Let's feel sorry for Kyle Bass who will lose US$30 million in November for his unfortunate attempt to short Hong Kong dollar. He leveraged his bet 200 times, so all those who lent him money for the political gamble will see their money vaporize.
Kyle Bass styles himself after George Soros and expected to win where Soros failed. He betted the democracy loving Hong Kong residents will be so disgusted with the national security law that they will pull up their stakes and flee Hong Kong in fright and panic.
causing the free fall of Hong Kong dollar. Unfortunately for him, the Hong Kong dollar soared after the national security law which secured the value of Hong Kong dollar and guaranteed the continued prosperity of Hong Kong. Bass is the financial martyr of democracy.
China hating is ruinous.
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Chinese people are amazed America can't even solve a minor insignificant problem like this, while China's ports are automated requiring only 10 people to operate.
US$ supremacy means it's an international currency. In many countries, US$ can come in & leave as it likes. Thus emerging economies are extremely vulnerable to US$ movements which US Federal Reserve can manipulate through interest rate.
Thus, US can program the cyclical economic prosperity and crisis in many countries. Both are useful for the US to reap the accumulated wealth of countries.
Have you wondered why US stops at no means to make every country adopt market economy allowing unrestricted
capital movements? When US talks about freedom, it's the free capital flow they have in mind. That's the politically correct way for a country to exist in this world, because only this can enable US$ capital to control the world.
According to locals, Xinjiang is the birthplace of oriental carpets (Iranians, don't kill me. I'm quoting Uighurs) which are Xinjiang's main export commodities. In the Uighur town Kashgar, a whole street is dedicated to carpets. Best pieces are on display in museums.
So far, the Victoria and Arabia Museum in London, the Textile Museum in Washington, D.C., and the Handicraft Museum in Frankfurt, Germany, all have Xinjiang wool carpets or silk carpets in their collections as treasures on display for visitors to admire. @paaayam1986
Iranian carpet dealers confirmed to me Chinese Xinjiang carpets are extremely competitive in the international market of oriental carpets. I suspect the carpets in their shops are probably.... better keep my mouth shut. 😃
Pierucci is a household name in China now. Learning from his experience, Meng Wanzhou categorically refused the traps in the banana trial, ie, the guilty plea and the fines.
Here's a translation of his article of the imperative emancipation of France from the claws of Washington
"Since the end of the Second World War, the United States has not ceased to try to nip in the bud the rare European attempts at strategic, military, space, economic and digital independence. With the help of certain very Atlanticist politicians,
the vassalization of Europe in most areas, even in the governmental domain, is almost total. Pushing their pawns, the United States is now trying to embark us in an all-out economic war (which could degenerate into a military war) against China in which we have absolutely
#UighurScientist
Gushul Slamu, renowned Uighur academician developed ethnic multilingual computer operating systems & application softwares that have enabled tens of millions of people from three ethnic groups, Uyghur, Kazakh and Kyrgyz to enter into the information age.
In response to Uighur concentration camp hallucinators.
Xinjiang is the hottest tourist destination in China. There are lots of ethnic dancing and singing in Xinjiang in the street for tourists. This is called tourism promotion. Why should people get so angry and scream propaganda?
#StatueOfUnity in India is the world's tallest statue.
Indians got angry upon learning that an art foundry in China made the outer façade made up of 1,700 tonnes of bronze plates and 1,850 tonnes of bronze cladding. China kept mum at Modi's request but Indian media revealed it.
For angry Indians likely to attack me for fake news on India hurting Indians' national pride, here is an article by an Indian journalist. China keeps a low profile shipping the bronze plates to India in total anonymity. qz.com/1445065/sardar…
Lots of countries want to own signature icon mega constructions to promote national prestige, to the great joy of Chinese engineers. They are capable of building anything. The condition is that they keep silent of their exploits if they don't want to draw anger and rage. 😃