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Quote of the day: Your life doesn't get better by chance. It gets better by change. (April 03, 2020)


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China
#49
Poster ChinaBuck agrees with all relevant government regulations that are being considered to have a quiet and harmonious society free of all public displays. Poster ChinaBuck is happy happy that government maintains orderly public.
"Don't, I say don't bother me dog, can't ya see I'm thinkin'?"   Foghorn Leghorn
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#50
China doubles value of infrastructure project approvals to stave off economic slowdown amid trade war...
https://www.scmp.com/economy/china-econo...vals-stave

The National Development and Reform Commission (NDRC) has approved 21 projects, worth at least 764.3 billion yuan (US$107.8 billion)... amount is more than double the size of last yearâ€s 374.3 billion yuan (US$52.8 billion) in approvals recorded over the same period, which included 11 projects such as railways, roads and airports.

Local governments have been under increasing pressure from Beijing to support the economy, but they have less budget room due to lower tax revenues after the central government over the past year ordered individual and business tax cuts.

To fill the gap, Beijing has allowing local governments to sell more special purpose bonds, whose proceeds can only be used to fund infrastructure projects. At the beginning of this year, the Ministry of Finance raised the quota for special bonds to 2.15 trillion (US$302 billion) from 1.35 trillion (US$190 billion) last year.

And when local governments came close to exhausting their annual quota set this autumn, the central government brought forward a portion of their 2020 quota so they could continue to raise funding for new projects.
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#51
China cuts banks' reserve ratios, frees up $126 billion for loans as economy slows... https://www.reuters.com/article/us-china...SKCN1VR13X

Chinese local government funds run out of projects to back... https://www.ft.com/content/6aaa5bfe-efce...67d8281195
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#52
Thanks for posting and the reminder. I heard about this coming, but don't know the details other than it is focused on large government infrastructure. But if that includes government financed healthcare, then that might be good for me.
"Don't, I say don't bother me dog, can't ya see I'm thinkin'?"   Foghorn Leghorn
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#53
(10-23-2019, 07:21 AM)BoyGenius Wrote: China cuts banks' reserve ratios, frees up $126 billion for loans as economy slows... https://www.reuters.com/article/us-china...SKCN1VR13X

Chinese local government funds run out of projects to back... https://www.ft.com/content/6aaa5bfe-efce...67d8281195

Is Ordos City getting a makeover?


[Image: https%3A%2F%2Fblogs-images.forbes.com%2F...00x900.jpg]
DC is a symptom, not the cause. The cause is basic voter stupidity and economic ignorance.
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#54
ARREST BY ALGORITHM: China Uses Artificial Intelligence To Flag Entire Groups...
https://www.dailywire.com/news/arrest-by...eport-says
https://www.icij.org/investigations/chin...algorithm/

The International Consortium of Investigative Journalists (ICIJ) reports that the leaked documents reveal that “Chinese police are guided by a massive data collection and analysis system that uses artificial intelligence to select entire categories of Xinjiang residents for detention.”
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#55
(11-25-2019, 02:08 PM)BoyGenius Wrote: ARREST BY ALGORITHM: China Uses Artificial Intelligence To Flag Entire Groups...
https://www.dailywire.com/news/arrest-by...eport-says
https://www.icij.org/investigations/chin...algorithm/

The International Consortium of Investigative Journalists (ICIJ) reports that the leaked documents reveal that “Chinese police are guided by a massive data collection and analysis system that uses artificial intelligence to select entire categories of Xinjiang residents for detention.”

Assisted by Google. Google will gladly assist the 'correct version' of the US government, too.

Go on social media and call some non documented person an illegal alien or say a man is not a woman and see what happens.

It's not coming to America, it's already here.
DC is a symptom, not the cause. The cause is basic voter stupidity and economic ignorance.
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#56
Time for Americans to deep six Google.
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#57
China introduces mandatory face scans for new phone users... 
https://currently.att.yahoo.com/news/chi...26035.html

New phone users must now have their faces scanned and photos stored by state in China...
https://currently.att.yahoo.com/news/pho...55097.html
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#58
(12-01-2019, 04:42 PM)BoyGenius Wrote: China introduces mandatory face scans for new phone users... 
https://currently.att.yahoo.com/news/chi...26035.html

New phone users must now have their faces scanned and photos stored by state in China...
https://currently.att.yahoo.com/news/pho...55097.html
It's everywhere, the roads, at the entrance to security to airports & train stations, at hotels. It cannot be escaped. No one complains, they believe it will make them safer. It's a complete non-issue here.
"Don't, I say don't bother me dog, can't ya see I'm thinkin'?"   Foghorn Leghorn
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#59
(12-02-2019, 07:08 AM)ChinaBuck Wrote:
(12-01-2019, 04:42 PM)BoyGenius Wrote: China introduces mandatory face scans for new phone users... 
https://currently.att.yahoo.com/news/chi...26035.html

New phone users must now have their faces scanned and photos stored by state in China...
https://currently.att.yahoo.com/news/pho...55097.html
It's everywhere, the roads, at the entrance to security to airports & train stations, at hotels. It cannot be escaped. No one complains, they believe it will make them safer. It's a complete non-issue here.

What could possibly go wrong?  Outside of soccer mommies, I can't see this ever going over well in the US.  This would get punk'd, yesterday.  I hope.
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#60
(12-02-2019, 07:08 AM)ChinaBuck Wrote:
(12-01-2019, 04:42 PM)BoyGenius Wrote: China introduces mandatory face scans for new phone users... 
https://currently.att.yahoo.com/news/chi...26035.html

New phone users must now have their faces scanned and photos stored by state in China...
https://currently.att.yahoo.com/news/pho...55097.html
It's everywhere, the roads, at the entrance to security to airports & train stations, at hotels. It cannot be escaped. No one complains, they believe it will make them safer. It's a complete non-issue here.

The frog with the scorpion on its back never thought it was in danger either. After all, it was assured it was safe.
DC is a symptom, not the cause. The cause is basic voter stupidity and economic ignorance.
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