Chinese Economics Thread

[Hendrik_2000]

Probably because no one cares about that in the West and it's normal for people in the 'bad west' that trains aren't derailing from time to time...

Of course accident doesn't happen in advance West . It only happen in China . Those commie doesn't know what they are doing . They should just buy it from TGV like this one

But that's probably because of 'nightmare of Japanese occupation' that you mentioned. Yes... Jews, Japanese and Americans are doing whatever they can to make 'western press' not mentioning anything about Chinese trains which aren't anything special...

Yeah you are right It is nothing to sing about. And it is so pedestrian every body can do it

 

[AssassinsMace]

Please, Log in or Register to view URLs content!

How Bernie Sanders and Donald Trump Are Connected To the Market Drop

Trump and Sanders’ rise in the polls are unexpected. That’s created uncertainty. And uncertainty is bad for markets.

Both Bernie Sanders and Donald Trump have come in for a drubbing at Davos.

Participants at the World Economic Forum have taken pot shots at both candidates. In a panel discussion earlier in the week, Larry Fink, the CEO of BlackRock, said, “For those politicians who are constantly focused on a re-election and nothing more, we need a revolution. Unfortunately, the revolution may be Donald Trump.”

Dominic Barton, the global managing director of McKinsey, told Reuters that Trump will hurt the global image of the United States. And actor Kevin Spacey got laughs at a Davos cocktail party when he said that the difference between the character he plays on “House of Cards” and Trump is “one of these characters is a fictional character, and one of these is a fictional character.”

But it’s not just Trump coming in for criticism. Anthony Scaramucci, the head of hedge fund firm SkyBridge Capital, said, “Bernie Sanders is a black swan for the market.” A black swan is an unlikely event that’s associated with market plunges.

Scaramucci says he made the comment at a closed door meeting of investment managers who were attending the World Economic Forum and that his argument received broad agreement from the group. Scaramucci says the market started dropping right around the time that Sanders’ poll numbers improved and he believes two events are related.

But the same can be said for Trump. He started doing better in the polls in the summer, right before the market took a down turn. Of course, there are lots of other, better reasons that the market has been falling, namely oil and a slowdown in China. But the fact that both Trump and Sanders are doing well are unexpected events, and that’s adding to the uncertainty in the air these days. And uncertainty is bad for markets.

It’s just another reason 2016 could be a rough year for stocks.

Trump and Sanders are just running on themes that their establishment respective parties have been claiming for decades of what they stand for. The difference is the two might actually push for it from where the establishment just says it to get votes but when elected they do what they have to in order maintain the status quo.

The devil on my shoulder wants Trump to win because the truth will be revealed and it's not anything what Trump believes. When confronted about Trump's hypocrisy that he outsourced his signature line to China, he says it's because China manipulates their currency. Translation... Trump even though he says he's willing to pay more won't because China offers cheaper alternatives. He can't help he's a cheapskate and making money is more important than making America great again. Maybe China forced him to outsource? There goes that myth of how Mr. Silver Spoon New York tough guy would be a merciless negotiator.

The fact is Trump's fortress America is like TPP. TPP doesn't demand members only trade with other members. So how does that affect China when most of the membership has China as their number one customer and the trade imbalance is in their favor? US corporations that outsource have always shown they value cheap as can be over quality. TPP requires members to abide by labor and environmental standards. That means the products they make cost more. So again how does TPP hold China at a disadvantage? Trump's Fortress America is going to make US products cost even more expensive without the huge profits they make from exploiting cheap labor and it's not like rest of the world is banned from trading with one another. Trump's platform is built on the lie of the establishment that the US doesn't need anyone while everyone else needs the US. Where does Trump's Fortress America say that other countries can't outsource keeping their products far less expensive than anything Americans will produce with all those jobs coming back?

The rest of the world has to sell their products for their economies to run. They certainly aren't going to live life content living off what they have on their own and not dependent on exports. Guess what country they're going to be going to when Trump's Fortress America closes shop?

 

[vincent]

Probably because no one cares about that in the West and it's normal for people in the 'bad west' that trains aren't derailing from time to time...

For people with short memories, western press made a huge deal out of an accident a few year ago on the Hangzhou line. No big accident involved highspeed train in China since. However, there were plenty of Amtrak accidents in the past few years. I wouldn't be so smug if i were you

 

[Equation]

For people with short memories, western press made a huge deal out of an accident a few year ago on the Hangzhou line. No big accident involved highspeed train in China since. However, there were plenty of Amtrak accidents in the past few years. I wouldn't be so smug if i were you

And it was NOT even a high speed train either, just a slow moving low tech kind.

 

[Janiz]

For people with short memories, western press made a huge deal out of an accident a few year ago on the Hangzhou line.

No big deal. Only 40 people dead.

You guys have so strong 'victim' personality living in US and writing about China (which most of you know only from Internet) that it's something pathetic for me only reading about that. China is the best and 'Western press' is shit writing bad things about China while lurking for all the worst news from PRC and reporting it here. Relax, Wumao Army is a real thing and they're bombarding western press through comments (mainly under the articles about Japanese and US failures). So sleep well. And please don't write that 'Western press is bad' for reporting a train collision which took 40 lives... They made the same kind of 'victim' Germany recently or Spain few years ago...

 

[Blitzo]

No big deal. Only 40 people dead.

You guys have so strong 'victim' personality living in US and writing about China (which most of you know only from Internet) that it's something pathetic for me only reading about that. China is the best and 'Western press' is shit writing bad things about China while lurking for all the worst news from PRC and reporting it here. Relax, Wumao Army is a real thing and they're bombarding western press through comments (mainly under the articles about Japanese and US failures). So sleep well. And please don't write that 'Western press is bad' for reporting a train collision which took 40 lives... They made the same kind of 'victim' Germany recently or Spain few years ago...

We/they are aware and sensitive to media portrayals and perceived biases in that portrayal due to the differences in their own perception and experiences of China (more often than not due to their own real life experiences and understanding of China through heritage and interaction) compared to what is commonly portrayed in media. Then there is the big matter of how incidents in countries outside of China are reported vs how incidents inside China are reported, and the differing degree of attribution of responsibility, positivity, and negativity between those cases, which creates a sense of injustice.
It's about desiring the same fair go as other countries receive from the supposedly free and unbiased media.

But please do feel free to reduce the legitimacy of people who hold that opinion through belittlement, if you really do feel like media bias in this case either does not exist or if it does not bother you.

 

[vincent]

No big deal. Only 40 people dead.

You guys have so strong 'victim' personality living in US and writing about China (which most of you know only from Internet) that it's something pathetic for me only reading about that. China is the best and 'Western press' is shit writing bad things about China while lurking for all the worst news from PRC and reporting it here. Relax, Wumao Army is a real thing and they're bombarding western press through comments (mainly under the articles about Japanese and US failures). So sleep well. And please don't write that 'Western press is bad' for reporting a train collision which took 40 lives... They made the same kind of 'victim' Germany recently or Spain few years ago...

For your information, I lived and worked in China for a few years not too long ago. People there work their ass off but they also party hard. They are pretty well inform of the issues in China, i.e, corruptions, pollution, etc (although they were as concern with air pollution as they should have) because there are plenty of channels to get info outside of the official channels. The people in China know they can't trust everything in the media, unfortunately same can't be said of people in the western countries

 

[vincent]

One example on average people's knowledge of government officials' stupidity. When i was in shanghai, there was a posting passed around the social media about the shanghai mayor. The mayor heard about the overcrowding in the subways, so he decided to go down to take a look. The stupidest thing is that he went on a Saturday at 10am and his bodyguard cleared the platform ahead of time. The story was pretty wide spread. People in china is not as ill informed as Western media portrait them to be

 

[AssassinsMace]

How does the West know about all these accidents in China to report? They get it from the Chinese news. So where's this attempt to deny it as charged? Because some foreign news service spins it that way? Trying to lie that foreign news services did all the work and found out for themselves? WMDs in Iraq? Some including in government still denying it. How many people died for that lie? Far more than forty. Like there's not a pile of taboo subjects the critics don't want being talked about themselves? A lot of hypocrisy when it comes to the subject of terrorism and who to blame. How about who's to blame for outsourcing? For poisonous and bad quality products? Not the CEOs that solely on their own quest to make as much money as possible who makes those decisions or the politicians with the power to stop them. It's always someone else's fault. How about hoverboards? All hoverboards have now been declared dangerous even the ones made in the US where these companies accused Chinese ones as being not made with quality and safety in mind. One of them, Swagway, who was the loudest liar was found to have falsely put "UL" labels of approval for safety on their hoverboards. Look at how Amazon by Swagway's word alone that their hoverboards were safe got the online retailer to sell them again after being banned. Someone who believes in quality would scrutinized more than that. How about GM knowing full well there was a fatal flaw resulting in deaths in their cars and not doing anything about it for over a decade.

It's rich that hypocrites in denial are pointing fingers at someone else using the victim card. Who are the one's that can't take it when the fingers are pointing back? Who are the ones burying their heads in the sand?

 

[B.I.B.]

Yeah you are right It is nothing to sing about. And it is so pedestrian every body can do it

Crazy Indians, hasnt anyone told them they are supposed to sit inside the carriges not on top or hanging off the sides,.
now they have gotten the Saudis to do it, but with more flare