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China Accounts for Nearly Half of World's New Money Supply

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  • China Accounts for Nearly Half of World's New Money Supply

    http://www.wantchinatimes.com/news-s...00046&cid=1102

  • #2
    Re: China Accounts for Nearly Half of World's New Money Supply

    This might be more credible if the publication wasn't an arm of the Taiwan government.

    Equally the numbers quoted are very fuzzy - how much of China's "printing" is due to sterilizing trade surpluses from Europe and the US?

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    • #3
      Re: China Accounts for Nearly Half of World's New Money Supply

      Originally posted by c1ue View Post
      This might be more credible if the publication wasn't an arm of the Taiwan government.

      Equally the numbers quoted are very fuzzy - how much of China's "printing" is due to sterilizing trade surpluses from Europe and the US?


      Taiwan is on China's side as far as the economy is concerned. Taiwanese businessmen own the biggest non-state companies operating in China.

      There's no reason why a Taiwanese newspaper will want to alienate their advertisers. Anyway, the fact that China prints a great deal of cash is not surprising, given the 30x annual income home prices.

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      • #4
        Re: China Accounts for Nearly Half of World's New Money Supply

        Originally posted by touchring
        Taiwan is on China's side as far as the economy is concerned. Taiwanese businessmen own the biggest non-state companies operating in China.

        There's no reason why a Taiwanese newspaper will want to alienate their advertisers. Anyway, the fact that China prints a great deal of cash is not surprising, given the 30x annual income home prices.
        Really? So why the fuss over reunification?

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        • #5
          Re: China Accounts for Nearly Half of World's New Money Supply

          Originally posted by c1ue View Post
          Really? So why the fuss over reunification?
          When one is a politician, isn't it better to be a big fish in a small pond?

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          • #6
            Re: China Accounts for Nearly Half of World's New Money Supply

            Originally posted by c1ue View Post
            Really? So why the fuss over reunification?

            Reunification? Many small PRC businessmen are having a hard time bullied by local officials involved in businesses. The Taiwanese in comparison are better off in this respect. If there's reunification, the advantage will be gone.

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            • #7
              Re: China Accounts for Nearly Half of World's New Money Supply

              Originally posted by GRG55 View Post
              When one is a politician, isn't it better to be a big fish in a small pond?

              Of course, take the example of Singapore. The title of wealthiest politicians goes to them.

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              • #8
                Re: China Accounts for Nearly Half of World's New Money Supply

                Originally posted by GRG55
                When one is a politician, isn't it better to be a big fish in a small pond?
                Oh, I fully agree. Hence my comment on why touchring seems to think what some businessmen in Taiwan prefer, matters.

                Originally posted by touchring
                Reunification? Many small PRC businessmen are having a hard time bullied by local officials involved in businesses. The Taiwanese in comparison are better off in this respect. If there's reunification, the advantage will be gone.
                How amusing - you seem to be implying that mainland Chinese businessmen are discriminated against vs. their Taiwanese counterparts.

                I think it is far more likely that the Taiwanese who do business in China are much higher up the food chain, and thus can 'smooth' their way better ... much as the wealthier mainland Chinese businessmen - or American banksters - can.

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                • #9
                  Re: China Accounts for Nearly Half of World's New Money Supply

                  Originally posted by c1ue View Post
                  Oh, I fully agree. Hence my comment on why touchring seems to think what some businessmen in Taiwan prefer, matters.



                  How amusing - you seem to be implying that mainland Chinese businessmen are discriminated against vs. their Taiwanese counterparts.

                  I think it is far more likely that the Taiwanese who do business in China are much higher up the food chain, and thus can 'smooth' their way better ... much as the wealthier mainland Chinese businessmen - or American banksters - can.

                  Of cos, they will lose that advantage if Taiwan becomes part of China.

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                  • #10
                    Re: China Accounts for Nearly Half of World's New Money Supply

                    Originally posted by touchring
                    Of cos, they will lose that advantage if Taiwan becomes part of China.
                    Not if their advantage is simply a function of their wealth. If it is, then it really doesn't matter what the official country that issues their passports is.

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