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.

Be the first to like this.

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

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 10:17 | Report Abuse

China bashing tube channels...got credibility meh? Truth got meaning to them meh? What kind of people are these? Buddha says if not true don't speak. If no mutual respect nothing good can come out of it,

Just reminds me of Xinjiang genocide lies.

America like to point fingers, demonise others degrade others, spread misinformation about others, weapons of mass destruction etc etc... America should start with improving themselves and looking inwards.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 10:21 | Report Abuse

With the rich culture of China with peaceful philosophies of China, the rise of China is good for the world....no wonder 60 countries have agreed to attend the bric meeting in August...for these two id.iotic Malaysia Chinese better learn and appreciate China and Chinese culture....the global south is firmly with China.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 10:25 | Report Abuse

there are two kinds of gualos , the gualos who lives in China, loves china, understands China...and the gualos who starts u tube channels demonising China, lies about China.
even when China is dirt poor, even before 1949, before new china ,there are good gualos who lives in China, loves china, understands china.......................................these are good gualos.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 10:29 | Report Abuse

The brics meeting in August will be an Africa solidarity event solidarity with China event....biden and America media will try to disrupt the meeting. Ignore the meeting, demonise the meeting as much as they can.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 10:37 | Report Abuse

The intention of China bashing u tube channels is the creation of controversies and conflicts for the sake of gaining attention and generating traffic. Truth got meaning to these people meh?

ahbah

6,236 posts

Posted by ahbah > 2023-07-28 11:09 | 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 ?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 11:43 | Report Abuse

modi got bribe by biden already

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-28 11:54 | 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.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 16:02 | Report Abuse

Never sure this idq got Chinese or Indian parents

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-28 19:07 | Report Abuse

qqq is Russian communist anti Chinese praised negative assets and bad debts but pro CCP.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 22:13 | Report Abuse

My opinion of Putin and Russia very much align with Xi jinping

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 22:14 | Report Abuse

And yes emperor Xi is a very good emperor

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-28 22:18 | Report Abuse

U see ....all these Yankee loving idq is now living in wrong era....America empire has peak and downhill from here while we are 23 years into Asian century.

foongsh

1,378 posts

Posted by foongsh > 2023-07-28 22:49 | Report Abuse

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.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 10:20 | Report Abuse

U think u are an American meh? U are a Malaysian Chinese and should know it is America who choose decouple ,de risk, tariffs , sanctions, it's American hegemony.....China has play the best cards given the circumstances....China has nothing to fear. It is also inevitable.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 10:30 | Report Abuse

Being a Malaysian Chinese should know the real China not the China according to American hawks.
The real China is successful, peaceful, peace loving, and has the legitimate right to develop its economy . The world is in a period of transition from American hegemony to multi polarity and bound to have tensions.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 10:41 | Report Abuse

Indians playing Indian drama.

It is almost impossible to make India into a reliable partner for brics.

But it is also impossible to make India into a reliable partner to Americans.

India will follow its own Indian songs.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 11:07 | Report Abuse

China's Real Estate Sector Crashes as Evergrande Reports $81B in Losses

https://youtu.be/Ae8pYE9K8UQ

What a big achievement to make thousands of homebuyers to own unfinished housing units and negative assets. Many more white elephants to be feed by pity local Chinese. qqq is anti Chinese and praised this is a great achievement. What a big joke. Lol.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:27 | Report Abuse

property market in China will find its own level. May take one year may take several years.

Property market like all financial markets are cyclical. And if it goes down, its good for next generation looking for houses.

One thing u have to realise is.............. China will not be america 2008 sub prime crisis because China mortgage market has high deposit requirements.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:31 | Report Abuse

PBC has a lot of tools available when needed. They will tweet the deposit requirements , relax some requirements and other measures as and when deem fit and proper.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:36 | Report Abuse

As measured by affordability , surely not a bad thing for the people if property prices come down further.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:37 | Report Abuse

China as a socialist country has no need to treat property as a instrument for gambling.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:41 | Report Abuse

China as a country has zero inflation. When u have zero inflation, u have maximum policy options. Just have to depend on country's priorities.

foongsh

1,378 posts

Posted by foongsh > 2023-07-29 11:42 | Report Abuse

Posted by IDQWE001 > 30 minutes ago | Report Abuse

China's Real Estate Sector Crashes as Evergrande Reports $81B in Losses

https://youtu.be/Ae8pYE9K8UQ

What a big achievement to make thousands of homebuyers to own unfinished housing units and negative assets. Many more white elephants to be feed by pity local Chinese. qqq is anti Chinese and praised this is a great achievement. What a big joke. Lol.

CCP high leverage pushed up the property cost causing the property market not sustainable, real estate buble burst and high jobless caused local Chinese in bad debt and loans default. Only silly qqq anti Chinese comment good.

foongsh

1,378 posts

Posted by foongsh > 2023-07-29 11:43 | Report Abuse

China's Real Estate Sector Crashes as Evergrande Reports $81B in Losses as high as a country debt. Only silly qqq anti Chinese comment good. Lol.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:44 | Report Abuse

Malaysian property market also enter into some sort of slump a few years back already. Nothing wrong with that.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:45 | Report Abuse

developers who make mistakes will have to suffer .....I don't think the State want to bail out Evergrande.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:51 | Report Abuse

its not all a negative thing if property prices in Shanghai and else where goes down further....it is up to the state to choose their options and timing for actions. All bubbles need to be managed before the bubble becomes too big.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:53 | Report Abuse

developers make money developers go bankrupt is all very normal in an economy.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 11:57 | Report Abuse

Posted by foongsh > 13 minutes ago | Report Abuse

China's Real Estate Sector Crashes as Evergrande Reports $81B in Losses

https://youtu.be/Ae8pYE9K8UQ

What a big achievement to make thousands of homebuyers to own unfinished housing units and negative assets. Many more white elephants to be feed by pity local Chinese. qqq is anti Chinese and praised this is a great achievement. What a big joke. Lol.

CCP high leverage pushed up the property cost causing the property market not sustainable, real estate buble burst and high jobless caused local Chinese in bad debt and loans default. Only silly qqq anti Chinese comment good.

CCP made big money enjoy US dollars and many girl friends but local Chinese in bad debts. Very evil.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 11:57 | Report Abuse

China as a socialist country has no need to treat property as a instrument for gambling.

many years already, Shanghai follow HK model. Now they want to solve HK housing crisis , surely they also want to solve Shanghai housing and affordability crisis.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 12:00 | Report Abuse

CCP made big money enjoy US dollars and many girl friends but local Chinese in bad debts. Very evil.

======================


and a strong foundation for the popularity of Xi Jinping is that the country has improved a lot since 2012 in terms of corruption. remember Xi's signature anti corruption campaigns?

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 12:11 | Report Abuse

China considers the years 1990 to 2010 as cowboy years when any thing also can all in the name of making money. And corruption getting worse year by year. That trend has been reversed in 2012 and they call it new era, Xi Jinping era.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 12:30 | Report Abuse

if u look at it objectively 2017 to now, Trump years and Biden years, America's tarfifs, sanctions, decouple, de risk.......and propaganda campaigns by u tubers and main stream media has failed to meet their objectives of isolating China, stopping China's rise, stopping China's technological developments .

What I see is in fact , time is running out for America for technological sanctions as it is Intel , TSMC, ASML, Japanese companies are ones losing revenue and suffering ad starts to rebel. While in China, it has accelerated trends for self reliance.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 12:39 | Report Abuse

3 years of covid lockdowns, China suddenly emerge with 100s of models of good quality EV. This took the auto world by storm.

How to stop a country that is so hardworking, so innovative, so united, so well led, so good long term planning? Its not possible.

foongsh

1,378 posts

Posted by foongsh > 2023-07-29 12:40 | Report Abuse

中國的爛尾樓危機持續 業主:「只有很無力的感覺」

https://youtu.be/tnKhS1AQoSg

Better listen to local pity chinese.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 12:41 | Report Abuse

what will happen to GM, Ford, BMW, Mercedes, VW, Toyota, Nissan in coming years? Don't look good for them.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 12:42 | Report Abuse

content creation, u tubers....u can make any thing u want as long as facts and truth does not matter.

foongsh

1,378 posts

Posted by foongsh > 2023-07-29 12:42 | Report Abuse

Posted by IDQWE001 > 43 minutes ago | Report Abuse

China's Real Estate Sector Crashes as Evergrande Reports $81B in Losses

https://youtu.be/Ae8pYE9K8UQ

CCP made big money enjoy US dollars and many girl friends but local Chinese in bad debts. Very evil.

Xi catched those officers not listening to him. His daugter and sisters are oversea residents enjoyed big US dollars.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 12:45 | Report Abuse

China considers the years 1990 to 2010 as cowboy years when any thing also can all in the name of making money. And corruption getting worse year by year. That trend has been reversed in 2012 and they call it new era, Xi Jinping era.


the meme now is not make money at any cost.................the meme now is common prosperity and Chinese modernity.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 12:45 | Report Abuse

content creation, u tubers....u can make any thing u want as long as facts and truth does not matter.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 12:57 | Report Abuse

content creation, u tubers..its like 6 blind men and an elephant. It could be out of ignorance or could be out of evil ( serpenza surely evil ). It could be both. They all focus on a small local issue and blow it out of proportions or out of context , making a mountain out of a mole hill...or even inventing their own issues like genocide in Xinjiang. It could be any thing.


This is american u tubers for american audiences. What does it have to do with Malaysian Chinese? China is a victim of such scams.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 13:02 | Report Abuse

Being a Malaysian Chinese should know the real China not the China according to American hawks.
The real China is successful, peaceful, peace loving, and has the legitimate right to develop its economy . The world is in a period of transition from American hegemony to multi polarity and bound to have tensions.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 13:06 | Report Abuse

Posted by foongsh > 22 minutes ago | Report Abuse

Posted by IDQWE001 > 43 minutes ago | Report Abuse

China's Real Estate Sector Crashes as Evergrande Reports $81B in Losses

https://youtu.be/Ae8pYE9K8UQ

CCP made big money enjoy US dollars and many girl friends but local Chinese in bad debts. Very evil.

Xi catched those officers not listening to him. His daugter and sisters are oversea residents enjoyed big US dollars.

Xi also divorce his wife and married a pretty singer.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 13:08 | Report Abuse

Local Chinese are frustrated and very vocal now. With social medium can't stop the victims express their feeling.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 13:15 | Report Abuse

Posted by IDQWE001 > 4 minutes ago | Report Abuse

Local Chinese are frustrated and very vocal now.

======


but no where near as frustrated and as vocal as China bashers.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 13:17 | Report Abuse

go and bash China for what?

better is mutual respect and win win...and non interference.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 13:19 | Report Abuse


better is mutual respect and win win...and non interference.

China not just talk it but actually believes it because it works for China and think it works for every body. Maybe they are naïve, but it is still the best policy.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 13:21 | Report Abuse

This is american u tubers for american audiences. What does it have to do with Malaysian Chinese? China is a victim of such scams.

qqq47660

8,999 posts

Posted by qqq47660 > 2023-07-29 13:39 | Report Abuse

better is mutual respect and win win...and non interference.

even in the case of Afghanistan which seem to be obviously mismanaged by the Taliban. ...With regard to Afghanistan , China still holds on to its mutual respect and win win...and non interference. .... China believe every country has the right to choose its own path.

As for Afghanistan, none of the worse prediction of the pessimists turn out to be correct. Under Taliban rule, they managed to weed out opium, and unsure no big disasters like starvation predicted by the pessimists even when all their money is frozen by americans. And today Afghanistan is a much safer place than when it was under American occupation.

The best option is to allow people to figure out their own paths without external interference.

Take the case of Cuba.................Those exile Cubans still now is very anti Cuban regime and wants sanctions on Cuba. But such people has done more harm than good for cuba.

Post a Comment
Market Buzz