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I'm more into Black Labial
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# ? Dec 29, 2014 15:01 |
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# ? May 16, 2024 18:56 |
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I would drink from both your labials, to be honest. This isn't a thing that only happens in China, either. Nigeria, especially, has the same thing going on, though they mostly stick with sportswear brands. The football cleats they have on sale are all 'Noike" or "Qddidqs" just like they pointed out "Addidos" in the story. I was surprised to read that there are Chinese companies trying to ape Japanese brands though; I wouldn't think that the Chinese would want a brand that sounds Japanese because of the last 100 years of history.
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# ? Dec 29, 2014 15:33 |
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Slaan posted:I would drink from both your labials, to be honest. Sure they hate the Japanese, but they recognize world-renowned brands at the same time.
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# ? Dec 29, 2014 20:57 |
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Vesi posted:I'm more into Black Labial To be fair, Johnny Worker is a good name for a Communist whisky
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# ? Dec 29, 2014 21:21 |
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I just noticed that it was distilled, blended and olded in Scotland. It's the olding that makes a whiskey really great.
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# ? Dec 29, 2014 23:10 |
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So there's lots of hemming and hawing about China having the largest economy when adjusted for PPP. But when I look at nominal GDP and GDP per capita China is still way behind. How meaningful is the PPP adjustment?
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# ? Dec 29, 2014 23:40 |
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Fojar38 posted:So there's lots of hemming and hawing about China having the largest economy when adjusted for PPP. But when I look at nominal GDP and GDP per capita China is still way behind. How meaningful is the PPP adjustment? It's not very meaningful. PPP is most designed for comparing what an actual person can buy out of normal goods among countries, it kinda stops being sensical for whole countries except for meaningless dickwaving.
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# ? Dec 29, 2014 23:52 |
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Nintendo Kid posted:It's not very meaningful. PPP is most designed for comparing what an actual person can buy out of normal goods among countries, it kinda stops being sensical for whole countries except for meaningless dickwaving. It's especially meaningless for countries with huge gini coefficients because increase in GDP does not necessarily mean any meaningful increase in purchasing power for the majority of people.
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# ? Dec 30, 2014 00:59 |
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http://m.economictimes.com/news/international/business/china-december-manufacturing-index-at-49-6-hsbc/articleshow/45698279.cmsquote:SHANGHAI: Activity in China's factory sector shrank for the first time in seven months in December, a private survey showed on Wednesday, highlighting the urgency behind a series of surprise easing moves by Beijing in the past two months.
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# ? Dec 31, 2014 04:23 |
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Daduzi posted:It's especially meaningless for countries with huge gini coefficients because increase in GDP does not necessarily mean any meaningful increase in purchasing power for the majority of people. Also, there is the unique problem in China of establishing an accurate "basket of goods" which complicates PPP further, and then the whole issue of Chinese statistics themselves. Basically, PPP though is a poor way of measuring raw economic-political power (which is far more zero sum) and a better way at understanding GDP per capita however even in that case for China especially, it is rather murky. Basically, it is a non-issue beyond trivia sake. I think the recent currency swaps China has been doing to Venezuela, Russia and Argentina is more interesting and indicative of them building their own alliance system of large and middle powers.
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# ? Dec 31, 2014 04:30 |
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http://www.bloomberg.com/news/2014-12-31/yuan-posts-first-annual-drop-since-2009-as-china-growth-slows.htmlquote:China’s yuan posted its first annual decline in five years as a slowing economy prompted policy makers to cut interest rates at a time when the U.S. is preparing to raise borrowing costs amid quickening growth. Here it comes.
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# ? Dec 31, 2014 18:24 |
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The Chinese economy certainly isn't looking good but the yuan's slipping valuation against the dollar is hardly a sign of doom. China is an exporter struggling to maintain competitiveness while the US is outperforming the rest of the developed world. A weaker yuan isn't bad for China and a stronger dollar isn't bad for China.
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# ? Jan 1, 2015 02:01 |
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http://on.ft.com/1IDEggJquote:
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# ? Jan 12, 2015 07:49 |
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Maybe they aren't crashing as much?
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# ? Jan 12, 2015 10:40 |
On the other hand, the crashing oil price should be pretty good for China. When oil is pushing way over $100 the margins on low-value, high-volume goods like get lovely fast.
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# ? Jan 12, 2015 10:42 |
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http://www.ft.com/intl/cms/s/0/4278bdf4-9f80-11e4-ba25-00144feab7de.html?siteedition=intl#axzz3PF0SSHx1quote:Shares of China’s biggest securities brokerages tumbled on Monday, dragging the broader market down more than 6 per cent, after the regulator acted to curb margin lending, which has helped fuel a frenzied rise in mainland shares in recent months.
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# ? Jan 19, 2015 06:11 |
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it's 1929 in China.
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# ? Jan 19, 2015 11:23 |
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To add perspective, everyone knew the Shanghai market was insanely overheated. The day it opened (I forget what exactly triggered the runaway) it was up up up and nobody believed it was based on fundamentals. That a regulator stepped in and banned margin trades is probably a good thing. Sure it's a bloodbath but everyone knew it was coming and it would have been worse in the future had nobody come in and stopped the party. This is the important part too: Even after its plunge on Monday, Citic’s mainland shares have still more than doubled since November, while Haitong’s are up over 90 per cent. It's been a crazy market.
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# ? Jan 19, 2015 14:55 |
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Jumpingmanjim posted:it's 1929 in China. China Economy Megathread, 2025: "...any day now!"
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# ? Jan 21, 2015 04:28 |
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Sauzer posted:China Economy Megathread, 2025: I'm not sure there will be a 1929-esque hard landing but the Chinese economic miracle is definitely over and there are tough times ahead.
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# ? Jan 21, 2015 05:25 |
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http://www.bloomberg.com/news/2015-01-21/china-s-stocks-rise-as-spring-airlines-jumps-in-trading-debut.html You can read the article yourself because I guess Blumberg is blocked now and I broke my dang VPN being a idiot. Anyway the point is that stocks have recovered 95% from last week's rouwt. Arglebargle III fucked around with this message at 16:52 on Jan 21, 2015 |
# ? Jan 21, 2015 13:06 |
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What's more volatile, chinese shares or bitcoin?
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# ? Jan 21, 2015 13:18 |
Jumpingmanjim posted:What's more volatile, chinese shares or bitcoin? The only thing I'm sure of is that neither of them is a currency.
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# ? Jan 21, 2015 13:50 |
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I can't handle the market changes anymore. I'm cashing out.
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# ? Jan 23, 2015 09:16 |
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http://www.ft.com/intl/cms/s/0/9bba...l#axzz3RGvKNEJyquote:February 9, 2015 8:21 am Also, I read another article this morning that states the US, Canada and Australia don't have extradition treaties with China?
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# ? Feb 9, 2015 19:02 |
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Cultural Imperial posted:http://www.ft.com/intl/cms/s/0/9bba...l#axzz3RGvKNEJy Looks like its possible that may change, in Australia at least: http://www.theaustralian.com.au/business/latest/australia-considers-extradition-treaty-with-china/story-e6frg90f-1227118652294 The main issue seems to be Australia is not meant to extradite anyone anywhere where they face the risk of the death plenty.
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# ? Feb 9, 2015 21:31 |
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http://finance.yahoo.com/news/goldman-partner-called-japans-demise-220000765.htmlquote:China Will End Up Like Japan, Says Observer Who Called It in 1990
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# ? Mar 4, 2015 06:44 |
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http://www.ft.com/intl/cms/s/0/1bc73e72-c2d7-11e4-ad89-00144feab7de.htmlquote:China lowers GDP growth target to ‘around 7%’ welp
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# ? Mar 7, 2015 18:17 |
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quote:Among the risks: bad loans, overpriced stocks and a frothy property market are flashing danger for China’s economy and putting pressure on a fragile financial system -- similar to conditions that triggered Japan’s fal
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# ? Mar 7, 2015 19:26 |
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So lots of ink has been spilled about China's attempts to "rebalance" its economy away from production and towards consumption. I'm a little bit confused as to how that's supposed to work though, because doesn't becoming a consumption-based economy necessitate also being a high income economy? China is still 82nd in the world for GDP per capita and the average Chinese income is still below $5000. How exactly are people envisioning a consumption based economy will work?
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# ? Apr 1, 2015 01:14 |
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Fojar38 posted:So lots of ink has been spilled about China's attempts to "rebalance" its economy away from production and towards consumption. I'm a little bit confused as to how that's supposed to work though, because doesn't becoming a consumption-based economy necessitate also being a high income economy? China is still 82nd in the world for GDP per capita and the average Chinese income is still below $5000. How exactly are people envisioning a consumption based economy will work? I don't believe this theory personally. Consumption economic is what alot of economists want China do. I don't believe Beijing either believe in it or is doing it. I think China is still doing "investment economy". Beijing is just shifting from domestic infrastructure investment to foreign infrastructure investment. I think BJ is betting on places like India infrastructure market, high speed rail in resource rich African countries, canal projects in Nicaragua and Thailand etc etc to carry the growth in the next 10-20 years. edit: also building loving islands in South China Sea. That's basically another form of huge resource invest, for projects that doesn't count in the military budget but clearly can be used for military purpose. The only sector I see China is going full body consumption economy is the imported movie market. whatever7 fucked around with this message at 02:21 on Apr 1, 2015 |
# ? Apr 1, 2015 02:18 |
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What of those countries don't want the Chinese to come and build a bunch of infrastructure that nobody will use? I doubt India would be keen on the prospect of the Chinese building most of their stuff for example. In fact China has cheesed off most of its neighbours in Southeast Asia as well. That leaves Africa but Africa remains a very unstable place to invest.
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# ? Apr 1, 2015 02:43 |
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The GDP per capita of China may be low, but there is still a middle class with significant disposal income in the major cities. Just 1% of the Chinese population needs to have something resembling a middle class income and you have over ten million Chinese people to support a consumer economy after all. Isn't China already some of the largest consumer of all sorts of consumer goods in the world?
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# ? Apr 1, 2015 02:52 |
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Fojar38 posted:What of those countries don't want the Chinese to come and build a bunch of infrastructure that nobody will use? I doubt India would be keen on the prospect of the Chinese building most of their stuff for example. In fact China has cheesed off most of its neighbours in Southeast Asia as well. That leaves Africa but Africa remains a very unstable place to invest. I don't understand how building infrastructure in India is supposed to help China's economy? Is it just that China's government literally doesn't know how to do anything other than public works projects? So now that China itself is saturated with infrastructure, they're forced to go build infrastructure elsewhere, because doing the things that will actually fix their country is beyond their competence? pedro0930 posted:The GDP per capita of China may be low, but there is still a middle class with significant disposal income in the major cities. Just 1% of the Chinese population needs to have something resembling a middle class income and you have over ten million Chinese people to support a consumer economy after all. Isn't China already some of the largest consumer of all sorts of consumer goods in the world? That's good if you're a foreign company exporting things to China, but the relative size is important for the structural health of China's economy.
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# ? Apr 1, 2015 03:40 |
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icantfindaname posted:That's good if you're a foreign company exporting things to China, but the relative size is important for the structural health of China's economy. This is true. If China's middle class only makes up a small segment of its population then a consumption based economy will be impossible, and based on the numbers China's middle class is small and not growing fast enough.
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# ? Apr 1, 2015 03:43 |
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Fojar38 posted:What of those countries don't want the Chinese to come and build a bunch of infrastructure that nobody will use? I doubt India would be keen on the prospect of the Chinese building most of their stuff for example. In fact China has cheesed off most of its neighbours in Southeast Asia as well. That leaves Africa but Africa remains a very unstable place to invest. You're seeing this in parts of Africa---China came in, built infrastructure in exchange for mining and land concessions, elimination of trade unions, death of the African garment and refining industries. Now you have hospitals and schools with no doctors, no teachers, no electricity, and populations quite displeased with officials who work eith Chinese rather participate in American and French development projects. Who wants to drink cans of melamine milk, or what is commonly disdained as the worst rice in the world by locals, when one can have Nestle formula and purchase California Red on the open market?
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# ? Apr 1, 2015 04:44 |
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My Imaginary GF posted:You're seeing this in parts of Africa---China came in, built infrastructure in exchange for mining and land concessions, elimination of trade unions, death of the African garment and refining industries. Now you have hospitals and schools with no doctors, no teachers, no electricity, and populations quite displeased with officials who work eith Chinese rather participate in American and French development projects. Not only that but aren't there multiple cases of China investing in African dictatorships only to have said countries take the investment and then tell China to piss off? Because what's China going to do, invade? Sanction them? Shut them out of trade organizations?
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# ? Apr 1, 2015 04:47 |
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Fojar38 posted:What of those countries don't want the Chinese to come and build a bunch of infrastructure that nobody will use? I doubt India would be keen on the prospect of the Chinese building most of their stuff for example. In fact China has cheesed off most of its neighbours in Southeast Asia as well. That leaves Africa but Africa remains a very unstable place to invest. First of all, the whole India is badly in need of infrastructure upgrade. Getting the Indians to hire Chinese companies is the hard part. As far as how well will this work out for Beijing, I don't know. I don't have stat on what percentage of GDP these foreign investments are taking up. I guess if it doesn't work out Beijing can just sell cheap weapons to Shia and Sunni countries. This world is going to hell in a hand basket.
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# ? Apr 1, 2015 05:33 |
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Fojar38 posted:Not only that but aren't there multiple cases of China investing in African dictatorships only to have said countries take the investment and then tell China to piss off? Because what's China going to do, invade? Sanction them? Shut them out of trade organizations? Well, something like that. Usually, the projects are substandard when delivered. From the healthcare projects I've worked on in Zim, it goes like this: Local official promises a new hospital in exchange for using Chinese suppliers on a traditional trade union job, project is built with lots of kickbacks by all Chinese management with horrid labor practices. One to two years later, the rural clinic is only used as a stable or squater's hut---while it was built as a clinic, no doctors were trained; no medical procurement was arranged; no electricity nor water was attached to the project site; when Chinese doctors were operating at the project site, the only reports to come out would be local horror stories at the hygine, quality of care, and language divide. When you have rural Zimbabweans complaining about the quality and hygine of care provision, you know its...well, not somewhere you'd ever go, no matter what happens. So the locals get pissed for not having any jobs, for not getting what they were promised, and blame the Chinese. The local managers attempt to renege on the project; the Chinese lobby Grace; Grace sends in a loyalist general with ZPF paramilitary; China ships out machettes; an ethnic cleansing and low-level insurgency is born. So what's China gonna do? Ethnically cleanse those who go against party interests. Say what you will about America and France, the worst we'll usually do is inaction and plausably deniable assistance. We don't ethnically cleanse locals when we gently caress up a development project. whatever7 posted:First of all, the whole India is badly in need of infrastructure upgrade. Getting the Indians to hire Chinese companies is the hard part. The "foreign investments" don't take up GDP---they engage in colonial practices reminiscent of the 1920s more than anything. In Zim, you had the destruction of the garment sector and plat refining in exchange for China as the lender of last resort, after China forced Mugabe to seize white land or face a Chinese-funded insurgency. China is like the empire in star wars: The terms of the deal have changed, pray they do not change further. My Imaginary GF fucked around with this message at 05:48 on Apr 1, 2015 |
# ? Apr 1, 2015 05:45 |
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# ? May 16, 2024 18:56 |
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I don think those huge infrastructure projects are intended to turn a profit. They're intended to keep people employed.
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# ? Apr 1, 2015 05:53 |