Chinese Economics Thread

[Tyler]

I suspect there's something else behind the screen. Could it be that there are many holes along the process of kidnapping Meng until now, that makes them having no case and facing big chance having to release Meng? And the bargain offered to Meng for her release is to admit some "wrongdoings" is just a trap.

Could it be after signing that, suddenly Canada will have "proof" to extradite her to US?

The whole allegation (bank fraud, if any at all) happened, in Hong Kong, at a HSBC branch. So maybe HK has jurisdiction over this, or UK has jurisdiction since hsbc is a British bank.
But obama signed the nuclear deal with Iran, then Trump backed out of it. Now maybe Biden wants back in.

 

[Litebreeze]

Hi Litebreeze,

Whatever fault the US policy had, it's institution is functioning properly, it's one of its enduring strength and hope the American people protect it and appreciated it dearly.

It certainly looks good in this particular case. But please don't forget the unfortunate case of Alstom etc. Gotta pay attention to why Assange is also fighting to be extradited to US.

 

[horse]

Hi bro,

Will they made a martyr out of her? They underestimate the fierceness of Chinese woman , "she hurts you because she loves you "the quote I best describe my married life hahaha. Well Canada it's your move, the American had thrown you out of the bus.

Hi ansy1968,

I am not a lawyer, but this case probably does not make any sense to anybody, like common sense.

The United States government prosecutors had charged Meng Wanzhou with fraud. Fraud of what? It was fraud related to the Iran sanctions, laws that only exists in America. How can someone commit fraud in Hong Kong and be arrested in Canada, neither places having those anti-Iran laws. Yet the judge allowed the case to proceed even when Meng's lawyers made that argument.

Then the evidence, where the alleged fraud is based on, was a power point presentation, but only a couple of pages of that power point was submitted to the courts on the charges. The lawyers in Vancouver were arguing that the entire power point presentation should be presented in court and not two pages of it. The judge allowed the entire presentation to be presented in court, when the trail finally comes.

Next was the potential abuse of process at the airport where Meng Wanzhou was detained for 3 hours and interrogated before being arrested. That sounds like entrapment when the take away her electronic devices and get their passwords. This could be in violation of her civil rights under the Canadian constitution, but this has not happened before so if it gets to this point in the law, a new precedent will be set. Look, no one will believe that someone should invite the police into their house and tell the police keep searching until you find something to use against me, not in Liberal or illiberal societies would anyone consider this normal or legitimate.

Then the Canadian government under Trudeau is too gutless to do the prisoner exchange because he fears he may lose votes.

China bashes Canada about this issue.

Also, what is noteworthy is how much like minded nations have stood up for Canada and Australia in their current battles against the CCP.

If we did not see very much, we should know because we live here, then that is the future basically. The fight is on, and they tell us there will be a coalition in the future to confront China.

Where is that coalition now when the fight is on?

 

[B.I.B.]

Hi ansy1968,

Where is that coalition now when the fight is on?

There's too much going on at the moment.Let's see what happens once the have got on top of Covid maybe towards the end of 2021

 

[Gatekeeper]

So sanctions applied by US on Chinese individuals and companies operating in Xinjian. But it's funny these companies are fine?

https://twitter.com/i/web/status/1335927525302697986

 

[horse]

There's too much going on at the moment.Let's see what happens once the have got on top of Covid maybe towards the end of 2021

Not to put you on the spot, but what can we reasonably expect to happen with these ideas of a coalition to take on China?

Let's face it, the absolute indisputable fact, that after four years of Trump, and constant escalation, not much has changed.

America kept escalating because it could not get its way.

Canada with the arrest of Meng Wanzhou, that incident escalated.

Australia with Morrison, that escalation has not stopped.

We already have three countries escalating their disputes with China.

So, I do not see what is next except more of the same, perhaps from new players, but that is hard to see, how America can force someone to do something that they might not want to do.

 

[B.I.B.]

Not to put you on the spot, but what can we reasonably expect to happen with these ideas of a coalition to take on China?

Let's face it, the absolute indisputable fact, that after four years of Trump, and constant escalation, not much has changed.

America kept escalating because it could not get its way.

Canada with the arrest of Meng Wanzhou, that incident escalated.

Australia with Morrison, that escalation has not stopped.

We already have three countries escalating their disputes with China.

So, I do not see what is next except more of the same, perhaps from new players, but that is hard to see, how America can force someone to do something that they might not want to do.

I guess it is putting less dependency on China but it's going to be difficult if China is expected to be the biggest driver of the world economy next year. However if 30 countries can reduce their trade by 5% they would see that as a win but as not to embarrass themselves they will wait to see how the current trade difficulties play out for Australia.

If the worst was to come about can the Australians take a hit amounting to a loss of most of their exports to China but they would also mean hurting Chinese owned dairy companies? At the moment they are not even close to giving in with Morrisons support remains extremely high.
Despite the trade bans, 48% of aussies current exports are going to China

 

[bajingan]

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China will torture australia slowly
next that will be hit will be vitamins, honey, fruits because these can be easily sourced from other countries
Each week, new cut this week its lamb

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Lets see how long can australia endure the death by thousands cuts torture
But i expect them to be hardheaded and even double down which is sad australia will be needlessly poorer, jobs will be lost
It makes me remember lee kuan yew warning "be careful or you will be the poor white trash of Asia”

 

[localizer]

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China will torture australia slowly
next that will be hit will be vitamins, honey, fruits because these can be easily sourced from other countries
Each week, new cut this week its lamb

Please, Log in or Register to view URLs content!

Lets see how long can australia endure the death by thousands cuts torture
But i expect them to be hardheaded and even double down which is sad australia will be needlessly poorer, jobs will be lost
It makes me remember lee kuan yew warning "be careful or you will be the poor white trash of Asia”

Man China shouldnt do the meats n basic foods, just do the luxury goods and scam undergrad degrees.

No more tourism to australia from now on.

 

[horse]

I guess it is putting less dependency on China but it's going to be difficult if China is expected to be the biggest driver of the world economy next year. However if 30 countries can reduce their trade by 5% they would see that as a win but as not to embarrass themselves they will wait to see how the current trade difficulties play out for Australia.

If the worst was to come about can the Australians take a hit amounting to a loss of most of their exports to China but they would also mean hurting Chinese owned dairy companies? At the moment they are not even close to giving in with Morrisons support remains extremely high.
Despite the trade bans, 48% of aussies current exports are going to China

Appreciate your reply, because you are the first person anywhere that I have read, in the media or chat forums, to actually put forth an objective.

Everyone else says some vague idea something has to be done.

When they say something has to be done, such as it is urgent, but there is no follow through on what actually will be done, we can fully assume nothing will be done.

It is like a TV show or real life where people threaten to sue someone else, then never do it of course. Once you hear, I am going to sue you, then we already know it will never happen.

This western coalition is coming to sue China.

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If this was Australia, then Australia is coming to sue China (which they have indicated that they will take their case to the WTO courts). They will sue China, so that China will buy more of their stuff.

That is why this is not going to work IMHO this coalition. It will just be the same show as the Trump years, which lead to nothing changing.