Ok man. It seems you’re really bought into some vision of good and evil and I don’t believe in that stuff.
oh man, ur too ignorant to understand China's action. China's youth unemployment had been climbing to be above 21%; so alarming that China no longer releases data on youth unemployment
Be careful, yours may ended up with something like “ small penis “ in English. Having a tattoo in a foreign language that you have no clues about may not turned out to your satisfaction. Lol
China Struggles to Convince Mourners of Reason for Death of Xi's Economic Architect Li’s death comes as a series of unexplained oustings in China’s leadership create a heightened sense of mystery around the party. Xi has fired two top ministers, as well as senior generals overseeing the nation’s nuclear arsenal, without explanation in recent months. Former leader Hu Jintao — who Xi also diminished after his tenure — was abruptly escorted off-stage during last year’s leadership congress, sparking intense speculation about his status even though he appeared to be frail. The Chinese government’s opaqueness in recent years has instilled a sense of distrust among people, said Yaqiu Wang, research director for China, Hong Kong and Taiwan at Freedom House.
After Li's retirement from the CCP, Xi hand picked his replacement, a younger trained economist, Vice Premier He Lifeng; he will meet w US Secretary of Treasury, Janet Yellen this week in San Francisco.
China hasn’t been this scary for investors Since 1998 Foreign investment in China goes negative for first time in decades The outflow of foreign direct investment, or FDI, is a reflection of the sharp deterioration in China's economic prospects. The world's second-largest economy continues to struggle with a sluggish COVID recovery, 'a deterioration in consumer and business confidence, and ongoing de-coupling and de-globalization trends.
Gold bars and Tokyo apartments: How money is flowing out of China Chinese are using their savings to buy overseas apartments, stocks and insurance policies Affluent PRC citizens have moved hundreds of billions of dollars out of the country this year, seizing on the end of Covid precautions that had almost completely sealed China’s borders for nearly three years. They are using their savings to buy overseas apartments, stocks and insurance policies. Able to fly again to Tokyo, London and New York, Chinese travellers have bought apartments in Japan and poured money into accounts in the United States or Europe that pay higher interest than in China, where rates are low and falling. The outbound shift of money in part indicates unease inside China about the sputtering recovery after the pandemic as well as deeper problems, like an alarming slowdown in real estate, the main storehouse of wealth for families. For some people, it is also a reaction to fears about the direction of the economy under China’s leader, Xi Jinping, who has cracked down on business and strengthened the government’s hand in many aspects of society.
Biden extending the monetary gap between us and the rest of the world. Greatest president of my lifetime.
idk I was in Vegas last weekend. Place was full of Asians blowing thousands left and right. Not sure how many were Chinese. Some were definitely Vietnamese and Taiwanese.
if only you'd provide your sources / links meanwhile, back to the topic of this thread China Stocks See Record Low Foreign Inflows as Economy Struggles Overseas investors are set to record their smallest-ever annual purchases of Chinese stocks, discouraged by a plethora of concerns including a fragile economic recovery and geopolitical tensions. Foreign funds bought just 44 billion yuan ($6.1 billion) of onshore stocks via trading links with Hong Kong on a net basis so far in 2023. That’s even after a dramatic surge in purchases Thursday amid year-end positioning adjustments, and marks the least since Bloomberg started compiling annual data for both Shenzhen and Shanghai bourses in 2017. During better times, investors would scoop up that amount in a month.
Yep heard first hand from relatives who invested in PRC and HK stocks that they are taking a beating. Many of these Asian stocks have dropped down to penny levels.
The Chinese economy is projected to grow at 5.4 percent in 2023, China GDP growth rate which is a shade higher than the US growth rate of 5.2 percent. US GDP growth rate
just to add a little context. while the projected 5.4% growth for the Chinese economy will be one of its lowest growth rate in the last 4 decades,
This was always going to be a problem for the PRC is once it’s growth rate slows. It can’t rely upon domestic spending and consumption to maintain its massive export focused economy.
