Australian (ASX) Stock Market Forum

China on our doorstep

China’s property slump is also affecting overseas housing markets, including Australia. While it is difficult to get capital out of China, households hoarding savings that they would have previously spent on Chinese real estate are now eyeing investments in countries such as Australia, research shows.

Real estate firm Juwai IQI says Australia now tops the list of overseas markets such as Canada, the United Kingdom and the United States for Chinese investors. This is also being driven by an exodus of China’s wealthy due to last year’s COVID-19 lockdowns and Xi’s common prosperity policies.

A report by Juwai estimates about 712,000 people from the country will migrate to the US, Canada and Australia from this year to 2025. Australia expects about 70,000 new migrants from China in the next two years...

... and

Screenshot_20230808-093237_Chrome.jpg
 
China’s property slump is also affecting overseas housing markets, including Australia. While it is difficult to get capital out of China, households hoarding savings that they would have previously spent on Chinese real estate are now eyeing investments in countries such as Australia, research shows.

Real estate firm Juwai IQI says Australia now tops the list of overseas markets such as Canada, the United Kingdom and the United States for Chinese investors. This is also being driven by an exodus of China’s wealthy due to last year’s COVID-19 lockdowns and Xi’s common prosperity policies.

A report by Juwai estimates about 712,000 people from the country will migrate to the US, Canada and Australia from this year to 2025. Australia expects about 70,000 new migrants from China in the next two years...

... and

View attachment 160674

We're going to have to build some ginormous internment camps in the next 10 years.
 
This week saw the release of the 2023 edition of China’s “standard map”.
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Screenshot_20230904-083713_Outlook.jpg
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Note that what used to be known as the 9 Dash map now has 10 dashes. Bits of India and far eastern Russia have been incorporated as well as pushing close to Philippines, Malaysia and Vietnam.
 
How much of a risk do we face from the widespread use of Chinese surveillance technology ? This is pretty disturbing story.


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LIDAR mapping technology, provided by Chinese company Hesai, as seen from a self-driving Kodiak truck in the U.S. (Photo via Kodiak Robotics, Inc.)

Is That a Spy in Your Car?


America is already beholden to China for antibiotics, lithium batteries, and 5G equipment. Now they are cornering the market on an important technology used in self-driving vehicles.

By Nadia Schadlow

September 18, 2023

 
How much of a risk do we face from the widespread use of Chinese surveillance technology ? This is pretty disturbing story.


https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F997e3549-bdc0-4d53-9379-5fe90c764300_1051x539.jpeg

LIDAR mapping technology, provided by Chinese company Hesai, as seen from a self-driving Kodiak truck in the U.S. (Photo via Kodiak Robotics, Inc.)

Is That a Spy in Your Car?


America is already beholden to China for antibiotics, lithium batteries, and 5G equipment. Now they are cornering the market on an important technology used in self-driving vehicles.

By Nadia Schadlow

September 18, 2023


How much of a risk do we face from the widespread use of Chinese surveillance technology ? This is pretty disturbing story.


https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F997e3549-bdc0-4d53-9379-5fe90c764300_1051x539.jpeg

LIDAR mapping technology, provided by Chinese company Hesai, as seen from a self-driving Kodiak truck in the U.S. (Photo via Kodiak Robotics, Inc.)

Is That a Spy in Your Car?


America is already beholden to China for antibiotics, lithium batteries, and 5G equipment. Now they are cornering the market on an important technology used in self-driving vehicles.

By Nadia Schadlow

September 18, 2023

Could be the horror story from hell.
 
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