ITALY IS ASKING CHINA TO BUY A LARGE AMOUNT OF THEIR NATIONAL BONDS. I REALLY HOPE SHE WON'T BE SILL (42)
DecentHKLady: ITALY IS ASKING CHINA TO BUY A LARGE AMOUNT OF THEIR NATIONAL BONDS. I REALLY HOPE THAT CHINA WON'T BE SILLY!!!
Why should developing countries as China bother about western countries' irresponsible attitude towards money management?
Chines priminister ask me and i suggested him to not buy,Dont worry Why should developing countries as China bother about western countries' irresponsible attitude towards money management?
------ This thread is Archived ------
DecentHKLady: I am also rather attracted to westerners but I always feel that on a deeper level, they despise Asians (Japanese excepted).
However, I am willing to shake hands with anyone who is genuinely friendly.
However, I am willing to shake hands with anyone who is genuinely friendly.
I think it is the other way around
Most westerners like Chinese Asians, Filipinos and Indonesians, but regard Japanese with some distrustThe biggest problem the Chinese government has IMO is that they are too secret, they need to be more transparent and open, so while the west may not agree with their policies, they can at least understand why certain things happen within China.
------ This thread is Archived ------
ali110: Chines priminister ask me and i suggested him to not buy,Dont worry
Oh seems you are the secret consultant of the Party leader. Big thx!
------ This thread is Archived ------
rizlared: I think it is the other way around Most westerners like Chinese Asians, Filipinos and Indonesians, but regard Japanese with some distrust
The biggest problem the Chinese government has IMO is that they are too secret, they need to be more transparent and open, so while the west may not agree with their policies, they can at least understand why certain things happen within China.
The biggest problem the Chinese government has IMO is that they are too secret, they need to be more transparent and open, so while the west may not agree with their policies, they can at least understand why certain things happen within China.
I know I do! 
------ This thread is Archived ------
Conrad73: Until the Leaders of PRC address the Issues mentioned in this Article,and actually improve all around,there will be no improvement for the people of China!
It's a long article I didn't finish all
but true that China faces many many problems for her to take more steps to progress.There is a huge population with uneven distribution of wealth & geographical resources. There is a long way for education to be extended to all to improve the ppl's quality as a whole.
------ This thread is Archived ------
DecentHKLady: Yes fondness for gold is a tradition for Chinese and Indians.
But I think for the currency to be free for international exchange, it takes time. There involve a complex issue for expert to work out.
I too hope that CNY is free for exchange. When this happens, perhaps Hong Kong Dollar can be replaced or linked with CNY? Now it's linked with at fixed rate with USD, and USD is weak. This' why Hong Kong now is very poor.
But I think for the currency to be free for international exchange, it takes time. There involve a complex issue for expert to work out.
I too hope that CNY is free for exchange. When this happens, perhaps Hong Kong Dollar can be replaced or linked with CNY? Now it's linked with at fixed rate with USD, and USD is weak. This' why Hong Kong now is very poor.
The reason HK has less wealth now than when under the UK administration is that now the PRC is taxing the businesses in HK and taking money out of HK and into mainland China, before all money made in HK was spent in HK. Nothing to do with the USD!!! Just your usual greed.
Hong Kong is still the second wealthiest province in China
------ This thread is Archived ------
galrads: I know I do!
Thx, hopefully not just the body, haha
------ This thread is Archived ------
DecentHKLady: It's a long article I didn't finish all but true that China faces many many problems for her to take more steps to progress.
There is a huge population with uneven distribution of wealth & geographical resources. There is a long way for education to be extended to all to improve the ppl's quality as a whole.
There is a huge population with uneven distribution of wealth & geographical resources. There is a long way for education to be extended to all to improve the ppl's quality as a whole.
It is also down to the indigenous population to help themselves,the Chinese attitude of regarding exam marks as more important than actually understand and being able to use a subject is determined by the people not the government, When Chinese people realise that learning how to use maths or chemistry or a language rather than have teacher teach students to pass an exam, that is when China will really blossom.
------ This thread is Archived ------
DecentHKLady: ITALY IS ASKING CHINA TO BUY A LARGE AMOUNT OF THEIR NATIONAL BONDS. I REALLY HOPE THAT CHINA WON'T BE SILLY!!!
Why should developing countries as China bother about western countries' irresponsible attitude towards money management?
Why should developing countries as China bother about western countries' irresponsible attitude towards money management?
I would assume when the "bid to cover" ratio starts to fall Italy is getting anxious...{a chance for china to earn a higher return than normal if they decide to take the added risk}...........
------ This thread is Archived ------
rizlared: I think it is the other way around Most westerners like Chinese Asians, Filipinos and Indonesians, but regard Japanese with some distrust
The biggest problem the Chinese government has IMO is that they are too secret, they need to be more transparent and open, so while the west may not agree with their policies, they can at least understand why certain things happen within China.
The biggest problem the Chinese government has IMO is that they are too secret, they need to be more transparent and open, so while the west may not agree with their policies, they can at least understand why certain things happen within China.
Quoting Trueblue on the first page, sounds Chinese are also regarded with distrust. They expect us to "drop stones" after we complete with our develop. But actually, Chinese, unlike Japanese, are just concerned with living, rather than fighting.
As a matter of fact, HongKongese don't fully comprehend the Chinese government too. There's another world. Our government are separate but interlinked entities.
------ This thread is Archived ------
rizlared: The reason HK has less wealth now than when under the UK administration is that now the PRC is taxing the businesses in HK and taking money out of HK and into mainland China, before all money made in HK was spent in HK. Nothing to do with the USD!!! Just your usual greed. Hong Kong is still the second wealthiest province in China
Rather ridiculous indeed. Everybody knows how British took profit from HK when HK was still the colonial HK, or y at all British ppl took the trouble managing HK? Do you think just for fun or for the esteem?
If you say PRC is taxing the business in HK, I think it needs to be supported by proof -- at least in HK, it's never unheard of, nor talked about.
HK is not poor indeed, but like China, the wealth concentrates in a few hands - bankers, land owners or real estate developers.
------ This thread is Archived ------
DecentHKLady: Quoting Trueblue on the first page, sounds Chinese are also regarded with distrust. They expect us to "drop stones" after we complete with our develop. But actually, Chinese, unlike Japanese, are just concerned with living, rather than fighting.
As a matter of fact, HongKongese don't fully comprehend the Chinese government too. There's another world. Our government are separate but interlinked entities.
As a matter of fact, HongKongese don't fully comprehend the Chinese government too. There's another world. Our government are separate but interlinked entities.
But thats the whole point, Everyone knows the Japanese are warmongers, what the west fails to understand is that Chinese people are placid and quite the opposite, this is due to the secrecy I mentioned in my other post, if the Chinese where more open, then the west would have a greater understanding of your culture and life style, they would then see they have no need to be fearful of China "Taking over the world" they will understand that China has enough problems looking after their own people without concerning those in other countries.
------ This thread is Archived ------
mustbnutz: I would assume when the "bid to cover" ratio starts to fall Italy is getting anxious...{a chance for china to earn a higher return than normal if they decide to take the added risk}...........
Hopefully high risk will bring high return.
In fact, the new generation of wealthy Chinese is highly supportive of the European economy - they are obsessed with buying European designer brands.
------ This thread is Archived ------
DecentHKLady: Oh seems you are the secret consultant of the Party leader. Big thx!
come here .... 
....go .,..------ This thread is Archived ------
DecentHKLady: Rather ridiculous indeed. Everybody knows how British took profit from HK when HK was still the colonial HK, or y at all British ppl took the trouble managing HK? Do you think just for fun or for the esteem?
If you say PRC is taxing the business in HK, I think it needs to be supported by proof -- at least in HK, it's never unheard of, nor talked about.
HK is not poor indeed, but like China, the wealth concentrates in a few hands - bankers, land owners or real estate developers.
If you say PRC is taxing the business in HK, I think it needs to be supported by proof -- at least in HK, it's never unheard of, nor talked about.
HK is not poor indeed, but like China, the wealth concentrates in a few hands - bankers, land owners or real estate developers.
As you wish.
Try reading the history, study the reason why Britain wanted HK, it was as a trading port, not for tax, Britain actually took very little money out of Hong Kong which is why it became such a wealthy country, it was to the UKs advantage that it remained wealthy so they could use the free port status.
However you have your view and I have mine, best to agree to disagree
------ This thread is Archived ------
rizlared: It is also down to the indigenous population to help themselves,the Chinese attitude of regarding exam marks as more important than actually understand and being able to use a subject is determined by the people not the government, When Chinese people realise that learning how to use maths or chemistry or a language rather than have teacher teach students to pass an exam, that is when China will really blossom.
Well, it takes a lot for China to improve.
But while kids in the west have really mastered the art of learning, y are they stuck in the way?
If China is not truly blooming, is some western countries overbloom then...?...
------ This thread is Archived ------
rizlared: As you wish.
Try reading the history, study the reason why Britain wanted HK, it was as a trading port, not for tax, Britain actually took very little money out of Hong Kong which is why it became such a wealthy country, it was to the UKs advantage that it remained wealthy so they could use the free port status.
However you have your view and I have mine, best to agree to disagree
Try reading the history, study the reason why Britain wanted HK, it was as a trading port, not for tax, Britain actually took very little money out of Hong Kong which is why it became such a wealthy country, it was to the UKs advantage that it remained wealthy so they could use the free port status.
However you have your view and I have mine, best to agree to disagree
You get it wrong. My wording was "took profit", I didn't say thru tax. Definitely, British took profit from HK in a vast no. of ways, but I don't want to go into depth to discuss here.
HK is ruled under the mainland government under a "One country, two systems" principle since 1997. There may be omission and lapses for the central government to tax on HK ppl based on greed, this is really your ungrounded imagination!
HK dollar is linked with US Dollar, this is y HK is in a poor status now. Since US dollar is weak, HK dollar is weak. HK dollar presently to Euro, to Japanese Yen, even to Renminbi is weak and this is a v unfavorable situation when it comes to trade.
High time to sleep now. Good day all!
------ This thread is Archived ------
DecentHKLady: Well, it takes a lot for China to improve.
But while kids in the west have really mastered the art of learning, y are they stuck in the way?
If China is not truly blooming, is some western countries overbloom then...?...
But while kids in the west have really mastered the art of learning, y are they stuck in the way?
If China is not truly blooming, is some western countries overbloom then...?...
I did not say China was not blooming, nor did I say that western education was better than Chinese.
I responded to your post using my experience as a person living and teaching in China, in a very poor province.
------ This thread is Archived ------
DecentHKLady: ITALY IS ASKING CHINA TO BUY A LARGE AMOUNT OF THEIR NATIONAL BONDS. I REALLY HOPE THAT CHINA WON'T BE SILLY!!!
Why should developing countries as China bother about western countries' irresponsible attitude towards money management?
Why should developing countries as China bother about western countries' irresponsible attitude towards money management?
Well you can't blame Italy for trying. Their situation is desperate and to be honest there aren't that many countries in a position to buy bonds.
I agree that China doesn't have much interest in buying Italian bonds unless in doing so it will give Chinese products more access to the general European market or more leverage in European politics.
Italian bonds would at least be Euro-denominated and so would be better at least better than US T-notes, but China would do better to invest its money into developing its own infrastructure rather than to keep accumulating foreign currency.
There's no point in accumulating more paper.
Best to spend the money fixing up their own country than to try to preserve the hopelessly indebted western consumer nations.
Western consumerism is dead.
Only precious metals and vital resources will retain their value as the worldwide economic house of cards collapses.
------ This thread is Archived ------
This Thread is Archived
This Thread is archived, so you will no longer be able to post to it. Threads get archived automatically when they are older than 3 months.
« Go back to All Threads
« Go back to All Threads
More Threads
Common Issues with the BMW X1
Sleepy Don!
Karen McDougal - Playmate Model will testify in Hush Money Trial
Unions support Democrats!
men's perspective towards women
other can see but not you
the way you look
Feel Good Music
The Best of the GOP
your personality
More Threads
Report threads that break rules, are offensive, or contain fighting. Staff may not be aware of the forum abuse, and cannot do anything about it unless you tell us about it. click to report forum abuse »
If one of the comments is offensive, please report the comment instead (there is a link in each comment to report it).
If one of the comments is offensive, please report the comment instead (there is a link in each comment to report it).
Why should developing countries as China bother about western countries' irresponsible attitude towards money management?