China cuts interest rates again to spur economic growth

[Publicus]

Get used to the fact no one can criticise 'em over there about anything. No critiques accepted. No wrongs admitted. No possibility anyone outside of China might have a point.

While many Americans readily say Donald Trump is an ignoramus, no Chinese would say that of any of their leaders or any wannabe leaders. (That is of course because it is impossible a CCP leader could be an ignoramus, or that there could in fact be chaos within the CCP among its factions.)

But CCP Chinese will tell us in a New York minute they believe Trump is a crackpot -- but that democracy itself is crackpot stuff too as the CCP Chinese continue to drive using the rear view mirror.

The CCP paradigm of political economy is fundamentally flawed and flat out wrong. The comfort to all of us is however that China and the Chinese will survive that too. So we do look forward to moving in on a humongous scale to get the place right for the first time in 5000 years.

[ExpatOilWorker]

Chinese never accept any critisism of China or Chinese. They always immediately point the finger elsewhere at other people, societies, countries, places rather than address CCP failures or shortcomings.

Time will make 'em perfect so don't criticise now cause it's only temporary. Despite 5000 years of practice, the Chinese now led by the CCP still believe their own nonsense defenses and deflections remain viable.

So let's take a quick look at reality cause we ain't gonna get any from any CCPs....

Interesting that NPL in China could be as high as 15-21%, which is on par with NPL in Italy, but of course a magnitude bigger in China. Makes you wonder what the true NPL numbers in Thailand are?

[tonbridgebrit]

Chinese never accept any critisism of China or Chinese. They always immediately point the finger elsewhere at other people, societies, countries, places rather than address CCP failures or shortcomings.

Time will make 'em perfect so don't criticise now cause it's only temporary. Despite 5000 years of practice, the Chinese now led by the CCP still believe their own nonsense defenses and deflections remain viable.

So let's take a quick look at reality cause we ain't gonna get any from any CCPs....

How about YOU accept that you've been painting a non-accurate picture regarding China's economic collapse ?

Here is a link regarding Chinese tourists going tp Europe.

http://china-outbound.com/2016/04/13/europe-is-set-for-a-significant-rise-in-chinese-tourists-number-of-arrivals-from-china-will-continue-to-grow-in-2016/

Okay, a quote. "Europe saw 12.5 million tourists arriving from China in 2015, according to the official statistics. The European Travel Commission (ETC) is forecasting a 7.4% increase of Chinese arrival numbers to Europe this year, representing one million more visits than 2015."

Everybody, please note that Europe receiving a forecasted 7.4% increase in tourist arrivals from China in 2016 is from the European Travel Commission (ETC). Because this was said by the ETC, well, let's not have nonsense comments about how Chinese government data is totally wrong.

And still, we get people turning up here on ThaiVisa, trying to tell others that China's economy is collapsing. People are suppose to believe this ?

By the way, I make a forecast regarding Chinese tourists in Europe. The number will double over the next ten years. And Chinese tourists turning up in Thailand, they will also double in the next ten years.

[LawrenceChee]

The next big destination for Chinese is Indonesia

The magazines have been heavily selling the villa lifestyle there and we know Bali is loaded with them ...so that's the next must try experience for Chinese tourists ...no doubt there is going to be some horror stories about pool habits etc ....

Direct air links have been going up to Indonesia and thank goodness Chiangmai is losing favor ...we need our roads back

[ilostmypassword]

Chinese never accept any critisism of China or Chinese. They always immediately point the finger elsewhere at other people, societies, countries, places rather than address CCP failures or shortcomings.

Time will make 'em perfect so don't criticise now cause it's only temporary. Despite 5000 years of practice, the Chinese now led by the CCP still believe their own nonsense defenses and deflections remain viable.

So let's take a quick look at reality cause we ain't gonna get any from any CCPs....

How about YOU accept that you've been painting a non-accurate picture regarding China's economic collapse ?

Here is a link regarding Chinese tourists going tp Europe.

http://china-outbound.com/2016/04/13/europe-is-set-for-a-significant-rise-in-chinese-tourists-number-of-arrivals-from-china-will-continue-to-grow-in-2016/

Chinese-tourists-Paris-640x340.jpg

Okay, a quote. "Europe saw 12.5 million tourists arriving from China in 2015, according to the official statistics. The European Travel Commission (ETC) is forecasting a 7.4% increase of Chinese arrival numbers to Europe this year, representing one million more visits than 2015."

Everybody, please note that Europe receiving a forecasted 7.4% increase in tourist arrivals from China in 2016 is from the European Travel Commission (ETC). Because this was said by the ETC, well, let's not have nonsense comments about how Chinese government data is totally wrong.

And still, we get people turning up here on ThaiVisa, trying to tell others that China's economy is collapsing. People are suppose to believe this ?

By the way, I make a forecast regarding Chinese tourists in Europe. The number will double over the next ten years. And Chinese tourists turning up in Thailand, they will also double in the next ten years.

They're not saying China is collapsing. What they're saying is that they're staving off collapse by throwing money at failing enterprises. Here a link to an article from Matthew O'Brien. He is not a China basher at all. But he is terrific at analyzing economic situations. https://www.washingtonpost.com/news/wonk/wp/2016/05/16/chinas-debt-bubble-is-only-getting-more-dangerous/