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Joined 1 year ago
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Cake day: June 19th, 2023

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  • They don’t trust it, they just have no other figures to work off.

    That’s why they publish it. Not like there are (western adaptations of) the Li Keqiang Index

    https://www.bloomberg.com/news/articles/2023-08-16/china-is-hiding-more-and-more-data-from-the-rest-of-the-world

    1. At least have the decency to post the archive link https://archive.md/sgBQK
    2. Youth unemployment in the article:

    Calculating the actual employment rate is complex and it’s plausible the government decided the changing nature of the economy and labor patterns means their current model isn’t accurately reflecting reality.

    Obtuse way to say that the category 16-24 olds are studying and not part of the labour force

    1. Landsales: Communists don’t like speculation with real estate and land. Shocker. Not like they’ve been announcing a shift away from real estate to EV/Solar Panels/etc.
    2. Currency Reserves, Bond Transactions, Academic Information, Politicians’ Biographies:

    President Xi Jinping’s ideological battle with the US has also motivated Beijing to ringfence data it believes could advantage the Biden administration.

    Based.

    A 15 year trend of growth on average no matter how you measure it: market cap, number of nodes, transaction volume, transaction capacity, etc.

    If you think that’s the critique of bitcoin then you have been blinded by techbros optimizim on the tech. Also it’s funny how you wave away bitcoin using up 1% of global electricity usage lol







  • They do not touch on the real reasons for these amendments. One is to look tough and nationalistic to their domestic audience. Another is to inflict psychological fear in Taiwanese and those who support Taiwan internationally that the CCP could potentially be coming for us, not only in China, Hong Kong and Macau, but in 45 other countries as well.

    Hey guys did you know the real reason is to look tough and nationalistic and not (among other reasons) the US attempt to have an unsinkable air craft carrier to project power

    According to human rights NGO Safeguard Defender

    Lel

    Taiwans ADIZ

    I wonder why this extends into the mainland. Could there be historical context?

    When the CCP is planning another dramatic change of the status quo, they go out of their way to also pick a date when it will send a message.

    For example, often when countries switch diplomatic recognition from Taiwan to China, the announcement will be timed to pack a punch, such as Nauru making their announcement right after William Lai (賴清德) won the election. Similarly, there was no way the enormously complex live fire training exercises China launched to upend the status quo could have been planned in the tiny window of time from the-then US House of Representatives speaker Nancy Pelosi’s announcement she was to visit Taiwan and her arrival. They had planned it long in advance, — her trip was merely an excuse. To this day, it is common to see the Chinese military gray zone menacing behavior that continues being traced to Pelosi’s visit, almost as if she were somehow to blame.

    Hey trust me they’ve been planing this for a long time. And these misogynists of course blame girl queen Pelosi. Not like China denounced the visit in advance. Classic reversal of cause and effect.






  • The country ramped up coal-fired generation, but also added more renewable capacity than the rest of the world combined, according to the annual Statistical Review Of World Energy from the Energy Institute (EI). This means the carbon intensity of its energy is actually falling.

    Chinese consumption is being driven by the expansion of data centres, 5G infrastructure and car charging, while many factories are also running at full tilt to meet demand for goods overseas.

    “We should not ignore the energy and emissions that Europeans have effectively exported to Chinese manufacturers,” EI chief executive officer Nick Wayth said.