As the stupid U.S leaderships for decades have tried to rule the world by force and created more enemies over those years, China has won by economic and investing. The US policies only enrich the military industrial complex and the elite. The US policies have failed the US people.
This article, though aimed
at a U.S. audience, gives a scary
insight into
China's growing economic
power.
In future
China will employ millions of
American workers and dominate
thousands of small communities
all over the United
States.
Chinese acquisition of
U.S. Businesses set a new all-time record
The Smithfield Foods acquisition
is an example. Smithfield Foods is the
largest pork producer and
processor in the world.
It has facilities in 26
U.S. States and it employs tens of thousands of
Americans.
It directly owns 460 farms
and has contracts with approximately 2,100
others.
But now a Chinese company
has bought it for $ 4.7 billion, and that means
that the Chinese will now be the
most important employer in dozens of rural
communities all over
America.
Thanks in part to our
massively bloated trade deficit with China,
the
Chinese have trillions of dollars
to spend.
They are only just
starting to exercise their economic muscle.
It is important to keep in
mind that there is often not much of a
difference between "the Chinese
government" and "Chinese corporations".
In 2011, 43 per cent of
all profits in China were produced by
companies
where the Chinese government had
a controlling interest in.
Last year a Chinese company spent
$2.6 billion to purchase AMC entertainment
- one of the largest movie
theater chains in the United
States.
Now that Chinese company
controls more movie ticket sales than anyone
else
in the
world.
But China is not
just relying on acquisitions to expand its economic
power.
"Economic beachheads" are
being established all over America.
For example, Golden Dragon
Precise Copper Tube Group, Inc. recently broke
ground on a $100 million plant in
Thomasville, Alabama.
Many of the residents of
Thomasville, Alabama will be glad to have jobs,
but
it will also become yet another
community that will now be heavily dependent
on communist China.
And guess where else
Chinese companies are putting down roots?
Detroit. Chinese-owned companies are investing
in American businesses and
new vehicle technology, selling
everything from seat belts to shock
absorbers in retail stores, and
hiring experienced engineers and designers
in an effort to soak up the
talent and expertise of domestic automakers
and
their
suppliers.
If you recently purchased
an "American-made" vehicle, there is a really
good chance that it has a number
of Chinese parts in it.
Industry analysts are
hard-pressed to put a number on the Chinese
suppliers operating in the
United
States.
China seems
particularly interested in acquiring energy resources in
the
United
States.
For example, China is
actually mining for coal in the mountains of
Tennessee.
Guizhou Gouchuang Energy
Holdings Group spent $616 million dollars to
acquire Triple H Coal Co. in
Jacksboro, Tennessee.
At the time, that acquisition
really didn't make much news, but now a group
of conservatives in Tennessee is trying
to stop the Chinese from blowing up
their mountains and taking their
coal.
And pretty soon
China may want to build
entire cities in the United
States
just like they have been doing in
other countries.
Right now
China is actually
building a city larger than Manhattan just
outside Minsk, the capital of Belarus.
Are you starting to get the
picture? China is on the rise. If you
doubt
this, just read the
following:
When you total up all
imports and exports, China is now the number
one
trading nation on the entire
planet.
Overall, the
U.S. has run a trade
deficit with China over the
past
decade that comes to more than
2.3 trillion dollars.
China has
more foreign currency reserves than anyone else on the
planet.
China now
has the largest new car market in the entire
world.
China now
produces more than twice as many automobiles as the
United
States
does.
After being bailed out
by U.S. taxpayers, GM is involved in
11 joint
ventures with Chinese
companies.
China is the
number one gold producer in the world.
The uniforms for the
U.S. Olympic team were
made in China.
85% of all artificial
Christmas trees the world over are made in China.
The new WorldTradeCenter tower in New York is going to include
glass
imported from China.
China now consumes more energy than the
United
States does.
China is now
in aggregate the leading manufacturer of goods in the
entire
world.
China uses
more cement than the rest of the world
combined.
China is now
the number one producer of wind and solar power on
the
entire
globe.
China
produces 3 times as much coal and 11 times as much steel as
the
United
States does.
China
produces more than 90 percent of the global supply of rare
earth
elements.
China is now
the number one supplier of components that are critical
to
the operation of any national
defense system.
In published scientific
research articles China is expected to
become
number one in the world very
shortly.
And what we have seen so far may
just be the tip of the iceberg.
For now, I will just leave you
with one piece of advice - learn to speak
Chinese.
You are going to need
it!
Thank you so much for sharing this amazing post with us!
Have you heard about Partiko? It’s a really convenient mobile app for Steem! With Partiko, you can easily see what’s going on in the Steem community, make posts and comments (no beneficiary cut forever!), and always stayed connected with your followers via push notification!
Partiko also rewards you with Partiko Points (3000 Partiko Point bonus when you first use it!), and Partiko Points can be converted into Steem tokens. You can earn Partiko Points easily by making posts and comments using Partiko.
We also noticed that your Steem Power is low. We will be very happy to delegate 15 Steem Power to you once you have made a post using Partiko! With more Steem Power, you can make more posts and comments, and earn more rewards!
If that all sounds interesting, you can:
Thank you so much for reading this message!