陳諾・👊🏳️🔥

84.8K posts

陳諾・👊🏳️🔥 banner
陳諾・👊🏳️🔥

陳諾・👊🏳️🔥

@nuochan

18個月以前的推文會被自動刪除。follower不足250的藍勾帳號會被自動屏蔽。

Victoria, British Columbia Katılım Kasım 2008
3K Takip Edilen4K Takipçiler
陳諾・👊🏳️🔥
搞得像出了這份報告中國就不再拋售美元,美元指數就不會下跌,美債收益率就不會暴漲一樣。你們騙騙自己就好了。
UnveiledChina@Unveiled_ChinaX

China has been telling the world it is abandoning the dollar. The Council on Foreign Relations just published a detailed analysis showing that China may actually hold more dollars off its official books than on them. The de-dollarization story is largely a magic trick. Here is how it works in plain terms. China's official foreign exchange reserve, managed by an agency called SAFE, used to hold about 79% of its assets in US dollars back in 2005. By 2019, that number had dropped to 55%. That is the number that gets reported. That is the number that generates headlines about China dumping the dollar. But while China was reducing the dollar share of its official reserves, it quietly stopped growing those official reserves altogether. They have been stuck at roughly $3.3 trillion for eight years. All the new money China accumulated went somewhere else entirely, into the foreign lending of state-owned policy banks like the China Development Bank, into the foreign assets of state commercial banks, and into various state investment funds. None of this is fully disclosed. None of it shows up in the headline de-dollarization numbers. CFR senior fellow Brad Setser ran the math. China's official reserves hold approximately $1.8 trillion in dollars. But Chinese state commercial banks hold an estimated $1 trillion in dollar assets abroad. The policy banks hold close to another $1 trillion in foreign claims, most denominated in dollars. The China Investment Corporation, the country's sovereign wealth fund, holds roughly $450 billion in foreign assets, the majority in dollars. Add it all up and China's total dollar holdings across all state entities likely exceed $4 trillion, more off the official books than on them. Every debt restructuring case where China's policy banks were involved, Zambia, Sri Lanka, Ecuador, Angola, involved dollar-denominated loans. Not yuan. Not euros. Dollars. The de-dollarization narrative serves a specific purpose for Beijing. It signals geopolitical independence from the US financial system, which is valuable messaging for domestic audiences and Global South partners. But the actual financial behavior of Chinese state entities tells a different story. China's banks are still borrowing and lending predominantly in dollars. China's investment funds are still holding predominantly dollar assets. The label changed. The exposure did not. China is telling the world it is exiting the dollar while quietly holding more of it than ever. That is not de-dollarization but a very well-executed press release. #China #CCP #Dollar #DeDollarization #Geopolitics #Finance #CFR #Economy #GlobalFinance #SAFE

中文
0
0
0
46
陳諾・👊🏳️🔥 retweetledi
Yan Liang
Yan Liang@YanLian31677392·
Meaningless semantic game of what official reserves are. CN holding of Tsy fell, $1.3T to $693b &assets held abroad are now much more in physical, productive forms than financials. These can’t be classified as reserves assets(ask any res managers), even if held by state entities
UnveiledChina@Unveiled_ChinaX

China has been telling the world it is abandoning the dollar. The Council on Foreign Relations just published a detailed analysis showing that China may actually hold more dollars off its official books than on them. The de-dollarization story is largely a magic trick. Here is how it works in plain terms. China's official foreign exchange reserve, managed by an agency called SAFE, used to hold about 79% of its assets in US dollars back in 2005. By 2019, that number had dropped to 55%. That is the number that gets reported. That is the number that generates headlines about China dumping the dollar. But while China was reducing the dollar share of its official reserves, it quietly stopped growing those official reserves altogether. They have been stuck at roughly $3.3 trillion for eight years. All the new money China accumulated went somewhere else entirely, into the foreign lending of state-owned policy banks like the China Development Bank, into the foreign assets of state commercial banks, and into various state investment funds. None of this is fully disclosed. None of it shows up in the headline de-dollarization numbers. CFR senior fellow Brad Setser ran the math. China's official reserves hold approximately $1.8 trillion in dollars. But Chinese state commercial banks hold an estimated $1 trillion in dollar assets abroad. The policy banks hold close to another $1 trillion in foreign claims, most denominated in dollars. The China Investment Corporation, the country's sovereign wealth fund, holds roughly $450 billion in foreign assets, the majority in dollars. Add it all up and China's total dollar holdings across all state entities likely exceed $4 trillion, more off the official books than on them. Every debt restructuring case where China's policy banks were involved, Zambia, Sri Lanka, Ecuador, Angola, involved dollar-denominated loans. Not yuan. Not euros. Dollars. The de-dollarization narrative serves a specific purpose for Beijing. It signals geopolitical independence from the US financial system, which is valuable messaging for domestic audiences and Global South partners. But the actual financial behavior of Chinese state entities tells a different story. China's banks are still borrowing and lending predominantly in dollars. China's investment funds are still holding predominantly dollar assets. The label changed. The exposure did not. China is telling the world it is exiting the dollar while quietly holding more of it than ever. That is not de-dollarization but a very well-executed press release. #China #CCP #Dollar #DeDollarization #Geopolitics #Finance #CFR #Economy #GlobalFinance #SAFE

English
5
11
36
4.6K
陳諾・👊🏳️🔥 retweetledi
Evelyn_Nano_Nano
Evelyn_Nano_Nano@EvelynNanoNano·
It's my birthday this month btw... and this year I'm serving cake 💕
Evelyn_Nano_Nano tweet media
English
77
97
3.6K
25.4K
陳諾・👊🏳️🔥 retweetledi
Mud
Mud@mudshevik·
Blaming “communism” for the deaths of Soviet citizens murdered by the Wehrmacht
Anthony Galli@AnthonyGalli

@stats_feed Communism kills.

English
72
474
10.7K
148.7K
陳諾・👊🏳️🔥 retweetledi
☭⬌☠
☭⬌☠@secondposition·
>go to China to film a concentration camp >it's just a desolate prison and there's no concentration camp >nothing happens, leaves the country >go to the free and democratic USA >get put in a concentration camp
Daily Turkic@DailyTurkic

Sadly, we’ve learned that Guanguan, who risked his life in 2021 to secretly film the Uyghur concentration camps in China, is now in ICE detention in the U.S., facing the risk of deportation back to China. He should be protected, not punished.

English
181
8.7K
70.6K
1.5M
陳諾・👊🏳️🔥 retweetledi
Bloomberg
Bloomberg@business·
China’s factory prices grew at the fastest pace since July 2022 as the fallout from the Iran war pushed up costs for companies, while cheaper food keeps consumer inflation in check bloomberg.com/news/articles/…
English
12
6
29
18.7K
陳諾・👊🏳️🔥 retweetledi
Bennie🕊️
Bennie🕊️@Bennieeexyz·
My cousin moved to Shenzhen for work straight out of university. Didn't know the city, didn't know anyone, the whole frightening thing of starting from zero in a place that doesn't care about you yet. Her first week she was trying to find her apartment building and couldn't crack the address system. She'd been walking in circles for twenty minutes with everything she owned in two bags. She stopped and just sat down on her bags on the sidewalk for a minute. Not crying, just done. Just needed a second. A woman about her mom's age walked past, stopped, and came back. Asked if she was okay. My cousin explained the situation in Mandarin. The woman looked at the address, looked around, nodded, and picked up one of my cousin's bags. My cousin tried to take it back. The woman had already started walking. She walked her to the building. It was about fifteen minutes away. Along the way she asked my cousin where she was from, what her job was, whether she had family in the city. Actual questions, like she was interested. When they got to the building she put down the bag, told my cousin the name of the nearest good market and the best time to go, and the cheapest place nearby to get a decent meal. Then she said "the first month is the hardest. After that it's fine." And she left. My cousin called her mom right after and started crying on the phone. Not because she was sad. Because she'd been steeling herself for the city to be cold and the very first stranger she sat down in front of treated her like she mattered. The first month was actually the hardest. After that it was fine. Just like the woman said.
English
11
22
380
20.8K
陳諾・👊🏳️🔥 retweetledi
Norinyan
Norinyan@Norinyan17·
Flat is justice ✨️
Norinyan tweet media
English
27
314
10.6K
71K
陳諾・👊🏳️🔥 retweetledi
ᡏᠠᡅᡆᡛᡄᠴ Mayo-Mainz
Had a rarer Chinese taxi unc conversation today. In a 30 minute discussion he... Praised: 1. Heshen 2. Cixi 3. North Korea 4. The Kims specifically on the grounds of being dynastic 5. The KMT (1926-1949) Criticized: 1. Qin Shi Huang 2. The CCP 3. The KMT (1911-1926) 4. Israel
English
32
54
960
36.6K
陳諾・👊🏳️🔥 retweetledi
BBC News (UK)
BBC News (UK)@BBCNews·
Australia's right-wing One Nation party scores historic parliamentary win bbc.in/3PzcmBY
English
125
551
2.4K
421.2K
陳諾・👊🏳️🔥 retweetledi
Philo
Philo@Philo2022·
呕心沥血,终于写完了,如何不背公式解开魔方! 你将学会从零到一,不背任何公式而解开一个魔方。你将了解到魔方的起源,并理解魔方是如何运作的。我将从理论到实践,带你一步步完整复原一个完整魔方,并教会你如何观察。 如何不背公式解开魔方:小学生也能看懂 philoli.com/zh/blog/solve-…
Philo@Philo2022

正在写一篇魔方和群论的文章,为了配上好看又清晰优雅的插图动画,亲自实现了一个在线版的 3D 魔方,可以拖拽玩耍,也可以直接粘贴复原公式进行动画播放,还能直接导出 GIF。你也来试试吧! philoli.com/zh/projects/ru…

中文
47
241
1K
146.6K
陳諾・👊🏳️🔥 retweetledi
陳諾・👊🏳️🔥 retweetledi
the thicc husband & father
the thicc husband & father@lukeisamazing·
Mao proved that recently-illiterate preindustrial Chinese peasants could understand and successfully parse Marxist theory in the 30s-50s, why are you pretending that literate postmodern ppl won’t be able to get it? ridiculous stuff here
J. Ryder🪿@harbingerofwoke

Its not that reading theory is wrong, but it’s undeniably alienating to any potential mass base. You need politics that can mobilize people without reading. Look at MAGA, does their base need to read Milton Friedman to be MAGA? They can embody their ideology through everyday life

English
27
415
3.5K
55K
陳諾・👊🏳️🔥 retweetledi
Dalian Dolly
Dalian Dolly@daliandolly·
And we will continue to be dangerously ignorant of what is really going on in China if we continue to give voice to people like Yanzhong whose only real skill is applying butt ointment that we've gotten addicted to.
Dalian Dolly tweet mediaDalian Dolly tweet media
Yanzhong Huang@YanzhongHuang

One year ago, I published “America is dangerously ignorant of what’s going on in China.” This new NYT essay is its sister piece. Full essay: nytimes.com/2026/05/10/opi… As Beijing prepares for President Trump’s visit to China this week, I examine how growing overconfidence has taken root among the Chinese public. It stems from widespread misperceptions about American decline. 1/2

English
2
1
3
134