You're the one who searched up all these Chinese posts about some pending serious investigation - sure seemed like you cared a lot.
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- Thread starter bd popeye
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You're the one who searched up all these Chinese posts about some pending serious investigation - sure seemed like you cared a lot.
Adani-Hindenburg saga continues: Swiss authorities freeze $310 million across six bank accounts linked to Gautam Adani, says report
Flights Canceled Amid Strike to Protest Adani Deal in Kenya
- Proposal to let Adani run Kenya’s main airport for 30 years
- Aviation workers want privately initiated proposal withdraw
Looks like Adani/Modi is under attack by the west again. The Indian stock market looks like a fat cattle ripe to be butchered. I'm sure wall street has figured out a way to make a hefty profit.
In other news #IndianDailyRape
3-Year-Old Girl Raped In Delhi, Found In Bushes; Accused Arrested: Cops
Police have arrested the 25-year-old accused and launched further investigation into the matter, they said, adding that a call regarding the incident was received at the Begumpur police station.
You mentioned it first though.
From China's official data for the first half year of 2024:
private enterprise over certain capacity manufacturing revenue increase 5.7%, 3.8% higher than same period last year.
Private enterprise reaches 5500W, 7.8% increase over same time last year.
personal/family business reaches 1.25WW(亿）, an increase of 5.1%.
Data is data, fake data is fake date, take what you believe.
That is totally untrue. In 2018-2019, there is a lot of startup ASIC companies. In 2020 there is a lot of startup health related companies. In 2023 there is a lot of startup AI companies.
some even more contention with the original source, IT Juzi (the VC data provider that's the source of the original number of companies founded per year) shows that fundraising amounts and number of transactions are slightly up YoY in H1 2024:
a conspiracy of mine is that due to the property downturn affecting relatively affluent Chinese, as well as the anti-corruption campaign and increased tax scrutiny by authorities that have taken shape in the past few years, these affluent Chinese are talking with Western financial press outlets (Economist, FT, Bloomberg, etc) to create a doom and gloom narrative about the Chinese economy to incentivize less government scrutiny/more stimulus direct towards them/leniency in the corruption investigations. Wealthy people living in the West basically do this all the time to manipulate public sentiment towards benefiting their investments.
That doesn't mean that China's economy is doing great right now, but a lot of the Chinese collapse narratives that have been constructed in the past few years have probably been magnified by these affluent Chinese people through these outlets. This FT article is just another example of that.
It is so easy to cross check that FT piece and determine whether it is worth reposting. But some members chose to believe it on the face value just because it fits their narrative. Yet others parroted the shit like typical trolls do. In the end, it is a waste of everyone’s time to argue over apiece of shit. But it will not be the last. Trolls will remain trolls no matter what. China doomers will also not learn the lesson because they have to be right and need the shit to prove that.
Okay, maybe I am incorrect, but I surely remember this.
When I heard it, it was clearly a joke.
Chairman Mao, was willing to fight the Americans down to the last Vietnamese.
That was the Vietnam War, and that clearly was a joke.
But today, fighting the Russians down to the last Ukrainian, that is not joke.
Not sure what happened.
broadsword
Brigadier
I expect members who are well-equipped in economics to have the acuity to pause for thought at any data that are extravagant. They can be from any source, including Xinhua reporters. So do a search with google.