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China sends several warplanes, navy ships toward Taiwan after US-China talks

1LoverofGod

Well-known
Taiwan's defense ministry announced on Saturday that over 30 Chinese warplanes were headed toward its country, in addition to navy ships.

Thirty-three aircraft were sent by the Chinese People’s Liberation Army from 6 a.m. Friday to 6 a.m. Saturday, officials said. The aircraft included SU-30 fighters.

Six Chinese navy vessels were also headed to Taiwan, and 13 of China's warplanes crossed the median of the Taiwan Strait. According to the Associated Press, Taiwanese officials are currently monitoring the situation.

Saturday's development happened shortly after Senior U.S. National Security Adviser Jake Sullivan and Chinese Foreign Minister Wang Yi agreed to meet in Bangkok. Sullivan announced the end of the talks on X Saturday evening.

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Right now they are in a massive money pit- 6 TRILLION US dollars in losses. Trump seems likely to win the elections and if they wish to move on Taiwan, now is the time. War is a good distraction for any govt caught in a financial mess. BBC reports a 6 Trillion dollar loss for China and Hong Kong (owned and operated by China)

China tightens stock market rules after sell-off

"China has tightened its financial industry rules as the government tries to halt a deepening sell-off in the world's second largest economy.

Nearly $6tn (£4.7tn) has been wiped off Chinese and Hong Kong stocks since their most recent peak three years ago.

The China Securities Regulatory Commission (CSRC) says the measures will create "a fairer market order".

Under the new rules limits will be put on so-called "short-selling" from Monday.

Short selling is when a trader bets that a share or other asset will fall in value. They borrow the asset and sell it immediately with the aim of buying it back later at a lower price and keeping the difference.


Defenders of short selling say it can play an important part in financial markets, by helping find the true value of an asset.

However, some critics see short selling as a ruthless trading strategy that undermines companies.

The latest announcement by the CSRC comes after a series of informal measures introduced by the regulator over the last year did little to shore up financial markets.


The CSRC said that following "a complete suspension of the lending of restricted stocks", which takes effect today, further limitations on securities lending will be introduced from 18 March."

Since Xi and his govt presided over this slow rolling (at first) economic tsunami, it is highly unlikely they will be able to order their slaves and lackeys to make it better. If that approach worked, they'd have turned it around by now.

It's just a matter of time before the crisis catches up with the govt of China and Xi their leader. He will attempt to deflect criticism at home by increasing the war talk and manoeuvres. If the plague his scientists are working on is unleashed, chances are it will hit hard in China first just like last time when Wuhan was ground zero.

Even though this might mean war with China, China is at war with it's own inability to allow a free market economy based on solid property rights. They are a house of cards and always have been. They were propped up by the Western appetite for cheap goods made in Chinese sweat shops and slave labour camps. That bonanza began to falter during the Covid pandemic when factories were shut down and companies moved and diversified their manufacturing.

This reminds me of the fall of the USSR. Sooner or later as Maggie Thatcher famously observed "Socialism (and communism) works until you run out of other people's money!"

Whether the financial fall and ruin of China will come in time to save Taiwan is anyone's guess.
 
Right now they are in a massive money pit- 6 TRILLION US dollars in losses. Trump seems likely to win the elections and if they wish to move on Taiwan, now is the time. War is a good distraction for any govt caught in a financial mess. BBC reports a 6 Trillion dollar loss for China and Hong Kong (owned and operated by China)

China tightens stock market rules after sell-off

"China has tightened its financial industry rules as the government tries to halt a deepening sell-off in the world's second largest economy.

Nearly $6tn (£4.7tn) has been wiped off Chinese and Hong Kong stocks since their most recent peak three years ago.

The China Securities Regulatory Commission (CSRC) says the measures will create "a fairer market order".

Under the new rules limits will be put on so-called "short-selling" from Monday.

Short selling is when a trader bets that a share or other asset will fall in value. They borrow the asset and sell it immediately with the aim of buying it back later at a lower price and keeping the difference.


Defenders of short selling say it can play an important part in financial markets, by helping find the true value of an asset.

However, some critics see short selling as a ruthless trading strategy that undermines companies.

The latest announcement by the CSRC comes after a series of informal measures introduced by the regulator over the last year did little to shore up financial markets.


The CSRC said that following "a complete suspension of the lending of restricted stocks", which takes effect today, further limitations on securities lending will be introduced from 18 March."

Since Xi and his govt presided over this slow rolling (at first) economic tsunami, it is highly unlikely they will be able to order their slaves and lackeys to make it better. If that approach worked, they'd have turned it around by now.

It's just a matter of time before the crisis catches up with the govt of China and Xi their leader. He will attempt to deflect criticism at home by increasing the war talk and manoeuvres. If the plague his scientists are working on is unleashed, chances are it will hit hard in China first just like last time when Wuhan was ground zero.

Even though this might mean war with China, China is at war with it's own inability to allow a free market economy based on solid property rights. They are a house of cards and always have been. They were propped up by the Western appetite for cheap goods made in Chinese sweat shops and slave labour camps. That bonanza began to falter during the Covid pandemic when factories were shut down and companies moved and diversified their manufacturing.

This reminds me of the fall of the USSR. Sooner or later as Maggie Thatcher famously observed "Socialism (and communism) works until you run out of other people's money!"

Whether the financial fall and ruin of China will come in time to save Taiwan is anyone's guess.
Yep and to add to this :

Evergrande collapses into liquidation over $498 billion debt default​

After a painful two year struggle to survive, the firm has collapsed with debts numbering in the hundreds of billions of dollars.

Embattled Chinese property juggernaut Evergrande has plunged into liquidation years after it racked up debt in the hundreds of billions of dollars.
A Hong Kong court ordered the company to go into liquidation on Monday afternoon AEDT.

 
With wars and rumors of wars, the world seems to be a tinder box, and one misplaced spark could set it all off.

China knows its now or never to move against Taiwan.

Biden will be forced by immense public pressure to deal with the Houtis and Iran.

Israel will not bow down to pressure from just about every major country.

Russia may finally win its war, and then look towards Israel.

Now is a bad time to come off any anxiety meds………
 
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