China Thread

#229
#229
CG5InhAUkAAPc0i.jpg
 
#230
#230
volprof said:
If any of you China scholars in here are interested, "Foreign Affairs" magazine's May/June issue focuses on Chinese issues. It's entitled "China Now." Special articles target such issues as Chinese demographics, economics, politics, reform efforts, nationalism, culture, and minority persecution. Sprinkled in are some articles on other international issues, including Putin's attempt to break the Atlantic partnership.

Good reads.
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may actually have to go find this, see how much of their stuff lines up with mine.
 
#235
#235
Velo Vol said:
You wouldn't know here.

The $6.5 Trillion China Rally That’s Making Stock-Market History
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bubble.
As China’s boom surpasses the headiest days of the U.S. Internet bubble, signs of excess are cropping up everywhere. Mainland speculators have borrowed a record $348 billion to bet on further gains, novice investors are piling into shares at an unprecedented pace and price-to-earnings ratios have climbed to the highest levels in five years. The economy, meanwhile, is mired in its weakest expansion since 1990.
“We have a wonderful bubble on our hands,” said Michael Every, the head of financial markets research at Rabobank International in Hong Kong. “Of course, there’s short-term money to be made. But I fear it will not end well.”
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the way i understand it is that they only recently opened up their stock market, so it has no where to go but up. and as the one new market (remember how i have kept saying they have to find new venues for growth, this is one of them) this is going to get dried up real fast from over "consumption". Tiny worthless companies stock is skyrocketing because everyone is buying right now, when the real world sets in and balances things back out a lot of money is going to be lost. bubble and bloated, a starving man eating too much. danger ahead imo.
 
#237
#237
LouderVol said:
the way i understand it is that they only recently opened up their stock market, so it has no where to go but up. and as the one new market (remember how i have kept saying they have to find new venues for growth, this is one of them) this is going to get dried up real fast from over "consumption". Tiny worthless companies stock is skyrocketing because everyone is buying right now, when the real world sets in and balances things back out a lot of money is going to be lost. bubble and bloated, a starving man eating too much. danger ahead imo.
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Their bubble had been real estate. Guess this is the newest place to direct money.
 
#238
#238
Velo Vol said:
Their bubble had been real estate. Guess this is the newest place to direct money.
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another place where their over consumption is leading to issues. Turns out buying a lot of land in the desert regions in the north is a bad investment. even if they just built a super highway out there to a city only 30% occupied with no jobs.
 
#239
#239
LouderVol said:
another place where their over consumption is leading to issues. Turns out buying a lot of land in the desert regions in the north is a bad investment. even if they just built a super highway out there to a city only 30% occupied with no jobs.
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China grew too big too fast. While it was a marvel to behold, no country can grow that rapidly, from international backwaters to international behemoth (basically in just three decades), without major negative consequences at some point down the road.
 
#241
#241
LouderVol said:
another place where their over consumption is leading to issues. Turns out buying a lot of land in the desert regions in the north is a bad investment. even if they just built a super highway out there to a city only 30% occupied with no jobs.
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Part of the problem is that Chinese have been restricted in where they can invest money, and housing has been a default destination to dump it.
 
#242
#242
Velo Vol said:
Part of the problem is that Chinese have been restricted in where they can invest money, and housing has been a default destination to dump it.
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true communism vs capitalism. and they are trying to marry the two. WW3 was nearly fought over that issue and now it is happening within a country, no way it doesn't lead to internal division and strife.
 
#243
#243
Velo Vol said:
Must be nice to have billions of dollars to throw at these projects all around the globe.

China plans to build a 3,300 mile railway across South America - Business Insider
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all those projects are going to do way more damage to South America than good. the nicarguan canal is going to do zero for nicargua. the chinese have been shipped in by the thousands to work on that. and the chinese are already taking applications for those who want to work on it once complete. thats ignoring the enivromental issues and societial ones (displacing people, cutting the nation in half {china's right to use is a lot different than ours was with Panama} damage to water ways, and the lake in the east is ruined which is one of nicarguas biggest tourist draws as well as supplier of fish and bio diversity. its funny they don't mention the failed projects. Nicarguan super solar farm. Internet connection points for Ecuador (forget the nation but think thats right) They were going to build a dam in Argentina.

and for Brazil to Peru why not go south? i figure during the winter that route is bad, but seems to be a split going north through Panama than it would to go south. a little more time offset by cost of the canal? i am not sure on south american harvest times but figure when that happens the sea south isn't unpassable at that time. could be wrong.
 
#246
#246
LouderVol said:
some more disappearing acts perhaps?
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No. The Chinese govt. is not nearly as corrupt as the most corrupt govt. on Earth, the US. Only in the US would these people be murdered, tortured, or imprisoned by govt. agents.

Thank God we have defenders of human freedom like China looking out for us.
 
#247
#247
volprof said:
No. The Chinese govt. is not nearly as corrupt as the most corrupt govt. on Earth, the US. Only in the US would these people be murdered, tortured, or imprisoned by govt. agents.

Thank God we have defenders of human freedom like China looking out for us.
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i don't think Ras and Pacer visit this thread enough for the joke to be worth it.
 
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