Posted by qqq47660 > 2023-06-19 19:19 | Report Abuse

Of course happy 1.4 billion Chinese don't have to suffer lies and misinformation of falonggong

Posted by IDQWE001 > 2023-06-19 22:01 | Report Abuse

CCP running dog qqq telling lies US dollar become toilet papper by Jun this year. siily dog.

Posted by qqq47660 > 2023-06-19 22:20 | Report Abuse

Changes not seen in a hundred means means America hegemony will soon be over

Posted by foongsh > 2023-06-19 22:58 | Report Abuse

Posted by IDQWE001 > 3 hours ago | Report Abuse

China’s Local Debt Crisis, 8.18 Trillion USD Debt Balance, 70% Local Governments May Bankrupt

https://youtu.be/AJQBMGbQDOU

Total debts = local household + private sectors + local government + central government + GLC

No doubt the central government debt is relatively low. Total debts are almost 300% GDP only 70 years in power.

No problem take more money from citizens then can feed more white elephants.

Posted by qqq47660 > 2023-06-19 23:17 | Report Abuse

tax system in China is still under developed.

they don't collect very much taxes


but with inflation under control, they can always print more money if needed.

Posted by qqq47660 > 2023-06-19 23:19 | Report Abuse

but with inflation under control, they can always print more money if needed.

its very impotantt to know this.

if inflation like malaysia or USA, then would be very irresponsible to keep printing money.

Posted by qqq47660 > 2023-06-19 23:20 | Report Abuse

cost of living in China is still unbelievably cheap

its call China prices.

Posted by qqq47660 > 2023-06-19 23:56 | Report Abuse

in malaysia, average factory / office workers already finding it difficult to find money to eat properly.

Posted by qqq47660 > 2023-06-19 23:58 | Report Abuse

for a country that grow so fast, its a miracle that China prices are still so cheap.
even a factory worker can eat out every night and can still save money to send back to their kampongs and national average saving rate is 40% of wages.
its incredible and credit must go to the geniuses managing China.

Posted by foongsh > 2023-06-20 00:09 | Report Abuse

Posted by IDQWE001 > 5 hours ago | Report Abuse

China’s Local Debt Crisis, 8.18 Trillion USD Debt Balance, 70% Local Governments May Bankrupt

https://youtu.be/AJQBMGbQDOU

Total debts = local household + private sectors + local government + central government + GLC

No doubt the central government debt is relatively low. Total debts are almost 300% GDP only 70 years in power.

Ans: With such high debts poor citizens spend all their money to pay debts and no money to spend, this is called deflation. Eventually the spending power is low, more shops and factories are closed. Jobless and pay cut make poor citizens not willing to spend. Bad cycles only CCP members richer and richer with more girl friends and US dollar.

Posted by IDQWE001 > 2023-06-20 00:14 | Report Abuse

Posted by foongsh > 6 hours ago | Report Abuse

Luckily very few Malaysian kena negative assets. Those CCP supporters may consider to migrate there but need to study chinese. Property there start keep on dropping, you may fulfill your dream to stay in Shanghai and Beijing.

Only silly dog consider negative assets is good.

Posted by qqq47660 > 2023-06-20 06:57 | Report Abuse

Got guarantee make money?

But the real issue is very to keep talking bad about China and all based on lies

Posted by IDQWE001 > 2023-06-20 08:12 | Report Abuse

安徽村鎮銀行非法凍結儲戶存款。底層農民工互相殘害。深圳房價暴跌，法拍房急劇增多，斷供潮汹湧澎湃。在中國的外國人急劇减少，世界已拋弃中國。外資臺企撤離中國，失業潮，裁員潮，倒閉潮，中國經濟崩潰。

https://youtu.be/H1j54mPraN0

Better listen what local Chinese said.

Posted by IDQWE001 > 2023-06-20 08:19 | Report Abuse

Bank depositors not able to withdraw their hard earned money 1 year from the local government bank only happened in CCP administration, even worse than 3rd world countries.

Posted by qqq47660 > 2023-06-20 09:45 | Report Abuse

only i.diots swallow anti China propaganda hook line and sinker.

u think u are in the jungle and do not know the geopolitical story meh.

Posted by IDQWE001 > 2023-06-20 09:53 | Report Abuse

China cuts lending benchmark rate as economic recovery sputters

The People’s Bank of China cut its benchmark loan prime rate for the first time in 10 months on Tuesday, moving to increase local stimulus measures as a post-COVID economic recovery in the country ran out of steam.

CCP con man asked investors to buy RMB and sell US dollar, CCP and dogs cheated US dollar become toilet paper by Jun this year. qqq is the cheating dog of CCP.

Posted by IDQWE001 > 2023-06-20 09:57 | Report Abuse

CCP keep on dropping lending benchmark rate RMB, RMB from 6.7 depreciated to 7.1, CCP loves US dollar. CCP and its dog cheated investors to buy more RMB. Very evil.

Posted by qqq47660 > 2023-06-20 10:51 | Report Abuse

With inflation under control, China had plenty of policy tools...that is why it is very important all governments keep inflation under control.
China, second largest economy in the world, and still is one of the cheapest economy in the world call China prices. It's a miracle and job well done.

Posted by IDQWE001 > 2023-06-20 10:53 | Report Abuse

中国已患“日本病” 经济恐陷停滞数十年
https://www.chinapress.com.my/?p=3475091

Deflation following Japan.

Posted by qqq47660 > 2023-06-20 10:57 | Report Abuse

Inflation disproportionally hurt the poor and potentially can be a source of chaos and instability. That is why the revolutionary government place such importance in the fight against inflation.

Posted by qqq47660 > 2023-06-20 11:00 | Report Abuse

Japan no chaos, no hunger no unemployment from 1990 to 2033...... For a socialist, not so bad.

Posted by qqq47660 > 2023-06-20 11:01 | Report Abuse

Japan surely handled it's economic crisis better than America on the last 30 years which see chaos, tent cities, anger, the rich getting richer the poor getting poorer.

Posted by qqq47660 > 2023-06-20 11:07 | Report Abuse

China priority is number one in all aspects by 2050...China priority is not rich get richer

Posted by qqq47660 > 2023-06-20 11:08 | Report Abuse

Stock market is very moody. Not the way to make long term plans.

Posted by qqq47660 > 2023-06-20 11:15 | Report Abuse

If u want to polish America shoes, u are born 100 years too late

Posted by qqq47660 > 2023-06-20 11:18 | Report Abuse

The long term trend is China and brics+ and global south up, America down

Posted by qqq47660 > 2023-06-20 11:20 | Report Abuse

I am very impressed with Africa...Africa has stood up like China in 1949. With help from China Africa will do very well.

Posted by IDQWE001 > 2023-06-20 11:45 | Report Abuse

Investing.com-- Most Asian stocks fell on Tuesday, extending losses from the prior session as concerns over slowing economic growth in China largely offset an interest rate cut by the central bank.

China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes fell 0.2% and 0.3%, respectively, while Hong Kong’s Hang Seng index shed 1.3%.

The People’s Bank of China trimmed its benchmark loan prime rate by 10 basis points across the board, as widely expected by markets. While the move is expected to unlock more stimulus in the country, it also highlights a slowing economic rebound in China.

CCP sell RMB and buy more US dollar, they love US dollar and enjoy with many girl friends. CCP dog cheated investors.

Posted by foongsh > 2023-06-20 11:48 | Report Abuse

安徽村鎮銀行非法凍結儲戶存款。底層農民工互相殘害。深圳房價暴跌，法拍房急劇增多，斷供潮汹湧澎湃。在中國的外國人急劇减少，世界已拋弃中國。外資臺企撤離中國，失業潮，裁員潮，倒閉潮，中國經濟崩潰。

https://youtu.be/H1j54mPraN0

Better listen what local Chinese said.

Bank depositors not able to withdraw their money for more than 1 year, not even happened in Africa and South America. What a shame.

Posted by foongsh > 2023-06-20 11:50 | Report Abuse

Posted by IDQWE001 > 55 minutes ago | Report Abuse

中国已患“日本病” 经济恐陷停滞数十年
https://www.chinapress.com.my/?p=3475091

Deflation following Japan.

Nevermind CCP learn from Japan wait for 30 years.

Posted by foongsh > 2023-06-20 11:51 | Report Abuse

Warren Buffett boosts investment in Japan’s top trading houses, and investors are piling in behind him
BYELEANOR PRINGLE
June 19, 2023 at 6:41 PM GMT+8

Warren Buffett’s new favorite stocks have had another boost this week after Berkshire Hathaway upped its investment in Japan’s five biggest trading houses.

For investment better listen to Warren Buffett.

Posted by IDQWE001 > 2023-06-20 12:00 | Report Abuse

印度股市市值逾15兆 超越法 英名列全球第4

（新德里20日讯）在外资追捧之下，印度股市市值已高达3兆4000亿美元（约15兆7800亿令吉），超过英国和法国，位列全球第4。

Congratulations. The power of global supply chain restructuring together with sound and solid alliances.

Posted by qqq47660 > 2023-06-20 12:38 | Report Abuse

the CPC has faced far bigger challenges than current challenges and come out victorious.

Posted by qqq47660 > 2023-06-20 12:39 | Report Abuse

100 million dedicated members scared of what?

Posted by foongsh > 2023-06-20 12:40 | Report Abuse

Congratulations to Japan & India. RIP evil alliance.

Posted by foongsh > 2023-06-20 12:41 | Report Abuse

Posted by IDQWE001 > 54 minutes ago | Report Abuse

Investing.com-- Most Asian stocks fell on Tuesday, extending losses from the prior session as concerns over slowing economic growth in China largely offset an interest rate cut by the central bank.

CCP sell more RMB and buy more US dollar.

Posted by qqq47660 > 2023-06-20 12:41 | Report Abuse

the CPC has penetrated every level of society and always ready to serve and organizing abilities that are unmatched, un seen in the world....scared of what?

Posted by foongsh > 2023-06-20 12:42 | Report Abuse

股神进一步加码日股 投资2年多暴赚209亿

（东京20日综合电）“股神”巴菲特旗下的波克夏表示，独资子公司National Indemnity Company对日本5大商社的平均持股比例增加至逾8.5％。

5大日本商社分别是伊藤忠（Itochu）、丸红（Marubeni）、三菱（Mitsubishi）、三井（Mitsui）和住友（Sumitomo）。波克夏指出，这些企业的持股价值已超过该公司在美国以外任何国家拥有的公开交易股票。

波克夏过去就提到拟长期持有这些日本投资，首席执行员巴菲特曾经表示，对这5家公司的持股比例最多至9.9％，除非获得被投资方董事部批准，才会超出此门槛。

波克夏最初是在2020年首度买进上述商社股份。巴菲特今年4月访问日本，当时宣布波克夏对日本5大商社的股份增持到7.4％，巴菲特的注资以及他对日本前景的乐观态度，吸引投资市场注意到日经济好转以及股东友善企业治理改革的情况，带动日经指数不断刷新数十年高点，今年该指数累计飙涨28％。

根据媒体汇编的资料，2020年以来巴菲特在日本贸易公司的布局中估计获得45亿美元（约209亿令吉）的收益。今年以来，三菱股价已上涨超过64%，三井上涨约20%，丸红上涨超过65%，而伊藤忠商事和住友商事上涨超过41%。

Saxo Markets驻新加坡市场策略师查纳纳（Charu Chanana）指出：“尽管先前波克夏就暗示会提高持股…但周一的公告确实来的比预期更快，将会进一步提振日股的多头情绪。”

Posted by qqq47660 > 2023-06-20 12:42 | Report Abuse

China is a land of genius and well led...........scared of what?

Posted by qqq47660 > 2023-06-20 13:23 | Report Abuse

5 years have passed since 2017.....

China has used the last 5 years to upgrade its technology independence. ..and ready for emergence

Posted by qqq47660 > 2023-06-20 13:26 | Report Abuse

China is more interested in FDI than in hedge funds playing in the Shanghai market.

Posted by qqq47660 > 2023-06-20 13:59 | Report Abuse

China will achieve 5% GDP growth this year. This figure is not too stressful and will be achieved.

Posted by qqq47660 > 2023-06-20 14:37 | Report Abuse

look at the anti u tubers and then look at the pro China u tubers.

the first group is filled by people who looks like failures, spiteful people, filled with hatred

the latter group are filled with love, intellectuals , scientists and people of science and knowledge.

love will triumph over hate..................................success more attractive than failures.

Posted by qqq47660 > 2023-06-20 14:39 | Report Abuse

who do I blame? I blame it on western mainstream media, mainly and their supporting casts of HK black shirt terrorists, the taiwan taidu,

Posted by qqq47660 > 2023-06-20 14:45 | Report Abuse

why is deep state in america so scared of the rise of China? so fearful and lie so much? The main reason is they do not want their own citizens to know the real China.

Posted by IDQWE001 > 2023-06-20 15:48 | Report Abuse

Posted by foongsh > 3 hours ago | Report Abuse

股神进一步加码日股 投资2年多暴赚209亿

God of investment is still the best to choose stocks in strong alliance.

Posted by IDQWE001 > 2023-06-20 15:49 | Report Abuse

Posted by foongsh > 3 hours ago | Report Abuse

CCP sell more RMB and buy more US dollar.

They hate America but love US dollar, this is nature of CCP.

Posted by IDQWE001 > 2023-06-20 15:50 | Report Abuse

Posted by foongsh > 3 hours ago | Report Abuse

Congratulations to Japan & India. RIP evil alliance.

Invest in those strong alliance countries and avoid evil alliance.

Posted by IDQWE001 > 2023-06-20 15:54 | Report Abuse

With record unemployment, China's youth confront bleak job market

BEIJING - Rather than celebrating finishing university, this summer Chinese graduates shared photos of themselves theatrically throwing their degrees into bins, underscoring the bleak outlook as youth unemployment sits at a record high.
The jobless rate could rise even further this summer, analysts warned, providing another headache for the government as it tries to jumpstart the country's sluggish post-Covid economy.

With well-paid jobs few and far between, young people told AFP they were opting to remain in university, while others are scrambling for limited government jobs as opportunities in the private sector dry up.

Sampson Li, who graduated this month with a master's degree in software engineering, was looking for work but has given up to apply for a doctorate instead.

The 24-year-old told AFP he passed three rounds of interviews at a major tech company in Shenzhen, dubbed China's Silicon Valley, before the employer said it had frozen recruitments.

"Three other companies asked me to take a lower pay than the market rate," he said. "I can't survive with that salary in this city."

Data released last Thursday by the National Bureau of Statistics showed May's unemployment rate for people aged 16-24 hit 20.8 percent, an increase on the previous record of 20.4 percent hit in April.

Larry Hu, Macquarie Group's chief China economist, warned that the figure could increase further in July when 11.6 million more college graduates start looking for work.

"Corporates are reluctant to hire because of soft consumer demand, while consumers are reluctant to spend because of the weak labour market," he told AFP.

"As a result, policy is the only game changer at this stage."

- State crackdown -

At a State Council meeting in April, Premier Li Qiang pledged to ensure stable employment opportunities for young people.

"We have to take measures to stabilise the scale of employment in manufacturing and foreign trade enterprises, optimise university curriculums, and improve the quality of vocational education and skills training based on the market demand," Li said.

However, a hoped-for raft of stimulus measures for the economy, including help to boost the jobs market, fell flat, as did an interest rate cut Tuesday, which was less than expected.

One of the reasons China's once-freewheeling private sector is seeing much slower growth is because of a sweeping government crackdown on property companies, tech giants and private tutoring firms.

"While Beijing runs a state-led economy, private companies provide up to 80 percent of China's urban jobs," Yu Jie, a senior China research fellow at the London-based think tank Chatham House, wrote.

These sectors relied on "young people willing to work long hours for lower salaries", she said.

Liu Qian, armed with a degree in fintech, has been job hunting for the past six months.

"There were dozens of fintech start-ups when I entered university, but many have disappeared over the past two years after the government tightened rules governing the sector," she said.

"My parents now want me to study for the civil services exam, to see if I can get a job in a state-owned company."

The odds are tough, though.

More than 7.7 million applicants took the civil service exam this year, to qualify for about 200,000 government jobs at national and provincial levels, state media reported.

Frustration over the fierce competition for any well-remunerated work has fuelled the online memes of throwing away degrees, with graduates also posting photos of themselves sprawled on the ground or in various poses of despair.

The pictures are a reference to the now-prevalent counterculture of "lying flat" -- young people rejecting the rat race of urban living for a simpler, less professionally ambitious life.

- Skills mismatch -

There is generally a mismatch in skills possessed by young job seekers and the demands of the labour market, Chatham House's Yu said.

Posted by IDQWE001 > 2023-06-20 15:56 | Report Abuse

The services sector, for example, remains a rare bright spot with millions travelling and dining out after three years of pandemic restrictions were lifted last December.

But the lack of opportunities for vocational training means young people are ill-equipped to work in it, Yu said.

Many of the jobs that are available are poorly paid and arduous.

Tan Yong, 17, moved to Shenzhen from neighbouring Meizhou last year after dropping out of high school.

He first found work at an assembly line making air conditioners, but was forced to leave after six months when the production line moved to Vietnam.

Now Tan works as a rider for a food delivery company.

"The work is difficult, and we make less than five yuan on most deliveries," he said.

"But many young people don't want to work in factories where you need to stand for nearly seven hours." - Poornima WEERASEKARA/AFP