Trillion dollars flee: Chinese people try to move their money abroad (China Insights)
Chinese people and the government have been battling it out over foreign currencies for years. The Chinese are trying every means possible to convert the Renminbi they have into foreign currencies to preserve the value of their wealth.
China's national TV reported on October 29th that the Shanghai Public Security Bureau uncovered the first case of illegal exchange of foreign currency using game point cards.
Covering a wide range of stories about or related China and its role in the world.
Manufacturing and Foreign Capital are leaving/Foreign companies directly employ 45 million Chinese
Although it's not usually easy to relocate a business, in recent years a trend is forming for foreign companies to move out of China. Some U.S. companies have already started it after the U.S.-China trade war broke out in 2016. Now Korea and Japan, as well as some European countries, are joining the action. The Chinese Communist Party or CCP denied this trend on several occasions in August 2021, even calling it a rumor.
Since the early 2000s some China watchers have been predicting that the building boom would lead to a crash. Twenty years on they may have been proven right. Global China editor James Kynge and Beijing correspondent Sun Yu discuss what is happening in it's real estate sector, what that could do to China’s economy and means for the world.
I just scroll down without reading his articles. Whatever this kyy talk is rubbish just like himself. Look at AT, supermax he once promote. Don fall his trap!
uncensored,is right,on the other hand we have another exposure as follow 'Sslee, your doggy stockraider aka whistlebower99 aka thehoff aka JKPTR had 2 delete scenery's posts, to cover his spamming n sin for causing millions or ppl to lose huge amount of money in those penny stocks. Bec they undergone PP n share consolidation their worth increase hugely, his bosses wants to collect at low to manipulate price."
people like kyy, hugely and incorrectly understand the global macro-economic trend , no wonder they made some investment mistake.for kyy ,His time is over , and he could not understand it ,and would not accept it.
because of china , WHO failed to warn the whole world about how serious is the covid. I hope u can see these fact. and stop promoting how good is your china.
Also they cover up the covid disease in Wuhan initially . I hope you dun turn an blind eye on this. Next deadly virus mostly will come from china too.
don,t be silly, if your investment strategy based / leaning toword china consumerism, i am sure you will lost your pant.Only palmoil or food items can find strong demand there.china consumers mostly suck dry or drained in the extremely high cost ,property sector,since property sector collapsed,massive unemplyment engulfed china right NOW.
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Posted by enning22 > 2021-12-14 12:52 | Report Abuse
大外宣,辛苦了。