No.

The factories aren’t under direct US ownership, they’re owned by local or Taiwanese contractors like Foxconn. Also, oil isn’t a moving target, the product doesn’t change from year to year as much as electronics which constantly need design changes and updates.

US direct ownership in China is about $40 billion, in a country with $11 trillion GDP and $120 billion annual outward investment in other countries itself. China would be happy to exile U.S. capital. Its domestic consumption is projected to take over U.S. this year so it has a huge internal market, and definitely is not an export driven economy.

Chinese’s government’s biggest fear is its own citizens not foreign countries. It spends more money on “social stability” than on military each year.

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[quote=flu][quote=carlsbadworker]
Chinese’s government’s biggest fear is its own citizens not foreign countries. It spends more money on “social stability” than on military each year.[/quote]

Bingo.[/quote]

If you count Welfare, Police etc… we do too I would imagine LOL.

Seriously IMO all this trade talk is just that “talk” just yet. May end up being not such a big deal in the end, we will see I guess.

[quote=flu]Well, considering china can change the equivalent of their constitution overnight to give the Premier unlimited term limits….Anything is possible.
[/quote]

Small nitpick. Xi Jinping is President. The Premier is Li Keqiang
There was actually was a long process. The Chinese first changed the Communist party platform/constitution to include Xi’s ideas. Kinda like Reagan and Milton Friedman’s ideas are part of the Republican platform. Then they convened their “congress” to change the constitution.

[quote=The-Shoveler][quote=flu][quote=carlsbadworker]
Chinese’s government’s biggest fear is its own citizens not foreign countries. It spends more money on “social stability” than on military each year.[/quote]

Bingo.[/quote]

If you count Welfare, Police etc… we do too I would imagine LOL.

[/quote]

The welfare here IS the military. That’s really the way out and up for lots of men.

[quote=spdrun]^^^ exactly. Now imagine giving men from poorer backgrounds a way up WITHOUT them having to commit murder (or be complicit in murder) in the name of the State. War is fundamentally a waste of resources.[/quote]

Education, trade and commerce is the way to enrich ourselves.

Problem is that agressive people would rather kill. It feels badass and good to kill. I’ve come to realize that the preponderance of people who claim to be for capital, trade and competition really suck at it. They have no idea how to start a business, buy and sell to make a living. Those same people feel entitled to lifetime jobs and prosperous lives; and they will kill to defend their way of life.