End of the China bull?

[againsthegrain]

That is your typical Chinese mentality, screw everybody around you over kill the environment and poison anything in your way as long as your family is safe and there is $1 profit to be made

 

[over9k]

What's the logic in doing this?

$155 million plus the resource use and environmental impacts of all that concrete, steel and so on.

Could they not be fixed or completed?

Test run for tianamen square round two. Before you put your boot on everyone's necks you've gotta figure out the most effective boot to use.

 

[rederob]

That is your typical Chinese mentality, screw everybody around you over kill the environment and poison anything in your way as long as your family is safe and there is $1 profit to be made

Sounds more like Australia's climate change policy.
Otherwise your comments are the usual standard we can expect. Are you and @notting twins?

 

[Garpal Gumnut]

I must admit to being a bit agnostic on the end of the China Bull, just not willing to make a formal prediction. China is such a unique place. The same goes for the threat of China to Australia militarily and economically.

People tend to make prognostications on China, quite naturally, from a set point in time, usually the present, right now, or at a time shortly in the future, statim as one of the drinkers here at the hotel who is a medical doctor would say. He's not a bad doctor by the way but a dreadful investor.

I tend to have a different view and that is of an ever changing world where future events unknown to us, large and small, will lead on to larger events such as prosperity or ruin and so on repeatedly.

The Chinese will do what is best for China, and The Western World including Australia will do what is best for them. Presently both China and the West are in a state of huge flux. I find it impossible to be bullish or bearish on China or Australia. The unknown beckons. Experts are inexact and have their own agenda.

I will wait, and watch.

gg

 

[finicky]

Entertaining and encouraging take. CCP brutish mindless policies lead to self inflicted calamities.
Australia's coal = the 'Chinese' sparrow (the cute little chubsters look like English sparrows to me)

 

[wayneL]

There is a mainstream view that countries (especially China) can ignore the laws of economics.

I say that hypothesis will be disproved in due course.

Please consider this to be "on record" (especially for China)

 

[rederob]

I must admit to being a bit agnostic on the end of the China Bull, just not willing to make a formal prediction. China is such a unique place. The same goes for the threat of China to Australia militarily and economically.

People tend to make prognostications on China, quite naturally, from a set point in time, usually the present, right now, or at a time shortly in the future, statim as one of the drinkers here at the hotel who is a medical doctor would say. He's not a bad doctor by the way but a dreadful investor.

I tend to have a different view and that is of an ever changing world where future events unknown to us, large and small, will lead on to larger events such as prosperity or ruin and so on repeatedly.

The Chinese will do what is best for China, and The Western World including Australia will do what is best for them. Presently both China and the West are in a state of huge flux. I find it impossible to be bullish or bearish on China or Australia. The unknown beckons. Experts are inexact and have their own agenda.

I will wait, and watch.

gg

China's ongoing development is predicated on rolling 5 year plans which take in views from the bottom up.
China's present objective is to continue to industrialise until around 2030.
Between now and then China sees itself in a transformative phase, shifting significantly towards services and employment sectors more reliant on its internal economy.
This year consensus forecasters expect China's annual GDP to be around 8%.
There will always be an end to a bull run but for now China continues to be one of the best performing nations wrt annual growth in GDP:

This IMF interactive shows China is expected to grow GDP at no less than 3% for the next 5 years.

 

[notting]

 

[notting]

They peddled the lie for 20 years!
The collapse will be like nothing the world has ever seen before -

 

[notting]

Think China's infrastructure development and progress like high speed rail is miraculous?
Think again -

 

[qldfrog]

Think China's infrastructure development and progress like high speed rail is miraculous?
Think again -

I would tend to disagree on that one, if the whole company collapses tomorrow,trains and lines remains,and will still run fully dependent on electricity and not imported oil.
Comoare this to the west use of debt:..
Social welfare and government bonds repayment for overseas liabilities.
Give me debt like high speed train , here we build olympic park facilities, in Europe welfare and in the US,missiles for Afganistán and share buy back.
Interesting to also look at 2021,with covid impact on travel.
Definitely NOT a great failure.
Tell me about ghost cities or environment in China, or windmills farms in the West and then i will agree about useless wasted money

 

[divs4ever]

I would tend to disagree on that one, if the whole company collapses tomorrow,trains and lines remains,and will still run fully dependent on electricity and not imported oil.
Comoare this to the west use of debt:..
Social welfare and government bonds repayment for overseas liabilities.
Give me debt like high speed train , here we build olympic park facilities, in Europe welfare and in the US,missiles for Afganistán and share buy back.
Interesting to also look at 2021,with covid impact on travel.
Definitely NOT a great failure.
Tell me about ghost cities or environment in China, or windmills farms in the West and then i will agree about useless wasted money

indeed , a case of 'our ' waste of money , is more beneficial than yours

apart from Japan's recycling of their Olympic Games facilities such 'international showpieces ' have been vainglorious propaganda projects

BTW how is Australia's hi-speed rail project going , given the congestion at Sydney Airport one would have thought a hi-speed rail in south east Australia (Canberra-Sydney-Melbourne-Adelaide ) would have been a no-brainer .. maybe the problem is keeping the power-lines up

 

[Knobby22]

China to dominate new technologies especially batteries, magnets, solar, rare metals, etc. They have planned this. Nasty read but a very good one.
Just because their growth is slowing doesn't stop the bull long term.

What if China saved the world and nobody noticed?

If pending US efforts on renewable energy are extraordinary, the revolution under way in China is truly staggering.

www.theage.com.au

 

[divs4ever]

China to dominate new technologies especially batteries, magnets, solar, rare metals, etc. They have planned this. Nasty read but a very good one.
Just because their growth is slowing doesn't stop the bull long term.

What if China saved the world and nobody noticed?

If pending US efforts on renewable energy are extraordinary, the revolution under way in China is truly staggering.

www.theage.com.au

now ( elsewhere ) i have been urging China to lift the 'foot off the gas peddle ' since about 2016 ( to bring official growth below 6% , ideally near 5% ) and focus more on infrastructure and removing ( internal ) bottlenecks , now i was always concerned China could do this AND have a soft landing ( if China crashed the wreckage would destroy most of the developed economies )

now maybe China didn't want to lose face by slowly down openly and methodically , OR others saw the over-expansion as a weakness that could be exploited

now the question nobody seems to asking .. is China using all this confusion to leap into the lead of the space ( exploration ) race , bypassing the US India , and Russia , all the technologies China is improving are ideal for more efficient for space exploration ( and colonization )

 

[notting]

I would tend to disagree on that one, if the whole company collapses tomorrow,trains and lines remains,and will still run fully dependent on electricity and not imported oil.
Comoare this to the west use of debt:..
Social welfare and government bonds repayment for overseas liabilities.
Give me debt like high speed train , here we build olympic park facilities, in Europe welfare and in the US,missiles for Afganistán and share buy back.
Interesting to also look at 2021,with covid impact on travel.
Definitely NOT a great failure.
Tell me about ghost cities or environment in China, or windmills farms in the West and then i will agree about useless wasted money

CCP use and are still creating new coal fired power stations to creat enough electricity with mega tons of the filthiest coal and it still costs the majority of Chinese tax payers a fortune. Almost all of the Chinese people cannot afford to use the 'high speed rail' because the tickets are too expensive. It's a mega vanity show of the worst kind. They try to export the technology but most countries reject it when they see the amount of electricity needed!!!

 

[qldfrog]

CCP use and are still creating new coal fired power stations to creat enough electricity with mega tons of the filthiest coal and it still costs the majority of Chinese tax payers a fortune. Almost all of the Chinese people cannot afford to use the 'high speed rail' because the tickets are too expensive. It's a mega vanity show of the worst kind. They try to export the technology but most countries reject it when they see the amount of electricity needed!!!

The middle class does use them.
Nearly all the 20-25y plus employees of our startup where using these instead of airplanes when either travelling for pleasure or during the big family holiday/transhumance ?
Not a fan of ccp, but these trains are really used intensively.
And in the 3y i worked in mainland China, i never ever saw any push to reduce power use.just build more power stations...

 

[qldfrog]

The middle class do use them.
Nearly all the 20-25y plus employees of our startup where using these instead of airplanes when either travelling for pleasure or during the big family holiday/transhumance ?
Not a fan of ccp, but these trains are really used intensively.
And in the 3y i worked in mainland China, i never ever saw any push to reduce power use.just build more power stations...

And while they were uni level kids, they were not rolling in it, our chinese co founder was a real bastard salary wise.
Higher middle and top class flew..so did we so the reason i never took it?

 

[divs4ever]

now the question nobody seems to asking .. is China using all this confusion to leap into the lead of the space ( exploration ) race , bypassing the US India , and Russia , all the technologies China is improving are ideal for more efficient for space exploration ( and colonization )

CHINA LAUNCHES NEW REMOTE SENSING SATELLITE GROUP​

the usual confusing description , i am assuming it is monitoring the earth ( and probably communications )

i suppose the important question is WHERE are these Chinese satellites doing all their 'sensing '

 

[qldfrog]

China better not fail:

 

[notting]

Australia's miners got a boost today as China cut it's interest rates, again.
How naive are Ausi's for thinking that is something to buy on?