China Hardens Military Stance Against U.S. With Nuclear Weapons and Tough Talk \ stacker news ~econ

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China Hardens Military Stance Against U.S. With Nuclear Weapons and Tough Talk www.wsj.com/world/china/china-hardens-military-stance-against-u-s-with-nuclear-weapons-and-tough-talk-eca2ae89?mod=djem10point

68 sats \ 4 comments \ @Solomonsatoshi 4h econ

China has won the trade war and now positions militarily to challenge US hegemony. The wealth of nations is highly related to their ability to project power. Thinks free markets are the be all and end all of wealth creation is simply dangerously naive.

WSJ-

'Xi positions Beijing as powerful center of new global order as security forum convenes in capital. BEIJING—China played down its rapidly rising military might for years. In the past few weeks, Beijing has broadcast a steady drumbeat of firepower displays and muscular rhetoric, carrying an unmistakable warning for the U.S.

It began on Sept. 3, when Chinese leader Xi Jinping brandished his country’s full nuclear triad—the means to deliver nuclear weapons by land, sea and air—together for the first time at an extravagant parade of military hardware and personnel.

Defense Minister Dong Jun followed up six days later with a warning to U.S. Defense Secretary Pete Hegseth that “acts of containment or deterrence against China will not succeed,” according to a Chinese account of a video call between the two men.

Then, on Friday, China’s navy went to the effort of announcing that its newest aircraft carrier, the Fujian, had sailed through the waters between China and Taiwan, the self-ruled island that Beijing claims as its own and has threatened to seize by force. The Fujian was on its way to the South China Sea, where Beijing has aggressively sought to enforce disputed territorial claims, risking conflict with the Philippines, a U.S. ally.

China’s military advancements were again in the spotlight this week at an international security conference in Beijing—where officials convened representatives from more than 100 countries to press their vision for a new international system in which China gets more say. '

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0 sats \ 3 replies \ @OT 3h

You seem to be quite the China bull. Just wondering if you have an answer as to why the wealthy and the talented continue to leave China?

0 sats \ 2 replies \ @Solomonsatoshi OP 3h

China bull? Just dealing with reality- are you?

Do they? Do you have evidence that emigration from China is higher than other similar countries? Certainly the average income on China is still lower than most western nations but pay rates in nearly all sectors of China are rising far more quickly than in the west.

With Chinas undeniable economic development it is natural and unavoidable that a lot of Chinese do move to work in other countries as opportunities expand but a lot of that is part of Chinas expanding importance in the global economy.

A lot of Chinese also travel abroad to work and train and gain skills as do people from most developed economies- this is normal and advantageous to those with the aptitude and wealth to do this and ultimately benefits both individuals and economies of China and other nations. Look at the engineering and scientific faculties of many western universities and many of the faces are now Chinese. Chinese value skills and wealth accumulation just like all people do- perhaps more so! A lot of Chinas economic growth is based upon gaining scientific and commercial expertise from global sources and experience.

There are far more millionaires and billionaires created every day in China than in the US.

I am curious why so many Libertarians struggle to understand that the Chinese economy is growing at a rate far exceeding the US. Is it because you have an irrational belief that a pure free market generates superior wealth than a mixed economy?

Even though the US economy is far from a free market and is now imposing unprecedented levels of trade obstruction across the board on trading partners. US wealth is hugely reliant upon its exceptional privilege of being the reserve currency issuer but that privilege looks increasingly fragile as demand for USTs declines rapidly.

Do you struggle with accepting that the US is losing its global dominance and the wealth and power that derived from that?

0 sats \ 1 reply \ @OT 3h

#1032629

Have you ever been to China? I lived in China for 15 years so I think I have more of an insight than westerners following the China news. The main one is that reporting often augments the image of what's actually happening.

BTW, I don't know how this all plays out, I'm just watching it from the sidelines. I just find it interesting how you keep repeating that China has won. I wouldn't be too confident if I were you.

10 sats \ 0 replies \ @Solomonsatoshi OP 1h

It is clear that China has won the trade war- it is already dominant in global trade and supply chains as Trump has realised belatedly how dependent the US is on Chinese supply chains- the Chinese can and are calling the shots- if Trump wants the rare earths essential to US military and manufacturing. China has enjoyed incredible economic growth and is now challenging US hegemony.

Stating these facts seems to get a lot of people very defensive...but I do not see how it is untrue or exaggerated as many more informed authorities than me are now also saying much the same thing. The previous US ambassador to the US for example. #1224678 And the above article this post is based on that reports Chinas growing military power and confidence. Have you read that article? Or the one about Ambassador Burns and his concerns?

Would be interesting to hear what facts, opinions and judgements you have based on the 15 years you claim to have lived in China but am also more concerned with credible and verifiable news sources than anecdotes and unverifiable, unsourced opinions.

Naturally this whole topic is very difficult for Libertarians and US exceptionalists who struggle to even believe China and the CCP could be a real threat to the extraordinary privilege and wealth that the US has come to expect and depend upon. Because it highlights US hypocrisy and imperialism and because it shatters many of the myths and delusions that have grown up around the US and its wealth, power and privilege.

I am personally no more in favour of Chinese hegemony than US hegemony ~ having lived mostly in the west and its culture I am more comfortable in western culture than Chinese, but rather believe that all manifestations of power tend to corrupt and absolute power, even more so.

I also believe, given the almost universal denial of these issues by participants on Stacker News that there is a significant amount of denial around this issue and that denial in term is a real threat to the security of the west. Its like people cannot see whats happening and these reports I have highlighted from well informed experts including the two linked above reinforce this apprehension.

Please feel free to respond and assuage my concerns for the security of western civilisation with something more credible than off hand flippant denial that there is a problem when the quoted sources above say there is a very real and imminent danger!

BTW Your graph showing millionaire migration shows most leave from the US, followed by China- China today daily produces more millionaires than the US yet still a lot more flee the US- probably due to the increasing instability in the US and taxes...and the attractive allure of places like the UAE with their low taxes.