Bloomberg News Suspends Reporter Whose Article on China Was Not Published

It was not american brands manifacturing goods in Japan, it was Japan copying US products and selling them at a cheaper price, with an acceptable quality.

China is not 1,1 billion new consumers. It's a 200 million people extension of the western economy with 900 million people in Africa level poverty.

And despite this massive human surplus wages keep rising because even assembling an iPhone is relatively hard.

And soon other Asian countries will start doing it cheaper. If that happens, China has a huge industrial plant with no internal market to afford it.

Also, the average profit of Chinese exports is just 1.7%. So basically the Chinese made massive investments based on a projection of export demand that lasts long enough for sustainable internal demand to catch up. When the discount rate turns out to be a bit higher than expected, the house of cards falls.

Think of China as the Groupon of nations.

The smart Chinese elite is also buying foreign assets as fast as they can. Like insider stock trades, when a management of a country starts divesting, that's a sign of troubles, not of wealth.

This is not to say the Chinese elite was wrong to grow via market liberation and exports. What I do say is that the bulls on China conflate revenues with profits, and activity with lasting competitive advantages.

It also means the Chinese are buying US debt not to enslave the US (hard to do that with zero procent interest rates!), but as a favor to their largest client base.

What "stuff" are you talking about? Manufacturing? Because the US actually makes a lot of "stuff", it just doesn't need people to do it, thanks to a lot of engineers like us who have automated it to hell.

It's not bad for the US because China owns treasuries. They never gave China any leverage over the US.

It's bad because buying those treasuries pushed the value of the dollar up and the yuan down. That's why the pearl river delta is the richest conglomeration of manufacturing industries in the world, and factories are being closed left, right and center in the US.

And one day it will be as hard for the US to bring that manufacturing base home as it was for China to build it up in the first place. That's when the US is really screwed.

I seem to have heard this exact same thing 25 years ago with Japan (that is @camus2's comment, not the FA). At least when Japan was our counterparty they bought real estate and companies and were not so foolish as to buy Treasury bonds.

Let me fix that for you:

"Good for the communist party leaders, bad for China and the majority of Chinese people"

This is selling the democracy movement down the river. :-(

Yes, they were not in the version you saw. http://kotaku.com/why-many-in-china-hate-iron-man-3s-chinese...

What Wikileaks does is breaking the ice by publishing something that everybody else wouldnt touch, and keeping it in the open.

Once Wikileaks took all the risk and blame, traditional risk averse media can jump on the bandwagon claming "It wasn't us" and serve the news to the end users.

If our media are too corrupt, then we need to create new ones that work better and change our habits. Submission to corruption can not be a mid- or long-term solution.