Miscellaneous News

MortyandRick

Senior Member
Registered Member
I doubt such a deal is happening especially this early. TikTok is more important to the US. China can get way more than just than anything to do with TikTok because Trump needs China's cooperation on a bigger macro deal.
I have the same thought.
The short lived tik Tok ban showed how weak the US govt is at confronting tik tok and the Chinese govt was very open to letting people do on XHS. It was a win win for china either way.

Why would they suddenly be ok with selling Tik Tok to the Americans, and not just he US portion but global operations? This is a large steal. I would be very surprised if the usually competent Chinese govt drops the ball on this.
 

FriedButter

Colonel
Registered Member
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Japanese investors dump Eurozone bonds at fastest pace in a decade​

Japanese investors have been selling Eurozone government debt at the fastest pace in more than a decade, with analysts warning that the move by one of the bloc’s cornerstone bondholders could lead to sharp market sell-offs.

Net sales by Japanese investors rose to €41bn in the six months to November — the latest figures to be released — according to data from Japan’s ministry of finance and the Bank of Japan, compiled by Goldman Sachs.

The prospect of higher bond yields at home and political upheaval in Europe — including the collapse of the ruling coalition in Germany leading to elections next month, and turmoil in France which has been operating under an emergency budget law — have accelerated the sales, analysts say. French bonds were the most sold during the period at €26bn.

The sales add further pressure to indebted European governments already facing a jump in borrowing costs, and highlight how rising Japanese interest rates after years in negative territory are reshaping financial markets around the world.

Japanese investors returning home is a “game changer for Japan and global markets,” said Alain Bokobza, head of global asset allocation at Société Générale.

Although Japanese investors have been net sellers of Eurozone bonds for most of the past few years, the pace has picked up in recent months.

Japanese investment flows have been “a stable source of [European] government bond demand for a long time,” said Tomasz Wieladek, an economist at asset manager T Rowe Price. But markets are now “entering an era of bond vigilance” where “rapid and violent sell-offs” could happen more often.

Gareth Hill, a bond fund manager at Royal London Asset Management, said the scenario had “long been a concern for holders of European government bonds, given the historically high holdings [among] Japanese investors” and could put pressure on the market.

In addition, soaring costs of hedging against swings in the value of the yen have made overseas debt increasingly unappealing. Despite coming down from a 2022 peak, when hedging costs are accounted for, the 10-year Italian government bond yield for Japanese investors is just over 1 per cent, which is roughly the same as the Japanese 10-year yield, according to Noriatsu Tanji, chief bond strategist of Mizuho Securities in Tokyo. He pointed to regional banks in Japan as being among the main sellers of European debt.

“Japanese investors must be asking themselves quite hard to what extent they should be holding foreign bonds,” said Andres Sanchez Balcazar, head of global bonds at Pictet, Europe’s largest asset manager.

Norinchukin — one of Japan’s largest institutional investors — last year said it planned to offload more than ¥10tn of foreign bonds this financial year. In November, it recorded a loss of around $3bn in the second quarter after realising losses on its large holdings of foreign government bonds.

The pullback by Japanese investors is putting upward pressure on bond yields that have already moved higher since the European Central Bank started to reduce its balance sheet after a vast emergency bond-buying programme during the coronavirus pandemic, said analysts.

France — which has one of Europe’s deepest bond markets and has historically been a favourite among Japanese investors due to the additional yield it offers over benchmark German debt — has seen large Japanese outflows in recent months.

Between June and November, as a political crisis deepened that resulted in the fall of Michel Barnier’s government, Japanese funds’ total outflows reached €26bn, compared with sales of just €4bn in the same period the previous year.
“There is no question that for France the buyer base has changed,” said Seamus Mac Gorain, head of global rates at JPMorgan Asset management.

Over the past 20 years, Japanese investors have become a cornerstone investor in several bond markets as ultra-low yields at home have made foreign investments more attractive, including for big investors such as pension funds who need to buy safe sovereign debt.

Total holdings of foreign bonds by Japanese institutional investors reached $3 trillion at their peak in late 2020, according to IMF.

However, as Japanese investors have started to search for returns at home, their net buying of global debt securities have shrunk to just $15bn in total over the past five years — a far cry from the roughly $500bn in such purchases they made in the previous five years, according to calculations by Alex Etra, a macro strategist at Exante.

“Whereas Japanese bonds were quite unattractive for domestic investors in the past, they are more attractive now,” said JPMorgan’s Gorain. “That is a structural change.”
Japanese investment flows have been “a stable source of [European] government bond demand for a long time,”
“Whereas Japanese bonds were quite unattractive for domestic investors in the past, they are more attractive now,” said JPMorgan’s Gorain. “That is a structural change.”
their net buying of global debt securities have shrunk to just $15bn in total over the past five years — a far cry from the roughly $500bn in such purchases they made in the previous five years

What a time to see that the Japanese believes EU bonds is less valuable than Japanese bonds.
 

Temstar

Brigadier
Registered Member
That was me, I was the one who called it weapons grade...

Here is the thing, by Deepseek publishing the methods and the weights, the cat is out of the bag, genie out of the bottle.... Even if US tries to TikTok Deepseek its too late

All the talk about limiting Open Source LLM by capping training compute is like horse already left the barn when now Huggingface is publically replicating R1

Even if US tries to regulate AI and ban self hosting or local inference, they cant force other nations to all do the same

Sure they can resort to GPU hostage holding with the AI Diffusion nonsense and putting countries on the blacklist tier but at the rate China EUV/GPU is catching up this will backfire long term for sure...

And so..... Their only one shot is a straight shot to ASI with a less than 2 year timeline but if R1 causes the bubble to pop prematurely then its game over.... Nvidia style

This might end up being the beginning of what ends up being the rug pull of the century

So not just a nuclear attack (heck even Japan survived two of those) but an existential civilization ending event. (if this ends up costing US the race to ASI)

Live by the sword, die by sword. US pinned all its hope on AI, went all in, and if DeepSeek manages to pop the bubble at the very top, well the resultant chain reaction is going to make the first Manhattan project look mild in comparison.

This is what total anniliation looks like
Had DeepSeek just come up with a better and much cheaper to run model and offered the API for people to use at 1/30 of OpenAI's price then it's just a matter of commercial competition, may be best man win.

But to release it as open source complete with all the papers on exactly how it was done is something else, it's basically this scene:
Basically they're saying "it's not about making money or controlling the narrative by controlling the most commonly used AI dataset, it's about making sure there's no place in the world for people like you".

1737879344086.png
 
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hullopilllw

Junior Member
Registered Member
No Chinese leader can survive politically if a Chinese company the scale and capability of Bytedance is allowed to be robbed by Anglos fuckers. A nation of 1.5b have their pride and nuance understanding of the world, they know their own strength and wont be pushed about by an unhinged hegemon losing their cool when they’re circling the drain.
 

Chevalier

Captain
Registered Member
“Reasonable” to give him exit liquidity is what he means.


American zionists are the most pussy hegemon ever to exist; crying when an opponent beats you and thinking the referee is going to stack it so you win. The failsons who have assumed leadership in the west prove that they are in need of a change in ruler ship as mandated by heaven.
 
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vincent

Grumpy Old Man
Staff member
Moderator - World Affairs
Had DeepSeek just come up with a better and much cheaper to run model and offered the API for people to use at 1/30 of OpenAI's price then it's just a matter of commercial competition, may be best man win.

But to release it as open source complete with all the papers on exactly how it was done is something else, it's basically this scene:
Basically they're saying "it's not about making money or controlling the narrative by controlling the most commonly used AI dataset, it's about making sure there's no place in the world for people like you".

View attachment 144412
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Fourth, we need to improve global digital governance and build a world economy characterized by innovation. We should strengthen the function of the G20 Digital Economy Ministers' Meeting, and let it play a leading role in digital transition, the deep integration of the digital economy and the real economy, and rules-making in emerging areas. We should step up international governance and cooperation on artificial intelligence (AI), to make sure that AI is for good and for all, not a game of the rich countries and the wealthy.
 

plawolf

Lieutenant General
Is this guy stupid? Is he not aware millions of Americans will willingly give their SSN to the Chinese government as a big F U

Nah, he is just more colour blink than most racists and can’t tell the difference between Indian and Chinese since they are not white. He thinks that just because the Indian economy is heavily dependent on internet scam revenue that China’s must be too, and that it’s all a massively elaborate con to get their precious social security numbers to do more scams.
 

Biscuits

Colonel
Registered Member
Such an embarassing loss for Beijing if this is true. What was all the talk about China not allowing robbery of its companies. Huh. So disappointed at Beijing if this is true.
The only embarrassing thing here is you, for consistently believing the same fake news source, see it's disproved a week or so later, then go and believe in the same fake news a few days later again.

Or is that your agenda?
No Chinese leader can survive politically if a Chinese company the scale and capability of Bytedance is allowed to be robbed by Anglos fuckers. A nation of 1.5b have their pride and nuance understanding of the world, they know their own strength and wont be pushed about by an unhinged hegemon losing their cool when they’re circling the drain.
This is just the new US party line cope which is barely worth wasting time discussing. It's their most basic modus operadi: something embarassing happens for them -> deflect to something else and promise a "victory" any moment. China not only proved Tiktok has extraterritorial rights, it further still decided to hit US with billions in losses in the AI industry despite US obeying with Tiktok.

Such a major humiliation demands the overdrive of state department channels...
 
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