Goldman Sachs has lowered its forecasts for China’s GDP growth for the remainder of 2021 and into 2022, describing the impact of energy constraints sweeping the country as “yet another growth shock.” Goldman now expects China’s GDP to grow …
A general in China’s People’s Liberation Army (PLA) has challenged the US to “meet in the sky” to see whose air force is superior. That was in response to something the US Air Force secretary said about the next generation …
HSBC Bank claims that their exposure to Evergrande is extremely limited. HSBC, StanChart may face secondary shock waves from Evergrande crisis -analysts https://www.reuters.com/business/hsbc-stanchart-may-face-secondary-shockwaves-evergrande-crisis-analysts-2021-09-24/
China’s Belt and Road Initiative project represents a massive injection of funds to the most struggling nations, while raising concerns about the way the country finances and manages its projects. According to a report by AidData, a research center at …
(Bloomberg) — China’s central government officials ordered the country’s top state-owned energy companies — from coal to electricity and oil — to secure supplies for this winter at all costs, according to people familiar with the matter. The order came …
Chinese woman, 26, dies of H5N6 bird flu amid rise in isolated cases https://t.co/3RlcmsH01Q — BNO News (@BNOFeed) September 30, 2021 A 26-year-old woman in southern China has died of H5N6 bird flu amid a rise in isolated cases, health …
China has further curtailed press freedoms in Hong Kong after staff at the territory’s embattled public broadcaster were forced to support national security laws and the interests of the Chinese government. Radio Television Hong Kong (RTHK), founded in 1928, is …
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Asian gold demand is picking up, EVs as the biggest driver of silver’s gains, and amateur divers …
In what should serve as a wakeup call for the Biden administration about the climate of trade between the U.S. and China (but won’t), China is reportedly blocking its domestic airlines from doing business with Boeing. U.S. Commerce Secretary Gina …
By Michael Lebowitz China is taking multiple actions to boost productivity and sustainably strengthen its economy. If successful, China’s efforts come at the expense of the U.S. and other western nations that are not as willing to stress the benefits …
LinkedIn on Tuesday censored a U.S. reporter’s account in China. Axios reporter Beth Allen-Ebrahimian, who covers China, tweeted: “I woke up this morning to discover that LinkedIn had blocked my profile in China. I used to have to wait for Chinese govt …
Widespread panic is sweeping across China due to a sudden power crisis that is leaving millions of homes in the dark and forcing several industries to completely halt production as strict rationing mandates have started to be put in place. …
by Chris Black They are begging for a US style bailout. Apparently speculators and cheats who gamble and lose are entitled to government insured profits. Instead, the Chinese government is buying the cheap assets and nationalizing them. LOL https://t.co/AaOw1jkyGL — …
Watch Gravitas with Palki Sharma Upadhyay: Evergrande misses payment: Is china covering up a financial crisis? China’s energy crunch Soldiers to deliver fuel in the UK? Merkel’s party suffers narrow defeat Myanmar will not address UN General assembly h/t Justme …
*In China, the impact of real estate-related activities amounted to 29% of GDP in ‘16 Note that none of the 10 other major countries come close to this except Spain on eve of the financial crisis (28.7% in 2006) ~ …
by Daniel Lacalle The bankruptcy of the Chinese real estate company Evergrande is much more than a “Chinese Lehman.” Lehman Brothers was much more diversified than Evergrande and better capitalized. In fact, the total assets of Evergrande that are on the brink of bankruptcy outnumber …
With Evergrande’s looming collapse and China’s ban on all crypto transactions, Jared Dillian, editor of The Daily Dirtnap, sees that the next crisis will be coming from China—here, he shares his thoughts on if it’s time to go short and …
by Milkdud2000 Not Financial Advise – Just a deeper look at Hong Kong and China Evergrande… Hang Seng – HSI I was looking at Hong Kong just now and noticed it really started to tank in February of 2021. The …
by Jason Burack of Wall St For Main St Evergrande is just a microcosm of China’s real estate bubble and shadow banking problems. Chinese shadow banking refers to underground financial activity that takes place outside of traditional banking regulations and systems. China has …
Photo by Hyunwon Jang From Birch Gold Group “Evergrande, a real-estate colossus in China, is collapsing. Don’t expect the collapse to be contained to China. The global macro implications are huge.” – Mike Shedlock The U.S. economy is staring down the barrel of a …
Very interesting chart that shows that Chinese real estate is likely the largest asset class in the world. It also arguably goes some way to illustrating how impactful price falls could be on the global economy. pic.twitter.com/E4lerfo1Sj — Tarric Brooker …
https://twitter.com/GeorgeGammon/status/1441459835589980164
#China #property developer #Evergrande’s EV unit alerts Hong Kong exchange of its “serious shortage of funds”. Says it has suspended paying some of its operating expenses, some suppliers have suspended supplying for projects. pic.twitter.com/2eMct9aa2k — Eunice Yoon (@onlyyoontv) September 24, …
by Chris Black As I told you in previous articles, the cryptocurrency thing was created by governments in order to get people accustomed with digital money. The elites want to phase out cash, implement central bank digital currencies, and put …
by Chris Black I’m just kidding a little bit, but I can’t believe China is actually making scientific advances while White countries are too busy studying how to turn children into trannies. If true holy crap.https://t.co/7QMxTvtHEv — Lei Gong (@gonglei89) …
