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Originally Posted by Sinestra
People must realize that as much as China and the US bicker with each other a lot of it is political posturing. Both countries can not afford to the economies of either fail. I feel some people do not understand just how intertwined the US and China are economically and also some fail to realize just how long the US has actually been friends with China. Both countries know that a step in the wrong direction will send the globe economy to the 9th layer of hell. When people have no jobs are starving and have no money they riot and the last thing China wants is to get their citizens in an uproar. China becoming dominate economically will eventually happen but you will also see the rise of other nations like India. The US is very resourceful and innovative when it comes to the changing of the tides. Right now the country is unsure of itself like a teenager that is not sure of his/her place in the world. China has to bring over a billion people out of poverty to middle class status. Do you know how hard and how long that will take and thats assuming their upturn continues. Their inflation got a break this week and leveling off but their housing market is still unstable. China has a lot of problems it must over come and the biggest being the huge gap between rich and poor.
Chinas problem is not economic its that many countries only to do business with Japan not share policy and China has no clue how to manage global affairs they have always looked inward. Majority of China's neighbors are fearful of them this is not exactly a great image for China. Economic powerhouse yes that will happen Super Power in terms of global domination i highly doubt it.
Also, lets not forget that over 80% of China's Million and Billionaires leave and or want to leave China when they can. So they are making money in China then leaving. Because they are fearful the government can just take what they have earned. In China you dont own your own house and for any reason you can be investigated. So again people seem economic partnerships with China but people are rushing to live there like people rush to live in the US. Btw out of those 80% 68% of China's rich move to a residence in the US where they later obtain citizenship and stay here.
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US and China have occasional spats, but it is all for show, the corporations that have invested in China and are making their billions, they have politicians of both party and the Supreme court in their pocket. 1.5% of US household makes more than $250,000, the rest 98.5% makes less. But this 98% is voting against their own interest and electing people who are not looking after their interest. The democracy in the US has been hijacked, it is now a democracy of corporations, by corporations and for corporations. If the people could get back in the driving seat, the first thing they would do is redesign the global trade regime. I will get into that in later posts, if there is any audience. Chinese people getting into an uproar is concern for Chinese govt. and no one else need to be worried about that.
China is hostile with its neighbors because it knows the power equation is changing and it can be more assertive than before. When its power increases more, it will make it more assertive not less. There is no politeness in international affairs, there is diplomacy to sugarcoat the hard truth, which is the law of the jungle, you be the biggest alpha male, you can beat down the rest and establish your dominance. Some do it with more finesse, like using the UN as a cover and some are more crude.
China's millionaires leaving China is a loss for China, but it will hardly dent the total picture of the Chinese state and its growth of power.
Overall, you are pointing out bits a pieces of the zig saw puzzle, but are not looking at the big picture, that China and India are becoming threat for not just their neighbors but the wider world, because they are way bigger than the 3rd largest country which is the US, the current reigning hegemonic power and this has created a dangerous destabilizing situation. The US will not be able to control them in the future, as their economic and military power will soon eclipse the US. First we have to debate and reach and understanding why and how this is the case. Once we agree that there is a problem to begin with then we can try to recognize and identify the problem and look for solutions.