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Thread: Anti-Communism: Focus on the Chinese Communist Party

  1. #141
    The Old Guard Smaland's Avatar
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    Beginning at 1:55 in this video, Shelley Zhang of China Uncensored (sitting on the left) interviews Perth Tolle, the founder of the Freedom 100 Emerging Markets Index (sitting on the right).

    Many investors invest in emerging markets such as China. Based upon comments made in the interview, the advisory firms that investors rely upon use what are called emerging market indices. These indices are weighted toward China to the extent of 35-40%.

    Investment recommendations made by these firms are based upon these indices. The first quote below (which extends from 3:22 - 4:15 in the video) explains why personnel at these firms have a job security incentive to follow a particular index published by a company named MSCI.

    Perth: ... indexes provide the benchmarks for the investment community to follow. (Since MSCI is) the biggest indexer in the world, probably around 90% of the world's institutions and biggest investors (are required) to benchmark to MSCI by (company) policy. If MSCI's emerging markets index has 40% China, then (investment advisors) have to follow that weight ... they're going to have to follow that benchmark, if they don't want to have what's called tracking error … (if you) bet against the benchmark and you have high tracking error, which means (the investment outcome) differs (appreciably) from the benchmark ... then you could, potentially, be held responsible for under performance. So you don't want to underperform the benchmark in any way for job security and other reasons in the investment world.
    Considering that most investors aren’t familiar with the internal procedures of advisory firms, it might be said that they’re unwittingly investing money in China.

    *******

    Based upon remarks made in video section 7:57 - 9:09, investor funds are still being directed into Chinese securities, despite the ongoing economic turmoil. Not only that, the investment company BlackRock has even publicly advised people to invest in China. The actual comments made in the interview are recorded below.

    Shelley: if you're investing your money, that's going into ... one of these ETFs or funds, you're going to be invested in China, no matter what ...

    Perth: Correct.

    Shelley: That is stunning. Given exactly what's been happening with China in the last few months.

    Perth: Absolutely.

    Shelley: With Chinese companies ... failing like Luckin Coffee. With Chinese companies, like Evergrande, possibly bringing the entire real estate market to the brink of collapse in China. MSCI, FTSE ... are still saying, 'Our hands are tied.'

    Perth: Yes. So MSCI CEO has come out and said, 'We don't tell people how to invest.' And iShares, which is BlackRock, which tracks MSCI indices, they have come out and spoken very favorably toward China and also have now told investors to triple their China exposure. So they're saying, at this time, after all of this has happened in China, recently in their market, after destruction of capital has happened on the biggest scale we've seen in recent years, you should now triple your China exposure.
    Last edited by Smaland; 10-16-2021 at 10:19 AM.
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  2. #142
    Veteran Member Hexachordia's Avatar
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    When talking about china, people from either domestic and oversea backgrounds have an instinct reation that china is always the comparatively innocent and prospective country in whatever respcts, as if everything negative about china is a paranoid overstretch, something not pragmatical, not for the understanding of social delicacies. This is total garbage. When you can truly give up this feelings, you will be quicker to know about the truth. (Not everyone is interested in truth though).

    When will people realize this is how the greatest scam works, the impeccable false image of moral superiority. Maybe western guilt within people is a part of the reason, but it has nothing to do with chinese people: since you feel the guilt and the necessity to confess to the chinkoms not Christ, you are a commie, out of the question. Dozens of millions of chinese people are being extorted by the deceptive chinese financial system already, if the western investors will be continuing to invest in china, that just shows how inddifferent the world is not just the hypocrisy of people.
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  3. #143
    Veteran Member Hexachordia's Avatar
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    Stop using chinkoms as a guilt porn to your leftist guilt complex.

    Nothing is more deceptive than the cheap moral appeals: love, common prosperity, down with imperialism, feminism, we are not better than commies...All these easy banners, or convenient banners of the most abused public mask of morality is already full of filth accumulated during the process of rallying usages. Hypocrisy however is a condition of life, it is still a form of filth, just like your own daily excrements, which should be a certain benchmark of good health. The reliance on cheap morality is the sign of hypocrisy, just showing you are incapable of conscience, just like all the communists.

    If you have the guilt complex, go to the church, pick up a prayer book, or do some meditations. Stop using chinese people and chinkoms as your excuses, none of our business, and you are with the people like chinkoms pretending to be. We know you are not better, we always know and probably worse too.

    I criticized imperialism but never advocated how to destroy it, but I consider a way to coexist with them. I just advocate for a firm determination of communism as faulty, as an ideology. Maybe my English is not good enough to express all the delicacies involved in this type of discussion, but I do try convey a delicate sentiment among the posts on purpose.
    Last edited by Hexachordia; 10-16-2021 at 07:54 AM.
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  4. #144
    Veteran Member Hexachordia's Avatar
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    --delete, double-clicking.
    Last edited by Hexachordia; 10-16-2021 at 10:26 AM.
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  5. #145
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    By standing up to China, Australia may end up standing alone
    By
    James Laurenceson

    October 14, 2021 8:30 AM GMT+8

    James Laurenceson writes that Canberra sees suffering economic repercussions for “standing up to China” as a badge of honor—and that such a decision would likely lead to Australia standing alone, pundit plaudits aside. Brendon Thorne—Bloomberg/Getty Images

    Earlier this month, with great fanfare, Washington, London, and Canberra announced the AUKUS pact: a security arrangement meant to confront China. The deal was hailed as a “historic opportunity” by Australian Prime Minister Scott Morrison “to protect shared values and promote security and prosperity in the Indo-Pacific region.”

    As the U.S.-China strategic rivalry intensifies, no other capital in the Asia-Pacific region has exceeded Canberra’s gumption in backing Washington, as well as trying to rally others to the cause. Security arrangements like the AUKUS deal might imply that these efforts are paying off, as America strongly supports Canberra’s efforts as relations with China worsen.

    But the realm of trade tells a more complicated story. Canberra’s handling of superpower relations has provided a cost-free lesson for those elsewhere. Australia is the starkest example of a dilemma all countries in the region face: relying on China for economic growth, yet on the United States for security. Canberra’s choices reveal the mistakes behind a mindset that regards suffering economic repercussions for “standing up to China” as a badge of honor—and how a country that takes such an approach would likely stand alone, pundit plaudits aside.

    Australia’s tilt against China began in the second half of 2016. But for the most part, Beijing limited its displeasure to the diplomatic realm. The last time a leader’s visit took place was in March 2017, and ministerial-level visits were few and far between.

    This changed in April 2020 when Australian political leaders conveyed a distinct impression of coordinating with the Trump administration to attack China over the COVID-19 pandemic.

    Beijing unleashed a campaign of trade disruption that now affects around a dozen Australian exports—everything from coal to wine.

    Despite local boosters of Canberra’s “crazy-brave” approach emphasizing that officials in Tokyo and New Delhi have issued joint statements with Canberra “opposing coercive economic practices,” neither Tokyo nor New Delhi were prepared to even confront China by name.

    Indonesia, the indisputable center of economic and strategic gravity in Southeast Asia, declined altogether to sign up to any reference to economic coercion.

    The fact is that plenty of capitals have serious concerns about China’s behavior under President Xi Jinping and have far more serious direct disputes with Beijing than does Canberra. But few appear convinced that the Australian government’s approach is preferable to a strategy of cautious hedging.

    And why would they be?

    Australia is now an outlier in having no senior political dialogue with China and in the breadth of trade disruption it is experiencing.

    In June, Singapore Prime Minister Lee Hsien Loong delivered pointed remarks while standing alongside Prime Minister Morrison at a joint press conference: “There will be rough spots [with China]…and you have to deal with that…But deal with them as issues in a partnership which you want to keep going and not issues which add up to an adversary which you are trying to suppress.”

    The region also hasn’t missed that while U.S. Secretary of State Antony Blinken, insisted in May that the United States “will not leave Australia alone on the field,” Washington has yet to show any interest in bearing a cost to make good on that promise.

    In March, the acting U.S. ambassador in Canberra, Mike Goldman, cheered Australia on: “I’d just say keep on doing what you’re doing but with confidence that the United States and other like-minded democracies see an interest in having Australia succeed.” Yet when presented with the latest trade data showing American companies were exporting more commodities to China, filling the gap left by barred Australian imports, the U.S. embassy declined to comment.

    Six months after White House coordinator for the Indo-Pacific Kurt Campbell insisted that the U.S. was “not prepared to improve relations” with China so long as Australia was being hit with trade attacks, U.S. Commerce Secretary Gina Raimondo is now talking up increased trade with China: “It’s just an economic fact. I actually think robust commercial engagement will help to mitigate any potential tensions.”

    After an eight-month review of the U.S.-China trade relationship, this week the U.S. Trade Representative, Katherine Tai, announced that the Biden administration was striving for a “recoupling” rather than decoupling. She said her intention was to advance this agenda and tackle ongoing U.S. concerns through direct dialogue and negotiations with the Chinese side.

    Meanwhile, Australia’s trade minister, Dan Tehan, has not been able to secure even a phone call with his counterpart in Beijing since he took on the portfolio in December last year.

    Ambassador Tai also emphasized that enforcement of the Phase One deal the Trump administration struck with Beijing in January 2020 was a priority. This deal contained numerous Chinese commitments to purchase American goods, putting producers in Australia at an unfair disadvantage.

    To be clear: None of this excuses or deflects attention away from Beijing’s bad behavior toward Australia. And, for its part, Washington’s support for American producers and households is exactly what one should expect.

    As Michèle Flournoy, a former senior Clinton and Obama administration official, stated last month: “I’m not sure that the White House can control Napa Valley exports of wines to China.”

    This complicated balance is well understood in Australia’s region. The one exception, perhaps, is Canberra.

    Professor James Laurenceson is director of the Australia-China Relations Institute at the University of Technology Sydney.


    ================================================== =======================================

    I just saw the chinese report about this article this morn, finding it quite a typical repercussion of the chinkom rhetorics like you gotta be pragmatical to cooperate with us, because the century belongs to us; you are too naive, china is too mysterious, U do not know who you are messing with. But after all, these rhetorics do not direct to any other than chinese people ourselves, including this internationally published article in the USA penned by foreign scholars like Prof James Laurenceson. The trick here is that nobody really believe in this type of intimidation if not for the belief system maintained by the order of money, since there exists an international capital highway between china and other major countries, as the international financial market tugs on the social confidence in economy, a belief system becomes realized. Nobody except for the chinese people is morally obliged to this system of belief, but when we have two components of the international financial system one on the moral part and the rest on the interested part, it forms a system of moral pragmatism based on the the power of international capitals. Standing alone? when do we people have trustworthy allies? Nothing is better in one own life to stand alone for oneself once a while, at any cost.
    Only through courage and resolution, we can protect ourself from all the lies in the universe

  6. #146
    Veteran Member Hexachordia's Avatar
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    Last edited by Hexachordia; 10-16-2021 at 11:42 AM.
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  7. #147
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    This complicated balance is well understood in Australia’s region. The one exception, perhaps, is Canberra.

    ================================================== =======



    hahhahah, always the good old balance again, balance between china and the west, balance between russian and the west, between communism and capitalism blahblachupacabrah.

    Nothing can be more nonsensical than this balance game, this is how the commies in china and the west exploit the world, when you believe you can play certain kind of balance between the tensions, you also will become their pawns. And the most misleading trick here is that you will also believe that there is a permanent geopolitical value to your little cesspool country,,,like Taiwan and Skorea...Non non monsieur. In the face of the flowing capitals, there is no permanent value to whatever the geopolitical advantages also, it is why I believe that the west will eventually give up Taiwan to china. This is why to prepare to be a lone player is a very important part in the anticommunist, antimoneycult struggle. If Aussie has to stand alone as the consequence against the chinkoms, then, nothing better there proves that my theories as far are RIGHT.

    People do not need a better friend than Jesus Christ !! Go, galant aussies !!
    Last edited by Hexachordia; 10-16-2021 at 11:37 AM.
    Only through courage and resolution, we can protect ourself from all the lies in the universe

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