quote:

Examples of over-education are common in China. Thirty-year-old Louis Yang works on the sales floor of an Apple Store in the city of Chengdu. He has a master’s degree in computer science from a top Australian university. It’s the only offer he got, he told Barron’s by phone.

SPOILER

China’s record-breaking youth unemployment rate is grabbing significant attention, and understandably so. The jobless rate for Chinese aged 16 to 24 rose to 20.4% in April, officials announced last week.

That means that 1 in 5 of these 170 million young Chinese attempting to kick-start their careers simply can’t find work. For perspective, the ratio in Europe was 14.3% in March, while the U.S. was at 6.5% in April.

Worries abound in China, from the government to universities to families, most of which have only one offspring. That concern may not be translating into helpful solutions, experts said. Government policies are too small or mis-targeted. Universities are adapting too slowly. Even China’s longstanding emphasis on high education may actually be backfiring: a glut of advanced degrees in China has eroded their value.

But things can always get worse. Next month, 11.6 million college students will graduate and leap into this mad scramble.

The causes of this grim marketplace are complex and numerous. China’s draconian lockdowns during Covid didn’t just temporarily disrupt economic activity. Many smaller and private firms, which disproportionately employ younger workers, didn’t have the financial means to survive months of shutdown.

Most economists also predicted China’s post-Covid recovery would be stronger by now. But while the country’s 4.5% GDP growth in the first quarter may be unimpressive by China standards, it isn’t terrible. Neither is the 5.2% overall unemployment rate.

The retail sector is obviously watching nervously. In a report on Monday, Goldman Sachs Group GS +1.27% warned about the possibility of unemployment persisting in an age group that accounts for 20% of China’s consumption.

The implications extend to China’s wobbly overall economic recovery itself, which has increasingly relied on consumption as factory output, the traditional engine of China’s growth, has stalled. Industrial output grew only 5.6% in April from a year earlier, while retail sales—a gauge of consumption—leapt 18.4%, data released last week show. Neither number met expectations. But China can hardly afford to have a segment of its biggest domestic spenders out of work for extended periods if it hopes for a balanced recovery.

Other culprits for youth joblessness are China’s crackdowns on the tech and education sectors in recent years—areas that are traditional hiring grounds for young talent. Data on employment damage from these regulatory campaigns are hard to come by, but big tech firms lost billions of dollars, and private education companies—after-school tutoring firms, for example—were ordered to become nonprofit or close.

What’s getting less attention is that highly educated youth are struggling more than their lesser educated peers at finding work. The unemployment rate for college graduates is 1.4 times higher than the overall youth rate, according to the Development Research Center at China’s State Council.

Scholars in the U.S. and China investigating youth employment have shed light on this counterintuitive phenomenon.

Graduates, even one with prestigious degrees, simply don’t have the skills that match current openings. So either companies don’t want them or the candidates don’t want the positions. Therefore, when well-educated graduates do accept roles, it’s often the “wrong” work.

One researcher, Li Xiaoguang, an assistant professor at Xi’an Jiaotong University, said it isn’t so much that companies aren’t hiring. Rather, Chinese universities aren’t adequately preparing students for the existing job market.

One result is that graduates are settling for positions they are “over-credentialed” for, many with advanced degrees. The researchers estimate that 24% of graduates fall into this category, which they call a “vertical mismatch.”

Examples of over-education are common in China. Thirty-year-old Louis Yang works on the sales floor of an Apple Store in the city of Chengdu. He has a master’s degree in computer science from a top Australian university. It’s the only offer he got, he told Barron’s by phone.

The researchers found that another third of young Chinese have a “horizontal mismatch”—they accept a position, often out of necessity, that has little relation to what they studied.

Ailin Zhou exemplifies both types of mismatches. She finished her master’s degree in accounting from the United Kingdom three years ago. She now works at a clothing store in a Shanghai mall.

After searching unsuccessfully for positions in her field, she applied on a whim and took the offer. She doesn’t plan to continue looking for accounting roles, she told Barron’s.

Chinese have so aggressively pursued higher education in recent years that advanced degrees have lost value, said Wu Xiaogang, a sociology professor at NYU Shanghai.

This type of “degree inflation” began decades ago in the west. A glut of prestigious or advanced degrees resulted in a watering down such that they no longer resulted in jobs with salaries that justified the educational investment.

In the U.K. and the U.S., market forces intervened, Wu explained. Prospective students noted the diminished value, and many stopped pursuing them or even attending college at all. This shrank the pool of prestigious graduates, and degrees regained value.

The problem is that China doesn’t seem to be responding to its degree inflation. Huge numbers are still seeking advanced degrees in droves. Wu attributes it partially to Chinese culture’s strong emphasis on higher education. “If this mindset doesn’t change, China’s over-education problem will only get worse,” he said.

In addition to being a waste of resources, there may be long-term career implications. Taking a job “beneath” you, or getting stuck in a field that doesn’t match your training, is “highly sticky,” said Li and her research collaborator Yao Lu, a sociology professor at Columbia University.

“This kind of unfavorable work experience sends a negative signal to prospective employers and therefore impedes their future job search,” they told Barron’s in an email. “Unemployment or working in lesser positions also leads to skill deterioration and obsolescence that makes upward mobility difficult.”

quote:

“I was turned down because I only have a bachelor’s degree. Schools nowadays, even primary schools, require master’s degrees for PE teachers,” said Fu, who majors in sports training at Shenyang Sport University.

SPOILER

HONG KONG—China’s failure to reverse a sharp rise in youth unemployment is becoming a bigger headache for Beijing, with many economists saying the problem reflects a jobs mismatch that could defy government solutions for years.

Joblessness among young people aged 16 to 24 rose to a record of 20.4% in April, significantly higher than a few months ago and far above the prepandemic rate of 13% or lower in most of 2019.

The rise was all the more surprising given that urban unemployment overall fell to 5.2% in China as of April, compared with 6.1% a year earlier.

Some economists believe the job market for young people will get worse before it gets better, with a record 11.6 million college students set to graduate this summer.

A central problem, economists say, is that China isn’t creating enough of the high-wage, high-skill jobs that are sought after by its expanding base of educated young people, many of whom have loftier expectations than previous generations.

Rather than trade down for lower-wage jobs, many young people are opting to wait for more opportunities, even though such opportunities might not be available.

“China’s high youth unemployment rate is not transitory but structural,” said David Wang, chief China economist at Credit Suisse. “There is a mismatch in the skills the youth are trained to provide and the skills that existing jobs require.”

Chinese officials are trying several tactics to address the problem, including mandating that state-owned companies hire more graduates, while also prodding more young people to take up blue-collar work or move to the countryside.

Many young people, however, are uninterested in blue-collar jobs. And opportunities at state-owned enterprises remain in short supply, despite the government’s prodding.

Sun Yuexing, who is about to graduate from Beijing Foreign Studies University in less than two months, spent hours handing out résumés at a recent job fair in Beijing. She said she had lowered her salary expectations, but landed no offer yet.

“It’s sad to realize that I will be unemployed upon graduation,” said the 24-year old English major. “The competition is so fierce.”

If China fails to supply a generation of young people with work, it could put pressure on wage growth and slow down Beijing’s desire to build an economy driven more by consumption. It could also undermine social stability, if more young people become dissatisfied.

Some economists still believe the problem is a passing phenomenon, and that many more youths will find work as China’s broader economic recovery continues.

Young people are particularly vulnerable to unemployment during downturns—like the one China experienced last year—because of their relative lack of work experience, economists say. Many jobs that got hammered during the pandemic were in fields that are popular among young people, including tourism and catering; those industries are now recovering.

It’s just “a matter of time” before employment returns to normal as service employment picks up, said Arthur Kroeber, managing director of Gavekal Dragonomics, a research firm.

Others, however, say the problem reflects imbalances in China’s economy that are making it hard for Chinese youths to find what they want, and which are likely to be persistent.

The economy overall is becoming more oriented toward services. However, many of the services jobs created during the past decade are lower-end roles, such as delivery drivers and restaurant waiters, which don’t necessarily attract university graduates, said Rory Green, head of China and Asia research at TS Lombard, a research firm.

China has significantly expanded high education enrollment during the past decade. In the past three years, more than 28 million college graduates entered the labor market, accounting for about two-thirds of the new urban labor supply.

“The gig economy has been doing a lot of the heavy lifting in job creation,” Green said. “So we see a gap between the massive number of top-quality graduates and the type of jobs that are suited for their skill sets.”

A survey by Zhaopin.com, an online recruitment platform, shows that around 30% of college students graduating this summer desire to work in the internet, telecommunications and education sectors, despite regulatory crackdowns in recent years that roiled many of those industries and left private employers wary of adding staff.

With more graduates to choose from, employers can afford to be picky.

Fu Zihao said he sent résumés to almost every school recruiting physical education teachers in Beijing, but was left empty-handed.

“I was turned down because I only have a bachelor’s degree. Schools nowadays, even primary schools, require master’s degrees for PE teachers,” said Fu, who majors in sports training at Shenyang Sport University. He said he will keep trying until he gets hired.

As the average Chinese household grows wealthier, more young people can afford to take a longer time hunting for jobs compared with their parents’ generation, said Larry Hu, chief China economist at Macquarie Group.

Many are going back to school for more advanced degrees. A record 4.7 million undergraduate students signed up for exams to compete for 1.2 million spots in graduate schools this year. In 2021, nearly one-third of universities in Shanghai already had more graduate students than undergraduate students, according to a state media report.

Young people who delay entering the workforce or abandon job searches aren’t counted as job seekers in official statistics, according to Nancy Qian, a professor of economics at Northwestern University. If they were counted, the actual jobless rate would be even higher, she said.

In a teleconference with government officials earlier this month, China’s vice premier, Ding Xuexiang, mandated that state-owned companies should hire more graduates this year. That, along with other measures, is designed to help the country hit a target of around 12 million new jobs created in 2023.

April, the local government in Guangdong set a goal of steering 300,000 graduates in the next three years to help incubate startups and pursue careers in rural regions.

Authorities are also trying to persuade educated youths to dial down their expectations, taking jobs they might consider beneath them.

To help make the point, state media reports have invoked lessons from a character from an early 20th century Chinese novel who was an impoverished scholar too proud to take a job or mingle with laborers.

State media also aired an interview with a young couple earning more than $1,200 a day selling potatoes and tofu at a night market in the eastern city of Yiwu—a reminder that people can earn a lot doing work that some educated young people might see as unrewarding. Netizens later questioned the authenticity of the couple’s income.

Some young graduates have lowered their expectations, though in some cases they are doing so in hopes of moving up the ladder later.

One student who is majoring in international finance in Beijing said in an interview that he decided to start working at a nursing home in a mountainous village in southwestern Guizhou province. The job pays around 3,000 yuan, equivalent to $427, a month.

Two years’ service in the less developed region will earn him additional points on postgraduate entrance exams, or could help him to become a civil servant working for the local government, he said.

“It’s not hard to land a job, but it’s hard to land a decent one,” he said.

quote:

Op vrijdag 26 mei 2023 12:18 schreef slashdotter3 het volgende:
De huidige situatie in China voelt wel wat aan als wat eraan zit te komen wanneer AI 100en soorten banen overbodig maakt

Er is zo'n overaanbod aan kandidaten dat je voor een baan als gym leraar op een basisschool tegenwoordig een Masters degree moet hebben
[..]
https://www.wsj.com/artic(...)nemployment-f22e3b8c
China Has a Youth Unemployment Problem Because College Grads Are Waiting for Jobs That Don’t Exist

Despite economic recovery, young people find it hard to land jobs, and Beijing can’t seem to find a solution

SPOILER

HONG KONG—China’s failure to reverse a sharp rise in youth unemployment is becoming a bigger headache for Beijing, with many economists saying the problem reflects a jobs mismatch that could defy government solutions for years.

Joblessness among young people aged 16 to 24 rose to a record of 20.4% in April, significantly higher than a few months ago and far above the prepandemic rate of 13% or lower in most of 2019.

The rise was all the more surprising given that urban unemployment overall fell to 5.2% in China as of April, compared with 6.1% a year earlier.

Some economists believe the job market for young people will get worse before it gets better, with a record 11.6 million college students set to graduate this summer.

A central problem, economists say, is that China isn’t creating enough of the high-wage, high-skill jobs that are sought after by its expanding base of educated young people, many of whom have loftier expectations than previous generations.

Rather than trade down for lower-wage jobs, many young people are opting to wait for more opportunities, even though such opportunities might not be available.

“China’s high youth unemployment rate is not transitory but structural,” said David Wang, chief China economist at Credit Suisse. “There is a mismatch in the skills the youth are trained to provide and the skills that existing jobs require.”

Chinese officials are trying several tactics to address the problem, including mandating that state-owned companies hire more graduates, while also prodding more young people to take up blue-collar work or move to the countryside.

Many young people, however, are uninterested in blue-collar jobs. And opportunities at state-owned enterprises remain in short supply, despite the government’s prodding.

Sun Yuexing, who is about to graduate from Beijing Foreign Studies University in less than two months, spent hours handing out résumés at a recent job fair in Beijing. She said she had lowered her salary expectations, but landed no offer yet.

“It’s sad to realize that I will be unemployed upon graduation,” said the 24-year old English major. “The competition is so fierce.”

If China fails to supply a generation of young people with work, it could put pressure on wage growth and slow down Beijing’s desire to build an economy driven more by consumption. It could also undermine social stability, if more young people become dissatisfied.

Some economists still believe the problem is a passing phenomenon, and that many more youths will find work as China’s broader economic recovery continues.

Young people are particularly vulnerable to unemployment during downturns—like the one China experienced last year—because of their relative lack of work experience, economists say. Many jobs that got hammered during the pandemic were in fields that are popular among young people, including tourism and catering; those industries are now recovering.

It’s just “a matter of time” before employment returns to normal as service employment picks up, said Arthur Kroeber, managing director of Gavekal Dragonomics, a research firm.

Others, however, say the problem reflects imbalances in China’s economy that are making it hard for Chinese youths to find what they want, and which are likely to be persistent.

The economy overall is becoming more oriented toward services. However, many of the services jobs created during the past decade are lower-end roles, such as delivery drivers and restaurant waiters, which don’t necessarily attract university graduates, said Rory Green, head of China and Asia research at TS Lombard, a research firm.

China has significantly expanded high education enrollment during the past decade. In the past three years, more than 28 million college graduates entered the labor market, accounting for about two-thirds of the new urban labor supply.

“The gig economy has been doing a lot of the heavy lifting in job creation,” Green said. “So we see a gap between the massive number of top-quality graduates and the type of jobs that are suited for their skill sets.”

A survey by Zhaopin.com, an online recruitment platform, shows that around 30% of college students graduating this summer desire to work in the internet, telecommunications and education sectors, despite regulatory crackdowns in recent years that roiled many of those industries and left private employers wary of adding staff.

With more graduates to choose from, employers can afford to be picky.

Fu Zihao said he sent résumés to almost every school recruiting physical education teachers in Beijing, but was left empty-handed.

“I was turned down because I only have a bachelor’s degree. Schools nowadays, even primary schools, require master’s degrees for PE teachers,” said Fu, who majors in sports training at Shenyang Sport University. He said he will keep trying until he gets hired.

As the average Chinese household grows wealthier, more young people can afford to take a longer time hunting for jobs compared with their parents’ generation, said Larry Hu, chief China economist at Macquarie Group.

Many are going back to school for more advanced degrees. A record 4.7 million undergraduate students signed up for exams to compete for 1.2 million spots in graduate schools this year. In 2021, nearly one-third of universities in Shanghai already had more graduate students than undergraduate students, according to a state media report.

Young people who delay entering the workforce or abandon job searches aren’t counted as job seekers in official statistics, according to Nancy Qian, a professor of economics at Northwestern University. If they were counted, the actual jobless rate would be even higher, she said.

In a teleconference with government officials earlier this month, China’s vice premier, Ding Xuexiang, mandated that state-owned companies should hire more graduates this year. That, along with other measures, is designed to help the country hit a target of around 12 million new jobs created in 2023.

April, the local government in Guangdong set a goal of steering 300,000 graduates in the next three years to help incubate startups and pursue careers in rural regions.

Authorities are also trying to persuade educated youths to dial down their expectations, taking jobs they might consider beneath them.

To help make the point, state media reports have invoked lessons from a character from an early 20th century Chinese novel who was an impoverished scholar too proud to take a job or mingle with laborers.

State media also aired an interview with a young couple earning more than $1,200 a day selling potatoes and tofu at a night market in the eastern city of Yiwu—a reminder that people can earn a lot doing work that some educated young people might see as unrewarding. Netizens later questioned the authenticity of the couple’s income.

Some young graduates have lowered their expectations, though in some cases they are doing so in hopes of moving up the ladder later.

One student who is majoring in international finance in Beijing said in an interview that he decided to start working at a nursing home in a mountainous village in southwestern Guizhou province. The job pays around 3,000 yuan, equivalent to $427, a month.

Two years’ service in the less developed region will earn him additional points on postgraduate entrance exams, or could help him to become a civil servant working for the local government, he said.

“It’s not hard to land a job, but it’s hard to land a decent one,” he said.

quote:

Op vrijdag 26 mei 2023 16:41 schreef Eyjafjallajoekull het volgende:
Geef het 20 jaar en

quote:

Op zaterdag 27 mei 2023 00:36 schreef Hexagon het volgende:
Kunnen ze niet oldskool communistisch banen verzinnen? Zoals iemand bij de openbare wc die je een stuk wc-papier geeft. Of iemand die in een museum je kaartje doorscheurt, nadat je al door een poortje bent gegaan.

quote:

Op zaterdag 27 mei 2023 00:04 schreef vaarsuvius het volgende:

[..]
zo lang? ik denk dat ze wel eerder al gaan staan springen om nieuwe mensen.. vanaf ca. 2030
(onder voorbehoud dat de CCP niet de hele economie om zeep helpt)

quote:

Op zaterdag 27 mei 2023 08:37 schreef icecreamfarmer_NL het volgende:
Jongere opgeleide mensen zonder baan is een recept voor onrust en revoluties.

quote:

Op zaterdag 27 mei 2023 08:41 schreef slashdotter3 het volgende:

[..]
Een van de trucs die ze nu toepassen is ze met honderdduizenden tegelijk op het platteland dumpen.
Dat krikt de werkeloosheidcijfers van de grote steden op
En ze kunnen niet meer protesteren op straat

quote:

Op zaterdag 27 mei 2023 12:57 schreef machtpen het volgende:
Is een dikke partij onzin wat hier allemaal genoemd wordt en alles wordt compleet uit het verband getrokken.

China outsourced al langer dan 10 jaar naar hun buurlanden en nu wordt het platteland ontwikkelt omdat daar alle arbeidskrachten waren weggetrokken. Voedsel werd maar geïmporteerd voor een deel omdat de industrie meer opbracht.

quote:

Op zaterdag 27 mei 2023 12:59 schreef FlippingCoin het volgende:

[..]
Dus die hoge werkeloosheid is onzin stel jij?

quote:

27th May 2023 – (Hong Kong) A 24-year-old woman reported that she was allegedly filmed under her skirt using a mobile phone while using a handrail in an elevator at an indoor location on Wai Yip Street, Ngau Tau Kok at noon today. During the incident, a 41-year-old man attempted to intervene and stop the suspect, but was punched by the suspect.


Police officers arrived at the scene and arrested a 27-year-old man surnamed Chan on suspicion of illegal filming or observing of intimate body parts and assault causing bodily harm. The case was handed over to the Criminal Investigation Team of the Sau Mau Ping Police District. The man who was attacked suffered injuries to his hands, nose, and feet and was sent to the hospital for treatment while in a conscious state.

quote:

23rd February 2023 – (Xi’an City) A man named Zhang, hailing from Xi’an City in Shaanxi Province, China, had been working away from home for several years. He returned home during the Chinese New Year festivities this year and checked into a hotel close to the train station. Feeling lonely, he decided to hire a prostitute to spend the Spring Festival with. To his surprise, the person who responded to his call was none other than his wife. In a fit of rage, Zhang beat up his wife, and both were subsequently detained. The incident, which occurred recently, has caused shock and disbelief among many netizens. According to various Chinese media reports, Zhang had married a woman named Shen in Xi’an, Shaanxi Province. Zhang had left for work, leaving his wife to manage the household, as well as to take care of their child’s tuition fees. The family usually reunites only during the Chinese New Year and summer vacation. Zhang returned home before the Chinese New Year this year, but it was already midnight when he arrived at the station. Not wanting to inconvenience his family, he found a nearby hotel to stay in and planned to wait until morning before heading back.


While Zhang was about to fall asleep, a card with a phone number and pictures of “sexy women” was slipped under his door. He then decided to call a prostitute. Soon after, there was a knock on the door, and Zhang impatiently opened it, turned around, and lay back on the bed, waiting for the other party to serve him. However, to his shock, the other party was none other than his wife, who had been at home, taking care of their child and the elderly. Upon seeing her, Zhang became infuriated, and forcibly turned her around to face him. This act made him realise that he had been paying for sex with his own wife. Enraged, Zhang attacked his wife, and she screamed and cried out for help. The commotion attracted the attention of nearby hotel guests and staff, some of whom alerted the police. Upon arriving at the scene, the police arrested both parties and took them to the police station. After understanding the entire situation, Zhang was sentenced to eight days of administrative detention and a fine of 400 yuan, while his wife was sentenced to three days of administrative detention and a fine of 200 yuan. The incident has sparked outrage and disbelief among many, and serves as a cautionary tale about the dangers of infidelity and the importance of communication in a marriage.

quote:

Op zondag 28 mei 2023 01:15 schreef Terrorizer het volgende:
China Shitpost topic.

quote:

Op zondag 28 mei 2023 01:39 schreef slashdotter3 het volgende:

[..]
Er is waanzinnig veel te bespreken over China
Enerzijds de enorme werkeloosheid maar verder ook andere topics:
• huizenmarkt die is ingestort
• bedrijven die wegtrekken naar het buitenland
• enorme milieuvervuiling
• Uyghurs
• Orgaandiefstal
• CCP
• de politiestaat
• de handelsoorlog met de VS
• Chinese asielzoekers die aankloppen bij de VS
• social credit system
• de cut throat samenleving waar op straat niemand elkaar durft te helpen uit angst aangeklaagd te worden
• de communistische samenleving waar alles van boven wordt bepaald met rampzalige lokale gevolgen
• Hong Kong en de mensen die naar de UK zijn geemigreerd
• de aanstaande oorlog met Taiwan en de VS
• de handel met Afrika
• alle conflicten die ze met hun buurlanden hebben (India, Vietnam, Japan, Filipijnen)
• de enorme hoeveelheid deceptie om zich beter voor te doen (gras verven maar ook promo filmpjes waar basisschoolleerlingen zogenaamd via VR les krijgen)
• belt and road initiative

quote:

China and Democratic Republic of the Congo (DRC) elevate bilateral relationship to comprehensive strategic cooperative partnership
By Dimsumdaily Hong Kong -11:58PM Fri May 26, 202375

President Xi (left) and DRC President Felix-Antoine Tshisekedi Tshilombo (right).
26th May 2023 – (Beijing) Chinese President Xi Jinping and DRC President Felix-Antoine Tshisekedi Tshilombo announced on Friday that the bilateral relationship between their countries has been upgraded to a comprehensive strategic cooperative partnership from a strategic partnership of win-win cooperation.

During their talks in Beijing, President Xi noted that China and the DRC have been strategic partners with deep traditional friendship forged in the course of fighting for national liberation and opposing colonial aggression.

In recent years, bilateral cooperation in various fields has yielded fruitful results, with China being the DRC’s largest trading partner and source of foreign investment for many years in a row, Xi added. He also noted that the two sides have forged a close community of shared interests and shared future.

Xi stressed that China’s successful experience in its path to modernization shows that developing countries have the right and the ability to explore modernization paths suited to their national conditions. China is ready to synergize its development strategies with the DRC, support each other, and promote cooperation and development.

Xi expressed his belief that China’s high-quality development will provide more cooperation opportunities and a broader market for the DRC, thus promoting greater development of bilateral relations. China will continue to help the DRC in its economic and social development, support its industrialization strategy, strengthen cooperation in energy, mining, agriculture, infrastructure, and manufacturing, and tap the potential of cooperation in the digitaleconomy, education, and health. Xi also expressed China’s readiness to send agricultural technology experts to the DRC.

Furthermore, China hopes that the DRC will provide policy support and service convenience for Chinese enterprises to invest and do business in the DRC, and foster a fair, just, and safe business environment.

In addition to strengthening coordination and cooperation with the DRC in multilateral affairs, Xi called on the two sides to uphold the basic norms governing international relations. They should oppose all forms of hegemonism and power politics, interference in other countries’ internal affairs, and safeguard the common interests of developing countries.


Xi emphasised that China and Africa have always been a community with a shared future, and the two sides need to strengthen solidarity and cooperation more than ever under the current international situation. China firmly supports Africa in pursuing an independent development path and becoming an important pole in world politics, economy, and civilisation.

Tshisekedi, for his part, congratulated China on the success of the 20th National Congress of the Communist Party of China (CPC) and the “two sessions,” and Xi’s reelection as general secretary of the CPC Central Committee and the Chinese president, as well as China’s extraordinary achievements in the new era under President Xi’s leadership.

He expressed his conviction that China will realise its Second Centenary Goal of building China into a great modern socialist country in all respects.

Tshisekedi thanked China for its important assistance and valuable support for the economic and social development of the DRC over the past half century. He also reaffirmed the DRC’s adherence to the one-China policy and support for China’s efforts to achieve national reunification.

The DRC is willing to work with China to deepen cooperation in economy, trade, resources, infrastructure, medical care, and other fields to enrich the comprehensive strategic cooperative partnership and build a mature, stable, and groundbreaking relationship for the benefit of the two peoples, Tshisekedi said.

Following their talks, the two presidents witnessed the signing of a number of bilateral cooperation documents in investment, green economy, digital economy, and other fields.

Prior to the talks, President Xi held a welcome ceremony for President Tshisekedi at the square outside the Great Hall of the People. In the evening, President Xi and his wife Peng Liyuan held a banquet for President Tshisekedi and his wife Denise Nyakeru Tshisekedi at the Great Hall of the People.

quote:

Chinese Commerce Minister and WTO Director-General discuss WTO agreement and MC13 preparations
By Dimsumdaily Hong Kong -12:41PM Sat May 27, 202346

Wang Wengtao (left) and WTO Director-General Ngozi Okonjo-Iweala (right).
27th May 2023 – (Detroit) Chinese Commerce Minister Wang Wentao met with WTO Director-General Ngozi Okonjo-Iweala at the 2023 APEC Ministers Responsible for Trade Meeting in an effort to discuss important issues such as the ratification of the WTO Agreement on Fisheries Subsidies and preparations for the upcoming 13th Ministerial Conference (MC13) of the WTO.

During their meeting, the two sides exchanged views on these crucial topics and expressed their appreciation for each other’s efforts. Okonjo-Iweala praised China’s positive and constructive role in the WTO and looked forward to China’s continued leadership in promoting the success of the MC13.

Wang emphasised that China practices true multilateralism and actively participates in the reform of the WTO. He also pledged to make contributions to the success of the MC13 through concrete actions.


The ratification of the WTO Agreement on Fisheries Subsidies is a critical issue that has been under discussion for years. The agreement, which aims to eliminate harmful fishing subsidies that contribute to overfishing and overcapacity, was reached in 2015 but has yet to be ratified by all WTO members.

Preparations for the upcoming MC13, which is set to take place in 2023, are also of great importance. The conference will provide an opportunity for WTO members to discuss and negotiate on a range of issues related to global trade.

quote:

Waar komen de indianen vandaan?
Een uitgebreid DNA-onderzoek werpt licht op het mysterie waar de Amerikaanse indianen oorspronkelijk vandaan kwamen. In ruim 100.000 DNA-monsters is gezocht naar aanwijzingen die teruggaan tot de ijstijd.

GEPUBLICEERD OP 27.05.23
DOOR EMRAH SÜTCÜ


ADVERTENTIE

Wetenschappers hebben lang gedacht dat Noord-Amerikaanse indianen afstamden van Siberische mensen die over de Beringstraat naar Noord-Amerika migreerden.

Maar een belangrijke nieuwe studie van de Chinese Academie van Wetenschappen verwijst die theorie naar het rijk der fabelen.

Volgens de onderzoekers kwamen de migranten uit Noord-China.

Als onderdeel van de studie analyseerde het onderzoeksteam 100.000 hedendaagse en 15.000 oudere DNA-monsters. De onderzoekers zochten naar zogeheten mitochondriaal DNA, dat van de moeder wordt geërfd.

Met behulp van genetische analyses identificeerde het team een specifieke DNA-lijn genaamd D4h, die voorkomt van China tot Amerika.

De zeldzame lijn is vastgesteld bij 216 levende en 39 overleden mensen en verplaatste zich tijdens twee migratiegolven van Azië naar Amerika.

De eerste was van 26.000 tot 19.500 jaar geleden, toen de laatste ijstijd op zijn koudst was en Noord-China grotendeels ijs was. De volgende migratieperiode vond plaats rond 19.000 tot 11.500 jaar geleden, toen door stijgende bevolkingsaantallen mogelijk meer mensen uit China weggingen.


De stamboom van de Amerikaanse indianen is te herleiden naar China, blijkt uit een studie.

© Shutterstock
De Chinezen staken de zee over
De studie suggereert ook dat de indiaanse voorouders niet via de Beringstraat reisden, zoals eerder gedacht, maar vanuit China noordwaarts langs de kust van de Grote Oceaan migreerden.

Uiteindelijk staken ze via het noordelijkste deel van de oceaan over naar Noord-Amerika, ver onder de Beringstraat.

ADVERTENTIE

SIVILISAATIOT

SIVILISAATIOT
Hevonen mullisti intiaanien maailman
LEES OOK:
Volgens de Chinese onderzoekers toont hun studie aan dat de genetische band van indianen met Azië ‘gecompliceerder is dan eerder gesuggereerd’.

‘We zijn nu van plan om meer Euraziatische DNA-lijnen te verzamelen en te bestuderen om een completer beeld te krijgen van de Amerikaanse voorouders,’ zegt DNA-onderzoeker Qing-Peng Kong, een van de onderzoekers.

Legendarische indiaanse stamhoofden
Toen Europeanen steeds meer van Noord-Amerika begonnen te koloniseren, kwamen ze inheemse indianen tegen die hun land wilden verdedigen. Zij werden geleid door onverschrokken stamhoofden.


© Public Domain
Sitting Bull
Leefde: circa 1831-1890
Stam: Hunkpapa Lakota

Stamhoofd Sitting Bull stond bekend om zijn moed en wijsheid. Hij verdedigde de levenswijze, de rechten en het land van zijn volk tegen de blanke kolonisten. Zijn standvastige verzet bij de Slag bij de Little Bighorn in 1876 vereeuwigde hem in de Amerikaanse geschiedenis.

quote:

Ontevreden over kwaliteit afhaalchinees, geen compensatie

Ongelezen bericht door Sandra C » 17 okt 2017 14:22

Ik had zaterdag 14 oktober wat te vieren en trakteerde ik mezelf op lekker Chinees/Indisch eten. Lekker? Dat verwachtte ik wel tenminste, maar....... Thuis aangekomen zag ik dat de ketjap saus bij de Babi Pangang helemaal zwart was en smaakte enkel naar zout en verbrand, niks anders. Ik belde met de restaurant en de mevrouw vertelde me dat haar restaurant al 40 jaar bestond, dus het kan niet zijn dat hun eten niet deugt. Ik wou mijn geld terug vragen of de helft van wat ik betaald had, dan dragen wij samen de kosten vond ik. Nul op rekwest. Persoonlijk ben ik terug gegaan naar de restaurant met mijn klacht. De mevrouw bleef herhalen dat hun restaurant geen fouten maakt en daarom bestonden ze al veertig jaar. Dit heb ik nooit meegemaakt. Vol verbazing door haar reactie ging ik weer naar huis toe, zonder tegemoetkoming. Had ik moeten aandringen dat ik (deel) van mijn geld terug wilde? Sinds kort woon ik in dit dorp en was de eerste keer dat ik bij deze chinees/Indisch restaurant eten ging afhalen

quote:

China won't play by US playbook in terms of Afghan refugee issue

By Ai JunPublished: Sep 03, 2021 11:45 PM



A US soldier (center) points his gun at an Afghan passenger at Kabul airport on August 16 as thousands of people mobbed the city's airport trying to flee the country. Photo: AFP


What has been left behind in Afghanistan by the withdrawn US forces? Apparently not a beautiful sight to behold, but a bruised homeland and a surging number of refugees. Now the US is casting its eyes on China, asking Beijing to fix the damage created by Washington. The question on China's attitude of accepting refugees was raised again on Chinese Foreign Ministry's press conference Friday.

China's stance has been consistent. As Foreign Ministry spokesperson Wang Wenbin stressed on the same day: China believes the most pressing issue is to work for a soft-landing of the Afghan situation to avoid any new civil war or humanitarian disaster in Afghanistan and prevent any undue casualties or refugees on a large scale.

In other words, China has its own way of resolving the refugee crisis, which is addressing the fundamental cause of the issue - helping Afghanistan achieve social stability and economic development to prevent more refugees, and even making fleeing Afghans wanting to go home.

Nevertheless, Western elites and media outlets, especially those from the US, keep picking on China. In late August, the US and 97 other countries issued a joint statement saying they would continue to take in Afghans, and The New York Times stressed that "notably missing from the statement were Russia and China." The case was later echoed and further hyped on social media by some US politicians and scholars.

Unfortunately, what they displayed is far from justice, but exquisite egoism. On the one hand, they have been calculating to make China pay the bill for the rotten legacy the US forged in Afghanistan. On the other, by making a fuss about the case, they hope to put China in an international moral dilemma and then accuse China of "not being responsible."

Who gets to define "responsible?" Could it be the US, the country which destroyed others' homeland, created refugees, and then put up a noble face, pretending to be willing to take them in?

Take a look at the refugee issue across the globe, apart from those caused by natural disasters. Most of the people in exile are forced to leave their homeland by the hegemonic tactics of Western countries, especially the US, which have been unscrupulously intervening in other countries militarily under the excuse of humanitarianism.

If China opens its doors for them easily, it would be conniving with the US-led hegemonic intervention, reducing the cost of US wanton invasion worldwide. Such an approach of resolving refugee issues could not be more wrong, Shen Yi, a professor at the School of International Relations and Public Affairs of Fudan University, told Global Times.

The right approach is to start with rebuilding the homes where the refugees fled from. In terms of Afghanistan, the priority should be offering the new government appropriate guidance, coordinating efficient international cooperation on reconstruction in the country, in an attempt to avoid the emergence of new refugees, Shen said. Accepting refugees is never the cure to fix the puzzle once and for all.

The US is so good at packaging and promoting itself, as if it is still standing on the moral high ground after its epic failure in Afghanistan.

According to the BBC, the current crisis comes on top of the 2.2 million Afghan refugees already in Afghanistan's neighboring countries and 3.5 million people forced to flee their homes within Afghanistan's borders. On August 27, the UNHCR envisaged a worst-case scenario of 500,000 Afghan refugees arriving in neighboring countries by the end of this year.

Last month, the US government said it will settle a small portion of them, namely 22,000 refugees seeking asylum. Yet even 22,000 may turn out to be just lip service. Only "a total of 485 Afghan refugees have been allowed into the US in 2021," Business Insider reported on August 17. And the US is adopting ultra-rigorous reviews before issuing passports for Afghans. Some netizens joked that those who can finally landed on US soil are not at all refugees, but elites, with high-level IQ, capability and background.

In Shen's view, the US has only one condition for acceptance toward the Afghan refugees - those with wealth. "It is willing to shelter anyone as long as they have money," Shen noted. The US is not accepting refugees, it is doing "profitable business."

There is no legal provision in the world that states countries are obliged to resettle refugees in accordance with the requirements of a particular power. Whether to receive them is a matter of the autonomous and independent policy of each country. In only one case that a nation has the absolute obligation to fix the refugee problem - when the mess is created by itself.

The US wants China to dance to its tune in the refugee issue. Nice try. China has its own methods. It is not obligated to save the disaster generated by the US in Washington's way. The way China deals with other countries will never create refugees. Why would China play by US playbook, when the latter has blown it up and being ridiculously wrong in the first place?

quote:

Russia Has the Hydrocarbons, but China Has the CashMoscow is stumbling on energy diplomacy even now.

By Christina Lu

FP subscribers can now receive alerts when new stories written by this author are published. Subscribe now | Sign in

Russian President Vladimir Putin (R) and Chinese President Xi Jinping make a toast during a reception following their talks at the Kremlin in Moscow.

Russian President Vladimir Putin (R) and Chinese President Xi Jinping make a toast during a reception following their talks at the Kremlin in Moscow on March 21. PAVEL BYRKIN/SPUTNIK/AFP VIA GETTY IMAGES

MARCH 23, 2023, 5:34 PM

Russia has been a crucial energy source for China for years, including the construction of massive oil and gas pipelines in Siberia that have kept China’s industrial heartland humming and Russia’s energy-export diversification strategy alive. What never dropped was the other shoe.

Russia’s War in Ukraine

Understanding the conflict one year on.

MORE ON THIS TOPIC

Russia has long championed a second hulking pipeline project that would stretch south through the Altai passes of western Siberia, shipping some 50 billion cubic meters (bcm) of natural gas a year to China by the back door. If developed, the new pipeline, called the Power of Siberia 2, would cement the two countries’ energy ties—and pave the way for an increasingly intertwined economic future.

Trending Articles



Russia has already lost | FP LiveUS Undersecretary for Defense of Policy Colin Kahl discusses Ukraine's potential spring offensive and its impact on…

Powered By

There’s just one catch: Moscow can’t get Beijing to buy in after nearly a decade of false starts, big words, and broken pledges. Even after Russian President Vladimir Putin hailed it as his “deal of the century,” Chinese President Xi Jinping didn’t even mention the pipeline after their meeting this week. Despite Putin’s comments that the two leaders were nearing a deal, their joint statement only included lofty, noncommittal language—a far cry from what the Russian leader wanted.

The Russian side had “prepared all the documents, all the project documentation, [the] feasibility study, everything,” said Tatiana Mitrova, a research fellow at Columbia University’s Center on Global Energy Policy. It was “absolutely up to the Chinese side to give the green light to this project, and it didn’t happen.”

The stark split screen in the Power of Siberia 2 talks underscores the growing asymmetry in Russia and China’s economic relationship, even during a high-profile visit designed to showcase their unified stance. Russia started looking east for energy buyers a decade ago; that need has only grown more acute with the avalanche of Western sanctions and loss of Western markets after last year’s full-scale invasion of Ukraine. With Russia severed from Western markets, experts warn that Moscow has been digging itself into a hole of dependence on China—one that gives Beijing greater leverage in dictating prices and conditions.

“Russia and China can try to make a narrative that it’s a so-called comprehensive partnership, a strategic partnership,” said Alexandra Prokopenko, a visiting fellow at the German Council on Foreign Relations and former Russian Central Bank official, who noted that the balance in their economic relationship is rapidly shifting in Beijing’s favor. But “Russia needs China more than China needs Russia, and that’s the reality.”

Just weeks before Russia invaded Ukraine in February 2022, Putin and Xi famously declared their “no limits” partnership in a 5,000-word statement that rattled Western countries. As they drew closer politically, so too did their economies. Trade between Beijing and Moscow skyrocketed by more than 30 percent to nearly $190 billion in 2022, particularly as China bought up Russian crude oil at heavily discounted volumes. That year, Moscow was also Beijing’s second-biggest supplier of crude oil, coal, and pipeline gas, according to Columbia University’s Center on Global Energy Policy.

Since invading Ukraine, Russia has been deeply reliant on China, at least in part because it doesn’t have many other options. Largely isolated in the global marketplace and facing sweeping Western sanctions, Russia has found in China one of the few countries with the heft and market power to help keep its economy afloat. That has given Beijing the upper hand in negotiating favorable deals and contracts, while leaving Moscow vulnerable to its whims and preferences. In November 2022, Chinese buyers were able to gobble up Russian crude oil at a nearly 40 percent discount.

China is the one “who can dictate the price, who can dictate the conditions,” said Prokopenko. “Russian leadership understands this well, but their options are limited.”

The uneven dynamic was clear in the mismatch between how Moscow and Beijing characterized what came out of this week’s talks. While the Russian side (and media) framed China as a key customer, the Chinese side’s comments consisted of “very vague, general statements without any concrete business proposals,” said Maria Shagina, a senior fellow at the International Institute for Strategic Studies. “That really shows a skewed picture of how asymmetry has evolved over time.”

“One can’t hide the fact that Russia is a junior partner,” she added.

READ MORE

Russian President Vladimir Putin and Chinese President Xi Jinping give a toast during a reception following their talks at the Kremlin in Moscow on March 21.

Can Russia Get Used to Being China’s Little Brother?

A COMAC C919 narrow-body airliner on display during the 2021 China Aviation Industry Conference And Nanchang Air Show on October 30, 2021 in Nanchang, China.

If China Arms Russia, the U.S. Should Kill China’s Aircraft Industry

INSIDER | Is America’s China Policy Too Hawkish? By Ravi Agrawal

Russian President Vladimir Putin and China's President Xi Jinping shake hands during a signing ceremony following their talks at the Kremlin in Moscow on March 21.

What’s the Significance of Xi’s Peace Plan?

There are plenty of reasons why China has slow-walked the second Siberian gas pipeline. It gets more gas by sea these days, for one. And the Altai pipeline would ship gas precisely to where it isn’t quite needed. That aside, by holding out on the Power of Siberia 2 pipeline for now, energy experts say that China is taking full advantage of this asymmetry to negotiate the most favorable terms and prices.

“China is sending a very clear bargaining message,” said Mitrova. “You have to provide additional discounts, additional attractive conditions in order to make this deal [happen].”

Sign up for Editors' PicksA curated selection of FP’s must-read stories.

SIGN UP

It could also suggest that China, which is already set to receive 22 bcm of Russian gas via the first Power of Siberia pipeline in the far east of Siberia this year, is wary of investing further in Moscow’s supply in the long run. Pipelines are lengthy, time-consuming projects, and if Beijing signed on now, it would be locked in for years to come.

China has been happy to snap up discounted Russian oil, cheap by virtue of the relatively poorer quality of Ural crudes, but also due to Western sanctions. But oil is fungible. Pipelines, like diamonds, are forever. (Well, almost.)

In purchasing cheap Russian oil, “you’re not committing to really deepen your relationship over the long term,” said Erica Downs, a senior research scholar at Columbia University’s Center on Global Energy Policy. “Whereas I think signing an agreement for a Power of Siberia 2 pipeline, that implies that you are really doubling or tripling down on Russian energy.”

Last year, European countries got their latest reminder of the dangers of becoming too dependent on one energy supplier when Russia choked their supply of natural gas, skyrocketing energy prices and leaving countries grappling with blackouts and soaring inflation. Chinese leaders are acutely aware of the importance of diversifying their supply, experts said, and have focused on securing multiple contracts beyond what Russia can offer. Beijing imports more liquefied natural gas from Australia, Qatar, and Malaysia than it does from Moscow.

“A hallmark of [China’s] approach to energy supply security has been not to become too dependent on any one supplier,” Downs said. While Beijing is buying more energy from Moscow, she added, “They’re not putting all their eggs in the Russian basket and they are looking elsewhere.”

Russia, for its part, is still attempting to expand its partnerships outside of China, including by deepening cooperation with India, the United Arab Emirates, Saudi Arabia, and Turkey. Many have bucked or dodged Western sanctions and deepened energy ties with Russia over the past year. Their markets, though, aren’t as sizable. Beijing is still the biggest player—and Moscow’s dependence only appears set to grow in the foreseeable future.

“They are closer than ever in history,” Shagina said, yet “their relationship is as asymmetrical as never before.”

Christina Lu is a reporter at Foreign Policy. Twitter: @christinafei

Join the Conversation

Commenting on this and other recent articles is just one benefit of a Foreign Policy subscription.

Already a subscriber? Log In.

SUBSCRIBE

View 1 Comments

TAGS: ENERGY POLICY, NATURAL GAS, RUSSIA

NEW EMAIL ALERTS FP subscribers can now receive alerts when new stories on these topics and regions are published. Subscribe now | Sign in

latest

Chinese Courts Want Abused Women to Shut Up

MAY 27, 2023, 9:58 AM

Machiavelli Preferred Democracy to Tyranny

MAY 27, 2023, 6:23 AM

Vucic Supporters Rally in Belgrade

MAY 26, 2023, 7:00 PM

What in the World?

MAY 26, 2023, 4:21 PM

Homophobia Is Part of Putin’s War Plan

MAY 26, 2023, 2:41 PM

SEE ALL STORIES

EDITORS’ PICKS

1

Turn Ukraine Into a Bristling Porcupine

2

How Erdogan’s Supporters Are Thinking About the Runoffs

3

A BRICS Currency Could Shake the Dollar’s Dominance

4

Homophobia Is Part of Putin’s War Plan

latest

In China, Domestic Violence Helps the State

MAY 27, 2023, 9:58 AM

Machiavelli Preferred Democracy to Dictatorship

MAY 27, 2023, 6:23 AM

Vucic Supporters Rally in Belgrade Amid Clashes in Kosovo

MAY 26, 2023, 7:00 PM

Russia Strikes Back and Sudan's Cease-Fire: Foreign Policy's Weekly International News Quiz

MAY 26, 2023, 4:21 PM

Homophobia Is Part of Putin’s War Plan

MAY 26, 2023, 2:41 PM

SEE ALL STORIES

MORE FROM FOREIGN POLICY

Keri Russell as Kate Wyler walks by a State Department Seal from a scene in The Diplomat, a new Netflix show about the foreign service.

At Long Last, the Foreign Service Gets the Netflix Treatment

Chinese President Xi Jinping and French President Emmanuel Macron speak in the garden of the governor of Guangdong's residence in Guangzhou, China, on April 7.

How Macron Is Blocking EU Strategy on Russia and China

quote:

Op vrijdag 26 mei 2023 16:41 schreef Eyjafjallajoekull het volgende:

[..]
De grap is natuurlijk dat dit nu op een kantelpunt staat. De populatie krimpt, het geboortecijfer erg laag. Geef het 20 jaar en bedrijven schreeuwen om jonge mensen.

quote:

The way we make babies could be about to change. Maybe.

An embryo forms when sperm meets egg.
But what if we could start with other cells--if a blood sample or skin biopsy could be transformed into "artificial" sperm and eggs?
What if those were all you needed to make a baby?

That's the promise of a radical approach to reproduction.
Scientists have already created artificial eggs and sperm from mouse cells and used them to create mouse pups. Artificial human sex cells are next.

The advances could herald the end of infertility--there's no need to worry about a lack of healthy eggs or sperm if you can create new ones in the lab. It would open up alternative routes to parenthood as well. Same-sex couples could have genetically related children.

quote:

When an egg is fertilized by a sperm, it begins to divide into a group of cells called a blastocyst, which is the stage right before the embryo is formed.
Some of the cells inside this blastocyst cluster will develop into a fetus, while others eventually become the placenta.

Some cells are set up to become stem cells, which will then have the potential to develop into any type of cell in the body.
And some cells in the fetus become primordial germ cells and eventually evolve into the cells of either sperm or eggs, which will allow this offspring to pass their genes on to a future generation.

In the study, the researchers identified a single gene known as SOX17, which is directly responsible for ordering human stem cells to become the cells that will turn into sperm and eggs.
The scientists say this discovery on its own is surprising, because this gene is not involved in the creation of primordial cells in rodents.
In humans, the SOX17 gene is also involved in helping to develop cells of the lungs, gut and pancreas.

quote:

Op vrijdag 26 mei 2023 12:06 schreef slashdotter3 het volgende:
https://www.bnr.nl/nieuws(...)de-jeugd-is-werkloos

Beijing wil dat de Chinese economie 5 procent gaat groeien, maar het land kampt met een torenhoge jeugdwerkloosheid en een lage consumptie.
En dat terwijl China een ingewikkelde omslag moet maken van een door investeringen gedreven naar een door consumptie gedreven economie. 'Xi Jinping bereidt de bevolking erop voor dat ze de broekriem moeten aanhalen', zegt sinoloog Ardi Bouwers.

Platteland
'In Guangdong, China's industriële powerhouse, is afgelopen week het plan geopperd om 300.000 jongeren naar het platteland te sturen, zodat ze daar maar aan het werk moeten. Ik kan me niet voorstellen dat de jongeren daar erg enthousiast over zijn, maar het laat zien dat ook de autoriteiten zich er zeer van bewust zijn dat het dat er een groot probleem is.'

quote:

Op zondag 28 mei 2023 08:48 schreef michaelmoore het volgende:

[..]
om de economie aan te zwengelen is er de methode ven helikoptergeld , meermaals
https://nl.wikipedia.org/wiki/Helikoptergeld

quote:

Op zondag 28 mei 2023 08:37 schreef michaelmoore het volgende:
Ik zie de chinese regering er heel goed voor aan dat ze kinderfabrieken gaan oprichten , dan is de regering je papa en mama

quote:

Op zondag 28 mei 2023 09:50 schreef slashdotter3 het volgende:

[..]
Er wordt dus geld bijgedrukt met inflatie als gevolg.

Kunnen ze niet beter wat meer infrastructuurprojecten uit de grond stampen en huizen bouwen (die niemand koopt) om werkgelegenheid te creeeren? Al zal dat geen geld uit het buitenland binnenhalen.

quote:

Op zondag 28 mei 2023 10:04 schreef slashdotter3 het volgende:
De Chinese overheid gaf hun goedkeuring aan bike sharing. Met als gevolg dat bedrijven die snel geld wilde verdienen (investor money vangen, wat fietsen bouwen en op straat dumpen en klaar, werk gedaan, bedankt voor het geld!) gelijk 70 miljoen lage kwaliteit fietsen in de straten van grote steden dumpten. Dat werd een enorme overlast en de fietsen moesten weer allemaal worden weggehaald en nu zijn er bike graveyards met miljoenen fietsen.

Bij de productie van deze fietsen is er geen rekening gehouden door de CCP en de bedrijven wat de kosten zijn voor het milieu. Het metaal voor de fietsen en het rubber voor de banden is nu verspild, niets wordt gerecycled, alles wordt gewoon ergens gedumpt en niemand die het verder boeit.

=============================
The shared bike scheme in China was a disaster! The CCP tried to fool the world by making out they were being progressive and showing concern for the environment with these shared bikes. Unfortunately you always have to take anything the Chinese government says with a pinch of salt.

China's Shared Bike Apocalypse - AI Takes Revenge!

quote:

Op zaterdag 27 mei 2023 08:37 schreef icecreamfarmer_NL het volgende:
Jongere opgeleide mensen zonder baan is een recept voor onrust en revoluties.

quote:

Op zondag 28 mei 2023 11:40 schreef Glazenmaker het volgende:

[..]
Een andere voorwaarde voor de revolutie is een relatief hoog percentage jongeren. Daar is in China geen sprake van.

quote:

Op vrijdag 26 mei 2023 16:45 schreef saparmurat_niyazov het volgende:
工作必須符合你的本性。一個工作到去世，另一個留在家裡。

quote:

Op vrijdag 9 juni 2023 17:10 schreef K21 het volgende:

[..]
[ afbeelding ]

quote:

Op zaterdag 27 mei 2023 00:53 schreef slashdotter3 het volgende:
Er is 150 miljard gespendeerd om een kunstmatige stad uit de grond te stampen en president XI wilt er 4,5 miljoen mensen uit de overcrowded Beijing naar toe verhuizen, ze krijgen geen keuze.

Maar het is een dode stad en niemand wilt gaan.
Om het toch een succes te maken blijven ze er geld in pompen

============================

Developing the Xiongan New District is like building a mansion in a garbage dump, and people don't want to live there.
The Xiongan New Area actually imposes a significant amount of political pressure on Xi Jinping. However, he is a strong personality and won’t back down, so he strongly supports Xiong'an. However, Xi's hard-line approach isn't enough to silence the opposition. On the contrary, the lack of a corrective mechanism is turning the Xiongan New Area into a vortex: the more investment, the less likely it will stop; and when it doesn't stop, more investment is needed. China's economy is in turmoil and its finances are getting tighter. The Xiongan New Area has become a bottomless pit, which will be more and more politically damaging to Xi.

Why does Xi urge the world's biggest rotten-tail project to continue? 4.5M Beijinger are in despair

quote:

Op maandag 12 juni 2023 15:56 schreef SilverMane het volgende:
Merk bij mijzelf dat ik een vreemd genoegen erin heb wanneer het steeds slechter gaat met China.

quote:

Op zondag 28 mei 2023 10:41 schreef Terrorizer het volgende:

[..]
Hiermee loopt China voor op ons.
We hebben nu hetzelfde probleem met deelscooters -en steps.

quote:

Op maandag 12 juni 2023 15:56 schreef SilverMane het volgende:
Merk bij mijzelf dat ik een vreemd genoegen erin heb wanneer het steeds slechter gaat met China.

quote:

Op maandag 12 juni 2023 16:38 schreef slashdotter3 het volgende:

[..]
Same here, ze zijn superarrogant geworden, hebben hun macht misbruikt en het vertrouwen geschonden.
• Bill Clinton tekende in 2000 een nieuwe wet die China een voorkeursbehandeling gaf.
• Industrieeen trekken in de 2 decennia daarna naar China maar die steelt constant bedrijfsgeheimen
• Ze stelen militaire geheimen van de Amerikanen, investeren veel geld in hun leger om in de toekomst (vanaf 2025) Taiwan aan te vallen en in te lijven.
• Beginnen zich steeds aggressiever naar de buurlanden te gedragen en de gehele Chinese zee te claimen

De goodwill en financiele investeringen van de wereld is niet beloond door China. Nu kunnen ze de pleuris krijgen (de CCP althans, de burgers zelf zijn ook maar slachtoffers en gijzelaars van die malloten)

quote:

Op maandag 12 juni 2023 16:15 schreef Knipoogje het volgende:

[..]
Het is ziekelijk hoe idioot extreme verspilling van kostbare grondstoffen hierbij verloren gaan.
Aan de andere kant, al die 'ghost cities' van een decennium geleden waar toendertijd over gelachen werd zijn inmiddels bloeiend, dus geef het tijd en ook deze stad zal uiteindelijk vollopen.

quote:

Op vrijdag 26 mei 2023 12:18 schreef slashdotter3 het volgende:
De huidige situatie in China voelt wel wat aan als wat eraan zit te komen wanneer AI 100en soorten banen overbodig maakt

Er is zo'n overaanbod aan kandidaten dat je voor een baan als gym leraar op een basisschool tegenwoordig een Masters degree moet hebben
[..]
https://www.wsj.com/artic(...)nemployment-f22e3b8c
China Has a Youth Unemployment Problem Because College Grads Are Waiting for Jobs That Don’t Exist

Despite economic recovery, young people find it hard to land jobs, and Beijing can’t seem to find a solution

SPOILER

HONG KONG—China’s failure to reverse a sharp rise in youth unemployment is becoming a bigger headache for Beijing, with many economists saying the problem reflects a jobs mismatch that could defy government solutions for years.

Joblessness among young people aged 16 to 24 rose to a record of 20.4% in April, significantly higher than a few months ago and far above the prepandemic rate of 13% or lower in most of 2019.

The rise was all the more surprising given that urban unemployment overall fell to 5.2% in China as of April, compared with 6.1% a year earlier.

Some economists believe the job market for young people will get worse before it gets better, with a record 11.6 million college students set to graduate this summer.

A central problem, economists say, is that China isn’t creating enough of the high-wage, high-skill jobs that are sought after by its expanding base of educated young people, many of whom have loftier expectations than previous generations.

Rather than trade down for lower-wage jobs, many young people are opting to wait for more opportunities, even though such opportunities might not be available.

“China’s high youth unemployment rate is not transitory but structural,” said David Wang, chief China economist at Credit Suisse. “There is a mismatch in the skills the youth are trained to provide and the skills that existing jobs require.”

Chinese officials are trying several tactics to address the problem, including mandating that state-owned companies hire more graduates, while also prodding more young people to take up blue-collar work or move to the countryside.

Many young people, however, are uninterested in blue-collar jobs. And opportunities at state-owned enterprises remain in short supply, despite the government’s prodding.

Sun Yuexing, who is about to graduate from Beijing Foreign Studies University in less than two months, spent hours handing out résumés at a recent job fair in Beijing. She said she had lowered her salary expectations, but landed no offer yet.

“It’s sad to realize that I will be unemployed upon graduation,” said the 24-year old English major. “The competition is so fierce.”

If China fails to supply a generation of young people with work, it could put pressure on wage growth and slow down Beijing’s desire to build an economy driven more by consumption. It could also undermine social stability, if more young people become dissatisfied.

Some economists still believe the problem is a passing phenomenon, and that many more youths will find work as China’s broader economic recovery continues.

Young people are particularly vulnerable to unemployment during downturns—like the one China experienced last year—because of their relative lack of work experience, economists say. Many jobs that got hammered during the pandemic were in fields that are popular among young people, including tourism and catering; those industries are now recovering.

It’s just “a matter of time” before employment returns to normal as service employment picks up, said Arthur Kroeber, managing director of Gavekal Dragonomics, a research firm.

Others, however, say the problem reflects imbalances in China’s economy that are making it hard for Chinese youths to find what they want, and which are likely to be persistent.

The economy overall is becoming more oriented toward services. However, many of the services jobs created during the past decade are lower-end roles, such as delivery drivers and restaurant waiters, which don’t necessarily attract university graduates, said Rory Green, head of China and Asia research at TS Lombard, a research firm.

China has significantly expanded high education enrollment during the past decade. In the past three years, more than 28 million college graduates entered the labor market, accounting for about two-thirds of the new urban labor supply.

“The gig economy has been doing a lot of the heavy lifting in job creation,” Green said. “So we see a gap between the massive number of top-quality graduates and the type of jobs that are suited for their skill sets.”

A survey by Zhaopin.com, an online recruitment platform, shows that around 30% of college students graduating this summer desire to work in the internet, telecommunications and education sectors, despite regulatory crackdowns in recent years that roiled many of those industries and left private employers wary of adding staff.

With more graduates to choose from, employers can afford to be picky.

Fu Zihao said he sent résumés to almost every school recruiting physical education teachers in Beijing, but was left empty-handed.

“I was turned down because I only have a bachelor’s degree. Schools nowadays, even primary schools, require master’s degrees for PE teachers,” said Fu, who majors in sports training at Shenyang Sport University. He said he will keep trying until he gets hired.

As the average Chinese household grows wealthier, more young people can afford to take a longer time hunting for jobs compared with their parents’ generation, said Larry Hu, chief China economist at Macquarie Group.

Many are going back to school for more advanced degrees. A record 4.7 million undergraduate students signed up for exams to compete for 1.2 million spots in graduate schools this year. In 2021, nearly one-third of universities in Shanghai already had more graduate students than undergraduate students, according to a state media report.

Young people who delay entering the workforce or abandon job searches aren’t counted as job seekers in official statistics, according to Nancy Qian, a professor of economics at Northwestern University. If they were counted, the actual jobless rate would be even higher, she said.

In a teleconference with government officials earlier this month, China’s vice premier, Ding Xuexiang, mandated that state-owned companies should hire more graduates this year. That, along with other measures, is designed to help the country hit a target of around 12 million new jobs created in 2023.

April, the local government in Guangdong set a goal of steering 300,000 graduates in the next three years to help incubate startups and pursue careers in rural regions.

Authorities are also trying to persuade educated youths to dial down their expectations, taking jobs they might consider beneath them.

To help make the point, state media reports have invoked lessons from a character from an early 20th century Chinese novel who was an impoverished scholar too proud to take a job or mingle with laborers.

State media also aired an interview with a young couple earning more than $1,200 a day selling potatoes and tofu at a night market in the eastern city of Yiwu—a reminder that people can earn a lot doing work that some educated young people might see as unrewarding. Netizens later questioned the authenticity of the couple’s income.

Some young graduates have lowered their expectations, though in some cases they are doing so in hopes of moving up the ladder later.

One student who is majoring in international finance in Beijing said in an interview that he decided to start working at a nursing home in a mountainous village in southwestern Guizhou province. The job pays around 3,000 yuan, equivalent to $427, a month.

Two years’ service in the less developed region will earn him additional points on postgraduate entrance exams, or could help him to become a civil servant working for the local government, he said.

“It’s not hard to land a job, but it’s hard to land a decent one,” he said.

quote:

Op dinsdag 13 juni 2023 00:17 schreef Ghost_Buster het volgende:

[..]
Nee, je ziet het verkeerd. Hier zit 'm de kneep:

"One researcher, Li Xiaoguang, an assistant professor at Xi’an Jiaotong University, said it isn’t so much that companies aren’t hiring. Rather, Chinese universities aren’t adequately preparing students for the existing job market."

Dit hebben we hier in NL ook momenteel. Veel te veel hoogopgeleiden, terwijl het aanbod van werk zich juist in de middelbaar en lager geschoolde regionen bevindt. Maar decennialang wilde elke ouder in NL hun kinderen op havo/hbo/hts/vwo/ uni want MBO was viesbah, met als gevolg dat er amper werk voor hun was, want er was een enome mismatch met het aanbod. Dat probleem heeft china nu ook.
Het gevolg in NL is nu, dat MBO geschoolden meer verdienen dan HBO geschoolden. Een logsiche ontwikkeling, die je ook in de USA ziet, want management ziet men daar enkel als overhead, zij produceren niets. Een goede ontwikkeling vind ik.

quote:

Op dinsdag 13 juni 2023 00:17 schreef Ghost_Buster het volgende:

[..]
Nee, je ziet het verkeerd. Hier zit 'm de kneep:

"One researcher, Li Xiaoguang, an assistant professor at Xi’an Jiaotong University, said it isn’t so much that companies aren’t hiring. Rather, Chinese universities aren’t adequately preparing students for the existing job market."

Dit hebben we hier in NL ook momenteel. Veel te veel hoogopgeleiden, terwijl het aanbod van werk zich juist in de middelbaar en lager geschoolde regionen bevindt. Maar decennialang wilde elke ouder in NL hun kinderen op havo/hbo/hts/vwo/ uni, met als gevolg dat er amper werk voor hun was, want er was een enome mismatch met het aanbod. Dat probleem heeft china nu ook.
Het gevolg in NL is nu, dat MBO geschoolden meer verdienen dan HBO geschoolden. Een logsiche ontwikkeling, die je ook in de USA ziet, want management ziet men daar enkel als overhead, zij produceren niets. Een goede ontwikkeling vind ik.

quote:

Op dinsdag 13 juni 2023 00:21 schreef FlippingCoin het volgende:

[..]
Het gemiddelde salaris voor een hbo'er ligt nog steeds ruim hoger dan van een mbo'er.

quote:

Op dinsdag 13 juni 2023 00:23 schreef Peppert het volgende:

[..]
De Chinezen hebben totale keuzevrijheid wat ze studeren sinds de jaren 80/90. Niet altijd bevredigend totale vrijheid. Wie weet moeten overheden meer gaan reguleren wat mensen 'studeren' maar hoe ver wil je daarin gaan als centrale overheid.

quote:

Op dinsdag 13 juni 2023 00:23 schreef Ghost_Buster het volgende:

[..]
Nope, niet meer.
BRON: https://www.metronieuws.n(...)rdienen-salaris-mbo/
en
https://wnl.tv/2023/01/12(...)eer-dan-menig-hboer/
en
https://dvhn.nl/economie/(...)0%99er-28161808.html

quote:

Op dinsdag 13 juni 2023 14:01 schreef TjjWester het volgende:
Hoe kan er werkeloosheid zijn in China?

China is bij uitstek het land waar je iedereen aan het werk kan zetten met kut baantjes.

quote:

Op dinsdag 13 juni 2023 14:22 schreef xzaz het volgende:

[..]
Omdat niet iedereen kut baantjes wil; en iets met vraag en aanbod

quote:

Op dinsdag 13 juni 2023 14:22 schreef xzaz het volgende:

[..]
Omdat niet iedereen kut baantjes wil; en iets met vraag en aanbod

quote:

China: claim to be classless society
Also China: enforce class division by making it hard for rural student achieve upward social mobility

SPOILER

In one set of papers the essay question of the chinese language exam requires candidates to write an essay based on a scene selected from a classical chinese novel dream of the red chamber roughly speaking the scene depicted a young nobleman the protagonist who did a wonderful job in giving a name to a newly constructed pavilion and won his father's praise which was a rare event the father thought the name had taken into account various factors in comparison to other names

students were asked to write an essay based on why the name was so wonderful and its significance and application to one's life the protagonist named the pavilion chiang fang which means a fragrant scent while other scholars in the audience name the pavilion je you which means it looks like crystalline water flowing like smooth jade

the father believed his son's choice was made with a wide range of considerations including the surrounding environment as well as the origin of the grand garden which was built to host the young man's sister who was the emperor's concubine coming home to visit her parents

the classic novel dream of the red chamber was written more than 300 years ago to really understand why one name is better than others one needs to be proficient in the ancient chinese language and have a solid grasp of classic chinese literature in its deep cultural connotations

for example the chinese word fang means fragrance and also refers to a beautiful woman the word chin literally means a scent that penetrates one's nose and heart but here it implies another layer of compliment to the imperial power it refers to the royal grace bestowed to the family

it's hard to imagine those average students who speak modern chinese and spend most of their time buried in reading textbooks and taking exams every day can understand the ancient poetic language and the subtlety of different names

especially children from poor rural villages the language lifestyle and thinking of royalty and nobility hundreds of years ago seemed so distant from their lives this set of questions was used for the southwestern provinces of china which happened to be relatively economically backward regions with large areas of impoverished rural villages

as soon as the exam was over this question immediately hit the weibo hot search a university professor commented this is a rather difficult question it involves chinese culture and aesthetics it's fairly demanding for the test takers

SPOILER

another set of exam papers covering central and northwestern china including onway province had an essay topic named veep and leap again it required students to write about the development of beijing from 2008 to 2022 in the context of the beijing winter olympic and paralympic games

interestingly students in beijing weren't required to write on the subject because this set of exams were not used in beijingtopic

Beijing uses hardest Gaokao exam to lessen the employment challenge/Record 12M sit for 2022 Exam

quote:

Op maandag 12 juni 2023 23:51 schreef slashdotter3 het volgende:
• we zijn bereid 10% (140 miljoen) van onze bevolking in een oorlog om Taiwan op te offeren.
• Amerikaanse carriers moeten op minstens 2200 mijl afstand van Taiwan blijven om buiten bereik van Chinese raketten te zijn.
• China heeft tot 2030 de beste kans op het winnen van een oorlog vanwege hun raket overwicht op de VS en Japan. Beide zijn op dit moment druk bezig fabrieken op te zetten maar dat zal pas rond 2030 resultaat hebben.
• China kan in de 1e drie dagen van de oorlog 80k manschappen op de Taiwanese stranden laten landen.

Shocking!China Is Willing to Sacrifice 140 Million People to Unify Taiwan &50 Cities for Nuclear War

Renowned Chinese "Wolf Warrior and Pro-Unification Scholar" Li Yi once again made radical statements on his YouTube channel "Li Yi Views the World" at the end of May.
He believes that if China loses 140 million people in the process of unifying the Taiwan Province, this is merely a small matter in human history, equivalent to the American Civil War.

quote:

Op maandag 12 juni 2023 16:04 schreef FlippingCoin het volgende:

"Let it Rot" - China's Youth are Giving Up on Life

De jonge middenklasse "geeft het op" doordat er door nepotisme toch geen uitzicht op verbetering is door hard te werken.

quote:

Op dinsdag 13 juni 2023 07:15 schreef FlippingCoin het volgende:

[..]
Jij kan niet lezen of zo? Al je eigen artikelen geven aan dat bepaalde mbo banen meer verdienen... Dat is niet gek en altijd al zo geweest als je ziet wat voor vage hbo opleidingen er bestaan.

quote:

Op dinsdag 13 juni 2023 23:30 schreef KingRoland het volgende:

[..]
goeie video deze.

quote:

Op dinsdag 13 juni 2023 00:19 schreef slashdotter3 het volgende:
• 7 provincies stoppen meer geld in het pensioensysteem dan ze eruit halen, 3 zijn neutraal en 22 provincies halen meer eruit dan ze erin stoppen.
• De overheid gebrukt nu trucs om aan geld te komen maar het komt erop neer dat ze mensen beroven
• Mensen moeten verplicht overstappen op een ander pensioen systeem en zijn 'opeens' 1/3 van hun geld kwijt
• HKers met een UK paspoort die zijn gemigreerd kunnen niet meer bij hun pensioen geld komen.
• Medische zorg is uitgekleed
• Tegen 2035 is het pensioen geld op

Chinese discovered their personal pensions had plummeted/No way out: Pension void can't be filled

Recently, people in Shanghai and Shenzhen have discovered that their personal pensions have plummeted after they joined the so-called nationally coordinated pension program.

Hong Kong is also on the radar of the red regime. Since Beijing imposed a comprehensive National Security Law on Hong Kong in 2020, there has been a massive exodus of Hong Kong residents. These people have suffered huge financial losses. Many have had their pension savings withheld.

The Chinese Foreign Ministry announced in January 2021 that China would no longer recognize the use of the British National Overseas Passport BNO as an identification document. This move directly resulted in Hongkongers who moved to the UK on BNO visas being unable to withdraw their retirement savings.

quote:

Op woensdag 14 juni 2023 01:36 schreef Ghost_Buster het volgende:

[..]
Tja, dan moet je niet zeggen dat het gemiddelde hbo salaris hoger ligt, want dat is gewoon niet zo.

quote:

Op dinsdag 13 juni 2023 23:21 schreef slashdotter3 het volgende:
irl Black Mirror shit
[ twitter ]
[ twitter ]

quote:

[ twitter ]

quote:

Op woensdag 14 juni 2023 11:15 schreef Eyjafjallajoekull het volgende:

[..]
Zo zou in NL wel in 1 klap de woningnood zijn opgelost.

Ik moet eerlijk bekennen dat ik het reizen in China wel mis. Ik zou er niet willen wonen, maar elke keer zie je daar de gekste shit en dat maakt het wel leuk om doorheen te reizen.

quote:

Op woensdag 14 juni 2023 17:32 schreef Peppert het volgende:

[..]
Het is nu mogelijk om door dat land te reizen. In de 19de en 20ste eeuw kwamen reizigers niet heel ver met het extreem brakke of ontbrekende infrastructuur of het duurde heel lang, maar nu nadat honderden miljarden in infrastructuur is gepompt de laatste 20 jaar is het een mogelijkheid. Veel mensen realiseren totaal niet hoe makkelijk reizen is geworden in de 21ste eeuw vergeleken met vroegere tijden.

quote:

Op woensdag 14 juni 2023 18:33 schreef Eyjafjallajoekull het volgende:

[..]
Oh dat snap ik ook wel, de laatste keer zat ik de hogesnelheidslijn en was ik een paar uurtjes van Shanghai naar Beijing, met stewardessen en maaltijden aan boord en alles.

Dat was echter voor corona, hong kong, de Oeigoeren, etc

quote:

Op woensdag 14 juni 2023 18:40 schreef slashdotter3 het volgende:

[..]
Is heel het land nu gecovered door het rails netwerk? Kan je met de trein nu overal komen?

quote:

Op woensdag 14 juni 2023 18:33 schreef Eyjafjallajoekull het volgende:

[..]
Oh dat snap ik ook wel, de laatste keer zat ik de hogesnelheidslijn en was ik een paar uurtjes van Shanghai naar Beijing, met stewardessen en maaltijden aan boord en alles.

Dat was echter voor corona, hong kong, de Oeigoeren, etc

SPOILER: ClaudeAI: up and downstream industries from Foxconn

Foxconn is a contract manufacturer that primarily produces electronics for other companies. So in terms of its supply chain, here are the main upstream and downstream industries related to Foxconn:

Upstream Industries:
• Mining companies that supply raw materials like copper, aluminum, steel, etc. used in electronic components
• Chemical companies that provide chemicals and compounds used in electronics manufacturing
• Component suppliers that provide parts like semiconductors, batteries, displays, etc.

Foxconn itself (the contract manufacturer):
• Assembles and manufactures a wide range of electronics products for other companies, like smartphones, laptops, tablets, servers, etc.

Downstream Industries:
• Electronics brands that outsource the manufacturing of their products to Foxconn. Major customers include Apple, HP, Dell, Sony, Nokia, etc.
• Component distributors and wholesalers that purchase electronics produced by Foxconn and distribute them further.
• Retailers that sell final electronics products to consumers, made by Foxconn for the electronics brands.

So in short, Foxconn sources inputs from upstream industries and uses them to make electronics for downstream companies and industries, mainly electronics brands and their distribution and retail channels. Hope this summary of Foxconn's supply chain context helps clarify the upstream and downstream industries related to it!

Foxconn Flees China for India; Foreign Capital Withdrawals Hit $3.17 Billion in 5 Days

quote:

Op woensdag 14 juni 2023 19:13 schreef slashdotter3 het volgende:
• Foxconn kondigt in april aan dat ze meer in India gaan investeren.
• Chinese aandelenbeurs dondert gelijk in elkaar want iedereen weet wat dat betekent, banen verdwijnen in China
• Het vertrouwen is gedaald, aandelen worden verkocht en kapitaal vlucht het land uit
• De overheid verbiedt Foxconn om zich volledig uit China terug te trekken
• Miljoenen mensen gaan hun baan verliezen, niet alleen direct bij Foxconn maar ook up en downstream

SPOILER: ClaudeAI: up and downstream industries from Foxconn

Foxconn is a contract manufacturer that primarily produces electronics for other companies. So in terms of its supply chain, here are the main upstream and downstream industries related to Foxconn:

Upstream Industries:
• Mining companies that supply raw materials like copper, aluminum, steel, etc. used in electronic components
• Chemical companies that provide chemicals and compounds used in electronics manufacturing
• Component suppliers that provide parts like semiconductors, batteries, displays, etc.

Foxconn itself (the contract manufacturer):
• Assembles and manufactures a wide range of electronics products for other companies, like smartphones, laptops, tablets, servers, etc.

Downstream Industries:
• Electronics brands that outsource the manufacturing of their products to Foxconn. Major customers include Apple, HP, Dell, Sony, Nokia, etc.
• Component distributors and wholesalers that purchase electronics produced by Foxconn and distribute them further.
• Retailers that sell final electronics products to consumers, made by Foxconn for the electronics brands.

So in short, Foxconn sources inputs from upstream industries and uses them to make electronics for downstream companies and industries, mainly electronics brands and their distribution and retail channels. Hope this summary of Foxconn's supply chain context helps clarify the upstream and downstream industries related to it!

7:10 bekende bedrijven die half of geheel zijn vertrokken: Microsoft, Nike, Nestle, Panasonic, Electrolux, Google, Lufthansa, Adidas, Toshiba, Samsung, Philips, Atos, Nikon, Suzuki, Johnson & Johnson, Apple, Tesco, Yahoo, Oki, Canon, Sony, Dell.

Allemaal hebben ze een up en downstream aan bedrijven met werknemers die nu allemaal werkeloos raken.

3 redenen waarom bedrijven vertrekken:
• de salarissen in Vietnam en India zijn 1/3 van China
• De handelsoorlog met de VS waardoor er importheffingen op Chinese producten zijn
• De aankomende oorlog met Taiwan en de VS wat grote onzekerheid met zich meebrengt

Foxconn Flees China for India; Foreign Capital Withdrawals Hit $3.17 Billion in 5 Days

In April, rumors of Foxconn's exodus from China and its move to India sent stock prices in China and Hong Kong tumbling. Data indicate that during the five trading days starting April 23, over $3.17 billion in foreign capital fled China through the Shanghai-Hong Kong Stock Connect mechanism, amounting to more than 21 billion RMB. This marked the longest capital withdrawal streak since November last year.

On April 24, Foxconn officially announced its investment in India through the Hong Kong Stock Exchange, a move that will inevitably diminish its investment in China and impact millions of jobs in mainland China. Consequently, the Chinese and Hong Kong stock markets experienced notable fluctuations that day, with a broad market decline breaking expectations.

Market panic led to a drop in both China and Hong Kong stock indices, with the Shanghai Composite Index falling below 3000 and the ChiNext Index hitting a new low. Trading volume in both markets surpassed one trillion for 15 consecutive days after falling for four straight days, with a net outflow of 4 billion in foreign capital.

Foxconn Interconnect Technology estimated on April 24 that net loss from continuing operations for the first quarter would range between $5 million and $10 million, compared to a net profit of $30.6 million for the same period last year. The loss is attributed to the group's investment in digital transformation, which involves moving from mainland China to India and incurring additional costs.

SPOILER: The Japanese housing market

The Japanese housing market has been struggling for several decades with a set of interrelated problems:

Falling prices - Housing prices in Japan peaked in the early 1990s and have been falling or stagnant ever since. Prices in major cities like Tokyo are still about 30-40% below their 1990s peak. This is due to issues like a declining population and slack demand.

Low demand - Japan's population is shrinking and aging rapidly, reducing the number of potential home buyers, especially young families. This has contributed to excess supply and falling prices.

Excess supply - Despite falling demand, new home construction has continued at a relatively high rate. This has led to an oversupply of housing, further weighing on prices.

Weak economy - Japan's long period of economic stagnation since the1990s has resulted in low income growth and wealth accumulation. This has limited people's ability and willingness to buy homes, especially larger or more expensive ones.

High debt - Many Japanese households still carry significant mortgage debts from the bubble era of the 1980s. This debt acts as a drag on their ability to buy new homes.

Reluctance to sell - Many Japanese homeowners, especially older ones, do not want to sell their underwater homes (where the mortgage is higher than the market value). This reduces the number of homes available for sale.

Risk aversion - Japanese investors tend to be relatively risk averse. This has limited the ability of real estate investors to help rebalance the market through buying undervalued properties.

All of these issues have persisted for decades and show few signs of significant improvement. As a result, Japan's housing market continues to struggle with falling or stagnant prices, excess supply, and weak demand. This has ramifications for the broader economy given the importance of housing as an asset class for households.

Top 500 Companies and Foreigners Have All Left, Shanghai’s Rents Have Plummeted!

quote:

Op woensdag 14 juni 2023 22:32 schreef slashdotter3 het volgende:
Internationale bedrijven verlaten massaal China en in Shanghai is de vraag naar kantoorruimte en luxe expat woningen ingestort. Hele straten staan er leeg.

Ondernemers verkopen hun restaurants, winkels, hotels allemaal met 30% verlies om nu het nog kan er geld voor te krijgen voordat het nog minder waard wordt.

De verwachtingen zijn dat dit net zoals bij Japan een decennia lange neerwaartse trend wordt.

SPOILER: The Japanese housing market

The Japanese housing market has been struggling for several decades with a set of interrelated problems:

Falling prices - Housing prices in Japan peaked in the early 1990s and have been falling or stagnant ever since. Prices in major cities like Tokyo are still about 30-40% below their 1990s peak. This is due to issues like a declining population and slack demand.

Low demand - Japan's population is shrinking and aging rapidly, reducing the number of potential home buyers, especially young families. This has contributed to excess supply and falling prices.

Excess supply - Despite falling demand, new home construction has continued at a relatively high rate. This has led to an oversupply of housing, further weighing on prices.

Weak economy - Japan's long period of economic stagnation since the1990s has resulted in low income growth and wealth accumulation. This has limited people's ability and willingness to buy homes, especially larger or more expensive ones.

High debt - Many Japanese households still carry significant mortgage debts from the bubble era of the 1980s. This debt acts as a drag on their ability to buy new homes.

Reluctance to sell - Many Japanese homeowners, especially older ones, do not want to sell their underwater homes (where the mortgage is higher than the market value). This reduces the number of homes available for sale.

Risk aversion - Japanese investors tend to be relatively risk averse. This has limited the ability of real estate investors to help rebalance the market through buying undervalued properties.

All of these issues have persisted for decades and show few signs of significant improvement. As a result, Japan's housing market continues to struggle with falling or stagnant prices, excess supply, and weak demand. This has ramifications for the broader economy given the importance of housing as an asset class for households.

Top 500 Companies and Foreigners Have All Left, Shanghai’s Rents Have Plummeted!

On June 5th, a real estate industry insider in Shanghai appeared on Fuxing Middle Road, pointing to the deserted buildings on both sides of the street, "This place used to be packed with foreigners. Now, there's not a single foreigner around, only Chinese. All the foreigners have left."

Following this, he brought up the rent situation in Shanghai. He said that in places like Mingyuan Century City, Jiali Garden, Huijing Garden, and Wutong Garden, the rent was usually tens of thousands per month, and the tenants were all foreigners. "These are the world's top 500 multinational companies. They're rich and spend company money. Now they're gone, and these houses are empty."

quote:

Op woensdag 14 juni 2023 22:22 schreef Korenfok het volgende:

[..]
En china is onder Xi gewoon vol conservatief autoritaire gegaan. dus steeds moeilijker om open handel te drijven. overheid wil steeds meer invloed binnen bedrijven, als in overheidsfunctionarissen in het bestuur, management etc. Veel ideeen worden gejat / gestolen. Weinig echt innovatie uit china zelf (wat een open samenleving nodig heeft). Ziet er heel slecht uit voor China en de wereld. Want meestal autocraten en dreiging verlies van macht is vaak recept voor Oorlog, ipv dat ze innoveren hand in eigen boesem steken en een andere koersvaren.

quote:

Op woensdag 14 juni 2023 23:53 schreef Peppert het volgende:

[..]
Onder Xi. Ach houdt toch op gast. Die man is pas sinds november 2012 op het wereldtoneel verschenen. Je hebt totaal geen enkele weet waar je het over hebt. Duke Xiao of Qin (360 voor Christus), Qin Shi Huangdi (200 voor Christus), Han Wudi (145 voor Christus), Tang Taizong (700 na Christus), Hongwu (1390 na Christus), Yongle (1400 na Christus), Qianglong (1790 na Christus), Mao (1949 na Christus). Xi Jinping is helemaal niet autoritair gegaan want ze waren het al duizenden jaren.

Het is gewoon hoe ze hun land runnen lang voordat de meeste landen waren geboren. Als een autoritair systeem voor ze werkt en dat heeft het gedaan anders bestaat een politieke entiteit niet voor millennia dan moeten ze daar vooral mee doorgaan. Hoe noem je al die oorlogen van de VS? Daar is helemaal geen autoritair bestel voor nodig. Het voeren van oorlog is intrinsiek verbonden met de mensheid. Autoritair bestel en oorlog is een liberaal sprookje. Niks meer, niks minder. In het Confuciaanse gedachtegoed wordt een indringende overheid niet als een slechte zaak gezien zoals hier in het liberale West-Europa, maar meer als een ouder dat een zware verantwoordelijkheid draagt voor haar land en volk, maar het volk heeft ook het recht om die overheid te wippen als ze dat vertrouwen schendt aldus Mencius wat heel vaak is gebeurd door de millennia heen.

quote:

Op donderdag 15 juni 2023 00:04 schreef Frikandelbroodje het volgende:

[..]
Jullie hebben allebei gelijk. China is altijd al autoritair geweest, maar de relatieve vrijheid van de jaren 80-2010 was beter voor het vertrouwen van buitenlandse bedrijven, overheden en consumenten.

quote:

Op donderdag 15 juni 2023 00:01 schreef Frikandelbroodje het volgende:
China’s economy is way more screwed than anyone thought

quote:

Op donderdag 15 juni 2023 13:51 schreef Eyjafjallajoekull het volgende:

[..]
https://www.cnbc.com/2023(...)data-disappoint.html

Aan de andere kant wordt de ineenstorting van de Chinese economie al 30 jaar voorspelt. Persoonlijk denk ik dat het wel mee valt uiteindelijk. De VS ging ook flink onderuit in 2008, terwijl je daar nu nog weinig van merkt.

Wat ik bedoel is: ieder land heeft zijn crashes, maar dat betekend niet dat China opeens 'klaar' is.

quote:

Op donderdag 15 juni 2023 13:52 schreef sjorsie1982 het volgende:

[..]
Als iemand het heeft over een ineenstorting dan zegt dat niks over het herstel. Een ineensorting blijft een ineenstorting ook al is het herstel vliegensvlug.

quote:

Op donderdag 15 juni 2023 13:53 schreef Eyjafjallajoekull het volgende:

[..]
Jawel veel mensen doen ook alsof het het einde van China is, en van Xi, bijvoorbeeld.

quote:

Op donderdag 15 juni 2023 13:51 schreef Eyjafjallajoekull het volgende:

[..]
https://www.cnbc.com/2023(...)data-disappoint.html

Aan de andere kant wordt de ineenstorting van de Chinese economie al 30 jaar voorspelt. Persoonlijk denk ik dat het wel mee valt uiteindelijk. De VS ging ook flink onderuit in 2008, terwijl je daar nu nog weinig van merkt.

Wat ik bedoel is: ieder land heeft zijn crashes, maar dat betekend niet dat China opeens 'klaar' is.

quote:

Op donderdag 15 juni 2023 00:01 schreef Frikandelbroodje het volgende:
China’s economy is way more screwed than anyone thought

quote:

Op donderdag 15 juni 2023 13:51 schreef Eyjafjallajoekull het volgende:
Aan de andere kant wordt de ineenstorting van de Chinese economie al 30 jaar voorspelt. Persoonlijk denk ik dat het wel mee valt uiteindelijk. De VS ging ook flink onderuit in 2008, terwijl je daar nu nog weinig van merkt.

quote:

Op donderdag 15 juni 2023 13:53 schreef Eyjafjallajoekull het volgende:

[..]
Jawel veel mensen doen ook alsof het het einde van China is, en van Xi, bijvoorbeeld.

quote:

Op vrijdag 16 juni 2023 20:42 schreef crystal_meth het volgende:

[..]
Xi zal desnoods Taiwan binnenvallen om z'n eigen positie te redden. En dan heeft heel de wereld problemen.

quote:

Op zaterdag 17 juni 2023 12:59 schreef slashdotter3 het volgende:

- de chipban, China gaat geen moderne chips meer krijgen, dan worden EVs ook een probleem

quote:

Op zaterdag 17 juni 2023 20:13 schreef Eyjafjallajoekull het volgende:
Bovendien krijgt zelfs Rusland nog gewoon chips binnen ondanks alle export verboden (wel voor een meerprijs). Voor China zal het al helemaal geen probleem zijn gok ik.

quote:

Op zaterdag 17 juni 2023 20:41 schreef Peppert het volgende:

[..]
Als ze 28 nm chips totaal in China kunnen fabriceren inclusief de ongelofelijke hoeveelheid materiaal en andere kennis die je daarvoor nodig hebt dit decennium neem ik mijn pet voor ze af.

quote:

Op zaterdag 17 juni 2023 22:53 schreef machtpen het volgende:

[..]
Ze zitten in China al op 10 nm en kunnen opschalen naar 7 nm, zoek maar eens op tweakers.

Is ook wel logisch, ze bouwen de nieuwste generatie kernreactoren en dan zullen ze geen chippieslijn kunnen opzetten.

quote:

Op zaterdag 17 juni 2023 23:08 schreef Peppert het volgende:

[..]
Nee, dat is absoluut niet het geval.

quote:

Op zondag 18 juni 2023 17:23 schreef Akathisia het volgende:
https://vm.tiktok.com/ZGJC84xUV/

De toekomst van leren in China. Een neuronenactiviteitmeter en camera's op je kop gericht met een leraar die een live feed krijgt van wie zich niet concentreert en gaapt.

quote:

Op dinsdag 20 juni 2023 23:37 schreef slashdotter3 het volgende:
Nieuw overbodig water kanaal wordt aangelegd maar ze gaan de kosten (10 miljard usd) er niet uit halen. Er zijn namelijk al 2 andere kanalen die maar half benut worden en elk jaar krimpt de export naar het buitenland.
Transport naar Vietnam wordt sneller en goedkoper maar dat gaat de kosten niet compenseren.

$10.2 Billion STUPID Mega Canal Under Construction, Is This the Straw That Broke the Camel’s Back?

Currently, the Chinese government is vigorously constructing a mega canal project. The total investment for this project is 72.7 billion RMB (10.2 billion USD), with excavation volume about 340 million cubic meters.

Amid a weak economy, rising unemployment rates, and a sharp decline in exports, China is experiencing a rapid withdrawal of international capital. Manufacturing giants such as Foxconn, Samsung and technology giants like Amazon are leaving China in succession. The decoupling between China and the developed economies is accelerating, gradually eroding China's status as the world's factory.

In this context, the Chinese government is investing substantial funds into the construction of water projects in an attempt to stimulate economic growth.

SPOILER: Wolf Warrior

"Wolf warrior" refers to an aggressive and assertive strain of Chinese nationalism and diplomacy that has emerged in recent years. Here are some key details:

o The term comes from a popular series of Chinese action movies called "Wolf Warrior" about a heroic Chinese special forces soldier. The movies promote nationalism, patriotism and the strength of the Chinese military.

o The "wolf warrior" approach refers to China taking an increasingly assertive and aggressive stance on the global stage, particularly when it comes to defending Chinese interests, companies and citizens abroad.

o Chinese diplomats and officials have adopted more confrontational and nationalistic rhetoric, especially on social media. They have engaged in more public disputes with foreign counterparts.

o The approach represents a shift from China's more reserved and conciliatory diplomatic posture under previous leaders. It reflects China's growing confidence as its power and influence expand.

o Proponents argue the wolf warrior approach is needed to demand more respect for China, push back against criticism and safeguard China's interests as it rises.

o Critics argue the approach has alienated other countries, fueled distrust of China's intentions, and undermined China's efforts to build a more positive international image.

o The militant and undiplomatic rhetoric has also drawn comparisons to the personalities in the "Wolf Warrior" films, giving rise to the term "wolf warrior diplomacy" to describe China's more assertive international stance.

So in summary, "wolf warrior" refers to China adopting a more assertive, aggressive and nationalistic diplomatic approach in recent years that some argue has helped defend China's interests but others contend has alienated other countries. It reflects China's strengthening confidence on the global stage.

Foxconn Production Lines Exit China, Global Supply Chain Shift Results in Mass Factory Closures

quote:

Op zondag 25 juni 2023 11:20 schreef slashdotter3 het volgende:
[ twitter ]

quote:

Op zondag 25 juni 2023 13:41 schreef Alov het volgende:

[..]
Ik denk dat mogelijke oorlogen in de toekomst toch door drones worden beslist. Maar inderdaad wel een beetje jammer dit.

quote:

Op zondag 25 juni 2023 11:19 schreef slashdotter3 het volgende:
Wel een optimale gebruik van ruimte
[ twitter ]

SPOILER: Starbucks wordt tegengewerkt en afgeperst door health inspectors

They fail because they aren't allowed to compete.
Back when I lived in China the health inspectors would issue fines to my local Starbucks. Starbucks was the cleanest place to buy food in my city. It had nothing to do with cleanliness. I noticed that all the foreign owned restaurant businesses in my city had the lowest grade possible to remain open. (In China restaurants have to post a big sign showing their most recent assessment score from the health inspector). Meanwhile, the dirtiest Chinese restaurants would have the highest score possible. My theory is that it had to do with an unwillingness to pay bribes.

I watched the health inspector inspect individual coffee beans from the espresso machine once and then scold the Starbucks staff. After the health inspector left, all the staff started laughing. It was pretty funny.

From Carrefour to Wal-Mart, international retailers are leaving China/Why do they fail?

SPOILER: China’s new anti-spy law is just the beginning

https://www.politico.eu/a(...)-just-the-beginning/
It didn’t matter that I was “dean of the due diligence community” in China, I was still in jail for two years on false charges of illegal information gathering.

But today? Today, I might get 20 or life. Or, I might be dead.

In 2013, shortly after Xi Jinping had taken power in China, I was locked in an iron interrogation cage in a detention center every day, and was questioned by the Chinese police, the PSB. Then, one day, interrogators from the Ministry of State Security, China’s KGB, took over, and they tried to prove I was a spy.

They had gone through my laptop with a fine-tooth comb. “You were gathering intelligence in Xinjiang. Look at this report,” the interrogator growled. “I didn’t write it,” I answered. “But it’s in your computer,” he bellowed. “It is just an analysis of publicly available news. My colleague wrote it for clients focused on business risks in Xinjiang, and we posted it on our website,” I replied. He backed down.

Then, he tossed out names — American and British friends in the business community and at Rotary who they wanted to prove were spy contacts. “They are in your computer,” he barked. I shot the names down one by one, explaining how I met them and making clear there was no dodgy relationship.

He then accused me of writing an intelligence report about North Korea for the CIA, showing me an analysis written by a Peter Humphrey. “Maybe you don’t know it, but there are thousands of Peter Humphreys in the world, and that one is not me. I am not a Korea expert,” I said. I thought maybe he didn’t know that. “And I have never worked for a government.” That’s when he gave up.

My daily PSB interrogators then got back to the job of trying to prove a charge of “illegally acquiring personal information.” I ended up being tried and convicted on that “lesser” privacy count and was jailed for 30 months. My American wife received two years. Our due diligence firm, ChinaWhys, was dead — they forcibly shut it down and destroyed our livelihood. They orphaned our son. They put my staff on the street.

But if Xi's new anti-spy law -- which is set to take effect on July 1 -- had been in place then, all my activities at our thriving, respectable due diligence firm could have been construed as spying, and I could still be in Xi's prison serving a life sentence today. Or, I could be dead from the cancer they refused to treat while I was in their jails unless I signed a confession -- which I refused.

Under the terms of this sweeping new law, all investigation activity and data gathering in China -- printed, electronic or oral -- can be effectively outlawed as "espionage." This could be the fate now awaiting many due diligence professionals and consultants in China -- or even just ordinary businesses and their staff.

The previous espionage law that Xi introduced in 2014 only revolved around "state secrets." What state secrets meant exactly wasn't well-defined, but it was still far easier to imagine than what we now face.

But Xi decided the old law wasn't enough. And the new "Anti-Espionage Law Amendment," which a senior national legislature official described in April but the full text of which has yet to be published, expands its reach from the theft of state secrets to "all data and items related to national security."

Chinese state media has reported that "espionage activities" will now include "activities that endanger national security," state secrets and intelligence, as well as -- and this is the killer -- "other documents, data, materials and items related to national security and national interests, or to instigate, lure, coerce or bribe state staff" to provide such items.

This remit is problematic. "This is a law that potentially could make illegal in China the kind of mundane activities that a business would have to do to seek due diligence before you do a business deal," American ambassador Nicholas Burns commented. "We are now thinking a mere business conversation could become a crime," one American lawyer in Beijing told me.

A crucial change is that areas previously covered by privacy provisions under the Criminal Code -- which carried a maximum penalty of three years in jail but usually ended with only a slap on the wrist (if you were not Peter Humphrey) -- can now earn life terms or even a death sentence.

And this is what the five staff members arrested at the due diligence firm Mintz and those who were recently questioned at the consultancy Bain need to worry about, as they and other Western consultancies can become the first victims of the new law.

And what are some of those evil due diligence activities that may constitute spying?

In addition to legal, financial and operational checks, practitioners of enhanced due diligence probe the shareholding structure, ownership, background, track record, affiliations and reputation of a firm, as well as the individuals behind it. Much of this is done by retrieving and analyzing public records and data, plus discreet behind-the-scenes inquiries. It's an essential activity in any functioning market economy.

At Chinawhys, we reviewed things like the incorporation records and annual financial returns of a company -- which in most countries are public record -- the CVs of individual shareholders, the property records of companies and individuals, and we mined everything available online. We would combine all this data to assess whether it was safe to do business with a subject company, or whether the risks were too high.

The red flags to look for included things like whether a firm and its shareholders had a criminal past, a track record of fraudulent activity, illegal business practices, theft of intellectual property, or whether any directors and shareholders were Communist Party officials or their family members.

All this research can now easily be viewed as espionage -- especially probing people who turn out to be officials, or companies that turn out to have business in Xinjiang -- and it can be tried and prosecuted as such. The breadth and ambiguity of the law's reach is rightly unnerving.

Normally, I would consider espionage to include activities like procuring military and political secrets, or working for a foreign government to gather information about the Chinese government -- a rather basic universal definition. It is easy to understand why somebody photographing a Chinese naval base -- or a Chinese individual filming an American air force base -- gets jailed for spying. But in China, routine information gathering for commercial purposes will now be vulnerable.

Even academics and financial market traders face this risk. Academic (such as CNKI) and securities databases (such as WIND), corporate registries and judicial databases (such as CJO) in China have all been ordered to scale back or shut down access to foreigners. And unauthorized access or facilitation of access to such data could now become a crime under the new scope of the spy law.

But then what happens to financial data providers like ThomsonReuters, Dow Jones and Bloomberg, if the law deems the data they gather harms "national interests"? "People like me should not even think about going to China now," one Chinese-American academic told me this week.

So, how has all this come about? Sure, every country spies, and every country has an anti-espionage laws. But why go so far as to endanger normal business activity?

After watching China for 48 years, I haven't seen a single leader more obsessed with draconian restrictions, security, secrecy, surveillance, repression and suspicion of foreigners than Xi Jinping.

Before he took power in late 2012, China was largely friendly toward the West, and the West was friendly -- though critical -- toward China. Xi changed all that. Even before taking office, he drew attention by attacking foreigners in a speech, saying full-bellied Westerners shouldn't finger-point at China. He adopted a hostile approach to the West and launched a campaign to arrest "white trash."

His ultra-thin skin also meant he took things very personally. A bombing in Xinjiang while visiting was taken personally. Protests during a visit to Hong Kong were taken personally. Critical books published outside mainland China were taken personally.

In all cases, revenge was swift -- and with arrests.

Xi then began serial crackdowns and attracted more criticism from abroad: The internment of Uighurs in Xinjiang; the destruction of democracy in Hong Kong; the threat to Taiwan; the incessant escalation of restrictions on business operations, the financial sector, securities, property and money flows; the draconian COVID-19 controls and censorship; messing up the economy and imposing a tech surveillance state . . . And it all earned him more criticism.

Feeling besieged by these criticisms, which fueled a profound suspicion of information leaks, he then repeatedly added new layers of restrictions, new layers of organization and new layers to existing laws -- the spy law being the very latest.

He removed the power of many ministries, superimposing "small working groups" that he personally oversees on top of them, as he doesn't trust anybody. And when secrets about his misrule leak, he looks for perpetrators and lashes out, further tightening his information black box through yet more restrictions and crackdowns.

This is his DNA. This is why no law will ever be enough for Xi.

Some Chinese compare him with the torturers of old, performing the "death of a thousand cuts." And cut by cut, slice by slice, hurt by hurt, he is procuring submission. And more is yet to come.

quote:

Op vrijdag 30 juni 2023 06:08 schreef machtpen het volgende:
Er gaat 1 bedrijf weg uit China, lekker belangrijk want er blijft genoeg over.

Gast, ga eens naar de huisarts met je rare obsessieve waanbeelden want je bent niet gezond bezig.

quote:

Op vrijdag 30 juni 2023 08:13 schreef slashdotter3 het volgende:

[..]
Interessante https://yourlogicalfallacyis.com/ad-hominem

Maar ook wel een mooie kans om een samenvatting te geven dus ik ga er op in

Foxconn is de belangrijkste werkgever van China die indirect meer dan een miljoen mensen van werk voorziet. In hun eigen fabrieken 100~200k man en in hun up en downstream (bedrijven die in het proces ervoor of erna zitten) de rest.

Als Foxconn vertrekt dan nemen zij hun up/down stream mee. Dat zijn die andere 200 bedrijven van het filmpje. Al die werkgelegenheid verdwijnt nu naar Vietnam en Thailand.

Daarnaast heb je nog andere bedrijven die meeprofiteren van als mensen geld hebben zoals restaurants, food delivery, vervoer. Deze bedrijven vallen nu ook allemaal om.

Wat betreft je 'lekker belangrijk er blijft genoeg over'. Ik ben bang van niet. De salarissen in China zijn 3~4x die van Vietnam/Thailand/Mexico/Bangladesh. Zelfs 100% Chinese bedrijven verplaatsen hun productie omdat zij dan enorm op salarissen kunnen besparen. We staan aan het begin van de uittocht van bedrijven uit China, dit proces gaat de komende (noem eens wat...) 30 jaar door.

Als je de filmpjes bekijkt dan zie je dat ze in iig Shanghai tot dezelfde conclusie zijn gekomen.
Huizen en restaurants worden massaal met 30% verlies verkocht omdat ze niet in een verbetering geloven, beter nu 30% dan over een jaar 50%

==============
Nog wat andere interessante topics:
• demographic collapse
• de 2025~27 oorlog met Taiwan/VS/Australie/Japan/Filipijnen
• de spionage wet die morgen start
• de politiestaat

quote:

Op vrijdag 30 juni 2023 08:29 schreef michaelmoore het volgende:

[..]
Kan china dat niet compenseren met baby factorys , het is toch goed mogelijk om 1.000.000 kinderen te maken zonder dat je een vader of moeder hebt ??

Het zou wel in het huidige China passen

quote:

Op vrijdag 30 juni 2023 08:33 schreef slashdotter3 het volgende:

[..]
https://www.independent.c(...)crispr-a8792386.html
Ze zijn iig wel bezig met research doen naar hoe ze superslimme babies kunnen krijgen. Al staat dat vast nog tientallen jaren af van massaal in de praktijk brengen.

'Biggest threat to...': Elon Musk cautions about population collapse in China | Details

quote:

Op vrijdag 30 juni 2023 08:34 schreef michaelmoore het volgende:
Men is zich zeker wel bewsut van dit megaprobleem , van lege steden en lege fabrieken en een leeg land en steeds lagere salarissen / koopkracht en deflatie
https://www.populationpyramid.net/china/2025/

'Biggest threat to...': Elon Musk cautions about population collapse in China | Details

China doesn’t have 1.4 billion people. Its population is under 1 billion.

quote:

Op vrijdag 30 juni 2023 09:00 schreef slashdotter3 het volgende:

[..]
Over population collapse gesproken. Ik kwam wat schattingen/berichten tegen dat China geen 1.4 maar eerder rond de 1 miljard inwoners heeft.

Er is namelijk een financiele incentive om hogere getallen op te geven. Lokale overheden krijgen geld van de centrale overheid per hoeveel inwoners ze hebben.

China doesn’t have 1.4 billion people. Its population is under 1 billion.

quote:

Op vrijdag 30 juni 2023 08:34 schreef michaelmoore het volgende:

Men is zich zeker wel bewsut van dit megaprobleem , van lege steden en lege fabrieken en een leeg land en steeds lagere salarissen / koopkracht en deflatie
https://www.populationpyramid.net/china/2025/

quote:

Op vrijdag 30 juni 2023 09:10 schreef slashdotter3 het volgende:

[..]
https://www.populationpyramid.net/china-hong-kong-sar/2025/
Moet je die van HK zien, daar is iets raars aan de hand: 30-34 tot 55-59 zijn er duidelijk minder mannen dan vrouwen. Waar zijn die heen?

quote:

Op vrijdag 30 juni 2023 09:12 schreef michaelmoore het volgende:

[..]
geemigreerd naar engeland en USA

quote:

Op vrijdag 30 juni 2023 09:17 schreef slashdotter3 het volgende:

[..]
Emigratie zou kunnen idd, maar dit zijn wel echt enorme aantallen als je het in een grafiek kan terugzien. HK is een super populair land om te wonen en werken dus dan moet er wel echt een reden zijn om weg te gaan. Misschien de repressie sinds 2019...

SPOILER: troll farm

A troll farm is a group or organization that posts inflammatory or divisive content online with the intent of manipulating public opinion and sowing discord. The term originated from internet "trolls" who would post offensive or disruptive messages to upset others.

Troll farms are often used as part of disinformation campaigns and political manipulations. Paid workers at troll farms are tasked with posting, commenting and sharing content that will further the organization's agenda - often without disclosing their true identities or motives.

Some key points about troll farms:

• They frequently use large numbers of fake accounts or "bots" to amplify their messages and make them appear more popular than they actually are.

• Their goal is often to polarize online discussions, spread conspiracy theories and undermine trust in institutions.

• Troll farms have been attributed to state actors like Russia, China and Iran, as well as political campaigns and private companies.

• They target various social media platforms and discussion forums, looking for opportunities to insert divisive content and comments.

• Researchers have used techniques like tracing IP addresses, analyzing linguistic patterns and looking for coordinated activity to identify troll farms and their operations.

So in summary, a troll farm refers to an organized group that creates and amplifies online disinformation, not through presenting facts and arguments in good faith, but by manipulating and disrupting online conversations in a deceptive manner for political or commercial interests.

SPOILER: SeaLioning

quote:

Op vrijdag 30 juni 2023 12:12 schreef slashdotter3 het volgende:
China heeft ook een trollenfabriek

SPOILER: troll farm

A troll farm is a group or organization that posts inflammatory or divisive content online with the intent of manipulating public opinion and sowing discord. The term originated from internet "trolls" who would post offensive or disruptive messages to upset others.

Troll farms are often used as part of disinformation campaigns and political manipulations. Paid workers at troll farms are tasked with posting, commenting and sharing content that will further the organization's agenda - often without disclosing their true identities or motives.

Some key points about troll farms:

• They frequently use large numbers of fake accounts or "bots" to amplify their messages and make them appear more popular than they actually are.

• Their goal is often to polarize online discussions, spread conspiracy theories and undermine trust in institutions.

• Troll farms have been attributed to state actors like Russia, China and Iran, as well as political campaigns and private companies.

• They target various social media platforms and discussion forums, looking for opportunities to insert divisive content and comments.

• Researchers have used techniques like tracing IP addresses, analyzing linguistic patterns and looking for coordinated activity to identify troll farms and their operations.

So in summary, a troll farm refers to an organized group that creates and amplifies online disinformation, not through presenting facts and arguments in good faith, but by manipulating and disrupting online conversations in a deceptive manner for political or commercial interests.

En ze doen ook aan SeaLioning

SPOILER: SeaLioning

[ afbeelding ]

quote:

Op vrijdag 30 juni 2023 10:06 schreef machtpen het volgende:
China heeft dus een hoog ontwikkeld technologisch produktie apparaat, energie en grondstoffen veilig gesteld, werelddistributie in eigen beheer en binnenkort volledig eigen voedselproduktie. Is ook nog de grootste economie in de wereld.

Klinkt niet echt dat het daar fout gaat gaan. Het gaat eerder fout in het westen dan daar.

quote:

Op vrijdag 30 juni 2023 10:06 schreef machtpen het volgende:
China heeft dus een hoog ontwikkeld technologisch produktie apparaat, energie en grondstoffen veilig gesteld, werelddistributie in eigen beheer en binnenkort volledig eigen voedselproduktie. Is ook nog de grootste economie in de wereld.

Klinkt niet echt dat het daar fout gaat gaan. Het gaat eerder fout in het westen dan daar.

quote:

Op vrijdag 30 juni 2023 12:30 schreef icecreamfarmer_NL het volgende:

[..]
Ja behalve dat alles wat je verteld niet helemaal waar is.

quote:

Op vrijdag 30 juni 2023 12:49 schreef machtpen het volgende:

[..]
Wat is er niet waar aan dan ?

quote:

Op vrijdag 30 juni 2023 10:06 schreef machtpen het volgende:
China heeft dus een hoog ontwikkeld technologisch produktie apparaat, energie en grondstoffen veilig gesteld, werelddistributie in eigen beheer en binnenkort volledig eigen voedselproduktie. Is ook nog de grootste economie in de wereld.

Klinkt niet echt dat het daar fout gaat gaan. Het gaat eerder fout in het westen dan daar.

quote:

Op vrijdag 30 juni 2023 14:33 schreef slashdotter3 het volgende:
Het geboortecijfer was afgelopen jaar historisch laag in China. Zelfs de strikte lockdowns tijdens de coronapandemie konden de Chinezen niet aansporen meer kinderen te krijgen.

quote:

Op vrijdag 30 juni 2023 14:41 schreef slashdotter3 het volgende:

[..]
De strikte lockdowns gaan het peperdure opvoeden van een kind niet op magische wijze goedkoper maken.

quote:

Op vrijdag 26 mei 2023 16:41 schreef Eyjafjallajoekull het volgende:

[..]
De grap is natuurlijk dat dit nu op een kantelpunt staat. De populatie krimpt, het geboortecijfer erg laag. Geef het 20 jaar en bedrijven schreeuwen om jonge mensen.

quote:

Op vrijdag 30 juni 2023 12:49 schreef machtpen het volgende:

[..]
Wat is er niet waar aan dan ?

quote:

Op vrijdag 30 juni 2023 20:59 schreef icecreamfarmer_NL het volgende:

[..]
Wat is er wel waar aan?

quote:

Op zaterdag 1 juli 2023 11:27 schreef slashdotter3 het volgende:
Ander onderwerp: er is een overheidsbeleid om bedrijven in te pikken. ze investeren 1 yuan en eisen daarna 49% van het bedrijf. Meegaan erin of je mag je bedrijf sluiten.

quote:

Shell shakedown
Fortune's Abrahm Lustgarten reports how the world's second-largest oil company lost control of its $22 billion project on Russia's Sakhalin Island.
FORTUNE Magazine
By Abrahm Lustgarten, Fortune
February 1 2007: 12:10 PM EST

(Fortune Magazine) -- Word that control of the world's largest integrated oil and gas project had been wrested from Royal Dutch Shell trickled down to the company's staff on Russia's Sakhalin Island in December the same way it reached everyone else: via the newswires.

quote:

Shell gaat er niet vanuit ooit nog iets van zijn investering in Sakhalin-2 terug te zien. Die afschrijving kost het bedrijf 1,6 miljard dollar (omgerekend zo'n 1,4 miljard euro).

quote:

Op zaterdag 1 juli 2023 11:27 schreef slashdotter3 het volgende:
Die 13,5k miljonairs nemen naast hun geld ook werkgelegenheid weg. Bedrijven en banen verdwijnen. Het trickle down effect is weg.
De Covid lockdowns hebben grote schade aangericht. Mensen zijn financieel geruineerd en worden niet gecompenseerd. Gewoon pech gehad.

'Mike' was een miljardair in 2019 en in 2023 was zijn business kapot en zat hij diep in de schulden. Door de lockdowns en door CCP wanbeleid
Mike had een mooi project bij een rivier en de overheid was 49% mede eigenaar. President Xi komt langs en zegt: we moeten de natuur beschermen. Shut down everything! Boem, bedrijf kapot, geen compensatie, jammer pech gehad

3.00 er is overheidsbeleid om bedrijven in te pikken. ze eisen gewoon 49% of 51% van het bedrijf. Ga je er niet in mee dan kan je het bedrijf sluiten. Dit is de ervaring van miljoenen bedrijven in China.

Waar gaan alle miljonairs naar toe, in volgorde: US, Canada, Australie, UK, Singapore

12.35 Wanneer de rijken en slimme mensen vertrekken dan heeft het een negatieve invloed op de samenleving en wordt het een vicieuze cirkel.

13.50 zelfs ccp officials geloven er niet in en hebben al een exit strategie. Ze hebben hun vrouw en kinderen al naar het buitenland gestuurd en kunnen zodoende direct vertrekken wanneer het ccp systeem instort. Tot die tijd maken ze gebruik van hun invloedrijke positie om hun zakken te vullen.

CCP’s Nightmare Is Coming! 13,500 Tycoons Flee China, $48 Billion Taken Away, Highest Number Global

In recent years, China's wealthy individuals have been continuously leaving the country, leading to a surge in the number of emigrants. On June 13th, Henley & Partners, a UK-based consultancy specializing in investment migration, released the 2023 Henley Private Wealth Migration Report.

According to the report, it is projected that in 2023, approximately 13,500 Chinese high-net-worth individuals with assets exceeding one million US dollars will emigrate, ranking China first in terms of the number of emigrants globally. This figure represents an increase of 2,700 individuals compared to the previous year, once again breaking records for wealthy Chinese immigrants.

Why are so many Chinese billionaires choosing to emigrate overseas? Let's first look at a story recounted by a private business owner.

quote:

Op zaterdag 1 juli 2023 13:07 schreef slashdotter3 het volgende:

Defaults Trigger Property Sell-Off, Shanghai Housing Prices Plunge 25%, Economy Loses Key Driver

Four major first-tier cities in China experience a simultaneous decline in the volume and price of second-hand houses, reflecting the economic difficulties in China. Since the beginning of this year, the Chinese property market has entered a downward trend after a brief upturn in February and March.

Recently, with the outbreak of nationwide layoffs and unemployment, many homeowners who are unable to repay high mortgages have started to sell their properties, leading to a wave of second-hand house sales in China.

The latest data shows that second-hand house prices in 70 major and medium-sized cities in China have generally fallen, and transaction volume is also declining, including the four first-tier cities of Beijing, Shanghai, Guangzhou, and Shenzhen.

quote:

Country Garden Holdings Co Ltd

0,21 USD
-1.44 (-87.27%)past 5 years
22 Jun, 16:00 GMT-4 o Disclaimer

Inside China's ghost cities | 60 Minutes Australia

quote:

Op vrijdag 30 juni 2023 21:00 schreef machtpen het volgende:

[..]
Alles

quote:

Op zaterdag 1 juli 2023 19:14 schreef icecreamfarmer_NL het volgende:

[..]
Nou nee niet bepaald.
De grootste onzin is nog wel de zelfvoorzienendheid qua voedsel.

SPOILER

Ik kom uit Nederland, op de Veluwe opgegroeid en op m'n 28e naar Shanghai verhuisd. Na vier corona jaren deze maand voor 't eerst weer in Nederland.

Wat me opvalt:

• Je kan water direct uit de kraan drinken, dat was ik helemaal vergeten

• Nederlanders houden schoenen aan in huis, dat voelt nu echt heel onnatuurlijk maar het is nog wel te doen omdat huizen veel groter zijn dan de appartementen in Shanghai

• Maar Nederlanders doen geen slippers aan tijdens of na het douchen, en gaan zo met blote voeten de gang over en stappen zo in bed, dat is wel heel goor

• Onderbroeken en sokken en broeken (waarmee je op openbare plekken zit) worden bij elkaar in de was gedaan, dat vind ik nu ook wel een beetje vies (in China wordt ondergoed altijd apart gewassen, vaak met de hand)

• Nederlands eten is echt heel simpel, lomp zelfs (haring, of patatje oorlog, looking at you), maar wel heel lekker omdat het echt goede ingredienten zijn

• Fietspaden zijn ontzettend goed geregeld in Nederland, vooral omdat je afgeschermd bent van auto's, en auto's niet zomaar op fietspaden kunnen parkeren. Ook mogen auto's niet zomaar rechtsaf slaan zoals in China, dat is een stuk veiliger voor fietsen

• Iedereen houdt zich vrij goed aan de verkeerregels, ik reed elke keer met de auto met de reflexen alsof ik nog in China was en ik ieder moment geen voorrang zou krijgen

• Ook heel bijzonder dat Nederlandse kinderen al zo jong zelf op de fiets naar school gaan

• Veel mensen werken deeltijd, nogal anders dan in China waar gemiddeld 9 of 10 uur per dag gewerkt wordt (en in tech-industrie vaak 6 dagen per week), wat dat betreft is Nederland echt veel relaxter

• Wat is er ontzettend veel laagbouw. Een vriend in Shanghai woont in een woonblok met 30 gebouwen allemaal van 25 verdiepingen hoog, vlak bij elkaar. In Shanghai zie je bijna geen gebouwen lager dan de hoogste gebouwen in Zwolle (behalve de ABN Amro en Peperbus dan misschien)

• Gemiddelde leeftijd van auto's is echt veel hoger dan in Shanghai, en ook veel minder elektrisch

• Nederlandse natuurparken, bossen en oude gebouwen zijn niet vol met selfie-makers zoals in China. Sterker nog, er zijn amper mensen

• Dorpen op de Veluwe en Groningen zijn zo mooi, alsof ik in een openluchtmuseum ben

Ik heb de afgelopen vier jaar vanuit China over Nederland gelezen, de klimaat-, stikstof, vluchtelingen-, boeren-crisis, Groningen, corona. Maar nu ik terug was merk ik er allemaal heel weinig van en is er maar weinig veranderd. Meer terrassen en elektrische fietsen.

Wat me vooral opvalt is hoe goed alles geregeld is, met name sociale verzieningen. In China, als je ziek bent of je werk verliest, zorgt de overheid niet voor je. Geld is een stuk belangrijker, in families of de partner die je kiest — want geld dient ook als een sociaal vangnet. Dat is wel echt een cultuurverschil met Nederland.

quote:

Op zaterdag 1 juli 2023 20:11 schreef spicymchaggis het volgende:

[..]
Het zou juist beter zijn wanneer de economie één of twee versnellingen omlaag zou schakelen.

Top 500 Companies and Foreigners Have All Left, Shanghai’s Rents Have Plummeted!

quote:

Op zondag 2 juli 2023 05:50 schreef Dementor het volgende:
De Chinese afhaal gaat hier ook al weg.

quote:

Op zondag 2 juli 2023 10:26 schreef slashdotter3 het volgende:
Sad story...

China Has 400 Million Mortgage Slaves, With 8% Ending Up With Unfinished Properties

In July 2022, the story of a young couple from Zhengzhou, Henan, who bought an unfinished apartment, went viral online. They documented their journey through videos - from the excitement of buying the property, the joy they felt with each new floor built, to the despair they experienced when construction abruptly stopped.

Through their videos, people witnessed the gradual extinguishing of the hopeful gleam in this young couple's eyes. Perhaps the authenticity of their story resonated deeply, making this ordinary couple's experience a representation of countless families unfortunate enough to buy unfinished apartments.

quote:

Op zondag 2 juli 2023 10:35 schreef Jemoederniet het volgende:

[..]
Wilde deze ook net posten. Echt sneu voor het jonge stelletje dat moet kromliggen om de maandelijkse hypotheek te betalen (bijna alleen rente) terwijl de bouw van hun appartement stil ligt.
Als het hoogste punt van het gebouw bereikt is komt er geld vrij voor de aannemer en vervalt de prikkel om het verder af te bouwen.

quote:

Op zondag 2 juli 2023 22:36 schreef slashdotter3 het volgende:
Alsof China niet genoeg problemen heeft komt er ook nog eens een tax crisis aan

China Catastrophic Tax Crisis - It will Bankrupt CCP

quote:

Op maandag 3 juli 2023 22:53 schreef slashdotter3 het volgende:
210,000 EVs zitten buiten in een veld weg te roesten.

Is China's EV Market Doomed? 1.06M Units in Stock! Foxconn Charges Into EVs, Buffett Unpluges BYD

Since last year, this figure has surged a staggering 1.06 million units. This, alone, is a wakeup call to the industry.
Let's delve deeper and examine the case of the industry titan, BYD. In the grand panorama of 2022, they produced close to 1.8 million vehicles. However, the number of insured vehicles falls short at 1.58 million, quietly spelling out the fate of over 210,000 vehicles — accumulating dust in warehouses.

If that doesn't raise eyebrows, consider this: in the first quarter of this year, BYD has reported an insured volume of 441,000 units. However, their production report from January to March shows nearly 548,000 units. This suggests an additional accumulation of more than 100,000 vehicles into the already bulging inventory.

quote:

Op dinsdag 4 juli 2023 21:17 schreef slashdotter3 het volgende:
De (lokale) overheid plundert de pensioenfondsen, mensen krijgen een waardeloze IOU ervoor terug, burgers waarschuwen elkaar om niets in hun pensioenpotje te stoppen.

quote:

Op dinsdag 4 juli 2023 23:20 schreef slashdotter3 het volgende:
Vreedzame protesten op straat door rekeninghouders die niet bij hun geld kunnen worden hard de kop ingedrukt door de politie.

Heb met die mensen te doen en het is zinloos hun protest. Het geld is weg. De centrale overheid kan niet helpen.

China zit voor 50 trillion usd in de schulden.
De centrale overheid zit diep in de schulden. De lokale overheid zit diep in de schulden. Iedereen (overheden) is van elkaar aan het stelen om schulden af te betalen. 'Robbing Peter to pay Paul'

Geld op de bank is niet meer veilig... en geld in pensioenpotjes

2.20 gast die ze geld kwijt is overweegt van de brug te springen om zelfmoord te plegen...
(ik zou hem het alternatief aanraden om naar het buitenland te gaan, de Darien Gap route naar de VS proberen en daar een leven op te bouwen, lijkt me beter dan van de brug springen)

Rural Bank Depositors in Henan Provinces Continue to Seek Justice Amid Suppression by Authorities

quote:

Op dinsdag 4 juli 2023 21:17 schreef slashdotter3 het volgende:
0.00 Om te laten zien dat ze er iets aan doen arresteren ze publiekelijk mensen maar dat zijn ook gewoon arme mensen die al diep in de schulden zitten. Iets met een kale kip plukken.

0.58 China's high debt cripples it economy.
Dit gaat nog veel erger worden...
in het jaar 2000 kreeg China van Bill Clinton de status preferred 3e wereldland partner ofzoiets en daarmee kregen ze voordelen zoals goedkoop geld lenen, goedkoop post versturen, etc...
Vanaf 2025 verliezen ze die status en dan wordt geld lenen veel duurder voor ze.

4.25 de overheid heeft een schuld van 49.9 trillion usd. Dat is 3x wat het 10 jaar geleden was. Ze hebben veel geld geleend voor onder andere infrastructuur projecten zoals treinsporen en autowegen en natuurlijk ook gebouwen en huizen.

6.00 mensen zijn gestopt met geld uitgeven, ze betalen enkel nog hun hypotheek af en sparen geld op de bank. Dit is funest natuurlijk voor de economie.

7.29 3 interviews met mensen die voor een miljoen usd in de schulden zitten

11.46 veel families zijn al hun spaargeld kwijtgeraakt aan ziektekosten

13.15 mannen van middelbare leeftijd zijn hard aan het werk op hun laptop in de lokale Starbucks. Maar in werkelijkheid zijn het werklozen die hard op zoek zijn naar werk en zich buiten de deur 'verstoppen' voor vrouw en kinderen

15.05 het wanbeleid van de ccp heeft ontzettend veel geld verspild

15.40 het volk heeft spaargeld van circa 16 trillion usd op de bank staan maar het is vrijwel zeker dat het gestolen gaat worden door de (lokale) overheid om hun schulden af te betalen (robbing Peter to pay Paul).

16.05 sinds de 2e helft van 2022 kunnen rekeninghouders bij bijna alle banken hun geld niet meer er vanaf halen.

20.15 Operation Thunderbolt is de naam van de politie operatie om mensen die hun schuld niet betalen te arresteren en publiekelijk door het slijk te halen.

21.35 de overheid verzint nu om aan geld te komen 1) onroerend goed belasting 2) pensioen leeftijd verhogen 3) vergoedingen voor gezondheidszorg te verlagen

22.10 mensen zijn gestopt met bij te dragen aan volksverzekeringen (social security)

?? De (lokale) overheid plundert de pensioenfondsen, mensen krijgen een waardeloze IOU ervoor terug, burgers waarschuwen elkaar om niets in hun pensioenpotje te stoppen.
==========

High as $50Trillion debt leaves Beijing with no way out/Starbucks: full of unemployed middle class

0:00: ? Chinese police and courts have launched a campaign to arrest individuals who owe money, as the government seeks to address the debt problem and support struggling enterprises.
4:15: ? Chinese companies and local governments have been borrowing heavily, leading to a long deleveraging phase that will weigh heavily on China's economic growth.
8:45: ? A person shares their struggles with financial debt and losing everything, while discussing the housing crisis and healthcare system in China.
11:53: ? The Chinese healthcare system prioritizes profit over patient care, leading to expensive medical fees and a focus on making money rather than treating patients.
15:38: ? Chinese local governments may be taking people's savings to pay off debts, leading to depositors being unable to withdraw their money from banks.
19:40: ? China's debt crisis and government's ineffective policies are causing public resistance and protests.
Recap by Tammy AI

quote:

Op vrijdag 30 juni 2023 15:07 schreef michaelmoore het volgende:

[..]
nou nou peperduur
dat valt mee

de meest kinderen in china blijven bij oma en opa achter op het platteland
terwijl moeder in een hokkie van 3m2 slaapt in de buurt van d fabriek

“Why Are We Shunning Marriage?" The new fad among young people worries and annoys the government

quote:

Op woensdag 5 juli 2023 09:37 schreef slashdotter3 het volgende:

[..]
6.23 hij heeft een mooie rant waarom het onbetaalbaar is, bijles, pianoles, dansles, zwemles, private school, Engelse les. Wanneer ze het toelatingsexamen voor de universiteit niet halen moet hij ze naar een uni in het buitenland sturen, bij terugkomst weer helpen met het kopen van een auto en een woning (tegenwoordig een vereiste anders hebben vrouwen geen interesse).

“Why Are We Shunning Marriage?" The new fad among young people worries and annoys the government

quote:

Op woensdag 5 juli 2023 09:37 schreef slashdotter3 het volgende:

[..]
6.23 hij heeft een mooie rant waarom het onbetaalbaar is, bijles, pianoles, dansles, zwemles, private school, Engelse les. Wanneer ze het toelatingsexamen voor de universiteit niet halen moet hij ze naar een uni in het buitenland sturen, bij terugkomst weer helpen met het kopen van een auto en een woning (tegenwoordig een vereiste anders hebben vrouwen geen interesse).

Zijn er geen goedkopere alternatieven? Nee, iedereen doet het. Als je er niet in meegaat hebben je kinderen bij voorbaat al verloren in deze samenleving.

“Why Are We Shunning Marriage?" The new fad among young people worries and annoys the government

What a shocking scene this is! Some people are selling themselves for a price in modern society! Well, no, this is a scene from a blind date in Shanghai.

Never has the Chinese government placed as much emphasis on marriage as it does today. Men and women who are willing to get married should be seen by the government as good and responsible citizens. For the government, what bothers them most is the trend that more and more Chinese are unwilling to have children, or even to get married.

quote:

Op woensdag 5 juli 2023 11:52 schreef slashdotter3 het volgende:
Politiestaat breidt verder uit
[ twitter ]

quote:

Op donderdag 6 juli 2023 10:07 schreef Multatilu het volgende:
Sorry, ik gooi er even een dooddoener in, maar als we alle negatieve berichten over China moeten geloven zou het land 5 jaar geleden al een straatarm 3e wereldland zijn. De werkelijkheid is toch iets weerbarstiger. Ik geloof best dat er flink wat mis gaat in dat enorme land. Maar reken maar dat die interne problematiek bekend is bij de partijtop en dat die ook wel tegenstuurt. Je moet gewoon voorzichtig zijn om niet in de Amerikaanse 'wensdenk propaganda' te trappen.

quote:

SHANGHAI/HONG KONG, July 5 (Reuters) - Chinese banking shares listed in Hong Kong tumbled on Wednesday after Goldman Sachs downgraded top lenders including Agricultural Bank of China (AgBank) in a report that deepened worries over a sector already suffering from a weak economy.

The Hang Seng Mainland Banks Index (.HSMBI) tumbled 3.6% to near four-month lows, in its worst day in eight months.

Goldman said in a report on Wednesday that it had downgraded Agbank from "Neutral" to "Sell", while cutting Industrial and Commercial Bank of China (ICBC) and Industrial Bank (601166.SS) from "Buy" to "Sell".

SPOILER: can sugar burn?

Yes, sugar can technically "burn" under certain conditions. Here are some ways sugar can burn:

Caramelization - When sugar is heated above around 320 Fahrenheit (160 Celsius), it undergoes a chemical reaction called caramelization where the sugar molecules break down and rearrange into compounds that give caramel its color and flavor. This is a type of "slow burning" reaction.

Browning - At higher temperatures above around 350 Fahrenheit (175 Celsius), the sugar molecules break down even further in a process called browning. This produces even darker caramel colors and aromas as the sugar burns.

Combustion - If sugar is heated to very high temperatures, above its ignition point of around 450 Fahrenheit (232 Celsius), it can fully combust and burn like any other fuel. This produces flames, smoke and ash. However, it requires an external ignition source.

Friction - Sugar can actually self-ignite and burst into flames if ground or crushed into a fine powder and subjected to friction. Reducing sugar to a fine powder greatly increases its surface area, which allows heat to build up quickly when rubbed.

So in cooking, caramelization and browning are desirable ways to slowly "burn" sugar and develop flavor. But at high enough temperatures, sugar can fully ignite and combust, creating fire hazards. Friction can also cause sugar to self-ignite in industrial settings.

The takeaway is that yes, sugar is combustible under certain conditions involving high heat, high surface area or friction. But in normal use and cooking, using sugar at moderate temperatures below around 350 Fahrenheit (175 Celsius) is safe.

quote:

Op donderdag 6 juli 2023 12:21 schreef Terrorizer het volgende:
Ondertussen roeren we lekker verder in de stront.

https://www.ad.nl/politie(...)e1a/#comments-anchor

quote:

Op donderdag 6 juli 2023 12:25 schreef Glazenmaker het volgende:

[..]
Mooi. Ik gun het de 23 miljoen inwoners van Taiwan om in een vrij en democratisch land te blijven wonen en niet in een dystopische helstaat met gigantische corruptie waar dagelijks mensen aan doodgaan en concentratiekampen voor de ongewensten.

quote:

Op donderdag 6 juli 2023 12:27 schreef Terrorizer het volgende:

[..]
Klopt, daar wonen ze al in.
Hebben ze ons niet voor nodig.

quote:

Op donderdag 6 juli 2023 12:21 schreef Terrorizer het volgende:
Ondertussen roeren we lekker verder in de stront.

https://www.ad.nl/politie(...)e1a/#comments-anchor

quote:

Op zaterdag 8 juli 2023 00:00 schreef slashdotter3 het volgende:
Fuck je mais en bananen, je mag alleen rietsuiker verbouwen
[ twitter ]

quote:

Op zaterdag 8 juli 2023 00:02 schreef koffiekoekjes het volgende:

[..]
Waarom willen ze alleen rietsuiker? Van mais kan je ook suiker maken

quote:

Bevolking Italië blijft krimpen en ouder worden
10 min geleden
in BUITENLAND

ROME - Italië blijft worstelen met de krimp en vergrijzing van de bevolking.
Het geboortecijfer van het grote Zuid-Europese land was vorig jaar het laagste in de recente geschiedenis, meldt het Italiaanse statistiekbureau Istat in een jaarrapport.
Ook in 2023 wordt geen verbetering verwacht.

Het aantal geboortes daalt in Italië al veertien jaar op rij.
De teller stond vorig jaar op ongeveer 393.000.
De Italiaanse bevolking kromp de afgelopen drie jaar met bijna een miljoen personen en wordt gemiddeld ook steeds ouder.
Dat betekent volgens Istat dat het land afstevent op een „demografische winter.”

Die ontwikkelingen hebben ook economisch gevolgen voor Italië. Dat telt momenteel nog zo’n 59 miljoen inwoners en heeft een van de grootste economieën in de eurozone. Het bruto binnenlands product (bbp) per inwoner lag er vorig jaar lager dan in 2008. Istat adviseert in het rapport om flink te investeren in de toekomst van jongeren.

quote:

Op zaterdag 8 juli 2023 14:24 schreef michaelmoore het volgende:
Europa krimpt ook als een dolle, zelfs de asiel instroom is onvoldoende om de demograpische collapse te keren

https://www.telegraaf.nl/(...)mpen-en-ouder-worden
De Italiaanse bevolking kromp de afgelopen drie jaar met bijna een miljoen personen en wordt gemiddeld ook steeds ouder.
Dat betekent volgens Istat dat het land afstevent op een „demografische winter.”

Ask Peter: Why Scottish Independence Will NEVER Happen!

quote:

Op zondag 9 juli 2023 00:26 schreef slashdotter3 het volgende:
Big Brother is watching
[ twitter ]

quote:

Op zondag 9 juli 2023 00:30 schreef slashdotter3 het volgende:
Koelkast gaat alleen open als jouw social credit hoger is dan 350
[ twitter ]