China just doesn’t take the US seriously anymore. They view the U.S. as decadent and in marked decline … Mob steals US$300,000 worth of items in Los Angeles mall
When the numbers just aren't going your way, just suspend the reporting of the numbers. China is apparently afraid that if the people find out how bad the economy really is, they might panic and want new leadership. Instead, they are looking for ways to parse the information so that the unemployment numbers don't look so bad. China suspends youth jobless data after record high readings
China is building a runway on a small island it controls in the contested Paracels chain southeast of Hainan. It is the closest of the islands in the chain to Vietnam. The Paracels islands are claimed by both Vietnam and Taiwan. The islands are also located in a naval and submarine choke point, allowing access between the Pacific and Indian Oceans. The runway is only 2,000 feet on an island about 4500 feet long, so it doesn't seem useful for much more than light aircraft. Looks like China is making a claim to their Nine Dashes Line. China Is Building A Runway On Its Closest Island Outpost To Vietnam
China is getting nervous. Their worst fears may be realized if all of the countries they have irritated join forces to oppose China's expansionism. China is deathly afraid of a Pacific version of NATO, even worse than their fear of spiders. China watching closely as US, Japan, South Korea aim for 'de facto Asian Nato' Chinese leaders have one nerve that is dedicated to reaction against trilateral military alliances.
China sets a new record! Their birth rate has hit an all-time low at 1.09 in 2022. Looking good! Keep up the good work, Chairman Xi. China's fertility rate drops to record low 1.09 in 2022- state media
An explanation on why a 5% growth in China's economy is not that impressive. China invests 40% of its GDP every year in its economy, which is double the percentage that the U.S invests, so this growth rate is not very impressive based on the level of investment. In actuality, it's a failure. How much worse can China's economic slowdown get?
Another problem with the Chinese economy: capital flight. With the end of the pandemic and the Chinese economy crashing, wealthy Chinese are getting out of the country and taking their cash with them. A woman who helped them make travel plans is a focus of the Chinese government to stop the outflow of cash. Shanghai Woman in Focus as Probe Shows Fear of Capital Exit
China does have one thing going for it economically: it's status with the U.N. as a developing economy, which allows it to burn fossil fuels indiscriminately and contribute massively to global warming (and pollution), in spite of the fact that it's the world's second largest economy. China will worry about the health of the planet AFTER they are the dominant country on the face of the planet. As China becomes the world's leader in automotive exports with it's EV's, maybe the rest of the world will take notice and remove this silly designation from China. There is no green ‘transition’ to renewable energy. China and India are playing us for fools
China is only five generations behind in the computer chip competition. Looking good! They should be ready for advanced toaster control by 2028. Chinese Chip Sector Is Five Generations Behind the World: The Gap Will Expand
Meanwhile, in the bastion of liberty and prosperity https://x.com/realjameswoods/status/1691857910081761533?s=61
Great listen on China economic issues How Martin Wolf Understands This Global Economic Moment - The Ezra Klein Show
China's state banks have desperately started selling dollars in an effort to prop up their currency. The yuan has lost 6% of its value against the dollar this year. Exclusive-China's state banks seen selling dollars for yuan in London and New York hours
And that's with measures like this one to aggressively prop up the yuan, which usually sampens market devaluation. It's obviously moving too fast, showing how intense the market sell off is.
The U.S. has not lost a war in over 45 years. By war, I mean a fight with another military. You know, people wearing uniforms. Maybe you aren't smart enough to know the difference.
China has a problem with racism against black people on its social media sites, and it may be hurting China's reputation with its Belt and Road Initiative in Africa. People who defend black people on the social media sites are often attacked, and many people on the websites urge China to make laws preventing blacks from marrying Chinese people, and prevent blacks from settling in China permanently. Even Al Jazeera can see it. Human Rights Watch: Social media networks in China are ignoring rampant racism against Black people China may not be ready to interact with the rest of the world just yet.
Basically, they lost every war since WWII. I guess we won Grenada. But I’ve read that that was nip and tuck.
China gets closer to a real estate market crash by the day. Too much of the Chinese economy is based on real estate, and the Chinese real estate market is in danger of collapsing, which may or may not bring the Chinese economy down with it. One question: how will that likely implosion affect the rest of the world? The greatest Chinese threat is an economic implosion
