Thread: The View, from China

Originally Posted by David48atTD

The Global Times is a daily tabloid newspaper under the auspices of the Chinese Communist Party's flagship newspaper, the People's Daily

One suspects it has close knowledge of the position of the government's view then.

Do you have a comment on the post's content, it's accuracy pro or anti etc, rather than a media source, Chinese or otherwise?

Originally Posted by David48atTD

^ The Global Times is a daily tabloid newspaper under the auspices of the Chinese Communist Party's flagship newspaper, the People's Daily

And it doesn't mention all the hidden backdoors the chinkies use to hide the real extent of their loan sharking - which the wanketeers keep trying to pretend don't exist.

Originally Posted by OhOh

One suspects it has close knowledge of the position of the government's view then.

Do you have a comment on the post's content, it's accuracy pro or anti etc, rather than a media source, Chinese or otherwise?

I do. It's nothing but propaganda bullshit.

Some Facts About Pelosi's Visit to Taiwan


By Xinhua Published: Aug 25, 2022 10:25 AM

"Speaker of the US House of Representatives Nancy Pelosi made a provocative visit to China's Taiwan region recently in disregard of the Chinese side's stern warnings. The visit seriously infringes on China's sovereignty and security, seriously undermines China's territorial integrity, seriously jeopardizes peace and stability across the Taiwan Strait, and seriously erodes the political foundation of China-US relations. The Chinese side has been compelled to take countermeasures. The US side has been pushing disinformation to confuse right and wrong and confound black and white, criticizing China's legitimate countermeasures and trying to mislead the world about the Taiwan question. It is necessary to set the record straight with facts and lay bare the US's hegemonic nature and gangster logic.

Fact No. 1: The one-China principle is the political foundation of China-US relations. The meaning of this principle is clear and accurate. There is but one China in the world, Taiwan is part of China, and the Government of the People's Republic of China (PRC) is the sole legal government representing the whole of China. This is the original meaning of one China, and a universal consensus of the international community. The United States, while claiming to uphold the one-China policy, is in effect using the "salami tactic" to distort, falsify, obscure and hollow out the one-China principle.

Taiwan has belonged to China since ancient times. This claim has a sound basis in history and jurisprudence."

Continues in great depth here:

Some Facts About Pelosi's Visit to Taiwan - Global Times

As is generally acknowledged, the source, being close to the Chinese government, has provided many more facts.

The Countries Most In Debt To China

Countries heavily in debt to China are mostly located in Africa, but can also be found in Central Asia, Southeast Asia and the Pacific, data from The World Bank shows. China is currently the preferred lender to the world’s low-income countries, which owe 37% of their debt to China in 2022, compared to just 24% in bilateral debt to the rest of the world.


The Chinese "New Silk Road" project, a program to finance the construction of port, rail and land infrastructure across the globe, has been a major source of debt to China for participating countries. At the end of 2020, of the 97 countries for which data was available, those with the highest external debt to China were all involved in the project, namely Pakistan ($77.3 billion of external debt to China), Angola (36.3 billion), Ethiopia (7.9 billion), Kenya (7.4 billion) and Sri Lanka (6.8 billion).

The countries with the biggest debt burdens in relative terms were Djibouti and Angola, where debt to China exceeded 40% of gross national income, an indicator similar to GDP but also including income from overseas sources. The equivalent of 30% of GNI or more in Chinese debt affect the Maldives and Laos, with the latter just having opened a railway line to China which is already causing debt issues for the country.

Chinese loans to developing nations have higher interest rates than bilateral loans from Paris Club countries or international institutions like the International Monetary Fund or The World Bank and also have shorter repayment windows. Their setup is therefore closer to commercial loans concerning their conditions of repayment and confidentiality but also their objectives of funding very specific infrastructure projects instead of pursuing more generalized developmental goals.


Debt forgiveness from China?


The Paris Club used to hold the majority of low-income countries’ debt, which was ultimately restructured and largely forgiven after the turn of the millennium for those nations that were unable to make payments and qualified for debt relief. Whether such a process will be available for Chinese debt is unclear. The President of the World Bank, David Malpass, called the level of debt many countries once again hold “unsustainable” in January.


The Covid-19 pandemic has made it even harder for countries to pay back debt they accumulated before the virus caused economies to crash. As of 2020, China had officially lent around $170 billion to low and middle-income countries, up from just around $40 billion in 2010. According to the BBC, the actual figure might be twice as high as China is funneling funds through state-owned or private institutions and companies, which keeps them off the government balance sheet.


The idea that China could gain significant leverage over countries and their infrastructure in the case of repayment issues has been cited often, like in the case of a troubled Sri Lankan port that was built with Chinese funds and that China ultimately took a 70% stake in. The Laotian railway that has been burdening the country with debt is also 70% Chinese-owned. However, in the case of Sri Lanka, UK think tank Chatham House has pointed out that the partial ownership takeover has so far been largely symbolic. Still, such ownership structures could be used to China’s advantage in the future.

Sri Lanka in May was the first APAC country in two decades to default on its sovereign debt. Chinese debt to Sri Lanka was the fifth-highest overall in late 2020 and amounted up to 9% of the country's GNI. According to the Financial Times, which called the development in Sri Lanka and elsewhere China’s first overseas debt crisis, the country had to renegotiate loans worth $52 billion in 2020 and 2021—more than three times the amount that met this fate in the two previous years.

The Countries Most In Debt To China [Infographic]

Originally Posted by David48atTD

^ The Global Times is a daily tabloid newspaper under the auspices of the Chinese Communist Party's flagship newspaper, the People's Daily

TBF, this thread is The View from China. We aren't all expected to accept it as the only view. The facts stated in that graphic, is it a cartoon, are checkable elsewhere. Although there remains one problem:

Originally Posted by misskit

According to the BBC, the actual figure might be twice as high as China is funneling funds through state-owned or private institutions and companies, which keeps them off the government balance sheet.

Originally Posted by OhOh

Some Facts About Pelosi's Visit to Taiwan

1. It really pissed off all the chinkies and our resident wanketeers, and we all had a good laugh.

^^^ Well it isn't the only view Shutree. No single source is. But considering it is from a government owned mouthpiece of the world's largest nation, selected articles are certainly worth sharing. Up to the reader of course whether they wish to read it as with any other article.

Originally Posted by sabang

^^^ Well it isn't the only view Shutree. No single source is. But considering it is from a government owned mouthpiece of the world's largest nation, selected articles are certainly worth sharing. Up to the reader of course whether they wish to read it as with any other article.

It's all chinky propaganda bullshit.

Meanwhile, more chinky whining from the government spying corporation.

Alarm in China as Huawei founder warns of ‘painful’ next decade | news.com.au — Australia’s leading news site

A lot of what I read in MSM, especially concerning Russia and China, is utter bullshit. I prefer my sources of information to be diverse, but please be my guest to ignore this thread. You won't be sadly missed, boohoo.

Originally Posted by sabang

A lot of what I read in MSM, especially concerning Russia and China, is utter bullshit.

So prove it as it should be easy.

Originally Posted by sabang

I prefer my sources of information to be diverse, but please be my guest to ignore this thread. You won't be sadly missed, boohoo.

Of course, you would like everyone to fuck off, so you can turn this thread into a propaganda mill that the Three Stooges can dump horseshit in without question. Happily there are smart people to dispel your dogma.

Originally Posted by Cujo

What do we make of this? Not so much a view FROM Chinas as a view of China.
Or a View of the result of Chinas pocketbook politics.
Pity the Solomons aren't a more politically advanced nation that could tell the chinkies to fuck off. They're bought and paid for now.
Kunts.



US ship unable to get Solomon Islands’ permission to dock, says Washington | Solomon Islands | The Guardian

Hilarious that the Solomons told the US ship to beat it.



Australia or the US weren't investing shit in the Soloman islands.

Thankfully for the ppl of the Soloman Islands , they might get some infrastructure investment that they need now.

A United States coast guard vessel was unable to enter Solomon Islands for a routine port call because its government has been paid off by the chinkies

FTFY.

Meanwhile, the US should not bother patrolling for illegal fishing. Just let the chinkies mop up all the fish around the Solomons then its people might realise what the corrupt arseholes in charge have done.

China's south-to-north water diversion project passes verification test


By Global Times Published: Aug 27, 2022 01:56 AM

Aerial photo taken on August 26, 2022 shows the Yellow River Crossing Project tunnel of the Middle Line of South-North Water Transfer Project in Central China's Jiaozuo, Henan Province. On August 25, 2022, the Middle Line of South-north Water Transfer Project passed the completion and acceptance stage, presided over by the Ministry of Water Resources. Photo VCG

"Although East China’s Jiangsu Province and Central China’s Hubei Province, two main water sources for China's south-to-north water diversion project, have seen extreme heat waves recently, experts said it will not affect the overall operation of the water project, which will play a key role in transferring water from China's water-rich south to the arid north.

In the latest development, a project to go through the bed of the Yellow River passed a verification test on Thursday. It marks the verification passage of all the 155 units in the project and the official operation of the full project, Xinhua News Agency reported.

The official operation of the eastern and central route of the project is expected to optimize China’s hydropower resources and systematically strengthen China’s ability to cope with flood and drought, Chen Jia, an independent research fellow on international strategy, told the Global Times on Friday."

Continues at:

China's south-to-north water diversion project passes verification test - Global Times

Amazing isn't it. The chinkies are in the middle of a water disaster and all they can post is some piss in the wind bullshit that doesn't solve anything. And hoohoo pastes it like the lemming he is.

China’s Record Drought Is Drying Rivers and Feeding Its Coal Habit


Dry weather in southwestern China has crippled huge hydroelectric dams, forcing cities to impose rolling blackouts and driving up the country’s use of coal.

nytimes.com

China-Linked Bots Attacking Rare Earths Producer ‘Every Day’

.....Lynas is the world’s biggest producer of rare earths outside China, with an operating processing plant in Malaysia and two additional facilities being constructed in the US and Australia. On Friday, it reported record full-year net income after tax of A$541 million ($377 million), more than three times last year’s figure.

China-Linked Bots Attacking Rare Earths Producer ‘Every Day’

Shanghai hydrogen moves into high gear

China Daily| Updated: Aug 27, 2022

"Shanghai announced on Friday it will establish a regional hydrogen pipeline network and a national trading platform, amid a slew of supportive policies to speed up the industry's development.
The move is part of the country's concerted efforts to reduce carbon footprint and meet emission targets, experts said.
The city had already pledged to build about 70 hydrogen fueling stations and have its size of hydrogen industrial chain surpass 100 billion yuan ($14.6 billion) by 2025.

Further efforts are still needed to increase the use of new energy in place of fossil fuels for the generation of hydrogen power. Experts said hydrogen power generated using new energy can help achieve China's green commitment.
According to a notice co-released by the Shanghai Municipal Development and Reform Commission and nine other local departments, the city will quickly plan the layout of the hydrogen transmission pipeline network, explore the planning and construction of pure hydrogen pipelines and hydrogen-mixed natural gas pipelines, and carry out related demonstrative projects in Lingang Special Area using its infrastructure like comprehensive energy stations.

The city also said support will be given to leading domestic companies in the hydrogen sector and professional institutions in the field of carbon trading, to jointly establish a unified and efficient hydrogen energy trading platform in Lin-gang Special Area.

To better establish a national hydrogen trading platform, the city will expedite research on improving relevant policies, regulations, industry standards, methodologies, price indexes, traceability and so forth.
Shanghai's release of supportive policies for hydrogen development is in alignment with China's mid- and long-term plans for the hydrogen industry released in March. The plans envisage hydrogen produced from renewable energy reaching 100,000-200,000 metric tons per year, and carbon dioxide emissions falling by 1-2 million tons per year by 2025.

China also vowed to form a relatively complete hydrogen energy technology innovation system, a mechanism of hydrogen made from clean energies and a supply system by 2030. The country pledged to form a hydrogen industry system and promote its use in various sectors like transportation and power storage by 2035.

Backed by policy support, China's development of hydrogen is on a fast track. According to the China Hydrogen Alliance, the output value of China's hydrogen industry increased from 240 billion yuan in 2020 to 360 billion yuan last year. It estimated that by 2025, the output value of China's hydrogen energy industry will reach 1 trillion yuan. By 2050, the output value of the hydrogen industrial chain will reach 12 trillion yuan. The alliance forecasts that hydrogen is expected to become a new driver of economic development.

"Hydrogen plays an important part in China's promotion of new energy development to peak carbon emissions by 2030 and reach carbon neutrality by 2060. Despite its importance, use of hydrogen is not commonly seen in areas other than new energy vehicles because of barriers in technologies and costs," said Lin Boqiang, head of the China Institute for Studies in Energy Policy at Xiamen University."

https://en.lingang.gov.cn/2022-08/27/c_793666.htm

You'd think they would be working a bit harder to divert the floodwaters to the drought areas, wouldn't you?

Shanghai, being on the coast, would, I suspect, not be very efficient at providing water for the drought areas.

Xinjiang exports to US hit two-year high despite Uygur Forced Labour Prevention Act taking effect

• Industry observers surprised by leap in reported shipments for July, as many believed number would plummet to near zero after law took effect in June
• Importers now required to rebut presumption all goods from the tightly controlled far-west region of China are tainted by forced labour

A cotton picker working in Yuli county in Xinjiang Uygur autonomous region. The US government considers cotton products from the Chinese region to be high-risk for forced labour. Photo: Xinhua



Xinjiang’s clothing exports to the United States surged to their highest point in nearly two years in July, the first full month after the US began enforcing a law to block goods from the far-west region of China due to forced labour concerns there, according to Beijing’s most recent customs data.

The Chinese government’s figures show Xinjiang continued to send tens of thousands of shirts, pants, jackets and dresses as well as millions of pairs of socks to the US, among other clothing items, even as American customs authorities had started implementing the long-anticipated Uygur Forced Labour Prevention Act.

US Customs and Border Protection declined to comment on the official export numbers, whose volume surprised industry observers in the US and China alike. But the agency said it had already begun “as we anticipated”.

Industry experts said the leap in shipments likely came from orders placed months ago, such as for the coming holiday shopping season. It was unclear how many of the goods, if any, would ultimately reach US territory now that the law is in effect.

FULL- Xinjiang exports to US hit two-year high despite Uygur Forced Labour Prevention Act taking effect | South China Morning Post

You really do swallow the propoganda don't you.

So much evidence of Chinese innovation, always verified by Chines ‘experts’.

A self declared win, is not a win at all for the people that really matter.

Originally Posted by Cujo

You really do swallow the propoganda don't you.

Like the $5 rent boy he is.