Miscellaneous News

It's not a huge amount, 1.7 billion USD worth in yuan, but door is open.
Basically US harvests values from other countries using financial cycles like this:

Lower interest rate -> USD flood the world -> economy booms -> raise interest rate -> USD goes back into the US -> economy slows -> countries can't get enough USD to pay debits -> get package from IMF, with conditions to "open up financial market" and allow US funds to buy up countries assets on the cheap -> Lower interest rate and it goes on.

Opening up yuan payment makes it much harder / impossible for US to play the boom/bust game and harvest other countries. Hence why the Guanqi team refer to it as "planting green painted rebar in chive field"

Apologies if there is somewhere better to put this, but a quick thread search suggested this is best.


It's nothing too notable in terms of a sudden change in Washington's consensus, as they say here "In the meeting yesterday, we extended the invitation that had previously been made to the former Foreign Minister Qin Gang and made clear that that invitation did transfer over to Minister [Wang] Yi" it's just a transfer of Minister Qin Gang's invite.

Happy 八一 everyone. Does anyone know if PLA members make good a waifu ?


CCTV finally gives its take on 70th anniversary parade with March of the Steel Torrent BGM.

luosifen said:

The replies state she is a relative of Somalia's Athletic Foundation president, so the accusations of nepotism and corruption are rife.

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Apparently this is the slowest 100m run in World University Games history. Also she will be participating again in the World Athletic Championships this month so maybe she will set another record there

lol. Better hurry up and leave BRI

Meloni under fire as Italy’s economic recovery falters​

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Dismal data and decision to pull poverty relief scheme put pressure on Italian prime minister

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Giorgia Meloni was exulting just last week that IMF forecasts showed Italy growing faster than Germany and France this year — proof, she said, of the “effectiveness” of her rightwing coalition government’s economic policies.

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But Italy’s prime minister received a rude shock on Monday, after data showed the country’s post-coronavirus pandemic economic rebound lost far more steam than was expected.

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Italy’s economy shrank by 0.3 per cent in the second quarter of 2023, far worse than the zero growth forecast by most analysts. The eurozone as a whole, meanwhile, registered a 0.3 per cent expansion.

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Biscuits said:

Except this is all theatrics for their domestic consumption. Nobody in China is not hiring Uyghurs, they would be sued if they tried.

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That’s what’s so insidious and abhorrent about this US move. Under their wet dream conditions, China would either need to practice Apartheid against the Uighurs and thus create a permanent sectarian divide that the US can exploit at any time it wants, or two resist and give the US a blank cheque to sanction any Chinese company any time it wants.

If it was all meaningless theatrics, China wouldn’t bother fighting it. But these theatrics can be weaponised any time the US chooses to do serious damage to Chinese interests if China wasn’t strong enough to fight it.

Soviet linguists work hard to decipher the language of a land's indigenous people.

Knorozov had never step foot in Central America or met a Maya in his life, but devoted his study to Maya glyphs and single-handedly made possible the modern decipherment of Maya hieroglyphic writing.

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The US works hard to eradicate and genocide every indigenous people they come across.

The Maya genocide, also known as the Silent Holocaust, was the massacre of

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civilians during the

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(1960–1996) by the US-backed Guatemalan government. Massacres,

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, torture and

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had been widespread since 1965.

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has described "extraordinarily cruel" actions by the US-trained armed forces, mostly against unarmed civilians.

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plawolf said:

That’s what’s so insidious and abhorrent about this US move. Under their wet dream conditions, China would either need to practice Apartheid against the Uighurs and thus create a permanent sectarian divide that the US can exploit at any time it wants, or two resist and give the US a blank cheque to sanction any Chinese company any time it wants.

If it was all meaningless theatrics, China wouldn’t bother fighting it. But these theatrics can be weaponised any time the US chooses to do serious damage to Chinese interests if China wasn’t strong enough to fight it.

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How would this even be enforced? A piece of paper that claims/certifies no slave labor was used, or set up some shell company to divert exports. It's all virtually impossible to regulate and enforce, since US customs is heavily understaffed, so if the point is to destabilize Xinjiang, its never going to work. Sounds like they are more building groundwork for future (more powerful ) Sinophobia than anything substantive.

This is pretty irregular, not only in that they want to take away from Ukraine and give it to Taiwan but the "give" part. Usually US uses ROC as a way to make money on defence spending and not the other way around.

Temstar said:

https://twitter.com/i/web/status/1686588466736267264

This is pretty irregular, not only in that they want to take away from Ukraine and give it to Taiwan but the "give" part. Usually US uses ROC as a way to make money on defence spending and not the other way around.

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Wow, someone’s economic situation really isn’t good right now. I mean the USA should be able to find the fight in Ukraine and Taiwan at the same time if it is a true super power or is that title just a very simple case of overwhelming bullshit propped up by our greatest comrades