jonathannat
Joined 6 years ago
Joined 6 years ago
The chinese government goal for the next 5-10 years is stability, control and state companies, not innovation nor private sector growth. They fear the end of CCP. That's why the recently 5 year plan stresses stability, and doesn't set a growth goal
That's why they cracked down on Hong Kong and basically gave up a conduit of western capital/talents as well as letting Hong Kong citizen's wealth escape abroad.
That's why they are becoming alarmingly nationalistic and lashes out on US/EU politicians and encourages its citizens to boycott foreign brands like H&M.
That's why they are building artificial islands in the south asia sea despite Vietnam/Phillipine's angry protests, to shore up their maritime power.
second link is only regarding goods. goods + services, US is EU top trade partner
third link: there are now Japan/Australian/US/UK/France/German warships patrolling in the indo-pacific region.
fourth link: costly to maintain, uncertainty post covid
> China sanctioned US/Canadian/UK/EU individuals and entities
> erased H&M (swedish company) in all major Chinese platforms
if you only count goods. if you count goods + services, US is still the biggest trading partner
Yes China Is Lying About the Size of Their Economy
https://fortune.com/2021/03/11/stimulus-package-covid-relief...
The $1.9 trillion stimulus package could see the U.S. economy outpace China’s for the first time in 45 years
https://seekingalpha.com/article/4414648-chinas-shifting-dem...
China's Shifting Demographics Suggest Slower Economic growth
https://foreignpolicy.com/2021/03/05/china-economic-growth-p...
China Signals Economic Caution at People’s Congress
China’s economic census uncovers more fake data as officials promise ‘zero tolerance’ to data manipulation
https://www.heritage.org/international-economies/commentary/...
The Problem of False Chinese Economic Data
https://nationalinterest.org/blog/buzz/yes-china-lying-about...
Yes China Is Lying About the Size of Their Economy
Fake GDP #s, especially since 2010. CCP does NOT have a growth goal in the recent five year plan, meaning they can't fake increasing defaults and can't increase construction spendings anymore due to ballooning debt.
> Hasn’t China formed new trading partnerships with many countries in Europe?
First time in 30 years EU has sanctioned China. The CAI deal (Europe-China trade deal) is now being put on hold since various members of EU being sanctioned. Potentially a dead trade deal going forward.
> China is not a dictatorship.
It is. Please read up on Xi Jing Ping's personality, his success on removing most of his enemies and secure his power, and changing the law for unlimited terms
- sanctioned US/Canadian/UK/EU individuals and entities
- erased H&M in all major Chinese platforms https://wwd.com/business-news/retail/hm-face-new-boycott-chi...
While that's happening, China has also
- signed a 25-year cooperation agreement with Iran
- censored 'stock market' term from social media searches after stocks posted longest losing streak https://markets.businessinsider.com/news/stocks/china-banned...
- attacked US in the high-level Alaska talks, saying "black Americans are being slaughtered" while adding 'We will always stand up for our principles for our people' https://www.bbc.com/news/world-us-canada-56452471
- parked hundreds of ships near a reef in order to possibly build more artificial islands https://www.npr.org/2021/03/26/981668318/chinese-ship-deploy...
My take: a dictatorship running scared on a declining economy, with enemies surrouding it and around the world, needs to bark loud and ramp up its military. it will either fade away into isolation, or it will do something stupid like attack Taiwan, whose missile capabilities can hit Beijing and three gorges and basically collapse China, and get sanctioned by countries worldwide, and fade away into oblivion
US riot - citizens who enjoy democratic freedom protested against republic/democratic government. protest got violent, government handled it.
Hong Kong riot - citizens who enjoy(ed) democratic freedom protested against encroaching dictatorship. protest was peaceful, but then turned violent when police faking as protestors started violence. protest got violent, government handled it (openly and in secret). The dictatorship increased its power at the end.
https://www.bbc.com/news/world-asia-china-48656471
At many different times in 2019, 1.7M-2M Hong Kong citizens, or 25% of the population, proudly protested in the streets and requested for their freedom. If only something good had came out of it.
Now it's sunk to what China's best at:
false arrests: https://www.reddit.com/r/HongKong/comments/mc5bah/young_man_...,
arrest for accessing online information https://restofworld.org/2021/hong-kong-journalist-on-trial-f...
brainwashing https://hongkongfp.com/2021/03/23/hong-kong-will-distribute-...
removal of religious freedom https://hk.appledaily.com/news/20210322/ZUYEZROAIFB4NK2274RB...
fake democratic system https://hongkongfp.com/2021/03/16/why-and-how-i-ended-my-par...
Imagine if you were a proud free parisian, and all of a sudden, you now live under nazi regime with concentration camps. That's probably what it feels like.
https://en.wikipedia.org/wiki/Aimee_Challenor
> Aimee Challenor, who currently works at reddit, is, at best, sympathetic to pedophilia. She has hired her father after he raped and tortured a 10 year old girl, a fact I find it hard to believe that she wasn't aware of, due to her living with him at the time of the crime, which happened in their house over several days. Her boyfriend also posted clearly pedophilic tweets, and he is now her husband.
https://www.reddit.com/r/ModSupport/comments/mbqgx2/a_clarif...
It's pretty hilarious both ignored discussing the current failing government: China.
- Came up with a 50% effective vaccine sinovac, and forces its citizens to take it
- Wolf warrior politics has infuriated almost every democratic countries on Earth, and alienated China. When Merkel steps down in Sept, the Green party candidate is most likely to succeed. And the newcomer will act tough against China and Russia
- Ballooning debt (they don't own global currency, unlike US), declining marriage/birth rate, middle income trap, unrest in many provinces
- The CCP is so insecure that they banned broadcast of oscars because of Chloe Zhao, because she mentioned CCP as failing one time in 2013