A hub for independent voices and hard truths
On October 21, 2024, multiple coastal cities across China, including Tangshan in Hebei, Panjin in Liaoning, and Xiamen in Fujian, experienced severe seawater surges caused by an astronomical tide. The rapid rise in sea levels resulted in extensive flooding, property damage, and forced emergency responses from local authorities. The channel …
Captain DEI isn’t beating the stereotypes. https://t.co/nj4j1X40LW — CONSERVATIVE (@ConservativeOG) October 21, 2024
China’s balancing act between managing real estate risks and economic growth looks increasingly precarious. TL;DR: China’s deepening real estate crisis is spilling over into the banking sector, raising concerns about financial stability. Property-related loans, though slightly reduced, remain a major risk, with nonperforming loan (NPL) ratios expected to rise significantly. …
Not enough’ Macquarie’s global economists Larry Hu and Yuxiao Zhang wrote in a note on Thursday that the measures “may not be enough to turn the housing market around.” The note added that it would have been better if authorities had expanded a program announced in May that would allow …
“On Monday, China Coast Guard (CCG) fleets 2901, 1305, 1303, and 2102 conducted law-enforcement patrols in the waters surrounding the Taiwan island, implementing patrol and control around the island. This is a practical action to manage the Taiwan island in accordance with the one-China principle, CCG spokesperson Liu Dejun said …
“They start all the wars, they are behind everything happening now”. Former environmental cleanup contractor who went bankrupt after the Biden administration cancelled his project to clean up Tampa Bay says Cargill is the real financial power behind everything, and behind them is the Vatican. At the end the interviewer …
🤖 🇨🇳 China has started mass-production of biomimetic humanoid robots. You’re all getting girlfriends… 😅 pic.twitter.com/sEZZ6lcaF9 — Radar 𝘸 Archie🚨 (@RadarHits) October 12, 2024 China has initiated mass production of biomimetic humanoid robots, with Fourier Intelligence set to produce thousands of its GR-1 robots by the end of 2023. The …
Chinese authorities have detained four employees of Taiwanese Apple supplier Foxconn under “quite strange” circumstances. Police in Zhengzhou city of Henan province held the factory workers on an offence equivalent to Taiwan’s “crime of breach of trust”, the island’s mainland affairs council said. The council confirmed all four employees were …
China’s political repression is extending beyond its shores as the Xi Jinping government intimidates citizens living in Japan, victims have told Human Rights Watch. Chinese authorities are using “transnational repression” to target Chinese nationals living in Japan, particularly minorities from Tibet, Xinjiang, and Inner Mongolia, to deter them from protesting …
China’s economic planner outlined new measures to support the struggling economy; however, the government refrained from implementing significant new stimulus. China’s National Development and Reform Commission Chairman Zheng Shanjie on Tuesday announced a special purpose bond issuance to local governments to spur their growth. He explained that ultra-long special sovereign bonds …
BEIJING (AP) — Chinese drinkers may pay more for Remy Martin and other European brandies after the government announced provisional tariffs of 30.6% to 39% on those liquors Tuesday, four days after a majority of European Union countries approved duties on electric vehicles made in China. The tit-for-tat move potentially …
A cyberattack tied to the Chinese government penetrated the networks of a swath of U.S. broadband providers, potentially accessing information from systems the federal government uses for court-authorized network wiretapping requests. For months or longer, the hackers might have held access to network infrastructure used to cooperate with lawful U.S. …
The Chinese Communist Party (CCP) government is having to make immediate changes to the way that they are handling retirement for their citizens. Those immediate changes were implemented without public consultation, forcing those reaching retirement age to have to reevaluate their plans without warning. What the CCP is doing, though, …
https://twitter.com/FinanceLancelot/status/1841778795356762343
China's Shanghai Composite index just soared over 8% today ALONE. This puts the index up over 20% in 5 days, more than DOUBLE the average S&P 500 ANNUAL return. This would be like the S&P 500 going from 5,000 to 6,000 in one week. Truly unprecedented. pic.twitter.com/NcuzPA0o9s — The Kobeissi …
It all began with a massive collapse in Chinese real estate. It even prompted the bankruptcy of Evergrande, one of China’s largest real estate giants. Currently, China's real estate market is BELOW 2008 levels, down over 80% from its recent all time highs. pic.twitter.com/Rgt6ftox1n — The Kobeissi Letter (@KobeissiLetter) September …
That’s definitely a Shitty situation — Valentina Gomez (@ValentinaForUSA) September 27, 2024 AC
The first signs of weakness came after China’s HY real estate index fell a massive 82% in just over 2 years. This came as Evergrande, one of China’s real estate giants, filed Chapter 15 bankruptcy. This put the index back down to 2008-levels, but barely anyone talked about it. pic.twitter.com/OYhpxKCVBo …
“Analysts have said the ICBM was likely a Dong Feng-41 with an operational range of 15,000 kilometers, or its predecessor, the Dong Feng-31. China regularly tests short- and mid-range rockets within its territory and over the western Pacific as part of its ballistic missile program, but a test far into …
China Shorts are "ALL-IN". Even more than at *the* Bottom. pic.twitter.com/nlqvFC6ikX — Macro Charts (@MacroCharts) September 25, 2024 #JustDarioDaily ⚠️ A BIG BANK IS ON LIFE SUPPORT, CHINA KNOWS IT AND IS PREPARING TO WITHSTAND THE SHOCK – IS THIS BULLISH? ⚠️ Today’s article come with a @PiQSuite perl at …
Investing.com– Gold prices hit record highs in Asian trade on Tuesday, extending a recent run of gains amid persistent optimism over U.S. interest rate cuts, with focus turning to more upcoming cues this week. Among industrial metals, copper prices rose sharply after the Chinese government announced a barrage of stimulus …
(Sept 24): Gold prices surged to a record high on Tuesday as a cocktail of factors, from hopes of further US rate cuts and China stimulus measures to elevated Middle East tensions, lifted demand. Spot gold steadied at US$2,628.63 per ounce as of 0903 GMT after hitting a record high …
A prominent economist at one of China’s top think tanks was placed under investigation, detained and removed from his posts after he allegedly criticized leader Xi Jinping’s management of the world’s second-largest economy in a private chat group, according to people familiar with the matter. The investigation of Zhu Hengpeng, …
Wow! #China just went all in on #stimulus, sending Chinese stocks 4% higher. China’s central bank: – Lowered policy #interestrates and signaled more cuts are coming. – Cut rates on over USD 5 trillion in #mortgages. – Eased rules for second-home purchases. – Lowered the required reserve ratio for banks, …
The world’s second-largest economy has remained under pressure from a real estate slump and tepid consumer confidence. “We believe the risk that China will miss the ‘around 5%’ full-year GDP growth target is on the rise, and thus the urgency for more demand-side easing measures is also increasing,” Goldman Sachs …
Lawmakers are claiming the Biden-Harris administration’s billion dollar clean bus project is promoting reliance on the Chinese Communist Party (CCP) in a new scathing report that details the taxpayer-funded price tag for the energy initiative. The Biden administration authorized the Clean School Bus Program in 2021, which appropriated $5 billion …
The bustling city of Shanghai marks national celebrations with world-famous light shows, illuminating its skyscrapers with dazzling colors, like beacons of Chinese innovation. It is here that scientists and engineers work around the clock to pursue the next big thing in global tech, from 6G internet and advanced AI to …
🇨🇳 BREAKING: Chinese factories are overwhelmed with orders from the Middle East! Posts from Chinese social media, stating factories are running overnight shifts to accommodate huge orders of communication devices from the Middle East. A requirement from clients, is that the… pic.twitter.com/8H9ceqcIZo — Lord Bebo (@MyLordBebo) September 19, 2024 The …
