IDQWE001

IDQWE001 | Joined since 2023-02-23

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News & Blogs

2023-04-05 20:42 | Report Abuse

CCP even cant produce advance chips what advantage u talking about.

News & Blogs

2023-04-05 20:41 | Report Abuse

Japan automotive already work together with US industry to manufacture EV cars. US give incentive to Japan automotive industry.

News & Blogs

2023-04-05 20:39 | Report Abuse

World nations hate evil axis. CCP will be abadonned and lost his power because NATO, Five Eyes alliance, AUKUS are able to ddefense. CCP talk only no action because they know they will loss. PLA useless fools.

News & Blogs

2023-04-05 19:57 | Report Abuse

The silly PLA pilot lost the signal of Pelosi air plane due to US air force electronic disruption.

General

2023-04-05 19:48 | Report Abuse

Chinese Developers’ Proposals are not Typical Debt Restructurings
Sun 02 Apr, 2023 - 11:39 pm ET

Fitch Ratings-Hong Kong-02 April 2023: Recent debt restructuring proposals of distressed Chinese developers are mostly debt extensions rather than sustainable and permanent restructurings, as the viability of many such developers’ underlying business operations and their ability to generate sufficient and sustainable free cash flow will remain in question even if their proposals are approved, says Fitch Ratings.

The arrangements primarily propose debt extensions and debt-for-equity swaps, which will be subject to untested investor appetite. This is because of the poor equity value of distressed developers and their associated listed entities, and upside potential challenged by the structural slowdown and consolidation in the industry.

However, the debt restructurings, as proposed, should buy developers more time to complete and deliver unfinished homes, a priority for the Chinese government. As outlined in the China Evergrande Group case, a significant amount of additional financing is required in the next three years to support the “core task” of ensuring delivery of properties, as the company put it. We do not expect restructurings to help developers’ access to unsecured financing, but could pave the way for some to obtain bank funding for project completion. We believe this reflects the significance of social factors in accelerating these proposals but will leave little excess cash for debt servicing in the near to medium term.

The market-based approach in all cases reiterates that the Chinese authorities have refrained from backstopping distressed developers but instead providing support to higher-rated developers that have not defaulted, aiming to restore investor confidence gradually. For example, the government has stepped up credit support for non-defaulted private developers since 2H22, including guarantees for several developers’ onshore bonds and encouraging commercial banks to underwrite property loans, among others.

We have long believed that issuers would prioritise onshore bondholders over offshore. This is partly because offshore bonds are often structurally subordinated to onshore bonds due to a lack of direct guarantee, securitisation, and recourse to onshore assets. The recent developments reinforce such a view. For example, Sunac China Holdings Limited’s onshore debt has been extended for three to four years and supported by pledging of additional assets, while the offshore creditors are likely to face an extension of up to nine years.

So far, several developers, such as Guangzhou R&F and Greenland, have completed or received creditors’ approval for offshore debt restructuring, while several others have announced proposals. Restructuring remains largely a bespoke process, while we believe the present arrangements indicate the limited level of protection that offshore bondholders could expect in the forthcoming proposals by other distressed developers.

A sustained recovery in the defaulted developers’ businesses could lead potentially to higher recovery rates for offshore bondholders, but this depends on a broad and meaningful improvement in the sector, which is not our baseline expectation.

News & Blogs

2023-04-05 19:43 | Report Abuse

Evil killing others by invasion, I cant call it Act of God.

News & Blogs

2023-04-05 19:42 | Report Abuse

Nancy Pelosi is smart and capable woman. Pelosi developed a reputation as a shrewd politician, and she steadily rose within the party, becoming minority whip in 2002. Later that year she was elected minority leader, and, when she took office in 2003, she became the first woman to lead a party in Congress. Using what she referred to as her “mother of five” voice, Pelosi began pushing for unity among the diverse factions within her party by embracing conservatives and moderates. Still, Pelosi continued to vote consistently in favour of such liberal causes as gun control and abortion rights, opposed welfare reform, and cast a vote against the Iraq War. Her criticism of Pres. George W. Bush could be harsh; she once characterized him as an “incompetent leader.” Her critics in turn claimed that her “left coast,” left-wing politics put her out of touch with most of the country.

News & Blogs

2023-04-05 19:40 | Report Abuse

When politicians want money they only looking at $$$ dont care evil or god. That's why DSAI is smart. When next time he visit US, he will show his smilling face, u think he will call US hegemony like you do ?

News & Blogs

2023-04-05 18:39 | Report Abuse

Posted by foongsh > 9 minutes ago | Report Abuse

It is true even CCP also need to invest in ASEAN countries , this must geopolitical tensions caused by their evil invasion. DSAI is very smart, he attracts all the currency investment ... Malaysia is win win.. Malaysia win 2 times.

Not only Malaysia win, Indian and ASEAN countries work with UN, EU, NATO, AUKUS, 5 Eyes alliance, Indo-pacific to develop economy and security. All wins. Evil axis left behind.

General

2023-04-05 18:32 | Report Abuse

when everybody talks about CCP every year got trading surplus why debt to GDP ratio 300% ? build weapon, build white elephants, build abandoned building ?? when CCP laugh at people please look at the mirror.

News & Blogs

2023-04-05 18:23 | Report Abuse

Too bad CCP GDP used to be 8-10% per year why lower the standards ? lost to India, Vietnam and Indonesia .. red army very anxious ... CCP got money to pay them for promoting evils ?

News & Blogs

2023-04-05 18:20 | Report Abuse

Invasion by killing is evil action. It can be called Act of God. so it is evil axis.

News & Blogs
News & Blogs

2023-04-05 18:00 | Report Abuse

India and Aseans benefit from the global supply chain realignment .

News & Blogs

2023-04-05 17:19 | Report Abuse

Under Armour
In light of the US-China Trade War, American sportswear and casual apparel company Under Armour has mapped out a plan to reduce its reliance on manufacturing in China in favour of countries such as Vietnam, Jordan, the Philippines and Indonesia. The company is aiming to source just 7% of its products from China by 2023, down from 18% in 2018.

Steve Madden
Steve Madden shoes and handbags will no longer be produced in China. The New York-based fashion companies was hit by Trump administration-imposed tariffs and plans to gradually move production of its footwear and accessories to Cambodia, Brazil, Mexico and Vietnam in order to keep costs for its US customers on an even keel. After suspending the process because of the pandemic, Steve Madden had scheduled to start shifting production away from China earlier this year.

News & Blogs

2023-04-05 17:19 | Report Abuse

Sony
Sony closed its smartphone plant in Beijing in 2019 and moved production to a factory near Bangkok, Thailand. However, the Japanese tech company was at pains to stress that the move was prompted by disappointing sales and rising costs in China rather than the US-China trade conflict. Sony also opted to move its regional executives from Hong Kong to Singapore in July last year.

Nintendo
In 2019, Nintendo moved some production of its Switch console from China to Vietnam but, like Sony, the Japanese video games company said the move has nothing to do with the US-China trade war and was more about diversifying its manufacturing options and avoiding putting all its eggs in one basket.

News & Blogs

2023-04-05 17:18 | Report Abuse

GoPro
Even before COVID-19 disrupted supply chains and the US-China trade war turned even uglier, American action camera company GoPro had relocated much of its US-bound manufacturing away from China to Mexico, a move that was announced back in December 2018.

Intel
Though Intel remains confident in the Chinese economy and is strongly committed to operating in the country, the Silicon Valley-based semiconductor chip maker has followed many US companies by shifting the manufacturing and assembly of some of its wares from the People’s Republic to Vietnam. Intel’s former CEO Bob Swan also wrote to then-President-Elect Joe Biden in November, outlining the necessity of a “national manufacturing strategy” to “ensure American companies compete on a level playing field” in response to the likely scenario of China dominating the semiconductor chip production industry in the next decade. The company’s new CEO Pat Gelsinger reinforced this message in March when he announced a $20 billion (£14.4bn) plan to build two new chip manufacturing facilities in Arizona.

News & Blogs

2023-04-05 17:17 | Report Abuse

Google/Alphabet
Google is more or less blocked in China, but the search engine’s parent company Alphabet still produces hardware products in the country, although perhaps not for much longer. As supply chains have become disrupted, the tech behemoth has moved manufacturing of its flagship Pixel smartphone to Vietnam and will reportedly produce various smart home products in Thailand rather than the People’s Republic, while production of its Cloud motherboards and Nest products has relocated to Taiwan and Malaysia.

Microsoft
After moving production of its Surface line of notebooks and desktop PCs from the US to China in 2017, reports also suggested Microsoft was planning to move production to north Vietnam during 2020. The US tech titan has been tight-lipped about the news, but the move is thought to have been fast-tracked because of COVID-19.

News & Blogs

2023-04-05 17:16 | Report Abuse

Dell
As relations between the US and China worsened and the trade conflict intensified, Dell quietly moved production and supply chains away from the People’s Republic.

In fact, the Nikkei Asian Review reported in 2019 that the Texas-headquartered tech company was planning to shift up to 30% of its notebook production out of China.

HP
That same Nikkei Asian Review report cited anonymous sources stating that Dell competitor HP was also planning to relocate 30% of its notebook production away from China. The reasoning behind both moves was to avoid the punishing US tariffs on tech products produced in the People’s Republic for the US market.

News & Blogs

2023-04-05 17:15 | Report Abuse

Hyundai Mobis-Likewise, Hyundai Mobis, which supplies parts for Hyundai Motor Group and Kia, has followed their lead by closing its plant in Beijing. Having cut production in China, the company has ramped up investment in South Korea, where it is set to build a third electric vehicle components factory in the city of Pyeongtaek. The facility should be up and running by the latter half of 2021 and is in addition to similar plants in the cities of Chungju and Ulsan.

Stanely Black & Decker-With the US-China trade war showing no sign of abating, Stanley Black & Decker is also on the move. The industrial tools and household hardware maker permanently closed its factory in Shenzhen in November after it had been in operation for 25 years. Growing competition and rising labour and land costs were cited as reasons for the closure. Stanley Black & Decker had also planned to open its brand new 425,000-square-foot, $90 million (£68.5m) factory in Fort Worth, Texas by the end of 2020, although there has been no confirmation as to whether the plant is up and running yet.

News & Blogs

2023-04-05 17:14 | Report Abuse

Kia Motors- Joining other South Korean companies such as Samsung and LG that are turning their backs on China, automaker Kia Motors shut one of its key plants in the country in 2019. The Seoul-based company has put the closure down to slumping sales in the People’s Republic as a result of a boycott in 2017 of South Korean companies, which was precipitated by the South Korean military’s deployment of a US-made missile defence system.

Hyundai Motor Group-Unsurprisingly Kia’s parent company, Hyundai Motor Group, has also taken steps to shift manufacturing away from China. With sales in the country flagging following the 2017 boycott of South Korean businesses, the company closed its Beijing plant in May 2019. The company posted operating losses of 1.152 trillion won ($1bn/£726m) in China for 2020, which was its worst performance since Hyundai Motor Group was first established in the People’s Republic in 2002. While production in China has dropped, the firm is boosting the manufacturing of its vehicles in India.

News & Blogs

2023-04-05 17:14 | Report Abuse

Sharp-In a bid to reduce the country’s reliance on China, the Japanese government set aside 243.5 billion yen ($2.2bn/£1.7bn) in April last year in order to incentivise domestic companies to pivot production away from the People’s Republic and into Japan and southeast Asia. Among the 87 firms that benefitted from state subsidies is world-renowned consumer electronics company Sharp, which is majority-owned by Taiwan’s Foxconn.
Hasbro-merican firm Hasbro moved a significant proportion of its production out of China to factories in Vietnam and India. Amid the ongoing US-China trade war, the world’s number one publicly-listed toymaker expected to produce around half of goods destined for the American market in China by the end of 2020, down from just under two-thirds in 2019. Despite lower levels of production in China, importing goods is causing havoc for Hasbro as the company is one of many suffering from the global shipping container shortage that is preventing goods from being transported from China to the States. Some 50,000 Tonka toy trucks are currently believed to be stranded in a warehouse in Shenzhen, the New York Post reported.

News & Blogs

2023-04-05 17:13 | Report Abuse

LG Electronics-Fellow South Korean firm LG Electronics has followed in the footsteps of Samsung and relocated the manufacturing of some of its products from China. In an effort to avert hefty US tariffs, the company shifted all production of refrigerators bound for the American market from China’s Zhejiang province to South Korea.
Zoom-US teleconferencing platform Zoom has skyrocketed in popularity during the COVID-19 pandemic, but while the firm behind the app is going from strength to strength, opening new data and R&D centers in India and the US, it announced it was stopping direct sales to customers in mainland China in August last year. Its video conferencing services are still available via third-party partners.

News & Blogs

2023-04-05 17:12 | Report Abuse

Big Multinational Companies Moving out of China

Apple
Though the bulk of Apple’s manufacturing will remain in China, the tech giant has been encouraging its suppliers, which include Taiwanese firm Foxconn plus Delta Electronics and Pegatron, to move up to 30% of iPhone production from China. Foxconn, for instance, is investing up to $1 billion (£762m) to expand a plant in India, while other contract manufacturers are setting up in Vietnam, Thailand, and Indonesia. Apple is also planning to have 30% of its classic AirPods produced in Vietnam instead of China, while a “significant number” of iPads are set to be produced in Vietnam as of mid-2021, according to Nikkei. Samsung electronics-American companies aren’t the only ones beating a retreat from China. South Korea’s Samsung Electronics shut its remaining smartphone factory in the country in 2019, reportedly turning the city in which it was based into a ghost town. Further closures were announced last year, with Samsung ceasing production at its last PC plant in China in August, instead of moving operations to Vietnam, and the company also shuttered its only TV factory in the country in November.

News & Blogs

2023-04-05 17:03 | Report Abuse

Invasion is evil attitude that killing others. A racist thought that he is strong and superior is evil.

News & Blogs

2023-04-05 16:59 | Report Abuse

Evil CCP and supports are racists and think that they are strong and superior...

News & Blogs

2023-04-05 16:58 | Report Abuse

Evil CCP & supporter very racist looking down down Indians.. very evil.

News & Blogs

2023-04-05 16:47 | Report Abuse

UN, EU, NATO, AUKUS, chips 4, Indo-pacific, 5 Eyes alliance are working very well as alliance to develop economy and security. Pity evil axis only everyday siok sendiri..

News & Blogs

2023-04-05 16:39 | Report Abuse

UN, EU, NATO, AUKUS, chips 4, Indo-pacific, 5 Eyes alliance are right to ban evil axis.

News & Blogs

2023-04-05 16:35 | Report Abuse

nder this scenario, the very underpinnings of modern life that many in the West take for granted as fundamental to a functioning society are subject to control, scrutiny, and manipulation by the Party. The media—a pillar of an open democracy—is a mouthpiece for the Party. The courts, the police, the procuratorate (the governmental office that handles investigation and prosecution of cases), and the very Ministry of Justice itself—all are under the direct and strict control of the Chinese Communist Party.

All government appointments and dismissals—at all levels of the country—are decided by the CCP. The spuriously titled National People’s Congress is made up of members who are, in their entirety, selected by the CCP, creating what is in essence a “hand-raising body”: anyone who fails to raise a hand in favor of a CCP measure today will not be a so-called “representative” tomorrow. And unlike the U.S. Congress whose members can be easily reached and even visited by their constituents, and whose debates and bills are openly recorded for the public, the so-called “representatives” of the NPC could be declared missing in action for most of the year except for the body’s official twice-yearly meetings. But during these twice-yearly meetings, military police are put up to guard the meeting hall as if for battle, suspecting visitors of being an enemy. Before the actual date of the two meetings, moreover, citizens are controlled by the bloated Security Maintenance Agency: those who plan to seek out their “representatives” in Beijing are “sent on holiday” to other provinces or cities, or are put under house arrest, while people who live outside the capital are prevented from going to Beijing at all. How, under these circumstances, are citizens supposed to even find their “people’s representatives”?

Tomorrow, I will contrast the United States’ political structure with China’s to explain how the CCP’s violence goes unchecked and, often, unnoticed by the rest of the world.

In January, Chen Guangcheng and Catholic University’s Center for Human Rights released its 2022 New Year’s Declaration on China’s Human Rights Crisis.

News & Blogs

2023-04-05 16:35 | Report Abuse

Many people outside China are unaware of the extent to which the CCP asserts its influence throughout the country, and the structure that enables this shadow government to direct the entire show. At all levels of the nation, each rung of government is beholden to a Chinese Communist Party affiliate organization that operates at the same stratum. Each CCP branch is controlled by a party committee, and within the party committees the Party Secretary holds power for that level. The so-called legal “people’s representatives” in government, whether village mayor, provincial governor, or prime minister, are all beholden to the whims, dictates, and interests of the Party Secretaries. In fact, government officials can only achieve those governmental-layer positions by becoming vice-party secretaries at their respective levels. Conflict of interest and the corrupting force of absolute power are all but guaranteed.

News & Blogs

2023-04-05 16:34 | Report Abuse

op-Down, Total, and Two-Tiered Power

The political structure that allows this violence is monolithic and top-down. Even to this day some in the United States mistakenly believe that my treatment was the result of local actors, that the CCP’s central authorities and highest leaders had little to do with it, and maybe didn’t even really understand what was going on. Nothing could be further from the truth. The CCP is nothing if not a top-down organization, with its fingers in every corner of the nation. When foreign leaders begin asking questions and the CCP’s central leaders feign ignorance, you can be sure they know all about it.

China operates under two systems (unfortunately not two independent political parties), or two layers, one less transparent and accountable than the other. One layer is the government operating as the People’s Republic of China, with its official positions and appointments, bureaus and departments, which, at least on paper, has a mandate to serve and protect the people, according to the constitution and laws of the nation. The other layer is the Chinese Communist Party, an opaque organization that operates entirely outside the law and beyond the purview of the nation’s constitution, acting as it pleases to maintain its own power in whatever way it chooses. Unfortunately for the Chinese people and all people who value freedom and human dignity, it is the Chinese Communist Party that controls the country and the puppet government, and that has, in effect, kidnapped the entire nation for its own purposes.

News & Blogs

2023-04-05 16:34 | Report Abuse

No Comparison

I was lucky to get out, and I have always been boundlessly grateful to have been able to come to America. I can continue to fight and speak out for those being persecuted. And I have been able to witness democracy and its struggles firsthand. But despite the constant tug of war between parties and opposing political and cultural ideas, there is no question in my mind that democracy is the best form of government on earth—even if flawed—as the quest for truth and justice stands at the heart of its purpose.

Contrast this with the CCP’s regime, which is predicated on maintaining its own power at all costs. Truth is the enemy of this regime, as it has shown repeatedly over countless instances, large and small, public or personal, over the past seventy years of its iron rule. Its monopoly on power stems from its earliest years of using violence to stoke fear in nay-sayers, with privileges granted to those who turn a blind eye to its brutality. “Kill the chicken to scare the monkey” is how Chinese people refer to this practice: in other words, make a cruel example of one in order to strike fear in the many so that they fall in order. My own experience is but one example of this tactic that has been a mainstay of CCP rule since its inception.

News & Blogs

2023-04-05 16:34 | Report Abuse

When I was finally released in 2010, I was brought home under guard only to find my home had become a jail. Rings of guards were stationed throughout our village, even inside our house. My mother was harassed; my school-aged daughter was tracked by guards; and my wife and I were beaten mercilessly by gangs of the CCP’s hired thugs.

Many people on the outside, including in the international community, called for my release. The CCP, meanwhile, denied any knowledge of my case and even staged photo ops of our family in our house to use as “evidence” to the West that I was “free.”

I was repeatedly offered large sums of money if only I would be silent about the violent population control campaign and toe the party line about how I was being treated. But I had no interest in such bargains and refused, and my family and I continued to suffer.

Gravely ill and denied medical care, I had no choice but to attempt an escape. The CCP was even building a private prison for our family, with iron bars stretching from the roof into the concrete floor. It was now or never. One spring morning in 2012, a brief lapse in the guards’ attention allowed me the chance to try. It was nothing short of a miracle. Scaling walls and crawling on all fours after breaking my foot, I made my way to a neighboring town from where relatives and friends secreted me to the American embassy in Beijing. Following protracted bilateral negotiations, my family and I came to the United States.

News & Blogs

2023-04-05 16:33 | Report Abuse

My Life under the CCP

My personal experience provides a clear picture of how the CCP rules the country. Back in the late 1990s and early 2000s, I started helping farmers and disabled people in Shandong, China sue local officials for infringing on their rights. Then, in 2005, I got wind of a large-scale, violent campaign to control reproduction—known euphemistically as the one-child policy—taking place in Shandong. I organized some friends to investigate, and what we found was horrific: mass sterilizations, families beaten and detained, pregnant women dragged from their homes in the middle of the night to have their babies ripped from their wombs, even at full term. We tried to file a lawsuit (these atrocities contravened even Chinese law) but the case was blocked in court, so we published our findings online.

I had stepped into a hornets’ nest.

As punishment for our investigation into the forced sterilizations and abortions, I was detained, tried in a kangaroo court, and imprisoned for over four years. While I was in prison, in 2008, there was a rumor that I would be released in the lead-up to the Olympics, if only the West pressed hard enough. My treatment in prison even improved. But the United States and its allies failed to demand a release of political prisoners as a condition for their participating in the international games. World leaders attended the fanfare in Beijing, and I along with other political prisoners remained under captivity.

News & Blogs

2023-04-05 16:33 | Report Abuse

The CCP’s Fake Democracy: How the CCP Controls China and Fools the World (Part I)

Comparing the Chinese Communist Party’s (CCP) authoritarian regime with democratic governance is like comparing barbarism with civilization: there is so little overlap as to make the exercise moot. But because of the CCP’s widespread, systematic propaganda and Western governments’ decades-long appeasement of the CCP, many people do not know the truth.

The CCP’s very own propaganda—the ultimate in fake news misinformation—often makes its way into Western media. With the CCP recently making the preposterous claim that the Chinese people engage in democratic government, and with the self-aggrandizing Olympics ongoing despite worldwide calls for a boycott, it is even more important than ever to set the record straight.

Using my own story as an example, I will first illustrate some of the tactics that the CCP regularly employs to persecute and silence its opponents. Then, I will show how the CCP is able to operate with impunity as a shadow power, shedding light on the structures that enable it to maintain monolithic control of the nation. Lastly, in the second part of this essay, which will be published tomorrow, I will demonstrate through comparison with U.S. democratic norms how the CCP’s dictatorial regime operates in practice, and how its brutal domestic strategies combine with its opaque political structures to create the current dictatorial behemoth. Understanding the underpinnings of the regime will, it is hoped, lead to solutions to combat it.

News & Blogs

2023-04-05 16:26 | Report Abuse

ere we discuss five major achievements since India independence
Green revolution thanks to technological advancement: Green Revolution made India a self-reliant in food grain production. The green revolution brought about by improved varieties of seeds along with the expanded use of fertilisers and other chemical inputs.
White Revolution or Operation Flood: The Operation Flood launched on 13 January 1970, was the largest dairy development program in the world. This was a landmark project of National Dairy Development Board of India. Thanks to the White Revolution, India became self-sufficient milk production. The White Revolution was one of the biggest rural development programs.
Nuclear programme: On May 18, 1974, India tested its first nuclear bomb successfully in Rajasthan's Pokhran. With this test codenamed Operation "Smiling Buddha", India became the world's sixth nuclear power outside the five permanent members of the United Nations, including US, Soviet Union, Britain, France and China. Then on May 11 and 13, 1998, Defence Research and Development Organisation (DRDO) and Atomic Energy Commission (AEC) conducted five more nuclear tests, dubbed "Pokhran-II" in Rajasthan.
Improvement in life expectancy: India has made significant improvement in improving the life expectancy of average Indians. In 1947, the average life expectancy of average Indians was around 32 years. In 2022, it has reached over 70 years. World health body WHO says India has tremendously improved its people’s health outcomes.
ISRO formation and satellite launch: Indian Space Research Organisation (ISRO) was formed in 1969. ISRO superseded the erstwhile Indian National Committee for Space Research (INCOSPAR). Vikram Sarabhai, having identified the role and importance of space technology in a Nation's development, provided ISRO the necessary direction to function as an agent of development. While, India launched its first indigenous satellite in 1975 called Aryabhatta with the help of USSR. The satellite was completely designed and fabricated in India.

News & Blogs

2023-04-05 16:21 | Report Abuse

Africa countries are with UN, UN did a good job on the development and security for Africa Countries.

News & Blogs

2023-04-05 16:20 | Report Abuse

Africa’s three non-permanent members on the UN Security Council – Ghana, Kenya, and Gabon – had already condemned Russia’s actions in the lead-up to the invasion, with Kenya’s strongly-worded rebuke focusing on the inviolability of borders and the need for every sovereign nation to control its own fate.

The UN General Assembly vote of 141-5 highlights Russia’s isolation because so many countries from around the world have registered their displeasure with Russia’s assault on Ukraine. And this vote goes much further than the similar one following the annexation of Crimea in 2014 when only 100 members supported the resolution.

News & Blogs

2023-04-05 15:49 | Report Abuse

osted by FortuneBull777 > 18 minutes ago | Report Abuse

Africa will bypass India for sure! India is more talk than anything else! Africa is supported by China!
In the past, Malaysia used to invest in India infrastructure! All got burned! Airasia tried to bring it's business over there! Got burn as well!
India will remain a shitty alternative! Only the brahmins thrive and the outcast indians remain hardcore poor! That's India for you!

Very racist statement dont forget Malaysian has large population of Indians. CCP supporters are always racist .. very evil.

News & Blogs

2023-04-05 15:46 | Report Abuse

Taiwan has its own army and own financial status. Taiwan has more travelling free VISA counties than CCP.

General

2023-04-05 15:43 | Report Abuse

There are those here who see the whole process as a natural part of the country "growing up". In areas which had been unregulated there have needed to be regulations.

If this is the case, then this period of shock tactic transition may be only a temporary state which will eventually calm down as new rules become clear.

But it is by no means clear what the length or breadth of these moves will be.

One thing that is certain is that any shift should be seen through the prism of Xi's "common prosperity" drive at a time when the Party will not give up an inch of its power while implementing it and, in China, you can either get on board this truck or get run over by it.

General

2023-04-05 15:43 | Report Abuse

When his father was sent to prison, Xi Jinping, at the age of 15, was made to go to work in the fields for years, living in a cave house.

These tumultuous times clearly toughened him up but could just have easily transformed into a hatred of politics, especially of a hard-line variety.

Some China watchers have speculated that he perhaps believes that only a strong leader can guarantee that China will not return to the chaos of the 1960s and 70s.

And remember the rules have now been changed so that he can remain in power for as long as he likes.

One reason for all this guess work is that we never hear him explain what he is doing in terms of his decisions. China's leaders do not give interviews even with the compliant Party-controlled media.

Mr Xi turns up in rural villages for television opportunities and is welcomed by orchestrated crowds of cheering locals who receive his wisdom on corn growing or other aspects of their work and then he leaves.

So it is hard to predict what new rules, restrictions or guidelines might be placed on economic activity in China or how far any of this will go.

In recent times, barely a week has gone by without a major change to the regulations governing one part of the Chinese system or another.

It has been, frankly, difficult to keep up with them. Many of these changes have come completely out of the blue.

It is not that there is an innate problem with the state controlling various levers of production here. That is for economists to debate in terms of what is most efficient. The problem has been the sudden uncertainty.

How can anybody reliably make investment decisions if they don't know what the ground rules will be in a month's time?

General

2023-04-05 15:42 | Report Abuse

As a comparison, in the past it didn't feel like that with many other Party officials.

The thing is that - along with the wealth redistribution aspects of the communist path - Mr Xi also seems to believe that this means thrusting the Party back into most aspects of daily life, as the only realistic way of achieving what needs to be done.

Kids are being lazy, wasting away their youth playing video games? Party to the rescue: three-hour gaming limit.

Teenagers having their minds poisoned with silly, idol-worshipping television? Party to the rescue: "sissy looking" boys banned from programmes.

Demographic time bomb ticking: Again, the Party has the solution: Three-child policy for all!

Football, cinema, music, philosophy, babies, language, science… the Party has the answers.

At odds with his father's beliefs
To try to understand what has made Xi Jinping the leader he is today you have to take a look at his background.

His father, Xi Zhongxun, was a Communist Party war hero, known as a moderate, who was later purged and imprisoned in the Mao era.

At the time Mr Xi's mother was forced to denounce his father. After his father's official rehabilitation in 1978, he pushed for economic liberalisation in Guangdong Province and reportedly defended one of China's most progressive leaders Hu Yaobang.

Given the persecution of Mr Xi's father at the hands of Communist Party zealots, given his father's inclination towards reform, many have asked why Xi Jinping now seems to be taking the Party in a direction which would appear to be at odds with his father's beliefs?

There are various possible explanations.

Perhaps he simply disagrees with his father's line on certain political matters.

Or maybe China's leader intends to pursue a plan which, while different in emphasis to the priorities of his father, will not end up anywhere near the policies of the Mao era. At least not intentionally.

However, it does still seem quite remarkable.

General

2023-04-05 15:42 | Report Abuse

The new catchphrase is "common prosperity".

It hasn't really appeared yet on the street side propaganda posters but this can't be far off.

It is now the cornerstone of what China's leader is doing.

Crackdowns on daily life
Under this banner, targeting tax evasion by the wealthy makes more sense, as do moves to make education more equitable by banning private tutoring companies. The ongoing crackdown on the country's tech giants can also be seen as part of the plan.

So does Xi Jinping really believe in this idea of a communist project? It is hard to be 100% sure but some observers would say it certainly seems that way.

General

2023-04-05 15:42 | Report Abuse

Changing China: Xi Jinping's effort to return to socialism

For decades life in China had evolved around its home-grown version of let-it-rip capitalism.

Despite being technically a "communist" country, the government had put its faith in trickle-down economics, believing that allowing some people to become extremely rich would benefit all of society by dragging it out of the disastrous quagmire of Chairman Mao's Cultural Revolution as quickly as possible.

To an extent it worked. A large middle class has emerged and people in virtually all strata of society now have better living standards as a result.

Wealth disparity
From the stagnation of the 1970s China has been thrust to the top of the pile, now challenging the United States for global economic dominance.

But it left a chasm of income disparity.

It is there to be seen in the children of those who were in the right place and the right time.

Parents who were able to take over factories in the 1980s made exorbitant profits which have paid for their progeny to now drive flashy sports cars around gleaming cities, zooming past the construction workers who wonder how they will ever be able to afford to buy a home.

The get-out-of jail card for the Party had always been the phrase "with Chinese characteristics".

The concept of socialism - "with Chinese characteristics" - allowed the government massive philosophical leeway to run a society which, in many ways, was not very socialist at all.

General Secretary Xi Jinping appears to have decided that this is no longer acceptable.

The Chinese government, under his leadership, has started putting the Communist back in the Communist Party, at least to some extent.

News & Blogs

2023-04-05 15:30 | Report Abuse

UN, EU, Indo-Pacific and Asean countries will develop good futures.

General

2023-04-05 15:28 | Report Abuse

China debt is to build a lot of expensive and abadonned buidling project and weapons.