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  1. #1701
    Thailand Expat misskit's Avatar
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    China Shocks With Rate Cut as Data Show ‘Alarming’ Slowdown


    China’s economic slowdown deepened in July due to a worsening property slump and continued coronavirus lockdowns, with an unexpected cut in interest rates unlikely to turn things around while those twin drags remain.


    Retail sales, industrial output and investment all slowed and missed economists estimates in July. The surveyed jobless rate for those aged 16-24 climbed to 19.9%, a record high and headache for the Communist Party as it gears up for a major congress in coming months that’s expected to give President Xi Jinping a precedent-defying third term in power.

    MORE China Shocks With Rate Cut as Data Show ‘Alarming’ Slowdown

  2. #1702
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    China factory orders shrink in ominous sign for global outlook

    I remember when it was "when the USA sneezes, the World catches a cold".




    BEIJING (BLOOMBERG) - Investors wanting to gauge the health of global consumer sentiment should look no further than China's factories right now.

    Makers of goods ranging from Christmas decorations to clothing and tents say orders from overseas customers are drying up, with some predicting that the best they can aim for is flat demand versus last year, according to more than a dozen export managers interviewed by Bloomberg News.

    The snapshots from factories in key Chinese hubs indicate that households worldwide, already tightening their belts to contend with a rapid rise in the cost of living, may be cautious for longer and add weight to warnings about a potential global recession.


    "Consumers do not have the money to spend with soaring inflation," said Ms Wendy Ma, marketing manager at a textile maker in the eastern city of Ningbo, adding that the decline in demand happened suddenly.

    Orders for items including buttons, zippers and sewing thread dropped about 30 per cent in July and August from a year earlier as demand from major markets like the United States and Europe declined, she said.

    The reports from manufacturers suggest that the resilience being seen in China's export data may fade. That said, the boom has been somewhat helped by price inflation as well as Chinese manufacturers making up for delays from pandemic lockdowns and orders that were brought forward in the light of ongoing supply chain distortions.


    "The general direction is that export growth will slow down in the coming months, and it is possible to reach a negative territory by the end of the year," said Dr Larry Hu, head of China economics at Macquarie Group.

    Still, the decline in demand for China-made goods will be gradual, instead of a collapse, he added.

    Headwinds have been slowly building for months. Mr Clark Feng, whose Vita Leisure buys tents and furniture from domestic manufacturers to sell overseas, said export orders have been dropping since March and European clients are asking to buy only about 30 per cent to 50 per cent of what they wanted last year. Workers in some of the factories he sources from have been laid off or sent on vacation, something he has not seen in his decade in the industry.

    Overseas clients are looking to clear their existing inventories instead of ordering new products, Mr Feng said. "Our products were very popular last year and now, we swing from one extreme to another extreme and the demand is even lower than pre-pandemic. There is a sense of panicking."



    FULL- China factory orders shrink in ominous sign for global outlook | The Straits Times

  3. #1703
    Thailand Expat HermantheGerman's Avatar
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    Quote Originally Posted by sabang View Post
    The purpose of this thread is to present a Chinese perspective on things- but a 'reasonable' Chinese perspective.
    a bit hard when Chinese can not speak out or even wear the clothes they want. I'am sure you will put it into perspective for us

    16.08.2022 It is not uncommon to see youngsters in China dressed in Japanese costumes. Most of them are so-called cosplayers who play a character from a Japanese manga series. Japanese pop culture is popular in China and cosplay is a popular hobby. Apparently, some police officers in the southern Chinese city of Suzhou didn't like it. They arrested a young woman wearing a kimono re-enacting a character from the manga series Bright Sun – Dark Shadows.

  4. #1704
    last farang standing
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    Even the title is a misnomer. Their is no view from China. A view requires having all objective information available to form a view. In Sabangs utopian china, he glosses over the fact that truth available to the majority of its' citizens is heavily censored if it differs from the party narrative, no matter how wrong or ill informed that narrative may be. Disappearances and gaol sentencences for those who dont conform to the CCP narrative seem to be glossed over in the world of the chinese trolls who infect this forum.
    These brainwashed CCP fifth columnists having been convinced 2+2=5, are having trouble convincing everyone else.

  5. #1705
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by Hugh Cow View Post
    Even the title is a misnomer. Their is no view from China. A view requires having all objective information available to form a view. In Sabangs utopian china, he glosses over the fact that truth available to the majority of its' citizens is heavily censored if it differs from the party narrative, no matter how wrong or ill informed that narrative may be. Disappearances and gaol sentencences for those who dont conform to the CCP narrative seem to be glossed over in the world of the chinese trolls who infect this forum.
    These brainwashed CCP fifth columnists having been convinced 2+2=5, are having trouble convincing everyone else.
    Yes, it really should be called "Hoohoo and sabang's chinky propaganda bullshit thread".

  6. #1706
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    Chinese factories close as drought hits hydropower

    Shutdowns add to economic strains as President Xi Jinping gears up to extend his time in power.



    Factories in China’s southwest have shut down after reservoirs used to generate hydropower ran low in a worsening drought, adding to economic strains at a time when President Xi Jinping is trying to extend his position in power.
    Companies in Sichuan province – including makers of solar panels, cement and urea – closed or reduced production after they were ordered to ration power for up to five days, according to news reports Wednesday.

    That came after reservoir levels fell and power demand for air conditioning surged in scorching temperatures.
    “Leave power for the people,” said an order from the provincial government dated Tuesday.
    The shutdowns add to challenges for the ruling Communist Party as Xi, the country’s most powerful leader in decades, prepares to try to break with tradition and award himself a third five-year term as leader at a meeting in October or November.
    Growth in factory output and retail sales weakened in July, setting back China’s economic recovery after Shanghai and other industrial centres were shut down starting in late March to fight virus outbreaks.

    The economy grew by just 2.5 percent over a year earlier in the first half of 2022, less than half the official annual goal of 5.5 percent.
    Areas across central and northern China ordered emergency measures to ensure drinking water supplies after summer rain was as little as half normal levels. The official Xinhua News Agency said fire trucks had carried water to two dry villages near Chongqing in the southwest.
    Hundreds of thousands of hectares of crops across central and northern China have wilted due to lack of water and high temperatures, according to the government. Some areas have declared the summer growing season a failure.
    The weather agency has warned temperatures in some areas could spike to 40 degrees Celsius (104 Fahrenheit).

    Chinese factories close as drought hits hydropower | Business and Economy | Al Jazeera


  7. #1707
    Thailand Expat harrybarracuda's Avatar
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    Meanwhile in Panjin:

    The View, from China-000_32g24gl-jpg

  8. #1708
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    Global warming at work without a doubt. The best is yet to come.

  9. #1709
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by sabang View Post
    Sichuan province
    Quote Originally Posted by harrybarracuda View Post
    Meanwhile in Panjin:
    China is a big country.

    Many countries may have different weather conditions, in different areas.

    Especially when they are 2,300 km apart.



    The View, from China-china-5-jpg

  10. #1710
    Thailand Expat Backspin's Avatar
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    Quote Originally Posted by Hugh Cow View Post
    Even the title is a misnomer. Their is no view from China. A view requires having all objective information available to form a view.
    That reminds me of the propaganda hot take about how there is no rule of law in Russia or China. Its just anarchy. No rule of law

    You simply have to be insane to have this view. Cujo lives in China and gets all the Americanized news he wants. Clearly evident in his politics threads.

  11. #1711
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    # 1906, 79860 views- I think quibbles over the Thread title are a bit passe' now. For those who resent reading news & views from or about China, a simple word of advice. Ignore this Thread!

  12. #1712
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by sabang View Post
    # 1906, 79860 views- I think quibbles over the Thread title are a bit passe' now. For those who resent reading news & views from or about China, a simple word of advice. Ignore this Thread!
    Nah, we like a bit of fiction.

    It's amusing to see how desperate you can be to try and white knight the chinkies, especially Mr. Shithole.


  13. #1713
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    Quote Originally Posted by sabang View Post
    # 1906, 79860 views- I think quibbles over the Thread title are a bit passe' now. For those who resent reading news & views from or about China, a simple word of advice. Ignore this Thread!
    I wonder which fool started it …….. probably the same poster with such a superior attitude of his self, who started a thread entitled ‘Brave New World’?

    How arrogant and grand he must be feeling right now.
    Last edited by Switch; 19-08-2022 at 08:04 AM.

  14. #1714
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    The fool on the hill.

  15. #1715
    Hangin' Around cyrille's Avatar
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    Quote Originally Posted by sabang View Post
    # 1906, 79860 views !
    Is the PayPal account bulging?

  16. #1716
    Thailand Expat OhOh's Avatar
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    World Robot Conference kicks off in Beijing

    chinadaily.com.cn | Updated: 2022-08-19 10:25

    The conference, which is held both online and offline, spans about 40,000 square meters. More than 500 sets of robots from over 130 enterprises are displayed, and over 30 of them will make their world debut in Beijing.

    World Robot Conference kicks off in Beijing - Chinadaily.com.cn

    Along with the usual dogs, personal and industrial production robots, some more applications were on display:

    Images:

    The View, from China-62ff00c0a310fd2bec9d0799-jpeg

    A bionic robot fish for underwater "exploration".

    The View, from China-62ff00c0a310fd2bec9d07a9-jpeg

    A nucleic acid testing booth using a robot to take samples.

    The View, from China-62ff00c0a310fd2bec9d07af-jpeg

    A surgery robot.
    A tray full of GOLD is not worth a moment in time.

  17. #1717
    Thailand Expat David48atTD's Avatar
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    Quote Originally Posted by panama hat View Post
    Yea, but . . .


    Yeh ... I finally made a list!

  18. #1718
    Thailand Expat OhOh's Avatar
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    Foreign Ministry Spokesperson Wang Wenbin’s Regular Press Conference on August 19, 2022

    "Shenzhen TV:

    According to reports, lawyers for WikiLeaks founder Julian Assange, along with two journalists, have recently sued the CIA for unlawfully obtaining information from their electronic devices and recordings of their conversations with Julian Assange, violating their privacy. Do you have any comment?


    Wang Wenbin:

    What has happened to Assange and his lawyers has again made one thing clear: in the US, the sanctity of human rights and press freedom comes with strings attached.

    The exercise of such rights and freedom must not come into conflict with the interests of the US. For if it does, they will surely come under high-handed restriction and ruthless suppression. 

    We can all imagine, had Assange disclosed the dirty secrets of not the US, perhaps he would not have been put behind bars and might even receive a medal or some kind of rewards and immense honor from the CIA." 

    Foreign Ministry Spokesperson Wang Wenbin’s Regular Press Conference on August 19, 2022

  19. #1719
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    So more garbage propaganda.

  20. #1720
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    As the US attempts to sustain hegemony, China, Russia safeguard international order, justice




    How to evaluate the strength of a major power? To see its attitude toward its opponents. In his press briefing on Wednesday, US State Department Spokesman Ned Price referred to China-Russia relationship as a "burgeoning" one, which is "of concern" because the vision they have for the international order is "starkly at odds to the liberal vision" and "with the underpinnings of the international system that have been in place for some eight decades following the end of the Second World War."

    The US concerns toward China and Russia are also reflected in the latest massive coverage in the Western media about China sending troops to Russia to participate in the "Vostok" exercises, and the hype of the so-called threat from the two countries.

    A thief crying "stop thief." The US' concerns about the China-Russia relationship are the product of US' own strategic anxiety. Washington worries that the US-centered international order established after WWII would collapse, and the coordination between China and Russia in the security realm could offset US' influence in the international order the US has long dominated.

    US' strategic anxiety stems from the fact that the US is declining, said Zhang Tengjun, deputy director of the Department for Asia-Pacific Studies at the China Institute of International Studies. "The US maintains its strategic competition posture with China and Russia simultaneously in the directions of Ukraine and the Asia-Pacific. Under such circumstances, if China and Russia get closer, it will affect US' deployment of resources in the two directions and hinder its efforts to dominate regional order. But US' current strength does not allow it to focus on both," said Zhang.

    The mismatch of US' strength and its mentality of viewing itself as the world's No.1 is the root cause of the existing division and chaos of the world. Zhang held the view that the crux of the problem is not what China and Russia have done or not done, but whether the US and the West can overcome their fears and anxiety about their own decline.

    From the perspective of the international order, the US is the most prominent representative of hegemonism, while China and Russia are actually defending the international order, fairness and justice. Cui Heng, an assistant researcher at the Center for Russian Studies at East China Normal University, believes that the strategic cooperation between China and Russia injects positive momentum into the international community.

    "When the US-led NATO bombed Yugoslavia more than 20 years ago, no force could restrain the hegemony of the US. Can the US still do this today? Obviously not. At the regional level, the coordination between China and Russia is a constructive force. Taking Afghanistan as an example. The US left a mess, but in the end it is China, Russia and other neighboring countries that are helping clean up the mess," said Cui, adding that those who twist China-Russia relations reflect their wretched purposes, short-sightedness as well as failure to understand that the continuous strengthening of this bilateral relationship serves for world peace and stability.

    Henry Kissinger, former US secretary of state, said in a recent interview with the Wall Street Journal that "we are at the edge of war with Russia and China on issues which we partly created, without any concept of how this is going to end or what it's supposed to lead to." Sadly, even though Kissinger's advice serves for US interests, the mainstream elites in the US who have slipped into the abyss of American political correctness won't heed such advice. If the US goes its own way to become enemies with China and Russia, it is isolating itself in the world.

    https://www.globaltimes.cn/page/202208/1273369.shtml


    Last edited by sabang; 20-08-2022 at 09:32 PM.

  21. #1721
    Thailand Expat harrybarracuda's Avatar
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    More chinky nonsense. It never ends.

  22. #1722
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    Quote Originally Posted by harrybarracuda View Post
    More chinky nonsense. It never ends.
    All of this propaganda horseshit needs to be doghoused.

  23. #1723
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    Grow up and stop being such a whiny little biatch.

  24. #1724
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by panama hat View Post
    Indeed, because that is the kind of language used by responsible and mature adults . . . You've lost the plot, sabang.
    It's the language used by brainwashed idiots.

  25. #1725
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    No, it is the language used by the boneheads, daily. When I selectively respond in kind, you just blubber and moan like the whiney little biatches you are. BooHoo.



    The rise of China- the biggest shift in our international environment since Europeans settled on this continent



    We cannot simply rely on the US to keep Asia “safe” in future. Is our Prime Minister really aware of this?

    In his recent Quarterly Essay: “Sleepwalk to War: Australia’s Unthinking Alliance with America”, Australian defence strategist, Hugh White argues the urgent need to rethink our view of the world and its future and especially how we deal with China and The United States.

    He says we need to stop underestimating China’s power and intentions, and to stop overestimating America’s capacity, because a correct assessment of their relative positions is essential to understanding what is happening in Asia and how we can best respond.

    The writer says we have been too eager to accept, in the face of clear evidence to the contrary, the idea that America’s position in Asia is invulnerable; that its armed forces are unbeatable, and that its commitment to Asia is unshakeable.

    White’s credentials are impressive. He is Emeritus Professor of Strategic Studies at the Strategic and Defence Studies Centre at the ANU and has published works on military strategy and international relations. He was Deputy Secretary for Strategy and Intelligence in the Australian Department of Defence from 1995 until 2000 and was the inaugural Director of the Australian Strategic Policy Institute.

    He argues that Australia is a key player in the Asian region, but that Australian governments have failed to act effectively on the recognition that China is working towards becoming the leading power in the Asia-Pacific region, and in the world, and that it will almost certainly achieve that.

    In the essay, White says that we need to have a national conversation about how Australia should respond to what is the biggest shift in the international environment since Europeans settled on this continent. He argues that it is now time to start talking about the real choices we must make.

    India and China will unquestionably play a greater role in the new order and while we may continue to hope that America will play a substantial role in Asia’s new order, we cannot simply rely on that nation to keep Asia “safe” in future.

    I came away from reading this tightly argued booklet, satisfied that this is a debate that we must have in Australia and that our federal government must address it urgently. There are serious questions that are not being addressed about defence thinking, and the way we are slanting our approach to these two great powers.

    My “take-home” is that we have made a very bad decision about AUKUS and that we must not under any circumstances go to war with China over Taiwan. We need to engage in a thoughtful national debate about ways in which we can most effectively work in the new world order that is emerging.

    The rise of China- the biggest shift in our international environment since Europeans settled on this continent - Pearls and Irritations

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