Miscellaneous News

KYli said:

Gordon Chang would be proud. Books and articles of China's collapse have become very popular when China was near surpassing Japan in GDP.

Please, Log in or Register to view URLs content!

Click to expand...

Here is a factoid for you. Because of low workforce participation in India and USA, China's workforce is bigger than India and USA combined by a significant margin. Which is quite surreal, really. India has just ~480 million people working. A lot of the available workforce is sitting empty. And like 200 million of them are working in agriculture. China has 735 million people working. You know, you would expect American journalists who are experts on everything to mention this but you know, a 0.5% annual decline in the Chinese workforce is more important.

For profit prisons if you wondered why so many Americans got incarcerated. Same thing with the ever more expensive housing, medical, and dental expenses. Most Americans are too brainwashed to understand how they have been ripped off by crony capitalism.

From Florida to Maryland, FBI to local cops, environmental agencies to homeland security, Army to Marine, every American government agencies love DJI so much that they defy the laws and insist there are no better alternatives.

coolgod said:

It's actually true, India resents China for ignoring her. Many of us on this forum finds this irrational, but perhaps its more rational than we'd like to admit. See this interesting zhihu answer

Please, Log in or Register to view URLs content!

Click to expand...

I'm not sure if India is underestimated by most Chinese. But some Indians seem overconfident.

measuredingabens said:

What's with the US air force attracting all the lunatics? Though I suppose there is something to be said about the popular rhetoric even ordinary people like to throw around these days, if the tweet below is any indication. Jingoistic chest thumping seems to be in vogue, now.

https://twitter.com/i/web/status/1685387820569886720

Click to expand...

While that warmongering general probably wants to work for a major arms manufacturer through the military-industry revolving door, whoever wrote that tweet is an imbecile. What wonder weapon has the US produced recently? F-35?

coolgod said:

Can you explain why Italy matters, especially pertaining to China? All I'm seeing is a rapidly aging western european country who is overflowing with migrants. Italy's political system is a mess, its GDP has stagnated for the past 20 years and it is not competitive on the world stage except in fashion.

What does Italy offer to China that is so important? What has Italy really done for China since Marco Polo and the Jesuits?

Click to expand...

What Italy actually matters to China is not the problem. The problem is Italy's arrogance toward China. They can't compete with China commercially anymore, but they still habor this racism over China as many Europeans still do. That's their root cause for leaving BRI.

KYli said:

Gordon Chang would be proud. Books and articles of China's collapse have become very popular when China was near surpassing Japan in GDP.

Please, Log in or Register to view URLs content!

Click to expand...

No way I will waste 15 minutes to read the article!

Is there a specific technology that China relies on Italy? Is it market access? Is it Italian investment in China?

BoraTas said:

It is a country with a GDP of 2 trillion USD. That is some substantial trade potential there. Any cooperation is good for both sides unless there is exploitation and Italy is rather more significant than an average country. The mentality that only US and China matter is wrong.

Click to expand...

Sir within EU is Germany the driver of growth? IF the German do enter a severe recession, will that affect Italy and the whole of EU?

MixedReality said:

Is there a specific technology that China relies on Italy? Is it market access? Is it Italian investment in China?

Click to expand...

I am not sure how many of these are irreplaceable by domestic sources but most Chinese imports from Italy are high-tech products as you can see here. You can filter out furniture, food, clothes, metals, etc and more than half of the categories stay. There are a lot of pump and valve imports, interestingly. There are also some gas turbine and pharma imports. Regardless of if they are replaceable or not, Italian high-tech was found competitive by some Chinese businesses for certain.

I do not get why China needs to import luxury clothes to be honest. I think it is a matter of time until China itself becomes a major producer of such goods just like what happened with Japan. I thought Hong Kong was already known to make luxury clothes to a degree.

gelgoog said:

I do not get why China needs to import luxury clothes to be honest. I think it is a matter of time until China itself becomes a major producer of such goods just like what happened with Japan. I thought Hong Kong was already known to make luxury clothes to a degree.

Click to expand...

Bro you don't know until you married an Asian wife. It's both a curse and a blessing.

KYli said:

Gordon Chang would be proud. Books and articles of China's collapse have become very popular when China was near surpassing Japan in GDP.

Please, Log in or Register to view URLs content!

Click to expand...

I'm a little confused here , did I miss anything in last decade or two? According to uncle gordi, all Chinese economic data were/are fake. Chinese century never existed. Now it's over all of a sudden!! China never went on that cliff to begin with. So how are they about to fall off that cliff?
I don't know how this calculation works. I'm getting a little bit old to understand these 7 dimensional Gordi mathonomics which goes way over my head now a days