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WHO's Kluge warns against further lifting of lockdown in England: Guardian


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1 hour ago, candide said:

Due to the high level of internationalisation of the Chinese economy, its economic situation is dependent on the economic situation of other countries. It is absolutely not in the interest of China to trigger an economic crisis among its customers and suppliers.

 

You obviously have never read the book "The Art of War" by Sun Tzu. 

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1 hour ago, yuyiinthesky said:

If you would read some of the Chinese propaganda spread by "China Daily", you might find that the target is not maximizing the profits of Chinese companies quickly, but the target is to change the world order from USA domination to China domination. 

The poorer their customers are, the cheaper they can buy their assets. When Greece was ruined, China could take over important ports there. Belt and roads allover the globe.

Did you know that China bought most of the textile industry in Northern Italy, and there were 30000 Chinese workers. Yes right there where the Italien Covid-19 drama happened. 

You can't understand China if your thinking is stuck in Western short term financial quarter results. 

While I may agree on the concepts, I disagree with the analysis. The Chinese can play the long game because they are not prisoners of the financialisation of their economy, as you rightly mention.

So they don't need a ridiculous conspiracy, as they will make it anyway. As confirmed by your example. They didn't need covid-19 to take over the textile industry in Italy.

Frankly, I don't think that they need to trigger a crisis just for that. They need to spare all their energy for the next strategic event (Taiwan).

 

Edited by candide
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21 minutes ago, candide said:

The Chinese can play the long game because they are not prisoners of the financialisation of their economy, as you rightly mention.

 

Also financialisation is not a word it is nonsense along with everything else you write ????

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1 minute ago, misterjames said:

Also financialisation is not a word it is nonsense along with everything else you write ????

Me stupid! I thought I could trust the Cambridge Journal of Economics! ????

 

Financialisation and the new capitalism?

Cambridge Journal of Economics, Volume 43, Issue 4, July 2019

https://academic.oup.com/cje/article-abstract/43/4/799/5538923?redirectedFrom=fulltext

 

Please remind us in which schoolyard....?

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2 hours ago, candide said:

While I may agree on the concepts, I disagree with the analysis. The Chinese can play the long game because they are not prisoners of the financialisation of their economy, as you rightly mention.

So they don't need a ridiculous conspiracy, as they will make it anyway. As confirmed by your example. They didn't need covid-19 to take over the textile industry in Italy.

Frankly, I don't think that they need to trigger a crisis just for that. They need to spare all their energy for the next strategic event (Taiwan).

 


I don’t know if and don’t say that China / the CCP did create SARS-CoV-2 and Covid-19 to advance their game (although I would be not very surprised if they did).
 

However there are welcome benefits for China coming from the pandemic:

- the Western world is busy destroying its economies, taking away time, attention, energy and resources to push back China’s aggressive actions in Hong Kong and the South China Sea. Atrocities such as the concentration camps with millions of Uighurs are no headlines anymore, nobody seems to care anymore.

 

- new markets for new products, such as lousy masks Made in China, available everywhere very very quickly, a bestseller!

 

- with the economic decline in the Western world assets and industries there are getting much much cheaper. The longer the lockdowns last, the cheaper they get, and the more China gets for their money. On the long run this far outweighs the cost of the Chinese Covid 19 patients and victims.

 

So now is the time for China to act, and the CCP knows it very well. Who is still there to stop them? 
 

Of course the UK could stop the lockdowns, get back to work, and taking up its responsibilities again. But then again, there is no Churchill in sight, so it most likely will not happen.

Edited by yuyiinthesky
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A number of inflammatory posts, personal insults, trolling and bickering posts have been removed along with many replies.

Please stay on topic and address points made, without attacking the poster at a personal level.

Further instances will be removed without notice and warnings given.

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10 hours ago, yuyiinthesky said:


I don’t know if and don’t say that China / the CCP did create SARS-CoV-2 and Covid-19 to advance their game (although I would be not very surprised if they did).
 

However there are welcome benefits for China coming from the pandemic:

- the Western world is busy destroying its economies, taking away time, attention, energy and resources to push back China’s aggressive actions in Hong Kong and the South China Sea. Atrocities such as the concentration camps with millions of Uighurs are no headlines anymore, nobody seems to care anymore.

 

- new markets for new products, such as lousy masks Made in China, available everywhere very very quickly, a bestseller!

 

- with the economic decline in the Western world assets and industries there are getting much much cheaper. The longer the lockdowns last, the cheaper they get, and the more China gets for their money. On the long run this far outweighs the cost of the Chinese Covid 19 patients and victims.

 

So now is the time for China to act, and the CCP knows it very well. Who is still there to stop them? 
 

Of course the UK could stop the lockdowns, get back to work, and taking up its responsibilities again. But then again, there is no Churchill in sight, so it most likely will not happen.

(1) You don't say it, but it was the topic under discussion. ????

(2) You are right that they are taking advantage of it. However, they would have done it anyway, one day or another. International pressures usually don't have more than a cosmetic impact on Chinese policy.

(3) New markets: for the time being

(4) It may help them, but it may just accelerate what will happen anyway. On top of it, public opinion is more negative about China. Large and/or strategic acquisitions may be rejected

 

On the other hand, there are big drawbacks for China:

- reduced growth due to internal and external factors. -6.8% for Q1. It is expected they will grow around 2-3% this year, so a GDP loss of around $400-600 billion(nominal). As figures are likely to be doctored, it's probably more acute than that. It could also be worse in case of a second wave.

- awareness of the necessity of strategic (national or regional) sourcing by western countries. It will likely extend beyond medical supplies.

 

So I come to the opposite conclusion: it is in the interest of China that other countries restart their economy so that the Chinese can do more business again.

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22 hours ago, misterjames said:

Says he's not avoiding the question then avoids it ???? 

 

Sorry misterjames. Ferguson jumped on some articles coming out of Africa and the Middle East that have since been debunked. 
 

The records show that flights out of Wuhan to the rest of the world stopped around mid-day on January 23, the same day China stopped flights from Wuhan to the rest of China.

 

https://www.globaltimes.cn/content/1186627.shtml

 

Made a good storey ( as all conspiracy theories do ) though. 

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