Comments by "Kam sun Leong" (@kamsunleong6648) on "China Update" channel.

  1. Rumors of this and that. How little " China experts" know but refuse to acknowledge it. I can recall the many space experts who doubted the Chinese ability to build their own space station when they were banned from the ISS. There were the usual made in China jokes. They also developed their own global navigation system Beidou when US disrupted their GPS signals back in the nineties. These are just two examples. People forget that necessity is the mother of invention.
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  2. There is already a 3900km long natural gas pipeline linking the Eastern Siberian gas fields to China, commissioned back in 2019. It can deliver a maximum of 61 billion cubic metres of gas per annum. Its called Power of Siberia 1.
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  3. Bruh. They absolutely dominate here in Asean especially Thailand. While VW themselves together with Audi are moving their ev production to China.
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  4. BYD also sold ten times more than VW in China. If you can't dominate your own backyard, might as well close shop. Nothing to crow about.
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  5. That sounds like something the US treasury does all the time. Their debt now stands at 35 trillion dollars and growing. Doubt China follows this method.
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  6. Tell that to big corporations like VW. They just invested in their future there. Without the Chinese market they are doomed.
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  7. China isc the second largest holder of US treasury bonds. Why would they need aid from their debtor.
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  8. ​ @milo-qh7cv  US borrows from China. They are the second largest holder of US Treasury bonds, after Japan. It's US that needs to borrow.
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  9. Another China expert who has never been to China.
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  10. Most of these " bullied neighbors" are also members of China's BRI. They also count China as their largest trading partners.
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  11. That happens a lot everywhere, like here in Australia. Property developers collapsed or a few just disappear entirely, leaving their projects half completed.
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  12. Which country economy don't face huge challenges. Mine certainly does. Not exclusive to China.
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  13. Another day another doomsday report from a China expert. Lots of them around since the nineties , telling us the end is near for China. Been three decades and the end is nearer now, I suppose.
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  14. But they have a secret weapon. No need for carriers. Just float their scary weather balloons in large numbers over Alaska and watch Uncle Sam go on panic mode.
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  15. ​@statostheman The Germans were not upset when their Nordstream pipeline was sabotaged. No one was held accountable.
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  16. Quite similar to what happened during the 2008 global economic crisis. The subprime mortgage crisis leading to the collapse of the US housing market. Takeover of Freddie Mac and Fanny Mae by the US Federal authorities and the collapse of Lehman Bros etc.
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  17. Evergrande total assets= 240 billion dollars, total liabilities = 300 plus billion dollars.
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  18. Big corporations collapsing are nothing new. The subprime mortgage crisis in 2008 leading to the collapse of the US housing market is one prime example. The estimated value of these mortgages is approx USD500 billion. Did it cause their economy to collapse. Obviously no.
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  19. Yes if base on what he wants you see here. However, unless you live and work there, the reality and on the ground maybe completely different. Has this China expert done some time in China? Like living there and interacting with the business community to get the real feel of the situation.
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  20. Another dime a dozen China expert giving his doomsday report. He forgot to mention the sky in Beijing is also falling.
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  21. No bruh. They don't do that. EU is no longer able to compete. VW and Audi have announced recently they are moving their ev production to China.
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