Miscellaneous News

manqiangrexue said:

Well, Americans apparently like to live over the edge LOL

I agree with everything you said except that the US is not the enemy of China. You don't actually have to get into a kinetic war to be enemies. As rivals in every domain, wishing only ill on the other party, that qualifies very much as emnity. Americans don't want China to do well; some want China totally destroyed. As more and more Chinese come to understand America's nature, they will want the same, and emnity towards the US in China's youth is fast rising for very good and obvious reasons (though likely still less than what the US reciprocates at this point). China and the US may be too big and powerful to truly come to blows but make no mistake, they are absolutely antagonists and enemies to each other.

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European banks restart Russian bond trading as US clients wind down​

European banks have joined Wall Street in allowing clients to trade Russian debt once again after the US Treasury gave the green light last month for investors to wind down their positions.

The global market for Russian sovereign and corporate bonds froze in June after US investors were banned from buying Russian securities on the secondary market as part of the west’s sanctions against Moscow following its invasion of Ukraine.

But the Treasury’s Office of Foreign Assets Control — which enforces sanctions in the US — opened a three-month window on July 22 for banks to help investors who had been left holding Russian bonds to wind down their positions. European regulators have also made it easier for banks to help clients reduce their exposure.

UBS, Barclays and Deutsche Bank have all resumed allowing clients to sell their Russian debt holdings, in line with similar moves from JPMorgan, Bank of America, Jefferies and Citigroup, according to people briefed on their decisions. The Wall Street bank moves were first reported by Reuters and Bloomberg.

Other banks, including Credit Suisse and HSBC, have so far held back from re-entering the Russian debt market owing to their lower risk tolerance, according to people with knowledge of their activities.

Almost $40bn of Russian sovereign debt was outstanding when Moscow began its invasion of Ukraine in February, with about half held by foreign investors.

The Ofac licence allows banks to facilitate, clear and settle trades made by US citizens to wind down their Russian exposure, even if that involves buying further securities.

While each bank’s exposure to Russia is relatively small, the resumption of debt trading is symbolic as it is one of the few key international markets that has reopened since Moscow was hit by a barrage of western sanctions.

All the banks declined to comment, but people briefed on their moves said the decisions were not motivated by trying to profit from the market reopening, but were about allowing clients to wind down their exposure in accordance with sanctions rules.

“This is chiefly for clients who continue to want to unwind,” said one employee of a bank that has restarted Russian debt trading. “The volumes aren’t that remarkable.”

Western banks had been helping their clients cut back their exposure to Russia following the start of the war, but bonds proved hard to shift because of a lack of buyers leading to falling values.

Several banks have also been attempting to sell off their operations in Russia.

French lender Société Générale took a €3.3bn hit when it agreed to sell its Russian Rosbank subsidiary to oligarch Vladimir Potanin’s Interros investment company in April.

HSBC has agreed to sell its Russian subsidiary to Expobank, while Citi has been in talks with several potential buyers, including Expobank and insurance company Reso-Garantia, the FT has reported.

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name said:

Look at the above. These same Americans gladly indulged in genocidal biological warfare fantasies like The Unparalleled Invasion book 100 years ago (while drugging and plundering China) and now routinely end conversations or debates with ", glass the chinks with nukes". The same racist genocidal psychopathy Caucasians have repeatedly demonstrated by nuking Japanese civilians, killing some 25% of the North Korean population, waging total warfare including chemical warfare on the Vietnamese with agent orange (search pictures since I can't post them here), secretly bombing Laos and Cambodia each more than the axis powers were bombed in ww2 has everything to do with the West's pathological genocidal racism and unhinged hate against Asians.

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4Runner said:

Emotionally, yes. Not as bad as middle aged Chinese couples in Beijing/Shanghai/Guangzhou/Shenzhen when the husband is found to have "小三" and the couple is divorcing each other.

When Pelosi visited Taiwan, there was a nation-wide uproar for war. Yet the top leadership practiced all the conventional Chinese wisdoms and turned the crisis into an opportunity. As a result, the nominal notion of the middle line of the Taiwan strait effectively disappeared while China standing on the moral high ground.

That is just one of many examples in the game of throne, a.k.a. the competition of major powers today.

I have no emotion when it comes to US/China relationship. I have an extensive family of over 100 living in Shanghai for generations. Some people in China has been yelling for war for years, including my family members and close friends. But all are emotional expression of the day rather than hard-headed conviction.

As recent boycotts against Korea/Japan/Europe companies indicated, when the Chinese public views US as the Chinese enemy, I can bet my entire net worth the sales of Apple and Tesla will start nose-diving in the Chinese market.

So, the point, is that the Chinese public is way more sane and mature that those non-Chinese who are ill-minded wanting to see US and China fighting or destroying each other.

So, bro, if you are a Chinese, I can forgive your naivety.

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supersnoop said:

To be fair, the murderous tendencies are not rooted in racism against Asians alone. The USA does all kinds of crazy sh*t, but somehow people like that CNN guy who was interviewing Roger Waters a few pages back will still believe that they have some mandate of heaven to be liberators and never do anything bad to "their own people" like China does. Blacks, Natives, etc. are not their own people.

Canadians are literally not their own people, so they just tested Agent Orange on them

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I remember whenever members would point things like this out to "Clubber Lang", he would answer, "That was a long time ago, things are different now". Of course this is true, we can't go back to change the past. However, does this mean in another 10 years, China can say, "well, you said it was Uighur genocide, we never agreed, but it's too long ago now".

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4Runner said:

Emotionally, yes. Not as bad as middle aged Chinese couples in Beijing/Shanghai/Guangzhou/Shenzhen when the husband is found to have "小三" and the couple is divorcing each other.

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4Runner said:

When Pelosi visited Taiwan, there was a nation-wide uproar for war. Yet the top leadership practiced all the conventional Chinese wisdoms and turned the crisis into an opportunity. As a result, the nominal notion of the middle line of the Taiwan strait effectively disappeared while China standing on the moral high ground.

That is just one of many examples in the game of throne, a.k.a. the competition of major powers today.

I have no emotion when it comes to US/China relationship. I have an extensive family of over 100 living in Shanghai for generations. Some people in China has been yelling for war for years, including my family members and close friends. But all are emotional expression of the day rather than hard-headed conviction.

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4Runner said:

As recent boycotts against Korea/Japan/Europe companies indicated, when the Chinese public views US as the Chinese enemy, I can bet my entire net worth the sales of Apple and Tesla will start nose-diving in the Chinese market.

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Younger Chinese more likely to hold unfavourable view of US, says study which concludes Donald Trump is much more to blame than propaganda​

Decline in Chinese Students in the US Is a Bad Sign​

4Runner said:

So, the point, is that the Chinese public is way more sane and mature that those non-Chinese who are ill-minded wanting to see US and China fighting or destroying each other.

So, bro, if you are a Chinese, I can forgive your naivety.

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manqiangrexue said:

WTF is this? According to this, every country in the world has no enemy because there are local fights/rivalry/hatred between people of the same race/nationality.

Fine

No not really. The measure of China's emnity towards the US isn't defined as sales performance of 2 companies you picked (which are actually getting killed by their Chinese rivals). It's given right here:

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Younger Chinese more likely to hold unfavourable view of US, says study which concludes Donald Trump is much more to blame than propaganda​

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Decline in Chinese Students in the US Is a Bad Sign​

Polls in China show that younger people — those born in the 1990s and later — have a more negative image of America than their parents do.

So, I am obviously Chinese and there is nothing for you to forgive because I have made no mistakes. The mistake is with your reading comprehension. I never said I wanted a war of physical destruction, but a rivalry over every aspect of power and control is already undeniably under way between China ad the US and this obviously makes them enemies with correspondingly rising attitudes of emnity, well documented by polls, in both countries towards each other. To pretend that the Chinese have no emnity towards the US because Apple and Tesla can still sell is the naivety that begs forgivness.

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For instance, after US-China tensions spiked over the visit of

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earlier this month, when Pelosi visited South Korea afterward, Yoon did not meet in person with her, opting instead for a phone call. That led to speculation South Korea was trying not to upset China.

“Even if questions remain over the true extent of South Korea’s strategic alignment with the United States, Seoul is nevertheless generating strategic effects by arming states facing Chinese and Russian coercion,” Lee and Corbin wrote.

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4Runner said:

Fair rebuttal. But with magnitude of seriousness in discussing or debating on US/China wars, the essence of enemy, rivalry, competitor etc. is vastly different. On the subject, two are competitors, yes as always. Two are rivalries, definitely yes since 2009. Two are enemies? Not yet, by a wide margin. The Chinese have not engaged in a meaningful war over 42 years. Most Chinese may have a fictional sense of war. But the reality is that, any meaningful war between US/China is going to be a MAD situation, as human history teaches us. Therefore, as a Chinese, for ancestry sake, read the Art of War again and stay cool on MAD.

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1. a person who is actively opposed or hostile to someone or something.