A top Chinese official was arrested after talking about the biggest threat to China's economy

[Viva_Viet]

Okay, my friend. Perhaps you need to calm down on the Rượu đế.

@Viva_Viet

Problem for all East Asian nations is that they are smart,hard working, but lack of vision. So, they can not predict what will happen in 10 years like VN, so they always make a wrong decision.

JP paid for its fault in 1945. CN made a big mistake in 1979 when helping US to destroy communist block. Now, no one wanna help her to fight against imperial US.

 

[Aepsilons]

Problem for all East Asian nations is that they are smart,hard working, but lack of vision. So, they can not predict what will happen in 10 years like VN, so they always make a wrong decision.

JP paid for its fault in 1945. CN made a big mistake in 1979 when helping US to destroy communist block. Now, no one wanna help her to fight against imperial US.

East Asians are supreme in a great many sectors, compared to many other peer competitors, my friend. IP production? We got it. IQ rates? We got it. Mature intelligence rates? We got it. Ingenuity? We got it. Military culture? We Got it. Uniformity and Collective Cohesion? None can match us -- it is part of the Confucian Identity.

As we speak -- East Asia rises , and the combined economies of East Asia (China, Japan, Taiwan, South Korea, Singapore (yes we consider it East Asian due to the Chinese aspect)) is larger than EU, US.

Sans political difference and regionalistic views , East Asia is the greatest region in the world. With the potential to be the center of power (if not already).

The problem with some people, my friend, is the lack of foresight. East Asia looks Long Term -- the West looks Short Term. That has always been the paradigm in the civilizational Dichotomy of West vs Confucian East.

 

[Viva_Viet]

East Asians are supreme in a great many sectors, compared to many other peer competitors, my friend. IP production? We got it. IQ rates? We got it. Mature intelligence rates? We got it. Ingenuity? We got it. Military culture? We Got it. Uniformity and Collective Cohesion? None can match us -- it is part of the Confucian Identity.

As we speak -- East Asia rises , and the combined economies of East Asia (China, Japan, Taiwan, South Korea, Singapore (yes we consider it East Asian due to the Chinese aspect)) is larger than EU, US.

Sans political difference and regionalistic views , East Asia is the greatest region in the world. With the potential to be the center of power (if not already).

The problem with some people, my friend, is the lack of foresight. East Asia looks Long Term -- the West looks Short Term. That has always been the paradigm in the civilizational Dichotomy of West vs Confucian East.

My friend, making yourself happy on PDF can not change anything in real life. After 1945, JP is just a toy in US's hand. TW-SK are just another US toys like our fomer South VN. CN economy is also in big trouble under US contaiment.

Its all bcs you guys have short vision, so now, your life is in US's hand. If US want you die, then u will not survive.

 

[Aepsilons]

My friend, making yourself happy on PDF can not change anything in real life. After 1945, JP is just a toy in US's hand. TW-SK are just another US toys like our fomer South VN. CN economy is also in big trouble under US contaiment.

Its all bcs you guys have short vision, so now, your life is in US's hand. If US want you die, then u will not survive.

Preying on the division of East Asia is the current strategy of the West, my friend. Ultimately, each passing day only leads towards closer, eventual integration. If you have not noticed, despite US coaxing , Japan-South Korea-Taiwan-China is getting closer each passing day.

Again, don't worry about East Asia's long term strategy goals. We are a millennial civilization region.

Ultimately, imho, Vietnam will be an active part in East Asia's future.

 

[Hamartia Antidote]

A key Chinese official was just arrested.

Wang Baoan, the head of China's National Bureau of Statistics, was arrested Tuesday on suspicion of "serious violations of party discipline," according to CNN.

That alone isn't that unusual, as lots of Chinese officials have been taken down during China's anticorruption campaign.

What is newsworthy about this arrest, however, is what Wang said right before it.

He was giving a speech about the risks of capital outflows, which government data showed climbed to $1 trillion in 2015.

The government had previously estimated that outflows would hit $455 billion. Way off.

China has been trying to stabilize an economy that has been (seemingly) under siege since the beginning of the year. The stock market has been a whipsaw, falling precipitously on several occasions. And China's currency, the yuan, has been volatile as well.

Government officials have acknowledged that there will be slower growth during China's transition from an investment-based economy to one based on domestic consumption. They've also said they will start enacting reforms to deal with huge problems like debt and overcapacity in the country's corporate sector.

But capital leaving the country at a rate of $1 trillion a year is an even more immediate threat than that, and the problems that caused it — a depreciating currency, for one — have not gone away.

So, in an effort to stabilize the yuan, the government has warned yuan short sellers — even the legendary (but retired) hedge fund manager George Soros — to quit it.

Keeping the yuan from depreciating too fast cost the government $108 billion in December. The more short sellers try to push it in another direction, the more money the government has to expend.

Now everyone has to fall in line.


http://www.businessinsider.com/china-official-arrested-for-economic-speech-2016-1

Well it's just people looking for assets not backed by yuan.
A popular joke is "somebody with 100,000 yuan was basically a millionaire 10 years ago...and now they are poor". So those people who diligently saved and saved all their lives are the most concerned and are looking for an outlet.

 

[Jlaw]

We explained many times already. Why RMB keep going down? Bcs CN must reduce its RMB to stay competitive in export sector.

When TPP come out,CN will lost the market of TPP members, things will get worse for her economy. RMB will start falling faster.

If CN dont send full support to VN like before 1975 and help VN to take control of Malacca to pose a threat to US, then CN will collapse like Soviet union.

So Canada must be collapsing because our dollar dropped 40% against USD in three years. STop thinking like a Vietanamese if you can.

 

[Viva_Viet]

Preying on the division of East Asia is the current strategy of the West, my friend. Ultimately, each passing day only leads towards closer, eventual integration. If you have not noticed, despite US coaxing , Japan-South Korea-Taiwan-China is getting closer each passing day.

Again, don't worry about East Asia's long term strategy goals. We are a millennial civilization region.

Ultimately, imho, Vietnam will be an active part in East Asia's future.

Forgot what we predicted?? SK will be under JP control again .

And why? Bcs US want JP to fight against CN-Russia for him, so he let JP to look stronger a bit, but JP will still under US control.

So Canada must be collapsing because our dollar dropped 40% against USD in three years. STop thinking like a Vietanamese if you can.

At least, u admit that RMB may fall 40% like Canada,right ?

 

[asia2000]

No need Russia navy to take control sub Mekong wt VN. In 1979, without navy support, Soviet successfully helped VN to take control of Laos-Cam.

Of course, VN-Russia control sub Mekong is the night mare for not only US,but JP too. But no one can stop that process now.

If Mr.Xi is as smart as chairman Mao, he must give full support to VN to kick US out of Malacca before too late for CN economy

Why is it so important to take control of sub Mekong? After you take control it, what is your plan for the local people?

China has changed to a capitalist country, unlike the chairman Mao era, it does not give free aid anymore. Mao is an idealist.

 

[Monkey King]

Vietnam is a traitor. In 1950s and 1960s, China sent many military supplies as well as troops to help Vietnam gaining independence first from France and then from US, although China was rather poor and backward at that time. However, when conflicts broke out between China and the USSR, they chose to side with the USSR and turned against China in 1970s. Just like stabbing you in the back.

Chinese values “brotherhood” or loyalty very much in our culture, as Guan Yu who represents brotherhood is honored widespread across China. From this aspect, Vietnam has no sense of brotherhood and is a traitor. We Chinese looks down traitor.

 

[Hamartia Antidote]

Vietnam is a traitor. In 1950s and 1960s, China sent many military supplies as well as troops to help Vietnam gaining independence first from France and then from US

Since when was Vietnam a colony of the US? The reason we were there was because we were called in.

 

[Dungeness]

Why? Bcz we dont want tobe backstabed by CN like in 1979. CN will find a good excuse to bow down to US and beg for support if VN-Russia plan to take control of sub Mekong region again.

So,if CN dont support,then we will simply wait for her collapse, and take Sub Mekong wt help from Russia after that.

I think your guys reading too much "Monkey King Story". Do you guys still have the "Greater Vietnam" wet dream by
annexing Cambodia and Laos? Strange, nowadays, every dick and tom has this big "superpower" dream.

 

[jhungary]

Preying on the division of East Asia is the current strategy of the West, my friend. Ultimately, each passing day only leads towards closer, eventual integration. If you have not noticed, despite US coaxing , Japan-South Korea-Taiwan-China is getting closer each passing day.

Again, don't worry about East Asia's long term strategy goals. We are a millennial civilization region.

Ultimately, imho, Vietnam will be an active part in East Asia's future.

I admired your optimism. I really do, but you tend to simplify things about politic in East/South East Asia in a geopolitical level...

Remember the "trust" issue I raised on another post with you? The problem is, while you are thinking it would be the west all along to try to divide and conquer Asia, but the unfortunate truth is, I am afraid Asia have been doing this all the time before even the west have known there is a place called "Asia" exist.

If you look at China's 5000 years history, you will see a pattern of all sort of wars raising all around South/East Asia all the time every 100 or so years. Like this Gif Represent

The problem is, this is only China and its conquest during the last 3000 years, there are many other in South Asia, Middle East, and West Asia. What the west does? The west simply capitalize on their warring state and basically strike when there were already chaos everywhere. And nothing beats making money on a chaos world.

It cannot be a "trusted" states exist in all Asiatic country, there were always going to be a war or disagreement somewhere happening within Asia with or without the west meddling. The problem is, while blaming the west indeed shifting blame somewhere else, it does not solve the "trust" issue between each Asian country, and what you said, a Greater Asian Union can only actually happened by either each country totally trust the others of the said union, or one country dominate them all. And while I have already explained why the first one cannot be done, the second one would be the only choice for Asia to unite. However, who would be the dominate force of a united Asia? Long story really short, it's gonna be China.

Much like how US become the sole leader of North and Central America. If there is going to be a united Asia, then China have to dominate the whole Asiatic region, but unlike the US, which only bother 2 countries, China was surrounded by heck a lot of small country and each one of them China have to dominate either by choice or by force to be able to rightfully claim the dominance and hence lead the Asian Union. But for that to happen, once again, would you think other Asian Country would trust the "Chinese Peaceful Rise" with guns pointing at them?

The problem is, what China is doing today is basically blaming the west for meddling the Asiatic Affair which the west does not belong ad basically using this to expand their gain and dominance, for the sake of "getting rid of the west" but when you come to think of it, wasn't this is the exact the same slogan the Japanese used during WW2 to grab land in Asia? For the sake of getting rid of "Western Colony"?

Now, would the rest of the Asia actually see this as any sort of good to them for the "Peaceful Rise" of China? As I said, it always take two to tango, and whatever the west or US is doing, it cannot succeed if there does not exist another party that willing to play the "Bad Guys" on the US Script, and for that, China have fall into it quite nicely.

 

[Viva_Viet]

Why is it so important to take control of sub Mekong? After you take control it, what is your plan for the local people?

China has changed to a capitalist country, unlike the chairman Mao era, it does not give free aid anymore. Mao is an idealist.

Bcs its will create a big & strong enough region that can fight against any invaders.

For the local pple, just take a look at Laos-Cam , their military forces r under VN control, but Nothing change for their life.

Unite wt VN will help other sub Mekong nations survive in TPP deal, too. Thats why Thailand just allowed illegal Vn worker to work in Thai.

 

[Dungeness]

Bcs its will create a big & strong enough region that can fight against any invaders.

For the local pple, just take a look at Laos-Cam , their military forces r under VN control, but Nothing change for their life.

Unite wt VN will help other sub Mekong nations survive in TPP deal, too. Thats why Thailand just allowed illegal Vn worker to work in Thai.

No wonder Chinese claimed victory for its 1979 campaign, they did achieve their strategic objective — smashing your ambition to grab entire former French Indochina.

Now you are dreaming to have Americans help you to get economically strong through TPP, and have Russians help you militarily to annex neighboring countries? May I know what you are on?

The tragedy for Vietnam is you are too far from the haven, and too close to China. Good Luck!

 

[Viva_Viet]

No wonder Chinese claimed victory for its 1979 campaign, they did achieve their strategic objective — smashing your ambition to grab entire former French Indochina.

Now you are dreaming to have Americans help you to get economically strong through TPP, and have Russians help you militarily to annex neighboring countries? May I know what you are on?

The tragedy for Vietnam is you are too far from the haven, and too close to China. Good Luck!

First: Laos-Cam military forces still under VN control since 1979, half of Lao ppulation is still Vnese, nothing change.

CN only successfully stop VN to take control of Thailand in 1979, but Thai desparately need VN help now when TPP is coming close, so the unite bween VN-Thai is unavoidable when TPP come.( Thai is not TPP member and she knows she will die when TPP come out)

Second: Bcs CN 'successfully' smashed VN in 1979 and destroy communist block in 1990, now US can easilly squezze your economy and push CN to the verge of collapse coz there is no more communist bloc to protec and support CN any more