“Don’t mess with Japan”, Former PLA instructor warns Xi Jinping Zhang Tuosheng, director of the Institute of International and Strategic Studies at Peking University, recently wrote that mending ties with Japan should be a top foreign policy priority for the Chinese regime https://www.youtube.com/watch?v=I0kxHqJtvBU
"By the age of 40, your fate is already set"/China's class structure has become more solidified After more than 70 years of development, China’s economy seems to be maturing. However, many indications suggest that the ascension from bottom to top in social class has virtually come to a halt. On the path to the upper echelons of society, children from the rich and politically connected elite families have a clear advantage, and children of poor or rural families have less and diminishing access.
The latest past 30 years...China has more billionaires than US Mah!
This tell u that anybody can make it well in china loh!
Konman Uncensored is totally naive & wrong loh!
Posted by uncensored > Jan 9, 2022 11:47 AM | Report Abuse
"By the age of 40, your fate is already set"/China's class structure has become more solidified After more than 70 years of development, China’s economy seems to be maturing. However, many indications suggest that the ascension from bottom to top in social class has virtually come to a halt. On the path to the upper echelons of society, children from the rich and politically connected elite families have a clear advantage, and children of poor or rural families have less and diminishing access.
Do not be silly, if u compare the USA great recession and sub-prime problem vs china current temporary property setback....is just a small issue, but being blow out of proportion by this conman uncensored with intention to bad mouth china & to mislead u loh!
China temporary property setback are driven by the smart chinese govt, to release air prematurely in order to avoid the future & further risk like the usa subprime that affect the whole economy, when the bubble eventually burst in 2008 loh!
This reflect strength of Chinese Govt, in its ability able to recognise things early & take appropriate corrective action earlier, unlike the west who always need to do deal with boom & burst situation loh!
The china govt system is definitely more superior than the west mah!
Posted by uncensored > Jan 10, 2022 2:14 PM | Report Abuse
Andrew Hunt is CEO of Hunt Economics and former adviser to Dresdner Asset Management in Asia. Ben Ashby is a former managing director in JPMorgan's Chief Investment Office.
The well-documented problems at some of China's largest property developers are merely symptoms of the deeper structural challenges the country now faces.
We previously highlighted in the article "Why Ray Dalio is wrong about China" published online on July 11 that China was highly incentivized to encourage foreign investment in order to delay hard domestic decisions.
These inbound capital flows are however unlikely to be sufficient, and they would leave China vulnerable to foreign monetary policy. Since China will likely prioritize domestic order and control over a shorter lived but painful structural adjustment, a Great Pause in their economic growth seems probable.
How long this 'great pause' will take is hard to say. Yet despite the clear signs, investors are still to fully price the implications of this hiatus and what it means for industrial commodities or regional demand for goods.
Given many developing countries' high dependence on the Chinese economy, the next few years could be particularly difficult and make their recovery from COVID even harder.
The roots of these problems run deep. China's economic model has traditionally relied on the intensive use of credit in order to finance the country's impressive growth. As a result, the rate of increase in China's debts has been fast, outgrowing the economy itself: a dynamic that is ultimately not sustainable.
Though some of this credit was used to fund the creation of industrial capacity, much of it was used to fund a rapid and massive expansion of housing stock.
China's property and construction sectors have therefore become extremely large by comparison with the overall economy. Our research suggests that these sectors have been more than twice as important to the overall economy as their equivalent sectors were in Japan during that country's property bubble, or even the U.S. in 2005-2006.
We also estimate that property wealth is at least as important to China's savers' wealth as financial assets are to U.S savers at present. A decline in the fortunes of the property market will therefore depress domestic growth for a considerable time.
China's property-driven growth has run into several constraints of late, including affordability, market saturation and access to funding. Its banking system has also reached an unprecedented size, not just in relation to the size of China's own economy but increasingly in relation to the entire global economy.
Real estate-related lending and property-based collateral have come to dominate the system. China's banks themselves are deeply exposed to the sector, to the exclusion of other sectors, and will struggle to maintain their balance sheets if problems in the sector increase.
These problems imply two sets of consequences. First, China will not be able to liberalize its savings markets anytime soon to the disappointment of many Western financial institutions. Second, credit growth in the future will likely be much more carefully controlled.
Every day, then, credit to China's private sector is becoming more constrained and this, of course, means that lending has to be rationed among competing uses.
Perhaps not surprisingly, the authorities in Beijing have decreed that the property and construction sectors, together with a number of other sectors that have been deemed unproductive or not aligned with the government's vision for "common prosperity" will be largely excluded from the credit markets. These important sectors now face years of enforced austerity.
The authorities are, of course, still underwriting the flow of credit to its favored sectors as they seek to increase productivity and support activities that add more value to the economy. They will also want to ensure that the export sector can contribute at least some growth to the economy.
stockraider LIAR Lying on 1. Fire insurance matter 2. Helping the poor (you owned 15 unit FLAT) 3. TP on shares 4. Buying price on shares 5. China CPC matter 6. USA matter 7. Hong Kong matter 8. Falun Gong 9. Common prosperity 10. Your motive
It takes only 1 day from getting snitched to be fired or shut out for Chinese celebrities Social media like Facebook or Twitter are banned in China. But China has its equivalent version of those social media such as WeChat and Weibo. Sharing snippets of life and insights in "circle of friends" on social media has become a daily occurrence for Chinese people. But now, they need to be extra careful about their sharing. On August 18, the head coach of a leading Chinese football team made some drunken comments at a dinner party with his friends, which were filmed by a friend sitting across the table and posted on the internet. On the same day, the Club where he worked announced they would suspend all his managerial duties, effective immediately. So what did the team's head coach say?
Why Beijing is Cracking down on the Entertainment Industry? For political, economic and more reasons From August 27 to 28, China's Internet Information Office, the website of the Central Commission for Discipline Inspection and State Supervision, and major official media outlets published articles criticizing the incessant negative press in the entertainment industry. They said that celebrities should not step on the red line, otherwise their acting career would be over. China's General Administration of Radio, Film and Television (SARFT) has also informed several government agencies of " entertainers with poor track records" and asked them to investigate and purge the list. At the same time, China's social media Weibo and major film and television websites have been removing the content of some artists. All Chinese people can feel that a major crackdown on the Chinese entertainment industry is coming. Some sources reveal that more Chinese entertainers will be gone in the near future, so it can be said that "it's useless to be famous! The biggest names are yet to come.”
39 China's Tyre Companies Goes Bankrupt Due US China Trade war Shandong Yongtai Group Co., China's tenth-largest tire manufacturer, declared bankruptcy earlier this month, owing to pressure from the US–China trade war. The company's bankruptcy filing was received by the Dongying City Intermediate People's Court in Shandong Province. The company, which was founded in 1996, was placed 32nd on the list of the world's most prominent tire companies published by the American journal Tire Business in 2016. The corporation employed around 5,000 people at its peak. According to the trade newspaper China Tire Dealer, this is the largest bankruptcy case in China's tire business. Since at least 2008, the US Department of Commerce has imposed anti-dumping and countervailing duties on Chinese tire imports, accusing tire manufacturers of selling goods at less than fair value in the US and alleging that the Beijing regime provides companies with subsidies that stifle competition. A multitude of internal and external reasons contributed to the Yongtai Group's bankruptcy. In recent years, China's tire sector has experienced severe overproduction, resulting in a surplus of supply over demand. According to China Tire Dealer, the Yongtai Group's issue isn't unique. With over 300 tire firms, Shandong Province has the most in China, accounting for three-fifths of the whole sector. However, 35 tire manufacturers in Shandong have closed or filed bankruptcy between 2017 and this year. According to a survey conducted by the China Rubber Industry Association, around 15% of the top 39 tire businesses examined suspended production completely or partially in the first quarter of this year. Around 40% of the enterprises reported higher financial losses than in prior years, while 30% reported worse profit margins. Only 15% have witnessed an increase in sales and profitability.
Xi Jinping’s MASTER PLAN for Domination Chinese leader Xi Jinping is hoping to make himself presitator for life—equal parts dictator and president. Xi is locked in a battle for control of the country, especially its internal security apparatus called the PLAC, with former Chinese leader and toadman Jiang Zemin. Watch this episode of China Uncensored for more on Xi Jinping's master plan for domination, coup attempts against him, and why China's police force gets more funding than its military.
The Chinese growth rate is down. China itself says that its Gross Domestic Product slowed to 4 percent in the fourth quarter of 2021. But in a country where Presidents fudge their swimming speed records, can we really trust the growth numbers?
If u follow the law of maths....the bigger u grow to a very large size....the lower the growth number mah!
Basic Maths 101 mah!
Do not be confuse mah!
Lu tau boh ?
Posted by uncensored > Jan 22, 2022 9:21 PM | Report Abuse
The real story of China’s growth number is here
TFIglobal 382K subscribers
The Chinese growth rate is down. China itself says that its Gross Domestic Product slowed to 4 percent in the fourth quarter of 2021. But in a country where Presidents fudge their swimming speed records, can we really trust the growth numbers?
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....
uncensored
2,694 posts
Posted by uncensored > 2022-01-09 11:24 | Report Abuse
China Blackout: Australia Block Chinese $9 Billion Energy Takeover
https://www.youtube.com/watch?v=VjUig374_jI