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  1. #2751
    Thailand Expat harrybarracuda's Avatar
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    I can't believe hoohoo missed the big story about how the chinky parasites are fucking over so many countries. They really are little more than a massive, cancerous tumour on the world.


    A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s biggest and most unforgiving government lender, China.

    An Associated Press analysis of a dozen countries most indebted to China — including Pakistan, Kenya, Zambia, Laos and Mongolia — found paying back that debt is consuming an ever-greater amount of the tax revenue needed to keep schools open, provide electricity and pay for food and fuel. And it’s draining foreign currency reserves these countries use to pay interest on those loans, leaving some with just months before that money is gone.

    Behind the scenes is China’s reluctance to forgive debt and its extreme secrecy about how much money it has loaned and on what terms, which has kept other major lenders from stepping in to help. On top of that is the recent
    discovery that borrowers have been required to put cash in hidden escrow accounts that push China to the front of the line of creditors to be paid.


    Countries in AP’s analysis had as much as 50% of their foreign loans from China and most were devoting more than a third of government revenue to paying off foreign debt. Two of them, Zambia and Sri Lanka, have already gone into default, unable to make even interest payments on loans financing the construction of ports, mines and power plants.


    In Pakistan, millions of textile workers have been laid off because the country has too much foreign debt and can’t afford to keep the electricity on and machines running.


    In Kenya, the government has held back paychecks to thousands of civil service workers to save cash to pay foreign loans. The president’s chief economic adviser tweeted last month, “Salaries or default? Take your pick.”

    Since
    Sri Lanka defaulted a year ago, a half-million industrial jobs have vanished, inflation has pierced 50% and more than half the population in many parts of the country has fallen into poverty.


    Experts predict that unless China begins to soften its stance on its loans to poor countries, there could be a wave of more defaults and political upheavals.


    “In a lot of the world, the clock has hit midnight,” said Harvard economist Ken Rogoff. “
    China has moved in and left this geopolitical instability that could have long-lasting effects.”

    China calls in loans to Pakistan, Kenya, dozens more | Fortune



  2. #2752
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    The irony of this panic over declining birthrates is that IF we magically produced enough workers to replace the elderly retiring ones, most of them would simply find themselves unemployed due to automation and the growing use of robots and AI.

  3. #2753
    Thailand Expat David48atTD's Avatar
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    Why many 'double income, no kids' couples in China don't want children

    Amid a push for Chinese couples to have more babies, Beijing resident Four Wang, 42, and his wife have decided it is too much of a risk.

    "It would be just like opening a mystery box," Mr Wang said.
    "I have no courage to open it."

    The finance worker said a child would be expensive and could reduce his quality of life.

    "The money I saved can be used for shopping," he said.

    "I won't need to worry about children's lives, health, safety, et cetera."

    Why many ''double income, no kids'' couples in China don''t want children - ABC News


    Hummm ... China ... not the future.
    Someone is sitting in the shade today because someone planted a tree a long time ago ...


  4. #2754
    Thailand Expat OhOh's Avatar
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    Chinese scientists war-game hypersonic strike on US carrier group in South China Sea, US carrier group could be destroyed ‘with certainty’

    beijingwalker Published: 4:00pm, 23 May, 2023
    "The researchers said 24 hypersonic anti-ship missiles were used to sink the US Navy’s newest carrier and its group in 20 simulated battles

    Hypersonic weapons could be “catastrophic” for the most potent aircraft carrier group in the US fleet, according to war game simulations run by a team of military planners in China.

    Over 20 intense battles, Chinese forces sank the USS Gerald R. Ford carrier fleet with a volley of 24 hypersonic anti-ship missiles, in a simulation run on a mainstream war game software platform used by China’s military.

    In the scenario, the US vessels are attacked after continuing to approach a China-claimed island in the South China Sea despite repeated warnings.

    A paper detailing the war game was published in May by the Chinese-language Journal of Test and Measurement Technology. It is the first time the results of simulated hypersonic strikes against a US carrier group have been made public.

    The researchers, led by Cao Hongsong from the North University of China, said almost every US surface vessel was shattered by the attack and eventually sank in the simulation.

    The war games suggested the US carrier group – previously regarded as unsinkable by conventional weapons – could be “destroyed with certainty” by a relatively small number of hypersonic strikes, they said."

    Continues at:

    Chinese scientists war-game hypersonic strike on US carrier group in South China Sea, US carrier group could be destroyed ‘with certainty’ | Pakistan Defence
    A tray full of GOLD is not worth a moment in time.

  5. #2755
    Thailand Expat OhOh's Avatar
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    One commentator"s view on the China war game post:

    "I read the article, how interesting the chinese gave them self no satellites and a small number on hypersonic weapons, they gave the americans the best deffence in masses.

    In the yankee war game it was other way around the yankees gave themself the best weapons the best informations and the chinese bad weapons limited information."


  6. #2756
    Thailand Expat harrybarracuda's Avatar
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    If they've actually got any, the chinkies probably knocked off the high-heeled war criminal's "hypersonic missiles", which means they were crap to start with and are probably worse than his.


  7. #2757
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    Quote Originally Posted by panama hat View Post
    Perfectly rounded and unbiased reporting from our resident Chinaman.
    Hasn't been posting his usual drivel of late.

  8. #2758
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by bsnub View Post
    Hasn't been posting his usual drivel of late.
    You make it sound like you miss him.

  9. #2759
    Thailand Expat harrybarracuda's Avatar
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    In case Thais were wondering why their Durian is getting more expensive:

    Southwest China's Chongqing on Sunday welcomed the first direct cold-chain train of Thai durians that reached the megacity via the New International Land-Sea Trade Corridor.
    The 150,000 durians from Thailand were first transported by road to Laos, where they were loaded on a train that traveled into China via the China-Laos Railway.
    The entire journey took four days, down from 8-10 days on previous sea-road routes, said Deng Haoji, chief operating officer of Hongjiu Fruit, the company that purchased the fruits.
    "For fruit importers, time is money and every hour is precious. This durian train has reduced costs, as well as losses during the transportation," Deng said.
    The majority of the durians will enter markets in Chongqing, while the rest will continue the train journey to reach the neighboring province of Sichuan.
    Durians are among a growing number of agricultural products from the Association of Southeast Asian Nations (ASEAN) that have expanded entry into the Chinese market thanks to the Regional Comprehensive Economic Partnership (RCEP) agreement and improvement of cross-border transport infrastructure.
    In 2022, China imported 825,000 tonnes of durian, of which 780,000 tonnes came from Thailand, according to customs data.

    Chongqing opens faster import route for Thai durians - China.org.cn

  10. #2760
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    I will just leave this here...

    The View, from China-iwkmvm3-jpg

  11. #2761
    Hangin' Around cyrille's Avatar
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    Snubs, that pic doesn't match up to your billing.

    It's kind of old hat.

  12. #2762
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    Quote Originally Posted by cyrille View Post
    Snubs, that pic doesn't match up to your billing.
    Maybe not, but it still triggers the trolls.

  13. #2763
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by bsnub View Post
    Maybe not, but it still triggers the trolls.
    What trolls? Hoohoo and sabang have long since left in search of somewhere that would take their horseshit seriously.

  14. #2764
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by panama hat View Post
    That leaves . . . Backspit???
    Skidmark's not a troll. He's just an attention seeking moron.


  15. #2765
    Thailand Expat OhOh's Avatar
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    It's time to test US' credibility again: Global Times editorial

    By Global Times

    Published: Jun 20, 2023 12:42 AM

    "On June 19, Chinese President Xi Jinping met with US Secretary of State Antony Blinken in Beijing, which was the most important and highly anticipated part of Blinken's China visit. Until the last moment, whether Blinken would secure a meeting with President Xi was a topic of great interest in the US media, carrying significant indicators to measure the achievements of Blinken's visit and the level of easing in China-US relations. Therefore, once the meeting was confirmed and the scene of the meeting was released, it immediately became one of the most significant international events of the day. Against the backdrop of the international community's widespread concern over the downward spiral of China-US relations, this meeting has released the expected signal of relief.

    Though the meeting was not long, it carried substantial information. President Xi expounded on the principled stance for stabilizing and developing China-US relations, providing strategic and guiding suggestions. President Xi emphasized that the world needs a generally stable China-US relationship, and whether the two countries can find the right way to get along bears on the future and destiny of humanity. The vast expanse of the Earth is big enough to accommodate the respective development and common prosperity of China and the US, Xi pointed out. The Chinese, like the Americans, are dignified, confident and self-reliant people, Xi said, adding that they both have the right to pursue a better life, and the common interests of the two countries should be valued, and their respective success is an opportunity instead of a threat to each other.

    These words are full of sincerity and goodwill, while also targeted. Some people in the US view China's development with a narrow mindset of zero-sum game or even negative-sum game, perceiving it as a threat rather than an opportunity. Their biases toward China, catalyzed by the complex political and diplomatic environment in Washington, have become the crux of the twists and turns in China-US relations. In other words, the US' own problems have turned into problems in bilateral relations, which need to be resolved by the US side.

    China has consistently demonstrated its strategic clarity to the US, which is a sharp contrast with US side's strategic ambiguity. The three most commonly used adjectives by both sides for their high-level communication are "frank, in-depth and constructive." Clarity represents frankness. We believe that Blinken deeply understands this during his visit. China has thoroughly explained the root causes of the low point in China-US relations, the urgent tasks for both sides, China's intentions and goals for development and revitalization, and the most prominent risks in the bilateral relationship. China does not harbor ill intentions toward the US, but it will definitely counteract any suppressive actions. If the US still has any misunderstandings about China's strategic intentions, then we can only assume that they are deliberate and pretending to be ignorant.

    Overall, in a situation with low expectations from various parties and having experienced twists and turns, Blinken's visit to China has achieved some specific consensus, and the communication has been efficient and in-depth. It is worth noting that during the talks, Blinken made some statements that moved toward China's position. For example, he said that the US is committed to returning to the agenda set at the summit between the heads of state in Bali and reiterated US President Joe Biden's commitment of "five noes." Some of Blinken's statements during the press conference held on Monday evening also reflected this point. However, it should be pointed out that the "stability" of China-US relations requires both sides meeting each other halfway, especially for the US to be consistent in both words and deeds.

    Even though it is still too early to determine if it was a successful visit, China-US relations made positive progress because of the trip. This is in the interests of the US, China, and even the world, which is also what the international community hopes to see. The world once had unprecedentedly low confidence in the turnaround of China-US relations, but now there are more expectations for the stability of China-US relations.

    China and the US have taken a step forward, but it is still far from enough. The key lies in the next steps. It goes without saying that there are still differences between the two countries on many issues. No one expects Blinken's trip to resolve these divergences. Its greater significance lies in the possibility of reversing the highly unhealthy and tense atmosphere in bilateral relations and thus creating conditions for managing and resolving the differences. China's reception of Blinken also showcases China's demeanor as a major power and its sincerity in stabilizing China-US relations and strengthen communication. Previously, the US gave the world the impression that China was unwilling to communicate, but it is clearly not the case.

    Some media outlets noticed that the blooming lotus placed at the center of the meeting table between President Xi and Blinken was particularly eye-catching. It is currently the season of lotus blooms, and "lotus" has the same pronunciation in Chinese as "harmony," conveying the expectation of peaceful coexistence and win-win cooperation between China and the US. We hope that after returning to the US, Blinken will comprehensively and objectively convey the information received in China, generating new momentum for stabilizing China-US relations, and never again leaving the impression that the US says one thing and does another."

    It's time to test US' credibility again: Global Times editorial - Global Times

  16. #2766
    Thailand Expat harrybarracuda's Avatar
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    Here's some happy chinky news.

    China Airlines orders eight Boeing 787 Dreamliners at Paris Air Show

    Boeing and China Airlines today finalized an order for eight 787-9 Dreamliners at the 2023 Paris Air Show. This firm order, which was previously posted to Boeing’s Orders and Deliveries website as unidentified, follows the airline’s first-ever order for 16 787-9s announced last year.


    https://worldairlinenews.com/2023/06/20/china-airlines-orders-eight-boeing-787-dreamliners-at-paris-air-show/




  17. #2767
    Thailand Expat harrybarracuda's Avatar
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    Shocking. Don't they have one of those chinky police stations in New Zealand?

    Seven Chinese citizens were injured in an armed attack in Auckland's North Shore in New Zealand on Monday night, the Chinese consulate general in Auckland confirmed in a statement on Tuesday.
    The suspect, who is also a Chinese citizen, has been arrested, the statement said, adding that the injuries were not life-threatening.
    The consulate general said it has activated the emergency mechanism for consular protection, and asked the local police to provide emergency assistance to the injured Chinese citizens and inform the consulate general about progress in the case.

  18. #2768
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    Quote Originally Posted by harrybarracuda View Post
    Here's some happy chinky news.
    That was a quick response. At least admit you missed him.


  19. #2769
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by bsnub View Post
    That was a quick response. At least admit you missed him.

    What are you talking about?

  20. #2770
    Thailand Expat OhOh's Avatar
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    When will NaGaStan stop the provocative 'innocent passage' drive-bys by it's military ships and airplanes in the Taiwan Straits.

    To do that it simply has to apply the United Nations Convention on the Law of the Sea:

    Article 37 and 38

    Right of transit passage

    1. In straits referred to in article 37, all ships and aircraft enjoy the right of transit passage, which shall not be impeded; except that,

    if the strait is formed by an island of a State bordering the strait and its mainland,

    transit passage shall not apply if there exists seaward of the island a route through the high seas
    or through an exclusive economic zone of similar convenience with respect to navigational and hydrographical characteristics.

    https://www.un.org/depts/los/convent...s/unclos_e.pdf

    A view on a map shows that this evidently applies to the strait between mainland China and the Chinese island of Taiwan.

    The View, from China-taiwanmap-s-2-jpg

    Red area no access, yellow line UNCLOS Article 38 route.
    Attached Thumbnails Attached Thumbnails The View, from China-taiwanmap-s-jpg  

  21. #2771
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by OhOh View Post
    The View, from China-taiwanmap-s-2-jpg
    This reminds me of baldy orange cunto and his sharpie.

    So let's explain it for fuckwits.

    The Taiwan Strait is about 220 nautical miles (410 km) at its widest and 70 nautical miles (130 km) at its narrowest points. Even accounting for China’s and Taiwan’s separate claims of territorial waters and contiguous zones, a wide strip of water still lies outside each claimants’ allotted space. Therefore, terming this strip freely navigable international waters stands in line with the U.N. convention.
    So you and the chinkies can stop moaning now.

  22. #2772
    Thailand Expat helge's Avatar
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    Yeah and Taiwan whines when chinese planes cross the middle of the strait.

    And vice versa.

    And the press finds it to be news.

    It isn't

  23. #2773
    Thailand Expat OhOh's Avatar
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    China and Pakistan ink $4.8 billion deal to build 1,200-megawatt nuclear power plant: report

    By Global Times

    Published: Jun 21, 2023 12:30 AM

    "China and Pakistan inked a $4.8 billion deal on Tuesday to construct a 1,200-megawatt nuclear power plant, according to media reports.

    Prime Minister Shehbaz Sharif made the announcement, stating that work on the Chashma 5 project would commence immediately. Reuters reported Sharif's remarks on state-run news channel PTV, which came after the signing of the memorandum of understanding between China National Nuclear Cooperation and Pakistan Atomic Energy Commission.

    Sharif emphasized that China's investment of $4.8 billion in this project sends a clear message that Pakistan is a trusted destination for Chinese companies and investors. The Chashma 5 project will be built in the central province of Punjab and will assist Pakistan in transitioning away from fossil fuels.

    Pakistan's total nuclear energy production capacity reached 1,400 MW after the opening of the sixth nuclear power plant in the southern port city of Karachi two years ago. The 1,100 MW plant was also constructed with assistance from China, as stated in the Reuters report.

    China and Pakistan have been strengthening their cooperation in the energy sector. In February, the inauguration ceremony for the K-3 Hualong No.1 nuclear power unit took place in Pakistan. This marked the first official delivery of China's self-built third-generation nuclear power technology to a foreign country. The K-2 and K-3 Hualong No.1 nuclear power units in Karachi form the largest nuclear power plant in the country."

    China and Pakistan ink $4.8 billion deal to build 1,200-megawatt nuclear power plant: report - Global Times

  24. #2774
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    territorial waters
    There is no mention of "territorial waters" in Article 37 and 38.

    Thus the extent of rule 37 and 38 is from the two parties edges, the Chinese mainland and the Chinese island.

    Thank you for your post, a link to the published legal opinion confirming your a text, would be usefull?

  25. #2775
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by OhOh View Post
    There is no mention of "territorial waters" in Article 37 and 38.

    Thus the extent of rule 37 and 38 is from the two parties edges, the Chinese mainland and the Chinese island.

    Thank you for your post, a link to the published legal opinion confirming your a text, would be usefull?
    Yes but you're an idiot and ignore that fact that that chinkies don't care about legal opinions unless it suits them.

    They claim they own seas off Vietnam, Cambodia and the Phillippines.

    They don't.

    So fucking hard luck.

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