- Joined
- Apr 9, 2019
- Messages
- 751
- Points
- 178
Yeah we've been told to expect another 15% increase in price for steel. will have doubled in price of the last 12 months.
And still waiting on deliverys from august.
-
We are implementing a new rule regarding the posting of social media links and Youtube videos, the rule is simple if you are posting these links please say something about it rather than just dropping what we call a "drive by Link", a comment on your thoughts about the content must be included. Thank you
Politics China's Economy and Politics
- Thread starter Picanha
- Start date
And still waiting on deliverys from august.
- Joined
- Aug 26, 2019
- Messages
- 3,762
- Points
- 288
Thats the result when embedding communists in your supply chain.
In 2001 Thyssen Krupp sold a whole steel plant to China.
Just slide the rulers in the pictures left and right to see the difference in Germany and China.
www.wiwo.de
In 2001 Thyssen Krupp sold a whole steel plant to China.
Just slide the rulers in the pictures left and right to see the difference in Germany and China.
WirtschaftsWoche
- Joined
- Mar 8, 2018
- Messages
- 9,558
- Points
- 348
Did i hear her right ??
300 billion in debt Evergrand is
300 billion in debt Evergrand is
- Joined
- Feb 2, 2018
- Messages
- 11,306
- Points
- 328
- Joined
- Apr 15, 2019
- Messages
- 13,872
- Points
- 338
- Joined
- Jan 31, 2020
- Messages
- 7,799
- Points
- 259
Evergrande teeters on edge of default as $148 mln payment falls due
Some bondholders of cash-strapped China Evergrande Group have not received coupon payments by the end of 30-day grace periods at close of Asia business on Wednesday, sources said, pushing the developer again to the edge of default.
- Joined
- Aug 26, 2019
- Messages
- 3,762
- Points
- 288
Communists lying as always.....dumb is the one who trusts them.
www.comdirect.de
China Evergrande Group, the second largest real estate developer in China, defaulted on interest payments on two bonds back in September, with the 30-day grace period still ending in October. However, shortly before the end of the grace period, the public was misled by rumors about alleged interest payments. The international media also took the rumors at face value. Only the DMSA - Deutsche Marktscreening Agentur (German Market Screening Agency) recognized the default at that time and proved in a study that the bankruptcy of Evergrande, the world's most indebted corporation, could ultimately lead to a "Great Reset", i.e. the final meltdown of the global financial system.
Translated with www.DeepL.com/Translator (free Version)
Informer - Kurse, Charts & News von der Börse | comdirect Informer
Aktuelle Kurse, Charts & News vom Finanzmarkt - Aktien, Fonds, Anleihen, Optionsscheine & Zertifikate im Marktüberblick ► zum comdirect Informer
www.comdirect.de
China Evergrande Group, the second largest real estate developer in China, defaulted on interest payments on two bonds back in September, with the 30-day grace period still ending in October. However, shortly before the end of the grace period, the public was misled by rumors about alleged interest payments. The international media also took the rumors at face value. Only the DMSA - Deutsche Marktscreening Agentur (German Market Screening Agency) recognized the default at that time and proved in a study that the bankruptcy of Evergrande, the world's most indebted corporation, could ultimately lead to a "Great Reset", i.e. the final meltdown of the global financial system.
Translated with www.DeepL.com/Translator (free Version)
- Joined
- Apr 14, 2019
- Messages
- 10,217
- Points
- 284
- Joined
- Apr 15, 2019
- Messages
- 13,872
- Points
- 338
China's homebuilders in for a reckoning as Evergrande faces default
The world is focused on whether Evergrande's collapse represents a moment of systemic peril.
www.axios.com
At least four Chinese housing developers have formally entered default for not making interest or principal payments on their dollar bonds.
- Joined
- Aug 26, 2019
- Messages
- 3,762
- Points
- 288
Do not worry comrades.
All is good disaster avoided, no more worries:
Chairman Xi becomes now the new "helmsman"
m.faz.net
China's head of state is awarded a title previously held only by Mao. In addition, the party declares him the mastermind of an "innovative philosophy. This makes it clear that he wants to stay in power even longer.
Xi Jinping has a new title that was previously reserved only for Mao Tse-tung, the founder of the Republic: helmsman. It was awarded to the incumbent state and party leader on Friday at a press conference of the Central Committee of the Communist Party of China. "If we resolutely uphold General Secretary Xi Jinping's position as the core of the party (...), the great steering wheel of the Chinese nation's resurgence will have a helmsman," said Jiang Jinquan, head of the Central Policy Research Center of the Central Committee. The press conference was part of an elaborate choreography to enthrone Xi Jinping as the unchallenged
However, history was only marginally discussed. The representatives of the Central Committee spelled out the most important cornerstones of Xi Jinping's ruling ideology. System competition with the West plays an important role. Western democracies are "the rule of capital and the rich," one of the speakers said. Americans' dissatisfaction with their system is increasing, while Chinese satisfaction with their government is 98 percent, he said.
Xi Jinping, on the other hand, is portrayed as someone who has successfully reformed the Chinese political system thanks to his "extraordinary political wisdom." The Chinese need for international recognition is to be satisfied by "portraying China as more credible, lovable and respectable." The formulation comes from Xi Jinping, but it clashes with his call for China's diplomats not to avoid a fight.
One means to this end: "the unification of thought," for example through an app that party cadres are to use to memorize Xi's ideas. Xi Jinping also wants the party's myths to be a binding agent that holds the diverging society together and brings the materialistically minded youth in line. In addition, Xi Jinping has also rediscovered old Chinese traditions that were still frowned upon as bourgeois under Mao.
Translated with www.DeepL.com/Translator (free version)
Sounds like GDR 2.0 ?
All is good disaster avoided, no more worries:
Chairman Xi becomes now the new "helmsman"
Chinas Regierung: Xi Jinping wird zum Steuermann ernannt
Chinas Staatschef wird ein Titel verliehen, den vorher nur Mao inne hatte. Außerdem erklärt ihn die Partei zum Vordenker einer „innovativen Philosophie“. Damit wird klar, dass er noch länger an der Macht bleiben will.
m.faz.net
China's head of state is awarded a title previously held only by Mao. In addition, the party declares him the mastermind of an "innovative philosophy. This makes it clear that he wants to stay in power even longer.
Xi Jinping has a new title that was previously reserved only for Mao Tse-tung, the founder of the Republic: helmsman. It was awarded to the incumbent state and party leader on Friday at a press conference of the Central Committee of the Communist Party of China. "If we resolutely uphold General Secretary Xi Jinping's position as the core of the party (...), the great steering wheel of the Chinese nation's resurgence will have a helmsman," said Jiang Jinquan, head of the Central Policy Research Center of the Central Committee. The press conference was part of an elaborate choreography to enthrone Xi Jinping as the unchallenged
However, history was only marginally discussed. The representatives of the Central Committee spelled out the most important cornerstones of Xi Jinping's ruling ideology. System competition with the West plays an important role. Western democracies are "the rule of capital and the rich," one of the speakers said. Americans' dissatisfaction with their system is increasing, while Chinese satisfaction with their government is 98 percent, he said.
Xi Jinping, on the other hand, is portrayed as someone who has successfully reformed the Chinese political system thanks to his "extraordinary political wisdom." The Chinese need for international recognition is to be satisfied by "portraying China as more credible, lovable and respectable." The formulation comes from Xi Jinping, but it clashes with his call for China's diplomats not to avoid a fight.
One means to this end: "the unification of thought," for example through an app that party cadres are to use to memorize Xi's ideas. Xi Jinping also wants the party's myths to be a binding agent that holds the diverging society together and brings the materialistically minded youth in line. In addition, Xi Jinping has also rediscovered old Chinese traditions that were still frowned upon as bourgeois under Mao.
Translated with www.DeepL.com/Translator (free version)
Sounds like GDR 2.0 ?
- Joined
- Jan 31, 2020
- Messages
- 7,799
- Points
- 259
Monkey-brain study with link to China's military roils top European university
A Chinese professor at the University of Copenhagen conducted genetic research with the Chinese military without disclosing the connection, the university told Reuters, in the latest example of how China's pursuit of military-civilian technology is tapping into Western academia in the...
- Joined
- Aug 26, 2019
- Messages
- 3,762
- Points
- 288
They are all over academia. Recent example the Confuzius Institute issue at Hannover University.
All the years the friendly face, I was once there and smelled the CCP and its cronies in every corner.
Then I startet learning Japanese ?
A German sinologist says its planned infiltration to silence independent science.
www.deutschlandfunk.de
Just look at the Corona issue and all the CCP academic "friends", often US hating leftists I may add.
Its this subversive behaviour, that enables all this subversive infiltration. Like the Soviets in the 50s.
Get the foreigners which enable that. And prosecute them. Hard. People like Peter Daszak to add someone prominent.
The university did not respond to a question about how much funding BGI provides it.
Thats the trail to follow, nearly always. ?
All the years the friendly face, I was once there and smelled the CCP and its cronies in every corner.
Then I startet learning Japanese ?
A German sinologist says its planned infiltration to silence independent science.
Chinas Einfluss in Deutschland - Sinologe: Unabhängige Wissenschaft soll als regimekritische Kraft neutralisiert werden
China habe einen großen Einfluss auf die deutsche Wissenschaft, sagte der Sinologe Andreas Fulda im Dlf. Ein Grund sei die einseitige China-Politik der Bundesregierung, die seit Mitte der 90er-Jahre das Primat der Außenwirtschaftsförderung verfolgt habe. Forscher sollten sich aber chinesischem...
Just look at the Corona issue and all the CCP academic "friends", often US hating leftists I may add.
Its this subversive behaviour, that enables all this subversive infiltration. Like the Soviets in the 50s.
Get the foreigners which enable that. And prosecute them. Hard. People like Peter Daszak to add someone prominent.
The university did not respond to a question about how much funding BGI provides it.
Thats the trail to follow, nearly always. ?
The buffet is over...
Known as Mr Kang, the man told Hunan TV that he was blacklisted from Handadi Seafood BBQ Buffet in China’s Changsha city after a string of binges, according to a BBC report. So, what did he eat? Mr Kang reportedly ate 1.5kg of pork trotters when he visited the restaurant the first time, and 3.5kg to 4kg of prawns during another visit. The live streamer claimed that the restaurant is “discriminatory” against people who can eat huge quantities. “I can eat a lot – is that a fault?” Mr Kang told Hunan TV, pointing out that he didn’t waste any food item. The restaurant owner, however, said that Mr Kang causes him to lose “a few hundred yuan” each time he goes to the venue. He further stated that the live-streamer can drink 20 or 30 bottles of soy milk and consumes an entire plate of pork trotters. “And for prawns, usually people use tongs to pick them up, he (the live streamer) uses a tray to take them all,” he added.
It comes amid a broader crackdown by the Chinese Government, after President Xi Jinping last year called on people to "fight against food waste".
"Waste is shameful and thriftiness is honourable," President Xi said in a speech last August, The Guardian reported.
Under a campaign dubbed "Operation Empty Plate", local authorities last year introduced measures to reduce waste, including encouraging food outlets to limit the number of dishes to one less than the number of diners in the group.
Known as Mr Kang, the man told Hunan TV that he was blacklisted from Handadi Seafood BBQ Buffet in China’s Changsha city after a string of binges, according to a BBC report. So, what did he eat? Mr Kang reportedly ate 1.5kg of pork trotters when he visited the restaurant the first time, and 3.5kg to 4kg of prawns during another visit. The live streamer claimed that the restaurant is “discriminatory” against people who can eat huge quantities. “I can eat a lot – is that a fault?” Mr Kang told Hunan TV, pointing out that he didn’t waste any food item. The restaurant owner, however, said that Mr Kang causes him to lose “a few hundred yuan” each time he goes to the venue. He further stated that the live-streamer can drink 20 or 30 bottles of soy milk and consumes an entire plate of pork trotters. “And for prawns, usually people use tongs to pick them up, he (the live streamer) uses a tray to take them all,” he added.
It comes amid a broader crackdown by the Chinese Government, after President Xi Jinping last year called on people to "fight against food waste".
"Waste is shameful and thriftiness is honourable," President Xi said in a speech last August, The Guardian reported.
Under a campaign dubbed "Operation Empty Plate", local authorities last year introduced measures to reduce waste, including encouraging food outlets to limit the number of dishes to one less than the number of diners in the group.
- Joined
- Aug 26, 2019
- Messages
- 3,762
- Points
- 288
So after publishing growing exports every month. While having looming stagflation and a just recently above 50 pmi a bit contradictory isn't it?
There are these news:
Local Government Financing Vehicles Buy More Land to Fill Hole in Official Coffers
If no one buys the, CCP steps in.
There are these news:
Local Government Financing Vehicles Buy More Land to Fill Hole in Official Coffers
Local Government Financing Vehicles Buy More Land to Fill Hole in Official Coffers - Caixin Global
Local Government Financing Vehicles Buy More Land to Fill Hole in Official Coffers - As cash-strapped developers retreat from the land market, state-owned entities step in to help ease budgetary pressure on their local owners
www.caixinglobal.com
If no one buys the, CCP steps in.
Similar threads
