China’s yuan falls sharply as Donald Trump declares US election win

“Alongside geopolitical risks, not least the spectre of an escalation in US-China trade tensions, these factors will preserve depreciatory pressure on the yuan.” https://www.scmp.com/economy/global-economy/article/3285423/chinas-yuan-falls-sharply-donald-trump-declares-us-election-win As we found in our October trip to Shanghai and Beijing, the overwhelming majority of Chinese clients have been expecting a Trump victory. Indeed, many of …

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Central Planning: China’s Miracle–and Malaise

Authored by Charles Hugh-Smith via oftwominds, The illusion created by the initial success of central planning is that it can continue indefinitely, when the reality is it’s unavoidably self-liquidating as the distortions unravel the entire economy. China offers a real-time case study of the upsides and downsides of central planning, …

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China’s central bank grew its balance sheet by $560 billion in four months; Fed remains stagnant.

Notice the set-up. One of these two central banks' balance sheets is growing…and it isn't the Fed. The People's Bank of China has increased its balance sheet by $560 billion in four months. That is a 9.4% jump. Feel free to ignore it. pic.twitter.com/3toz8nvh8Z — Jeff Weniger (@JeffWeniger) October 19, …

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China’s Secret Gold Buying, U.S. Gold Reserve Transparency, and the Future of BRICS in the Global Gold Market

by Moneymetals In a recent Money Metals podcast, host Mike Maharrey sat down with Jan Nieuwenhuijs, a recognized expert in global gold markets, to discuss his journey into the field and the dynamics of international gold trends, particularly in China. Here’s a summary of their conversation, which covers Nieuwenhuijs’ unique …

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China’s home prices fall the most on record! Chinese stocks tumble into correction

🇨🇳 China’s home prices fall the most on record! Chart: @Bloomberg pic.twitter.com/cKQK5YGVOh — Alex Joosten (@joosteninvestor) October 17, 2024 It was the top: Chinese stocks tumble into correction, down 15% since Cramer said "you have to come in China stocks right now" https://t.co/Gfk0e9BBeK pic.twitter.com/3D1QSu2CQB — zerohedge (@zerohedge) October 17, 2024 …

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Investors underestimate China’s delay in economic stimulus, requiring at least 5% of GDP. Deflationary pressure intensifies.

Investors are underestimating just how behind the curve China is in stimulating its economy. Looking at the chart below, it is clear that a 5% of GDP stimulus package is the minimum needed just to prevent growth from weakening further. Investors are underestimating just how behind the curve China is …

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Can China’s slumping economy be saved?

China’s economy is struggling. With an ambitious target of 5% growth this year, the country is dealing with weak consumer spending, a failing property market, and international pushback against its goods. By September, it was clear that hitting the goal was just plain impossible. In a last-ditch effort, Beijing rolled …

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China’s massive stimulus is missing a key ingredient: a way to revive the nation’s consumers

Want change? Help consumers “This economy has many deep, structural, fundamental problems that cannot be turned around just simply by a stimulus package,” Tianlei Huang told Business Insider. “I think it’s probably a bit too early to celebrate.” The Peterson Institute for International Economics research fellow explained that Tuesday’s stimulus …

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China’s version of the Lehman crisis is unfolding

China Lehman: Right On Time.https://t.co/q1G4KRaARc — Mac10 (@SuburbanDrone) September 24, 2024 This is the (end of) the China rally. The theory is that China will catch-up with the rest of the world. The truth is the exact opposite. pic.twitter.com/OWvaoiUJpU — Mac10 (@SuburbanDrone) September 24, 2024 Easy Money. pic.twitter.com/UmV8a1mXSM — Mac10 …

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China’s secretive space plane caught on camera in orbit

The craft has more or less 30 feet (10 meters) in length, which would make it longer than the American X-37B space plane operated by the U.S. Space Force. Two solar panels that can be seen at the end. https://www.space.com/china-space-plane-caught-on-camera China’s secretive reusable spaceplane lands after 267 days in orbit …

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China’s bond rally signals economic weakness, with yields dropping to record lows. Unworkable housing rescue math is prolonging crisis

Money is pouring into Chinese government bonds. The buying has bid up prices and forced yields down to near record lows. The move has upset the Peoples Bank of China (PBOC), which has expressed considerable concern over what will happen to China’s financial stability when the rally reverses and people, …

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The chilling reason why the majority of Americans want a BAN on China’s land grab in the U.S

Americans want to stop foreign countries like China from purchasing U.S. land and operating critical infrastructure, a new exclusive poll finds. U.S. farmland purchases by individuals with connections to the Chinese Communist Party have become a recent concern in Congress, prompting a flurry of proposals. Repeated instances of foreign entities …

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China’s Consul General in NY – Expelled

China's consul general in New York has been expelled after a former aide to Gov. Kathy Hochul is charged with acting as a foreign agent https://t.co/Yqv3MEVA3E — CNN Breaking News (@cnnbrk) September 4, 2024 https://twitter.com/_/status/1831377888936866222?ref_src=twsrc%5Etfw China’s consul general in New York has been expelled after a former aide for New …

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China’s Two Richest People Lose Billions in Consumer Stock Rout

(Bloomberg) — Record-breaking stock selloffs in two of China’s biggest consumer companies erased more than $16 billion from the fortunes of the nation’s richest people, underscoring deepening investor concern over the health of Asia’s biggest economy. China’s wealthiest person, Nongfu Spring Co. founder Zhong Shanshan, lost some $3 billion as …

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Is China’s Steel Industry on the Brink of a Major Crisis?

By Metal Miner Several countries, including Malaysia and India, have initiated anti-dumping investigations into cheap steel imports, primarily from China. India has become a net importer of steel, with a significant surge in imports from Vietnam. China’s steel industry is facing a potential crisis, with the possibility of increased exports exacerbating …

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China’s Great Resource Grab – Will It Affect Americans?

With China and other foreign nations buying up farmland in the U.S., Brandon Smith of Alt-Market.us discusses the harmful ramification for Americans, and the future of our economy. By Brandon Smith In the past three years China has accelerated export agreements and industrial operations in Africa, becoming the continent’s largest bilateral …

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