China Shifts Purchase Priorities From Manufacturing Materials to Food…

An interesting article in the South China Morning Post (SCMP) highlights how China is shifting their procurement priority from minerals used in manufacturing (cobalt, copper) to the acquisition of food and agriculture products.

The impact is being felt throughout Africa, where mining companies are shutting down operations because Chinese demand no longer exists.

Articles like this highlight the ancillary impacts of a weakened Chinese economy.

Despite the proclamations by Beijing about their ability to withstand the withdrawal of the U.S. as a primary customer for manufactured goods, reality shows they cannot.

There is a confluence of events all leading to radical changes just below the surface.  China has been burning cash to subsidize industries impacted by U.S. tariffs.  Simultaneously Beijing has lowered the value of their currency in an effort to eliminate the tariff impact in the cost of their finished goods. However, as the ideological economic conflict between the U.S. and China continues, Beijing cannot hold their position indefinitely.

[…]  A decelerating construction boom in China also has led to a decline in demand for copper while Beijing’s move to raise standards for electric vehicles qualifying for subsidies is depressing the market for cobalt.

An economic slowdown in some African countries is seen as tied to China’s economic slowdown, accelerated by the tariff battle. (link)

Countries that attached their economy to purchase agreements with China over the last 20 years became dependent on those exports.  As China slows or stops their purchases those dependent economies are now at risk.

[…] Martyn Davies, managing director of emerging markets and Africa at Deloitte, said China’s demand for commodities has underpinned Africa’s growth for 20 years.

“Any commodity-exporting economy’s growth model has been underpinned by China’s demand for commodities in the last generation,” Davies said.

“This in itself has resulted in complacency in many commodity exporting countries because if you had China growing at 7 or 8 per cent, you don’t need to struggle. “Unfortunately,” Davies said, “the world has changed.”  (link)

And now China’s biggest weakness starts to surface.  A country that cannot feed its own population even during the best of times, is now facing a downturn in economic and employment activity while the need to import food remains.

[…] analysts say that while countries that export cobalt, copper and iron ore will be hardest hit as Beijing – the major buyer of Africa’s hard commodities – diversifies the sourcing of its imports during the trade war, opportunities are opening up for exporters of soft commodities, such as agricultural products. (link)

There comes a time in the life of a panda when bamboo is no-longer taken for granted.

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This entry was posted in Big Government, China, Donald Trump, Economy, European Union, Hong Kong, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA, USMCA. Bookmark the permalink.

226 Responses to China Shifts Purchase Priorities From Manufacturing Materials to Food…

  1. mtkennedy21 says:

    Hong Kong is the canary in the coal mine. If China thinks it can get away with smashing Hong Kong, it will suggest they are stronger than we think. If not, not.

    Liked by 2 people

    • Mark L. says:

      The bamboo curtain is being drawn.
      Totalitarian economies are not efficient.

      Liked by 24 people

      • There’s an article about this. It’s noahpinion “Why Dictatorships Fail.” (I’m not direct linking because links tend to make my posts get the “this comment is being reviewed” treatment on alot of online stuff.

        Liked by 1 person

      • Urgggh, it always deletes my first comment.

        Dictatorships typically fail because they have Shadow Governors to pay off. This creates a need for short-term profits and a lack of long-term risk taking. This creates unsustainable functions, since if the dictator ever FAILS to pay those people, they suddenly get the drive-by shooting and head on a pole treatment, so they create programs that don’t work but make a few bucks. They also fail for another major reason: the Mandate of Heaven is real. You can keep people stupid, you can keep them in fear, but unless you keep them happy (or at least leave them alone), they will revolt.

        Liked by 1 person

    • sarasotosfan says:

      They have the power to “smash Hong Kong”. The issue is will China’s policy advance their economic self interest by smashing Hong Kong. I don’t see any way this advances their economic self interest as capital flees, driving our bonds to record high prices and record low yields.

      Liked by 7 people

      • Paul Paulski says:

        They may have the power, and likely do. They are also likely blind to how that would look internationally…

        Liked by 1 person

        • Steve Herman says:

          If China does squash HK, you know it is starting when China’s internet goes dark.

          Like

          • CountryDoc says:

            And who would have to be complicit with China in order for the internet to go dark? Can they do it by themselves? Or does someone or some entity in our country have to help? Do their ruling class continue to have internet? Can their economy function without internet?

            Like

            • Steve Herman says:

              Big G w/ the googly eyes gave CCP the kill-switch. think who ES is!
              Do their ruling class continue to have internet? Good question – don’t know, but I would tend to think CCP would get a pass.
              Can their economy function without internet? It would only take 36 hours max to nuff out the HK resistance. They already know the leaders. CCP is fast and efficient when needed.

              Like

      • Dee says:

        If they smash Hong Kong, they will be pariahs in other countries eyes and they will stay away from them. Trade will dwindle and they will deserve what they will endure.

        Liked by 7 people

        • sarasotosfan says:

          Macau will suffer along with HK.

          Liked by 2 people

        • California Joe says:

          That would mark the end of Western investment in China. No CEO or BOD will build a manufacturing plant in China ever again.

          Liked by 5 people

          • Rob says:

            Never should have.

            Liked by 5 people

          • Cetera says:

            Of course they will. Most people are idiots, remember? Most people don’t read books. Most people don’t read, period.

            In 20 years, any HK crushing will be long forgotten by most, and the cycle can begin again. “Socialism is good, Communism is the future, see how great these guys are? They are intelligent, and cultured, and not white/American, which makes them 1,000x better!”

            Never forget MPAI (pronouned EM-pie). Most People Are Idiots.

            Like

        • Paul Apostle says:

          This is why I believe the ‘2 million army from the east’ will invade the middle east (Battle of Armageddon) , out of pure desperation to ‘take’ someone else’s wealth! Because that is what communist do and cannot survive without it.

          Like

      • underwhelmingposter says:

        The article really states that Hong Kong has already lost. No agreements have been or will be honored by China. They will insert their minions to rule dictatorially.
        Those “quiet until now” billionaires will become part of China’s Politburo, so to keep their billions.
        If any of those billionaires turn against Hong Kong, the US shield seize their US assets(if any). Then turn up the ratchet on the tariffs!

        Like

    • Georgia says:

      Hong Kong is part of China? So they are dealing with a rebellion (not that I like the ChiComs…)— Interesting parallel? California and the Sanctuary Cities are in open rebellion against the United States Government (using illegal aliens as population replacement to supply Dem voters and disenfranchise the Citizens of the USA….)– would you mind seeing some such “Chinese” action here to end that?

      Liked by 1 person

      • GB Bari says:

        I do not believe the current Hong Kong situation has any parallel here in the US at all.

        Hong Kong history is not one of communism. It was a British colony from 1842 to 1997 and then, along with Kowloon, was returned to China in 1997 (at the end of a 99 year “lease” that was signed in 1898) but only with China’s agreement to allow HK to retain their separate non-communist government system until 2047.

        But China’s Communist hardliners grew impatient and are unwilling to wait the agreed upon 50 years. They want Hong Kong’s wealth now. (Three guesses as to why, and the first two don’t count……)

        Liked by 9 people

        • lgstarr says:

          I stayed in Kowloon in 1987 and took trips to the big city and then, over the S. China Sea to Guangzhou, and Foshan. Knowing how many people came to Hong Kong for the magnificent shopping alone, and remembering the pretend single “free market” fake city on the other side, it’s hard to imagine it all going away…but then, that’s always the insanity of totalitarians, isn’t it?

          Liked by 1 person

      • G. Willikers says:

        No country ever signed an agreement with the US Government that California should be subject to a “One Country Two Systems” style of governance so no, not even a close parallel. And the Hong Kong protesters never jumped a border and broke national law to get into Hong Kong – they are the natives. Where would they be deported???

        Liked by 2 people

        • deeperinfo says:

          Taiwan
          (Sorry, comment system weird double posts cause failure to close comment window after posting).

          Like

        • Paul Apostle says:

          Well said G. Willikers. However, I do support the ‘Trump’ Federal Government enforcing Federal Law in communist Cali, Portland, Seattle, Chicago, Baltimore ect….. At least run a campaign in those cities to expose their DNC culprits – would to God we had a tough AG.

          Like

      • If they continue, then President Trump should consider following President Eisenhower’s(R) example with Little Rock, AR.

        Same old story with racist Democrat rebels thought they could ignore Federal Law.

        Liked by 1 person

    • thedoc00 says:

      The Honk Kong Market is a financial gateway for China Inc.(used by Western Financial and Business Entities) as it is semi-Independent and not treated the same as Shanghai Market. China Inc. does some major financial damage to itself if the investors in the HK Market decide to cut losses in a hurry to avoid being present during the hostile China Inc. take over.

      Liked by 1 person

    • ddouthat09 says:

      If CCP is forced to resort to another Teananmin action, it is a sign of weakness, not strength. It means they fear rebellion to spread to the mainland, that is, CCP is becoming afraid of its people.

      Liked by 2 people

  2. Maquis says:

    Do Pandas roost?

    Liked by 2 people

  3. President Trump: Be sure to TRADE Agricultural Exports for China’s stockpiles of Rare Earth Elements.

    Liked by 21 people

    • The Deplorable Tina says:

      Truth!

      Liked by 3 people

    • tonyE says:

      Why? We really don’t need China’s rare earths.

      (1) We have rare earths too. It’s the Environazis and the Obola EPA that shut it down.

      (2) Turns out you can engineer your way out of using rare earths, or at least cutting back. The current Honda Accord Hybrid no longer uses rare earths in its electric motors.

      (3) Will China have to “eat” their words and start buying US agricultural products?

      Liked by 13 people

    • ElTocaor says:

      Here’s the kicker on that: In April of 2018 Japan found enough rare earths in their territorial waters to supply global demand for at least 780 years.

      https://www.scmp.com/news/asia/east-asia/article/2141445/discovery-rare-earth-minerals-japan-coast-secures-780-years

      I’d rather we get the real stuff from Japan than the “rare earths” China would sell us. I’ve heard awful things about Chinese steel…

      Liked by 9 people

      • Alan Reasin says:

        Steel with porosity, sand in it, I can attest to from my time working power plant construction. Their QC is horrible and we get medication from them.

        Liked by 2 people

        • John Good says:

          I was working in Plumbing & Heating Depts. at a Home Depot here in Canada during 99′ to 01′. The Gas Fitters that I was threading black pipe for started to complain that the threads I was cutting with the Ridgid Pipe Threading machine were “chipping”. I said that it could not be the dies, as they were new.
          Home Depot found out that it was the “inferior Chinese Steel” that was the problem at the time & guess what? My “millionaire” Plumbing & Heating contractor friend told me a month ago or so, that Home Depot is still selling the same inferior black pipe!
          At the risk of someone thinking that I am a “conspiracy theorist”, I have read that there was a lot of Chinese Steel used in the construction of the World Trade Center Twin Towers, & although I an not an Engineer, common-sense dictates that “cheap inferior steel” will probably have lower melting/sagging points, etc. & IT could have contributed to the collapse of both towers. If proper steel was used originally, the twin towers MAY not have collapsed & many less people would have died & there would be a lot less claims of “illness due to inhaling deadly particles” as many of the first responders rightfully claim.

          Like

          • Chad C. Mulligan says:

            Speaking as one who is, (well, was) an engineer, Chinese steel wouldn’t have any different mechanical properties when heated than good American steel. They DO ship steel with fraudulent assay documentation and steel with inclusions, (usually slag), steel in which alloying elements are not adequately mixed, and-and-and. They aren’t alone in this. While I was still working in the auto industry I learned of a quality crisis in the GM supply chain that traced back to bad steel sourced in Brazil.

            Like

        • CountryDoc says:

          There have been multiple recalls from Chinese made medications.

          “Pharmacy benefit managers” buy them and mark up the prices, contract out by high copays the purchase of the competition, then insurance companies disguise that profit as “medical care” so they don’t have to report it as profit or share it with the medical providers who are supposed to be being rewarded for value of care (low cost, high quality). Look for american medical/industrial complex (insurance companies, large hospital groups) to start finding other ways to sustain their profits.

          Liked by 1 person

  4. Ray Runge says:

    Sigh, just when the high quality, boutique iron ore mine in Brazil was scheduled to start producing.

    Liked by 2 people

    • Ghost says:

      Iron ore is a different category. The U.S. imports more Iron ore from Brazil than any other place by far. PDJT and Brazil’s new leader have a great relationship. This will work out for them just fine as American Steel continues to ramp up production.
      👍

      Liked by 9 people

  5. everywhereguyy says:

    Hardball being played, baby. We’ll see how it goes…

    Liked by 5 people

  6. vikingmom says:

    So, this is what it looks like when there is an actual businessman in the White House who understands how to play the long game rather than an “intellectual” who has only played economics in theory classes and has never been held accountable for their failures! All those brilliant “ideas” tend to evaporate when confronted with the real world, which is actually full of cut throat dictators who have spent the last 30+ years laughing at the gullible Americans!

    Sorry Xi – party’s over!!

    Liked by 34 people

    • JC says:

      100%, vm. Great post. Each day there is something new to appreciate about our President, every day we restore a piece of the soul of our beautiful country. Thank you, Mr. President. Thank You, God.

      Liked by 9 people

    • WRB says:

      “In theory, there is no difference between theory and practice. But in practice, there is.” Yogi Berra (famous philosopher)

      Liked by 10 people

    • i2choose says:

      Not a fan of Boris Johnson, on his past record or as a man, but if he takes lessons and guidance from PDJT, the U.K. just may have a chance to get out of the EU and the Globalist Cabal influence. Then the innovative spirit of the country could be unleashed. Northern Europe and North America could shine together!

      Like

  7. pageoturner says:

    It is staggering to consider the amount of wealth Americans created that has been siphoned off to the rest of the world.

    We are aware of the billions taken from our wages and dispensed in the form of “aid”.

    Thanks to President Trump we are also aware that it was our toil that built China’s infrastructure as ours crumbled.

    But that China is expending our wealth to support Africa is another wrinkle.

    Follow the money. Our leaders have certainly been aware and ignored the damage being done to our people and our country.

    Liked by 27 people

  8. rayvandune says:

    Next week’s headlines:

    “TRUMP TARIFFS STARVING AFRICANS:
    WOMEN, CHILDREN HIT HARDEST”

    Liked by 11 people

    • gymcy81 says:

      …could be …

      Meanwhile, Bolsanaro (Brasil), Trump(USA) and company work on an equal trade deal…behind the scenes…and it eventually becomes public (while the media under-reports the good news)

      Many know ‘the game’…
      Many others know, the truths….

      imho

      Love thy neighbors…

      Liked by 3 people

  9. Zippy says:

    Bass has said in an interview that by the end of the year or sooner, China will be desperate for imported protein.

    The Massive ‘Pig Ebola’ Epidemic Will Give Trump Big Leverage In His Trade Standoff With China
    by Kyle Bass and Daniel Babich
    June 26, 2019

    https://dailycaller.com/2019/06/26/chinese-pig-ebola-trump-trade-leverage-china/

    Liked by 6 people

  10. scrap1ron says:

    Time for another Great Leap Forward and Great Proletarian Cultural Revolution, eh Xi?

    Liked by 2 people

  11. hatterasgal says:

    God bless you Sundance for breaking it ALL down. I’m grateful and proud to be schooled from the Sundance School of Business and Economics!!!!

    Liked by 14 people

    • Ron Jaeger says:

      AMEN to the CTH educational channel !!!! Thanks so much for opening my eyes and educating me. LOL, my wife always says she wished I was around when she debates her liberal highly educated sons/ relatives about Trump/ trade, etc.. I have 2 years of community college retired construction field. When I get on a roll after a few of these articles and reading the related articles such as by Kyle Bass posted by Zippy a person can really make a case for Trump and the wolverines. Sundance’s description for PDJT as an apex real estate predator is so apropos it hurts.

      Liked by 8 people

    • gawntrail says:

      I must chime in too. The explanation of the Main Street and Wall Street Economies and their disparate destinations opened my eyes. The analogy of the trains running separate tracks, and becoming further and further apart made perfect sense. Also the foreshadowing of how the milestones would look and how the ‘normal’ manipulations wouldn’t affect the ‘new’ economy. Brilliant. Very informative and convincing manner of presentation. Unapologetic truth.

      I’ve always suspected Uniparty and the ‘big club’ being real, but, I always thought I was just being conspiratorial. Then, accepting 100% red pilling during the Republican Primaries in ’15-’16…. previously only being 50% (DONK realities). The whole reality was stripped bare for me to see. Our gov’t, made up of those elected and employed, hates me.
      Hates me because my Grandfather taught me that America is a place that earning it matters. Our family lineage is not rich, gifted, lucky, or a charity case. We will have to earn whatever we get. I taught my sons the same. There is no magic in our family name, there is no vast empire to inherit, and we aren’t lucky at picking numbers. We have to work in order to achieve. No offense to anyone, its just how it is for us. 4 generations of Americans on Mom’s side and 7 generations on Dad’s side. Every single one of us standing for the pledge, looking out for neighbors, raising our family right, and, obeying the law. And the gov’t and the people in it hate me. Its just the way it is.

      I thank this site, obviously Sundance, the guest content provider(s), and, equally the commenters (sp?). Such robust knowledge, thoughtful opinion, honest debate, and ageless wisdom found here at CTH. This is my go to read. AoS (Ace of Spades) being a close second. Love the comments section there. Everything else is b-roll and filler.

      Liked by 11 people

  12. Nick The Deplorable says:

    Most of China is desert. They will never be able to grow enough food for 1.5 billion people. Their ban on our agriculture just makes their food costs rise for their people.

    Liked by 4 people

  13. Nom de Blog says:

    I say again, China’s Belt and Road efforts were an indication of structural weakness, not strength. China knows it must have a sphere of influence to impoverish (as the Soviets did with Eastern Europe) or its own system will collapse. Without internal growth it must steal its way to solvency.

    The satellite countries, like North Korea, will provide easy living for the corrupt leaders. Ceaușescu In the past. John Magufuli or whatever leader of the Stans China can corrupt, it won’t take much.

    Liked by 3 people

    • Nom de Blog says:

      If China doesn’t buy American agricultural products, that means the Chinese are buying them elsewhere. And those agricultural goods cannot be bought by some other customer. But those customers must eat something. So they will buy whatever is left: American products. All China is doing is causing a slight price increase due to transaction costs.

      And paying billions in tariffs. And using billions of foreign reserve to manipulate their own currency against a WORLD market: impossible over any length of time!

      Liked by 4 people

    • nuthinmuffin says:

      didn’t they take Ceaușescu, along with his wife, out into the street and execute them by firing squad?

      Liked by 5 people

    • Snow White says:

      You know Ceausescu was executed along with his wicked wife on Christmas Day 1989? He didn’t go anywhere to live easily although he had it easy while he was the dictator.

      Liked by 2 people

  14. Elric VIII says:

    China has obviously overextended itself. It has forged so many trade agreements over the years that take advantage of weak – or bought off – politicians in numerous countries, especially the U.S., that it is unable to survive in a truly competitive environment. My question is: How will this affect China’s debt trap agreements with various countries, especially for control of ports and services? Will this come back to bite them on the behind as well? One belt, one road may indeed be a case of putting all their eggs into one basket. Oops!

    Liked by 2 people

  15. Mncpo(ret) says:

    They’ve known for decades they can’t feed their own people.

    What do you think the debacle that was “one child” was about. The problem was that no other leader on the planet quite faced up to that fact and used it as leverage.

    Finally, we have somebody that looks them in the face and says, deal or revolution by your starving masses.

    Liked by 11 people

  16. chojun says:

    All of this Trump accomplished in roughly 1.5 years ~

    This is partially due to Trump gravitas, and partly due to the massive structural weakness of the Chinese economy.

    Some people have said that globalism is “communism-lite”, and that it found its origins at the demise of the Soviet union.

    Is it any wonder that globalists find themselves stabbed in the heart with this new policy which is so severely affecting the last major communist state on earth?

    Liked by 3 people

    • Dutchman says:

      Nothing “lite” about it, and those who say globalism is “Conmunism-lite” are fools, who don’t understand the nature of conmunism, or globalism.

      But I agree some are trying to sell it that way.

      Liked by 8 people

    • CountryDoc says:

      But as PDJT has said, China is not to blame for globalism. It is our own leaders who have betrayed us, betrayed the constitution, the principles upon which this country was founded, and our Maker who is the author of all Truth

      Liked by 1 person

  17. MicD says:

    Time for all African nations to join the United States of Africa.
    I’m sure POTUS Trump would willing to help…

    Liked by 1 person

  18. nuthinmuffin says:

    remember flappy lips in 2016? “Donald Trump said, ‘Well, I’m going to negotiate a better deal.’ Well, what, how exactly are you going to negotiate that? What magic wand do you have?” Obama on his own was incompetent…he relied on thousands of people to prop him up. All he knew how to do was syphon money from the treasury and distribute it to all of his friends.

    Liked by 19 people

    • Sharon says:

      obama was always playing a role. He never brought anything original to the table so he was ripe for using by whoever the current players were.

      Every position he ever held, every group dynamic he manipulated and used – – – in every case, he was playing a role. Just in order to obtain the next role.

      Liked by 7 people

      • snellvillebob says:

        I agree. Obama was a teleprompter reader of speeches written by committees. Valarie Jarrett was our first female president.

        Like

    • GB Bari says:

      Kudos!
      Your last two sentences are the best and shortest summary of the Kenyan impostor known as Ozero that I have yet read.

      Liked by 2 people

  19. scrap1ron says:

    The price of soybeans and rice just went up.

    Liked by 3 people

  20. alliwantissometruth says:

    As vikingmom touched on, it’s such a shame we’ve had phony “intellectuals” and globalist puppets as President for so long

    Imagine what this country, and the world for that matter, would be like if we would have had real leaders with the pro-America attitude, the business sense and the steel conviction of President Trump these past decades

    President Trump puts the pressure squarely on those who cause all the problems in the world, forcing them to get honest and do the right thing, or sink into the abyss

    Imagine how much bulls*** the world could have avoided if honorable leaders had used the immense power of America for the good of mankind instead of personal profit for themselves and the global elite

    Liked by 21 people

  21. Dutchman says:

    I DO think China watched and learned from the demise of the USSR.

    The lesson they learned (the correct one, I believe) is that the collectivist system is inherently unable to compete, in a FAIR contest, against a capitalist economy.

    So, they cheated. Thru corruption of our government officials, they got a very UNFAIR contest, where ‘our’side wasn’t even competing. They took shortcuts to shift there economy from agrarian to manufacturing, etc.

    Their banking sector is a mess, etc.
    All hoping they could destroy us, before anyone noticed. And, it ALMOST worked.

    Now, they are screwed. No way out, OBOR will collapse, financial system will collapse, loss of will/ability to sustain the illusion of,”One China”,…

    Yeah, they are pretty much screwed.
    Wonder what comes after,….

    Liked by 10 people

    • gawntrail says:

      The former USSR provided that model too.

      Liked by 1 person

      • Dutchman says:

        Agree, but our behavior, greatly contributed to that. Small wonder, it was conmunist embeds in state, neocons and cold warrior a holes, as well as IC.
        Same people screwing things up now.

        Liked by 1 person

        • gawntrail says:

          You’re absolutely correct. The USSR imploded on a timeline so compressed, no fellow traveler help would have even registered. Obviously not seeing it coming was a failure. Also stands to reason that not seeing it coming was the direct result of not really gathering intelligence in the first place. How many years did the IC just watch tv, read clippings, and simply endorse the status quo…..

          The DS goes back well before this century turned. We had too many political considerations in WWII instead of straight wartime strategy. Scholars more informed than me can point to the origins…. I’m thinking Wilson.

          Like

          • Dutchman says:

            Your thinking right. He got it started, turned away from the Constitution.
            Not sure IC wasn’t compromised early on, State obviously WAS,and IS a hotbed of Conmunism. Just cause Mcarthy was a hothead, egomaniac and drunk doesn’t mean he was wrong.
            State dept, Hollywood, Media,…yeah he pretty much nailed it.
            So few really understood what Reagan was doing, although HE did.
            This time, having his effort as an example, its easier to see whats,coming. Many differences, but compare/contrast helps.

            Liked by 3 people

          • Joemama says:

            I’m still waiting for that big “peace dividend” to show up from the collapse of the Soviet Union. What is it 28 years & counting.

            Like

      • deeperinfo says:

        Free Tibet?
        Why did the left abandon Tibet to China?
        Greed $ corrupting business and government “leadership”.

        Like

  22. Sherri Young says:

    What has been sold to us for a few decades as “globalism” may have been Asian imperialism all along.

    Ask Nancy, ChiFi, and Hillary. They should know.

    Liked by 11 people

  23. k4jjj says:

    No country unable to feed its own people could ever rule the world.

    Liked by 6 people

  24. LCPUSA says:

    i wonder how high food prices have to rise before every city in china look like hong kong?

    this might actually be a short war.

    Liked by 5 people

  25. Muthaucker says:

    Purchasing decisions support policy decisions; if true, China just decided to prioritize feeding its people over economic growth, obviously to prevent Hong Kong disease from spreading.

    Liked by 11 people

  26. Graham Pink says:

    I found…checks notes…a way forward for China.
    Famine. A very effective food shortage strategy.

    Liked by 2 people

  27. 335blues says:

    “China’s demand for commodities has underpinned Africa’s growth for 20 years…..”
    How long has America been funding communist china’s rise to power?
    In 1994 President bill clinton de-linked human rights from the annual extension of
    most favored nation status.
    In 1997 bill clinton approved the transfer of tooling and technology from McDonnell-Douglas
    that allowed communst china to build accurate missiles, the same technology they are using today
    to build missiles that are aimed at American interests and ships.
    The build up of communist china under Bill clinton, george w. bush and barack obama
    continued at a pace of about $500 billion per year of transferred wealth, gifted and
    stolen technology, and with the blessings of 3 presidents that believe communism
    isn’t that bad.
    President Donald Trump has stopped the madness in its tracks.
    I would go further in saying the entire free world should join together to
    charge an across the board 25% tariff on all goods from communist china
    with the goals of crashing their economy, and driving the CCP from power.
    If the CCP is allowed to recover, and continue on the path to
    its stated goal of worldwide communism,
    we will never forgive ourselves wasting this chance to drive them from power.
    We should destroy the Imperialism of communist china similarly to what
    we did to the soviet union.

    Liked by 14 people

    • Skippy says:

      What in h_ll was Bill Clinton thinking giving them McDonnell- Douglas tools and technology? The beginning of our national security defense breach voluntarily, further emboldening decades of China’s theft of US IQ property rights. Crazy.

      Liked by 2 people

      • 335blues says:

        Look at bill and hillary clinton’s history and rhetoric over the years.
        Are they not supporters of marxism?
        If I believed in conspiracy theories I might suggest
        they are planted agents to foment marxist ‘transformation’.
        And obama, of course, is part of the plan.
        Who else, of the current democrat presidential candidates fit the mold?

        Liked by 1 person

      • Dutchman says:

        Agree, however. I have drill bits from China, dull or snap with first use, due to poor quality, filler materials. Ditto everything I have ever had, made in China.
        Missiles will probably blow up, fall in ocean, or return to sender.
        Besides, war is,about will and resources, and China ain’t got neither. Bullies bluster, but back down when challenged.

        Liked by 1 person

        • Sherri Young says:

          Bullies go find someone else to pick on.

          Like

        • cthulhu says:

          SIEG mills and lathes are decent hobbyist quality, sold under the Harbor Freight, Grizzly, Micro-Mark, and Little Machine Shop brands. That said, I’m reasonably certain that each of the brands that source there have their own QC.

          The infamous K40 laser cutter has its own set of fans — mind you, their controller board and software is primitive malware-infested garbage with DRM, their documentation reads like a parody of bad Chinese-to-English translation, and they are remarkably deficient in basic safety precautions — but there are American companies that have started out by reworking them into Americanized products before sourcing the components and building from scratch. (*cough* Las Vegas *cough*)

          Similarly, I’ve got a QIDI 3D printer — the precursor to this one https://www.amazon.com/QIDI-TECHNOLOGY-Extruder-Structure-Platform/dp/B01HZ4HY9I/ref=sr_1_5?keywords=qidi&qid=1566191404&s=gateway&sr=8-5 — and it’s a great and cost-effective way of exploring the technology.

          Not EVERYTHING coming out of China is complete crap. If we import 100,000 mini-mills from China which end up in Americans’ garages creating 100,000 amateur machinists, we win big-time. Nobody in their right mind is going to do production on these things, but they are fully functional when it comes to learning skills.

          If an amateur machinist moves up to a Bridgeport mill (now Hardinge, headquartered in Elmira, NY), then starting with a SIEG is a benefit to the US.

          Like

          • Dutchman says:

            Yeah, well I almost laugh at those who express concern over a shooting war with China.

            Its not in the cards, cause doesn’t solve their problem, but beyond that, I question the reliability of their equipment.

            Hobbiest level is not good enough, when bullets are (or are not, as the case may be) flying.

            Add to that, Conmunist systems are inherently corrupt, so all jerry cans empty, cause some seargent offloaded to his cousin to sell, and somebody sold all the spare tires,…

            Add to that last shooting war was Korea, 70 yrs ago?
            So, nobody serving in Chinese military has been under enemy fire.

            Contrast that with best equipped, best trained integrated fighting force on the planet.

            Due to the assymetrical nature of recent actions in ME, even truck drivers, and clerks have seen action.

            The Chinese military has been developed for intimidation, for its neighbor

            Like

          • Dutchman says:

            Damphone! Bullying its neighbors. They can march pretty, and theres a shitepot load of em, but “there is NO amount of Chinese, that can prevent a division of U.S.
            Marines, from going wherever the hell they wanna go!”
            I believe thats the quote.

            Like

      • Dee says:

        The same thing Hillary was thinking in giving Russia our uranium.

        Liked by 1 person

      • gunrunner03 says:

        Bill Clinton always thought with his little head, not his big one. That’s why.

        Like

      • rcogburn says:

        He was thinking about all those sweet, sweet checks from his buddy James Huang. Remember him?

        https://en.m.wikipedia.org/wiki/1996_United_States_campaign_finance_controversy

        Liked by 1 person

    • But we’ve seen this movie before. They are imbedded in every fabric of our nation from pols to talking heads to union workers. They will come back with a bigger better plan unless we take a flamethrower to the whole lot of them.
      Even then, there will be pockets until we eliminate PC, soy boys with masks, black nationalism, La Raza, et al.
      I think we need to start in the schools and on air TV. Undoing the propaganda effect of the last 40 years will take awhile.

      Like

    • But we’ve seen this movie before. They are imbedded in every fabric of our nation from pols to talking heads to union workers. They will come back with a bigger better plan unless we take a flamethrower to the whole lot of them.
      Even then, there will be pockets until we eliminate PC, soy boys with masks, black nationalism, La Raza, et al.
      I think we need to start in the schools and on air TV. Undoing the propaganda effect of the last 40 years will take awhile.

      Like

    • Dutchman says:

      Your right, except I don’t think we NEED rest of the,World. WE are the market China needs, to survive.
      PDJT is just clawing back SOME of the stolen loot, AND jobs, before dealing the death blow.
      ‘We’which is to say HE, can chop Xi in the throat, any time he wants.

      Liked by 1 person

    • Rhoda R says:

      You are saying that this could be this generation’s Ruhr Valley opportunity.

      Like

  28. Mike in a Truck says:

    Let’s see- we got lots of food and debt. Red China needs food and has lots of cash. Gotta be a deal in there somewhere.

    Liked by 2 people

    • neal s says:

      China may not have as much cash as many think they have. But they do hold a lot of US debt. The thought occurred to me, that it might be a good idea to let China know that if they were ever to attack the US, that we might consider that debt cancelled.

      Like

  29. Bill Durham says:

    Hong Kong and North Korea are provinces of China. We cAn not be bothered. We can not let China use either as a negotiating chip. They have zero value to us.

    Liked by 1 person

  30. Nessie509 says:

    What do we get in exchange for our foreign aid largess?
    Not much.
    Why does it matter what a government anywhere in the World thinks of the USA?
    It doesn’t.
    Foreign Policy is formulated by Virtue Signaling.
    Hong Kong voted to be part of China. Part of belonging to s Communist Country is you get killed if you do not comply.

    Liked by 2 people

    • gawntrail says:

      Yep. Whether the vote was gamed or it was authentic, it went full CHICOM. Same as Western Europe choosing Socialistic solutions. They all made their beds.

      We should outline direct and specific concrete Libertine reforms for whoever wants our help. Create a chart that any 3 year old can understand and make it their road map to receive American aid. Measurable benchmarks that turn the spigot off at a moment’s notice. Follow the plan and we freely welcome you to the table. Don’t and you’re not even welcome at the kiddy table or back door.

      Like

    • Joemama says:

      No foreign aid. It only lines the pockets of our politicians, in the form of kickbacks. That’s how they get so rich after a few years.

      Foreign aid buys us nothing but a guaranteed endless supply of grifters in our government.

      Like

  31. I wonder how China’s shift, causing job losses, will affect the political stability (or lack thereof), in Africa.

    Like

  32. Bert Darrell says:

    If Republicans re-gain a majority in the House in November 2020 (and, therefore, the House leadership) the American stock markets can be expected to jump 20 to 25% before year’s end. A strategy must be developed to prevent election fraud!

    Set up an ICE detail by every precinct. Demand voter ID and all counting to be completed and reported by midnight election day (except for military voting overseas).

    Liked by 9 people

  33. Perot Conservative says:

    Very interesting. USMCA key, a lynchpin.

    Haven’t seen Sundance’s reaction yet to the claims of a US manufacturing recession. Over hyped?

    And how do we square that with manufacturing continuing to hire, albeit at a slower pace?

    Temporary blip that will be usurped when companies restock depleted inventories this quarter?

    Like

  34. john edward lorenz says:

    You better believe they shifted their purchases to food. Bad enough if there are layoffs in China, even worse if they are hungry.

    Liked by 3 people

  35. LULU says:

    China has nothing to gain by “smashing Hong Kong”. Its saber-rattling has been intended to get a rise our of President Trump, to somehow leverage him into giving them a better deal on trade and tariffs. He will not bite. What may happen in December, if not sooner, if China keeps on misbehaving re Hong Kong, will be the placement of the same tariffs on Hong Kong.

    Liked by 3 people

    • cthulhu says:

      How well did all that “Muh Russia” BS with personal indignities towards VSGPOTUSDJT’s allies and friends work out for those guys? If China figures they’re going to “get a rise out of” VSGPOTUSDJT and stampede him into some sort of action, they’re going to be just as mistaken.

      Like

  36. mopar2016 says:

    Humpty Dumpty Xi sat on a great wall
    Until PDJT caused his great fall
    All the king’s horses, and his communist friends
    Couldn’t put Humpty Xi together again

    Liked by 1 person

  37. Paul Paulski says:

    Field Report: I know it’s anecdotal, but still…

    I have some houseguests over the weekend. The young man is in the shoe business, and just came back from a business trip from Brazil. I asked what he was doing down there? He replies that he is arranging shoe manufacturing. “Chinese tariffs.”

    Apparently his company is already shifting manufacturing of shoes away from China to Brazil…

    Liked by 2 people

  38. rustybritches says:

    IF Nancy Polosi has stood in the way of the USMCA by talking to the Prime Minister of Canada and he has agreed to stand with her and she is going to stand in the way of the agreement with the UK and US how can these two trade deals be worked out she also went to South America and talked to them about stopping that agreement and now the New President has said that he is not willing to go along with that agreement so is that not going against the United States Gov with out the Permission of the President
    Praying for the President Today , and Thank You Grandma I always appreciate your prayers They always give me the lift that I need at times especially when my chin is dragging on the ground and
    I am trying to figure out how Our President is going to work around all the people trying to take him down Thank God he has US because his circle of friends in Washington is pretty small and some of those people would stab him just as the wind blows in a different direction..

    Liked by 1 person

  39. SW Richmond says:

    By the way, for those who dont understand, this is a demonstration of the power of being the issuer of the global reserve currency. We can survive this better (less badly, actually) than China, because we can print the stuff and China cannot.

    All of that is notwithstanding the obvious fact that by this point its’s all counterfeit scrip anyway, backed by nothing more than taxing power (you) under threat of violence by the ruling power.

    Like

  40. Paul B. says:

    > Countries that attached their economy to purchase agreements with China over the last 20 years became dependent on those exports. As China slows or stops their purchases those dependent economies are now at risk.

    This looks like a golden opportunity for other nations to step up and take up the contracts China is abandoning. There should be no shortage of nations wanting the business, and the African miners will, I’m sure, be eager as well. Trump’s strategy may well leave a generational imprint on China’s economic structure. I doubt Xi is a very happy man these days.

    Liked by 1 person

  41. California Joe says:

    We send China wheat, corn, barley and soy beans to feed 1.5 billion people. China sends us Fentanyl and cheap junk in return. Screw them!!! Let them starve!

    Liked by 4 people

  42. MD says:

    China holds a lot of our debt, needs food, possible way to reduce it???

    Liked by 1 person

  43. CountryDoc says:

    It was said in a post above, “God bless you Sundance for breaking it ALL down. I’m grateful and proud to be schooled from the Sundance School of Business and Economics!!!!”

    Several of you have heard me lament about more action needed. Using the 2nd amendment for armed storming of the government is not a clean option, but exercising free speech is.

    That is our President’s weapon — education. It was Jefferson’s concern. We need to package the truth exposed by Sundance in multiple formats for multiple media: There are many obstacles in MSM and social media, but we can overwhelm and strategize. That is what is working: Twitter, facebook, Strategic disruptive/confrontational statements that cause light to be shone and people to talk, and the deeds of the leftists/uniparty/globalists to be embarrassed.

    Follow the money to the national CoC, Federal Reserve, Bilderbergs, Uniparty, globalists and expose the motives, the subversive actions, the greed, and the consequences to us commoners in the republic.

    That is how we can organize. We must not make the mistakes of the Tea Party. We must expect all the angles they will attack us and be prepared to punch back hard with truth, exposure, law, and civil action.

    Like

  44. ATheoK says:

    “facing a downturn in economic and employment activity while the need to import food remains.”

    That is so sad…
    Chamber of Commerce, USDA reports on farmers, corn and soy beans, (odd how they leave out flour), have been portraying doom for farmers.
    All because of President Trump and his onerous tariffs and that China was not buying foods from America.

    Reality is slowly settling in; China can not purchase corn from Canada and Brazil in quantities to replace America’s crops. Nor can soy beans from Eastern Europe replace America’s soy bean crop.

    Slowly at first, China will be increasing their orders for food crops as the year progresses.
    President Trump understand the trade game far better than they.

    Liked by 1 person

  45. sunnydaze says:

    If China is turning it’s focus away from other things and towards FOOD, China is in really bad shape.

    Much (most?) of the Chinese have seen great progress the past 4 decades, both in their general living conditions and in the amount and quality of food they eat daily. They’re not gonna “sit down and take it” when it comes to going hungry. And the Communist Royalty understands that.

    Sounds like TPTB are shaking in their boots, knowing what’s coming their way if things get bad in that area.

    As an aside, WTH do we let PRC manufacture ANY our Pharmaceuticals, of all things. That is just mind-numbingly stupid.

    Like

    • deeperinfo says:

      They have a variety of options to militarize subversively and drugs is one of them. What if they tariff exports of tight inventory critical drugs?
      Well, manufacturers will be forced to leave, even if they can squeeze some temporary relief. Sundance is artfully explaining how President Trump is artfully wielding power for the benefit of free people. Thanks to both.

      Like

    • Phil Bacon says:

      It appears China is facing a slim harvest. I’ve always wondered why their need to import soy beans when they have so much arable land.

      Their manufacturing centers are high-tech, but when I was there rice stalks were still cut by hand and taken to foot-pedaled threshers.

      Like

  46. Doug Amos says:

    A great grandfather left Ireland during the potato famine and came to North America; unlike his family, he survived and prospered. A very close friend’s family left the Ukraine under similar circumstances; they also did well on the other side of the Atlantic. Sukarno was implored to feed his people. Given its climate and resources, the United States is capable of feeding the entire world; fresh bread can be flown to Africa as quickly as fresh cut flowers can arrive from South America. As usual, President Trump is far ahead of the curve, much to China’s chagrin. Most Chinese families have only 1 child, 66% of whom are males. 1 of the reasons for that was that China could not support any more people.

    Like

  47. Ivehadit says:

    Enmeshment
    Enmeshment is a concept introduced by Salvador Minuchin to describe families where personal boundaries are diffused, sub-systems undifferentiated, and over-concern for others leads to a loss of autonomous development.Wikipedia

    This is where America was dangerously wading until our hero arrived on the scene. The Globalists were creating this with our “world family”. Our VSG President has, once again, exposed this sickness. THANK YOU, PRESIDENT TRUMP! xxxooo

    Like

  48. spinoneone says:

    If I am not gravely mistaken, the number one rule for all totalitarian regimes/dictators is: Maintain power by any means available. If one accepts that as true, the question then becomes: how far will China/Xi/the Communist Party go to hold on to power.

    Like

    • lfdale says:

      Xi and the ChiComms think their ideology and resolve will beat the USA. They are listening to the dimms in America and it will take them down just as the dimms socialist ideology are taking them down. Time for the ChiComms to smeal the coffee and realize they are not playing with a American leader they can manipulate and deceive. They better come to the negotiating table while they still got a country. When we have a leader that believes in the American worker and will protect them we can not lose, and that is exactly what Trump has been doing. KAG 2020

      Liked by 1 person

    • cattastrophe says:

      To spinoneone. If history is any example they will go as far as it takes, no holds barred, after all they did kill millions and millions of their own people to institute communism in the first place.

      Like

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