China's trade surplus reached 1 trillion USD:
https://www.nytimes.com/2025/01/12/business/china-trade-surplus.html
This means China's exports are booming and currently China is the largest trade power in the world and continuing to grow at a rapid rate far faster than the US, EU, or India.
China is taking over the South China Sea successfully:
https://telanganatoday.com/china-pushing-us-to-the-wall-in-south-china-sea-philippines
The Chinese have continued to dunk over the Philippines and take over seas claimed by them. The Chinese ships keep getting bigger in the region and other than the invasion of Taiwan plan, every other Chinese plan so far has succeeded in the South China Sea expansion.
China leads in the global energy sector:
https://www.weforum.org/stories/2025/01/china-driving-advanced-energy-solutions-deployments/
They have the most investments in future energy technologies and their current deployment at scale. Even the US, EU, and India are left behind in the dust compared to them as China arrives at their goals years in advance.
China has world's first sixth generation fighter jet:
This makes Chinese military tech on par with or even beyond the Americans today. China has pretty much caught up to the technological might of the most powerful military in the world.
China embraces humanoid robots and their production skyrockets:
https://www.newsweek.com/humanoid-robots-being-mass-produced-china-2004049
China has accepted the future and is mass producing humanoid robots at prices that are affordable to the middle class across the developed world and the upper middle class across the developing world. China is building the future at reasonable prices.
Battery cell prices in China plunge:
China continues to lead in building an affordable future at rates of development faster than any western economy in the world.
Chinese new tech achieves unprecedented Rare Earth material production speed:
The Chinese are even better at mining than the American or European. That makes China the leader in multiple diverse fields of production.
China vehicle exports rise 22.8%:
https://www.reuters.com/world/china/chinas-vehicle-exports-rise-228-2024-2025-01-13/
China is leading in vehicle exports growth. Vehicles are a mid to high tier technology signifying that China has claimed and won over the upper mid level tech chain and is now beginning expansion into the cutting edge tech chain.
Conclusion:
Chinese are leading in tech and are going to surpass American tech in all fields within a decade making them the leaders in global tech. China's economy is also growing faster than the economy of the US and Europe. China's exports are higher than the total exports of the US, Europe, and India. China is leading in the future of global energy production and supply. China is leading in the vehicle industry. China is leading in mining tech.
Based on all this information we can conclude that China is going to surpass the US economy in nominal terms within the next few decades and even surpass the US in per capita income by the time they reach their peak.
China's economy is going to grow 5x at least before it peaks and its per capita income is going to grow 10x at least before it peaks.
China is the future. Europe lost and is never going to be number one. The US is on its way to becoming number 2, the brain rot of the American people is getting worse not better. Drugs should have stayed banned.
.webp?h=10 "Nuzzles, pounces on you, UwU, you're so warm!..")
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"Trade surplus" is such a fricking meme. If you ever find yourself in a situation where your opponent is happy to exchange real products for magic slips of paper that you issue, and you control the value of, you do that trade all day every day and twice on Sunday.
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maybe you're confusing china's buying of US government bonds with china's trade surplus.
trade surplus means other countries need the stuff you make more than you need the stuff they make. they don't give you their money because their money is worthless, they'd rather spend it on something else.
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Mercantilism was abandoned centuries ago for a reason - it's fricking r-slurred. Trade is mutually beneficial, not a zero-sum game with a winner and loser.
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what religion is this?
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That's right: The US/the West are getting real stuff they want/need and the Chinese are getting dollar-denominated currency. AFAIK most credible economists think this is a great deal.
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We've also as a result had pretty severe real asset price inflation, which is limiting economic mobility and introduces fragility into our supply chains as COVID showed. It's probably better that we pay more for clothes and luxury goods and have housing be more affordable otherwise we're in for a pretty shitty century
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Can't disagree with that. There's something to be said for localism. The US would do well to focus on quality essentials (housing, education, childcare, healthcare, especially, but also good food and long lasting, well made clothes, etc) instead of buying so much cheap Shein shit.
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This is literally 1600 spanish thinking about silver and gold. Actually over for america.
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You're almost there: Now imagine if the Spanish had bought steam engines and Alaska with pretty shiny metal.
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Only work produce value, letting people get distracted into optimising quants instead of the new iphone is why america is fricked.
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did you know that you can exchange USD for other currencies? plus, you can use money to buy stuff.
you find that a convincing argument?
sounds like someone's confusing the USD's global reserve currency status with the US' trade balance.
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The USD's unique position as a global reserve currency is part of what makes it feasible for the US to run deficits that other countries couldn't get away with.
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sure. generally a trade surplus is better than a trade deficit, but if you happen to control the world reserve currency and you also happen to be the only remaining geopolitical superpower, things are different, (at least for a certain amount of time)
but neither of those things apply to china, a trade surplus helps china become more powerful and prosperous.
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@Salvadore_Ally stand with Israel, Jewish claws made @Salvadore_Ally type this.
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