China aims to 'Make China Great' with world's largest development plan
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Re: China aims to 'Make China Great' with world's largest development plan
Interesting report which includes the Chinese development in Koh Kong Province
HARBORED AMBITIONS
https://static1.squarespace.com/static/ ... itions.pdf
HARBORED AMBITIONS
https://static1.squarespace.com/static/ ... itions.pdf
Re: China aims to 'Make China Great' with world's largest development plan
When one country has a $500 billion trade deficit with another country, it is ridiculous to say "they need each other" in anything resembling equal amounts.
Re: China aims to 'Make China Great' with world's largest development plan
where once sea life flourished on atolls & reefs is now concrete & a threat to global peace.
thru shit to more shit
- bolueeleh
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Re: China aims to 'Make China Great' with world's largest development plan
as for world influence, khmer practice cheng meng (ancestral tomb sweeping), vietnam celebrates new year with same lunar calendar etc etc
kids now a days wear jeans, have iphones, drinks cokes, enough said, influence comes and goes.
kids now a days wear jeans, have iphones, drinks cokes, enough said, influence comes and goes.
Money is not the problem, the problem is no money
- that genius
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- that genius
- Expatriate
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- Joined: Wed Dec 06, 2017 7:53 am
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Re: China aims to 'Make China Great' with world's largest development plan
Who said that?
You have a habit of selectively quoting people and them putting words in their mouths.
I've put in bold font the part you added, which resembles nothing I stated.
Have you thought of joining Fox News or the Tory Party?
Re: China aims to 'Make China Great' with world's largest development plan
you can really feel the global tension
gold is being hoarded
something big is afoot
gold is being hoarded
something big is afoot
thru shit to more shit
- that genius
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Re: China aims to 'Make China Great' with world's largest development plan
I'm ready, sunglasses and table to hide under
Can we schedule it for the weekend after payday, preferably Sunday evening?
Can we schedule it for the weekend after payday, preferably Sunday evening?
Re: China aims to 'Make China Great' with world's largest development plan
that genius wrote: ↑Sun Apr 22, 2018 4:53 pmWho said that?
You have a habit of selectively quoting people and them putting words in their mouths.
Re: China aims to 'Make China Great' with world's largest development plan
Malaysia Is Fed Up With Chinese Cash. Bloomberg asia
Chinese President Xi Jinping won't be on the ballot when Malaysians vote for a new government on Wednesday. But he is on election billboards. Although it's probably not a role that Xi would've chosen for himself, China's influence on Malaysia's economy has become one of the most bitterly contested issues in a bruising campaign.
That's certainly awkward for China, which presents itself as a champion of economic development around the world. Increasingly, though, its vision isn't shared. In Malaysia and elsewhere, popular opposition to Chinese investment is rising, driven by the perception that its benefits flow only one way. In that sense, Malaysia's election should be a wakeup call.
Until recently, Malaysia actually sent far more investment to China than the other way around. But in 2013, Xi announced his signature Belt and Road initiative, a $1.5 trillion infrastructure project spanning 80 countries. It's designed to knit distant markets more closely to China, while also spurring local development. Malaysia's strategic location on the Strait of Malacca, through which about 40 percent of global trade flows, makes it a prime destination for such investment.
And China has indeed invested. So far, there are $34 billion worth of government-backed projects underway, including a gas pipeline and the $17 billion (at least) East Coast Rail Link. China's private sector is splurging, too: Between 2012 and 2016, Malaysia received $2.37 billion in Chinese real-estate investment, ranking it third among Belt and Road countries. Chinese money is also pouring into manufacturing, energy, and metals, as well as logistics and e-commerce.
Malaysia's current government has welcomed these investments as needed infusions into an economy battered in recent years by low oil prices and scandal-driven financial uncertainty. But several factors have started turning Malaysians against them.
For one thing, there are widespread fears about how China is financing these big projects and whether Malaysia can actually meet its payments. Last year, Sri Lanka handed over its Port of Hambantota to Chinese state-controlled firms in return for $1.1 billion in relief from debts incurred building the port. That development wasn't missed in Malaysia, where China has been lending just as aggressively.
Chinese companies are also notorious for importing workers, equipment and materials from back home, rather than relying on local resources. In the case of Malaysia's rail link, the government has even cited language barriers to defend the practice. Similar complaints have been aired from Ghana to the Philippines.
Chinese real-estate investment, meanwhile, has spurred jealousy, sovereignty concerns and occasional xenophobia. Between 2012 and 2016, foreigners accounted for about 35 percent of residential land transactions in Malaysia, with Chinese making up the majority. Most notable is the massive Forest City development off the Straits of Johor, which is expected to eventually have 700,000 residents. So far, 70 percent of the buyers have been Chinese. The units, costing upward of $250,000, are out of reach for most locals.
Chinese President Xi Jinping won't be on the ballot when Malaysians vote for a new government on Wednesday. But he is on election billboards. Although it's probably not a role that Xi would've chosen for himself, China's influence on Malaysia's economy has become one of the most bitterly contested issues in a bruising campaign.
That's certainly awkward for China, which presents itself as a champion of economic development around the world. Increasingly, though, its vision isn't shared. In Malaysia and elsewhere, popular opposition to Chinese investment is rising, driven by the perception that its benefits flow only one way. In that sense, Malaysia's election should be a wakeup call.
Until recently, Malaysia actually sent far more investment to China than the other way around. But in 2013, Xi announced his signature Belt and Road initiative, a $1.5 trillion infrastructure project spanning 80 countries. It's designed to knit distant markets more closely to China, while also spurring local development. Malaysia's strategic location on the Strait of Malacca, through which about 40 percent of global trade flows, makes it a prime destination for such investment.
And China has indeed invested. So far, there are $34 billion worth of government-backed projects underway, including a gas pipeline and the $17 billion (at least) East Coast Rail Link. China's private sector is splurging, too: Between 2012 and 2016, Malaysia received $2.37 billion in Chinese real-estate investment, ranking it third among Belt and Road countries. Chinese money is also pouring into manufacturing, energy, and metals, as well as logistics and e-commerce.
Malaysia's current government has welcomed these investments as needed infusions into an economy battered in recent years by low oil prices and scandal-driven financial uncertainty. But several factors have started turning Malaysians against them.
For one thing, there are widespread fears about how China is financing these big projects and whether Malaysia can actually meet its payments. Last year, Sri Lanka handed over its Port of Hambantota to Chinese state-controlled firms in return for $1.1 billion in relief from debts incurred building the port. That development wasn't missed in Malaysia, where China has been lending just as aggressively.
Chinese companies are also notorious for importing workers, equipment and materials from back home, rather than relying on local resources. In the case of Malaysia's rail link, the government has even cited language barriers to defend the practice. Similar complaints have been aired from Ghana to the Philippines.
Chinese real-estate investment, meanwhile, has spurred jealousy, sovereignty concerns and occasional xenophobia. Between 2012 and 2016, foreigners accounted for about 35 percent of residential land transactions in Malaysia, with Chinese making up the majority. Most notable is the massive Forest City development off the Straits of Johor, which is expected to eventually have 700,000 residents. So far, 70 percent of the buyers have been Chinese. The units, costing upward of $250,000, are out of reach for most locals.
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