Canada / China trade
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Discussion

Square Leg

Original Poster:

15,825 posts

211 months

Sunday 18th January
quotequote all
Has Carney played a blinder here, or unwittingly let China get too close to the USA.


This appeared on my FB feed by someone called ‘I F*****g Love Australia’
Reading it, on the face of it he’s just done one over Trump.

(Apologies for the size)




Mr Penguin

4,099 posts

61 months

Sunday 18th January
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Can you give a text summary so I can get my LLM to summarise the previous LLM output?

Square Leg

Original Poster:

15,825 posts

211 months

Sunday 18th January
quotequote all
Mr Penguin said:
Can you give a text summary so I can get my LLM to summarise the previous LLM output?
Yeah, you’re interacting with a lowly painter and decorator here you know….
Haven’t a clue what you’re on about, until I googled ‘LLM summary’, and nope, still can’t help you…
wink

BikeBikeBIke

13,239 posts

137 months

Sunday 18th January
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I'm not convinced that China are the world's good guys and America are the world's bad guys.

Even if they are, America will have a new administration in 3 years time. China will still be a despotic hell hole.

JoshSm

3,304 posts

59 months

Sunday 18th January
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China have had Canadian politicians bent over for years. Did wonders for things like the property market.

This is just the latest in a long line of actions.

g4ry13

20,629 posts

277 months

Sunday 18th January
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So they're just switching dependence on the USA towards China which comes with its own downsides.

CountyLines

4,291 posts

25 months

Sunday 18th January
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BikeBikeBIke said:
I'm not convinced that China are the world's good guys and America are the world's bad guys.

Even if they are, America will have a new administration in 3 years time. China will still be a despotic hell hole.
America isn't going to magically go back to normal when he's gone. Trump has shown Republicans they can do what they want and get rich doing it.

Terminator X

19,452 posts

226 months

Sunday 18th January
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Trade deals with china, bound to end well.

TX.

MrBogSmith

4,936 posts

56 months

Sunday 18th January
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Hardly a surprise a highly educated and experienced (seemingly the opposite requirements to anyone in the Trump administration) economist is making savvy moves.

Less sweary BBC article covering the deal: https://www.bbc.co.uk/news/articles/cy59pvkqvl5o


g4ry13

20,629 posts

277 months

Sunday 18th January
quotequote all
MrBogSmith said:
Hardly a surprise a highly educated and experienced (seemingly the opposite requirements to anyone in the Trump administration) economist is making savvy moves.

Less sweary BBC article covering the deal: https://www.bbc.co.uk/news/articles/cy59pvkqvl5o
Until China sets sights on geographic expansionism and everyone is too scared to say / do anything because their entire country and infrastructure is dependent on China.

It's a very short-term solution to a current problem.

MrBogSmith

4,936 posts

56 months

Sunday 18th January
quotequote all
g4ry13 said:
Until China sets sights on geographic expansionism and everyone is too scared to say / do anything because their entire country and infrastructure is dependent on China.

It's a very short-term solution to a current problem.
1) Why would that happen? Sounds like a thin end of the wedge fallacy.

2) As opposed to the USA who this weekend announced tariffs to try and force a takeover of Greenland?

3) Perhaps demonstrating to the US there are consequences of their behaviour is a long-term solution.

g4ry13

20,629 posts

277 months

Sunday 18th January
quotequote all
MrBogSmith said:
g4ry13 said:
Until China sets sights on geographic expansionism and everyone is too scared to say / do anything because their entire country and infrastructure is dependent on China.

It's a very short-term solution to a current problem.
1) Why would that happen? Sounds like a thin end of the wedge fallacy.

2) As opposed to the USA who this weekend announced tariffs to try and force a takeover of Greenland?

3) Perhaps demonstrating to the US there are consequences of their behaviour is a long-term solution.
1) We have sold bits of our infrastructure off to the Chinese - energy and power, transport, large amounts of real estate. Not sure why you think they have no interest in acquiring this in Canada.

2) Two wrongs don't necessarily make a right.

3) It's mainly a Trump problem. A long-term solution isn't needed unless you are of the belief he's not going anywhere in 2028 (and we have plenty of Trump threads already to discuss that matter).

MrBogSmith

4,936 posts

56 months

Sunday 18th January
quotequote all
g4ry13 said:
1) We have sold bits of our infrastructure off to the Chinese - energy and power, transport, large amounts of real estate. Not sure why you think they have no interest in acquiring this in Canada.
I didn't speculate on Chinese interests.

Just because they may have interest doesn't mean it'll happen.

There are many trade deals across the globe with China. I don't see how this Canadian one dealing with specific markets is much different to many or how it increases the risk of not being able to challenge China.

g4ry13 said:
2) Two wrongs don't necessarily make a right.

3) It's mainly a Trump problem. A long-term solution isn't needed unless you are of the belief he's not going anywhere in 2028 (and we have plenty of Trump threads already to discuss that matter).
Or perhaps it's now a US Republican problem.

So any time there's a US election it's a 'lottery' between the more predictable Democrats or unpredictability or this type of behaviour with the Republicans. Showing there are consequences to it is useful as deterrent so it's not the norm for them.

200bhp

5,758 posts

241 months

Monday 19th January
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Here in Australia we have thousands of Chinese EVs already and they go rusty underneath despite us using zero road salt.

I expect they won't last long in Canada with lower control arms etc. being very exposed to the tough conditions.

suthol

3,675 posts

256 months

Monday 19th January
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200bhp said:
Here in Australia we have thousands of Chinese EVs already and they go rusty underneath despite us using zero road salt.

I expect they won't last long in Canada with lower control arms etc. being very exposed to the tough conditions.
I have a 2022 MG HS Hybrid and apart from a sour taste from the absolute arsewipe of a salesman am not disappointed in it one bit.

I live literally a stones throw from the beach and don't have rust issues

Counting backwards 2022 Nissan Navara, 2012 Subaru Forester diesel, 2007 Subaru Liberty, 2002 Subaru Forester 2.5L petrol, 1997 Toyota Camry.

I don't doubt that the very early ones had issues as do many manufacturers but the quickly jump on those so they don't lose the place in the market.

Performance around town or on the highway isn't a problem, I doubt it will have the towing capacity of the Navara but I'm confident it will be capable of dragging my race clubman ( 7 ) around the country as all of the others have.

Not perfect but then again what car is, certainly not my wife's BMW

Edited to add. I've never owned an American built car but I have driven enough of them to known I wouldn't buy one


Edited by suthol on Monday 19th January 04:33

HiAsAKite

2,518 posts

269 months

Monday 19th January
quotequote all
suthol said:
I have a 2022 MG HS Hybrid and apart from a sour taste from the absolute arsewipe of a salesman am not disappointed in it one bit.

I live literally a stones throw from the beach and don't have rust issues

Edited by suthol on Monday 19th January 04:33
You own a 2022 car, which doesn't have rust problems?- at 3-4 years old? Frankly that would have been disappointing in the 1980's, never mind now.

Most cars now manage at least a decade without rust problems, in my experience closer to 15 years, and then its just front wings (VW group- am looking at you!) - or exposed control arms etc - though these may show surface rust from 10 years or so on...

the "worst" for rust at the moment I see are some of the japanese cars - and even then it only seems to rear its head at the decade mark - so I would expect the Chinese EVs to better this, to not have a rust problem..

I think the jury will still be out on these until they reach the 10-15 yr mark and we see how long term reliable and sustainable they really are.
...we might still be pleasantly surprised.


But back on topic- this is not good for the US auto industry (and the Chinese EV dominance is frankly worrying for the entire western auto industry, Europe & US)


Edited by HiAsAKite on Monday 19th January 09:23

J4CKO

45,756 posts

222 months

Monday 19th January
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Are US made cars that much better than Chinese ones ?

Their reputation isnt that stellar for build quality by and large.

Trump needs to realise that actions have consequences, the US has some cards to play, but not all and pissing everyone else off, threatening, insulting and bullying will work in some cases, but it will also bite you hard in others.

suthol

3,675 posts

256 months

Monday 19th January
quotequote all
HiAsAKite said:
You own a 2022 car, which doesn't have rust problems?- at 3-4 years old? Frankly that would have been disappointing in the 1980's, never mind now
With the 7 yr warranty lasting until November 2029, I'll then be 81 and if I'm still allowed to drive I'll be driving it until we both cease to function hopefully quite a few years further on, doubt I'll still be racing by then though

HiAsAKite

2,518 posts

269 months

Monday 19th January
quotequote all
suthol said:
With the 7 yr warranty lasting until November 2029, I'll then be 81 and if I'm still allowed to drive I'll be driving it until we both cease to function hopefully quite a few years further on, doubt I'll still be racing by then though
Fair enough - that sounds like good forward planning :-)


suthol

3,675 posts

256 months

Monday 19th January
quotequote all
HiAsAKite said:
suthol said:
With the 7 yr warranty lasting until November 2029, I'll then be 81 and if I'm still allowed to drive I'll be driving it until we both cease to function hopefully quite a few years further on, doubt I'll still be racing by then though
Fair enough - that sounds like good forward planning :-)
It also cost SFA to run

beer