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

foongsh

1,378 posts

Posted by foongsh > 2023-07-29 13:45 | Report Abuse

Posted by IDQWE001 > 38 minutes ago | Report Abuse

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

https://youtu.be/Ae8pYE9K8UQ

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.

Sex, corruption and power abused the nature of CCP.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 13:47 | Report Abuse

Posted by foongsh > 1 hour ago | 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.

Wrong strategy to push up GDP caused the real estate buble burst.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:02 | Report Abuse

idq, Foong................................................for China bashers like both of u.............China do any thing also wrong la..........there is a very famous poem on the internet about people like u......................................................................

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:03 | Report Abuse

but in reality, China is a very well led country. And China has done the impossible,, met all targets , fulfilled their plans.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:07 | Report Abuse

China operates at light speed that others can only dream of.
https://www.youtube.com/watch?v=nXTbFieErkU

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:10 | Report Abuse

until now, I still cannot figure how a poor country like China can built 40,000 km of HSR............shanghai metro has 800 km compare to Tokyo metro with 200 km. ...and also invest 1 trillion USD in BRI .

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:12 | Report Abuse

the infrastructure of China is mind boggling....................what takes others 100 years , China can do in a few years.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:20 | Report Abuse

the 1 trillion USD BRI is easier to understand....................They have converted 1 trillion of foreign reserves from $ 2 trillion down to $1 trillion into BRI investments.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:21 | Report Abuse

https://www.youtube.com/watch?v=nXTbFieErkU

Trade war: what trade war

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:36 | Report Abuse

who feels threatened? Western countries feel threatened because they cannot accept how a communist country than do better than democratic free country. Do Malaysia feel threatened? surely not.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 14:41 | Report Abuse

China’s Exports to the US Plunged 24% In June, Chips Are Choking the CCP and Rare Earth Is Done

https://youtu.be/w8JaYzgNiSY

White elephants projects are wasting resources which would not generate enough revenue to sustainable operation.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:43 | Report Abuse

well..... its up to CCP to solve China's problems...u smarter than CCP meh?

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:46 | Report Abuse

China’s Exports to the US Plunged 24% In June, ......go to zero, China still not scared......China will still carry on ..................USA share of China trade has drop to 15 % ...... when it drops to zero, Biden will be voted out of office and Xi will still be president of china .....see who scared la.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 14:48 | Report Abuse

China’s Exports to the US Plunged 24% In June, ..who send kissinger, yellen, blinken others to Beijing? Did China send anyone to Washington? see who more scared.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 15:34 | Report Abuse

Every thing China do is turn into negatives ...when cannot turn into negative, they ask but the positives at what cost

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 17:02 | Report Abuse

The world of China bashers....depends where u are who u are. If u are in America , u are expected to be a China basher, all main stream media is expected is expected to be China bashers .

If u are in Taiwan it depends on your political affiliation.


But if u are in Malaysia, it would be rather silly and id.iotic to be a China basher.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 17:56 | Report Abuse

Evergrande's overdue results to show steep losses, market eyes liquidity update

HONG KONG (Reuters) - China Evergrande Group (HK:3333), the world's most indebted property developer, is expected to post on Monday significant losses in its long overdue results for 2021 and 2022 - numbers the market will scour for updates on the company's liquidity.

The developer defaulted in late 2021 and has been struggling to complete projects and repay its many suppliers and creditors. After announcing an offshore debt restructuring plan in March, it is now garnering support to complete the process.

With about $300 billion of total liabilities, Evergrande's debt problem has rippled through China's property sector, a pillar of the world's second-largest economy,

No problem as long as the boss still the CCP member he still could enjoy life with his US dollars and girl friends. He might migrate to US same as many Old Red Army 2nd and 3rd generation. One of them was Xi daugter.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 17:57 | 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.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 17:58 | Report Abuse

China's deflation pressure builds as consumer prices falter

BEIJING: China's producer prices fell at their fastest pace in over seven years in June, while consumer prices teetered on the edge of deflation, adding to the case for policymakers to use more stimulus to revive sluggish demand.

The worsening factory-gate price deflation and the move by consumer prices towards deflation for the first time since February 2021 bode ill for China's economic growth.

Momentum in China's post-pandemic recovery has slowed from a brisk pickup seen in the first quarter with demand for industrial and consumer products weakening, raising concerns about the health of the world's second-largest economy.

"We think the more challenging deflation environment and sharp slowdown in growth momentum support our view that the PBOC has entered a rate-cutting cycle," said economists at Barclays in a research note.

Deflation or disinflation ... it is up to you to name it. CCP dogs feel very happy and proud of it. Finally changes not seen in hundred years negative assets bad debts. LOL.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 18:43 | Report Abuse

The world of China bashers....depends where u are who u are. If u are in America , u are expected to be a China basher, all main stream media is expected is expected to be China bashers .

If u are in Taiwan it depends on your political affiliation.


But if u are in Malaysia, it would be rather silly and id.iotic to be a China basher.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 18:47 | Report Abuse

Me? I have byd, Baba and sencetime....but no property shares.


In terms of value, China shares have the best value compare to all other markets.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 18:51 | Report Abuse

It's only a matter of time before China becomes number one economy.....and in terms of ppp, China already number one since 2015

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 18:54 | Report Abuse

What America is good at is finance ...what China is good at is real economy.

In the long run real economy will beat virtual economy and economy based on printing of money

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 19:01 | Report Abuse

and don't compare Japan's fall since 1990 with China

Japan is too small and Japan is also a vassal state of America. Japan can never challenge america hegemony.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 19:02 | Report Abuse

whereas China is the largest trading partner of 140 countries.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 19:05 | Report Abuse

now that China suddenly become largest automobile exporter in the world, this sector will grow very fast, then the legacy companies eat what?

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 19:08 | Report Abuse

China used to be famous for toys. Now China is famous for cars, drones, ships, infrastrutures high tech ..... the G7 countries eat what? no wonder they feel threatened.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 19:28 | Report Abuse

China's export slide to steepen in June, imports seen down

BEIJING: China's export slump is expected to have accelerated in June, as sluggish overseas economies struggling with inflation and rising interest rates buy up fewer goods from Chinese factories.

Outbound shipments from the world's second-largest economy were projected to have fallen 9.5% year-on-year, following a drop of 7.5% in May, according to the median forecast of 30 economists in the poll finalised on Wednesday.

That would be the worst decline since January, when China's supply chains were grappling with a wave of COVID-19 infections unleashed by the end of harsh pandemic-related restrictions.

Chinese factory activity has been shrinking in recent months and policymakers are now reckoning with the prospect of prolonged slower growth in the world's second-largest economy around just 3% annually, according to economists' forecasts. That is less than half the rates typical throughout recent decades and creates the feel of an economy in recession.

One-third of respondents to the trade poll forecast that exports in June dropped by a double-digit percentage, as in January. Societe Generale was the most bearish, anticipating a drop of 15.7%.

Imports in June are expected to have shrunk by 4.0%, after a fall of 4.5% in May, reflecting persistently weak domestic demand.

China's trade data will be released on Thursday.

Chinese consumer prices teetered on the edge of deflation in June while producer prices fell at their fastest pace in more than seven years, bolstering the case for further policy stimulus.

Weakness in exports was also evident in slower growth of daily average container throughput in June compared with a year earlier, Fitch Ratings said in a note on Monday, while it fell 0.4% year-on-year in the first week of July.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 21:03 | Report Abuse

does it really matter what monthly figures shows? but the long term trend is clear.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 21:04 | Report Abuse

actually on relative basis..........China figures far better than G 7 figures.

foongsh

1,378 posts

Posted by foongsh > 2023-07-29 21:15 | Report Abuse

That is incredible. So what seems to be driving these relatively large numbers of Chinese citizens to the border with the U.S. and Mexico?

One of the things we’ve learned from the reporting is the economic aftershock of COVID. Because you might know this very well, China went through a very strict period of COVID lockdown. So a lot of people that we spoke to, a lot of the migrants, they had been small business owners. A lot of them had online stores selling from makeup to clothing to shoes to building supply. And a lot of their business got crushed during the COVID lockdown. So that’s what was described to me as a trigger for the trip.

So tell me about the role of social media in all of this. Are they actively going online and trying to search out ways to get out of China or ways to come to the U.S.?

A lot of people describe to me that they actually came across this by accident. A lot of people describe to me, for example, they just one day saw a video describing how to go to America on their Douyin feed; Douyin’s the Chinese counterpart of TikTok. And then some of the people didn’t understand what was that about, so they did some research – and because of the algorithm, you just keep getting more videos of a similar content. That’s how everything started for many of the people we spoke to.

I find that really surprising, given that we know that China has a lot of control over its Internet content there. And the fact that this would be even available in China, I guess it speaks to something about China’s efforts to try to keep a lock on what the Chinese people know about issues like this.

That’s a great point. One thing we actually found out watching all this Douyin videos is a lot of the daily users, they kind of package this not into like “how do we flee to America” or “how do we migrate to America” – they actually kind of use hashtags such as “international traveling” or like “trekking through the rainforest.” It’s almost like a vacation you’re taking instead of a very dangerous journey you’re taking.

Very interesting. And this prevents authorities from checking what it is that they’re searching for, that kind of thing?

We don’t know that for sure, but people we spoke to said this is kind of a clever way for them to supplement around censorship. One thing that we also found out about kind of the information that this migrant would learn from the Internet is a lot of kind of mixed information, a lot of false information. And a lot of them read this from platforms like Douyin or YouTube. And also just to your point, for example, one of the Internet Douyin influencers – his name is Baozai – his original account posting very detailed information about how to come to America in this way was blocked by Douyin and by other online social media platforms.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 22:53 | Report Abuse

foongsh > 1 hour ago | Report Abuse

That is incredible
=======


pure invention..........

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 22:54 | Report Abuse

China is a victim of scams............that is the whole story.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 22:55 | Report Abuse

if people want to leave China, I think USA is the last place people want to go to.......just too expensive and not worth it.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 22:57 | Report Abuse

Posted by foongsh > 1 hour ago | Report Abuse

That is incredible. So what seems to be driving these relatively large numbers of Chinese citizens to the border with the U.S. and Mexico?

Xi daugter resident of America.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 22:57 | Report Abuse

in recent years, USA do not have a good reputation for migration.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 22:59 | Report Abuse

Xi daughter studied in America many many years ago...............that time, it is a very popular destination for studies........................................not now.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 23:01 | Report Abuse

(华盛顿21日讯)中国放宽防疫措施后,有外媒报道,2022年约有1万800名中国富豪移民,而澳洲是今年上半年中国购房者的首选海外地点第1名,而不是中国富豪过往最爱的新加坡。
根据美国财经媒体报道,投资移民谘询公司Henley&Partners在报告中指出,未来几年中国富豪持续外流,将推动中国人对海外房地产的投资。预估在2023年至2025年,约有71.2万中国人移民到美国、加拿大和澳洲。

报道引用IQI房地产公司的最新排名,其中澳洲是今年上半年中国购房者的首选海外地点第1名,其次是加拿大、英国,美国第4名、新加坡排第10名。

Migration of rich Chinese US is the 4th favourite country after Australia, Canada, UK.

Xi sister resident of Canada.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 23:03 | Report Abuse

齐桥桥(1949年3月1日—)原名习桥桥,籍贯陝西富平,擁有香港身分證[2],擁有加拿大永久居留權,中共元老习仲勋之女,现任中共中央总书记习近平姊姊。童年時,父親讓她隨母姓姓齊,而齊橋橋的名字一直沿用至今。

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-29 23:06 | Report Abuse

2020到2021学年期间有大约31万7千名来自中国的留学生在美国就读,其中也包括习近平女儿习明泽。“中共总书记习近平女儿习明泽2014年在哈佛大学完成本科学位,于2019年重新报名研究所学习。

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-29 23:10 | Report Abuse

the difference between China media and american media .....China media is a responsible media.

American media is a media of speculations, rumors, concoction and gambling.

that is why Chinese knows far more about the real america than Americans know about the real China.

foongsh

1,378 posts

Posted by foongsh > 2023-07-29 23:19 | Report Abuse

Posted by IDQWE001 > 9 minutes ago | Report Abuse

2020到2021学年期间有大约31万7千名来自中国的留学生在美国就读,其中也包括习近平女儿习明泽。“中共总书记习近平女儿习明泽2014年在哈佛大学完成本科学位,于2019年重新报名研究所学习。

All CCP members love US dollar and Westerns although keep on promoting hate and fear to their citizens. At last Xi immediate family still follow the natures of CCP. No difference.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-30 13:46 | Report Abuse

It's call CPC in China. It's always polite to call people by what the locals use.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-30 13:47 | Report Abuse

And Chinese modernity will be based on Chinese 5000 years history not by gualos.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-30 13:51 | Report Abuse

And the 100 million members of the CPC did not come from Mars to rule China. All of them are born bred and raised in China....with values totally aligned with the people

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-30 15:32 | Report Abuse

Posted by foongsh > 16 hours ago | Report Abuse

Posted by IDQWE001 > 9 minutes ago | Report Abuse

2020到2021学年期间有大约31万7千名来自中国的留学生在美国就读,其中也包括习近平女儿习明泽。“中共总书记习近平女儿习明泽2014年在哈佛大学完成本科学位,于2019年重新报名研究所学习。

All CCP members love US dollar and Westerns although keep on promoting hate and fear to their citizens. At last Xi immediate family still follow the natures of CCP. No difference.

Communism and socialism original from Westerns rubbish got nothing to do with 5 thousands culture. Xi immediate family love Westerns so much. Lol.

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-30 17:49 | Report Abuse

idq.....biden says what u believe what meh?

qqq47660

9,007 posts

Posted by qqq47660 > 2023-07-30 17:56 | Report Abuse

https://www.youtube.com/watch?v=p1Z39iLT1Mg

results, policies. support, get truth from facts.

IDQWE001

2,992 posts

Posted by IDQWE001 > 2023-07-30 18:29 | Report Abuse

India rejects BYD's US$1 billion factory proposal: Economic Times

NEW DELHI: India has rejected Chinese automaker BYD Co's proposal to set up a US$1 billion factory in India in partnership with Hyderabad-based Megha Engineering and Infrastructure Ltd, the Economic Times reported on Saturday.

Reuters reported this month that BYD had submitted a US$1 billion investment proposal to build electric cars and batteries in India in partnership with a local company.

Reuters could not independently verify the contents of The Economic Times' report.

India's Department of Commerce, Department for Promotion of Industry and Internal Trade (DPIIT) had sought opinions from other departments on the investment proposal, the report said.

"Security concerns with respect to Chinese investments in India were flagged during the deliberations," the report quoted an Indian official as saying. — REUTERS

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