January China's forex reserves fell to 3.22 trillion dollars
China Reports - The BL 12.5K subscribers
China's foreign exchange reserves unexpectedly dropped in January, likely due to valuation effects as the dollar gained.
According to Reuters, the country's forex reserves fell to 3.22 trillion dollars last month, down from 3.25 trillion dollars in December, and was 0.06 trillion dollars less than previously expected by a Reuters poll of analysts.
Meanwhile, the dollar posted a rise of 1.03% against other key currencies, with the yuan losing 0.9% against the dollar.
China at least retained its 62.64 million fine troy ounces of gold at the end of January from the end of December.
At the end of January, China's gold reserves had dropped from 113.13 billion dollars to 112.46 billion dollars.
China has been promoting its Olympic mascot Bing Dwen Dwen like crazy. That is, until Bing Dwen Dwen opened its mouth. Chinese censors went into overdrive suppressing the backlash over the ice panda's words. In this episode of China Uncensored, we cover the "zero to hero" transformation that Bing Dwen Dwen went through, what happened to another Chinese Olympic icon, and how Bing Dwen Dwen might soon be taking over for Winnie the Pooh.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by uncensored > 2022-02-09 20:25 | Report Abuse
借高利貸擴張,輸得連褲衩都不剩,惠州房企巨頭破產,200多項資產被賤賣,老闆躲在香港不敢出來。
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借高利貸擴張,輸得連褲衩都不剩,惠州房企巨頭破產,200多項資產被賤賣,老闆躲在香港不敢出來。破產的原因是找高利貸借款,徹底玩崩了槓桿。我們都知道房地產的膽子大,加槓桿是常有的事情。當初曹德旺說恆大膽子大,39個億就敢玩2萬億的負債。而這個郭耀名沒有本事從銀行弄錢,就轉身去找了高利貸。
其實郭耀名還真不能怪銀行,銀行提供了80%的資金,20%是信託給的錢,但是2011年房地產政策調控之後,郭耀名一下子就被打蒙了,誰讓他太過依賴銀行呢?無奈之下, 他想到了上市圈錢,可惜的是,兩次買殼失敗,花了12億元,打了水漂,真是雪上加霜。
無奈之下就去找民間借貸了,也就是高利貸。從2011年開始計算,高利貸佔了融資的三分之一。不僅借得多,而且借的時間長。一般民間借貸是兩三個月,但是光耀借的時間,長到利息跟本金差不多了,十五億元的本金,利息就十幾個億,這怎麼還的起?
https://www.youtube.com/watch?v=VG0ngCmEvZg