A hub for independent voices and hard truths
The 2008 US housing market crash stands as one of the worst collapses in economic history — and its lessons remain relevant as China deals with its own real estate crisis. Beijing is facing a narrow policy path toward an economic rebound this year, and the International Monetary Fund has …
View post on imgur.com The US could soon surpass China as the world leader in rare earth minerals after more than 2.34 billion metric tons were discovered in Wyoming. American Rare Earths Inc announced that the reserves near Wheatland dramatically surpass the Asian nation’s 44 million metric tons, saying …
Like Japan before it, a declining birthrate and an aging population have precipitated a drop in the proportion of the working-age population and the savings rates in China, impacting long-term economic growth In response, China needs to boost the supply of labor through relaxing birth restrictions and raising the retirement …
Amidst widespread disillusionment with stocks, property, and various domestic assets, Chinese mom-and-pop investors are left poorer and angrier. Gold emerges as the only resilient asset amidst the financial turbulence. As investors lose faith in traditional avenues, gold gains favor as a safe haven. However, discontent looms as stock investments falter …
This video dives into the heart of the Hong Kong crisis as China’s stocks hit record lows, wiping out $6 trillion. It uncovers the complex factors, from a selloff in stocks to real estate woes, triggering a market chaos. Discover the human stories behind the numbers, with families, businesses, and …
In a startling turn of events, China’s stock market faces unprecedented turmoil as nearly 30% of all stocks come to a grinding halt, with small caps limited down in an alarming 8% freefall within a matter of hours. This financial upheaval sparks concerns, hinting at an impending storm in the …
Concerns rise as critical commentaries on China’s struggling economy vanish from the internet, indicating increased censorship. Chinese authorities, including top intelligence agencies, emphasize promoting a positive economic outlook amid challenges. Censorship targets negative financial analysis, with warnings against “denigrating China’s economy.” Crackdown extends to renowned economists, analysts, and media coverage …
LOST DECADES: Chinese Hang Seng Index is now trading below 1997 levels following Evergrande announcement #China is a must watch! Let's see if #liquidity works this time… pic.twitter.com/XQR5XrZs7Z — CrossBorder Capital/ GLIndexes (@crossbordercap) January 30, 2024 h/t AdAlarmed69
In a move to stimulate lending and combat economic challenges, China announced a forthcoming reduction in the reserve requirement ratio (RRR) for banks. People’s Bank of China Governor Pan Gongsheng shared that the RRR will be lowered by 0.5 percentage points on February 5. This strategic decision aims to address …
Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.
Explore the latest episode of China Update uncovering the turmoil in the Chinese stock market and economy. From panic selling to foreign investors withdrawing, the video delves into the causes and consequences of China’s financial challenges. Will the stock market crash, and is a Chinese Yuan collapse imminent? Get insights …
The recent tumult in Chinese stocks has sent shockwaves through the nation’s asset management sector, resulting in a notable uptick in mutual fund closures. In 2023, around 240 local mutual funds were liquidated, marking the highest closure rate since the industry underwent a significant shakeup in 2018 due to more …
China’s economic woes deepen as the Hang Seng Index plunges 4% in response to another round of disappointing macro data. The persistent question arises: how long until China resorts to injecting substantial liquidity despite its rapidly escalating debt? Concerns grow over the limited list of quality Chinese stocks, given the …
BREAKING: China economy grew around 5.2% in 2023: Premier READ: https://t.co/YFpRF9hjFj pic.twitter.com/kC6OyTC4YN — Insider Paper (@TheInsiderPaper) January 16, 2024 Chinese Premier Li Qiang said Tuesday the country’s economy was expected to have grown by around 5.2 percent in 2023, as he addressed an annual meeting of global elites in Davos. …
China REITs plumb record lows as economic gloom lingers SHANGHAI/SINGAPORE, Jan 11 (Reuters) – China’s real estate investment products are tumbling, extending last year’s slump as investors lose hope for a recovery in the economy and property assets such as industrial parks and logistics hubs. Chinese real estate investment trusts …
China’s SkyNet Facial Recognition system. 850 million surveillance cameras all interlinked to track you every step of your daily life. Store, work, airport, hotel, concerts, sports games, etc. pic.twitter.com/bC1JKWtxdi — illuminatibot (@iluminatibot) January 9, 2024
Chinese regulators face challenges in invigorating local stock markets amid investors’ reluctance to embrace higher risks. Reports from Yicai suggest that fund managers are struggling to launch new public equity funds due to this cautious investor sentiment. Despite rumors of regulatory efforts to encourage fund managers to issue more equity …
via Yahoo: When China’s BYD recently overtook Elon Musk’s Tesla as the global leader in sales of electric vehicles, casual observers of the auto industry might have been surprised. But what’s caught other carmakers around the world off-guard is something else about BYD, which is backed by Warren Buffett’s Berkshire …
CHINA SPARKS FEARS OF IMMINENT TAIWAN INVASION AS MILITARY SWARMS ISLAND BY SEA AND AIR (MSN) Taiwan's Ministry of National Defense has tracked six Chinese military aircraft and six naval ships moving near the island nation, once again sparking fears of an invasion. One of the… pic.twitter.com/FPs3A5v694 — FXHedge (@Fxhedgers) …
by Chris Black Whether or not electric cars are a good idea is debatable, but there is a place for them in ultra-urban environments which become very smoggy. Mark my words: BYD is going to beco… Continue reading by subscribing. Username Password Remember Me Forgot Password
by Mike Shedlock To meet GDP demand of the Chinese Government, unproductive debt in China soared out of sight. Who will pay for the losses and cleanup? Image clip from video below. Local Chinese Debt in Need of Bailout The East is Read reports China’s Local Govt debt in 2020 was 50% …
The recent decline in China’s Shanghai Composite Index, plummeting below 2,900 and marking a 15% drop from its April peak, raises concerns about the nation’s structural challenges. This significant 28% performance gap when compared to the MSCI World Index (USD) since April underscores a deeper issue at play. While psychological …
The survey shows that 70% of Chinese will continue to save and 30% will take action, involving $5 trillion. Source: Bank of China.Now all Chinese are discussing what to do with deposits. 🇨🇳 #China’s 30-Year Yield Hits Lowest Since ‘05 on Deposit Rate Cuts – Bloomberghttps://t.co/FczKh5NYHqhttps://t.co/XUm8CDdEw3 pic.twitter.com/Mfk2LDwOdm — Christophe Barraud🛢🐳 …
2/4Lower deposit rates may be justified, given low and negative inflation, but their impact on Chinese consumption is complex. On the one hand, they may encourage Chinese households to save less out of current income, although this depends on their saving targets. — Michael Pettis (@michaelxpettis) December 22, 2023 4/4The …
They keep kicking the can in that lawsuit – and they have been for 2 years. Each time that they kick the can, the costs goes up. Just like the US…banks are stuffed with these loans. The crap has hit the fan in China.When rates start going up again in …
China’s central bank has made a historic move by injecting a record $112 billion into the financial system, according to reports from Bloomberg. This substantial cash injection comes as the Chinese yuan experiences depreciation against the US dollar, posing challenges for exporters and raising concerns about potential inflation. The Chinese …
Kyle Bass, Hayman Capital Management founder and CIO, joins ‘Squawk Box’ to discuss China’s real estate crisis, why he believes China is currently experiencing a banking system collapse, what it means politically for Chinese President Xi, potential impact on U.S. companies, and more.
China’s economy is teetering at a “critical stage,” expanding a modest 4.9% in Q3, below the five percent target. The aftermath of draconian Covid measures persists despite their removal in 2022. Surprisingly, an economic model reliant on debt-fueled construction faces challenges. Ghost cities, idle airports, and vacant skyscrapers showcase the …
The Moody’s announcement, meanwhile, put a spotlight on China’s debt issues. While the agency retained a long-term rating of A1 on the nation’s sovereign bonds, it cited the usage of fiscal stimulus to support debt-laden local governments and the spiraling property downturn as risks. The pushback from China generally followed …
