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The China Politics Thread - Page 14

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emperorchampion
Profile Blog Joined December 2008
Canada9496 Posts
June 10 2022 15:09 GMT
#261
On June 10 2022 20:27 Manit0u wrote:
Because of the 0 COVID policy and all the lockdowns China is now facing a $1 trillion funding gap. They've lost over $370 billion in taxable income and $500 billion in land sales. Shenzen reported a 44% year-over-year drop in fiscal revenue and all the mass testing is encroaching on 2% of China's GDP.

This means huge debts and potential massive crisis down the line. Local governments will be in some deep problems come next year.

Where were you reading this?
TRUEESPORTS || your days as a respected member of team liquid are over
Sermokala
Profile Blog Joined November 2010
United States13858 Posts
June 10 2022 15:42 GMT
#262
2% of gdp is a level that I don't think you realize what it means.

A quick google and calculator says that's 294.4 billion dollars worth of testing. If china is spending 300 billion on testing 6 months into the year it's an incredible achievement in corruption we should celebrate.
A wise man will say that he knows nothing. We're gona party like its 2752 Hail Dark Brandon
Manit0u
Profile Blog Joined August 2004
Poland17238 Posts
Last Edited: 2022-06-10 16:04:29
June 10 2022 15:58 GMT
#263
On June 11 2022 00:09 emperorchampion wrote:
Show nested quote +
On June 10 2022 20:27 Manit0u wrote:
Because of the 0 COVID policy and all the lockdowns China is now facing a $1 trillion funding gap. They've lost over $370 billion in taxable income and $500 billion in land sales. Shenzen reported a 44% year-over-year drop in fiscal revenue and all the mass testing is encroaching on 2% of China's GDP.

This means huge debts and potential massive crisis down the line. Local governments will be in some deep problems come next year.

Where were you reading this?


https://www.msn.com/en-us/money/markets/china-faces-a-nearly-241-trillion-funding-gap-it-will-need-more-debt-to-fill-it/ar-AAXTJG0

On June 11 2022 00:42 Sermokala wrote:
2% of gdp is a level that I don't think you realize what it means.

A quick google and calculator says that's 294.4 billion dollars worth of testing. If china is spending 300 billion on testing 6 months into the year it's an incredible achievement in corruption we should celebrate.


Their spending on testing is estimated at 1.8% GDP at the moment.

https://www.bloomberg.com/news/articles/2022-05-06/china-s-regular-covid-testing-to-cost-1-8-of-gdp-nomura-says
Time is precious. Waste it wisely.
Sermokala
Profile Blog Joined November 2010
United States13858 Posts
Last Edited: 2022-06-10 16:11:44
June 10 2022 16:08 GMT
#264
Again I don't think you know how much money 265 billion dollars is if you seriously believe that number. that's more than their entire military budget And then 35 billion. thats a little less than the entire entertainment and fast food industry in America combined. Thats the entire GDP of Finland.

I can belive incredible levels of corruption exist but there is no way that china has the capability of spending 265 billion on testing. That source you're quoting is considering testing a majority of the Chinese population every two days. Thats some serious Mcdonalds shrimp salad levels of testing. its giving that number IF they decide to start doing it for a much larger section of their nation than they're doing. meaning that they aren't and its not even considered if they could.

Please my friend give some sort of consideration on these numbers.
A wise man will say that he knows nothing. We're gona party like its 2752 Hail Dark Brandon
Manit0u
Profile Blog Joined August 2004
Poland17238 Posts
Last Edited: 2022-06-10 16:11:29
June 10 2022 16:11 GMT
#265
I'm just reporting what I find. If it were actually true it would be nuts, I know. I wonder if there's any reliable source that could provide some insights into Chinese spending to confirm or dismiss those claims.
Time is precious. Waste it wisely.
JimmiC
Profile Blog Joined May 2011
Canada22817 Posts
June 10 2022 16:48 GMT
#266
--- Nuked ---
pmh
Profile Joined March 2016
1352 Posts
Last Edited: 2022-06-12 00:45:37
June 12 2022 00:44 GMT
#267
On June 10 2022 20:27 Manit0u wrote:
Because of the 0 COVID policy and all the lockdowns China is now facing a $1 trillion funding gap. They've lost over $370 billion in taxable income and $500 billion in land sales. Shenzen reported a 44% year-over-year drop in fiscal revenue and all the mass testing is encroaching on 2% of China's GDP.

This means huge debts and potential massive crisis down the line. Local governments will be in some deep problems come next year.


Chinas economic problem is not really a problem for them. It is mostly a problem for the USA that depends on imports from China to not have inflation spiral out of control. If China was to halt all exports to the USA then many different consumer goods would see triple digit inflation.

Chinas economic slowdown is inevitable either way for demographic reasons. The pandemic did speed up this process with maybe a few years. They are prepared for this and they want to make the transition from an export oriented growth economy to an economy that is more oriented towards domestic consumption.

It really is not a problem for them right now,if it was they would have dropped the zero covid policy. China holding on to zero covid policy is a far bigger problem for the USA then it is for China.
Sermokala
Profile Blog Joined November 2010
United States13858 Posts
Last Edited: 2022-06-12 04:10:51
June 12 2022 04:09 GMT
#268
I'm very curious on how you think china halting all exports to the USA won't cause more problems with china than the USA. Sure there might be triple digit inflation and that would cause an economic depression but the Chinese economy is export driven and is not the only maker of cheap goods in the world. Their economy would utterly collapse while the usa would recover in a decade maybe half a decade depending on how enthusiastically nations take advantage of such a vacuum.

While China is an export-driven economy they're also a wildly import-dependent country. They need middle eastern oil and western hemispheric food shipments. They have no ability to protect their trade outside of the south china sea. How would it be possible that china would be able to last a year in any sort of trade war with the USA?

And why do you think chinas economic problem isn't a problem for them? They've got a 300 billion dollar bomb in ever grande that's officially defaulted and they have a train system that is a trillion in debt with no way to turn a profit.
A wise man will say that he knows nothing. We're gona party like its 2752 Hail Dark Brandon
Blue Light
Profile Joined September 2020
Japan8 Posts
June 12 2022 07:23 GMT
#269
I can't stop shaking my head, feel sorry, and...
I'm out of words
1st have you been to China and actually live there?
(I have, I was sent there to learn the language for 1.5 year than back and fort for business)
2nd if you listen to Winston Sterzel a.k.a SerpentZA and believe things that he said...
(the dude is a conman and a white supremacist)
3rd if you listen to those anti China main stream media like Sky News, Fox, CNN, Washington Post, and other western main stream media about China... well...

From my experience, westerners, specially Americans have what non westerners consider brainwash by their government about their view of non western nation/people, and especially when it comes to China/Chinese (and Russian, which right now become a sensitive topic, sot gonna touch the Russia issue atm), maybe coz of those coldwar mentality still lingers on americans, western people in general or countries under heavy western influence like Japan or South Korea, so it's easy to convince those who were raise by western believe that every thing that those surviving eastern power do is bad, evil only by a snap of a finger.

China issue:

Taiwan? dude, it an ongoing civil war, leave them be, let them solve it by their own, US been meddling and try to influence china since before the WWII, putting their bets on sadly the loosing side who runs to Taiwan island, the time when US imperialism on China is long gone, US always love the weak and corrupt government of Taiwan coz US still have the dream of colonizing the entire east Asia, Japan, South Korea are practically under US control, I know some, countries, not china btw, even called Japan and Korea as US lapdog, only if only Taiwan can win their civil war, the dream will be fulfill, so until Taiwan wins, forever and ever Taiwan will be US tool, puppets and bargaining chip in regards of China

Xinjiang?
Been to Xinjiang. 3 times, 1 with a tour group, twice for business visit to buy and sign deals with the Xinjiang locals, not Han Chinese, but an actually Xinjiang local farmers and businessman, base on what I saw, how the people living their lives, those abuse, oppressions story by those east Turkmenistan activist, free Xinjiang, etc etc make me wanna puke! Xinjiang human right issue are totally made up, funded by NED, while the NED is funded by the US state Department...
just google it yourself, I quote some I found by goggling it
"This allocation comes from within the budget of USAID, the U.S. agency for development assistance, which is part of the U.S. State Department."
"22 Jan 2004 — Though the NED is officially a private, nongovernmental organization, it gets the lion's share of its funding from the U.S. Treasury; last year, "
Testimony, from those so called witness who escape Xinjiang, after what happens with the testimony leading to invasion of Iraq & the fact that they are part of a movement group made by NED, well, IMO they are the joke of the century.
not buying any of it or the drama which they still trying HARD to sell

HongKong?
China lost the opium war, force to sign the Unequal treaty (en.wikipedia.org), hongkong is part of china, was just taken by force, got rape, and end up experiencing Stockholm syndrome, loving their british/western captors, never once during British occupation hongkongers ever given chance to have an election, now that hongkong do have an election the western countries said democracy being suppress in hongkong, get real...
Hongkong riots before covid and how the it was dealt? izzit a violation of humans rights or izzit those rioters just wayyyyy out of line? here is one to consider, not from chinese media, but from western media www.youtube.com
And, why not comparing the latest riot with 1967 Hong Kong riots under british rule and how it was handle by the democratic western system?

0-Covid
All I know from my Chinese colleague there, it's not how its describe by the western media, it's more of trying to prevent incontrollable spread, there will be case, but how to manage it from spreading like crazy, extreme case like Shanghai lockdown is the last resort.
The goals of their 0-Covid strategy is to buy time for the virus to die down or under control or until there is a more effective vaccine, medication or treatment, so, the number of cases won't go crazy like in the US,
if I remember correctly, the number of covid cases in the US is around 25% of the total population,
if say the same percentage applied on China 1.4 billion population,
it will be 350 million cases,
with this days covid mortality rate of 1.3%,
it will be 4.5million people dead,
the 0-Covid strategy and lockdown in an extreme case, actually saves millions of Chinese people lives

FYI, I'm not pro China or anti West, nothing is perfect,
the only reason I reply to this issue simply becoz the argument is dead wrong,
people get fooled easily when it comes to china issue,
I admit, before I went to China, I was one of China hatters, things change when I actually comes there, and willing to actually look for more information before I took the poisonous words come from the western mainstream media or those like SerpentZA (I was his subscriber before I went to China myself lol)

It's hard to see the truth when all the information you receive are all unbalance, wrong, and in the end, I believe you end up with what Psychologist called Cognitive bias (I think, I'm not a Psychologist, just remember someone talk about it somewhere)
In the end we believe what we want to believe,
so... Peace dudes

User was banned for this post.
JimmiC
Profile Blog Joined May 2011
Canada22817 Posts
June 12 2022 13:26 GMT
#270
--- Nuked ---
Sermokala
Profile Blog Joined November 2010
United States13858 Posts
June 12 2022 13:39 GMT
#271
You can't say that anyone critical of China is brainwashed and that all criticism is western state-funded propaganda, then try to say at the end that you're not pro china or anti west. That isn't how logic works at all.

Do you seriously think those arguments are persuasive at all?
A wise man will say that he knows nothing. We're gona party like its 2752 Hail Dark Brandon
KwarK
Profile Blog Joined July 2006
United States42495 Posts
June 12 2022 15:40 GMT
#272
On June 12 2022 16:23 Blue Light wrote:
I can't stop shaking my head, feel sorry, and...
I'm out of words
1st have you been to China and actually live there?
(I have, I was sent there to learn the language for 1.5 year than back and fort for business)
2nd if you listen to Winston Sterzel a.k.a SerpentZA and believe things that he said...
(the dude is a conman and a white supremacist)
3rd if you listen to those anti China main stream media like Sky News, Fox, CNN, Washington Post, and other western main stream media about China... well...

From my experience, westerners, specially Americans have what non westerners consider brainwash by their government about their view of non western nation/people, and especially when it comes to China/Chinese (and Russian, which right now become a sensitive topic, sot gonna touch the Russia issue atm), maybe coz of those coldwar mentality still lingers on americans, western people in general or countries under heavy western influence like Japan or South Korea, so it's easy to convince those who were raise by western believe that every thing that those surviving eastern power do is bad, evil only by a snap of a finger.

China issue:

Taiwan? dude, it an ongoing civil war, leave them be, let them solve it by their own, US been meddling and try to influence china since before the WWII, putting their bets on sadly the loosing side who runs to Taiwan island, the time when US imperialism on China is long gone, US always love the weak and corrupt government of Taiwan coz US still have the dream of colonizing the entire east Asia, Japan, South Korea are practically under US control, I know some, countries, not china btw, even called Japan and Korea as US lapdog, only if only Taiwan can win their civil war, the dream will be fulfill, so until Taiwan wins, forever and ever Taiwan will be US tool, puppets and bargaining chip in regards of China

Xinjiang?
Been to Xinjiang. 3 times, 1 with a tour group, twice for business visit to buy and sign deals with the Xinjiang locals, not Han Chinese, but an actually Xinjiang local farmers and businessman, base on what I saw, how the people living their lives, those abuse, oppressions story by those east Turkmenistan activist, free Xinjiang, etc etc make me wanna puke! Xinjiang human right issue are totally made up, funded by NED, while the NED is funded by the US state Department...
just google it yourself, I quote some I found by goggling it
"This allocation comes from within the budget of USAID, the U.S. agency for development assistance, which is part of the U.S. State Department."
"22 Jan 2004 — Though the NED is officially a private, nongovernmental organization, it gets the lion's share of its funding from the U.S. Treasury; last year, "
Testimony, from those so called witness who escape Xinjiang, after what happens with the testimony leading to invasion of Iraq & the fact that they are part of a movement group made by NED, well, IMO they are the joke of the century.
not buying any of it or the drama which they still trying HARD to sell

HongKong?
China lost the opium war, force to sign the Unequal treaty (en.wikipedia.org), hongkong is part of china, was just taken by force, got rape, and end up experiencing Stockholm syndrome, loving their british/western captors, never once during British occupation hongkongers ever given chance to have an election, now that hongkong do have an election the western countries said democracy being suppress in hongkong, get real...
Hongkong riots before covid and how the it was dealt? izzit a violation of humans rights or izzit those rioters just wayyyyy out of line? here is one to consider, not from chinese media, but from western media www.youtube.com
And, why not comparing the latest riot with 1967 Hong Kong riots under british rule and how it was handle by the democratic western system?

0-Covid
All I know from my Chinese colleague there, it's not how its describe by the western media, it's more of trying to prevent incontrollable spread, there will be case, but how to manage it from spreading like crazy, extreme case like Shanghai lockdown is the last resort.
The goals of their 0-Covid strategy is to buy time for the virus to die down or under control or until there is a more effective vaccine, medication or treatment, so, the number of cases won't go crazy like in the US,
if I remember correctly, the number of covid cases in the US is around 25% of the total population,
if say the same percentage applied on China 1.4 billion population,
it will be 350 million cases,
with this days covid mortality rate of 1.3%,
it will be 4.5million people dead,
the 0-Covid strategy and lockdown in an extreme case, actually saves millions of Chinese people lives

FYI, I'm not pro China or anti West, nothing is perfect,
the only reason I reply to this issue simply becoz the argument is dead wrong,
people get fooled easily when it comes to china issue,
I admit, before I went to China, I was one of China hatters, things change when I actually comes there, and willing to actually look for more information before I took the poisonous words come from the western mainstream media or those like SerpentZA (I was his subscriber before I went to China myself lol)

It's hard to see the truth when all the information you receive are all unbalance, wrong, and in the end, I believe you end up with what Psychologist called Cognitive bias (I think, I'm not a Psychologist, just remember someone talk about it somewhere)
In the end we believe what we want to believe,
so... Peace dudes

It’s unfortunate that you spent all that time writing that post when it could have been spent productively.
ModeratorThe angels have the phone box
Manit0u
Profile Blog Joined August 2004
Poland17238 Posts
June 12 2022 16:23 GMT
#273
I find it baffling that people still come up with arguments like "You can't comment on a country unless you've lived in it for many years yourself."
Time is precious. Waste it wisely.
JimmiC
Profile Blog Joined May 2011
Canada22817 Posts
June 12 2022 16:24 GMT
#274
--- Nuked ---
Manit0u
Profile Blog Joined August 2004
Poland17238 Posts
June 12 2022 21:48 GMT
#275
I think they're just CCP mouthpiece "bots" that scour the Internet in search of posts and comments that are not in line with whatever the party is saying and trying to derail and discredit everything.
Time is precious. Waste it wisely.
[JXSA].Zergling
Profile Joined July 2020
China186 Posts
June 13 2022 02:32 GMT
#276
1,Most Chinese people love their country,Not everyone loves their government and the Communist Party。Many people who are not familiar with China do not know this。
2,A small number of Chinese people come here to debate, not for the sake of the Chinese government, but just to share the facts of China normally. Or a small number of people who come to China to live, work and study also say what China is like. They are forbidden.
3,I have not the slightest comment on your criticism of the Chinese government or the Communist Party of China. The only thing I have to say is that you slander China. Some false information has shielded your eyes.

Samsakzerg
Profile Joined October 2019
61 Posts
Last Edited: 2022-06-13 02:57:51
June 13 2022 02:48 GMT
#277
On June 13 2022 11:32 [JXSA].Zergling wrote:
1,Most Chinese people love their country,Not everyone loves their government and the Communist Party。Many people who are not familiar with China do not know this。
2,A small number of Chinese people come here to debate, not for the sake of the Chinese government, but just to share the facts of China normally. Or a small number of people who come to China to live, work and study also say what China is like. They are forbidden.
3,I have not the slightest comment on your criticism of the Chinese government or the Communist Party of China. The only thing I have to say is that you slander China. Some false information has shielded your eyes.



I am an Uyghur from Xinjiang China, I lived there for nearly 20 years before moving to a western country.

Can I talk about China? Can I talk about Xinjiang and Uyghurs?

I think you cant say I dont have any idea about china, not familiar with china etc right?

No one is saying shit about China, the Chinese nation, the people, or the Han chinese. People are debating some unfortunate mistakes that are occuring right now in China.

All countries in this world make mistakes, some learn from them, some dont. Some commit the same mistakes as others and blame the others for it, "you did it, I will do it too"

It is more dispicble knowing something is wrong from history yet still comitting it.

Uyghurs, Tibetans, Taiwanese and HongKongers don't want to be part of China. It is a fact. China should take their money and development and the China dream back to mainland China, be happy and prosper, but leave the others alone who dont want to be part of it.
gobbledydook
Profile Joined October 2012
Australia2602 Posts
June 13 2022 03:38 GMT
#278
On June 13 2022 11:48 Samsakzerg wrote:
Show nested quote +
On June 13 2022 11:32 [JXSA].Zergling wrote:
1,Most Chinese people love their country,Not everyone loves their government and the Communist Party。Many people who are not familiar with China do not know this。
2,A small number of Chinese people come here to debate, not for the sake of the Chinese government, but just to share the facts of China normally. Or a small number of people who come to China to live, work and study also say what China is like. They are forbidden.
3,I have not the slightest comment on your criticism of the Chinese government or the Communist Party of China. The only thing I have to say is that you slander China. Some false information has shielded your eyes.



I am an Uyghur from Xinjiang China, I lived there for nearly 20 years before moving to a western country.

Can I talk about China? Can I talk about Xinjiang and Uyghurs?

I think you cant say I dont have any idea about china, not familiar with china etc right?

No one is saying shit about China, the Chinese nation, the people, or the Han chinese. People are debating some unfortunate mistakes that are occuring right now in China.

All countries in this world make mistakes, some learn from them, some dont. Some commit the same mistakes as others and blame the others for it, "you did it, I will do it too"

It is more dispicble knowing something is wrong from history yet still comitting it.

Uyghurs, Tibetans, Taiwanese and HongKongers don't want to be part of China. It is a fact. China should take their money and development and the China dream back to mainland China, be happy and prosper, but leave the others alone who dont want to be part of it.


It's not true, even today, to say that Hong Kongers do not want to be part of China. There is indeed a small but vocal voice that demands independence but that is still outside the mainstream. Most Hong Kongers just want to be left alone to govern their own affairs and live their lives.
I am a dirty Protoss bullshit abuser
Sermokala
Profile Blog Joined November 2010
United States13858 Posts
June 13 2022 03:53 GMT
#279
On June 13 2022 12:38 gobbledydook wrote:
Show nested quote +
On June 13 2022 11:48 Samsakzerg wrote:
On June 13 2022 11:32 [JXSA].Zergling wrote:
1,Most Chinese people love their country,Not everyone loves their government and the Communist Party。Many people who are not familiar with China do not know this。
2,A small number of Chinese people come here to debate, not for the sake of the Chinese government, but just to share the facts of China normally. Or a small number of people who come to China to live, work and study also say what China is like. They are forbidden.
3,I have not the slightest comment on your criticism of the Chinese government or the Communist Party of China. The only thing I have to say is that you slander China. Some false information has shielded your eyes.



I am an Uyghur from Xinjiang China, I lived there for nearly 20 years before moving to a western country.

Can I talk about China? Can I talk about Xinjiang and Uyghurs?

I think you cant say I dont have any idea about china, not familiar with china etc right?

No one is saying shit about China, the Chinese nation, the people, or the Han chinese. People are debating some unfortunate mistakes that are occuring right now in China.

All countries in this world make mistakes, some learn from them, some dont. Some commit the same mistakes as others and blame the others for it, "you did it, I will do it too"

It is more dispicble knowing something is wrong from history yet still comitting it.

Uyghurs, Tibetans, Taiwanese and HongKongers don't want to be part of China. It is a fact. China should take their money and development and the China dream back to mainland China, be happy and prosper, but leave the others alone who dont want to be part of it.


It's not true, even today, to say that Hong Kongers do not want to be part of China. There is indeed a small but vocal voice that demands independence but that is still outside the mainstream. Most Hong Kongers just want to be left alone to govern their own affairs and live their lives.

Too bad the Chinese government explicitly won't leave them alone to their own affairs and to let them live their lives. Its almost like you have no idea what the basic problem is. Speaking of...

On June 13 2022 11:32 [JXSA].Zergling wrote:
1,Most Chinese people love their country,Not everyone loves their government and the Communist Party。Many people who are not familiar with China do not know this。
2,A small number of Chinese people come here to debate, not for the sake of the Chinese government, but just to share the facts of China normally. Or a small number of people who come to China to live, work and study also say what China is like. They are forbidden.
3,I have not the slightest comment on your criticism of the Chinese government or the Communist Party of China. The only thing I have to say is that you slander China. Some false information has shielded your eyes.


You can't say you have no comment on someones criticism of the CCP and then say that someone is slandering china and that they have false information shielding their eyes. Many people are very clear about the concept of loving their country and not the political party controlling it. Thats literally what happens every 4-28 (Jeffersonian dem-reps) in America.

2 is just nonsense.
A wise man will say that he knows nothing. We're gona party like its 2752 Hail Dark Brandon
Simberto
Profile Blog Joined July 2010
Germany11458 Posts
June 13 2022 07:54 GMT
#280
On June 13 2022 11:32 [JXSA].Zergling wrote:
1,Most Chinese people love their country,Not everyone loves their government and the Communist Party。Many people who are not familiar with China do not know this。
2,A small number of Chinese people come here to debate, not for the sake of the Chinese government, but just to share the facts of China normally. Or a small number of people who come to China to live, work and study also say what China is like. They are forbidden.
3,I have not the slightest comment on your criticism of the Chinese government or the Communist Party of China. The only thing I have to say is that you slander China. Some false information has shielded your eyes.



Wait, are you just unaware of the "country does" shorthand which is commonly used in English?

If someone says "Germany does X", they usually don't mean every German citizen or the whole country of Germany does X. Depending on context, this can mean the German government does X, some people in Germany does X, a German company does X, or the country of Germany as an entity does X.

So if people say "China does shitty thing", they don't mean every chinese person does the shitty thing. They usually mean the chinese government, or interchangeably the communist party, does the shitty thing.
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