phucked up prc

[Ng Cheh Hwang]

Foxconn's facilities may be confiscated.
https://www.livemint.com/companies/...iers-could-backfire-badly-11698670004526.html

 

[Ng Cheh Hwang]

provocative tweet from the Chinese embassy in France

 

[Ng Cheh Hwang]

China Scrubbed Israel From Online Maps​

https://www.wsj.com/livecoverage/is...med-on-china-online-maps-aY5VjRWIlsnSMuASZNF2
The Wall Street Journal has confirmed internet users' deepening suspicions that the country of Israel has disappeared from several online maps after the 'mistake' began to gain increased attention. "Internet users in China are expressing bewilderment that the name Israel doesn’t appear on leading online digital maps from Baidu and Alibaba, an ambiguity that matches Beijing’s vague diplomacy in the region and contrasts with its attentiveness to maps generally," WSJ writes Tuesday. But some pundits have said the claim is misleading, stressing that many Chinese maps don't label "disputed areas" by default.

 

[Ng Cheh Hwang]

Some Chinese institutions borrow at 50% rate as liquidity squeezed​

https://www.reuters.com/world/china...borrow-50-rate-liquidity-squeezed-2023-10-31/

Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50% on Tuesday, as a month-end scramble for cash squeezed liquidity and stressed money markets.

 

[eatshitndie]

if ccp doesn’t steal i worry.
https://www.sfgate.com/tech/article/bay-area-company-chinese-partners-stole-secrets-18459690.php

 

[Ng Cheh Hwang]

 

[Ng Cheh Hwang]

 

[Ng Cheh Hwang]

 

[Ng Cheh Hwang]

Fitch said the liquidity condition is weakening of listed Chinese property developers that haven’t defaulted yet.
https://www.fitchratings.com/resear...ear-term-liquidity-weakens-further-31-10-2023

 

[laksaboy]

Fitch said the liquidity condition is weakening of listed Chinese property developers that haven’t defaulted yet.
https://www.fitchratings.com/resear...ear-term-liquidity-weakens-further-31-10-2023

Hope the Tiong developers don't cut corners to save costs in the many ongoing projects in Sinkieland: MRT stations, HDB flats, condos, malls etc.

 

[Ng Cheh Hwang]

Smog returns in Northern China
https://www.reuters.com/world/china...-pollution-alert-visibility-drops-2023-10-31/

China only has 35 years of coal reserves at today’s consumption levels, and secondly, the grade of those reserves is deteriorating. In other words, it is taking more coal to produce the same amount of heat

China’s coal imports, including low-grade lignite, climbed to an all-time high of 44 million tons in August, while domestic production of 382 million tons was also a record for the time of year. Imports over the first eight months have nearly doubled to 306 million tons, more than the country usually takes in a whole year.

The increases in supply come as the government seeks to avoid the power shortages that have crippled the economy in recent years. China’s rush to extract more coal has also degraded the quality of its domestic output so that more fuel is needed to generate the same amount of heat.
https://www.bloomberg.com/news/arti...an-coal-to-lift-quality-amid-surge-in-imports

 

[Ng Cheh Hwang]

Hope the Tiong developers don't cut corners to save costs in the many ongoing projects in Sinkieland: MRT stations, HDB flats, condos, malls etc.

Tens of millions of homes lie vacant across China following the country’s credit-fuelled construction boom.
https://www.aljazeera.com/economy/2...ngs-and-broken-dreams-chinas-unfinished-homes

 

[laksaboy]

Truly a fucked up country.

 

[laksaboy]

China is stirring shit around the world to distract the USA from the real enemy of the world: China.

 

[laksaboy]

Another tell-tale sign that China is running out of money.

 

[Devil Within]

 

[Devil Within]

 

[Devil Within]

 

[laksaboy]

 

[Devil Within]

Everyone knows CCP crooks fake their economic numbers, but now they openly admit they fake them. So what's the punishment? Nothing.