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China to inject $174B of liquidity on Monday as markets reopen

reuters.com

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Re: China to inject $174B of liquidity on Monday as markets reopen

#421

Post by jhvkjhk »

Thorrez wrote: post #368
capableweb wrote: post #28

Earlier quoted context omitted.

> being stuck in my apartment, nowhere to eat, drink, or even walk without an appropriate face mask As someone who never been there (or in China for that matter), is "face mask" a synonym for something or you mean literally a face mask? Don't think it's mandatory to wear face masks, just that a lot of people do it, right? If someone knows better, please correct me

If you don't wear a face mask, drones will follow you around telling you to put one on. https://twitter.com/globaltimesnews/status/12232189775700787...

This is just another tiktok video.

Re: China to inject $174B of liquidity on Monday as markets reopen

#422

Post by beaunative »

echelon wrote: post #233
baybal2 wrote: post #215

Earlier quoted context omitted.

This might be similar, but I see zero chance of Xi's power taking a hit. For as long as party's institutes are intact, he will be there. Some people began to speculate that Xi wasn't seen for the last 3 days, and sudden activity of "party elders," but I bet this is just an enormous amounts of wishful thinking showing up. Xi's "system" has an expiration date attached, but it's not tomorrow. Following on that Gorbachev…

How stable is the power that Xi has consolidated? How would the party and the public respond if there were leaks about his private life and behavior? I wonder what his skeletons in the closet are... I've also wondered how receptive the Chinese people would be to a series of documentaries or dramas that point out the inequality and unfairness in their system. A film that highlights how the government treats humans and…

Sounds like a fan of House of Cards talking. I don't doubt that Xi may have "skeletons", but probably not like that. He wasn't born President. If there were any "skeleton" of that kind of political significance, do you not think his political enemies would already have discovered those after all those decades he has been a politician?

Re: China to inject $174B of liquidity on Monday as markets reopen

#423

Post by alisonatwork »

seanmcdirmid wrote: post #25

Having lived in Beijing for 9 years, I’m glad I’m not there right now. Not because of a fear of getting sick, but of the sheer boredom of being stuck in my apartment, nowhere to eat, drink, or even walk without an appropriate face mask. Heck, even going to the office is probably off limits right now.

White collar workers are working from home in Guangdong. The police have also locked down all the urban villages - local residence (via ID card) and temperature checks are mandatory. I cannot even get back into my own apartment without a temperature check. Some restaurants are open, but it's such a pain to get to them it's not really worth the effort. Definitely not a fun way to bring in the new year.

Re: China to inject $174B of liquidity on Monday as markets reopen

#424

Post by hnick »

a_c wrote: post #91
daenz wrote: post #31

Maybe this is demonstrates an immediate consequence of having a people (mainland China, not necessarily HK) that is governed primarily by fear: reactions of extreme subordination, which keep things running "smoothly" under normal conditions, can threaten the whole system to collapse under abnormal conditions.

HK has a dozen confirmed cases. Shenzhen, the city bordering HK, has a hundred confirmed cases. HK had experienced SARS, and the magnitude of the epidemic, in terms of number of infected globally, has already exceeded that of SARS. Together with government's inaction (HK government is refusing to close down its border where 60s country or so are now blocking entry from China). HK's medical system is overwhelmed by ma…

SARS is important, I know someone who bought 300 face masks for their family and is trying to get more.

For anyone who hasn't visited, years after SARS they still had (or still have? It's been a few years) signs in public places detailing how often the escalator railings and lift buttons are wiped down with disinfectant (every hour usually). They take that stuff seriously.

Re: China to inject $174B of liquidity on Monday as markets reopen

#425

Post by daenz »

bllguo wrote: post #412
bobbytran wrote: post #306

Earlier quoted context omitted.

I've heard this argument again and again from Chinese government sympathizers...and it's just not true. The vast majority of people aren't brutalized and shot by the police. If it does happen, it goes through a trial and the court systems. The vast majority of people talking out against the Chinese government will be jailed or re-educated in China...that's the difference.

Yes, the vast majority of US citizens aren't getting brutalized by the police. Similarly, the vast majority of Chinese citizens are not being jailed or re-educated. You can't just compare the US population at large to the subset of Chinese people who speak out against the government. The claim was that people in China live in a state of fear, and I refuted it. Let's not conflate things.

>The claim was that people in China live in a state of fear, and I refuted it

That wasn't the claim, so you refuted a strawman. The claim was that China governs through fear, not that Chinese live in fear. When people disappear and are "re-educated" against their will for speaking out about the government, as an official policy of your government, you are governing through fear. Refute that.

Re: China to inject $174B of liquidity on Monday as markets reopen

#426

Post by jariel »

droithomme wrote: post #302
jariel wrote: post #243

Earlier quoted context omitted.

"Katrina was when I realized how silly it is to think our government would ever deal effectively with a major disaster" It's funny because the very idea that 'the government will save us from a big disaster' is a fairly new concept. Some governments are 'kind of' prepared for some kinds of problems - i.e. the Swiss are prepared for some kinds of invasions, surely the Dutch have preparations for floods. But for unfore…

> for unforeseen disasters (the levy breach in New Orleans) Credible sources, including FEMA, predicted that one years in advance. Check out the October 2004 issue of National Geographic: > The storm hit Breton Sound with the fury of a nuclear warhead, pushing a deadly storm surge into Lake Pontchartrain. The water crept to the top of the massive berm that holds back the lake and then spilled over. Nearly 80 percent…

Yes, but with the levees, the cost is massive. It's one thing to say 'there will be a big earthquake' and put together operational plans, do some practice runs. With the levees it might be many billions in upgrades for a 'risk', meaning, it gets postponed until it gets politically untenable to do nothing.

Re: China to inject $174B of liquidity on Monday as markets reopen

#427

Post by ShorsHammer »

Meta: 185 top comment replies, 278 comments total. The redditfication of this place continues. China articles are essentially broken and there's no point trying to advance the discussion or have healthy debate.

Someone should make an extension that collapses all replies and only shows top level comments, think it might be a lot healthier for online discourse.

Re: China to inject $174B of liquidity on Monday as markets reopen

#428

Post by giornogiovanna »

adnzzzzZ wrote: post #102
stone-monkey wrote: post #87

Earlier quoted context omitted.

> However, we must remember that the situation would likely not have occurred in the first place if the people speaking out about it early on weren't punished, which wouldn't happen in most western countries as local governments have way less power and way less incentives to make that kind of thing happen. I'm not saying the Chinese government doesn't have problems, nor am I saying free speech is bad, but I have no i…

Anti-vaccination advocacy exists because some kids do get problems from vaccines. I'm not an anti-vaxxer but it's an inherent feature of how vaccines work that a very small percentage of kids will have some serious things happen as a result of being vaccinated. When you have a big population and the Internet, this small percentage of parents will logically come together to cope with their problems. The fact that thos…

That is a very charitable portrait of the anti-vaccination movement. No, they aren't parents of vaccine-allergic children banding together "to cope with their problems". They are people spreading serious misinformation about vaccines, advocating that they are risky and best forgone, and causing real damage by doing so. I think silencing these people is wrong, but that doesn't change the fact that their speech is clearly making the world a worse place.

Re: China to inject $174B of liquidity on Monday as markets reopen

#429

Post by yongjik »

ShorsHammer wrote: post #427

Meta: 185 top comment replies, 278 comments total. The redditfication of this place continues. China articles are essentially broken and there's no point trying to advance the discussion or have healthy debate. Someone should make an extension that collapses all replies and only shows top level comments, think it might be a lot healthier for online discourse.

Also, about half of the comments are "(China/America/government in general) is evil, because (some superficial observation already known by 99% of visitors here and not directly relevant to the current situation)", or some form of generic refutation.

I'm also frequently guilty of the same thing, but this is getting out of hand...

Re: China to inject $174B of liquidity on Monday as markets reopen

#430

Post by virtualwhys »

Marsymars wrote: post #300
ulfw wrote: post #268

Earlier quoted context omitted.

Hm yea. Bagels aren't very popular in China. Or really outside the US.

Montreal would beg to differ.

Even outside Mile End? I think the large Orthodox Jewish community there has had some influence on the prevalence of Bagel shops in the area.

Don't recall downtown, or even other areas of the plateau as having such popular bagel shops.

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