The China Problem

[B-Man]

 

 

 

 

.

[Big Blitz]

 

Meanwhile…..in America…….where we take orders from the CCP:

 

 

 

 

 

 

 

But January 6!!!!!!!!!

[ALF]

Billionaire investor Ray Dalio warns US, China 'on the brink' of war and 'beyond' ability to talk

The Bridgewater founder issued grim warning over US-China relations after spending 13 days in Beijing

 

"The United States and China are on the brink of war and are beyond the ability to talk," Dalio wrote. "I want to emphasize that by saying that they are on the brink, I don’t mean to say that they will necessarily go over the brink. I mean to say that they are very close to crossing red lines that, if crossed, will irrevocably push them over the brink into some type of war that damages these two countries and causes damage to the world order in severe and irrevocable ways—like Russia’s invasion of Ukraine did for Russia and the world, just much bigger."

 

https://www.foxbusiness.com/politics/billionaire-investor-ray-dalio-china-brink-war-beyond-ability-talk

[B-Man]

 

 

 

[Doc]

Milley should call his Chinese counterparts...

[B-Man]

 

 

China’s economic downturn is more shocking than outsiders realize, says former Chinese property mogul.

 

According to Desmond Shum — once at the head of a multibillion-dollar development firm that he left in 2015 upon tighter control by Beijing — sales across industries, even those thought to be insulated from any slowdown, are falling, and the economic outlook among Chinese consumers is so dire that executives are reporting blatant acts of theft by employees.

 

“Several things have shocked me in conversations I’ve had with businesspeople in China,” he said. “A big dairy company is producing more milk powder because people are cutting back on buying milk. Normally this is one of the last things you would cut out.”

 

Shum’s description of conditions on the ground in China provide an inside look at stagnating growth, as the country’s post-pandemic recovery has fizzled dramatically since the first quarter.

 

https://markets.businessinsider.com/news/currencies/china-economic-recovery-downturn-foreigners-covid-globalization-decoupling-derisking-property-2023-7

 

 

I suppose it’s some small comfort to know that China’s elites are doing as bang-up a job as our own.

 

[The Frankish Reich]

56 minutes ago, B-Man said:

 

 

China’s economic downturn is more shocking than outsiders realize, says former Chinese property mogul.

 

According to Desmond Shum — once at the head of a multibillion-dollar development firm that he left in 2015 upon tighter control by Beijing — sales across industries, even those thought to be insulated from any slowdown, are falling, and the economic outlook among Chinese consumers is so dire that executives are reporting blatant acts of theft by employees.

 

“Several things have shocked me in conversations I’ve had with businesspeople in China,” he said. “A big dairy company is producing more milk powder because people are cutting back on buying milk. Normally this is one of the last things you would cut out.”

 

Shum’s description of conditions on the ground in China provide an inside look at stagnating growth, as the country’s post-pandemic recovery has fizzled dramatically since the first quarter.

 

https://markets.businessinsider.com/news/currencies/china-economic-recovery-downturn-foreigners-covid-globalization-decoupling-derisking-property-2023-7

 

 

I suppose it’s some small comfort to know that China’s elites are doing as bang-up a job as our own.

 

Different societies, different economies.

But take a step back and we have similar things happening for similar reasons: both the US and China grossly inflated the money supply to keep things humming. And the spike in demand caused by that can't last forever. It was a bubble in both cases. The only thing we don't know yet is how big the bubble was in each case, and whether it can be slowly deflated or whether it will burst.

[B-Man]

 

Things are heating up around Taiwan

John Sexton 

 

 

https://hotair.com/john-s-2/2023/07/22/auto-draft-131-n566543
 

 

[B-Man]

 

 

A far too little covered story.

 

 

 

First photos of Chinese-run lab in California experimenting with dangerous viruses and engineering mice

by Cassidy Morrison

 

These are the shocking photos taken by investigators during the bust of an illegal biolab in a sleepy California town.

 

Local and federal officials discovered a lab of horrors with suspicious links to China when they raided the unassuming warehouse in Reedley - home to just over 25,000 residents - in March.

 

Photos obtained by DailyMail.com via court documents show dead mice stuffed in storage bins haphazardly shoved on shelves and freezers filled to the brim with bottles of blood and plasma of origins unknown.

 

The images also show stacks of boxes containing dangerous pathogens, including one labeled ‘malaria’ that had Chinese etched on it. Other infectious agents discovered during the bust include Covid-19, tuberculosis, HIV, herpes, and dengue fever. 

 

Unanswered questions remain about the origins of the lab, who was running it, and whether it posed a bioterrorism threat.

 

      

 

 

https://www.dailymail.co.uk/health/article-12358447/First-photos-Chinese-run-lab-California-experimenting-dangerous-viruses-engineering-mice.html

 

 

.

[B-Man]

 

 

 

[JDHillFan]

1 hour ago, B-Man said:

 

 

 

"China is going to eat our lunch? Come on, man," 

“I mean, you know, they're not bad folks, folks.”

 

“But guess what, they're not, they're not competition for us."

 

Joseph Robinette Brandon - May 1, 2019

 

[Doc]

He was right.  They started one with US.

[Coffeesforclosers]

The USSR had spies under ever rock and behind every bush too. Ended up not mattering because they bankrupted themselves with forever wars and unsustainable subsidies to shithole countries based on a commodity bubble.

 

It'd be great if China went to all this trouble of penetrating our military, designing hypersonic weapons, funding belt & road... then imploded because nobody could tell the emperor he's got no clothes on without getting shot. 

[JDHillFan]

7 minutes ago, Coffeesforclosers said:

The USSR had spies under ever rock and behind every bush too. Ended up not mattering because they bankrupted themselves with forever wars and unsustainable subsidies to shithole countries based on a commodity bubble.

 

It'd be great if China went to all this trouble of penetrating our military, designing hypersonic weapons, funding belt & road... then imploded because nobody could tell the emperor he's got no clothes on without getting shot. 

If it worked once I’d like to see us bank on that strategy again. Seems rock solid. 

[Doc]

4 hours ago, Coffeesforclosers said:

The USSR had spies under ever rock and behind every bush too. Ended up not mattering because they bankrupted themselves with forever wars and unsustainable subsidies to shithole countries based on a commodity bubble.

 

It'd be great if China went to all this trouble of penetrating our military, designing hypersonic weapons, funding belt & road... then imploded because nobody could tell the emperor he's got no clothes on without getting shot. 

 

Just wait another 15 years.  Their aging population will destroy them.

[B-Man]

 

 

 

Beijing Battles Deflation Amid Skyrocketing Debt Crisis.

 

Now, though, it’s becoming harder for Beijing to refute evidence of deflation. Both food and car prices have dropped in the past several months, with the latter largely due to intense discounting amid price wars in the auto industry. Real estate has taken a beating; across 100 Chinese cities, the prices of homes have dropped an average of 14 percent from their peak in August 2021, and rents have fallen around 5 percent. Exports have declined as has domestic demand for Chinese-made goods.

 

“The reality looks increasingly grim,” economist Eswar Prasad told Foreign Policy via email, suggesting that “the government’s approach of downplaying the risks of deflation and stalling growth could backfire and make it even harder to pull the economy out of its downward spiral.”

 

https://foreignpolicy.com/2023/08/09/china-deflation-economy-consumer-prices-debt-crisis-zero-covid/

 

 

 

It’s some small comfort knowing that China’s ruling class might be almost as hapless and corrupt as our own.

[B-Man]

 

 

China's economy is in trouble and, of course, they are trying to hide it

JOHN SEXTON 

 

 

https://hotair.com/john-s-2/2023/08/15/chinas-economy-is-in-trouble-and-of-course-they-are-trying-to-hide-it-n571472

 

 

,

[Doc]

Good.

[Tommy Callahan]

On 7/12/2023 at 11:54 AM, The Frankish Reich said:

Different societies, different economies.

But take a step back and we have similar things happening for similar reasons: both the US and China grossly inflated the money supply to keep things humming. And the spike in demand caused by that can't last forever. It was a bubble in both cases. The only thing we don't know yet is how big the bubble was in each case, and whether it can be slowly deflated or whether it will burst.

the difference is we funded people, states and companies so they could spend and keep the market going.

 

China just stimulated the state assets. Now they are talking about direct stimulus to the people.

 

Similar to how our left supports stimy to the state, and donor class.

 

while the other side provides avenues to keep your money and spend it as you, please.  

 

And its bursting.  China is no longer the global low-cost option. places like India are pulling foreign capital.

 

 

 

 

 

 

Edited August 16, 2023 by Chris farley

[TSOL]

Chinas economy is tanking because we aren't buying their cheap plastic trinkets anymore