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China the monster.
nipper
post Posted: Sep 15 2018, 11:59 AM
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QUOTE
Last week, Chinese state media Xinhua published an editorial slamming the portrayal of men in Chinese media, claiming the popularity of the "sickly aesthetics" in effeminate celebrities was having an adverse impact on teenagers.

Xinhua said that "sissy pants" or "little fresh meats" — who they describe as effeminate young men who use makeup, are slender and wear androgynous clothing — were hurting China's national image.

"In an open and diverse society, aesthetics can be varied, and people can enjoy what they do," Xinhua's editorial said. "However, everything should have a limit … in this case, it's no longer a matter of aesthetics, but it is an enthusiasm for ugliness and vulgarity.......
https://amp-abc-net-au.cdn.ampproject.org/v...ence%2F10221984

- send in the PLA



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

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early birds
post Posted: Sep 5 2018, 09:51 PM
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In Reply To: mullokintyre's post @ Sep 5 2018, 08:59 PM

http://www.wenxuecity.com/news/2018/09/04/7599453.html

hope you guys can understand Chinese or get a google translator or something.... it is all over Chinese media atm... lmaosmiley.gif

so freaking funny!! lmaosmiley.gif



 
nipper
post Posted: Sep 5 2018, 09:12 PM
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In Reply To: mullokintyre's post @ Sep 5 2018, 08:59 PM

QUOTE
China could knock a few of these blokes off..
..and it seems that people are detained at the Communist Party's convenience (and their own inconvenience) quite frequently.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
mullokintyre
post Posted: Sep 5 2018, 08:59 PM
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In Reply To: mullokintyre's post @ Sep 5 2018, 10:24 AM

While I was searching the internet for stories on the Pacific Island nations criticising China for its CO2 emissions, I found the following:

QUOTE
Richard Liu (Liu Qiangdong 刘强东) is the CEO of JD, the mammoth ecommerce firm that competes with Alibaba. He was arrested on August 31 in Minnesota for alleged sexual misconduct involving a university student.

The news was huge in China, something like if Elon Musk or Jeff Bezos were to be arrested on similar charges.
Liu was released the following day. JD denied any wrongdoing on Liu’s part and said he was falsely accused. However, media reports say the Minnesota authorities are still calling it “an active investigation.”
Liu has returned to Beijing and resumed leadership of the company.
“In July, a judge in Australia rejected his request to prevent the release of his name in connection with a case in which a sexual assault was said to have taken place after a 2015 party at his Sydney penthouse,” reports the New York Times in its report on the Minnesota incident (porous paywall).
For more on the incident, see Richard Liu: 4 things to know about the talk of China on Inkstone, and Richard Liu’s Minnesota mug shots go viral on Weibo on What’s on Weibo.

One piece I recommend reading about Liu: JD CEO’s arrest steps on governance landmine by Robyn Mak on Reuters Breakingviews. Mak notes that China’s growing #MeToo movement could inspire a consumer backlash against JD, but his main argument is one that applies to all Chinese internet companies that have listed on international stock exchanges:

It “is not entirely clear how JD might operate if Liu is detained or incapacitated for a long stretch,” which is important because Liu “controls 80 percent of the vote thanks to a feudal shareholder system that was cemented in the 2014 initial public offering.” Liu is also the chairman as well as CEO, which means there is “no obvious second-in-command or successor.”
The problem is even worse because of VIEs — variable interest entities. Simply put, foreigners are not allowed to own Chinese tech and media companies. So when Baidu, Sina, Alibaba, Tencent, and JD went public, they placed the local operations legally under a PRC company or a PRC citizen’s complete control. The local entity or VIE then signs agreements with the internationally listed entity, which in theory means shareholders are in control.
But because the local entities are controlled by senior executives — in JD’s case, Liu and two other executives are in charge of the VIE — if Liu disappears, there is no procedure for succession. There would be similar problems if something happened to Jack Ma 马云 and Joseph Tsai 蔡崇信 of Alibaba, Pony Ma 马化腾 of Tencent, or Robin Li 李彦宏 of Baidu.


The very last part was the most intriguing., Someone wanting to mess with China could knock a few of these blokes off and it would be an interesting outcome!

Mick



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mullokintyre
post Posted: Sep 5 2018, 10:24 AM
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Pacific Leaders attending the Pacific Islands Forum in Nauru are putting up some interesting concepts in relattons with China.
Firstly, the host country, Nauru, recognises Taiwan as an independent country.
This a serious non no for China, and as a result, Nauruan diplomats who travel to China are not allowed to use diplomatic passports, and there fore must use their personal passports and get visas accordingly.
Hence, when China diplomats wanted to attend the forum as "Observers", Nauru returned the favour and told them they could only travel on their personal passports and thus needed a visa.
The Chinese were affronted mightilly, and according to The Australian it it was Australian Government officials who suggested a compromise where "the Chinese officials were allowed to use official passports, but they were not stamped". Usual sort of childish diplomatic points scoring.
Then, when the Chinese delegates were not allowed to speak when they demanded to, the head man made a big fuss of walking out.

Now thats the way to win friends.

On a side note, the ABC NEWS , makes much of the fact that

QUOTE
Climate change will be front and centre in today's meeting.

Many Pacific Island leaders have been warning that the changing climate poses an existential threat to them.

Some of their nations barely poke their noses above the ocean — Tuvalu lists its highest point as 4.6 metres above sea level. Any rise in ocean levels could prove disastrous.


Perhaps more importantly, these tiny atolls are hugely vulnerable to cyclones which sometime rake the Pacific, and which scientists predict will become more intense as the climate changes.

All the leaders at PIF are set to sign a new security agreement called Biketawa Plus, which labels climate change the "greatest challenge" to the livelihoods and security of Pacific people.

But the timing is awkward for Senator Payne.

She's become Foreign Minister courtesy of a coup provoked — in part — by internal turmoil over energy policy.

And while the Pacific might want to make deeper cuts to carbon emissions, some Coalition MPs are urging the new Prime Minister Scott Morrison to tear up the Paris agreement entirely.


The increase in "Carbon Pollution" aka CO2, from China this year will be more than all of the output from Australia.
If climate change is front and centre, surely they would be targeting the biggest emitters of CO2?
In 2015, the most recent data I could readily find, the top six in order are China, USA, European Union India, Russian Federation and Japan.
Between them, they account for 68% of the CO2 emissions. Australia?? 1.24%

Have the Pacific Islands Forum lambasted China over its pollution? Not that we have heard.
What about USA, or India, or Russia, the European Union? Not a cracker. nada.

What they really want is to use it as lever to extract more aid money from Australia.

Hipocracy is alive and well.

Mick



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triage
post Posted: Aug 24 2018, 07:19 PM
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In Reply To: nipper's post @ Aug 19 2018, 12:30 PM

Here's the South China Morning Post's take on the visit by Malaysia's Mahathir to China. Looks like lots of diplomatic wordage being used by both the leaders and by the article's writer (in the age of Trump it all sounds rather quant). For instance I don't reckon the Chinese would actually be that impressed with Mahathir unilaterally killing under construction projects - sets a terrible precedent. And I don't reckon the Malaysians would be overly impressed with the Chinese sending de facto warships into territory claimed by Malaysia. But they both managed to put a positive spin on the interaction. Well done to them.

https://www.scmp.com/week-asia/geopolitics/...bel-not-so-fast



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"The market can stay irrational longer than you can stay solvent." John Maynard Keynes

"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought." Rudiger Dornbush

Mozart fixes everything and Messi is a dog
 


triage
post Posted: Aug 22 2018, 08:35 AM
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Here is a recent newsletter by an old China hand. I've not come across Bill Bishop before but with the loss of a couple of my usual goto China observers I will have to make an effort to follow him. He suggests that Xi remains fully in control, that the Chinese have decided that the yanks are out to destablise them and notes that the Chinese managed to uncover and kill 30 CIA "assets" so the Americans are pretty much flying blind at the moment.

https://nb.sinocism.com/p/thoughts-from-my-...nt-beijing-trip




--------------------
"The market can stay irrational longer than you can stay solvent." John Maynard Keynes

"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought." Rudiger Dornbush

Mozart fixes everything and Messi is a dog

Said 'Thanks' for this post: indeficit  
 
nipper
post Posted: Aug 19 2018, 12:30 PM
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thanks triage; an interesting take with interesting flow-ons. Time will tell. A lot of these "repositionings" seem to be happening when the old assumptions are falling away. What if the 5 year plan isn't met? And, gee, that Trump tariff talk, and follow through to enforcing things, may have negative consequences? etc

Meantime, some things seem to be inevitable, and predictable, both in action and response
QUOTE
Chinese President Xi Jinping has ordered the sacking of up to 40 officials over the distribution of dodgy and expired vaccines to hundreds of thousands of children — the country's worst public health scandal in years.

Mr Xi presided over a meeting of the standing committee of the political bureau of the communist party that punished local and national bureaucrats for the poor oversight of operations at Changchun Changsheng Biotechnology Company in northeast Jilin province. The State Council — the Chinese cabinet — also said it would seize all "illegal gains" made by Changsheng Bio-Tech.

China's second largest producer of vaccines, Changsheng Bio-tech cut costs by using expired materials to make rabies and other vaccines and faked the results of tests.

It's estimated the company produced almost half a million substandard vaccines for rabies, and diphtheria, whooping cough and tetanus, which were given to hundreds of thousands of babies.

While no one died as a result of the company's actions — unlike the tainted milk and infant formula scandal of 2008 — the latest scandal has shaken public confidence in the public health system and led to increasing criticism of the government.
- whereas in most other countries it is usually (just) incompetence



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
triage
post Posted: Aug 17 2018, 04:56 PM
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In Reply To: nipper's post @ Aug 17 2018, 01:05 PM

nip - (yeah I get that your comment was meant partly in jest but) my impression is that the new broom in Malaysia has uncovered substantial levels of corruption involving China players, both with regards the one road infrastructure projects in Malaysia and also with regards the previous prime minister. I reckon that the old fox, Mahathir, has headed to Beijing holding a fairly strong hand. There is a pretence that China has been pushing, that one road is all about international trade, and the last thing it would want is for a well connected Malaysia (both into the muslim world and also through the Commonwealth association) to blow the whistle on one road being in part a vehicle for corruption and influence.


Mahathir is an old Chinese communist fighter from way back. Sabah state is just below the Spratleys. I reckon he would see that situation as a existential threat to the federation.




--------------------
"The market can stay irrational longer than you can stay solvent." John Maynard Keynes

"The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought." Rudiger Dornbush

Mozart fixes everything and Messi is a dog

Said 'Thanks' for this post: nipper  Pendragon  
 
nipper
post Posted: Aug 17 2018, 01:05 PM
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In Reply To: lgrif's post @ Aug 17 2018, 12:07 PM

"Sure, we'll revisit; just sign this bit of paper saying the Spratlys and Paracels are ours"



--------------------
"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne

Said 'Thanks' for this post: early birds  mullokintyre  
 
 


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