Tuesday, June 4, 2019

US says it welcomes Chinese nationals for 'legitimate' studies
Read more at https://www.channelnewsasia.com/news/world/us-says-it-welcomes-chinese-nationals-for-legitimate-studies-11593910

 (Updated: )
Lam Chian Leong
(1) Trump is waging economic war with China in 3 fronts :-
- Trade tariff war
- Technology war
- Talent war
(but using kamikazee - "suicide mission" - that harm self to hurt others)

(2) Trump tariff trade war to harm China exporters and production chain --- in fact hurt :-
- US consumers (who will be paying higher price)
- US production plants who depends on China's input - resulting in higher material, semi-assembled goods, components, parts - that eat into their profit
- US importers that buy at higher price

(3) Trump technology war on Huawei - is hurting :-
- US chipmaker eg. Intel, Qualcomm, Broadcom, etc
- US software companies eg. Google, Microsoft etc

(4) Trump talent war - by curbing China students, scientists etc
- is hurting US Universities who are depending on foreign students to fund their Universities (who are full paying students)
- is hurting US travel, accomodation industries - as it discourage China people from travelling into US.

(5) So Trump - Trade, Technology, Talent war with China --- is in effect a Lose-Lose-Lose Outcome.
US lose. China lose. World lose.
LikeReply1m

Lam Chian Leong
(1) 1.8 million Chinese tourists visited America and spent a whopping $21.1 billion a year.

(2) 300,000 Chinese students spend US$9.8 billion a year to US economy.

(3) Let see whether Trump want to escalate his 3xStrike Economic war (Trade, Tech, Talent) on China --- and see how much China can burnt US economy.
LikeReply1m
Georgie Tan
Cannot trust Trump lawless act now, wait until Trump and his gang are out of office before going to study there. Be safe.
LikeReply18h
Unker Will
US will lose millions of dollars if Chinese students stop going to US for their studies.
LikeReply3h

No comments:

Post a Comment