Mmschoe's List: CHINESE GOV MOVING INTO THE US

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COUNTRY COMPARISON :: CURRENT ACCOUNT BALANCE
This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms."

"Beautiful new infrastructure is going up all over China today, and meanwhile many of our once great manufacturing cities are turning into rotted-out war zones.

China would not be what they are today if we had insisted that they abandon the communist system and respect basic human rights before we ever opened up trade with them.

But that did not happen.  Instead we enthusiastically welcomed China into the WTO and we let the predatory Chinese system run wild.

In 2010, China had a “current account balance” of over 272 billion dollars, which was the largest in the world.

In 2010, the United States had a “current account balance” of negative 561 billion dollars.  According to the CIA world factbook, that put us in last place in the entire world. In fact, our negative current account balance was more than 9 times larger than anyone else in the world.  If you go check out this chart it will give you a really good idea of how nightmarish our trade situation has become.

The world is changing and nothing is ever going to be the same again."

"Ethnic Chinese in Panama
From Wikipedia, the free encyclopedia
Ethnic Chinese in Panama
Total population
135,000 (2003)
4% of the Panamanian population
Languages
Cantonese, Hakka, Mandarin, Spanish, English

Religion
Buddhism[1]

Related ethnic groups
Overseas Chinese

Ethnic Chinese in Panama, also variously referred to as Chinese-Panamanian, Panamanian-Chinese, Panama Chinese, or in Spanish as Chino-Panameño,[citation needed] are Panamanian citizens and residents of Chinese origin or descent.[2][3][4]

The community of ethnic Chinese in Panama began to form in the latter half of the 19th century. The first group of Chinese labourers arrived in the country on 30 March 1854 by way of Canada and Jamaica to work on the Panama Railroad.[5] By the early 20th century, they had already come to play a crucial role in other sectors of the economy as well; they owned over 600 retail stores, and the entire country was said to depend on provisions from their stores.[4] The community faced various challenges, including a 1903 law declaring them as "undesirable citizens", a 1913 head tax, a 1928 law requiring them to submit special petitions in order to become Panamanian citizens, and the revocation of their citizenship under the 1941 constitution promulgated by Arnulfo Arias.[4][5] However, their citizenship was restored in 1946 under the new constitution which declared all people born in Panama to be citizens. Immigration slowed during the 1960s and 1970s, but resumed during the reform and opening up of China, as Deng Xiaoping's government began to relax emigration restrictions.[5] The older Chinatowns, such as the one at Salsipuedes, have become of less importance in the Chinese community recently. Though they were described as "hives" of activity in the 1950s and 1960s, the opening of large department stores reduced the importance of Chinese retailers, and as the years went on, many closed their shops; a few retailers of Chinese products remain in the area, staffed by recent immigrants.[3] Many Chinese emigrated to neighboring Colombia and/or United States [where Chinese and Hispanic populations live] during the dictatorship of Manuel Antonio Noriega."