Taiwan Warns It Will "Fight To Very Last Day" If China Attacks As US Warship Transits Strait

[FairAndUnbiased]

CCP=China, and China=CCP

CCP are just a bunch of snowflakes. These guys start melting like snowflake cause some guy named Jack Ma said something about lending policies. Instead of defeating his arguments through a healthy debate they just shut him off.
Xi Jingping is dragging China backwards. China is no longer a Republic but rather being ruled by the Red Dynasty cause they do not value an average Chinese person's opinion.

Why would Taiwanese people want any of these backward practices ? You may not understand this, freedom is worth fighting for.

some things aren't up for debate and not all debate is good. a good example is actually Jack Ma. Do you know what he actually is in trouble for? Complex banking regulatory issues. Apparently, Ant Financial planned to borrow massive amounts of money at commercial rates, then lend small amounts of this money to consumers directly at payday loan rates (for financing e-commerce purchases), but were not registered as a financial institution and thus were not subject to the same regulations as banks even though they were acting as a bank. They would pocket the difference in interest rates as profit. Even if registered as a financial organization, I believe Muslims have a word for borrowing low then lending out money you borrowed low at high interest rates: ursury.

In particular, that case was handled by the book. the regulators and Ant Financial both disclosed their findings in the investigation, and Ant Financial isn't even shut down, they just need to reapply as a financial institution and restructure their business.

Anyhow, hard power is the key factor, not 'wants'.

 

[fallstuff]

some things aren't up for debate and not all debate is good. a good example is actually Jack Ma. Do you know what he actually is in trouble for? Complex banking regulatory issues. Apparently, Ant Financial planned to borrow massive amounts of money at commercial rates, then lend small amounts of this money to consumers directly at payday loan rates (for financing e-commerce purchases), but were not registered as a financial institution and thus were not subject to the same regulations as banks even though they were acting as a bank. They would pocket the difference in interest rates as profit. Even if registered as a financial organization, I believe Muslims have a word for borrowing low then lending out money you borrowed low at high interest rates: ursury.

In particular, that case was handled by the book. the regulators and Ant Financial both disclosed their findings in the investigation, and Ant Financial isn't even shut down, they just need to reapply as a financial institution and restructure their business.

Anyhow, hard power is the key factor, not 'wants'.

It happens all the time. Rich and powerful people like to have their ways. If he is against the Chinese law then it is very simple, he doesn't get to do if he does not have the permission. The point is Jack Ma just sort of vanished from public appearance for couple of months. Corruption and behind the scene dealing in Chinese real estate transaction is very well known. These corruptions are like pandemic as CCP is too ingrained in various organizations in China.

If Jack Ma can just just disappear without a clue, how much right an average person has in China ?

These insecurities are leading millions of Chinese to buy properties in the West.

 

[beijingwalker]

These insecurities are leading millions of Chinese to buy properties in the West.

Chinese bought a lot of properties around the world is because Chinese are getting more and more money to spare, same as Japan bought properties everywhere in the 1980's and 1990's, it's not about the insecurities, true insecure people don't have money to buy properties.
China is the country now which is churning out most rich people in the world every year, it's a land of opportunities, not uncertainties like in the west.

 

[fallstuff]

Chinese bought a lot of properties around the world is because Chinese are getting more and more money to spare, same as Japan bought properties everywhere in the 1980's and 1990's, it's not about the insecurities, true insecure people don't have money to buy properties.
China is the country now which is churning out most rich people in the world every year, it's a land of opportunities, not uncertainties like in the west.

And all the rich people in China are parking their money in the West as they can lose their money in a whim. There is a reason why Trump doubled the amount of investment required for immigrant visa.

 

[KurtisBrian]

Chinese bought a lot of properties around the world is because Chinese are getting more and more money to spare, same as Japan bought properties everywhere in the 1980's and 1990's, it's not about the insecurities, true insecure people don't have money to buy properties.
China is the country now which is churning out most rich people in the world every year, it's a land of opportunities, not uncertainties like in the west.

no, the Japanese had huge amounts of fraudulently obtained money thanks to an alliance with traitorous ponzi scammers (Catholics, Israelis, Dutch/UK...). That money was heating the Japanese economy to overload. The Japanese were desperate to do something with that money. They knew the Japanese economy and property bubble was going to burst and it did. Greedy Japanese thieves tried to keep a bit of their illgotten wealth by investing in foreign lands. The stolen money arriving in foreign lands meant that any honest people in those lands were cheated and robbed. Japanese didn't care.

 

[FairAndUnbiased]

It happens all the time. Rich and powerful people like to have their ways. If he is against the Chinese law then it is very simple, he doesn't get to do if he does not have the permission. The point is Jack Ma just sort of vanished from public appearance for couple of months. Corruption and behind the scene dealing in Chinese real estate transaction is very well known. These corruptions are like pandemic as CCP is too ingrained in various organizations in China.

If Jack Ma can just just disappear without a clue, how much right an average person has in China ?

These insecurities are leading millions of Chinese to buy properties in the West.

Did he vanish? He appeared at the regulatory hearings which is what matters. He's not a media celebrity, he's a businessman.

 

[JSCh]

CCP=China, and China=CCP

CCP are just a bunch of snowflakes. These guys start melting like snowflake cause some guy named Jack Ma said something about lending policies. Instead of defeating his arguments through a healthy debate they just shut him off.
Xi Jingping is dragging China backwards. China is no longer a Republic as it is being ruled by the Red Dynasty cause they do not value an average Chinese person's opinion.

Ant Finance changed its name to Ant Technology in 2020.

And using its huge user base and purported Big data and AI technology to provide consumer loan client recommendation service to partner bank and financial institution. In those loans Ant would provide only 2% of the finance.

Chinese regulator see a problem with that.

Because Ant earn money by provide client and loan risk analysis, but Ant risk is only 2%. That mean Ant is incentivized to provide as many client as possible, and also mark them as low risk. While the risk of loan default would be bear by others banking/financial system.

Therefore Chinese regulator ask Ant to be regulated as financial institution and required to finance 30% of the loan.

Judging by social media discussion, majority of Chinese public applaud Chinese regulator action.

The Chinese regulator is doing its duty in ensuring financial security and protecting the public interest. It see through Ant trick of changing name from "finance" to "technology" in order to get away from financial regulatory oversight.

Why would Taiwanese people want any of these backward practices ? You may not understand this, freedom is worth fighting for.

In Chinese proposal of "one country, two systems" for peaceful reunification, Taiwan would be able to keep its system similar to Hong Kong. So your point is moot.

 

[Beast]

CCP=China, and China=CCP

CCP are just a bunch of snowflakes. These guys start melting like snowflake cause some guy named Jack Ma said something about lending policies. Instead of defeating his arguments through a healthy debate they just shut him off.
Xi Jingping is dragging China backwards. China is no longer a Republic as it is being ruled by the Red Dynasty cause they do not value an average Chinese person's opinion.

Why would Taiwanese people want any of these backward practices ? You may not understand this, freedom is worth fighting for.

Lol.. what freedom u all practice when u all selective defend stance u all are interested in only. Stop acting righteous. We are sick of this kind of selective trick.

If China is really backward including practice, how would we advance into such an advance country?

Did freedom turn Iraq , syria , libya into a better place? All I see is former libyan jihadist blinded by american freedom and so called fight for your right, telling us he is regret and want gaddafi back.

Save your tricks, China is on right track with hard line practice to correct declining moral and practice. CPC is right to come in and correct what many greedy and power hungry people wouldn't want to see that happened.

 

[fallstuff]

Ant Finance changed its name to Ant Technology in 2020.

And using its huge user base and purported Big data and AI technology to provide consumer loan client recommendation service to partner bank and financial institution. In those loans Ant would provide only 2% of the finance.

Chinese regulator see a problem with that.

Because Ant earn money by provide client and loan risk analysis, but Ant risk is only 2%. That mean Ant is incentivized to provide as many client as possible, and also mark them as low risk. While the risk of loan default would be bear by others banking/financial system.

Therefore Chinese regulator ask Ant to be regulated as financial institution and required to finance 30% of the loan.

Judging by social media discussion, majority of Chinese public applaud Chinese regulator action.

The Chinese regulator is doing its duty in ensuring financial security and protecting the public interest. It see through Ant trick of changing name from "finance" to "technology" in order to get away from financial regulatory oversight.


In Chinese proposal of "one country, two systems" for peaceful reunification, Taiwan would be able to keep its system similar to Hong Kong. So your point is moot.

Thank you for a great post.
My point is why not issue administrative action or fines against ant ?

Watch this video at 1:16 where Billionaire Xhang Zin talks about democracy,

 

[KAL-EL]

Why not drop a nuke or two, American style? They'll surrender right then and there.

That’s an awesome video game you’re playing

 

[Beast]

Thank you for a great post.
My point is why not issue administrative action or fines against ant ?

Watch this video at 1:16 where Billionaire Xhang Zin talks about democracy,

Who is zhang zin? You think his words carry weight just becos he is billionaire?

 

[KAL-EL]

Who is zhang zin? You think his words carry weight just becos he is billionaire?

What about Jack Ma?

His words carry weight right?

 

[Beast]

What about Jack Ma?

His words carry weight right?

He realize he is wrong. Didn't he keep quiet now? So your point?

 

[KAL-EL]

He realize he is wrong. Didn't he keep quiet now? So your point?

My point was that he’s a very influential person

 

[Beast]

My point was that he’s a very influential person

Doesn't mean he don't make mistake like human being.

CPC has multiple people brainstorm the best financial system for China vs 1 person , Jack ma. Who has higher chance of better system? Jack ma or CPC?