B to purchase AMC Entertainment one of the largest movie theater chains in the United States. Chinese companies control 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 $100M 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 and 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 in the United States.

China is very interested in acquiring energy resources in the United States.

For example, China is actually mining coal in the mountains of Tennessee. Guizhou Gouchuang Energy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in Jacksboro, Tennessee. Guizhou Guochuang Energy Holding Group - Global Energy Monitor. 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. percentage-chinese-population.htm

Are you starting to get the picture yet? China is on the rise and has been for a long time while America plays political games.


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 US has run a trade deficit with China over the past decade that comes to more than 23 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 does the United States.

# After being bailed out by US 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 US 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 includes glass imported from China.

# China now consumes more energy than the United States.

# 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 will become number one in the world very shortly. And what we have seen so far may just be the tip of the iceberg.

Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!

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