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| Topic: America's greatest achievement - lifting the Chinese Economy | |
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Edited by
jaish
on
Fri 09/24/21 03:56 AM
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Around 50 years ago, Mao Tse Tsung's period China was closed to the World, Population, Poverty, Communism, Then Kissinger went to China (to offset the Soviet's) Gave China - preferred trading partner status 50 years later - the sleeping giant awakes, stands and is growing taller For example, take steel. "steel industry remains at the core of a sustainable modern society". Steel is essential to our society. As a permanent material which can be recycled over and over again without losing its properties, steel is also fundamental to a successful circular economy. From transport systems, infrastructure and housing, to manufacturing, agriculture or energy, the industry is continuing to expand its offer of advanced high strength steels which reduce the weight of applications and encourage circular economy practices. For society, the benefits include durable products, local jobs, reduced emissions and the conservation of raw materials for future generations According to World Steel China is top consumer and consumed 56% of world steel production in 2019 EU - 9% NAFTA (US, Canada, Mexico) - 7.6% India - 5.7% New Zealand, Australia - 0.4% China is also the largest producer of crude steel - 996 Million Tons per Year World production - 1,865 MTPA =============== =============== Which brings up the question and not, Where did China get the money to buy and build steel plants but..., what is China doing with all this steel? |
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Edited by
jaish
on
Sat 09/25/21 02:28 PM
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The railway lines, from Yiwu to Madrid - 12,600 kms Now Yiwu to London The London end of the line is located in Barking, East London - that's a lot of steel there 
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China's electric car leaders predict new energy vehicles will dominate the world market by 2030 The best-selling EV in China is not Tesla's Model 3, but the tiny Hongguang Mini EV;s It'd produced by SAIC-GM, a joint venture between China's state-owned SAIC Motor, US carmaker General Motors and another Chinese company, Wuling Motors Tesla may close down their Chinese Plant So that's where the steel is going. |
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China is also buying up thousands of metric tonnes
of scrap steel, aluminum, and other metals. |
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Apparently, the U.S. DHS is going to start buying drones from China . Not to mention the millions of $$$ that we are putting into their communist economy but how smart is it to buy such hi-tech electronic equipment that survey and collect data that may be classified that could be fed back to China . It Doesn’t Make Sense. Just like everything else that’s happened since Dopey Joe took over.
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China started with building islands in the South China Sea - Spratly reefs became Islands. 2016 Next they built military bases on these islands. 2019 / 20 Taiwan soon, after Harris becomes President, by choking off passage through South China Sea / Air. There’s a lot of steel now, below sea level |
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Huawei's Chief Financial Officer Meng Wanzhou arrives at China's Shenzhen International Airport, after nearly three years of detention in Canada. Meng's house arrest in Canada ended on Friday after the U.S. Department of Justice dropped its request for her extradition. Meng was arrested in 2018 at Vancouver International Airport by Canadian authorities at the request of the United States. The two Michael’s, Canadians arrested by China have been releases as part of the exchange program sought by Canadian foreign minister who lobbied in US. In my opinion .., I've changed my opinion on Trump ..., kind of bit immature, arresting a finance guy of a tech company. |
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