炒饭和炒面
289 posts
Imagine you come from a country that:
invaded the entire planet;
possesses over 800 military bases globally;
has only been at peace for 17 years in its 250-year history;
bombed 8 countries last year alone;
kidnapped foreign leaders; assassinated religious leaders; and killed 175 elementary school students.
And then you shamelessly accuse China, which hasn't participated in any war for 46 years, of being warmongering.
It's a classic case of self-projection.
whm_w@whmw1215120
@OopsGuess China is building military bases on neighbors zone on top of reefs in the South China Sea. And went to “special operation” against Vietnam after US left, along with other border disputes against almost all of its neighbor. China is as belligerent as ever
English
🚨GERMANY IS LOSING ITS INTERNATIONAL RELEVANCE!
🇩🇪 Germany, for the FIRST TIME in its modern history, failed to secure a seat on the United Nations Security Council, receiving only 104 votes.
🇵🇹 Portugal and 🇦🇹 Austria were elected to the council instead.
English
1990年。
初めて北京へ行った私は思いました。
「こんな国、二度と来ない」
ボロボロの家。 物乞いする子供。 美味しくない食事。
正直、中国が嫌いでした。
それから20年、仕事で中国市場を調べることになり、そこで見た数字は衝撃でした。
新規商談数
中国：その他世界＝10：1
本当にそんなに成長したのか？
確かめるために上海へ自腹で飛びました。
そして浦東空港に降り立って言葉を失いました。
リニアモーターカー。 巨大な地下鉄網。 高層ビル群。
私は母に電話してこう言いました。
「獅子、起きていた。完全に。」
あの2泊3日で人生が変わりました。
続きはnoteへ
note.com/chotelsommelie…
日本語
🇪🇺🇨🇳 The European Union's share of the global economy has fallen from 30% to 17% in just 17 years.
That's roughly the same relative decline China experienced during the Qing Dynasty.
The difference?
China took about 50 years.
Europe did it in 17.
For decades, Europe helped shape the global economy, global institutions, and the rules of the international order.
Now it's increasingly adapting to a world being shaped by others.
The real question is whether Europe still knows how to stop it.
Source: legrandcontinent, Counter Intelligence Global (Telegram)
English
I think that as more mainland Chinese people come on this app and engage with many people here they'll come to the conclusion "there are no intelligent people here" and go back to native Chinese social media.
政治知新@seijichishin
中国の石油備蓄タンク。抜き打ちした結果。ほとんどが空だったか、データを偽造するために水で満たされていたことが明らかになり、現実には石油備蓄が枯渇していた。
English
Japan spent $73.6 billion last month defending the yen.
It still finished May as the worst-performing major currency in the world.
When the largest defense in your history cannot hold the line, the problem is not the currency. It is the regime underneath it.
On April 30 the yen hit 160.7 to the dollar, its weakest since 2024. Japan intervened, then intervened again. The yen is already sliding toward 160 a third time. The Bank of Japan cannot meet until June 16.
This is not a Japan story. It is a transmission story.
95 percent of Japanese crude comes from the Middle East. 70 percent of it moves through the Strait of Hormuz. That strait has now been closed for 94 days. Japan’s crude imports just collapsed 64 percent in a single month, the steepest fall since 1980. Oil sits above $90. Japan is draining a strategic reserve it built for exactly this.
Every barrel it can still buy costs more yen. The currency weakens further. And the central bank is cornered. It can raise rates to defend the yen and fight imported inflation. Or it can protect the machine that has quietly funded global markets for two decades. It cannot do both. Intervention buys time. It does not turn the tide.
That machine is the yen carry trade. Borrow yen at almost nothing, sell it, buy higher-yielding assets anywhere on earth. The cheapest funding in the world, sitting underneath risk positions most investors never trace back to Tokyo. When the yen breaks and the Bank of Japan is finally forced to hike, that funding runs in reverse.
This is the same rotation playing out across every market. Capital draining from the periphery, from emerging markets, from the yen, from Bitcoin, into US AI duration. The dollar bid. American equities at records. The yen at 160 is the same data point as Bitcoin below $71,000, read in a different language.
But Japan is the one node that can reverse the flow. The rotation into US assets stays orderly only while the carry trade holds. The day the yen breaks for real, the orderly rotation becomes a disorderly scramble for the same exit.
Japan is the fastest clock in the system. It defends in real time, burns reserves by the day, and is still losing. The United States is the slowest clock. It gets to absorb. The gap between those two clocks is where the next crisis is priced.
The next reading is June 16, when the Bank of Japan meets with a hike now priced near 80 percent.
Watch the S&P if you want to know how the story is being told.
Watch the yen if you want to know when it ends.
English
A teacher working in one of the poorest mountain counties in China kept noticing the same thing. Girls would disappear from her classroom. One week a student was at her desk, the next she was simply gone. When the teacher asked around, she learned the truth. The girls were being pulled out of school and married off young, sometimes in exchange for a dowry that the family needed more than they felt they needed an educated daughter.
Her name is Zhang Guimei, and she taught in Huaping County, a mountainous corner of Yunnan province in the country’s southwest. On one home visit she came across a thirteen-year-old girl sitting at the side of a road, crying. The girl told her she wanted to study and did not want to marry. Her parents were taking her out of school to be married for a dowry of about thirty thousand yuan, around four thousand US dollars at the time. Zhang fought for her, but lost. She never saw that girl again, and she has called it a regret she has carried her whole life.
That was when a stubborn idea took hold in her. She would build a high school where poor mountain girls could study completely free, so that no family could ever again say they could not afford to keep a daughter in school.
For years she spent her holidays on the streets, asking strangers for donations. In about five years of begging she raised almost nothing, something like a few thousand yuan. People doubted her, and some openly called her a swindler.
In 2008, after all of that, she opened the first completely free high school for girls in China. Its first graduating class, in 2011, sent every single one of its hundred students to university. In the years since, more than 1,800 girls from those mountains have gone on to university, daughters who under the old arithmetic would have been married off and forgotten.
English
Why things will eventually fall apart:
1. Everybody, even Google, seems to be treating AI as if it were some kind of winner take all competition like web search was, in which Google taking over 95%
2. But everybody is building essentially the same technical solution with essentially the same data, so there is no moat.
3. If there is no moat, nobody is going to take 90% of the market.
4. With no clear winners, nobody can charge monopoly prices; instead, you get price wars and commodity pricing.
5. Which means everybody will wind up overpaying compared to the modest profits they will be able to make in an intensely competitive regime.
Am I missing something?
Deirdre Bosa@dee_bosa
Alphabet generated over $160b in operating cash flow last year… yet it’s still issuing $40b+ in equity to fund AI compute (including a private placement to berkshire) One of the biggest cash generators in tech is diluting to keep up
English
I find the concept of “overcapacity” ridiculous. Does Germany have an overcapacity in cars? France one in wine? Sweden in heavy trucks? Italy in fashion? And don’t tell me that European food exports aren’t subsidized. euobserver.com/218003/china-t…
English
Çinli bir hemşire, “Uçan İğne” adı verilen tekniği kullanıyor; siz daha ne olduğunu anlamadan kan alma işlemini tamamlıyor.
Türkçe
