China is winning

[Gutted]

 

[laksaboy]

If you want to know whether China is winning, watch these three countries in the near future: Venezuela, South Africa and Serbia.

 

[ftan42]

China firmly rejects any attempt to use Taiwan as a bargaining seed in negotiation table upholding the One-China principle and opposing all forms of external interference in its internal affairs.

 

[laksaboy]

China firmly rejects any attempt to use Taiwan as a bargaining seed in negotiation table upholding the One-China principle and opposing all forms of external interference in its internal affairs.

Taiwan does not belong to China, it has its own passport, currency and political system. 'Internal affairs', lol.

It is China that uses Taiwan as a hostage negotiation tool.

Revisionism and gaslighting, that's what communists do all the time.

China: fucked up country, supported by fucked up people.

 

[syed putra]

If SG kenna forced to become communist state like CCP, will see sinkies here celebrating.

It already is under PAP.

 

[superpower]

Three priorities for China:
1. Official corruption
2. Economic inequality
3. Environmental degradation

 

[k1976]

Bars and coins steal the shine from jewelry as Indians splurge up to $11 billion on gold this Diwali​

PUBLISHED MON, OCT 27 20254:35 AM EDT
Priyanka Salve
WATCH LIVE
KEY POINTS

• During the first two days of Diwali, Indians purchased more than 40 tons of gold.
• Indians preferred buying gold coins and bars over jewelry.
• Purchases were driven by investment reasons rather than consumption.
• Indian households’ wealth held in gold is estimated at $3.8 trillion: Morgan Stanley.

Gold prices were flat in Asia trade on Wednesday as investors held back from placing large bets ahead of the U.S. Federal Reserve’s policy decision, while also keeping a close watch on the developments surrounding the Israel-Iran conflict.
Anindito Mukherjee | Bloomberg | Getty Images
The narrow lanes of Zaveri Bazaar, one of the oldest jewelers’ markets in India’s financial capital, Mumbai, grew even more congested this Diwali as crowds jostled to buy gold on the auspicious first day of the festival of lights.

But there was a twist.


Most of the people thronging the market were there to buy gold coins or bars — not jewelry — Mahavir Kothari, a wholesaler of precious metals in Zaveri Bazaar told CNBC.

Leading gems and jewelry trade bodies in India told CNBC that more than 40 tons of gold was sold in the country on Oct. 19, the first day of Diwali.

About 700 billion rupees ($8 billion) to 1 trillion rupees ($11 billion) worth of gold was sold during the five-day festival that ended Thursday, according to India Bullion and Jewellers Association, or IBJA, and All India Gem and Jewellery Domestic Council, or GJC.

 

[k1976]

Why The World Started Hedging Its US Dollar Exposure​

What really happened in April.

Photographer: Prakash Singh/Bloomberg
By Carmen Rodriguez, Joe Weisenthal, and Tracy Alloway
October 23, 2025 at 1:00 AM PDT


Some economists expected that the dollar would strengthen when the tariffs were imposed. Instead, the opposite happened. The dollar fell sharply and it's been a poor performer all year. Concurrently, it's been a great year for a lot of dollar-denominated assets, like stocks. Even US Treasuries have rallied this year. So what's going on?

On this episode, we speak with recurring Odd Lots guest Hyun Song-Shin, Economic Adviser and Head of the Monetary and Economic Department at the Bank for International Settlements. Per his work, the world didn't abandon the US dollar, but it did start hedging exposure to it. We discuss this phenomenon, as well as other risks on the macro landscape.

​