..." In the end, China will win"..hehehe
YES
NO
Lisud but it's not impossible. I've studied this and the funny thing is, if you just have the time, you can actually save more if you don't buy china-made in some products. Take for example branded shoes. Most are china-made but there are those that are also made in vietnam that are cheaper and better.
The same goes with other commodities. The thing is, our businessmen sell china-made with prices as if they were germany-made. As consumers, as always, "buyer beware".
@darsmith13 & @gostie2472 - true but to the extent na ma afford lang nimo. If kailangan paliton coz need, palita.![]()
sa tinuoray lang mabuhi raman tag wlay china products... dli mana needs nato ang produkto nila...
pero dli sad na cla basta2 mu gubat nato... daghan ayo insik nagpuyo aning pinas... pero if wla poy care ilang leader, patay japon ta apil ilang kaliwat hehehe... duola ra baya sa china og pinas labi nag mu tira og missile... less than an hour ra cguro abot nang missile hehehe
Chinese exports are no longer competitive compared to before. The current economic model of growth funded by FDI is no longer sustainable. China's record GDP growth cannot continue any longer. They are now going to transfer from an externally investment driven economy into a domestically, internally driven economy which gives lesser GDP growth but it makes such growth much slower and more sustainable. The cost of doing business in China is set to go up and has been since then.
What the above means that the CNH/CNY will no longer be manipulated by the government which means it will appreciate making China's exports much more expensive, so there won't be much competition from chinese goods anytime soon. Of course if they don't do that and keep the CNH/CNY in peg then it's going to get difficult for them to sustain their current economic model.
Basically what they are trying to avoid is massive social unrest. With all the low wages, pollution, corruption, censorship etc the people there must be very tired and wary of their government.
Because they have the will and the might to do so,
we are too weak to contend them.
looking at the map, China is the farthest in terms of distance from mainland lol
wala ra ni hadlok2x ra ni lisod na ayo mo war ka sa isa ka country awa ang us pag war sa iraq patay gani ang ila economy china pa na unstable pa ayo sila
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