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The IMF says China will generate 51% of world growth in 2021, most other growth generators will be Asian economies–South Korea, Indonesia, the Philippines, Vietnam, and Malaysia–while the US will contribute nothing. By 2021, GDP in advanced economies will be 3.6 percent below their 2019 levels while, in the developing economies, it will be 2.7 percent above 2019–a major redistribution of world economic growth and economic power. Chinese GDP growth likely recovered to 5.5%” in the third quarter, a Caixin “survey of 16 domestic and overseas institutions showed. China’s total social financing last month, a broad gauge of credit and liquidity in the economy, jumped by $518.5 billion more than the increase in September last year, according to the central bank.[MORE] “The Trump administration deters US investors from Ant's IPO,” suggests Reuters. Will it work? Probably not. Investors and companies are overwhelmingly ignoring U.S.-China political tension. American bankers showed strong demand for $6 billion of dollar debt sold by Beijing today, the Financial Times reports, and despite a few Chinese companies leaving Wall Street or hedging their bets in Hong Kong, “Goldman Sachs forecasts a record number of Chinese listings in New York this year,” the Economist reports. Twelve months before the 2019 riots, Shenzhen’s GDP surpassed Hong Kong's.[MORE]
Tourists spent $45.9 billion during the eight-day holiday and took 637 million trips nationwide, 80% of last year’s level, and movie theaters saw a major revival. The box office raked in CNY3.9 billion (USD581 million) over the eight-day public holiday that ended yesterday, the second highest amount ever for the golden week after last year's takings of CNY4.5 billion..More people chose efficient and faster transportation modes, with a 10% year-on-year increase in air travel. [MORE] UnionPay’s QuickPass app use rose 32% yoy during the vacation and daily merchandise
transactions rose 12.5% yoy, while in the provinces of Jiangsu, Shanxi
and Gansu this figure was in excess of 17%.
This is a powerful media produced by Godfree Roberts, providing news on China in an objective way, not the usual anti and hostile western perspective prevalent in many western media. Take a look at China minus the western biases and predictable slant embedded with lies, fake news and half truths in every sentence to smear and demonise China. This website would do a lot of good to the bananas and to people interested in reading some objective news as news are meant to be, educational and informative, and not political lies and myths. PS. The total loans given out by Chinese banks is more than the combined loans given out by IMF, World Banks and European banks. That is how much money China is lending out to the world in economic aid and infrastructure development. |
RB, good morning.
ReplyDeleteThanks for the info.
When the Chinese Dragon wakes up, after more than 500 years slumber, the World will shake.
When the Chinese Dragon moves and search for drinks and food to quench its thirst and satisfy its hunger, the World has to make way for its logistics chain.
When the Chinese Dragon is deprived of drinks and food, it is not going to be keeping quiet and do nothing. It is going to make sure that it does not die of thirst and hunger. The World had better be prepared to see its fire and fury.
When the Chinese Dragon gets furious for being deprived of food and drinks, it will ensure that it becomes the only one that calls the shots in the World. The World, whether big or small, strong or weak, willing or unwilling, had better not get into its Path of Fury.
So, tiny "ikan billis" like Singapore, please stop punching above your feather weight to antagonize China along the silly policy of replacing Chinese Majority in Singapore with an India Indians majority. The majority Chinese will have no choice but to look towards China for help in order to survive.
Please play your cards very carefully.
If Malaysia is already turning towards alignment with China, what do you think Singapore Chinese will do next, when it has become so obviously stupid that Singapore's leaders are openly singing the Pro-India song and acting accordingly to India's tune???
ReplyDeleteSinging pro-India song and dancing according to Indians' drum beats, under the excuse of a multi-racial society, is easily seen through by anyone with a little bit of common sense.
One can bluff some people all the time.
One can bluff all the people sometimes.
But one cannot bluff all the people all the time.
The tortoise tail is already protruding out so clearly.
No amount of explanations can explain away the treacherous Anti-Chinese/Malay and Pro-Indian CECA agreement, coupled with the ease with which Indian nationals have been converted to Singapore citizens (at the rate of more than 30,000 a year as disclosed by certain Ministers in Parliament) in order to hold top key positions in e.g. MAS, DBS, Temasek Holdings and other government or government-linked organisations, as well as in the private sector.
Hi,
ReplyDeleteI have just deleted the contents of the above article. Somehow when I clicked on the content articles it linked to my email and making it readable.
Please let me know if you notice this anomally.
Thanks.
redbean
Red Bean Thanks for the website. Please keep posting you're an excellent source for information and keeping us senior going. However, I believe the US especially Trump determined to starts a war between Taiwan and PRC and with Australia, India and Japan. That fucking Trump hate Chinese and wanna Chinese killing Chinese. My dad was a KMT offices during the civil war. If only you been thought a civil war, you will never understand why the KMT hated the commies and vice versa. But it's over we are Chinese and Chinese should unite, direct our anger not at each other but at the criminals. Kind Regards
ReplyDeleteJC
The evil US hegemonic empire is preparing for war with China. It has just complete a war game pitching US forces together with Japanese forces fighting against the PLA in the East China Sea. This is the prelude to other war games and military preparedness in the next few years.
ReplyDeleteThe formation of the Quad (USA, Australia, Japan and India) as a strategic military pact is aimed at fighting the anticipated and prepared war with China.
In the next three years, one can see that more and more joint military exercises and war games would be carried out in the East China Sea and South China Sea region.
Actually, the Quad has another appendix, the Singapore involvement in providing the Changi Naval Base and the Sembawang Naval Base as bases for the military operations/campaigns against China and providing the logistics supplies for those forces. In addition, the Singapore Armed Forces might be participating in one way or another on the Quad's side, against China.
This scenario may be seen as not realistic by some, but from the rhetoric being displayed by certain leaders in these countries, the probability of such an event occurring cannot be ruled out.
Any war carried out by USA, Japan and India against China will eventually lead to a nuclear war. It cannot and will not be a limited conventional war.
ReplyDeleteThe whole world will suffer. Billions of people are going to die instantly and more will die after suffering the nuclear fallouts, either from radiation, hunger or diseases.
The Mother Earth may be completely destroyed or become uninhabitable for a long long time, once a nuclear war starts.
It will be the most horrendous war that destroy the human race itself together with all living things on Planet Earth.
The Singular Oligarchy Of Singapore.
ReplyDeleteA small group of people controls and runs Singapore since independence in 1965.
Yes, it is not the PAP. It is the Oligarchy.
The Oligarchy has sufficient power to channel the city state to benefit itself and its cronies to the exclusion of others.
The Oligarchy has become the only game-changer in Singapore because of the self-devised winner-takes-all political system.
The Oligarchy only associates itself with others who are able to see eye to eye with its interests and idiosyncrasies.
The Oligarchy grooms its protégés, who share their values and goals, thereby preventing new perspectives and diversities, because it has absolute control of administration, policy-decision, parliamentary legislation, economic objectives and social activities.
The total dominance and total control of this Oligarchy shuts out many good ideas and any impetus for change to benefit the masses and commoners.
Nothing happens by accident or chance. Can the election results, of paramount importance, be left to chance? Think.
Hi JC,
ReplyDeleteNice to know of your KMT lineage. Very seldom to come across one in Singapore. Yes, like you said, the civil war between the KMT and CCP is history. China is a new China today and the past is the past. Those miserable days when China was so poor and both sides wanting to reunite China was a contest for the right to lead China as a united country to rid China of poverty and foreign invaders. That issue has been settled. All are Chinese and should unite to build a stronger and prosperous China.
The evil Americans and their lackeys are hell bent to start a war with China and to destroy the Chinese Civilisation, when Chinese would only be good enough to be coolies and cooks and laundrymen and be despised by people of the world. Let this not be repeated or else the overseas Chinese, including the bananas, would be the victims of ridicules and discrimination and become the punching bags of everyone once again. The massacres of overseas Chinese in Southeast Asia would have a rerun.
China must not fall. The Chinese people of the world would be the losers.
The impending war in the South China Sea or Sino Indian border with the Americans agitating from behind would not be a pushover. When China was at its weakest in the early 1950s, America at is most powerful, China was able to take on the Americans and the combined forces of another 25 countries in Korea, and defeated the American war machine with small arms and half starved foot soldiers.
Today, the PLA is matching the Americans in everything, from small arms to space technologies. China is also more advanced than the Americans in several new technologies. The Americans do not stand a chance as the odds are now more even.
The folksy tales of the Whites men r wealthy and rich & wud help developing countries in need r now gone to the winds. Many White men businesses in their own countries r now in trouble due to pandemic, many had turn tail and fled if not will doe of hungry, only place of growth r in Asia, it's the evils Whites of the Americuns is now the Sick whites men in this planet.
ReplyDeleteI can't talk too much for safety reasons. My dad was made stateless, before he passed away recorded a public oral archive. You can search for it if I give you his name. If my dad is alive today, he'll put the past behind. Ma Ying-jeou and Xi Jinping met in 2015 at the Shangri-La Hotel Singapore. The Taiwan president Tsai carries Americunt balls. She never remembers how many Vietnamese died plus massive boats’ people. The Chinese civil war will be even more boats’ people... So fucking stoopid, Trump duns give a shit he’s only interested in winning. Fuck the Chinese! if Americunt got a foot hold into China again, it will be more than a century of humiliation.
ReplyDeleteYou take care and good health to you all. :-)
Kind Regards JC
Hi RB,
ReplyDeleteForgot to add Godfree Roberts is very good, used to posts in UNZ but has his own weekly newsletter... and he wrote a piece about the Uyghurs and Xinging... GODFREE ROBERTS: What’s actually happening in Xinjiang
http://www.usatnews.com/info/t-20092495899.html
https://www.unz.com/article/uyghurs-political-islam-the-bri/
UNZ archives,,,
https://www.unz.com/author/godfree-roberts/
Kind Regards.. JC
BTW Richard Wan former editor of TR EMERITUS, we last met in Singapore wasin 2018
Oh, ok. You take care.
ReplyDeleteCoronavirus Found In Food Packaging
ReplyDeleteChina’s Centre for Disease
Control and Prevention said it found active Covid-19 virus on the outer component of refrigerated food packaging, adding that it showed the possibility of infection via such contaminated surfaces.
The virus was found on food packaging in the coastal city of Qingdao in Shandong province, the report said.
Qingdao has reported a dozen new virus cases this month, most linked to a hospital where
infected travelers from overseas are being treated.
China has said several times in recent months that imported refrigerated goods are risks for re-introducing the coronavirus into the country.
China has previously tested product packaging from various countries and found positive cases of the virus.
China has banned imported products including seafood from Indonesia and chicken wings from Brazil following positive tests on shipping containers and food packaging.
World Health Organization half-baked "x-purts" have suggested there’s no evidence the virus can be transported via food packaging (because they never look for the viruses in such packaging in the first place!)
Rb thanks for the article. Virgo please don't insult sinkies as we are better than what u have projected. Think like anon said u really needed to be sodomized jialat jialat to repent
ReplyDeleteThe Americans used containers to hold the corpses when the number of death went beyond what they could manage. This problem did not occur in China and there was no need for China to use containers to store their corpses.
ReplyDeleteThe allegation is false in the case of China. The death toll even at its worse were not so insurmountable to need to deploy containers for this purpose.
ReplyDeleteThe Eagle
is going the Way of the Dodo Bird.
The Dragon
is at the Peak and going further to benefit all humanity.
The Chinese Cultural Foundation of Humanities shall do much good for the Future of the World.
Cheers.