12/17/2016

Silly bananas thinking like the West

I read this Bloomberg report in the ST titled ‘China’s investments changing its neighbours’ on 8 Dec. The main part of the article described the big investments China put into Cambodia, Laos and Myanmar and how the Chinese investments have boosted their growth rates to 7 or 7.5% that many countries would be salivating.  China is investing in everything in these countries, from railroad to real estates and also shifting its low value factories into these countries. And Chinese imports from these countries more than double in the last five years. Should not these developments be good?
 

Here comes the punch line. All these are bad. Why, too much dependency on China and also the factories are at the bottom end of the value chain. Ok, ok, fair enough, putting all the eggs in one basket is bad. These countries must diversify, to trade with the rest of the world, to trade with Europe and America. Wait, wait, can these countries afford to purchase the over expensive products of the West? Or would the West want to trade with these countries and buy their agricultural products and raw materials? If no, then how, don’t trade with China and wait for the West to come calling? What about the 7% economic growth, 3% happy or not, good or not, if don’t trade with China?
 

And those low end production, why, tell China they don’t need them. Ask China or the West to transfer their high value production to these countries? Oh, sorry, Trump wants his factories back. And Europe will not be bothered to send their high value add factories to these developing countries. By the way, that was how China started, how Singapore started, with low value manufacturing, gained the skills and expertise and move on. Should these countries do away with low value manufacturing and leapfrogged China into high value add manufacturing? Do they have the skills, the technical people to be in the next level of manufacturing?
 

Why am I asking embarrassing questions? The western experts and bananas that think like the West are denouncing Chinese investments in these countries and transferring their low value add factories to them as bad. Should advise the govts of these countries not to trade with China?
 

Is that the solution? What is the alternative?
 

‘The biggest risk for frontier Asean economies is that Chinese inflows create “extractive” elites who entrench themselves in power,’ said Mr Song Seng Wun…’ May I add my piece of advice, stop all investments from China, and wait under the coconut trees for the coconuts to drop.  Never mind if ‘These countries are getting a lot of money and opportunity from China…’ True, stop all investments from China, don’t trade with China. Go and trade with the West, the benefactors of these ever developing countries since the days of colonialism.
 

These kind of silly stories originating from the West have nothing good to say about receiving investments and trades with China. They would rather these countries remained under developed or not developing than to grow at 7%  and getting a lot of money from China to raise the livelihood of their people. The solution is to remain poor and not be solely dependent on China. Just wait for the West, their former colonial masters to return to help them to extract all their natural wealth while keeping them poor as colonies.

27 comments:

Anonymous said...

Cambodia Loas are china s direct neighbors and are communistic. Myanmar is not so as angsan is a western trained allied to the west. But China and Myanmar has common border. There is high ways linking Yuan to Thailand through these countries. There is no doubt Bloombird will sourgrape. Lets say it this way: where is the US aid to these countries? Without china investing money on transport and setting up factories to teach the people besides farming, they can make shoes like Night key with a brand and sell to sin city at cheaper price to make money from the goodu sin city voters. Without china teaching these countries to make cloths using machines made in china, and where to buy it, these poor farmers will continue to use wooden tools to make cloths and will be poor and poorer relatively.

Bloombird or sicktimes can talk till cow come home, readers are getting lesser to read their stuff, as more are reading china and hong kong or taiwan newspapers. This is the world. As a regular news readers, i dont need to click on fox news or cnbc or cb stuff, yes, i still get the same news, no poison inside.

2 days ago, Thailand was said to have signed lots of mutual trade pacts with Beijing in china capital. One was tourist target on mutual visits to be 10 millions. Thats a lot to me, as Bangkok has siphons tourists from sin city. This mutual pact with china will lagi make sin city deserted with chinese group tourists, who are big spenders on shops.

Look at the angmor tourists, carrying backpacks, buy small plates of chicken rice and can drinks from sup mar, one day probably spends less than $10 in sin and then take bus to JB to stay. Sin city readers wanna to have ang mor or china group tourists? Of course the group tours that spend more.

Same as Cambodia Loas and Myanmar, china investment come in billions dollars. Dont want? Wanna win an argument that south china sea not belonged to china? To cambodia, this kind of issue is like Obama cannot pangsia, nothing to do with Huensen. That why after the Philippine Tribunal judgment announced in July this year, Huensen ignored one ambassador went personally to Huensen s home, asking Huensen to support Asean to support Philippine s Tribunal judgment against china. Huensen said this during Mongolia meeting with Asean heads and china PM. Cambodia if bother to follow Asean s toes to please the Obama s anti china lines, Cambodia will not have 7% growth. Loas was lucky, did not sway towards Obama who was there. Myanmar was flip flop. Sin city was out right with its FM left earlier leaving china FM to face the press without Asean reprs.

Time settles the whole argument. Who gets what? Indo china countries get the best deals. I mean cash cash cash cash inflows. Sin city get cash outflows, less china tourists, no group tours visible. But Sin city worship this belief: immigrants create jobs for local citizens. The Pap will not need china s cash investment lah. The need to hire more foreigners to take over the jobs citizens can do. Some days these citizens will have jobs like queuing up for free money at temples, or collecting cartons and cans. One noticed jobs coming their way was cleaners. 4 years later can get $1400pm. Thats alot of money to Pap millionaires suddenly wanting to be generous to cleaners.
That is the reason sicktimes do not write good stuff about china because china owns south china sea, sin city citizens cannot tahan this fact, even it was this way after 1945. Just cannot tahan this fact because US said this. Strange thing happened, Duterte came yesterday and did not declare to support a resolution that china is to follow international laws, the common line from dear leader when meeting foreign heads of states. Why go soft? Sin city is owning F35 soon. Must be louder to punch above what?

Anonymous said...

Need to understand why the neighbours of China, like ASEAN (Cam, Laos, Thailand, Myanmar, Viets) tends towards China & not to antagonize China to sour the cordial relations. Good neighborliness is vital to China as peace can bring prosperity to both sides. Any stirring up of relationship spells trouble & chaos economically & peacefulness. Think that these China neighbours understand this ( they r wise indeed compared to the Sillyporeans Minions in white clothes who so arrogant that wearing a 'white belt' with mentality of 'black belt' 1st dan wanting to punch above its own weight against its Bigger opponents). With all the help given by China to these neighbours, it's quite unlikely that any sane neighbours of China would wan to oppose China & make themselves worse off economically.

Anonymous said...

I think the reason why Sinkieland and Mai Hum Lee is so pro America to the extent of even anti China is simply due to the fact that Mai Hum Lee thinks America can better protect Sinkieland than China. Which I think is also quite true lah consdiering that China, unlike America or even the West, had never intervene militarily to help allied countries. So it is not for no good reason that Sinkieland is such a staunch ally of America and even wanting to own (maybe due to pressure from America to buy them?) the expensive F35 soon.

In fact Sinkieland also benefited in some ways from China, especially those private properties bought by some of the corrupt mainlanders who came (or took refuge like some) here. But this only benefits a small elite eg property developers and the casinos, which benefit the Govt through taxes and GDP growth.

Ordinary Sinkies interest of course, if need be, will be sacrificed without hesitation by PAP in the quest for Sinkieland security (NS for males Sinkies) and GDP growth.(jobs for foreigners).

Anonymous said...

What nonsense and rubbish is this Song Seng Wun talking? Why is he echoing the West which has always put in the bad light Chinese investments worth hundreds of billions of dollars in Africa,Asia, Central America and South America. Can he care to say something about Western investments or rather Western brutal exploitations in Africa, Asia and the Americas in the last few hundred years. Can he tell us how the self serving political elites around our region entrench themselves in power through pseudo democracies. How about telling the world how you entrench yourself in your place where you are now? Song, let's be real. You are but a rotten banana, a hypocrite and a self appointed pro west mouth piece. The people despise bananas who have lost their identity, self-respect and dignity and who have sold their souls to the West.

Eagles Eyes

Anonymous said...

Ordinary Sinkies interest of course, if need be, will be sacrificed without hesitation by PAP in the quest for Sinkieland security (NS for males Sinkies) and GDP growth.(jobs for foreigners).
11:43 am

Why not, when despite that, 70% continue to vote for PAP. Hence Sinkies, like it or not, are asking to be screwed, and probably because they think the Sinkie opposition will screw them even worse (in other ways lah) if elected as govt.

Anonymous said...

Who is this Song Seng Wun? Someone told me he is a pseudo economist so he must write something to justify entrenching his position where he is now. But he really shows he has a peanut brain. Like the West he has nothing good to say about China. I would strongly advise him to read a book by John Perkins -- "Confessions of an Economic Hitman" to shore up his ignorance of Western brutal economic cum political exploitations of Third World countries. This man indeed has lost his self-respect, dignity and indentity and perhaps his soul. Shame on him.

Anti disgusting bananas who ape the West

Anonymous said...

Sin garment does not need China lah. Sin can depend on India for all its talents, depend on India to fight China, and India also has an equally big market for Sin to invest. And with CECA, soon all the Sin talents that cannot find jobs in Sin would be flocking to work in India and vice versa, all the Indian talents that cannot find jobs in India will be flocking to Sin to work as talents.

Anonymous said...

And with CECA, soon all the Sin talents that cannot find jobs in Sin would be flocking to work in India ...
12:08 pm

Hahahaha, if that can happen, it would have already happened lah.

If Sinkie opposition can win more seats than in GE 2011, it would have already happened in GE 2015 lah.

Anonymous said...

I think CECA is a real joke from sin city politicians. Giving jobs in hundreds of thousands is similar to monthly cash withdrawing from sin city.
Readers should notice sin dollars has dropped around 1.45 to 1 usd. This is due to cash withdrawing from sin city market. When Trump lower the taxes, more US firms will flow back to US. Sin city will have less jobs to offer citizens. More Indians pmet will flow into sin city under CECA to get employment pass and PR. Off hand, PR is probably 800000 to 900000, that is jobs, i safely say, at least 70% are from indians pmet, and 400000 from s pass and employment pass. Total jobs given is 1.1 millions to foreigners, and 750000 are from India ceca. If one person takes 2000 to India, one month is 15,000,000,000 cash flows to India under ceca for giving jobs to india in singapore.

I cannot understand people are willing to drive taxi while they give up their IT jobs, manager jobs, accountant jobs, engineers jobs to indians under ceca. A survey said 70% of people looking for jobs above 50 age, gave up seeking employment. It means they drive taxi.

Can readers see Pap do? Give money to foreigners to bring back home by billions dollars, while forcing capable citizens to drive taxi earn far less, so that the local shops will eventually close.

If you are landlords owning properties, take my advise, you will go broke if continue to vote for Pap to give jobs to foreigners. The cash outflows is double now. US interest rate increase to 0.5 to 0.7%, and will have 3 to 6 more increase til 2019.
Can you tahan the quick reducing of cash flows in sin city? People have no jobs will spend less, shop owners will not rent from landlords, and will bargain lower rental, while landlords pay higher instalments.

It is high time to shift towards voting for WP to curb immigrants to grab jobs from citizens. Sin city is heading for sharp decline similar to the non oil export. Drop like droping from a cliff. Watch your spending now and jobs. If no jobs, be determine to vote for opposition, get rid of the misiam mai hum kind of foreign policy to cut tourists, cut investments, increase population to make cash outflows to India, and water is running short from malaysia if population keep going up. Its time to get rid of this kind of stupid ideas to kill citizens income, and children s future.

Anonymous said...

Now its time for Little USA to punch above its weight.

US Bowditch claimed its drone about 500m under water at Philippines sea, outside the 9 dashline was stolen or taken away by China ship or navy ship. Bowditch tried to get back bot china ship ignored and sailed away.

China commentators said US could be tracking china s submarines paths or its nuclear under water subs base. Last year US has done this kind of data collection 1200 times.

China has completed an air and carrier Liaoling drill using live ammunitions few days ago.

Its time for Little USA to call upon china to obey international laws for US to do data collection and research at south china sea before china is getting out of control and warn china, both big and little usa will stand together with weapons of world class to stop china from violating international laws. China must be very careful now or it will be severely punished.

Anonymous said...

LHL prefer Indian investment and Rise of India more than China.

So, India can protect Singapore?

India hegemony in SCS and Indian Ocean guarantee " Freedom of navigation" ,LOL

India immediately become offended when Sri lanka or Bangladesh or Myanmar allow Chinese submarine to pay friendly port visit.

And India refuse to help Singapore when LKY ask them to train their military after independence.

Anonymous said...

Indonesia posed the biggest threat to Singapore.

Singapore had conflict with Indonesia over airspace, sea space ,sand, haze etc...
it would affect viability of Singapore as a financial center, medical tourism and ambition to become a global hub.- world port.

Politic in Indonesia is highly unstable and prone to violence.
Indonesia get pissed off when Singapore immigrant custom detained Indonesia former general for more questioning.

Indonesia media always promote extreme nationalism . That had make them to believe many stupid conspiracy.

'China biological weapon, Chill against Indonesia"
"Malaysia want to steal indonesia culture heritage and annex Kalimantan by repeated border incursion.- removing border marker.

Anonymous said...

Anon 3:21pm

India will protect Singapore. India is building an world class number one aircraft carrier. It is ready by 10 years time. Will be world number one topless in missiles, power, you name it. Can sail Singapore on it, protecting Singapore, do not doubt it.

patriot said...


China has provided the Poor People with all sorts of modern gadgets and amenities
at the Most Reasonable Cost.
Without PRC, many poor people
in the World will not afford
to have much of the Modern
equipments.
Due to PRC, the Other Producers of such goods are
unable to hold consumers to ransom.

A big thank You to China, may it carries on with the Good
Work.


patriot



patriot said...


Haha.....

ls Song Seng Wun a
Chinese?
Can he speak, read
and write Chinese???


patriot



Anonymous said...

If PAP is pro-America;
Which Opposition Party dare to be pro-China?

Anonymous said...

Singapore = PAP
PAP = Singapore

Song Seng Wun can easily be a millionaire without speaking, reading and writing in Chinese.

patriot said...


China has provided the Poor People with all sorts of modern gadgets and amenities
at the Most Reasonable Cost.
Without PRC, many poor people
in the World will not afford
to have much of the Modern
equipments.
Due to PRC, the Other Producers of such goods are
unable to hold consumers to ransom.

A big thank You to China, may it carries on with the Good
Work.


patriot



patriot said...


Haha.....

This Above Comment indeed
must
be a reflection of the
Thinking of the Ex Foreign
Minister Georgie boy
Sacked
by Aljunied voters in 2011
and the lncumbent Leeders.

Knn, Sinkies are pawned and
the Place they are born in
is sold.

The 70% deserves their fate
for their blind faith in the
Leeders.

No wonder the Late Horrible
Man called them daft.


patriot


Anonymous said...

F n B I saw, opened for less than 6 months, light out, leaving the table and chairs, chaw lor. Those new condos shop houses along the streets landlords are suffering, guessed mostly are the 70%, listening to the gone old man to invest in properties, voting for Pap, sure go up never come down in price.
Never know, the son actually takes away these shop customers jobs giving to foreigners who do not eat at shops, they cook curry at home, nail on the wall with strings to hang ownself washed clothings type, laundry business, self wash also cannot earn their money, but these foreigners are pmet. The concept of giving highly paid professional jobs to foreigners will result FnB shops with aircons having fewer customers ordering small size plates. But these shop owners rentals are well above 5k a month. This is Pap s economy model. Pap believe citizens without jobs or doing part time jobs will spend lavishly on foods and drinks in aircon premises. Pap never go to hawker centers at night to watch who are the eaters. Even saturday, families with cars are crowding hawker centers as outings. U ask what are the reasons?
Unless the 70% can think of changing to vote for opposition to curb foreigners taking good jobs, the economy will continue to decline. The landlords will face empty units. The shops will face weak customers cannot spend on big orders. Close shops eventually, and the economy further goes down to the drains. This is Pap s economy concept, drive the economy down pretending it is going up, saying something like, not to worry, Pap has lots of investors waiting in lines to contribute to this city. Real or not, GE2020 will be testing time for them without funeral to boost votes.

Anonymous said...

Between the American Eagle (Trump) on the right.
And the Chinese Dragon (Xi Jinping) on the left.

What is the pondan in the middle going to do?
Punch above his weight?

Anonymous said...

There is already a problem at South China Sea. Singapore FM should express its stance.
US pentagon s under drone was seized by PLA navy. China expert said US could be monitoring the development of Scarborough Shoal, Philippines had a claim, US Ash Carter and Harris forbid china to develop this island. Singapore supports the Philippine tribunal judgment. It says china s 9 dash line ownership was illegal. It means that island and the sea water not belonged to China. China cannot seize the drone.
Singapore should express its stance to demand China PLA to return the drone to US immediately and apologize to US.

Anonymous said...

Pondan's arse hole is infested with black ants.

patriot said...


In Phuket which I last visited more than 25 years ago.
The Phuket Thais have hardly change in lifestyles, they remain as simple and humble.
Despite Phuket being a tourist attraction all these
many decades, they are still proud to maintain their culture.
Europeans have being visiting Phuket for many decades and now the PRCs and Russian are visiting in drove. However, the Phuket Folks are not interested in the English/American, Chinese or Russian Languages. They are proud to remain who they are.
Every town and shopping centre are mourning of their
Late King Bhumidol.

Say me am ethnic proud or radically race proud, l will
always be proud and happy for
those who appreciate their mother culture. Those that are not genetically diluted, altered or converted are fidel to their nature and respectable.
Eagle wanting to be sparrow
and vice versa are perverts of nature.

Be what nature has make You
and be happy and proud.


patriot



patriot said...


My apology.

....are mourning their Late King to correct 'of their Late
King.


patriot



The Dragon Fly said...

About the Dragon

When the Dragon sleeps,
Every bird of prey roams the sky with pride.
When the Dragon awakes,
All birds of prey gang-up and start to stride.

When the Dragon grows,
Only the Eagle and Vultures dare to strike
When the Dragon rises,
The Vultures hide under the Eagle and spike.

When the Dragon soars,
The Vultures under the Eagle make hue and cry.
When the Dragon roars,
Only the Eagle is left to fight and pry.

When the Dragon is angry,
Soon the Eagle will know and meet its fury.
When the Dragon is hungry,
Even the Eagle will become its dinner in a hurry!

patriot said...


The Chinese Educated/重洋
Sinkies

are

the Worst Bananas

and Kantangs

in Sin.


patriot