Pew Poll: 90% of U.S. believes China is threat.

[BLA + 1,666]

The poll was taken last month, March 2020.

"The poll of 1,000 Americans found unfavorable opinions of China are shared across party lines, with about 70 percent of Republicans and Republican-leaning independents and 60 percent of Democrats and Democratic-leaning independents holding them. In addition, the poll show that about 90 percent of those surveyed see growing Chinese power and influence as a threat."

The other 10% that do not see China as a threat ie (Pelosi , Schumer , Joe Biden , CNN anchors , Bloomberg , DNC , Hunter Biden/Chris Heinze Rosemount Hedgefund, Wallstreet Bankers, W.H.O.) should do their homework. 

https://www.yahoo.com/news/poll-americans-sour-china-amid-140106735.html

Edited April 22, 2020 by BLA

[0R0 + 6,251]

Sweden just shut down China's Confucius institutes in their academic institutions. 

https://www.thetimes.co.uk/article/swedes-axe-china-backed-confucius-school-scheme-as-relations-sour-7n56ld2v3

China learns how to make friends and influence people

https://english.alaraby.co.uk/english/news/2020/4/16/chinas-coronavirus-aid-to-syria-fits-inside-two-boxes

 

 

Edited April 22, 2020 by 0R0

[Hotone + 412]

1 hour ago, 0R0 said:

Sweden just shut down China's Confucius institutes in their academic institutions. 

https://www.thetimes.co.uk/article/swedes-axe-china-backed-confucius-school-scheme-as-relations-sour-7n56ld2v3

China learns how to make friends and influence people

https://english.alaraby.co.uk/english/news/2020/4/16/chinas-coronavirus-aid-to-syria-fits-inside-two-boxes

Will those testing kits even work? 

[0R0 + 6,251]

Just now, Hotone said:

Will those testing kits even work? 

63% chance of an answer. Of which 30% false negative or 30% false positive. 40% correct answer according to the Czech's, they sent theirs back, Theirs were not "aid" but cost $12 mil. 

[0R0 + 6,251]

It is one embarrassed looking Chinese official. 

[Samuel Kwok + 2]

War is coming.

[Douglas Buckland + 6,308]

So....China releases a pandemic on the world....then corners the market and stockpiles PPE, then sells or gives the PPE out in an effort to garner goodwill and hopefully avoid a global backlash for killing hundreds of thousands of foreign citizens.

I wonder how many countries will ‘drink the Kool-Aid...🤔

[ronwagn + 6,290]

30 minutes ago, Samuel Kwok said:

War is coming.

It is here. The CCP Chinese have many ways of warfare, we are able to deal with them though. 

[Jan van Eck + 7,558]

5 minutes ago, ronwagn said:

we are able to deal with them though

Nope. 

[BLA + 1,666]

15 hours ago, Douglas Buckland said:

So....China releases a pandemic on the world....then corners the market and stockpiles PPE, then sells or gives the PPE out in an effort to garner goodwill and hopefully avoid a global backlash for killing hundreds of thousands of foreign citizens.

I wonder how many countries will ‘drink the Kool-Aid...🤔

Other European countries are coming around. 

Italy is too late.  China already owns them.  They are stuck.

Germany understands , but China is their largest market for automobiles.  I think they know not to expect that to last.  

It's widely known China threatened Germany car industry if they do not install Huawei 5G

Edited April 22, 2020 by BLA

[Dan Warnick + 6,100]

1 hour ago, Jan van Eck said:

Nope. 

Explain, please.

[0R0 + 6,251]

2 hours ago, BLA said:

Other European countries are coming around. 

Italy is too late.  China already owns them.  They are stuck.

Germany understands , but China is their largest market for automobiles.  I think they know not to expect that to last.  

They will nationalize all Chinese properties and default on obligations to the Chinese as reparations for the Wuhan Coronavirus attack. 

They are only as locked in as they want to be. 

Germany can write off the Chinese market soon enough. Their high end cars and high reliability commercial vehicles will see sales fall as the China real estate market lags food price inflation in the coming months and ends in the process turning over into a real estate crisis. Note the very high mortgage burden to go with the absurd price to income ratio. Tokyo peaked at 22 price to income.  

 

Rank	City	Price To Income Ratio	Gross Rental Yield City Centre	Gross Rental Yield Outside of Centre	Price To Rent Ratio City Centre	Price To Rent Ratio Outside Of City Centre	Mortgage As A Percentage Of Income	Affordability Index
1	Hong Kong, Hong Kong	47.46	1.77	1.83	56.45	54.74	303.35	0.33
2	Shenzhen, China	44.90	1.29	1.45	77.62	69.18	359.26	0.28
3	Beijing, China	44.18	1.66	2.03	60.36	49.36	353.91	0.28
4	Shanghai, China	41.49	1.97	1.97	50.75	50.87	330.72	0.30
5	Guangzhou, China	33.22	1.49	1.58	67.31	63.46	269.95	0.37
6	Taipei, Taiwan	33.10	1.03	1.23	96.66	81.04	199.01	0.50
7	Nanjing, China	29.92	1.72	1.68	58.18	59.64	235.01	0.43
8	Hangzhou, China	28.15	1.49	1.58	67.32	63.48	221.78	0.45
9	Seoul, South Korea	24.01	1.37	1.71	72.82	58.33	167.93	0.60
10	Taichung, Taiwan	19.48	1.70	1.56	58.97	63.93	117.02	0.85
11	Chengdu, China	16.16	2.11	2.55	47.45	39.25	129.36	0.77
12	Tokyo, Japan	13.97	2.56	2.71	39.03	36.85	80.68	1.24
13	Ulaanbaatar, Mongolia	13.46	5.86	5.37	17.08	18.61	135.09	0.74

[Wombat + 1,028]

46 minutes ago, 0R0 said:

They will nationalize all Chinese properties and default on obligations to the Chinese as reparations for the Wuhan Coronavirus attack. 

They are only as locked in as they want to be. 

Germany can write off the Chinese market soon enough. Their high end cars and high reliability commercial vehicles will see sales fall as the China real estate market lags food price inflation in the coming months and ends in the process turning over into a real estate crisis. Note the very high mortgage burden to go with the absurd price to income ratio. Tokyo peaked at 22 price to income.  

 

Rank	City	Price To Income Ratio	Gross Rental Yield City Centre	Gross Rental Yield Outside of Centre	Price To Rent Ratio City Centre	Price To Rent Ratio Outside Of City Centre	Mortgage As A Percentage Of Income	Affordability Index
1	Hong Kong, Hong Kong	47.46	1.77	1.83	56.45	54.74	303.35	0.33
2	Shenzhen, China	44.90	1.29	1.45	77.62	69.18	359.26	0.28
3	Beijing, China	44.18	1.66	2.03	60.36	49.36	353.91	0.28
4	Shanghai, China	41.49	1.97	1.97	50.75	50.87	330.72	0.30
5	Guangzhou, China	33.22	1.49	1.58	67.31	63.46	269.95	0.37
6	Taipei, Taiwan	33.10	1.03	1.23	96.66	81.04	199.01	0.50
7	Nanjing, China	29.92	1.72	1.68	58.18	59.64	235.01	0.43
8	Hangzhou, China	28.15	1.49	1.58	67.32	63.48	221.78	0.45
9	Seoul, South Korea	24.01	1.37	1.71	72.82	58.33	167.93	0.60
10	Taichung, Taiwan	19.48	1.70	1.56	58.97	63.93	117.02	0.85
11	Chengdu, China	16.16	2.11	2.55	47.45	39.25	129.36	0.77
12	Tokyo, Japan	13.97	2.56	2.71	39.03	36.85	80.68	1.24
13	Ulaanbaatar, Mongolia	13.46	5.86	5.37	17.08	18.61	135.09	0.74

Interesting chart, even in HK, mortgage only 300% of income? That is half the average in Australia, perhaps also UK and more expensive cities in USA?

[0R0 + 6,251]

2 minutes ago, Wombat said:

Interesting chart, even in HK, mortgage only 300% of income? That is half the average in Australia, perhaps also UK and more expensive cities in USA?

 

192

Sydney, Australia

11.44

3.96

4.38

25.25

22.81

81.89

1.22

203

New York, NY, United States

10.76

4.91

5.74

20.38

17.43

79.38

1.26

245	Santa Barbara, CA, United States	8.38	5.25	5.61	19.03	17.82	63.33	1.58
246	Sunnyvale, CA, United States	8.39	4.53	4.62	22.09	21.62	63.29	1.58

440

Cleveland, OH, United States

1.39

26.19

25.15

3.82

3.98

10.49

9.53

In bold, Price to Income and mortgage to income (in %) for the most expensive city in Australia.

Remember that most homes are carrying mortgages of quite some years so are paid down. What is sad is how high the mortgages in China and HK had remained. 

The cheapest city on the global list is also on the list for comparison.

[Wombat + 1,028]

2 hours ago, Dan Warnick said:

Explain, please.

Can I explain why I agree with Jan for once Dan? From China's point of view, they cannot win war against US and allies RIGHT NOW, but know that in 10 years time, they CANNOT LOSE! The more they weaken the US and allies, the quicker the day they cannot lose. It is all about industrial production. The West no longer has enough to match China in a prolonged war. Our only chance is to strike very soon, but we have one big problem: LACK OF RARE EARTHS FOR MISSILES. CHINA HAS NEAR MONOPOLY OF THEM! Australia is trying to help US on this front, we have rare earth company called Lynas, but they do not yet supply the right type of rare earths for missiles. They have, however, signed contract with the Pentagon to open processing plant in US, using ur local materials. As soon as that complete, and sufficient stockpiles of the finished product are built, then US will be ready for war. Japanese aircraft carriers shld also be ready in 3-4 years, and Royal Australian Air Force shld have full complement of F-35's. All the building blocks are going into place.

[Marcin2 + 724]

8 hours ago, 0R0 said:

Sweden just shut down China's Confucius institutes in their academic institutions. 

https://www.thetimes.co.uk/article/swedes-axe-china-backed-confucius-school-scheme-as-relations-sour-7n56ld2v3

Bravo Sweden ! Such actions should be done everywhere.

Confucius Institutes should not be mouthpieces of Communist Party propaganda or get out of all campuses of all EU countries.

Best would be to order at least 5 classes at Confucius Institute by independent lecturers in topics like: human rights violations in China, Tiananmen protests origin, violent suppression and aftermath,  social scoring system in China as a way to suppress civil liberties, strengthening of authoritarian policies under Xi Jinping. 

[Wombat + 1,028]

4 minutes ago, 0R0 said:

 

192

Sydney, Australia

11.44

3.96

4.38

25.25

22.81

81.89

1.22

203

New York, NY, United States

10.76

4.91

5.74

20.38

17.43

79.38

1.26

245	Santa Barbara, CA, United States	8.38	5.25	5.61	19.03	17.82	63.33	1.58
246	Sunnyvale, CA, United States	8.39	4.53	4.62	22.09	21.62	63.29	1.58

440

Cleveland, OH, United States

1.39

26.19

25.15

3.82

3.98

10.49

9.53

In bold, Price to Income and mortgage to income (in %) for the most expensive city in Australia.

Remember that most homes are carrying mortgages of quite some years so are paid down. What is sad is how high the mortgages in China and HK had remained. 

The cheapest city on the global list is also on the list for comparison.

Where do these crazy figures come from? Must be something seriously wrong with their methodology. To suggest that the average mortgage in Sydney is less than a years wage is crazy! Avg price is $1m, avg wage $90k, so price to income looks about right, but only need 10% deposit so avg mortgage about $900,000 ie: 1000% times wage!

[0R0 + 6,251]

5 minutes ago, Wombat said:

Can I explain why I agree with Jan for once Dan? From China's point of view, they cannot win war against US and allies RIGHT NOW, but know that in 10 years time, they CANNOT LOSE! The more they weaken the US and allies, the quicker the day they cannot lose. It is all about industrial production. The West no longer has enough to match China in a prolonged war. Our only chance is to strike very soon, but we have one big problem: LACK OF RARE EARTHS FOR MISSILES. CHINA HAS NEAR MONOPOLY OF THEM! Australia is trying to help US on this front, we have rare earth company called Lynas, but they do not yet supply the right type of rare earths for missiles. They have, however, signed contract with the Pentagon to open processing plant in US, using ur local materials. As soon as that complete, and sufficient stockpiles of the finished product are built, then US will be ready for war. Japanese aircraft carriers shld also be ready in 3-4 years, and Royal Australian Air Force shld have full complement of F-35's. All the building blocks are going into place.

The question is why have a war at all. 

China is like the US in the 1930s as far as excess industrial capacity, but are lacking for key major materials. Copper, high grade iron ore, oil, nat gas, all major foods, particularly proteins. Why not pull them under in terms of trade and they will not be able to fund a war buildup. 

Their credit bubble pretty much assures that any disruption keels them over into economic depression if not collapse. We may have already had it.

 

[Tom Kirkman + 8,860]

16 minutes ago, Wombat said:

Can I explain why I agree with Jan for once Dan?

Strange days indeed.

[0R0 + 6,251]

4 minutes ago, Wombat said:

Where do these crazy figures come from? Must be something seriously wrong with their methodology. To suggest that the average mortgage in Sydney is less than a years wage is crazy! Avg price is $1m, avg wage $90k, so price to income looks about right, but only need 10% deposit so avg mortgage about $900,000 ie: 1000% times wage!

Remember that the average mortgage is about 20 years old and is mostly paid off. And Sydney is a relatively young city. Adelaide is far cheaper. 

199

Madrid, Spain

12.98

3.85

4.91

25.96

20.37

79.80

1.25

 

Madrid is an older demographic so has smaller mortgages.

Shanghai has an old demographic and is still very leveraged. 

Cleveland is also rather old and has a  very low cost of housing and a couple of month's wages left on the mortgage. 

[Tom Kirkman + 8,860]

13 minutes ago, Marcin2 said:

Bravo Sweden ! Such actions should be done everywhere.

Confucius Institutes should not be mouthpieces of Communist Party propaganda or get out of all campuses of all EU countries.

Best would be to order at least 5 classes at Confucius Institute by independent lecturers in topics like: human rights violations in China, Tiananmen protests origin, violent suppression and aftermath,  social scoring system in China as a way to suppress civil liberties, strengthening of authoritarian policies under Xi Jinping. 

Well said.  Is it weird that I am agreeing with you more and more lately?

[Wombat + 1,028]

2 minutes ago, 0R0 said:

The question is why have a war at all. 

China is like the US in the 1930s as far as excess industrial capacity, but are lacking for key major materials. Copper, high grade iron ore, oil, nat gas, all major foods, particularly proteins. Why not pull them under in terms of trade and they will not be able to fund a war buildup. 

Their credit bubble pretty much assures that any disruption keels them over into economic depression if not collapse. We may have already had it.

 

Wrong, that is what the US and EUROPE are experiencing. I know Americans and most Europeans don't care about their public debt, but there it is, and it must be re-paid, which will cripple both US and Europe. Why do u think Japan and Australia are looking at ways to defend ourselves without US help if necessary?

[Wombat + 1,028]

3 minutes ago, 0R0 said:

Remember that the average mortgage is about 20 years old and is mostly paid off. And Sydney is a relatively young city. Adelaide is far cheaper. 

199

Madrid, Spain

12.98

3.85

4.91

25.96

20.37

79.80

1.25

 

Madrid is an older demographic so has smaller mortgages.

Shanghai has an old demographic and is still very leveraged. 

Cleveland is also rather old and has a  very low cost of housing and a couple of month's wages left on the mortgage. 

Sorry ORO, doesn't work that way. Australia has highest household debt to income ratio on planet 200%, and that is even though most older Australians paid off their houses decades ago and younger generation do not have any mortgage due to fact they cannot afford to buy. Only 50% of adults have a mortgage, so at least 400% of income on average. Simple math and same applies to California, New York etc.

[0R0 + 6,251]

1 minute ago, Wombat said:

Wrong, that is what the US and EUROPE are experiencing. I know Americans and most Europeans don't care about their public debt, but there it is, and it must be re-paid, which will cripple both US and Europe. Why do u think Japan and Australia are looking at ways to defend ourselves without US help if necessary?

The Provincial governments have off the books debt in SIVs owned by the public's WMP and asset management funds and non banks as well as some banks. That amounts to 150% of China GDP, 210% with central government debt. The SOE sector is also a millstone on the central government with 170% Debt to GDP. 

The structure of tax collection to Beijing is provincial, and the provinces have grown dependence on real estate sales for 70% or more of revenue.  which they pass onto Beijing. If the stream stops due to a drop in interest in real estate among savers, then they need to impose new taxes to pay for anything. 

[Wombat + 1,028]

2 minutes ago, 0R0 said:

The Provincial governments have off the books debt in SIVs owned by the public's WMP and asset management funds and non banks as well as some banks. That amounts to 150% of China GDP, 210% with central government debt. The SOE sector is also a millstone on the central government with 170% Debt to GDP. 

The structure of tax collection to Beijing is provincial, and the provinces have grown dependence on real estate sales for 70% or more of revenue.  which they pass onto Beijing. If the stream stops due to a drop in interest in real estate among savers, then they need to impose new taxes to pay for anything. 

Guess what? That is the same everywhere! Only difference is, China does not have mass unemployment or huge current acct deficit like most of us Western countries.