₦airaland Forum

VictorUSA:
Shogsman China is the biggest business partner of virtually all parts of the world:Africa, EU, South America, always seconded by the US.It's a potential threat/threat to the US economic dominance.Thats why the US wants to do all it takes to curb that.

Many countries still have their reserves in USdollars, still trades in USdollars so it won't be easy for China to overtake the US as 1top economy.Moreover, the US is seeking other means to bring China down, aside the distractions its causing in Taiwan and Solomon Island so that China loses focus.

It won't be easy but in just a few years maybe even 4 to 6 years china will be the world's biggest economy and it will continue to grow at a crazy high rate from there.
You do know here in US we recorded around 1.5% loss of gdp right now while China records almost 5% increase.
It's just reality, they're like Russia they offer things cheap and the who world loves it easy and cheap. The same reason why Russia will always get buyers for Their gas irrespective of whether they are killing thousands or not, it's just economics bro

VictorUSA:
Shogsman the economic dependency and reliability of the two countries is vice versa.But I strongly believe the US has an edge over China.

You stated that most of the phones there are chinese-made, what about phones produced by Apple, BLU Products, Caterpillar and the rest? Where do they go to?

You also talk of China having an edge the US on the grounds that it will take South America, Africa and some countries in Europe, in regards to what particularly is that opinion concerned? Educate me please.

China has a much more bigger market than USA, for example in Africa china has more exports than USA and Europe combined. Majority of south America, Africa and Asia directly depends on Chinese products from it's phones,ev batteries to tiny chips,they get everything from china.usa don't have that kind of sway. Why do you think isreal is buying yuan for it's foreign reserves now, they all see the tide shifting.
The world needs Chinese products far more than it needs American products,the difference is too clear,why do you think most of our stuffs here in the US comes from china even though technically we're enemies

baralatie:
We already have a test run of china under trump
It was not funny for china but china managed trump that it did not miscalculate
Therefore it could reduce the loss and impact.
In fact both countries reduced their impact looses because the two leaders were level headed.
Now imagine if china was led by a zelensky and the USA by Putin.
The world would have ended since

That is a thought for all parties

The fact that the world has not ended right now with all the nonsense Russia has and china has been taking from the west for decades now kinds of disprove what you just said and you do know that zelensky has only been a politician for 3 years now right

baralatie:
The consumer base of china is not even their to talk about.
If the export and it's industries get hit as in big.
It means automatic downtime with loss of jobs
ImaGine what a 50% unemployment would do to china.
That is why war is crazy

Does it mean that the us would escape the economic chaos.hell no

The biggest consumer market in the world is not even Thier to talk about?
Seems I just wasted my time explaining to you,you don't seem to get how this works bro. Peace

baralatie:
Yes they have 1.4 billion people to worry about if a miscalculation results into an economic meltdown

It means they have a very efficient consumer population,the countries they are in a conflict makes less than 10% of Their output market. The west needs China more than they need them, it's as simple as that.
You can't threaten a country that is bigger and richer and produce more than your entire continent combined.
China can decide to only focus it's market on it's Allies which is around 90% of the world's population and it will still continue to grow. They basically make everything there, accounts for more than 50% of world's products

baralatie:
If china is the world's factory the last thing they want is an escalation that would result in its own economic meltdown

Do a research on what demands And supply means,it creates a bargaining stand for who has more sway than the other.
If I'm selling you oxygen which basically decides if you live or die ,will you be unwise enough to stop buying from me because we have a misunderstanding. Same thing goes for Russian gas

Russia won't reduce it to rubbles like other cities, putin isn't interested in destroying Kyiv, not even capturing it for now,the aim is to turn ukraine into a landlocked country,break it into two and Russia is pretty successful with that right now

chronique:
And they have billions to send to Ukraine to waste on a needless war?

Such a pity,I got around a $850 bill on Monday because of an ordinary x-ray test which is practically free in places like Russia and china .the healthcare bills here will drive you mad not to talk of insane taxes to sale taxes, millions of homeless people sleeping in the cold here and this fuvkers are going to give our taxes to prolong a war because they want to spite Russia

VictorUSA:
Not claiming to know better, sir.Does population matters that much? I said that considering the fact that Chinese biggest business partner is USA and most of the top companies imports more US goods, ASEAN is chinese 2nd biggest business partner.Hence my position.

Of course the Chinese economy will take a hit too,china has exported over $90b worth of goods to Europe alone this year,this goods and services are what maintains balance and propels the European economy if it seizes to come everything comes tumbling ground.
The same goes for USA which is heavily dependent on Chinese products,I live in the US and everyone here uses Chinese products day to day, you go to an apartment in downtown Chicago and 60-70% of things inside is made from china. Even our own iphones is from there. If that's stops coming then shit will hit the fan,where is the labor we're supposed to turn to.everu company here in the USA will have zero access to the biggest consumer market in the world,it means most company will lose most of Thier revenues with no hope of recovery.
China on the other hand apart from it's Mammoth population still has 1.4b indians, Russia Hungary, Austria, Portugal,and a bunch of European markets because they're not all going to follow suit,the whole of South America,whole of Asia,Africa to turn to.

A stern lecture on why it is bad and a fee ride home, that's all

VictorUSA:
How is china the world factory? Chinese cheap labour and products is as a result of failing to atain a certain standard of quality.Chinese economy is heavily dependent on American industries.

Do you even listen to yourself talk sometimes or you're just oblivious to pure facts,how can you say the biggest consumer market in the world rely on American industries,they have 1.5b people for god's sake

Great next time he's best her to the point of death and get her a Lexus jeep,the next time after that she'll be dead

It's a shame Nigerianz don't support their own leagues, instead they pledge millions of hours on European leagues,if you don't support your own,how do you expect to be respected.
I live a continent away and I never fail to tune in to watch Nigerian league online and whenever I'm in the country I pay for tickets And enjoy viewership

China's GDP grew 4.8 percent year-on-year in the first quarter of 2022, maintaining a stable growth range despite "unprecedented downward pressure since the first quarter of 2020" due to COVID-19 flare-ups, supply chain snags and external uncertainties arising from the Russia-Ukraine conflict.

The economic expansion in the first three months accelerated from the 4-percent growth rate recorded in the fourth quarter of 2021, buoyed by stratospheric infrastructure and property investment - a bright spot that had buffered subdued consumption and weakened factory production in the first quarter and is expected to buttress whole-year growth of the world's second-largest economy.

Observers estimated that the situation in Shanghai, China's main financial center, and its knock-on effects on the country's most vibrant manufacturing base Yangtze River Delta had likely undercut the country's first-quarter GDP by 0.5 percentage points, and such effect on growth could further deteriorate in April and May, with a restorative rebound likely to surface in June and the second half after the epidemic is brought under effective control.

While Western media has been hyping the data to pack another concrete punch against China's dynamic zero COVID-19 approach, economists stressed short-term "pause" in metropolises like Shanghai won't translate into a "once-for-all" shock and China's economic engine is "sailing on a due voyage."

In the first quarter, China's industrial output grew 6.5 percent year-on-year, according to data released by the National Bureau of Statistics (NBS) on Monday. Retail sales grew 3.3 percent on a yearly basis in the period, however, in March alone, the number fell 3.5 percent from a year ago, the first contraction since July 2020, reversing a 6.7 percent rise in the January-February period.

Growth in fixed-asset investment was 9.3 percent in the first three months, with investment in infrastructure up 8.5 percent year-on-year.

"The first-quarter data has improved from the last three months of 2021 gauging from certain indexes. Fixed-asset investment jumped significantly on a quarter-to-quarter basis, thanks to adjustments in property policy and a pick-up in manufacturing investment," Tian Yun, former vice director of the Beijing Economic Operation Association, told the Global Times.

Mounting pressure

China's economy had set off a stellar opening in the first two months of the year. However, entering the third month, China's tech hub, Shenzhen in South China's Guangdong Province, was under strict anti-epidemic measures for a week, and Shanghai, the financial, trade and manufacturing hub, also entered "static management" at the end of March as COVID-19 cases spiked.

"The pause in two Chinese mega cities certainly dented March's economic growth… temporary factory closure and logistics impediment snarled supply chain, while weakened expectation on income and stay-at-home policies hindered consumption," Cao Heping, an economist from Peking University, told the Global Times, adding that the Ukraine crisis further amplified supply chain challenges and factory cost.

Tian said that the downward pressure the world's second-largest economy faced in March is "unprecedented" and "the biggest" since the first quarter of 2020, when the COVID-19 outbreak first hit Wuhan, Central China's Hubei Province.

"The March figures only reflect parts of the fallout of the situation in Shanghai and the Yangtze River Delta, which is set to be much greater than that of Shenzhen as supply chain in the Yangtze River Delta - accounting for one quarter of China's GDP - is deeply intertwined," Tian said.

He pointed out that the COVID-19 flare-up in Shanghai likely has erased around a 0.5 percentage point gain in China's first-quarter GDP, and its impact on economy could overstretch into to April and May. Should the epidemic be curtailed by the end of May, economic activities will be restored, and the country's economic engines will start roaring again, and consumption will also bounce back, he added.

On Saturday, Shanghai issued the first edition of epidemic prevention guidelines for the city's industrial enterprises to resume production, and some of its largest industrial enterprises resumed operations on Monday under closed-loop management.

"This is a a race against time, to minimize supply chain disruptions so that the manufacturing powerhouse could reboot in the next two weeks, ahead of the next rate hikes by the US Federal Reserve in May, which could affect foreign trade, capital flows and the yuan's exchange rate," Tian said.

"We could expect a restorative growth, and it is estimated that second-quarter GDP will stay flat, or even slightly higher than the first-quarter," Tian added.

'Necessary sacrifice'

Economists stressed that the short-term cost on the economy is a "necessary sacrifice" to protect the safety of people's lives, and it won't deviate the nation from its sound economic fundamentals and the pace of national development.

"There are conspicuously short-term shockwaves across both industrial chain at home and aboard, but they would ease eventually. In economic theory, if impact is controlled within 90 days, it won't become a long-term repercussion," Cao said, debunking what some foreign media outlets and organizations claim as supply chain relocation out of China or foreign capital withdrawal.

China has in recent months dialed up support to bolster and shore up its economy. On Friday, China's central bank announced a much-expected universal 25 basis points of reduction in banks' reserve requirement ratio (RRR), as policymakers tap monetary policy to help boost economic growth.

"China has sufficient ammunition. It is necessary to scale up monetary and financial tools in the second quarter, otherwise, it will be an uphill mission to achieve the whole-year growth target of 5.5 percent," Cao said, suggesting that monetary and financial tools need to be synchronized with anti-virus measures. He also called for further RRR cuts to "gear up policies at disposal to stabilize growth."

https://www.globaltimes.cn/page/202204/1259576.shtml

The U.S. economy contracted in the first three months of the year as falling exports and a decrease in government spending took a toll.

The gross domestic product shrank at annualized rate of 1.4%, the Commerce Department reported Thursday. It's the first contraction since the coronavirus-driven recession of the second quarter of 2020.

GDP — the sum of all goods and services produced in the country — was dragged down by a sharp drop in exports, slower restocking of goods in stores and warehouses and decreased spending by federal, state and local governments, the Commerce Department said. An increase in imports, which are a subtraction in the calculation of GDP, also pulled down the growth number.
The contraction was a surprise for many economists, who had predicted weak economic growth in the first quarter.
https://www.google.com/amp/s/www.cbsnews.com/amp/news/us-gdp-shrinks-1-4-first-quarter-economy-2022/

China’s ministry of foreign affairs has accused Nato of messing up Europe and stirring up conflicts in the Asia-Pacific region, after the UK’s foreign secretary told China it should “play by the rules”.

In a speech at Mansion House in London on Wednesday, Liz Truss renewed calls to boost Nato in the wake of the Ukraine war, and said the coordinated moves to isolate Russia from the world economy proved that market access to democratic countries was no longer a given. Truss also delivered a direct warning to China.


“Countries must play by the rules. And that includes China,” she said.

On Thursday Wang Wenbin, a spokesman for China’s ministry of foreign affairs, dismissed Truss’s comments and accused Nato of demanding other countries abide by basic norms while it has “wantonly waged wars and dropped bombs in sovereign states, killing and displacing innocent civilians”.

“Nato, a military organisation in the North Atlantic, has in recent years come to the Asia-Pacific region to throw its weight around and stir up conflicts,” Wang said.

“Nato has messed up Europe. Is it now trying to mess up the Asia-Pacific and even the world?”

In her speech Truss said Nato had to pre-empt threats in the Indo-Pacific and extend its outlook to democracies outside its membership, like Taiwan, which Beijing claims is a breakaway Chinese province it must retake. She suggested China’s economic rise – now the world’s second largest economy to Britain’s sixth – could be targeted.
China will not continue to rise if they do not play by the rules. China needs trade with the G7. We [the Group of Seven] represent around half of the global economy. And we have choices,” Truss said.

“We have shown with Russia the kind of choices that we’re prepared to make when international rules are violated.”

China has refused to condemn the invasion of Ukraine by Russia, one of its closest allies, drawing criticism and urgings from European and other governments to use its influence on Moscow. A recent China-EU summit was reportedly strained as Chinese representatives rebuffed pressure by European counterparts to help end the war. Premier Li Keqiang said Beijing would pursue peace “in its own way”.

Beijing firmly opposes linking the Ukraine war to its relations with Moscow and has said it will defend the rights of Chinese individuals and companies. On Thursday Wang said China’s position on the conflict had been “consistent and clear”.

“We have always made independent judgments based on the merits of the case,” he said, adding no further detail.

Truss has previously accused China and Russia being “aggressors working in concert”, telling Australian media she couldn’t rule out China using Russia’s invasion as an opportunity to launch its own act of aggression.


https://www.theguardian.com/world/2022/apr/29/china-says-nato-is-messing-up-europe-and-warns-over-role-in-asia-pacific

Here we go again with the propaganda,of course if he lives now he will be branded a coward, anybody in his position will do the same, let's talk about how he led his country into a slaughter when he could have just announced neutrality which he has agreed to now regardless.
$1.3t in damages,over 65,000(unconfirmed) killed, dozens of towns and villages captured including the industrial heart of the nation, mauripol.
Turning his country into a battleground for Russia and NATO to show off Thier madness.
5 millions Ukrainians ran AWAY from the country with over 15m displaced.
850,000 UKRAINIANS ran to Russia,the same country he is supposed to be fighting with over 80% of mauripol citizens choosing to go Russia instead of Ukraine.
Over 20,000 civilians supposedly killed by both Russia and Ukrainian forces during this war, dozens of mass Graves of people both Russian and Ukrainian forces killed and executed all over the place.

This comedian thinks Africa really gives a shit about Nazi Ukraine,like they don't have enough problems to deal with over there

Teaser4:
Let the ranting begins…..

Russia no dey bluff, I’m sure those western leaders needs no reminder. Nah una get beautiful skyscrapers wey una wan protect…. Nah all of una go perish, the question be say shey una ready to die….

Fvcktards

Lol exactly, Russia don't have much to lose, infact Russians are very much prepare for a nuclear war,they are Dusting Thier bunkers as we speak,with Their tv presenters even saying if they die during a nuke attack they're going to heaven.
It is the west that have Thier fancy skyscrapers and businesses to protect, Russians are thought war tactics before they learn how to work.
The whole of Europe is not up to half of Russia,so how many places will they bomb to have a long lasting effect

Uprightness100:
Last Friday of the Ramadan - business as usual. Riots instead of prayers. It was never about religion. It’s all about politics.

How can Muslims worldwide not be offended by what the Palestinians are turning their third holiest mosque in the world into?

These past few days were heartbreaking for many archeology and history lovers. The Palestinians through riots and clashes managed to destroy so many ancient relics in that ancient site.

(Amir Tsarfati)

Your anti Muslim rants and hate is nauseating and disgusting,tone it down, if people like you are so called christians, little wonder why people don't take the religion seriously

This Ukraine Russia debacle who either make or lead to the destruction of Europe if it doesn't tackle this wisely.
NATO wants to use this conflict as an excuse to destroy Russia finally and eliminate that threat even if ukraine doesn't have a millitary alliance with them and it the likes of UK, Poland is using their reliance on USA to poke Russia like they're mates, it's going to end badly for everybody

Righteousness2:
Wow! Just like that Super agent raiola is gone...
I think he was the biggest Football agent after Mendes.
Life is a Huge Mystery.
Folks live life in the Conciousness of your Eternity oooo.. Nobody knows his/her time.
Heaven and Hell are Real oooo
Nothing we are or we have in this life Matters over there oooo..
What matters over there is if you are Born again, if you have a Genuie relationship with JESUS Christ..
Nothing else matters there ooo

You slowpoke,he is still alive so go to hell with your crap

Next time don't be too quick to peddle bad news,he is still alive

He is weak

No need, Ukraine is winning and killing 23000 Russians everyday, right now Moscow is surrounded

Looks like he wants to pupu

The fact that Russian rouble is now higher than it was prewar is comical

This is What happens when your president only have 2 months of political experience before swearing in

Obviously,even in the west almost half of us side with Russia not to talk of Asia and Africa, South America which heavily tilts to Russia

tegrianonigltd:
You think dey buy all the shares, when someone buy over, he buys the largest shares to make him the lead. Na to buy Coca Cola 51% na him be head be that, and can make decisionS.

.
51% shares of coca-cola is more than double his networth,he simply can't afford it

onomeabuja:
No how much b Coca Cola.....
È cost past d twitter wen him buy

Such ignorance, imagine comparing a company that is over a century old to Twitter. Coca-cola is worth 20times more than Twitter