What's new

Chinese economy had a complete reset, west failed to take note

StraightEdge

SENIOR MEMBER
Joined
Jan 21, 2021
Messages
2,262
Reaction score
-6
Country
India
Location
India
While everyone was going on about housing collapse in China, the world didn't realize they changed their growth model completely upside-down. Everyone keeps forgetting the fact the it was the Chinese policy manager who made the change in the housing sector after Xi's call to reduce housing speculation.
Now all the money which was going to build houses in China, what do they do with it? Well off course, build more industrial capacity!

China Housing vs Industry.jpg
 
.
There is never any economic trouble in china regarding to housing , the whole thing was made up by anti china shills and western media to potray wrong image of china. Yet foreign investors kept flowing in china due to it is the only economy in the world that still growing strong.

meanwhile even while promoted endlessly by western shills and media , foreign investors abandon india due to its lawlessness
 
.
foreign investors abandon india due to its lawlessness
India’s only advantage is cheaper labor costs, while China is having a demographic “problem”. I remember reading China wants to solve both problems through an increased use of industrial robots. How far has this come along to reducing manufacturing costs, and keeping Chinese industrial production competitive?
 
.
It's good that China is cracking down on real estate "speculation". If there is one thing China should do that is to NEVER copy the West. Just look at the trouble Taiwan getting itself into importing 100k Indians! Copy the West and you end up with crap like AC EMAL carriers instead of DC... Westerners don't have much strategic thinking and long term vision. All they care about is lining their own pockets and short term instant gratification!
 
.
Even after Biden called Xi a dictator and this shameless Xitlar ran to USA like a little puppy. Xitler has been shown his place and little Winnie-the-Pooh understood.
 
.
Even after Biden called Xi a dictator and this shameless Xitlar ran to USA like a little puppy. Xitler has been shown his place and little Winnie-the-Pooh understood.
Oh, lol, which fools' country PM was charged with terrorist butcher of Muslims by Yankees, but still ran to America and behaves as a pussy cat ? And who cares about the old demented fool say except the people in the fools paradise. Your shithole country doesn't dare to do a shit about China since Galwan 2020 clash put you in its place that are pathetic losers, so you fools have to constantly bring out your white daddy to cover your a**, lol. And, it's your daddy American gov and Biden constantly begged Xi to come to US for a meeting of the two.
 
Last edited:
.
There is never any economic trouble in china regarding to housing , the whole thing was made up by anti china shills and western media to potray wrong image of china. Yet foreign investors kept flowing in china due to it is the only economy in the world that still growing strong.

meanwhile even while promoted endlessly by western shills and media , foreign investors abandon india due to its lawlessness

Countries who have not build a single city in last 50-100 years and face severe houses shortage are the one criticising China for ghost cities.
 
.
Even after Biden called Xi a dictator and this shameless Xitlar ran to USA like a little puppy. Xitler has been shown his place and little Winnie-the-Pooh understood.
Xitler hahahaha!

Funny to see Xinnie the Pooh come begging to save his country economy.

Apparently he fired his defence minister for being a loudmouth against the US and has resumed military communications that were halted by the defence minister and military after Pelosi rubbed dirt on their faces in Taiwan. :lol:

All this after being called a dictator right after the meeting, Xitler must be losing control big time to bow so low to poor Americans. :argh:
 
.
Apparently he fired his defence minister for being a loudmouth against the US and has resumed military communications that were halted by the defence minister and military after Pelosi rubbed dirt on their faces in Taiwan. :lol:

:argh:
And where you fool got this kind info about Chinese defense minister ? Or it just pooped out your Indian mouths as usual. The Chinese and the whole world don't know it, lol, only you fool know.
 
Last edited:
.
And where you fool got this kind info about Chinese defense minister ? Or it just pooped out your Indian mouths as usual. The Chinese and the whole world don't know it, lol, only you fool know.
You should ask Xitler why he hides this information from the public, only the Chinese are kept in the dark about it. :lol:

 
.
You should ask Xitler why he hides this information from the public, only the Chinese are kept in the dark about it. :lol:

Lol, everyone knows he has been dismissed by now by the Chinese Congress. But, only you fool knows he was fired by Xi becos of his stance against US, you people have a habit of fabricating news is true.
 
.
LOL. A lot of rabit dogs yelping at President Xi leg during his visit to San Francisco. :argh::blah:🐕


For the people that stands on the side of reality.....

List of elite American executives dining with "genocidal" communist “Guest of Honor” Xi Jinping last night for $40,000 in San Francisco.

- Tim Cook @Apple
- Stephen Schwarzman @Blackstone
- Larry Fink @BlackRock
- Stanley Deal @boeing
- Merit Janow @Mastercard
- Milind Pant @amway
- Darius Adamczyk @honeywell
- Hock Tan @Broadcom
- Robert Goldstein @LasVegasSands
- Joseph Bae @KKR_Co
- Daniel O’Day @GileadSciences
- Ming Hsieh @FulgentGenetics

Who sat at Xi’s table?
20 CEOs — Apple, BlackRock, MasterCard, Qualcomm, Pfizer, FedEx etc.

Anyone with a brain knows that China is the future.
 
.
Chinese economic 5 year plans should be implemented in Pakistan.
 
.

Tim Cook, Elon Musk, Steve Schwarzman spotted at Xi Jinping dinner with U.S. CEOs

PUBLISHED THU, NOV 16 20231:29 AM ESTUPDATED THU, NOV 16 202310:21 AM EST
thumbnail

Eamon Javers@EAMONJAVERS
thumbnail

Christina Wilkie@IN/CHRISTINA-WILKIE-6004564/@CHRISTINAWILKIE
  • :o:Apple CEO Tim Cook, Tesla chief Elon Musk and Blackstone’s Steve Schwarzman :o: were among the guests Wednesday night at a reception and dinner in San Francisco for visiting Chinese President Xi Jinping.
  • According to the place cards, Cook was seated next to Chinese Minister of Commerce Wang Wentao.
  • The dinner followed Xi’s daylong summit with President Joe Biden, which Biden called “some of the most constructive and productive discussions we’ve had.”

Apple CEO Tim Cook attends the Senior Chinese Leader Event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023.

Apple CEO Tim Cook attends the “Senior Chinese Leader Event” held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023.
Carlos Barria | AFP | Getty Images

:dance3:Apple CEO Tim Cook, Tesla chief Elon Musk and Blackstone’s Steve Schwarzman 👏 were among the guests Wednesday night at a gala reception and dinner in San Francisco for visiting Chinese President Xi Jinping.

Hosted by the U.S.-China Business Council and the National Committee on U.S.-China Relations, the dinner followed Xi’s daylong summit with President Joe Biden, which Biden called “some of the most constructive and productive discussions we’ve had.”

The dinner with Xi was a hot ticket for CEOs of America’s most prominent companies, a chance to rub elbows with high-ranking government ministers of a country that did nearly $760 billion worth of trade with the United States last year.


Blackstone Group CEO and Co-Founder Steve Schwarzman attends the Senior Chinese Leader Event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023.

Blackstone Group CEO and Co-Founder Steve Schwarzman attends the “Senior Chinese Leader Event” held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023.
Carlos Barria | AFP | Getty Images

:o::o::o:On the guest list: Salesforce CEO Marc Benioff, Boeing CEO Stan Deal, FedEx CEO Raj Subramaniam, Visa chief Ryan McInerney, Bridgewater Associates’ Ray Dalio, Pfizer chairman and CEO Albert Bourla, Mastercard chair Merit Janow, and BlackRock’s Larry Fink. :o::o::o:

The Biden administration was represented by Commerce Secretary Gina Raimondo, U.S. ambassador to China, Nicholas Burns, and Kurt Campbell, a top White House China advisor. San Francisco Mayor London Breed also had a spot at the head table.

According to the place cards, Cook was seated next to Chinese Minister of Commerce Wang Wentao. Event organizers said Musk attended the VIP reception, but did not stay for the dinner.


In remarks before the meal, :devil:Raimondo:devil: emphasized how much opportunity remains in the U.S.-China economic relationship.

“All of you here this evening remain keenly interested to do business in China, and to find ways to advance our bilateral economic relationship,” Raimondo said. “I know that, because half of you have come to see me to tell me that.”

Partners or adversaries?​

Xi delivered the keynote address, his most expansive remarks so far in his U.S. visit. He used the speech to present a view of the U.S.-China relationship that differs significantly from Biden’s.

China's President Xi Jinping speaks at the Senior Chinese Leader Event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023.

China’s President Xi Jinping speaks at the “Senior Chinese Leader Event” held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023.
Carlos Barria | AFP | Getty Images

“The number one question for us is, are we adversaries or partners?” Xi asked.

“If one sees the other side as a primary competitor, the most consequential geopolitical challenge, and a pacing threat, it will only lead to :yes4:
misinformed policymaking, misguided actions and unwanted results,:yes4: said Xi.

It was not lost on the room that Biden has described China in each of those terms in the past.
Instead of adversaries, Xi emphasized that China wants a partnership with the United States, a “win-win” relationship. :cheers:


Giant panda Bei Bei eats bamboo at the Smithsonian's National Zoo in Washington, D.C., on November 14, 2019.

Giant panda Bei Bei eats bamboo at the Smithsonian’s National Zoo in Washington, D.C., on November 14, 2019.
Jim Watson/AFP | Getty Images

As part of his overall outreach message, Xi announced that China will be sending pandas to the San Diego Zoo, after three of the bears were recently returned to China from Washington’s Smithsonian National Zoo.

:china:👊“Pandas have long been envoys of friendship between the Chinese and American people,” he said.👍

“We are ready to continue our cooperation with the United States on panda conservation and do our best to meet the wishes of the Californians, so as to deepen friendly ties between our two peoples.”


Correction: Steve Schwarzman is with Blackstone. A previous version of this story misstated his company.
 

Attachments

  • 1700240798859.png
    1700240798859.png
    18.4 KB · Views: 72
.
While everyone was going on about housing collapse in China, the world didn't realize they changed their growth model completely upside-down. Everyone keeps forgetting the fact the it was the Chinese policy manager who made the change in the housing sector after Xi's call to reduce housing speculation.
Now all the money which was going to build houses in China, what do they do with it? Well off course, build more industrial capacity!

View attachment 1027633
But you forget why Xi had to make tht statement. Speculation was getting out of hand, sectoral banks owned by state were losing money on bad loans in a deluge ...all the while massive ghost cities of high rise apartments were getting built or at least getting financed by gullible people in droves.

So Xinnie had to do something before number bank failures became a deluge.

You're right however in point - that crisis was a sectoral melt down, not full-scale economy sinking. There are other bigger policy disasters he has committed though.

BTW what makes you think companies are leaving India? Quite the contrary. Suggest you read.

If you mean a couple of CCP companies, they were hauled up for tax fraud.
 
.

Pakistan Affairs Latest Posts

Country Latest Posts

Back
Top Bottom