Comments by "D W" (@DW-op7ly) on "BBC News" channel.

  1. What do you do when you see a headline of western Countries subsidizing their own companies? You probably just pretend you didn't see it 😂
    24
  2. The USA lost to cheaper junk This guy lost to automated good quality
    6
  3. Huawei surges into the 5.5G lead Chinese telecom giant leading the charge into 5.5G, which promises a tenfold improvement over current 5G OCTOBER 31, 2023 AsiaTimes
    5
  4. Yeah right…. Think about this way India has a younger workforce, larger workforce and lower wages Yet it has a 90 to 100 billion dollar trade deficit with China every year At some point you Americans need to start looking in the mirror You live an overindulged lifestyle/high standard of living on borrowed and spent money Ive seen the studies 70% of Americans talk about buying American Yet 84% are not willing to pay more than 10% for American made over imported 10???? I don’t know about where you are from but my country sales taxes are more than that That’s embarrassing
    4
  5. Baidu starts offering nighttime driverless taxis in China December 26, 2022 Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel. Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city. The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution. In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates. In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year. Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3. TC
    3
  6. Filipinos we're not smart. First they initiated a tribunal under UNCLOS that China had to agree to this tribunal under UNCLOS. The tribunal ruled "No one exhibited continuous control over the islands, reefs, water they control. Since there are many Countries laying claim to islands, reefs and water in the south China Sea They will now say speak to us in a few hundred years then
    3
  7. Every country has taken islands, reefs and water.
    3
  8. Think about this way India has a younger workforce, larger workforce and lower wages Yet it has a 90 to 100 billion dollar trade deficit with China every year At some point you Americans need to start looking in the mirror You live an overindulged lifestyle/high standard of living on borrowed and spent money Ive seen the studies 70% of Americans talk about buying American Yet 84% are not willing to pay more than 10% for American made over imported 10?l%???? I don’t know what State you are from but my country sales taxes are more than that That’s embarrassing… but nice excuses why you can’t compete
    3
  9. In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, heath, education and even marriage prospects Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
    2
  10. I wonder if you have the same logic when it comes to Uyghurs in China
    2
  11. Baidu starts offering nighttime driverless taxis in China December 26, 2022 Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel. Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city. The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution. In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates. In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year. Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3. TC
    2
  12. Yes I remember calculating the monthly cash burn rate when Tesla was having production issues. That Shanghai Gigafactory coming online within 1 year from shovel in the ground and cars coming off the assembly line for delivery fixed his production and sales issues drastically
    2
  13. China already has robotaxis Baidu starts offering nighttime driverless taxis in China December 26, 2022 Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel. Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city. The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution. In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates. In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year. Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3. TC
    2
  14. China External Debt Key information about China External Debt China External Debt reached 2,382.9 USD bn in Sep 2023, compared with 2,433.8 USD bn in the previous quarter. China External Debt: USD mn data is updated quarterly, available from Jun 2003 to Sep 2023. The data reached an all-time high of 2,746.6 USD bn in Dec 2021 and a record low of 182.6 USD bn in Jun 2003. CEIC
    2
  15. It's all big talk now. Filipinos we're not smart. First they initiated a tribunal under UNCLOS that China had to agree to under UNCLOS. The the tribunal ruled "No one exhibited continuous control over the islands, reefs, water they control. Since there are many Countries laying claim to islands, reefs and water. They will now say speak to us in a few hundred years then
    2
  16. China already has 12 times the automation the USA does
    1
  17. When Evergrade was selling its junk bonds I know some sophisticated investors who bought them thinking the Chinese government would backstop them. I pointed out the Chinese Government was trying to cut off money flow to these developers as far back as 2010
    1
  18. Chinese don’t believe in that type of zero sum game thinking During the trade war the USA threw up tariffs. China lowered tariffs on imports from other countries Plus their belt and road partner countries is where Chinese companies do most of its exports these days Where American companies are the ones manufacturing and sending thing from China back to the USA They were using more and more illegal workers from SE Asia in those Chinese factories a decade ago Now they are using more and more automation in those Chinese factories China could boot those American companies but that would probably crash the American economy And that is not good for business if they bankrupted the Americans
    1
  19. The other solution would have been to allow the Real Estate markets to keep going up and up in price Maybe instead the rich Chinese would be buying their 4th and 5th homes in the cities in 2028 While hundreds of millions of poorer Chinese fall behind even more
    1
  20. China was cutting off money flow to property developers in 2010 And didn't bail them out ever since... So
    1
  21. Somali Pirates you can blame partially on America Years after that famous “Blackhawk down” era in Somalia??? The USA supported a Ethiopian Invasion and Somali groups that were trying to remove a newly formed Muslim Government in Somalia The blowback being this Muslim Government had control of Punt land region in Somalia where the Somalia Pirates are mainly from So once this Government was removed the pirates came out to play
    1
  22. That’s a lie the Chinese sailed ships into African and Middle Eastern waters The Chinese don’t like war because it affects their ability to make money Just like going to war does as well
    1
  23. China markets struggling is by their own design as their markets have been a big bubble for a long time now As for trade China has a 800 billion a year trade surplus And lots of reserves, but if they throw money at the issue then they are looking at more overheated markets and bubbles
    1
  24. China has 3 aircraft carriers and destroyers who have already travelled to the Middle East and Africa We’re talking pirates and rebels Anyone talking they don’t have a blue water navy Means they don’t have a navy to compete with the USA/UK But they are getting there And they choose not to attack these rebels
    1
  25. There are already fully autonomous taxis in China 👇 Baidu starts offering nighttime driverless taxis in China December 26, 2022 Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel. Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city. The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution. In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates. In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year. Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3. TC
    1
  26. A few years back Developers like Evergrande cut off from cash flow by the Chinese Government. Started to sell their junk bonds to “Sophisticated foreign investors” Thus why Evergrande has been seeking creditor protection in US and Hong Kong courts I was warning anyone who would listen not to buy these junk bonds But the general consensus/thinking back then was the Chinese Central Government would come in and backstop these companies I was arguing not when the Central Government had already cut off money flow to these companies in 2010
    1
  27. It's all big talk now. Filipinos we're not smart. First they initiated a tribunal under UNCLOS that China had to agree to this tribunal under UNCLOS. The tribunal ruled "No one exhibited continuous control over the islands, reefs, water they control. Since there are many Countries laying claim to islands, reefs and water in the south China Sea They will now say speak to us in a few hundred years then
    1
  28. Most Chinese don’t invest in their own stock market because it’s a casino And the Chinese Government has no obligation to cover these “Sophisticated foreign investors “ Who bought these Evergrande Junk Bonds these last few years Thinking the Chinese Government would backstop this company When the Chinese Government has cut off money flow to these Developers in 2010 These foreign investors might get a few Pennies on the dollar back. But the Government won’t make them whole 👇 Evergrande Tycoon Crossed a Red Line When Wealth Funds Ran Dry Police are fielding complaints by wealth product investors China authorities have less tolerance for losses by households China Evergrande Group wiped out international investors, roiled financial markets and left thousands of suppliers in the lurch. Yet it was the developer’s failure to pay households who invested in its wealth management products that may have provided the last straw for Chinese authorities. Bloomberg
    1
  29. In fact I don’t think the Chinese Government should even help out these wealth fund investors They took a risk, but now are crying about it
    1
  30. Filipinos we're not smart. First they initiated a tribunal under UNCLOS that China had to agree to this tribunal under UNCLOS. The tribunal ruled "No one exhibited continuous control over the islands, reefs, water they control. Since there are many Countries laying claim to islands, reefs and water in the south China Sea They will now say speak to us in a few hundred years then
    1
  31. Writing was in the wall in 2010 as their Government started to crack down on the Real Estate sector back then So while you were buying I was dumping out You are telling the world all you ever knew was a bull market one their Government was actively trying put the brakes on
    1
  32. Yep they need more western sex tourist like you instead
    1
  33. Filipinos we're not smart. First they initiated a tribunal under UNCLOS that China had to agree to this tribunal under UNCLOS. The tribunal ruled "No one exhibited continuous control over the islands, reefs, water they control. Since there are many Countries laying claim to islands, reefs and water in the south China Sea They will now say speak to us in a few hundred years then
    1
  34.  @Q00997 Indians can’t afford Teslas
    1
  35.  rogerjamespaul5528  What most people don’t get? Is it is US multinationals making the lion share of those profits inflating the trade deficit between China to the USA Where Chinese companies mostly trade with their Belt and Road country partners these days These US multinationals are the ones sending you that junk These US multinationals are still using the same highly polluting labour intensive factories formula. As they were using more and more illegal labour smuggled in from South East Asia. Or more and more automation in their wholly owned factories in China these days These are the same companies who got those trump Corporate tax cuts you for sure cheered about Same companies based in China who derived 392 billion in sales into the Chinese domestic markets in 2018 when trump started his trade war Same companies averaging 20 to 40% of their earnings from China whose high flying stocks are in your 401k/Pensions Same companies who the American farmer and consumer were sacrificed. So the USA could try and get “more” or “better” access for the US multinationals, into those Chinese Domestic markets during the trade war Same companies whose HQ is in a North American city you can easily go stand outside and protest at…. Why didn’t China pull the nuclear trade option and boot these US companies you might ask? They don’t believe in a zero sum game type of thinking As I can show you during the trade war. China didn’t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them 👇 Trump’s ‘trade war’ with China won’t be so easy to win Having learned these value chain lessons, Beijing has worked hard to bring more of the high-value-adding parts of value chains into China, and to build hi-tech industries in which it can establish a globally competitive position. China has successfully done this in areas like high-speed trains (CRRC), digital telecoms networks (Huawei), drones (DJI) and hi-tech batteries (BYD). Trump’s team is not wrong to be worried about China’s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But here’s the problem: China exports almost none of these new-tech products to the US, making US tariff threats meaningless. Rather, they go to developing economy markets – many embraced by the Belt and Road initiative – where China has succeeded in building a hi-tech, high-value brand reputation. As Trump’s team will quickly learn, the challenge of finding China’s pain points is bigger than expected: for a decade China’s priority has been to base growth on the domestic consumer economy and reduce reliance on the low-value-adding export processing industries (many of which are US- or Hong Kong-owned and concentrated in the Pearl River Delta) SCMP
    1
  36.  @0xroot499  Baidu starts offering nighttime driverless taxis in China December 26, 2022 Starting this week, the public can ride its robotaxis in Wuhan between 7 am and 11 pm without safety drivers behind the wheel. Previously, its unmanned vehicles could only operate from 9 am to 5 pm in the city. The updated scheme is expected to cover one million customers in certain areas of Wuhan, a city of more than 10 million people. Like most autonomous vehicle startups, Baidu combines a mix of third-party cameras, radar and lidar to help its cars see better in low-visibility conditions, in contrast to Tesla’s vision-based solution. In August, Baidu started offering fully driverless robotaxi rides, charging passengers at taxi rates. In Q3, Apollo Go, the firm’s robotaxi hailing app, completed more than 474,000 rides, up 311% year over year. Accumulatively, Apollo Go had exceeded 1.4 million orders as of Q3. TC
    1
  37. Yes the irony is most westerners complaining about China are the same people complaining about immigrants saving their countries
    1
  38. n China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, heath, education and even marriage prospects Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
    1
  39. I once bought a Canadian Gold mining stock One day the stock drops like 80% to 90% gets halted for clarification Turns out the company while having a gold mine. Had run out of cash Next thing I find out some of the directors and officers in the company were dumping stock So the company stayed halted So when I called the security exchange commission I asked them why they halted the stock and continued to halt the stock after the news came out They said to protect future investors My argument was the directors/officers who did the insider trading knew the news. any one buying if the stock came back would know the news The people who got hurt were the people who didn’t know the news until the insiders dumped Years later the companies mine was sold off and some of the directors went to work for this new company 🤔
    1
  40. Most people tend to throw in Chinese internal debt with Chinese external debt Unlike the USA where they just talk about US external debt If anyone qgeee to bother to look at US internal debt then you are looking 300 trillion in debt and that does not include the 200 trillion in nominal derivatives bets the TooBigTooFail Investment banks have made
    1
  41. Stop posting up fake news What you think people can’t do a simple search?????
    1
  42. Once again western media throws Chinese internal debt in with its external debt Have you ever heard of people including any other figures with the US National debt of 34 trillion? Because that is what they are doing with Chinese debt adding in internal debt No one includes US internal debt like 👇 26 trillion in Social Security liabilities 49 trillion in Medicare liabilities 212 trillion in Unfunded Liabilities???? That’s because that is internal debt and no one gives a sheeet about it
    1
  43. It’s shocking most of the poster on here don’t believe a single word MSM tells them But believe every word MSM tells them about China 👇 Difference Between Internal Debt and External Debt! The basic character of an internal debt is quite different from that of the external debt. In external debt, at the time of repayment there is a real transfer of resources. In case of internal debt, however, since it is borrowed from individuals and institutions within the country repayment will constitute only a re-distribution of resources without causing any change in the total resources of the community. There can, thus, be no direct money burden caused by internal debts since all payments cancel each other out in the aggregate community as a whole. Whatever is taxed from one section of the community servicing the debts is distributed among the bond-holders by way of repayment of loans and interest; and quite often, the tax-payer and the bond-holder may be the same person. At the most, to the extent that the incomes of tax-payers (in a sense, debtors) are reduced, so will the incomes of creditors/ bond-holders increase, but the aggregate position of the community will, nevertheless, remain the same. However, internal debt may involve a direct real burden on the community according to the nature of the series of transfer of incomes from tax payers to the public creditors. To the extent the tax-payers and the bond-holders are the same, the distribution of wealth will remain unaltered; hence there will not be any net real burden on the community. yourarticlelibrary
    1
  44. You don’t even know how to read your figures properly Where were you educated? Type into a search engine “Chinese EXTERNAL debt “
    1
  45. External Debt in China decreased to 24527.60 USD Hundred Million in 2022 from 27465.60 USD Hundred Million in 2021. External Debt in China averaged 6541.43 USD HML from 1985 until 2022, reaching an all time high of 27465.60 USD HML in 2021 and a record low of 158.28 USD HML in 1985. Trading economics
    1
  46. List of countries by external debt China. 2.45 trillion Wikipedia
    1
  47. The gap is coming from Chinese Internal debt being lumped in with its Sovereign external debt Top that off with the guy not being able to read or understand the facts and figures infront of him And then people wonder why Some former factory worker making a dollar a day is pricing them out of their housing market these days
    1
  48. You want to know how we know the USA has internal debt? Go back to the original homepage where these is a broad overview and breakdown of all the US Debt
    1
  49. External Debt in China External debt was 13.6% of GDP in China in 2022, compared to 8.9% of GDP ten years earlier. External debt averaged USD 13.9% of GDP over the past decade, which was below the Asia-Pacific average of 26.7% Focus economics
    1
  50. If we are going to include Chinese corporate debt 👇 Outstanding value of corporate debt securities in the United States From a total of almost 19.6 trillion U.S. dollars in Q1 2018, by Q2 2022 this value had climbed to approximately 23.9 trillion U.S. dollars. Statista
    1