Do all Chinese goods and Chinese jobs get massive subsidies?

[Deleted member 323070]

Haven't they also has the advantage whereby their currency not being openly traded, they can and do devalue at will giving them an unfair advantage.

Don't most countries have the advantage of being able to devalue at will to give them an unfair advantage?

Devaluation has disadvantages as well as advantages.

 

[motorbiking]

It's shocking that governments would offer subsidies to their commercial and industrial sectors to increase exports.
How unfair of them, not cricket at all.

[Withdrawn] British businesses backed by £7.4 billion government support to export around the world

UK Export Finance publishes its annual results for 2021-22 and launches a new mission statement.

www.gov.uk

You think a profit making finance initiative is the same as giving "tax" refunds on taxes not paid?

 

[motorbiking]

Don't most countries have the advantage of being able to devalue at will to give them an unfair advantage?

Devaluation has disadvantages as well as advantages.

Not those in the Eurozone

 

[Deleted member 323070]

You think a profit making finance initiative is the same as giving "tax" refunds on taxes not paid?

Call those financial incentives different names, the effect is the same. Money flows from government to the industrial/commercial sector, and it's designed to improve the trade balance of the country.

 

[Deleted member 323070]

Not those in the Eurozone

The ECB, the controlling authority of the Euro has that ability.

Your comment is like saying Texas doesn't have the ability to devalue the US dollar, of course it doesn't. It isn't the controlling authority.

 

[motorbiking]

Call those financial incentives different names, the effect is the same. Money flows from government to the industrial/commercial sector, and it's designed to improve the trade balance of the country.

nonsense - getting access to finance is not the same as getting a tax rebate on taxes not paid.

The ECB, the controlling authority of the Euro has that ability.

Your comment is like saying Texas doesn't have the ability to devalue the US dollar, of course it doesn't. It isn't the controlling authority.

Texas is not a country.. a reminder of what you said.

Don't most countries have the advantage of being able to devalue at will to give them an unfair advantage?

Devaluation has disadvantages as well as advantages.

So just to check - can France devalue its currency at will to give them an unfair advantage?
what about Greece or Spain?

and of course Texas does not

have the advantage of being able to devalue at will to give them an unfair advantage?

you do post a lot of boll@x.

 

[Deleted member 323070]

nonsense - getting access to finance is not the same as getting a tax rebate on taxes not paid.

The effect is the same whatever the name of the financial incentive.

Texas is not a country.. a reminder of what you said.

Agreed, it's a state, as the UK is a single sovereign state.
In some contexts the word "state" can be interchangeable with the word "country"

So just to check - can France devalue its currency at will to give them an unfair advantage?
what about Greece or Spain?

Can England, or Scotland or Wales devalue their currency, despite that they are countries?
When you have a union with other countries you willingly surrender your authority to devalue your currency.

and of course Texas does not

Of course neither does NI.

you do post a lot of boll@x.

You do resort to insulting behaviour easily.
Have you ever refrained from using such insulting behaviour because someone challenges your opinion?

 

[motorbiking]

The effect is the same whatever the name of the financial incentive.

go on then show your working out. Show that those using the government finance for export scheme achieved the equivalent of rebates on taxes not paid. I would estimate that the finance offer equated to 1-2% of the deal tops, whereas getting 13% back on taxes you haven't paid is.. well you do the sums.

Agreed, it's a state, as the UK is a single sovereign state.
In some contexts the word "state" can be interchangeable with the word "country"

you seem to be doing a lot of hopping, skipping and jumping about.

Can England, or Scotland or Wales devalue their currency, despite that they are countries?
When you have a union with other countries you willingly surrender your authority to devalue your currency.


Of course neither does NI.

They are not sovereign countries or states - they are part of the United Kingdom. France, Spain Greece etc. Are all Sovereign States.

You do resort to insulting behaviour easily.
Have you ever refrained from using such insulting behaviour because someone challenges your opinion

You post a lot of Boll@x, sorry about that.

 

[Brigadier]

a reminder of what you said.

You do know that 30-odd out of nearly 200 is not

most countries

don't you?


You do post a load of boll@x, don't you?

 

[fillyboy]

You post a lot of Boll@x, sorry about that.

Don't be sorry, you are of course correct, as usual.

 

[motorbiking]

You do know that 30-odd out of nearly 200 is not


don't you?


You do post a load of boll@x, don't you?

I posted a fact, sorry you weren't aware. btw there are 20 countries in the euro zone not 30-odd.

Don't most countries have the advantage of being able to devalue at will to give them an unfair advantage?

Devaluation has disadvantages as well as advantages.

Not those in the Eurozone

 

[Notch7]

IMF doesn't seem to agree with you

IMF Working Papers Volume 2024 Issue 180: Trade Implications of China's Subsidies (2024)

"Volume 2024 (2024): Issue 180 (Aug 2024): Trade Implications of China's Subsidies" published on 23 Aug 2024 by International Monetary Fund.

elibrary.imf.org

predictable lie from Motorbiking

you have posted a link to a study, but youve not provided any quote or evidence it supports your claim

this is one of your commonly used dishonest debating techniques



show me the actual evidence

 

[Notch7]

So you deny it then you say you know it happens .

you used the argument that Chinese state subsidies are the reason Chinese goods are cheaper -your argument is based on that applying to everything


I just pointed out it is true for some sectors only, not everything


gas112 admits he is wrong

 

[Notch7]

I think you could quite possibly be right.
I cannot find any evidence that might suggest he thinks that either.

gas112 literally used the argument that China can only afford to make things cheaper because the state subsidises

that is simply wrong


you really are a sad, dishonest little MAGA arent you

 

[Deleted member 323070]

you seem to be doing a lot of hopping, skipping and jumping about.

Texas is not a country.. a reminder of what you said.

So just to check - can France devalue its currency at will to give them an unfair advantage?
what about Greece or Spain?

They are not sovereign countries or states - they are part of the United Kingdom. France, Spain Greece etc. Are all Sovereign States.

As I said "State" and "country" are often interchangeable words.