{"id":3410,"date":"2008-11-14T19:49:00","date_gmt":"2008-11-15T01:49:00","guid":{"rendered":"http:\/\/www.conradaskland.com\/blog\/?p=3410"},"modified":"2008-11-14T19:49:00","modified_gmt":"2008-11-15T01:49:00","slug":"china-decouples-stabilization-efforts-on-us-economy","status":"publish","type":"post","link":"https:\/\/conradaskland.com\/blog\/china-decouples-stabilization-efforts-on-us-economy\/","title":{"rendered":"China Decouples Stabilization Efforts on US Economy?"},"content":{"rendered":"<p>An interesting story today from the <a href=\"http:\/\/www.fool.com\/investing\/international\/2008\/11\/12\/why-chinas-stimulus-plan-will-change-the-world.aspx\" target=\"_blank\">Motley Fool<\/a> talks about China&#8217;s announcement of a 4-trillion-yuan ($586 Billion US) stimulus package. It says China has supported a $20 billion dollar monthly trade deficit with the US for many years and has artificially depreciated the value of the Yuan to keep it&#8217;s export relationships strong.<\/p>\n<p><!--more--><\/p>\n<p>The article says that now that China is focusing this money inward, it is beginning to decouple itself from this relationship. In a sense, it says that citizens of China have been underwriting the balanced mortgage payments of US citizens. As China now focuses it&#8217;s money inwards, it may be able to continue on it&#8217;s major growth patterns even while other countries are in decline.<\/p>\n<p>The article is a little scary if you are a US citizen, and probably exciting news if you are a Chinese citizen.<\/p>\n<p>I am one of the US citizens (expats) living in China (Macau) since it has opened up more warmly to the West at the turn of the century. I see the unbelievable amount of construction projects and the quick influx of Western culture to this area. When I say influx of Western culture &#8211; I mean the desire for goods and possessions. The mental state of China remains firmly Chinese. And as I am slowly learning, it is a paradigm very different and difficult for Westerners to understand.<\/p>\n<p>If China decouples &#8211; it will likely decouple on it&#8217;s own trajectory. Read the full Motley Fool article here:<\/p>\n<p><a href=\"http:\/\/www.fool.com\/investing\/international\/2008\/11\/12\/why-chinas-stimulus-plan-will-change-the-world.aspx\" target=\"_blank\">http:\/\/www.fool.com\/investing\/international\/2008\/11\/12\/why-chinas-stimulus-plan-will-change-the-world.aspx<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An interesting story today from the Motley Fool talks about China&#8217;s announcement of a 4-trillion-yuan ($586 Billion US) stimulus package. It says China has supported a $20 billion dollar monthly trade deficit with the US for many years and has artificially depreciated the value of the Yuan to keep it&#8217;s export relationships strong.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[47],"tags":[624,613,616,614,610,617,603,368,608,602,621,620,605,622,607,623,618,619,491,606],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3C0LX-T0","_links":{"self":[{"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/posts\/3410"}],"collection":[{"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/comments?post=3410"}],"version-history":[{"count":1,"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/posts\/3410\/revisions"}],"predecessor-version":[{"id":3411,"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/posts\/3410\/revisions\/3411"}],"wp:attachment":[{"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/media?parent=3410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/categories?post=3410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/conradaskland.com\/blog\/wp-json\/wp\/v2\/tags?post=3410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}