China ChiCom News Thread

TyrantTriumphant

Well-known member
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

Well-known member
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

The Army Life for me! The POG life for me!
Founder
I dont think this is them trying to just boost domestic while crashing Foreign
 

Cherico

Well-known member
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

Well-known member
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

Carpenter, Cobbler, Chirugeon, Dataminer.
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

Well-known member
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

When the effort is no longer profitable...
Founder
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

Well-known member
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.
 

Whitestrake Pelinal

Like a dream without a dreamer

 

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