Hong Kong has lost ground to regional rival Singapore, according to a Financial Times analysis of real estate prices, air traffic and other indicators, underlining the challenge the Chinese territory faces as it reopens to the world after years of pandemic controls.

Chinese Government: Really Out of Money! Peculiar Urban Investment Bonds & Wave of Unpaid Wages

https://youtu.be/Xzu7KqABXzs

GDP could be fake. Cash flow is the most important.

Catch all the oversea evil agents. Great job.

Manhattan Chinatown office building hid Chinese 'secret police station' - prosecutor

https://youtu.be/hzgEdyImtHw

CCP talking always different form doing. very evil.

Two arrested for running Chinese 'secret police station' in NY
https://youtu.be/hzgEdyImtHw

Posted by foongsh > 12 minutes ago | Report Abuse

voting by feet to join CCP only talking siok sendiri only. Cheap lip service crying father crying....

As I told you that joker now talking about coming back to Malaysia and forgot he said going back to CCP and join them.

Unbelievable! You won't Believe how Western Tanks Are about to Turn the Tide of War in Ukraine!

https://youtu.be/mRhK779wg5s

Russia's spending jumped 34% in 1Q to 8.1 trillion rubles, or $99 billion, amid the Ukraine war.
However, energy revenues plunged 45% to 1.6 trillion rubles due to boycotts and sanctions.
As a result, Russia posted a deficit of 2.4 trillion rubles in the first quarter of 2023.

Posted by foongsh > 8 minutes ago | Report Abuse

Very bad jobless.

Those who crying father crying mother still oversea and not returning to help. Why no voting with his feet still talking empty here ? Be a good Chinese back to join CCP.

Very angry, frustrated, anxiety, fear. Because you know this is the truth and you can't change it. You don't admit it this is your choice. crying father crying mother ... very pity

Very angry, frustrated, anxiety, fear. Because you know this is the truth and you can't change it. You don't admit it this is your choice.

China Is Gripped By Unprecedented Fear Of A Financial Crisis

https://youtu.be/NnAU00EDr8A

Very angry, frustrated, anxiety, fear. Because you know this is the truth and you can't change it. You don't admit it this is your choice.

Your ancestor not a communist.

If you want to talk about the chips and you don't know Nvidia and TSMC. Better keep quiet on the semi conductor industry.

Deep learning
Nvidia GPUs are used in deep learning, and accelerated analytics due to Nvidia's API CUDA which allows programmers to utilize the higher number of cores present in GPUs to parallelize BLAS operations which are extensively used in machine learning algorithms.[7] They were included in many Tesla vehicles before Elon Musk announced at Tesla Autonomy Day in 2019 that the company developed its own SoC and full self-driving computer now and would stop using Nvidia hardware for their vehicles.[123][124] These GPUs are used by researchers, laboratories, tech companies and enterprise companies.[125] In 2009, Nvidia was involved in what was called the "big bang" of deep learning, "as deep-learning neural networks were combined with Nvidia graphics processing units (GPUs)".[126] That year, the Google Brain used Nvidia GPUs to create Deep Neural Networks capable of machine learning, where Andrew Ng determined that GPUs could increase the speed of deep-learning systems by about 100 times.

Very angry, frustrated, anxiety, fear. Because you know this is the truth and you can't change it. You don't admit it this is your choice.

Semiconductor Manufacturing International Corp, China's largest chip maker, warned in February that mass production at its new US$7.6 billion plant in Beijing could be postponed by one to two quarters owing to difficulties in obtaining equipment.

Very pity.

Last October, the Bureau of Industry and Security, an agency under the US Department of Commerce, significantly escalated those restrictions with an update that also targeted China's ability to develop and maintain supercomputers and manufacture advanced semiconductors used in military applications, including weapons of mass destruction.

The US has also reportedly reached an agreement with Japan and the Netherlands in January to coordinate on export controls against China covering certain chip-making equipment, such as ArF Immersion deep ultraviolet lithography machines.

Semiconductor Manufacturing International Corp, China's largest chip maker, warned in February that mass production at its new US$7.6 billion plant in Beijing could be postponed by one to two quarters owing to difficulties in obtaining equipment.

While young Chinese people struggle to find work, the CCP is starting a new "Cultural Revolution."
https://youtu.be/eK3_H5K8-S0

Tokyo and Washington have warned about the risk of "economic coercion," and G7 ministers are expected to pledge measures to counter attempted supply distortions.

Japan recently joined the Netherlands and United States in announcing export controls for chip equipment, a move seen as targeting China, which has called for a WTO review.

The two-day meeting will also tackle international crises from the Taliban's continuing grip on Afghanistan to the ruling military junta's latest attacks in Myanmar, along with space and cybersecurity and disinformation.

It is seen as setting the stage for the leaders' summit in Hiroshima this May.

Security in Karuizawa, west of Tokyo, will be particularly tight after an explosive was thrown Saturday at a campaign event featuring Kishida, who escaped unharmed.

"They don't want to overcommit, they want to maintain some freedom of maneuver."

So while China will be a top priority, consensus will be easier to find for the grouping on Ukraine, with their final statement likely to again demand Russia's immediate withdrawal and pledge continued support for Kyiv.

The bloc has jointly imposed significant sanctions on Russia, with Japan going further than before to join its allies in punishing Moscow for the invasion.

That makes it unlikely the meeting will produce substantive new measures, though promises to support war-crimes prosecution, as well as fresh expressions of concern on nuclear saber-rattling by Russia are probable.

Both Russia's invasion and growing concerns about China have put renewed focus on the issue of economic security and the urgent need to diversify supply chains for everything from energy to semiconductors.

ut there will be renewed focus on the grouping's language after recent comments by French President Emmanuel Macron.

His insistence, after a trip to Beijing, that Europe should avoid "crises that aren't ours" has raised eyebrows and ire among Paris's allies, while delighting Chinese officials.

Paris has worked to temper the reaction, insisting France's views have not changed, and most observers expect the group to reiterate previous positions warning China against "changing the status quo by force."

'Freedom of maneuver'

Still, Macron's comments expose a reality for the group — Japan, the United States, Britain, Canada, France, Italy, Germany and the European Union — said Paul Nadeau, adjunct professor of political science at Temple University's Japan campus.

"Each member of the G7 still wants a bit of autonomy in the way they pursue their relationship with China," he told Agence France-Presse.

Japan's Prime Minister Fumio Kishida, whose government has revamped defense policy and spending in the face of growing Chinese power, has repeatedly warned "Ukraine today could be East Asia tomorrow."

"Japan's basic position... on Ukraine is that the security of Europe and that of the Indo-Pacific cannot be discussed separately," a Japanese government official said ahead of the talks. "They are intertwined with each other."

The G7 has regularly warned China against attempts to seize Taiwan, and individual members have sounded the alarm in recent days.

"A military escalation in the Taiwan Strait... would be a horror scenario for the entire world," German Foreign Minister Annalena Baerbock said this Friday in Beijing.

KARUIZAWA, Japan: The G7's top diplomats arrive Sunday in the Japanese resort town of Karuizawa for talks set to be dominated by twin crises: China's growing pressure on Taiwan, and Russia's war in Ukraine.

There will be no shortage of diplomatic and security challenges to discuss, but recent regional events are likely to sharpen the focus on Asia.

The meeting comes days after China concluded major military drills around self-ruled Taiwan, and with Beijing barring ships from an area north of the island on Sunday.

On Thursday, North Korea launched what it said was a new solid-fuel intercontinental ballistic missile, just the latest in a stepped-up barrage of tests that have rattled nerves.

As this year's host, Tokyo is keen to ensure regional challenges are top of the agenda, and will make clear it believes Russia's invasion of Ukraine only heightens the need for vigilance in Asia.

set up police station oversea very silly and evil.

silly. You thought all oversea are communists.

The FBI has arrested two men accused of running a covert station for China’s police force in New York, and using it as a base to track Chinese dissidents living in the US.

‘Common Prosperity’ Fades As China’s Billionaires And Unemployed Poor Proliferate Simultaneously

https://youtu.be/cb7QA-znoVc

The People’s Bank of China reports that the combined domestic debt of corporations, households and the public sector increased last year to a level equivalent to 280 % of GDP (285 trillion yuan or 36 trillion euros), up from 255 % of GDP in 2019. When China’s foreign debt (which the PBoC estimates to be 14.5 % of GDP at the end of June) is included, total debt rises to about 295 % of GDP.

Posted by foongsh > 57 minutes ago | Report Abuse

Unfinished housing development everywhere but no action to settle. very evil. ..

Unfinished housing is everywhere and no action taken.. very evil... homebuyers protest non stop. Police, developer & government all are CCP. Same kind evils bully homebuyers. very evil

The Collective Protest Of Jiangxi Teachers With Banners And White Papers Frightens Authorities

https://youtu.be/lXKQb63Jl_8

Very evil to build so many white elephant project and left so many unfinished property developement without any solution.

Last October, the Bureau of Industry and Security, an agency under the US Department of Commerce, significantly escalated those restrictions with an update that also targeted China's ability to develop and maintain supercomputers and manufacture advanced semiconductors used in military applications, including weapons of mass destruction.

The US has also reportedly reached an agreement with Japan and the Netherlands in January to coordinate on export controls against China covering certain chip-making equipment, such as ArF Immersion deep ultraviolet lithography machines.

Semiconductor Manufacturing International Corp, China's largest chip maker, warned in February that mass production at its new US$7.6 billion plant in Beijing could be postponed by one to two quarters owing to difficulties in obtaining equipment.

China is also facing fewer options for imports as the US has escalated export restrictions on advanced chips - especially those with artificial intelligence applications such a Nvidia's A100 graphics processing unit (GPU) - and the country has ramped up domestic production of semiconductors using mature process nodes.

In the first two months of 2022, China's total volume of chip imports decreased by just 4.6 per cent year on year to 92 billion units, while the total value of imports increased 19.2 per cent. Chinese Customs typically combines trade data for January and February, when trade flows often slow due to the Lunar New Year holiday.

China's IC exports fell 20.9 per cent year on year to 37.3 billion units in the two months, compared with a 0.5 per cent increase in a year ago. The total value of the exports dropped 25.8 per cent.

The latest figures reflect the mounting pressure on China's semiconductor industry as the US seeks to curtail its geopolitical rival's access to and ability to produce advanced chips and chip-making equipment.

Tech war: China's chip imports slump 27 per cent in the first 2 months of 2023 as US sanctions bite

China's chip imports slumped 27 per cent in the first two months of 2023 by volume, according to China's customs data published on Tuesday.

China imported 67.6 billion integrated circuits (IC) in January and February, down 26.5 per cent from the same period last year, according to data released by the General Administration of Customs. The drop was steeper than the 15.3 per cent decline recorded for all of 2022, which was the country's first annual fall in IC imports in two decades.

The total value of the imports also tumbled 30.5 per cent to US$47.8 billion, down from US$68.8 billion last year. Chip prices are down this year owing to a supply glut and a slowing global economy, a reversal from a year ago when prices were still rising as the market recovered from the 2021 chip shortage.

Not only that, the Russian central bank also issued a report warning importers and exporters of the risk of switching to RMB settlement.

On April 10, the Research and Forecasting Department of the Central Bank of Russia released the report "Review of Russia's Financial Sector and Financial Instruments", publicly pointing out that under Western sanctions, changing the settlement structure of Russian export companies and adjusting the composition of counterparties cannot eliminate currency risks , if the old contract of "unfriendly" currency can be preserved, such contract can be strengthened by the central bank "encouraging" exporters.

The report puts forward the reasons. First, there are risks in the transition to RMB settlement, because the RMB or the currencies of friendly countries (referring to Russian allies) are usually not convertible or have limited convertibility; second, there is a lack of hedging tools, especially the characteristics of the currencies of "friendly countries" However, the volatility is high. Compared with the traditional "unfriendly national currency" market, the derivatives market for friendly national currencies such as the RMB is often less developed, which makes it difficult to hedge the risk of friendly national currencies.

As a result, Russia has been selling its yuan and buying Western currencies this year.

Dollar incense! Russian central bank ridiculed: Renminbi is not freely convertible, there is a risk

[Financial Channel/Comprehensive Report] China is promoting the internationalization of the RMB, claiming to overthrow the hegemony of the US dollar, and signing local currency settlements with many countries, but it was brutally beaten by its friend Russia. The Central Bank of Russia issued a report to remind importers and exporters that RMB is not freely convertible and lacks hedging tools, so they should use RMB for settlement.The Russian central bank bluntly stated that the renminbi cannot be freely converted and lacks hedging tools, and switching to renminbi settlement will face risks.

With perceptions that there have been multiple incursions into the South China Sea by the PRC (China), with land, islands and resources all having had previous overlapping claims between Vietnam, Philippines, Malaysia, Brunei, Indonesia, and various other countries, the PRC claim into the region is seen as intrusive by many Southeast Asian countries as of 2022, potentially a reflection of the threat of Chinese expansionism into the region. The infamous 9-dash line claimed by the People's Republic of China (PRC). ASEAN sought for a more unified response against what it perceived to be Chinese penetration and hegemony into the region. There have been attempts to counterbalance this sway by attempting to align with other military alliances such as the nations in the Quadrilateral Security Dialogue (QUAD).

CCP passed a law in January 2021 allowing its coast guard to fire on foreign vessels, causing greater concern amongst ASEAN states. It is considered that the Cham people, an Austronesian people indigenous to Central and South Vietnam, were the "ancient rulers of the South China Sea", having had conducted extensive trade and maritime routes throughout the Southeast Asian region.

ASEAN regularly engages other countries in the Asia-Pacific region and beyond. A major partner of UN, SCO, PA, GCC, MERCOSUR, CELAC, and ECO, ASEAN maintains a global network of alliances and dialogue partners and is considered by many as a global powerhouse, the central union for cooperation in Asia-Pacific, and a prominent and influential organization. It is involved in numerous international affairs, and hosts diplomatic missions throughout the world. The organization's success has become the driving force of some of the largest trade blocs in history, including APEC and RCEP.

Global supply chain restructuring in India.

ASEAN's primary objectives are to accelerate economic growth by loosening restrictions on goods, services and capital within the internet market and through that advance cultural, economical and social progress and development. A secondary objective was to promote regional peace and stability as a combined force based on the rule of law and the principles of the UN Charter. With some of the fastest growing economies in the world, ASEAN has broadened its objective beyond the economic and social spheres. In 2003, ASEAN moved along the path similar to the European Union (EU) by agreeing to establish an ASEAN community that consists of three pillars: the ASEAN Security Community, the ASEAN Economic Community, and the ASEAN Socio-Cultural Community. The ten stalks of rice in the ASEAN flag and insignia represents the ten Southeast Asian countries bound together in solidarity.

ASEAN officially the Association of Southeast Asian Nations, is a political and economic union of 10 member states in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration between its members and countries in the Asia-Pacific. The union has a total area of 4,522,518 km2 (1,746,154 sq mi) and an estimated total population of about 668 million, containing approximately 8.5 per cent of the world population in 2021. ASEAN generated a purchasing power parity (PPP) gross domestic product (GDP) of around US$10.2 trillion in 2022, constituting approximately 6.5 per cent of global GDP (PPP).

Africa experiences extremely high levels of violence and conflict. Although the end of the Cold War has seen democratisation and peace agreements in Africa, it has also led to new types of violence and the rise of private military companies. This has called for new measures to promote security in the area.

With over 6 million forcibly displaced people, the DRC has at least a third more displacement than any other country in Africa.

South Sudan has nearly 4 million people forcibly displaced out of a total population of 11 million, making it the African country with the highest proportion of its population displaced. South Sudan is also distinctive in that the majority of its forcibly displaced are refugees and asylum seekers, living mostly in Uganda, Sudan, and Ethiopia.

Ethiopia saw the largest jump in size of its forcibly displaced population in the past year with an estimated 1.8 million people dislocated due to the conflict in Tigray. Ethiopia simultaneously hosts over 800,000 refugees from surrounding countries.

Nigeria faces a range of destabilizing security threats. In the North East region, violent attacks by Boko Haram and the Islamic State in West Africa have resulted in the displacement of 2.5 million Nigerians. Kidnappings, extortion, and organized criminal attacks in the North West have displaced an additional 800,000 people.

Sudan, with 2.5 million of its own internally displaced, is also hosting 1.1 million refugees, mostly from South Sudan and Eritrea.

Burkina Faso has experienced an explosion in its forced displacement crisis as a result of a militant Islamist group violence originating in Mali. Its 1.2 million displaced population represents a nine-fold increase from 2019.

Mozambique, the only southern African country facing a major displacement crisis, saw a tripling in its displaced population. A violent insurgency in the north by Ahlu Sunnah wa Jama'a (ASWJ) has resulted in the number of displaced increasing from 211,00 to 668,000 people in the past year.

Posted by foongsh > 5 minutes ago | Report Abuse

hose corrupted leaders will be punished by their people, once government change hand..

Those countries choose to have war will be abandoned until they wake up.

Posted by foongsh > 1 hour ago | Report Abuse

7. Armed conflict and peace processes in sub-Saharan Africa

There were at least 15 countries with active armed conflicts in sub-Saharan Africa in 2019:

Africa internal wars non stop, all their white elephant projects have no return fallen into bad debt traps. India & ASEAN countries are rising, global supply chain restructuring focus here.

The vicious cycle: from tofu-dreg projects to rotten-tail buildings to the gradual economic collapse

https://youtu.be/jaxgySOHhOE

The People’s Bank of China reports that the combined domestic debt of corporations, households and the public sector increased last year to a level equivalent to 280 % of GDP (285 trillion yuan or 36 trillion euros), up from 255 % of GDP in 2019. When China’s foreign debt (which the PBoC estimates to be 14.5 % of GDP at the end of June) is included, total debt rises to about 295 % of GDP. Due to the covid crisis and related measures, the debt-to-GDP ratios of many countries increased significantly last year.

Posted by foongsh > 29 seconds ago | Report Abuse

7. Armed conflict and peace processes in sub-Saharan Africa

It is safer invest in India & ASEAN Countries, they are in rise.