- How serious is the birth problem in Communist China?
A set of data from a mobile app, provided by the Shanghai Municipal Public Security Bureau shows number of new born babies on the same day of each decade in Shanghai.
|Date||Birth Population||No. of Boys|
|Jan 1, 2020||156||78|
|Jan 1, 2010||380||211|
|Jan 1, 2000||1148||646|
|Jan 1, 1990||2784||1516|
It intuitively conveys two problems. One is the fertility rate has fallen off a cliff in the past three decades, and the other is the tighter the fertility policy, the more uneven the ratio of men to women. However, the anxiety behind it is even more obvious, compared with the rational analysis above. While the fertility rate has fallen sharply, combined with the various voices in society that Laobaixing cannot afford to “deliver a baby and bring it up”. Communist China’s pressure “get old before getting rich” has been infinitely amplified based on the predictions of some population experts and the lessons learned from the aging of Japan.
2.CCP’s State Administration of Foreign Exchange issued this year’s first batch of QDII quotas of US$9.02 billion
Reuters (Beijing), January 13: According to the approval status form issued by the State Administration of Foreign Exchange on Wednesday, as of January 13, the quota of Qualified Domestic Institutional Investors (QDII) reached US$125.719 billion, an increase of US$9.02 billion from the previous round of US$116.699 billion on November 30, 2020. This latest round of QDII grants covers major types of financial institutions such as funds, banks, insurance companies, and bank wealth management subsidiaries.
Opinion: CCP has intentionally allowed the appreciation of RMB to a certain degree, and now it’s encouraging domestic companies to purchase and invest in high-quality assets overseas.
3.100 billion yuan (US$15.456 billion) P2P platform is under investigation in Communist China’s Shenzhen City
On Jan 13, Neo Capital, a peer-to-peer lending platform, was suspected of constituting a crime of illegally absorbing public deposits and was under investigation by Shenzhen Nanshan Police Bureau.
Up to now, Neo Capital’s cumulative number of registered people is 6.0815 million and cumulative transaction amount is 117.174 billion yuan (US$18.11 billion) with cumulative number of 859,400 lenders since its financing platform went online in Jun 2013.
4.Another round of dairy price increase, is milk choice still available?
JinLing Evening News: according to a report issued from GuoSheng Securities on 5th Jan 2021, Yili Group raised the price of its basic white milk products on December 29 last year by 3%-5%. Mengniu Dairy followed to increase the price by about 4-5% at the end of December 2020.
Since June last year, dairy companies have raised prices one after another. The price of the same pure milk product purchased by Bright Group from a source supplier was increased from 55 yuan to 69.9 yuan, an increase of 27% in half a year period. Price increased due to raised material costs and the broken overseas supply chain because of Covid19.
In fact, the giants have formed a tacit understanding on the increased price. It is unrealistic to expect prices to be dropped through competition among them.
Caijing.com urges adults to use plant dairy products launched by various companies as a substitute since plant dairy price remains steady.
Dairy products companies should also consider that once consumers switch to other protein drinks it will be difficult for them to switch back. http://m.caijing.com.cn/article/197561?target=blank
5.Trump bolsters ban on U.S. investments in Communist China
WASHINGTON (Reuters) – President Donald Trump has signed an order strengthening a November ban on U.S. investments in alleged Chinese military companies, the White House said on Wednesday, curbing Chinese access to U.S. capital markets days before he leaves office.
Under the amended directive, by Nov. 11, 2021, U.S. investors will be required to have completely divested their holdings of securities of companies designated by the Defense Department as owned or controlled by the Chinese military.
Among the 35 companies that the DOD has blacklisted so far are Communist China’s top chipmaker SMIC and oil giant CNOOC. But Reuters and other outlets reported earlier on Wednesday the administration had scrapped plans to blacklist tech giants Alibaba, Baidu and Tencent.
The Chinese Embassy in Washington did not immediately respond to a request for comment.
6. Australia quashes Chinese giant’s plan to buy award-winning contractor
ABC reported on Monday, 11 January 2021, CSCEC, ranked the biggest construction company in the world by revenue, withdrew it’s offer of A$300m (US$232m) to acquire Probuild with WBHO (Probuild’s South African parent Wilson Bayly Holmes-Ovcon). Both parties were advised that its application to the Australian Foreign Investment Review Board (FIRB) would be rejected on national security grounds.
Tough new restrictions on foreign investment in Australia came into effect on 1 January. In August 2020, both China Communication Construction Company and China State Construction Group, of which CSCEC is the Shanghai-listed subsidiary, were added to the US Department of Defense’s list of “Communist Chinese military companies”, which the Trump administration viewed as supporting China’s military-industrial complex and threatening the US.
Australia was the first country to ban Huawei from supplying its 5G wireless technology in Aug 2018.This move led to a spate of retaliatory restrictions by Communist China on Australian imports of beef, iron, coal, wine, grain and other commodities.