Monday, February 21, 2022

China - Friend of Foe, remarks by Vince Cable

 I make a summary of the interesting remarks by Vince Cable, former British minister, on his views of China.

1 comment:

  1. A Container Ship crosses from China to U.S. in just 5 days.

    Have a good read of this right to the end.


    What a ship..no wonder 'Made in China ' is displacing North American made goods big time. This monster transports goods across the Pacific in just 5 days!! Another two will soon be commissioned.

    These ships were commissioned by Wal-Mart to get their imported goods from China.
    They hold an incredible 15,000 containers, have a 207-foot deck beam!
    The full crew is 13 people on a ship longer than a US Aircraft Carrier, which has a crew of 5,000. With its 207' beam, it is too big to fit through the Panama or Suez Canals.

    It is strictly transpacific. Cruise speed: 31 knots. Goods arrived 4 days before the typical container ship (18-20 knots)on a China to California run.
    70 to 80% of Wal-Mart products are made in China. This behemoth is hugely competitive even when carrying perishable goods.
    The ship was built in five sections. The sections are floated together then welded. The command bridge is higher than a 10-story building, has 11 cargo crane rigs operating simultaneously unloading the entire ship in less than two hours.

    Cargo capacity - 15,000 TEU (1 TEU = 20 cubic feet) Crew – - 13 people! First trip Sept. 08, 2006. Construction cost - US $145,000,000 + Silicone painting applied to the ship bottom reduces water resistance saving 317,000 gallons of diesel per year.




    Editorial Comment!
    A recent documentary in late March on the History Channel noted all of these containers are shipped back to China, EMPTY! Yep, that's right. We send nothing back on these ships. What does that tell you about the current financial state of the west in crisis?
    So folks, just keep on buying those imported goods (mostly gadgets) until you run out of money.
    Then you may wonder what the cause of unemployment. (Maybe even your job) in the US, UK, Canada, England & even in Australia? Enough said!

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