Posted by qqq47660 > 2023-03-19 09:55 | Report Abuse

It's a Western narrative base on lies and deceptions

Posted by qqq47660 > 2023-03-19 09:57 | Report Abuse

Full spectrum democracy China focus on well being of citizens and country.... including economy, peace, stability, housing, food, health, education, infrastructure, equality, environment, happiness.

Posted by IDQWE001 > 2023-03-19 15:31 | Report Abuse

I rather listen to local China people than Malaysian red army cina man.

Posted by qqq47660 > 2023-03-19 19:23 | Report Abuse

It's already 2023, beginning of the end of Anglo hegemony

Posted by IDQWE001 > 2023-03-19 21:42 | Report Abuse

UN, NATO & AUKUS destroy power crazy dictators evil axis.

Posted by qqq47660 > 2023-03-19 22:42 | Report Abuse

Peace and prosperity will win the world not anglos, not guns not subs, not NATO
.......and not biden.

Posted by qqq47660 > 2023-03-19 22:44 | Report Abuse

Saudi Arabia Iran together with Africa, middle east, central Asia, Latin America and whole of global south will join Brics+ and prosper.

Posted by qqq47660 > 2023-03-19 22:45 | Report Abuse

The future belongs to brics +

Posted by IDQWE001 > 2023-03-19 22:54 | Report Abuse

UN, EU, NATO & AUKUS contributed 60% with supply chain realignment ASEAN will join. Total GDP 80% will defeat power crazy dictators evil axis.

Posted by qqq47660 > 2023-03-20 12:30 | Report Abuse

we can see how out of step with reality is the anglo world.

Posted by StartOfTheBull > 2023-03-20 12:40 | Report Abuse

When Anglo world is strong, more Asian become slaves.

Posted by qqq47660 > 2023-03-20 13:07 | Report Abuse

Creating enemies creating wars, that is what the anglos have been doing for years

Posted by qqq47660 > 2023-03-20 13:17 | Report Abuse

The global south has an alternative, it's call the Brics+

Posted by qqq47660 > 2023-03-20 13:18 | Report Abuse

This alternative is something not available before

Posted by qqq47660 > 2023-03-20 13:20 | Report Abuse

Slowly but surely it's from petro dollar to petro yuan or petrol some thing other than USD.

Posted by IDQWE001 > 2023-03-20 14:06 | Report Abuse

Why Yuan Won’t Replace Dollar as Reserve Currency

the dollar is soaring as consumer spending hits a six-year high and the Feds plans to ease out its stimulus plan.

When Americans spend the US economy gets stronger, as shown in this article why buying stuff is good for the country and stashing cash under your bed is bad.

To be clear, and to the credit of the CNBC report, the dollar is still the major reserve currency. It holds 62% of the world’s aggregated reserve currency. In short, most of the central banks in other countries hold a lot of dollars for the capital market.

The yuan is not even among the next top four reserve currencies: the euro, yen, pound sterling, and Swiss franc.
How many people truly understand the dynamics behind the yuan? Maybe as many as the 35 members of China’s State Council.

The lack of transparency will be the main drawback against the yuan. Stability is the biggest factor why countries gravitate to the dollar, which has not been devalued ever.

The yuan, on the other hand, is tightly controlled by China, even as Western countries led by the US call for more liberalization of the yuan.

As late as last April, China was insisting on market interventions, sprucing up the yuan to avoid a disruption as the world’s second largest economy shifts from export dependence to domestic consumption.

In short, the yuan is yet to grow up, an infant that is vulnerable without the nanny government. Compare that to the dollar, which is a full-grown adult that can confidently walk in the rough streets of open markets.

Expecting China to loosen its grip on the yuan is like hoping for its Politburo to hold democratic elections soon.

Posted by IDQWE001 > 2023-03-20 14:07 | Report Abuse

The UN Population Division and Goldman Sachs predicted in 2011 that Chinese middle class will be four times larger than the American middle class population by 2030. Sure, but it is not because Americans are getting poorer; the Chinese are just getting richer. And middle class people seem to think along the same line. They want assurance from their leaders.

The political silver lining (for the US) in the rise of China’s middle class is that as they accumulate more power, they will challenge their Politburo, the main authority in China.

The uncertainty of this situation will likely pressure many rich middle class Chinese to invest in a more transparent environment like the US, not unlike the substantial migration of investments that happened from Hong Kong to Canada before the colony was handed to the mainland in 1997.

Yet another simmering issue for China is that most of its middle class are concentrated on the few, rich cities. How much stress these cities can take—we’ve seen the severity of Beijing’s air pollution—we can only imagine.

Compare that to the American middle class who are fairly spread out across the country, the opportunity to create dynamic pools of economic activities in more places is one of the country’s unrecognized but true economic strengths.

Money-wise, the rising middle class in China will spill over to the US economy. More Chinese are likely to spend in the world’s number one biggest economy (makes sense) and more US companies will sell more in world’s second biggest economy, China.

These political, demographics and economic factors only add, not subtract, to the strength of the US economy.

The yuan is already being traded directly between China and two other countries: Australia and Japan. That means, both countries do not need US dollars to trade with China.

Does it mean the yuan is gradually encroaching into the dollar reserves of other countries? Yes and no. The encroaching only goes as far as the bilateral trade between China and that other country.

In world trade, the US will exert friendly pressure to maintain the dollar as the exchange currency, and the rest of the world other than perhaps North Korea, Iran, and China will not likely mind.

A Bloomberg report last February seemed ominous: China’s total trade in goods of $3.87 trillion barely surpassed the US $3.82 trillion. It is a first when taken at face value. But the significance is easily lost when services trade is cost in; the US total trade jumps to $4.93 trillion with a surplus of $195.3 billion in that sector.

Manufacturing is China’s main strength, but world trade also involves a big chunk of financial, science, intellectual property, and information technology trade among others. For the yuan to replace the dollar in world trade, China has to go past making cheap products, it seems.

Yes, China is embarking in infrastructure development, exporting its construction and engineering to mostly developing countries. But that’s a long road to take and one that will face stiff competition from the US apart from the other reasons we mentioned above.

The world’s reserve currency had always gravitated to the country or empire that dominated its neighbors. The ancient Greece’ silver drachma, the Roman-issued coins, the Byzantine’s gold solidus, and the Arabian dinar were some of the dominant currencies during their respective ancient reigns.

In modern history, the Spanish silver coin and the British Empire’s pounds had exerted their influence across the globe.

There is one underlying common thread among these past reserve currencies: they are distributed mainly across their empires, an unstable grouping of colonies and conquered markets. This means that their reserve currency was dependent on their ability to maintain their empires; once their empire lost power, so did their currency.

That exactly what happened to these empires, as when Britain lost most of its colonies after the Second World War, just when the dollar took over.

As for the dollar, the landscape cannot be farther from the historical trend. The US dollar is built on the strength of a single, solid market of Americans who buy and sell stuff. That’s a huge starting point; add to that the collective historical, cultural, and political ties of the Western countries to the US.

Perhaps it is a historical first that a universal currency is being used by the largest pool of consumers who belong to a country, and more importantly, who will defend this country from outside threats.

The US dollar sits on a solid bedrock of its over 310 M population, while the yuan is spread across 1.3 B Chinese who will start demanding more rights from their government as they get richer.

Will the dollar dissipate from being a world reserve currency as the sterling pound soon? Only as probable as California declaring war on Nevada.

Posted by qqq47660 > 2023-03-20 17:00 | Report Abuse

I could not imagine a Malaysian can swallow so much rubbish.

Posted by IDQWE001 > 2023-03-20 17:14 | Report Abuse

Malaysian red army cina man a real rubbish just ignoring the facts.

Posted by xiaoeh > 2023-03-20 17:16 | Report Abuse

Posted by qqq47660 > 3 days ago | Report Abuse
China has a good record.......................america's record is a war country

Soon you will realize CCP is no better than America.
CCP doesn't personally go into war but secretly. See how CCP support Russia through providing them weapons and rationalize invasion through propaganda brain wash human's minds.
Btw QQQ, do not mix up China Civilian with CCP, they are totally two different group of people.

Posted by xiaoeh > 2023-03-20 17:20 | Report Abuse

One is up hold China 2000 years of wisdom and trying to live with the wisdom where the other is denied it and created their own ideology.

Posted by qqq47660 > 2023-03-20 17:24 | Report Abuse

its call CPC in China...............and CPC is the governing party and people is One not two.

Posted by xiaoeh > 2023-03-20 17:28 | Report Abuse

Posted by qqq47660 > 9 seconds ago | Report Abuse
its call CPC in China...............and CPC is the governing party and people is One not two

Btw, can China Civilian vote for their own governing party?
If it is not, how can it be one?

Posted by qqq47660 > 2023-03-20 17:36 | Report Abuse

its a multi polar world, anyone who wants peace has to find beauty in multipolarity.

Posted by qqq47660 > 2023-03-20 17:38 | Report Abuse

Btw, can China Civilian vote for their own governing party?
If it is not, how can it be one?
=====

it is one because China is governed by thousands / millions of civil servants with thousands of years of fine traditions of good responsible mandarins............... statecraft of China is the finest in the world.

Posted by qqq47660 > 2023-03-20 17:46 | Report Abuse

it is not China who fabricate lies and starts wars in Iraq, Libya, afganistan, Latin America, Africa etc.

Posted by IDQWE001 > 2023-03-20 17:56 | Report Abuse

Posted by xiaoeh > 32 minutes ago | Report Abuse

One is up hold China 2000 years of wisdom and trying to live with the wisdom where the other is denied it and created their own ideology.

Ans: well Said. CCP original from outsider. There is difference between CCP & Chinese.

Posted by qqq47660 > 2023-03-20 18:14 | Report Abuse

there shall be no peace for as long as there is an America creating lies and creating wars and a unipolar world in a world of so much diversity.

Posted by qqq47660 > 2023-03-20 18:16 | Report Abuse

all the leaders of China are born and bred in China, hugely patriotic.

because America has no control over the leaders of China, these become their sins.

Posted by IDQWE001 > 2023-03-20 18:21 | Report Abuse

n future United Nation, NATO and AUKUS call for better partnerships between governments, multilateral organizations, the private sector, and civil society; and an emergency platform to better prepare for global crises, with stronger global health security.

Posted by IDQWE001 > 2023-03-20 18:25 | Report Abuse

communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society. Communism is thus a form of socialism—a higher and more advanced form, according to its advocates. Exactly how communism differs from socialism has long been a matter of debate, but the distinction rests largely on the communists’ adherence to the revolutionary socialism of Karl Marx.

Like most writers of the 19th century, Marx tended to use the terms communism and socialism interchangeably. In his Critique of the Gotha Programme (1875), however, Marx identified two phases of communism that would follow the predicted overthrow of capitalism: the first would be a transitional system in which the working class would control the government and economy yet still find it necessary to pay people according to how long, hard, or well they worked, and the second would be fully realized communism—a society without class divisions or government, in which the production and distribution of goods would be based upon the principle “From each according to his ability, to each according to his needs.” Marx’s followers, especially the Russian revolutionary Vladimir Ilich Lenin, took up this distinction.

A proven failure system not originated from China.

Posted by qqq47660 > 2023-03-20 18:57 | Report Abuse

Communism is just another word for common prosperity....it's a good word.

Posted by qqq47660 > 2023-03-20 19:10 | Report Abuse

Communism is just another word for common prosperity....it's a good word.

At the end of the day it's results that matters.....in housing, education, health care, infrastructure, in attitude, in environment, all these are measurable

Posted by qqq47660 > 2023-03-20 19:16 | Report Abuse

In Malaysia, the ph government has the right desires, how much they can deliver is unknown and not knowable

Posted by qqq47660 > 2023-03-20 19:19 | Report Abuse

In America the people's welfare is far from their priority....their priority seems to be to contain and suppress China and start wars against so called enemies

Posted by IDQWE001 > 2023-03-20 19:25 | Report Abuse

谁来救救我们啊？经济萧条国企也发不出工资，银行现在连脸都不要了，找不到工作都睡大街，房价暴跌实体店倒闭，从来没想到今年这么惨

https://youtu.be/41BkR2inBSk

Lets listen to local China people voice and not from a fake Malaysian red army cina man.

Posted by IDQWE001 > 2023-03-20 19:29 | Report Abuse

中国韭菜彻底迷茫了，失业潮爆发恶习复燃，无工可打内卷到家，死要面子活受罪，这就是吹牛皮付出的代价，这样下去怎么得了#失业潮 #找工作 #房价暴跌

https://youtu.be/UIB52PM25dI

Posted by qqq47660 > 2023-03-20 19:38 | Report Abuse

The US Congress has a $500 million budget to pay for anti China YouTubers

Posted by IDQWE001 > 2023-03-20 19:59 | Report Abuse

All these videos not for fake Malaysian red army cina man, China platform with only 1 voice is suitable for u.

Posted by qqq47660 > 2023-03-20 20:07 | Report Abuse

America cannot be a good governing model for the world...in fact, it cannot even do well for America

Posted by qqq47660 > 2023-03-20 20:08 | Report Abuse

In fact I like cgtn and I like cctv

Posted by qqq47660 > 2023-03-20 20:23 | Report Abuse

The year now is 2023 the source of inspiration and development and government of the people for the people and by the people for the global south is China

Posted by qqq47660 > 2023-03-20 20:25 | Report Abuse

The growth areas and areas of good governance is to be found in Brics +

Posted by IDQWE001 > 2023-03-20 21:36 | Report Abuse

India will follow US as global supply chain realigment benefit them eg. Apple will assembly in India.

Posted by IDQWE001 > 2023-03-20 21:39 | Report Abuse

Beginning on 5 May 2020, Chinese and Indian troops engaged in aggressive melee, face-offs, and skirmishes at locations along the Sino-Indian border, including near the disputed Pangong Lake in Ladakh and the Tibet Autonomous Region, and near the border between Sikkim and the Tibet Autonomous Region. Additional clashes also took place at locations in eastern Ladakh along the Line of Actual Control (LAC).

In late May, Chinese forces objected to Indian road construction in the Galwan river valley. According to Indian sources, melee fighting on 15–16 June 2020 resulted in the deaths of Chinese and Indian soldiers.Media reports stated that soldiers were taken captive on both sides and released in the coming few days while official sources on both sides went on to deny this.On 7 September, for the first time in 45 years, shots were fired along the LAC, with both sides blaming each other for the firing. Indian media also reported that Indian troops fired warning shots at the PLA on 30 August.

Partial disengagement from Galwan, Hot Springs, and Gogra occurred in June–July 2020 while complete disengagement from Pangong Lake north and south bank took place in February 2021.Following disengagement at Gogra in August 2021, Indian analysts pointed out that the LAC has shifted westwards at patrol point 17A (PP 17A).

Amid the standoff, India reinforced the region with approximately 12,000 additional workers, who would assist India's Border Roads Organisation in completing the development of Indian infrastructure along the Sino-Indian border. Experts have postulated that the standoffs are Chinese pre-emptive measures in responding to the Darbuk–Shyok–DBO Road infrastructure project in Ladakh.China has also extensively developed its infrastructure in these disputed border regions and is continuing to do so.The revocation of the special status of Jammu and Kashmir, in August 2019, by the Indian government has also troubled China.However, India and China have both maintained that there are enough bilateral mechanisms to resolve the situation.This includes multiple rounds of colonel, brigadier, and major general rank dialogue, special representatives' meetings, meetings of the 'Working Mechanism for Consultation and Coordination on China-India Border Affairs' (WMCC),and meetings and communication between their respective foreign and defense ministers. On 12 January 2022, the 14th corps-commander-level meeting at Chushul-Moldo Border Personnel Meeting (BPM) point took place. Following the Galwan Valley skirmish on 15 June, some Indian campaigns about boycotting Chinese products were started.Action on the economic front included cancellation and additional scrutiny of certain contracts with Chinese firms, and calls were also made to stop the entry of Chinese companies into strategic markets in India.By November 2020, the Indian government had banned over 200 Chinese apps, including apps owned by Alibaba, Tencent, Baidu, Sina, and Bytedance.

Posted by IDQWE001 > 2023-03-20 21:41 | Report Abuse

My Videos are those who appreciate and want to find facts. In fact, CCP made thousands of videos in Tik Tok to bad mouth Western per year.

Posted by IDQWE001 > 2023-03-20 21:50 | Report Abuse

India and China having war.

Posted by def147258 > 2023-03-20 22:37 | Report Abuse

Share a good teacher, when I met Glove Stock, it was the teacher who helped me to solve it and helped my stock market slowly recover losses. I hope that retail investors can unite. What good news can be shared together and spent the difficulties together!

Posted by qqq47660 > 2023-03-21 00:58 | Report Abuse

China and India part of brics and coordinating their strategies

Posted by IDQWE001 > 2023-03-21 08:46 | Report Abuse

U can keep on repeating those rubbish but u can't change the facts.