Closure of multiple shipyards in China devastates local economies

[@163pete]

China was the reason 5 shipyards in Maryland closed. I lost over 20 years and everything I saved was gone in a flash. So China how’s it feel, I ❤️ it maybe our shipyards will now consider reopening in the USA 🇺🇸

[@Wizardsleave69]

Steel in Chicago.. same story for me.. they are done without the USA.. next Walmart will shut down and our manufacturers will re-open with great pay!!

[@kingranches]

well if trump is winning and china has lost then I guess those shipyards must be BOOMING in Maryland and they're begging you to come back and double the pay -right? I don't think so, killing china just means that much less buying power in the world. that doesnt spell a boom for expensive American labor. it just means that smart investors are looking for where all that shipping business will find dirt cheap labor NEXT. its called the FREE MARKET, remember? That's the thing you republicans were so big on BEFORE it cost you all your jobs when the companies that sold you on that free market idea used your support to elect the congresses that PAID them to move to China. Read your history fool.

[@angsieverz4938]

Nothing operates in a vaccuum, one looses, another gains. Trump fights to Bring back jobs, yet appalling the prostitute media is of course on the side with globalists, who always source cheap labor. SAD, people are too ignorant. WALMART is a classic case, look at their treatment of suppliers. They decimate the locam mom and pop stores. Its a o e way street for these big corporations, its the very reason, they buy out COMPETITIOn. Ultimately its monopoly.

[@gregmcnair6935]

Expelled chineese students here in U.S there sending our culture scientists technology military hardware info to there government

[@kennethperry5500]

Im british and i agree with trump its a pity our mp,s are way to polite to do anything sencible

[@freetolook3727]

Now you know how the U.S. felt in the 1970's.

[@ANKHRASET]

Yup ...😁😁😁😁😁

[@raymondquave1237]

Your right an tell these liberals they should be prasing trump he's helping bring America economy back

[@rf9164]

They do not go around blaming others.

[@163pete]

I was there in the 70s and the pain of watching the yards close one after another was sickening. Maryland dry dock, Beth ship repair key hwy, Ft McHenry repair yard, Bethlehem steel and ship building, Beth wire mill. Were just a few I worked at. Now there all parking lots or condos sites.

[@glendarobertson2781]

if Trump is loosing, why are the ship yards closing

[@robertlashier6766]

Hey if you noticed you would see it's happening in China dum dum!!!!!

[@guyazbell7437]

@Pat Micucci carefull there in this day in age the democrap gastopo will bust your door in and off to concentration(happycamps)you go.

[@glendarobertson2781]

@Donna Chump - DRAFT DODGER how mature, if you can not discuss like a grown up, call names like a little kid

[@terijune3307]

Money: Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, and debt is the money of slavery.

[@patriciaroe4561]

I think the U.S. has fell into the slavery department.

[@toldyouso5588]

And fake gold is the money of scoundrels.

[@TruckTaxiMoveIt]

This video was published in April of 2016, given the current US China trade war China's local economies must be hurting more than ever. Would love to see how China turn the situation around -- is there any update to this video?

[@lance8080]

Mike Hill Communist Chinese CCP troll I see you on all these financial Chinese gloom and doom sites.

[@glasslinger]

"Wow, we sold fifty ships and made millions!!" "Oh boy! Let's build a thousand ships and make billions!" Duh! Anybody know what market saturation is?

[@ladytime8462]

They destroyed other countries shipbuilding industry now it's their turn, how sad.

[@paulpeterson8212]

Time Sand what goes around omsaround.

[@farmerbold1144]

Poor communist criminal government.

[@garywhite335]

Places are starting to move things back home China was built of overseas money not there own that boom as now eneded I for one are glad as China is now starting to flex over trade routes

[@pahatpahat9566]

Well, the world will have to face all these changes as we move forward. The question is: if China could overcome such obstacle through their ways of doing things. If America is so gang-ho, just put your best effort forward and change the scenario. Hence, the issue is: are they able to do it, instead of shouting and creating havoc the world over!. If the west is so "unconcerned" about the future of China and Russia, just go ahead and plan without them. Let them do what they can offer the rest of the world. As I see it, China and Russia are quite happy to spend the next generation developing the central Eurasian landmass. The landmass has been written off by the West more than three generations ago, so why squabble over it since both Russia and China feel that they could develop the under-developed world as they plough along. Of course, the setting also include Africa and the Middle-East!

[@kennyng2289]

@@pahatpahat9566 All the American commenters in this column are so happy, thinking that China will fall and none of them except one realise that China is holding US bonds worth trillions of dollars and she mentioned that should China sells off the bonds, the US would be hit harder than China.

[@bonneydahlquist1857]

What do u expect from a country with billions of dollars in ghost cities and massive massive debt.

[@paulneilson6117]

Where are all the ghosts supposed to live with all the executions for this and for that the number of poltergeist must be high.

[@richert8]

They destroyed other countries shipbuilding industry now it's their turn, its just deserts.

[@mrfahrenheit3867]

Goes around, Scotland was once a massive ship building nation....once.

[@workjeff1951]

There are 2 Ss in dessert. You can remember because it's the one you want more of.

[@jasonmarks1893]

Chinese shows no respect towards anyone else and that's why ur in the firing line .

[@angelamonteleone510]

The Chinese people don’t benefit, the Communist party is the winner.

[@rosewhite---]

just 2 hours ago I ate a piece of salmon but it wasn't until I got hom from shops that I read the label inside the packet: Packed in China! It is time we stopped buying Chinese to let them know they need to feel what a recession/depression is!

[@whatever9770]

How sad, too bad.

[@keithcorwin5272]

Any business whose profits is gobbled-up by the ever increasing wages plus increasing taxes usually kills any business. That is why big companies in the US transferred to China whose labor cost was lower then. Now that Chinese labor has increased, they will suffer the same fate as what happened in the western world. This proves that labor cost is a big factor in choosing the venue that should not be ignored in choosing the right locations of a business/factories. That is the problem that governments should look into. They are inclined to increased wages and salaries of laborers and government employees which usually increased inflation , higher prices of commodities or lowering the purchasing power of their own money.

[@jimclarke1108]

Music to my ears , and about time!

[@sharon_shaw]

Well don't think the countries they've trapped in debt like Sri Lanka or African nations will feel sorry for them. Karma

[@Storm4155]

Those countries could of said "no" if they didn't like the terms of the deal.

[@gone547]

@@Storm4155 the 'countries' never get the chance to say no when their corrupt 'brown paper or ALDI bag' dictatorial leaders say yes, yes, yes,give me more. The upper echelon of power in these countries will amass enough ill gotten personal wealth to escape whatever the Chinese have in store them.

[@pahatpahat9566]

Sri Lanka was trapped by IMF WB in the first place!

[@gone547]

@@pahatpahat9566 ahh, but two wongs don't make it right. Right.

[@ronbaskial9835]

You build very low quality ship.,

[@Kay-tc3go]

Very low-quality everything. I remember 'back in the day' when you saw a label saying "made in china" you laughed. It's time to laugh again.

[@TruckTaxiMoveIt]

You know it's low quality yet you still buy it that's the whole principle behind Dollar Tree Walmart and Harbor Freight

[@jmyers9853]

@@TruckTaxiMoveIt when you buy chinese you buy it twice, first chinese then the real thing

[@kennyng2289]

@@Kay-tc3go If "Made in China" products are of low quality, why are the Americans eyeing for these products from Wallmart???? Why did Wallmart get their products from China?????

[@lance8080]

Kenny Ng everything in Walmart is cheap made and garbage.

[@kalgstol]

Sounds like the ship building industry in China is a bit of a sinking ship

[@mr.wizard2974]

I heard that!

[@wandaalexander1972]

Look at the smog! Betcha most air pollution comes fro the far east not to mention all the chemical toxins and plastics. They obviously don't give a damn

[@nomorewar4189]

You paint them all with the same brush - is it any wonder when other countries judge you by your worst politicians /actions - probably never been there but hey free to judge - as you will be judged by the same measure.

[@klnkat6600]

@@nomorewar4189 We all seem to feel universal hatred for the communist Chinese government here, not the people. They will suffer for their president's actions, just like we suffered under Clinton's NAFTA when we lost our manufacturing and middle class in 4 years. You can stop generalizing and virtue signalling your moral superiority now, we don't accept political correctness and cancel culture anymore because we've all benefited from a virtual backbone implant from Donald J. Trump's American steel spine.

[@josephtan4627]

​@@klnkat6600same old hate the government,not the people crap.

[@maureenjanousek9088]

It's about time the entire world stops expecting America to pull them out of poverty

[@lincolnthinking]

hmm ? why no discussion on ship industry consolidation efforts ? nor discussion of reorganizing the industry for more effective and more efficient supply chain system that streamlines the development of specialty fabrication shops for ship parts much as is done in their fabulous bridge, tunnel, railway, automotive industries ? and, the closure of multiple (unknown number) shipyards apparently won't reduce the national effort to build up their military vessels and fleet ?

[@danh_dang7912]

So many dumb, uneducated ignorant people in USA that brainwashed by " fake news"😃😃😃😃😃. I can't believe it!😐😐😐

[@mariolavoie9881]

You people should fight for freedom! It's your only option! Your government is to blame!

[@emenot]

I HAD PREDICTED THIS IN 2008!!!

[@sammywalters7418]

Everything I pickup at the store I look to see where it's from if it's from China I put it back I wish everyone would

[@marcelinogerona9541]

Me too

[@COINSINPOCKET]

Maybe less air pollution..

[@floridausa6142]

Everyone talks bad of China, but look around your home everything is made in China, all the toys you buy at Christmas are from China, even the trees.

[@sovereignspirit7640]

Florida USA I don't buy anything plastic, and don't support China

[@melvinch]

Even your baby came from VaChina.

[@piasau49]

Thank goodness for Donald Trump.

[@lance8080]

Buy American, invest in America.

[@paulpeterson8212]

It didn’t bother the Chinese when the American people lost their jobs.

[@amuxpatch8206]

or the martians

[@garywhite335]

I for one are happy

[@tonyd1331]

Your Welcome World a present from 🇺🇸 😎

[@miloconservative8640]

We need to open new shipyards

[@chopperking007]

Whole country should go on strike untill you get the vote.

[@jeffn4514]

the thing if with China and Russia going to pipeline ......... no ships needed or at least less

[@eddierobson1759]

Now they know how we feel in BRITAIN

[@yt091]

Is this shipyard building private yachts or commercial boats?

[@mechanicjobs]

Karma.

[@capt.dalecarlton914]

Free markets, private ownership, minimal regulation, is productive and much less painful than government run activity.

[@007thematrix007]

uh oh .....

[@tommcqueen2840]

Good. Hope this is a trend that continues.

[@jameslewis1605]

China has over extended itself economically. Don't blame USA tariffs for it's recession.

[@mikeables]

Meanwhile in 2018 Sept. Trump's team is looking at international postal rates. It costs more to ship a package from Chicago to New York than it does from Shanghai to New York. This needs to be fixed to provide an equal playing field to locally made products.

[@mikeables]

@Robbert James Our domestic USPS rates are designed to be a break even business. International postal rates are set by international agreements. In the past these agreements gave China the ability to ship all the way from China, across the USA at a fraction of the cost that American companies can ship items. Trump's team is renegotiating these treaties to level the playing field for American companies.

[@controllerismxg3516]

Have you ever heard of a Gambler winning all the time? No. You win some, you lose some. that's how things go around - in circle within a certain timeline.

[@gendoruwo6322]

except if you're Enron... able to always record growth continuously no matter the situation.... only to be revelaed in the end that it's all fake. is China an Enron ?

[@georgecanto4279]

That water was disgusting. And the pollution. wow. And people blame the USA for polluting the air.

[@jasonmarks1893]

I only hold my breath underwater and the facts are all true silly .

[@chuckschenck3045]

I wonder if this ties in with Fukashima, due to the Pacific collapsing, environment ecosystem radiation all in one. Fukushima needs international help .All fishing needs this.

[@garybombardier4640]

I think it ties in deeply with the president's new tarrifs, and trade war.

[@danieldevault716]

If they can bankrupt, does that mean not governmentally owned?

[@Headwind-1]

nothing stays the same . . . ..

[@kuanged]

Look at this comment section. Does anyone else hear the echo in this chamber? I guess this is where America's 50 cent army hangs out. EDIT: Oh wait... it's America. It should really be called the "food stamp army".

[@gerryquinn5224]

Now you know what the U.K. went through when countries like yours undercut prices and ruined our shipbuilding yards.

[@jasonmarks1893]

Thanks to trump usa

[@feeneychan5541]

Yes

[@101life9]

Down you go, China.

[@2brecords885]

build ships for space increase the area above and below the ship use different methods of preference in preparation of the hull.

[@2brecords885]

SORRY of pressurization

[@antonioeliseeff9826]

Serves you right china. It's payback time. It hurts doesn't it.

[@burtonhollabaugh3767]

Government lie about GDP Whas is new?

[@Chrisfeb68]

We have problems here in the US...Im so thankful to live here and not China..getting arrested for doing and interview about jobs? Scary place to live.

[@lupedelgdillo3312]

Mind Your business, Starve,Nobody cares...

[@Chrisfeb68]

Lupe...where do you live?

[@g.mendoza8138]

Karma!👍👍👍

[@joeawk]

Economic structure changes all the time. Multi tasking. Multi skill. No need to complain. The sun does not shine everyday n not everyday is a Sunday.

[@johnnysmith6451]

China's labor is getting more expensive now. I think the next economic boom country will be India or Bangla Desh.

[@woonboonkiat4097]

Market for goods and services get saturated eventually.ai and automation also replaces manuel labour.

[@robertpalmero3718]

IMF I hope you'r getting paid in gold for these ads

[@sanivkumar2145]

China is shutting down. take care of self

[@thomassterling2919]

Her style of ending the interview was very abrupt. She didn't even acknowledge that what he said about the Chinese economic situation was ok, bad, worthless, or anything. He's thinking to himself, "Wtf !!?"

[@James-wz5qi]

Is good news.

[@jorgemanso521]

where is the upload of the vid date? when was this? now?..10 years ago?...youtube has some great ideas...NOT!...

[@dwightjemtrud939]

He has a flip phone and he cries about free press, ok lol

[@Allegedly2right]

Here in the U.K. We send money to India and China as economic aid even thou they have a space programme so we will have to dig into our pockets and find some more money for their shipyards it is only fare and just Glasgow Newcastle Sunderland and Liverpool yards well gone 80% of The worlds ships built there once upon a time we didn't cry about it did we

[@kamsunleong6648]

Aid maybe to Indian ngos DEFINATELY not the Indian or Chinese govt. China lends only

[@burtonhollabaugh3767]

With a new PM that may soon change. England for the English.

[@paulneilson6117]

Yunan is calling my name. The CCP is always the same. When they don't need you, you're left by the way. (Sung to a ragtime melody).

[@robertjeglum4657]

Sounds a lot like America

[@maxrockwell7613]

How would you like to make $20 per day and then told not to talk with reporters or else...... No thanks.

Not anymore. Until the people of China remove their tyrannical overlords by force, (and they will, otherwise they we I'll be starved out) China will be externally choked off.

[@llewvirtue861]

The people need to rise up and remove Ccp, and become part of the normal world. We welcome them to a normal world

[@rommeldelcampo6961]

Good news...

[@grt8guy03]

China should not have stolen from the US. Thieves usually get their hands chopped off. In this case China gets their economy shutdown. CCP brought this upon themselves and no one should help a thief

[@anhvuphan2546]

Don’t feel bad because non of unemployment have to pay.

[@jasonmarks1893]

I only by AUSTRALIAN made products and America, UNITED KINGDOM and GERMAN .

[@kentuckywoman9863]

See,we don't need China.

[@jennynebel5787]

So do l,my friend. From Jenny Nebel.

[@parseenanoo5301]

Please don't come to Singapore

[@feeneychan5541]

Sad

[@schopen-hauer]

hey china when u stop growing n need all those ppl fed, call us. signed europe... we know u got the green.

[@llewvirtue861]

Close China down

[@coralsea1137]

chinese junks ! ehehehehe

[@phillipschneider1965]

Mmmmmm , I saw this in america , I hope the people can survive this major turn down. I hope it puts a end to chinas place and ccp.

[@richardle6200]

Haha ‼️‼️look at Your Neibour ‼️ Vietnam is Booming 😀😀😀😀😀😀😀😀‼️‼️‼️‼️❤️

[@p.j.882]

Taiwan, Singapore, and South Korea is better for ship building.

[@yvonmouamoua1150]

Bravo, praise God for that news!

[@Victoria-rl4cu]

Karma

[@liuwd6234]

Why not do a story on Marseille? Or about the yellow vest riots?

[@precydougherty5465]

I dont like China made doesn't last longer

[@arkopro30]

Soon China will start supplying lost cost yatch to open market ....

[@peterm8565]

Look how polluted the entire area is. Green warriors? Where are you?

[@garyinmaine1278]

The people have the government they want.......CHANGE YOUR GOVERNMENT!!!!!

[@leavandenbosch7808]

Don't blame China for everything…...

[@sallycan232]

To americans, just support your president 100% if you want your country to be great again. From Philippines.

[@philhand5830]

What does the U S import from India?? Info me: Isn't India more reliable (trustworthy) than China?

[@armandocalazan7243]

So dirty!

[@markmitchell9872]

Go Trump

[@bestestusername]

Reap what you sow

[@munnancs]

the rural of china must be rewarded!world is not in trouble so far ! but these rural get lost no doubt china in trouble! but the whole world have to pay and fortified.

[@celsochiang]

Give it a year or maximum a year and a half before the CCPs collapse could occur.

[@JuiceBox-vt8ws]

The CCP could have had a good relations with the West of they only could have kept their policy right.

[@jasons44]

MORE like a Chinese nightmare

[@atmakrishna85]

Democracy in China. Let's help Chinese people to get freedom from CCPp stooges.

[@nedimramic9001]

and the France is down already