Posted by IDQWE001 > 14 hours ago | Report Abuse

A perfect storm with deflation.

Yes, it is real.

Posted by IDQWE001 > 1 hour ago | Report Abuse

Massive Bank Strike in Shanghai! Chinese Banks Run Out of Money! Investors Divest Bank Shares

https://youtu.be/Q6xuz7Bcq3o

Jobless, Property bubble burst, retired fund issue affecting banking system.

Posted by IDQWE001 > 20 minutes ago | Report Abuse

离岸人民币今年首次跌破7

CCP bad mouth itself . it is own propagandised by CCP.

Posted by IDQWE001 > 1 hour ago | Report Abuse

dog of CCP nobody care.

CCP did not listen to his dog to announce better GDP & jobless data. CCP bad mouth itself . it is own propagandised by CCP.

Posted by IDQWE001 > 14 minutes ago | Report Abuse

安华:经济增长超过中国 大马首季表现亚洲最好...

CCP bad mouth itself not to announce higher GDP grwoth than Malaysia. DSAI should listen to qqq and keep quiet.

Posted by IDQWE001 > 22 hours ago | Report Abuse

中国发出危险信号 青年失业率飙至20.4%

北京16日讯）中国4月份青年失业率升至20.4%的纪录高位，反映经济吸收新劳动力依然存在困难。

CCP bad mouth his own high jobless rate. it is own propagandised by CCP.

占全球贸易结算88% 人民币难撼美元

尽管随着美元浮动幅度较大，本地进口商开始尝试绕过美元进行交易，惟经济分析师认为，美元作为全球贸易结算霸主的地位，当前依然难以被撼动。

尽管产品是在中国生产，但生产过后的最终目的地仍是美国市场，美国依然是全球最主要的消费国。同时美国的金融市场安全是因为美元的流动性高，市场参与很大，因此资产的价格不会因为资金的流动而产生巨大的变动。

此外，截至去年底的国际清算银行数据，在整个全球的国际贸易中，用美元进行结算的所有资金的比例大约近88%，其中欧元的比例大约7至8%。

尽管人民币尝试成为国际货币，但其占国际贸易结算的比例仅2至3%，这是因为中国没有像美国那样开放式且大型的贷券市场或金融市场。

在中国的政治体系底下，人们都会有一个疑虑，即资产是否能够自由进出。因此，人民币无法形成像美元那样的优势。即使人民币尝试国际化，但美元作为全球贸易结算霸主的地位是不容易被撼动的。

美国的金融市场最大、最安全，也较自由；美国的金融市场安全是因为美元的流动性高，市场参与很大，因此资产的价格不会因为资金的流动而产生巨大的变动。

Posted by IDQWE001 > 24 minutes ago | Report Abuse

It is too late. Negative asset. The housing loan is higher than the house value.

Telling the truth is not discrimination.

Posted by IDQWE001 > 1 hour ago | Report Abuse

中国发出危险信号 青年失业率飙至20.4%

What would be the umployment rate few months later after 10 million gradutes from high school and college ?

Posted by IDQWE001 > 35 minutes ago | Report Abuse

A perfect storm is coming.

Property bubble burst, high jobless, local government could not sell land for income, very pity perfect storm.

Languang is a distressed Chinese property developer that is likely to delist from the country’s stock exchange, sending a fresh reminder the nation’s weaker builders are still struggling to survive. Languang was among the first wave of Chinese property developers to default in 2021. The company has let go more than 90% of its workforce since early 2021, and reported a loss of about 25 billion yuan ($3.9 billion) last year1.

Property bubble burst more to come.

Posted by IDQWE001 > 2 minutes ago | Report Abuse

全球新車銷售 TOP 10 名單出爐！Toyota 穩坐冠軍寶座 Tesla 來勢洶洶.2023/05/09 15:06

I thought Toyota is going bankrupcy by tomorrow ?

Posted by IDQWE001 > 1 hour ago | Report Abuse

The philosophy of making cheap toys is fallen into medium income trap, ..

CCP hardcore supporters got no standard when the world keep on talking about AI, Chips technology etc. They still talking about cheap labor production. Also forgot about the Tesla Shanghai factory production counted into CCP EV. Mega factory in Mexico will change the game.

Posted by IDQWE001 > 4 hours ago | Report Abuse

Recession and Backlog: Houses, Cars, Phones & Liquor No Buyer Left; High IQ Crime Rate Skyrockets

https://youtu.be/JT8SPhu0J8U

All the data showed deflation is real, nobody could stop it.

Posted by IDQWE001 > 11 hours ago | Report Abuse

qqq couldn't master your ancient language, your parents should shame on you.

qqq so anti western still want to use 26 alphabets. He forget his own culture and language. What a shame.

Posted by IDQWE001 > 2 hours ago | Report Abuse

How did the world's second best military fail so badly?

The evil Putin claimed to win the invasion within 3 weeks without proper planning. Russia becomes 3rd world country.

Posted by IDQWE001 > 4 hours ago | Report Abuse

A First In The War: Russian Soldiers Are Fleeing!

https://youtu.be/vIYW9rSEtx8

Russians don't like this invasion war, someone from Russia will take over the evil Putin.

Posted by IDQWE001 > 8 hours ago | Report Abuse

They just use their mouth talk to support only, they will not take risk to convert all their asset to RMB.

Not really may be qqq is the only i.diot converts all his asset to RMB to show his respect to his boss.

Posted by IDQWE001 > 2 hours ago | Report Abuse

Tesla profit margin 15-20% with level 3 auto pilot technology 5nm chips, if cut price 10% still have very good profit with US government EV incentive.

North American countries still prefer Tesla as their number 1 choice. Other car manufacturers could stop selling EV cars to them as the price and technology not competitive.

Posted by IDQWE001 > 3 minutes ago | Report Abuse

In the case of the all-electric cars, the top five manufacturers sold more than half of all BEVs.

Tesla still the number one sale in the world and highest profit in EV industry. Their Mexico plants set up will cater for North America market. TSMC advance ships will enable Tesla for auto pillot technology.

Posted by IDQWE001 > 27 minutes ago | Report Abuse

NATO planning to open office in Tokyo, Japan’s envoy to U.S. says

Evil alliance pushing all countries formed alliance against them. Very pity.

Posted by IDQWE001 > 1 minute ago | Report Abuse

Nobody wants RMB as monetary reserve except evil axis no choice.

CCP supporters to convert all their assets and cash to RMB.

Posted by IDQWE001 > 6 minutes ago | Report Abuse

慌了！上海經濟徹底崩潰了！竟有七成大學生沒有就業！失去外資台企的中國就這種實力！消費慘淡大批實體店整排倒閉！老百姓要過上苦日子了！

https://youtu.be/4PwGYWvjQmk

Very bad deflation.

China’s inflation cools to 0.1%, its slowest pace in two years

Hong Kong
CNN
—
Deflationary pressure in China is worsening as consumer prices increased at their slowest pace in two years, suggesting weakness in domestic demand and raising questions about the strength of the economic rebound.

The consumer price index rose by just 0.1% in April from a year ago, the lowest rate of inflation since February 2021, according to the National Bureau of Statistics (NBS) on Thursday. In March and February, it increased 0.7% and 1% respectively.

The producer price index, which measures factory-gate prices, declined by 3.6%, marking the biggest contraction in three years. It’s the seventh straight month the figure has fallen.

Prices are stagnating or falling in the country despite the fact that the People’s Bank of China (PBOC), the central bank, has been cutting interest rates and pumping cash into the financial system to bolster the economy.

There have been some signs of recovery in demand after the end of pandemic restrictions late last year, but consumers are still wary of spending on big-ticket items, such as property.

“The subdued inflation readings suggest post-Covid recovery momentum continued to weaken in April,” Nomura analysts said in a research note on Thursday.

The weak property sector recovery likely has exerted “persistent” downward pressure on the factory-gate prices, they added.

Real estate contributes as much as 30% to China’s GDP. It is still in the midst of a historic downturn, with new home prices increasing less than 0.5% in both March and February, after falling for more than a year.

A slump in the property sector affects demand for key raw materials such as steel and cement, which are key parts of the producer price index.

According to data released Tuesday by the customs authority, imports plunged 7.9% in April, indicating weak domestic demand. Exports were strong, up 8.5% from a year, although that was slower than the 14.8% growth recorded in March.

Deflation is worse than inflation especially high jobless and property bubble caused no money to spend.

China’s inflation cools to 0.1%, its slowest pace in two years

Hong Kong
CNN
—
Deflationary pressure in China is worsening as consumer prices increased at their slowest pace in two years, suggesting weakness in domestic demand and raising questions about the strength of the economic rebound.

The consumer price index rose by just 0.1% in April from a year ago, the lowest rate of inflation since February 2021, according to the National Bureau of Statistics (NBS) on Thursday. In March and February, it increased 0.7% and 1% respectively.

The producer price index, which measures factory-gate prices, declined by 3.6%, marking the biggest contraction in three years. It’s the seventh straight month the figure has fallen.

Prices are stagnating or falling in the country despite the fact that the People’s Bank of China (PBOC), the central bank, has been cutting interest rates and pumping cash into the financial system to bolster the economy.

There have been some signs of recovery in demand after the end of pandemic restrictions late last year, but consumers are still wary of spending on big-ticket items, such as property.

“The subdued inflation readings suggest post-Covid recovery momentum continued to weaken in April,” Nomura analysts said in a research note on Thursday.

The weak property sector recovery likely has exerted “persistent” downward pressure on the factory-gate prices, they added.

Real estate contributes as much as 30% to China’s GDP. It is still in the midst of a historic downturn, with new home prices increasing less than 0.5% in both March and February, after falling for more than a year.

A slump in the property sector affects demand for key raw materials such as steel and cement, which are key parts of the producer price index.

According to data released Tuesday by the customs authority, imports plunged 7.9% in April, indicating weak domestic demand. Exports were strong, up 8.5% from a year, although that was slower than the 14.8% growth recorded in March.

Xi and Putin's 'friendship' in question as China weighs up sending weapons to Russia
Just over a month after Chinese President Xi Jinping visited his Russian counterpart and self-proclaimed "best friend" in Moscow, the autocrat had a phone call with Ukrainian leader Volodymyr Zelensky.tin's 'friendship' in question as China weighs up sending weapons to Russia.
Just over a month after Chinese President Xi Jinping visited his Russian counterpart and self-proclaimed "best friend" in Moscow, the autocrat had a phone call with Ukrainian leader Volodymyr Zelensky.
Xi was accused of 'interrupting Putin' during his last visit to Moscow

Russian state media propagandists have questioned the Kremlin’s “friendship” with China after Xi Jinping spoke with Mr Zelensky on the phone towards the end of April. The conversation has led to a “development of bilateral relations”, according to the Ukrainian President, and it has infuriated Vladimir Putin’s media puppets. War analyst Sergei Mardan on Russian talk channel SolovyevLive said Xi’s state visit to Moscow last month had undermined the Kremlin in light of his subsequent call with Kyiv, adding that it now appeared that Xi had been “interrupting Putin’s work” before “calling our enemy”. Evils fighting each other. Putin fallen in the trap.

Posted by IDQWE001 > 1 hour ago | Report Abuse

Just one old tank, and no aircraft, were present at Russia's much-reduced Victory Parade this year, reflecting its major losses in Ukraine.

Very pity evil man left only 1 no. T34 tank without any air force at Russia's much-reduced Victory Parade. All evil supporters please donate your money to evil Putin to buy more weapons for invasion. Don't just lip service without physical action. Without his evil brother Xi consent, he will only use his evil mouth to drop the nuclear weapon just like his supporters Talk Only No Action.

Posted by IDQWE001 > 56 minutes ago | Report Abuse

崩潰！中國樓市還有救嗎！房價暴跌拋售潮來了！咱們現在真的很後悔買房！無數人開始棄房斷供！全國到處裁員降薪，根本沒有錢還房貸！3年時間虧了一百多萬！

https://youtu.be/F9NYgWTvDyw

Property bubble burst and jobless is everywhere. stagflation is real.

Posted by IDQWE001 > 1 hour ago | Report Abuse

Evil axis very high unemployment rates, high unemployement rate or low unemployment rate go bankrupcy first ?

Those evils just want other countires failed regardless what data come out.

Posted by IDQWE001 > 1 hour ago | Report Abuse

qqq is the evil as well promoting killing and war.

New evil axis will be defeated by NATO for the crime of killing and invasion.

osted by IDQWE001 > 12 hours ago | Report Abuse

RUSSIAN Disaster as Current Account Falls 73%, Oil & Gas Income Down 45% & Economy Loses $29BN in Q1

https://youtu.be/Jk9GqL9Wsx4

Evil Putin ask for it, he is the one to be blamed for the war and killing.

Evils will be destroyed as per WW2.

Posted by IDQWE001 > 1 hour ago | Report Abuse

Wagner chief: We’re leaving Bakhmut over lack of ammunition

https://youtu.be/F0rkLBJxxwE

Evil Putin has not enough weapon, his evil army internal fighting with Wagner.

https://youtu.be/2XbfqWKQkN4

Only silly i.diots praying to politician.

Posted by IDQWE001 > 5 minutes ago | Report Abuse

Greatest Victory in Bakhmut: Ukrainian Army entered Russian trenches by crossing the Dnipro river!

https://youtu.be/4otjNv5oJZ4

The evil alliance will be defected as per WW2. Time is come

Posted by IDQWE001 > 33 minutes ago | Report Abuse

Red guard army only listen to they want to listen, just ignore them.

There is no logic that overseas must support CCP administration espeacially under Xi wolf warriors. CCP pushing all the neighbouring countries join alliance US against him. Silly

Posted by IDQWE001 > 1 minute ago | Report Abuse

Don't talk about chips if you don't know Nvidia.

Red guard army does not know AI chips, they only know low end "cheats". They don't know low end "cheats" will be affected also because the materials banned just started.

Posted by IDQWE001 > 38 minutes ago | Report Abuse

Collapse Irreversible! Pre-owned Housing Prices Plummeted by 50%! Bubble Burst, No More Demand!

https://youtu.be/P_3ZTl9YoPM

Red guard army don't believe the collapsing of property but dare not to buy in dip. Just talk but no action.

Posted by IDQWE001 > 9 hours ago | Report Abuse

Chinese TikToker CHAINED A WOMAN UP and made her give birth to 8 kids

https://youtu.be/mUsIa9CQ0dk

Very sickening human trafficking under CCP administration.

Posted by IDQWE001 > 9 hours ago | Report Abuse

Beijing is facing a loss of control over overseas students/Youths apologize to people in Hong Kong

https://youtu.be/a7CLn2tBIU4

Overseas Chinese don't support CCP.

Only red guard army supports CCP invasions.

Posted by IDQWE001 > 42 minutes ago | Report Abuse

This is the facts nothing to do with the race, nationality and religion. The evil supporter very anxious, angry and fear because he knows this is true and not discrimination.

The evil supporter very emotional jumping here and there, he knows what you said is true but he can't answer. very pity

Posted by IDQWE001 > 1 hour ago | Report Abuse

Why China’s massive surveillance cameras can’t find the missing teens

https://youtu.be/EpdrukZ6iIw

This is open secret in china, child missing is very serious social problem. CCP can set up police over sea but can't settle child missing problem.

Posted by IDQWE001 > 7 minutes ago | Report Abuse

Putin in TOTAL PANIC after this news:

The evil will eat his own bullets.

Posted by IDQWE001 > 1 hour ago | Report Abuse

中资地产商佳源国际 被香港法院下令清盘

Developers in payment default are real.

Posted by IDQWE001 > 2 hours ago | Report Abuse

Russia big brother reject his usage of nuclear weapon, the evil is doomed.

NATO supports Ukraine to take back eastern & Crimea, the evils are finished.

Posted by IDQWE001 > 16 hours ago | Report Abuse

China's Mortgage Crisis, Banks are Failing, Protests Everywhere. China's financial crisis is Here…

https://youtu.be/geXM0AWSLgo

The information is consistent and real.

TikTok Lookalike Guides Illegal Chinese Immigrants to Swarm Into US Through Southern Border

https://youtu.be/cyNGfYLfYig

Posted by IDQWE001 > 3 hours ago | Report Abuse

The evil suddenly realise they made mistake and made u-turn to go against their wolf warriors French ambassador, what a big joke. Evil supporters dont know how to response.

If someone wants to debate about the chips industry, he has to carry out some study on the technology update. Not only the chips 4, other counties provoked by the wolf warriors will join the queue. It is very cruel to tell further information.

Posted by IDQWE001 > 44 minutes ago | Report Abuse

eventually TV, radio, aircon upgrade to 7nm chips, the rest of low end chips can throw inside deep sea water. Let the evil manufacture low end chips.

If silly person just want to manufacture mature chips just let them carry on, don't wake them up. Evil supporters know it is the truth but can't change anything. It is silly to push all the neigboring countries to form alliance against hiself. what a great job of wolf warriors.