KEY POINTS
-A new BRICS currency is currently not on the agenda, said India's Foreign Minister S. Jaishankar
-His remarks come ahead of a BRICS summit to be held in August in South Africa
-Brazil and South Africa's leaders recently made statements about an alternative to the U.S. dollar
India has shut down speculation in recent weeks that the BRICS nations were planning a common currency to derisk their economies from the kind of devastating sanctions that the United States has levied on Russia and other countries by leveraging the greenback's global dominance.
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1,487 comment(s).Last comment by IDQWE001 2023-10-04 18:00
Posted by IDQWE001 > 39 minutes 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 Xi bring the country to wrong direction.
Very true, wolf warrior pushed the neighbouring to its opponent alliance.
presently the west is united in demonising China because they do not want their citizens to know the real China. ...if they know the real China, they are afraid there will be a revolution in the west. ...............and that is the world we live in today.
two malaysia chinese wants to help Biden............totally i.diotic.
everyday, we read of western lies and propaganda against China............such lies and propaganda getting more urgent by the day.
what I see is the opposite in China. In China, I only see calm , people very rational, go about their lives calmly and stay positive, advancing every day.
difficult to know the back ground of idq foong........but I think a small minority in Malaysia, among all racial groups. Surely not Gen Z, Gen Z has nothing against China. ................surely not baby boomers, baby boomers have seen every thing. , experienced every thing.
the strongest feelings against China / against CPC comes from a small portion of Christian evangelists. / falungkong extremists.
the strongest feelings against China / against CPC comes from a small portion of Christian evangelists. / falungkong extremists.................................but most crucially have small brains the size of peas. ..so easily influenced by western propaganda
Chinese manufacturing activity shrinks in July - Caixin PMI
Investing.com -- Chinese manufacturing activity unexpectedly shrank in July, a private survey showed on Tuesday, highlighting the need for more stimulus measures from Beijing as the country’s biggest economic engines run out of steam.
The Caixin manufacturing purchasing managers’ index (PMI) read 49.2 for July, lower than forecasts of 50.3 and the prior month’s reading of 50.5. A reading below 50 entails contraction.
The survey showed that manufacturing output fell, while overall new business also declined. The reading also sank back into contraction territory after two months of marginal growth.
The Caixin reading comes in line with the results of a government survey released on Monday, which also showed a contraction in manufacturing activity for July.
But the Caixin reading differs from the official survey, in that it focuses more on smaller, private enterprises, as opposed to the bigger, state-run enterprises surveyed by the official survey.
Tuesday’s reading now shows that a manufacturing slowdown has dented all facets of China's key growth engine. The manufacturing sector is also struggling with a decline in overseas demand, amid worsening economic conditions across the globe.
But the reading further highlights the need for more stimulus measures from Beijing, as a post-COVID economic recovery runs out of steam. Top Chinese officials have vowed to roll out more measures to spur local consumption, which is expected to elicit some economic growth later in the year.
“In terms of policies, guaranteeing employment, stabilizing expectations and increasing household income should still be the top priorities. At present, monetary policy only has limited effect on boosting supply. An expansionary fiscal policy that targets demand should be prioritized,” Wang Zhe, Senior Economist at Caixin Insight Group said in a note.
Chinese economic growth slowed sharply in the second quarter, recent data showed, as growth failed to pick up despite the relaxing of anti-COVID measures earlier this year. Beyond manufacturing, other facets of the Chinese economy also now appear to be slowing.
Posted by IDQWE001 > 39 minutes 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 Xi bring the country to wrong direction.
CCP dogs very frustrated and fear on the facts but they can't do anything to the wrong direction.
and the pro China content creators complain that youtube have not been fair to them. ....utube is american owned and based in america. , so it is to be expected
Nvidia's AI GPUs Are Selling for up to $70,000 in China
Demand for generative artificial intelligence-based services and fears that the U.S. government could restrict sales of GPUs for AI workloads continues to drive up prices in the People's Republic of China. In some cases, the price of Nvidia's H800 compute GPU can reach as high as ¥500,000, or about $70,000 per unit, MyDrivers reports. In fact, it's still hard to get a GPU, even at this pricing.
Last month the price of Nvidia's A800 GPU, which is used for artificial intelligence (AI) and high-performance computing (HPC) applications, jumped 20% to ¥110,000 ($15,000) practically overnight after rumors that the U.S. government can restrict exports of such products to China emerged. Now, Nvidia's A800 and H800 compute GPUs can reach ¥120,000 ($16,800, presumably for A800), ¥250,000 ($34,970), ¥300,000 ($41,970), and even ¥500,000 ($69,950, presumably for H800).
But even if one has the money to pay for China-oriented A800 and H800 GPUs — cut-down versions of Nvidia's A100 and H100 compute GPUs with reduced performance and scalability — it may be impossible to obtain one of these devices. Instead of buying from a distributor or reseller, one may need to talk directly to Nvidia China or even Nvidia corporate headquarters, the report says. The ridiculously high prices should not come as a surprise. The vast majority of AI clusters are based on Nvidia's compute GPUs and run software designed for Nvidia's CUDA software layer that exclusively supports processors from the green company. If owners of AI services and clusters cannot get enough compute GPUs to support the growing demand for their products, the quality of their services will degrade, and they risk losing their business over time. Nvidia does not comment on pricing for its data center GPUs, so take the report about prices of the company's compute GPUs with a grain of salt. Meanwhile, an Nvidia H800 compute GPU in an add-in-board form-factor costs $30,603 in the U.S. Meanwhile, CDW, one of the prominent resellers of data center hardware, lists only one of such cards, and it takes 5-7 business days to get it, which may point to relatively short supply of these products.
qqq please tell CCP not to worry because you know some scientists of CCP able to manufacture better 'cheats'. CCP forgot about which scientists but you know better than CCP please inform CCP immediately without further delay. Lol.
presently China GDP per capita is one quarter of America , at this low level of one quarter, .median life , median citizen in China already having a far better life than life in America,
as for Nvidia chips...................there are many ways to handle the situation.........they can smuggle the chips, they can pay high prices for the chips, they have invented new packaging technology to use less advanced chips for their AI needs, less efficient , use more energy ...but still gets the job done and cannot stop the AI development in China......because of this I have decided to have some sencetime shares. ....
Nvidia already complaining they cannot ignore the China market anymore or the company will go bankrupt.
China is built on global supply chain......with the sudden disruption to supply chains, they will be problems..............but China will over come. Its just a matter of a few years.
Posted by IDQWE001 > 10 minutes ago | Report Abuse
qqq please tell CCP not to worry because you know some scientists of CCP able to manufacture better 'cheats'. CCP forgot about which scientists but you know better than CCP please inform CCP immediately without further delay. Lol.
ha .... no need to get scientists lah just tell CCP 5000 years history and everyday read Xi political sloagan could become no. 1 superpower even without AI Chips. Lol.
Posted by IDQWE001 > 10 minutes ago | Report Abuse
qqq please tell CCP not to worry because you know some scientists of CCP able to manufacture better 'cheats'. CCP forgot about which scientists but you know better than CCP please inform CCP immediately without further delay. Lol.
ha .... no need to get scientists lah just tell CCP 5000 years history and everyday read Xi political sloagan could become no. 1 superpower even without AI Chips. Lol.
Without CCP market Nvidia will go bankrupcy ? What a silly joker.
Posted by IDQWE001 > 10 minutes ago | Report Abuse
qqq please tell CCP not to worry because you know some scientists of CCP able to manufacture better 'cheats'. CCP forgot about which scientists but you know better than CCP please inform CCP immediately without further delay. Lol.
ha .... no need to get scientists lah just tell CCP 5000 years history and everyday read Xi political sloagan could become no. 1 superpower even without AI Chips. Lol.
Without CCP market Nvidia will go bankrupcy ? What a silly joker.
CCP forgot that Nvidia will go bankrupcy without CCP market, it is better qqq to inform CCP giving warning to Nvidia and surrender immediately. Lol.
The american semi conductor association with all the important CEO went to tell Biden, he has to be more careful in the chip war or they will go bankrupt ....
biden is trying to find a way out without losing face. Time is on China side not america's side.
It is better to remind CCP that more than 4000 top level patriots scientists have returned to China in last 2 years alone but qqq please provide the full name lists and contact numbers to CCP. Lol.
It is better to remind CCP that more than 4000 top level patriots scientists have returned to China in last 2 years alone but qqq please provide the full name lists and contact numbers to CCP. Lol.
You are right with the full name list and contact number provided to CCP. Chips CEO told Biden they will go bankcrupcy without CCP market, America will go bankcrupy too. Biden will surrender.
Conclusion: qqq to advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate.
It is better to remind CCP that more than 4000 top level patriots scientists have returned to China in last 2 years alone but qqq please provide the full name lists and contact numbers to CCP. Lol.
You are right with the full name list and contact number provided to CCP. Chips CEO told Biden they will go bankcrupcy without CCP market, America will go bankcrupy too. Biden will surrender.
Conclusion: qqq to advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate.
China media is a very responsible media but they just like qqq forgot to advise CCP stop buying any chip immediately to make chips company and America go bankrupcy without hesitate.
It is better to remind CCP that more than 4000 top level patriots scientists have returned to China in last 2 years alone but qqq please provide the full name lists and contact numbers to CCP. Lol.
You are right with the full name list and contact number provided to CCP. Chips CEO told Biden they will go bankcrupcy without CCP market, America will go bankcrupy too. Biden will surrender.
Conclusion: qqq to advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate.
China media is a very responsible media but they just like qqq forgot to advise CCP stop buying any chip immediately to make chips company and America go bankrupcy without hesitate.
In order to make CCP sucessful and failure of America qqq to advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate. As an oversea Chinese it is your responsible to do that. Lol.
The existence of anti China propaganda is to benefit China meh ? The intention is to unite the world against China. .....and if possible to cause chaos in China....
Two I'd.oits in Malaysia want take part in such mischiefs
In order to make CCP sucessful and failure of America qqq to advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate. As an oversea Chinese it is your responsible to do that. Lol.
In order to benefit CCP, qqq should strongly advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate. As an oversea Chinese it is your responsible to do that. Lol.
This is not the time to be ashamed of being Chinese....this is rejuvenation of China and for all Chinese including overseas Chinese to stand tall and proud to be Chinese.
In order to make CCP sucessful and failure of America qqq to advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate. As an oversea Chinese it is your responsible to do that. Lol.
In order to benefit CCP, qqq should strongly advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate. As an oversea Chinese it is your responsible to do that. Lol.
qqq might not be a joker he could be the leader of 4000 top level patriots Malaysian scientists on the AI chips on the way to CCP, as such, CCP did not have their informaton at the moment. With qqq assistance CCP will take lead on AI chips technology. Lol.
In order to make CCP sucessful and failure of America qqq to advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate. As an oversea Chinese it is your responsible to do that. Lol.
In order to benefit CCP, qqq should strongly advise CCP please stop buying any chip immediately to make chips company and America go bankrupcy without hesitate. As an oversea Chinese it is your responsible to do that. Lol.
qqq might not be a joker he could be the leader of 4000 top level patriots Malaysian scientists on the AI chips on the way to CCP, as such, CCP did not have their informaton at the moment. With qqq assistance CCP will take lead on AI chips technology. Lol.
I fully agreed with qqq, without CCP buying AI chips Nvidia/AMD would have gone bankrupcy. China media is a very responsible media and would have warned Biden, however, Biden did not understand Chinese like qqq. As a stand tall and proud to be Chinese, qqq would engage with the translator and convey this message to Biden without further delay. Lol.
Posted by IDQWE001 > 24 minutes ago | Report Abuse
I fully agreed with qqq, without CCP buying AI chips Nvidia/AMD would have gone bankrupcy. China media is a very responsible media and would have warned Biden, however, Biden did not understand Chinese like qqq. As a stand tall and proud to be Chinese, qqq would engage with the translator and convey this message to Biden without further delay. Lol.
No worry, qqq, as stand tall and proud Malaysian Chinese, he would engage with the translator and convey this message to Biden as per message from China media. Make sure the message published in WSJ/Reuters/Bloomberg so that Biden got the message to surrender. So that Biden would not play play with Malaysian Chinese like qqq. Lol.
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....
Posted by IDQWE001 > 2023-07-18 09:23 | Report Abuse
KEY POINTS -A new BRICS currency is currently not on the agenda, said India's Foreign Minister S. Jaishankar -His remarks come ahead of a BRICS summit to be held in August in South Africa -Brazil and South Africa's leaders recently made statements about an alternative to the U.S. dollar India has shut down speculation in recent weeks that the BRICS nations were planning a common currency to derisk their economies from the kind of devastating sanctions that the United States has levied on Russia and other countries by leveraging the greenback's global dominance.