Comments by "" (@advancetotabletop5328) on "China Observer" channel.

  1. And China‘s sending its youth into rural areas for not-re-education. I’m sure that will improve China‘s semi-conductor industry.
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  2. “ It is the world's largest technology manufacturer and service provider. While headquartered in Taiwan, the company earns the majority of its revenue from assets in mainland China and is one of the largest employers worldwide” — Wiki. Surprised Foxconn still remained in China up to now, considering how much sabre-rattling China has had for decades, now. I guess China‘s anti-foreign business policies are finally paying off. Enjoy your recession, inflation, food imports, energy imports, raw material imports, and soon water imports, China.
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  3. With China (and India) picking sides with Russia, what US or EU company would want to be associated with them — well, aside from Apple — especially during a worldwide recession? China imports food, energy, and soon enough, water. China exports cheap junk — er, manufactured goods — many of which are not entirely necessary (eg. Amazon :P If Americans and Europeans are spending their money only on food, energy, and rent, that doesn‘t leave them much for imports.
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  4. I remember last year the CCP saying they would focus on manufacturing and, even before the pandemic, domestic consumption. Neither of those are working out, either.
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  5. Any coverage of China‘s nuclear energy and arms? Keep up the hard work!
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  6. Worldwide recession. In the USA, Walmart‘s reporting higher income shoppers. I remember decades ago reading about China‘s intentinns for a domestic consumption economy, and last year’s intention to focus on manufacturing. Doesn’t seem to be panning out.
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  7. You will believe tofu dregs can fly. Well, for around a month. :D
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  8. I prefer the words, “slowly dying”.
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  9. Don’t forget those silver and copper businesses whose metals mysteriously disappeared!
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  10. 2:25 : You know when someone recommends the IPhone 14 over your product, you‘re in trouble. :D
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  11.  @Tacit_Tern  > The real century of humiliation began with Mao. Mao's attack on India in 1962 made India an enemy, instead of an ally. That didn't work out so well, either!
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  12. China, Russia, and other countries have had decades to displace the dollar. The only currency to do so is the Euro, which is hardly a BRICS currency.
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  13. Most developing countries go through three stages: Agriculture, Industry, and Service. China is stuck at the Industry stage, because of CCP ties to businesses indunstry. As a result, money spent for China‘s GDP is through infrastructure, not domestic consumption. which happens in a Service economy. I remember business articles decades ago saying that China will increase its domestic consumption. And Xi’s push for well-educated youths implies he expected China to be in a Service economy now. But, as you can see from the video — as well as the CCP’s no longer releasing unemployment data — there is little domestic consumption, a sign of China‘s failure to reach a Service economy.
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  14. Another YT video mentioned how Chinese netizens were fine with Walmart leaving b/c they have local groceries. Wonder how fine they will be when they realize the foreign money is gone.
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  15. Alienate foreign investors — and regional neighbors. What could possibly go wrong?
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  16. @d: USA and the west hold the most gold in th world.
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  17. CCP has already done a lot to destroy their environment (not to mention freshwater supply).
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  18. He's had to reduce prices on Teslas and their stock dropped 9% in a day. Now, there's a slap!
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  19. And the only competitor to the dollar is the EU — another western currency.
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  20. If this was an isolated incident, it would be less of a concern. But all these different videos of different aspects of China‘s econom, when taken as a whole, show problems with China’s economy.
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  21. Definitely look up the desertification of Northern China. Beijing is about about as dry as Saudi Arabia, but has a much higher population.
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  22. At least they stopped in 2009, which was right after the Lehman Brothers collapse, which led to a recession in the USA. Things are getting worse with the current worldwide recession, not just tourism, but manufacturing. Interesting times, China.
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  23. Which reminds me. Warehouses were commit fraud for bank loans by using the same metal collateral for multiple bank loans. (The banks did not investigate if the collateral had already been used.) This happened all the way back in 2014. This was in China, but, as others have said, not hard to find warehouse metal scams elsewhere.
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  24. CCP as usual.
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  25. @evan: With the recession and inflation, Americans can’t afford food and energy, neither of which China exports.
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  26. @Shane: I bet you think Mao‘s GLF was BS, too.
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  27. Total Pon-Xi scheme!
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  28. Also, see the 5G China rollout, and the businemen who scammed the CCP with their chip businesses. (Search on “China chip scam”.) USA is subsidizing chip manufacturing (and must be paying a hefty military price for Taiwan), but at least we‘ll — hopefully — see results. Me, I remember the days when cars didn’t have computer chips, and you could fix them yourself! :P
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  29. M&M also notes that China‘s economy is stuck in the industrial age of economic development (comes after agricultural, and before service), b/c individuals in the CCP have close ties to industrial companies.
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  30. So much for Modern Monetary Theory. Which certain USA politicians embrace as well. And the USA has been printing too much money under Quantitative Easing. The slow increase of interest rates under Quantatitve Tightening is too slow and we certainly are heading into a recession. But that sure won’t mean China‘s recession will be any easier — especially with USA and EU being their largest trading partner.
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  31. fwiw, Japan has their annual “Lucky Bags” and the USA used to have “grab bags” of whatever merchandise they couldn‘t move. Now, we just call them “subscription boxes” and “subscription meal kits”. :D
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  32. The EU was about it. Countries for decades have talked about replacing the USD and it still hasn’t happened yet. I’ll believe it when I see it.
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  33. They are. Enjoy your recession!
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  34. Militarily, there might be no difference.
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  35. With the recession, it’s a little easier to do that. :/
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  36. Well, we‘re finding out now…!
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  37. I wouldn’t want to be anywhere nearby when the “truth” happens. :/
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  38. Like everything else Made in China, e’ll get to the point where it’s cheaper to buy a new Chinese EV than repair one. That’ll help the environment, won’t it? :/
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  39. What’s in that Tired Bull drink? 5mg of melatonin? :D
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  40. Could be — doesn‘t need to be built quickly to be built poorly.
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  41. Lithium: Whenever you ship Lithium batteries, put a WARNING label on the box with a battery on FIRE. Also Lithium: Let’s put these in cars so they explode just like they do in those Hollywood movies. Keep up the videos!
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  42. @U: I was seeing abandoned shopping mall pics in 2005, and you‘ve seen the empty business fairs (for foreign business customers) recently. So not surprised more stores are close, airports or otherwise.
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  43. The other lever, spend money like mad men, broke. :D
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  44. Not to mention food poisoning, substandard food, etc.
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  45. Another video says that these bonds will be paid off — in bonds, with worse terms, no less. Yep, if you think bond holders will continue to buy local government bonds when they know the rules will change against them… well, wanna buy some bonds? :D
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  46. Agreed. Reminds me of San Francisco. I wonder if Gavin is still admiring his picture of him and Xi during their visits.
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  47. @CS : India’s not threatening democratic countries, nor is it hostile towards foreign businesses.
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  48. They also know how to pollute as well!
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  49. That one’s hysterical. What I think happened in that he intentionally plugged in the cable to charge the power bank into his phone! You’re supposed to use a different cable to plug into a USB port or something?
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  50. And remember the Covid quarantines. This prevented farmers from selling their crops in neighboring villages, resulting in losses of perishable food. China also has regular swine and avian flus, resulting in losses for their meat industries. I’d really like to see a documetary-style look at China‘s farms over the years, starting when Covid broke out.
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