Bharat Rakshak

wong

^^^^

That's called a control premium. Suraj was clearly talking about market impact. Two totally different things.

Boeings and Airbuses are indeed for sale. Maybe not control (hence the concept of a control premium), but shares and planes most certainly are for sale.

wong

The federal reserve board is a government agency. The regional feds are private. Here's how you tell. The board: http://www.federalreserve.GOV The regional fed: http://www.clevelandfed.ORG http://www.frbsf.ORG Etc Suraj: You went from China will lose half its foreign exchange reserves to a market im...

wong

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Physical vs. Financial. Both have their purpose. Financial is merely synthetic storage of the physical. What can they do with billions of dollars worth of pigs?? I don't know. Eat it?? Chinese people do enjoy their pork.

wong

China didn't buy the pig, they bught the brand or the operation there of. Also the US imports about 10% of its oil from the Persian gulf and that may be dwindleing as new technology comes on line. Sure, it bought a pig company with no pigs. Yeah, right buddy. Petroleum is traded in US dollars. It's...

wong

As for the Chinese, my view is that they'll lose around $1-1.5 trillion of their forex holdings no matter what they do. That's just too much hoarded nominal holdings to effectively manage. The far east Financial Times edition a couple of days ago reported how NO one wanted to head the CIC, which is...

wong

It definitely helps to have more years of education for even the most simple of jobs. This is how productivity in the west can be so high. Since China's manufacturing productivity despite it good infrastructure is lower than the west the explanation for lower output has to fall on some form of educ...

wong

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Thank you! Now, I know at least one person here not smoking the ganja.

wong

Wong, perhaps you are aware - most Chinese students from the mainland have to work really hard the first couple of years to catch up. i.e. they do spend more hours than their peers. No, they don't. You just made that up too. Math in China is the same Math as in the US. Same for Chemistry, Physics o...

wong

^^^^

Obviously it's not the English Department.

Math, Physics, Chemistry, Computer Science, an Engineering discipline at an Ivy or Ivy equivalent like MIT/Stanford/Chicago/Berkeley.

wong

Let me say this there is no comparison between the education of Taiwan and the education of China. Not even in the same ball park. Don’t even look at the Japan level of education. You routinely pull a lot of non-sense out of thin air on this PRC Economy thread. The statement above really takes the ...

wong

Theo_Fidel wrote:
From the chinese....
India dirty.
We have arrived, We have arrived, We have arrived, We have arrived, We have arrived.....

rinse repeat.

Not dirty. Just hopeless.

wong

Fearing tyrant Mao's Red army Kao's family escaped to hong kong and later to briton. The cessation of war with Japan did not bring peace. Soon the Red Army, who had been fighting the Nationalist Government, was at the city gates. My father made the decision to leave . The topic had been discussed o...

wong

^^^^ Ramanujan was a British subject. He lived and died in British India. The queen was his empress. Is that even in dispute?? The part your reading comprehension needs work is where did I say he's not Indian?? He's as Indian as Charles Kao is Chinese, which was my point all along. Think Harder!!

wong

^^^^^ Well then, you missed my point entirely. The Chinese have leverage because they can and do retaliate with Chinese courts. They have leverage the Japanese never did since the Japanese are a US protectorate and do what they are told (think Plaza Accord). The home field advantage you speak of is ...

wong

^^^^ Take your example, but replace it with Chinese courts. Which company do you think will win there?? I want to win the court case in my biggest market and for smart phones to cars to jumbo jets, it's the Chinese market and Chinese courts that matter. General Motors knows this. Samsung knows this....

wong

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LOL, Are your really that dense?? Ramanujan was a citizen of >>>>> BRITISH <<<<< India. He didn't need to convert his citizenship. He already had it. Next you're gonna tell me they just give Nobel Prizes to every Tom, Dick and Sanjay. Try again!!

wong

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LOL, >>only<< the 1st 15 years. Does that stop Indians from claiming that Ramanujan guy. As for is that the best I can do, it's pretty darn good for a people without the innovation gene, unlike you innovative Indians. No??

wong

@Sidor Read Malcolm Gladwell. He argues for being third mover, not first mover. As for Chinese innovations. I'll just give you one example. You guys owe your entire call center/back office business to the innovations of one Chinese man, Nobelist Charles Kuen Kao. His fiber optic cable lowered the co...

wong

sure, there is no 'innovation gene' and chinese are quite capable of innovation, as any other society. but it is the system which allows such people to think up something and make it into a something that can be sold. We tend to take it for a fact that that there is no "innovation gene." ...

wong

{deleted} Meanwhile, arr is werr: China’s Economy Unexpectedly Stumbles Again on Weak Export Results What has kept the economy running is the huge volume of cash being pumped into it. Total social financing — a measure of all nongovernment borrowing from banks, bond markets, trusts and other sources...

wong

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Yawn. Every 3 months there is a new prediction that China is doomed. This has been going on now since the mid-1990's. Who's had the better track record of predicting the Chinese economy, Indians BR-ites or the Chinese posters here in the last 15 years.

{deleted}

wong

A lot of EU residents and even desis there appreciate HSR. City centre to city centre makes it very convenient if commuting to a diff city is a routine job Trouble is ,in china, the HSR doesn't go from city center to city center, but a far off HSR port to another far off HSR port . Now, you're just...

wong

^^^^ China is as capitalist as it gets. All countries have government intervention. Think GM bailout or the billion the French spent on the Concorde/Airbus. What can cause instability for China is official corruption, but they are already addressing that. Bloomberg reports that government officials ...

wong

^^^^ The big difference between China and Japan is that Japan's economy has been deflationary for 10 to 20 years now. Deflation makes debt servicing twice as difficult. What the Japanese have decided to do now (finally!) is print massive amounts of money and devalue the Yen. That should solve the pr...

wong

:rotfl: Only the Chinese are coming on here to talk about India Not the Swedes, Japanese Russians or Americans. Loss of face. Insecurity -and the anger of congniitve dissonance. Also maybe the anger of one spoilt child from Chna's one child policy - a child who is not used to being denied what he w...

wong

^^^^ This is great news!! Indians, I'll make it easier for you. ROI, IRR and NPV are not used in public finance. They do not adequately capture shadow prices and shadow costs. Some basic coursework in public finance economics or an economic history class would be greatly beneficial to your country.

wong

^^^^^ Where are Indians going to get the small arms and cartridges to supply Chinese "insurgents" ?? H&K or FNH?? LOL. After all, the Chinese insurgents don't want the INSAS. CIA already tried with the Tibetans for 20 years and failed miserably. The US can make small arms. Can you ? Su...

wong

And LCA has generous assistance from Dassault, GE and just about everybody else, yet you still consider it "indigenous". Don't you ? India was put under arms embargo after the nuclear tests and all those "generous" assistance that you think we had vanished as well but still we h...

wong

I'll play along, but pretty sure Mao and Chinese famines will be brought up real soon.

Two Su-33/J-15 on the Varyag.

wong

^^^^

64% Taiwanese favor status quo. I'm hardly the minority. What Indians don't understand is Taiwan and China like each other much better than Kashmiri and Indians. Kashmir is basically one giant military base right now, etc.

wong

I'll make it simple for you. A Gujarati or whatever is still an Indian. A Taiwanese is still a Chinese. Get it?? Or is it still too difficult a concept to grasp?? But a Gujrati doesn't say that he is from a different country unlike Taiwanese. Get it ??? Or is it still too difficult a concept to gra...

wong

Actually, both sides recognize they are the same country. So does the UN, the USA and basically everybody else that matters. I am Chinese and proud of it. Who's definition ?? An Indian's definition?? I guess I need the British definition of what constitutes an Indian. From the source of your "...

wong

Well, I'm from Taiwan, the Republic of China. But Taiwan and China currently are two different nations so why bring in Taiwan in this thread ??? Also you are not Chinese by definition but amazingly suck up to Chinese. Actually, both sides recognize they are the same country. So does the UN, the USA...

wong

That's usually the next stop on the idiocy train. Thats fine with us. But why are you travelling first class? :rotfl: This is neither LCA thread nor FCK thread nor taiwanese nor american thread. Yet you want to be here to say that you make more salary because you are taiwanese american (whatever th...

wong

Oh, I forgot, the next idiocy station after the Little Red Book is some random insult on the Pakistanis using some racial pejorative. WTF?? Really?? ?? ?? Why always bring Pakistan into everything in a China thread? Stay on topic!!

wong

My point was simple. This only took tiny little Taiwan 5 years from first flight to full production. There are over 100 already in service for 15 years. Taiwan doesn't have 70 years of aviation history (remember that funny LCA(Mirage) apologist thread you created on BR ??) From the same place where...

wong

OT: Ancient Indus Valley Civilization? Do you think Indian civilization starts with IVC? :) we are the progenitors for your four fathers. Refer to Oppenheimer's 'Real Eve'. If you don't know please dont blast off. In your arrogance and ignorance, you will make a fool out of yourself. My last post o...

wong

^^^^ . We are the same race and culture. Being the same culture is only a guarantee of equal stupidity, nothing else. But why are you sucking up for Chinese weapons? Taiwan has only made an F-16 copy and one nice looking trainer. But cheap Chinese K-8s are selling. And crashing. Lol. F-16 has twin ...

wong

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LOL Indians. China has outlasted all of them. The Romans, the Greeks, the ancient Indus Valley civilization the British or Germans discovered for you. Outlasted all of them.

wong

You would need to pay for it, Indian truck stops and all. LOL Indian AIDS man.

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