Could China conquer the United States by diminishiing our manufacturing base and then dumping us the dollar?

Question

A different kind of warfare. A warfare not comprised of military might but economic forces.

Answer 1

What utter nonsense...

Bank of China is world's second-largest holder of U.S. Treasury securities (Bank of Japan is the largest). So if Chinese government were to somehow drop the dollar, it would both diminish the value of its investments and make Chinese exports less attractive and thus decrease its domestic tax base. If anything, the Chinese leadership wants to drop the yuan, not the dollar...

Also, there is no such thing as "diminishing manufacturing base". In reality (as opposed to horror stories told by politicians), the U.S. manufacturing base continues to expand. The share of U.S. GDP contributed by manufacturing has not changed since 1960s, while the GDP itself rose fourfold; what has changed is the number of people manufacturing industries employ.

Consider this: in 1962, the U.S. manufacturing sector produced 16.8% of the U.S. GDP and employed 27.7% of non-farm workforce. In 2002, manufacturing produced 16.1% of the U.S. GDP, but employed only 11.5% of non-farm workforce. So manufacturing base (meaning factories and equipment) is still here, thank you very much. And it is a better manufacturing base, meaning, it produces more stuff with less human involvement.

Answer 2

NC your explanation sounds good but and increase in % contribution to GDP mean we have become more productive/efficient, but that doesn't guarantee that jobs are still present in that industry, which causes some people concern. The young in China read THE ART OF WAR and know full well that a military battle is not necessary to bring the enemy to its knees. They are well posed to damage us without using a single traditional "weapon" . Yes they would reap damage to themselves in the process, but they know they will continue to survive as they have for thousands of years. Countries such as ours come and go, they are the oldest civilization on earth and they plan to be around long after they destroy us.

Answer 3

China, by way of mutualism, is not as much of a threat as people think. After all, they have entirely too much money invested in the United States.

It's like you saying you want to commit warfare on your bank. It's only going to cripple you in the end.

Answer 4

China could not conquer the US that way, but America may become very weak in the next few years that we may have to kiss a lot of countries asses.

Answer 5

I'm not any kind of economic wizzard, but it's my opinion that China is the biggest threat to North America, our society and economy than anything else in the world. they could bring us to our knees. and they will.

Answer 6

Hmm, about 35% of the people in this country would surrender to anybody at anytime for any reason, so maybe so!

Answer 7

AmeriKa is in DEBT to CHINA to the tune of HUNDREDS OF TRILLIONS OF DOLLARS... China could collapse the AmeriKan economy at any time, just by demanding we pay them what we owe them.