Waiting for the information from the official channels in Bursa to get the official confirmation would be dying standing in investing or trading to us. We don't have to come to i3investor anymore to learn hidden information from the informal channel.
China's Covid Lockdowns Are INSANE China is facing yet another wave of Covid, and in its infinite wisdom, the Communist Party is trying to fight Covid the same way it struggles against political dissidents: by locking it up. Watch this episode of China Uncensored for more on China's insane lockdowns, how some of the CCP's Covid policies could be making things worse, and how the CCP has dealt with the pushback. https://www.youtube.com/watch?v=4wZ-vqiPBM8
Beijing has different approach for 'Nine-dash line' claim over South China Sea China Reports - The BL 9.54K subscribers
The Chinese regime may be changing the strategy for the South China Sea as pointed out by the Malaysian Foreign Minister Saifuddin Abdulla. He found that Beijing seems to have changed its "nine-dash line" toward another legal basis to support claims for these waters, according to Radio Free Asia.
China definitely has legal basis towards 9 dash line mah!
Posted by uncensored > Jan 22, 2022 9:24 PM | Report Abuse
Beijing has different approach for 'Nine-dash line' claim over South China Sea China Reports - The BL 9.54K subscribers
The Chinese regime may be changing the strategy for the South China Sea as pointed out by the Malaysian Foreign Minister Saifuddin Abdulla. He found that Beijing seems to have changed its "nine-dash line" toward another legal basis to support claims for these waters, according to Radio Free Asia.
UK’s propaganda leaflets inspired 1960s massacre of Indonesian communists Pamphlets attacked the president and foreign minister
Paul Lashmar, Nicholas Gilby and James Oliver Sun 23 Jan 2022 04.15 EST
Shocking new details have emerged of Britain’s role in one of the most brutal massacres of the postwar 20th century.
Last year the Observer revealed how British officials secretly deployed black propaganda in the 1960s to incite prominent Indonesians to “cut out” the “communist cancer”.
It is estimated that at least 500,000 people linked to the Indonesia communist party (PKI) were eliminated between 1965 and 1966.
Documents newly released in the National Archives show how propaganda specialists from the Foreign Office sent hundreds of inflammatory pamphlets to leading anti-communists in Indonesia, inciting them to kill the foreign minister Dr Subandrio and claiming that ethnic Chinese Indonesians deserved the violence meted out to them.
What Was the Great Leap Forward? By THE INVESTOPEDIA TEAM Updated September 22, 2021 Reviewed by MICHAEL J BOYLE
What Is the Great Leap Forward? The Great Leap Forward was a five-year plan of forced agricultural collectivization and rural industrialization that was instituted by the Chinese Communist Party in 1958, which resulted in a sharp contraction in the Chinese economy and between 30 to 45 million deaths by starvation, execution, torture, forced labor, and suicide out of desperation. It was the largest single, non-wartime campaign of mass killing in human history.
The initiative was led by Mao Zedong, also known as Mao Tse-tung and Chair Mao. Mao’s official goal was to rapidly evolve China from an agrarian economy into a modern industrial society with a greater ability to compete with Western industrialized nations.
KEY TAKEAWAYS - The Great Leap Forward was a five-year economic plan executed by Mao Zedong and the Chinese Communist Party, begun in 1958 and abandoned in 1961.
- The goal was to modernize the country's agricultural sector using communist economic ideologies.
- Instead of stimulating the country's economy, The Great Leap Forward resulted in mass starvation and famine.
- It is estimated that between 30 and 45 million Chinese citizens died due to famine, execution, and forced labor, along with massive economic and environmental destruction.
- The Great Leap Forward remains the largest episode of non-wartime mass killing in human history, and a clear example of the failures of socialism and economic central planning.
Understanding the Great Leap Forward In 1958, Mao announced his plan for the Great Leap Forward, which he laid out as a five-year plan to improve the economic prosperity of the People’s Republic of China. He devised the plan after touring China and concluding that he felt the Chinese people were capable of anything.
Overall, the plan was centered around two primary goals, collectivizing agriculture, and widespread industrialization, with two main targets, increasing grain and steel production.
Agriculture Private plot farming was abolished and rural farmers were forced to work on collective farms where all production, resource allocation, and food distribution was centrally controlled by the Communist Party. Large-scale irrigation projects, with little input from trained engineers, were initiated, and experimental, unproven new agricultural techniques were quickly introduced around the country.
These innovations resulted in declining crop yields from failed experiments and improperly constructed water projects. A nationwide campaign to exterminate sparrows, which Mao believed (incorrectly) were a major pest on grain crops, resulted in massive locust swarms in the absence of natural predation by the sparrows. Grain production fell sharply, and hundreds of thousands died from forced labor and exposure to the elements on irrigation construction projects and communal farming.
Famine quickly set in across the countryside, resulting in millions more deaths. People resorted to eating tree bark and dirt, and in some areas to cannibalism. Farmers who failed to meet grain quotas, tried to get more food, or attempted to escape were tortured and killed along with their family members via beating, public mutilation, being buried alive, scalding with boiling water, and other methods.
Industrialization Large-scale state projects to increase industrial production were introduced in urban areas, and backyard steel furnaces were built on farms and in urban neighborhoods. Steel production was targeted to double in the first year of the Great Leap Forward, and Mao forecast that Chinese industrial output would exceed Britain’s within 15 years. The backyard steel industry produced largely useless, low-quality pig iron. Existing metal equipment, tools, and household goods were confiscated and melted down to fuel additional production.
Due to the failures in planning and coordination, and resulting materials shortages, which are common to central economic planning, the massive increase in industrial investment and reallocation of resources resulted in no corresponding increase in manufacturing output.
Millions of “surplus” laborers were moved from farms to steel making. Most were the able-bodied male workers, breaking up families and leaving the forced agricultural labor force for the collective farms consisting of mostly women, children, and the elderly. The increase in urban populations placed additional strain on the food distribution system and demand on collective farms to increase grain production for urban consumption. Collective farm officials falsified harvest figures, resulting in much of what grain was produced being shipped to the cities as requisitions were based on the official figures.
The End Result The Great Leap Forward ended up being a massive failure. Tens of millions died by starvation, exposure, overwork, and execution in just a few years. It broke families apart, sending men, women, and children to different locations, and destroyed traditional communities and ways of life. Farmland was damaged by nonsensical agricultural practices and the landscape denuded of trees to fuel the steel furnaces. Thirty to 40% of the housing stock was demolished to obtain raw materials for collective projects. In industry, massive quantities of capital goods and raw materials were consumed in projects that yielded no additional output of final goods.
The Great Leap Forward was officially halted in Jan. 1961 after three brutal years of death and destruction.
What Was the Purpose of the Great Leap Forward Program? The Great Leap Forward was a relatively short-lived effort by the communist regime of China to modernize its rural and agricultural sectors through collectivism and industrialization.
What Happened in the Great Leap Forward? Rather than stimulating the economy, the measures undertaken by the Great Leap Forward resulted in massive food shortages, leading to famine and starvation—ultimately, tens of millions of Chinese citizens died as a result.
How Did the Great Leap Forward Cause Famine? The failure of this program was due to the confluence of several factors. Efforts to kill off birds increased insect populations that ruined crops. The communal farms set up by the Great Leap Forward were beset by inadequate food distribution throughout the country given China's relatively primitive infrastructure at the time.
At the same time, there was an overproduction of grain, much of which rotted before being able to be transported. In addition, there was a bias to feed residents of urban centers rather than to peasants across the countryside, leading to higher death rates among rural communities than in cities.2
How Many People Died During the Great Leap Forward? While there is no exact count, researchers have estimated the death toll to be between 30 million and 45 million individuals.1
How Many People Died During the Great Leap Forward? While there is no exact count, researchers have estimated the death toll to be between 30 million and 45 million individuals
In 1958 to 1961 Many People Died During the Great Leap Forward? While there is no exact count, researchers have estimated the death toll to be between 30 million and 45 million individuals
The current chairman has the similar ideology like Mao.. using central economic planning, common prosperity, & nationalisation of private entrepreneur will lead to similar result in the period 1958...
By what evident do you base on to come to conclusion: The current chairman has the similar ideology like Mao.. using central economic planning, common prosperity, & nationalisation of private entrepreneur will lead to similar result in the period 1958...?
Do you know the first assembled Model 3s were delivered in December 2019, just twelve months after Tesla began site grading on the Gigafactory in December 2018.
You need to analyse why the Mao great leap failure. Please see the video & read up on Socialism & Capitalism.
Current China chairman has indicated in local new & with his action on economic issue that he favouring socialism policy ie central economic planning, common prosperity, & nationalisation.
China leader Deng knew the shortcoming of socialism as he witnessed the fall of Sovirt Union. Soon after the fall of SU, in 1992 Deng Xiaoping's southern tour , he warned the Jiang the leader at that time to speed up the reform & open policy that he approved. He said "those who do not promote reform should be brought down from their leadership positions". He reform & open policy is to adpot Capitalism.
But the current chairman is slowly departed Deng policy in favour of socilalism
How Socialism Wiped Out Venezuela’s Spectacular Oil Wealth ReasonTV 734K subscribers "At this moment Venezuela is living through its worst nightmare," said Luis Pedro España, a professor of sociology at Andrés Bello Catholic University in Caracas, who has studied the nation's economic collapse. "We are witnessing the end of Venezuela as a petro-state."
Venezuela has the world's largest proven oil reserves and yet the country has run out of gasoline. The socialist government has lost the capacity to extract oil from the ground or refine it into a usable form. The industry's gradual deterioration was 18 years in the making, tracing back to then-President Hugo Chávez's 2003 decision to fire the oil industry's most experienced engineers in an act of petty political retribution.
The near-total collapse in the nation's oil output in the ensuing years is a stark reminder that the most valuable commodity isn't a natural resource, but the human expertise to put it to productive use.
The little gas that is still available comes via periodic shipments from Iran. But the Venezuelan government doesn't officially charge at most gas stations. It uses a quota system, so filling a tank can mean waiting in line for days.
The Venezuelan oil industry turned a once poor agricultural nation into an important geopolitical player and one of the region's richest countries.
The economic crisis has caused much of the nation's educated middle class to flee the country, which will make rebuilding Venezuela's human capital an even greater challenge. In an ironic twist, Chavez's hand-picked successor, Nicolás Maduro, is now working to bring privately-run foreign oil companies back in.
Produced by Andrés Figueredo Thomson and Regan Taylor; translation by María José Inojosa Salina.
Current China chairman has indicated in local new & with his action on economic issue that he favouring socialism policy ie central economic planning, common prosperity, & nationalisation
Are you so blind to equate common prosperity as favouring socialism policy ie central economic planning & nationalisation.
Has current China government nationalised any private companies?
Then what is common prosperity ? Capitalism ?Please tell me how its implemeneted ? If you can't then your what you write seem does not match with your IQ level.... Hahahaha
By the way do you really understand what is SOCIALISM ?
Do you know many Western countries social welfare benefits are even higher compare to China?
Australia Prior to 1900 in Australia, charitable assistance from benevolent societies, sometimes with financial contributions from the authorities, was the primary means of relief for people not able to support themselves.[55] The 1890s economic depression and the rise of the trade unions and the Labor parties during this period led to a movement for welfare reform.[56]
In 1900, the states of New South Wales and Victoria enacted legislation introducing non-contributory pensions for those aged 65 and over. Queensland legislated a similar system in 1907 before the federal labor government led by Andrew Fisher introduced a national aged pension under the Invalid and Old-Aged Pensions Act 1908. A national invalid disability pension was started in 1910, and a national maternity allowance was introduced in 1912.[55][57]
During the Second World War, Australia under a labor government created a welfare state by enacting national schemes for: child endowment in 1941; a widows' pension in 1942; a wife's allowance in 1943; additional allowances for the children of pensioners in 1943; and unemployment, sickness, and special benefits in 1945.[55][57]
Canada Edit Canada's welfare programs[58] are funded and administered at all levels of government (with 13 different[58] provincial/territorial systems), and include health and medical care, public education (through graduate school), social housing and social services. Social support is given through programs including Social Assistance, Guaranteed Income Supplement, Child Tax Benefit, Old Age Security, Employment Insurance, Workers' Compensation, and the Canada/Quebec Pension Plans.[59]
Yes I knew. Social welfare is the socialist ideology hence this is a part of socialism ideology. Whereas common prosperity is also a social ideolgy that derived from socialism. Xi planned to rob the high income level, but whether where will the money go is million dollar question.
So are you blind that you can't see that common prosperity is from socialism ?
Capitalism do not agreed on Government providing social aids.
"Common prosperity" was first mentioned in the 1950s by Mao Zedong, founding leader of what was then an impoverished country, and repeated in the 1980s by Deng Xiaoping, who modernised an economy devastated by the Cultural Revolution.
"Common prosperity" is socialism ideology but not a Capitalism ideology.
September 1999, No.45 Select the year published 1999 View MThe "Three Reforms" in China: Progress and Outlook Sakura Institute of Research, Inc. Shigeo Kobayashi, Jia Baobo and Junya Sano
.........
however, Deng Xiaoping indicated that it was acceptable for some regions to become wealthy before others. The result was a huge wealth disparity between coastal and inland regions, and between the cities and rural areas.
What Is Socialism? Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production. Those means include the machinery, tools, and factories used to produce goods that aim to directly satisfy human needs.
Communism and socialism are umbrella terms referring to two left-wing schools of economic thought; both oppose capitalism, but socialism predates the Communist Manifesto, a 1848 pamphlet by Karl Marx and Friedrich Engels, by a few decades.
In a purely socialist system, all legal production and distribution decisions are made by the government, and individuals rely on the state for everything from food to healthcare. The government determines the output and pricing levels of these goods and services.
Socialists contend that shared ownership of resources and central planning provide a more equal distribution of goods and services and a more equitable society.
Deng said that allowing some people and regions to become rich first would speed up growth and would help achieve the ultimate goal of common prosperity.
In 1985, Deng is quoted as having said that “we will fail if our policies lead to rich-poor polarisation, and we will really be on an evil path if some new bourgeoisie is created [due to the wealth disparity]”.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
treasurehunt
1,884 posts
Posted by treasurehunt > 2022-01-17 17:43 | Report Abuse
Waiting for the information from the official channels in Bursa to get the official confirmation would be dying standing in investing or trading to us. We don't have to come to i3investor anymore to learn hidden information from the informal channel.