Comments by "May L" (@MeiinUK) on "China Observer" channel.

  1.  @tonyatgoogle6076 : It's because like this, cos all the other places are either closed, or deliberately do this.. in order to force the centralised of goods.... It's like.. do you know the game of mah jong ? This is a famous game. It is a game of money, and some people call it gambling.. and it is a traditional game. But the point of the game is to play "equalise"... i.e. You need to know how to grow the pie, and to also shrink the pie as well. This is a 1000 year old game. What do you think that these people are doing ??? Think of a concentric circle... how it expands.. and then how it shrinks.. and then how to expand again.. and then shrink again... etc etc.
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  2. That is not true. Not all coal are actuall radioactive or has actual metals that falls into the radioactive areas. Some coals are fossil fuels. Obviously, this specific one in China does not seem to be so. If it was as such... then would they have needed to actually buy from Australia instead ? And it is funny how their solar panels are made from precious radioactive metals too. The rare earth kind. SO... what do you think .. I mean.. where do you think this comes from ??? It tells me that, they have not used the correct extraction methods to contain the radioactive parts during the production process etc....
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  3. There are a few ways to do things. You can have internal audits, and external audits. If you are such a large company and have had so many changes, it is then best to have an internal audit section of your company. And you need to keep strong control and checks as well.. regularly... And then, your annual external audits... need to happen. It does cost a company a lot of money, but surely.. since you are a listed company. Can you not afford this? You can afford this !... We are talking millions... so... Many companies never used to be THIS big.. before.. the fact that, China has decided to accept the size of these companies and that they want to hold onto their stock exchanges, then... What must be done, has to be done. Why feel guilty ? If you feel guilty or emotionally warped in these kind of professional work. Then don't do it. Move to another job or sectors. Cos it is what it is ! .... And you don't feel sorry for the other people, whose pension pots are tied to those stocks and shares? That is their life's savings !...
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  4.  @Spyderdeztrade  : I am not an accountant, but I am an IT consultant, that has specialised in ERP for many many years, and you can call me as a "financial systems' analyst" which is the title that I would get in the West. I also deal with and double checks the financial ledgers, and act as a technical backing support, whenever something goes wrong. As a secondary non-qualified systemic accountant. Maybe qualified to the AAT level. And yes, I have done or checked, technical audits, and have also worked in both government finances, as well as actual accountancy consultancies as well... So... It is expected mostly in the West, to have issues, cos you kind of expects it. This is why the way that you do finance, is structured the way that it is ? Every month-end, and for the USA, every quarterly-ends. It doesn't even matter, if you need to regulatorily uses a quarter-end, but you instil a strong process internally to check monthly, so that you have at least 2 to 3 opportunities yourself, to correct any mistakes. I think with large volumes like China does.. it is even better to have like tiered-upon-tiered checks. Daily, then weekly, and then monthly.. to quarterlies.. so that you catch every single one transactions. In the U K, every single position as an accountancy sector, is and has to be done by a learning and practising accountant as well. So this is not new for us here in the UK. For some reason, the US doesn't have this, but they do have things like a permanent internal audit as well. But only for very mature and older companies that often tries to transition and to pivot into a new areas, and need more hands on deck etc etc etc. So... But most people, if their finance manager thinks that something isn't quite right, it is down to them, to change the team and to double and recheck etc. Otherwise, how can they sign off? The video did say that PWC actually did not sign off their accounts.. it was "advisory" only... so... To me, it comes across like, they didn't have an actual set and strong regulatory practices any way ? So.... and I don't even understand why they do things the way they do... Cos HK used to be an actual financial centre, with investments.. and now, this kind of "state model control" is like... you are removing the actual investment banking areas... So I don't get it. Actually. Cos this isn't how things are run and done in the UK, or in the USA ?.... So... There are public money, as well as private money, and then there are institutional investment banking... which is all separate from the other two. So even if every area is "state-owned enterprises"... then... I don't get it... I don't.
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  5.  @Spyderdeztrade  : You need to remember that, many of us, used to do the manual double book keeping. As in.. literally doing an actual ledger check. And your peers, can kick you out, even if you cannot do it. A lot of people, or companies here in the UK, do not need you to take on a university degree any more. They expect you to come into the company, and to do the work, slowly but correctly. Even if you have actual manual method, you need to actually do and use the systems as well. They check your mistakes and they check your standards as well. If you failed the check and doesn't past the exams. Then you just stay in the same position, or that certain jon function, you can no longer do. So... the standards here in the UK is extremely high ? So... you need to be able to do something by hand.. even before the computers became a tool to do the same job. Also, you need the same as well... when in reality, you need to be able to know the processes, from end-to-end. It is rare, for anybody inside China.. to be able to know the end-to-end processes, cos you guys have not been exposed to it. (By right, you should not know this, at all. So.... I can see why people hack. But when you hack, you are also breaching security and attacking both yourself, and your clients too. ) I can imagine the number of systemic issues as well.. that goes on inside china. Cos... before, it was open.. and then it was closed off. Even if something has been closed off, from you.. your management, should talk to you guys and have an actual chat as well. As not to let you be stuck in your mind... at all... so... I don't think that they are classified as "auditors", more than they are and should be classified and be called as "Advisory". Advisory, is talking about the build up of possible issues, that is going to grow big.. and those areas, is expected to happen, cos you just pushed out a policy to the country, so you don't expect perfection and smooth running, would you? So this is why it is advisory. However, audit... is to have an external... arm.. somebody that you don't know... check your own work. Cos sometimes, you are inside the company, and you can have corruption between teams and between people. So that is why you would want an external audit. Random or otherwise, to check that team's work. I have had this done to my work too. We were not told... and nobody is allowed to see those individuals. But everybody is on edge, and you can of, sometimes know. It is only often gets told afterwards... So... I still remember my first audited work by Deloitte as well. German guy, he was. Came in, seems like a lot of money. But he did a thorough check. Nothing that we wouldn't have been doing otherwise, by the statutory method in doing things. And then he came with some recommendations in and on small areas. So we followed up on that. Maybe he stated the small section which we needed to know. But... he filtered the correct section for the different tier and layers. As accordingly. Really. I've since then worked for Deloitte too.Not a big deal.
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  6.  @venomlords  : The thing is, because everything happens so fast for China, mistakes can indeed occur.. which it is expected to be as so and as such too... It is when they joined the WTO that converted into the current model. I don't feel that it is all that fair, to be honest?.... And in a way, China doesn't have to literally use this as a single thing....cos... they are using high level UN level style.. monetary style.. above their own internal developments, and small banks and their so called "shadow banking".. (Which is really, the olden ways to do their own living. Which is absolutely fine?....).... Sigh... The other thing is... when foreign diplomats go into China, they expect absolute perfection. Any body out... is an actual... death penalty or whatever ?.... But at the same time.. they shouldn't use these excuses to take one another out. i.e. prosecute... And also, they shouldn't have excess babies... unwillingly.... Some people still have a concubine systems as well... which is scary. Then there is that white lady, that was taken to a Buddhist country.. she was raped by those people.. and then her baby is deformed. Cos they expected that the land is full of illnesses... and she ended up writing about her ordeal.... She too was a banker. And nobody helped her. That was crazy. She now sits in the top echeolon of monk's structures. Now people worship her like a God. A lot of people still think and assume that they could sell eurasian kids as well... A lot of that went on too. Reselling of babies, cos they know that they would be taken care of by the West. So people deliberately did it as well.. Rather than to let nature take its course...
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  7. The presenter said it wrongly.. it shouldn't be considered as profit... it is actually a loan... maybe borrowed from the central government down to the regional.. and their they are expected that it is paid back under a certain time. Some don't. Some do. I don't know if it is government money, or whether it is bank borrowed in the name of the central government. That bit is unclear. But if it is paid off.. then that region.... and those citizens could enjoy lesser fees... and just cover wages etc. It is possibly quite clever.. if the stores and shops also give a rental to the MTR as well as they are renting their space. Doing that speeds up the loan reduction. So therefore, it is less expensive for the commuter.
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  8.  @AvoidTheCadaver : This is why you need the local media. This is what they are there for. So the decisions have been taken by the actual local authorities... by that court. So then... shouldn't the stakeholders be notified??.... As in.... they themselves are noted, cos it is THEIR issue... right ??....
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  9. There should've been an actual Asian Development Bank to stop this chaos, but it did not go ahead. That is why.... and now, it is a mess. Oh... well there is one.. and it is even in more of an actual mess too... https://www.youtube.com/watch?v=1j04K83O1yg Laos ? Khyzan ?? Er... A lot of individuals are not even taught basics to raise their own country up, but women, are sold, left, right and centres too... so then, they have more kids as well.. and the list goes on and on and on etc etc etc.. It is never endless... Cos people do not even spend on actual jobs. As in, there are now pollutions, but then who should clean it up? It does not get cleaned up. Due to the chaos of so many things going on. Who would monitor the financial system? Nobody. Even Indonesian Catholics are allowed to become a 300 million existence... and children trafficking was never stopped, and no external foreign armies to stop children being kidnapped etc ???? Why ?? They did not even create an ID system either? Why ????
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  10.  @blackbelt2000  : Some of those china's regions are debt-free to begin with anyway... Sometimes, they force or allocate debts to regions when those regions have paid off their own debts. So then, for the other regions' elites "not to lose", they either rotate those civil servants, or those elites.. and cause those specific regions to have MORE debts... This is why.. when you see it from the top level down... They're a big mess.... Cos they cannot go wrong. Right ? "Last man standing". Because of these regional competition.. I bet, this is why they demolished their death penalties.. but the jailing thing about corruption.. I mean..indirectly, this is also another form of competition amongst themselves as well.
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  11.  @h5mind373  : Ohhh..... but why didn't they then merged ? Or basically do a M&A and things like that as well ? To be fair.. do you NEED to run things this way any way ? Cos frankly, there is around 1.2 billion of them... and China used to buy the American bonds as well.. and they used to pay them their fair prices as well... Continously... and now? Do not forget that.. chinese overseas people also bought their goods too. Is this why we are in an actual economic collapse ?? I had no idea whatsoever.. and now, some individuals presume that this could still happen.. but with social media.. or the tech sectors....Wow...
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  12.  @oneviwatara9384  : It has already collapsed.. many times over and over again... Why do you think that the internet exists ? And why so many articles about China is coming out of the woodwork ? Remember those eras of... when the financial sector reached HK? And there was gazillion amount of crashes in HK as well ? Often. Always ? That was not a joke.. and it was not a shorting.. it was real.... everything kind of makes sense now...
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  13.  @TheKkpop1  : One thing is true. Any Western company enter the PRC. It dies inside the PRC. And then the money is taken from them. Everything. This is how it was... everything. Gone. You sucked the money out of Western companies... This is what ultimately happened many times over and over again and again....
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  14. Wow..... lol..... My God..... the 2008 ... wow.....
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  15. China has a lot of money, you just don't know it. lol.... Really don't know it.
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  16.  @Claude_van  : It's because it was Japan that created that Kaizen.. thing.. and then when China opened up.. They took it literally.. and it created "fast fashion".. but they just didn't stop in time, I suppose... that was all. So... but anyway, most people do have a lot of decent pieces in reality.
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  17. Partly due to "opening up". Partly due to "competing with one another"... And partly confusion. I rather than they went back to basics like, to use salt to preserve and debacterial meat instead. Nobody would blame you if you made salty jerky. A lot of people salted fish, or meat.
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  18.  @JoeBlow-fp5ng  : Don't be so sure. Many from Hollywood and from the UK ended up as this too. Why did the celebrity thing kicked off ? Fight for survivals ?.... And many women would have kids too. And mostly rich men. And how common is that one in the UK ? Quite common. A lot of women can have IVF and UK has support too. Many couldn't but they bypass that as well. If you pay taxes, then you can.... ^^.....
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  19.  @JoeBlow-fp5ng  : I think you will like them more if you know that they're being persecuted here. So... Most parents want to use them for money. Whereas western way for the girl to pay for the weddings ? And not the other way. For Indonesia, you're marrying someone else's siblings. Cos many were raped victims. But I can see why. Cos colonialism.. caused that to begin with. So if you want to correct that karma. Then go ahead.... Most decent women would work. Get a wage. Then pay half of the wedding between the couple after they discussed behind closed doors. So... It's complicated and you won't get it.
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  20. No wonder we are in a lockdown. Lol. That food thing blew up cos the government wanted some kind of control in food production. It's like.. do you feel or think that we are at war.. just to show or create TV for China ?
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  21. And many of those items are made by Indians... In pretend factories.... And that is why India, could afford satellites, USAid... And the entire semi conductor sectors...
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  22.  @jarvisaddison8560  : If this was around even 5 years ago. I would disagree. But since then, there are so many people online, and whatever... And SO much issues... so many issues.... I have seen a lot of plagerisms a lot too. So... The point is to find a job and to settle abroad. But these days so many people settle abroad... and try to do businesses.. but why.... ?..... A lot of people have good opportunities but they would NOT take good decisions and actions on those either. So... It is one thing.. to just maybe have 10 students do this. But how many students go abroad per year? I took around 20 years.. to learn something.. which I taught to this high school educated woman, and she basically criticised me so badly ? But why ? So the ethos in China is "as long as people work hard, why does it matter" ? And meanwhile.. most of these individuals do NOT pay taxes... does not CARE ... to pay their ways either. And yet, she earns more than most people in the UK. And her boss thinks and say that this is "okay" ??... WHEN is it "okay"? .... And yet, as we are here in the UK.. we still buy goods... at a high rate.. from inside China.. So WHO is doing WHAT ?..... We lose out like TWICE. THREE times.. !!!!....
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  23. And because of this... The world became an actual "free for all grab".... I.e. the previous generations' overseas Chinese. Their hard earned money. Gone. Bank of China.. the funding that was set up by Taiwanese and some Cantonese. Those fundings. Gone. I've seen quite a few actual black individuals sitting on top of those banks. Feeding into Africa. But then Africa had direct drop shot money for.. since the 1970s.... A lot of these kinds of scammers. They resell used junk back to the previous generation ? Using those "donation /aid" money. They don't pay taxes in their home country. They don't know when to stop ? Cos why they've never had to pay taxes before...that is why each time, Pakistan or India... Their government asks for taxes. They revolt. They revolt by having more kids. Sorry. They take it out on those kids. Cos they want to remain poor..... Therefore in control of that UN and WHO budgets....
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  24. It's not really a ponzi scheme. But... I bet that this kind of "consolidation" isn't and wasn't agreed at all, literally. This is why... And as I said before, there did not used to be an actual "PRC"... This is man-made in the past 100 years.... or so... So therefore, if they fight amongst themselves.. and have this "last man standing", then... this is literally what is happening. And any mistakes, somebody would get it. And when you see a risk point, normally, people tend to spread it out everywhere to dilute the issue. Which is what seems to be happening here. But it failed though. Now, I am thinking to myself that... HK is just as well to have so many actual oligarchs there. Cos they would've blocked off their or this kind of decisions... to spread outwards and leave offshore. So yeh.. funny how foreign companies left HK.. and went into the mainland.. and now discovered these kind of scenarios.... I suppose those so called elite's children.. didn't have any powers, whatsoever.. in persuading the situation to change itself? Obviously not.
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  25. They are trying to correct the financial mistakes.. and this is the physical method to do so.. that is what they seem to be trying to do here.... So.... a bit rudimentary.. but... How did Western countries did it? They created other various financial products etc. So.. to "hold space"... for a period of time... until fluctuations are slowly "lived out"... But I suppose, they want to become exact. And explicit.. in order to show "fairness"... Hence, this method... rather than to have a grey /leverage areas.. etc etc etc... So... I can see why most things doesn't work now.
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  26. In the ideal world. They should've pushed those actual chinese 176 year brand to go abroad and to list them ? This is one of those points that, HK tried VERY hard to help you guys rise.. but you didn't do that, and doesn't want that either. So... This is the kind of thing that people loved and liked. So.... And then the whole fin tech thing happened.. and that is now being fought against with Indian companies as well.. and doesn't even actually.... Well.. the entertainment sector is just... Well... Sigh. A lot of people literally wait.. or save to have a nice meal. Maybe once a year. And not every single week, or other time. Cos maybe china see it as "entertaining business deals". Whereas in other countries, it is more about "celebratory"... So...
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  27. Yes but... imagine if they went abroad.. and then give back businesses, from inside china to them... still.... that is doing business, isn't it ? So it means that it is 120 billion to play with... and I bet that they will find some ways to make it work.. so that it is chinese goods exported back out. Cos.. what else are you going to do, if the world has gone bankrupt ????....
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  28. Do you still actually believe in "typhoons" ???.... It is now 2023.. I believe that some things are man-made....
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  29. So ? The thing is .. other countries keep every generation of things. It doesn't matter if you are advanced. Even Japan could've advanced more but they chose to dumb down.
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  30. Is that what PWC have done ? They licensed their brands out into China? Is this a joke?.... Ooooh..... So this explains it. And why their name inside the PRC has a different title than the old ones that I have seen in HK before.. So... Ooooh..... I just checked. PWC HK does IB ..... ohh... I see.... And they are getting their hands wrapped on this issue. So... Arthur Anderson's was an actual company though. And not an IB... so.... This video is very misleading ! lol... And Deloittes does corporate audits. PWC seems to be doing IB audits... Ohhh.... I just checked their website... It is a lot of jobs going. I didn't realise that they have so many people.. or needed this many people. Then again, everything only have happened in the past 10 to 20 years or so... So... but... and I never could see those positions at all any more, and not from those various other job sites... Wow.. should've moved back to HK when I had the chance !.... Wow...Didn't realise that they have hit so many issues. No wonder people are running away.
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  31. You are talking about a 1.4 billion people market... so.. you cannot compare a 1.4 billion, to that of an actual ...6 million people of Switzerland... So even if it is in the lower level, this is and should be seen as "normal"... to be frank.
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  32. Go to HK ! Go to HK !!! ...... One of the thing that happens in China is that, a small move, to them... makes a big ripple effect to the entire globe.... and that is always the problem isn't it? And they are not even responsible at all... That is how "free" they are.. literally... and they don't care? And then some people even go ahead and to continue to critise other countries, and whatever, even though other people are dying.. and at the hands of their feet....
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  33. Well.., if he drops dead then.... well.. yeh.... Well...
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  34. So how come, the toy store, doesn't get those market contracts from the other Japanese suppliers.. to stop them from buying or selling to those individuals? So... and then add them as their actual... suppliers' list...
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  35. You don't understand ? Cos the urban cities, normally have many SOEs... and then they move away from the urban areas... (which the area is full of debts and full of loans)... and then... they have to work to pay off those loans. Their cost of living is a lot higher as well etc. So... and then when they have enough, they rather move away... to the rural areas, to sit out any political issues and power grabs etc.
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  36.  @HKim0072  : Japanese banks... are not private banks like we do have in the UK. Cos those are like "soveign banks"... But Japan is kind of like Korea... or in China... they have "family businesses".... instead... Their banks are more for investments and trade. NOt for yourself, and your own money. Whereas in Europe.. and in the UK.... we have "personal money"... and "company money"... They are both very different.
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  37.  @barba928  : China did have gold before.. only certain elites have gone. The rest, they traded with silver.... and various other items... and then they have taxation systems as well... so.... and they farmed for selling with. So that has not changed. China shouldn't have joined the WTO to be honest... cos that notion of needing to stick to a gold standard.. and forget their trading ratios... that is just... It does not make sense. Gold and silver is still traded in SE Asia.. that is why... as "money"...
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  38.  @rickstalentedtongue910  : Bank of Japan is an Imperial state bank. So.... It is still THEIR state bank. Although I don't know if they have gold to back it.. but then, they build a group of unsecuritised... around.. the bank itself, in the form of supply-chains etc. So.... and then, globally, there are indeed private banks too. As in, they are not connected to the whole IMF, World Bank... or UN etc etc... So.... and that is related to bonds etc.. which, I don't get how it all works out.
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  39. I didn't know this. But they assume that if you were against it... then, they would lose money or lose their jobs or something. I dunno... But I think that it's been filtered into different groups...
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  40.  @xostler  : I bet they don't even actually sell it at that price point. I bet not ! I bet that... the designer label ones are sold at a much higher price point as well.... Cos I don't believe the prices that they are selling it for tbh...
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  41.  @kyleaugustine6886  : Yeh but his cost of living is lower though. That is the ratio thing, on top of supply chain operations to get it there as well.. as well as overhead costings as well. The reality is that, that coffee should indeed be MORE expensive than it is already. The reason is that cos China, that is PRC does not have a commodities market for coffee and hence it seems like it is cheap. And they statically set the price at the point of its originally sold price point. But imagine if they did have this... then sure.. it can indeed go up as well.. like the rest of us had to pay for expensive coffee. They are kind of cheating their way out of things to be honest... That is why they want to increase that price point, but to be frank and fair.. should it be as such ??? And also, in the USA, you guys have a higher salary but how much taxes do you pay ? And you guys don't have a state medical care either like we do. We pool back our money to get this as well. Same with china. Well.. they do have free state healthcare as well.. which is the point. But whereas even though your salary is higher, you guys pay a lot more for your every day things...and what you earn, is what you need to pay. Even in Europe.. some states pay around 40-50% of their salary to the state for schools, medical care... pensions... etc etc. Even now, the UK's calculation is not enough for pensions. i.e. You need to have a state pension and a private pension and savings to see you through !!!! (This is why I hate these kind of chats about China, cos they aren't necessarily reporting explicit correct info. Everywhere you go, the range can vary from their province to their city or their states.. so it is meaningless...)
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  42.  @kyleaugustine6886 : ALSO... even though you may say that a person and a job is paying this much.. right now, there might not be any shortages. So... and those on the older contracts would be on lower pay and not on the higher pay ranges etc. It would of no use...
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  43.  @hailandfire1822  : It is very different though as well. Many doctors in the West, are not just a job. They actually own the business that they run as well. So it means that, their salaries has to carry the clinic as well? This is another one of those stupid media or social media thing, which can cause jealousies.. but without actual understanding of the obligations, the rights, and the regulations.. and the ins and the outs as well. So basically, I don't know about the USA, I presume that, the doctors also actually has to pay some kind of professional insurances as well. Cos the ones in the UK has to carry the weight of the building and has to run it as a side business, but with the medical side controlled and regulated by the state instead. Not the building and the salary, that too could be a possibility, but it is half privatised. Whereas it is clear that in China, their hospitals are carried by the provincial or city budgets. And they have to wrap it under some kind of SOE model as well. And then, either individual SOE or the collective, the entire thing has to be wrapped up as a listed company in their exchange...
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  44.  @franke9448  : There are surgeons from other countries that could enter the country for these kind of work as well.. but however.. they also actually have to actually bridge the gaps too. i.e. It depends on the country and how they operate, because in the UK, since people no longer learn the proper way, what has happened is in most cases, they now tied the university with the actual hospitals and rotate, in case there are cases of negligences !!! Which there HAD been... !!! Precisely BECAUSE... they had issues like this. This kind of different kind of education.
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  45.  @geordonworley5618 : They are trying to run an actual 1.4 population as a single country. But if you looked, no other countries run like this. They are a lot smaller in size, and they run themselves !!!! Even the recent disputes... about the airlines as well.. that itself is a big signal as well.... "Why is your salary a lot higher ?" (Answer: Because we buy at least around 100 million items from you guys PER year. And we use our salaries to continually buy from you !)..... Huh.... Some people has not clicked on this one yet. When you see the village lady with around 1 million in money in her biscuit tins. I think... This is kind of like.... What the fuddy rudd indeed. And those marketing adverts are extremely disgusting to be honest. Cos you would not find anybody that actually harasses elderlies like that inside China. They would not even dare do so... Now I get those jokes about Pooh bear... They must have allowed the firewall to be lifted or something. Cos it is meant to be lockdown etc. So what has happened here ? Somebody must have connected the two. And is it cos Google also now have an actual data centres inside the PRC as well ? Which enabled them to see and to seek actual adverts or whatever from other citizens across the globe and basically dox them ???
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  46. What did China expects ? Cos while other countries were small and tiny and plodded along slowly... PRC wanted to speed things up. So then they literally created an entire middle class of people... and that is around 1.4 billion...(oh, they now say that this is not true)..... So around 1 billion people into earnings... So what do you and can you expect? Competitions will happen. Fights will happen. Some people have earned enough that could see at least 3 to 4 generations through ! They have no more need to do anything, like ever ! But I bet that this isn't and wasn't what happened in the end. And some people of course are going to hoard money too....
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  47. The local government can only borrow money from central banks if there is a business. So then, they create a shell sort of company. To borrow the money. So then it means, the payments or the debts would be from the sales of the tickets. But when they borrow this, it goes into the provincial governor's debts. So sometimes the government tries to find ways for the citizens to pay up. So then the population tries to get credit. They take in mortgages and then they give the credits and pay against that. Debts from public. Debts from citizens. So.....
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  48. It is actually a lot of money, isn't it ? Really, a lot of money.
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  49. Baby steps... Just make short and small planes for your own use. I think doing that, might just make people happy. Why does China need to make copies of other countries' planes? It is an expensive piece of equipment, and why shouldn't China, make their own internal planes anyway ??? A lot of countries make their own vehicles... in one form or another, in very small scale. And never sell abroad. It does not need to ! As long as it does the job !
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  50.  @mindpuzzle81 : I think the solution is supposed to be bitcoins or something like that. Cos HK is now introducing Fin Techs.. and the US side already has mapped their actual US dollar to the cryptos... So...
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