dimanche 31 juillet 2011

The invisible trade war between the United States and China.

 
"The sky overlooking the world trade is black storm clouds. The drums of war beat ever louder. Some already watch the equivalent of the assassination of Archduke Franz Ferdinand. A spark would be enough to engulf the planet "
The Financial Times.

How Chinese billionaires die!

        
In 2010, China had 60,000 millionaires. The only mainland mortality rate among Chinese billionaires is 1.5 per million.
Depending on the outcome of an investigation, 72 Chinese billionaires have died violently between 2003 and 2011.
         After analyzing the articles on the death of Chinese billionaires, the statistics of the People's Daily Online, 15 Chinese billionaires have been murdered, 17 were killed, seven have died accidentally, 14 were sentenced to death and 19 died of disease in youth.
        
Most millionaires become rich by a rhythm of hard work. Living only for their work, they lack of rest and exercise. They become more stressed and nervous where deaths from cardiovascular disease, cancer and violent suicides.

The United States attracts wealthy Chinese home.

        
In 2010, the U.S. has welcomed more than 4,200 Chinese immigrants with almost 47% came from the mainland of the Celestial Empire.
        
According to the report of the China Merchants Bank in April 2011, nearly 60% of China's "high net worth", that is to say with 10 million yuan in assets available, are seriously considering emigration as an investor in the U.S., and 27% of them have already begun the necessary steps. While 47% are considering a departure.
        
The United States has also lowered the financial threshold to attract Chinese fortunes. One million dollars at the start, this rate increased to $ 500,000.
        
A motion of support signed by the majority of members of Congress is considering granting a visa to solicitors entrepreneur with $ 100,000 or a financial contribution of $ 250,000. This visa will provide access to a green card permanent resident.

Undeclared economic war!

        
Some analysts see these financial measures an invisible war declared by the United States against China. The huge Chinese reserves force the country to buy U.S. treasury bonds.
        
At the end of March 2011, the amount of U.S. bonds was nearly $ 1.144.9 billion of reserves in China.
This situation is not favorable to China, which loses its fortunes and its young elite.
        
On the other hand, the United States has accused China open to ruin.
        
Senator Arlen Specter of Pennsylvania said in February 2011: "The Chinese round up our markets and our jobs. Between 2001 and 2007, they have stolen 2.3 million jobs. Subsidies to their industry and the manipulation of their currencies are forms of international crime. "
        
Daniel Griswold, director of the Center for Trade Policy Studies at the Cato Institute in Washington, does not endorse the crusade against the yuan.
         For him "a revalued yuan would not provide a lot of oxygen to the U.S. economy, even if it was revalued by 25 percent. Since 2002, the dollar has lost much of its value against the Canadian dollar and the euro European, yet our trade deficit vis-à-vis Canada and Europe continues to grow. The revaluation of other currencies is rarely a solution to internal problems of an economy. "
        
For the International Monetary Fund revaluation will not change:          "A revaluation of Chinese yuan will help the U.S. economy a bit, but will not solve internal problems. If the Chinese yuan is revalued by 20 percent and if it happens the same with the currencies of other Asian markets growing, the U.S. economy may be able to grow by 1 percent."

What will be the first world economic power in the future?

        
During the first six months of 2011, China's GDP reached 20,450 billion yuan (3,150 billion U.S. dollars).
        
The United States produces nearly 25% of what is produced annually in the world in goods and services. But this production of more and more important is done by fewer and fewer workers.
Public debt is estimated at 14,000 billion or 95% of GDP. The regulatory limit is 14.294 billion dollars that will be exceeded 2 August 2011.
        
In 2011, China's population is estimated at 1,339,724,852 people while the U.S. is only 313,232,044 people.
        
China with its 9.6 million Km2 to pass quickly the status of an economic power in an attractive country of residence to avoid erosion of talent and funds.

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