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2 comment(s). Last comment by Tobby 2022-05-25 00:32
Posted by Tobby > 2022-05-25 00:31 | Report Abuse
There are so many version of why Chairman Xi insist on lockdowns! Of course by now, the rest of the world has opted to live with Covid after vaccination exercise! And antiviral is now available to treat those who are infected!
Basically, Covid is here to stay!
I won't touch on why China still using lockdown as method of curbing Covid! Rather, the reality is that, it's not working! And it's has adverse impact on local and international economy if extend beyond one month!
One month is the maximum for lockdown! Going beyond that is futile! If you cannot control the spread within a month, then why bother! The other better option is mass vaccination! Of which Shanghai and Beijing and other China cities should already achieve full vaccination status long time ago!
There's a whisper that China vaccines are useless! Which why Chairman Xi gone for lockdowns! Somewhat there's a truth in this version!
The other many version is that, Chairman Xi is reinforcing obedience and loyalty towards CCP! Those who can't stand the lockdowns will be prosecuted!
But what is more worrying is that, this lockdowns also effect China progress going forward!
Many talented chinese China may flee from China because of the uncertainty! I mean, would you waste your talent on lockdowns! Or move to open society where you talent will be rewarded!
If this lockdowns continue, then China may lose alot of talents! And economically, China is not looking good right now!
This is a self inflicted disaster for China and perhaps CCP existence itself!
Posted by Tobby > 2022-05-25 00:32 | Report Abuse
If Chairman Xi is replace with Premier Li this September meeting, then Chairman Xi can only blame himself! CCP will distant this failure as Chairman Xi sole unilateral decision!
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CPO price is rising rapidly as shown by chart below - Koon Yew Yin
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Axcapital's investment blog
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Mercury Securities Research
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BFM Podcast
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BFM Podcast
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Tobby > 2022-05-25 00:22 | Report Abuse
Investment!