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China’s Economy On The Brink Of Collapse

Never quote Epoch Times, New Tang Dynasty or Gordon Chang for China analysis, they are a level above The Times of India and WSJ when it comes to bias opinions and misinformation.

And to know the gospel of truth ... shall we use People's Daily, Global Times and Xinhua?

Because people should never know about J-10 crashes, Tiananmen, "Cultural" Revolution, Tibet ....
 
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And to know the gospel of truth ... shall we use People's Daily, Global Times and Xinhua?

Because people should never know about J-10 crashes, Tiananmen, "Cultural" Revolution, Tibet ....

As someone who has been working in the media for many years and who is very interested in the development of China for the last 20 years, I regularly read Chinese news from People's Daily and Xinhua. My observation is, Chinese news just don't publish events that they think are too sensitive or they just beat around the bush with factual information. You just have to learn to read between the lines and piece them together by following the news over a long period of time. By the end, you pretty much get the true picture.

Our free press works differently, we write whatever we get/know and whatever don't get/ know, we just fil upl the gap with our imagination including our bias and sell it for truth.

As people in China are armed with the newest communication gadgets, it's not only hard for the Chinese news to omit certain events, it's also hard for us in the West to fabricate stories about China. Also, China has millions of foreigners who work and live there for many years, many of them have a great knowledge of the Chinese language. In addition to the many long time foreign residents, there are even more tourists scouting into even the remotest regions of China. They, too, are a great source of information.
 
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CIA set up Epoch Times to brainwash Chinese people. Instead, Epoch Times' biggest readership base is indians! :lol:

They also have a great readership in Europe. I know one of this Korean girl who used to regularly read the Epoch Times. Since I'm quite knowledgable about China and works in the media she asked me whether it's all true what Epoch Times writes. Since I told her about the connection of Epoch Times and CIA she stopped to read that piece of toilet paper.
 
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They don't even know what an asset bubble is.

An asset bubble has 2 parts: asset mispricing and leveraged speculation. China doesn't have leveraged speculation; everything is paid for in cold hard cash. The down payments on the homes are monstrously high, up to 50%, and most times they're just straight up bought.

Housing prices have been gaining at 10% a year, equal to wage growth. In contrast, US house prices gained at 30% per year in the bubble days with a decline in real wages. Simultaneously, the US lowered down payment requirements, such that people with very low income were buying mansions, such that hte only way they possibly had of repaying their loans is through an asset appreciation.

Whats funny is all these "economists" are seeing bubbles everywhere except the most obvious one: US treasury bonds. They're also not telling us how gold is being bought up by India and China at a furious pace.

It is like a car salesman trying to sell you a Ford, but when you ask what car he drives, "I drive a Honda." But he insists that Fords are the safest, greatest, most profitable investment car in the world. Never mind that it just got hit with a safety downgrade, and its price just skyrocketed.
 
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why do indians believe everything they hear? because the average indian has an iq of about 80. a person with mental retardation also have an iq of 80. this is why it is very to make fools out of indians.

indians are the africans of asia. they can barely eat a full meal everyday but they are constantly feeding on propaganda. their stomach may not be full, but at least theirs heads are.
 
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