The China Thread

@Caduceus so did you ask any of the 2m Taiwanese in Shanghai as part of your research? View attachment 27298




You keep making claims of things I never said.

I have never claimed there are no Taiwanese living in mainland China, nor have I ever talked about Chinese sanctions as you mentioned in a previous post. Instead of responding directly to my observations, you seem to prefer to always pivot to another argument, to avoid the questions I bring up. This is unfortunate because you are an interesting member here with boots on the ground first hand knowledge of the situation, but it also seems you are limited in making even the tiniest criticisms of mainland China at all, as your online content (including posts on this forum) is possibly being monitored (VPN notwithstanding).

On a general basis, I really used to like mainland China and visited a number of different times from 2000 to 2019, but the radical changes to society that they have made since the year 2020 made me (and thousands of other tourists and businessmen) stop going there since then.
 
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It's impossible to keep up with all the buildings, bridges and tunnels exploding and collapsing in China but every now and then it serves a purpose to put out a visual reminder that structures and China is still not a good combination.

Somewhere in China a big bridge collapsed whilst under construction. This doesn't even hit the surface because China and deep down we all kinda expect it. Literally happens several times a week. Yet imagine this being Kentucky though, Lil Coop and the Gang would be talking about it for months on end and tie it into some imaginary macro-economic and geopolitical shifts. 'This is proof of..', you know the drill. That true-believer rigidity just makes hilarious.


If you had ever actually visited the USA, you would know that these kind of things not only happen here, it is becoming much more frequent due to third world immigration. You really should visit the USA one day, you would realize why you are not supported with your talking points on here very often, because we actually live here. And no need for personal attacks, you can make your point without getting emotional.
 
You keep making claims of things I never said.

I have never claimed there are no Taiwanese living in mainland China, nor have I ever talked about sanctions as you mentioned in a previous post.
Instead of responding directly to my observations, you seem to prefer to always pivot to another argument, to avoid the questions I bring up. This is unfortunate because you are an interesting member here with boots on the ground first hand knowledge of the situation, but it also seems you are limited in making even the tiniest criticisms of mainland China at all, as your online content (including posts on this forum) is possibly being monitored (VPN notwithstanding).

On a general basis, I really used to like mainland China and visited a number of different times from 2000 to 2019, but the radical changes to society that they have made since the year 2020 made me (and thousands of other tourists and businessmen) stop going there since then.
Seems like China knowns how much more powerful it is getting and at the same time truly realizing they cannot trust the west to be honest. So, they are starting to flex and crack down, as they no longer have any real need for businessmen from the west, or at least not as desperate to have them visit. Also, can they trust westerners to not sabotage their way of living, being they are now in a cold war with us?
 
Seems like China knowns how much more powerful it is getting and at the same time truly realizing they cannot trust the west to be honest. So, they are starting to flex and crack down, as they no longer have any real need for businessmen from the west, or at least not as desperate to have them visit. Also, can they trust westerners to not sabotage their way of living, being they are now in a cold war with us?

All valid points.

However China has imposed a lot of the same restrictions they put on on tourists and foreign businessmen, also on their own people, which shows this isn't just about protecting the country from external threats. If the local Chinese were exempt then I could accept this line of thinking more. Russia seems to do a much better job of limiting foreign influence and meddling without severely limiting their own people's freedom. The covid period from 2020 to 2022 is an excellent example of this.
 
All valid points.

However China has imposed a lot of the same restrictions they put on on tourists and foreign businessmen, also on their own people, which shows this isn't just about protecting the country from external threats. If the local Chinese were exempt then I could accept this line of thinking more. Russia seems to do a much better job of limiting foreign influence and meddling without severely limiting their own people's freedom. The covid period from 2020 to 2022 is an excellent example of this.
Yes, hard to say. At the end of the day, who is winning? The disgusting satanic west, which is just a horrible place to live and raise a family, or China? I would say China is dunking all over the west. No, they are not perfect. I am White, I don't agree with their way of living. But my people seem to be okay with going extinct, so I have to give the Chinese credit, they are kicking our asses, so, well, good for them.
 
Yes, hard to say. At the end of the day, who is winning? The disgusting satanic west, which is just a horrible place to live and raise a family, or China? I would say China is dunking all over the west. No, they are not perfect. I am White, I don't agree with their way of living. But my people seem to be okay with going extinct, so I have to give the Chinese credit, they are kicking our asses, so, well, good for them.

The reason China is doing better than Russia economically is because they work much longer hours, at much lower wages, and are able to sell to a lot more clients. However, given the choice between the 2 places, I would prefer living in Russia.
 
The reason China is doing better than Russia economically is because they work much longer hours, at much lower wages, and are able to sell to a lot more clients. However, given the choice between the 2 places, I would prefer living in Russia.
I'm not even comparing them to Russia, I am comparing China to the disgusting west. China and Russia are on the same team, at least for now, so they can work together to build safe/nice countries for their people, while all of us in the west see our countries become violent third world hellholes run by satanic pedophiles.
 

BYD shares fall to lowest in over a year as January sales drop 30%​


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There's a paywall and this is all that I can see.

SHANGHAI -- Shares of Chinese electric vehicle maker BYD fell on Monday to their lowest level in more than a year after the company reported a 30% year-on-year decline in new vehicle sales in January, as the government rolled back subsidies for the sector.

 
Eleven minutes of video commentary about BYD's recent sales report showing a 30% drop.

He says they're re-categorizing new cars as 0 KM "used" and registering them in order to inflate sales figures, which earn subsidies, and make BYD eligible for loans.

He also says China's EV industry averages 180 days to pay suppliers and that there are conditions similar to the Evergrande real estate collapse.

 
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BYD shares fall to lowest in over a year as January sales drop 30%​


View attachment 27323
There's a paywall and this is all that I can see.



China's EV sector boom is a de facto government ploy to take over market share abroad. This is why its EV companies get subsidized to the max, the sector's financial advantage already builds on China's low labor costs and lack of environmental policies. China is literally trying to flood foreign markets with cheap and low quality vehicles even when there is little demand.

Never really understood the reasoning behind, what's the point of doing this? Yet the facts are the facts, there are currently tens of thousands brand new Chinese EVs catching dust on Australian parking lots due to surplus manufacturing, similar scenes exist in China. The Changs are producing for a market that doesn't exist, it's literally about pumping out cars. Set-up is indeed very similar to the Chinese real estate market and is now experiencing a similar blow off top.



 
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China's EV sector boom is a de facto government ploy to take over market share abroad. This is why it's EV companies get subsidized to the max, the sector's financial advantage already builds on China's low labor costs and lack of environmental policies. China is literally trying to flood foreign markets with cheap and low quality vehicles even when there is little demand.

Never really understood the reasoning behind, what's the point of doing this? Yet the facts are the facts, there are currently tens of thousands brand new Chinese EVs catching dust on Australian parking lots due to a surplus, similar scenes exist in China. The Changs are producing for a market that doesn't exist, it's literally about pumping out cars. Set-up is indeed very similar to the Chinese real estate market and is now experiencing a similar blow off top.




We discussed that here a bit when the article came out back in October.

There should have been enough time since then to evaluate if it was dumping cars in Australia or merely inventory logistics.

BYD's sales drop is one indicator and I'll just wait for more info.
 
Wonder what Bannon was so proud of about orchestrating the Hong Kong Protest in his DM with Epstein. The PLA never got involved, No one was killed by the HKPD, and his plan to depeg through shorting the HKD-USD with Kyle Bass blew up his portfolio so bad it made financial news.



 
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You keep making claims of things I never said.

I have never claimed there are no Taiwanese living in mainland China, nor have I ever talked about Chinese sanctions as you mentioned in a previous post. Instead of responding directly to my observations, you seem to prefer to always pivot to another argument, to avoid the questions I bring up. This is unfortunate because you are an interesting member here with boots on the ground first hand knowledge of the situation, but it also seems you are limited in making even the tiniest criticisms of mainland China at all, as your online content (including posts on this forum) is possibly being monitored (VPN notwithstanding).

On a general basis, I really used to like mainland China and visited a number of different times from 2000 to 2019, but the radical changes to society that they have made since the year 2020 made me (and thousands of other tourists and businessmen) stop going there since then.

I'm looking back at this post and the last and you incorporated a lot of different offhanded comments about lacking visitors and so forth so I thought that was the core of your argument so I was reactively responding to that because thats actually not the reality with record people traveling from HK to Shenzhen every weekend here. I apologize.

I see your posts now and now realize its about WeChat and the onboarding process. There are services that help first time travelers (I usually recommend this to friends traveling in - https://www.trip.com/moments/detail/hong-kong-38-139780811/).

I have my WeChat connected to my Hong Kong Bank Account and it debits for me when I make a transaction. As for criticisms, its really the way China was developed over the past few years. When in Rome. You could carry cash as backup and vendors have to legally accept it but unfortunately, you'll need to onboard to ease your travels in. Its a shame that yourself and other visitors are scared away by it but there are services online that'll guide you.
 
Eleven minutes of video commentary about BYD's recent sales report showing a 30% drop.

He says they're re-categorizing new cars as 0 KM "used" and registering them in order to inflate sales figures, which earn subsidies, and make BYD eligible for loans.

He also says China's EV industry averages 180 days to pay suppliers and that there are conditions similar to the Evergrande real estate collapse.



If you want real information about a serious topic like the car industry in China, go to someone who covers the car industry, not propagandists whose entire agenda is to bash China, typically Chinese expats with first names like "Miles" or "Byron".

Here's the scoop on BYD's January sales drop from "Electric Viking" an Australian car market specialist and politically neutral source:



BYD Sales Crashed 30% in January! The Truth Behind the Numbers... Despite headlines saying **BYD sales “crashed 30% in January,” the drop reflects normal early-year volatility after a big year-end rush and policy shifts in China, not a sudden collapse in demand. January deliveries totaled about 210,000 vehicles — down ~30% year-on-year but partly driven by subsidy changes, seasonal effects like the Lunar New Year, and a strong increase in exports that helped cushion the overall performance.
 
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Epstein: Yes I only fund serious studies such as Quantum Computing, Synthetic Biology, Artifical GEneral Intelligence , Membrane Computing Let me know if you have anything interesting worth my time

Chinese Guy: Have you heard of Traditional Chinese Medicine?! Its only been around for 2000 years!!
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