U.S. chipmaker AMD to invest $400 million in India by 2028

GANDHINAGAR, India (Reuters) - U.S. chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru.

AMD's announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi's home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra.

Posted by IDQWE001 > 10 hours ago | Report Abuse

Posted by ahbah > 37 minutes ago | Report Abuse

India no talk about brics currency n usd. India onli want to talk about their India Rupee ? Rupee got chance to become the king currency of the world like usd ?

According to the World Economic Forum (WEF) Chief Economic Costs Outlook for May 2023, an overwhelming majority of global economists believe that India will be among the biggest beneficiaries from changes in global supply chains. Nearly three quarters (73%) of economists surveyed believed that south Asia – especially India – would benefit from recent turbulence in the global economy.

Rupee will play a bigger role in the world trading than ever before.

Silly Xi bring the country to wrong direction caused the global supply chain restructuring, he just blame himself as a wolf warrior.

Posted by IDQWE001 > 2 hours ago | Report Abuse

Public Transportation Paralysis, Millions Struggle to Commute, Funds for Wages Have Dried Up

https://youtu.be/gwL1qzUVFtA

Local governments in bad debts no fund for its normal operation.

（香港27日讯）恒大汽车两年来首次发布财报，2021年和2022年合计亏损843亿元（人民币，下同，约535亿令吉），该公司还对自身的持续经营能力发出警告。

综合彭博社和第一财经报道，恒大汽车星期三（26日）在香港交易所公告，2022年净亏损277亿元，前一年亏损566亿元。

恒大汽车称，仍在与银行、其他金融机构、第三方及关连人士进行谈判，以续期将于2022年12月31日后十二个月内到期的现有借款及公司债券，并筹集短期及长期资金以履行财务责任。

恒大汽车在公告中指出，“上述情况表明存在重大不确定性，可能对本集团持续经营的能力产生重大疑问”。

这家中国电动汽车制造商的最初目标是挑战美国电动车巨头特斯拉，恒大汽车市值鼎盛时曾经超过福特汽车，后来因为母公司恒大集团深陷债务危机，恒大汽车的股价也一泻千里。

恒大汽车2008年借壳在香港风光上市后，恒大集团创办人许家印曾扬言2025年实现年产销超过100万辆新能源汽车，恒大汽车市值一度突破7000亿元。

恒大汽车去年推出首款电动汽车，迄今也仅卖出1000辆。

2022年4月，该股在没有给出特别原因的情况下宣布停牌后，市值仅剩347亿元，投资人惨赔。

如果恒大汽车不能在18个月内重新发布财务业绩，该公司面临退市风险。

此前，恒大集团上星期一（17日）也连发三份推迟已久的财报，披露集团截至去年底的总负债额已达2.44兆元（约1.54兆令吉）。

Posted by IDQWE001 > 3 hours ago | Report Abuse

China industrial profits fall in H1

BEIJING (Reuters) - China's industrial profits extended this year's double-digit pace of declines into a sixth month as waning demand took a toll on companies' profit margins, bolstering the case for additional policy support measures.

The year-to-date 16.8% fall followed an 18.8% profit decline in January-May, and reinforced a frail economic recovery that brought weaker-than-expected 6.3% growth in the second quarter.

Last year was MCO locked down, compared to last year still drop double digits. Very pity.

Posted by IDQWE001 > 3 hours ago | Report Abuse

Posted by foongsh > 1 hour ago | Report Abuse

The logics of communist if someone no good just send him to ISA and disappear. Lol

If qqq migrated to China still does not master his anchient language and lost his own identity, CCP will ISA him as a spy and make him disappear.

If any of the CCP leader got girlfriend would be ISA, all learders would be locked up and disappeared already. Corruption, sex and power abused are the nature of CCP.

Posted by IDQWE001 > 14 hours ago | Report Abuse

What a political mess rocket up and down and just disappeared out of sudden. Worse than ISA 3rd world country only happened in communist and dictatorship country. If someone kena ISA at least he would be expected in Kemunting camp.

The logics of communist if someone no good just send him to ISA and disappear. Lol

Posted by IDQWE001 > 55 minutes ago | Report Abuse

He could not master Chinese language, if migrated there, he would be another X-file due to keep on communicating in 26 alphabets and treated as a spy. Lol.

A person could not communicate with ancient language his parents must be shame on him. A silly fool anti western still want to communicate in 26 alphabets.

Posted by IDQWE001 > 56 minutes ago | Report Abuse

This is typical culture of CCP keep on talking bad about westerns but love US dollars and many girl friends. End up just disappear in the world become X-file. Very bad system worse than ISA in 3rd world country.

Very easy just blame the westerns again.

印度曝中国手机制造商3巨头 逃税非法汇款44.6亿

（上海26日讯）腾讯新闻周三（26日）报道，印度财政部近日通报，包括小米、vivo和OPPO等中国智慧型手机制造商逃关税及非法汇款总金额近800亿卢比（约44.6亿令吉），但印度税务机关仅追回其中不到8%。

印度财政部表示，小米、OPPO与vivo自2017年起至今，分别逃关税68亿1600万、440亿3000万与287亿5000万卢比，税务部门仅追回60亿4550万卢比，占比低于8%。

此外，印度财政部另判定，上述公司在2017年7月至2023年6月涉嫌逃避商品和服务税的13个案例，总金额达110亿8000万卢比，税务部门成功追回约近102亿5000万卢比。

印度财政部说：“在印度运营的主要中国手机品牌包括OPPO、vivo、小米、Transsion（在印度运营三个品牌，即Itel、Tecno和Infinix）、realme和一加。它们在2021至2022年的类计营业额预计为1兆5000亿卢比。”

近年，中印因边界争议关系恶化，双方互逐对方记者，印度政府更是对在印中企下重手，包括指控中国手机制造商小米“向外国实体非法转移资金”，涉嫌违反外汇管理法，扣押小米人民币48亿。

6月中旬，环球时报引述印度经济日报报道指出，印度政府要求小米、OPPO、realme和vivo等智慧手机制造商，任命印度籍人士担任首席执行官、首席运营官、首席财务官和首席技术官等职位。（中央社）

War is everywhere ? Still want to lead country to war ?

战狼王毅重获委任 取代秦刚再任外长
2023年 07月 25日
中国外交部长换人当，王毅再次掌管外交部，取代不见踪影超过一个月的秦刚。

中国中央电视台今天（25日）报道，王毅正式取代秦刚成为中共的新任外长。

57岁的秦刚是擢升速度飞快，同时是中国史上最年轻外长，但从6月25日开始，他就消失在公众面前，虽然中国外交部对外解释秦刚因为健康因素暂时缺勤，但因为一直无法提供明确资讯，导致流言四起，甚至传出秦刚与香港凤凰卫视女主播傅晓田有染生了私生子，也有传言指控傅晓田是美国双面间谍，策反了秦刚，两人更因此被逮捕。

CCP members always talk anti US but love US dollars and many girl friends. Xi used the wrong person, it proved that he was a bad leader and assigned the wrong person. Where is Gang ? Worse than ISA 3rd world country.

Posted by IDQWE001 > 5 hours ago | Report Abuse

Posted by ThunderZX > 3 hours ago | Report Abuse

IF china are so good, why are they migrating ? ??

If China so good qqq would have migrated to China, if so, he could not assess this web page and talk nonsense already.

qqq could not master his own ancient language, CCP will condemn him as a spy. He could not survive in China.

South Africa says Putin will skip a Johannesburg summit next month because of his ICC arrest warrant

CAPE TOWN, South Africa (AP) — Vladimir Putin has agreed not to attend an economic summit in Johannesburg next month that will include China’s premier and other world leaders because of an arrest warrant by the International Criminal Court for the Russian president, South African authorities said Wednesday.

Russia and summit host South Africa reached a “mutual agreement” that Putin would not attend the Aug. 22-24 gathering, which brings together a bloc of developing economies known as BRICS, though he was initially invited, the office of South African President Cyril Ramaphosa said.

The development could be viewed as embarrassing for Putin, who is now expected to be the only leader of a country in the bloc not to attend.

Evil Putin could only travel to visit his evil brothers somewhere around Russia, he is behaving like a mouse in the rest of his life. The consequence of a killer.

posted by IDQWE001 > 5 hours ago | Report Abuse

India Stock Market Outlook July 2023

Kawan all-time high and not today 800 points up only. Lol.

India, Japan and Mexico are with sound and solid alliance, smart money is smart enough where to go.

Posted by IDQWE001 > 13 hours ago | Report Abuse

不是新加坡! 中国富豪移民首选澳洲

CCP anti western is fake local chinese first choice running to western. Russia, Iran and North Korea leave it to qqq. Lol.

Hong Kong court to hold hearings on China Evergrande restructuring plan in Sept
TheStar Mon, Jul 24, 2023 02:40pm - 2 hours

HONG KONG: A Hong Kong court will hold sanction hearings over whether to approve embattled Chinese property developer China Evergrande Group's offshore debt restructuring plan on Sept. 5 and Sept. 6, the court ruled on Monday.

A convening hearing for Evergrande's offshore debt restructuring plan was held in Hong Kong's High Court on Monday. A separate hearing will also take place at a Cayman Islands court on Tuesday.

With total liabilities of $330 billion, Evergrande is the world's most indebted property developer, and its default in late 2021 has led to a string of defaults and uncompleted homes across China.

It announced a debt restructuring plan in March, proposing to creditors a basket of options to swap their debt into new bonds and equity-linked instruments.

CCP supporters please buy more bonds to support real estate sector and don't just lip service.

Those proud of negative asset and happy for real estate burble burst is a real crazy fool.

China property developers' shares, bonds slump as sector worries deepen

SHANGHAI/SYDNEY: Stocks and bonds in China's real estate industry fell to around eight-month lows on Monday as repayment worries at two of the country's biggest developers plunged confidence in the sector deeper into crisis.

Cash crunches at giants Country Garden and Dalian Wanda show funding trouble has reached what many hoped were the largest and safest players in a business that once contributed a quarter of China's gross domestic product and is now all but frozen.

Doubts are growing that official support of any size is on the way, and investors do not expect any aid to be aimed at shareholders.

Country Garden shares fell 6% to an eight-month low and shares in its services arm fell 16%. Country Garden dollar bonds fell to less than a fifth of their face value.

Shares at rival Longfor dropped 10%, while an asset sale at Wanda failed to revive bond prices as investors waited on whether the cash actually reaches bondholders' pockets.

"As market sales continue to weaken and policy expectations continue to fall short, it will be difficult for real estate developers to repay bonds by their own operations," said Yao Yu, founder of credit analysis firm Ratingdog.

"Investors must become more and more pessimistic."

Property development has ground to a halt in China as a government crackdown on debts and crumbling public confidence have left builders unable to sell apartments or refinance their dues.

Guidelines promoting urban redevelopment published late on Friday were seen as small scale, leaving investors hoping for more from a Politburo meeting expected this week. That big names were struggling, however, highlighted the depth of the problems.

An index of mainland developers fell 5.5% on Monday and was on course for its worst session of 2022.

"Everything is falling," said a Hong Kong debt fund manager, who spoke on condition of anonymity.

"The major thing that we see now is onshore-traded Country Garden bonds going down," he said. "That is the largest one. People get scared if that one cannot survive."

NEW JITTERS

Country Garden is a giant with thousands of projects in nearly 300 Chinese cities. Its move to refinance a 2019 loan facility surprised and unnerved investors, and comes on the heels of ratings downgrades and new defaults elsewhere.

Country Garden's onshore-traded bonds slumped to less than half of their face value on Monday and dollar bonds due in 2025 and 2031 fell below 20 cents on the dollar.

Wanda, China's largest commercial developer, was also scrambling for cash for one of its subsidiaries to make an already-late coupon payment due before the end of a grace period on July 30. It sold part of another subsidiary to streaming firm China Ruyi for $320 million, which a source familiar with the matter said would help it repay a separate $400 million bond.

State-backed developer Greenland Holdings has missed repayments this month, while Sino-Ocean Group proposed extended terms for a 2 billion yuan ($278 million) bond due on Aug. 2.

The fresh troubles have squashed a nascent rally when China lifted COVID-19 controls and opened its borders after years of movement restrictions.

Restructuring plans at Evergrande, which was the poster-child of the sector's 2021 plunge into funding stress, remain before courts in Hong Kong and the Cayman Islands, while property sales are in the midst of a new slowdown.

"Distressed Chinese property developers' bond restructurings can buy them some room," Fitch Ratings said in a report on Monday. "But most will continue to face repayment difficulties if home sales do not recover for a sustained period."

Posted by IDQWE001 > 3 hours ago | Report Abuse

Don't talk about 3000 years history, nowaday what is happening he also blur blur.

A silly fool talk about 3000 years history for today stock investment is really crazy.

May I ask anybody here base on 3000 years past experience buying stocks ?

Posted by IDQWE001 > 3 hours ago | Report Abuse

Russian Missile Strike Damages Chinese Consulate in Odesa

qqq is anti Chinese who support evil Russia attacked Chinese consulate general in Odesa.

CHINA DEBT CRISIS as Belt & Road Initiative Loans DEFAULT and China Faces ECONOMIC COLLAPSE

https://youtu.be/V7En1hELQPc

Posted by IDQWE001 > 8 hours ago | Report Abuse

新兴亚股近一年吸金力超越中股

外资在亚洲新兴股票市场买超规模，6年来首度超过中国，可见投资者对中国经济成长的前景并不乐观。

Smart money is very smart.

Don't fool around the smart money, smart money knows the facts and not listening to lip service.

Posted by IDQWE001 > 12 hours ago | Report Abuse

China Is Out of Money, and the CCP Is Massively Arresting Debtors

https://youtu.be/5xOjki6UBW8

All developers, bankers, local governments, policemen, judges are CCP, home buyers in bad debts caused by abandoned housing projects still have to rent another house unit and keep on paying housing loans. Very pity.

Posted by IDQWE001 > 27 minutes ago | Report Abuse

Chinese professor says youth jobless rate might have hit 46.5%

With such high jobless rate, export dropped and bad debts with negative assets caused domestic low consumption power whatever GDP % growth announced smart money will not follow. Siok sendiri only

CHINA ECONOMY
China’s real estate slump predicted to last for years, threatening to spill into the wider region
PUBLISHED TUE, JUN 13 20238:11 PM EDT

This is entire real estate sectors collapsed and not a single individual company, worse than 3rd world country. Try to avoid any property development in Malaysia involved those bad debts developers. However, those l.ic.king CCP such as qqq and silly supporters are suggested to buy more units. Don't be lip service and throw in your money to really prove that you go all out to support.

Sensex closes above 67,000, Nifty gains as dream rally continues

The NSE Nifty 50 closed 0.42 percent higher at 19,833.15, while the S&P BSE Sensex rose 0.45 percent to 67,097.44.

In Short
-Stock indices extend gains on Dalal Street for fifth day
-Nifty closes at 19,833.15, Sensex closes above 67,000 for first time
-Banking, financial, and media stocks boost market sentiment

By Koustav Das: Benchmark stock market indices ended higher on Wednesday, extending their strong run on Dalal Street for the fifth consecutive session.

The NSE Nifty 50 closed 0.42 percent higher at 19,833.15, while the S&P BSE Sensex rose 0.45 percent to 67,097.44. With this, the Sensex closed above the 67,000 mark for the first time ever. Broader market indices also ended the session on a positive note.

No need to advertise and hard selling such as qqq wayang kulit, smart money told you everything about the direction of a country.

Posted by IDQWE001 > 7 hours ago | Report Abuse

You are right, indeed, at least newly delivered housing projects in Malaysia complete with toilets, water supply and sanitary system. No need to stay in abandoned houses or units.

And also, Malaysia depositors able to withdraw the hard earned money from bank as and when.

For sure Malaysia is better wihtout CCP, those silly CCP supporters love CCP very much please buy property from CCP and migrate there. Remember to learn Chinese wording and no more using 26 alphabets because CCP don't like English although they love US dollars.

Saudi Arabia did receive RMB amid selling oil & gas to China, but immediately Saudi is smart to convert into gold on the Shanghai International Gold Exchange (SGEI).

Posted by IDQWE001 > 1 hour ago | Report Abuse

Posted by DickyMe > 7 minutes ago | Report Abuse

If you like China so much, go back there.
Don't make noise while staying in Malaysia.

Malaysia is a better place to stay at least we don't have negative assets.

You are right, indeed, at least newly delivered housing projects in Malaysia complete with toilets, water supply and sanitary system. No need to stay in abandoned houses or units.

qqq is a Russia communist who can't master Chinese wording and anti Chinese keep on telling negative assets and bad debts were good for local Chinese. He pro Russia and CCP but anti America.

內房又爆災 掀股債雙殺

東方日報
2023年7月19日週三 上午5:45

Stock investors were conned by CCP dogs such as qqq for misleading and keep telling on nonsense negative assets and bad debts were good. qqq shouldn't lip service and keep telling good about those CCP real estate toilet paper stocks and bomds, he should invest on those stocks and bonds to prove that those stocks really better than toilet papers.

Posted by IDQWE001 > 4 minutes ago | Report Abuse

Posted by foongsh > 6 minutes ago | Report Abuse

Homebuyers Angry! Evergrande Halts All Operations

https://youtu.be/ZgA8LmppL0E

What a long lists of abandoned projects created by CCP. KPKT would have withdrawn the developer license and stop issuing APDL to the developer on the new housing projects if any project abandoned. Most importantly SPA won't allow bank to release payments to developer which not following stage billing in accordance to SPA. Who tell you communism and socialism property system better than Malaysia real estate regulations.

Thank you for sharing Malaysia real estate regulations. It is very sure that those home buyers would have a very tough life to bear bad debts by having negative assets.

Homebuyers Angry! Evergrande Halts All Operations

https://youtu.be/ZgA8LmppL0E

Other country will try to stop the debts get bigger to trap the home buyers. But CCP allow this monster to suck more more local Chinese bloods by delaying it even allow it to announce 2 years annual report on the same day. The entire real estate sectors are designed to trap the local Chinese into bad debts.

史上最大地產黑洞！許家印攤牌，恒大負債2.5萬億，兩年虧8千億！所有債主瑟瑟發抖，沒人敢讓它破產！80萬買了爛尾房的家庭眼淚哭幹！

https://youtu.be/NM1N1xyAEvg

Although other country's developers got bankrupcy but it is a great achievement that created by CCP to make the company debt as much as Malaysia total debts. Communism and socialism are failure system proven in USSR, North Korea and Cuba.

Posted by IDQWE001 > 11 hours ago | Report Abuse

Posted by The_JQuestion > 3 hours ago | Report Abuse

they have so less toilet they pee everywhere they can at night.... i seen it thats why very nice pee smell in the roads its normal
beijing is kinda dirty too lol most of it.... maybe shanghai guangzhou btr

Now all cities abandonned housing projects very smelly because no water supply for flushing and cleanning. Many home buyers still have to move inside there because no money to pay rental after pay cut/jobless and after paying housing loan.

What a straight to the points, pity home buyers spent 200-300% of price to buy an abandonned house without toilet and water supply. CCP dogs fell very happy and proud for those home buyers what an anti Chinese but don't blame him because his parents shame on him losing his own identity without knowing his own ancient language.

Posted by i3lurker > 2 hours ago | Report Abuse

Do toilets in China not have doors?
It is not uncommon for toilets in China to not have doors, especially in public restrooms. While some public restrooms may have stalls with doors, others may have open toilets or toilets separated by partitions that do not reach the ceiling. This is more common in older buildings or less developed areas of the country.

Silly qqq never been to China lah and he does not know his ancient language. his parents must be shame on him hope that he learn his ancient language in the rest of his life.

Massive Store Closures & Unemployment in Shanghai and Shenzhen. The Great Depression Strikes China

https://youtu.be/fsZQL-_Y9CA

Posted by IDQWE001 > 2 hours ago | Report Abuse

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Some CCP dogs not even could master his ancient language, his parents must be shame on him.

CCP dogs could be communists, Coummunism and sociolism are failure system western rubbish.

qqq is rubbish CCP dog.

Posted by IDQWE001 > 5 minutes ago | Report Abuse

Mexico replaced China as America's top trade buddy — and it shows how the global economy is rapidly transforming


Global supply chain restructuring with strong and soild alliance. Stay away evil alliance.

Posted by IDQWE001 > 1 hour ago | Report Abuse

China evacuates first group of its citizens stuck in war-torn Sudan

Sudan clashes: Army and paramilitary forces have clashed across Sudan since April 15, killing hundreds and causing acute shortages of water, food, medicines.

China has evacuated the first group of its citizens from Sudan, Beijing's foreign ministry said Monday, amid heavy fighting in the African nation.

CCP already ran away. Lol.

Both evil alliance CCP & Russia mess up Africa, pity Africans.

Posted by IDQWE001 > 5 minutes ago | Report Abuse

Wagner’s services vary based on the needs of its clients, which include rebel groups and regimes, and its funding ranges from direct payment to resource concessions.

Evil Russia took away resources from Africa and provide weapons to rebels to kill Africans.

Posted by IDQWE001 > 1 hour ago | Report Abuse

截止去年底，恒大负债总额2兆4374.1亿人民币（1兆 5419亿令吉). What a big achievement a developer could make such a huge loss almost equivalent to Malaysia total debt.

Exports and imports dropped, real estate bubles burst, new high jobless with bad debts is real deflation. This is called changes not seen in 100 years’ is coming to take over America. Lol.

Silly CCP Xi brought the country to wrong direction now is only starting and more to come.

Indeed, evil Putin and evil Russia.

截止去年底，恒大负债总额2兆4374.1亿人民币（1兆 5419亿令吉). What a big achievement a developer could make such a huge loss almost equivalent to Malaysia total debt.

Posted by IDQWE001 > 15 minutes ago | Report Abuse

India has chosen a strong and soild alliance.

India will not work with evil alliance, power crazy and dictators.

Posted by IDQWE001 > 3 hours ago | Report Abuse

Evergrande's overdue results to show steep losses, market eyes liquidity update

CCP dragged this issue for many years, only local Chinese suffered from bad loans and unfinished housing projects.

osted by IDQWE001 > 3 hours ago | Report Abuse

CCP could announced 65% GDP growth but the smart money not convinced. So now CCP should blame the smart money ?

It is up to Xi to have his own preferred numbers, however, smart money just don't follow what he said.

Posted by IDQWE001 > 5 minutes ago | Report Abuse

秦刚隐身20天 墙内网盛传与双面女谍有染被中纪委问话

CCP full of sex, US dollars, spy and suicide stories.

Country with dictators and not transparent full of this type story especially corrupted and sex addicted CCP.