Coronavirus 2019-2020 thread (no unsubstantiated rumours!)

Bellum_Romanum

Brigadier
Registered Member
You enjoy shoving your head in the dirt by "ignoring" users who point out your wrongs so you can keep living in a fantasy where you can narrate.

You: "Numbers don't lie."

Also you: Posts an article that says, "Australia’s total merchandise exports to China in 2020 were worth $145.05 billion, down by $3.3 billion or just 2.2 per cent from the record high of the previous year, according to the Australian Bureau of Statistics."

And then you claim someone else has egg on their face LOL You probably continue to make these statements because you have so much egg on your face you can't see through the omega-3 goodness.
@manqiangrexue we shouldn't be too harsh with respect to our disagreements with a poster/member that's shown to be well meaning with respect to @voyager1 as he's not known to be a troll. I can only speak for myself but I find your posts a worthwhile read because of the quality and intelligence behind the majority of your posts. I gained some valuable insights and understanding on some things that I hadn't considered. I thought we're all here to learn, exchange ideas, debate matters that's pertinent to China from one another because each of us here bring his/her unique perspectives and insights from the country that's the most talked about and maligned in some or most western countries. We ought to give each other some slack if some of us have a different take or opinion on things that most of us may happen to have unanimity of agreement. I know that @voyager1 can come accross chicken little at times and I must admit it can get frustrating but shouldn't we be able to agree to disagree in less than condescending manner? Or am I wrong for saying and asking this from each and everyone of us.
 

SteelBird

Colonel
Stories about the bodies floating in the Ganga river never ends. The crematoriums are running low on wood to cremate the dead. Thus cremation prices are sky high. So its more economical for the poor to float the bodies of their deceased kin into the Ganga river.
I don't know how India has called itself a superpower. Comparing to Cambodia, a much smaller country though Covid-19 cases and mortality is also much smaller. However, when the crisis come, the government of Cambodia prepare a specialized crematorium for Covid-19 victims. There is some sort of legal process before cremation but relatives are not allowed to get near to the body. Bodies of deceased are cremated at specialized scene and equipment (cremated by electricity, not wood). All expenses covered by government. So there's no problem of sky rocket prices for crematoriums.
 

siegecrossbow

General
Staff member
Super Moderator
I don't know how India has called itself a superpower. Comparing to Cambodia, a much smaller country though Covid-19 cases and mortality is also much smaller. However, when the crisis come, the government of Cambodia prepare a specialized crematorium for Covid-19 victims. There is some sort of legal process before cremation but relatives are not allowed to get near to the body. Bodies of deceased are cremated at specialized scene and equipment (cremated by electricity, not wood). All expenses covered by government. So there's no problem of sky rocket prices for crematoriums.

To be fair, Indians use wood for religious purposes. Apparently different castes use different varieties of wood.
 

SteelBird

Colonel
To be fair, Indians use wood for religious purposes. Apparently different castes use different varieties of wood.
Perhaps you don't know, Cambodia's culture was heavily influenced from India. Even our language still have some Sanskrit in it. Cambodian also cremate their deceased ones. Personally, I'm Chinese descendant, so I don't practice this tradition. In the old days, Cambodia also use wood to cremate in pagodas but nowadays some turns to electricity because it's more convenient, effective and more eco-friendly than woods.
 

Hendrik_2000

Lieutenant General
Yes. IMO the Australia situation was embarrassing for China. Did it really have to create so so much fuss about Australia when it could just quickly and quietly sanction them and get over it?

Instead what China did, was to talk big, say about how much Australia depends on China, how poor Australia will become etc.. Look now whats happening, Australia is swimming in Chinese cash due to the China being "addicted" to iron ore.

I mean, before talking **** about how strong you are, and how you are going to damage them, how about you do your homework to check that you got all your bases covered. Instead they were caught with their pants down with being "forced" to enrich Australia by buying overpriced iron ore. And the next big iron ore mines will be opened at minimum 5 years later in Africa.

And who knows, it is Africa, maybe the US will pull some shenanigans and destabilize the region and all this effort goes to 0

Embarrassing.

Even that joke Morrison is mocking China
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^^ Thats what happens when you dont plan properly before barking about dealing economic damage by sanctions. You get laughed out of the room from all sides
I think you reacted to western MSN crowing without even thinking. China is aware of her industry dependence on Australian iron ore and she work hard to diversify her supply Chain and building iron ore hub in Africa and Brazil But it will take time If I were Australia I won't crow because her time is up and in not so distance future she will experience reduce living Standard.

China cannot choose the timing of the boycott because Australia started the fight by becoming the sounding board for the west by insisting on investigation of covid 19 origin. Who they think they are? So China has to respond I don't blame them

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But that dependence may very well change by 2025, says Peter O'Connor, senior analyst of metals and mining at Australian investment firm Shaw and Partners.

"They are very serious" about diversifying supply and flattening the cost curve of iron ore, O'Connor told Nikkei Asia.


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The top focus for China's diversification push is Guinea, an impoverished but mineral rich country in West Africa, O'Connor said. A 110 km range of hills called Simandou is said to hold the world's largest reserve of untapped high-quality iron ore.

Commodity watchers have known of Guinea's potential for many years, but the lack of infrastructure has hamstrung such development efforts. A roughly 650 km railroad would need to be built from scratch, as well as a modern port from which the iron ore would be shipped.

Cost calculations have always discouraged potential entrants, such as Rio Tinto. But Beijing has more incentive to carry out the project than mere return on investment calculations, as China needs to avoid the fate of Japan in the early 20th century.

"Infrastructure is a function of time, money, the willingness to invest and, more importantly, the capability," O'Connor said.

China is building railroads around the globe through its Belt and Road Initiative and has no shortage of experience.


https%253A%252F%252Fs3-ap-northeast-1.amazonaws.com%252Fpsh-ex-ftnikkei-3937bb4%252Fimages%252F_aliases%252Farticleimage%252F2%252F7%252F4%252F8%252F33328472-3-eng-GB%252FCropped-1617130530Sany%2520to%2520Guinea.jpg
Engineering machines from China's Sany wait to be exported to Guinea at a seaport in Yantai in east China's Shandong province on March 19. (FeatureChina via AP Images)
But what about the funding?

China currently buys 1 billion to 1.1 billion tons of iron ore yearly from third parties, O'Connor said.

"For every $1 the Chinese can lower the long-term iron ore price ... that's $1 per ton times a billion, so a billion dollars of saving per year," he said. "It's not just about diversity, it's about lowering the price. It's not about the return on equity or return on capital of the actual investment, it's more about the benefit of the longer-term structure of the price."

The long-term trajectory envisions the price of iron ore dropping to around $60 per ton from around $160 currently, according to market views.

The project to develop Simandou has been split into four blocks, and China holds either a direct or indirect stake in every one of them. The area holds an estimated 2.4 billion tons of ore graded at over 65.5%.

"Extraction of Simandou's iron ore reserves would transform the global market and catapult Guinea into an iron ore export powerhouse alongside Australia and Brazil," Lauren Johnston, a research associate at the SOAS China Institute of the University of London, told Nikkei.

If China unlocks Simandou's reserves and drives a drop in international iron ore prices, "it could see selective commodity markets increasingly driven by intra-developing country dynamics," Johnston said.
 
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