We are all in it toghether and the times we are living in right now is historic. Just take a look at China and the Chinese economy that shrank 6,8 percent YoY in the first quarter of 2020. What a drop! This is the first GDP contraction since records began in 1992. Wow.
The reason for the drop is well known; COVID-19. No doubt. Xi and the CCP took action after the virus outbreak and enforced a two-month-long shutdown of all non-essential business activity. Nor did they celebrate a new year, and a shutdown like this is of course very expensive.
Car production in China recorded the sharpest decline which dropped -44 percent. That is a big shock. Last year, approximately 21,36 million passenger cars and 4,36 million commercial vehicles had been produced in China.
The growth for passenger cars has jumped from 7 million in 2008 (financial crisis) to 25 million in 2017. In 2018, every fourth passenger vehicle in the world had been produced in China, and China is ranked first among countries with the largest production of passenger cars in 2018.
As you can see, the growth of the production and sale of vehicles in China have increased rapidly. Its interesting to see that almost all of the leading bestselling cars in China are the product of joint ventres with foreign manufacturers.
Shanghai Automotive Industry Corporation (SAIC) has an ongoing cooperation with General Motors (GM). SAIC-GM manufactures and sells Chevrolet, Buick and Cadillac brand automobiles in Mainland China. When the sales drop in China, so it does in the U.S.
Export from China also dropped 6,6 percent YoY to $185 billion in March 2020, compared with marked estimates of a 14 percent fall and after a 17 percent plunge in January-February combined amid the COVID-19 pandemic.
Among the the biggest trade partners, exports fell to the U.S by -20,8 percent. Considering the first quarter of 2020, exports declined 13,3 percent from a year earlier.
However, China`s long term growth potential will not be affected by the short term fallout of the coronavirus pandemic, as the country`s economic fundamentals remain unchanged, the authorities said.
To contact the author of this story: Ket Garden at email@example.com
Tsai-Ing-Wen and the Democratic Progressive Party has won a historic landslide victory in the Taiwan election. They defeated the much more Pro China rival Han Kuo-Yu and the KMT. This is a big surprise and no one would have expected this outcome a year ago.
This is a clear message to the one rule Communist Party in Beijing. The people in Taiwan rejects China`s plan for reunification with the island. It`s a remarkable turnaround for the president, whose party suffered major losses in local elections just a year ago.
I believe that the rise of the party started when Pro Democracy protesters in Hong Kong took to the streets last year. People are more awake today than only a few months ago. Months of ant-govenment protests in nearby Hong Kong boosted Wen`s campaign, and scenes of police cracking down on demonstrators appear to have galvanised younger voters.
Tsai warned that Taiwan`s democratic rights must be preserved, and the country has its own military, currency and a passport accepted in most countries. But, Taiwan does not have a seat at the United Nations, and only 15 countries officially recognise Taiwan`s democratic government. United States is not one of them.
Tsai said that the people in Taiwan reject the one country, two systems model. We respect democracy and our sovereign rights, she said. Huh, it sounds like Trump who is fighting against the globalists in Europe.
On the other side; Washington is Taiwan`s most important ally and trading partner. It will be interesting to see how far the U.S will go to defend Taiwan and what will Xi and the Communists in Beijing do in respond to Tsai Ing-Wen`s win, which gives her a second term in office? The Communists have ramped up pressure on Taiwan and cut off official communication with Tsai in the past.
Tsai Ing-Wen said peace means that China must abondon threats of force against Taiwan. She also said she hope Beijing understands that democratic Taiwan will not concede to threats. China says it will not change position that Taiwan is part of it after Tsai`s re-election.
China claims Taiwan is part of its territory under its “One China Principle”.
We now see a similar situation in Taiwan is it is in Hong Kong. One Country, two systems. Taiwan, officially the Republic of China (ROC), is a state in East Asia.
Taiwanese indigenous peoples settled the island of Taiwan around 6,000 years ago. In the 17th century, Dutch rule opened the island to mass Han immigration. After the brief Kingdom of Tungning in parts of the southern and western areas of the island, the island was annexed in 1683 by the Qing dynastry of China, and ceded to the Empire of Japan in 1895.
Following the surrender of Japan in 1945, the Republic of China, which had overthrown and succeeded the Qing in 1911, took control of Taiwan on behalf of thw World War II Allies.
The resumption of the Chinese Civil War led to the loss of the mainland to the Communist Party of China (CPP) and the flight of the ROC government to Taiwan in 1949. although the ROC government continued to claim to be the legitimate representative of China, since 1950 its effective jurisdiction has been limited to Taiwan and numerous smaller islands.
In the early 1960`s, Taiwan entered a period of rapid economic growth and industrialisation called the «Taiwan Miracle». In the late 1980`s and early 1990`s, the ROC transitioned from a one-party military dictatorship to a multi-party democracy with a semi-presidential system.
Taiwan`s export-oriented industrial economy is the 21st-largest in the world, with major contributions from steel, machinery, electronics and chemicals manufacturing. Taiwan is a developed country, ranking 15th in GDP per capita. It is ranked highly in terms of political and civil liberties, education, health care and human developments.
The political status of Taiwan remains uncertain.
The ROC is no longer a member of the UN, having been replaced by the PRC in 1971. Taiwan is claimed by the PRC, which refuses diplomatic relations with countries that recognise the ROC. International organisations in which the PRC participates either refuses to grant membership to Taiwan or allow it to particitpate only on a non-state basis.
Taiwan is a member of the World Trade Organization, Asia-Pacific Economic Cooperation and Asian Development Bank under various offices and institutions that function as de facto embassies and consulates.
Domesticay, the major political division is between parties fvouring eventual Chinese unification and promoting a Chinese identity contrasted with those aspiring to independence and promoting Taiwanese identity, although both sides have moderated their positions to broaden their appeal.
Taiwan officially known as Republic of China has been self-ruled since 1950, but China considers Taiwan part of its land that must be reunited with mainland even by force.
The U.S hailed Tsai`s victory as demonstration of Taiwan`s robust Democratic system. Taiwan`s president Tsai Ing-Wen secures second term in office with 57,1% of votes. The vote is seen as a choice between moving closer to China or resisting push for reunification.
Tsai Ing-Wen told the supporters “today we have defended our democracy and freedom”.
Some “smart” journalists reported to the world that Trump was a moron because of his tax cuts. How in the world can he afford to do that, the journalists said. Trump is the right man at the right place at the right time. Americans voted for the right man and the party.
We all know that the U.S economy is very strong and what Trump have done so far at the White House have boosted the economy. Pence said in a speech yesterday that the U.S has the strongest economy in the history of the world.
Not only that. Trump is also the first president to actually stand up to Communist China. “President Trump understands the Chinese like no president understood them, and he`s very good at dealing with gangsters,” former activist jimmy Lai said. Now, Beijing and Washington are working to resolve their differences.
Pence said he hoped the U.S could make
a deal with China very soon. But he also said that America`s days of
helping rebuild China are over. The Communists has been growing fast
since the dot-com-bubble in 2000, and Pence said most of their
success is driven by the U.S investment in China.
At the same time; the U.S deficit with
China has grown fast too. How fair is that? The Communist China are
growing fast while the U.S trade deficit with China are growing
Trump have many times said that the U.S
have rebuilt China over the past 25 years. But those days are over.
History will show that president Donald Trump have changed that
“No longer will America and its leaders hope that economic engagement alone will transform Communist China`s Authoritarian State into a open and free society, that respects private property, the rule of law and international rule of commerce,” Pence said in his speech.
Instead, he said, “president Trump now recognizes China as a strategic and economic rival.”
Over the past year, president Trump have taken bold action to correct the failed policys of the past. All the strengthens America. All this to set America`s relationship on a fair and constructive course. All this for the good of both nations. And the rest of the world.
NBA teams up with Communists. Houston
Rockets and NBA beg China for forgiveness. Guard for the Houston
Rockets, James Harden said live on TV that they love China and
everything they are above. Wow.
You can clearly see what money can do for some people. NBA loves free speech, except when money is involved. The one rule dictatorship Communist party in China are considered to be the biggest terrorist regime in the world. A barbarick dictatorship. But who cares about that?
“South park” comedy central TV show enrages China. “I am a proud member of the Communist party. The party is more important than the individual,” they said in the show.
After the TV show, South park creators` “apology” to China was written by Trey Parker and Matt Stone, and it goes like this:
Like the NBA, we welcome the Chinese
censors into our homes and into our heats. We too love money more
than freedom and democracy. Xi doesn`t look just like Winnie the Pooh
Long live the Great Communist Party of China! May this autumn`s sorghum harvest be bountiful! We good now China?
China is staging one of its biggest
military parades ever. It`s a celebration of 70 years of Communist
Party rule as pure, political triumph. It is set to be the largest
military parade and mass pageant in Chinese history.
The 70th Anniversary of the Founding of The People`s Republic of China is an upcoming ceremonial event with a grand military parade as its spotlight to celebrate National Day of the People`s Republic of China that is scheduled to take place on 1 October 2019 in Beijing.
President and Chairman of the Central
Military Commission Xi Jinping, who will be the guest of honor, will
give the holiday address to the nation and Chinese expatriates abrod
before inspecting the formations along Chang`an Avenue.
The Communist Party of China had
defeated the Kuomintang Party following the Chinese Civil War, which
occurred intermittently between 1927 and 1949. In the aftermath of
the civil war, the Kuomintang and its loyalists then retreated to the
island of Formosa (also known as Taiwan), formerly a prefecture of
the Qing Empire, which had been under Japanese colonial rule from
1895 to 1945.
The founding of the People`s Republic
of China was formally proclaimed by Mao Zedong, the Chairman of the
Communist Party of China, on 1 October 1949 at 03:00 pm in Tiananmen
Square in Beijing.
The first public parade of the then new
People`s Liberation Army took place there, following the chairman`s
address of the formal foundation of the new republic. Before this, as
the national anthem March of the Volunteers was played, the new
national flag of the People`s Republic of China was officially
unveiled to the newly founded nation and hoisted for the first time
during the celebrations as a 21-gun salute fired in the distance.
In its early years, the People`s
Republic of China was not internationally recognized as the Republic
of China held its seat in the United Nations and the Security Council
as the sole legitimate government of «China» by the United States
and Western nations.
A massive National Day fireworkks
display had been planned along the harbour in Hong Kong to celebrate
the 70th anniversary. As it has done every year since
1997, Hong Kong government cancelled them «for safety reasons» over
the protests in the city that have lasted since March.
Safety is one thing. Popularity is
another. Hong Kongers doesn`t like Beijing and China.
Hong Kongers have made a new poster:
swastikas and the term «Chinazi.»
A few weeks ago, the protesters marched
to the US consulate to urge Congress to pass the Hong Kong Human
Rights and Democracy Act. Many had American flags. Others had a red
flag with yellow stars arranged in the shape of a swastika.
A week later they all had a «Chinazi»
flag made by local pro-democracy party people power. They also made a
banner that cast chief executive Carrie Lam as an unmistakable
Hitler, giving her the lavel «Butcher Carrie» against a backdrop of
On Sunday 29 September, coinciding with
the 80th anniversary of the divvying up of occupied Poland
between Germany and the Soviet Union, Hong Kongers held a large
protest, alternately dubbed the «Global Anti-Totalitarianism March»
and the «Global Anti-Chinazi March,» alongside dozens of citis
around the world.
«Chinazi» is drawing comparisons
between the Holocaust`s concentration camps and China`s internment
camps in Xinjiang.
Hitler and the Nazis committed one of
the worst atrocities ever in human history, orchestrating a
state-sponsored genocide that led to the murder of millions of
people. Not only Jews, but also political opponents, gay men,
roman`s, gipsy`s and millions of mentally and physically handicapped
Comparing China to Nazi Germany comes
from the author of the book; Nazi China, written by the exiled
Chinese writer Yu Jie. The man also wrote a biography of the late
Nobel Peace Prize laureate and activist Liu Xiaobo.
Chinese state media called Hong Kong`s
protesters «Blacknazi,» while the police called them «cockroaches,»
and protesters regularly refer to police as «dogs.»
Hitler and the Nazi`s committed one of
the worst atrocities ever in human history. They were the worst
state-sponsored terrorist group in human history. Trump talked about
freedom of religion, hate crime and state-sponsored torror in his UN
speech last week, and the term «Chinazi» sends a warning to the
world. The history may repeat itself.
Since the handover in 1997, the share
of people in Hong Kong identifying as Chinese have declined, reaching
38,6 percent in 2008. Today, the number is just 10,8 percent.
Meanwhile, the share of people identifying as HongKongers has
increased dramatically over the last decade, hitting 53 percent this
China Central Television (CCTV) is
expected to mainly broadcast sychronously for domestic and foreign TV
channels with CCTV-1 as the producing channel for the celebrations,
while national, provincial and city broadcasters and TV stations,
domestic internet video, portals, and live webcast sites may also
broadcast the event simultaneously.
The China Media Group (general station)
may also broadcast live overseas through websites such as YouTube.
People in China are grateful and loyal and accept the Communist Party and their lack of political freedom because they have benefited from this explosion of material wealth and opportunity. Don`t forget that free market Capitalism made China rich.