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  1. #751
    Thailand Expat OhOh's Avatar
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    Ecuador sees trade deal with China at end of year, debt talks to begin

    Reuters


    By Alexandra Valencia


    QUITO – Ecuador expects to pull together a trade deal with China at the end of this year and will begin formal debt re-negotiations with the Asian country, Ecuadorean President Guillermo Lasso said on Saturday, after a Beijing visit with his counterpart Xi Jinping.

    China became Ecuador’s top lender over the last decade, with millions of dollars in long-term credit tied to the handover of crude oil, large investments in hydro-electric and mining projects and other loans.
    “In China we had a productive meeting with the President Xi Jinping,” Lasso posted on Twitter. “We achieved great results in commercial openings, cooperation in health and debt re-negotiation.”

    At the meeting the two countries signed a memorandum of understanding meant to pave the way for a trade deal at the end of the year, which would benefit Ecuadorean exports of shrimp, bananas, cacao, other fruit and minerals.

    Lasso, who took office in May, has said more trade and foreign investment are key to stimulating the South American country’s COVID-battered and liquidity-poor economy.
    “It would increase the market by nearly $1 billion more in export opportunities,” commerce minister Julio Jose Prado said during a virtual press conference. “And that will mean we could almost be doubling the exports we make to China in various products.”
    The countries have agreed their finance ministries will conduct initial talks on debt re-negotiation, as Ecuador seeks to improve its payment periods and interest rates.
    Ecuador is also seeking to disconnect the handover of crude from outstanding debts with Chinese banks worth some $2.08 billion, according to foreign minister Juan Carlos Holguin, which would free up some $400 million per year in potential spending.

    China will donate 2.5 million doses of COVID-19 vaccines for inoculation of 3- to 5-year-olds, the Ecuadorean government added"

    Ecuador sees trade deal with China at end of year, debt talks to begin | Euronews
    A tray full of GOLD is not worth a moment in time.

  2. #752
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    hallelujah's Avatar
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    Quote Originally Posted by sabang View Post
    There is a high speed rail connecting Tibet and lowland China now you know- fancy that. Between Aukus nations, there is not even one, single high speed rail line. How the worm turns.
    There are a number of high speed trains in the UK on lines that have been upgraded- with HS2 still to come.

    And train travel just isn't a thing for most in America.

  3. #753
    Thailand Expat harrybarracuda's Avatar
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    Compared to that of an olympian in chinkystan, I think my quarantine is actually OK.



    Vasnetsova, who missed her competition, said she received pasta, orange sauce, meat, and potatoes for breakfast, lunch, and dinner for five days straight.

  4. #754
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    ^^ I stand corrected- there is in fact one true HS rail line that connects the Chunnel to the outskirts of London. The rest don't qualify in my book- have you seen the speed of HS rail in China, Japan, and continental Europe?



    Operational high-speed lines in the UK. 140–186 mph (225–300 km/h)
    125 mph (200 km/h)
    <110 mph (177 km/h)

  5. #755
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    Quote Originally Posted by sabang View Post
    ^^ I stand corrected- there is in fact one true HS rail line that connects the Chunnel to the outskirts of London. The rest don't qualify in my book- have you seen the speed of HS rail in China, Japan, and continental Europe?



    Operational high-speed lines in the UK. 140–186 mph (225–300 km/h)
    125 mph (200 km/h)
    <110 mph (177 km/h)
    I've travelled on them in Korea, Japan and Europe, but the need has never really been there at home given the size of the place, population density and coverage of public transport.

    Stand pretty much anywhere in the UK and you'll never be more than 90 minutes by public transport from the coast while the major cities are all no more than 2 to 3 hours away from one another.

  6. #756
    Thailand Expat helge's Avatar
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    Quote Originally Posted by misskit View Post
    Tis rich you disbelieve an RFA report but get snatched hook, line, and sinker by the Chinese “news.”
    Both propaganda.

    Don't post from RFA if you want a scred of credibility.

    Might aswell quote Fox

    (your story could still have some truth in it though )

  7. #757
    last farang standing
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    Quote Originally Posted by sabang View Post
    Well lets face it- they learnt from the best.
    And coming right along on time is OhOhs' mini me complete with OhOhs' obfuscation bag. It appears you have lost the ability to draw a line between an alternative viewpoint and a CCP stooge. Your posts are like reading Pravda during the cold war days. Good for a laugh but never ever to be taken seriously, but thanks for the laughs.

  8. #758
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    Thanks for the noble victories in Afghanistan, Iraq, Libya, Syria etc. Thanks for the massacres, the bloodbaths, the Refugees teaming to our shores (which the US would not take). Thanks for seeing our Australian special Forces decimated- 1st SAS has gone, 2nd SAS a demoralised, debased shadow of it's former self, and an army commando division is all that is really left of our once proud special forces. Thanks for the Honour, the Glory- well no the Humiliation, and Debasement. Thanks for the fact our most decorated soldier is currently before Court for war crimes.

    All the way, with the USA!!



    Thanks a lot, Patriot.
    Last edited by sabang; 07-02-2022 at 11:04 AM.

  9. #759
    Thailand Expat harrybarracuda's Avatar
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    Christ, imagine getting this three times a day for a week.

    The View, from China-0yxg39xm5bg81-jpg

  10. #760
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by Hugh Cow View Post
    And coming right along on time is OhOhs' mini me complete with OhOhs' obfuscation bag. It appears you have lost the ability to draw a line between an alternative viewpoint and a CCP stooge. Your posts are like reading Pravda during the cold war days. Good for a laugh but never ever to be taken seriously, but thanks for the laughs.
    It's funny how these two rely on chest-beating buffoons to tell them what to say and think.

    If they were seppos, they'd be trumpanzees, drinking sheep dewormer and bleach and waiting for JFK to reappear.

  11. #761
    Thailand Expat OhOh's Avatar
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    US approves $100m arms sale for Taiwan to improve missile defence


    published : 8 Feb 2022 at 11:30

    "The US State Department has approved a possible $100 million (3.3 billion baht) weapons sale to Taiwan so that the self-ruled island can improve its Patriot missile defence system amid pressure by China, the US government said Monday.

    Taiwan expressed its appreciation for the move, with a spokesperson saying it is the second arms sale to the island under the US administration of President Joe Biden.

    The Biden administration has been calling on Beijing to cease its military, diplomatic and economic pressure on Taipei and has vowed to assist the island in maintaining a sufficient self-defence capability. China views Taiwan as a renegade province awaiting reunification.

    The approved sale of equipment and services was in line with a request made by the Taipei Economic and Cultural Representative Office in Washington, Taiwan's de facto embassy in the United States, the US Defense Security Cooperation Agency said in a press release.
    "This proposed sale serves US national, economic, and security interests by supporting the recipient's continuing efforts to modernise its armed forces and to maintain a credible defensive capability," the press release said.
    The agency also said Taiwan is expected to use the acquired capability as "a deterrent to regional threats and to strengthen homeland defence," without directly referring to China.

    If approved by Congress, the prime contractors will be Raytheon Technologies Corp and Lockheed Martin Corp, according to the agency."

    US approves $100m arms sale for Taiwan to improve missile defence

    Foreign Ministry Spokesperson Zhao Lijian’s Regular Press Conference on February 8, 2022

    "Reuters:

    The US has approved a possible $100 million arms sale to Taiwan. What’s China’s comment?

    Zhao Lijian:

    The US arms sales to the Taiwan region of China seriously violate the one-China principle and the stipulations of the three China-US joint communiqués, especially the August 17 Communiqué, gravely undermine China’s sovereignty and security interests, and severely harm China-US relations and peace and stability across the Taiwan Strait.

    China firmly opposes this and strongly condemns this.

    China urges the US to abide by the one-China principle and the stipulations of the three China-US joint communiqués, immediately revoke the arms sales plan, and stop arms sales to and military ties with Taiwan.

    China will take legitimate and strong measures to resolutely defend its sovereignty and security interests.

    Follow-up:

    Which measures will China take specifically?

    Zhao Lijian:

    Let’s wait and see."

    Foreign Ministry Spokesperson Zhao Lijian’s Regular Press Conference on February 8, 2022


    The View, from China-bak-back-jpg
    Last edited by OhOh; 09-02-2022 at 11:29 AM.

  12. #762
    last farang standing
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    Quote Originally Posted by sabang View Post
    Thanks for the noble victories in Afghanistan, Iraq, Libya, Syria etc. Thanks for the massacres, the bloodbaths, the Refugees teaming to our shores (which the US would not take). Thanks for seeing our Australian special Forces decimated- 1st SAS has gone, 2nd SAS a demoralised, debased shadow of it's former self, and an army commando division is all that is really left of our once proud special forces. Thanks for the Honour, the Glory- well no the Humiliation, and Debasement. Thanks for the fact our most decorated soldier is currently before Court for war crimes.


    All the way, with the USA!!



    Thanks a lot, Patriot.
    Oh no! Thank you!
    For supporting human rights abuses in Tibet. The breaking of the hong kong agreement. The estimated 30,000 people who have disapeared. The support for Peng Shuei (an obvious liar and western plant) The thousands of chinese citizens who've had their land forcibly taken with little or no compensation, with violence and intimidation for those who refuse to leave land to be used by developers.
    The Pandemic that has killed over 5 million people hospitalised even more and sent millions backwards into poverty. Thank you for trying to steal a whole fucking sea from the rightful owners that surround it. Thank you for the millions of human rights violations committed by the CCP not to mention Tiananmen square (shhh).
    I'm sure all those chinese citizens citizens are thankful for your support of the CCP, especially the families of the "disappeared".

    Why are people disappearing in China? | Human Rights Watch

    Up to 30,000 people disappeared in China while held in ‘coercive custody,’ report says - LiCAS.news | Light for the Voiceless

  13. #763
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    Rising US-China trade deficit proof of Washington’s dumb policy

    The US trade deficit soared 27 percent in 2021 to reach an all-time high of $859.1 billion, among which the deficit with China widened to $355.3 billion from $310.3 billion in 2020, according to data issued by the US Commerce Department on Tuesday.

    The widening trade deficit is of irony considering the fact that the US has been piling up trade pressure on China by various means such as imposing sanctions and tariffs. None of the goals the US hoped to attain, such as bringing manufacturing back to the country, reducing the US trade deficit, and containing China's rise by weakening its economy - has been achieved.

    If anything, the essence of the US trade deficit with China underlines the fact that the US has no alternative industrial chains to replace China's manufacturing powerhouse.

    It is not long ago that the "hollowing out" of US manufacturing was a hot topic of discussions in business and academic circles. While most of the high-end manufacturing remains in the US, the lower- and middle-end industries have moved out of the country - a natural development for developed economies. That means despite its control over the high-end industrial sectors, the US still needs other countries, particularly China, to produce consumer goods like smartphones, clothes, furniture and so on.

    The tariffs did not dampen strong demand from American consumers for Chinese goods. And since the tariffs the US levied on Chinese imports are largely borne by US consumers and companies, the US economy is suffering more than China's.

    Now how to rein in the rising inflation has become the biggest challenge facing the Biden administration, which know clearly that the country's inflation crisis has something to do with its heavy tariffs on Chinese imports while still unwilling to give up those tariffs. But if the Biden administration keep prices at near record highs, rising discontent with surging prices is likely to ruin the Democratic Party in the upcoming midterm elections.

    https://www.globaltimes.cn/page/202202/1251860.shtml

  14. #764
    Thailand Expat OhOh's Avatar
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    A 15 minute video with an economics perspective entitled

    USA v China: Michael Hudson


    January 28, 2022

    Placed here, but it also includes Russian references.

    The author has both NaGastani and latterly Chinese academic positions and has been consulted with a number of countries governments to assist them with their economic planning and strategies.

    Last edited by OhOh; 10-02-2022 at 11:28 AM.

  15. #765
    Thailand Expat HermantheGerman's Avatar
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  16. #766
    Thailand Expat HermantheGerman's Avatar
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    Some people here are hoping/wishing that their wife might also vanish, but in this case....

    Desmond Shum

    Desmond Shum - Wikipedia

  17. #767
    Thailand Expat OhOh's Avatar
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    The View from China - Continued

    Foreign Ministry Spokesperson Zhao Lijian’s Regular Press Conference on February 11, 2022


    "Associated Press of Pakistan:

    Prime Minister Imran Khan in an interview with Mr. Li, Director of the Advisory Committee of China Institute of Fudan University, said that Belt and Road Initiative can help Pakistan lift its people out of poverty. He noted “we see CPEC and Gwadar as a great opportunity for our geoeconomics. I think this is not exclusive between Pakistan and China. We invite any other country to join and invest in CPEC projects”. What is China’s comment on this?

    Zhao Lijian:

    We appreciate Prime Minister Imran Khan’s remarks. As an important pilot project of the Belt and Road Initiative (BRI), the China-Pakistan Economic Corridor (CPEC) upholds the principles of extensive consultation, joint contribution and shared benefits. Since its inception, it has boosted economic development, improved people’s livelihood and generated positive socioeconomic effects. China is ready to work with Pakistan to follow through on the consensus reached by the leaders, deepen CPEC’s development, ensure smooth implementation of major projects, expand cooperation in science and technology, agriculture and livelihood, build a corridor for green development, health and digital economy, and make CPEC a demonstration program of high-quality development under the BRI
    .

    China and Pakistan welcome all countries and international organizations that support the BRI and CPEC, and hope to conduct mutually beneficial cooperation with China and Pakistan for common development to participate in CPEC’s development on the basis of consensus to share in the benefits of development.


    Beijing Daily: According to reports, US Secretary of State Blinken said in an interview with Australian media outlets that China’s trade sanctions on Australia have backfired and b
    y standing up to Beijing, Australia “set an incredibly powerful example” for the world. “I think China has lost more than Australia has in its efforts to squeeze Australia economically,” he said, adding that Beijing would be “thinking twice about this in the future”.  Does the Chinese side have any comment?

    Zhao Lijian:

    With regard to “coercion”, no one has a better claim to the title of “master of coercion” than the US. Speaking of “coercion”, the US government forced the military government of Haiti to step down in 1994, and referred to that as “a textbook example of coercive diplomacy”. In 2003, it explicitly characterized $30.3 billion additional military expenses for “coercive diplomacy” as incurred expenses. The US government went all out to hobble competitors like Huawei of China, Alstom of France and Toshiba of Japan and used coercion to force the Taiwan Semiconductor Manufacturing Co (TSMC), Samsung and other companies to provide chip supply chain data. These are textbook examples of economic coercion.  

    I would like to reiterate that China always proceeds from the lawful rights and interests of domestic industries and the safety of consumers and adopts appropriate measures on imported products in strict compliance with Chinese laws and regulations as well as WTO rules. This is fully justified, lawful and beyond reproach.

    The label of “economic coercion” cannot be pinned on China.

    All attempts to gang up with others
     to misrepresent facts and resort to malicious hype-up are bound to fail."


    Foreign Ministry Spokesperson Zhao Lijian’s Regular Press Conference on February 11, 2022

  18. #768
    Thailand Expat harrybarracuda's Avatar
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    I wonder how much Khan is trousering off the deal.

    His people are well aware of how corrupt (and thus corruptible) is his government.

    Pakistanis calling Imran Khan ‘corruption king’ after latest Transparency report

  19. #769
    Thailand Expat helge's Avatar
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    Quote Originally Posted by Hugh Cow View Post
    For supporting human rights abuses in Tibet. The breaking of the hong kong agreement. The estimated 30,000 people who have disapeared. The support for Peng Shuei (an obvious liar and western plant) The thousands of chinese citizens who've had their land forcibly taken with little or no compensation, with violence and intimidation for those who refuse to leave land to be used by developers.
    The Pandemic that has killed over 5 million people hospitalised even more and sent millions backwards into poverty. Thank you for trying to steal a whole fucking sea from the rightful owners that surround it. Thank you for the millions of human rights violations committed by the CCP not to mention Tiananmen square (shhh).
    I'm sure all those chinese citizens citizens are thankful for your support of the CCP, especially the families of the "disappeared".
    Quote Originally Posted by Hugh Cow View Post
    Oh no! Thank you!
    Just to get it right.

    You didn't have an answer to sabang's post ,but this?
    Quote Originally Posted by Hugh Cow View Post
    For supporting human rights abuses in Tibet.
    Only in Tibet ?
    Quote Originally Posted by Hugh Cow View Post
    The breaking of the hong kong agreement.
    Yeah well. Without knowing what "break", wasn't that to be expected ?
    Quote Originally Posted by Hugh Cow View Post
    The estimated 30,000 people who have disapeared.
    Recently ?
    A low figure if you go back a bit, I think
    Quote Originally Posted by Hugh Cow View Post
    The support for Peng Shuei (an obvious liar and western plant)
    Now; what is up and down in this case ?

    Sexual abuse or not ?

    I'm sure that there are many millions of cases like that in China and around the world

    But she, being famous, is ofcourse usefull


    Quote Originally Posted by Hugh Cow View Post
    The thousands of chinese citizens who've had their land forcibly taken with little or no compensation, with violence and intimidation for those who refuse to leave land to be used by developers.
    Yes and then again; you can watch videos on YouTube with people who has their property surrounded by highrises or express way. cause they wouldn't sell at the offered price

    Blows my narrative, you know
    Quote Originally Posted by Hugh Cow View Post
    The Pandemic that has killed over 5 million people hospitalised even more and sent millions backwards into poverty.
    Guessing ?
    Quote Originally Posted by Hugh Cow View Post
    Thank you for trying to steal a whole fucking sea from the rightful owners that surround it.
    Bullies, yes

    Illegal ?

    I'm not sure


    Quote Originally Posted by Hugh Cow View Post
    Thank you for the millions of human rights violations committed by the CCP not to mention Tiananmen square (shhh).
    You probaly can't count the violations in a country of China's size.

    And Sabang can't count the Abos killed in OZ

    Won't help any of them to be compared

    Tiananmen wasn't the center of killing, though bad enough

    Was worse in the suburbs......what I heard back then anyway
    Quote Originally Posted by Hugh Cow View Post
    I'm sure all those chinese citizens citizens are thankful for your support of the CCP, especially the families of the "disappeared".
    It's their thing to take care of the CCP and China.

    Just like me being a dane, who has a say in my country and nowhere else.

  20. #770
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    I'm sure all those chinese citizens citizens are thankful for your support of the CCP,
    Well, over 90% are!

  21. #771
    Thailand Expat OhOh's Avatar
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    One of the Five Eyes has blinked over China

    New Zealand has defied the wrath of its Anglosphere allies to sign a big new trade deal with Beijing

    16 Feb, 2022 14:42

    "China and New Zealand this week completed the ratification of their upgraded free-trade agreement, which will come into force in April. Although the deal was a long time in the works, it expands the number of tariff-free goods New Zealand is able to export into China, securing what is its largest market and a key source of income for its farmers.

    The agreement comes despite the growing tensions between Beijing, the United States and its allies, with Washington seeking to put the brakes on China’s expanding economic ties with its allies, in a view towards strategic containment."

    Continues at:

    One of the Five Eyes has blinked over China — RT World News

  22. #772
    Thailand Expat OhOh's Avatar
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    China dumping US dollar in trade & investment in Asia

    Central bank taking steps to boost local currency settlements with neighboring nations

    16 Feb, 2022 13:38

    "
    The Chinese government is planning to work with other Asian nations to strengthen the use of local currencies in trade and investment as part of a broader plan to bolster regional economic strength, according to Yi Gang, the governor of the country’s central bank.
    “Emerging markets should improve their resilience,” Yi said on Wednesday during a televised speech at a G20 event hosted by Indonesia. “This is where regional cooperation has a key role to play.”

    The official highlighted that the latest progress in using local currencies of emerging Asian nations in trade and investment strengthened the region’s financial safety net against external shocks.

    According to Yi, bilateral currency swaps among the Association of Southeast Asian Nations (ASEAN) regional grouping – China, Japan and South Korea – have reached $380 billion."

    Continues at:

    China dumping US dollar in trade & investment in Asia — RT Business News

  23. #773
    Thailand Expat harrybarracuda's Avatar
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    "External shocks" = The US upping its interest rate and sucking money out.


  24. #774
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    New Zealand has defied the wrath of its Anglosphere allies to sign a big new trade deal with Beijing
    There is absolutely no foul in capitalizing on the stupidity of others.

  25. #775
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by sabang View Post
    There is absolutely no foul in capitalizing on the stupidity of others.
    Since you're a massive suck up, it's logical for you to cheer fellow suck ups.

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