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Trump Didn’t Kill the Global Trade System. He Split It in Two.

This article is taken from the Wall Street Journal written about nine months ago and sits behind a a paywall, so I decided to copy and paste it here. This article explains Trump's policies toward global trade and what has actually happened so far. I think the article does a decent job of explaining the Trade War. While alot has happenedsince the article was written, I still think its relevant.
However, what is lacking in the article, like many articles on the trade war, is it doesn't really explain the history of US trade policy, the laws that the US administration is using to place tariffs on China and the official justification for the US President in enacting tariffs against China. In my analysis I will cover those points.

SUMMARY

When Trump entered the White House people feared he would dismantle the global system the US and its allies had built over the last 75 years, but he hasn't. He has realign into two systems. One between the US and its allies which looks similar to the one built since the 1980s with a few of quota and tariffs. As the article points out
Today, Korus and Nafta have been replaced by updated agreements(one not yet ratified) that look much like the originals. South Korea accepted quotas on steel. Mexico and Canada agreed to higher wages, North American content requirements and quotas for autos. Furthermore, the article points out Douglas Irwin, an economist and trade historian at Dartmouth College, calls these results the “status quo with Trumpian tweaks: a little more managed trade sprinkled about for favored industries. It’s not good, but it’s not the destruction of the system.” Mr. Trump’s actions so far affect only 12% of U.S. imports, according to Chad Bown of the Peterson Institute for International Economics. In 1984, 21% of imports were covered by similar restraints, many imposed by Mr. Reagan, such as on cars, steel, motorcycles and clothing. Protectionist instincts go so far in the US, there are strong lobby groups for both protectionist and freetrade in the US.
The second reflects a emerging rivalry between the US and China. Undo some of the integration that followed China accession to the WTO. Two questions 1) How far is the US willing to decouple with China 2) Can it persuade allies to join.
The second is going to be difficult because China's economic ties are greater than they were between the Soviets, and China isn't waging an ideological struggle. Trump lacks Reagan commitment to alliance and free trade. The status quo with China is crumbling Dan Sullivan, a Republican senator from Alaska, personifies these broader forces reshaping the U.S. approach to the world. When Mr. Xi visited the U.S. in 2015, Mr. Sullivan urged his colleagues to pay more attention to China’s rise. On the Senate floor, he quoted the political scientist Graham Allison: “War between the U.S. and China is more likely than recognized at the moment.” Last spring, Mr. Sullivan went to China and met officials including Vice President Wang Qishan. They seemed to think tensions with the U.S. will fade after Mr. Trump leaves the scene, Mr. Sullivan recalled. “I just said, ‘You are completely misreading this.’” The mistrust, he told them, is bipartisan, and will outlast Mr. Trump. both Bush II and Obama tried to change dialogue and engagement, but by the end of his term, Obama was questioning the approach. Trump has declared engagement. “We don’t like it when our allies steal our ideas either, but it’s a much less dangerous situation,” said Derek Scissors, a China expert at the American Enterprise Institute whose views align with the administration’s more hawkish officials. “We’re not worried about the war-fighting capability of Japan and Korea because they’re our friends.”
The article also points out unlike George Kennan in 1946 who made a case for containing the Soviet Union, the US hasn't explicitly made a case for containing the Soviets, Trump's administration hasn't, because as the the article explains its divided Michael Pillsbury a Hudson Institute scholar close to the Trump team, see 3 scenarios
Pillsbury thinks the third is most likely to happen, even though the administration hasn't said that it has adopted that policy. The US is stepping efforts to draw in other trading partners. The US, EU and Japan have launched a WTO effort to crack down on domestic subsidies and technology transfers requirement. US and Domestic concerns with prompted some countries to restrict Huawei. The US is also seeking to walloff China from other trade deals. However, there are risk with this strategy

ARTICLE

Trump Didn’t Kill the Global Trade System. He Split It in Two.

INTRODUCTION

My main criticism of this article is it tries like the vast majority of articles to fit US trade actions in the larger context of US geopolitical strategy. Even the author isn't certain "The first goes to the heart of Mr. Trump’s goal. If his aim is to hold back China’s advance, economists predict he will fail.". If you try to treat the trade "war" and US geopolitical strategy toward China as one, you will find yourself quickly frustrated and confused. If you treat them separately with their different set of stakeholders and histories, were they intersect with regards to China, but diverge. During the Cold War, trade policy toward the Soviet Union and Eastern Bloc was subordinated to geopolitical concerns. For Trump, the trade issues are more important than geopolitical strategy. His protectionist trade rhetoric has been fairly consistent since 1980s. In his administration, the top cabinet members holding economic portfolios, those of Commerce, Treasury and US Trade Representative are the same people he picked when he first took office. The Director of the Economic Council has changed hands once, its role isn't as important as the National Security Advisor. While State, Defense, CIA, Homeland Security, UN Ambassador, National Security Advisor have changed hands at least once. Only the Director of National Intelligence hasn't changed.
International Trade makes up 1/4 of the US economy, and like national security its primarily the responsibility of the Federal government. States in the US don't implement their own tariffs. If you add the impact of Treasury policy and how it relates to capital flows in and out of the US, the amounts easily exceed the size of the US economy. Furthermore, because of US Dollar role as the reserve currency and US control of over global system the impact of Treasury are global. Trade policy and investment flows runs through two federal departments Commerce and Treasury and for trade also USTR. Defense spending makes up 3.3% of GDP, and if you add in related homeland security its at most 4%. Why would anyone assume that these two realms be integrated let alone trade policy subordinate to whims of a national security bureaucracy in most instances? With North Korea or Iran, trade and investment subordinate themselves to national security, because to Treasury and Commerce bureaucrats and their affiliated interest groups, Iran and the DPRK are well, economic midgets, but China is a different matter.
The analysis will be divided into four sections. The first will be to provide a brief overview of US trade policy since 1914. The second section will discuss why the US is going after China on trade issues, and why the US has resorted using a bilateral approach as opposed to going through the WTO. The third section we will talk about how relations with China is hashed out in the US.
The reason why I submitted this article, because there aren't many post trying to explain US-China Trade War from a trade perspective. Here is a post titled "What is the Reasons for America's Trade War with China, and not one person mentioned Article 301 or China's WTO Commitments. You get numerous post saying that Huawei is at heart of the trade war. Its fine, but if you don't know what was inside the USTR Investigative report that lead to the tariffs. its like skipping dinner and only having dessert When the US President, Donald J Trump, says he wants to negotiate a better trade deal with other countries, and has been going on about for the last 35 years, longer than many of you have been alive, why do people think that the key issues with China aren't primarily about trade at the moment.

OVERVIEW OF THE UNITED STATES TRADE ORIENTATION

Before 1940s, the US could be categorized as a free market protectionist economy. For many this may seem like oxymoron, how can an economy be free market and protectionist? In 1913, government spending made up about 7.5% of US GDP, in the UK it was 13%, and for Germany 18% (Public Spending in the 20th Century A Global Perspective: Ludger Schuknecht and Vito Tanzi - 2000). UK had virtual zero tariffs, while for manufactured goods in France it was 20%, 13% Germany, 9% Belgium and 4% Netherlands. For raw materials and agricultural products, it was almost zero. In contrast, for the likes of United States, Russia and Japan it was 44%, 84% and 30% respectively. Even though in 1900 United States was an economic powerhouse along with Germany, manufactured exports only made up 30% of exports, and the US government saw tariffs as exclusively a domestic policy matter and didn't see tariffs as something to be negotiated with other nations. The US didn't have the large constituency to push the government for lower tariffs abroad for their exports like in Britain in the 1830-40s (Reluctant Partners: A History of Multilateral Trade Cooperation, 1850-2000).
The Underwood Tariffs Act of 1913 which legislated the income tax, dropped the tariffs to 1850 levels levels.Until 16th amendment was ratified in 1913 making income tax legal, all US federal revenue came from excise and tariffs. In contrast before 1914, about 50% of UK revenue came from income taxes. The reason for US reluctance to introduced income tax was ideological and the United State's relative weak government compared to those in Europe. After the First World War, the US introduced the Emergency Tariff Act of 1921, than the Fordney–McCumber Tariff of 1922 followed by a Smoot-Hawley Act of 1930. Contrary to popular opinion, the Smoot-Hawley Act of 1930 had a small negative impact on the economy, since imports and exports played a small part of the US economy, and the tariffs were lower than the average that existed from 1850-1914.
Immediately after the Second World War, when the US economy was the only industrialized economy left standing, the economic focus was on rehabilitation and monetary stability. There was no grandiose and ideological design. Bretton Woods system linked the US dollar to gold to create monetary stability, and to avoid competitive devaluation and tariffs that plagued the world economy after Britain took itself off the gold in 1931. The US$ was the natural choice, because in 1944 2/3 of the world's gold was in the US. One reason why the Marshall Plan was created was to alleviate the chronic deficits Europeans countries had with the US between 1945-50. It was to rebuild their economies so they could start exports good to the US. Even before it was full implemented in 1959, it was already facing problems, the trade surpluses that the US was running in the 1940s, turned to deficits as European and Japanese economies recovered. By 1959, Federal Reserves foreign liabilities had already exceeded its gold reserves. There were fears of a run on the US gold supply and arbitrage. A secondary policy of the Bretton woods system was curbs on capital outflows to reduce speculation on currency pegs, and this had a negative impact on foreign investment until it was abandoned in 1971. It wasn't until the 1980s, where foreign investment recovered to levels prior to 1914. Factoring out the big spike in global oil prices as a result of the OPEC cartel, it most likely wasn't until the mid-1990s that exports as a % of GDP had reached 1914 levels.
Until the 1980s, the US record regarding free trade and markets was mediocre. The impetus to remove trade barriers in Europe after the Second World War was driven by the Europeans themselves. The EEC already had a custom union in 1968, Canada and the US have yet to even discuss implementing one. Even with Canada it took the US over 50 years to get a Free Trade Agreement. NAFTA was inspired by the success of the EEC. NAFTA was very much an elite driven project. If the Americans put the NAFTA to a referendum like the British did with the EEC in the seventies, it most likely wouldn't pass. People often look at segregation in the US South as a political issue, but it was economic issue as well. How could the US preach free trade, when it didn't have free trade in its own country. Segregation was a internal non-tariff barrier. In the first election after the end of the Cold War in 1992, Ross Perot' based most of independent run for the Presidency on opposition to NAFTA. He won 19% of the vote. Like Ross Perot before him, Donald Trump is not the exception in how America has handled tariffs since the founding of the Republic, but more the norm.
The embrace of free trade by the business and political elite can be attributed to two events. After the end of Bretton Woods in 1971, a strong vested interest in the US in the form of multinationals and Wall Street emerged advocating for removal of tariffs and more importantly the removal of restrictions on free flow of capital, whether direct foreign investment in portfolio investment. However, the political class embrace of free trade and capital only really took off after the collapse of the Soviet Union propelled by Cold War triumphalism.
As mentioned by the article, the US is reverting back to a pre-WTO relations with China. As Robert Lighthizer said in speech in 2000
I guess my prescription, really, is to move back to more of a negotiating kind of a settlement. Return to WTO and what it really was meant to be. Something where you have somebody make a decision but have it not be binding.
The US is using financial and legal instruments developed during the Cold War like its extradition treaties (with Canada and Europe), and Section 301. Here is a very good recent article about enforcement commitment that China will make.‘Painful’ enforcement ahead for China if trade war deal is reached with US insisting on unilateral terms
NOTE: It is very difficult to talk about US-China trade war without a basic knowledge of global economic history since 1914. What a lot of people do is politicize or subordinate the economic history to the political. Some commentators think US power was just handed to them after the Second World War, when the US was the only industrialized economy left standing. The dominant position of the US was temporary and in reality its like having 10 tonnes of Gold sitting in your house, it doesn't automatically translate to influence. The US from 1945-1989 was slowly and gradually build her influence in the non-Communist world. For example, US influence in Canada in the 1960s wasn't as strong as it is now. Only 50% of Canadian exports went to the US in 1960s vs 80% at the present moment.

BASIS OF THE US TRADE DISCUSSION WITH CHINA

According to preliminary agreement between China and the US based on unnamed sources in the Wall Street Journal article US, China close in on Trade Deal. In this article it divides the deal in two sections. The first aspects have largely to do with deficits and is political.
As part of a deal, China is pledging to help level the playing field, including speeding up the timetable for removing foreign-ownership limitations on car ventures and reducing tariffs on imported vehicles to below the current auto tariff of 15%. Beijing would also step up purchases of U.S. goods—a tactic designed to appeal to President Trump, who campaigned on closing the bilateral trade deficit with China. One of the sweeteners would be an $18 billion natural-gas purchase from Cheniere Energy Inc., people familiar with the transaction said.
The second part will involve the following.
  1. Commitment Regarding Industrial Policy
  2. Provisions to protect IP
  3. Mechanism which complaints by US companies can be addressed
  4. Bilateral meetings adjudicate disputes. If talks don't produce agreement than US can raise tariffs unilaterally
This grouping of conditions is similar to the points filled under the 301 investigation which serve the basis for initiating the tariffs. I have been reading some sources that say this discussion on this second group of broader issues could only be finalized later
The official justifications for placing the tariffs on Chinese goods is found under the March 2018 investigation submitted by the office of the President to Congress titled FINDINGS OF THE INVESTIGATION INTO CHINA’S ACTS, POLICIES, AND PRACTICES RELATED TO TECHNOLOGY TRANSFER, INTELLECTUAL PROPERTY, AND INNOVATION UNDER SECTION 301 OF THE TRADE ACT OF 1974. From this investigation the United States Trade Representative (USTR) place US Tariffs on Chinese goods as per Section 301 of the Trade Act of 1974. Here is a press release by the USTR listing the reasons for placing tariffs, and the key section from the press release. Specifically, the Section 301 investigation revealed:
In the bigger context of trade relations between US and China, China is not honoring its WTO commitments, and the USTR issued its yearly report to Congress in early February about the status of China compliance with its WTO commitments. The points that served as a basis for applying Section 301, also deviate from her commitments as Clinton's Trade Representative Charlene Barshefsky paving the way for a trade war. Barshefsky argues that China's back sliding was happening as early as 2006-07, and believes the trade war could have been avoided has those commitments been enforced by previous administrations.
I will provide a brief overview of WTO membership and China's process of getting into the WTO.
WTO members can be divided into two groups, first are countries that joined in 1995-97, and were members of GATT, than there are the second group that joined after 1997. China joined in 2001. There is an argument that when China joined in 2001, she faced more stringent conditions than other developing countries that joined before, because the vast majority of developing countries were members of GATT, and were admitted to the WTO based on that previous membership in GATT. Here is Brookings Institute article published in 2001 titled "Issues in China’s WTO Accession"
This question is all the more puzzling because the scope and depth of demands placed on entrants into the formal international trading system have increased substantially since the formal conclusion of the Uruguay Round of trade negotiations in 1994, which expanded the agenda considerably by covering many services, agriculture, intellectual property, and certain aspects of foreign direct investment. Since 1994, the international community has added agreements covering information technology, basic telecommunications services, and financial services. WTO membership now entails liberalization of a much broader range of domestic economic activity, including areas that traditionally have been regarded by most countries as among the most sensitive, than was required of countries entering the WTO’s predecessor organization the GATT.
The terms of China’s protocol of accession to the World Trade Organization reflect the developments just described and more. China’s market access commitments are much more far-reaching than those that governed the accession of countries only a decade ago. And, as a condition for membership, China was required to make protocol commitments that substantially exceed those made by any other member of the World Trade Organization, including those that have joined since 1995. The broader and deeper commitments China has made inevitably will entail substantial short-term economic costs.
What are the WTO commitments Barshefsky goes on about? When countries join the WTO, particularly those countries that weren't members of GATT and joined after 1997, they have to work toward fulfilling certain commitments. There are 4 key documents when countries make an accession to WTO membership, the working party report, the accession protocol paper, the goods schedule and service schedule.
In the working party report as part of the conclusion which specifies the commitment of each member country what they will do in areas that aren't compliant with WTO regulations on the date they joined. The problem there is no good enforcement mechanism for other members to force China to comply with these commitments. And WTO punishments are weak.
Here is the commitment paragraph for China
"The Working Party took note of the explanations and statements of China concerning its foreign trade regime, as reflected in this Report. The Working Party took note of the commitments given by China in relation to certain specific matters which are reproduced in paragraphs 18-19, 22-23, 35-36, 40, 42, 46-47, 49, 60, 62, 64, 68, 70, 73, 75, 78-79, 83-84, 86, 91-93, 96, 100-103, 107, 111, 115-117, 119-120, 122-123, 126-132, 136, 138, 140, 143, 145, 146, 148, 152, 154, 157, 162, 165, 167-168, 170-174, 177-178, 180, 182, 184-185, 187, 190-197, 199-200, 203-207, 210, 212-213, 215, 217, 222-223, 225, 227-228, 231-235, 238, 240-242, 252, 256, 259, 263, 265, 270, 275, 284, 286, 288, 291, 292, 296, 299, 302, 304-305, 307-310, 312-318, 320, 322, 331-334, 336, 339 and 341 of this Report and noted that these commitments are incorporated in paragraph 1.2 of the Draft Protocol. "
This is a tool by the WTO that list all the WTO commitment of each country in the working paper. In the goods and service schedule they have commitments for particular sectors. Here is the a press release by the WTO in September 2001, after successfully concluding talks for accession, and brief summary of key areas in which China hasn't fulfilled her commitments. Most of the commitments made by China were made to address its legacy as a non-market economy and involvement of state owned enterprises. In my opinion, I think the US government and investors grew increasingly frustrated with China, after 2007 not just because of China's back sliding, but relative to other countries who joined after 1997 like Vietnam, another non-market Leninist dictatorship. When comparing China's commitments to the WTO its best to compare her progress with those that joined after 1997, which were mostly ex-Soviet Republics.
NOTE: The Chinese media have for two decades compared any time the US has talked about China's currency manipulation or any other issue as a pretext for imposing tariffs on China to the Plaza Accords. I am very sure people will raise it here. My criticism of this view is fourfold. First, the US targeted not just Japan, but France, Britain and the UK as well. Secondly, the causes of the Japan lost decade were due largely to internal factors. Thirdly, Japan, UK, Britain and France in the 1980s, the Yuan isn't undervalued today. Lastly, in the USTR investigation, its China's practices that are the concern, not so much the trade deficit.

REASONS FOR TRUMPS UNILATERAL APPROACH

I feel that people shouldn't dismiss Trump's unilateral approach toward China for several reasons.
  1. The multilateral approach won't work in many issues such as the trade deficit, commercial espionage and intellectual property, because US and her allies have different interest with regard to these issues. Germany and Japan and trade surpluses with China, while the US runs a deficit. In order to reach a consensus means the West has to compromise among themselves, and the end result if the type of toothless resolutions you commonly find in ASEAN regarding the SCS. Does America want to "compromise" its interest to appease a politician like Justin Trudeau? Not to mention opposition from domestic interest. TPP was opposed by both Clinton and Trump during the election.
  2. You can't launch a geopolitical front against China using a newly formed trade block like the TPP. Some of the existing TPP members are in economic groups with China, like Malaysia and Australia.
  3. China has joined a multitude of international bodies, and at least in trade, these bodies haven't changed its behavior.
  4. Dealing with China, its a no win situation whether you use a tough multilateral / unilateral approach. If the US endorse a tough unilateral approach gives the impression that the US is acting like the British during the Opium War. If you take a concerted Western approach you are accused of acting like the 8 Powers Alliance in 1900.
  5. Trump was elected to deal with China which he and his supporters believe was responsible for the loss of millions manufacturing jobs when China joined the WTO in 2001. It is estimate the US lost 6 Million jobs, about 1/4 of US manufacturing Jobs. This has been subsequently advanced by some economists. The ball got rolling when Bill Clinton decided to grant China Most Favored Nation status in 1999, just a decade after Tiananmen.
  6. China hasn't dealt with issues like IP protection, market access, subsidies to state own companies and state funded industrial spying.
To his credit, Trump has said his aim was not to overthrow authoritarian governments, and that even applies to the likes of Iran. The Arab spring scared Russia and China, because the US for a brief moment placed the spread of democracy over its security interest.

UNDERSTANDING HOW THE US MAKES DECISIONS REGARDING CHINA

At this moment, China or the trade war isn't an area of great concern for the American public, among international issues it ranks lower than international terrorism, North Korea and Iran's nuclear program.
According to the survey, 39 percent of the country views China’s growing power as a “critical threat” to Americans. That ranked it only eighth among 12 potential threats listed and placed China well behind the perceived threats from international terrorism (66 percent), North Korea’s nuclear program (59 percent) and Iran’s nuclear program (52 percent). It’s also considerably lower than when the same question was asked during the 1990s, when more than half of those polled listed China as a critical threat. That broadly tracks with a recent poll from the Pew Research Center that found concern about U.S.-China economic issues had decreased since 2012.
In looking at how US conducts relations foreign policy with China, we should look at it from the three areas of most concern - economic, national security and ideology. Each sphere has their interest groups, and sometimes groups can occupy two spheres at once. Security experts are concerned with some aspects of China's economic actions like IP theft and industrial policy (China 2025), because they are related to security. In these sphere there are your hawks and dove. And each sphere is dominated by certain interest groups. That is why US policy toward China can often appear contradictory. You have Trump want to reduce the trade deficit, but security experts advocating for restrictions on dual use technology who are buttressed by people who want export restrictions on China, as a way of getting market access.
Right now the economic concerns are most dominant, and the hawks seem to dominate. The economic hawks traditionally have been domestic manufacturing companies and economic nationalist. In reality the hawks aren't dominant, but the groups like US Companies with large investment in China and Wall Street are no longer defending China, and some have turned hawkish against China. These US companies are the main conduit in which China's lobby Congress, since China only spends 50% of what Taiwan spends lobbying Congress.
THE ANGLO SAXON WORLD AND CHINA
I don't think many Chinese even those that speak English, have a good understanding Anglo-Saxon society mindset. Anglo Saxons countries, whether US, UK, Canada, Australia, New Zealand and Ireland are commerce driven society governed by sanctity of contracts. The English great philosophical contributions to Western philosophy have primarily to do with economics and politics like Adam Smith, John Locke, David Hume and Thomas Hobbes. This contrast with the French and Germans. Politics in the UK and to a lesser extent the US, is centered around economics, while in Mainland Europe its religion. When the Americans revolted against the British Empire in 1776, the initial source of the grievances were taxes.
Outside of East Asia, the rest of the World's relationship with China was largely commercial, and for United States, being an Anglosaxon country, even more so. In Southeast Asia, Chinese aren't known for high culture, but for trade and commerce. Outside Vietnam, most of Chinese loans words in Southeast Asian languages involve either food or money. The influence is akin to Yiddish in English.
Some people point to the Mao and Nixon meeting as great strategic breakthrough and symbol of what great power politics should look like. The reality is that the Mao-Nixon meeting was an anomaly in the long history of relations with China and the West. Much of China-Western relations over the last 500 years was conducted by multitudes of nameless Chinese and Western traders. The period from 1949-1979 was the only period were strategic concerns triumphed trade, because China had little to offer except instability and revolution. Even in this period, China's attempt to spread revolution in Southeast Asia was a threat to Western investments and corporate interest in the region. During the nadir of both the Qing Dynasty and Republican period, China was still engaged in its traditional commercial role. Throughout much of history of their relations with China, the goals of Britain and the United States were primarily economic,
IMAGINE JUST 10% OF CHINA BOUGHT MY PRODUCT
From the beginning, the allure of China to Western businesses and traders has been its sheer size I. One of the points that the USTR mentions is lack of market access for US companies operating in China, while Chinese companies face much less restrictions operating in the US.
This is supported by remarks by Henry Paulson and Charlene Barshefsky. As Paulson remarked
Trade with China has hurt some American workers. And they have expressed their grievances at the ballot box.
So while many attribute this shift to the Trump Administration, I do not. What we are now seeing will likely endure for some time within the American policy establishment. China is viewed—by a growing consensus—not just as a strategic challenge to the United States but as a country whose rise has come at America’s expense. In this environment, it would be helpful if the US-China relationship had more advocates. That it does not reflects another failure:
In large part because China has been slow to open its economy since it joined the WTO, the American business community has turned from advocate to skeptic and even opponent of past US policies toward China. American business doesn’t want a tariff war but it does want a more aggressive approach from our government. How can it be that those who know China best, work there, do business there, make money there, and have advocated for productive relations in the past, are among those now arguing for more confrontation? The answer lies in the story of stalled competition policy, and the slow pace of opening, over nearly two decades. This has discouraged and fragmented the American business community. And it has reinforced the negative attitudinal shift among our political and expert classes. In short, even though many American businesses continue to prosper in China, a growing number of firms have given up hope that the playing field will ever be level. Some have accepted the Faustian bargain of maximizing today’s earnings per share while operating under restrictions that jeopardize their future competitiveness. But that doesn’t mean they’re happy about it. Nor does it mean they aren’t acutely aware of the risks — or thinking harder than ever before about how to diversify their risks away from, and beyond, China.
What is interesting about Paulson's speech is he spend only one sentence about displaced US workers, and a whole paragraph about US business operating in China. While Kissinger writes books about China, how much does he contribute to both Democrats and the Republicans during the election cycle? China is increasingly makING it more difficult for US companies operating and those exporting products to China.

CONTINUED

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13 Ways to Maximise your IVF Success & Minimise your IVF Cost

13 Ways to Maximise your IVF Success & Minimise your IVF Cost

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“Only 30-35% of couples going for IVF get successful in their journey but with the right approach and expertise the success rate can be increased upto two folds”– Dr. Neha Jain The field of IVF has seen tremendous growth in the past few years. India is one of the countries which has witnessed a tremendous development in the field of infertility treatments. According to NARI (National ART Registry of India) and the Indian Council of Medical Research (ICMR), the infertility number has increased significantly. The success rate of the treatment is associated with the age, lifestyle, genetic factors of the conceiving mother and many other factors. According to the CDC (Centre for Disease Control), the success rate varies from 35 to 38 percent.. Lower rates are observed with patients of higher age bracket. One of the factors impacting success is stress. The knowledge and acceptance of infertility take a toll on the couple's mental health. Like any other medical procedure, maintaining the proper health of the couples involved is inevitable to obtain expected results in IVF. It is crucial especially for the mothers conceiving through IVF. The health care should begin as soon as you decide to choose the assisted reproductive technology to get pregnant. Let us discuss measures to increase the chances of a successful IVF treatment and minimize your billing while you are going through the most crucial phase of your life. This blog aims to introduce ways to minimize the treatment costs, reduce stress and maximize the chances of a safe and successful procedure.
So, let’s take a look at How to Increase Your Chances of IVF Success and minimize your IVF cost
Feel free to skip ahead if one topic catches your eye:
  1. Do your homework
  2. Don’t wait until it’s too late
  3. Nutrition and weight balance
  4. Ensure you have adequate levels of vitamin D
  5. Gender specific supplements to add in your routine
  6. Don’t ignore the male. Optimize sperm health
  7. Egg donation program
  8. Travel for IVF
  9. Check your insurance
  10. How Can You Pay for IVF?
  11. Smoking and Alcohol
  12. Relaxation
  13. Acupuncture
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Do your homework-Find the right fertility clinic for you Ask about the certifications of the doctor and the labs you are planning on getting your IVF done at,look for an IVF center that is being run by a team of experts and not by an individual practitioner.Individually run IVF centers lack transparency and well defined standard operating protocols”-Dr. Shilpa Gupta IVF is an expensive treatment that is demanding both financially and emotionally. You cannot compromise with the quality of treatment which majorly depends on the clinic’s facilities and success rate and the doctor who is going to treat you. Make extensive research for selecting the best doctor and clinic for the treatment Ask about the certification of the doctors and accreditation of the labs,look for the best IVF center near you that is being run by a team of expert rather than an individual. Individually run centers lack transparency and well defined functioning work protocols
The center should have a 24X7 available working staff especially a Doctor and an Embryologist, you may come across centers who do not have a full time available staff,The Doctors and Embryologist are available only on call as per requirement which leads to poorly managed operation theater and infrastructure
Ask for the expertise of doctors and ensure that the doctor has high conversion rates in IVF and area expertise in the particular field of IVF.Discuss their experience with the women of your age and similar medical and health conditions
The center should be well equipped with world class advanced technology,The field of IVF is advancing every day which is ensuring better success rate of the procedure The center should have a protocol to treat each case individually,It has been observed that many IVF center combine many IVF cases all together and perform IVF on all of them at once which results into poor results of all cases,Every case is unique and it needs to be treated individually Evaluating the best IVF center near you is the first step towards successful parenthood
https://reddit.com/link/e1g0mh/video/e113vypj2u041/player
Don’t wait until it’s too late " The best age for women for a successful IVF treatment is between 20 and 35 years – Dr.Neha Jain
Does my age is going to affect the success of IVF? Well! Yes, it does. Your chances of conceiving and giving birth to a child are closely linked with your age in both natural and IVF pregnancies.The ability to conceive begins to decline at approximately 28 years of age. This has a direct impact on the success of IVF treatment. Aging deteriorates the quality and quantity of eggs which reduces the chances of successful treatment. The data from the Society of assisted reproductive technology (SART) suggests that the chances of live birth in women under 35 are around 47 percent while for women between 80 and 40, it is 38 percent. For the above-mentioned reasons, it is advised to consult the best IVF doctor as soon as you decide to conceive through IVF and your doctor clears you for the procedure.
Nutrition and weight balance
Taking proper nutrition and maintaining a healthy body weight is essential not only during the treatment but also during the preparation. You should begin self-care a couple of months before the embryo transfer. Your doctor will guide you about the diet. There are also fertility diet programs that improve the health of your reproductive organs and promote the success of the treatments. A balanced diet and adequate nutrition also help in the supply of good quality blood to the uterus. This provides better nutrition to the embryo and helps in its growth. Your male partner should also take up a specific diet to improve the quality and quantity of the sperms. Also, healthy body weight is a boon to the IVF treatment. While being right weight increases the time of conception, excess weight increases the chances of complications and makes monitoring more difficult.To know more about it, it's recommended to talk to an IVF expert.
Ensure you have adequate levels of vitamin D About forty percent of individuals are deficient in Vitamin D, and there are upcoming data on its relation with infertility and poor IVF outcomes.Most commonly vitamin D is produced when your skin is exposed to sunlight. For that reason, most women who are from colder regions or who stay indoors are mostly vitamin D deficiency. Many studies and theories have linked vitamin D with the success of IVF treatment. A woman with vitamin D deficiency is more likely to face pregnancy-induced hypertension, lower birth weight, and gestational diabetes. Ensure that you take ample sunlight and strive for food like fatty fish (tuna, mackerel, salmon), egg yolk, cheese, and other vitamin D fortified food like orange juice, soy milk, and cereals, etc.
Gender specific supplements to add in your routine
Along with a balanced diet, supplements are also important for the success of IVF treatment. Supplements are a must for both female and male partners. Women need supplements for vitamins A, B, C, and E. Zinc, magnesium, iron, and folic acid provide great help in fertilization and implant processes. These also help in preventing neural tube defects. Women should also take enough fatty acids to keep FSH under control and provide nourishment for eggs. Men should also take antioxidants with these vitamins and supplements. These reduce the chances of sperm damage and ensure normal sperm production, sperm count and motility. Coenzyme Q10 improves blood flow and increases the chances of fertilization.
Don’t ignore the male. Optimize sperm health
"Malefactor influence nearly two-third of infertility cases.” – Dr. Jagatjeet Singh
Many a time people misunderstood the IVF treatment as a procedure that is done with the female partner only. However, the contribution of the male partner is vital. Almost two-thirds of the couples who choose IVF could not normally conceive due to male infertility. Common problems related to sperm production are about the quantity, movement, and shape. These problems arise usually due to excess of alcohol, tobacco or other drugs, high temperature in a hot bath, and excessive workout. Men should also take a healthy and balanced diet rich in vitamins and antioxidants. Your doctors may also prescribe supplements for your male partner. Maintaining a healthy body weight is also important for treatment. You should do moderate exercise regularly. You should undertake the semen analysis before going for the IVF treatment. This would help you and your doctor to identify and understand the cause of male infertility and take the necessary steps to address these issues and obtain a successful outcome of the treatment.You can get an infertility examination to know where you stand on your fertility journey.
Egg donation program
“Egg donation can increase the chances of success of IVF treatment by more than 42 percent.” – Dr. Shilpa Gupta
Egg donation programs are a boon to the parents who want to take up IVF treatment but are constrained by the budget.The process involves taking high quality fertile and healthy eggs from a female done of age between 21 to 29 years, The donors have to go through a well defined and strict screening process to ensure that the practice gives fruitful results.The donor needs to have a healthy lifestyle,good educational background,right weight and height ratios and willing to undergo all medical and background screening processes.It needs to be ensured that the center you are availing the egg donation program follows guidelines provided by ICMR (Indian Council of Medical Research) . Egg received from the young female are fertilized with the sperm of the husband and the resulting embryo is then transferred to the womb of the recipient women
Travel for IVF
“The overall cost of the treatment in India including travel cost is nearly one third of the treatment costs in other countries.” – Dr. Jagatjeet Singh
Should I travel to a different country for IVF treatment? If you are looking for excellent treatment at the minimum possible cost, you should. The cost of IVF treatment is high and is extremely subjective. It depends on your age, fertility history, duration of the marriage and the location. Different countries offer treatment at greatly varying prices. The cost of the treatment in the US is $19,200 whereas it is much lower in other countries. In Malaysia, it is $4,500 and in Thailand, it is $7500. Cost of IVF treatment in India is just ₹51000 which approximately $700,you can get the world-class treatment done. Lesser cost does not always mean poor quality. This variation in cost is based on the cost of living in the country and the burden on the doctors. You also get world-class facilities and internationally trained doctors supporting you 24/7. Clinics also provide support for the visa, travel, and Forex exchange. We provide high-quality treatment with excellent success-rate at the most reasonable pricing.
https://preview.redd.it/kj92q2or2u041.jpg?width=1024&format=pjpg&auto=webp&s=6f7c51e7711418192334a31b002ce2011fc853cd
Check your insurance
Fertility treatments are not considered medically necessary so insurance companies and they do not usually cover them. But if you have a certain condition like endometriosis, polycystic ovarian disease, etc. that cause infertility, you may be able to get the insurance to pay for the treatment.
If you are still unable to get your insurance to cover it, see if your company offers some kind of employee benefit that allows you to use part of your pre-taxed income for medical uses that insurance provider won’t cover.
How to pay for IVF procedures
Among the top 10 IVF centers in Delhi Baby Joy IVF clinic allows you to pay through various payment options. You can make the payment online which speeds up and simplifies the procedure. We also allow you to pay in installments. Our costing and payment are highly transparent. We provide “World-class Yet Economical” IVF Fertility Treatment in Delhi.
Additional Offers Only for This Week on Cost of IVF in Delhi at Baby Joy
  • Spl. Discounted IVF Packages.
  • Easy EMIs available; Payment can be made in parts.
  • Register nw to avail cheap IVF Price, IVF Cost in Delhi & Start treatment later.
  • Your age, years of marriage & fertility history will help us guide you better on overall IVF Cost, Cost of IVF.
  • No Hidden Charges; No Expensive Tests; Transparent IVF Pricing.
  • Customized Packages available.
  • Money Back Guarantee
https://reddit.com/link/e1g0mh/video/6ojc83vx2u041/player
Smoking and Alcohol detox
Both smoking and alcohol reduce the success rate of IVF treatment. Smoking in men can lead to low sperm count and poor sperm quality causing miscarriage. Women can also face miscarriage due to smoking as it ages the eggs and depletes the uterus lining. Taking alcohol more than ten units a week also decreases the chances of successful IVF treatment.
Relaxation
Many studies have proved that stress adversely affects the results of IVF treatment. It messes up with your cycle timing and can reduce sperm count in males. Cortisol and other hormones secreted due to stress interfere with the implantation process. It may also lead to miscarriage. You can opt for activities like light yoga, meditation, spa, etc for relaxation. You should talk to your doctor and your partner about your apprehensions. Consult a professional counselor if needed.
Acupuncture
Acupuncture is a science that treats various health conditions by putting tiny needles precisely in your body. Presently it is one of the most preferred alternative treatments. Acupuncture is highly effective in managing stress. It enhances the blood flow to the reproductive organs and improves their function. Taking acupuncture sessions for three months before the embryo transfer can dramatically increase the chances of successful treatment.
All the couples who are commencing their journey of IVF may initially find it challenging and demanding. Although it is not completely untrue, a little research, precautions, and teaming with an excellent doctor and fertility clinic like the baby joy IVF can make it safe and smooth. Our doctors compassionately discuss the details of infertility and the procedure to be followed. We provide personalized care to all our patients and provide them both medical and psychological support.
Best wishes from Baby Joy If you are commencing their journey of IVF and find it challenging and demanding, you are not alone. Although the fear is not completely unjustified, a little research, precautions, and teaming with an excellent doctor and fertility clinic can make it safe and smooth. Find the best IVF doctor who compassionately discusses the details of infertility and the procedure to be followed. Personalized care and world-class medical and psychological support can ensure your success through the journey of IVF.
We understand, there cannot be a stronger human emotion than the desire ‘to have Your Little One!’ “Baby Joy” is our endeavour to be part of your journey towards parenthood.
It is our VISION to set benchmarks in the field of Fertility management globally, through cutting edge technology, most advanced treatment protocols, & a highly acclaimed team of doctors, embryologists & support staff.
It is our MISSION to achieve high success rates at lowest cost, through highly customised fertility care, internationally accepted protocols & best global practices. We strongly believe in bringing transparency & honesty to Fertility care in India. We carry out egg donation & surrogacy through our sister concern WSC. This makes Baby Joy a comprehensive Fertility Centre providing 360 degree fertility solutions under 1 roof. We are one of the few recognised professionally run healthcare centres in India. Baby Joy offers comprehensive Infertility, Surrogacy and Test Tube Baby Solutions in India
At Baby Joy, we strive to ‘touch your lives’ by helping you ‘create life!’
Hoping to transform your dreams into reality, your desires into accomplishments & your Hope into Joy !
Source URL:- https://www.babyjoyivf.com/13-ways-to-maximise-your-ivf-success-minimise-your-ivf-cost/
submitted by babyjoy1 to u/babyjoy1 [link] [comments]

13 Ways to Maximise your IVF Success & Minimise your IVF Cost

13 Ways to Maximise your IVF Success & Minimise your IVF Cost
“Only 30-35% of couples going for IVF get successful in their journey but with the right approach and expertise the success rate can be increased upto two folds”– Dr. Neha Jain The field of IVF has seen tremendous growth in the past few years. India is one of the countries which has witnessed a tremendous development in the field of infertility treatments. According to NARI (National ART Registry of India) and the Indian Council of Medical Research (ICMR), the infertility number has increased significantly. The success rate of the treatment is associated with the age, lifestyle, genetic factors of the conceiving mother and many other factors. According to the CDC (Centre for Disease Control), the success rate varies from 35 to 38 percent.. Lower rates are observed with patients of higher age bracket. One of the factors impacting success is stress. The knowledge and acceptance of infertility take a toll on the couple's mental health. Like any other medical procedure, maintaining the proper health of the couples involved is inevitable to obtain expected results in IVF. It is crucial especially for the mothers conceiving through IVF. The health care should begin as soon as you decide to choose the assisted reproductive technology to get pregnant. Let us discuss measures to increase the chances of a successful IVF treatment and minimize your billing while you are going through the most crucial phase of your life. This blog aims to introduce ways to minimize the treatment costs, reduce stress and maximize the chances of a safe and successful procedure.
ivf clinic in delhi
So, let’s take a look at How to Increase Your Chances of IVF Success and minimize your IVF cost
Feel free to skip ahead if one topic catches your eye:
  1. Do your homework
  2. Don’t wait until it’s too late
  3. Nutrition and weight balance
  4. Ensure you have adequate levels of vitamin D
  5. Gender specific supplements to add in your routine
  6. Don’t ignore the male. Optimize sperm health
  7. Egg donation program
  8. Travel for IVF
  9. Check your insurance
  10. How Can You Pay for IVF?
  11. Smoking and Alcohol
  12. Relaxation
  13. Acupuncture


https://preview.redd.it/szlz45fdeu041.jpg?width=658&format=pjpg&auto=webp&s=f44481182f0376e1d2353e1fed601d0ab3182015
Do your homework-Find the right fertility clinic for you Ask about the certifications of the doctor and the labs you are planning on getting your IVF done at,look for an IVF center that is being run by a team of experts and not by an individual practitioner.Individually run IVF centers lack transparency and well defined standard operating protocols”-Dr. Shilpa Gupta IVF is an expensive treatment that is demanding both financially and emotionally. You cannot compromise with the quality of treatment which majorly depends on the clinic’s facilities and success rate and the doctor who is going to treat you. Make extensive research for selecting the best doctor and clinic for the treatment Ask about the certification of the doctors and accreditation of the labs,look for the best IVF center near you that is being run by a team of expert rather than an individual. Individually run centers lack transparency and well defined functioning work protocols
The center should have a 24X7 available working staff especially a Doctor and an Embryologist, you may come across centers who do not have a full time available staff,The Doctors and Embryologist are available only on call as per requirement which leads to poorly managed operation theater and infrastructure
Ask for the expertise of doctors and ensure that the doctor has high conversion rates in IVF and area expertise in the particular field of IVF.Discuss their experience with the women of your age and similar medical and health conditions
The center should be well equipped with world class advanced technology,The field of IVF is advancing every day which is ensuring better success rate of the procedure The center should have a protocol to treat each case individually,It has been observed that many IVF center combine many IVF cases all together and perform IVF on all of them at once which results into poor results of all cases,Every case is unique and it needs to be treated individually Evaluating the best IVF center near you is the first step towards successful parenthood
Watch - 5 Most important things to consider while selecting an IVF centre
Don’t wait until it’s too late " The best age for women for a successful IVF treatment is between 20 and 35 years – Dr.Neha Jain
Does my age is going to affect the success of IVF? Well! Yes, it does. Your chances of conceiving and giving birth to a child are closely linked with your age in both natural and IVF pregnancies.The ability to conceive begins to decline at approximately 28 years of age. This has a direct impact on the success of IVF treatment. Aging deteriorates the quality and quantity of eggs which reduces the chances of successful treatment. The data from the Society of assisted reproductive technology (SART) suggests that the chances of live birth in women under 35 are around 47 percent while for women between 80 and 40, it is 38 percent. For the above-mentioned reasons, it is advised to consult the best IVF doctor as soon as you decide to conceive through IVF and your doctor clears you for the procedure.
Nutrition and weight balance
Taking proper nutrition and maintaining a healthy body weight is essential not only during the treatment but also during the preparation. You should begin self-care a couple of months before the embryo transfer. Your doctor will guide you about the diet. There are also fertility diet programs that improve the health of your reproductive organs and promote the success of the treatments. A balanced diet and adequate nutrition also help in the supply of good quality blood to the uterus. This provides better nutrition to the embryo and helps in its growth. Your male partner should also take up a specific diet to improve the quality and quantity of the sperms. Also, healthy body weight is a boon to the IVF treatment. While being right weight increases the time of conception, excess weight increases the chances of complications and makes monitoring more difficult.To know more about it, it's recommended to talk to an IVF expert.
Ensure you have adequate levels of vitamin D About forty percent of individuals are deficient in Vitamin D, and there are upcoming data on its relation with infertility and poor IVF outcomes.Most commonly vitamin D is produced when your skin is exposed to sunlight. For that reason, most women who are from colder regions or who stay indoors are mostly vitamin D deficiency. Many studies and theories have linked vitamin D with the success of IVF treatment. A woman with vitamin D deficiency is more likely to face pregnancy-induced hypertension, lower birth weight, and gestational diabetes. Ensure that you take ample sunlight and strive for food like fatty fish (tuna, mackerel, salmon), egg yolk, cheese, and other vitamin D fortified food like orange juice, soy milk, and cereals, etc.
Gender specific supplements to add in your routine
Along with a balanced diet, supplements are also important for the success of IVF treatment. Supplements are a must for both female and male partners. Women need supplements for vitamins A, B, C, and E. Zinc, magnesium, iron, and folic acid provide great help in fertilization and implant processes. These also help in preventing neural tube defects. Women should also take enough fatty acids to keep FSH under control and provide nourishment for eggs. Men should also take antioxidants with these vitamins and supplements. These reduce the chances of sperm damage and ensure normal sperm production, sperm count and motility. Coenzyme Q10 improves blood flow and increases the chances of fertilization.
Don’t ignore the male. Optimize sperm health
"Malefactor influence nearly two-third of infertility cases.” – Dr. Jagatjeet Singh
Many a time people misunderstood the IVF treatment as a procedure that is done with the female partner only. However, the contribution of the male partner is vital. Almost two-thirds of the couples who choose IVF could not normally conceive due to male infertility. Common problems related to sperm production are about the quantity, movement, and shape. These problems arise usually due to excess of alcohol, tobacco or other drugs, high temperature in a hot bath, and excessive workout. Men should also take a healthy and balanced diet rich in vitamins and antioxidants. Your doctors may also prescribe supplements for your male partner. Maintaining a healthy body weight is also important for treatment. You should do moderate exercise regularly. You should undertake the semen analysis before going for the IVF treatment. This would help you and your doctor to identify and understand the cause of male infertility and take the necessary steps to address these issues and obtain a successful outcome of the treatment.You can get an infertility examination to know where you stand on your fertility journey.
Egg donation program
“Egg donation can increase the chances of success of IVF treatment by more than 42 percent.” – Dr. Shilpa Gupta
Egg donation programs are a boon to the parents who want to take up IVF treatment but are constrained by the budget.The process involves taking high quality fertile and healthy eggs from a female done of age between 21 to 29 years, The donors have to go through a well defined and strict screening process to ensure that the practice gives fruitful results.The donor needs to have a healthy lifestyle,good educational background,right weight and height ratios and willing to undergo all medical and background screening processes.It needs to be ensured that the center you are availing the egg donation program follows guidelines provided by ICMR (Indian Council of Medical Research) . Egg received from the young female are fertilized with the sperm of the husband and the resulting embryo is then transferred to the womb of the recipient women
Travel for IVF
“The overall cost of the treatment in India including travel cost is nearly one third of the treatment costs in other countries.” – Dr. Jagatjeet Singh
Should I travel to a different country for IVF treatment? If you are looking for excellent treatment at the minimum possible cost, you should. The cost of IVF treatment is high and is extremely subjective. It depends on your age, fertility history, duration of the marriage and the location. Different countries offer treatment at greatly varying prices. The cost of the treatment in the US is $19,200 whereas it is much lower in other countries. In Malaysia, it is $4,500 and in Thailand, it is $7500. Cost of IVF treatment in India is just ₹51000 which approximately $700,you can get the world-class treatment done. Lesser cost does not always mean poor quality. This variation in cost is based on the cost of living in the country and the burden on the doctors. You also get world-class facilities and internationally trained doctors supporting you 24/7. Clinics also provide support for the visa, travel, and Forex exchange. We provide high-quality treatment with excellent success-rate at the most reasonable pricing.
ivf clinic in india
Check your insurance
Fertility treatments are not considered medically necessary so insurance companies and they do not usually cover them. But if you have a certain condition like endometriosis, polycystic ovarian disease, etc. that cause infertility, you may be able to get the insurance to pay for the treatment.
If you are still unable to get your insurance to cover it, see if your company offers some kind of employee benefit that allows you to use part of your pre-taxed income for medical uses that insurance provider won’t cover.
How to pay for IVF procedures
Among the top 10 IVF centers in Delhi Baby Joy IVF clinic allows you to pay through various payment options. You can make the payment online which speeds up and simplifies the procedure. We also allow you to pay in installments. Our costing and payment are highly transparent. We provide “World-class Yet Economical” IVF Fertility Treatment in Delhi.
Additional Offers Only for This Week on Cost of IVF in Delhi at Baby Joy
  • Spl. Discounted IVF Packages.
  • Easy EMIs available; Payment can be made in parts.
  • Register nw to avail cheap IVF Price, IVF Cost in Delhi & Start treatment later.
  • Your age, years of marriage & fertility history will help us guide you better on overall IVF Cost, Cost of IVF.
  • No Hidden Charges; No Expensive Tests; Transparent IVF Pricing.
  • Customized Packages available.
  • Money Back Guarantee
Watch - How to select an IVF centre
Smoking and Alcohol detox
Both smoking and alcohol reduce the success rate of IVF treatment. Smoking in men can lead to low sperm count and poor sperm quality causing miscarriage. Women can also face miscarriage due to smoking as it ages the eggs and depletes the uterus lining. Taking alcohol more than ten units a week also decreases the chances of successful IVF treatment.
Relaxation
Many studies have proved that stress adversely affects the results of IVF treatment. It messes up with your cycle timing and can reduce sperm count in males. Cortisol and other hormones secreted due to stress interfere with the implantation process. It may also lead to miscarriage. You can opt for activities like light yoga, meditation, spa, etc for relaxation. You should talk to your doctor and your partner about your apprehensions. Consult a professional counselor if needed.
Acupuncture
Acupuncture is a science that treats various health conditions by putting tiny needles precisely in your body. Presently it is one of the most preferred alternative treatments. Acupuncture is highly effective in managing stress. It enhances the blood flow to the reproductive organs and improves their function. Taking acupuncture sessions for three months before the embryo transfer can dramatically increase the chances of successful treatment.
All the couples who are commencing their journey of IVF may initially find it challenging and demanding. Although it is not completely untrue, a little research, precautions, and teaming with an excellent doctor and fertility clinic like the baby joy IVF can make it safe and smooth. Our doctors compassionately discuss the details of infertility and the procedure to be followed. We provide personalized care to all our patients and provide them both medical and psychological support.
Best wishes from Baby Joy If you are commencing their journey of IVF and find it challenging and demanding, you are not alone. Although the fear is not completely unjustified, a little research, precautions, and teaming with an excellent doctor and fertility clinic can make it safe and smooth. Find the best IVF doctor who compassionately discusses the details of infertility and the procedure to be followed. Personalized care and world-class medical and psychological support can ensure your success through the journey of IVF.
We understand, there cannot be a stronger human emotion than the desire ‘to have Your Little One!’ “Baby Joy” is our endeavour to be part of your journey towards parenthood.
It is our VISION to set benchmarks in the field of Fertility management globally, through cutting edge technology, most advanced treatment protocols, & a highly acclaimed team of doctors, embryologists & support staff.
It is our MISSION to achieve high success rates at lowest cost, through highly customised fertility care, internationally accepted protocols & best global practices. We strongly believe in bringing transparency & honesty to Fertility care in India. We carry out egg donation & surrogacy through our sister concern WSC. This makes Baby Joy a comprehensive Fertility Centre providing 360 degree fertility solutions under 1 roof. We are one of the few recognised professionally run healthcare centres in India. Baby Joy offers comprehensive Infertility, Surrogacy and Test Tube Baby Solutions in India
At Baby Joy, we strive to ‘touch your lives’ by helping you ‘create life!’
Hoping to transform your dreams into reality, your desires into accomplishments & your Hope into Joy !
Source URL:- https://www.babyjoyivf.com/13-ways-to-maximise-your-ivf-success-minimise-your-ivf-cost/
submitted by babyjoy1 to u/babyjoy1 [link] [comments]

(Reboot) ELI5 on how China fucked their own economy, chapter 6

OK Yesterday's HCFTHE was a big let down. I read on the next few chapters and I feel like there's no more point in translating anymore because the author's coherence is slipping.
This is a reboot. From here on, it's all cruise speed. No translating, it's all me!
(Translated) Chapter 1
(Translated) Chapter 2
(Translated) Chapter 3
(Translated) Chapter 4
(Translated) Chapter 5
Chapter 6: RMB internationalization, a dream? a future?
RMB internationalization. You've heard of RMB. We all have, the legend, the curses. Some foolishness about a currency that never devalues. A closed currency. Buried beneath an opaque monetary policy... a bald, aging portrait of Mao luring investors to their dreams. An illusion that you can begin again, change your fortunes. Issuing them, though, that's not the hard part. It's internationalization.
(Sorry been playing A LOT of fallout. Production is down 50% because half my office are gone and the other half...are playing with me. Seriously, fuck Chinese New year.)
Except for the face culture, RMB internationalization is pretty much a national goal of China. To have their currency achieve global status will make it a rival currency for the USDollar, much like the Euros...except it's Asian. An Asian euro is crucial for China to establish its asiaphere influence zone. Having China enter IMF's basket of currencies is just a first step.
Before we talk about "how", let's talk "why". Why is it important for RMB to go global. For this we will need a deep understanding of world economics, but to dumb it down to ELI5 levels, we'll simplify it down as following:
World domination.
Wow wow wow holy fuck upads what the fuck!? This escalated quickly!
Sorry, but this is a fact. The British Pound, once served as the world's premier reserve currency, shaped the British Empire where the sun never. In fact, UK still hold [14 overseas territories[(https://archive.org/stream/09LONDON1039/09LONDON1039_djvu.txt), and the sun never sets on all fourteen British territories at once. Glory to the queen!
OK let's double time, here's a short list of goals that RMB internationalization can help achieve:
  1. Debt. Chinese companies have a lot of debt in USD. As of right now China don't want RMB to devalue because it would make debts harder to pay.
  2. Getting rid of forex risk. Self explained.
  3. Exports. With all China's debts in RMB there will be no consequence in devaluing the RMB. Will you pay $400 for a Huawei smartphone? No? How about $100? Cheaper price, it helps boosts sales volume. A lot.
  4. Getting rid of language barrier. If you look up most common language on harmony it lists Chinese with the most number of speaker s in the world, followed by Spanish, then English. Guess what language is most common in the business world? English. Guess what language does world reserve currency countries speak? English.
  5. Getting rid of autistic monkeys ESL teachers. Having RMB as a global currency will help China demand their business partners to start speaking Chinese, giving China home field advantage. The reason ESL teachers are needed is because China needs to do business in English. Seriously why the fuck do I need to learn English if I'm not gonna do business?
  6. Better politics. With foreign languages kicked out of their curriculum, the Chinese population can spend more time learning useful things, such as how to worship the communist party Seriously, learning how to think politically is a mandatory subject in high school curriculum, as well as gaokao.
  7. Better economics.
Now on the spot light. Everyone who are asking me to talk about silk road start reading here.
Right now, China is in a tough spot with their overproduction problem. Here's a flow chart, from the start to now:
  1. Steel industries fighting to get into the market
  2. Too many steel suppliers leads to overproduction
  3. One steel suppliers try to eliminate competitions by driving prices down.
  4. Every steel supplier does the same.
  5. Prices eventually go so low, sales price is lower than production price.
  6. Every steel suppliers are now religions, praying their competitions will go bankrupt first so they can one day dominate the market.
  7. CCP cracks down on religion, prayers not answered. Steel suppliers now in the negative, have to borrow money from banks.
  8. Banking regulations stats they can only lend money to suppliers who are in business, i.e. have production and sales. Nobody can sack their workers and nobody can let their workers sit idle because it is also against the law to have idle workers.
  9. Death spiral: Lending leads to production, production leads to loss, loss leads to lending.
China is not as stupid as you think. They know how supply and demand works. They did not foresee the death spiral because there is no precedent. In normal cases supply-demand imbalance even out naturally by supply side shutting down due to lack of profit. But this is China. Steel makers are not investing their own money in the business, they are getting their source of funds from the government are. They do not care if their factories do not turn a profit. Afterall, it's not their own business.
"China is different." Damn right you are. China is the only country in the WTO whose majority of the population lacks independent thinking. The Chinese hierarchy system...it's a convenience. It tells you where to go, what to do, dulls your brain. The party wants us to make steel, I make steel, you make steel, everyone make steel! Everyone apply for a job for the steel making industry and everyone get subsidy from the government! Everyone drive down prices and everyone borrow money! Because the party says we need to make steel.
To fix this death spiral, China needs a larger demand, and if they cannot create demand among themselves, they have to create demand among foreign countries...and there is no way in hell the Americans and Europeans will accept Chinese quality steel.
So, turning their eye to Iran, Pakistan and other developing countries. Cue the one belt, one road protocol. Here's their pitch, dumbed down:
China: Do you want GDP? Do you want groooowth? Learn from us! Build bridges! We can sell you steel at half price! Not like greedy Europeans.
Really, that's it. Building infrastructure is one of the fastest way to bump your GDP, even if they end up useless later on. If China can sell their steel to those countries, they can effectively get rid of a lot of overproduction, maybe even evening out the supply-demand imbalances with the increase in demand!
Two obstacles here.
These developing countries have their own currency, and their other currency is in the form of foreign exchange, in USD. Foreign exchange risk still applies here. Secondly, because they are developing countries...often they don't have the money.
The solution: lend them money. With RMB. Through the Asia Infrastructure Investment Bank. This is going to kill 3 birds with one stone.
  1. Provide capital...provide a means to demand for things. The steel makers can now make a sale, easing oversupply problem finally.
  2. Weaken USD status, strengthen RMB status. Take loan out in RMB, repay with RMB...except you don't have RMB in your reserves. You take your USD from your foreign reserves, and exchange for RMB, because with closer ties with China supplying your every needs, there is no reason to be keeping those USDollars. Although AIIB says it's going to offer USD, Euro and RMB, you bet your ass that they are going to offer some very good conditions on taking loans out in RMB...the potential of further devaluation of RMB is already very attractive, I wonder what else they can add.
  3. Debt settlement. China can now use your USD to repay your debt (fun fact: AIIB lending terms are on a 3 year basis, so they will be collecting their USD in 2019----Guess when the majority of China's foreign debts are due? 2020. Their timing is just perfect).
  4. Positive cycle: Initial lending leads to sales of steel, sales of steel leads to infrastructure building, infrastructure building leads to more sales of other materials, which leads to more lending...the whole cycle leads to weaker USD status in these countries and strong RMB status.
Whew! That's a lot of research! Now that we got the AIIB out of the way, one belt is partially explained but to those who don't get it, high speed rail uses a lot of steel, and is considered infrastructure.
Now that we've got AIIB and one belt under the belt, the last that remains: one road. This is when I'm going into /conspiracy level shit talking and I'm sure I'll be generating a lot of downvotes, so I'll keep it skippy. Here's a list of problems are facing that can be solved with one road(sea silk road):
  1. Over production
  2. Economy focused along shorelines
  3. Dependency on natural resources from hostile foreign forces.
Here's how one road will help them solve these problems:
  1. Trade to solve overproduction, already mentioned above.
  2. Give China an excuse to exercise more controls on the sea, such as the entire South China Sea.
  3. This is the most important. Control of sea routes will allow China to prioritize their freight routes over other countries. While SCS is going to be free, it will be "free with Chinese characteristics". Freights from China are going to flood the SCS and take up a lot of queue space in sea routes shared with other countries, namely Brunei, India, Indonesia, Japan, Korea, Malaysia, Philippines, Taiwan, Phili, Indonesia, Taiwa, Vietnam, etc. If you have ever tried queuing with the Chinese, you know how this will end.
  4. Fuck yeah.
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Supply and demand trading explained - FOREX - YouTube Causes of shifts in currency supply and demand curves  AP ... QUASIMODO MASTER VIDEO 9 MONEY MANAGEMENT Supply and Demand Is The Best Forex Strategy! - YouTube Supply and Demand: Crash Course Economics #4 - YouTube

The similarity between harmonic and basic chart patterns is that, for each of them, the shape and structure are key factors to recognizing and validating a specific pattern. The next price movement can thus be projected with the goal of turning these patterns into profits. However, a key difference is that harmonic patterns are defined more precisely. The problem is the theory above is completely wrong with the way the forex market actually works. 90% of supply and demand traders all trade supply and demand zones with the idea that large institutions place pending orders at these zones ready for when the market returns, this is wrong ! institutions never do anything like this and even if they did put orders at supply and demand zones when ... A common problem people have when trading supply and demand zones is missing the optimal entry into trades. Usually traders will identify a zone and watch the market for an entry either by using a pending order or a price action signal. If the market enters the zone, and the trader does not see the necessary signal, he misses the trade, and the market goes off in the direction he anticipated ... The foreign exchange (or Forex) market, just like every other market in the world, is driven by supply and demand. In fact, understanding the concept of supply and demand is so important in the ... The demand curve (D) for Mexican pesos intersects with the supply curve (S) of Mexican pesos at the equilibrium point (E), which is an exchange rate of 10 cents in U.S. currency for each Mexican peso and a total volume of 85 billion pesos. Note that the two exchange rates are inverses: 10 pesos per dollar is the same as 10 cents per peso (or $0.10 per peso). In the actual foreign exchange ... Supply and demand rise and fall until an equilibrium price is reached. For example, suppose a luxury car company sets the price of its new car model at $200,000. While the initial demand may be ... This kind of Supply Demand Imbalance is in Opposition to a previous price behavior. This means that an emerging Supply and Demand Disparity is prevailing. Then, in the Price Range of a previous Imbalance, you can see the opening of new Block Trades. This increases the Disparity counter the old Imbalance into its same Price Range so as around it. Supply and Demand Trading Course Hi, My Name is Paul Scott and I have been involved in Financial Services and trading for 22 years. I am an EX Bank trader, and have worked at some of the world’s ... Supply and Demand in a Single-Product Market (Exercise Prepared for the Economics Workshop of the System Dynamics Conference at Dartmouth College, Summer 1974) (Department Memorandum No. D-2058). M.I.T., System Dynamics Group. 6 D-4388 3. CONVENTIONAL SUPPLY AND DEMAND 3.1 Introduction This section deals with supply and demand as sometimes taught in high-school economics classes. The following ... RETAIL FOREX TRADING - WHY YOU HAVE BEEN SOLD A LIE AND HOW TO FIX THE PROBLEM. Published on February 21, 2017 February 21, 2017 • 92 Likes • 56 Comments

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Supply and demand trading explained - FOREX - YouTube

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