DJJIB-DJDCT posted:

Brits frantically looking to see if they have chests of opium somewhere.

Spergin Morlock posted:

China can hit mainland US with nuclear tipped missiles. More importantly they can wipe out Guam, Okinawa, Hawaii and all west coast naval installations if push comes to shove. The US is not going to be starving China of resources in the same way they did to Japan lol

double nine posted:

still don't quite grasp the chinese source - what is the graph supposed to show then? amount of train facilities? Price of a bus stop, or the price of abstracted (combined) public transport? what does "transportation facility" mean??

i'm sure it's a mundane explanation but I'm not grasping the meaning of the actual graph if that's its correct translation

double nine posted:

still don't quite grasp the chinese source - what is the graph supposed to show then? amount of train facilities? Price of a bus stop, or the price of abstracted (combined) public transport? what does "transportation facility" mean??

i'm sure it's a mundane explanation but I'm not grasping the meaning of the actual graph if that's its correct translation

quote:

Võ Văn Thưởng, former Vietnamese president who got axed just recently, is the last remnant of the liberal faction under former PM Nguyen Tan Dung. Below was his attempt for historical revisionism during his time as head of “education and propaganda committee” of the Party 🧵


1/ He insists to change the word “nguỵ quân/nguỵ quyền” (puppet army/govt, 伪) to “VNCH” (Army of south VN/Republic of VN) in the name of nation “unity”. It may seems trivial to outsiders, but it has a dire consequences: it legitimates the puppet govt in the south, which lead

..to claim that this is a civil/proxy war, and then the claim that the north “invade” the south (basically similar to narrative on Korea). It serves as [historical apologia] for the US invasion (now just “ally support” while paint the north as “invader” and NLF as “terrorist”..

And this is not even new. Even during Paris neg, the North side insists not to legitimate the southern govt because it is just a prop by the US and fully controlled by them (like UKraine today). Even at the end when they compromise a little, they only said it was a ..

..political force, similar to NLF and the neutral. This is not a one time mistake: VVT wants the term to be enforced through textbook and ALL OTHER media. There is objection from some army general but he silently squashed it. These general met GS Nguyen Phu Trong and got..

Assurance that these term won’t be removed as even Ho Chi Minh used it “đánh cho nguỵ nhào” (fight to topple puppet regime”.

2/ His approval and promotion of the book “Gạc Ma, vòng tròn bất tử”. This book is about the incident on Johnson Reef in 1988, when China Navy open fires on 64 unarm soldiers holding hand to form a circle on the reef, killing them all and take the reef until today..



.While in principle this even is widely known and there is no prohibition to avoid talking about it, this book has major intentional error: the most profound is to claim the VN Navy gave an order “Do not open fire”, while in fact, it was “Do not open fire FIRST”…

This order was given because VN construction force (no proper fighting ship) is no match for circling Chinese gunship, so they were ordered not to fire first to not giving China force any reason to escalate and take all the reef. However, they were allowed to fight back once..

China opened fire, for self defense and protection of the reef. Evidence is after Johnson reef was capture, VN ship HQ505 fight back, and nearly sunk. So they crashed it on Colin reef and make it a fortress to keep the reef until today

The mistake and the book release in 2018 (at the peak of anti-China protest/terrorism activities sponsored by CIA) is not a coincident: it pains the CPV as coward and traitor (not dare to fight - both in 1988 and 2018), and China as aggressor (1988-correct, 2018-not)..

It will fuel anti-China, ultra-nationalist sentiment while at the same time weekend trust on CPV leadership (as you know in our history, ANY figure who did not dare to fight back against China is deemed as traitor, coward and will be forever condemned).

3/ Education and media: under his “leadership”, textbook is privatized, which lead to multiple versions with high price while quality and content erode. He even allows reactionary figure like Nguyen Van Thuyet to be head of textbook (esp history) revision ! He was a member of..


No-U, group promoted by RFA, which trigger frequent anti-China protest, call for multi Party, remove of CPV leadership, depoliticize the Army… basically all the things which lead to the collapse of the Soviet Union.

And the media / showbiz becomes a mess. Former revolution paper like Thanh Nien, Tuoi Tre becomes literally mouth-piece of western MSM (by translating literally everything) while celeb can say anything they wants politically.

4/ The combined effects of all these “seemingly trivial changes” is a high rising, artificial Anti-China wave, the rehabilitation of western / US image, society destabilization and trust erosion on CPV. That’s why you see so much report on “VN hates CN loves US” in the MSM..

In a long-term, if it is allowed to develop unchecked, the Soviet Union story will happen to us. That’s why I was very happy when VVt was removed, and the Party has already cracked down on education and media…

Education: investigation starts on the process of making the textbook, and future textbook will be changed


Media: investigation on media which is going to “privatize” (pay to write)


As a results, from 2020-2024, [you] can see that the general public perception on China improves (also helps by booming trade), the “love US” seed paper reduces significantly, stability increases and trust on CPV as well..

This is not the end, as efforts to stir internal terrorism (like Daklak incident last year, sponsored by CIA), or anti-China wave still happen underground. But without top official with is blatantly “liberalized”, I trust that the future will be more bright for Vietnam. End of 🧵

P/s: officially VVT resigned due to corruption of his subordinate when he was still gem sec of Quang Ngai province. He got to the president pos mainly due to “north-middle-south organization” in our top 4 (need a southerner) rather than due to previous achievement

For those who asked for source, here is the article written by General Hoang Kiem, person who oppose this historical revisionism from years ago (in VNese of course)
https://www.facebook.com/story.php?story_fbid=10218984783650533&id=1832442440&mibextid=WC7FNe&rdid=wyZoFTtOxlTRNFNr

quote:

China is the global savings superpower. In the past, in a fast-growing economy with superb investment opportunities, its high savings have been a big asset. But they can also cause huge headaches. Today, with the ending of the property boom, managing these savings has become a challenge. The Chinese government must dare to choose relatively radical remedies. According to the IMF, China generated 28 per cent of total global savings in 2023. This is only a little less than the 33 per cent share of the US and EU combined. That is quite extraordinary. It also has several implications. One is that if China were an open market economy, its capital markets would be the biggest in the world. Another is that how these savings are managed is likely to be the most important single determinant of global interest rates and the global balance of payments. I analysed these underlying challenges in a column in September. A recent visit to China confirmed both the significance of this issue and the apparent unwillingness of the government to make decisive shifts in the structure of income and spending. It seems highly likely therefore that China will continue to have an extremely high overall propensity to save. But this is not mainly due to the frugality of Chinese households, as so many assume. Even more important is households’ ultra-low share in national income. In other words, as Michael Pettis of Peking University’s Guanghua School of Management has frequently argued, China’s savings are in large part a distributional issue. That may be why they are hard to reduce and so the savings rate has remained over 40 per cent of gross domestic product.

quote:

If China wants the mercantilist solution to excess savings it will have to fund smaller emerging and developing countries. It can pretend these are loans. But much of the money will be grants, after the fact. If it ends up funding renewable energy there, that could be good for the world. But, from China’s perspective, it would be a costly gift.

From the economic point of view, a mercantilist solution just will not work. China is far too big to try such a thing. So, again, if the savings rate remains this high, China needs to offset the inevitable decline in the rate of property investment with something else.

What might that be and how might it happen? An obvious and desirable solution, which is in fact already happening, is a huge expansion in investment in renewable energy. The benefits for the global energy transition would be enormous. The question is how large this investment might be and for how long it will last. Another possibility is even higher investment in manufacturing. But that is going to run into the already discussed limits on markets abroad.

As Sherlock Holmes said: “Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth.” Given China’s size, stage of development and excessive savings, an essential part of any strategy for macroeconomic stability must be a jump in private and public consumption as shares of GDP. Moreover, given the financial difficulties of local government, this will also mean a bigger role for central government spending.

quote:

According to the IMF, China generated 28 per cent of total global savings in 2023. This is only a little less than the 33 per cent share of the US and EU combined.

ModernMajorGeneral posted:

Not only is China making too much stuff, it also has too much money. Xi is finished

https://www.ft.com/content/cc40794b-abbb-4677-8a2a-4b10b12b6ff5

China’s excess savings are a danger
Beijing must dare to choose radical remedies to deal with them

spoiler: China will deal with having too much money by funding other countries and investing in manufacturing and renewables

stephenthinkpad posted:

This is times 100. I am surprised it hasn't been made into a dystopian movie yet. Just every labor job you interact with is a Boston Dynamic robot with a global south face on the screen.

Zodium posted:

guy who thinks dengism is mercantilist

crepeface posted:

a movie where the male protag gets a crush on a remote cashier who gets Taken and he goes on a action-packed quest to save her by following furtive video messages only to discover at the end that she lives across the pacific.

quote:

According to the exit polls released immediately after the polls closed at 5 p.m. local time, the Democratic Party 민주당 and the liberal bloc are headed to an overwhelming victory in the 2024 General Election 총선.

Exit poll by the three major television stations - KBS, MBC and SBS - predicted the Democrats winning between 183 to 197 seats, potentially crossing over the 200-seat supermajority line when combined with minor liberal parties such as the Rebuilding Korea Party 조국혁신당, which is expected to win between 12 to 14 seats.

double nine posted:

still don't quite grasp the chinese source - what is the graph supposed to show then? amount of train facilities? Price of a bus stop, or the price of abstracted (combined) public transport? what does "transportation facility" mean??

i'm sure it's a mundane explanation but I'm not grasping the meaning of the actual graph if that's its correct translation

gradenko_2000 posted:

Gildiss posted:

The exit polls in Korea show a potential blowout for the democratic party.

gradenko_2000 posted:

thanks GIldiss for keeping the thread current on the goings-on in SK.

Zodium posted:

guy who thinks dengism is mercantilist

quote:

Vietnam aims to start work on high-speed rail lines to China by 2030
By Reuters
April 9, 20249:14 PM PDTUpdated 16 hours ago

HANOI, April 10 (Reuters) - Vietnam aims to start building two high-speed railway lines linking its capital Hanoi with China before 2030, the Ministry of Planning and Investment said, another sign of a recent warming of ties between the two Communist-ruled neighbours.

China is Vietnam's largest trading partner and a vital source of imports for its manufacturing sector. The two countries are already connected via a system of highways and two railway lines that are old and need upgrading on the Vietnam side.

One of the planned high-speed lines would run from Vietnam's port cities of Haiphong and Quang Ninh through Hanoi to Lao Cai province, which borders China's Yunan province, the ministry said in a statement released late on Tuesday.

The other would run from Hanoi to Lang Son province, which borders China's Guangxi region, passing through an area densely populated with global manufacturing facilities, including some owned by Chinese investors.

The ministry didn't provide further details about the projects.

Earlier this month, Vietnam said it was seeking to learn from China to develop its first high-speed railway network and had sent its officials to work with Chinese railway companies.

A massive high-speed railway line linking capital Hanoi with business hub Ho Chi Minh City is also being planned in the country.
Vietnam's National Assembly chairman Vuong Dinh Hue met executives of Chinese railway companies on Monday during his ongoing visit to Beijing, where he was hosted by Xi Jinping.

This came after Vietnam and China signed dozens of cooperation agreements, including on railways, during a visit to Hanoi by Chinese President Xi Jinping in December.

Trade between Vietnam and China in the first quarter of this year rose 22% from a year earlier to $43.6 billion, according to Vietnamese government data.

The two countries remain embroiled in a years-long maritime dispute in the South China Sea, though the tensions appear to have calmed recently.

The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

Reporting by Khanh Vu; Editing by John Mair

Danann posted:

https://twitter.com/snekotron/status/1778084456072380841

Vietnam's going to have HSR with China before California gets HSR.

FrancisFukyomama posted:

didn’t they have a project with Japan that the Japanese completely hosed up on

Corky Romanovsky posted:

California is getting rolling stock from European manufacturers, iirc. Texas was working with Japanese. No idea if the latter has been "hosed up" by the Japanese.

comedyblissoption posted:

too big
https://twitter.com/BTnewsroom/status/1777781474730684755

comedyblissoption posted:

too big
https://twitter.com/BTnewsroom/status/1777781474730684755

comedyblissoption posted:

too big
https://twitter.com/BTnewsroom/status/1777781474730684755

comedyblissoption posted:

a truly free market would have properly more expensive commodities