Independent thinking for complex markets and current events
Her comments come after the biggest rate cut in China since 2020, which was delivered alongside a slew of worse-than expected economic data. The analyst put out some interesting charts comparing 1990s Japan to modern China: https://t.co/hHM4FuSC2a pic.twitter.com/N6U1qsfxFe — Lisa Abramowicz (@lisaabramowicz1) August 15, 2023 New rate cuts from the PBoC! 🇨🇳🥶 Spreads between USD …
Yet if the debt hanging over China’s economy limits the potency of the government’s response, that could bring about the worst fears — a plunge in housing prices, followed by expensive rescues of strapped lenders, and an unruly exodus of money. That outcome most unnerves government officials, given that it could bring joblessness, business insolvencies …
“A Chinese urinal has become a debate. After urinating in it, it can be easily tested. There is a price to pay for its use. Other cities in China, including Beijing, have installed special urinals (urine testing for a fee) in public restrooms, according to a report on the website Audition Central News. These urinals …
China export prices see their biggest drop in a decade. In developed countries “cheap consumer goods from China aren’t looked on as favorably as before." https://t.co/hGkrNMqZZm pic.twitter.com/S6rsl36shr — Lisa Abramowicz (@lisaabramowicz1) August 9, 2023 #China may be even more important than we figured!? Close correlation between daily World GDP Nowcast and #PBOC #liquidity injections… pic.twitter.com/kpdKOO3e5J …
Prestige BioTech, a Nevada company fronting for parties in China, was caught operating an “unlicensed laboratory” in Reedley, California in March. State and Fresno County officers raided the facility, and the FBI and Centers for Disease Control and Prevention have since been participating in the investigation. The illegal operation housed white lab mice—773 live and …
China is funding America’s public schools to the tune of $17 million dollars, it has been revealed, with Republicans now probing the disturbing donations. The report by Parents Defending Education states that the close coordination between the Chinese Communist Party (CCP) and U.S. schools to establish Confucius Classrooms has historically included 143 school districts in …
China's social credit score experiment gains momentum Now, if a person with a low rating calls you, your phone emits a siren instead of the usual ringtone. Then there is a voice reminder that a conversation with this subscriber will lead to a decrease in your score. 🚨🚨🚨 🔊 pic.twitter.com/qnTexLGe9o — Wall Street Mav (@WallStreetMav) …
China’s Jobless Youth, Xi Jinping – Understand the challenge China’s jobless youth pose for Xi Jinping and its potential impact on the country’s future. Xi Jinping, China Investors, State-Owned Firms (SOEs) – Xi Jinping’s pitch to investors emphasizes revitalizing SOEs. Explore the potential implications for China’s economic landscape. China’s Politburo, Weak Economy, No Big Stimulus …
China and El Salvador have announced the commencement of free-trade talks, a snub to the Central American country’s former ally Taiwan and a potentially new foothold for Beijing in a part of the world with strong historical ties to the United States. Salvadoran President Nayib Bukele tweeted on Wednesday his country “will sign a free-trade …
The yuan was used in 49% of China's cross-border transactions last quarter, topping the dollar for the first time This is huge news Many continue to be in denial The worlds second-largest economy has the dollar in its cross hairs and is stockpiling gold Enjoy the wild ride — Gold Telegraph ⚡ (@GoldTelegraph_) July 25, …
Chinese property giant Country Garden sinks in renewed storm SINGAPORE/HONG KONG/LONDON, July 21 (Reuters) – China’s property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the country’s biggest developers, Country Garden (2007.HK), capped a turbulent week for the long-troubled sector. News that the firm, which …
via dnyuz: China’s economy is in crisis – and the nation’s youth unemployment problem could be at the root of its current troubles, according to Northwestern University economist Nancy Qian. “To stem the reversal of its economic fortunes, China must address the root of the problem: the lack of high-paying, high-skilled jobs,” Qian said in …
Western economists have repeatedly foretold for nearly two decades that a financial crisis would strike at the drop of a hat in China. In particular, as China enters the post-epidemic era of 2023, the debt level of its financial system has been shockingly high. Economic indicators calculated according to Western economics show that China’s financial …
by Cautious_Kamakazi It is worth noting that despite deflation worsening, China's #credit impulse is declining again, showing a #TIGHTENING of #monetary conditions. Many investors had hoped that, as usual, Chinese monetary loosening would lead a US recovery. Some hope. – @albertedwards99 pic.twitter.com/qVitUH1xhM — Lance Roberts (@LanceRoberts) July 20, 2023 During the 2008 Global Financial Crisis, …
BEIJING — China’s Commerce Ministry on Wednesday said non-economic factors were growing and interfering with the country’s foreign trade which was facing an “extremely severe” situation in the second half of this year. “Some countries’ forceful push for ‘decoupling,’ ‘severing [supply] chains’ and so-called ‘de-risking’ are human-made obstacles blocking normal commerce,” Li Xingqian, the head …
China’s youth unemployment > 21% now. Is that bad?https://t.co/Rw4qmSZUu0 — Michael Kao (@UrbanKaoboy) July 17, 2023 China reports second-quarter GDP miss, another record high in youth unemployment. How will the market react to this. The 6.3% GDP print for the second quarter marked a 0.8% pace of growth from the first quarter, slower than the …
via YAHOO: The National Council for Social Security Fund, which oversees about $417 billion according to the latest available figures, has advised asset managers that handle its money to sell some bonds including those from riskier LGFVs and private developers after a review, people familiar with the matter said, asking not to be identified discussing …
“Hey, have you heard the latest from China? They’re going all-in on the cashless life! Tencent Holdings, the social media powerhouse, has just launched a super cool payment service for Beijing metro riders. And get this – you can pay for your ride with just your palm! No cash, no card, no problem. It’s all …
2/ China's housing market experienced its largest contraction in over a decade, despite efforts by the Chinese Central Bank to ease monetary policy pic.twitter.com/S8gVYVdz5W — Bravos Research (@bravosresearch) July 6, 2023 4/ Majority of demand for copper, an industrial metal, comes from China Weak copper prices suggest a slowdown in China and the global economy …
“China’s weaker than anticipated re-opening has caused a sharp pullback in Chinese equities Chinese stock valuations, relative to that of the US, are now at historically low levels” China's weaker than anticipated re-opening has caused a sharp pullback in Chinese equities Chinese stock valuations, relative to that of the US, are now at historically low …
Chinese government trying to step in to prop up currency and hide economic problems. News report below is from Indian news outlet Firstpost, highly substantive and reliable on Asian economic issues. China trying to muzzle and suppress its own economic experts and analysts, to prevent the real truth from being known! China’s debt woes getting …
by Chris Black Nothing translates directly to Chinese, so the term “dictator” probably sounds like “very bad leader, wily monkey engaging in unfriendly gamesmanship of an anti-competitive nature.” It is clear that the Chinese do not appreciate this very rude behavior from the senile hater-in-chief. RT: US President Joe Biden has labeled his Chinese counterpart, …