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(03-10-2021, 12:51 PM)cityhantam Wrote: 3 gorges dam collapsed already?
70% blackout? So cham?
So China collapsed already?
China is the wotld engine
US has the Dola
Joe Biden cannot get cash to pay the pay to play quadtrillion otc derivative. Dola credits saturated 2008.
Pandora box opens pandora papers.
(This post was last modified: 04-10-2021, 05:52 PM by
singlon.)
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Frankly China electricity control is due to the high price in coal supply now, and many of the heavy industries and also their power plant in China needed coal. Which is currently running short.
Ever since China and Australia went into a stalemate, China has since move to get the supply from Columbia, Indonesia, South Africa and Eastern Europe. And closer to them were from Mongolia or Inner Mongolia. The current state with the shortage of supply was due to the torrential rains in both Columbia and Indonesia, this resulted that the coal could not be shipped into China. While in South Africa was due to the logistics.
Right now there are talks between Russia and China, where the Russians will supply both coal and electricity into the Northeastern region of China.
So China doesn’t need to depend on Australia for a while.
Part of the control in electricity supply was also due to their preparation for the winter Olympic game in early next year. So the Chinese need to bring down the pollutions.
All the above news can be found in BBC, CNN and market watch report.
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(04-10-2021, 12:54 PM)revealer Wrote: This must also be part of the bigger plan i.e. to chase all overseas investments out of China.
![[Image: FA0-N7-MGXo-AQ2-A7i-format-jpg-name-medium.jpg]](https://i.ibb.co/vmV3VqP/FA0-N7-MGXo-AQ2-A7i-format-jpg-name-medium.jpg)
![Rotfl Rotfl](https://sgtalk.net/images/smilies/Animated/rotl_s.gif)
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China secretly starting to use Australia coal
All of China's wolf warrior diplomacy and hard talk cannot hold a candle to their need to keep the lights on.
Quote from the Financial Times article attached. 450,000 tonnes is nearly 4 times the paltry shipment from Kazakhstan that was widely trumpeted in Chinese media.
"China has started unloading a small number of Australian coal shipments despite an unofficial import ban, analysts said, in a move underscoring the intensity of the power crunch facing the world’s second-largest economy.
Nick Ristic, lead dry cargo analyst at Braemar ACM Shipbroking, said a handful of Australian cargoes waiting outside Chinese ports since a ban came into force a year ago had headed into berth last month and draft change had been observed, indicating that the coal had been unloaded. He said 450,000 tonnes of coal had been discharged.
Energy research company Kpler also said a total of five vessels waiting offshore had discharged 383,000 tonnes of Australian thermal coal into China last month.
It is possible the discharged coal had been resold to other countries, but traders said this was unlikely because of signals from Chinese authorities that it would be allowed to clear customs."
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(03-10-2021, 12:40 PM)singlon Wrote: Ha China blackout due to the 3 gorges dam.
All 3 affected:
Nuclear power big pharma and bitcoins.
China now 70% blackout.
is 3 gorges dam finished?
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Cannot tahan already?
China turns to stranded Australian coal to combat power crunch
https://www.channelnewsasia.com/business...102021_cna
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Isn't it stupid to let Indians snatch away these coal ?
"
So far, policymakers in Beijing have not given any indication of whether China will resume importing Australian coal. Media reports last week said Indian firms snagged about 2 million tons of Australian coal at a discounted price that were sitting in Chinese warehouses.
https://www.cnbc.com/2021/10/05/china-po...tlook.html "
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(This post was last modified: 07-10-2021, 06:08 AM by
revealer.)
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(07-10-2021, 05:54 AM)revealer Wrote: 有种。有骨气。 靠义气吃饭。
https://www.scmp.com/news/asia/south-asi...nese-ports
So it is India who has snapped up the stocks and not like another post in this forum that says the Chinese has succumbed to Australia by taking up the stocks that sits in their port. And try to paint that China has given in….
Interesting indeed.
The Chinese has backbone indeed…
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ha Australia herself sold in 1975. Traded on the stockmarket
27minutes
https://www.dailymotion.com/video/x84p3nv
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China is making effort to tame the coal price. This is good news. The market is presently feeling the pressure. It is also time for the market to make a correction after coal price has risen more than 2.5 times in a short span of one year.
Correctly speaking, the slowing world economy caused by the Pandemic should cause a reduction in coal and energy demand. Clearly, this present increase in coal and energy prices started from the time China embargoed Australian coal.
The commodity price has always been governed by supply and demand. Any monetary or inflation effort will not suppress the price for long. Unfortunately, this rise in coal price has caused also oil and gas prices to increase, affecting many electricity consumers all over the World.
It is hoped that China can take a friendlier approach and take the corrective step to resolve this present energy crisis.
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(03-10-2021, 12:03 PM)sgbuffett Wrote:
What blow back and backfires? Know a little bit but not the real stuff.
Do you see the reduction of production of factories is causing havoc in US? Inflation is getting serious in US with flooded printed money to chase few goods to buy leading to serious inflation. Interest rate is rearing it's ugly head.
Why Biden keeps wanting to have dialogs with Xi Jinping? Biden is frantically wanting to meet. Why? Any way, with reduced production, angmo are more worried for the 3 coming festivals lining up until year-end.
.
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(03-10-2021, 12:40 PM)singlon Wrote: Ha China blackout due to the 3 gorges dam.
All 3 affected:
Nuclear power big pharma and bitcoins.
China now 70% blackout.
China makes this decision is to stop US exported inflation. Let US has a taste of their poison medicine. 真的是当机立断。。。太棒了。
US junk dollar no way to go will flow back to US.
See how long US can tahan. 民怨沸腾。
Let see which 倒霉蛋 Fed Chairman will spike the rate. Powell?
Ah Xi 真不简单。。。
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
>
(This post was last modified: 20-10-2021, 04:14 PM by
RiseofAsia.)
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(20-10-2021, 03:40 PM)revealer Wrote: China is making effort to tame the coal price. This is good news. The market is presently feeling the pressure. It is also time for the market to make a correction after coal price has risen more than 2.5 times in a short span of one year.
Correctly speaking, the slowing world economy caused by the Pandemic should cause a reduction in coal and energy demand. Clearly, this present increase in coal and energy prices started from the time China embargoed Australian coal.
The commodity price has always been governed by supply and demand. Any monetary or inflation effort will not suppress the price for long. Unfortunately, this rise in coal price has caused also oil and gas prices to increase, affecting many electricity consumers all over the World.
It is hoped that China can take a friendlier approach and take the corrective step to resolve this present energy crisis.
![[Image: wcvlo.png]](https://i.ibb.co/b3s3v1C/wcvlo.png)
Many of China's electricity supply are obtained by coal-fired generating stations. Therefore with the lack of coal, many of these generating stations are unable to supply electricity to their many factories and residential premises. Fortunately, the electricity from three gorges hydroelectric stations are able to supply Giga watts to some parts of China. China is also trying to reduce it's carbon footprints, by relying on oil-fired generating stations. Perhaps China should consider the use of wind mill farms, solar power and nuclear power to feed it's ever expanding industries. With these methods of producing electrical energy, it is best to use renewable energy to make the world a "greener" planet....
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haha, our licking boy SgButt can't wait to be wet for his goat daddies.
https://www.reuters.com/world/china/chin...021-10-21/
(This post was last modified: 21-10-2021, 08:54 PM by
amata.)
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(21-10-2021, 08:58 PM)Fleetdestroyer Wrote: https://thediplomat.com/2021/10/can-russ...-to-china/
China should look into renewal energy, such as wind mill farms, solar cells and hydroelectric power, and nuclear energy. The world is trying it best to reduce the carbon footprint, and the burning of coal and oil-fired generating stations is polluting China's land....
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(21-10-2021, 09:09 PM)debono Wrote: China should look into renewal energy, such as wind mill farms, solar cells and hydroelectric power, and nuclear energy. The world is trying it best to reduce the carbon footprint, and the burning of coal and oil-fired generating stations is polluting China's land.... ![Laughing Laughing](https://sgtalk.net/images/smilies/Animated/laughing_s.gif)
Typical way of retarded syonan dotard to talk cock.
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(20-10-2021, 03:40 PM)revealer Wrote: https://www.aljazeera.com/economy/2021/1...oal-prices
All you ill-bred syonan scum rat28 or rat29 still dreaming wet on your aussie rat daddies?
Any angmoh rats still high-classed rats than all you low-bred syonan rats? lol
(This post was last modified: 21-10-2021, 09:45 PM by
amata.)
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(20-10-2021, 03:55 PM)webinarian Wrote: What blow back and backfires? Know a little bit but not the real stuff.
Do you see the reduction of production of factories is causing havoc in US? Inflation is getting serious in US with flooded printed money to chase few goods to buy leading to serious inflation. Interest rate is rearing it's ugly head.
Why Biden keeps wanting to have dialogs with Xi Jinping? Biden is frantically wanting to meet. Why? Any way, with reduced production, angmo are more worried for the 3 coming festivals lining up until year-end.
.
What blow back as SgFett said?
Just see from now until Christmas and new year in December, when without christmas purchase of the cheap Chinese goods, price will spiral up many times, inflation will break above the ceiling and interest rates forced to hike up. See who will get the blow up?
SgFett and those running dogs, read some words but not fully understand the full situation.
.
(This post was last modified: 22-10-2021, 10:55 AM by
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