Chinese New Year celebration in Marina Bay Sands, Singapore

 

Chinese New Year celebration in Marina Bay Sands, Singapore to welcome the Year of the Snake. 27 min clip.

Wishing everyone a Happy Chinese New Year.

Cost of living, per capita income for better understanding of wellbeing

 Not that easy for Trump now to sell his snake oil. USA citizens are finding out that they had been lied to for decades about China. Trying to reverse this mentality is going to be impossible.

Another thing we need to take note of is the narrative about GDP per capita to distinguish a rich country from a poor country. The USA has a per capita nominal GDP of about 7 times that of China, while based on purchasing power parity basis is about 3 times that of China. However, comparing GDP per capita to determine the standard of living of a country is hogwash. 

The cost of living in China pertaining to everything is much lower than in the USA and this alone cancels the perceived higher standard of living that the USA likes to tout about its citizens enjoying superior living standards compared to China. Everything in the USA is a couple of times more expensive, with healthcare and hospitalization real shockers. This explains why the Chinese are living so well or even better than the normal USA citizens. 

Now, we are beginning to see the true picture and ought to judge a country not just on per capita GDP to determine the standard of life in a particular country.

Anonymous

The biggest victims of the Empire of Lies are the Americans

 The USA is using National Security reasons to make itself sound more 'principled' in its move against Tik Tok in the eyes of the unwary, but the reality is it is trying realistically to steal Tik Tok, to control its coverage of news about genocide in Gaza that are not beneficial to the USA and Israel.

The USA is famous for inventing word salads to fool those not seeing the reality, like the use of 'de-risking' instead of 'de-coupling', calling terrorists as 'rebels' or 'freedom fighters' where it suits their agenda.

The fabrication, misinformation and disinformation are so unabashed and sometimes based largely on fantasy rather than facts. No factual genocide happened in Xinjiang, but they fabricated such an event against the Uyghur Muslims, while an actual genocide is happening clearly and openly in Gaza, and they breathed not a word about it officially and on their MSM.

Anonymous

Trump will conquer, oops, unite the world for peace

 I am being blown away by Trump's grand plans these few weeks. Canada can almost be confirmed as the 51st state of the USA, which Emperor Trump already mandated. If Sinkieland becomes the 52nd state, what about Mexico, Greenland and Panama. Not to forget about the whole EU plus Japan, Taiwan, South Korea and the land of Mickey Marcos.

Trump is going to bring all the doggies together to form one big doggone country that will surround Russia and China like an octopus. The number of USA states could run to, shall I say, more than a hundred at least.

Moreover, if Russia and China collapse due to being surrounded, the whole world becomes one and no more wars, no need to quarrel, no trade deficits and all surpluses, no threats, no sanctions, no tariffs and everyone will enjoy life like the USA citizens, and the USA can just continue with printing money as its main economic activity and citizens no longer need to work. Printing money can then really become the USA's productive over-capacity, and USA's GDP will be incomparable, because there will not be anyone one left to compare. Trump can then honestly shout - 'Print baby print'.

Sorry, I am getting delusional like Trump.

Anonymous

Tariffs - Trump is openly delusional

 If Trump thinks imposing tariffs on China is going to sway the decision of China in allowing Tik Tok to be sold to a USA entity, he is delusional. If I may say so, Trump is openly delusional.

Trump is still trying to fool his base that tariffs will hurt China. Either he is pretending not to know, or he is indeed ignorant about how tariffs actually work. It is an added tax on USA consumers, nothing more. China does not have to foot the tariffs added to USA import of Chinese products but may lose a segment of the USA market. That is all.

If China had no other choice but to rely on the USA market, then tariffs are going to hurt China badly. China already has a big domestic market, has already cultivated an even bigger market inside BRICS and the Global South. This is a market that dwarfs the USA and the EU combined. So, what is the problem with tariffs imposed by the USA? At most China will be deprived of a market of a few hundred million consumers, but there is a bigger market growing outside the USA.

China is not selling highly expensive military toys to USA. China is selling everyday consumer goods to the USA, which is the same commodity needed by BRICS countries and the Global South. What price China sells to the USA is what China sells to BRICS and the Global South countries.

Trump can gloat about increasing tariffs to 1,000%, but I think China is not too worried. It is the USA public that should do the worrying. Chinese manufacturing will still make EVs for US$10,000 and sell it outside the USA. The same with making all other things the same way, at the same cost, and selling at the same price. Are the tariffs imposed by the USA going to make BRICS and Global South countries worried? Think about it!

Anonymous