nekandro

nekandro, 5 days ago

Yes, noble Japan, honouring the 2 million noble war criminals who died attempting to subjugate its neighbourhood in Asia and responsible for the massacre of millions of Chinese, Koreans, Indonesians, Malays, …

nekandro, 8 days ago

Every day the US pushes us closer to nuclear war.

In case anyone was wondering why China is rapidly building up their nuclear weapons stockpile, this is why. The US cannot stop their Cold War-era antics. They must always be superior. They must always be able to get the first say and the final say.

China’s nuclear doctrine is very clear: don’t launch nukes at them and they won’t respond with nukes, but if you do then nothing is held back. No first use, just like India.

NATO’s policy of allowing for first use stems from fears of being conventionally outgunned by the Soviets and now the Chinese. If anything, this should tell you where China’s military capabilities lie.

nekandro, 8 days ago

Idk the US does that pretty well all on their own

nekandro, 9 days ago

This is even more extreme than Douyin’s arrangement with the Chinese government lmao

It’s so funny

nekandro, 8 days ago

I mean… These terms exceed what Douyin does in China. It’s actually an insane level of concessions.

nekandro, 9 days ago

China obviously has something to gain, but it’s also obvious that they have more to gain from being honest in an overt publication like this than they do from being dishonest.

nekandro, 9 days ago

It’s an overt publication from the Chinese government. What reason do they have to lie? That would harm the credibility of the Chinese government, which is something that’s pretty strong in the Global South.

nekandro, 11 days ago

What! No way! Nobody could have seen this coming!

nekandro, 10 days ago

Most of the photographic evidence has been comprehensively debunked. Instead of citing Wikipedia, want to present any new evidence that’s not backed by a right-wing Christo-fascist?

nekandro, 10 days ago

Oh no! Not the DPP party line!

The DPP, known as the government where MPs steal bills they don’t want passed. Yay.

nekandro, 12 days ago

2023Q4 - 5.2% GDP growth

2024Q1 - 5.3% GDP growth (+0.7% over estimates)

Caixin Manufacturing PMI - 51.1

Citi GDP growth estimate 2024 - 5% (up from 4.6%)

This is as China’s real estate sector is actively deflating and dragging down GDP growth (real estate as % of GDP estimated to drop from a high of 24% in 2018 to 19% in 2023) on the order of about 1 percentage point annually.

I’m really not sure what you’re talking about? Labour is rotating into clean tech deployments, GDP growth numbers actively account for the deflation of the real estate bubble, manufacturing is still expanding, and estimates for GDP growth from Western analysts continue to shoot up. Meanwhile, bankrupt developers are having their projects be repurposed into public housing.

In fact, investments are rotating rapidly from real estate into industrial capacity, which tends to have higher short-term ROI and a more significant short-term contribution to GDP.

The biggest concern IMO is the rapid expansion of debt at the national level, which reflects the collapse of LGFVs as a viable method of supporting provincial coffers due to the decline in real estate - China’s government is becoming more centralized, and that has the potential to intervene with the (astonishingly successful) hands-off policy that’s been adopted in the past.