News for hackers. Stuff that matters.
Re:A looming copper crunch and why recycling can’t fix it by Spooky23 on Sunday July 31, 2022 @09:03PM (#32300614)
Usually people pick up the this narrative from TV, where some commentator like Gordon Chang is predicting the coming collapse of China.

Only problem is, the guy has been peddling that story since 2002.

Re:A looming copper crunch and why recycling can’t fix it by gbear605 on Sunday July 31, 2022 @10:50PM (#32301382)
There’s a difference between the collapse of China and a slowdown in their pace of construction. The CCP is intentionally trying to decrease the amount of construction and housing developers in China have been running into issues with debt repayments that the Chinese government doesn’t want to rescue.
Re:A looming copper crunch and why recycling can’t fix it by kwere on Monday August 01, 2022 @11:52AM (#32307837)
in today media landscape there are a lot of sources of news about china that can filter out of the Great firewall and that are not pathetically parts of X agendas. I reccommend "the china show", "china in focus", "china update" and "china insights" on Youtube, they show unfortunately a darker face than any Bloomberg or "FOX" could ever do, and accurately (personal opinion).

Btw china has its real estate sector (homes fo speculation, public infrastructure for gov) debt fueld at unsustainable levels (affecting also tax revenues at local level that are dependent or land leasing for financing themselves), the bubble is bursting, how fast and dangerously will depend from gov reaction. bail out is the most sounding solution but the gov is doing too much QE already and will have to make sacrifices here or there. Easy growth is over forever, skills are neeeded now, a problem with XI leadership.