China Evergrande seeks Chapter 15 protection from creditors, facing 40% default rate in Chinese home sales since 2021.

⚠️CHINESE PROPERTY GIANT EVERGRANDE BANKRUPT – NY COURT — Don Johnson (@DonMiami3) August 17, 2023 WOW!CHINA’S SECOND LARGEST PROPERTY DEVELOPER #EVERGRANDE HAS JUST FILED FOR BANKRUPTCY Chapter 15 bankruptcy protection (NY) pic.twitter.com/2x9mPowevW — jeroen blokland (@jsblokland) August 17, 2023 👀 pic.twitter.com/M2Ge4Cxn36 — Genevieve Roch-Decter, CFA (@GRDecter) August 17, 2023

Chinese economy is hard landing/crashing

Another Lehman Brothers? — Mr. X 🇺🇸 (@Wonder4X) August 16, 2023 HEDGE FUNDS DUMP CHINESE STOCKS AGGRESSIVELY AS GROWTH OUTLOOK DIMS — FXHedge (@Fxhedgers) August 15, 2023 OOPS! #China 10y yields keep falling in a sign that the economy is hard landing/crashing. China 10y yield now at 2.6%, the lowest level since Corona crisis in …

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SURPRISE! China Central Bank unexpectedly cuts rates amid economic issues…. August 2015: Yuan devaluation worsens as Chinese government struggles to stimulate economy

pic.twitter.com/uX9VoRGdXK — Genevieve Roch-Decter, CFA (@GRDecter) August 15, 2023 Does anyone remember August 2015 – Yuan deval? Well, it's about to be a lot worse this time as the Chinese government can't stimulate the economy and support the currency at the same time. So why not just let the currency do the heavy lifting? pic.twitter.com/fAcHUIQMhH …

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Dementia in Chief Calls Chinese People “Bad Folks” Who Do “Bad Things,” Threatens to Hurt Them

by Chris Black We are reaching levels of retarded foreign policy that make me think Idiocracy was a documentary from the future. https://twitter.com/thonwingp/status/1689848652301570049 Biden on China’s economy: “They’ve got some problems. That’s not good, because when bad folks have problems, they do bad things”. So China is now “bad folks”? Don’t people realize just how …

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Bidenomics! M2 Money Velocity Rises … To Almost Pre-Covid Levels, Fed Balance Sheet Remains Above $8 TRILLION (Biden Energy Secretary Secretly Consulted Top Chinese Energy Official Before SPR Release, Sales To Hunter Biden-Linked Chinese Energy Giant)

by confoundedinterest17 I wonder which season the US economy is in, according to President “Chance the Gardener” Biden. If you believe the recovery talk (from the reckless Covid economic and school shutdowns of 2020), all is well in the (economic) garden. For example, M2 Money Velocity (GDP/M2), is almost back to where it was just …

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EXC: Hunter Biden Was Managing Director At Chinese Military Proxy Planning To Wage ‘Warfare’ Against America

Start the clock on this story too! 🚨 EXC: Hunter Biden Was Managing Director At Chinese Military Proxy Planning To Wage ‘Warfare’ Against America And Make China The ‘World’s Leading Country.’ https://t.co/4aTJLqnyEM https://t.co/Gikx8pzE4D — Natalie Winters (@nataliegwinters) August 4, 2023 Deleted strategy papers from CEFC China Energy – a Chinese Communist Party-run company where Hunter …

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Report: Dozens of U.S. K-12 Schools Linked to Chinese Communist Party

Research by an organization called Parents Defending Education has identified 143 K-12 schools spread across America that now are linked to the Chinese Communist Party. The group’s report was profiled by the Washington Stand, which said the “Confucius Classrooms” program is nothing less than a scheme “to infiltrate schools with communist propaganda.” “While Confucius Institutes …

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US Government launches investigation into $9 trillion asset manager BlackRock over Chinese investments.

by AvailableChoice3130 The goal of the investigation is to gather facts that would inform the U.S.’s China policies, including on American capital flows. By routing “massive flows of American capital” to such Chinese entities, the U.S. firms are “exacerbating an already significant national-security threat and undermining American values,” said the letters. How does this flow …

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Evergrande’s Financial reports spook Chinese: equal borrowing $240 from everyone/All they are Tied

On the evening of July 17th, 2023, Evergrande’s official website released 3 financial reports, including the 2021 financial report, the 2022 mid-year report, and the annual report. Everyone already knows that Evergrande is a mess, but no one expected it to be so bad: a net loss of US$120 billion in two years! Its liabilities …

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Chinese Ex-Foreign Minister Disappears in Apparent Power Struggle: Chinese diplomacy to be more hardline against West after Qin Gang’s removal

Chinese foreign policy vis-à-vis the United States is likely to turn increasingly frigid under Wang Yi, who returned to replace Qin Gang this week as Chinese foreign minister after Qin’s mysterious month-long absence, a well-informed source told Asia Sentinel. Wang, who held the post before being replaced by Qin, previously a fast-rising figure in President …

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Chinese Biolab Discovered Operating Near Fresno, California

CDC detects coronavirus, HIV, hepatitis and herpes at unlicensed California lab The CDC found at least 20 potentially infectious agents at the warehouse in Fresno County. Local and federal authorities spent months investigating a warehouse in Fresno County, California, that they suspect was home to an illegal, unlicensed laboratory full of lab mice, medical waste …

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Chinese Banks Offload Huge Dollar Holdings As Yuan Surges

Amidst a global move towards de-dollarization and increasing demand for yuan-based transactions, the efforts of Chinese policymakers to prop up their currency have increasingly gained traction. In efforts to bolster the yuan, China’s major government-controlled banks began offloading their US dollar holdings to acquire the Chinese currency in both domestic and international spot markets during …

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Europe Is Stockpiling Chinese Solar Panels At Record Levels

via Alex Kimani: The global energy crisis triggered by Russia’s war in Ukraine exposed Europe’s extreme vulnerability due to the continent’s over-reliance on Russian energy commodities, especially natural gas. Europe responded with overkill, with the continent managing to store so much gas that it emerged from the last winter season with more than enough gas …

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Chinese Professor Says Youth Jobless Rate Might Have Hit 46.5% In China

⚠️ CHINESE PROFESSOR SAYS YOUTH JOBLESS RATE MIGHT HAVE HIT 46.5% The National Bureau of Statistics said that month's jobless rate for people between the ages of 16 and 24 was 19.7%, less than half of what Peking University professor Zhang Dandan estimated. If 16 million… pic.twitter.com/hwwmGGGSq7 — PiQ (@PiQSuite) July 20, 2023

The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a growing risk this time around.

China’s Murky Debt Corner Faces Funding Squeeze (Bloomberg) — The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a growing risk this time around. The bonds funded an economic boom in China more than a decade ago, as local authorities borrowed …

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Is the Chinese Government Buying Teslas to Help Bail Musk Out After the Plunge in Tesla Shares Last Year?

by Chris Black Do Chinese government officials own a large chunk of Tesla stock? Something is fishy with the numbers when all other data points show a drop in overall sales outside Tesla. The cars aren’t that popular in China. Tesla is way behind the Chinese domestic manufacturers. https://twitter.com/zerohedgeupdate/status/1678432848334962688

Extremely weak global economy… The United States and Europe are already in an industrial recession; Optimism around the Chinese consumer has faded following the re-opening

The third OPEC+ oil cut. Oil ended down on the news. Sign of an extremely weak global economy. pic.twitter.com/Ic3kgQWpFf — Mac10 (@SuburbanDrone) July 3, 2023 Optimism around the Chinese consumer has faded following the re-opening A weakening Chinese economy is a major red flag for the global economy pic.twitter.com/8sDZ0BweP2 — Bravos Research (@bravosresearch) July 3, …

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Florida Bans Chinese Non-Citizens from Owning Property

by Chris Black No foreign nationals should be allowed to own property. Most people probably missed that Florida Gov. Ron DeSantis made it illegal for Chinese nationals to buy property in the state. He signed SB 264 in May that bans even thise living here legally from purchasing property, further enhancing his xenophobia.https://t.co/jLOcbqAvha — Ray …

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Chinese, Palestinian leaders announce establishment of strategic partnership

Chinese President Xi Jinping and Palestinian President Mahmoud Abbas announced during their meeting in Beijing on Wednesday the establishment of a bilateral strategic partnership, China Central Television (CCTV) reported. “Having encountered epochal global changes and new challenges in the Middle East, China is ready to strengthen its coordination and cooperation with Palestine to promote an …

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Traditional Chinese Medicine treats sickness by restoring an individual’s life force energy

via naturalnews: At the turn of the seasons, when the weather changes suddenly, some people get sick with what is commonly referred to as a cold. Many people live a sedentary life and work indoors, with little exposure to the outside elements. This lifestyle hinders the body’s ability to adapt to changes in temperature, barometric pressure, …

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Chinese Defense Minister warns: Severe China-US conflict would be an UNBEARABLE DISASTER for the world

via naturalnews: Chinese Minister of Defense Li Shangfu has warned that a “severe conflict” between China and the United States would be an “unbearable disaster” that the world might not be able to recover from. Li gave this warning during the IISS Shangri-La Dialogue, an international defense summit held every year in Singapore. (Related: Chinese fighter jet flies …

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Chinese scientists build hypersonic generator capable of powering a range of high-tech weapons (while the US depletes its armory by sending its weapons to Ukraine)

via naturalnews Chinese scientists have built a hypersonic generator that is capable of powering a range of weapons and military lasers as well as rail guns and microwave weapons, and the compact format of their generator means its potential uses are staggering. Using a controlled detonation, Chinese researchers found a way to turn hot gas into …

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