Miscellaneous News

KYli

Brigadier
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When those demands were not met, the WTA
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in China, which has become one of the financial pillars of the women’s tour with 10 events that accounted for approximately one-third of the WTA’s annual revenue in 2019. The most lucrative and prestigious of those events was the WTA Finals, the tour’s year-end championship in Shenzhen, China, which offered record prize money of $14 million in 2019, including $4.42 million to the winner, Ashleigh Barty.
 

Tyler

Captain
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When those demands were not met, the WTA
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in China, which has become one of the financial pillars of the women’s tour with 10 events that accounted for approximately one-third of the WTA’s annual revenue in 2019. The most lucrative and prestigious of those events was the WTA Finals, the tour’s year-end championship in Shenzhen, China, which offered record prize money of $14 million in 2019, including $4.42 million to the winner, Ashleigh Barty.

All WTA tournaments should be banned on Chinese TV, until they apologize.
 

Maula Jatt

Junior Member
Registered Member
USA gonna sanction India and China?

And that's the end of QUAD. QUAD = India, Pakistan, Russia, China??
not possible, Pak would leave and join west to counter India
Cant see a Nato like thing with Greece and Turkey and especially if India keeps acting like a bully - its not even about disputed territory anymore
its fighting off Indian hegemony in SA
 

horse

Colonel
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Ten major groups, including Toyota, Mercedes-Benz, BMW and Aston Martin, hit by the war in Ukraine.

BMW's German plants in Munich and Dingolfing, its MINI plant in Oxford, as well as its engine plant in Steyr, Austria, will sit idle. These are jobs that will be lost in Europe because of the war and operational restrictions due to sanctions.

Surely Chinese manufacturers will benefit from this.

The view from China should be the same.

This is an European war.

This problem is in Europe.

Rupturing of economic ties is part of the fallout.

Got to wait to see where the dust settlers, then rebuild after that.

Chinese manufacturers cannot be concerned about what happened in Europe.

The Chinese economy is growing 5%-6% per year, meaning the market for a Chinese manufacturer is growing at that rate. No point for them to dabble in the unknown, who knows what restrictions can happen in Europe.

Europe has to wait.
 

horse

Colonel
Registered Member
Autocracies will be most nervous: they own half of the world’s $20trn pile of reserves and sovereign wealth assets. While China can inflict huge economic costs on the West by blocking supply chains, it is now clear that in the event of a war over Taiwan, the West could freeze China’s $3.3trn reserve pile. Even some democracies like India, which has avoided condemning Russia’s invasion, may worry they are more vulnerable to Western pressure. Over the next decade technological changes could create new payments networks that bypass the Western banking system. China’s digital-currency trial has 261m users. Today it is hard to park trillions of dollars outside Western markets, but in time more countries may seek to diversify their reserves by investing more elsewhere.

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Propaganda.
 
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