It's like a herd of buffaloes smelling the presence of the buffalo hunters. They're shifting about and pretty soon they will break and run. Maybe they'll even run over a cliff.

One of the things that has markets on edge now, if it isn't the latest Trump fake news, is China.
But the fact is China is doing OK.

China is in transition from an investment infrastructure  & export economy to a consumer economy. Mind you, the west hasn't done too well out of a consumer economy. Eventually you come to that point where people have as much stuff (Chinese stuff?) in their houses as they can possibly eat, wear, play with or have sex with.

But there is no real reason to panic over China. Their debt to GDP ratio seems to have come to a very respectable level and their trade balance is legend. That's what the China experts say anyway.

The panickers should just concentrate on worrying about the west's financial bubbles. That's where the trouble will come from.

...and if China goes to war?

China won't go to war unless NK attacks it and that's unlikely.
China is too smart to go to war. Nothing is that important to them.

Do mean if NK attacks USA/SK/Nihon?

My money is still on China going to war against the Russians who started all the trouble back in the USSR days.

If China wants to become the most dominant 'Economic' nation, then it will have to expend its Military as a complete 'write-off'.

There are no Chinese imports that the west needs.  It's just all cheap junk that attracts the bogan market

China's military capabilities are pathetic and it is not likely to go to war against anyone. 

bogarde73 wrote on Sep 20^th, 2017 at 11:55am:

It's like a herd of buffaloes smelling the presence of the buffalo hunters. They're shifting about and pretty soon they will break and run. Maybe they'll even run over a cliff. One of the things that has markets on edge now, if it isn't the latest Trump fake news, is China. But the fact is China is doing OK. China is in transition from an investment infrastructure  & export economy to a consumer economy. Mind you, the west hasn't done too well out of a consumer economy. Eventually you come to that point where people have as much stuff (Chinese stuff?) in their houses as they can possibly eat, wear, play with or have sex with. But there is no real reason to panic over China. Their debt to GDP ratio seems to have come to a very respectable level and their trade balance is legend. That's what the China experts say anyway. The panickers should just concentrate on worrying about the west's financial bubbles. That's where the trouble will come from.

China will be fine.  They're developing Africa to buy their cheap junk.

Black Orchid wrote on Sep 20^th, 2017 at 4:44pm:

There are no Chinese imports that the west needs.  It's just all cheap junk that attracts the bogan market China's military capabilities are pathetic and it is not likely to go to war against anyone.

Yes. The Chinese Military machine was, afterall - 'Made in China', so chances are that it falls to bits after the first year of action.  ;D