China Thread

[Electric Orange]

 

[Orangeburst]

Guess libs wont get in.

 

[Franklin Pierce]

Nike Exec Assures China: ‘Nike Is a Brand That Is of China and for China’

Nike CEO John Donahoe rushed to reassure China’s communist rulers that his sportswear company is all about working with them, saying that, “Nike is a brand that is of China and for China.”

Donahoe made his comments during a phone conference with Wall Street analysts about Nike’s fourth-quarter earnings report.

According to the BBC, Donahoe told analysts that the recent report showed revenues doubled to $12.3 billion, beating expectations. The revenue helped push Nike to a $1.5 billion profit compared to the $790 million loss the sports apparel giant suffered at end of 2020.

Donahoe also reported that revenue in China alone had risen to $1.9 billion, though that missed the expected $2.2 billion.

Regardless, Donahoe insisted that China was a vital part of Nike’s customer base. “We’ve always taken a long-term view. We’ve been in China for over 40 years,” Donahoe said, adding that Nike co-founder Phil Knight “invested significant time and energy in China in the early days, and today we’re the largest sport brand there.”

The reassurances, though, come on the heels of Nike’s March statement expressing only mild concern about the ongoing oppression of China’s Uyghur minority.

Despite its proclamation that it has worked to make sure its products are not made with slave labor, Nike also lobbied against a bill in Congress that would place a ban on goods produced by the slave labor in camps in China’s Xinjiang region.

Nike Exec Assures China: 'Nike Is a Brand That Is of China and for China'

 

[Orangeburst]

American and other Western companies moving out of China (msn.com)

Please

 

[Velo Vol]

An OAN-quality segment here.

 

[Vol737]

I don’t believe for one second this or anything else is beneath China. But our military will get all woke and show them!

China Discussed Making Bioweapons To Target ‘Races,’ Covertly Launching Attack With Asymptomatic Spread: Report

 

[Orangeburst]

China Blasts Japan After Official Sounds Beijing Threat 'Wake Up' Call (msn.com)

 

[Franklin Pierce]

Communists Pack Tiananmen Square, Site of Historic Massacre, on 100th Anniversary

The Chinese Communist Party (CCP or CPC) packed Tiananmen Square with celebrants Wednesday to hear a speech from President Xi Jinping on the 100th anniversary of the Party’s founding.

Communists Pack Tiananmen Square, Site of Massacre, on 100th Anniversary

 

[Franklin Pierce]

Report: China Building over a Hundred ICBM Silos in Western Desert

A study of satellite images produced by the James Martin Center for Nonproliferation Studies in California this week revealed China is constructing over 100 new silos for intercontinental ballistic missiles (ICBM) in the northwestern desert of Gansu province.

“The acquisition of more than 100 new missile silos, if completed, would represent a historic shift for China, a country that is believed to possess a relatively modest stockpile of between 250 and 350 nuclear weapons. The actual number of new missiles intended for those silos is unknown but could be much smaller. China has deployed decoy silos in the past,” the Washington Post noted Wednesday.

The James Martin Center spotted 119 construction sites laid out in a grid over hundreds of square miles near the Chinese city of Yuman, with each launch site separated from its closest neighbor by at least two miles.

About two dozen more silos are being built in other locations. The sites are “nearly identical” to each other – and to existing Chinese nuclear missile launch facilities. The new silos are big enough to hold Chinese DF-41 ICBMs, a relatively new design capable of reaching the United States with multiple nuclear warheads.

Report: China Building over a Hundred ICBM Silos in Western Desert

 

[Orangeburst]

China Blasts U.S. as Source of Afghanistan's Problems Amid Troop Drawdown (msn.com)

Hope the Afghan "climate" spills over to the CCP. Only good thing that comes out of "this whole ****** mess"

 

[Orangeburst]

Report: China Building over a Hundred ICBM Silos in Western Desert

A study of satellite images produced by the James Martin Center for Nonproliferation Studies in California this week revealed China is constructing over 100 new silos for intercontinental ballistic missiles (ICBM) in the northwestern desert of Gansu province.

“The acquisition of more than 100 new missile silos, if completed, would represent a historic shift for China, a country that is believed to possess a relatively modest stockpile of between 250 and 350 nuclear weapons. The actual number of new missiles intended for those silos is unknown but could be much smaller. China has deployed decoy silos in the past,” the Washington Post noted Wednesday.

The James Martin Center spotted 119 construction sites laid out in a grid over hundreds of square miles near the Chinese city of Yuman, with each launch site separated from its closest neighbor by at least two miles.

About two dozen more silos are being built in other locations. The sites are “nearly identical” to each other – and to existing Chinese nuclear missile launch facilities. The new silos are big enough to hold Chinese DF-41 ICBMs, a relatively new design capable of reaching the United States with multiple nuclear warheads.

Report: China Building over a Hundred ICBM Silos in Western Desert

Thanks to corporate America, and both parties actually, we will have 100 ICBM's aimed at America. Lunacy. Money is the root of all evil.

 

[AM64]

Thanks to corporate America, and both parties actually, we will have 100 ICBM's aimed at America. Lunacy. Money is the root of all evil.

Playing globalism with China is like building your own scaffold and digging your own grave. Pretty stupid if you think about it. Somebody else benefits from your work and still kills you in the end.

 

[Orangeburst]

Playing globalism with China is like building your own scaffold and digging your own grave. Pretty stupid if you think about it. Somebody else benefits from your work and still kills you in the end.

Member this one?

 

[Orangeburst]

 

[Orangeburst]

China marks Communist Party centennial with warning from Xi (msn.com)

Chinese President Xi Jinping declared in front of tens of thousands gathered in Tiananmen Square that foreign powers attempting to bully his country will "get their heads bashed" and that they'll be met with a "great wall of steel."

 

[AM64]

China marks Communist Party centennial with warning from Xi (msn.com)

Chinese President Xi Jinping declared in front of tens of thousands gathered in Tiananmen Square that foreign powers attempting to bully his country will "get their heads bashed" and that they'll be met with a "great wall of steel."

Quit trading with China. Without income flowing in, see how long that rhetoric lasts. We're funding their military and ambitions.

 

[Orangeburst]

Quit trading with China. Without income flowing in, see how long that rhetoric lasts. We're funding their military and ambitions.

1.3B>150M

 

[AM64]

1.3B>150M

Without foreign trade and access to foreign resources, that's a lot of people to employ and mouths to feed. Chinese communism will fail just like communism everywhere when the government doesn't get to sponsor "capitalism" and "free" trade.

 

[RavinDave]

Nike Exec Assures China: ‘Nike Is a Brand That Is of China and for China’

Nike CEO John Donahoe rushed to reassure China’s communist rulers that his sportswear company is all about working with them, saying that, “Nike is a brand that is of China and for China.”

Donahoe made his comments during a phone conference with Wall Street analysts about Nike’s fourth-quarter earnings report.

According to the BBC, Donahoe told analysts that the recent report showed revenues doubled to $12.3 billion, beating expectations. The revenue helped push Nike to a $1.5 billion profit compared to the $790 million loss the sports apparel giant suffered at end of 2020.

Donahoe also reported that revenue in China alone had risen to $1.9 billion, though that missed the expected $2.2 billion.

Regardless, Donahoe insisted that China was a vital part of Nike’s customer base. “We’ve always taken a long-term view. We’ve been in China for over 40 years,” Donahoe said, adding that Nike co-founder Phil Knight “invested significant time and energy in China in the early days, and today we’re the largest sport brand there.”

The reassurances, though, come on the heels of Nike’s March statement expressing only mild concern about the ongoing oppression of China’s Uyghur minority.

Despite its proclamation that it has worked to make sure its products are not made with slave labor, Nike also lobbied against a bill in Congress that would place a ban on goods produced by the slave labor in camps in China’s Xinjiang region.

Nike Exec Assures China: 'Nike Is a Brand That Is of China and for China'

Eff Nike

 

[Velo Vol]

Quit trading with China. Without income flowing in, see how long that rhetoric lasts. We're funding their military and ambitions.

What are they funding here?

 

[AM64]

What are they funding here?

Not a damn thing. The Chinese take.

 

[allvol123]

What are they funding here?

Politicans I would bet.

 

[Velo Vol]

Not a damn thing. The Chinese take.

Trade is a voluntary transaction that benefits both sides.

 

[AM64]

Trade is a voluntary transaction that benefits both sides.

Not when it's manipulated. However, in your defense a big portion of our global trade problems have a lot to do with manipulated labor rates here in the US. Unions and government complicity have driven our labor rates to the point we are uncompetitive with the rest of the world. You simply cannot fight low standards of living that permit low wages elsewhere, uncompetitive business tax rates at home, government that props up labor rates by various mechanisms, government subsidies elsewhere, and be competitive in global trade - that's without even touching on the shambles we've made of education and work ethic. It's like building a mansion in a lower middle class neighborhood and expecting it to sell for the same as it would in a very upscale elite neighborhood.

We played this same game with the Japanese over the years, and it led to a logical conclusion. The Japanese economy did much the same that ours did when some semblance of sanity still prevailed, and they've become less competitive from a manufacturing standpoint because the standard of living blossomed. It's interesting to study higher end Japanese audio equipment. Home market stuff is better and built for Japan in Japan; the export stuff is built in places like China - the Japanese still expect and demand quality. China is about manipulated trade, income for the communist party running the place (the military to a great extent), and theft of any idea, design, or manufacturing concept they can get their hands on. What's really amazing is that our liberals rave about the environment and turn a blind eye to China; when you don't have environmental regulations preventing rape of the environment, costs tumble. Top corporate levels are happy as pigs in slop with globalism; in the short term they can make out like bandits selling tons of cheap goods to people expecting the quality and prices they used to pay for better stuff.

 

[SpaceCoastVol]

What are they funding here?