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.

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1,487 comment(s). Last comment by IDQWE001 2023-10-04 18:00

i3lurker

14,391 posts

Posted by i3lurker > 2023-07-21 10:07 | Report Abuse

=> 46.5% unemployment by China Experts inside China?

Its obviously a lie and not applicable
coz the fake accountant only believes in western journalism who claims 20% unemployment.

foongsh

1,378 posts

Posted by foongsh > 2023-07-21 10:32 | Report Abuse

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

ahbah

6,236 posts

Posted by ahbah > 2023-07-21 10:54 | Report Abuse

Then, what India wants, please ?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 11:02 | Report Abuse

5% of 18 trillion is about 1 trillion. That is the largest contribution to world growth.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 11:21 | Report Abuse

Financial and property markets are cyclical
But Asian century is real.
China don't even call it rise of China
China calls it return to normality as 18 out of the last 20 centuries, China is the number one economy

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 11:23 | Report Abuse

Collapse of China Gordon chang style has been around like forever

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 11:29 | Report Abuse

I see America has far more problems than China. America as a society is polarised falling apart. People are unhappy and anxious
While China in united patriotic is hard working, positive, optimistic good government, scare of what?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 11:33 | Report Abuse

U try to unite Malaysia la. It seems impossible task
For Malaysia the word excellence is beyond reach . What we can do is get along follow the lead hope for the best

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 11:35 | Report Abuse

Over time Confucian societies China, Japan Korea Vietnam Singapore will find their commonality and help each other. That is called rooted. And good for the whole region good for the world.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 11:41 | Report Abuse

Then, what India wants, please ?
_≠=======

India will remain a feudalistic society for a long time. India never had the kind of revolution that 'China has gone through.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 11:45 | Report Abuse

Confucian societies. The people's dreams and hopes are very different from the liberal democracies. And this is the century for Confucian societies are excel. And all Confucian societies see Singapore as a successful Confucian society

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 12:23 | Report Abuse

western journalism....... China GDP Q2 6.3 % they say lousy, America GDP Q2 1.1% they say vigorous....................well......that is western journalism.

proper comment......come what may, sanctions, de coupling, de risking, .................China GDP will better those from the west. This is a transition period to a multi polar world, technology self reliance and PLA so strong cannot be bullied by the west.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 12:31 | Report Abuse

its actually very easy. When Wall Street comes crashing down, which it will by the end of the year.....................Japan and India will also follow. And China shares will go up as that is where the value is.

foongsh

1,378 posts

Posted by foongsh > 2023-07-21 12:50 | Report Abuse

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.

i3lurker

14,391 posts

Posted by i3lurker > 2023-07-21 14:03 | Report Abuse

agree 100%

In the event of DOW crash, China companies will sell their Iphones to Martians and Alpha Centauri residents who had already placed pre-orders at Area 51.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-21 14:55 | Report Abuse

Those unfinished housing projects could sell to ET also, CCP believes that ET do not need toilets. Lol.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-21 23:26 | Report Abuse

so what's the visits about? kissinger, yellen, bla bla bla..............america's surrender? terms of surrender of america?
https://finance.yahoo.com/news/top-economist-says-stock-market-183224418.html


I see america far more problems than China.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-22 00:03 | Report Abuse

Mass Layoffs in China: Unemployment Surging as Companies Leave China

https://youtu.be/shGtVXl8unM

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-22 00:05 | 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。

投资者对中国经济成长不乐观
《英国金融时报》引述高盛的统计指出,过去一年来,外资在中国大外的亚洲新兴市场股市,买超逾410亿美元,超过透过香港投入中股净流入的330亿美元。而再往前12个月,外资在亚洲新兴市场卖超760亿美元,在中股买超428亿美元。

如此转变,反映中国从严厉的防疫措施解封后,经济复苏力道令人失望的现实,也凸显亚洲其他经济体受益于供应链转移及美国半导体的强劲需求。

高盛亚太区股票策略师库尔说:“综观这一地区,会更倾向布局对美国经济成长较敏感的市场。”

他认为,中国复苏迟缓,与亚洲其他地区强劲成长、美国今年有望避免经济衰退,形成强烈对比。

美银对亚洲基金经理人的调查,也反映出对中国的信心恶化。调查显示,260名受访者中,逾半数将中股部位降为低于权重。

美银调查发现,86%基金经理人预料未来一年除日本外的亚太地区股市看涨,认为中国以外的亚太股市一直被低估。中国经济成长落后,地缘政治风险上升,也激发对中国以外投资标的的需求。

法巴银行亚太区股票研究负责人雷乔杜里说,除非中国的经济增长前景有所改善,否则投资者将持续观望中股。

2大主题:买印度+买AI
至于亚洲,他认为今年有两大主题,一是“买印度”,二是“买人工智能(AI)驱动的科技”。后者已带动台湾和韩国分别涌入100亿美元和90亿美元的资金,投资者重押AI带动的半导体需求。

花旗集团亚洲交易策略全球市场负责人阿帕亥说:“在中国成长引擎尚未全面复原的情况下,目光正在转向印度。”他指出,外资今年涌入印度的资金约为140亿美元。(综合外电)

Smart money is very smart.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-22 00:59 | Report Abuse

well, I don't think Beijing is interested in bailing out failed developers and their bond holders. That is how competition works.

20% unemployment can get 6.3% GDP growth is beyond excellent. Its fantastic.

foongsh

1,378 posts

Posted by foongsh > 2023-07-22 08:46 | Report Abuse

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.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-22 22:20 | Report Abuse

Experts in misinformation... western institutions fear criticism if they show any positive opinions on China...and that is the state of the world.
Seek truth from facts cannot be found within main stream media ...it's too dangerous for them. It can be found in some alternative media

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-22 22:21 | Report Abuse

America fears China...

Two Malaysia Chinese also want to help America meh?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-22 22:24 | Report Abuse

Indonesia co operation with China is producing a lot of good results for Indonesia ... Malaysia want to be left behind meh?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-22 22:27 | Report Abuse

Widodo very good leader for Indonesia. Anwar tries but malaysia is too messy

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-22 23:22 | Report Abuse

I like leaders who prioritize their country. widodo is up there.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-22 23:34 | Report Abuse

I like Widodo.........100% support Huawei, China HSR, hands over design and implementation of new capital Nusantara to China, applied to join BRICS+

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-23 08:33 | 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.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-23 08:36 | Report Abuse

中国芯片大佬爆困境 零件买不到设备如废铁

(北京19日讯)被美国列入黑名单的长江存储,总执行长陈南翔日前在上海2023中国国际半导体展指出,全球芯片设备制造业者之前出售给长江存储的设备,一部分因为美国管制措施无法继续使用,设备业者应该买回这些设备。

有评论认为,“买零件成问题,设备无法修复”这一状况凸显中国大陆芯片产业所面临的困境。

自由亚洲电台报道,陈南翔在题为“全球化促进半导体产业良性发展”的演讲指出,全球化市场竞争、创新与技术标准、供应链、人才流动、资源配置等五个和谐要素逐一被打破,他赞同台积电创始人张忠谋所说的“全球化已死”,认为半导体行业正经历“再全球化”的新阶段,也就是过去国际合作规则迅速瓦解,各国都追求把控产业链,促使芯片(芯片)本地制造。

陈南翔认为,全球半导体产业将进入动荡且无序的一个时刻,冲击现有全球供应链,对全球产业格局和分佈、商业模式造成影响。

这是陈南翔上任后,首次公开发表重要演讲。

他说,“我想做个呼吁,去建设你们的诚信,体现于你们的公平原则。就长江存储来讲,依法合规买回来的设备连零件也拿不到。可以设一个时间下,把设备在新的条件下回购,这样才公平。”

揭示中国半导体业困境

陈南翔称,现在长江存储的问题不是买不到芯片的先进设备,而是以前设备的零件都买不到,设备几乎无法修复,彷彿变成了畸形摆设。

陈南翔上述言论引起展会现场的哗然与震撼,各界专家纷纷表示,这是目前关于芯片问题最真实的反应,揭示中国半导体产业遭美国制裁后被逼入绝境,面临严峻挑战,而中国半导体产业的依赖性和薄弱环节也引发反思。

报道指出,台湾经济研究院产经资料库总监刘佩真指出,陈南翔的发言反映出现在中国业者面临一波波美国对中国半导体管制不断升级下,现实生产上所遭遇到困境。中国可能要寻求其他突破点,另外在国产化推进上,看政府能否扮演一些角色,除了在资金方面,最重要是要有技术来源、相关设备。

刘佩真说,连中国半导体芯片大厂都无法取得生产所需设备和零件,更验证外界的看法,中国的半导体设备大量仰赖进口,国产化推进的速度和产品质量不如预期,并且冲击成熟制程、先进制程的推进。

新闻来源:《世界日报》

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-23 08:38 | Report Abuse

Setback For De-Dollarization? No BRICS Currency Talks At South Africa Summit

The BRICS, an acronym referring to Brazil, Russia, India, China and South Africa, are meeting in Johannesburg in August 22-24 and it was rumored that group of nations could launch the common currency at the event.

South Africa's Ambassador at Large for Asia and BRICS Anil Sooklal said at a media briefing this week that the BRICS currency is not on the agenda at next month’s meeting, Reuters reported.

king36

1,022 posts

Posted by king36 > 2023-07-23 09:29 | Report Abuse

South Korean President went to USA, entertained and had a Karaoke sing-song.
Recently, Samsung lost 98% of its Revenue in China market.
India's PM went to USA recently, so understandably what India would do in the up-coming BRICS's meeting.
We wait and see of the loses it entails.
Maybe India could be an American mole in BRICS......

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-23 12:06 | Report Abuse

India has decided to sleep with America....they should form BRC+

ahbah

6,236 posts

Posted by ahbah > 2023-07-23 16:41 | Report Abuse

Maybe also India invites US to join BRICS ? Then, US by joining BRICS will know what BRICS is doing ?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-23 18:56 | Report Abuse

Communist bad CCP bad....such terms are so cartoonist. Such terms are used by China haters and mainly Americans....the truth China is very complex country with 5000 years history. .two Malaysians Chinese using such language is an insult to their parents insult to ancestors.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-23 20:20 | 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.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-23 20:22 | Report Abuse

Russian Missile Strike Damages Chinese Consulate in Odesa

The missile strike by Russian forces on Odesa, that occurred on the night of July 20, resulted in damage to the building of the Consulate General of the People’s Republic of China, Oleg Nikolenko, the Foreign Ministry spokesperson, reported.

Nikolenko said that the Foreign Ministry is communicating with the Chinese embassy to assess the extent of the damage and offer any necessary assistance.



The Chinese consulate general in Odesa is situated in the city's central area and is owned by China.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-23 20:26 | Report Abuse

Evil alliance fighting each other this is ‘changes not seen for 100 years’. No problem it depends on evil supporters support which evil. Lol

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-23 20:27 | Report Abuse

By the way Foreign Minister "Qing Gang is gone", worse than ISA 3rd world country.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-23 22:04 | Report Abuse

You are malaysia Chinese, u think u are American meh? So easily brain washed

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-23 22:06 | Report Abuse

Malaysia has good relations with China and hopefully for a long long time.

foongsh

1,378 posts

Posted by foongsh > 2023-07-23 23:47 | Report Abuse

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.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-23 23:49 | Report Abuse

CCP Is Toppling, Xi Is Crying! Chinese Foreign Minister Is Hiding

https://youtu.be/yjnt3VykBrI

CCP always full of sex, spy and corruption stories.

BILLC

2,045 posts

Posted by BILLC > 2023-07-23 23:54 | Report Abuse

OMG! Others mabuk ketum but you two mabuk CCP,,,,no CCP no steam ahhhh,,,,hahahaha,,,,

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-24 10:19 | Report Abuse

China has 3000 years governing experience. Malaysia can beat that meh? America can beat that meh?

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-24 12:25 | Report Abuse

Japanese stocks surge on strong earnings, BOJ meeting looms
Japan’s Nikkei 225 and the TOPIX were the best performers in Asia on Monday, rising 1.5% and 0.8%, respectively.

Both indexes were boosted by major automobile stocks following strong earnings from Mitsubishi Motors Corp. (TYO:7211), which clocked a 24% jump in its June quarter profit. The stock rose 5.6% and was the best performer on the Nikkei.

Peers Mazda Motor Corp (TYO:7261), Toyota Motor Corp (TYO:7203) and Nissan Motor Co (TYO:7201) rose between 1% to 5%, and are set to report their June quarter earnings in the coming weeks.

Broader Japanese shares were also aided by anticipation of a BOJ meeting this Friday, with the central bank widely expected to maintain its ultra-dovish stance for the time being.

Other Asian markets advanced on Monday. South Korea’s KOSPI rose 0.8%, while strength in bank stocks helped Australia’s ASX 200 rise 0.2%.

On the other hand, futures for India’s Nifty 50 pointed to a weak open, after the Nifty and the BSESN fell sharply from record highs on Friday. Both indexes are expected to see more profit taking in the coming days.

Chinese stocks lag as property sector tumbles, stimulus in focus
Chinese stocks lagged their peers for the day, coming under pressure from steep losses in the property sector amid renewed concerns over a debt crunch in the sector.

Hong Kong’s Hang Seng slid 1.2%, with real estate firm Country Garden Holdings Company Ltd (HK:2007) among the worst performers on the index as investors questioned its ability to meet its debt obligations.

China’s bluechip Shanghai Shenzhen CSI 300 index fell 0.2%, while the Shanghai Composite was flat.

Still, investors were also watching for any more stimulus measures in the country, amid a worsening slowdown in economic growth.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-24 12:25 | Report Abuse

Japan beat. Lol.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-24 12:27 | Report Abuse

Wanda to Raise $314 Million From Asset Sale as Bond Matures
Chinese conglomerate agrees to sell 49% of entertainment unit
Firm has a $400 million bond that’s effectively due Monday
July 23, 2023 at 6:46 PM EDT
Updated on July 23, 2023 at 11:20 PM EDT
Dalian Wanda Group Co. is selling a stake in one of its entertainment units for 2.26 billion yuan ($314 million), raising odds the Chinese conglomerate will avert default on a maturing dollar bond.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-24 12:29 | Report Abuse

China developer Country Garden shares extend losses on debt worries; others fall

SHANGHAI/SINGAPORE (Reuters) -Shares and bonds in Chinese property developer Country Garden and its property service arm Country Garden Services Holdings tumbled on Monday, extending losses from the previous week on debt concerns.

More liquidity troubles surfaced in China's property sector last week, sending down shares and bonds of the country's biggest developers.

Country Garden Services Holdings shares slumped more than 10% on Monday, while Country Garden fell more than 5%, with both down to their lowest level since last November.

Two onshore-traded bonds of Country Garden, plunged roughly 20% each, and some of its offshore-listed bonds also declined.

The property firm's move last week to refinance part of a 2019 loan facility failed to assure investors of its ability to repay debt due in coming months.

qqq never support just lip service.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-24 12:33 | Report Abuse

Is Cathie Wood Giving Up on Chinese Stocks?
Cathie Wood just made a bold move

2d ago · By Josh Enomoto, InvestorPlace Contributor
Cathie Wood of Ark Invest fame just revealed a bold move regarding Chinese stocks.
The notable investor’s Ark Innovation ETF (ARKK) just exited stocks generating revenue from China.
Wood is particularly worried about China’s real estate market.

One of the most respected voices on Wall Street, Cathie Wood of Ark Invest fame recently stated that her flagship Ark Innovation ETF (NYSEARCA:ARKK) reduced its exposure to Chinese stocks to zero. Fundamentally, while recognizing positives in the world’s second-largest economy, worries remain about some of its vulnerabilities — particularly China’s real estate market.

Smart investors know what to do but not for qqq etc .... Lol

foongsh

1,378 posts

Posted by foongsh > 2023-07-24 12:50 | Report Abuse

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

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