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biotopia

30 karma · joined January 3, 2024

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biotopia··on China spied on Dutch Cyber Intelligence through FortiGate backdoors
in the article I linked, it literally said

"China's newly appointed defense chief and Shoigu discussed boosting military cooperation and coordination as the Russia-Ukraine war drags on. Tensions surrounding the Ukraine crisis have tested the resilience of the China-Russia partnership, with Beijing supporting the Kremlin's plans economically rather than openly amid international pressure."

biotopia··on Canada Must End Reliance on Cheap Foreign Labor, Minister Says
I see you're trying to drive a wedge between India and Canada, dirtyid, or Chinese citizen who lives in Canada who loves China and hates western world. It really doesn't matter what you're doing you know, China is a Great Depression and will stay there for 20 years.

Also proving the point that Canada and US should not be importing more Chinese pinkies into the country

biotopia··on China spied on Dutch Cyber Intelligence through FortiGate backdoors
When is Europe going to wake up and realize that China is attacking Europe with all its weights, whether its through Russia's military invasion or through economic attack of dumping of EV and solar that seeks to destroy Europe's car industry?

China Offers Full Support to Russia on Ukraine War https://www.newsweek.com/china-russia-ukraine-war-dong-jun-c...

biotopia··on Real estate giant China Evergrande will be liquidated
you should check this video out https://www.youtube.com/watch?v=yizM5O5HoMg

Wangfujing and Sanlitun, which used to be one of the bustling streets in Beijing, now empty

biotopia··on US designates more Chinese tech companies as military collaborators
Taiwan WAS a break away state 70 years ago that is an independent country FOR THE LAST 70 years. doesn't matter which ally (US, Japan, whoever) Taiwan had, it is operating as an independent country.

If China attacks Taiwan, they are attacking another country. Just like Russia attacking Ukraine. Doesn't matter what psychobabble a dictator spouts.

biotopia··on US designates more Chinese tech companies as military collaborators
Taiwan has its own MILITARY FORCE, government, rule of law, economy, alliances for 70 years now. It is de facto an independent country. Unless someone brings that tired argument of Taiwan claims China as its own - no, China threatened to invade if Taiwan relinquishes that claim. And no, just because China forces other countries to not recognize Taiwan as a country, doesn't make it so. (if anything, most countries are now starting to freely associate with Taiwan, now that China is in decline)
biotopia··on US designates more Chinese tech companies as military collaborators
China is a military and economic supporter of Russia. Shipments of military-capable hardware expose a China-sized loophole in Western sanctions. https://www.politico.eu/article/china-firms-russia-body-armo.... China defies sanctions to make Russia its biggest oil supplier in 2023 https://www.reuters.com/business/energy/china-defies-sanctio...

China is the biggest importer of Iran's oil. Iran's oil exports reach 5-year high, with China as top buyer https://asia.nikkei.com/Business/Markets/Commodities/Iran-s-.... Iran supports Houthi, and both with Iranian drones and Houthi missiles, are attacking US and European ships.

biotopia··on The Average American Spends $3.3M over Their Lifetime
In Chinese threads, there are always people bringing up America. Why can't it be the same here?

Also, it's a free country (that this site is hosted on)

biotopia··on America Is Missing Out on the Best Electric Cars
agreed, also, what is with all these articles written/submitted in favor of Chinese EVs in US? do they not know we are currently fighting an indirect war with China, with China supplying Russia's invasion against Europe being supplied by US? do they not know China is basically the backer for Houthi, Iran, North Korea, and Russia?
biotopia··on Changes at Riot Games and the road ahead
The layoff announcement mentioned that the 11% staff laid off is global. It's possible a lot of people laid off are actually in China, since Tencent owns 100% of Riot Games. There is a trend for Chinese companies to not hire workers that are over 35 years old, so some of these employees might be unemployed for a long time. Also, Chinese economy is in the crapper right now.
biotopia··on Changes at Riot Games and the road ahead
The layoff announcement mentioned that the 11% staff laid off is global. It's possible a lot of people laid off are actually in China, since Tencent owns 100% of Riot Games.

It's doubtful that these Chinese employees are chatting about it on hacker news, since it would draw attention of the authorities. Also, there is a trend for Chinese companies to not hire workers that are over 35 years old, so most of these employees are probably in shock on how they would pay their mortgages and support their parents at the same time. And Chinese economy is in the crapper right now.

Tencent is doing pretty horrible as well. Tencent Leads $80 Billion Rout as China Rekindles Crackdown Fear https://finance.yahoo.com/news/tencent-plunges-china-unveils...

biotopia··on A drought has forced authorities to further slash traffic in Panama Canal
The problem with China is that they got old and demographically smaller, and decided to pick a fight alongside Russia against Europe and US, before they got rich or at least above poverty level.

China Tries To Censor Data About Nearly 1 Billion People in Poverty

In his article for the business outlet Yicai, Li cited data from a 2021 research paper by the China Institute of Income Distribution at Beijing Normal University, which placed the number of people living on less than 2,000 yuan ($300) a month at 964 million, or nearly 70 percent of the population.

https://www.newsweek.com/china-article-censorship-1-billion-...

China's population drops for second year, with record low birth rate

The National Bureau of Statistics said the total number of people in China dropped by 2.08 million, or 0.15%, to 1.409 billion in 2023. New births fell 5.7% to 9.02 million and the birth rate was a record low 6.39 births per 1,000 people, down from a rate of 6.77 births in 2022.

https://www.reuters.com/world/china/chinas-population-drops-...

biotopia··on A drought has forced authorities to further slash traffic in Panama Canal
No, the big anxiety in China is that the manufacturing is disappearing, especially to developed world like Europe and US. With real estate and consumer spending - the 2 of 3 economic engines - in the dumps, China has switched focus back to manufacturing - the other engine. However...

China's annual exports drop for first time in seven years.

Among key trading partners, exports to the U.S. led the decline, down 13% from the previous year. Demand from the European Union and Southeast Asian countries also shrank.

https://asia.nikkei.com/Economy/Trade/China-s-annual-exports...

biotopia··on A drought has forced authorities to further slash traffic in Panama Canal
This is going to speed up the export decline from China to US.

In 2023, among key trading partners, exports to the U.S. led the decline, down 13% from the previous year.

https://asia.nikkei.com/Economy/Trade/China-s-annual-exports...

biotopia··on China Told Women to Have Babies, but Its Population Shrank Again
You have it half correct. It's more like Chinese cannot afford to have more kids. There's a reason, as China got poorer the last 3 years, the birthrate dropped sharply

China Tries To Censor Data About Nearly 1 Billion People in Poverty

In his article for the business outlet Yicai, Li cited data from a 2021 research paper by the China Institute of Income Distribution at Beijing Normal University, which placed the number of people living on less than 2,000 yuan ($300) a month at 964 million, or nearly 70 percent of the population.

https://www.newsweek.com/china-article-censorship-1-billion-...

biotopia··on China sooner or later will 100% indigenize smartphone OLED panel supply chain
lol, spoken like a mouthpiece for Chinese or Russia dictatorship brainwashing media. These are democratic allies that have allied against invading dictatorships.

No chance in hell China and Russia wins here, against such a formidable alliance. They will merely slowly fade away in the global economy, into obscurity.

biotopia··on Starlink Successfully Tests Space Direct to Cell Mobile Service
that 5% growth is just a fantasy number made up by the Chinese government, and parroted by other institutions like world trade bank. No way the 5% growth is real when FDI has fallen all the way from 344B in 2021 to 15B!! in 2023. https://www.visualcapitalist.com/charted-chinese-fdi-inflows.... Global investors like Blackrock and Vanguard obviously know the real financial truths. When Chinese youth suffers from 46.5% unofficial unemployment rate https://finance.yahoo.com/news/chinas-real-youth-unemploymen.... When a large shadow bank with $65B in debt just declared bankruptcy https://fortune.com/asia/2024/01/08/zhongzhi-china-shadow-ba....
biotopia··on Starlink Successfully Tests Space Direct to Cell Mobile Service
Here's a very good in depth article https://carnegieendowment.org/politika/91235.

"They essentially put the Russian economy into an artificial coma by raising the key rate to 20 percent. Additionally, they imposed temporary capital controls, compelled exporters to sell export revenues, and prohibited non-residents from leaving Russian markets....This combination of factors allowed the Russian economy to sustain itself in 2023 and gave time to Putin, the government, and Russian businesses to adjust their strategies, turning to new markets, mostly China and India."

However, it does look like Russia's strategy of supporting economy on strong oil sales will falter in 2024 and 2025.

"Indian purchases of Russian crude have fallen to an 11-month low as the price tag on the discounted oil rises...Sources at the Indian refineries told Reuters that the country is looking to Saudi oil partly because of problems with payments for Russian light sweet crude Sokol." https://www.newsweek.com/russia-oil-india-war-saudi-1860480

biotopia··on Beijing criticises Netherlands’ move to block ASML exports to China
You can't be serious, China is actively supplying Russia's war against Ukraine and rest of Europe, with purchases and military supplies.

https://asia.nikkei.com/Economy/Trade/China-Russia-trade-top...

https://www.politico.eu/article/china-firms-russia-body-armo...

biotopia··on Beijing criticises Netherlands’ move to block ASML exports to China
China was pro-market until Xi Jing Ping tightened control. The moment when everyone realized that things had changed was when Jack Ma's ant group was prevented from going IPO, and Jack disappeared shortly after for a long while. Now it's regressing quickly back into state controlled economy.
biotopia··on Beijing criticises Netherlands’ move to block ASML exports to China
That's what every Chinese fanboys on this forum keeps repeating: so many Chinese graduates! However, with unofficial 40% youth unemployment rate and 10k chip companies shutting down in 2023 https://www.tomshardware.com/tech-industry/manufacturing/chi..., where would these graduates actually work? realistic answer is that they're right now delivering food or driving didi. or laying flat doing nothing.
biotopia··on Beijing criticises Netherlands’ move to block ASML exports to China
Apple is not behind it. if anything apple and its taiwan subcontractors are actively moving away from Chinese suppliers. https://www.ft.com/content/1eee7956-a5be-4df0-a9a9-139c573c4.... https://asia.nikkei.com/Spotlight/Supply-Chain/Apple-s-Taiwa...