Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • Debbie Young
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

China’s Bigger Problem – Its Damaged Brand

April 24, 2020 By Debbie Young

By rawf8 @ Shutterstock.com

America, if not the world, is angry. China has been lethally dishonest over the coronavirus outbreak. It may be a long time before the world can be confident of the “safety and reliability of Chinese exports,” writes Victor Davis Hanson in NRO.

  • China’s overseas brand is tarnished. Importers can never again be sure of the safety or reliability of Chinese exports. They will know only that their producer is a serial falsifier that is capable of anything to ensure power and profits.
  • Even China’s vaunted propaganda machine that slanders its critics as racists and xenophobes no longer works. The sheer number of countries that have suffered huge human and financial losses from Chinese lying won’t believe another word from Beijing.
  • China was beginning to lose the trade war with the U.S. even before the virus struck.
  • Americans think that China is huge, powerful, and rich. In truth, Chinese per capita income is about a sixth of America’s.
  • China produces only about two-thirds the nominal GDP of the United States despite having over four times as many people.
  • Hundreds of millions of rural Chinese remain trapped in poverty.
  • Beijing should expect that lots of industries will return to the U.S.
  • Thousands of Chinese students and researchers will likely return to China. Their absorption of American science and technology was critical to Chinese industry.

China Will Become More Belligerent

Don’t expect China to meekly accept its reduced post-viral status. As international pressure builds, China will become more provocative and desperate than ever, warns VDH.

The United Nations has been mostly absent during the global pandemic. The two democracies that the U.N. treats the worst, Israel and Taiwan, have done superbly during the crisis — in exactly the opposite fashion as U.N. pet China.

It would have been better for all had the U.N.’s duplicitous appendage, the World Health Organization, been silent as well.

WHO Responsible for Ruined Lives and Economies

WHO parroted Chinese propaganda and did its own part to delay the world’s response to the virus, costing thousands of lives and destroying trillions of dollars of economic output.

Don’t expect international health organizations or U.N.-supported transnational committees to defeat coronavirus.

Instead, bilateral scientific cooperation between Western countries will find vaccines and antidotes, not unaccountable and subsidized international associations.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • China’s Cash Crunch
  • China’s “Permanent Conflict” Strategy
  • Bigger and Bigger Government Elizabeth Warren Style
  • Europe “Facing Its Destiny”
  • Author
  • Recent Posts
Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over five decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
Latest posts by Debbie Young (see all)
  • The PRC Aims to Make Taiwan a Pariah Nation - March 27, 2023
  • Freefalling at Stanford - March 24, 2023
  • Biden Embraces Modern Monetary Theory - March 23, 2023

Dick Young’s Must Reads

  • FARM AMERICA: New York City’s Finest Cheesemongers
  • Key West’s Best Burger
  • The County Sheriff: America’s Last Hope
  • When Is the Best Time for You to Do This?
  • When the Black Swan Swoops In for You
  • America’s Colleges Have Become Progressive Liberal Rat Holes
  • DIGITAL DOLLAR DOOMSDAY: The Wall Street Journal Is NOT Going to Tell You This
  • How Will YOU Feel in Retirement? Let Me Explain
  • WAR HAS BEGUN: What Advice Are You Giving Your Loved Ones?
  • Paris, The Palace Hotels: Part I

Our Most Popular Posts

  • Pushing Back at ESG
  • Your Survival Guy’s BEST Insider’s Guide to Key West
  • Are You Fairly Wealthy? I’m Listening
  • Who'd be Nuts Enough to Have Put Money into SVB?
  • Cheap Reliable Heating – a Life Saver
  • Get Well Soon Taki
  • Biden Has Lost Control of the Northern Border Too
  • For Whom Is Your Portfolio Serving?
  • Border Patrol Chief Admits U.S. Border Is Out of Control
  • Freefalling at Stanford

Disclosure

RSS Youngresearch.com

  • “You Just Have to Be Willing to Move Defensively”
  • Americans Are Fleeing Bank Deposits
  • If You’re a Highly Effective Person, We Should Talk
  • Trouble Now Brewing at Deutsche Bank
  • Is Vanguard Voting Against Your Political Beliefs?
  • Are 0DTE Options a Threat to Markets?
  • “I Need Preservation of Principal and Growth”
  • Are You Fairly Wealthy? I’m Listening
  • Treasury Studying How to Increase Deposit Insurance
  • Your Survival Guy’s BEST Insider’s Guide to Key West

RSS Yoursurvivalguy.com

  • “You Just Have to Be Willing to Move Defensively”
  • Did SVB Fail Because of Climate Change?
  • If You’re a Highly Effective Person, We Should Talk
  • What’s Happening to Charles Schwab?
  • Prepare for the Predictable
  • Is Vanguard Voting Against Your Political Beliefs?
  • Call It the Difference between Normal and Crazy
  • “I Need Preservation of Principal and Growth”
  • DEMOCRATIC SENATOR: Biden’s ESG Veto “Absolutely Infuriating”
  • Are You Fairly Wealthy? I’m Listening

The PRC Aims to Make Taiwan a Pariah Nation

“You Just Have to Be Willing to Move Defensively”

Donna: The Queen of Louie’s Backyard, Key West

Biden’s Fake Democracy Summit: Hungary and Turkey Snubbed

Freefalling at Stanford

If You’re a Highly Effective Person, We Should Talk

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives