Will Sinkieland join BRICS?

[k1976]

China is a game changer in BRICs. I mean seriously who the fk wants to trade with Russia. Russia is just there to spite USA

Well, if u believe so…but all man Tiongkok Contact do seem dun seem to agree leh

 

[k1976]

That's what people thought until the US wielded its USD sanctions against Iran and Russia. Now suddenly you can't trust Western banks anymore... unless you keep on sucking America's balls... even then one misstep and you'll find all your USD assets frozen. This is what we call weaponization of the dollar.

On the other hand, the yuan is not freely convertible, for various reasons. But has China ever weaponised the yuan?

If Murika can weaponise Dollar, it is naive to think Tiongkok will not follow

 

[king_of_abalone]

Dun say like that your parents also earn from Uncle Sam grace, unless u are a ah tiong

You have got to be super naive to imagine that Uncle Sam invested in Singapore out of charity or the goodness of their hearts... Not even the most pro-Western of my friends are able to say what you said with a straight face

Anyway it was a worthwhile exchange and transaction, and both sides benefitted greatly, and I'd like to think that Singapore benefitted more from the relationship, so all in all, a great piece of business done. But Singapore has to move with the times as well, and we cannot afford to be caught out being on the wrong side of history.

 

[k1976]

U want soon find out how powerful is BrIC va NATO

 

[k1976]

 

[king_of_abalone]

Well I am what they call a kentang. My mastery and articulation of the Chinese language and Mandarin, by proxy, are limited. I am unable to fully understand what you have posted.

But I dare not deny that the East looks mighty likely to regain their throne as “tian Xia” The sole superpower of the world.

Which reminds me, I need to brush up on this language. My eldest son is in a British colonialist school, the top one in Singapore, and even HE is scoring a 4.0 in Higher Chinese.

 

[Eisenhut]

In China, Brazil, Russia you have advantage of natural resources in Petrol,Gas and agriculture , minerals and plus those African countries who have grown disgruntled with the West, its lagi Power.

Another advantage is no need to depend on West for pricing of Gold

 

[Willamshakespear]

In China, Brazil, Russia you have advantage of natural resources in Petrol,Gas and agriculture , minerals and plus those African countries who have grown disgruntled with the West, its lagi Power.

Another advantage is no need to depend on West for pricing of Gold

In the end, China/Brazil/Russia & other BRICs supporting dictatorships or corrupted nations whom WILL promote their OWN national currencies than BRICs are STILL MAJOR EXPORTING nations, whom will HAVE TO have their goods sold, or else their natural resources will flounder with no buyers or worse- rot in warehouses...

It is not like BRICs nations OWN ALL precious resources or materials needed by Humankind, or the Free World is NOT without ANY of such resources which can be fairly & safely traded with a currency that is & had been trusted for centuries ruled by law.

It's fine for a small trade if those foolish BRICs nations demand their currencies be used. Such monetary exchange can be conducted even with a hole in the wall shopfront money exchanging shop.

However, it is quite ANOTHER issue when BILLIONS of dollars, if not TRILLIONS which are traded daily, for high cargo volumes of trade. Would anyone - corporate or depositors with their LIFE savings or investment finances, want to keep a proven unsafe & unstable currency in the bank, to see it devalued or STOLEN by a dictatorship ruled country as proven in China & Russian banks?

 

[laksaboy]

The whole point of BRICS is dedollarization, which is China/CCP propaganda.

The less discerning ones would obviously fall for it.

I'm all for a gold-backed currency, but China in its current state should not be involved with it.

 

[k1976]

Well I am what they call a kentang. My mastery and articulation of the Chinese language and Mandarin, by proxy, are limited. I am unable to fully understand what you have posted.

But I dare not deny that the East looks mighty likely to regain their throne as “tian Xia” The sole superpower of the world.

Which reminds me, I need to brush up on this language. My eldest son is in a British colonialist school, the top one in Singapore, and even HE is scoring a 4.0 in Higher Chinese.

U need to download the Balai Jiuhu OS to make u smarter and competitive for 知彼知自百战不败. In this super connected world, u will need multi OS to get different connectivity and think differently so u can tailor the RIGHT solution, not the standard solution , in order to get the High Alpha Gain

Once a jiuhu friend told me all sg school taught to Sinki is wrong, I used to disagree. Fast forward 30yrs, I have to admit my jiuhu friend is correct.

 

[k1976]

Well...at least your money is safe in the western bank. Your money won't get lose in a deposits. Your money can be freely traded in US.

They could have send these drug smugglers and illegal immigration to their maker, but chose not to. If this happens in China, rest assured these undocumented illegal migrant organs might be all taken out.

Moving forward, there are big changes in financial system irregardless u are in SWIFT or BRIC CIPS

 

[k1976]

https://www.bloomberg.com/news/arti...lobal-public-debt-hold-government-accountable

This is a very interesting article to give us a preview in a not too distant future

 

[k1976]

Germany requested for its Gold bars stored in US be returned and US gave only 60% of it. Where are the rest. Many other countries facing the same problem.

Read this, balai scheme by your good bros

https://goldsovereigns.co.uk/sovereignfakesin20thcentury.html

 

[k1976]

Col Syed, time to become a Big Boss??​

​

End of golden era for Chinese investors in Bordeaux wine​

Karine ALBERTAZZI
Sat, 26 October 2024 at 1:38 PM SGT4-min read

Chateau Latour Laguens is up for auction for just 150,000 euros (Philippe LOPEZ) (Philippe LOPEZ/AFP/AFP)

After over a decade of snapping up Bordeaux wine estates, buying into a dream of elegant living in France and good earnings in their home market, many Chinese investors are now selling up.

Capital controls back home, softening Asian demand for wine and the underestimated costs of running French estates have combined to push the once-enthusiastic buyers from China towards the exit.

Chateau Latour Laguens in 2009 was among the first Bordeaux vineyards to be bought by a Chinese company, convinced its wines would bring in handsome dividends on China's domestic market.
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More than 200 other estates in southwestern France followed.

Owner Daisy Haiyan Cheng, heir to the Longhai International group, was originally full of ideas for the neo-Medieval building –- a tasting room, a boutique, luxury guest rooms.

Today Chateau Latour, with its rising damp and its bat colony -– the only occupants -- is up for auction. The starting price, without the vines, is just 150,000 euros ($162,000).

Other estates have recently lost their Chinese owners too.

In May, the French authorities confiscated nine chateaux acquired in the 2010s by Chinese magnate Naijie Qu, founder of the Haichang conglomerate, after he was convicted of corruption.

 

[k1976]

UK government designates data centers as Critical National Infrastructure​

Means operators can call on more support in emergencies
September 12, 2024 By Matthew Gooding Have your say
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Data centers in the UK have been designated critical national infrastructure (CNI), a move the government says will give operators access to more support in the event of an emergency.

UK technology secretary Peter Kyle– DSIT press office/Flickr
It is the first new CNI designation since 2015, when the space and defense sectors were added, and means data centers now have the same status as utility companies and emergency services systems.

What CNI designation means for UK data centers​

Ministers said that putting data centers on an equal footing as water, energy, and emergency services systems will mean the sector can now expect greater government support when recovering from and anticipating critical incidents.
Technology Secretary Peter Kyle said: “Data centers are the engines of modern life, they power the digital economy and keep our most personal information safe.
“Bringing data centers into the Critical National Infrastructure regime will allow better coordination and cooperation with the government against cyber criminals and unexpected events.”
The new designation will see a dedicated CNI data infrastructure team set up, comprised of senior government officials who will monitor and anticipate potential threats, provide prioritized access to security agencies including the National Cyber Security Centre, and coordinate access to emergency services should an incident occur.
Bruce Owen, UK managing director of colo provider Equinix, said: "We welcome today’s announcement by the government which recognizes the critical nature of data centers and digital infrastructure to the economy and society.
"The Internet, and the digital infrastructure that underpins it, has rapidly grown to be as fundamental to each one of our daily lives as water, gas, and electricity, and is now a service that people and the UK economy can no longer live without.”

 

[k1976]

Google’s US$5 Billion Bet on Singapore’s Data Center Future​

June 21, 2024Posted by ASEAN BriefingWritten by Ayman Falak MedinaReading Time: 2 minutes
Google has completed its fourth data center in Singapore. With this completion, the company has raised its investment in the country’s digital infrastructure to US$5 billion, an increase from US$850 million in 2022 when Google completed its third data center in the city-state.

The latest data center aims to support the country’s growing ambitions to become a regional data center hub. Singapore currently has more than 70 data centers with a capacity of 1.4 gigawatts – already one of the biggest hubs in the world.

The country is just one of 11 in the world where Google has established a data center. Despite increasing property and construction costs compared to neighboring Southeast Asian markets, Singapore is poised to become the region’s next 1GW city market, following Tokyo. Further, the country has a colocation vacancy rate of just one percent, the lowest in the region, and also signifies that demand in Singapore significantly exceeds supply.

 

[k1976]

US company data Center in BRIC is 冻过水？

 

[k1976]

That's what people thought until the US wielded its USD sanctions against Iran and Russia. Now suddenly you can't trust Western banks anymore... unless you keep on sucking America's balls... even then one misstep and you'll find all your USD assets frozen. This is what we call weaponization of the dollar.

On the other hand, the yuan is not freely convertible, for various reasons. But has China ever weaponised the yuan?

There is a reason why USD is the world reserve currency

 

[k1976]

China is a game changer in BRICs. I mean seriously who the fk wants to trade with Russia. Russia is just there to spite USA

Definitely a Game Changer

 

[k1976]

You have got to be super naive to imagine that Uncle Sam invested in Singapore out of charity or the goodness of their hearts... Not even the most pro-Western of my friends are able to say what you said with a straight face

Anyway it was a worthwhile exchange and transaction, and both sides benefitted greatly, and I'd like to think that Singapore benefitted more from the relationship, so all in all, a great piece of business done. But Singapore has to move with the times as well, and we cannot afford to be caught out being on the wrong side of history.

U have been benefited under Dollar system, undeniably fact. Remember there is No free lunch in this world?