(Thread IKs:
fart simpson)
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corona familiar posted:gently caress I want Workers and Resources: Soviet Republic to get a China expansion so we can do the equivalent of Stellaris megastructures in that game
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Sep 28, 2023 03:43
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| # ? May 27, 2024 18:32 |
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Bad news for China - Prices of hogs and pork in China, which usually rise in anticipation of shoppers opening their wallets, have actually fallen. It’s a troubling sign for an industry that has yet to recover from the constraints imposed by the pandemic. Even relatively well-off households are watching the pennies as the economy slows and a protracted property crisis saps confidence. https://www.bloomberg.com/news/articles/2023-09-28/china-s-ailing-pork-demand-another-sign-of-economic-distress China’s Ailing Pork Demand Another Sign of Economic Distress By Hallie Gu September 28, 2023 at 12:04 AM UTC The fall holidays in China are usually boom-time for pork consumption, as parties and cooler weather entice households to splurge on the nation’s favorite meat. The Mid-Autumn Festival on Friday typically gathers friends and family over celebratory fare like braised pork belly or sweet and sour ribs. This year, the lunar holiday is followed in short order by the weeklong National Day break, which should extend demand for the more expensive meatier dishes beloved by Chinese. But consumption is falling flat and supplies are ample. Much of the blame lies with a weak economy and financial uncertainty that to some degree has affected all of China’s commodities markets. Prices of hogs and pork, which usually rise in anticipation of shoppers opening their wallets, have actually fallen. It’s a troubling sign for an industry that has yet to recover from the constraints imposed by the pandemic. “Pork is selling poorly,” said Yao Shangli, a wholesaler based in Shanghai supplying restaurants in the city. “Look at the economic situation now. The economy is bad. There’s no demand. There wasn’t a wave of stock-building before the holiday either,” he said. Chinese pork consumption is nearly five times that of 40 years ago, mirroring the rise of the middle classes. But even relatively well-off households are watching the pennies as the economy slows and a protracted property crisis saps confidence. The impact will be felt as far afield as the Americas, whose farmers supply most of the animal feed for China’s vast pig herd. There’s also a direct impact on financial markets because of the meat’s weighting in the basket of food monitored by China’s central bank, with a drop in pork prices contributing to deflationary pressures in the economy. In the wet markets of Guangdong in southern China, sales of fresh pork have been slow, said Citic Futures Co. Meat that should have sold out in the morning was still sitting on shelves in the afternoon, according to a report from the broker at the weekend. Slaughter Rates Hog prices nationwide have dropped over 5% so far this month, and wholesale pork prices have also turned lower. Slaughter rates at abattoirs are flat. Carcass sales have slowed and slaughterhouses aren’t getting many orders, according to commodities consultancy Mysteel, which cited the impact of the sluggish economy. “This round of restocking for the holidays is basically over and demand didn’t really kick off,” said Zhu Di, an analyst with GF Futures Co. Demand for cured pork usually rises toward the end of the year and that could give the market a boost, according to Zhu. “But I’m not sure how much it will be,” she said. “There’s too much supply. We are quite pessimistic about prices in the fourth quarter.” That puts Chinese farmers in a bind. Profitability is already lagging pre-pandemic levels, due to a combination of oversupply, weak demand, high feed prices and the costs of fending off diseases like African swine fever. With hopes dashed this time around, the focus will switch to the run up to the next festival period around Lunar New Year — the period of heaviest demand for pork in the Chinese calendar.
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Sep 28, 2023 03:48
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Meats cheaper in Australia too it's awesome thanks president xi
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Sep 28, 2023 03:52
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fizzy posted:Bad news for China - Prices of hogs and pork in China, which usually rise in anticipation of shoppers opening their wallets, have actually fallen. It’s a troubling sign for an industry that has yet to recover from the constraints imposed by the pandemic. Even relatively well-off households are watching the pennies as the economy slows and a protracted property crisis saps confidence. it's time to expand the Ever Normal Granaries to include delicious pork buns
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Sep 28, 2023 03:55
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fizzy posted:Bad news for China - Prices of hogs and pork in China, which usually rise in anticipation of shoppers opening their wallets, have actually fallen. It’s a troubling sign for an industry that has yet to recover from the constraints imposed by the pandemic. Even relatively well-off households are watching the pennies as the economy slows and a protracted property crisis saps confidence.. lol nominative determinism even in Chinese (no I will not be looking at the tones or the character)
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Sep 28, 2023 03:57
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fizzy posted:https://www.theguardian.com/world/2023/sep/10/watered-down-g20-statement-on-ukraine-is-sign-of-indias-growing-influence so funny thing about that India-Middle East-European Economic Corridor (IMEC) project they announced at the g20: quote:But there is a fly in the ointment, so to speak, regarding the ambitions of Imec when it comes to beating the Chinese — Imec will be piggybacking off existing Chinese BRI projects in some key areas. Forget, for a moment, that cross-border infrastructure development projects in the Arabian Peninsula have a poor track record in connecting ambition with reality — a planned rail network connecting the six member states of the Gulf Cooperation Council remains incomplete more than a decade after it was announced with great fanfare. China has played a key role in building out rail capacity in Saudi Arabia and the UAE, implementing multibillion-dollar railroad construction programs in recent years. quote:In many ways, Imec mirrors the experience of another PGII project announced by President Biden at the 2023 G20 summit: The rehabilitation of the Lobito Corridor, a 1,300 kilometer Angolan railway that connects with the Democratic Republic of Congo and Zambia. The Lobito Corridor piggybacks off the existing Benguela corridor, which between 2006 and 2014 was rehabilitated by a subsidiary of the China Railway Construction Corp. What distinguishes the US and EU approach from that of the Chinese, Helaina Matza, acting special coordinator for PGII at the State Department, recently said, is that their investments in the Lobito Corridor are done “in a meaningful way … that supports our values and our objectives, which includes supporting democracies.” The Chinese, on the other hand, operate with little rhetorical fanfare or associated “values” agenda. so if it even goes ahead, it'd basically be the west joining the BRI lmao
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Sep 28, 2023 04:23
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Bald Stalin posted:Meats cheaper in Australia too it's awesome thanks president xi cheaper food in china = bad triple digit actual food inflation in US = good
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Sep 28, 2023 04:29
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Palladium posted:cheaper food in china = bad food prices going up means a bigger GDP = good
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Sep 28, 2023 04:56
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https://twitter.com/ProfitAgri/status/1706626460184920090?t=piZbeuddsdIRm8F-dgbtcQ&s=19
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Sep 28, 2023 06:25
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crepeface posted:it's time to expand the Ever Normal Granaries to include delicious pork buns They already do
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Sep 28, 2023 07:09
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that owns also the article keeps using the phase 'strategic pork reserves' and I giggle everytime
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Sep 28, 2023 07:23
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quote:The United States Strategic Petroleum Reserve, with a storage capacity of 714 million barrels, was created to reduce the effects of oil supply disruptions and is an important foreign policy tool. And up until 2015, the United States had a National Raisin Reserve, which was created by the government following World War II to control prices. funny how stockpiling food is unconstitutional but stockpiling oil isn't.
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Sep 28, 2023 07:49
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Marcos Bid to Challenge China on Disputed Shoal Pressures USquote:Philippine President Ferdinand Marcos Jr. spent the first 15 months of his term working with the US and its allies to counter China’s incursions in the South China Sea. Now, his government is taking the fight more directly to Beijing in a move that could force the US to make some tough choices. lol the US is signaling that the Philippines is taking it too far too fast
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Sep 28, 2023 08:35
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China has put the world’s oil cartel into a death spiralquote:Watch what Saudi Arabia does, not what it says. China ftw
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Sep 28, 2023 10:11
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https://twitter.com/TomTugendhat/status/1706796634741366820?t=Qh_vDrQcWJ5WNPWC9BLRMA&s=19
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Sep 28, 2023 12:38
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https://twitter.com/mondefense/status/1707324738056646739?s=46
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Sep 28, 2023 12:52
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Indigenous defense submarines ftw
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Sep 28, 2023 13:05
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Honky Mao posted:Indigenous defense submarines ftw Similar to the I Dont Fly, they now have a I Dont Swim.
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Sep 28, 2023 13:35
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gradenko_2000 posted:https://twitter.com/TomTugendhat/status/1706796634741366820?t=Qh_vDrQcWJ5WNPWC9BLRMA&s=19 Patriot apparently means multiple meetings with high level us state department and intelligence agency officials that others in his company admitted were collision to destabilize Hong Kong and provide justification for sanctions.
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Sep 28, 2023 13:43
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That was a lot faster than I thought. I thought the Taiwan sub was going to take a few more years. I heard they secretly paid S Korean contractors for technical info and SK caught a couple guys because they didn't want to piss off Beijing.
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Sep 28, 2023 13:43
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ikanreed posted:Patriot apparently means multiple meetings with high level us state department and intelligence agency officials that others in his company admitted were collision to destabilize Hong Kong and provide justification for sanctions. Lmao that he also was the "Chinese oligarch" steve bannon had connections with
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Sep 28, 2023 13:52
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ikanreed posted:Patriot apparently means multiple meetings with high level us state department and intelligence agency officials that others in his company admitted were collision to destabilize Hong Kong and provide justification for sanctions. that's right
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Sep 28, 2023 13:54
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ikanreed posted:Patriot apparently means multiple meetings with high level us state department and intelligence agency officials that others in his company admitted were collision to destabilize Hong Kong and provide justification for sanctions. As seen in the documentary movie "The Patriot", patriots have a great affection for the US and its symbols.
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Sep 28, 2023 13:56
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https://www.youtube.com/watch?v=wWmHqW21S9c The Korean guy was brought in as a expert to predict what the Korean government will do He basically said straight up, when poo poo hits the fan, the main goal of the SK government will be 1 deal with NK's aggression; and 2, provide rear logistic support to the US military He went on to explain NK/Kim has given signs multiple times they will support China's unification war. As for why SK won't join the front line fighting, his explanation is Beijing has given warming many times if SK send the naval ships, Beijing will attack SK. One reason is SK is the "weakest of the 3 between SK, JP and US". But if SK only provide logistic support, Beijing will have the option to choose respond militarily or choose to deal with US and Japan first. I don't think SK military is actually weaker than Japan, but I think they have made up their minds this is the excuse they will go with to not join the actual fighting. Also one interesting stat of from Korean public survey regarding SK government's potential response Do not get involve: 18% Only provide logistic support: 42% Provide military support: 22% He said he is surprised the 2 get involved answers added together are over half, but reminded interviewer that current SK public has a very high dislike China sentiment compared to 10 years ago.
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Sep 28, 2023 15:06
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Really banking on nuclear primacy huh
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Sep 28, 2023 15:14
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stephenthinkpad posted:https://www.youtube.com/watch?v=wWmHqW21S9c I can't imagine why people would be so for getting their country bombee in order to support some bullshit America started. Especially given how American service members act, Okinawa is life the only sane place in the world that doesn't want these maniacs around
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Sep 28, 2023 15:16
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crepeface posted:funny how stockpiling food is unconstitutional but stockpiling oil isn't. the people are clamoring for the return of the National Raisin Reserve. Mr Trump do the needful
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Sep 28, 2023 16:40
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https://twitter.com/Breaking911/status/1707143974996070433 goddamn i hate this country
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Sep 28, 2023 16:47
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Sep 28, 2023 16:47
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Raskolnikov38 posted:https://twitter.com/Breaking911/status/1707143974996070433 all farmland should be nationalized
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Sep 28, 2023 16:48
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i just cant figure out why china wants their pandas back from the racist psychotic nation that keeps talking about stealing them
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Sep 28, 2023 16:49
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Raskolnikov38 posted:https://twitter.com/Breaking911/status/1707143974996070433 bring our boys in black and white back home
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Sep 28, 2023 16:51
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Foreign soil for me but not for thee.
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Sep 28, 2023 16:53
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Panda rear end war.
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Sep 28, 2023 17:38
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Fetterman is allowed to win with a D next to his name by the party despite being slightly to the left of it due to his absolute fealty to the blob. there is not one iota of separation of his foreign policy views from those of the most depraved Saudi and Lockheed funded think tank.
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Sep 28, 2023 17:43
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 lol they gave it a reddit name
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Sep 28, 2023 17:50
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is there a protective wrap on it or something (other than the RO e: whoops wrong puppet state abbreviation Raskolnikov38 has issued a correction as of 18:01 on Sep 28, 2023 |
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Sep 28, 2023 17:53
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it looks like it's made of paper mache
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Sep 28, 2023 17:55
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yellowcar posted:it looks like it's made of paper mache that may affect its performance underwater
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Sep 28, 2023 17:55
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| # ? May 27, 2024 18:32 |
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a semi-refloatable submarine
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Sep 28, 2023 17:56
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