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The China Problem


LeviF

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  • 2 weeks later...

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

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  • 1 month later...
  • 1 month later...

 

 

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.

 

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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.

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  • 2 weeks later...
  • 2 weeks later...

 

 

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.

 

73821031-12358447-Among_hundreds_of_vial      73806909-12358447-Local_and_federal_offi

 

 

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

 

 

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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

 

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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. 

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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. 

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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.

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ChinaDeflation-GettyImages-1586210053.jp

 

 

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.

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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 by Chris farley
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  • 2 weeks later...


 

Why China Could Soon Invade Taiwan

 

Biden, unfortunately, has been openly appeasing China in the last several months, and that might give Xi the idea that the U.S. would not defend Taiwan, at least before January 20, 2025.

 

When Will China Invade Taiwan? –Xi Jinping cannot stop talking about war, he is fast preparing China’s civilians and military for it, and he demands that Taiwan submit to his communist state.

 

As the Chinese foreign ministry declared on the 15th of this month, Taiwan is “the core of the core interests of China.”

The people of Taiwan, who mostly do not view themselves as “Chinese,” will not agree to Xi annexing their homeland, so he will have to take the island republic by force if he is to rule it.

 

That raises one of the most important questions in the world today: When will China invade?

 

https://www.19fortyfive.com/2023/08/why-china-could-soon-invade-taiwan/

 

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Near-shoring, the move of production from China to Mexico has been going on for years and accelerating recently as companies look for alternatives to China. 

 

Labor costs have been lower in Mexico than China for the past 10 years.  This has been particularly advantageous for US companies.  Mexico's close proximity allow for an easier transition from product development to production and allows the US company to actively manage production.  As an example, going from product development to production is always difficult but the distance to Mexico makes it easier to send engineers to the production site to resolve any issues.  Also, communication is easier as well since Mexico is aligned with the US time zones. 

 

With goods bound for the US, Mexico has had a unique advantage over China as transit times are much shorter which allows faster responses to demand and product lifecycle issues.  Also, the goods produced in Mexico bypass the logistic problems of overseas shipping and the bottlenecks at ports.

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  • 3 weeks later...

 

 

 

UNPERSON ALERT: China’s defense minister not seen for two weeks.

 

There has been no sign of Chinese Defense Minister Li Shangfu in public for two weeks, touching off speculation about his fate.

 

With the start of President Xi Jinping’s third term in office, there has been a string of surprise personnel changes, including the replacement of Foreign Minister Qin Gang and the firing of a senior official from the People’s Liberation Army Rocket Force.

 

https://asia.nikkei.com/Politics/China-s-defense-minister-not-seen-for-two-weeks

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11 hours ago, B-Man said:

UNPERSON ALERT: China’s defense minister not seen for two weeks.

 

There has been no sign of Chinese Defense Minister Li Shangfu in public for two weeks, touching off speculation about his fate.

 

With the start of President Xi Jinping’s third term in office, there has been a string of surprise personnel changes, including the replacement of Foreign Minister Qin Gang and the firing of a senior official from the People’s Liberation Army Rocket Force.

 

https://asia.nikkei.com/Politics/China-s-defense-minister-not-seen-for-two-weeks

 

Did he do something Wong?

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  • 3 weeks later...
On 8/26/2023 at 10:41 AM, B-Man said:


 

Why China Could Soon Invade Taiwan

 

Biden, unfortunately, has been openly appeasing China in the last several months, and that might give Xi the idea that the U.S. would not defend Taiwan, at least before January 20, 2025.

 

When Will China Invade Taiwan? –Xi Jinping cannot stop talking about war, he is fast preparing China’s civilians and military for it, and he demands that Taiwan submit to his communist state.

 

As the Chinese foreign ministry declared on the 15th of this month, Taiwan is “the core of the core interests of China.”

The people of Taiwan, who mostly do not view themselves as “Chinese,” will not agree to Xi annexing their homeland, so he will have to take the island republic by force if he is to rule it.

 

That raises one of the most important questions in the world today: When will China invade?

 

https://www.19fortyfive.com/2023/08/why-china-could-soon-invade-taiwan/

 

Biden has made it plainly clear that any invasion of Taiwan will not be tolerated and that they will be defended

 

yes, Biden is trying to work back door deals to try to appease everybody because that appears to be what he does but that doesn’t take away from the fact that he has said that we are going to defend Taiwan

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4 minutes ago, John from Riverside said:

Biden has made it plainly clear that any invasion of Taiwan will not be tolerated and that they will be defended

 

yes, Biden is trying to work back door deals to try to appease everybody because that appears to be what he does but that doesn’t take away from the fact that he has said that we are going to defend Taiwan

 

Yes, just like he said that a small incursion into Russia was acceptable. 

 

Taiwan, like Ukraine, is not a NATO member.  So it's going to be another proxy war we're expecting to fund.

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On 8/27/2023 at 11:04 AM, Tommy Callahan said:

Look at the capital moving from China to places like India.  They created this problem. I feel for the people as the oppression will only get worse with a failing state 

I’m sure Joey will make a move to bail out his old friend, provided Xi buys some hunter blow art. 

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  • 3 weeks later...

 

 

Who's 'interests' are they protecting ?

 

 

China Moves Six Warships into the Middle East Amid Rising Tensions

 

Please remember the global economics of the thing always aligns with the motives and outcomes of the thing. Remember, Saudi Arabia just joined the BRICS coalition, BRICS+. A new report shows China is moving six additional warships into the Middle East amid concerns the Israeli War could expand into a larger regional conflict.

 

China is aligned with multiple interests; and cunning Panda also supports the Biden administration end goal of a two-state solution in Israel. (UK EXPRESS) – China has deployed six warships to the Middle East as the conflict between Israel and Hamas escalates, according to reports. The 44th naval escort task force – from the People’s Liberation Army

 

https://theconservativetreehouse.com/blog/2023/10/21/china-moves-six-warships-into-the-middle-east-amid-rising-tensions/

 

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  • 4 weeks later...

Kind of an interesting article about Chinese submarines apropos of our sub fleet. Article talks a lot about the stealth ability of subs yet really doesn't address the radical new role sub warfare has taken on since the advent of cruise missiles. 

 

https://www.wsj.com/world/china/us-submarine-dominance-shift-china-8db10a0d

 

Quote

Early this year, China put to sea a nuclear-powered attack submarine with a pump-jet propulsion system instead of a propeller, satellite imagery showed. It was the first time noise-reducing technology used on the latest American submarines had been seen on a Chinese submarine.

 

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