Posted by qqq47660 > 2023-10-17 19:30 | Report Abuse

Government deficits are the main cause of currency depreciation

Posted by qqq47660 > 2023-10-17 19:31 | Report Abuse

Every year government surplus where got currency depreciation?

Posted by qqq47660 > 2023-10-17 19:34 | Report Abuse

Government runs deficits to help the Gdp and help the economy. But cannot have both deficits and protect currencye

Posted by IDQWE001 > 2023-10-17 22:11 | Report Abuse

Posted by foongsh > 6 hours ago | Report Abuse

Posted by IDQWE001 > 2 hours ago | Report Abuse

RUSSIAN Ruble Collapse Causes Panic as President Putin Introduces New Foreign Currency Controls

https://youtu.be/eXrRo02dn40?si=hhlkgvgzmHWuNWNh

How long could evil killer Putin last for the war ?

Both Ruble and RMB are depreciated like toilet paper.

CCP is printing money to fill up the black hole and very bad outflow of foreign funds. It already depreciated from 6.3 to 7.3+. more to come.

Posted by qqq47660 > 2023-10-17 22:34 | Report Abuse

China collapse is pure fantasy.
https://www.youtube.com/watch?v=SuykBfK3h0Q

Posted by qqq47660 > 2023-10-17 22:41 | Report Abuse

It already depreciated from 6.3 to 7.3+ but no inflation means China has policy flexibility. Malaysia also want China inflation level but out of reach.

Posted by qqq47660 > 2023-10-17 22:46 | Report Abuse

every G7 country also got bad trade data this year, that includes Singapore.

but only China making tremendous progress in technology development this year and will serve China well.

Posted by qqq47660 > 2023-10-17 22:47 | Report Abuse

western media has become fantasy media, no relation to reality.

Posted by foongsh > 2023-10-17 22:57 | Report Abuse

Posted by IDQWE001 > 44 minutes ago | Report Abuse

RUSSIAN Ruble Collapse Causes Panic as President Putin Introduces New Foreign Currency Controls

https://youtu.be/eXrRo02dn40?si=hhlkgvgzmHWuNWNh

How long could evil killer Putin last for the war ?

Both Ruble and RMB are depreciated like toilet paper.

CCP is printing money to fill up the black hole and very bad outflow of foreign funds. It already depreciated from 6.3 to 7.3+. more to come.

Figures and data won't lie.

Posted by qqq47660 > 2023-10-17 23:01 | Report Abuse

russia ruble?

Russia has not collapse, Putin has not resigned.

and looks clear that Russia will out last America willingness and ability to fund the war in Ukraine.

Posted by qqq47660 > 2023-10-17 23:04 | Report Abuse

and Putin is in Beijing. Looks very healthy very upbeat and in total control.

Posted by qqq47660 > 2023-10-17 23:07 | Report Abuse

Biden world is collapsing in Ukraine, in China, and now Israel.

Biden world is an over stretched empire. like the roman empire about to collapse.

Posted by IDQWE001 > 2023-10-18 09:37 | Report Abuse

Massive Bank Withdrawal Wave Sweeps China; Exposing China's Shocking Psychiatric Abuse-Beyond Belief

https://youtu.be/WMuauaRuGlc?si=rIv2SH5ui08FEW78

Both evil countries keep on printing money until become toilet paper. Evil killer Putin just like a tikus wanted by most of the countries.

Posted by qqq47660 > 2023-10-18 10:17 | Report Abuse

Top 5 largest banks in the world are China state banks....no money can always print money

Posted by IDQWE001 > 2023-10-18 13:22 | Report Abuse

HONG KONG: The grace period for Country Garden Holding's $15 million coupon payment has expired, fuelling expectations that China's biggest private property developer had defaulted on its offshore debt.

One bondholder of the tranche, who declined to be identified discussing confidential information, said he had not received payment on the coupon as the grace period ended.

Country Garden did not immediately respond to a request for comment.

A missed payment on a September 2025 bond without a deal with creditors would mean that Country Garden has joined scores of other Chinese developers who have defaulted, deepening the crisis roiling the property sector, which makes up about a quarter of the world's second largest economy.

Almost 100% of the developers, contractors, suppliers are going bankrucy, the bad debts have affected the banking system. How much money need to print to fill up the black hole ? Money not dropping from the sky. What, where, when to pay back is a question.

Posted by i3lurker > 2023-10-18 16:51 | Report Abuse

Israel targets handphones of operatives.
some people been putting their handphone inside ambulance, schools, kindergardens, any place got children one.
latest handphone put inside hospital resulted in more than 500 deaths.

Stock Markets globally, their balls just shrunk from contagion fear today.

Posted by IDQWE001 > 2023-10-18 17:43 | Report Abuse

Palestinian officials blamed an Israeli air strike for the huge blast and fireball which engulfed the Al-Ahli al-Arabi hospital, and said it killed as many as 500 people.

Israel said the blast was caused by a failed rocket launch by the Palestinian Islamic Jihad militant group, which denied blame.

Speaking alongside Israeli Prime Minister Benjamin Netanyahu, Biden said: "I was deeply saddened and outraged by the explosion of the hospital in Gaza yesterday, and based on what I've seen, it appears as though it was done by the other team, not you."

"But there's a lot of people out there not sure, so we’ve got a lot, we’ve got to overcome a lot of things," Biden added.

Posted by EngineeringProfit > 2023-10-19 07:08 | Report Abuse

Hamases are cowards. Their cowardice is the key cause for the death numbers in Gaza. They hide instead of show up. Shame to their religi

Posted by qqq47660 > 2023-10-19 10:22 | Report Abuse

Define coward

Good strategy never about brave but about winning

Posted by qqq47660 > 2023-10-19 10:24 | Report Abuse

Best example in Chinese culture is Han xin, the main general of liu pang

Posted by qqq47660 > 2023-10-19 10:36 | Report Abuse

The Jews decided they need to be hegemons in order to survive and the Jews are backed by the world biggest hegemons....that is whole story . But the Arabs are not willing to abandon Palestine

Posted by qqq47660 > 2023-10-19 10:43 | Report Abuse

For hegemons to survive the way is to turn all Palestine into American red Indians through genocide

Posted by qqq47660 > 2023-10-19 10:45 | Report Abuse

In China the key word for state craft is harmony

Posted by qqq47660 > 2023-10-19 10:46 | Report Abuse

For Jews and Americans the key word for state craft is hegemons

Posted by qqq47660 > 2023-10-19 10:53 | Report Abuse

Action speaks louder than words. Reality is derived by analysing actions not choice of words used in the media. Reality is found in actions not in the media control by the hegemons

Posted by IDQWE001 > 2023-10-19 12:54 | Report Abuse

Country Garden: Struggling With 700.000 Homebuyers Waiting for Unfinished Properties

https://youtu.be/M2HckahnUcc?si=ssHz-lMdlK7iFTPY

Seems like muslim countries don't have so many unfinished properties. Worse than 3rd world countries.

Posted by qqq47660 > 2023-10-19 14:07 | Report Abuse

which country never have developers go bust?

Hope they learn from it.

property has always been get rich quick and high risk business.

Posted by foongsh > 2023-10-19 14:34 | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

Country Garden: Struggling With 700.000 Homebuyers Waiting for Unfinished Properties

https://youtu.be/M2HckahnUcc?si=ssHz-lMdlK7iFTPY

Seems like muslim countries don't have so many unfinished properties. Worse than 3rd world countries.

Evergrande has more than $305 billion in liabilities, making it the most indebted company in the world. CCP has millions of unfinished units.

changes not seen for hundreds of years - the most indebted company in the world in human history

changes not seen for hundreds of years - the most unfinished units in human history

Posted by qqq47660 > 2023-10-19 16:17 | Report Abuse

Eat sleep s.hit also China bad

But China having 150 heads of state celebrating 10 anniversary of belt and road initiative

Posted by IDQWE001 > 2023-10-19 17:14 | Report Abuse

Posted by foongsh > 2 hours ago | Report Abuse

Country Garden: Struggling With 700.000 Homebuyers Waiting for Unfinished Properties

https://youtu.be/M2HckahnUcc?si=ssHz-lMdlK7iFTPY

Seems like muslim countries don't have so many unfinished properties. Worse than 3rd world countries.

Evergrande has more than $305 billion in liabilities, making it the most indebted company in the world. CCP has millions of unfinished units.

changes not seen for hundreds of years - the most indebted company in the world in human history

changes not seen for hundreds of years - the most unfinished units in human history

150 countries so what ? any country want ghost city or unfinished buildings without proper drainage system and retention pond. Lol.

Posted by Zazzyy > 2023-10-19 17:22 | Report Abuse

please go to UN & argue your case until cows come home . investment forum talk about china here china there .

Posted by Zazzyy > 2023-10-19 17:23 | Report Abuse

no cow sense

Posted by qqq47660 > 2023-10-20 11:10 | Report Abuse

Not just cow sense, idqfoong attitude is cannot compete with China, go break China legs.

Posted by qqq47660 > 2023-10-20 11:17 | Report Abuse

It's all western media distortions and misinformation

Posted by IDQWE001 > 2023-10-20 12:59 | Report Abuse

China’s banks may be loaded with hidden bad loans

KUALA LUMPUR (Oct 20): Hidden bad debts are worrying for Chinese banks, as the sector’s finance is already in a mess, according to The Economist.

In a report last Sunday, the magazine said local governments are struggling to repay lenders at least 65 trillion yuan (RM42.8 trillion) in off-balance-sheet debts.

It said many of the country’s big property developers have already defaulted on offshore bonds and owe trillions of yuan-worth of unbuilt homes to local residents.

The Economist said China’s largest wealth-management firms have started to default on payments owed to investors.

It said problems with loans to the smallest firms began with Covid-19.

It said as China shut down, the central bank put a moratorium on the repayment of loans for small- and micro-enterprises until June 2020 in order to halt a wave of defaults.

The magazine said after less than three months, officials estimated that 700 billion yuan in payments had been deferred.

The moratorium has been extended several times since then, with officials citing the continued impact of Covid.

No estimate for the total amount of unpaid loans exists and banks will not be required to disclose them publicly until next year, said the magazine.

In order to stimulate the economy, the central government has leant on banks to extend loans to the smallest firms, and to do so at the lowest possible interest rates.
Although such policies have been attempted for years, banks have been resistant, preferring to lend to the large, often state-owned companies with which they have relationships already.

This time the policy has worked, however, it said.

The Economist said a crackdown on the banking industry, culminating in the arrest of the president of one of China’s largest commercial banks last year, has made bosses more willing to follow official edicts.

As a result, at the beginning of the year, about 28% of all loans in China had been given to small- and micro-enterprises, up from 24% at the end of 2019.

Many of these loans represent simply the renewal of older, unpaid debts.

It is well known that small firms struggled during the pandemic, said the magazine.

The Economist said another result has been what some view as a catastrophic mispricing of assets.

It said small firms are usually judged to pose the greatest risks, but loans to small- and micro-enterprises have nevertheless been provided at rock-bottom interest rates.

It said banks have offered them at an average of 4% annual interest, down from 6% or so in 2019.

To make matters worse, a recent surge in long-term deposits, which are remunerated at higher rates, means banks’ margins have been squeezed even tighter, it said.

Don't want to hear different voice just read CCP website. i.diot.

Posted by qqq47660 > 2023-10-20 13:07 | Report Abuse

China’s banks may be loaded with .............any thing. Maybe is not news. Maybe is somebody imagination.

like I say, top 5 world banks are China state banks. No money print money la.

Posted by foongsh > 2023-10-20 13:16 | Report Abuse

China’s banks may be loaded with hidden bad loans

KUALA LUMPUR (Oct 20): Hidden bad debts are worrying for Chinese banks, as the sector’s finance is already in a mess, according to The Economist.

In a report last Sunday, the magazine said local governments are struggling to repay lenders at least 65 trillion yuan (RM42.8 trillion) in off-balance-sheet debts.

Before real estate crisis Evergrande and Country Garden claimed to be top world developers which hidden all the debts. CCP banks will follow the formula.

Posted by qqq47660 > 2023-10-20 13:45 | Report Abuse

China had a huge restructuring of its state banks pumping in hundreds of billions in the 1990s.................nothing bad happened to China. In fact China did very well after the bank restructuring.

Posted by qqq47660 > 2023-10-20 13:46 | Report Abuse

I mean what is use hoping China will collapse?

China will not collapse.

Posted by qqq47660 > 2023-10-20 14:35 | Report Abuse

China has 3 advantages others don't have. Every year China has huge trade surpluses, high savings rates and and banks which are state controlled. There w
I'll always have solutions.

Posted by qqq47660 > 2023-10-20 14:37 | Report Abuse

Since there is also no inflation problem China can print money when it is needed

Posted by qqq47660 > 2023-10-20 14:46 | Report Abuse

China's bri help to finance the global south when the rich countries do not want to take the risk, don't have the money and don't have the institution to do it. People should show China more love and appreciation for doing it. Not just call it debt diplomacy

Posted by qqq47660 > 2023-10-20 14:51 | Report Abuse

Just like China and EV. China has the right idea and implementation to address environmental problems.
Companies like Toyota and Honda missed the boat and now playing sour grapes

Posted by IDQWE001 > 2023-10-20 14:53 | Report Abuse

No Money to Pay Salaries! China’s Local Government Is $14 Trillion in Debt, Borrowing From Temples

https://youtu.be/elEJYV1i_9g?si=Illm16TKVVe0i7LM

From developers, local governments, banking systems, homebuyers are messy.

Posted by qqq47660 > 2023-10-20 14:53 | Report Abuse

In issue after issue China choose the right path for China for humanity for the planet, . It's better to listen to China than playing sour grapes and spread misinformation about China

Posted by foongsh > 2023-10-20 14:57 | Report Abuse

Posted by IDQWE001 > 1 minute ago | Report Abuse

No Money to Pay Salaries! China’s Local Government Is $14 Trillion in Debt, Borrowing From Temples

https://youtu.be/elEJYV1i_9g?si=Illm16TKVVe0i7LM

From developers, local governments, banking systems, homebuyers are messy.

qqq may need to study his own mother language for the rest of his life to post CCP official message here.

Posted by qqq47660 > 2023-10-20 15:05 | Report Abuse

It's paper money nowadays. The central bank of China can always print if it is priority and needed. And factual.

After all China is the largest creditor country in the world and no inflation problem

Posted by qqq47660 > 2023-10-20 15:06 | Report Abuse

U think it is still Qing dynasty using silver dollars meh?

Posted by EngineeringProfit > 2023-10-20 15:07 | Report Abuse

Some pak pandirs sya use dinar

Posted by qqq47660 > 2023-10-20 15:12 | Report Abuse

the main thing to know about China is what Xi says.

China is ocean. Ocean is still ocean after the storm and calm returns.