{"id":103755,"date":"2020-06-20T15:57:53","date_gmt":"2020-06-20T22:57:53","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=103755"},"modified":"2020-06-20T15:57:53","modified_gmt":"2020-06-20T22:57:53","slug":"a-little-known-reality","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2020\/06\/20\/a-little-known-reality\/","title":{"rendered":"A Little Known Reality."},"content":{"rendered":"

Source: Michael Snyder, Guest Post<\/em><\/span><\/h2>\n\n\n

\u00a0Are you starting to get the picture? China is on the rise.<\/strong> If you doubt this, just read the following:<\/strong>\u00a0 <\/p>\n\n\n\n

# When you total up all imports and\nexports, China is now the number one trading nation on the entire\nplanet.            <\/p>\n\n\n\n

# Overall, the U.S. has run a trade\ndeficit with China over the past decade that comes to more than 2.3 trillion\ndollars.            <\/p>\n\n\n\n

# China has more foreign currency\nreserves than anyone else on the\nplanet.            <\/p>\n\n\n\n

# China now has the largest new car\nmarket in the entire\nworld.            <\/p>\n\n\n\n

# China now produces more than twice as\nmany automobiles as the United States does.<\/p>\n\n\n\n

# After being bailed out by U.S.\ntaxpayers, GM is involved in 11 joint ventures with Chinese\ncompanies.            <\/p>\n\n\n\n

# China is the number one gold producer\nin the world.           \n<\/p>\n\n\n\n

# The uniforms for the U.S. Olympic team\nwere made in\nChina.            <\/p>\n\n\n\n

# 85% of all artificial Christmas trees\nthe world over are made in\nChina.            <\/p>\n\n\n\n

# The new World Trade Centre tower in\nNew York is going to include glass imported from China\n.            <\/p>\n\n\n\n

# China now consumes more energy than\nthe United States\ndoes.            <\/p>\n\n\n\n

# China is now in aggregate the leading\nmanufacturer of goods in the entire\nworld.            <\/p>\n\n\n\n

# China uses more cement than the rest\nof the world combined.     \n      <\/p>\n\n\n\n

# China is now the number one producer\nof wind and solar power on the entire\nglobe.            <\/p>\n\n\n\n

# China produces 3 times as much coal\nand 11 times as much steel as the United States\ndoes.            <\/p>\n\n\n\n

# China produces more than 90 percent of\nthe global supply of rare earth\nelements.            <\/p>\n\n\n\n

# China is now the number one supplier\nof components that are critical to the operation of any national defense\nsystem.            <\/p>\n\n\n\n

# In published scientific research\narticles China is expected to become number one in the world very\nshortly.            <\/p>\n\n\n\n

 Are you starting to get the\npicture? <\/strong>In future China will employ millions of American workers and\ndominate thousands of small communities all over the United States. Chinese\nacquisition of U.S. businesses set a new all-time record last year, and it is\non pace to shatter that record this year. The Smithfield Foods acquisition is\nan example. Smithfield Foods is the largest pork producer and processor in the\nworld. It has facilities in 26 U.S. states and it employs tens of thousands of\nAmericans. It directly owns 460 farms and has contracts with approximately\n2,100 others. But now a Chinese company has bought it for $ 4.7 billion, and\nthat means that the Chinese will now be the most important employer in dozens\nof rural communities all over\nAmerica.            \n<\/p>\n\n\n\n

Thanks in part to our massively bloated\ntrade deficit with China, the Chinese have trillions of dollars to spend. They\nare only just starting to exercise their economic muscle. <\/p>\n\n\n\n

It is important to keep in mind that\nthere is often not much of a difference between the Chinese government\u201d and\nChinese corporations\u201d.  In 2011, 43 percent of all profits in China were\nproduced by companies where the Chinese government had a controlling interest\nin it.<\/p>\n\n\n\n

Last year a Chinese company spent $2.6\nbillion to purchase AMC entertainment \u2013 one of the largest movie theatre chains\nin the United States. Now that Chinese company controls more movie ticket sales\nthan anyone else in the world.<\/p>\n\n\n\n

But China is not just relying on\nacquisitions to expand its economic power. Economic beachheads\u201d are being\nestablished all over America.<\/p>\n\n\n\n

For example, Golden Dragon Precise\nCopper Tube Group, Inc. recently broke ground on a $100 million plant in\nThomasville, Alabama. Many of the residents of Thomasville, Alabama will\nbe glad to have jobs, but it will also become yet another community that will\nnow be heavily dependent on communist China.<\/p>\n\n\n\n

And guess where else Chinese companies\nare putting down roots?  Detroit.  Chinese-owned companies are\ninvesting in American businesses and new vehicle technology, selling everything\nfrom seat belts to shock absorbers in retail stores, and hiring experienced\nengineers and designers in an effort to soak up the talent and expertise of\ndomestic automakers and their suppliers. If you recently purchased an\nAmerican-made\u201d vehicle, there is a really good chance that it has a number of\nChinese parts in it. Industry analysts are hard-pressed to put a number on the\nChinese suppliers operating in the United States\n.            <\/p>\n\n\n\n

China seems particularly interested in\nacquiring energy resources in the United States.  For example, China is\nactually mining for coal in the mountains of Tennessee. Guizhou Gouchuang\nEnergy Holdings Group spent 616 million dollars to acquire Triple H Coal Co. in\nJacksboro, Tennessee. At the time, that acquisition really didn\u2019t make much\nnews, but now a group of conservatives in Tennessee is trying to stop the\nChinese from blowing up<\/p>\n\n\n\n

their mountains and taking their\ncoal.<\/p>\n\n\n\n

And pretty soon China may want to build\nentire cities in the United States just like they have been doing in other\ncountries. Right now China is actually building a city larger than Manhattan\njust outside Minsk, the capital of\nBelarus.            <\/p>\n\n\n\n

Are you starting to get the picture?\nChina is on the rise. If you doubt this, just read the following:<\/strong>  <\/p>\n\n\n\n

And what we have seen so far may just be the\ntip of the iceberg. <\/strong><\/p>\n\n\n\n

Source: Michael Snyder, Guest Post<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: Michael Snyder, Guest Post \u00a0Are you starting to get the picture? China is on the rise. If you doubt this, just read the following:\u00a0 # 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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-103755","post","type-post","status-publish","format-standard","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/103755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=103755"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/103755\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=103755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=103755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=103755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}