• 47 Posts
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Joined 6 months ago
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Cake day: November 10th, 2025

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  • This is not (only) about trade.

    A year ago, during an election campaign in April 2025, Carney called China “Canada’s biggest security threat”. Now China is a “strategic partner”.

    Canada called out China over forced labour practices (for which there is ample evidence), Now Carney says forced labour is a ‘global issue’ with parts of China are ‘at higher risk’. Carney and his finance minister Champagne recently avoided to address the fact that Chinese EV makers BYD has been found to use forced labour in its factories in Hungary and Brazil.

    The Canadian military flew seven surveillance missions over waters near China in the past month to enforce North Korean sanctions, but the Department of National Defence is no longer confirming whether Chinese aircraft intercepted those flights, as it has in years past.

    These are a few examples. It hurts Canada imho. It can soon hurt Canadians as soon as China attempts to take advantage over its new ‘partnerhips’ by coercing the Canadian government for political gains (there is ample evidence that Beijing has been doing so with other countries in the past).

    You may find another term than bowing, but this is what it is imo. It’s certainly true that the US isn’t a reliable partner anymore, but this doesn’t make China better. It’s the dictatorship it has ever been, and as such it is even worse than the US.





  • At least you know what to expect out of China.

    Yeah, if we see this as some sort of satire. You know that China will break any prior agreement as soon as the government thinks it can take advantage over it. What you can expect is coercion at the cost of Canadians.

    Having that said, this is not about the US and China. There are other allies for Canada that play by rules of law. You know what to expect from them, and its more and better for Canada than what you can expect from a government like China’s.





  • Xi Jinping needs an annual GDP growth of 5% to meet China’s long-term goals. So China’s growth is always around 5%, at least according to official sources.

    Economists even within China doubt that the official statistics in China are correct. In September 2024, Zhu Hengpeng - a leading economist who worked for the Chinese Academy of Social Sciences (CASS) for more than 20 years, most recently as the Institute of Economics deputy director and director of the Public Policy Research Center - disappeared after criticizing China’s official statistics, claiming the official data is trying to gloss over the Chinese economy which is in a much worse state than the official numbers make people believe. (In the meantime Zhu works again for the Academy afaik, but he now believes the data - at least ‘officially’.)



  • ‘Betting on China’s low inflation’ is a bold statement as China has been (unsuccessfully) betting deflation for mote than 3 years now. It’s not good for the economy nor the bond market.

    Inferring that China is a ‘shelter’ from war given a single month’s data as in this article is even bolder imho. We’ll see what happens next months (but I am confident that OP will find something that satisfies their propaganda lust).

    The interesting bit is that even the South China Morning Post - a propaganda outlet in China operating under the Chinese Communist Party’s censorship regime - is more critical about the Chinese bond market that Reuters (and Bloomberg, they haven been conveying similar pro-China narratives for some time; this has not necessarily to do with Bloomberg’s collaboration with a range of Chinese institution).

    Citing Chinese bond market experts, the outlet says that China’s bond market moves “suggest limited conviction in the reflation narrative”, adding that the “uptick in prices was likely driven more by higher commodity costs than a genuine recovery in demand, which remained constrained by a weak labour market and a prolonged property downturn.” [Here is the source.]



  • Sanchez said China should take on a more substantial role with issues including climate change, security, defense ​and the fight against inequality …

    China is the greatest bully in Asia and supposedly in history worldwide. It threatens entire populations like Taiwan, Japan, Australia, and many others, sometimes Beijing’s envoys issue what can only be understood as death threats against government officials (like in the case of Japan’s PM). What role would China take in security and defense according to Sanchez?

    China in among the country with the highest inequality globally, it’s higher than in any democracies (e.g., in many European democracies inequality is by a third lower than in China), and wealth inequality has been even increasing steadily in the last decade.

    Sanchez is fighting a series of corruption scandals at home that threatens his political survival while courting the largest dictatorship in history. It’s really time that he follows Orban’s path.