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nekandro

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nekandro OP , to worldnews in Negative media coverage of China reinforces and contributes to widespread negative views about China in the UK

Oh no! Not the DPP party line!

The DPP, known as the government where MPs steal bills they don’t want passed. Yay.

nekandro OP , to worldnews in Negative media coverage of China reinforces and contributes to widespread negative views about China in the UK

Most of the photographic evidence has been comprehensively debunked. Instead of citing Wikipedia, want to present any new evidence that’s not backed by a right-wing Christo-fascist?

nekandro , to worldnews in IMF lifts China’s 2024 growth forecast to 5%

What! No way! Nobody could have seen this coming!

nekandro , to worldnews in Monthly drop hints that China’s CO2 emissions may have peaked in 2023

2023Q4 - 5.2% GDP growth

2024Q1 - 5.3% GDP growth (+0.7% over estimates)

Caixin Manufacturing PMI - 51.1

Citi GDP growth estimate 2024 - 5% (up from 4.6%)

This is as China’s real estate sector is actively deflating and dragging down GDP growth (real estate as % of GDP estimated to drop from a high of 24% in 2018 to 19% in 2023) on the order of about 1 percentage point annually.

I’m really not sure what you’re talking about? Labour is rotating into clean tech deployments, GDP growth numbers actively account for the deflation of the real estate bubble, manufacturing is still expanding, and estimates for GDP growth from Western analysts continue to shoot up. Meanwhile, bankrupt developers are having their projects be repurposed into public housing.

In fact, investments are rotating rapidly from real estate into industrial capacity, which tends to have higher short-term ROI and a more significant short-term contribution to GDP.

The biggest concern IMO is the rapid expansion of debt at the national level, which reflects the collapse of LGFVs as a viable method of supporting provincial coffers due to the decline in real estate - China’s government is becoming more centralized, and that has the potential to intervene with the (astonishingly successful) hands-off policy that’s been adopted in the past.

nekandro OP , to worldnews in Israel's Knesset to vote on declaring UNRWA a terrorist organization

Direct sources are important, even if just to innoculate against propaganda.

nekandro OP , to worldnews in Ukrainian M1 Abrams Tanks Get Elaborate 'Cope Cages,' Soviet Explosive Reactive Armor

Turns out cope cages are the new big thing in armour

nekandro OP , to worldnews in Hamas launches rocket attack towards Tel Aviv

Hamas capabilities alive and well.

Somehow.

nekandro OP , to worldnews in Strike On Russian Strategic Early Warning Radar Site Is A Big Deal

Striking a facility that’s entirely focused on detecting hostile nuclear launches is… Probably not the smartest thing Ukraine has ever done. Nuclear facilities typically are protected by MAD, and this is going to push Russia to the edge on nuclear weapons use.

This is terrifying and I have no idea why the US hasn’t intervened to clear the waters.

nekandro OP , to worldnews in UN Security Council rejects Russia-backed resolution on banning weapons in space

The Security Council resolution drafted by Russia rivaled one backed by the U.S. and Japan that failed last month. The rival drafts focused on different types of weapons, with the U.S. and Japan specifying weapons of mass destruction. The Russian draft discussed all types of weapons.

Why is the US so keen to allow conventional weapons in space?

nekandro OP , to worldnews in China has a point about Taiwan’s new leader

East Asian politics is played on centimeters, not miles.

A nudge a few centimeters in any given direction has the same effect as a North American leader completely flopping to a different position, because it indicates a fundamental issue: what direction is this guy taking me?

nekandro , to worldnews in See chaotic brawl in Taiwan Parliament over chamber reforms

Is this the one where the DPP legislator ran away with a bill allowing criminal prosecution for corruption?

nekandro , to worldnews in Russia Has Opened Up a New Front. What Comes Next?

Zelensky’s approval rate is in the gutter. What do you really think?

I think you’re not understanding the perception of government in Eastern Europe. The mountains are high and the emperor is far away.

nekandro , to worldnews in Intelligence chief warns Canadians that China can use TikTok to spy on them

Don’t worry we get spied on by everyone.

We’re the US’ whipping boy, though, so you know…

nekandro OP , to worldnews in Hezbollah downs Israeli "spy" balloon over Lebanese village

Turns out WW3 will be fought with balloons.

nekandro OP , to worldnews in More than 30% of world’s electricity now comes from renewables, report reveals

Do you want to know how many cars in China are from European car manufacturers?

Rebalancing trade is not some big bogeyman.

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