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China is finished... This is the End of China

Discussions about the economic and financial ramifications of PEAK OIL

Re: China is finished... This is the End of China

Unread postby REAL Green » Tue 30 Jun 2020, 15:59:03

JuanP wrote:"Chinese economy may have grown as much as 3% in Q2, no huge monetary stimulus seen."
https://www.globaltimes.cn/content/1193107.shtml


Big deal JuanP. 3% in Q2 that is a very short time. This growth is not solid growth becuase it is forced growth to get businesses back to work with few places to sell those export products. The 3% is coming off a low China has not seen in modern times. You are crowing like a typical Sinophile about nothing. Get back to me how swell they are doing by Christmas.

"Wealthy Chinese Rushing To Move Cash Abroad Ahead Of Yuan Weakness"
https://www.zerohedge.com/markets/wealt ... n-weakness

"Wealthy Chinese citizens are going to great lengths to move money out of the country amid worries over a weakening Yuan and growing trade tensions with the United States, according to the Nikkei Asian Review."
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Re: China is finished... This is the End of China

Unread postby jedrider » Wed 01 Jul 2020, 15:11:57

The Hong Kong take over by mainland China is another failure for the Trump administration.

Hong Kong Police Make First Arrests Under New Security Law Imposed By China
https://www.huffpost.com/entry/hong-kong-police-first-arrests-security-law-china_n_5efc4709c5b612083c54de7c

China is not finished. Democracy maybe is. We were supposed to be able to push China towards Democracy.

Instead, Trump spent his efforts courting NK and Russia.

This is big (or bigly). The US no longer holds sway over their actions.
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Re: China is finished... This is the End of China

Unread postby Outcast_Searcher » Wed 01 Jul 2020, 15:50:07

jedrider wrote:The Hong Kong take over by mainland China is another failure for the Trump administration.

Hong Kong Police Make First Arrests Under New Security Law Imposed By China
https://www.huffpost.com/entry/hong-kong-police-first-arrests-security-law-china_n_5efc4709c5b612083c54de7c

China is not finished. Democracy maybe is. We were supposed to be able to push China towards Democracy.

Instead, Trump spent his efforts courting NK and Russia.

This is big (or bigly). The US no longer holds sway over their actions.

As much as I'm NOT a fan of Trump, you won't convince me HRC would have magically prevented this. There might have been more rhetoric, including US whining. But at the end of the day, the Chinese were going to have their way with Hong Kong. What was the US going to do to prevent it?

Stop trade with China? I don't think so, and look how much whining the US left did over Trump's tariffs and their impact on trade, lest you forget.

Start a hot war with China? I REALLY don't think so.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: China is finished... This is the End of China

Unread postby jedrider » Wed 01 Jul 2020, 16:02:46

Of course, the Chinese take over of Hong Kong was a forgone conclusion. The first WEAK leader of the Free World and BAM, there you have it.
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Re: China is finished... This is the End of China

Unread postby JuanP » Wed 01 Jul 2020, 17:21:18

The Chinese took over HongvKong 23 years ago.
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Re: China is finished... This is the End of China

Unread postby dolanbaker » Wed 01 Jul 2020, 17:35:41

JuanP wrote:The Chinese took over HongvKong 23 years ago.

Once the UK handed the whole territory as opposed to only the "new territories" the bit which was leased from China, (the remainder of Hong Kong could have remained British indefinitely, under the terms of the treaties that Britain agreed after the Opium wars), it was only a matter of time before the Chinese imposed full mainland Chinese law there.
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Re: China is finished... This is the End of China

Unread postby JuanP » Thu 02 Jul 2020, 08:48:51

"Hong Kong celebrates 23rd anniversary of return to motherland"
https://www.globaltimes.cn/content/1193157.shtml
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Re: China is finished... This is the End of China

Unread postby dissident » Thu 02 Jul 2020, 16:30:34

dolanbaker wrote:
JuanP wrote:The Chinese took over HongvKong 23 years ago.

Once the UK handed the whole territory as opposed to only the "new territories" the bit which was leased from China, (the remainder of Hong Kong could have remained British indefinitely, under the terms of the treaties that Britain agreed after the Opium wars), it was only a matter of time before the Chinese imposed full mainland Chinese law there.


Cute how colonialist aggression is "legal" in the eyes of the colonialist residents even over a century and a half later. The UK "court" decision to rob Venezuela of its gold in the last few days is another feather in the cap of sanctimonious pirates playing morally superior "authorities".

Hong Kong never belonged to the UK. Land grabs don't have a statute of limitations. And pointing to Chinese wrong doing does not give you any special rights to decide for Hong Kong and Venezuela. At the end of the day, all this self-anointed righteous police fervour serves your own economic interests. Piracy, plain and simple.
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Re: China is finished... This is the End of China

Unread postby JuanP » Thu 02 Jul 2020, 17:17:20

"China's domestic aviation market sees steady recovery"
https://www.globaltimes.cn/content/1193360.shtml

China's economic recovery from the pandemic continues to beat the USA's in every single aspect.
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Re: China is finished... This is the End of China

Unread postby ralfy » Thu 02 Jul 2020, 21:36:07

Issues concerning the Opium Wars and others are mentioned here:

"The Coming War on China"

https://www.youtube.com/watch?v=IC_HEl4iwlA

That is, Western powers driven by the petrodollar and global domination attempting to encircle China and Russia through a grand chessboard strategy involving hundreds of U.S. military bases and installations, and China breaking the encirclement through combinations of military structures established in the South China Sea (together with others, from Taiwan to Vietnam) and soft power.
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Re: China is finished... This is the End of China

Unread postby JuanP » Sun 05 Jul 2020, 20:19:52

"China's GDP predicted to grow 1-3% despite floods and pandemic"
https://www.globaltimes.cn/content/1193563.shtml
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Re: China is finished... This is the End of China

Unread postby REAL Green » Mon 06 Jul 2020, 04:08:56

JuanP wrote:"China's GDP predicted to grow 1-3% despite floods and pandemic"
https://www.globaltimes.cn/content/1193563.shtml


We have been through this Juan, the CCP has the country forced to power up but with very few export opportunities. This means at some point unless the rest of the world starts buying China just built up inventory waiting to sell. This 1-3% is horrible considering it has been said for so many years China needs 6% to keep the doors open to that country. The other issue is can you trust anything out of China economically?
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