Should the US regret the imbalance of trade deficits which has empowered China to buy so much property outside of China?

2016-02-19T23:01:58-05:00

Response by LTC Private RallyPoint Member made Feb 19 at 2016 11:04 PM

2016-02-19T23:04:03-05:00

and if we buy less, they devalue their currency..so it does not matter though Walmart and most auto parts stores have some inferior junk made in China.

Response by CPL Randy Bautista made Feb 19 at 2016 11:09 PM

2016-02-19T23:09:38-05:00

Well this question is better set for a business stand point. Since China is producing a lot. You will find we are primarily leading in services not production. That's just the tip of the answer anyway

Response by CPT Jack Durish made Feb 19 at 2016 11:20 PM

2016-02-19T23:20:25-05:00

Here we go again. A few decades ago we suffered the same sort of imbalance with Japan. People worried they were buying America. We then began buying it back at bargain prices when their economy weakened. Thus a lot of dollars returned home

Response by SSG Private RallyPoint Member made Feb 19 at 2016 11:29 PM

2016-02-19T23:29:05-05:00

We should regret our greed. The exporting of American jobs because we could eek out a little more profit if the item was made in China. We should regret regret replacing scores of small businesses with bog box stores. Seems silly to regret what China chooses to do with the wealth we give them.

Response by Capt Seid Waddell made Feb 20 at 2016 2:28 AM

2016-02-20T02:28:38-05:00

Sustained trade imbalance with China will inevitably strengthen China and weaken the U.S.

Response by 1LT Aaron Barr made Feb 20 at 2016 7:36 AM

2016-02-20T07:36:29-05:00

We obviously don't regret it, however much we say we do, because we've been buying Chinese goods for decades. If we really wanted to fix the trade imbalance, we'd reduce our corporate income, capital gains and dividend tax rates, reform our counterproductive regulatory system so that it doesn't cost our economy nearly $2 TRILLION in wasted compliance costs, adopt a 'loser pays' civil tort system like the rest of the world and make ourselves more competitive.

One last thing; if Chinese people are investing here rather than in China, what does that say about their views of their own economy and ours?

Response by MCPO Roger Collins made Feb 20 at 2016 10:19 AM

2016-02-20T10:19:15-05:00

China's GDP is about $10T, ours is about $17T. Considering the size of the population and a problematic economy, we remain the powerhouse. The issue is how the money is spent.

Response by CAPT Kevin B. made Feb 20 at 2016 12:07 PM

2016-02-20T12:07:01-05:00

China is executing their plan to usurp the US from its perch. Problem is they're asking a Chevy Vega to do it. So far their economy and accumulation of environmental problems are showing the current burn rate can't be sustained. So their crash and burns will be pretty large. Problem with that is with the global market interdependence, they'll drag a lot down with them.

Response by PO3 Private RallyPoint Member made Feb 22 at 2016 7:19 AM

2016-02-22T07:19:11-05:00

as long as the free market is not control. China will eventually lose all those property ... :)

Response by Sgt Kelli Mays made Feb 22 at 2016 1:26 PM

2016-02-22T13:26:29-05:00

Regret? mmhhhh?China has been buying up property in the US like there's no tomorrow. We've been buy cheaply/badly made products from China for years. It's all a big game...if we stop buying, then they retaliate by??? many means... If we do something, they do something...it's a catch 22....is there really a solution? Don't see that there is anything to regret...seems like we are all playing a role.