The China Problem

 
Topic moved from The Lounge by dthead on 17 Feb 2022 16:40
  Carnot Minister for Railways

The small former Yugoslavian country Montenegro has gotten itself into a huge pickle with a Chinese funded and built BRI freeway:
https://jalopnik.com/highway-to-nowhere-drives-entire-country-deep-into-debt-1847204969

It's a highway to nowhere and the Chinese will own (and occupy it) by default.

One wonders if Dan 'CCP' Andrews is leading us into the same trap with some Melbourne road projects...

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  303gunner Chief Train Controller

"Microsoft blocks Bing from showing image results for Tiananmen ‘tank man’ "

https://www.theguardian.com/technology/2021/jun/04/microsoft-bing-tiananmen-tank-man-results

Here's my take on it. This got attention because it is such a high profile event, and it was glaringly obvious that something was amiss. Now think about other, not so high profile events. How much is getting blocked by various search engines that may be extremely important to the people affected, but never sees the light of day elsewhere due to these supposed "human errors"?
Madjikthise
Try doing a search for pictures of Capt James Hewitt, a dashing British Cavalry Officer who, when he was in every newspaper back in the day, was about the same age as Prince Harry is now. It would let people draw misguided conclusions if pictures of the two were placed side by side, best to save Loyal Subjects the embarrassment of making such an error by wiping him from the history books of the interweb, never to be spoken of again.
  Carnot Minister for Railways

Is China (and Hong Kong for that matter), about to have a GFC moment as property giant Evergrande runs into a US$300 billion debt crisis?

https://www.theguardian.com/world/2021/sep/14/china-property-giant-evergrande-admits-debt-crisis-as-protesters-besiege-hq
  billybaxter Chief Commissioner

Location: Bosnia Park, Fairfield
Is China (and Hong Kong for that matter), about to have a GFC moment as property giant Evergrande runs into a US$300 billion debt crisis?

https://www.theguardian.com/world/2021/sep/14/china-property-giant-evergrande-admits-debt-crisis-as-protesters-besiege-hq
Carnot
The Guardian is a mouthpiece of Deviationism. I wouldn't take much notice.
  bingley hall Minister for Railways

Location: Last train to Skaville
Is China (and Hong Kong for that matter), about to have a GFC moment as property giant Evergrande runs into a US$300 billion debt crisis?

https://www.theguardian.com/world/2021/sep/14/china-property-giant-evergrande-admits-debt-crisis-as-protesters-besiege-hq
The Guardian is a mouthpiece of Deviationism. I wouldn't take much notice.
billybaxter

Well there's a pickle. It's on Sky News too, so one of them must be lying Razz
  BrentonGolding Chief Commissioner

Location: Maldon Junction
And now those commies at Reuters are in on the act

https://www.reuters.com/business/fitch-says-possible-china-evergrande-default-may-have-broader-effects-2021-09-15/
  Carnot Minister for Railways

Now China has the AUSUK standing up to them with Nuclear subs.

Is the ANZUS treaty dead? NZ - 100% there for the taking....



https://youtu.be/7xUYbI64QHI
  michaelgm Chief Commissioner

The title here is The China Problem. That problem has just become infinitely bigger.
Expect an increased scope of punitive tariffs, posturing from Morrison and I’m predicting an election on or about November 20 or 27.

Edit. May I suggest the first nuclear boat be named HMSA Pyne?
  Madjikthise Deputy Commissioner

I wonder if they'll install the automatic hull hammering technology in these like the last lot.
  Mr. Lane Chief Commissioner
  RTT_Rules Oliver Bullied, CME

Location: Dubai UAE
Now China has the AUSUK standing up to them with Nuclear subs.

Is the ANZUS treaty dead? NZ - 100% there for the taking....



https://youtu.be/7xUYbI64QHI
Carnot
ANZUS - From Wiki,

New Zealand was suspended from ANZUS in 1986 as it initiated a nuclear-free zone in its territorial waters; in late 2012 New Zealand lifted a ban on visits by United States warships leading to a thawing in tensions

in late 2012 New Zealand lifted a ban on visits by United States warships leading to a thawing in tensions. New Zealand maintains a nuclear-free zone as part of its foreign policy and is partially suspended from ANZUS, as the United States maintains an ambiguous policy whether or not the warships carry nuclear weapons and operates numerous nuclear-powered aircraft carriers and submarines; however New Zealand resumed key areas of the ANZUS treaty in 2007

I read this as ANZUS treaty really is mostly dead or of limited value.

NZ is however at some point either get off the fence or stand back and let the big boys make the hard decisions for which they will still ride the coat tails of.
  BaysideManny Assistant Commissioner

Now China has the AUSUK standing up to them with Nuclear subs.

Is the ANZUS treaty dead? NZ - 100% there for the taking....



https://youtu.be/7xUYbI64QHI
ANZUS - From Wiki,

New Zealand was suspended from ANZUS in 1986 as it initiated a nuclear-free zone in its territorial waters; in late 2012 New Zealand lifted a ban on visits by United States warships leading to a thawing in tensions

in late 2012 New Zealand lifted a ban on visits by United States warships leading to a thawing in tensions. New Zealand maintains a nuclear-free zone as part of its foreign policy and is partially suspended from ANZUS, as the United States maintains an ambiguous policy whether or not the warships carry nuclear weapons and operates numerous nuclear-powered aircraft carriers and submarines; however New Zealand resumed key areas of the ANZUS treaty in 2007

I read this as ANZUS treaty really is mostly dead or of limited value.

NZ is however at some point either get off the fence or stand back and let the big boys make the hard decisions for which they will still ride the coat tails of.
RTT_Rules
You are making the mistake of thinking that the UK has a competent functioning Government. Anyone who thinks that must be out of their flaming minds.

Bunch of lying idiots. I would not trust the UK with a pair of scissors.


Mannie
  Aaron The Ghost of George Stephenson

Location: University of Adelaide SA
I thought NZ was suspended from ANZUS because their military got down to single digit numbers of members and a trained seal (not quite of the US special forces type).

NZ is a nuclear free zone? What do they think is really happening at Rotorua?
  don_dunstan Oliver Bullied, CME

Location: Adelaide proud
Nuclear submarines is going to put a rocket up Uncle Xi. Expect some serious consequences from this decision...
  Aaron The Ghost of George Stephenson

Location: University of Adelaide SA
Nuclear submarines is going to put a rocket up Uncle Xi. Expect some serious consequences from this decision...
don_dunstan
He can just be told where to go, it's not as though China don't have nuclear submarines (they're smeg ones, but they've got them all the same), frankly, right now, he needs to be more concerned about the Japanese and their awesome Soryu, they'll drop his nuclear sub fleet to the sand before the Chinese even know where they are. Incidentally, Australia should have just bought the Soryu 'off the shelf' from them instead of that stupid Naval project that Sean Costello smeg us with.
  YM-Mundrabilla The Ghost of George Stephenson

Location: Mundrabilla but I'd rather be in Narvik
I thought NZ was suspended from ANZUS because their military got down to single digit numbers of members and a trained seal (not quite of the US special forces type).

NZ is a nuclear free zone? What do they think is really happening at Rotorua?
Aaron
Heads down a volcano.
  don_dunstan Oliver Bullied, CME

Location: Adelaide proud
The iron ore price is in free-fall, today down to AU$107 and its almost halved in the last month. Also interesting to note that China's largest property developer (Evergrande) has gone into a trading halt pending a restructure - unknown what the CCP will do with the company at this point but its expected that investors will take some huge losses.

Huge debts in China particularly off-sheet unofficial local government borrowings emerging as a key problem.
  BrentonGolding Chief Commissioner

Location: Maldon Junction
The iron ore price is in free-fall, today down to AU$107 and its almost halved in the last month. Also interesting to note that China's largest property developer (Evergrande) has gone into a trading halt pending a restructure - unknown what the CCP will do with the company at this point but its expected that investors will take some huge losses.

Huge debts in China particularly off-sheet unofficial local government borrowings emerging as a key problem.
don_dunstan
Iron Ore through the floor, Coal through the roof. She'll be right cobber!

Mark McGowan and his ballistic budget surplus might take a hit though, not a lot of the ol' King Coal exported out of WA Smile
  don_dunstan Oliver Bullied, CME

Location: Adelaide proud
The iron ore price is in free-fall, today down to AU$107 and its almost halved in the last month. Also interesting to note that China's largest property developer (Evergrande) has gone into a trading halt pending a restructure - unknown what the CCP will do with the company at this point but its expected that investors will take some huge losses.

Huge debts in China particularly off-sheet unofficial local government borrowings emerging as a key problem.
Iron Ore through the floor, Coal through the roof. She'll be right cobber!

Mark McGowan and his ballistic budget surplus might take a hit though, not a lot of the ol' King Coal exported out of WA Smile
BrentonGolding
Miners taking a big whack on the ASX today. Fortescue has had a terrible day, a lot of key staff have resigned in the last week apparently having seen the writing on the wall for iron ore in the short term. They're leaving the industry while the going is good.

Coal - especially coking coal - won't be immune from the slump in the longer term either. China is making a concerted effort to slow down steel production (especially exports) in order to boost the price.
  BrentonGolding Chief Commissioner

Location: Maldon Junction
Miners taking a big whack on the ASX today. Fortescue has had a terrible day, a lot of key staff have resigned in the last week apparently having seen the writing on the wall for iron ore in the short term. They're leaving the industry while the going is good.

Coal - especially coking coal - won't be immune from the slump in the longer term either. China is making a concerted effort to slow down steel production (especially exports) in order to boost the price.
don_dunstan
The coal price spike is expected to be temporary and the volumes are down on years past but thermal coal is high as well as coking coal on the back of increased demand for energy as other nations come out of lockdown
  YM-Mundrabilla The Ghost of George Stephenson

Location: Mundrabilla but I'd rather be in Narvik
Was the 'Attack' class submarine name deliberately chosen to be offensive or was the name just a 'creeping assumption'?
  speedemon08 Mary

Location: I think by now you should have figured it out
The iron ore price is in free-fall, today down to AU$107 and its almost halved in the last month. Also interesting to note that China's largest property developer (Evergrande) has gone into a trading halt pending a restructure - unknown what the CCP will do with the company at this point but its expected that investors will take some huge losses.

Huge debts in China particularly off-sheet unofficial local government borrowings emerging as a key problem.
don_dunstan
Investors are holding the CEO hostage in China apparently from some WeChat photo leaks....

  don_dunstan Oliver Bullied, CME

Location: Adelaide proud
The contagion has hit other Chinese property related stocks today - another Chinese property developer (SINIC) has fallen 87% on the stock exchange today and was suspended to stop it falling further.

The curse of interesting times...
  303gunner Chief Train Controller

Was the 'Attack' class submarine name deliberately chosen to be offensive or was the name just a 'creeping assumption'?
YM-Mundrabilla
Neither.

The RAN, like many other navies, re-uses names of previous ships. The previous HMAS Attack was the class leader of a series of Patrol Boats (Surface vessels, not Subs). These 21 patrol boats were introduced in the late '60s and phased out during the '80s and '90s, being replaced with the Fremantle Class.

The Attack class Subs were also slated to re-use some other names of vessels from the Attack class Patrol Boats.

HMAS Attack
HMAS Acute
HMAS Adroit
HMAS Advance
HMAS Archer
HMAS Ardent
HMAS Assail
HMAS Arrow
HMAS Aware
HMAS Bombardier
HMAS Bandolier
HMAS Barbette
HMAS Barricade
HMAS Bayonet
HMAS Bombard
HMAS Buccaneer
HMAS Aitape
HMAS Lae
HMAS Ladava
HMAS Madang
HMAS Samarai

No news yet what the new Nuclear subs are to be called.
  Aaron The Ghost of George Stephenson

Location: University of Adelaide SA
Was the 'Attack' class submarine name deliberately chosen to be offensive or was the name just a 'creeping assumption'?
Neither.

The RAN, like many other navies, re-uses names of previous ships. The previous HMAS Attack was the class leader of a series of Patrol Boats (Surface vessels, not Subs). These 21 patrol boats were introduced in the late '60s and phased out during the '80s and '90s, being replaced with the Fremantle Class.

The Attack class Subs were also slated to re-use some other names of vessels from the Attack class Patrol Boats.

HMAS Attack
HMAS Acute
HMAS Adroit
HMAS Advance
HMAS Archer
HMAS Ardent
HMAS Assail
HMAS Arrow
HMAS Aware
HMAS Bombardier
HMAS Bandolier
HMAS Barbette
HMAS Barricade
HMAS Bayonet
HMAS Bombard
HMAS Buccaneer
HMAS Aitape
HMAS Lae
HMAS Ladava
HMAS Madang
HMAS Samarai

No news yet what the new Nuclear subs are to be called.
303gunner
No reason we couldn’t still use the same class and individual boat names.

It’s not as though the diesel boats even got so far as a completed design, there’ll be no confusion.

Maybe we can just call them the class leader Attack, then name the rest of them after Chinese locales.

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