Topic: China's economic raise after Covid
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jaish

Mon 04/13/20 04:54 AM


Some of the reports tabling Corona Virus Data for each country are also tabling the GDP and national debts.


People's Bank of China (PBoC), had bought a 1 percent stake in HDFC, India's largest housing finance company.


China has a $9 Trillion stock market - with $3 Trillion traded overseas - Singapore, Hong Kong and US market

Chinese IT firms are listed in US and Hong Kong stock exchange and not in Chinese A-share market.


Unlike the U.S., where information technology makes up roughly a quarter of the S&P 500® Index, IT represents only about 9% of the A-share market (Trading within China) because most Chinese technology firms are listed in the U.S. and Hong Kong.


For example: Huawei Semiconductor is listed in US and Hong Kong.
After the high-profile ban on it's parent Huawei Technologies Co. by US,
HS said it was de-listing from US due to considerations including limited trading volume and costs.

Hong Kong Other Tech companies, Hong Kong based are: Baidu (AI), Alibaba, Tescent (android - gaming).

(No idea how they are linked to Chinese government except for tax and HK bank accounts- ultimately linked to People's Bank of China (PBoC) - The Chinese Money Flow Cycle).

All these have nothing to do with the soft loans extended by PRC to Sri Lanka, Pakistan and some African nations. Since these countries are unable to pay the interests, they lease out land around their port cities for 99 years.

Wuhan based companies There is Dongfeng Motor Group, largest vendors for automobile parts in Asia - Suppliers to Indian auto industry.

Posted on 13 April 2020

Status to be reviewed after the Covid Wave sweeps out - say 3 months from now.
Edited by jaish on Mon 04/13/20 04:59 AM
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soufiehere

Mon 04/13/20 06:54 AM

"Chinese IT firms are listed in US and Hong Kong stock exchange and not in Chinese A-share market."

That is interesting, why is that? IT firms not listed on their
own exchange?

Or just not 'A' shares? Is it illegal there or something?
jaish's photo

jaish

Mon 04/13/20 07:45 AM

Taking 'Dongfeng Motor Group' owned by Chinese government -
Assuming it's listed on US market - would make a sovereign asset on par with say GM.

I'm not clear about A-share market but assuming that institutions like People's Bank of China / China's State Insurance - are stakeholders it prepares the way for a future where the government may offload a small slice to private institutions.

Again, high net worth Chinese don't live in mainland China; in Hong Kong, silicon valley of China.

Of course, info is based on how the Indian economy loosened up from being a socialist monopoly.
Edited by jaish on Mon 04/13/20 07:46 AM
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jaish

Mon 04/13/20 11:29 PM



Today, 14 April - by night fall we would've 120,000 dead

It's not an easy death
It is by slow drowning, as body fluids swept slowly inside the lungs
and spread over the tissues - if there were tissues remaining -
taking 2 days to submerge them completely

And ll the time, each of the 120,000 people knew they were drowning,
gasping for air through bubbles entrapped in the fluids
what was their fault, to die like this?

It's not clear what happened in China / Wuhan
two doctors who blew the whistle - disappeared.

But it is clear what happened in NYC
The first case was reported on March 1

Mayor said, "We've 1200 beds ready" - March 8

WHO declared corona virus a pandemic - March 11
Mayor voiced his view as: 'a bit of a trust-but-verify worldview"

NYC schools closed - March 16

City playgrounds were kept open - March 23
with city officials posting signs that said,Play at your own risk

On his weekly radio interview on WNYC’s “The Brian Lehrer Show“ - March 27
He said, “This whole godforsaken experience has been a learning curve.”

10,000 dead as on April 14
Projected to die: 10,000 by May 14

Bill De Basio's proud moment: "We will reopen schools in September"

While I don't claim to understand American politicians the question that startles me goes beyond De Blasio;

and forgive me, also beyond the 'death by drowning' of the 10K.

It is, "Why was De Basio scared of closing down NYC's public schools on March 8?"

---xxx

This returns us back to China /Wuhan and the question:
Did Wuhan's Mayor behave exactly like De Basio?

This is what Mayor Zhou said, "The city government’s disclosure of information about the disease had been “unsatisfactory.”

Our names will live in infamy, but as long as it is conducive to the control of the disease and to the people’s lives and safety, Comrade Ma Guoqiang and I will bear any responsibility,”

Mayor Zhou subsequently resigned.
Edited by jaish on Mon 04/13/20 11:50 PM
Rock's photo

Rock

Tue 04/14/20 03:52 AM

China deserves, exactly what,
for loosing a deadly plague upon
the world?

mysticalview21's photo

mysticalview21

Tue 04/14/20 05:53 AM


China deserves, exactly what,
for loosing a deadly plague upon
the world?





I don't believe it was on purpose...


I heard now we have to worry about the meat ...
a factory has infected people ... gosh I hear so much ...
not sure if they had to shut down ... one co ... said will give you ...
$ 500. bonus if you stay on the job...
wanting people to work if even sick ...
or at least I guess till they fall down dead ...is what it sounded like ...

noway way...
Edited by mysticalview21 on Tue 04/14/20 05:54 AM
Rock's photo

Rock

Tue 04/14/20 08:30 AM



China deserves, exactly what,
for loosing a deadly plague upon
the world?





I don't believe it was on purpose...


I heard now we have to worry about the meat ...
a factory has infected people ... gosh I hear so much ...
not sure if they had to shut down ... one co ... said will give you ...
$ 500. bonus if you stay on the job...
wanting people to work if even sick ...
or at least I guess till they fall down dead ...is what it sounded like ...

noway way...


I wouldn't dream of implying that it was intentional.
Yet, here we are.

Yes, I heard a similar story on the news,
about a pork processing plant. I believe,
the article put it in Minnesota or Wisconsin.
jaish's photo

jaish

Wed 04/15/20 10:08 AM



Chinese Medical Equipment

Beijing: China on Wednesday asked all the countries to import medical equipment through reputed Chinese firms cleared by the government and vowed to punish those involved in counterfeit behaviour amid growing complaints about the low quality of the exported items.

China can feed the World As factories in China resumed operations after over two months of grim battle against the coronavirus, the country is now busy tapping into the vast business opportunities of exporting key medical goods, especially ventilators and personal protection equipment (PPE), across the world, including India, where both private and government bodies are placing orders for these products.

Quality Several countries including Italy and Spain have complained about the low quality of medical materials including PPE, testing kits and ventilators, casting a shadow over Chinese exports. China has imposed strict restrictions on its firms to ensure quality exports.

jaish's photo

jaish

Wed 04/15/20 02:32 PM





China deserves, exactly what,
for loosing a deadly plague upon
the world?


I don't believe it was on purpose...



I wouldn't dream of implying that it was intentional.
Yet, here we are.


The above comments stir up - the intent behind this thread....

1. Political
Considering the age old rivalry between India & China, if...
if the virus had started in India,
and considering the phenomenal speed of it's spread
and knowing government response times to anything new.
I think the scale of devastation in India would have been larger than China's

And while the Chinese response time was initially slow
Subsequent actions, essentially quarantine were impressive.

In fact we learnt nothing from watching China, communistic country
Iran, a Muslim country and
Italy, over sexed country

We learnt from Spain - the strictest imposition of quarantine & curfew - March 15,
We are lucky.

Political Conclusion But when I noticed New York Mayor's sloppiness (leaving aside San Francisco which is dope land anyway) it was stunning. In my experience NYC is like Bombay, people are very civil and comply with government rules, readily. NYC's Mayor is a bigger bumpkin than London's and should be hanged in Times Square!

--xx

2. Economy

We have to view China as an intensively strong Labor market, highly disciplined
just as we view Saudi Arabia / Iran as oil countries.

Now, while we were sleeping ...


In 2018, China's GDP was $25.3 trillion
(world's largest economy fourth year in a row)
World GDP was $135.2 trillion - source IMF.

The European Union was in second place, generating $22 trillion.

US GDP was also $22 trillion but US debt was $23.5 trillion

India's GDP is about $3 trillion


But recall, China devalued the Chinese currency in 2015
from: 1 Yuan = 18 cents (US)
to 1 Yuan = 14 cents

leading to a collapse in the 'Future's market' and
impacting India's growing economy - apart from others.

Clearly, a 'beggar they neighbor' move

Then Trump got elected,
and along with Americans, rest of world woke up

--xx

Next 6 months will be interesting because as the stock market revives slowly
Wall ST. will e slowed because oil prices are lowest
US will maintain expensive military sanctions on Iran
Dems will waste another 20 billion trying to get Biden elected
and Americans generally, will remain divided over the elections.

--xx

All of the above is open secret.
TY

Edited by jaish on Wed 04/15/20 02:36 PM
jaish's photo

jaish

Fri 04/17/20 08:52 PM


When we say Rise of China, it also means decline of US

Reason is the basket size (world market size) remains the same since China is not introducing new products but competitive pricing on existing products

Covid curve in US has not flattened.

10 days ago, Mar 7, the number of cases were 400,000
Today, Mar 17, it is 700,000
In less than 10 days, say 8 days, the number will reach 1,000,000 cases
Death rate is also highest in the USA it is 30%

1 million - is a game changer: here's why!
So far Trump has evaded direct responsibility by giving long rope to governors and mayors to manage. But once figures touch 1 mil then US exports / imports - become suspect - get slowed down. This because, if a US military carrier - TR, can get effected no reason mercantile ships won't.

Maybe the 1 million cases won't make any differences - because of world dependencies on US software rather than hard products

but little things begin to add up.
jaish's photo

jaish

Sun 04/19/20 11:42 PM


Today, US Debt increased US GDP by 3 Trillion

i.e., 24.5 Trillion (Debt) - 21.5 Trillion (GDP)

What does it mean?

In my opinion rise and decline of two nations accelerate now

For example, a Chinese Insurance firm bought out Lloyd's HQ building in London in 2013


http://goin2london.com/wp-content/uploads/2015/05/lloyds-building-interior.jpg

No doubt China had edged out UK in terms of the second largest GDP in the World but then Why would the Chinese Insurer (PRC) buy in a 290 ft tower expensive to maintain?

Lower Price:
Ping An is paying a little over 16 times Lloyds’ annual rent of £16 million to purchase the building. The “problem-free” price of most City office blocks at the moment is 20 times the annual rent. In other words, the price of a problem-free Lloyd’s would be £320 million, not £260 million.


But in my opinion it goes beyond visibility, building credibility ... best address in the World ... to something else altogether.

To sell insurance against the next ..... strain; who knows!

Edited by jaish on Mon 04/20/20 12:20 AM
jaish's photo

jaish

Tue 04/21/20 05:29 PM


Chinese Honey

Asian hornets from China arrived in France around 2008 'accidentally'.
They feed on honey bees. The hornets have been spreading to Europe.

In France, the honey industry has come down from what was worth a few billions of dollar in 2008 to zilch.

Honey imports in Europe increased significantly between 2011 and 2015,
The largest supplier of honey to the European market is China, with imports amounting to more than 98,000 tonnes --- representing 29% of total honey imports



Rock's photo

Rock

Wed 04/22/20 10:19 AM



Chinese Honey

Asian hornets from China arrived in France around 2008 'accidentally'.
They feed on honey bees. The hornets have been spreading to Europe.

In France, the honey industry has come down from what was worth a few billions of dollar in 2008 to zilch.

Honey imports in Europe increased significantly between 2011 and 2015,
The largest supplier of honey to the European market is China, with imports amounting to more than 98,000 tonnes --- representing 29% of total honey imports







I'm not one given to believe in coincidence.
Everything happens for a reason.


China seems to have catastrophic "accidents".

Through design?
Incompetence?
Stupidity?

Xi Jinping, and the Chinese communist party,
should be held accountable by the Chinese people,
and by the world.
jaish's photo

jaish

Mon 05/04/20 08:29 AM



Larry Kleiman, Co-founder of Judicial Watch and Freedom Watch, has alleged that COVID-19 is a biological weapon made in Wuhan, China, and filed a $20 trillion lawsuit against the Wuhan Institute of Virology in Wuhan.




Chen Wei (pictured), a Major General of the People's Liberation Army, was flown in to Wuhan late last month after the coronavirus broke out there, according to Chinese state-run media.

Dr. Chen is also a leading specialist in genetic engineering vaccines in China. She developed a medical spray during the SARS outbreak in 2003, preventing around 14,000 medical workers from contracting the virus, said another state-media report

She is also known in the country as the 'terminator of Ebola' for leading a team to create a vaccine against the fatal virus.

Speaking of fighting the novel coronavirus, Chen said: 'The epidemic is like a military situation. The epicentre equals to the battlefield.'

Problem is the news articles. One mentions US funding research & training for WIV staff during Obama's administration.

Second, 'the epicentre keeps moving - to Italy, then Spain and now in US.'






Edited by jaish on Mon 05/04/20 08:51 AM
jaish's photo

jaish

Mon 05/04/20 09:00 PM



This is what India's PM Modi said in a Non-Aligned Movement Summit through video conferencing.

Even as the world is fighting coronavirus, some people are busy spreading other viruses, He identified those viruses as terrorism and fake news.


A normal interpretation of 'terror virus' would be rumor mongering on terror and creating a large scale panic. But in this case, just before the conference 4 Indian soldiers were killed within Kashmir by unknown assailants.

Fake News What is surprising is the Indian PM has mentioned 'fake news'! This is for the first time and in an international forum.

I have reasons to believe it has to do with CNN who as we know has a rogue reporter covering DT.

Can a media channel be a virus Yes, according to our PM; because in CNN's rule book, if you are with DT, you are with the enemy!


jaish's photo

jaish

Sat 05/09/20 08:55 PM


Is the virus generated in Wuhan Lab - a myth?

From Live Science:

Kristian Andersen, an associate professor of immunology and microbiology at Scripps Research, and his colleagues looked at the genetic template for the spike proteins that protrude from the surface of the virus.

The coronavirus uses these spikes to grab the outer walls of its host's cells and then enter those cells. They specifically looked at the gene sequences responsible for two key features of these spike proteins: the grabber, called the receptor-binding domain, that hooks onto host cells; and the so-called cleavage site that allows the virus to open and enter those cells.

That analysis showed that the "hook" part of the spike had evolved to target a receptor on the outside of human cells called ACE2, which is involved in blood pressure regulation. It is so effective at attaching to human cells that the researchers said the spike proteins were the result of natural selection and not genetic engineering.


Here's why: SARS-CoV-2 is very closely related to the virus that causes severe acute respiratory syndrome (SARS), which fanned across the globe nearly 20 years ago. Scientists have studied how SARS-CoV differs from SARS-CoV-2 — with several key letter changes in the genetic code.

Yet in computer simulations, the mutations in SARS-CoV-2 don't seem to work very well at helping the virus bind to human cells. If scientists had deliberately engineered this virus, they wouldn't have chosen mutations that computer models suggest won't work. But it turns out, nature is smarter than scientists, and the novel coronavirus found a way to mutate that was better — and completely different— from anything scientists could have created, the study found.


Another nail in the "escaped from evil lab" theory? The overall molecular structure of this virus is distinct from the known coronaviruses and instead most closely resembles viruses found in bats and pangolins that had been little studied and never known to cause humans any harm.

"If someone were seeking to engineer a new coronavirus as a pathogen, they would have constructed it from the backbone of a virus known to cause illness," according to a statement from Scripps.


https://www.livescience.com/coronavirus-not-human-made-in-lab.html


Maybe China should take this Scripps, improve it and retell to the world.

no photo

Blondey111

Sat 05/09/20 11:41 PM



Is the virus generated in Wuhan Lab - a myth?

From Live Science:

Kristian Andersen, an associate professor of immunology and microbiology at Scripps Research, and his colleagues looked at the genetic template for the spike proteins that protrude from the surface of the virus.

The coronavirus uses these spikes to grab the outer walls of its host's cells and then enter those cells. They specifically looked at the gene sequences responsible for two key features of these spike proteins: the grabber, called the receptor-binding domain, that hooks onto host cells; and the so-called cleavage site that allows the virus to open and enter those cells.

That analysis showed that the "hook" part of the spike had evolved to target a receptor on the outside of human cells called ACE2, which is involved in blood pressure regulation. It is so effective at attaching to human cells that the researchers said the spike proteins were the result of natural selection and not genetic engineering.


Here's why: SARS-CoV-2 is very closely related to the virus that causes severe acute respiratory syndrome (SARS), which fanned across the globe nearly 20 years ago. Scientists have studied how SARS-CoV differs from SARS-CoV-2 — with several key letter changes in the genetic code.

Yet in computer simulations, the mutations in SARS-CoV-2 don't seem to work very well at helping the virus bind to human cells. If scientists had deliberately engineered this virus, they wouldn't have chosen mutations that computer models suggest won't work. But it turns out, nature is smarter than scientists, and the novel coronavirus found a way to mutate that was better — and completely different— from anything scientists could have created, the study found.


Another nail in the "escaped from evil lab" theory? The overall molecular structure of this virus is distinct from the known coronaviruses and instead most closely resembles viruses found in bats and pangolins that had been little studied and never known to cause humans any harm.

"If someone were seeking to engineer a new coronavirus as a pathogen, they would have constructed it from the backbone of a virus known to cause illness," according to a statement from Scripps.


https://www.livescience.com/coronavirus-not-human-made-in-lab.html


Maybe China should take this Scripps, improve it and retell to the world.


jai .. In 2015 the Wuhan institute published a paper on research Their team had conducted into “creating a chimera, the hybrid virus that combined elements from two bat-borne coronaviruses, including one that causes SARS. The mutated virus that resulted was more easily able to infect human cells, making it more useful for lab experiments”. I would like to see the DNA sequencing from that study and subsequent studies (published or not ). I can see why questions are being asked of China . Clearly they held and studied bat carona viruses . Coincidence or not, their research and processes should be subjected to an independent investigation.
jaish's photo

jaish

Tue 05/12/20 10:50 PM

Thanks Blondey.

On the economic level:
Elon Musk is expanding his electric truck / car factory in Shanghai. Initially set up in 2018, Elon believes he will capture the Chinese auto market.

Although everybody loves Elon, something is not quite right.
jaish's photo

jaish

Sat 05/16/20 09:41 PM

Update as on 17 May

If we consider China's management of this pandemic as the benchmark...
then as per Worldometer



Benchmark - China

Cases: 83,000______( 82,947 )
DeathS: 5,000______( 4,633 )



12 countries lead China on infection cases: USA, Brazil, 7 European, Iran & India

In terms of death, 13 countries have or exceed 5000 deaths.
Notably, a small country like Belgium has over 9000 deaths

---

Total cases 4.7 million
Total death 0.31 million

-----

Projections - 1st June based on graph

Total cases 5.7 million
Total death 0.5 million

----

Projections - 1st Oct Worst case scenario

Based on countries like US - flattening
While countries like India - may see high case doubling rates

Total cases 10.0 million
Total deaths 1 million

i.e., world standing.. 10,000,000 / 1 mil

Benchmark .................... 83,000 / 5000

We didn't see this scale
Edited by jaish on Sat 05/16/20 10:12 PM
Rock's photo

Rock

Sun 05/17/20 01:07 AM

I'm all for China's economy being razed after the Wuhan virus.