China to lay off five to six million workers, earmarks at least $23 billion

[FAH1223]

Long overdue!

The steel plants are ancient with 1930's technology. They should have shut them down in the 80's and 90's. China already has the latest steel technology. The coal industry is also ancient and polluting.
China is building more nuclear plants and gas from Russia will provide clean fuel. As soon as they come online they will shut down more coal fired plants.

IF things work out as planned, by 2030 Beijing will have better air quality than London, NYC or Tokyo. Till then they have to put up with the smog.

New Delhi is by far the worst air quality on earth. Beijing is a 2nd.

 

[MrSinnister]

Well this is probably at least going down to 8 to pay this debt.

Maybe we can get some balance in some of these commodity markets if they're really serious about cutting capacity like that.

We're fukked if they do that, as the EU is one of their main creditors, and it waters down our debt to them. Plus our importers are fukked, as well as commodities. Hard landing coming to the markets this year.

 

[ChatGPT-5]

This is one of the reasons why I don't trust them in Africa... If they do that to their own, and they come to Amerikkka and treat us like dirt, you already know how they'll treat our brothers and sisters in God's continent.

1. Not sure why I should care about Chinese unemployment

2. Despite popular belief we're not infant children, they act up and get deported, this isn't america where you have no power. They are in OUR country, not the other way around. If Africans act up in China what do they do? so what makes you think we don't do the same? This isn't colonial times bruv, we have full control of our countries. Welcome to 2016

 

[TLR Is Mental Poison]

1. Not sure why I should care about Chinese unemployment

Because a crash in China = a crash in the US. This is just one of many indicators of an impending slowdown.

2. Despite popular belief we're not infant children, they act up and get deported, this isn't america where you have no power. They are in OUR country, not the other way around. If Africans act up in China what do they do? so what makes you think we don't do the same? This isn't colonial times bruv, we have full control of our countries. Welcome to 2016

They are already buying up land/resources and taking our women there. Time and time again we get duped by outsiders.

 

[Serious]

China govt will kill off 5-6 million people before they let that happen. They are still pissed off about Hong Kong my g.

We have been overdue for a global recession...... looking forward to picking up cheeeaaap cheeeeaaap utility stocks

@Joey Chizzle

 

[ChatGPT-5]

Because a crash in China = a crash in the US. This is just one of many indicators of an impending slowdown.



They are already buying up land/resources and taking our women there. Time and time again we get duped by outsiders.

They are buying resources we don't use for billions of dollars and we are building much needed infrastructure, everyone buys land all across the world, Nigerians buy land in america, chinese buy land in europe and america, hell you should look up how much land the Saudis own in america, its pretty alarming. As for women, you are out of your mind, its not even 0.001%, on the contrary there are more africans in asia marrying asian women, over 10% of african immigrants abroad have asian gfs or wives
How many chinese construction workers are with african women?

No you think we are being duped because you don't know anything about your people and you read about your people through cac eyes (media)

 

[MajorVitaman]

1. Not sure why I should care about Chinese unemployment

2. Despite popular belief we're not infant children, they act up and get deported, this isn't america where you have no power. They are in OUR country, not the other way around. If Africans act up in China what do they do? so what makes you think we don't do the same? This isn't colonial times bruv, we have full control of our countries. Welcome to 2016

I'm not saying anyone are infants breh, and I'm not downing Africa. But we gotta keep it all the way 100. We have the same problems in Amerikkka, nikkas stay getting finessed by foreigners. shyts been happening since 525BC... And history keeps repeating itself. Y'all haven't kicked out Arabs, Khazars or Europeans from raping the continent...

 

[ChatGPT-5]

I'm not saying anyone are infants breh, and I'm not downing Africa. But we gotta keep it all the way 100. We have the same problems in Amerikkka, nikkas stay getting finessed by foreigners. shyts been happening since 525BC... And history keeps repeating itself. Y'all haven't kicked out Arabs, Khazars or Europeans from raping the continent...

That's odd since there are no arabs, jews or europeans here. They left years ago after the war. Actually most places where war broke out they fled back home right away. What part are you talking about (excluding S.A)

Bruv this isn't 1960, that was like 50 years ago.

There are more africans in western countries making money than westerners in africa. Who is getting finessed

 

[Red Shield]

Bruh their whole economy is built on credit and keeping up appearances. They have like 50 ghost cities A fake NYC, a fake Paris, huge shopping malls that sit empty that were built on loans. We already saw it with their essentially defunct stock market.... now the rest of the economy is going with it.

And the shock waves will be huge. Like u said they import a lot. Countries that sent them commodities are already reeling. The global auto industry has banked damn near everything on China as well.

Couple those acute issues with chronic ones- the air is literally killing people off in China, and they completely destroyed their future demographics with that one child stupidity. Govt is struggling to contain all the unrest as well.... a totalitarian regime like theirs can only work if everybody is eating. China did too much too quickly and got off on the wrong foot... chickens are coming home to roost my breh

They really did

11 Fake European Towns and Landmarks Made in China | When On Earth - For People Who Love Travel

 

[ChatGPT-5]

They really did

11 Fake European Towns and Landmarks Made in China | When On Earth - For People Who Love Travel

I decided to do a bit of research and realised that many of these are resorts, not cities, and now, 2016, have thousands of visitors. The ones that are actually cities are fully functional and packed. The ghost town articles are from 2012, 4 years ago which is like 40 years in chinese time. They can fill a city in a year.

The other guy talking about imports has no idea what he's talking about since china exports more than it imports as its the worlds manufacturer.

Americans talking about the world is the most cringe thing I read on here.

 

[Red Shield]

I decided to do a bit of research and realised that many of these are resorts, not cities, and now, 2016, have thousands of visitors. The ones that are actually cities are fully functional and packed. The ghost town articles are from 2012, 4 years ago which is like 40 years in chinese time. They can fill a city in a year.

The other guy talking about imports has no idea what he's talking about since china exports more than it imports as its the worlds manufacturer.

Americans talking about the world is the most cringe thing I read on here.

ok


I was just surprised they built a paris

 

[MajorVitaman]

They really did

11 Fake European Towns and Landmarks Made in China | When On Earth - For People Who Love Travel

Yet we think these Chinacacs are gonna benefit Africa

That's odd since there are no arabs, jews or europeans here. They left years ago after the war. Actually most places where war broke out they fled back home right away. What part are you talking about (excluding S.A)

Come on fam

Even in places where cacs don't have big numbers like Nigeria, the natives believe some foreign Abraham bullshyt. This same shyt goes on in Amerikkka with these hustlin ass pastors also. It's the same program for the entire diaspora and we all know how they get down.

And don't get me started on Israel...

Bruv this isn't 1960, that was like 50 years ago.

There are more africans in western countries making money than westerners in africa. Who is getting finessed

That don't mean shyt, the civil rights movement was in 1964 and we still get our asses beat, killed and finessed in Amerikkka, The Caribbeans, Mexico, Brazil etc....

Resource companies ripping off Africa: AfDB chief
NATIONAL SECURITY COUNCIL MEMORANDUM-46
Africa: Incredible Wealth, Exploitation, Corruption and Poverty for its People.:

It's still very clear that cacs, sand cacs and now Chinacacs have more control of the continent than the native Africans...

 

[superunknown23]

Looks like two down, India is currently irrelevant, but holding a lot of gold, so appreciation could help them. Russia is one the brink of collapse or stimulus, depending on the fate of the EU and Brexit. Hate to say it, but it's our fault.

Actually, Brazil is the worst performer of that group. Their economy is in the tank and people have been calling for the president's resignation for months (she's embroiled in a corruption scandal too)

 

[MrSinnister]

You forgot that Brazil is the worst performer of that group. Their economy is in the tank and people have been calling for the president's resignation for months (she's embroiled in a corruption scandal too)

That's the second of the BRIC'S I meant by 2 down. shyt's in depression stage right now, and I wouldn't even try to go to the Olympics off that.

 

[Red Shield]

That's the second of the BRIC'S I meant by 2 down. shyt's in depression stage right now, and I wouldn't even try to go to the Olympics off that.

Brazil will always be the nation of the future


Only Russia and China are worth betting on long term....