I don't even know where to start with that comment, every single US company on the list has built a dominant market and strategic position through years/decades of R&D and product development, admittedly with some degree of M&A's (usually other US firms).
I read somewhere that one click farming operation hires 30,000 workers posting fake reviews on Chinese e-platforms and Amazon, it's a multi billion dollar industry that has suddenly had the rug pulled out from under it.
There is a history of civil unrest in the Solomon Isles, we have sent troops in to help the Australians in the past to restore order. For those morons who think these are CIA/Australian orchestrated riots against China, the backlash against Chinese interests is only part of much broader...
The whole world has an axe to grind with the CCP, not the Chinese people. Unleashing Covid on the world and lyiing to cover it up, debt trap diplomacy, rampant IP theft........
That's an ignorant take on the situation, it's China's cheque book diplomacy backfiring. A corrupt politician sells out his country to the CCP and he short changes his own people, the populace rises up and takes it out on the corrupt government and those who have corrupted it.
There is a reason...
'The white liberal is the worst enemy to America, and the worst enemy to the black man'-Malcolm X.
The full quote is here; Malcolm X
His words are as true today as they were when he made that speech.
That's what CNN and MSNBC are reporting, the narrative being he was just trying to get away from the police and happened to run over some people in his way. Fox news are reporting he made a lot of hateful social media posts before the incident, was a BLM supporter and Trump hater, and posted...
Sad state of affairs when people can't speak the truth. But I agree with what you're saying about a large portion of the Black population in the US, I see a lot of denial in the US MSM.
I'm not going to argue with you on these points, but I'm not comfortable with stereotyping I suppose. But it's the characterization of the offender in this story as a black nationalist that has me curious, is the term used widely in the US?
Just out of curiosity in reference to the thread title, is Black nationalism a thing in the US? Has the BLM movement gone that far, and do any of its supporters believe in seperatism or even Black supremacy?
I've read that Xu Jiayin is being pressured into liquidating some of his personal wealth to cover Evergrandes debt. I've also read that he mostly cashed out and transferred his wealth abroad, do you think he will be forced to repatriot funds and is he a possibilty of flight risk?
Yeah I was following the PWC audit controversy, that's going to have some interesting consequences.
It's still early days but q1 next year when more Evergrande bonds are maturing will give us a better picture of the situation, will central government continue to quietly prevent defaults? So...
Evergrandes off balance sheet liabilities are estimated by Goldman Sachs to be at least 1Trmb (approx 156$us billion), including deferred payments and mortgage guarantees.
http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1132663/industry-news
On the asset side of the equation, some...
There is probably a great deal of politics going on in the background, isn't Xu Jiayin connected to the Jhang Zhemen faction? I'm not going to pretend to understand the political machinations at play, but based on Evergrandes filings to the HKSE they are most definitely in a perilous situation...
Evergrande makes the third payment at the last hour avoiding a default. They are far from out of the woods, they have principal payments on US$3.5 billion dollar denominated bonds due in the first quarter of next year. But their real problem is the US$91 billion in trade payables and wages...
Bloomberg reporting that the three overdue bond interest payments have been received narrowing averting defaults again, there is a bit of confusion with contrary reports and no clarity from the embattled property developer itself. I think it more than likely the interest payments have been made...