Chinese on US Real Estate Spending Spree

by Martin Armstrong The Chinese are keen on investing in tangible assets, namely real estate. Canada implemented restrictions on foreign buyers after accusing them of the real estate shortage and sky-high prices. Chinese buyers are now targeting the American housing market. In …

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Chinese banking scandal: financial official placed under investigation (color your money gone, Chinese depositors)

by Boo_Randy Placing financial officials under investigation isn’t going to help the baggies get their money back. Remember, muppets: in a time of universal fraud, if you don’t hold it, you don’t own it. https://www.scmp.com/news/china/politics/article/3186413/chinese-banking-scandal-first-financial-official-placed-under An official once responsible for …

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More chinese real estate developers are close to default on their debt. The contagion is sparking fears

by TheRealJugger more chinese RE developers are close to default on their debt the contagion is sparking fears pic.twitter.com/6yF3Dy0PKe — Alessio (@AlessioTMAD) July 21, 2022 China’s property bonds’ “graveyard”: pic.twitter.com/9kIQH9TgE9 — Natalia Gurushina (@NGurushina) July 20, 2022 China’s banks report …

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The Chinese Dream is Over!

Synopsis: Chinese citizens are f*cked. The CCP is corrupt beyond imagination destroying any real livelihood for the ordinary slaves. Chaos is erupting, housing is crashing, money is being stolen out of the banks. Enter the Chinese nightmare.

Chinese real estate crisis is coming…

https://www.cnn.com/2022/07/04/economy/chinese-developer-shimao-default-intl-hnk/index.html Another Chinese real estate investment missed payment. So just how bad is this. I mean, evergrande seem to have fall out of news for no reason. People have been predicting Chinese real estate collapse for over a decade. Now …

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The rebound is on! Chinese stocks set for best week in over a year

Source: https://www.asiamarkets.com/the-rebound-is-on-chinese-stocks-set-for-best-week-in-over-a-year/ Chinese stocks are set to record their best week of performance in more than a year after yet another signal that the Chinese Government’s regulatory reins are being loosened. On Wednesday, China’s National Press and Publication Administration announced the …

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S&P downgrades Chinese state-backed developer Greenland

by Boo_Randy Meanwhile, in China, more dominoes are getting ready to topple over. https://www.macaubusiness.com/sp-downgrades-chinese-state-backed-developer-greenland/ Ratings agency Standard & Poor’s on Monday downgraded Chinese state-backed property developer Greenland over fears the company would default on a bond payment. Since a government …

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Several Chinese local banks freeze deposits, triggering protests

by Boo_Randy If you don’t hold it, you don’t own it: China edition. $1.5bn from 1m customers locked after lenders operated outside their region https://asia.nikkei.com/Business/Finance/Several-Chinese-local-banks-freeze-deposits-triggering-protests SHANGHAI — Protests have broken out in China after several regional banks prevented customers from making withdrawals in …

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