Posted by Tobby > 2022-08-03 21:42 | Report Abuse

Instead of spreading democrazy among mainland China, Granny Pelosi actually erupted strong anger among chinese China!
China social media actually saw shape rise of anger and demand CCP to take military action against Taiwan and Granny Pelosi!
Yeah, what a strange phenomena! And what is more stranger, chinese China are dissapointed Chairman Xi didn't follow through with Taiwan invasion when Granny Pelosi stepped into Taiwan!

Posted by Tobby > 2022-08-03 21:44 | Report Abuse

It seems Granny Pelosi visit to Taiwan was a flopped! She actually helped CCP to gain more support from her people! And for her to come to Taiwan is seen as another attempt of the white people to intervene in chinese people affairs!

Posted by Tobby > 2022-08-03 21:46 | Report Abuse

Granny Pelosi should have learn from Hong Kong democrazy attempt! After decades of CIA intervention, HOng Kong is now on smooth path to be just another province of China!
The more Democrats and their enlightens try to intervene, the faster Taiwan will be forced to become part of China!

Posted by Tobby > 2022-08-03 21:47 | Report Abuse

However, it's not looking good for Chairman Xi! Chinese China saw Chairman Xi soft respond as failure! But for reputation of CCP, it saw sharp increase in support!

Posted by m3379 > 2022-08-03 22:03 | Report Abuse

On one hand Taiwan is a country. A democratic country, where everyone is enjoying democracy and call themselves part of China so that China leaves them alone. On the other hand. Taiwan is a country that is not a part of China and it's annoying to have to pretend that it is.
It's like wearing a plastic turd on your head so that your bully/China doesn't drop a real one on you. You can safely enjoy your day, but with a plastic turd on your head.

Posted by Sslee > 2022-08-03 22:26 | Report Abuse

China is using this opportunity to test out air and sea blockage around Taiwan.

Why need to fight a war when you can impose a sea and air blockage around Taiwan.

Posted by Tobby > 2022-08-03 22:28 | Report Abuse

Granny Pelosi is only making things harder for Taiwan and taiwanese!

Posted by Junichiro > 2022-08-04 10:22 | Report Abuse

The ban on export of sand to Taiwan will affect TSMC.

Posted by ahbah > 2022-08-04 11:03 | Report Abuse

"Why is Crazy Nancy Pelosi in Taiwan," Mr Trump wrote on his Truth Social platform.

"Always causing trouble. Nothing she does turns out well."

Aunti ... a trouble causer ?

Posted by Junichiro > 2022-08-04 12:44 | Report Abuse

Polisi is doing all these stunt for her own self interest. The mid term elections n nothing more.

Posted by Junichiro > 2022-08-04 14:30 | Report Abuse

Michael Hudson, author of "Super Imperialism", former consultant to the US State Dept, said :

"Most of the Taiwanese officials, including central bank officials that I used to meet with, all say, you know, ultimately we want to, we plan on rejoining China. We’re going to try to take as much of a business position in mainland China as we can.

But ultimately, the economy is going to re-merge. It’s just a question of when we can get a better deal from China than we get in the United States.

And as the United States is in a state of rapid shrinkage of its economy right now, all of a sudden other countries are saying that very quickly, well, let’s rethink our position and maybe we’re going to do better off not following the neoliberal plan of the United States.

Let’s have a mixed economy where the government and industry and labor work together to develop the economy instead of a polarized, financialized, Reagan- and Thatcherized economy that you’re having in the United States and England."

Posted by Junichiro > 2022-08-04 14:31 | Report Abuse

MICHAEL HUDSON: There was a lot of discussion recently in China about the Plaza Accord and the Louvre Accord. There’s no parallel at all.

They’re looking at this as an object lesson. They say, we saw what the United States did to Japan. We’re not going to let the United States do it to us.

We’re not going to inflate our economy and create a bubble here just so that we are as inflated as the U.S. economy is. We’re going to lower our prices. We’re not going to make a financial boom and a real estate boom. We’re going to do just the opposite.

Instead of letting banks getting rich on real estate loans, like to Evergrande, we’re going to let Evergrande go under. We’re going to let the bondholders of Evergrande go under. We’re going to let the stockholders of Evergrande go under.

And we’re going to create a basic tax system and public support system to minimize the cost of housing.

So that, while the American middle class and political parties think that they’re getting rich, as their housing prices are going up, the Chinese people think they’re going to get rich as housing prices go down, and they can afford more and more housing at a lower and lower price, while their wages go up.

Posted by Junichiro > 2022-08-04 14:38 | Report Abuse

Just google "Michael Hudson, Super Imperialism", you can get the transcript of the discussion and lots more about dedollarisation etc...

Posted by Junichiro > 2022-08-04 14:41 | Report Abuse

Foreigners are screaming about Evergrande. It is the PRC government taking steps to avoid the pitfalls of creating an economic bubble in direct opposite of the western economies.