US, China differ on coup

The world's two superpowers took different positions on the appointment of Surayud Chulanont as Thailand's prime minister, with the United States stressing its concerns about the curbing of civil liberties and the lengthy timetable for an election and imposing immediate sanctions, while China welcomed the announcement with "warm congratulations and best wishes".
The Nation Forward Teepee

This erroneous concept that Americans cling to, that of being the "leader of the free world", is it at long last consigned to the "trash can" of history. Torture and shoot my entire extended family if I am wrong, but who exactly is following? Even the British have at last thrown in the towelette. Oh yes, what about Australia you may ask? Australia, Australia the free world?

Now I am sure China will be more than happy to and rather snappily at that, lift the burden off poor beleaguered Thailand's shoulders and fill in any short fall they might be suffering as a result of America's equally snappily imposed sanctions. As we can see, China is hardly sending letters of condolence.
The world is changing, and as usual America is unable to comprehend, it is still issuing ultimatums to the rest of the world, like a mad man who has lost his power but refuses to believe.

China's GDP = California's GDP. A superpower it's not (although a legend in its own lunchtime)

Witness France making deals with Iran on uranium enrichment? Where is "Puss" now?

What trash Homintern there is no such thing as a gross domestic product of California.

[cottmann]

China's GDP = California's GDP. A superpower it's not (although a legend in its own lunchtime)

The CIA World Factbook puts China's GDP (PPP) at $8.859 trillion (2005 est.). It puts the entire USA GDP (PPP) at $12.36 trillion (2005 est.). Wikipedia puts California's gross state product at, according to the California Department of Finance, $1.543 trillion ("accelerated estimates for 2004 were completed and released in June 2005"). For comparison, the CIA World Factbook puts the EU'S GDP (PPP) at　$12.18 trillion (2005 est.).

What trash Homintern there is no such thing as a gross domestic product of California.Indeed - it's known as the "Gross State Product" but it means the same thing
http://www.labor.ca.gov/panel/espedsgp.htm
http://countingcalifornia.cdlib.org/matrix/c79.html
http://bea.gov/bea/newsrel/gspnewsrelease.htm
http://en.wikipedia.org/wiki/Economy_of_California

although the reliability of Chinese statistics is widely question (just Google "china statistics reliability")

do the "math".

and China's GDP may= California's GDP..that is today...tomorrow is another thing and considering what they have created since Mao took over and considering how the US is plummeting into God only knows where under GWB...

As usual the West underestimates Asian intelligence with it's racist superiority thinking and pronouncements. Now caught up in a hopeless quagmire of trying to control the Middle East it is desperately calling upon "Old Europe" ( remember that great Rumsfield insult ?) for aid and it has completely ignored what it should have always done..forged an alliance with Russia.

but will anyone listen to me ? :geek:

:geek:probably

[Aunty]

Well not if you keep posting twice dear. Signs of Alzheimer's?

Yes, tomorrow ... that's what all, absolutely every single one of my business pals who are engaged in China talk about. "Are you making profits like you do back home?" I playfully ask them. From every single one, no exceptions, I get the standard "China" answers: "We're there for the long term", "China's different", "You can't apply the same metrics to China as back home" ... the variations are endless, the message is the same. Tomorrow, tomorrow, the sun comes out tomorrow - can we all sing along? - http://www.last.fm/music/Jonas+Lindgren ... t+Tomorrow (http://www.last.fm/music/Jonas+Lindgren/_/The+Sun+Comes+Out+Tomorrow)

I am personally investing in China and I think in the 10 to 20 year time frame, it has incredible potential.

[Aunty]

I think anyone wishing to do business in/with China would do well to read the following study on China's not too distant past when she went through a similar period of explosive expansion and modernisation. Reading up on China's Rail bonds issued from around the 1910's - 1930's and what happened to them should aslo be required reading.

fic.wharton.upenn.edu/fic/papers/01/0130.pdf#search=%22shanghai%20rail%20bonds%201930% 22 (http://fic.wharton.upenn.edu/fic/papers/01/0130.pdf#search=%22shanghai%20rail%20bonds%201930% 22)

Here's a copy of the paper's abstarct.


China began to borrow in the world capital markets in the late 19th century, issuing
bonds to pay for defense as well as for large-scale economic development.
Particularly interesting is the role that the clash between domestic and international
investors played in ChinaтАЩs 1911 revolution. The protection of external investor
rights was perceived at the time as an infringement on Chinese sovereignty. In this
paper we interpret the conflict over foreign investor rights in terms of a
disequilibrium in the development of financial markets. EuropeтАЩs high level of
investor diversification put her investors at a relative advantage in bidding for
development projects in China, while European investor expectations about
protection from expropriation and default, lowered Chinese cost of capital, but also
led to erosion of national sovereignty and a dramatic, grassroots political backlash.
Despite fundamental differences between China today and China 100 years ago it
is still important to consider the dangers of an imbalance between domestic and
international investor markets, and the mismatch between domestic and foreign
expectations about investor protection. The lessons of the last century suggest that
China today should consider opening Chinese investor access to foreign capital
markets in order to equilibrate the level of diversification between foreign and
domestic investors. In addition, protection of domestic corporate investor rights is
at least as important as protecting foreign investor rights.

Some of us learn from the past, others are either ignorant of the past or refuse to learn (Cedric, dear?).

What do Goetzmann and Ukhov from the Pennsylvanian University know, I hope they weren't awarded a doctorate on the back of this load a buffalo kaka? My money in the trade war, is on China, to thrash the living daylights outta the Americans any-day, anyone notice their deficit figures, Gboy?

[Brad the Impala]

I am personally investing in China and I think in the 10 to 20 year time frame, it has incredible potential.


The Chinese will be relieved.

I am personally investing in China and I think in the 10 to 20 year time frame, it has incredible potential.


The Chinese will be relieved.
I don't care what they think.
Just trying to make a buck so I never have to actually work again.

[wowpow]

GDP - PPP Probably the most accurate measurement of economic activity per country

#1 United States $11,628,083,000,000.00
#2 China $7,123,712,000,000.00
#3 Japan $3,774,086,000,000.00
#4 India $3,362,960,000,000.00
#5 Germany $2,325,828,000,000.00
#6 United Kingdom $1,832,252,000,000.00
#7 France $1,744,352,000,000.00
#8 Italy $1,621,372,000,000.00
#9 Brazil $1,482,859,000,000.00
#10 Russia $1,408,603,000,000.00
#11 Spain $1,046,249,000,000.00
#12 Mexico $1,014,514,000,000.00
#13 Canada $993,079,000,000.00
#14 Korea, South $980,694,000,000.00
#15 Indonesia $779,719,000,000.00
#16 Australia $605,942,000,000.00
#17 Turkey $552,990,000,000.00
#18 Netherlands $520,918,000,000.00
#19 Thailand $510,268,000,000.00
#20 South Africa $510,102,000,000.00

http://www.nationmaster.com/graph/eco_g ... p-ppp#rest (http://www.nationmaster.com/graph/eco_gdp_ppp-economy-gdp-ppp#rest)

[wowpow]

#1 Luxembourg $66,463.78 per capita
#2 Norway $54,467.23 per capita
#3 Switzerland $47,999.07 per capita
#4 Ireland $45,707.17 per capita
#5 Denmark $44,742.82 per capita
#6 Iceland $41,720.45 per capita
#7 United States $39,452.74 per capita
#8 Sweden $38,480.78 per capita
#9 Japan $36,285.57 per capita
#10 Finland $35,726.02 per capita
#11 Austria $35,443.98 per capita
#12 United Kingdom $35,421.29 per capita
#13 Netherlands $35,183.76 per capita
#14 Belgium $33,754.34 per capita
#15 France $33,015.40 per capita
#16 Germany $32,929.58 per capita
#17 Australia $31,421.40 per capita
#18 San Marino $30,470.91 per capita
#19 Canada $29,866.30 per capita
#20 Italy $28,781.68 per capita
#21 United Arab Emirates $27,686.31 per capita
#22 Aruba $26,199.59 per capita
#23 New Zealand $24,705.58 per capita

#87 Thailand $2,547.14 per capita

#25 Singapore $24,134.21 per capita
#63 Malaysia $4,916.96 per capita
#144 Vietnam $541.20 per capita
#158 Laos $387.97 per capita
#162 Cambodia $337.12 per capita

There's a new book on political economics just out called The J Curve: a new way to understand why nations rise and fall. The central argument is the more open the society, the more prosperous it will be and the more able to stand economic and political shocks. Doubtless Young Master Cedric will read a single disparaging review of it somewhere and without realising the reviewer has an axe to grind assert that the book is completely discredited (his current style). The adults amongst us will read the book itself and make up our own minds - http://www.amazon.com/Curve-Understand- ... F8&s=books (http://www.amazon.com/Curve-Understand-Nations-Rise-Fall/dp/0743274717/sr=1-1/qid=1160141808/ref=pd_bbs_1/104-1450601-2980714?ie=UTF8&s=books)

One inevitable conclusion is that China is in for a shocking future in the near term

... via its Asia correspondent is here: http://www.ft.com/cms/s/86c1098c-53ce-1 ... e2340.html (http://www.ft.com/cms/s/86c1098c-53ce-11db-8a2a-0000779e2340.html)

Who says China is a "superpower"???

U S A
We're number one!

(as long as China keeps buying our bonds)

Who says China is a "superpower"???

U S A
We're number one!

(as long as China keeps buying our bonds)
One in what exactly?