China economy crisis - more MLC WLs onshore soon?

https://edition.cnn.com/2024/01/01/e...hnk/index.html

There's probably going to be a huge influx of fresh MLCs coming to Australia, which will definitely drive down quality. Well, if only it helps to drive down the prices as well... The sex industry should start following supply and demand pricing if it wants to keep afloat.

In Japan there's reports of illegal street hookers on the rise as well. Police have been cracking down on a lot of illegal street hookers in Tokyo. And I'm pretty sure in South Korea where prostitution is absolutely illegal there's also a rise in illegal hookers popping up all over town.

The lack of Chinese WLs in Sydney the last few years is not because of the Chinese economy.
It is because the granting of visas has tightened up since Covid and the relationship between the Chinese and Australian governments became less friendly.
It will still take some time before things go back how they were 4 years ago, or maybe they never will.

not sure if there is will be an influx of WL. The cost of living has increased over the years (eg. 40 yrs ago a 20 kg box of oranges could be brought at flemington markets for $3.00. Go to the shops now and see the prices. Petrol per ltr has increased over the years).

Speaking to a ML two months ago we got on the topic of renting. ML said she was paying $640 a week. The ML is 23 yr old now so when she reaches her 30's plus will she as many clients?

I spoke to a Thai ML who has been working for years here in NSW. She has not applied to Australian citizenship.

Bring more gals here I am always happy to punt many sexy Chinese or Asian gals. The more the better.

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Originally Posted by spir55

I spoke to a Thai ML who has been working for years here in NSW. She has not applied to Australian citizenship.

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I don't see any reasons for the Thai girl not to take up Australian citizenship. Thailand does allow dual citizenship, and it would've been cheaper for her to do that rather than renewing her PR every 5 years - that is if she's on a PR.

Only people from countries such as China, Japan, Singapore etc who wants to retain their original citizenship who will opt to stay as a PR in Australia for their whole lives. The affair is slightly expensive but I can see why Japanese and Singaporean passport holders want to hold onto their citizenship.

True story, the youth unemployment rate is 20% and that's in the main Chinese cities
Xi is now a one man government and his subordinates are too scared to bring him any bad news. It's an economy that cannot tely on the success of the past any longer

The one child policy went on for far too long and will cripple their economy permanently because immigration remains restricted. Remember that Chinese labour is no longer cheap as there isn't the supply of young workers any more willing to work in factories. The international work is shifting quickly to Thailand and Vietnam where regulations are more reliable

If youth unemployment rises further to 30-40% a few interesting things will happen. Only a war remains to give Xi any legitimacy, otherwise he is gone. Young will leave the country if they can. Many will come to Australia for study and want to stay.

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Originally Posted by frisson

True story, the youth unemployment rate is 20% and that's in the main Chinese cities
Xi is now a one man government and his subordinates are too scared to bring him any bad news. It's an economy that cannot tely on the success of the past any longer

The one child policy went on for far too long and will cripple their economy permanently because immigration remains restricted. Remember that Chinese labour is no longer cheap as there isn't the supply of young workers any more willing to work in factories. The international work is shifting quickly to Thailand and Vietnam where regulations are more reliable

If youth unemployment rises further to 30-40% a few interesting things will happen. Only a war remains to give Xi any legitimacy, otherwise he is gone. Young will leave the country if they can. Many will come to Australia for study and want to stay.

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Unfortunately dictatorship such as China, Russia and some South American countries fail to see the effects of a brain drain. China is relying on its overseas agents and companies such as Huawei and Tiktok on spying for trade secrets such as microprocessors, food safe chemicals and packaging etc to create it's own international standard competition to boost its economy. That plan is now failing as US agencies such as FBI and CIA is working with all Five Eyes countries to crack down on Chinese spying. Any execs from Intel, Coca-Cola etc that have flights to China are being stopped and questioned for potential corporate espionage.

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Originally Posted by begov94

Unfortunately dictatorship such as China, Russia and some South American countries fail to see the effects of a brain drain. China is relying on its overseas agents and companies such as Huawei and Tiktok on spying for trade secrets such as microprocessors, food safe chemicals and packaging etc to create it's own international standard competition to boost its economy. That plan is now failing as US agencies such as FBI and CIA is working with all Five Eyes countries to crack down on Chinese spying. Any execs from Intel, Coca-Cola etc that have flights to China are being stopped and questioned for potential corporate espionage.

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Sorry can't US business people wanting to sell industry secrets just mail secrets on a USB?

Anyway I agree with you. Xi didn't count on being locked out of higher end semiconductors. The West specifically passed legislation in the last 12 months to restrict countries access to chips used in high end AI, to prevent China's military from progressing. It's Game Over

Belt and Road also is failing internationally as trust has been irrevocably eroded. Who wants debt imprisonment?

Back to punting. There may be restrictions on the young leaving the country. A brain drain and loss of labour however would be the icing on a very large cake of decline. Even India has a larger population and a much better demographic structure

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Originally Posted by rooter

The lack of Chinese WLs in Sydney the last few years is not because of the Chinese economy.
It is because the granting of visas has tightened up since Covid and the relationship between the Chinese and Australian governments became less friendly.
It will still take some time before things go back how they were 4 years ago, or maybe they never will.

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I've read that Chinese "students" over 35 are not granted student visas anymore. They used to be hanging around Australia extending from course to course to prolong their student visas

So there'll be less MILFs around for us. :)

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Originally Posted by rooter

The lack of Chinese WLs in Sydney the last few years is not because of the Chinese economy.
It is because the granting of visas has tightened up since Covid and the relationship between the Chinese and Australian governments became less friendly.
It will still take some time before things go back how they were 4 years ago, or maybe they never will.

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I'm always an optimist - but with Sydney punting things will never be the same again. Full service will outprice itself for many men

The winners I predict will be the massage shops

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Originally Posted by frisson

Sorry can't US business people wanting to sell industry secrets just mail secrets on a USB?

Anyway I agree with you. Xi didn't count on being locked out of higher end semiconductors. The West specifically passed legislation in the last 12 months to restrict countries access to chips used in high end AI, to prevent China's military from progressing. It's Game Over

Belt and Road also is failing internationally as trust has been irrevocably eroded. Who wants debt imprisonment?

Back to punting. There may be restrictions on the young leaving the country. A brain drain and loss of labour however would be the icing on a very large cake of decline. Even India has a larger population and a much better demographic structure

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The FBI intercepts all mails containing digital storage devices such as USB sticks and HDDs. This is to prevent corporate secrets from being leaked out. No one messes with the FBI, and those who do would've bought one way tickets to countries with no extradition treaties with US.

The only thing that stops young people from leaving their countries is poverty. If you can't afford a passport you basically can't afford to travel outside the country without financial aid from relatives. And the story about China eradicating poverty 100% is now proven a myth. There's many Tiktok videos recently of Chinese students complaining about how expensive it is to live in Australia and all other major Western countries. Many are looking to move to cheaper Southeast Asian countries such as Laos, Cambodia or Thailand to make their RMB worth something, but of course they're not going to work in the sex industry there.

I'm pretty sure the Chinese will try to find a way to come here either on a business visa or any temporary visas. They view the sex industry here as a quick way to make money so that they can spend it overseas, hence if they get to work 12hour shifts daily for 3 months they can already make enough to live a good life in Thailand or Laos.

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Originally Posted by frisson

I'm always an optimist - but with Sydney punting things will never be the same again. Full service will outprice itself for many men

The winners I predict will be the massage shops

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On my last few punts months ago I also noticed that brothels are getting a little quieter - no one does walk-ins as much as before and there's always at least 4-5 girls free. Massage shops are a little busier with more walk-ins as well. Many will opt for 30mins NHJ as it is the cheapest option.

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Originally Posted by begov94

Unfortunately dictatorship such as China, Russia and some South American countries fail to see the effects of a brain drain. China is relying on its overseas agents and companies such as Huawei and Tiktok on spying for trade secrets such as microprocessors, food safe chemicals and packaging etc to create it's own international standard competition to boost its economy. That plan is now failing as US agencies such as FBI and CIA is working with all Five Eyes countries to crack down on Chinese spying. Any execs from Intel, Coca-Cola etc that have flights to China are being stopped and questioned for potential corporate espionage.

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Mate, you been listening to too much Sky News and ASPI lol

China's economy declining economy is due to their massive real estate bubble popping after the CCP refused to bailout Evergrande and other massive developers which issued corporate bonds to large US asset management firms like Blackrock and Ashmore Group to fund their pyramid schemes. This caused apartment prices in cities like Shenzhen to skyrocket to $11000 aud per sqm - compared with Sydney apartments at around $2500 per sqm. For a country which a median salary around $1500 aud per mth - this is crazy.

Got a few Chinese mates which bought very old property to hold just for the sake of getting bought out at a later date by big developers - obviously things haven't gone too well as of late, but a few which exited just in time made very good money from it. That boat has sailed now.

Couple this with the authoritarian lockdowns during Covid - and this is what we get. Very similar story in Australia.
In both Australia and China - things will remain slow for at least the next 2-3 years.

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Originally Posted by charmingninjaman

Mate, you been listening to too much Sky News and ASPI lol

China's economy declining economy is due to their massive real estate bubble popping after the CCP refused to bailout Evergrande and other massive developers which issued corporate bonds to large US asset management firms like Blackrock and Ashmore Group to fund their pyramid schemes. This caused apartment prices in cities like Shenzhen to skyrocket to $11000 aud per sqm - compared with Sydney apartments at around $2500 per sqm. For a country which a median salary around $1500 aud per mth - this is crazy.

Got a few Chinese mates which bought very old property to hold just for the sake of getting bought out at a later date by big developers - obviously things haven't gone too well as of late, but a few which exited just in time made very good money from it. That boat has sailed now.

Couple this with the authoritarian lockdowns during Covid - and this is what we get. Very similar story in Australia.
In both Australia and China - things will remain slow for at least the next 2-3 years.

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Sorry, not a fan of Sky News. The "Intel" I got was actually from a CBS documentary where they shared CCTV footage of an FBI interrogation on a lady who's on Coca-Cola's payroll and was also selected by the Chinese government as part of a entrepreneurial program that rewards people for stealing corporate secrets. Not sure of the lady's nationality whether she's Chinese or US citizen although she's ethnically Chinese. The FBI caught her red handed with sensitive information in her USB drive about to leave for China.

Although it's true that the economy in China is collapsing due to real estate blunder and dwindling manufacturing, you also have to blame their totalitarian government for allowing corruption to go out of control and causing all that economic downturn.

Even Taiwan under the ROC aka Kuomintang wasn't big on economy as they were totalitarian as well. The current ruling party was the reason why a small island such as Taiwan is able to sustain itself economically, although these days it is too reliant on the electronics industry especially semiconductor manufacturing.

Australia is a fantastic country and one of the few countries in the world worth living in, so people will always come to Australia to live, work, play, earn money, raise a family etc (including WLs).
If you had the good fortune to be born in Australia or migrated here or are here for a long stay then consider yourself very lucky.
Lets face it, 80% or 90% of the world is pretty fucked. Poverty, disease, hunger, war, civil war, dictatorship of left or right, terrorism, overcrowding, pollution etc.
There are only a handful of countries in the world that provide a half decent life for most of it's people - Australia, USA, Canada, UK, Western Europe, a few countries in Asia and that's just about it. And Australia is close to the top of the very top nations.
So relax. Enjoy living in Australia. If you are here forever, or a long time, or a short time. Enjoy! Have a drink, have a feed, go to the beach, have a picnic, go fishing, watch the cricket, and yeah have a punt ... of course have a fucken punt!
Enjoy brothers! Enjoy!

It never ends, another year, another "CHinA iS AbouT COllaPse" narrative cooked up while China grows stronger every year. Do people hoping for the west's biggest geopolitical rival to magically collapse get tired of getting lied to year after year ?

Agree with whyme.

The level of development from China over the last 40 years is phenomenal, and they did it without invasion or war. The same cannot be said of the US, Germany, Japan or Russia.


Australia is fantastic because we literally stole the land scott free for nothing and it turns out to be filled with excellent grade minerals and resources. Pure luck largely, nothing to do with democracy or rule of law.
Of course the latter is helpful no doubt.

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Originally Posted by rooter

Australia is a fantastic country and one of the few countries in the world worth living in, so people will always come to Australia to live, work, play, earn money, raise a family etc (including WLs).
If you had the good fortune to be born in Australia or migrated here or are here for a long stay then consider yourself very lucky.
Lets face it, 80% or 90% of the world is pretty fucked. Poverty, disease, hunger, war, civil war, dictatorship of left or right, terrorism, overcrowding, pollution etc.
There are only a handful of countries in the world that provide a half decent life for most of it's people - Australia, USA, Canada, UK, Western Europe, a few countries in Asia and that's just about it. And Australia is close to the top of the very top nations.
So relax. Enjoy living in Australia. If you are here forever, or a long time, or a short time. Enjoy! Have a drink, have a feed, go to the beach, have a picnic, go fishing, watch the cricket, and yeah have a punt ... of course have a fucken punt!
Enjoy brothers! Enjoy!

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It's no coincidence that almost every country on that list has a western democracy tradition
Feel sorry for those who have no option to dispose of corrupt, incompetent governments
Any doubts then read about the city of 'Beirut'

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Originally Posted by woodland

Australia is fantastic because we literally stole the land scott free for nothing and it turns out to be filled with excellent grade minerals and resources. Pure luck largely, nothing to do with democracy or rule of law.
Of course the latter is helpful no doubt.

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I disagree. Reasonably sound government and a corruption free legal system had a lot to do with Australia's success

Africa is filled with countries born with immense mineral resources, all squandered by corrupt governments. All African countries suffer from corruption

If Nigeria had discovered Australia, I can promise you Australia today would resemble Mad Max, Fury Road. I'm serious

As such, half of all healthcare are in Africa has to be provided by church organisations as the governments are all broke

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Originally Posted by woodland

Australia is fantastic because we literally stole the land scott free for nothing.

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Terra Nullius.

If the people who supposedly lived here for all of that time did sweet fuck all with it then what were the British supposed to think ? It could have been the French or Dutch that could have discovered Australia.