Why China won't save the world

Bangalorean

Ambassador
Joined
Nov 28, 2010
Messages
6,233
Likes
6,853
Country flag
No doubt the world is closely intertwined, any change in the corner of this planet may have an impact on the whole world. If west as one of the leaders in technology and economy melts down,it will with no doubt causes pain to the rest of the world, stock will fall, economy may slow down. But change always comes with pain, if we can't stand that pain, how could we transform this world to one that favors us. This world has been raped by them for too long.

The very reason that crisis in Europe is greatly influencing the world is that they have been dominating the world, now it is time to end that dominance.
Everything in life should happen gradually, and at the right time.

Wishing for changes overnight is not going to happen. It will simply cause a lot of unnecessary pain and frustration.

In the current setup everyone is progressing. It is hardly in anyone's interest to change the status quo overnight. The state of things will change gradually over the next few decades.
 

J20!

Senior Member
Joined
Oct 20, 2011
Messages
2,748
Likes
1,541
Country flag
Wow, one minute Armand and Daredevil say China's economy is imploding and we're all going to be peasants in two years on the "DOOM AND GLOOM OF THE CHINESE ECONOMY" thread, and now Armand is acknowledging that China with its world beating growth and staggering foreign reserves is capable of saving Europe? Wow, nice turnaround.

We should bail them out, but Greece is very wasteful and irresponsible.
 

redragon

Regular Member
Joined
Sep 20, 2009
Messages
956
Likes
58
Country flag
China shuns EU bailout fund - China.org.cn

China shuns EU bailout fund

After a painstaking negotiation yesterday afternoon at the G20 Summit in Cannes, the Chinese government decided not to invest in the special purpose investment vehicle proposed by the European Financial Stability Facility, shattering the eurozone's hopes of receiving a fiscal lifeline from China.


After EU debt woes spread among its indebted members, EU leaders appealed to emerging countries such as China, Russia and Brazil for financial aid to bail it out of its debt crisis.

"The EFSF is a significant vehicle to tackle with EU debt crisis and is rated AAA,"China's vice finance minister Zhu Guangyao said Thursday. "But because details about the new fund are scant, it is too early for China to discuss further investment in the expanded bailout fund."

Klaus Regling, chief executive officer of the EFSF, flew to Beijing last weekend to persuade China to put money in the bailout fund, but he claimed that it was just a normal visit.

Asked about the possibility that China could offer a further assistance, Regling did not comment directly. He said a special purpose investment vehicle is a worthy option for investors because it is guaranteed by European governments.

Regling also pointed out that China has purchased EFSF bonds, but declined to reveal how much the country has purchased.

The special purpose investment vehicle, specially created by the EFSF as an investment vehicle, would issue bonds using money from private capital, sovereign wealth funds and the International Monetary Fund.


Now it's up to great France and India to save the world. China is too poor to do that
 

redragon

Regular Member
Joined
Sep 20, 2009
Messages
956
Likes
58
Country flag
Please, »France and India, save the world, I am begging you, China will crash if you don`t do that, no one can`t afford cheap chinese products without you two great countries
 

Ray

The Chairman
Professional
Joined
Apr 17, 2009
Messages
43,132
Likes
23,834
Owing to labour unrest demanding higher wage and fairer practices, the goods of China is getting expensive.

The MNCs are moving out to other countries like Thailand.
 

Ray

The Chairman
Professional
Joined
Apr 17, 2009
Messages
43,132
Likes
23,834
The problem in China is that the US has played a trick on China, by rushing in to invest in China and starting the industrial boom.

It has ruined the time tested systems that has made China a well disciplined and self supporting country like the Hokou and Danwei system.

The result has been overcrowding of cities with rural West China labour (who are a bit rough in behaviour) and who are now creating problem wanting better wages and better facilities.

If their grievances are not addressed, it can lead to great unrest.
 

SPIEZ

Senior Member
Joined
Sep 24, 2011
Messages
3,508
Likes
1,021
Country flag
The problem in China is that the US has played a trick on China, by rushing in to invest in China and starting the industrial boom.

It has ruined the time tested systems that has made China a well disciplined and self supporting country like the Hokou and Danwei system.

The result has been overcrowding of cities with rural West China labour (who are a bit rough in behaviour) and who are now creating problem wanting better wages and better facilities.

If their grievances are not addressed, it can lead to great unrest.
Sir, tell us in detail about Hokou, for people like me who don't know anything about it!
 

niceguy2011

Tihar Jail
Banned
Joined
Jan 13, 2011
Messages
656
Likes
17
Owing to labour unrest demanding higher wage and fairer practices, the goods of China is getting expensive.

The MNCs are moving out to other countries like Thailand.
What a wet dream.LOL
India , thailand and other Asian countries have only lower wage cost, how about another costs?do u have enough electrcitys? Do u have road to transfer goods? Do u have production chain?....LOL
western media talk about the rising wage in China back to 1996 ,but we producing more and more goods.LOL
BTW, before u trying to understand China, u have to understand ur country first.LOL
 
Last edited:

maomao

Veteran Hunter of Maleecha
Senior Member
Joined
Apr 7, 2010
Messages
5,033
Likes
8,354
Country flag
What a wet dream.LOL
India , thailand and other Asian countries have only lower wage cost, how about another costs?do u have enough electrcitys? Do u have road to transfer goods? Do u have production chain?....LOL
western media talk about the rising wage in China back to 1996 ,but we producing more and more goods.LOL
BTW, before u trying to understand China, u have to understand ur country first.LOL
Which Chicom institute have you passed/graduated? The level of brain washing you have got only Reeks one words i.e Dumbass, you and pakis will soon be at the same level, I had thought chinese were better than failed state pakistanis who are delusional to the core!! :)

We do not have roads? Electricity? etc etc.....Then why do you think all the MNCs are turning towards India? Thailand and Other Asian countries are any day better in infrastructure than China with its Ghost Towns, Falling Bridges, and Flying (off the bridges) cheapa@@ Bullet trains.........et al.

Cost of living is way to high in China and it will keep on spiraling up.....China is not a the most favored destination for manufacturing nowadays it's Thailand, Philippines, Vietnam...and India is catching up way too fast......!!

I think you have been rendered demented beyond repair thats why first you ask us to know about slave chinese/china, then challenge us that we don't know about ourselves - this only portrays that CCP has been successful at creating an army of slave labor for CCP, which will do anything to please their chicom masters...and you say we don't know china......here is one for you - LOL :D
 

niceguy2011

Tihar Jail
Banned
Joined
Jan 13, 2011
Messages
656
Likes
17
Ok, where is ur pc from?LOL
Also ur router , cable, mouse, keyboad.......LOL
BTW," brain washed" is such a good word to describe U. LOL

Which Chicom institute have you passed/graduated? The level of brain washing you have got only Reeks one words i.e Dumbass, you and pakis will soon be at the same level, I had thought chinese were better than failed state pakistanis who are delusional to the core!! :)

We do not have roads? Electricity? etc etc.....Then why do you think all the MNCs are turning towards India? Thailand and Other Asian countries are any day better in infrastructure than China with its Ghost Towns, Falling Bridges, and Flying (off the bridges) cheapa@@ Bullet trains.........et al.

Cost of living is way to high in China and it will keep on spiraling up.....China is not a the most favored destination for manufacturing nowadays it's Thailand, Philippines, Vietnam...and India is catching up way too fast......!!

I think you have been rendered demented beyond repair thats why first you ask us to know about slave chinese/china, then challenge us that we don't know about ourselves - this only portrays that CCP has been successful at creating an army of slave labor for CCP, which will do anything to please their chicom masters...and you say we don't know china......here is one for you - LOL :D
 
Last edited:

Armand2REP

CHINI EXPERT
Senior Member
Joined
Dec 17, 2009
Messages
13,811
Likes
6,734
Country flag
redragon said:
Regling also pointed out that China has purchased EFSF bonds, but declined to reveal how much the country has purchased.
If you purchase EFSF bonds, you bought into the bailout fund.
 

Tianshan

Regular Member
Joined
Jun 2, 2011
Messages
675
Likes
249
It has ruined the time tested systems that has made China a well disciplined and self supporting country like the Hokou and Danwei system.
Sir, tell us in detail about Hokou, for people like me who don't know anything about it!
there is no such thing as Hokou.

it is Hukou, and you can read about it anywhere on the internet.
 

Tianshan

Regular Member
Joined
Jun 2, 2011
Messages
675
Likes
249
Dumbass, you and pakis will soon be at the same level, I had thought chinese were better than failed state pakistanis who are delusional to the core!!

I think you have been rendered demented beyond repair thats why first you ask us to know about slave chinese/china, then challenge us that we don't know about ourselves - this only portrays that CCP has been successful at creating an army of slave labor for CCP, which will do anything to please their chicom masters...and you say we don't know china......here is one for you - LOL
now all you need to do:

find the reason that you are so far behind a nation of "delusional chicom slaves".
 

CherrywoodHunter

Regular Member
Joined
Nov 7, 2011
Messages
71
Likes
15
Didn't happen...

No China concessions to invest in EFSF - Sarkozy aide | Reuters

China has no choice but to invest because 25% of its FX reserves are in the Euro. It can't afford to lose hundreds of billions in a currency devaluation so it will do anything to prop up the Euro. Any deal made will be a better investment than the hundreds of billions China loses in the dollar depreciation.
Wow is this blackmail or what? Yes it is of China's interest to help EU go though the debt crisis, but please do not take advantage of us. China's EFSF bond purchase is more of a goodwill than a obligation. It's not like we ask for extra. We just invest so we do care what return we will get.

While EU bashes China all the time for currency manipulation, you guys are doing the same thing. PIIGS does keep euro low, which is in favor of Germany and France exports benefit. PIIGS' bond yield was sky high. How much money did those French and German banks make? PIIGS messed up their own things, so they should be self-motivated to get back on the right track. France and Germany don't act like a crybaby, take your responsibility of bailing out PIIGS. You benefited from PIIGS' sucking, not us.

BTW pricing tags of crude mats are always written by EU and US despite China is the No.1 consumer. Debt crisis is a very good opportunity for China to get some reasonable pricing power back.
 
Last edited:

Bangalorean

Ambassador
Joined
Nov 28, 2010
Messages
6,233
Likes
6,853
Country flag
now all you need to do:

find the reason that you are so far behind a nation of "delusional chicom slaves".
Simple answer:

Because the 'delusional Chicom slaves' became realistic and practical in 1979, under Deng Xiaoping.

And 'deluded quasi-socialist Indians' became realistic and practical in 1991, under Narasimha Rao.

That is all there is to it.
 

niceguy2011

Tihar Jail
Banned
Joined
Jan 13, 2011
Messages
656
Likes
17
Well, it must be a magic 12 years to make such a difference.LOL


Simple answer:

Because the 'delusional Chicom slaves' became realistic and practical in 1979, under Deng Xiaoping.

And 'deluded quasi-socialist Indians' became realistic and practical in 1991, under Narasimha Rao.

That is all there is to it.
 

Latest Replies

Global Defence

New threads

Articles

Top