Foxconn's facilities may be confiscated.
https://www.livemint.com/companies/...iers-could-backfire-badly-11698670004526.html
https://www.livemint.com/companies/...iers-could-backfire-badly-11698670004526.html
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phucked up prc
- Thread starter eatshitndie
- Start date
provocative tweet from the Chinese embassy in France
China Scrubbed Israel From Online Maps
https://www.wsj.com/livecoverage/is...med-on-china-online-maps-aY5VjRWIlsnSMuASZNF2The Wall Street Journal has confirmed internet users' deepening suspicions that the country of Israel has disappeared from several online maps after the 'mistake' began to gain increased attention. "Internet users in China are expressing bewilderment that the name Israel doesn’t appear on leading online digital maps from Baidu and Alibaba, an ambiguity that matches Beijing’s vague diplomacy in the region and contrasts with its attentiveness to maps generally," WSJ writes Tuesday. But some pundits have said the claim is misleading, stressing that many Chinese maps don't label "disputed areas" by default.
Some Chinese institutions borrow at 50% rate as liquidity squeezed
https://www.reuters.com/world/china...borrow-50-rate-liquidity-squeezed-2023-10-31/Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50% on Tuesday, as a month-end scramble for cash squeezed liquidity and stressed money markets.
if ccp doesn’t steal i worry.
https://www.sfgate.com/tech/article/bay-area-company-chinese-partners-stole-secrets-18459690.php
https://www.sfgate.com/tech/article/bay-area-company-chinese-partners-stole-secrets-18459690.php
Fitch said the liquidity condition is weakening of listed Chinese property developers that haven’t defaulted yet.
https://www.fitchratings.com/resear...ear-term-liquidity-weakens-further-31-10-2023
https://www.fitchratings.com/resear...ear-term-liquidity-weakens-further-31-10-2023
Hope the Tiong developers don't cut corners to save costs in the many ongoing projects in Sinkieland: MRT stations, HDB flats, condos, malls etc.
Smog returns in Northern China
https://www.reuters.com/world/china...-pollution-alert-visibility-drops-2023-10-31/
China only has 35 years of coal reserves at today’s consumption levels, and secondly, the grade of those reserves is deteriorating. In other words, it is taking more coal to produce the same amount of heat
China’s coal imports, including low-grade lignite, climbed to an all-time high of 44 million tons in August, while domestic production of 382 million tons was also a record for the time of year. Imports over the first eight months have nearly doubled to 306 million tons, more than the country usually takes in a whole year.
The increases in supply come as the government seeks to avoid the power shortages that have crippled the economy in recent years. China’s rush to extract more coal has also degraded the quality of its domestic output so that more fuel is needed to generate the same amount of heat.
https://www.bloomberg.com/news/arti...an-coal-to-lift-quality-amid-surge-in-imports
https://www.reuters.com/world/china...-pollution-alert-visibility-drops-2023-10-31/
China only has 35 years of coal reserves at today’s consumption levels, and secondly, the grade of those reserves is deteriorating. In other words, it is taking more coal to produce the same amount of heat
China’s coal imports, including low-grade lignite, climbed to an all-time high of 44 million tons in August, while domestic production of 382 million tons was also a record for the time of year. Imports over the first eight months have nearly doubled to 306 million tons, more than the country usually takes in a whole year.
The increases in supply come as the government seeks to avoid the power shortages that have crippled the economy in recent years. China’s rush to extract more coal has also degraded the quality of its domestic output so that more fuel is needed to generate the same amount of heat.
https://www.bloomberg.com/news/arti...an-coal-to-lift-quality-amid-surge-in-imports
Tens of millions of homes lie vacant across China following the country’s credit-fuelled construction boom.Hope the Tiong developers don't cut corners to save costs in the many ongoing projects in Sinkieland: MRT stations, HDB flats, condos, malls etc.
https://www.aljazeera.com/economy/2...ngs-and-broken-dreams-chinas-unfinished-homes
Everyone knows CCP crooks fake their economic numbers, but now they openly admit they fake them. So what's the punishment? Nothing.
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