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China ChiCom News Thread

ATP

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TyrantTriumphant

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I've heard that one of the plans the CCP is floating around is to screw over the foreign creditors of the real estate groups while allowing domestic creditors to collect on their debts.

On a related note, if for some reason someone reading this has plans to invest into China, don't.
 

Cherico

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I've heard that one of the plans the CCP is floating around is to screw over the foreign creditors of the real estate groups while allowing domestic creditors to collect on their debts.

On a related note, if for some reason someone reading this has plans to invest into China, don't.
from a domestic politics pov screwing over the outsider in favor of the locals is pretty much always a winner.

It does mean that outsiders don't want to lend you more money in the future but since we are in for a global credit crunch in a few years its a moot point.
 

Zachowon

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I dont think this is them trying to just boost domestic while crashing Foreign
 

Sailor.X

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I dont think this is them trying to just boost domestic while crashing Foreign
Anyone that has been watching ADV Podcasts could see this coming from a far off. China is one big shell game. And any person or business that invested into doing business with China basically fucked themselves.
 

Cherico

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Anyone that has been watching ADV Podcasts could see this coming from a far off. China is one big shell game. And any person or business that invested into doing business with China basically fucked themselves.
China is the single most overleveraged country in human history.

Every one else is of course fucked to but not nearly to the same extent.
 

ATP

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Logical approach would be "short,victorious war" to cover their problems.But - is it possible ? and if so,then with who?
Well,maybe Biden manage to help them somehow.He is best president China ever had.
 

VicSage

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I'm hoping that I'll be in position to take advantage when they crash and buy a ton of Yuan. Either they'll recover, and my investment will pay off a thousandfold, or my normal luck will kick in and drive them further down the tubes.
 

Cherico

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I'm hoping that I'll be in position to take advantage when they crash and buy a ton of Yuan. Either they'll recover, and my investment will pay off a thousandfold, or my normal luck will kick in and drive them further down the tubes.
Those tactics don't work with a government like china they will simply seize your assets and no one will care because your not Chinese
 

Bacle

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It'd be smarter to invest in US owned businesses that do not business with China and are direct competitors with Chinese producers, and will be hurt less when we fully break with the CCP (assuming DC ever gets cleaned up).

Also, investing in non-stock reserves, like buying actual gold and keeping a physical reserve to turn into cash again later, would not be a bad idea.
 

Cherico

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It'd be smarter to invest in US owned businesses that do not business with China and are direct competitors with Chinese producers, and will be hurt less when we fully break with the CCP (assuming DC ever gets cleaned up).

Also, investing in non-stock reserves, like buying actual gold and keeping a physical reserve to turn into cash again later, would not be a bad idea.
Once again when shit hits the fan you want silver not gold otherwise you end up overpaying for everything.

Gold for major purchases silver for day to day.
 

Alathon

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