China ChiCom News Thread

Husky_Khan

The Dog Whistler... I mean Whisperer.
Founder
Amazon has shut down over three thousand Chinese merchant accounts representing 600 different Chinese brands on the Amazon storefront. The pest campaign started in May and targeted those brands that utlized fake online consumer reviews. Amazon stated it wasn't targeting Chinese online commerce but I guess it just worked out that a massive number of Chinese companies were engaging in Customer Review abuse and did knowingly and intentionally.


 

Husky_Khan

The Dog Whistler... I mean Whisperer.
Founder
China bans Cryptocurrency with its Central Bank declaring all transactions using such currencies, including bitcoin, as illegal and criminal activity.


Meanwhile Janet Yallen is furiously taking notes at Treasury...
 

prinCZess

Warrior, Writer, Performer, Perv
China bans Cryptocurrency with its Central Bank declaring all transactions using such currencies, including bitcoin, as illegal and criminal activity.
Presumably related to the whole Evergrande fiasco? I'd assume China is trying to limit the alternative ports money can go to try and shore-up the domestic real estate stuff that's having problems...But that's my two-bit vague understanding speaking. And it probably also aligns with lots of the CCPs goals of better tracking and ability to seize assets of whatever latest rich person they disappear.
 

gral

Well-known member
Presumably related to the whole Evergrande fiasco? I'd assume China is trying to limit the alternative ports money can go to try and shore-up the domestic real estate stuff that's having problems...But that's my two-bit vague understanding speaking. And it probably also aligns with lots of the CCPs goals of better tracking and ability to seize assets of whatever latest rich person they disappear.
Last I heard, the CCP was looking at limiting people(presumably only those with connections would be able to do so) who could trade in Bitcoins, so this is a bit surprising.
 

Husky_Khan

The Dog Whistler... I mean Whisperer.
Founder
Manufacturers located inside of Chinese industrial hubs that supply companies such as Intel, Nvidia, Apple, Tesla and Qualcomm are being impacted by government mandated power shutdowns to ostensibly help reduce carbon emissions (but also to drive down the price of coal allegedly). Theae shutdowns are expected to last days at a time but are affecting different hubs disproportionately.


Needless to say this may further impact the supply of computer parts and components worldwide.
 

Cherico

Well-known member
Manufacturers located inside of Chinese industrial hubs that supply companies such as Intel, Nvidia, Apple, Tesla and Qualcomm are being impacted by government mandated power shutdowns to ostensibly help reduce carbon emissions (but also to drive down the price of coal allegedly). Theae shutdowns are expected to last days at a time but are affecting different hubs disproportionately.


Needless to say this may further impact the supply of computer parts and components worldwide.
I am playing the world's smallest violin
 

prinCZess

Warrior, Writer, Performer, Perv
I am playing the world's smallest violin
In some ways yes, in other ways...shit.

Like, the one occurring off-hand the production of new cars or trucks in the US. I understand there's already a shortage of chips from shipping/supply hang-ups. Doubling production constraints on that, alongside a shitty secondary market (that's also been tied-in to chips heavily thanks to the US tamping down on older, legacy 'clunkers' federally and at the California-says-so-people-must-comply level)...Hope folks here have reliable vehicles for the road ahead (ha!)

The tangential connection I don't know enough to do more than ask on, of course, is how much reliance modern US freight-shipping via big-rig has on chips. Because they already have their own version of the supply hang-up in parts (and drivers) as I understand, so...

I hate the PRC as much as the next person (arguably more), but a Mike Tyson combo of hits to supply and production whilst US leaders do the chicken dance throwing money about without concern about things like inflation is...concerning...Just because it fucks-over more than China.
Arguably for the good long-term even...But that could be a really shitty short-term.
 

Vaermina

Well-known member
Manufacturers located inside of Chinese industrial hubs that supply companies such as Intel, Nvidia, Apple, Tesla and Qualcomm are being impacted by government mandated power shutdowns to ostensibly help reduce carbon emissions (but also to drive down the price of coal allegedly). Theae shutdowns are expected to last days at a time but are affecting different hubs disproportionately.


Needless to say this may further impact the supply of computer parts and components worldwide.
Actually it will probably make them more available.
 

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