Is China about to blow?

by mark000 Sure looks like a Lehman moment (major negative event) is about to happen over there. Which will trigger a Chinese Financial System crisis, which will trigger one in Japan because of their interdependance. And from there to the …

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China PMI for August released

BEIJING, Aug 31 (Reuters) – China’s manufacturing activity contracted for a fifth straight month in August, an official survey showed on Thursday, maintaining pressure on officials to provide support to shore up economic growth amid soft demand both at home …

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All of This Happened in China This Week

by Chris Black Stimulus (https://archive.is/Gx9ok).  China’s Central Bank surprised investors with the steepest cut rate cut since COVID, as July delivered another month of disappointing economi… Continue reading by subscribing. Username Password Remember Me     Forgot Password

China and Japan resume selling…

China and Japan resumed the selling. this will be relentless. tech is toast. pic.twitter.com/Gd8ODcxjOx — The Market Dog (@TheMarketDog) August 21, 2023 Beware: 10-year real yield is at its highest level since the 2008 Financial Crisis pic.twitter.com/eOPBT5ZtPw — Bravos Research …

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Strange light in China…

SHENYANG, CHINA: Strange light phenomenon caught on video.. WHAT IS IT? pic.twitter.com/QB2UpOy2Xu — Chuck Callesto (@ChuckCallesto) August 20, 2023

Here comes the brrr? China Evergrande collapse shows need for $1 trillion Beijing rescue plan, says Clocktower strategist.

by Dismal-Jellyfish source: https://www.marketwatch.com/story/china-evergrande-collapse-shows-need-for-1-trillion-beijing-rescue-plan-says-clocktower-strategist China Evergrande Group’s EGRNF, bankruptcy filing in New York on Thursday shows a need for Beijing to go big, and soon, to sop up the nation’s soured real estate market, says Clocktower Group’s Marko Papic. China’s second-largest property developer …

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China Evergrande seeks Chapter 15 protection from creditors, facing 40% default rate in Chinese home sales since 2021.

⚠️CHINESE PROPERTY GIANT EVERGRANDE BANKRUPT – NY COURT — Don Johnson (@DonMiami3) August 17, 2023 WOW!CHINA’S SECOND LARGEST PROPERTY DEVELOPER #EVERGRANDE HAS JUST FILED FOR BANKRUPTCY Chapter 15 bankruptcy protection (NY) pic.twitter.com/2x9mPowevW — jeroen blokland (@jsblokland) August 17, 2023 👀 …

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SURPRISE! China Central Bank unexpectedly cuts rates amid economic issues…. August 2015: Yuan devaluation worsens as Chinese government struggles to stimulate economy

pic.twitter.com/uX9VoRGdXK — Genevieve Roch-Decter, CFA (@GRDecter) August 15, 2023 Does anyone remember August 2015 – Yuan deval? Well, it's about to be a lot worse this time as the Chinese government can't stimulate the economy and support the currency at …

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