You missed this beauty..
China’s economy grew by a weak 4.8% over a year earlier in the quarter ending in March. That was an improvement over the 4% rate in the final three months of 2021.
I knew this was gonna be written diarrhea about "soft power" (AKA begging) when I saw your profile name. There is force (ie. military action or economic sanction), threat of force (ie diplomatic talk dropping hints that a pleasant conversation can turn into military action or economic sanction if it doesn't go exactly the way you want it to), and begging for things. There is no soft power.If one believes in how technology makes the world smaller by distributing the access of information that was once controlled by a few to the masses, then soft power is about the bottom up distribution of global influences that now includes: "social medial journalism, influencers, grass root NGOs/non-profits, peer reviews, real time access to global information", etc..etc... These are all concepts/movements championed by the US, the West, and gaining in global popularity.
China is going in the opposite direction with centralized control. It's soft power attempts have been orthodox, rigid and party controlled.
In this context, "People - to - People connections actually mean Chinese Government - to People - Connections" because the state can control all affairs, both private and public. Unless this changes (unlikely),
Good. Persuasion, power, freedom, right, life, everything depends only on those hard results. Don't ever forget it and don't ever stray from them. That is how superpowers crumble.then soft power for China will always rely on "hard results such as economic growth, Belt and Road constructions, Scientific might," etc..
Yup, what I said in a slick slide show.
Fukushima hasn't stopped the Chinese programme with 10 reactors per year. And once they are built, the marginal operating costs looks like $0.02 per kwh
@ACuriousPLAFan could you PhotoShop this picture with a Biden red blazer and communist capShare market reacting to the CPI news as you would expect:
View attachment 93093
Will try@ACuriousPLAFan could you PhotoShop this picture with a Biden red blazer and communist cap
"We now understand better how little we understand about inflation. This was unpredicted... We fully appreciate the pain people are going through."
- Jerome Powell June 29th, 2022.
- May 2022 inflation rate: 8.60%