Australian (ASX) Stock Market Forum

End of the China bull?

i reckon the chinese will finish, some say they have watched this island building chinese expansion for 10 years .........
 
Xi is starting the long march, again!
Sounds a like a reset to me.
The template is broken.
Trust me, YOU DON'T want another Long march.




This is what the real long march was like, not the CCP propaganda ~
Truth Behind the Long March
It is hard to call the Long March a great victory, The Communist Army was largely on the run and when it fought a battle it was usually defeated, suffering huge losses. Many historians think the Chiang Kai-shek allowed the Communist to escape. Six weeks after the Long March began Mao's army was reduced from 86,000 to 30,000 troops at the Battle on Xiang River. At most 15,000 died; the rest fled.

Many of the reported events of the Long Mrach, it seems, never happened or were exaggerated. The Luding Bridge incident appears to be a complete fabrication. There were no Nationalist troops at the bridge and there was no battle: only a skirmish with no casualties. The local warlord, who controlled the bridge and hated Chiang Kai-shek, let Mao's army pass and was later made a minister in the Communist government.

Many questions have been raised about the original story line. The distance covered now appeared to have been 6000 miles not 8000 miles and some question whether it lasted until 1936.

Mao's role in the Long March was often inaccurately reported. It has often beem claimed that he walked the entire 6,000 mile distance but in fact he was carried much of the way on a litter by porters and used the time to read. While Mao's troops suffered huge losses, not a single senior party member was killed or even seriously wounded.

The Long March was third longer than was necessary as Mao dragged the Red Army in a huge loop so he could go near the Soviet border to receive arms because the Soviets said that whoever made first contact with them would be recognized as the leader of the Chinese Communist Party.

It also appears not all the participants of the Long March were enthusiastic volunteers. Some were press ganged captives. Sun Shuyun, author of a book on the Long March, interviewed one man who said he was barely into his teens when he was forced to join the Red Army and he only did so because his father was arrested and would not be released until the man agreed to join the army. The man thought of deserting but stayed on because he feared being caught and executed.

Driven by desperation and hunger, the armies took hostages for ransom. Purges continued until there were practicably no officers left to command battles

Read this if you want to really understand the glories of the Chinese Communist Party
Mao: The Unknown Story
Amazon product ASIN 0679746323
 
Would actually like something original, on topic, and not propaganda.
OT china bull
(my head says then ignore the post, or post up your own info .....whatevs ....... peeps can post all they want but if the purpose of the post is just to slap others down then why bother ......)
 
Never has this thread ever been more relevant or utterly on topic.
The world has caught up to it!!
You are truly delusional :speechless:.
This linked article is almost 10 years old, and suggests many myths about China's USA relationship. The reality is that since then China has grown stronger, and US dependence on China stronger still.
Some people fall for Fox broadcasts as if they are gospel, but they are some of the poorest commentary available.
When I began commenting on China around 20 years ago, around half of its GDP was dependent on exports. Today that figure is down to 20%. Domestic demand is now crucial to China's ingoing growth, albeit less frenetically.
China is being affected by the current "trade war" but Americans more so, as tariff increases are mostly being passed on to consumers. If Trump think Americans don't notice this, he will be in for a rude shock.
This gives a much better picture of my views.
 
I'm Just glad
Xi Jinping calls for ‘New Long March’ amid trade tensions

It shows the CCP has no confidence and are rallying nationalism to save themselves from The People
So they don't have to do this to them again on a grand scale, which they will -

 
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State run economics. Here is a typical example of those (NOT) raised out of poverty -
This is the growth -

It's been going on so long now.
You really have to wonder what will happen to the iron ore price when it all comes to the surface.
 
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People think it means a collapse, but I'm not so certain.
You see people think China has 1.6 Billion people, but it's not like that.
There is the Communist party and it's members which comes to about 250 million - that's China.
The rest are serfs and slaves that are expendable.
So there is no great cost if the thing shrinks massively. They massacre any uprisings and don't help the starving and dying masses. China inc - 'The CCP' barely wares a cost, they just let it got, mow it down and steal their savings.
The people don't matter. That's the mistake when most look at the collapse of China.
 
Given there has been no collapse, the mistaken ones are those who see it as imminent.

I tend to agree.

But form the outside world and Ausi miners and so on, it will be viewed as a collapse.

Also for the majority of the Chinese people it has been collapsing since 2016. The CCP backed companies have stolen all the insurance and retirement money owed to the workers (serfs/slaves) (part of the figures used to fake the 'raised out of poverty' status according to World bank statistics - gone) . The CCP also encouraged the Chinese People (serfs/slaves) to all spend their savings and go into debt buying worthless apartments off the CCP members, telling the people the prices would only go up and that they could sell later on at a profit, - WORTHLESS NOW!.
You see with no freedom of speech or free press, there is no one to give them a different opinion or report the truth. So they have no idea what is really going on and get totally used and destroyed by Chinese Communist Party inc



And as it gets worse it will look more like this again -

 
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One of the best overall soft commentaries about what the Chinese inc really is and how corrupt it is economically and how stupid the rest of the world has been accommodating it -

 
“It’s hard to imagine a complete break of the United States from China or of China from the United States. We are not interested in this, and our American partners are not interested in this. President Trump is my friend and I am convinced he is also not interested in this,” Xi said in Chinese, interpreted into Russian and then translated into English by Reuters.

Seemed like quite a positive thing to say.
I've had a positive feeling about Xi all along despite what everything looks like.

I am wondering whether Xi and Trump made a secret deal that would make Trump posture as he has in order to force down the hardliners behind the scenes in China inc. To show the hardliners that it was going to be very bad for China if they continue in the way they have. Getting Trump to make a stand is also showing the hard liners that opening up and genuine reform is in fact the best way to go, which perhaps Xi understands and wants but does not have the support to implement due to the refusal of the all powerful hardliners to want to give up their monopoly on everything in China. To make great changes there will be disruptions and uncomfortable transforming that will in fact be good for China in the longer term. But short term it is helpfull for Xi to be able to point to the US and say to the hardliners, 'But we have no choice.'

The hardliners only care about their fortunes and their power. This requires an external enemy to force the change or they could lose even that and be left with a dysfunctional and economically crippled police state.

For the short and medium term pain that the Chinese will have to go through as it reforms and becomes a more responsible global team player rather than a kingdom unto itself, making changes that look as though are being forced upon China is much better for Xi. If it looked like all the inevitable disruptions were coming from Xi then the people would blame him rather than external forces.
 
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HONG KONG — Tens and perhaps hundreds of thousands of protesters marched in Hong Kong on Sunday in a display of anger and fear over a government proposal that would allow extraditions to mainland China.

Organizers said they hoped to draw one of the largest turnouts in years to show the breadth of disagreement with the plan, which has stirred worries about people in Hong Kong, including foreign visitors, being sent to face trial in Communist Party-controlled courts in mainland China.



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https://www.nytimes.com/2019/06/09/world/asia/hong-kong-extradition-protest.html
 
Again tonight.
No, we are Hong Kong
We are the free Chinese People
You the CCP do not represent us.

No, we are not a result of Foreign media interference
We see through your lies.
We have FaceBook we have unfiltered internet
We have free speech, we have eyes, ears and noses
We can see and we know!!

You were not voted by the people
You have no right to make a single decision on our behalf.
We are the people and you are a handful of cowardly dictators.
1.5 million of us. How many must you kill to keep your pathetic
Grandiose obsessions with power in tact?

 
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