https://twitter.com/tokyo_punter/status/1554406185914474496
China Developers Fall on worsening crisis in the real estate sector
1109 HK (China Resources Land Ltd) -2.57%
2202 HK (China Vanke Co Ltd) -2.57%
2007 HK (Country Garden Holdings Co Ltd) -6.19%— OutSmarting Markets (@itradeph) August 2, 2022
When everyone is concerned about recession in US economy. A big crisis is emerging in Chinese real estate market which accounts for 29% of the country's GDP.
Problems started with Evergrande, countries largest developer, but now many other developers are in debt trouble.#China pic.twitter.com/17Qr2FFNVM
— Vijay Shekhawat (@VijayLalasar) August 2, 2022
https://twitter.com/JusticeQueen6/status/1548357496414150659
US Navy deploys 4 warships east of Taiwan as Pelosi heads to Taipei
‘As US House of Representatives Speaker Nancy Pelosi headed to Taipei on Tuesday (Aug 2) amid intensifying warnings from China, four US warships, including an aircraft carrier, were positioned in waters east of the island on “routine” deployments.
The carrier USS Ronald Reagan had transited the South China Sea and was currently in the Philippines Sea, east of Taiwan and the Philippines and south of Japan, a US Navy official confirmed to Reuters on Tuesday.
The Japanese-based Reagan is operating with a guided missile cruiser, USS Antietam, and a destroyer, USS Higgins.’
China moves assets on the beach close to Taiwan!
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China's Liaoning aircraft carrier left Qingdao on July 31, and the Shandong left Sanya on August 01. Are they going to conduct dual carrier operations in the Taiwan Strait? pic.twitter.com/HtNdhdVGQS
— Duan Dang (@duandang) August 2, 2022
https://twitter.com/WallStreetSilv/status/1554234697877700608
If Pelosi visits Taiwan , then war is a possibility
China has issued a warning, using the phrase
"不会坐视不管"Meaning "We will not sit idly by"
The same warning was issued at the Americans in 1950 when they crossed the 38th parallel, resulting in China joining the Korean War pic.twitter.com/SP0EwZ8FCu
— Zhao DaShuai 东北进修🇨🇳 (@zhao_dashuai) July 29, 2022
https://twitter.com/NguyenK68421403/status/1554323156231303169
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