China Banks Rush to Offer Home Loans to State Firms
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- เผยแพร่เมื่อ 21 พ.ค. 2024
- Bloomberg has learned that China’s mega banks are urging branch managers to lend to state-owned companies that buy unsold homes. This indicates the government's urgency to implement a real estate rescue package that was unveiled last week. Stephen Engle reports on Bloomberg Television.
You can find out more on this story here: www.bloomberg.com/news/articl...
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This will make sure they have a bigger banking collapse.
40 US banks reporting security losses 50%
greater than their equity capital because of the
rise in interest rates since the end of last year,
leading to another banking crisis.
30 days count down to collapse. .
Wait, did that dude say the value of new homes not sold are worth pennies on the dollar?
Sure seems like that would devalue the secondary market. And, all housing assets.
In china they use yuan not dollar
@@jacksmith-mu3ee Really dude? It's a well known expression in the general lexicon and more specifically the financial world.
Whew, always amusing when people try to seem smart, but display their ignorance out in the open.
What would those already bloated, debt ridden SOEs do with all the empty apartments?
It not their own money, why should individual care about state's money?
@@souravjaiswal-jr4bj where does the state get its money?😂
@@NiteshKumar-ue1yp From people ofcourse. That's irrelevant on how govt officials will spend other people's money.
😂India best achievements so far
India's Hunger index
2013: 63rd rank
2022: 107th rank
India's Happiness index.
2013: 111th rank
2022: 136th rank
India's press freedom rank
2013:79th
2022: 150the the fourth pillar of worlds largest
democracy is no more
India's unemployment rate
2013:4.9%
2023:7.5%
Unemployment rate never increase in growing
economy.. india is growing only on paper and by
loan
India's Debt
before 2014: ₹55 lakh crore
2023: ₹155 lakh crore
India's GDP from 2004 to 2014:
$709 billion to 2.04 trilion (almost triple)
India's GDP from 2014to 2024:
$2.04 trillion to 3.6 trilion (expected)...not even
double
@@jacksmith-mu3ee a Chinese wouldn't defend SOEs since they get rich at the cost of normal Chinese.
You are just a low life Wumao.
Ripe for corruption
Great depression 2.0 let's go.
Mendengar berita ini Gordon Chang dan Peter Zehan bertereak histris kesenangan , mereka berdua lari kejalanan sambil bertereak Histris China Colaps !! China Colaps !! dan wartawan Blumberege langsung berpesta Coctail ikut merayakannya. Selamat atas rasa gembira anda semua 😂😂😂😂😂
China's 🇨🇳 rescue package to fix its property market malaise
is like throwing a cup of water on the forest fire. LOL
😂😂 selamat bergembira untuk murid Gordon Chang dan Peter Zehan.
Bagaiman apa kamu sudah mendapat kiriman bonus bulan ini dari NED 😂😂
Lets wait for the USA to even start thinking about its debt issue then we can criticise.
it's all tofu dreg.
Real estate is fine