remember when @gadgetcool5 was saying these regulations would destroy Baba, Tencent, etc?
What a surprise to find out the opposite is happening
What a surprise to find out the opposite is happening
Chinese Economics Thread
- Thread starter Norfolk
- Start date
Interesting opinion article
Thus they say that even if US inflation rises it will be cancelled out from deflation by China.
Interesting..
So basically the US, UK, EU will get a free ride due to China's tightening monetary policy which would lead to deflation in China
Thus they say that even if US inflation rises it will be cancelled out from deflation by China.
Interesting..
Ok let's look at the investor valuations:
Tencent: Down 12% since February peak
Alibaba: Down 32% since pre-crackdown peak
Meituan: Down 39% since pre-crackdown peak
Apple: Down 10% since February peak
Amazon: Down 7% since March peak
Google: Record high, up 20% since February
Facebook: Record high, up 30% since February
Reality is, the US is supporting its tech companies while both the US and China are declaring war on China's tech companies. Hence why the US will "win" the tech war. If the Chinese companies are smart they will move their HQ to Southeast Asia.
AssassinsMace
Lieutenant General
It will always cost the US more whether it's a US company making them on their own or subsidizing the industry to compete with China and that will be a whole lot of money it'll cost the US government. More free money to the rich in the US. That's why they will never escape it hence why they need regime change in China to a more pro-US Chinese government so they can get cheaper refined rare earths so their companies can make the most profits.
@voyager1 bro will that be a win for China with a rising Yuan, the working class will have a bang for the buck as we speak boosting consumer consumption? I think the real loser will be the developing world and the consumers in the west.
Yes. Rising Yuan and deflation would supercharge the Chinese buying power.
Now for the debt and other things.........
Are people still saying that the stock market is the real economy??
Stock market is a casino and the US valuations are held up by the massive FED printing.
For all i care the US can enjoy their trophy for high-valuations, just a massive bubble
lol. those companies are smart. You on the other hand are dumb.
Tencent, Alibaba, Meituan can be killed with a stroke of a pen and be replaced by another in a week.
The US cannot do shit to Apple, Amazon, Google and Facebook because there is no alternative. That's why those companies can do those tax invasion shenanigans. Remember how big google were in China before the ban? If the CCP want you dead, you will be.
Stock prices means nothing. There are a lot of overvalued stock out there and the US market is headed for a major correction.
Tesla is down 30% since its January peak. So going by your logic has US declared war on Tesla?.
Huh? Google was never big in China. Google couldn’t compete against Baidu