China May Suffer A Major Collapse - Finance Is In A Slump, And Major Rivers Are Drying Up. This Could Be Structural Collapse

This is the reason why Beijing's efforts to expand credit is destined to fail. In previous stimulating periods, the property sector accounted for over 60% of total loan generation. With the property market in retreat right now, banks simply have nowhere to lend. pic.twitter.com/Ujd9eKVRmA
— Shanghai Macro Strategist (@ShanghaiMacro) August 23, 2022

#recession … #GFC2 China $USD #Liquidity #Squeeze edition#fx #forex $CNY $USDCNY https://t.co/XJ4V17z8cl pic.twitter.com/5MM0Mxu7PD
— Invariant Perspective (@InvariantPersp1) August 24, 2022

🇨🇳 BlackRock, UBS Among Funds Cutting China Property Exposure
🔹 HSBC, PIMCO, Fidelity also reduced holdings in the first half
🔹 Developer bonds saw 59% decline in investments: Morningstarhttps://t.co/DY9zPOfRIt
— PiQ (@PiQMarkets) August 24, 2022

New unemployment registrations in China YoY pic.twitter.com/bqKeqfsEZk
— ASY (@doumenzi) August 25, 2022

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Southwestern China is facing an unprecedented drought amid a monthslong heat wave that is causing the Yangtze River to dry up. The Yangtze River normally supports about a third of the country’s population through hydropower and crop irrigation.

As the tinder-dry countryside throughout China’s Yangtze river basin withers under a heatwave that has lasted more than two months, the autumn harvest is in jeopardy with farmers unable to keep their crops alive.