Posted by ahbah > 37 minutes ago | Report Abuse

India no talk about brics currency n usd. India onli want to talk about their India Rupee ? Rupee got chance to become the king currency of the world like usd ?

According to the World Economic Forum (WEF) Chief Economic Costs Outlook for May 2023, an overwhelming majority of global economists believe that India will be among the biggest beneficiaries from changes in global supply chains. Nearly three quarters (73%) of economists surveyed believed that south Asia – especially India – would benefit from recent turbulence in the global economy.

Rupee will play a bigger role in the world trading than ever before.

Posted by i3lurker > 1 hour ago | Report Abuse

it was China who forced 800 million into poverty in the first place...

You are right CCP killed millions of its citizens through Great Movement and Civilization Movement due to its internal political purpose as instructed by Mao and his supporters. Moa and supporters were great evil.

Public Transportation Paralysis, Millions Struggle to Commute, Funds for Wages Have Dried Up

https://youtu.be/gwL1qzUVFtA

Posted by foongsh > 3 hours ago | Report Abuse

If any of the CCP leader got girlfriend would be ISA, all learders would be locked up and disappeared already. Corruption, sex and power abused are the nature of CCP.

The nature of CCP got nothing to do with Americans.

China industrial profits fall in H1

BEIJING (Reuters) - China's industrial profits extended this year's double-digit pace of declines into a sixth month as waning demand took a toll on companies' profit margins, bolstering the case for additional policy support measures.

The year-to-date 16.8% fall followed an 18.8% profit decline in January-May, and reinforced a frail economic recovery that brought weaker-than-expected 6.3% growth in the second quarter.

In June alone, industrial earnings shrank by 8.3%, according to data from the National Bureau of Statistics (NBS) on Thursday. Profits were down 12.6% in May.

The struggles confronting Chinese manufacturers were typified by Maanshan Iron and Steel, a major steelmaker, which forecast in mid-July that it would swing to a net loss of 2.24 billion yuan ($314.1 million) for the first half-year from a net profit of 1.43 billion yuan a year earlier.

China's top leaders on Monday pledged to step up policy support for the economy and acknowledged a "tortuous" post-COVID recovery, but analysts saw few signs that aggressive stimulus was likely while concerns are mounting over debt risks.

Industrial profit numbers cover firms with annual revenues of at least 20 million yuan ($2.79 million) from their main operations.

From bad to worse.

Posted by foongsh > 1 hour ago | Report Abuse

The logics of communist if someone no good just send him to ISA and disappear. Lol

If qqq migrated to China still does not master his anchient language and lost his own identity, CCP will ISA him as a spy and make him disappear.

（北京27日讯）恒大汽车两年来首次发布财报，2021年和2022年合计亏损843亿元人民币（约537亿令吉），该公司还对自身的持续经营能力发出警告。

根据周三发布的公司公告，恒大汽车2022年净亏损277亿元（约177亿令吉），前一年亏损566亿元（约360亿令吉）。

该公司表示，仍在与银行和其他金融机构、第三方及关联人士谈判，以续期将于今年12月31日后12个月内到期的现有借款及公司债券，并筹集短期及/或长期资金以履行财务责任。

恒大汽车表示，“管理层是否能够实现上述计划和措施存在重大不确定性”。

这家电动汽车制造商的最初目标是挑战特斯拉，恒大汽车市值鼎盛时曾经超过福特汽车，后来因为母公司恒大集团深陷债务危机，恒大汽车的股价也一泻千里。

去年4月，该股在没有给出特别原因的情况下宣布停牌。

如果恒大汽车不能在18个月内重新发布财务业绩，该公司面临退市风险。

在周三的业绩报告中，审计公司表示，存在可能对集团持续经营的能力产生重大疑虑的重大不确性，尚未获得足够适当的审核凭证来证明恒大汽车有能力履行到期的财务责任。

恒大汽车2022年总负债为1840亿元左右（约1172亿令吉）。

Whatever the final explanation, Qin’s removal suggests that senior officials lack job security under Xi. “Today, Xi is the only patron who can protect you. If you lose his favor, you are gone,” said Minxin Pei, an expert on Chinese politics at Claremont McKenna College.

Qin’s departure is a shocking fall for a rising star of China’s increasingly assertive diplomacy.

He was seen as a loyalist who had been rapidly promoted under Xi, who broke with established norms when he claimed a third term as China’s top leader last year.

Qin rose quickly to prominence as Foreign Ministry spokesman, then chief protocol officer, arranging many of Xi’s international trips, before becoming vice minister.In July 2021, he was elevated to Chinese ambassador to the United States, but spent barely 18 months in the role before being promoted in December to foreign minister. At 57, he is one of the youngest officials to hold that position.

What a political mess rocket up and down and just disappeared out of sudden. Worse than ISA 3rd world country only happened in communist and dictatorship country. If someone kena ISA at least he would be expected in Kemunting camp.

Tuesday’s sparse announcement did little to quell rampant speculation among overseas Chinese political commentators about what led to Qin’s disappearance or who might eventually take over from Wang, who is 69, as foreign minister.

Some cited Qin’s apparent retention of his more important roles as evidence of a benign explanation such as a health scare. Others noted that the record of his past activities was rapidly scrubbed from the Chinese Foreign Ministry website, suggesting he is in serious trouble politically.
A popular but hard-to-verify theory is that Qin had an extramarital affair and is being investigated for violating Chinese Communist Party rules requiring “social morality and family virtues” from officials.

“My guess is we will never know the full story. There could be corruption involved. But the most credible public explanation is the anchor baby,” said Bonnie Glaser, director of the German Marshall Fund’s Asia Program, referring to the alleged affair and speculation that he had a child out of wedlock born in the United States.

If true, that would be “a slap in the face to Xi Jinping, because it implies that Qin Gang doesn’t have confidence in China’s future,” Glaser said.

Probes by China’s powerful anti-graft agency, the Central Commission for Discipline Inspection, are often conducted in secret for extended periods before final punishments are announced.

Chinese Foreign Minister Qin Gang removed from post after only 7 months

Chinese Foreign Minister Qin Gang was officially removed from his position Tuesday after a month-long disappearance, appearing to bring an abrupt end to his meteoric rise within the ranks of China’s opaque political system.

“The lengthy silence has been hugely damaging for Chinese diplomacy,” said Neil Thomas, a fellow for Chinese politics at the Asia Society Policy Institute in Washington. “The party’s addiction to secrecy in its internal operations is now having a debilitating effect on the country’s ability to work with the outside world.”
Qin’s dismissal was announced by Chinese state media Tuesday after a hastily convened and unusually short meeting of the National People’s Congress Standing Committee, a top decision-making body of China’s rubber-stamp parliament. The committee gave no reason for Qin’s removal, and Wang was returned to foreign minister in his place.
The initial announcement “raises more questions than answers” about Qin’s removal, said Yu Jie, senior research fellow at Chatham House, a British think tank.

It did not give a reason for the change or say whether Qin kept his position as state councilor and on the Chinese Communist Party’s Central Committee, both more senior roles in the official hierarchy.

Posted by foongsh > 16 hours ago | Report Abuse

qqq could not master his own ancient language, CCP will condemn him as a spy. He could not survive in China.

He could not master Chinese language, if migrated there, he would be another X-file due to keep on communicating in 26 alphabets and treated as a spy. Lol.

Posted by foongsh > 16 hours ago | Report Abuse

战狼王毅重获委任 取代秦刚再任外长
2023年 07月 25日
中国外交部长换人当，王毅再次掌管外交部，取代不见踪影超过一个月的秦刚。

CCP members always talk anti US but love US dollars and many girl friends. Xi used the wrong person, it proved that he was a bad leader and assigned the wrong person. Where is Gang ? Worse than ISA 3rd world country.

This is typical culture of CCP keep on talking bad about westerns but love US dollars and many girl friends. End up just disappear in the world become X-file. Very bad system worse than ISA in 3rd world country.

Posted by foongsh > 16 hours ago | Report Abuse

South Africa says Putin will skip a Johannesburg summit next month because of his ICC arrest warrant

Evil Putin could only travel to visit his evil brothers somewhere around Russia, he is behaving like a mouse in the rest of his life. The consequence of a killer.

There is always a price to pay as an evil killer.

Indian stocks surge as strong earnings offset pre-Fed gloom

Investing.com-- Indian stocks rose on Wednesday following strong earnings and increased dealmaking activity in the country’s biggest companies, largely outperforming their Asian peers ahead of a Federal Reserve interest rate decision.

The Nifty 50 index rose 0.7% to 19,810.45 points, while the BSE Sensex 30 rose 0.7% to $66,841.01 points by 00:56 ET (04:56 GMT), with both indexes moving back towards record highs hit earlier in the month.

Very strong earnings to push up the index. Not like other stock markets only one day show. Lol.

India Stock Market Outlook July 2023

The month of June presented a blockbuster rally in the Indian stock market that led both the NIFTY 50 and BSE Sensex to climb to their all-time highs, not once but thrice. The NIFTY 50 traded near the 19,300 mark and Sensex surpassed 65,000 as the month ended on the back of strong inflows from foreign institutional investors (FIIs), robust corporate balance sheets, moderating inflation and growth picking up coupled with expectations of a normal monsoon season, all of which bolstered the sentiment of market participants.

Kawan all-time high and not today 800 points up only. Lol.

中国烂尾楼苦主砸百万一场空 不再信政府话术
Sinchew Tue, Jul 25, 2023 04:52pm - 49 minutes
（上海25日讯）即使中国最高决策机构中央政治局会商优化房市，但当前中国仍一堆难收尾的烂尾楼，英国广播公司（BBC）报导，烂尾楼的苦主说，他们不再相信政府的话术，因投入百万人民币却落得一场空。

据BBC制播约莫4分钟的影音，披露过去一年中国多个省市爆发烂尾楼危机的惨况，以致屋主纷纷抵制不缴房贷，如今这个棘手难题持续蔓延发酵。

报导说，许多建案至今仍复工难，交屋更遥遥无期，像是浙江的王先生，2021年以69万（人民币，下同）承购一幢公寓，同年底就停工了，并于今年初与其他屋主，共同停缴每月5000元的房贷。

王先生说，建商起初找各种理由推拖拉，之后发觉来讨公道的人越来越多才说实话，的确是因为没钱只能喊停，很无力也没办法，一开始的确很生气觉得被骗，如今气也没用只能释然。

他表示：“以后再也不会买这种期房（预售屋），而且不会相信政府等等的一些话术。”

现年49岁的崔海盛来自河南，2019年砸积蓄的大部分约莫120万买房给儿子讨媳妇成家，原先建商承诺2年完工交屋，但工期一延再延，如今建商索性全面停摆，以致儿子还得在外租房同时还得缴房贷，蜡烛两头烧。

崔海盛也曾依照当局规定与流程上访（投诉），说好的数日后回信也是音讯全无，“我们投资了100多万在这个地方，看不到一点回报”。

另据高盛6月发表的报告指出，由于中国政府盼减少经济及财政对房市的依赖，中国房市未来数年将持续疲弱，并呈L型走势等待复苏，拖累中国经济成长。

这篇报告指出，中国政府已表示，不再藉由房地产市场作为短期刺激经济的工具，并打算支持策略性重点工业，高盛更直指，中国不会有快速恢复房市的方法。（中央社）

Posted by ThunderZX > 3 hours ago | Report Abuse

IF china are so good, why are they migrating ? ??

If China so good qqq would have migrated to China, if so, he could not assess this web page and talk nonsense already.

Tesla to discuss factory plan for new $24,000 car with India commerce minister -sourceReuters / Updated: Jul 25, 2023, 10:05 IST

Model will domonate the market those car manufacturers with government subsidies could not compete with this model.

Tesla Revenue Doubles Outside US and China
Tesla’s revenue from international markets outside of the United States and China more than doubled in the second quarter.

Although the U.S. remains Tesla’s biggest source of sales, revenue in the country has plateaued in the past couple of quarters, Bloomberg reported Monday, citing a regulatory filing by the maker of electric cars. But it is now selling more vehicles than ever in markets outside the U.S. and China.

The company’s revenue from international markets leaped from $3.53 billion in the second quarter of 2022 to $7.86 billion in the second quarter of this year, according to Tesla’s Form 10-Q filed with the Securities and Exchange Commission (SEC).

Posted by foongsh > 16 minutes ago | Report Abuse

不是新加坡! 中国富豪移民首选澳洲

Foreign Minister disappeared for a month without any update even worse than ISA 3rd world country. Only happen in dictator country. Could he migrate to US with his beloved girl friends and US dollars ?

不是新加坡! 中国富豪移民首选澳洲

2023年07月21日

（华盛顿21日讯）中国放宽防疫措施后，有外媒报道，2022年约有1万800名中国富豪移民，而澳洲是今年上半年中国购房者的首选海外地点第1名，而不是中国富豪过往最爱的新加坡。

根据美国财经媒体报道，投资移民谘询公司Henley&Partners在报告中指出，未来几年中国富豪持续外流，将推动中国人对海外房地产的投资。预估在2023年至2025年，约有71.2万中国人移民到美国、加拿大和澳洲。

报道引用IQI房地产公司的最新排名，其中澳洲是今年上半年中国购房者的首选海外地点第1名，其次是加拿大、英国，美国第4名、新加坡排第10名。

报道提到，中国买家重返澳洲房地产市场，预计今年中国对澳洲房地产的投资，将比2022年成长至少30%。外国投资审查委员会的数据显示，去年第4季，中国是澳洲住宅房地产最大的海外投资国，投资额高达6亿澳元（约18亿5000令吉）。

Local residents are running now to western countries not Russia, North Korea or Iran etc. They prefer buy properties overseas.

At least Malaysia do not have much negative assets due to real estate bubble burst. Youth and college garduates unemployemnt rate higher than 20+. Debts of Local governments higher than 300% revenue. Still able to withdraw our hard earned money from banks and EPF as and when required.

Don't talk about 3000 years history, nowaday what is happening he also blur blur.

Is Cathie Wood Giving Up on Chinese Stocks?
Cathie Wood just made a bold move

2d ago · By Josh Enomoto, InvestorPlace Contributor
Cathie Wood of Ark Invest fame just revealed a bold move regarding Chinese stocks.
The notable investor’s Ark Innovation ETF (ARKK) just exited stocks generating revenue from China.
Wood is particularly worried about China’s real estate market.

One of the most respected voices on Wall Street, Cathie Wood of Ark Invest fame recently stated that her flagship Ark Innovation ETF (NYSEARCA:ARKK) reduced its exposure to Chinese stocks to zero. Fundamentally, while recognizing positives in the world’s second-largest economy, worries remain about some of its vulnerabilities — particularly China’s real estate market.

Smart investors know what to do but not for qqq etc .... Lol

China developer Country Garden shares extend losses on debt worries; others fall

SHANGHAI/SINGAPORE (Reuters) -Shares and bonds in Chinese property developer Country Garden and its property service arm Country Garden Services Holdings tumbled on Monday, extending losses from the previous week on debt concerns.

More liquidity troubles surfaced in China's property sector last week, sending down shares and bonds of the country's biggest developers.

Country Garden Services Holdings shares slumped more than 10% on Monday, while Country Garden fell more than 5%, with both down to their lowest level since last November.

Two onshore-traded bonds of Country Garden, plunged roughly 20% each, and some of its offshore-listed bonds also declined.

The property firm's move last week to refinance part of a 2019 loan facility failed to assure investors of its ability to repay debt due in coming months.

qqq never support just lip service.

Wanda to Raise $314 Million From Asset Sale as Bond Matures
Chinese conglomerate agrees to sell 49% of entertainment unit
Firm has a $400 million bond that’s effectively due Monday
July 23, 2023 at 6:46 PM EDT
Updated on July 23, 2023 at 11:20 PM EDT
Dalian Wanda Group Co. is selling a stake in one of its entertainment units for 2.26 billion yuan ($314 million), raising odds the Chinese conglomerate will avert default on a maturing dollar bond.

Japan beat. Lol.

Japanese stocks surge on strong earnings, BOJ meeting looms
Japan’s Nikkei 225 and the TOPIX were the best performers in Asia on Monday, rising 1.5% and 0.8%, respectively.

Both indexes were boosted by major automobile stocks following strong earnings from Mitsubishi Motors Corp. (TYO:7211), which clocked a 24% jump in its June quarter profit. The stock rose 5.6% and was the best performer on the Nikkei.

Peers Mazda Motor Corp (TYO:7261), Toyota Motor Corp (TYO:7203) and Nissan Motor Co (TYO:7201) rose between 1% to 5%, and are set to report their June quarter earnings in the coming weeks.

Broader Japanese shares were also aided by anticipation of a BOJ meeting this Friday, with the central bank widely expected to maintain its ultra-dovish stance for the time being.

Other Asian markets advanced on Monday. South Korea’s KOSPI rose 0.8%, while strength in bank stocks helped Australia’s ASX 200 rise 0.2%.

On the other hand, futures for India’s Nifty 50 pointed to a weak open, after the Nifty and the BSESN fell sharply from record highs on Friday. Both indexes are expected to see more profit taking in the coming days.

Chinese stocks lag as property sector tumbles, stimulus in focus
Chinese stocks lagged their peers for the day, coming under pressure from steep losses in the property sector amid renewed concerns over a debt crunch in the sector.

Hong Kong’s Hang Seng slid 1.2%, with real estate firm Country Garden Holdings Company Ltd (HK:2007) among the worst performers on the index as investors questioned its ability to meet its debt obligations.

China’s bluechip Shanghai Shenzhen CSI 300 index fell 0.2%, while the Shanghai Composite was flat.

Still, investors were also watching for any more stimulus measures in the country, amid a worsening slowdown in economic growth.

CCP Is Toppling, Xi Is Crying! Chinese Foreign Minister Is Hiding

https://youtu.be/yjnt3VykBrI

CCP always full of sex, spy and corruption stories.

By the way Foreign Minister "Qing Gang is gone", worse than ISA 3rd world country.

Evil alliance fighting each other this is ‘changes not seen for 100 years’. No problem it depends on evil supporters support which evil. Lol

Russian Missile Strike Damages Chinese Consulate in Odesa

The missile strike by Russian forces on Odesa, that occurred on the night of July 20, resulted in damage to the building of the Consulate General of the People’s Republic of China, Oleg Nikolenko, the Foreign Ministry spokesperson, reported.

Nikolenko said that the Foreign Ministry is communicating with the Chinese embassy to assess the extent of the damage and offer any necessary assistance.



The Chinese consulate general in Odesa is situated in the city's central area and is owned by China.

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Some CCP dogs not even could master his ancient language, his parents must be shame on him.

CCP dogs could be communists, Coummunism and sociolism are failure system western rubbish.

Setback For De-Dollarization? No BRICS Currency Talks At South Africa Summit

The BRICS, an acronym referring to Brazil, Russia, India, China and South Africa, are meeting in Johannesburg in August 22-24 and it was rumored that group of nations could launch the common currency at the event.

South Africa's Ambassador at Large for Asia and BRICS Anil Sooklal said at a media briefing this week that the BRICS currency is not on the agenda at next month’s meeting, Reuters reported.

中国芯片大佬爆困境 零件买不到设备如废铁

（北京19日讯）被美国列入黑名单的长江存储，总执行长陈南翔日前在上海2023中国国际半导体展指出，全球芯片设备制造业者之前出售给长江存储的设备，一部分因为美国管制措施无法继续使用，设备业者应该买回这些设备。

有评论认为，“买零件成问题，设备无法修复”这一状况凸显中国大陆芯片产业所面临的困境。

自由亚洲电台报道，陈南翔在题为“全球化促进半导体产业良性发展”的演讲指出，全球化市场竞争、创新与技术标准、供应链、人才流动、资源配置等五个和谐要素逐一被打破，他赞同台积电创始人张忠谋所说的“全球化已死”，认为半导体行业正经历“再全球化”的新阶段，也就是过去国际合作规则迅速瓦解，各国都追求把控产业链，促使芯片（芯片）本地制造。

陈南翔认为，全球半导体产业将进入动荡且无序的一个时刻，冲击现有全球供应链，对全球产业格局和分佈、商业模式造成影响。

这是陈南翔上任后，首次公开发表重要演讲。

他说，“我想做个呼吁，去建设你们的诚信，体现于你们的公平原则。就长江存储来讲，依法合规买回来的设备连零件也拿不到。可以设一个时间下，把设备在新的条件下回购，这样才公平。”

揭示中国半导体业困境

陈南翔称，现在长江存储的问题不是买不到芯片的先进设备，而是以前设备的零件都买不到，设备几乎无法修复，彷彿变成了畸形摆设。

陈南翔上述言论引起展会现场的哗然与震撼，各界专家纷纷表示，这是目前关于芯片问题最真实的反应，揭示中国半导体产业遭美国制裁后被逼入绝境，面临严峻挑战，而中国半导体产业的依赖性和薄弱环节也引发反思。

报道指出，台湾经济研究院产经资料库总监刘佩真指出，陈南翔的发言反映出现在中国业者面临一波波美国对中国半导体管制不断升级下，现实生产上所遭遇到困境。中国可能要寻求其他突破点，另外在国产化推进上，看政府能否扮演一些角色，除了在资金方面，最重要是要有技术来源、相关设备。

刘佩真说，连中国半导体芯片大厂都无法取得生产所需设备和零件，更验证外界的看法，中国的半导体设备大量仰赖进口，国产化推进的速度和产品质量不如预期，并且冲击成熟制程、先进制程的推进。

新闻来源：《世界日报》

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Some CCP dogs not even could master his ancient language, his parents must be shame on him.

CCP dogs could be communists, Coummunism and sociolism are failure system western rubbish.

新兴亚股近一年吸金力超越中股

外资在亚洲新兴股票市场买超规模，6年来首度超过中国，可见投资者对中国经济成长的前景并不乐观。

投资者对中国经济成长不乐观
《英国金融时报》引述高盛的统计指出，过去一年来，外资在中国大外的亚洲新兴市场股市，买超逾410亿美元，超过透过香港投入中股净流入的330亿美元。而再往前12个月，外资在亚洲新兴市场卖超760亿美元，在中股买超428亿美元。

如此转变，反映中国从严厉的防疫措施解封后，经济复苏力道令人失望的现实，也凸显亚洲其他经济体受益于供应链转移及美国半导体的强劲需求。

高盛亚太区股票策略师库尔说：“综观这一地区，会更倾向布局对美国经济成长较敏感的市场。”

他认为，中国复苏迟缓，与亚洲其他地区强劲成长、美国今年有望避免经济衰退，形成强烈对比。

美银对亚洲基金经理人的调查，也反映出对中国的信心恶化。调查显示，260名受访者中，逾半数将中股部位降为低于权重。

美银调查发现，86％基金经理人预料未来一年除日本外的亚太地区股市看涨，认为中国以外的亚太股市一直被低估。中国经济成长落后，地缘政治风险上升，也激发对中国以外投资标的的需求。

法巴银行亚太区股票研究负责人雷乔杜里说，除非中国的经济增长前景有所改善，否则投资者将持续观望中股。

2大主题：买印度+买AI
至于亚洲，他认为今年有两大主题，一是“买印度”，二是“买人工智能（AI）驱动的科技”。后者已带动台湾和韩国分别涌入100亿美元和90亿美元的资金，投资者重押AI带动的半导体需求。

花旗集团亚洲交易策略全球市场负责人阿帕亥说：“在中国成长引擎尚未全面复原的情况下，目光正在转向印度。”他指出，外资今年涌入印度的资金约为140亿美元。（综合外电）

Smart money is very smart.

Mass Layoffs in China: Unemployment Surging as Companies Leave China

https://youtu.be/shGtVXl8unM

Those unfinished housing projects could sell to ET also, CCP believes that ET do not need toilets. Lol.

Chinese professor says youth jobless rate might have hit 46.5%

EIJING (Reuters) - An unusually public claim by a Chinese professor that the country's youth unemployment rate might have hit close to 50% in March has revived a debate about official statistics and focused attention on a weak labour market.

The National Bureau of Statistics said that month's jobless rate for people between the ages of 16 and 24 was 19.7%, less than half of what Peking University professor Zhang Dandan estimated.

If 16 million non-students "lying flat" at home or relying on their parents were included, the rate could have been as high as 46.5%, Zhang wrote in an online article in Caixin, a respected financial magazine.

Zhang is associate professor of Economics at the university's National School of Development. Her article, originally published on Monday, has since been removed.

The official youth jobless rate, which only includes people actively seeking work, rose to a record 21.3% in June after the world's second-biggest economy lost steam in the second quarter. Policymakers have struggled to put the economy on a more stable footing since the COVID-19 pandemic.

All data released by CCP are fake those data only served for political agenda. Lol.

China Is Out of Money, and the CCP Is Massively Arresting Debtors

https://youtu.be/5xOjki6UBW8

Nowaday the smart money flew to Japan, India and Mexico, those countries with strong and solid alliance.

CCP could announce anything they like but smart money won't follow this is the point.

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Some CCP dogs not even could master his ancient language, his parents must be shame on him.

CCP dogs could be communists, Coummunism and sociolism are failure system western rubbish.

China Is Out of Money, and the CCP Is Massively Arresting Debtors

https://youtu.be/5xOjki6UBW8

Nowaday the smart money flew to Japan, India and Mexico, those countries with strong and solid alliance.

CCP could announce anything they like but smart money won't follow this is the point.

When typical chinese has nothing to back-up their view, this is what normally they would do to manupulate us thru their own understanding of moral or racial card hijacking our emotion feeling of guilty.

You are right most of the CCP supporters trying to play race cards it manupulates all Chinese MUST support CCP. CCP does not represent 100% China. Communism and Socialism are not original from ancient China. Those are rubbish from Europe culture.

Some CCP dogs not even could master his ancient language, his parents must be shame on him.

CCP dogs could be communists, Coummunism and sociolism are failure system western rubbish.

Posted by foongsh > 2 hours ago | Report Abuse

Sensex closes above 67,000, Nifty gains as dream rally continues

The NSE Nifty 50 closed 0.42 percent higher at 19,833.15, while the S&P BSE Sensex rose 0.45 percent to 67,097.44.

No need to advertise and hard selling such as qqq wayang kulit, smart money told you everything about the direction of a country.

Smart money will definitely go against CCP direction, qqq a silly i.diot and traitor of Malaysia and anti Chinese keeping on telling negative asset and bad debts are good.

Posted by foongsh > 20 minutes ago | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

Posted by DickyMe > 7 minutes ago | Report Abuse

If you like China so much, go back there.
Don't make noise while staying in Malaysia.

Malaysia is a better place to stay at least we don't have negative assets.

You are right, indeed, at least newly delivered housing projects in Malaysia complete with toilets, water supply and sanitary system. No need to stay in abandoned houses or units.

And also, Malaysia depositors able to withdraw the hard earned money from bank as and when.

Evergrande posts losses of $81 billion over two years as it reports long-delayed results

Hong Kong
CNN
—
Evergrande Group, the world’s most indebted property developer, has posted long-delayed financial results as a key part of its debt restructuring, which is shaping up to be one of the largest in Chinese corporate history.

The company reported losses attributable to shareholders of 476 billion yuan ($66 billion) and 106 billion yuan ($15 billion) for 2021 and 2022, respectively, according to a Monday stock exchange filing. Combined net losses for the two years amounted to 582 billion yuan ($81 billion).

What a big achievement world record losses in a single company.