Miscellaneous News

Crang said:

It's interesting that all these dialects fall under the 闽南话 language subfamily in one region of China (Fujian and eastern Guangdong). Generally you won't find Singaporeans with ancestry from dongbei or Sichuan except for recent migrants.

I could be wrong in that they entirely imbibed European fashion styles despite the lack of body fit of made-for-European clothes. Also, as with Hong Kongers, they summarily throw their hands in the air and say, we can't compete with the European on a cultural level. Just my observation. (Also applies for non Chinese Singaporeans)

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Shantou and Xiamen is under Minnan, Hainan is sometimes classified under Minnan but cannot be understood at all by other Minnan. Putian and Fuzhou are under Min but not Minnan, they cannot understand each other. The rest are not Min however, Cantonese of various types are under Yue, and Meizhou is under Hakka.

But yeah typically speaking during the Opium Wars the pattern was: Gansu-Shaanxi people went to Xinjiang/Qinghai (走西口), Shandong-Hebei people went to Dongbei/Northeast Asia (闯关东), and Guangdong-Fujian people went to Southeast Asia/America (下南洋). apparently, I read that all the old Chinatown restaurants in Korea and Japan only sell Shandong food, which is absolutely nothing like the Guangdong food in Chinatowns in Southeast Asia and the West. In Thailand, all the Chinese are from the Shantou area. Prime Ministers Abbhisit, Thaksin and Yingluck all trace their ancestry there.

Well I have not heard Singaporeans say something like "the west is culturally superior". instead they will insult China, saying that the people are greedy or crude or unhygienic or some other nonsense.

Tse said:

Shantou and Xiamen is under Minnan, Hainan is sometimes classified under Minnan but cannot be understood at all by other Minnan. Putian and Fuzhou are under Min but not Minnan, they cannot understand each other. The rest are not Min however, Cantonese of various types are under Yue, and Meizhou is under Hakka.

But yeah typically speaking during the Opium Wars the pattern was: Gansu-Shaanxi people went to Xinjiang/Qinghai (走西口), Shandong-Hebei people went to Dongbei/Northeast Asia (闯关东), and Guangdong-Fujian people went to Southeast Asia/America (下南洋). apparently, I read that all the old Chinatown restaurants in Korea and Japan only sell Shandong food, which is absolutely nothing like the Guangdong food in Chinatowns in Southeast Asia and the West. In Thailand, all the Chinese are from the Shantou area. Prime Ministers Abbhisit, Thaksin and Yingluck all trace their ancestry there.

Well I have not heard Singaporeans say something like "the west is culturally superior". instead they will insult China, saying that the people are greedy or crude or unhygienic or some other nonsense.

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From what I understand Minnan languages themselves are not mutually intelligible? Like a Hokkien person cannot understand a Teochew person?

What's funny is that Singaporeans say mainlanders all look the same. But I think Singaporeans all have that same Fujian face. Maybe it has to do with the lack of use of upper cheek muscles when speaking versus Korean for example. Sorry I'm getting out of topic here and need to get back.

After a massacre of mostly 8 korean women in Atlanta, we have another massacre of at least 4 members of the Sikh community in Indiana. Can we call a spade a spade and just admit the United States is in the middle of a complete race war? Interesting how its always the angry white male.


America must pay. At a minimum, it should be giving massive amounts of guns to all visible minorities, so that they may have the right to life.

ansy1968 said:

@Crang @BoraTas but Bro you had to admit though Turkish Woman are beautiful!!!, there is something about them, aside from being attractive, the mystic and seductive, Turkey being in the cross road of continental Europe and Asia that combination is perfect!!!

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turkish women remind of the arab, iranian and TuJue women who staffed the harems of the Tang Dynasty.

j17wang said:

After a massacre of mostly 8 korean women in Atlanta, we have another massacre of at least 4 members of the Sikh community in Indiana. Can we call a spade a spade and just admit the United States is in the middle of a complete race war? Interesting how its always the angry white male.

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America must pay. At a minimum, it should be giving massive amounts of guns to all visible minorities, so that they may have the right to life.

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An apartheid race based state embarking on ethnic cleansing and pogroms against Asians and indians and africans. Quelle surprise.

Fukushima nuclear wastewater 'fundamentally different' from normal plants: Chinese ministry
By Global TimesPublished: Apr 18, 2021 07:28 PM




Photo taken from Namie in Fukushima Prefecture, northeastern Japan, on Tuesday shows the crippled Fukushima Daiichi nuclear power plant. Tokyo decided the same day to release radioactive water into the sea. Photo: VCG
Amid international pushback against Japan's decision to dump nuclear-contaminated wastewater from the Fukushima nuclear power plant into the sea, China's Ministry of Ecology and Environment has urged Japan to consider all safe ways of disposal to deal with the issue, as the nuclear-contaminated water is fundamentally different from discharges from other normal nuclear plants.

Regardless of domestic opposition and doubts from the international community, Japan made a unilateral decision to dump the contaminated water into the sea before exhausting all safe ways of disposal or fully consulting with neighboring countries and the international community, the ministry said.

China, as Japan's close neighbor and one of the stakeholders in this issue, has expressed grave concerns.

The Chinese environment ministry urged Japan, which has a responsibility to the international community, to conduct further research on all safe ways of disposal and release related information in a timely and transparent way.

A cautious decision should be made after a careful consideration of all other safe ways of disposal and full consultation with all stakeholders, it said.

The ministry stressed that the nuclear-contaminated water has fundamental differences from the discharge of a normally operated nuclear plant, either in terms of the original source, category of radionuclides, or disposal treatment imparity.

The Fukushima contaminated wastewater came from the cooling water injected into the melted reactor core after the nuclear accident, as well as groundwater and rainwater that permeated the reactor. It contains a variety of radionuclides in the melted reactor core, which are difficult to treat, it said.

Discharges from a normally operated plant are mainly from the technology and land drainage, which contain few fission nuclides. After being treated and strictly monitored under international standards, such discharges are much less harmful than the international standards require, the ministry noted.

The ministry also said that China will evaluate the possible impact of nuclear-contaminated wastewater on the marine environment and strengthen monitoring of the radiation in that environment.

ansy1968 said:

@voyager1 bro its a partnership, the term junior partner is being invented to drive a wedge between the two , to be frank China may need Russia more, the resources and being under Russian nuclear umbrella provide an ideal deterrent and made the US think twice. And this has shaken the US vassal system, her vassal (except for the Six eyes)may question any move the US make, a perfect example is Germany and France on Ukraine and SK and ASEAN regarding China. Instead of helping the US her vassal hamstrung it.

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SIX EYES ??? lol 5-Eyes plus one wannabe Eye, the slanted one??? hahaha


16 APRIL 2021 (Reuters)

EXCLUSIVE China opens its borders to billions of dollars of GOLD IMPORTS

China has given domestic and international banks permission TO IMPORT LARGE AMOUNTS OF GOLD into the country, FIVE SOURCES familiar with the matter said, potentially helping to support global gold prices after months of declines.

[Silly Rothschild's mouthpiece -- WHY China as a steady Gold buyer wanna prop Gold price???]

China is the WORLD'S BIGGEST GOLD CONSUMER [and is also the world's largest gold producer] gobbling up hundreds of tonnes of the precious metal worth tens of billions of dollars EACH YEAR, but its imports plunged as the coronavirus spread and local demand dried up.

With China's economy rebounding strongly since the second half of last year, demand for gold jewellery, bars and coins has recovered, driving domestic prices ABOVE global benchmark rates and making it profitable to import bullion.

The LOCAL PREMIUM is now about $7 to $9 an ounce, according to gold traders in Asia, and would probably have increased further if more imports to satisfy demand had not been allowed.

About 150 tonnes of gold worth $8.5 billion at current prices is likely to be shipped following the green light from Beijing, four sources said. Two said the gold would be shipped in April and two said it would arrive over April and May.

The bulk of China's gold imports typically comes from Australia, South Africa and Switzerland.

The People's Bank of China (PBOC), the country's central bank, controls how much gold enters China through a system of quotas given to commercial banks. It usually allows metal in but sometimes restricts flows.

"We had no quotas for a while. Now we are getting them ... the most since 2019," said a source at one of the banks moving gold into China.

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16 APRIL 2021

The size of the shipments signals China's dramatic return to the global bullion market. SINCE FEBRUARY 2020, the country has on average imported gold worth around $600 million A MONTH, or roughly 10 tonnes, Chinese customs data show.

IN 2019 its imports ran at about $3.5 billion A MONTH, or roughly 75 tonnes.

Is this just the next stage in China seeing the writing on the wall for the USDollar as global reserve currency...



ALASDAIR MACLEOD: A COLLAPSING DOLLAR AND CHINA'S MONETARY STRATEGY (June 2020)

This article describes how China can escape the fate of a dollar collapse by tying the yuan to gold. There is little doubt she has access to sufficient gold. Currently, her interest is to preserve the dollar, not destroy it, because it is the principal means of Chinese foreign interests being secured.

With all its gold, by monetising it China could kill off the dollar tomorrow. Undoubtedly, this FINANCIALLY NUCLEAR OPTION has become a backdrop to her strategy in the ongoing trade and financial war against America. But the idea that by using this undoubted power over the dollar China gains a simple victory if through her actions the dollar is destroyed understates a more complex situation. It is not in China’s interest on many levels, not least because of her ownership of dollars is about $3.4 TRILLION, of which only $1.5 trillion is invested in Treasuries, agency, corporate and short-term debt in the US. The balance is actively used in loan finance to China’s commodity suppliers, those involved with the Belt and Road Initiatives (BRI) and other states with which China desires to gain influence.

Destroy the dollar and China’s heft around the world is destroyed as well, because only a small proportion of China’s loan is in renminbi. In that sense, if the dollar collapses America gains a geopolitical benefit over China, her means of international influence being crippled. The Chinese leadership will be acutely aware of the consequences of the dollar’s demise and therefore will do nothing to encourage it. Indeed, if the dollar begins its collapse in the foreign exchanges, we could find China increasingly calling out the Fed on its inflationary policies. But then the Fed’s problem is and will continue to be an inability to stop its addiction to unlimited inflationism.



UNFORTUNATELY, A BANKING CRISIS IS EMBEDDED IN THE SCRIPT, which will have fundamental effects on ALL FIAT CURRENCIES, SOME MORE THAN OTHERS. And since international banking is overwhelmingly a dollar affair, after a short pause the consequences are bound to weigh heavily upon it as the reserve currency. This credit cycle unwind is a Category 5 compared with 2008—2009’s Category 2 or 3. It is ONLY AFTER SUCH A CATACLYSM that China will have no alternative to abandoning all attempts to support the dollar and its means of buying overseas influence. China will then need to secure its own currency.

It will require a RETURN TO GOLD BACKING — the NUCLEAR OPTION so far avoided. WHILE THE COST WILL BE WRITING OFF TRILLIONS OF DOLLARS and its means of securing overseas influence, there will be a monetary vacuum to fill. And compensation will be found in an increase in the value of China’s declared and undeclared BULLION STOCKS, as well as the enrichment of its GOLD-HOLDING PEOPLE.

It is CLEARLY NOT in China’s current geopolitical interest to introduce a gold standard that undermines or destroys the dollar. For this reason, China will only do so ONCE IT IS CLEAR that the dollar is in the early stages of AN UNAVOIDABLE INFLATIONARY COLLAPSE, and the risk of the yuan going down with it must be urgently addressed. Perhaps, as the Biden/MMT (Modern Monetary Theory or Modern Money Theory) agenda becomes clearer, a reappraisal of the dollar’s prospects and the debt trap of rising interest rates being sprung on western governments is likely to determine timing.

Maybe the DIGITIZATION of the yuan is the 'control' China needs to enable this transition?

There can be little doubt that a move to a gold yuan will have a profound effect on remaining FIAT CURRENCIES. A SHORT PERIOD OF TIME between announcing these plans and their implementation will be required for markets to adjust. It is likely that FIAT CURRENCIES would face downward pressure on their purchasing power, and China must be seen to be protecting her own interests by returning to SOUND MONEY and not deliberately undermining the dollar.

Other nations, particularly those in Asia, are likely to follow China in implementing their own gold exchange standards, and all nations will be then faced with a stark choice: do they hang on to their welfare states and their growing difficulties in financing them, or do they stabilise their currencies? If China does adopt a proper gold exchange standard, she would neutralise all America’s geopolitical power, whether America follows suit or not.


IN 2018, the Chinese launched a gold-backed, yuan-denominated OIL FUTURES CONTRACT. These contracts were priced in yuan, but convertible to gold, raising the prospect that “the rise of the petroyuan could be the death blow for the dollar.”

Two weeks ago, The IMF reported that the global share of US-dollar-denominated EXCHANGE RESERVES dropped to 59.0% in the fourth quarter, according to the IMF’s COFER data released today (4/16). This matched the 25-YEAR LOW of 1995.

AND JUST LAST WEEK, China became the first major economy to unleash a CENTRAL BANK DIGITAL CURRENCY, "cementing its trailblazer status in virtual currencies far ahead of other countries, after already recently experimenting with large-scale trials of actual payments by consumers, which was met with mixed results."

(cont'd...)

Taiwan has the lowest birth rate in the world (1.07). Followed by SK, Singapore, HK. China with TFR of 1.60. US with 1.84

Figures sourced from CIA factbook.

hashtagpls said:

turkish women remind of the arab, iranian and TuJue women who staffed the harems of the Tang Dynasty.

An apartheid race based state embarking on ethnic cleansing and pogroms against Asians and indians and africans. Quelle surprise.

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@hashtagpls bro had been to Turkey 4 times and each time my wife won't allow me to go by myself if I'm escorting a group...LOL, she will always tag along, maybe to buy some leather products and perfume, but my Turkish friend will find a way for us THE BOYS to go out and enjoy the night life and its an experience that I will never forget...LOL and cheers to @B.I.B. Turkish belly dancing are the best!!!!

(... cont'd)

LAST AUGUST China's Commerce Ministry had released fresh details of a pilot program for the country's central bank digital currency (CBDC) to be expanded to several metropolitan areas, including Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei region, and Yangtze River Delta region. This was the inevitable culmination of a process which started back in 2014 when it's reported at the time, "China Readies Digital Currency, IMF Says "Extremely Beneficial".

Fast forward a few months when China's preparations to rollout a DIGITAL YUAN gathered pace, and in October that China was poised to give legal backing to the launch of its own SOVEREIGN DIGITAL CURRENCY, "cementing its trailblazer status in virtual currencies far ahead of other countries, after already recently experimenting with large-scale trials of actual payments by consumers, which was met with mixed results." Specifically, the South China Morning Post reported that "The People’s Bank of China published a draft law on Friday (23 OCT 2020) that would give legal status to the DIGITAL CURRENCY ELECTRONIC PAYMENT (DCEP) system, and FOR THE FIRST TIME the DIGITAL YUAN has been included and defined as part of the country’s SOVEREIGN FIAT CURRENCY."

China moves to legalise digital yuan and ban competitors with new draft law - SCMP 2020-10-27

This in turn brought us to the so-called "Shenzhen case study" when IN OCTOBER OF 2020, China became the first nation to hold a trial run of its digital currency, when the government in Shenzhen carried out a lottery to give away a total of 10 million yuan (about $1.5 million) worth of the digital currency (nearly 2 million people applied and 50,000 people actually won).

The winners were required to download a digital Renminbi app in order to receive a "red packet" worth 200 digital yuan ($30), which they can then spend at over 3,000 designated retailers in Shenzhen’s Luohu district, according to China Daily. After that, they’ll be able to buy goods from local pharmacies, supermarkets and even Walmart.

The idea was to NOT ONLY TEST THE TECHNOLOGY INVOLVED, but BOOST CONSUMER SPENDING in the wake of the pandemic. In short, China is not only subsidizing the centrally-planned economy by adjusting the SUPPLY-SIDE of the question- it now can PROP UP DEMAND by handing out digital currency to anyone (or everyone).

Of course, unlike traditional central bank account-based currencies such as reserves, or the myriad decentralized cryptocurrencies like bitcoin, China’s DIGITAL CURRENCY would be controlled by the country’s CENTRAL BANK and will be instantly made available at a moment's notice to anyone who can receive it.

And since "China's adoption of digital central bank tokens is EXPECTED TO BE SEAMLESS as most of the nation's digital payments already pass through companies like TenCent WeChat Pay and Alibaba AliPay and are already very popular in the country", it's concluded that "the successful Shenzhen test means that a broad rollout is just a matter of time."

IN FEBRUARY 2021, the protector of the dollar reserve system, SWIFT (Society for Worldwide Interbank Financial Telecommunication), the global system for FINANCIAL MESSAGING and CROSS-BORDER PAYMENTS, has set up a joint venture with the Chinese central bank’s digital currency research institute and clearing centre, in a sign that China is exploring global use of its planned digital yuan.

ACTUALLY, not just "exploring" but thanks to YEAR OF TESTING and partial rollouts, Beijing was about to become the first country in the world set to launch the DIGITAL YUAN, and with both the IMF's and SWIFT's blessing, it's said that it was "just a matter of months if not weeks."

Just a few days ago, China's "cyber yuan" became official when the Wall Street Journal finally caught up, writing "China Creates Its Own Digital Currency, a First for Major Economy."



While regular readers are quite familiar with the details and chronology of China's transition to a DIGITAL CURRENCY, which incidentally is PRECISELY THE OPPOSITE of a cryptocurrency and has ABSOLUTELY NOTHING TO DO with Bitcoin, the WSJ focuses more on the GEOPOLITICAL REASONS of China's currency evolution - as a reminder, thousand years ago, when money meant coins, China INVENTED PAPER CURRENCY, and now the Chinese government is minting cash digitally, in what the WSJ said is a "re-imagination of money that could shake a pillar of American power" - and specifically how to approach a decoupling from the global reserve currency, the US dollar so not only can Beijing avoid the "NUCLEAR OPTION", a WEAPONIZED US DOLLAR, but allow countries that the US seeks to punish like Iran, a viable alternative. Here is the WSJ:

The U.S., as the issuer of dollars that the world’s more than 21,000 BANKS need to do business, has long demanded insight into major cross-border currency movements. This gives Washington the ability TO FREEZE individuals and institutions out of the global financial system BY BARRING BANKS from doing transactions with them, a practice criticized as “DOLLAR WEAPONIZATION.”
…
The DIGITAL YUAN could give those the U.S. seeks to penalize a way to exchange money WITHOUT U.S. knowledge. Exchanges wouldn’t need to use SWIFT, the messaging network that is used in money transfers between commercial banks and that CAN BE MONITORED by the U.S. government.


To be sure, a credible alternative to the dollar, reduces the need to hoard the currency for US trade partners which in turn would have profound implications on GLOBAL SAVING PATTERNS, from there, global capital flows. The consequences for the PERPETUAL US current account DEFICIT would be unprecedented.



And there you have it: the KEYNESIAN WET DREAM to BOOST THE VELOCITY of mean finally comes true. For the past decade we have joked that it is only a matter of time before central banks slap on an expiration date on every monetary unit in circulation... to offset the creeping petrification of the monetary system, where NEGATIVE INTEREST RATES have sparked EVEN MORE SAVING and NOT SPENDING as central banks had intended...



As a reminder, according to tentative estimates for the rollout of ISO 20022, which is the required UNIVERSAL TRANSACTION STANDARD which will make payment in DIGITAL CURRENCIES possible, we are looking at a 2022 launch date, although China looks ready to go live as soon as this year.

There is one final, geopolitical reason behind China's decision to give its digital currency an expiration date: as Byrne Hobart writes, "programmable money, tied to real-world identities, and universally tracked by a central bank, starts to look suspiciously like a substitute for the consumer of last resort. Every year that China gets richer, DOMESTIC CONSUMPTION PLAYS A BIGGER ROLE (exports were 26% of China's GDP in 2010, and 18% last year). If domestic consumption can be tightly controlled, then it's a way to not just increase the volume of consumption but to control the variance of demand for the goods China produces. It's not yet enough to match the size and variability of global demand for China's exports, but every year it gets closer."

In short, while the US and China are BOTH TALKING SERIOUSLY ABOUT DECOUPLING, the DIGITAL YUAN - which is now a reality - indicates that China's government is not only more effectively planning for it, but will be the first to fully sever all ties with the US... when the moment comes.

RABOBANK's WIM BOONSTRA explaining not only why China will be the first country to launch a digital currency but also looking at what happens next:

China Will Be The First Country To Launch A Digital Currency: What Happens Then

• China may be the first major country to launch a central bank digital currency or CBDC
• The Chinese CBDC, named DCEP, will strengthen the position of the central bank and help to further modernize the Chinese economy
• The DCEP will probably also be available for China’s trade partners, to begin with Africa
• The DCEP may strengthen the international position of the renminbi to the detriment of the euro
• The arrival of the DCEP should be a strong wake-up call for Western, especially European, policymakers

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ansy1968 said:

@Crang @BoraTas but Bro you had to admit though Turkish Woman are beautiful!!!, there is something about them, aside from being attractive, the mystic and seductive, Turkey being in the cross road of continental Europe and Asia that combination is perfect!!!

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Until they reach 30’s