Politics China's Economy and Politics

Unbelievable Nexperis a Chinese owned Dutch company was allowed to participate in the Trust E science project evaluating the trust in autonomous driving sensors.

Nexperia even got some modest subsidies and was just responsible for the power supply.
One participant from a German company said it would be better to exclude Chinese owned companies in the future from science projects to not give data away.
He said in this case it's to late as Nexperia already has gotten all results.
Yeah let's repeat that game so Xis saves his RND monies.

A way would be to refuse working with them. Forcing politicians to exclude Chinese owned companies from our RND projects by default.
 
Chinese statement on Iran strike in Pakistan:

"We call on both countries to “avoid actions that would lead to an escalation of tension and work together to maintain peace and stability in the region.”

Translated: "Don't upset the fragile web we are spinning".
 
Chinas GDP grew 5.2 percent. The CCP calculated it very thoroughly and got it in the end.

Now consider this:

Youth unemployment rates are published again but excluding students and applying other calculating tricks.

The stock markets have been suspended. CCP advised actors to buy more than sell so a modest gain was reached but crashed again. The stocks are at its lowest since years.

China may have over calculated it's population by a 100 million and this cohort would also be among the youngest.

Deflationary pressure still remains and looks like it's solidifying.

You can not really grow like that. I don't know how long this story is going to be told to fool the West.
 
Chinas GDP grew 5.2 percent. The CCP calculated it very thoroughly and got it in the end.

Now consider this:

Youth unemployment rates are published again but excluding students and applying other calculating tricks.

The stock markets have been suspended. CCP advised actors to buy more than sell so a modest gain was reached but crashed again. The stocks are at its lowest since years.

China may have over calculated it's population by a 100 million and this cohort would also be among the youngest.

Deflationary pressure still remains and looks like it's solidifying.

You can not really grow like that. I don't know how long this story is going to be told to fool the West.
When I saw the 5.2% I wondered how they arrived at that number, dart board, wheel, or picked a number out of a hat.
 
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Huh, interesting. But of course you have to wonder how many layers of BS have been stacked and unstacked to arrive here.
 
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CSI 300 in freefall since 2021 the Chinese stock markets had 6.3 trillion $ removed.


Chinese companies simply do not make profits.

Ask Jörg Wuttke EUs chamber of commerce guy in China.

China produces but without profit and is set to flood the world with it's over capacities.

You basically don't need to probe them. If someone just builds up massive over capacities without making profit and that for years or even decades tells you where and how it's financed.


Local governments must stop certain infrastructure projects. They accumulated 13 trillion $ in debt in the last decades.
 
Did you see this?


Now the little commies are complaining to YT to remove the video.

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More infuriating Jazzua Leung from HK played a liberty song for HK on that piano too. A concerted effort of CCP goons led to his channel being banned.


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What is YT thinking here? The willful minions of the CCP?

I already saw this a few times on YT.

The blond Western guy in the background holding the communist flag is surely one of those Western enablers. Some of them surely look for jobs providing influence for their ideas on YT and such.


Funny that they already try to shut down discourse over here. Do they feel so emboldened? Surely the police and YT taking their bullshit seriously doesn't help.
 
TEMU how is that tolerated? Not that they even sell your private data and bank account data to criminals or the CCP. Their products are fake poisonous and unchecked with fake CE markings.

This app is based on the PDD Pin Duo Duo which had to be removed from app stores due to data leaking. Wow what a trustworthy China company.

I don't get how politics tolerate this. It endangers citizens. You have no focal point to complain. And by ordering from TEMU you become the importer with all liabilities.

Leave your hands of that stuff and tell others to do so too.
It can even be a health hazard. I tell my daughter all the time not to smear that cheap unchecked Chinese stuff into her face.

I'll give her money for a Western product. Sad for those not having enough money. The West must increase salaries so people can switch away from that cheap trash.

Buy cheap buy thrice but this is not even on par with that slogan.




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Hostage diplomacy is an apt name for the exquisite predicament in which Australia finds itself. An Australian citizen, Yang Hengjun, is held arbitrarily and then, in a shocking decision, sentenced to death. But with the diabolical twist that the sentence is suspended for two years dependent on good behaviour.

Whose good behaviour? Not Yang’s but ours—Australia’s. With Yang as a hostage, Australia is being blackmailed into submission and silence.

Beijing is masterful at planting self-doubt in the minds of rivals. If we speak out against Chinese bullying of neighbours in the South China Sea, will Yang be executed? If we name China as a perpetrator of cyberattacks, will Yang be executed?

If you are worried about what another party might do, they are in control. So, we need to make Beijing worry more about what we might do.

As a smaller nation that abides by rules and norms, the way to do that lies in collective action. Rather than try to walk this treacherous tightrope alone, Australia needs to work with liberal democracies to establish a coalition of nations that can respond to hostage diplomacy and impose a cost—from economic to reputational—on nations that abuse the rule of law this way.

And we are not starting from scratch. In 2021, the democratic world signed the Canada-led Declaration Against Arbitrary Detention in State-to-State Relations. Canada was driven by the experience of having two of its citizens, Michael Kovrig and Michael Spavor, detained arbitrarily because Ottawa agreed to consider an extradition request by the United States for Meng Wanzhou, chief financial officer to the telco giant, Huawei, whom US authorities accused of fraud.

Canada’s stoutnessdemonstrated that when a country stands up to bullying, it is standing up not just for itself but for everyone who believes in rules and norms.

The 2021 declaration was a good start, but it needs enforcement mechanisms to stop it being toothless. Australia should start with the Five Eyes group—our partnership with Britain, Canada, New Zealand and the United States—and the G7 nations, which adds France, Germany, Italy and Japan. It should also encourage participation from other countries that have citizens arbitrarily detained, such as Sweden with Hong Kong publisher Gui Minhai held since 2015. Countries that have experienced Moscow’s and Beijing’s bullying, like Lithuania and other European Union members, would also be powerful partners.

It must be clear to Beijing, and all totalitarian regimes such as Iran, that they will be held to account when they try to blackmail another country through hostage diplomacy. The only way to deter a malign actor is to convince it that its actions won’t work, and moreover there will be costs. A good recent example of such collective action was the use by Australia, Britain and the US of Magnitsky sanctions laws to target the Russian hacker behind the Medibank breach. Coordinated sanctions help tighten the net around a criminal’s assets.

No one should doubt this is a tough balancing act for Foreign Minister Penny Wong. She is rightly prioritising Yang’s welfare, and therefore the immediate step is to continue the most strenuous representations for Yang’s health and wellbeing.

That means medical care, books, contact with his family and a pathway to him being freed and returned to Australia. He should never have been jailed, and he certainly should not have been sentenced to death. His detention in reportedly harsh and even cruel conditions is a continuing abuse of a man in his late 50s with significant medical ailments who is likely not getting adequate care.

Wong responded on Monday with a clear denunciation of Yang’s sentence. She also trod carefully, saying this was a decision by the Chinese legal system. In truth, there’s no separation between the party-state and the courts in China, but Wong’s language may give the Chinese government space to step in and commute the death sentence.

Yet, this must not mean any kind of backward step by Australia on issues key to our values and long-term interests. If we let ourselves be tugged onto a slippery slope of submitting to Beijing’s coercive will, the coercion will continue. And unlike, say Iran, which has taken prisoners as bargaining chips in straight out government-to-government transactions, Beijing tends not to offer any kind of clear exchange but rather builds pressure for long-term submission to its core strategic objectives.

Hence, for Wong, short and long-term goals arise from the Yang case.

Long-term, it’s about having as many countries on our side as possible so that Beijing recognises that to execute an innocent citizen of another country is no longer just a bilateral issue with a smaller power, but a global issue. The risk-benefit calculation changes dramatically.

It’s time for Beijing to stop assuming it can worry Australia, and start worrying about what Australia might do. In this case, we can fight for Yang and our democratic sovereignty.

***Yang Hengjun is a Chinese-Australian writer and blogger who is detained by Chinese authorities on spying charges.

According to Yang's own accounts, he studied at Fudan University. After graduating, Yang worked in the Ministry of Foreign Affairs in Beijing. China's Foreign Ministry denied Yang had ever been employed by the ministry, according to a Reuters report in 2019. From 1992 to 1997, Yang worked in Hong Kong as the manager of a mainland Chinese company. Afterwards, he went to the U.S. as a senior fellow of the Atlantic Council. Yang is regarded as a divisive figure among overseas Chinese dissidents and activists. Yang was arrested by the Chinese Government, facing one charge of espionage, but the basis of the charge was unknown.

The Australian Broadcasting Corporation reported on 1 November 2023 that his family has written to Prime Minister Anthony Albanese to help "save" Yang. Yang was subsequently found guilty and handed a sentence of death with reprieve in February 2024.***
 
While I posted one article from the conversation on the Ukraine thread I continued to read it and couldn't believe what I saw there.


Could have been written by the CCP itself. Western sabotage on Chinas economy your kidding me.

They stole and copied everything to block foreign companies out of their market eventually and when the door is slam shut it's sabotage?

Yo more CCP mimimi from an outlet stating this:

  • Inform public debate with knowledge-based journalism that is responsible, ethical and supported by evidence.

Some of it is a concerted propaganda campaign, financed by the United States, to undermine America’s biggest competitor. But the trend also reflects the western world’s racial and political anxieties and its profound insecurities about its own failures and decline

Quoting Helsinki times which unquestioning taKes over prefabricated CCP news from China propaganda outlets.

Oh my this is really disguised disinformation. I'll write them a letter to explain this commie anti West article filled with comical conclusions.
 
Quite happy to buy "made in a similar style" from Pakistan. The way China is going they may well gut themselves of buyers before one single sanction.
 
Quite happy to buy "made in a similar style" from Pakistan. The way China is going they may well gut themselves of buyers before one single sanction.

I do this since years now lots of stuff is made in Vietnam too for example. I had a lamp in my hands for 200 €s my wife saw made in China didn't buy it. I actively boycott China.

I'm buying a new car soon. I looked at the hyped China cars.

In YT it seems like they are the S**t (all bought influencers). But they look awkward have awkward features and are just a few bucks cheaper. You get less then for a Euro car and no dealers and the risk of the future quality and resale not being good.

They don't live up to European cars tbh. Shoddy build quality can also be seen in the details.

They always cut corners.




The franken commie economy is not lifting off.

Meager gov measures just dissipate without impact.


Small companies in distress

 
Xi appears focused on pushing an outmoded approach to state-led modernization—a twenty-first-century version of the Maoist drive in the 1950s to build heavy industry. The Chinese leader, speaking to a provincial delegation at the Congress, appeared to go out of his way to declare that “we must not declare a model” and “establish [new industries] first and then break” the old ones. But there can be no doubt that he is intent upon breaking the mold of private sector-led growth.

The problem is that he is placing his expectations on a government that is ill-equipped to take on this task. China is not only saddled with debt and facing the need for belt-tightening. As the premier’s work report acknowledged, the bureaucracy is riddled with inefficiency, waste (especially involving priority government projects), and corruption. This, combined with all the country’s deep-seated economic problems, suggests that the “modern industrial system with advanced manufacturing as the backbone” that Xi seeks is being built on a fractured foundation.


 
Jörg Wuttke President of the European Chamber of Commerce in China says the overproduction and overcapacity of SOEs must stop. Otherwise tariffs need to be installed.


The commie overproduction problem. Today we have a new version of it see article above.

A side story - near all aprons in West Germany were from the GDR which had massive apron manufacturing overcapacities.

Or the Kombinat Sternradio which didn't sell 50 % of their radios but put them on storage for five years and then sold them for dumping prices or even scrapped them.

But the output target was met.
 
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The Government took over the insolvent company in 2020 just to be completely out of business by now.

The CCP master specialists destroyed 60% or more of the money trusted to them.
You work most of your life counting on a retirement pension to support you in your old age... then your gov't pisses it away. What a country!
 

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