Let's hope that all economic indicators will be weaker than expectation. Let's also wish the Fed ECB will stop cutting interest rates. Also wish the Bank of Japan to start raising interest rate to prevent devaluation of the Yen.
Chinese yuan is pegged to dollar. They cannot increase their money supply more than dollar. So china can never really give any big stimulus. So china is going to grind to zero growth very soon. given china is investing $9tn with 4tn in manufacturing, 2.5tn in infra and 2.5 in property. This is real waste of resources. So if property collapse, then china must increase the money supply by 30% given land sales and taxes on property account for 25% of GDP. Also china can let real estate go up again. if it does then property will take all the new credit with very little available for other investment. All this because china's peg to dollar which restricts the increasing in money supply to not more than what US does
Chinese property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the 2019 pre-pandemic level. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol Where does the growth come from?
Love China 🇨🇳 from India 🇮🇳
when ArabicReja stop commenting about China is when I know China is in real trouble. Until then, see you in the next comment section.
Doubling down on China 🎉
Thank you Boss ❤🎉
Let us wish the world economy prosperous for all and not for some !
Let's hope that all economic indicators will be weaker than expectation. Let's also wish the Fed ECB will stop cutting interest rates. Also wish the Bank of Japan to start raising interest rate to prevent devaluation of the Yen.
in 10 Racing why so Less done Tiece or Quartet .
Now im felling so sad so Less Tiece ,Quartet. im not working in Tulf club. im just normal person ,but im love horse racing .❤
in Hong kong many time im show done by number seletion tip.
Chinese yuan is pegged to dollar. They cannot increase their money supply more than dollar. So china can never really give any big stimulus. So china is going to grind to zero growth very soon. given china is investing $9tn with 4tn in manufacturing, 2.5tn in infra and 2.5 in property. This is real waste of resources. So if property collapse, then china must increase the money supply by 30% given land sales and taxes on property account for 25% of GDP. Also china can let real estate go up again. if it does then property will take all the new credit with very little available for other investment. All this because china's peg to dollar which restricts the increasing in money supply to not more than what US does
China 🇨🇳 has no way to escape from becoming a second North Korea.
Yep, yuan is like a parasite. LOL
im not clever person im open the key, secret 2001 antill now 2024
Chinese property sector, which accounts for 30% of GDP, is crashing.
- Exports and imports, accounting for 37% GDP, are down.
- Foreign investment (FDI) is falling over 90%, lowest in 3 decades.
- Foreign visitors are down 96% compared to the 2019 pre-pandemic level.
- Consumer prices are experiencing deflation.
- Youth unemployment hits over 21%, a record.
- Its fast-shrinking workforce is 10 years older than neighboring countries.
*Still, China keeps reporting outrageous GDP numbers.* Lol
Where does the growth come from?
This bot never giveup 😭
@@boiscooka232You are a real Chinese bot!
This is exactly why I invested in china. Buy when others are fearful. Sell when others are greedy