Chinese activity data lost some steam and the real estate crisis just got worse.

2/By sector, automobile production remains very strong, followed by electronics… two of the categories targeted by the new US imports tariff hikes. pic.twitter.com/vUmh3zk03r — Patrick Zweifel (@PkZweifel) May 17, 2024 4/Investment spending fell in April, but remains very solid over 3 months (>14% ann.), driven by the manufacturing sector, which …

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Chinese space walk…

Something looks different in the China Space walk footage compared to Nasa but I cant seem to put my finger on it 🗺️ pic.twitter.com/px204eYlIC — Rufus_2688 (@No_Curve) May 13, 2024

TikTok will not be sold, Chinese parent tells US

TikTok’s Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell the hugely popular video app or be banned in America. “ByteDance doesn’t have any plans to sell TikTok,” the company posted on its official account …

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Didn‘t Blackrock and Dalio tell us back in 2021 that Chinese equities are the place to be?

Didn‘t Blackrock and Dalio tell us back in 2021 that Chinese equities are the place to be? pic.twitter.com/zNEl2D49oG — Michael A. Arouet (@MichaelAArouet) April 25, 2024 Ray Dalio's Bridgewater Associates has significant investments in Chinese companies that produce fighter jets, bombers, naval ships, ballistic missiles & the country’s first domestically …

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U.S. Prepares Sanctions on Chinese Banks

According to sources cited by the Wall Street Journal (WSJ) on the 22nd, the U.S. government is preparing sanctions that threaten to expel some Chinese banks from the global financial system. Before he visits China, these measures are intended to provide Antony Blinken, U.S. Secretary of State, with diplomatic leverage …

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BlackRock, Wall Street firms reportedly steered billions to blacklisted Chinese companies

A congressional investigation found that Wall Street used billions of dollars of American retirement savings and other investments to buy shares in index funds that included several blacklisted Chinese companies, the Wall Street Journal reported Thursday. The probe, conducted by a bipartisan House committee empowered to devise strategies for the …

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FBI warns of Chinese hackers poised to attack US critical infrastructure.

Recent statements from FBI Director Christopher Wray highlight a concerning reality: Chinese government-linked hackers have breached US critical infrastructure, raising alarms about the potential for significant damage in vital sectors such as telecommunications, energy, and water. 🚨#BREAKING: The FBI says that Chinese hackers are preparing to attack US infrastructure 📌#Nashville …

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Yuan Weakens After ‘Unbalanced’ Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint

Simply put, China’s economic recovery has been unbalanced. As Bloomberg reports, manufacturing is holding up, thanks to resilient overseas demand and Beijing’s efforts to cushion the blow from US trade restrictions by developing advanced technologies at home. But Chinese consumers have been slow to recover their appetite for spending, amid …

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China defends yuan amid dollar pressure; Chinese silver hits limit up; Property downturn escalates, raising state banks’ bad loan ratios.

China Maintains Yuan Defense After Currency Nears Red Line (Bloomberg) — China stuck to a pattern of keeping yuan weakness contained as pressure from a resilient dollar and poor investor sentiment pushes it toward a policy red line. The People’s Bank of China kept its daily reference rate for the …

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China’s ambassador to the UK tells its students in Britain to serve ‘the motherland’ and uphold teachings of the Chinese Communist Part

China’s ambassador to the UK told students at British universities to serve ‘the motherland’ and uphold the teachings of the Chinese Communist Party, it has emerged. Zheng Zeguang was hosted by the Universities of York, Birmingham and Leeds last summer, and told Chinese students to ‘keep in mind’ the words …

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Chinese nationals illegally here in the United States have organized a MASSIVE nationwide gift card scam Americans

BEWARE!🚨🚨🚨Chinese nationals illegally here in the United States have organized a MASSIVE nationwide gift card scam Americans! Avoid gift cards! Here’s a TON of news articles all over the Country about it happening! New Hampshirehttps://t.co/mmYwp157AT California… pic.twitter.com/9WcCa5qsy6 — Heather Mullins (@TalkMullins) March 30, 2024

Chinese banks face rising property bad loans: Bank of Communications’ ratio surged to 4.99%, Industrial & Commercial Bank saw a 9.6% increase.

“#China: Bank of Communications reported that its property bad loan ratio jumped to 4.99% at the end of last year from 2.8% a year earlier. Industrial & Commercial Bank of China saw its bad loans from residential mortgages rise 9.6% to 27.8 billion yuan. We know that the property sector …

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Taiwan admits U.S. troops are now stationed on Chinese border. 32 Chinese warplanes enter Taiwan airspace.

Taiwan defense minister Chiu Kuo-cheng appeared to admit US Special Forces are training the Taiwanese military for a potential conflict   If correct, US troops would be stationed on coastal islands far closer to mainland China than to Taiwan in an escalation of America’s presence in the region   Chinese President Xi …

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