Independent thinking for complex markets and current events
via Reuters – Overnight borrowing costs for some Chinese financial institutions jumped to as high as 50% on Tuesday, as a month-end scramble for cash squeezed liquidity and stressed money markets. In addition to seasonal factors, the cash shortage was caused by an upcoming flood of government bond issuance, and traders also pointed to market …
The Chinese Shenyang J-11 rapidly approached the US B-52 bomber on Tuesday over the South China Sea and came within 10 feet of contact, the U.S. military said Thursday. The plane harassed the B-52 briefly, flying close at “uncontrolled excessive speed, flying below, in front of, and within 10 feet of the B-52, putting both …
The Chinese Shenyang J-11 rapidly approached the US B-52 bomber on Tuesday over the South China Sea and came within 10 feet of contact, the U.S. military said Thursday. The plane harassed the B-52 briefly, flying close at “uncontrolled excessive speed, flying below, in front of, and within 10 feet of the B-52, putting both …
Hui Ka Yan, the founder and chairman of embattled Chinese property developer Evergrande, was once Asia’s second-richest person worth $42 billion in 2017. But the tycoon has fallen far from his perch. Hui — who is now under police surveillance — recently lost his billionaire status after his fortune plunged 98% from its peak amid …
The ongoing property crisis in China is taking an epic turn, with the nation’s real estate index plummeting back to 2009 levels, marking an approximate 80% drop from its peak. This alarming situation prompted Chinese President Xi to make his first-ever visit to the central bank, signaling a shift towards a much-needed fiscal stimulus. China …
https://t.co/XBw4c92N4m — Win Smart, CFA (@WinfieldSmart) October 23, 2023 If that’s true, there is no recovery from this. It’s a matter of time. Might be a long time or a short time, but it’s all coming down. Contagion $100B+ in defaults in China's property bond sector could ripple through the world economy. It might impact …
Chinese warships are currently stationed in the Middle East region. According to the news outlet, the warships still in the region include the Zibo, a Type 052D guided-missile destroyer, the frigate Jingzhou and the supply ship Qiandaohu. The move comes as the U.S. deployed the USS Gerald R Ford, the largest aircraft carrier ever built, …
Arkansas has become the first state to order that a Chinese company give up ownership of local land, amid fears of attempts by Beijing to malignly infiltrate and influence the U.S. through various means. On Tuesday, Governor Sarah Huckabee Sanders announced that she was ordering Syngenta to relinquish its 160 acres of land holdings in …
Arkansas is the first state in the United States that is taking a strong stance against ‘hostile foreign entities,’ particularly China, by banning them from owning agricultural land in the state. During a press conference on Tuesday, Gov. Sarah Sanders (R-AR) announced that the state has ordered the Chinese state-owned Agri Chemical Company, Syngenta, to …
Chinese property stocks are on track for a 14-year low, as stress in the sector continues to rise amid slumping home sales and deepening debt woes for major developers, per Bloomberg. — unusual_whales (@unusual_whales) October 18, 2023 Fears that Country Garden will defaultAre growing by the day pic.twitter.com/Shl9wCMNca — Longview Economics (@Lvieweconomics) October 18, 2023 …
Border Patrol agents apprehended more than 24,000 migrants from the People’s Republic of China (PRC) along the Southwest border during fiscal year 2023, according to a DHS report reviewed by Breitbart Texas. The report, provided by a source within the agency, shows the increase in apprehensions of migrants from the communist regime represents a more than …
BREAKING: Car crashes into the Chinese Consulate in San Francisco, driver shot https://t.co/16o4Bs8FKz — BNO News (@BNONews) October 9, 2023
(Bloomberg) — Global funds further trimmed their Chinese stock holdings in September, extending a relentless selloff and lowering their average position in the country to the lowest level since 2020, Morgan Stanley said. Net monthly outflows from active long-only managers in China and Hong Kong equities totaled $3.2 billion during the month largely due to …
Hear the answers from Professor Sandberg and Professor Olle Kampe. “The mRNA given is very transient” “The amount of side effects noted to date is extremely limited, so I don’t think it’s a major concern” “Well it can’t be integrated into the nucleus, into the DNA, and that’s a safety precaution.” “The effects noted are …
EXCLUSIVE: 55 Chinese sailors are feared dead after nuclear submarine ‘gets caught in a trap intended to snare British and US vessels in the Yellow Sea’ Twenty-two officers were among the 55 reported to have died in the Yellow Sea China denies it happened – and apparently refused international assistance Fifty-five Chinese sailors are feared …
by TallTree9127 https://nypost.com/2022/01/27/chinese-elite-have-paid-some-31m-to-hunter-and-the-bidens/ For those wondering why Joe Biden is soft on China, consider this never-before-reported revelation: The Biden family has done five deals in China totaling some $31 million arranged by individuals with direct ties to Chinese intelligence — some reaching the very top of China’s spy agency. Indeed, every known deal that the Biden family enjoyed with …
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 said in a group interview …
RATINGS agency Moody’s on Thursday (Sep 21) revised its outlook on four Chinese real estate firms to “negative” from “stable”, as the country’s property sector reels from mounting debt. The agency’s action comes just a week after it revised the outlook on the country’s crisis-hit property sector to “negative”, citing growth-related challenges. The outlook change …
NEW RECORD: 20 PLAN vessels around Taiwan were detected by 6 a.m.(UTC+8) today, according to Tawain's Ministry of National Defense. pic.twitter.com/91PaRIGJ2j — Duan Dang (@duandang) September 12, 2023 This follows 202 PLAN warships detected operating near Taiwan in August, which was also a new monthly record. pic.twitter.com/VS7Do2yM1G — Ian Ellis (@ianellisjones) September 12, 2023 via …
Cup and han.. oh no time for a handle h/t dandanmusicman
by Martin Armstrong This entire migrant crisis would not be permitted to occur under anyone but the untouchable Joe Biden. Reports have circulated at the Department of Defense, and FBI tracked more than 100 incidents of Chinese citizens breaching military bases by posing as tourists. I mentioned in an earlier blog how there were reports …
A green energy first that has received significant support from Democrat President Joe Biden’s administration has deep ties to the Chinese Communist Party (CCP). Gotion Inc., a California-based energy company, was greenlit for a Michigan electric vehicle battery plant project by the Biden administration. However, national security experts and Republicans are now raising the alarm …
“Chinese stocks rebounded on Monday morning after Beijing unveiled a raft of measures meant to halt their nearly monthlong slide. But the rally proved to be short-lived as foreign investors used it as an opportunity to unload $1.1 billion of mainland Chinese equities, according to Bloomberg data. ” https://finance.yahoo.com/news/billions-dollars-flowing-chinese-markets-213851348.html
by china-golden She may have a point here. I don’t think China is “finished” however.
We've never seen this before. A buffoonish level of complacency in a global RISK OFF event. pic.twitter.com/GgJPZWs1fP — Mac10 (@SuburbanDrone) August 19, 2023 There is a high probability that Powell will finish off China this week. And then U.S. gamblers will wish they had a map with more than one country on it. pic.twitter.com/90cy9Cz38j — …
by Chris Black China’s property sector is, structurally, a bubble. And as with all bubbles, policymakers are equipped with a toolkit limited to delaying, mitigating, or perhaps even changing (https://genco.substack.com/p/the-great-financial-reset-of-2009) the inevitable “burst”. And while Beijing has done a mostly admirable job over the past decade of delaying the debt crisis, a sort-of countdown to …
