[Asia/Oceania] Another pro-China propaganda outlet revealed to be a huge scam:

The Something Awful Forums > Discussion > C-SPAM > [Asia/Oceania] Another pro-China propaganda outlet revealed to be a huge scam:

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(Thread IKs: fart simpson)

THS: Sep 15, 2017

id love to learn mandarin however i dont have the time for it. but if analysis of china were my paying loving job then i cant imagine why i wouldnt put considerable effort into it

# ? Dec 11, 2020 22:47

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# ? Jun 12, 2024 23:37

Centrist Committee: Aug 6, 2019

I wanna learn mandarin too but I�m an american and programmed not to learn things

# ? Dec 12, 2020 03:01

BaldDwarfOnPCP: Jun 26, 2019; by Pragmatica

Centrist Committee posted:

I wanna learn mandarin too but I�m an american and programmed not to learn things

I'm bad at american english in some ways but if you have an opportunity to learn it in an immersion class with a native speaker and can understand https://en.wikipedia.org/wiki/Tone_(linguistics)

it helps a lot.

I have trouble rolling my 'r's' for Spanish so what do I know though

# ? Dec 12, 2020 03:09

indigi: Jul 20, 2004; ^{how can we not talk about family

when family's all that we got?}

BaldDwarfOnPCP posted:

I have trouble rolling my 'r's' for Spanish so what do I know though

same I can�t believe these dickheads are forcing me to sound like an idiot

# ? Dec 12, 2020 03:26

Hedenius: Aug 23, 2007

stephenthinkpad posted:

One of the most ridiculous thing Chinese netizens think American do, according to Hollywood, is Americans casually jump on their beds with their shoes on. I don't know if this is an urban myth or Hollywood shows used to do that.

I am sure when foreigners actually go to the US, they will be shocked by the amount of super obese people on public transportation, but Hollywood don't really show them on movies and shows.

My wife works for a big Chinese company and when one of her colleagues were going to some conference in the US he asked her were you could buy a good bulletproof west. It took several days to convince him that you didn�t need one to meet a bunch of science dorks in a convention center.

# ? Dec 12, 2020 03:29

Benagain: Oct 10, 2007; Can you see that I am serious?; Fun Shoe

When I studied abroad in China my Chinese classmates were under the impression that at the age of 18 our parents kicked us out of the house and we never spoke to them again.

Edit: also a couple of them thought weed killed you. except for the one I smoked weed with, who'd named himself after Eric Clapton.

# ? Dec 12, 2020 03:57

Some Guy TT: Aug 30, 2011

if i was indirectly learning about the united states from american asia experts turning everything into a weird neo confucianism rant id probably make that assumption too

# ? Dec 12, 2020 04:00

indigi: Jul 20, 2004; ^{how can we not talk about family

when family's all that we got?}

Hedenius posted:

My wife works for a big Chinese company and when one of her colleagues were going to some conference in the US he asked her were you could buy a good bulletproof west. It took several days to convince him that you didn�t need one to meet a bunch of science dorks in a convention center.

couldn�t hurt though

# ? Dec 12, 2020 04:03

Grapplejack: Nov 27, 2007

Some Guy TT posted:

if i was indirectly learning about the united states from american asia experts turning everything into a weird neo confucianism rant id probably make that assumption too

perhaps we are more alike than we think...

# ? Dec 12, 2020 04:09

taqueso: Mar 8, 2004

I'd want a bullet proof vest if i was visiting the USA and I live here.

# ? Dec 12, 2020 04:10

sincx: Jul 13, 2012; furiously masturbating to anime titties

sincx has issued a correction as of 05:32 on Mar 23, 2021

# ? Dec 12, 2020 04:13

stephenthinkpad: Jan 2, 2020

So they still want to do this trade war thing except this time its more like a "Quad" but with trade war only.

Never mind the Quad military initiative is all talk and no action; and Biden already said US won't sign any trade deal before they sort out the domestic problem.

# ? Dec 12, 2020 04:35

Sheng-Ji Yang: Mar 5, 2014

e: wrong thread

# ? Dec 12, 2020 05:52

fart simpson: Jul 2, 2005; DEATH TO AMERICA

Hedenius posted:

My wife works for a big Chinese company and when one of her colleagues were going to some conference in the US he asked her were you could buy a good bulletproof west. It took several days to convince him that you didn�t need one to meet a bunch of science dorks in a convention center.

my wife is chinese and when we visit america she stresses out hard over the possibility of us being random victims of a mass shooting. and well, i can�t really promise it won�t happen

# ? Dec 12, 2020 10:15

stephenthinkpad: Jan 2, 2020

I was going to make a joke that thanks to Corona, mass shooting will be down in 2020.

Much to my surprise, 2020 already has 42% more mass shootings than the historic height of last year.

https://www.gunviolencearchive.org

# ? Dec 12, 2020 14:10

VideoTapir: Oct 18, 2005; He'll tire eventually.

stephenthinkpad posted:

I was going to make a joke that thanks to Corona, mass shooting will be down in 2020.

Much to my surprise, 2020 already has 42% more mass shootings than the historic height of last year.

https://www.gunviolencearchive.org

quote:

Officer Involved Incident1 Killed 57
Officer Killed or Injured Injured 330

Officer Involved Incident1 Killed 1,221
Subject-Suspect Killed or Injured Injured 893

Huh.

One, that suspect death total sounds low. Two, the ratios.

# ? Dec 12, 2020 14:32

Anime Schoolgirl: Nov 28, 2002

crosspost from covid thread

https://twitter.com/qiaocollective/status/1337840015527862275

# ? Dec 13, 2020 04:49

sincx: Jul 13, 2012; furiously masturbating to anime titties

sincx has issued a correction as of 05:32 on Mar 23, 2021

# ? Dec 13, 2020 06:03

gradenko_2000: Oct 5, 2010; HELL SERPENT; Lipstick Apathy

https://mobile.twitter.com/yashalevine/status/1337983070264197120

# ? Dec 13, 2020 06:08

Some Guy TT: Aug 30, 2011

https://mobile.twitter.com/cate_long/status/1337695690420613120

# ? Dec 13, 2020 07:04

indigi: Jul 20, 2004; ^{how can we not talk about family

when family's all that we got?}

why did it collapse

# ? Dec 13, 2020 07:09

Anime Schoolgirl: Nov 28, 2002

indigi posted:

why did it collapse

it "collapsed" to these fuckos because they didn't get their money back (despite winning favors and resource concessions that made more than the amount they loaned)

# ? Dec 13, 2020 07:28

Ardennes: May 12, 2002

According to the story, the fact they are renegotiating 28 bn worth of debt (which is pocket change in international terms) and 2 Chinese state banks may be lending less, and that means the BRI collapsed.

quote:

The data that describes China�s predicament comes from researchers at Boston University who maintain an independent database on China�s overseas development finance. They found that lending by the China Development Bank and the Export-Import Bank of China collapsed from a peak of $75bn in 2016 to just $4bn last year.

I wonder how much of this real or just an issue of information access/the ball being hidden, as it doesn't quite make sense that China would simply pull the plug on the BRI just as competition with the US is heating up compare to about a dozen other things that could explain it.

Ardennes has issued a correction as of 07:49 on Dec 13, 2020

# ? Dec 13, 2020 07:32

gradenko_2000: Oct 5, 2010; HELL SERPENT; Lipstick Apathy

indigi posted:

why did it collapse

from the article:

quote:

The data that describes China�s predicament comes from researchers at Boston University who maintain an independent database on China�s overseas development finance. They found that lending by the China Development Bank and the Export-Import Bank of China collapsed from a peak of $75bn in 2016 to just $4bn last year.

...

Between 2008 and 2019, the two Chinese banks lent $462bn, just short of the $467bn extended by the World Bank, according to the Boston University data. In some years, lending by the Chinese policy banks was almost equivalent to that by all six of the world�s multilateral financial institutions � which along with the World Bank include the Asian Development Bank, the Inter-American Development Bank, the European Investment Bank, the European Bank for Reconstruction and Development and the African Development Bank � put together.

In global development finance, such a sharp scaling back of lending by the Chinese banks amounts to an earthquake. If it persists, it will exacerbate an infrastructure funding gap that in Asia alone already amounts to $907bn a year, according to Asian Development Bank estimates. In Africa and Latin America � where Chinese credit has also formed a big part of infrastructure financing � the gap between what is required and what is available is also expected to yawn wider.

China�s retreat from overseas development finance derives from structural policy shifts, according to Chinese analysts. �China is consolidating, absorbing and digesting the investments made in the past,� says Wang Huiyao, an adviser to China�s state council and president of the Center for China and Globalisation, a think-tank.

Chen Zhiwu, a professor of finance at Hong Kong university, says the retrenchment in Chinese banks� overseas lending is part of a bigger picture of China cutting back on outbound investments and focusing more resources domestically. It is also a response to tensions between the US and China during the presidency of Donald Trump, when Washington used criticisms of the Belt and Road as a justification to contain China, Prof Chen adds.

�In domestic Chinese media, the frequency of the [Belt and Road] topic occurring has come down a lot in the last few years, partly to downplay China�s overseas expansion ambitions,� says Prof Chen, who is also director of the Asia Global Institute think-tank. �I expect this retrenchment to continue.�

Yu Jie, senior research fellow on China at Chatham House, a UK think-tank, says Beijing�s recently-adopted �dual circulation� policy represents a step change for China�s relationship with the outside world. The policy, which was first mentioned at a meeting of the politburo in May, places greater emphasis on China�s domestic market � or internal circulation � and less on commerce with the outside world.

�Volatile Sino-US relations and more restrictive access to overseas markets for Chinese companies have prompted a fundamental rethink of growth drivers by Beijing�s top economic planners,� says Ms Yu. �Naturally, if state-owned enterprises decide to switch back to the domestic market in order to follow the leadership�s wishes, the budgeted financial resource for overseas investments will reduce accordingly.�

All this is leading to a fundamental rethink by China towards both the Belt and Road and its overseas lending profile, analysts believe. Mr Wang says that one strand of a new approach would be to pursue more lending through multilateral bodies such as the Asian Infrastructure Investment Bank. In addition, Chinese financial institutions may co-operate more with international lending agencies, he adds.

Such a change would amount to a fundamental reorientation. The Beijing-based AIIB and another multilateral bank in which China is a stakeholder, the New Development Bank, are very different organisations from the two Chinese policy banks. They have lent out a fraction of the policy banks� annual average and are not directed by Beijing�s policies but by a board of directors who represent the interests of stakeholder countries.

Overall, though, China�s rethink betrays a tacit recognition that its overseas lending bonanza has been ill-conceived. Photographs from the 2017 Belt and Road Forum for International Co-operation � the venue at which Mr Xi declared his �project of the century� ambition � hint at what would become the programme�s fatal flaw.

Alongside Mr Xi in successive portraits were the authoritarian leaders of countries with big debts and �junk� credit ratings, such as Alexander Lukashenko of Belarus, Hun Sen of Cambodia, Aleksandar Vucic of Serbia, Uhuru Kenyatta of Kenya and several others.

Debt sustainability � or the ability of debtor countries to repay their loans � had to be part of any reassessment of the Belt and Road Initiative, says Kevin Gallagher, director of the Boston University Global Development Policy Center, which compiled the data on Chinese overseas lending

�This has to be the time for a rethink,� he says. �It�s been such a priority for Xi Jinping, he�s invested so much in it that he�s not going to just turn the lights off. But they need to seriously implement their own debt sustainability analysis and their own social and environmental impact tools.�

The propensity for China�s credit-fuelled engagement of diplomatic allies to come unstuck is most spectacularly portrayed by Venezuela. Between 2007 and 2013, the China Development Bank lent Venezuela nearly $40bn, cementing a relationship that Hugo Ch�vez, the former president of Venezuela, characterised as �a Great Wall� against US hegemonism.

Much of the lending to Venezuela was tied to oil resources, but even before Mr Ch�vez died in 2013 it was clear that things were going awry. Yet Beijing was in so deep that it felt compelled to keep supporting Nicol�s Maduro, successor to Mr Chavez, even after evidence of his ineffectual economic management became clear.

It lent another $20bn between 2013 and 2017 and is now picking through the country�s pile of $150bn in defaulted debt, pushing its claims against rival creditors. The whole episode carries crucial lessons for Beijing, says Matt Ferchen at Merics, a Berlin-based think-tank.

�Chinese foreign policy and policy bank officials entered into their outsized economic and political relationship with [Venezuela] with a combination of hubris, ambition and na�vet�,� Mr Ferchen wrote. �[This] has contributed to the region�s worst economic, humanitarian, and political crisis in decades.�

Debt renegotiations have proliferated as the pandemic has clobbered emerging economies in Africa and elsewhere. A report by Rhodium Group, a consultancy, says at least 18 processes of debt renegotiation with China have taken place in 2020 and 12 countries were still in talks with Beijing as of the end of September, covering $28bn in Chinese loans.

So far, Beijing appears keen to pursue a soft touch, deferring interest payments and rescheduling loans. But the experience is reinforcing a growing sense of wariness that now infuses Mr Xi�s big project.

China is finding out, says Mr Hillman, that �risk runs both ways along the Belt and Road and the damage can return to Beijing�.

I don't know if I buy it, and that last section does suggest that the amounts in renegotiation are a drop in the bucket to how much they've actually loaned.

# ? Dec 13, 2020 07:56

stephenthinkpad: Jan 2, 2020

Since Australia iron ore price has doubled, China probably want to find more iron ore sources (from africa) before greenlighting morebBRI projects.

# ? Dec 13, 2020 11:24

Some Guy TT: Aug 30, 2011

genericnick posted:

Remember China's Kimchi crimes?

my extremely belated response to chinas kimchi crimes is that kimchi in korean has basically the exact same meaning as it does in chinese in that its a super generic word that can be used to refer to lots of different kinds of fermented vegetables

ninety nine percent of the time if someone says kimchi theyre just referring to the red stuff but you can totally go to kimchi specialists and get weird as hell kimchi that doesnt look anything like regular kimchi and some of it might be ripping off fermented vegetables from other places who the hell knows its not something that comes up often enough for anyone to care

# ? Dec 13, 2020 11:51

Red and Black: Sep 5, 2011

sincx posted:

For some reason Qiao blocked my Twitter account, which has never tweeted or liked or replied. I think Qiao is a Russian psyop.

You can be blocked just based on who you follow

# ? Dec 13, 2020 14:37

BrutalistMcDonalds: Oct 4, 2012; Lipstick Apathy

now that's a headline

https://twitter.com/bpolitics/status/1336823004249157637

# ? Dec 13, 2020 16:10

Purple Prince: Aug 20, 2011

you love to see it:

quote:

�What I fear the most these days is that �tall trees catch the most wind,�� said Tu, citing a Chinese idiom that cautions against drawing too much attention to oneself. �Having some wealth, but not being super rich, is the safest.�

please bring some of this fear to the wretched anglos

# ? Dec 13, 2020 16:37

Fame Douglas: Nov 20, 2013; by Fluffdaddy

stephenthinkpad posted:

One of the most ridiculous thing Chinese netizens think American do, according to Hollywood, is Americans casually jump on their beds with their shoes on. I don't know if this is an urban myth or Hollywood shows used to do that.

That still happens pretty frequently even in current shows.

# ? Dec 13, 2020 17:22

Grapplejack: Nov 27, 2007

stephenthinkpad posted:

Since Australia iron ore price has doubled, China probably want to find more iron ore sources (from africa) before greenlighting morebBRI projects.

I can see them using the VZ negotiations to scoop up operating rights for some of the offshore rigs

# ? Dec 13, 2020 17:35

Top City Homo: Oct 15, 2014; Ramrod XTreme

Fame Douglas posted:

That still happens pretty frequently even in current shows.

movie stars probably don't want their audience to develop a disgusting foot fetish

# ? Dec 13, 2020 20:30

human garbage bag: Jan 8, 2020; by Fluffdaddy

Is it possible to immigrate to China and become a citizen?

# ? Dec 13, 2020 22:02

Grapplejack: Nov 27, 2007

human garbage bag posted:

Is it possible to immigrate to China and become a citizen?

that depends, are you insanely wealthy or already married to someone with citizenship?

# ? Dec 13, 2020 22:34

Throatwarbler: Nov 17, 2008; by vyelkin

human garbage bag posted:

Is it possible to immigrate to China and become a citizen?

There is no real reason why anyone would want to do this. What did you have in mind? Do you want your kids to take the Gaokao?

# ? Dec 13, 2020 23:10

Okuteru: Nov 10, 2007; Choose this life you're on your own

Purple Prince posted:

you love to see it:

please bring some of this fear to the wretched anglos

This is pretty much the VM Varga speech about being rich from the third season of Fargo.

https://www.youtube.com/watch?v=N7Wami6CJiA

# ? Dec 14, 2020 01:21

Anime Schoolgirl: Nov 28, 2002

BrutalistMcDonalds posted:

now that's a headline

https://twitter.com/bpolitics/status/1336823004249157637

oh so this is why neoliberals want a hot war with china

# ? Dec 14, 2020 03:13

Antonymous: Apr 4, 2009

human garbage bag posted:

Is it possible to immigrate to China and become a citizen?

If you're descended from Chinese citizens yeah, you have to renounce all other nationalities tho

Otherwise it's basically unheard of

# ? Dec 14, 2020 03:13

gradenko_2000: Oct 5, 2010; HELL SERPENT; Lipstick Apathy

Antonymous posted:

If you're descended from Chinese citizens yeah, you have to renounce all other nationalities tho

Otherwise it's basically unheard of

how far back can I trace it for it to still count

asking for a friend

# ? Dec 14, 2020 03:18

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# ? Jun 12, 2024 23:37

Throatwarbler: Nov 17, 2008; by vyelkin

gradenko_2000 posted:

how far back can I trace it for it to still count

asking for a friend

A lot of overseas Chinese "returned"* in the 1950s and 60s, in the aftermath of the various anti-Chinese pogroms in SE Asia.

*Most of these would have lived in SE Asia for generations and may have never been to China.

# ? Dec 14, 2020 03:24

The Something Awful Forums > Discussion > C-SPAM > [Asia/Oceania] Another pro-China propaganda outlet revealed to be a huge scam:

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