Expats in Asia > Ring of Fire

2 Chinese killed in Vietnam riots

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Willy The Londoner:

--- Quote from: maxx on May 16, 2014, 12:25:05 pm ---
In my own opinion, No Vietnam can't take over the companies from the original investors. Because of the destruction. And the lack of money to invest in the companies. The companies probably will go to Laos, or Cambodia. I can't see them going back to China. Because of the rising inflation in China. And China is trying to clean it's act up. As far as the environment is concerned.

--- End quote ---
With the rising of the standard of living in many parts of China then even the Chinese need other countries to supply their needs at the lowest possible price so you are probably right.  The emphasis here is to make it a home driven economy  rather than export led.  That is what is going to give it the largest economy in the world bar none. There was talk of it overcoming the USA last quarter but that may have been a blip but it will come in a year or two.

With a greater economy comes the power that goes with it.  That is when the real international power struggle will arise and the muscle flexing on both sides will have to stop.

In the five years or so that I have been here I have seen young families go from having a bike to electric bike to motor scooter to car. Unlike their parents and grand parents who saved every penny the new younger Chinese are spending and spending.  They are visualising that the current trend will continue and that work prospects will thrive in a more home driven economy.

Willy

JohnB:
thousands of years of competing national interests do have a habit of flaring up at times. the China
annexing of the whole of the S. China Sea basin does piss off it's neighbors; besides, it would be interesting
to see where this goes as the 'freedom - of- the- seas' is threatening to world energy trade.
http://www.eia.gov/todayhttp://www.ajot.com/news/chinas-actions-in-sea-disputes-straining-u.s.-ties-u.s.-officialinenergy/detail.cfm?id=10671

adaptability is good. timing is paramount.
I am thinking the amount of Western Union money transfers to Viet Nam.
VietNam agricultural economy is evolving (#2 world's coffee producer)
http://en.wikipedia.org/wiki/List_of_countries_by_coffee_production
& a diversified manufacturing base lends to economic stabilty.

maxx:
Willy I have seen it to. When I started traveling to China in 2006.They were walking to the bus stop. Or on there bikes. Living in a one room run down shacks. Now they have new Toyotas, Buicks BMW .I have even seen some full size hummvies if you can imagine that in China. And the houses have ben upgraded. The problem with all of this is no one wants to go back to the farm. The price of food has more then trippeled  in China since 2006.So like you said if they keep spending and moving to the cities. They are going to be in a bad way here in a few years. There has always been rice shortages in China. They cant grow enough of it to feed the huge population. It's kind of like Russia trying to grow grain. crops get wiped out about every other year.

Willy are the Chinese still building ghost cities? I haven't heard anything in a year so I'm just curios. If they are that's got to be taking a huge chunk out of the profits. Along with the slow down of production of the cars and trucks. Because there isn't enough buyers anymore.

John there is nothing wrong with a little revolution now and again. But Vietnam has been at it for over 3,000 years. The longest they have had peace has been since about 1977.When the communist wiped out the last of the resistance. They all starved to death until the mid 80s.When some outside investments started coming in. Now they will be back starving. And dying way to young from malnutrition and some tropical disease.

The only thing Vietnam has to export is hardwoods. But since everybody is down on cutting down the forests now. It is hard to find any buyers. To sell enough to make a difference. Back in the 20 and thirties there used to be huge coconut and banana plantation through out Vietnam. But when the French were run out in the fifties. It all went to hell. Because nobody had any money to keep them operating. And nobody would invest because of the revolutions going on.

If Vietnam has coffee that is good. But do they have enough money to make a go of it. Coffee beans are at a premium price right now. Especially with all the premium blends. That people are willing to drop allot of money on just for a cup of coffee. and is it enough to make a go of. And they are going to need something else because this coffee thing is just a passing fad.

Here is a good example. Thailand is probably the largest exporter of rice in southeast Asia. There main buyers are China and Japan. There second biggest money maker is tourism. There tourism money used to run in the billions. It doesn't anymore because they are always trying to overthrow one crocked government after another. It got so bad they were setting of bombs in Bangcock. They shut down the airports in Bangcock  and Pattaya. For a week costing them millions of tourist dollars. And they are at it again. so the only good it is doing is the polititions making the false promises.

JohnB:
"The longest they have had peace has been since about 1977"...
China invaded VietNam in 1979. Vietnamese were in Cambodia in the '80's, kicking
the shit out of PolPot & his bastards (did the world a favor; however, Cambodia was a China
client state).
As far as the French went, still the influence in culture & biz throughout the war. Had the opportunity to see
the Michellin Rubber from the treetops in 1967
http://en.wikipedia.org/wiki/Michelin_Rubber_Plantation
kind of funny in a way, saw quite a few Texaco & Shell stations on the main routes. I suppose a generous tax base existed by day,
and by night.

Willy The Londoner:
Not to worry Maxx with California farmers spending billions of dollars on water to grow crops to send to China then our table will be full.  Well mine at least. ;D  There is enough money to import ones needs.

In the past 5 years our niece has had to nearly double the wages she pays to the top workers.  Other factory owners have had to follow suit.

The increase in available money means that there is more to spend and therefore more needs to be produced for the home market and so on.  It is how countries like the USA developed to the position it is now in.  A hundred and fifteen years ago there were more really poor people in the USA than those who had well paid jobs.

One hundred years made a difference to USA so just think what 100 years will do for New China. 

Willy

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