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Topic: China - everything is fine! But everything is bad ... (Read 1153 times)

legendary
Activity: 3752
Merit: 1864
Evergrande is bankrupt. $ 308 billion. Direct influence on entire segments of the global economy of China.
Kaisa Group Holdings is bankrupt. About 11 billion. The largest borrower in the market.

It seems that very soon we will witness a very loud bang and debris flying in all directions from the bursting bubble called "the Chinese economy". What do you think - what impact will this bubble burst have on the world economy, world production and trade?
perhaps the most felt is the price of goods produced by China will weaken and this will be an opportunity for its competitors and will also have an impact on economic inflation for countries that in fact cooperate economically with China.

The development of the situation will depend on what steps the Chinese government will take in the near future.
They have already begun to clamp down on the free market. They still cannot decide what to do with a highly probable global crisis in the domestic market, and subsequent secondary problems such as unemployment, internal tension, global discontent. And the crisis is not far off. All this can lead to the fact that China will cease to be a stable and guaranteed supplier of many groups of goods and services, which means there will be an outflow of investors and consumers, which will "squeeze" the economy even more ...
Or if they help business, make more free legislation, take on part of the debt obligations, and help the market not collapse - then there will be a "storm in a glass" and everything will quickly calm down, and everything will return to its place.
full member
Activity: 1848
Merit: 158
Evergrande is bankrupt. $ 308 billion. Direct influence on entire segments of the global economy of China.
Kaisa Group Holdings is bankrupt. About 11 billion. The largest borrower in the market.

It seems that very soon we will witness a very loud bang and debris flying in all directions from the bursting bubble called "the Chinese economy". What do you think - what impact will this bubble burst have on the world economy, world production and trade?
perhaps the most felt is the price of goods produced by China will weaken and this will be an opportunity for its competitors and will also have an impact on economic inflation for countries that in fact cooperate economically with China.

This is true as a lot of countries are relying from China when it comes to their products (cheap products), but it is not the end of the line for those consumers. They can always find better alternative to these products, it may not be as cheap as coming from China, but maybe of better quality. People will always find a way how to survive so for me, even if countries will not get something from China, there will always be other doors that will open for them. The impact may be felt initially, but in time, they can always recover. Life goes on, they are not the ultimate reason why people can survive.
full member
Activity: 616
Merit: 100
gik nyareh proyek seteppak pas sepak
Evergrande is bankrupt. $ 308 billion. Direct influence on entire segments of the global economy of China.
Kaisa Group Holdings is bankrupt. About 11 billion. The largest borrower in the market.

It seems that very soon we will witness a very loud bang and debris flying in all directions from the bursting bubble called "the Chinese economy". What do you think - what impact will this bubble burst have on the world economy, world production and trade?
perhaps the most felt is the price of goods produced by China will weaken and this will be an opportunity for its competitors and will also have an impact on economic inflation for countries that in fact cooperate economically with China.
legendary
Activity: 3752
Merit: 1864
Evergrande is bankrupt. $ 308 billion. Direct influence on entire segments of the global economy of China.
Kaisa Group Holdings is bankrupt. About 11 billion. The largest borrower in the market.

It seems that very soon we will witness a very loud bang and debris flying in all directions from the bursting bubble called "the Chinese economy". What do you think - what impact will this bubble burst have on the world economy, world production and trade?
legendary
Activity: 3752
Merit: 1864
China and North Korea are very alike but China is a country with a democratic state that is controlled by the communist party who's president is also a member of CPP. I don't know what's the motive of that certain party why they like to control almost everything inside that country but it's already very greedy that it comes to a point now that they're bullying small neighbouring countries in Asia.
That's is why almost every people in the mainland of China is moving to SAR namely Hong Kong and Macau because they're more safe there and they have freedom unlike when they're in the mainland.

Well, you shouldn't be saying this in vain! China, of course, is a country with a specific government and laws, but one should not compare it with a semi-slaveholding, absolutely totalitarian, rotten regime in North Korea. Complete strange declassed, devoid of self-respect, devoid of human values, people. How could you allow yourself to be brought to such a state !? At the same time, the whole value of life is to make a mess of someone, to shake the soldiers with decrepit weapons, decrepit hands. They cannot understand that they have become a kind of "zoo" at which everybody sometimes glances and think "yes, everything is not so bad with me, if you look at the people of North Korea" ... China will never sink to this!
Seems like i do need up to research on what kind of government does have on North Korea yet as you described it then it turns out to be that much mess
compared on what we are currently seeing on China.

Are you sure that China wont really be falling or sink into this one? You wouldnt know and basing up on what we are seeing then they do already
have that kind of behavior.

Doesnt matter though even how they would handle out their respective vicinity then its their own rules to make.

Regarding North Korea - "you missed a lot of interesting things" ... Read, a very instructive story. Everything is "wonderful" there - from the leader to such total lies from state propaganda that it causes a real shock. The Chinese will not allow themselves to be brought to such a bestial state. And harsh regimes in China are already a historical habit. Regarding China, the only thing I admit is that if China now starts setting conditions and pretending that it is the most irreplaceable supplier on the planet, it will be a problem. The problem is first for the whole world, and then for China and for a long time. Market monopolization and normal trade policy are acceptable. Monopolization and setting conditions and threats is not acceptable. The second way is to destroy the Chinese economy and sharply reduce the standard of living of the Chinese ... And this is internal tension, right up to a violent change of power ...
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
China and North Korea are very alike but China is a country with a democratic state that is controlled by the communist party who's president is also a member of CPP. I don't know what's the motive of that certain party why they like to control almost everything inside that country but it's already very greedy that it comes to a point now that they're bullying small neighbouring countries in Asia.
That's is why almost every people in the mainland of China is moving to SAR namely Hong Kong and Macau because they're more safe there and they have freedom unlike when they're in the mainland.

Well, you shouldn't be saying this in vain! China, of course, is a country with a specific government and laws, but one should not compare it with a semi-slaveholding, absolutely totalitarian, rotten regime in North Korea. Complete strange declassed, devoid of self-respect, devoid of human values, people. How could you allow yourself to be brought to such a state !? At the same time, the whole value of life is to make a mess of someone, to shake the soldiers with decrepit weapons, decrepit hands. They cannot understand that they have become a kind of "zoo" at which everybody sometimes glances and think "yes, everything is not so bad with me, if you look at the people of North Korea" ... China will never sink to this!
Seems like i do need up to research on what kind of government does have on North Korea yet as you described it then it turns out to be that much mess
compared on what we are currently seeing on China.

Are you sure that China wont really be falling or sink into this one? You wouldnt know and basing up on what we are seeing then they do already
have that kind of behavior.

Doesnt matter though even how they would handle out their respective vicinity then its their own rules to make.
legendary
Activity: 3752
Merit: 1864
China and North Korea are very alike but China is a country with a democratic state that is controlled by the communist party who's president is also a member of CPP. I don't know what's the motive of that certain party why they like to control almost everything inside that country but it's already very greedy that it comes to a point now that they're bullying small neighbouring countries in Asia.
That's is why almost every people in the mainland of China is moving to SAR namely Hong Kong and Macau because they're more safe there and they have freedom unlike when they're in the mainland.

Well, you shouldn't be saying this in vain! China, of course, is a country with a specific government and laws, but one should not compare it with a semi-slaveholding, absolutely totalitarian, rotten regime in North Korea. Complete strange declassed, devoid of self-respect, devoid of human values, people. How could you allow yourself to be brought to such a state !? At the same time, the whole value of life is to make a mess of someone, to shake the soldiers with decrepit weapons, decrepit hands. They cannot understand that they have become a kind of "zoo" at which everybody sometimes glances and think "yes, everything is not so bad with me, if you look at the people of North Korea" ... China will never sink to this!
hero member
Activity: 3052
Merit: 606
I don’t really like the CCP system of government, a government where people don't have the freedom to speak up their mind and not be punished for it. I’ve heard a lot of stories about the Chinese government and how they keep on controlling the people and controlling the money that comes in and out of the country, they just have to take control over everything in the country and the people do not have the freedom to do really whatever they want to do.

I’ve even seen a minor situation that I would say that they really don’t matter, but the government of China will still intervene in situations like this, that doesn’t even make any sense at all. It will soon get to a level where the people will not be able to tolerate this kind of government and they might have to retaliate.
China and North Korea are very alike but China is a country with a democratic state that is controlled by the communist party who's president is also a member of CPP. I don't know what's the motive of that certain party why they like to control almost everything inside that country but it's already very greedy that it comes to a point now that they're bullying small neighbouring countries in Asia.
That's is why almost every people in the mainland of China is moving to SAR namely Hong Kong and Macau because they're more safe there and they have freedom unlike when they're in the mainland.
legendary
Activity: 3752
Merit: 1864

Once upon a time, China was indeed a great empire. But time changes a lot, then came the times of decline. At the beginning of the 20th century, the ideas of communism-socialism, in the Soviet interpretation, with a flavor of Eastern totalitarianism, came to China. China, the USSR, and most other "socialist" countries initially denied all the values ​​that the Western world carried - the value of life, private property, the legal system. Including denial of copyright. Theft of technology has become for many countries of the socialist camp, and joined them, the only way to be at least a little civilized and have at least some technology. The greatness of the Chinese economy has become a consequence (whether it is a mistake or not, a topic for a separate dialogue) of the trust of Western countries, investments in the Chinese economy, the transfer of jobs, along with technologies, and the organization of demand for manufactured goods in their markets.

China is not a country, China is a civilization, as seen from China's infiltration around the world. Especially on market domination. China has a strategy that as a producing country China will control world trade and finance. Through a country's trade deficit with China, China will pressure the country to use Yuan in its transactions, which means the country loses its economy to China. China debuted as a producer country initially by offering cheap labor and then accepting tolling services, then legalizing duplication & counterfeiting for habituation and preparation for upstream industrial development, after everything was ready in China they expanded their influence to countries with poor people and weak leaders, provide debt not in the form of money but goods in order to widen their market coverage. China has Yuan and renmimbi which are very effective in boosting China's economic growth. So which country will follow in China's footsteps ?

I respect China, but the truth is more important to me ... China, in its own way, is a great country that has left a strong mark on human civilization, has known ups and downs.  But it's probably too early to make it super unique Smiley
The fact that China says so is its own fantasies. It became a mass producer only thanks to investments from the west. The West wanted to improve the quality of life at home by removing production facilities where there was cheap labor force and the necessary resources. This is not the merit of China, it is the merit of those who gave this opportunity. But as the saying goes, "as he gave, so he will take." I do not exclude that as a result of the growing crisis in China, many manufacturers will either resume their production, or consumers will change suppliers - for example, Latin American countries - what is not a platform? China may want to, but impose on strong economies, its economy does not allow it yet. It seems to be one of the largest, but it depends on the consumer market. Take away consumers from China and the market will collapse. A "good example" is the housing market. The same will happen with anyone else.
ps No offense - let's really assess the situation?
sr. member
Activity: 1358
Merit: 253
China is a big and strong country that is difficult to guess, when 2018 they banned cryptocurrencies, the impact was significant because it made cryptocurrencies almost die, but now whatever China does, for example, banned all cryptocurrencies, it has no impact because the global cryptocurrencies community is very strong and does not depend on 1 or 2 country.
full member
Activity: 1134
Merit: 167
China with the CCP system that has been implemented for so long and there have been several policies which in fact are more of a form of restraint and prohibition so that they tend to cut the value of freedom.... but looking at the Chinese population who are very binding and tolerant of the CCP based government so they don't protest with what has been decided and there may be some but it doesn't last long so they will stay so will not act as sincere CCP people
full member
Activity: 1134
Merit: 140
I don’t really like the CCP system of government, a government where people don't have the freedom to speak up their mind and not be punished for it. I’ve heard a lot of stories about the Chinese government and how they keep on controlling the people and controlling the money that comes in and out of the country, they just have to take control over everything in the country and the people do not have the freedom to do really whatever they want to do.

I’ve even seen a minor situation that I would say that they really don’t matter, but the government of China will still intervene in situations like this, that doesn’t even make any sense at all. It will soon get to a level where the people will not be able to tolerate this kind of government and they might have to retaliate.
hero member
Activity: 2156
Merit: 605
Leading Crypto Sports Betting & Casino Platform
I don't care what you say, I live in China and I don't envy any other country. As a girl, if I choose India or China, my answer is China. I might die in India. Do girls have freedom in India?
Likewise, I don't care what you say. Just don't come here telling people about the "perfect" system and how democracies are somehow "slow" and "complex" and "every fool can vote". Send me  a DM if you ever come to India. No you won't die. And yes, girls have a lot of freedom in India.

So are they no longer making y'all wear face-shaping makeup and tiny-toe shoes? LOL, talk about stereotypes. Talk to me when they stop sending businessmen to jail based on hearsay and "for picking up fights". LOL you people.

Agree, this paradigm should not become things that cause selfishness just because it has cultural differences and the same customs and traditions as well as ethnic high schools. Like it or not, all are in a well-guarded corridor. I like Indian women even as a child my parents said with a saying that I don't know where I got "if you want to know women of heaven, then in the world there are only 2 countries that reflect it all, 10% are india women and arabic women" (based on trust). Instantly it became an inspiration that I never expected.

Back to the problem that China often gives is as if it will become a superpower with all the CCP structures that Mao Zedong gave. Until now, the authoritarian government has only narrowed the freedom that was born since Communism existed in China. Even the previous Falun Gong was crushed and rehabilitated like crazy. Colonization in one's own country is a disease that should not spread to other countries in ASIA.
legendary
Activity: 1904
Merit: 1159
You will never convince the free people of the world, much less bitcoiners, that an optimal method of scoial governance needs an over-arching central authority "managing" the best for everyone else.
Which government in the world is not a central authority? This is not what I said, this is what the history of mankind has told us for thousands of years. Those countries or groups that have centralized power have all perished in the course of history.
Glad you agree that countries with "centralized power have all perished in the course of history". I am sure CCP is not a central power and His Highness, The great Mr. Jinping didn't just change the rules to give himself an extended term.

Your reply to my point about idiomatic usage of "All people are free to vote and express" in context of democracies just shows that your brain is unable to even comprehend democracy. Like i said earlier, lets leave it at that. You have already shown your true colors with expressions like "Stupid people with their stupid votes" etc., so there really is no need to elaborate on that. I will still address your typical CCP tactic of trying to target democracies for their internal problems. You clearly are up to date with your handbook of "talking points" with various nationalities. If its India, talk about Ganges and population and toilets. If its USA, talk about racism and BLM riots and Iraq.
You think of my response to you as a kind of "manual". Your mind is imprisoned. Have you not noticed it yet? The opinions expressed by active users on the forum are understood by you as a "manual". When I talk about the problems of your country, if you only regard these problems as my strategy to attack you, do these problems no longer exist?
You have no talking points on actual systems of governance or the fact that Democracies indeed empower people beyond anything that communism or any other form of "centrally-controlled" system does. On top of that, what kind of lives do people live when they always have to toe the same line as everyone else. That is just stupid and inhuman to a lot of normal people in other parts of the world.

I don't care what you say, I live in China and I don't envy any other country. As a girl, if I choose India or China, my answer is China. I might die in India. Do girls have freedom in India?
Likewise, I don't care what you say. Just don't come here telling people about the "perfect" system and how democracies are somehow "slow" and "complex" and "every fool can vote". Send me  a DM if you ever come to India. No you won't die. And yes, girls have a lot of freedom in India.

So are they no longer making y'all wear face-shaping makeup and tiny-toe shoes? LOL, talk about stereotypes. Talk to me when they stop sending businessmen to jail based on hearsay and "for picking up fights". LOL you people.
legendary
Activity: 2254
Merit: 2253
From Zero to 2 times Self-Made Legendary

Once upon a time, China was indeed a great empire. But time changes a lot, then came the times of decline. At the beginning of the 20th century, the ideas of communism-socialism, in the Soviet interpretation, with a flavor of Eastern totalitarianism, came to China. China, the USSR, and most other "socialist" countries initially denied all the values ​​that the Western world carried - the value of life, private property, the legal system. Including denial of copyright. Theft of technology has become for many countries of the socialist camp, and joined them, the only way to be at least a little civilized and have at least some technology. The greatness of the Chinese economy has become a consequence (whether it is a mistake or not, a topic for a separate dialogue) of the trust of Western countries, investments in the Chinese economy, the transfer of jobs, along with technologies, and the organization of demand for manufactured goods in their markets.

China is not a country, China is a civilization, as seen from China's infiltration around the world. Especially on market domination. China has a strategy that as a producing country China will control world trade and finance. Through a country's trade deficit with China, China will pressure the country to use Yuan in its transactions, which means the country loses its economy to China. China debuted as a producer country initially by offering cheap labor and then accepting tolling services, then legalizing duplication & counterfeiting for habituation and preparation for upstream industrial development, after everything was ready in China they expanded their influence to countries with poor people and weak leaders, provide debt not in the form of money but goods in order to widen their market coverage. China has Yuan and renmimbi which are very effective in boosting China's economic growth. So which country will follow in China's footsteps ?
legendary
Activity: 3752
Merit: 1864
Quote
And, the further, the more difficult it will be for China to follow the achievements of the Western world, because capital has to move on its own, if not it is not capital, but the party moves. "

I disagree with that.China has very good intelligence and awesome hackers.The Chinese are very good at stealing technology from the west,so I don't think that it would be difficult for China to follow the achievements of the Western world.
China has accumulated lots of capital and it will accumulate even more in the future.A part of this capital might run away from China,but there's still lot's of it.
The CCP will keep it's power and authority in the future decades.I'm not a fan of the Chinese Communist Party,but we can't deny the fact that China turned from a third world country into a global economic powerhouse for about 30 years.

And that my friend is why China was once called "The Sleeping Giant". Yes, indeed they were once a large poor country who often gets bullied by other neighbouring countries like Japan but look at them now they're one of the superpower countries with a high technology, and huge defense capabilites that is arguably front the western countries.
So, China is now standing tall against other countries and declared some law that no ever international court ruling could make their law obsolete. That's why CPP is a somehow a treat even to their own citizens because they are the law but we can't deny the fact the CPP is one of the reasons why China is one of the largest economy in the world.

Once upon a time, China was indeed a great empire. But time changes a lot, then came the times of decline. At the beginning of the 20th century, the ideas of communism-socialism, in the Soviet interpretation, with a flavor of Eastern totalitarianism, came to China. China, the USSR, and most other "socialist" countries initially denied all the values ​​that the Western world carried - the value of life, private property, the legal system. Including denial of copyright. Theft of technology has become for many countries of the socialist camp, and joined them, the only way to be at least a little civilized and have at least some technology. The greatness of the Chinese economy has become a consequence (whether it is a mistake or not, a topic for a separate dialogue) of the trust of Western countries, investments in the Chinese economy, the transfer of jobs, along with technologies, and the organization of demand for manufactured goods in their markets.
sr. member
Activity: 1428
Merit: 252
China is a big and powerful country that grew to become the biggest economic power, the beginning of the crypto revival was from the miners and trading exchanges in china, but after the ban on all mining and cryptocurrencies made a lot of people worried, but after a few years and most recently banned all cryptocurrencies it didn't have any impact, In fact, the performance of crypto is getting brighter because many Chinese citizens are still active in cryptocurrencies.
sr. member
Activity: 1778
Merit: 309
Quote
And, the further, the more difficult it will be for China to follow the achievements of the Western world, because capital has to move on its own, if not it is not capital, but the party moves. "

I disagree with that.China has very good intelligence and awesome hackers.The Chinese are very good at stealing technology from the west,so I don't think that it would be difficult for China to follow the achievements of the Western world.
China has accumulated lots of capital and it will accumulate even more in the future.A part of this capital might run away from China,but there's still lot's of it.
The CCP will keep it's power and authority in the future decades.I'm not a fan of the Chinese Communist Party,but we can't deny the fact that China turned from a third world country into a global economic powerhouse for about 30 years.

And that my friend is why China was once called "The Sleeping Giant". Yes, indeed they were once a large poor country who often gets bullied by other neighbouring countries like Japan but look at them now they're one of the superpower countries with a high technology, and huge defense capabilites that is arguably front the western countries.
So, China is now standing tall against other countries and declared some law that no ever international court ruling could make their law obsolete. That's why CPP is a somehow a treat even to their own citizens because they are the law but we can't deny the fact the CPP is one of the reasons why China is one of the largest economy in the world.
legendary
Activity: 3752
Merit: 1864
Deepened into the topic of the crisis in China. I found out surprising facts.
1. The scale of the real estate market. In China, it is 30% of the gross domestic product ... Yes, yes, 30%! In the rest of the world, this is a maximum of 7-8%, and that is more likely an exception than a rule.
2. Domestic debt obligations within the construction market in China are preliminarily estimated at hundreds of billions of dollars!
3. The US Federal Reserve, the other day, warned that the level of the expected crisis in China is so high that it may even affect the United States
It looks like we are on the way to a very "fun show"
sr. member
Activity: 2660
Merit: 339
When I first heard about China, the first thing that came to mind was the one-child policy. I'm not sure if it's still in effect, but they're a monster. I also saw that they'll eat a fetus in a can, which is disgusting. Since the pandemic began in China, they have stood firm, but other countries are struggling. They developed a vaccine, and there are many questions about how quickly they can implement it. On the other hand, we are still struggling right now, whereas for them, everything is fine.
China is very complicated place for understanding because they are doing few things very good but still world is not happy with this all because they are feeling its bad recently they are bringing many new regulations for their own peoples but west is feeling it's against the freedom of humanity, but they are still forcing this all I am a regular visitor and I have faced many things during my stay but still feel they are really going through without listening to anyone just for their own sack even now Corona is also not serious issue all other world is still feeling heat with vaccine is valid for them.

In China crime ratio is very low instead of democratic countries where we have its touching rise after every year and their living standard is also improving with some good work from government they have few policies which are debatable but still its growth is very good and their many new projects attracting world to talk about them.
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