In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition
If by that you mean China spends decades building out manufacturing capacity and setting up supply chains then sure.
i’m sitting here arguing that china has invested more than zero in setting up external manufacturing, then suddenly you forget what your point is, and emphasize just how much china has invested in setting up external manufacturing
you’re so absolutely rabid to just disagree with anything i say, you’re willing to render the chain of your argument completely incoherent to do it
yes, china spending decades building out supply chains for external manufacturing inherently means they’re less invested in domestic industry, or they wouldn’t spend decades to do it
I’ve literally provided you with the source explaining the context of markets within the Chinese economy and explained why your understanding is superficial.
you’re arguing with china’s interpretation of their own economy by providing a non-mutually exclusive definition
good job
then you’ll see that I’ve addressed your nonsense already
again, combined with the “LMFAO” above this is completely incoherent
maybe work on addressing the argument i’ve spelled out to you multiple times rather than falling back on the tried and true “well your reading comprehension is bad” like we’re 12 year olds arguing in the youtube comments section
if you’re so sure you’ve addressed it, quote it, and i’ll do the reading comprehension for you and explain to you why the thing you quoted isn’t actually addressing anything
China is increasing capacity to supplement the domestic capacity.
being less dependent on a thing automatically makes you less invested in a thing, but this is besides the point
if you spend decades of effort ramping up manufacturing in one location (away), then that’s decades of effort you didn’t spend ramping up manufacturing in another location (at home)
i literally cannot fathom how you’re so furious to be wrong that you’re still arguing contrary to that
I’m arguing that Chinese understand how their economy works better than an ignorant internet troll.
well china say their economy is a market economy, and you say otherwise, so i guess this puts you firmly in the ignorant internet troll camp
This is not a long thread, go back and read it instead of making vapid replies here.
your last three replies haven’t even been making an argument. they’ve just been quibbling over some definitions you’re wrong about, and shooting yourself in the foot by making my case for me.
If I have two apples and I buy a third apple then I’m not less invested in the two apples I already had. Let me know if I need to explain this in simpler term for you.
you just gave me an example that proved my point
if you have two apples, you can afford to lose one of those apples less than if you had three apples. try again.
you also probably wouldn’t spend a decade obtaining an orange if you were only interested in your two apples forever and ever.
you also replied to the bit that i explicitly called out as not relevant, which is hilarious
“if you only have time to go to one shop, then going to the grape shop means you can’t go to the apple shop”
did it get through to you? are you about to reply telling me that any shop that sells grapes would realistically also sell apples or something? that seems in line with the quality of debate you’ve been providing thus far.
Well China doesn’t say that, and linked you an article explaining what China actually says.
literally linked you a source referencing china explaining their own economy
and again, the interpretation you linked to isn’t mutually exclusive with “market economy”
Having more apples doesn’t make your existing apples less valuable.
having a surplus of apples means you value an individual apple less, yes
that’s how the concept of “having things” works
As long as your demand is growing ALL your factories are just as valuable.
so if 20% of your factories are now somewhere else, whereas before it was 0%, then the share of value taken up by domestic factories has decreased, as has the share of demand they’re managing to satisfy by domestic factories
if china completely stops building new factories at home, and in 30 years 90% of their factories are abroad, and 10% are at home, would you say their industrial base had been “hollowed out”, even though the absolute number of factories at home is the same?
If you can’t even understand what the article says then there’s no point having further discussion.
i pointed out that there was no point discussing this further when you said that china was wrong about their own economy, but for some reason you insisted on it
It’s not an economy where the market makes decisions where labor and resources are allocated. The government decides that and the market acts as an allocator within that context.
this is like saying “the government doesn’t decide that; steve from the finance department decides that”, or “the market doesn’t decide that; a distributed network of private investors decides that”
if the government bases their decisions off the market, then the market is the one making those decisions, just like steve is making his decisions based on what he’s been told to do from the government, and just like investors are making their decisions based on what they think the market is telling them to do
you can quibble about how the same market effects will produce different results, but the result is still a market economy
i’m genuinely so excited for your next fruit analogy that accidentally explains why you’re wrong
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i’m sitting here arguing that china has invested more than zero in setting up external manufacturing, then suddenly you forget what your point is, and emphasize just how much china has invested in setting up external manufacturing
you’re so absolutely rabid to just disagree with anything i say, you’re willing to render the chain of your argument completely incoherent to do it
yes, china spending decades building out supply chains for external manufacturing inherently means they’re less invested in domestic industry, or they wouldn’t spend decades to do it
you’re arguing with china’s interpretation of their own economy by providing a non-mutually exclusive definition
good job
again, combined with the “LMFAO” above this is completely incoherent
maybe work on addressing the argument i’ve spelled out to you multiple times rather than falling back on the tried and true “well your reading comprehension is bad” like we’re 12 year olds arguing in the youtube comments section
if you’re so sure you’ve addressed it, quote it, and i’ll do the reading comprehension for you and explain to you why the thing you quoted isn’t actually addressing anything
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being less dependent on a thing automatically makes you less invested in a thing, but this is besides the point
if you spend decades of effort ramping up manufacturing in one location (away), then that’s decades of effort you didn’t spend ramping up manufacturing in another location (at home)
i literally cannot fathom how you’re so furious to be wrong that you’re still arguing contrary to that
well china say their economy is a market economy, and you say otherwise, so i guess this puts you firmly in the ignorant internet troll camp
your last three replies haven’t even been making an argument. they’ve just been quibbling over some definitions you’re wrong about, and shooting yourself in the foot by making my case for me.
what are you even doing here?
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you just gave me an example that proved my point
if you have two apples, you can afford to lose one of those apples less than if you had three apples. try again.
you also probably wouldn’t spend a decade obtaining an orange if you were only interested in your two apples forever and ever.
you also replied to the bit that i explicitly called out as not relevant, which is hilarious
“if you only have time to go to one shop, then going to the grape shop means you can’t go to the apple shop”
did it get through to you? are you about to reply telling me that any shop that sells grapes would realistically also sell apples or something? that seems in line with the quality of debate you’ve been providing thus far.
literally linked you a source referencing china explaining their own economy
and again, the interpretation you linked to isn’t mutually exclusive with “market economy”
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having a surplus of apples means you value an individual apple less, yes
that’s how the concept of “having things” works
so if 20% of your factories are now somewhere else, whereas before it was 0%, then the share of value taken up by domestic factories has decreased, as has the share of demand they’re managing to satisfy by domestic factories
if china completely stops building new factories at home, and in 30 years 90% of their factories are abroad, and 10% are at home, would you say their industrial base had been “hollowed out”, even though the absolute number of factories at home is the same?
i pointed out that there was no point discussing this further when you said that china was wrong about their own economy, but for some reason you insisted on it
this is like saying “the government doesn’t decide that; steve from the finance department decides that”, or “the market doesn’t decide that; a distributed network of private investors decides that”
if the government bases their decisions off the market, then the market is the one making those decisions, just like steve is making his decisions based on what he’s been told to do from the government, and just like investors are making their decisions based on what they think the market is telling them to do
you can quibble about how the same market effects will produce different results, but the result is still a market economy
i’m genuinely so excited for your next fruit analogy that accidentally explains why you’re wrong
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