Chinese state-owned companies are in trouble. That could hurt the global recovery

[Han Patriot]

Your IQ is too low to talk abt R&D, that's why Nobody buy fake Huawei 5G while they willing to buy BKAV cameras and Viettel 5G.

Keep persuading yourself like AhQ that u guys have more R&D, Nobody care, nobody buy, EU-US govt buy from VN instead.

That's why CN companies collapsing

If its fake, US wouldn't be so worried right? Without sanctions, Huawei would have controlled 90% of the market.

Serioulsy wtf is viettel 5G?how many patents you own? Where are the chips manufactured? Do you even have a fab? Just some simple question for your ah Q brain, but may, you won't wanna even try to understand it because you wanna be stronk when it is pretty obvious you guys don't own any technology. ENOUGH OF BKAV, you sound like a ah Q here, tell me which patent does BKAV own? Did they win any AI challenges to test their algorithms, or they use Google free algorithm crappy shit for their camera?

 

[Viva_Viet]

If its fake, US wouldn't be so worried right? Without sanctions, Huawei would have controlled 90% of the market.

Serioulsy wtf is viettel 5G?how many patents you own? Where are the chips manufactured? Do you even have a fab? Just some simple question for your ah Q brain, but may, you won't wanna even try to understand it because you wanna be stronk when it is pretty obvious you guys don't own any technology. ENOUGH OF BKAV, you sound like a ah Q here, tell me which patent does BKAV own? Did they win any AI challenges to test their algorithms, or they use Google free algorithm crappy shit for their camera?

Huawei stuff is spy network, not 5G, that's why US must stop it,Huawei boss is arrested and charged for stealing ,still not understand ,Ah Q bro ?

I don't work for Viettel, so don't ask me again and again...and again abt her parents. Viettel 4G work well even in Myanmar, Viettel 5G work well in Vn now .

BKAV can sell to EU-US govt while Hikvision is kicked out. Don't ask me abt BKAV's patents again and again, too, I also don't work for them. Why don't u ask EU-US govt who make the test for BKAV instead

 

[Han Patriot]

Huawei stuff is spy network, not 5G, that's why US must stop it,Huawei boss is arrested and charged for stealing ,still not understand ,Ah Q bro ?

I don't work for Viettel, so don't ask me again and again...and again abt her parents. Viettel 4G work well even in Myanmar, Viettel 5G work well in Vn now .

BKAV can sell to EU-US govt while Hikvision is kicked out. Don't ask me abt BKAV's patents again and again, too, I also don't work for them. Why don't u ask EU-US govt who make the test for BKAV instead

Hey numb numb, innocent until proven. You think Google n gang are not spying, cisco actually had been proven to embed spyware for CIA. The point is not whether Huawei is spying, the point is whether Huawei is 'real' 5G, since retards like you seem to think 5G comes out as wind from your bum.

If you don't know then don't go around splurting garbage, you can't seem to differentiate operators from equipment makers? Lolol. Viettel is an operator genius. Understand ah q? The real ignorant self anointed genius is YOU aka ah Q.

Bkav bkav, hey numb numb, there are literally dozens of people selling cameras assembled using Chinese parts on earth. You are jumping up n down like monkeys selling a few cameras. Bkav has zero technology and patents numb numb, they are what we call a sticker and screwdriver company, buy Chinese and assembled it into a box and label it bkav made in vietnam.

 

[Viva_Viet]

Hey numb numb, innocent until proven. You think Google n gang are not spying, cisco actually had been proven to embed spyware for CIA. The point is not whether Huawei is spying, the point is whether Huawei is 'real' 5G, since retards like you seem to think 5G comes out as wind from your bum.

If you don't know then don't go around splurting garbage, you can't seem to differentiate operators from equipment makers? Lolol. Viettel is an operator genius. Understand ah q? The real ignorant self anointed genius is YOU aka ah Q.

Bkav bkav, hey numb numb, there are literally dozens of people selling cameras assembled using Chinese parts on earth. You are jumping up n down like monkeys selling a few cameras. Bkav has zero technology and patents numb numb, they are what we call a sticker and screwdriver company, buy Chinese and assembled it into a box and label it bkav made in vietnam.

Anyway,topic is abt CN companies falling in mega trouble ( Huawei is spy network not 5G, Coal Aluminium companies went bankrupted etc), it's no use to keep lying abt BKAV and Viettel 5G.

I just explained again...and again when u ask " I don't understand..blah blah ". Actually, u just don't wanna face the truth that CN is in middle income trap, abt 80-85 % CN companies will collapse when they have to keep paying u guy 800-1,000 usd per month( and pay useless guys like u 10,000 usd). That's why CN Gov't has to keep bailing out those companies to avoid super high jobless numbers.

U guys only deserve 140 usd per month like 600 millions Cnese earnings less than 140 usd as PM Li admit

 

[JustAnotherPerson]

Proud , I have 25 more IQ than the average Chinese.

No you don't, Sr.

 

[striver44]

No you don't, Sr.

Yes, I do.

 

[JustAnotherPerson]

So the companies in the country who has recovered the fastest in this pandemic are in " trouble", not companies in the countries were this virus is raging no no no, that country who is recovering at the fastest pace is the one who is in "trouble", wow.
Companies defaulting in China is nothing new, i have hear of Chinese companies defaulting since 2012 when their housing bubble explode and 2015 when their stock market crash. They letting companies to default is part of bringing discipline to the market because companies know that the state is not always going to be there, if they know that is going to hurt the economy, they put money like some countries put money in their stock market.

 

[antonius123]

Yes, I do.

Average chinese in where? in this forum I dont think so.

 

[Han Patriot]

Anyway,topic is abt CN companies falling in mega trouble ( Huawei is spy network not 5G, Coal Aluminium companies went bankrupted etc), it's no use to keep lying abt BKAV and Viettel 5G.

I just explained again...and again when u ask " I don't understand..blah blah ". Actually, u just don't wanna face the truth that CN is in middle income trap, abt 80-85 % CN companies will collapse when they have to keep paying u guy 800-1,000 usd per month( and pay useless guys like u 10,000 usd). That's why CN Gov't has to keep bailing out those companies to avoid super high jobless numbers.

U guys only deserve 140 usd per month like 600 millions Cnese earnings less than 140 usd as PM Li admit

Pretty seldom to see you wanting to stick to the topic. Since ah q like you always divert to Huawei or China collapse or 160 dollar per month which I had explained a few hundred times, you would go to another thread and restart the same shit over and over again. Do you know how many coal and aluminum companies there are in China? Companies are meant to fail if they are mismanaged and Chinese government is showing good discipline in letting them succumb to market forces instead of bailing them out, the same is not true with the US government in the GM case. And the reason we have the confidence and resolve to do it is because if strong economic fundamentals.

Countries only fall in the middle income trap if they don't have technology and strong local companies. The prime example is Brazil and Turkey, China otoh is different, we own alot of core technology and have a huge industrial base. That's the main difference we don't rely on services alone which most middle income trapped countries end up with. Vietnam will ultimately end up as one if they are lucky else you would just be a slave state forever. Selling brides to China, yes the 160 dollar chinaman bride. Lolol. .

 

[Zsari]

China allowing non-performing company to default, "Chinese companies are in trouble, Chinese economy is collapsing".
China doesn't allow non-performing company to default, "Chinese economy is collapsing with all the zombie companies.

Certainly the Chinese economy has been collapsing for the past 30 years. This never gets old for the misinformed.

 

[Zsari]

China parts ways with US, Japan easy money
While US Fed and BOJ pump trillions into markets the People's Bank of China is pursuing a more sensible monetary policy

By WILLIAM PESEKDECEMBER 11, 2020


So much for the “PBOC put” that was supposed to lead China to Japan-like ruin.

In recent years, punters expressed fears the People’s Bank of China would go the way of the Bank of Japan and US Federal Reserve. Both the BOJ and Fed have spent the last 20-plus years bailing out markets with liquidity jolts in times of trouble.

That’s been the strategy for the BOJ’s Haruhiko Kuroda in Tokyo now to BOJ teams dating back to the 1990s. The same with Fed leaders – from today’s Jerome Powell on back to the Alan Greenspan era two decades ago.

A central bankers’ job, it’s often said, is to yank away punchbowls before parties get out of hand. A “put” means they’re continuing to refill it in ways that warp market dynamics and investment incentives.

A sober PBOC, though, appears to be yelling “last call.”

In recent weeks, Asian markets buzzed about the specter of PBOC “tapering.” No one expects Governor Yi Gang to hike interest rates anytime soon, or even to pursue a generalized tightening of financial conditions. By merely becoming less generous about punchbowl refills, though, the PBOC is signaling Beijing’s latest cleansing campaign is real.

“This is a restart of deleveraging reform,” says economist Iris Pang at Dutch bank ING. This credibility matters, as events from Tokyo to Washington attest.

“Deleveraging” is a codeword for China Inc’s effort to scrap the credit-and-debt model Beijing has harnessed to great effect since the 2008 Lehman Brothers crisis.

It encompasses moves to rein in China’s US$13 trillion shadow banking monster. It includes steps to curb fintech giants like Ant Group. It comprises Vice Premier Liu He’s “zero tolerance” decree last month concerning fraud and other violations in the bond market.

The central bank, as with any big outwardly facing economy, is the vanguard of any deleveraging effort. And China is proving to be the adult in the room as the BOJ and Fed continue to pump giant waves of liquidity into markets.

China parts ways with US, Japan easy money - Asia Times