China Thread

Evergrande may have been covered earlier, but this article is rich.

5 Lessons Evergrande Taught Us About The Chinese Economy

2) China's property bubble has created spooky "ghost cities" throughout the nation

The Chinese property bubble, which observers have been talking about for years, has encouraged more and more speculation, with investors buying up properties with no intention of living in them. Unfinished and vacant buildings and apartments litter the provinces of China. Estimates vary, but around 20% of China's total housing stock now sits unoccupied. The Financial Times says there is now enough vacant property in the nation to house more than 90 million people. That's enough empty homes to fit the entire population of Canada. Or France. Or Germany.

In some cases, entire urban areas lie empty. These "ghost cities" include replicas of Paris, Venice and even Jackson Hole, Wyo.

The Communist Party of China has been aware of the dangers posed by its wild real estate market for some time. In 2017, President Xi Jinping began signaling he wanted to do something about it with a speech to the 19th Party Congress. He said, "Houses are built to be inhabited, not for speculation."

I never thought I'd agree with the CCP, but that sentence is absolutely correct. That's also something people across the globe need to understand about markets and investments. Skimming increases the product cost ... just like taxes and energy. Higher costs affect demand negatively. Corporate executives who amass fortunes based on short term profits destroy companies in the long term.
 
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Boy, we are all screwed. If the Commies overtake Taiwan, they will hold the world hostage for the semiconductor chips.

Does anyone truly feel we, or anyone, would intervene on Taiwan’s behalf?
 
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What say you, my VN brethren???

Should the WSJ be lauded as great journalists and whistleblowers for making HUGELY public the clandestine operations which civilians know nothing about.....

Or tarred and feathered for their treasonous actions...aiding our enemies (China) by revealing secret training of our allies in the never ending war against communism and the few countries still embracing that terrible ideology (again, China) ????

Are they to be praised or prosecuted?

How many lives were endangered by this artice since it will certainly anger China and put all of Taiwan and the US military in harms way?

When does freedom of the press get trumped by matters of national security???

Why the Hell would they print this knowing that under this pansy administration, China is just searching for ANY excuse to invade Taiwan knowing Biden will do absolutely NOTHING to bite the hand that made him and family rich????

NO WAY to plead ignorance by the WSJ...the author and editor for that piece should be locked up for knowingly undermining US military strategies to strengthen our allies and defend against our strongest enemy in the ChiComs!
 
What say you, my VN brethren???

Should the WSJ be lauded as great journalists and whistleblowers for making HUGELY public the clandestine operations which civilians know nothing about.....

Or tarred and feathered for their treasonous actions...aiding our enemies (China) by revealing secret training of our allies in the never ending war against communism and the few countries still embracing that terrible ideology (again, China) ????

Are they to be praised or prosecuted?

How many lives were endangered by this artice since it will certainly anger China and put all of Taiwan and the US military in harms way?

When does freedom of the press get trumped by matters of national security???

Why the Hell would they print this knowing that under this pansy administration, China is just searching for ANY excuse to invade Taiwan knowing Biden will do absolutely NOTHING to bite the hand that made him and family rich????

NO WAY to plead ignorance by the WSJ...the author and editor for that piece should be locked up for knowingly undermining US military strategies to strengthen our allies and defend against our strongest enemy in the ChiComs!
Not so sure it wasn’t purposely leaked to let CCP know that attack might result in US casualties
just spitballing
 
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How many lives were endangered by this artice since it will certainly anger China and put all of Taiwan and the US military in harms way?

I haven't read the article yet. Quite frankly, I don't think it will matter at all. I have predicted for a couple months now that China will invade Taiwan in late December 2021 while Americans are busy celebrating Christmas. Joe Biden is a feckless, incompetent coward, and China knows it. Americans are endangered every day he remains in office.
 
What say you, my VN brethren???

Should the WSJ be lauded as great journalists and whistleblowers for making HUGELY public the clandestine operations which civilians know nothing about.....

Or tarred and feathered for their treasonous actions...aiding our enemies (China) by revealing secret training of our allies in the never ending war against communism and the few countries still embracing that terrible ideology (again, China) ????

Are they to be praised or prosecuted?

How many lives were endangered by this artice since it will certainly anger China and put all of Taiwan and the US military in harms way?

When does freedom of the press get trumped by matters of national security???

Why the Hell would they print this knowing that under this pansy administration, China is just searching for ANY excuse to invade Taiwan knowing Biden will do absolutely NOTHING to bite the hand that made him and family rich????

NO WAY to plead ignorance by the WSJ...the author and editor for that piece should be locked up for knowingly undermining US military strategies to strengthen our allies and defend against our strongest enemy in the ChiComs!

This was no secret to the Chinese.
 
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