Australian Politics Forum - China: Crunch Time

tallowood Gold Member Offline Australian Politics Posts: 6048	Re: China: Crunch Time Reply #15 - Apr 5^th, 2010 at 7:56pm What are economic and political models in China?
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freediver Gold Member Offline www.ozpolitic.com Posts: 49476 At my desk.	Re: China: Crunch Time Reply #16 - Apr 5^th, 2010 at 8:39pm Economic is the choice between communism and capitalism, or the progression along the spectrum in between. Political is the choice between democracy and dictatorship, and between freedom and oppression. As for what they actually have, the seem to be in a state of flux. 'Interesting times'.
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NorthOfNorth

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Re: China: Crunch Time
Reply #17 - Apr 5^th, 2010 at 8:54pm

freediver wrote on Apr 5^th, 2010 at 8:39pm:

Economic is the choice between communism and capitalism, or the progression along the spectrum in between. Political is the choice between democracy and dictatorship, and between freedom and oppression.

As for what they actually have, the seem to be in a state of flux. 'Interesting times'.

Well, they've moved rapidly towards capitalism since Deng Xiaoping's reforms.

As for the political... Well, for the Chinese, in Confucian terms, its just a matter of understanding "The Party" as a metonym for "The Emperor".

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tallowood Gold Member Offline Australian Politics Posts: 6048	Re: China: Crunch Time Reply #18 - Apr 5^th, 2010 at 9:53pm Do they really move towards capitalism or is it another NEP? http://en.wikipedia.org/wiki/New_Economic_Policy
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NorthOfNorth Gold Member Offline OzPolitic Posts: 17258 Gender:	Re: China: Crunch Time Reply #19 - Apr 6^th, 2010 at 8:41am tallowood wrote on Apr 5^th, 2010 at 9:53pm: Do they really move towards capitalism or is it another NEP? http://en.wikipedia.org/wiki/New_Economic_Policy Who knows... Time will tell. Although its hard to imagine China's 'Little Emperor' generation giving up their affluence without a fight of civil war proportions.
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tallowood

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Re: China: Crunch Time
Reply #20 - Apr 6^th, 2010 at 11:11am

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...A Chinese report says the China Iron and Steel Association has urged the boycott in protest at what it claims is a price monopoly by Anglo-Australian firms Rio Tinto and BHP Billiton, and Brazil's Vale.

It follows agreement by other key Asian buyers to accept price increases for three-month deals of up to 100 per cent.

Trade Minister Simon Crean says such a call is contrary to China's status as a market economy....

http://www.abc.net.au/news/stories/2010/04/05/2864493.htm

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NorthOfNorth

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Re: China: Crunch Time
Reply #21 - Apr 6^th, 2010 at 11:30am

tallowood wrote on Apr 6^th, 2010 at 11:11am:

Quote:

...A Chinese report says the China Iron and Steel Association has urged the boycott in protest at what it claims is a price monopoly by Anglo-Australian firms Rio Tinto and BHP Billiton, and Brazil's Vale.

It follows agreement by other key Asian buyers to accept price increases for three-month deals of up to 100 per cent.

Trade Minister Simon Crean says such a call is contrary to China's status as a market economy....

http://www.abc.net.au/news/stories/2010/04/05/2864493.htm

Seems it going to take some time for the Chinese to understand a market economy.

However, its hard to imagine mainland Chinese capitalists resenting the central government's using its clout to try and drive down import prices.

I believe we'll see a lot more of this kind of chauvinism from the Chinese.

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tallowood

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Re: China: Crunch Time
Reply #22 - Apr 6^th, 2010 at 12:00pm

The move by the China Iron and Steel Association may actually threaten Chinese economy.

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CISA claims the mills could afford to boycott their main suppliers because China has two months' worth of ore stockpiled. Never mind questions of how efficiently and quickly that stockpile could be moved to where it's needed most, or the supply safety margin China's mills require given already stretched infrastructure constraints, the idea of a boycott that only delays inevitable purchases for a few weeks at the risk of disrupting supply of an absolutely vital raw material is simply absurd.

http://www.smh.com.au/business/dark-cloud-for-iron-ore-lining-20100406-rnj6.html

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NorthOfNorth

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Re: China: Crunch Time
Reply #23 - Apr 6^th, 2010 at 12:04pm

tallowood wrote on Apr 6^th, 2010 at 12:00pm:

The move by the China Iron and Steel Association may actually threaten Chinese economy.

Quote:

CISA claims the mills could afford to boycott their main suppliers because China has two months' worth of ore stockpiled. Never mind questions of how efficiently and quickly that stockpile could be moved to where it's needed most, or the supply safety margin China's mills require given already stretched infrastructure constraints, the idea of a boycott that only delays inevitable purchases for a few weeks at the risk of disrupting supply of an absolutely vital raw material is simply absurd.

http://www.smh.com.au/business/dark-cloud-for-iron-ore-lining-20100406-rnj6.html

Looks like they picked a bad product to quit buying. Grin

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micronews New Member Offline Australian Politics Posts: 1	Re: China: Crunch Time Reply #24 - Apr 6^th, 2010 at 1:06pm China is lacking energy seriously. They must go to find oil, coal ... This is threaten to nextdoor country as Vietnam, Philippines
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NorthOfNorth Gold Member Offline OzPolitic Posts: 17258 Gender:	Re: China: Crunch Time Reply #25 - Apr 6^th, 2010 at 1:26pm micronews wrote on Apr 6^th, 2010 at 1:06pm: China is lacking energy seriously. They must go to find oil, coal ... This is threaten to nextdoor country as Vietnam, Philippines Welcome micronews. Hope you enjoy your time here. They want coal... we got coal! All good!
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tallowood Gold Member Offline Australian Politics Posts: 6048	Re: China: Crunch Time Reply #26 - Apr 6^th, 2010 at 9:01pm micronews wrote on Apr 6^th, 2010 at 1:06pm: China is lacking energy seriously. They must go to find oil, coal ... This is threaten to nextdoor country as Vietnam, Philippines Chinese do it in Africa already and also it loves Iranian oil.
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