A hub for independent voices and hard truths
The Wall Street Journal has recently report that due to China’s economy continuing to stumble and rocky relations with the United States, billions of dollars have been pulled out by international investors citing numerous concerns. The Shanghai and Shenzhen exchanges in China have seen $24 billion leave the market through …
via YAHOO: Already stung by soaring bad loans and record low net interest margins, lenders such as Industrial and Commercial Bank of China Ltd. may soon be asked for the first time to provide unsecured loans to developers, many of whom are in default or teetering on the brink of …
Just like the first time. They identified a supposed health threat in China but didn’t shut down travel from China to protect local populations. Smelled fishy the first time, still stinks like 4 year old dead fish. They are going to do it again. Funny how it only seems to …
A crisis looms over China as alarming signs of economic distress emerge. Despite official claims, the job market’s true fragility is exposed by online listings and household surveys, painting a grimmer picture. Adding to the ominous scenario, China is contemplating unsecured loans for real estate developers, marking an unprecedented move …
Maoist China is quickly rising as the most formidable superpower in the world and could eventually become the only superpower in the world. They are quickly consolidating power in Asia, Africa, the Middle East, and South America. They are active here in the United States. They have total control of …
(Kitco News) China has been on a full-out gold shopping spree — topping up its gold reserves each month for the last 12 months. However, the official numbers are not even close to the actual amounts China is buying, according to Dominic Frisby, Founder of FlyingFrisby.com. The latest data out …
Is China still catching up with the US, or not anymore? pic.twitter.com/wir6NFlb92 — Michael A. Arouet (@MichaelAArouet) November 15, 2023 🇨🇳 #China #Property Slump Deepens as Beijing Mulls More Stimulus – Bloomberg ➡ The contraction in China’s home sales and property investment both deepened in October. ➡ Investment in development …
For national security LOL NEW – Nikki Haley: "Every person on social media should be verified by their name" because of "national security." pic.twitter.com/bPTkYGKNin — Disclose.tv (@disclosetv) November 14, 2023
China’s economic landscape appears fraught with concerns as the rebound in consumption stalls and private business confidence loses momentum. In October, key indicators like the QuantCube Technology recreation and transport demand measure and the Morning Consult consumer sentiment survey recorded troubling declines. Furthermore, the Cheung Kong Graduate School of Business …
China’s decision to create a coal transportation rail network and plans for 100 more coal-fired power stations might seem quite ironic. Especially when you consider that these power stations will help make products for the West, including solar panels. The irony is that while the world talks about reducing carbon …
In August, China experienced its largest monthly capital outflow in nearly eight years. China had a capital outflow of $49 billion in August, the largest monthly outflow in almost 8 years 🚨 pic.twitter.com/h9dXDHxC8s — Barchart (@Barchart) October 22, 2023 https://twitter.com/NorthmanTrader/status/1716166335049114018 China’s Country Garden risks default after ‘missing bond payment’ The …
by TonyLiberty China’s population decline and Real Estate slump could lead to economic collapse per Geopolitical analyst Peter Zeihan. He believes that China’s collapse is imminent, with only 10 years remaining before potential disaster. He estimates that China’s actual population is lower by 100 million than what the government has …
This is not sustainable. The US added – checks notes – $275 billion in debt in, uh, ONE DAY Total US debt is now $33.442 trillion, hit $33 trillion just 2 weeks ago, and on pace to rise by $1 trillion in 1 month. WTF is going onhttps://t.co/tOrhqmkFXL pic.twitter.com/w3qnBAIfLh — …
After defaulting on its debt two years ago, Chinese real estate developer Evergrande was meant to be restructured and allowed to get back on its feet. But that plan now looks to be in peril, after police detained its chairman as well as staff at a financing subsidiary. Xu Jiayin, …
Yoshitaka Shindo, who assumed the cabinet post earlier this month, said that because China accounts for nearly a fifth of Japan’s exports, the Chinese economic troubles could cause Japan’s economy to move a notch downward. Potentially, “the impact is really big” given China’s central role in the global economy, Shindo …
Even China’s 1.4 billion population can’t fill all its vacant homes, former official says Unsold, completed: ~7.2 million homes, according to Reuters calculations, based on the average home size of 90 square metres. That does not count: the numerous residential projects that have already been sold but not yet completed …
I thought you might be interested in this. @Michael_Yon has been all around for years. https://t.co/4Bfz3lSakn — DeeStonk (@DeeStonk) September 12, 2023 According to Apollo, China's real estate market is now in recession territory. The China real estate climate index just hit its lowest levels since 2008. Meanwhile, Evergrande just …
While China has been offloading US Treasuries for 10+ years, the rate has accelerated. Both Canada and Mexico also now account for a higher % of US imports than China. It seems like the trade war is back. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/paivr3aYSS — …
via CNN: Hong Kong/London CNN — Country Garden warned Wednesday that it could default on its vast debts as it reported a loss of 51.5 billion yuan ($7 billion) for the first six months of the year. The company, which was China’s largest residential developer last year, said it had …
https://www.youtube.com/watch?v=XBgea3Mj4MU China’s economic structure is getting increasingly unsustainable. Several indicators show that the world’s second-largest economy is standing on very shaky ground right now. A major meltdown is already in motion after the collapse of the country’s second-largest property developer Evergrande, whose shares collapsed by 80% on Monday. But Evergrande’s …
‘JUST IN: China to cut interest rates on $5.3 TRILLION of mortgages to support their economy. The last time China did this? In the 2008 financial crisis. The move comes just after they cut taxes on stock trades and considered banning short selling of stocks. Is China on the brink …
by Historical_Lie5701 TL;DR: China’s property developers move collaterals, take debts from banks, and issue off-shore bonds to acquire new lands and sell off-plan units, in order to pay off constructions on the older development. When new developments stop selling, everything goes burst, including those off-plan sold units which are under …
Will US consumer spending lead to a “soft landing”?
China’s Housing Slump Far Worse Than Reported; Half Of State-Owned Builders Warn Of “Widespread” Losses Earlier today, Goldman’s head of hedge fund sales Tony Pasquariello observed that “to this point in the sequence, I’d argue the slowdown in China had been a net positive for US equities — with specific regard to the …
via Reuters LONDON, Aug 17 (Reuters – Hedge fund EDL Capital is betting on further falls for China’s offshore currency and says the yuan’s slide could be the next “black swan event” to rattle world markets, according to an investor presentation this month seen by Reuters. The U.S. dollar has …
https://twitter.com/_/status/1692283346833817835 🚨🇨🇳 China releases Taiwan attack simulation video! pic.twitter.com/48RcUALazQ — Terror Alarm (@Terror_Alarm) August 18, 2023 🚨🇹🇼 Taiwan releases a video of the preparation to defeat China.After Ukraine, it is Taiwan's turn to eliminate Free World's enemies. pic.twitter.com/DAufkFOCU7 — Terror Alarm (@Terror_Alarm) August 18, 2023 https://twitter.com/_/status/1690141682220826626 AC
by bitkogan Today, major indices in both Hong Kong and mainland China plummeted to their 2023 lows, leaving many in China bewildered. Just a fortnight ago, state-run media outlets heralded a revival in the capital market and a surge in investment confidence. They underscored the significance of allowing the populace …
#China suspends youth jobless data after record high readings. The decision announced shortly after the release of weaker-than-expected factory & retail sales data sparked rare backlash on social media amid growing frustration about employment prospects in the country.… pic.twitter.com/KSsSdOIxM7 — Holger Zschaepitz (@Schuldensuehner) August 15, 2023 Cutting rates because they …
