Comments by "D W" (@DW-op7ly) on "CNBC International Live" channel.

  1. MSM and people like him are purposefully misleading these days That Chinese debt is mostly Internal debt Where they have little external debt Notice how when the do the China va US debt comparisons they leave out the US internal debt But lump in all Chinese debt If they were to include US internal debt with that 34 trillion US external sovereign debt You would have 3 trillion in Local and State debt Non Financial Corporate debt 11 trillion Cooorate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion Unfunded Liabilities 212 trillion Nominal amount of Derivatives bets by the TooBigTooFail Investment banks 200 trillion šŸ‘† But then no one gives a sheeet because that is internal debt and if all else fails you borrow externally to cover that debt you donā€™t sweep under the table Where the Chinese stick their debt (mostly internal debt to boot) on the Corporations and Local Governments The USA sticks itā€™s debt on the ā€œpeopleā€ Btw who also had no problems taking internal debt not backed by the US Federal Government turning it into external Sovereign debt
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  2. MSM and people like him are purposefully misleading these days That Chinese debt is mostly Internal debt Where they have little external debt Notice how when the do the China va US debt comparisons they leave out the US internal debt But lump in all Chinese debt If they were to include US internal debt with that 34 trillion US external sovereign debt You would have 3 trillion in Local and State debt Non Financial Corporate debt 11 trillion Cooorate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion Unfunded Liabilities 212 trillion Nominal amount of Derivatives bets by the TooBigTooFail Investment banks 200 trillion šŸ‘† But then no one gives a sheeet because that is internal debt and if all else fails you borrow externally to cover that debt you donā€™t sweep under the table Where the Chinese stick their debt (mostly internal debt to boot) on the Corporations and Local Governments The USA sticks itā€™s debt on the ā€œpeopleā€ Btw who also had no problems taking internal debt not backed by the US Federal Government turning it into external Sovereign debt
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  3. Yet they take trade protectionism in the EU these days
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  4. Housing Should Be for Living In, Not for Speculation, Xi Says Says housing supply will be supplemented by multiple policies Reference closely echoes language issued by panel in December By Bloomberg News October 17, 2017 at 9:49 PM PDT Updated on October 18, 2017 at 2:22 AM PDT
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  5. Btw what Country do you live in? has your country not tried to curb Chinese investment into your own real estate markets? You should argue how itā€™s not fair to the less well off (investors for now) but potential Chinese immigrants/permanent residents who are just buying their first home in your country
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  6. India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 šŸ‘‡ India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
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  7. The Commie invasion of Vietnam was never about colonization of Vietnam and you know it šŸ‘‡ Sino-Vietnamese conflicts (1979ā€“1991) When the Chinese People's Liberation Army (PLA) withdrew from Vietnam in March 1979 after the war, China announced that they were not ambitious for "any square inch of the territory of Vietnam".[3] However, Chinese troops occupied an area of 60 square kilometres (23 sq mi), which was disputed land controlled by Vietnam before hostilities broke out.[4] In some places such as the area around Friendship Gate near the city of Lįŗ”ng SĘ”n, Chinese troops occupied territories which had little military value but important symbolic value. Elsewhere, Chinese troops occupied the strategic positions of military importance as springboards to attack Vietnam.[5] The Chinese occupation of border territory angered Vietnam, and this ushered in a series of border conflicts between Vietnam and China to gain control of the area. These conflicts continued until 1988, peaking in the years 1984ā€“1985.[6] By the early 1990s, along with the withdrawal of Vietnam from Cambodia and the dissolution of the Soviet Union, the relationship between the two countries gradually returned to normality. By 1991, the two countries proclaimed the normalization of their diplomatic relations, thereby ending the border conflicts. Wikipedia
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  8. Yes I fully expect the west to get Australia to put up trade barriers
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  9. Ā @s-qc9nsĀ  No itā€™s the Americans people inciting the Filipinos šŸ‘‡ The Americans reminded the Philippines at its independence in 1946 that the Spratlys was not Philippine territory, both to not anger Chiang Kai-shek in China and because the Spratlys were not part of the Philippines per the 1898 treaty Spain signed with America.[38] Wikipedia
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  10. MSM and people like him are purposefully misleading these days That Chinese debt is mostly Internal debt Where they have little external debt Notice how when the do the China vs US debt comparisons they leave out the US internal debt But lump in all Chinese debt If they were to include US internal debt with that 34 trillion US external sovereign debt You would have 3 trillion in Local and State debt Non Financial Corporate debt 11 trillion Corporate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion Unfunded Liabilities 212 trillion Nominal amount of Derivatives bets by the TooBigTooFail Investment banks 200 trillion šŸ‘† But then no one gives a sheeet because that is internal debt and if all else fails you borrow externally to cover that debt you donā€™t sweep under the table Where the Chinese stick their debt (mostly internal debt to boot) on the Corporations and Local Governments The USA sticks itā€™s debt on the ā€œpeopleā€ Btw who also had no problems taking internal debt not backed by the US Federal Government turn it into external Sovereign debt backed by the ā€œpeopleā€
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  11. For China what was most important was to reign in their overheated real estate market. Which after 14 years where they started to crackdown in 2010 they finally did it Loads of FDI from the outside world would create overheating markets again Plus they have so many tools 3 trillion in FX reserves (estimated another 3 trillion hidden reserves ) Hidden Gold reserves 2 times the size of the USA. The ability to make and hide internal debt. And low external debt amount they can borrow on etc etc Plus ā€œSophisticated Foreign Investorsā€ just got burnt by buying the Junk Bonds of Chinese Property Developers But with that said yes Chinese stock market has no market makers where only 14% of the Chinese population invest in stocks. 85% of the trades are done by retail mom and pops. Where 67% have less than a high school graduation. 81% trade at least once a month That should tell anyone that their bear markets will get oversold and their bull markets overbought
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  12. The USA imports 50% of its food And itā€™s well known the Chinese are starting to eat more varieties of food as their income grows Btw without China/Russia/Belarus producing the worldā€™s fertilizers. There would be no food to grow crops/to feed farm animals Plus China has a ace in the hole šŸ‘‡ Chinaā€™s Control of the Mekong Whether through its own dams or the financing and construction of dams in other countries, China is largely in the driverā€™s seat when it comes to the Mekong. The Mekong enables Vietnam to be the world's second largest coffee producer and third largest rice exporter The Diolomat šŸ‘‡ Winding almost 3,000 miles from the Tibetan plateau down to the South China Sea, the Mekong River boasts the world's largest inland fishery. It accounts for up to 25 percent of the global freshwater catch and provides livelihoods for tens of millions of people. World Wildlife
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  13. China Is Winning the Race for Water Security in Asia Great power competition in Asia is not only about control of critical waterways in the South China Sea, but also about who controls Asiaā€™s fresh water. The future of Asiaā€™s waterā€”upon which about four billion people dependā€”lies in Chinaā€™s hands. Through its presence in Tibet, China controls the headwaters of ten of the eleven major rivers of Asia. So far, China has taken a relatively cooperative approach to sharing water with its neighbors as part of the systematic consolidation of its ā€œsoft powerā€ over downstream countries. But climate change and rapid growth are threatening to upset this delicate diplomatic balance. What happens when Chinaā€™s own thirst outpaces its resources? And how will Chinaā€™s choices affect U.S. interests in the strategic Asia-Pacific region? NewSecurityBeat
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  14. Yes local Governments for example could start charging property taxes The smart people would have moved already Still a lot better than western countries sticking that debt into their Sovereign external debt. Even then take the US Internal debt at 300 trillion. Where they have already borrowed 34 trillion externally At least the Chinese could go borrow externally if all else fails The USA is where people should be worried if itā€™s about debt šŸ‘‡ China's Creative Accounting: How It Buried Its Debt and Forged Ahead with Stimulus China has a history of taking debt off its books and burying it, which should prompt us to poke and prod its numbers. If we go back to the last time China cooked the national books big time, during the Asian currency crisis of 1997, we can get an idea of where its debt might be hidden now. The majority of bank loans, says Jubak, went to state-owned companies -- about 70% of the total. The collapse of China's export trade following the crisis meant that its banks were suddenly sitting on billions in debts that were clearly never going to be paid. But that was when China's largest banks were trying to raise capital by selling stock in Hong Kong and New York, and no bank could go public with that much bad debt on its books. The creative solution? The Beijing government set up special-purpose asset management companies for the four largest state-owned banks, the equivalent of the "special purpose vehicles" designed by Wall Street to funnel real estate loans off U.S. bank books. The Chinese entities ultimately bought $287 billion in bad loans from state-owned banks. To pay for the loans, they issued bonds to the banks, on which they paid interest. The state-owned banks thus got $287 billion in toxic debt off their books and turned the bad loans into an income stream from the bonds. Sound familiar? Wall Street did the same thing in the 2008 bailout, with the U.S. government underwriting the deal. The difference was that China's largest banks were owned by the government, so the government rather than a private banking cartel got the benefit of the arrangement. According to British economist Samah El-Shahat, writing in Al Jazeera in August 2009: China hasn't allowed its banking sector to become so powerful, so influential, and so big that it can call the shots or highjack the bailout. In simple terms, the government preferred to answer to its people and put their interests first before that of any vested interest or group. And that is why Chinese banks are lending to the people and their businesses in record numbers. In the US and UK, by contrast: banks have captured all the money from the taxpayers and the cheap money from quantitative easing from central banks. They are using it to shore up, and clean up their balance sheets rather than lend it to the people. The money has been hijacked by the banks, and our governments are doing absolutely nothing about that. In fact, they have been complicit in allowing this to happen HuffPost
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  15. China would need to reform their stock market. Market Makers to start And would need to get rid of the 70% of the mom and pop investors who never even finished high school
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  16. Yes local Governments for example could start charging property taxes The smart people would have moved already Still a lot better than western countries sticking that debt into their Sovereign external debt. Even then take the US Internal debt at 300 trillion. Where they have already borrowed 34 trillion externally At least the Chinese could go borrow externally if all else fails The USA is where people should be worried if itā€™s about debt šŸ‘‡ China's Creative Accounting: How It Buried Its Debt and Forged Ahead with Stimulus China has a history of taking debt off its books and burying it, which should prompt us to poke and prod its numbers. If we go back to the last time China cooked the national books big time, during the Asian currency crisis of 1997, we can get an idea of where its debt might be hidden now. The majority of bank loans, says Jubak, went to state-owned companies -- about 70% of the total. The collapse of China's export trade following the crisis meant that its banks were suddenly sitting on billions in debts that were clearly never going to be paid. But that was when China's largest banks were trying to raise capital by selling stock in Hong Kong and New York, and no bank could go public with that much bad debt on its books. The creative solution? The Beijing government set up special-purpose asset management companies for the four largest state-owned banks, the equivalent of the "special purpose vehicles" designed by Wall Street to funnel real estate loans off U.S. bank books. The Chinese entities ultimately bought $287 billion in bad loans from state-owned banks. To pay for the loans, they issued bonds to the banks, on which they paid interest. The state-owned banks thus got $287 billion in toxic debt off their books and turned the bad loans into an income stream from the bonds. Sound familiar? Wall Street did the same thing in the 2008 bailout, with the U.S. government underwriting the deal. The difference was that China's largest banks were owned by the government, so the government rather than a private banking cartel got the benefit of the arrangement. According to British economist Samah El-Shahat, writing in Al Jazeera in August 2009: China hasn't allowed its banking sector to become so powerful, so influential, and so big that it can call the shots or highjack the bailout. In simple terms, the government preferred to answer to its people and put their interests first before that of any vested interest or group. And that is why Chinese banks are lending to the people and their businesses in record numbers. In the US and UK, by contrast: banks have captured all the money from the taxpayers and the cheap money from quantitative easing from central banks. They are using it to shore up, and clean up their balance sheets rather than lend it to the people. The money has been hijacked by the banks, and our governments are doing absolutely nothing about that. In fact, they have been complicit in allowing this to happen HuffPost
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  17. If they were to include US internal debt with that 34 trillion US external sovereign debt You would have 3 trillion in Local and State debt Non Financial Corporate debt 11 trillion Personal/Household debt of 17.5 trillion Corporate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion TooBigTooFail Investment banks Derivatives Bets (notational value) 200 trillion Unfunded Liabilities 212 trillion
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  18. Stop parroting MSM on Chinese debt This is how you know you are being programmed That Chinese debt is mostly Internal debt Where they have little external debt 2.6 trillion Notice how when the do the China vs US debt comparisons they leave out the US internal debt But lump in all Chinese debt If they were to include US internal debt with that 34 trillion US external sovereign debt You would have 3 trillion in Local and State debt Non Financial Corporate debt 11 trillion Personal/Household debt of 17.5 trillion Corporate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion TooBigTooFail Investment banks Derivatives Bets (notational value) 200 trillion Unfunded Liabilities 212 trillion But then no one says anything because that is internal debt that can be either swept under the table or borrowed on externally
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  19. Obviously China is doing well in its export sectors But itā€™s cracking down on its real estate sector Thatā€™s going to slowdown the economy The haters are going to call it a crash
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  20. Thatā€™s about it they are cracking down on real estate speculation itā€™s not a hard concept to understand Thatā€™s why you in the west have to live in a home with 20 roommates
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  21. Yes China needs foreign aid it has collapsed Even though China is investing trillions into its belt and road parter countries? Its exports are up 7.1% for the first 2 months of 2024 It still has a 800 billion a year trade surplus with the world Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 šŸ‘‡ Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 ā€” Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts
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  22. They have spent 14 years trying to deflate the bubbble they will not try and stimulate the economy like they did in 2008 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 Thatā€™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, health, education and even marriage prospects donā€™t have a house you donā€™t get married 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
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  23. China's Creative Accounting: How It Buried Its Debt and Forged Ahead with Stimulus * China has a history of taking debt off its books and burying it, which should prompt us to poke and prod its numbers. If we go back to the last time China cooked the national books big time, during the Asian currency crisis of 1997, we can get an idea of where its debt might be hidden now. The majority of bank loans, says Jubak, went to state-owned companies -- about 70% of the total. The collapse of China's export trade following the crisis meant that its banks were suddenly sitting on billions in debts that were clearly never going to be paid. But that was when China's largest banks were trying to raise capital by selling stock in Hong Kong and New York, and no bank could go public with that much bad debt on its books. The creative solution? The Beijing government set up special-purpose asset management companies for the four largest state-owned banks, the equivalent of the "special purpose vehicles" designed by Wall Street to funnel real estate loans off U.S. bank books. * Sound familiar? Wall Street did the same thing in the 2008 bailout, with the U.S. government underwriting the deal. The difference was that China's largest banks were owned by the government, so the government rather than a private banking cartel got the benefit of the arrangement. According to British economist Samah El-Shahat, writing in Al Jazeera in August 2009: China hasn't allowed its banking sector to become so powerful, so influential, and so big that it can call the shots or highjack the bailout. In simple terms, the government preferred to answer to its people and put their interests first before that of any vested interest or group. And that is why Chinese banks are lending to the people and their businesses in record numbers. In the US and UK, by contrast: banks have captured all the money from the taxpayers and the cheap money from quantitative easing from central banks. They are using it to shore up, and clean up their balance sheets rather than lend it to the people. The money has been hijacked by the banks, and our governments are doing absolutely nothing about that. In fact, they have been complicit in allowing this to happen. HuffPost
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  24. Yes You are just now learning you have been drinking the Kool aid they feed you Like those typical dium down American these days Like I said to others They take great pains to separate US internal Debt and US external Debt only talking about that 34 trillion in Sovereign External debt Only using it when they make comparisons with Chinese debt While lumping all Chinese debt together If they were to include US internal debt with that 34 trillion US External Sovereign Debt ????? You would have 3 trillion in Local and State debt Non Financial Corporate debt 11 trillion Personal/Household debt of 17.5 trillion Corporate debt securities 23 trillion SS liability 26 trillion Medicare Liability 40 trillion TooBigTooFail Investment banks Derivatives Bets (notational value) 200 trillion Unfunded Liabilities 212 trillion The real irony is I can tell you donā€™t believe a single word MSM tells you Unless itā€™s about them commies then you believe every word
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  25. Stop buying foreign made gas guzzlers
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  26. Vietnam has a trade deficit with China as well
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  27. Ā @qwertyuiop2994Ā  The real problem is for years we complained China was the number 1 polluter in the world Now that they are investing into green, clean, renewable The complaint is subsidies and overcapacity šŸ™„šŸ™„šŸ™„šŸ™„ šŸ‘‡ JANUARY 30, 2023 3 MIN READ China Invests $546 Billion in Clean Energy, Far Surpassing the U.S. China accounted for nearly half of the world's low-carbon spending in 2022, which could challenge U.S. efforts to bolster domestic clean energy manufacturing Nearly half of the world's low-carbon spending took place in China, according to a recent analysis from market research firm BloombergNEF. The country spent $546 billion in 2022 on investments that included solar and wind energy, electric vehicles and batteries. Scientific American šŸ‘‡ Analysis: Clean energy was top driver of Chinaā€™s economic growth in 2023 Other key findings of the analysis include: Clean-energy investment rose 40% year-on-year to 6.3tn yuan ($890bn), with the growth accounting for all of the investment growth across the Chinese economy in 2023. Chinaā€™s $890bn investment in clean-energy sectors is almost as large as total global investments in fossil fuel supply in 2023 ā€“ and similar to the GDP of Switzerland or Turkey. Including the value of production, clean-energy sectors contributed 11.4tn yuan ($1.6tn) to the Chinese economy in 2023, up 30% year-on-year. Clean-energy sectors, as a result, were the largest driver of Chinaā€™ economic growth overall, accounting for 40% of the expansion of GDP in 2023. Without the growth from clean-energy sectors, Chinaā€™s GDP would have missed the governmentā€™s growth target of ā€œaround 5%ā€, rising by only 3.0% CarbonBrief šŸ‘‡ šŸ‘‡ Fossil Fuel Subsidies Surged to Record $7 Trillion Scaling back subsidies would reduce air pollution, generate revenue, and make a major contribution to slowing climate change IMF
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  28. Ā @qwertyuiop2994Ā  ā€‹ā€‹ā is that the f ache indignation you a Americans tell yourself????? šŸ‘‡ Ford Gets $9.2 Billion to Help US Catch Up With Chinaā€™s EV Dominance Bloomberg
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  29. Ā @qwertyuiop2994Ā  A bailout is even worse in American Capitalism šŸ‘‡ A Ford TV ad slams competitors for accepting bailout funds, even though the companyā€™s CEO lobbied for the bill. The company ā€” the only one of the Big Three not to receive a bailout ā€” feared a collapse of GM and Chrysler at the time would have hurt suppliers and, in turn, Ford itself. Ford Chief Executive Officer Alan R. Mulally also asked Congress for a ā€œcredit lineā€ of up to $9 billion in case the economy worsened. In other words, Ford was for government bailouts before it was against them. Although Ford did not need money from the $80 billion bailout program, Ford did receive $5.9 billion in government loans in 2009 to retool its manufacturing plants to produce more fuel-efficient cars, and the company lobbied for and benefited from the cash-for-clunkers program ā€” contrary to the adā€™s testimonial that Ford is ā€œstanding on their own.ā€ FactCheck
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  30. Ā @tooltalkĀ  ā€‹ā€‹ā  What most people donā€™t get? Is yes in ā€œmostā€ cases when you go to China to sell into their domestic markets you have to take a Joint Venture (JV) partner But in ā€œmostā€ cases when you go to China to open up a factory, and export those goods back to your own country /the EU you donā€™t have to take on a JV partner It is mostly your own European multinationals making the lions share of the profits (who stocks are listed on your stock exchanges and in your own European stock portfolios and Pension funds) They are the ones sending you those goods and services, inflating that trade deficit you have with China Not only that, these multinational companies derive a huge amount of profits. While based in China selling to Chinese domestic consumers We are just lucky they donā€™t just boot these foreign companies, as they donā€™t believe in zero-sum game type of thinking šŸ‘‡ Europe's listed firms expect to glean $514 billion in revenue from China LONDON (Reuters) - European listed firms expect to receive 449 billion euros (Ā£392 billion) in total revenue from China in 2019, with luxury brands and automakers the most exposed sectors, a Refinitiv analysis of company data shows. The data underscores the role China's burgeoning middle class is increasingly playing in determining the corporate and economic health of Europe, as concerns grow that their spending has slowed as Chinese economic growth cools. Among the pan-European STOXX 600 index, consumer firms including Swatch, Richemont and BMW, derived the biggest chunk of revenues from China - with a total of 120 billion euros sales from the country, the analysis based on companies' estimates of their 2019 revenue shows. Reuters
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  31. Chinese EVs are not even in the USA not sure what you are babbling about šŸ‘‡ Chinese had virtually no chip making ability/foundries 6 years ago Now they are going after legacy chip markets šŸ‘‡ How Close Is China to World Dominance in Legacy Semiconductors? 27-02-2024 | By Paul Whytock * Bread and Butter Technology Obviously, China would like to be a major player when it comes to high-end sophisticated semiconductor devices, but that doesnā€™t mean they are not interested in the bread-and-butter end of the market, particularly when it comes to legacy products. In fact, they are very interested in the legacy market, and there are some very good reasons why. Legacy devices make up a huge amount of global chip sales. Most chips manufactured today are not advanced chips but legacy chips, and around 71% of devices * China's Aggressive Expansion in the Semiconductor Industry In September 2023, Reuters reported that China was set to launch a new state-backed fund aimed at raising about ā‚¬43bn to support its chip industry, and according to research analysts, the Rhodium Group, in less than ten years, China is expected to domestically add nearly as much 50ā€“180nm wafer manufacturing capacity as the rest of the World. The views of industry analysts and observers vary, but generally speaking, itā€™s thought that 22 wafer fabs are being built in the country, and there is an overall plan to create a total of 30 new wafer fabrication plants. Many of these will concentrate on the production of legacy devices. As for market share, industry intelligence gatherers Trendforce believe Chinaā€™s legacy chip manufacturing base could provide as much as 30% of the global demand for older devices. ElectroPages
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  32. Wake-Up Call': China Leads in 37 Out of 44 Critical Technology Sectors, Says Report The Australian Strategic Policy Institute has pointed out that only seven of the 44 technologies analysed by its report are currently led by a democratic country, 'and that country in all instances is the US.' The Wire Staff Mar 09, 2023 New Delhi: China is far ahead of even the United States in conducting cutting-edge research in most critical technologies, especially in defence, space and security, a new report by a top Australian think tank has found. In the report published on March 2, the Australian Strategic Policy Institute shows that China has ā€œbuilt the foundations to position itself as the worldā€™s leading science and technology superpower, by establishing a sometimes stunning lead in high-impact research across the majority of critical and emerging technology domainsā€. TheWire
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  33. Is that your made up Malay excuse to justify racism against the ethnic Chinese & Indians in your country ??? Bumiputera policies were in place since the 1970s Most countries including even China give special rights and privileges to their minorities You Malays? had to and still have to To some extent handicap your minorities because you canā€™t compete
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  34. These is now a 27 book series on what the Chinese invented first that says the world stole from them šŸ‘‡ Why was China erased from Western memory The remarkable history of Chinese invention - Why was China erased from Western memory? Article by 龙äæ”꘎ Introduction Joseph Needham was an English medical doctor and biologist, teaching in England in the 1930s. By an accident of fate he acquired some Chinese students, and was intrigued to hear their claims of so many medical and scientific discoveries having originated in China, rather than in the West. Needham became fully fluent in Chinese, and eventually moved to China in 1942 to investigate these claims and to research the entire history of Chinese invention. That work led to an astonishing voyage of historical discovery. Needham originally planned to write a book cataloguing Chinese inventions, but his first volume barely scratched the surface of his subject. He slowly gatherred many of his students into this enterprise, and they eventually wrote a collection of 26 books, to catalog the history of Chinese discovery. Myth and Misrepresentation It leaves one speechless to learn the vast extent of things invented by the Chinese many hundreds of years, and often several millennia, before they appeared in the West. MySingaporeBlogSpot
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  35. These is now a 27 book series on what the Chinese invented first that says the world stole from them šŸ‘‡ Why was China erased from Western memory The remarkable history of Chinese invention - Why was China erased from Western memory? Article by 龙äæ”꘎ Introduction Joseph Needham was an English medical doctor and biologist, teaching in England in the 1930s. By an accident of fate he acquired some Chinese students, and was intrigued to hear their claims of so many medical and scientific discoveries having originated in China, rather than in the West. Needham became fully fluent in Chinese, and eventually moved to China in 1942 to investigate these claims and to research the entire history of Chinese invention. That work led to an astonishing voyage of historical discovery. Needham originally planned to write a book cataloguing Chinese inventions, but his first volume barely scratched the surface of his subject. He slowly gatherred many of his students into this enterprise, and they eventually wrote a collection of 26 books, to catalog the history of Chinese discovery. Myth and Misrepresentation It leaves one speechless to learn the vast extent of things invented by the Chinese many hundreds of years, and often several millennia, before they appeared in the West. MySingaporeBlogSpot
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  36. India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 šŸ‘‡ India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
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  37. Most analysts have taken a bearish view on China... Many who probably advised people on those Property Developer Junk Bonds. Where the Chinese Government didn't step into back those Junk bonds
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  38. Ā @kenw.4539Ā and more innovative
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  39. Probably a good call now Yes Chinese Stock markets are considered a casino They have no market makers only 14% of the people invest in stocks 85% of the trades are made by mom and pop retailers 81% trade atleast 1 time a month 67% have less than a high school education etc etc etc BUT What it should tell you is with all these types of people in their markets? You will get overbought and oversold bu..ll and bear markets
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  40. Why do you even watch CNBC then? you obviously have someone else do your trading for you in a mutual fund. Just wait for quarterly statements Yes Chinese Stock markets are considered a casino They have no market makers only 14% of the people invest in stocks 85% of the trades are made by mom and pop retailers 81% trade atleast 1 time a month 67% have less than a high school education etc etc etc BUT What it should tell you is with all these types of people in their markets? You will get overbought and oversold bu..ll and bear markets
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  41. @TeeHee-vo1bn ā€‹ā€‹ā Japan and the USA complained to the WTO That China was cutting off rare earths šŸ™„ And what are you talking about The incident was resolved thus why it ended
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  42. @TeeHee-vo1bn What most people donā€™t get? Is yes in ā€œmostā€ cases when you go to China to sell into their domestic markets you have to take a Joint Venture (JV) partner And in ā€œmostā€ cases when you go to China to open up a factory, and export those goods back to your country you donā€™t have to take on a JV partner These days ????? What most people donā€™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 in their Chinese factories, 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 ā€œmoreā€ or ā€œbetterā€ 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 atā€¦. Why didnā€™t China pull the nuclear trade option and boot these US companies you might ask? They donā€™t believe in a zero sum game type of thinking As I can show you during the trade war. China didnā€™t pull out their big trade weapons, in fact they were lowering tariffs to most countries not raising them šŸ‘‡ Trumpā€™s ā€˜trade warā€™ with China wonā€™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). Trumpā€™s team is not wrong to be worried about Chinaā€™s competitive emergence here, and to target these new-tech sectors in the latest trade war sortie. But hereā€™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 ā€“ many embraced by the Belt and Road initiative ā€“ where China has succeeded in building a hi-tech, high-value brand reputation. As Trumpā€™s team will quickly learn, the challenge of finding Chinaā€™s pain points is bigger than expected: for a decade Chinaā€™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
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  43. Ā @Rayjack-m9oĀ  yes America was able to refine rare earths But i recently was corrected on the fact this was not refinement of ā€œheavy rare earthsā€
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  44. 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 Thatā€™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, health, education and even marriage prospects donā€™t have a house you donā€™t get married 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
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  45. Indians have no money
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  46. Plus China was cracking down on property developers since 2010. As they cut off money flow to them If you are one of those ā€œSophisticated Foreign Investorsā€ Which you are notā€¦. who bought their Property Developers ā€œJunk Bondsā€ these last few years you only have yourself to blame
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  47. Huge Price Cuts Rumored From Chinese Developers Due To Collapsing Demand Vincent Fernando, CFA May 29, 2010 Demand is falling since China's central government announced stricter regulations for property transactions during the middle of April. These involve higher down payments and mortgage rates for the purchase of second home, and act which is seen as potential speculation. Such tightening is reducing buying demand. Thus a moderately bearish view is that property prices need to come down, since demand is likely down yet supply is the same. This challenge isn't limited to Shanghai: China Vanke Co, the country's largest publicly listed developer, may cut apartment prices by 10 to 30 percent within three months, the Beijing News said yesterday, citing an unidentified sales agent. Local Vanke officials declined to comment yesterday. Yet Shanghai is where things could get the ugliest, the earliest. This is because the local Shanghai government is planning to clamp down on speculation even harder than China's central government already has: Chen Qiwei, a spokesman for the Shanghai municipal government, did not preclude the possibility of levying property tax when asked about this issue at a press conference on Friday. "Shanghai will take more strict measures in line with the central government policy," Chen said, adding that more efforts will be made in building economically affordable houses and cracking down on speculative house purchasing. Other cities such as Beijing, Chongqing, and Shenzen could have similar additional taxes, but Shanghai is the first to make an official comment such as above according to China Daily. Thing is, any action from Shanghai will likely need approval from the central government. BusinessInsider šŸ‘‡ Business Economics China Increases Banksā€™ Reserve Ratios to Cool Prices By Bloomberg News December 10, 2010 at 4:08 AM PST šŸ‘‡ China raises banks' reserve ratios again Reuters December 10, 20104:27 AM PSTUpdated 13 years ago Dec 10, 2010 ā€” The 50 basis point increase, which takes effect on Dec 20, will leave required reserve ratios at 18.5 percent šŸ‘‡ China Property Market ā€˜Bubbleā€™ Set to Burst, Xie Says By Bloomberg News February 1, 2010 at 11:51 PM PST Chinaā€™s property market ā€œbubbleā€ is set to burst as the government curbs credit growth and clamps down on speculation, according to independent economist Andy Xie. šŸ‘‡ China cracks down on speculators to cool prices BY THE ASSOCIATED PRESS NOV. 23, 2010 The government has ordered banks twice in the past three weeks to raise the amount of money they hold in reserves to rein in lending growth. šŸ‘‡ China cracks down on property speculation Source:Global Times Published: 2010 The Chinese government has raised the down payment for second-home buyers to a minimum 50 percent of the value from 40 percent, in a bid to curb property speculation. The decision was announced in a statement released Thursday after conclusion of an executive meeting of the State Council, the Cabinet, presided over by Premier Wen Jiabao, on Wednesday. First-home buyers must pay no less than 30 percent of the the property price if the area is above 90 square meters, the statement said. The government was stepping up the introduction of tax policies to influence purchases and adjust property investment returns, said the statement. Nationwide, land use for the construction of low-income housing, shanty town renovation and small and medium-sized homes (below 90 square meters) should account for at least 70 percent of the land approved for property development, the statement said. It also urged local authorities to accelerate housing construction approvals to ensure effective land supply, and crack down on land hoarding and speculatory behavior. šŸ‘‡ China attempts to deflate its unstable property bubble China is to spend $200bn on low-cost homes as part of a series of measures to slow the rapidly rising prices of urban houses Tania Branigan in Beijing Wed 9 Mar 2011 19.24 GMT Chinese officials are blaming speculators for soaring property prices and are vowing to build 36m affordable homes over the next five years. There are already widespread concerns about China's booming property market and the threat it poses to the country's expanding economy. China would spend nearly $200bn (Ā£123bn) on an affordable homes and social housing scheme, said deputy housing minister Qi Ji in Beijing . The pledge came a few days after premier Wen Jiabao promised to "resolutely" curb speculation to tackle excessively rapid price increases The authorities have taken various steps since spring last year to dampen the property market. These include raising interest rates, increasing the minimum downpayment required on second homes and restricting the rights of foreigners to buy property. Two Chinese cities are now imposing sales tax on property deals. While the measures have slowed growth, many fear it remains too high. In March 2010, urban housing prices shot up by 11.7% year-on-year, according to figures from the national bureau of statistics. December saw the lowest increase in more than a year, but it still stood at 6.4%. The Guardian
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  48. Why was China erased from Western memory The remarkable history of Chinese invention - Why was China erased from Western memory? Article by 龙äæ”꘎ Introduction Joseph Needham was an English medical doctor and biologist, teaching in England in the 1930s. By an accident of fate he acquired some Chinese students, and was intrigued to hear their claims of so many medical and scientific discoveries having originated in China, rather than in the West. Needham became fully fluent in Chinese, and eventually moved to China in 1942 to investigate these claims and to research the entire history of Chinese invention. That work led to an astonishing voyage of historical discovery. Needham originally planned to write a book cataloguing Chinese inventions, but his first volume barely scratched the surface of his subject. He slowly gatherred many of his students into this enterprise, and they eventually wrote a collection of 26 books, to catalog the history of Chinese discovery. Myth and Misrepresentation It leaves one speechless to learn the vast extent of things invented by the Chinese many hundreds of years, and often several millennia, before they appeared in the West. MySingaporeBlogSpot
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  49. IP Theft Is What Once Helped Make America Great That was certainly the case for the United States. The practice of grabbing intellectual property was a staple of U.S. economic strategy since the outset of the nationā€™s founding. The play Hamilton has brought new and deserved respect to the first secretary of the treasury. But his many economic achievements should not blind us to the fact that theft of intellectual property was a linchpin of his manufacturing strategy. RealClearMarkets
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  50. Chinese had virtually no chip making ability/foundries 6 years ago Now they are going after legacy chip markets šŸ‘‡ How Close Is China to World Dominance in Legacy Semiconductors? 27-02-2024 | By Paul Whytock * Bread and Butter Technology Obviously, China would like to be a major player when it comes to high-end sophisticated semiconductor devices, but that doesnā€™t mean they are not interested in the bread-and-butter end of the market, particularly when it comes to legacy products. In fact, they are very interested in the legacy market, and there are some very good reasons why. Legacy devices make up a huge amount of global chip sales. Most chips manufactured today are not advanced chips but legacy chips, and around 71% of devices * China's Aggressive Expansion in the Semiconductor Industry In September 2023, Reuters reported that China was set to launch a new state-backed fund aimed at raising about ā‚¬43bn to support its chip industry, and according to research analysts, the Rhodium Group, in less than ten years, China is expected to domestically add nearly as much 50ā€“180nm wafer manufacturing capacity as the rest of the World. The views of industry analysts and observers vary, but generally speaking, itā€™s thought that 22 wafer fabs are being built in the country, and there is an overall plan to create a total of 30 new wafer fabrication plants. Many of these will concentrate on the production of legacy devices. As for market share, industry intelligence gatherers Trendforce believe Chinaā€™s legacy chip manufacturing base could provide as much as 30% of the global demand for older devices. ElectroPages
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