Posted by qqq47660 > 2023-12-07 22:11 | Report Abuse

Right now it is finance capitalism of America Vs real economy and socialism with Chinese characteristics of China...and China has all the right foundations to continue to prosper

Posted by qqq47660 > 2023-12-07 22:13 | Report Abuse

Right now, China is under attack by western media.

Stock market America still has advantage. Under constant media attack, it's becomes a negative feedback loop for China.....but for real economy, the western media has much less influence

Posted by qqq47660 > 2023-12-07 22:29 | Report Abuse

long term success or failure of China will be based on Xi Jinping's made in China 2025 , chips, automations, self driving cars, AI, robotics , green technology and IR 4.0 technologies.

Posted by qqq47660 > 2023-12-07 22:30 | Report Abuse

in other words, its about technology prowess of China.

Posted by IDQWE001 > 2023-12-07 22:43 | Report Abuse

Posted by foongsh > 52 minutes ago | Report Abuse

Moody’s also slashed its outlook for 22 Chinese local government financing vehicles to negative from stable. EV is losing money, local governments in bad debts no more money financing EV.

Both local governments and Ev going bankrupcy.

Posted by IDQWE001 > 2023-12-07 22:46 | Report Abuse

4 majoar Chinese lenders, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank Corporation.

The other banks on the list were China Development Bank, Agricultural Development Bank of China, the Export-Import Bank of China, and Postal Savings Bank of China Co.

Look at their price to book value very low due to non performance loans. No wonder stock price so low, really rubbish.

Posted by IDQWE001 > 2023-12-07 22:48 | Report Abuse

Posted by foongsh > 52 minutes ago | Report Abuse

Hong Kong downgraded too because of lending too much money to cheating CCP developers. CCP a big blood suckers.

Just look at the HSI telling the whole story money got stolen by CCP.

Posted by qqq47660 > 2023-12-07 23:24 | Report Abuse

don't have to worry about Hang seng Index. HSI has seen more up and down than this.

Posted by qqq47660 > 2023-12-07 23:25 | Report Abuse

finance jobs are expanding in HK as HK takes on a more important role in the Bay area.

Posted by qqq47660 > 2023-12-07 23:27 | Report Abuse

the future of HK lies in the integration with the Bay area.

Posted by IDQWE001 > 2023-12-08 08:54 | Report Abuse

Moody's placed the ratings of 26 Chinese local government financing vehicles (LGFVs) on review for a downgrade, while changing the ratings outlook of another 22 LGFVs to negative from stable. It maintained a negative outlook for one other LGFV, Tianjin Binhai New Area Construction & Investment Group.

Posted by IDQWE001 > 2023-12-08 08:54 | Report Abuse

Under pressure to hit growth targets, regional authorities instead created LGFVs, which allowed them to raise funds and invest in infrastructure outside official budgets. But these entities ended up shouldering hidden debt not reflected in government data.

The IMF estimates that China's LGFVs hold 66 trillion yuan in debt. This is more than the 30 trillion yuan held by the national government, or the 40 trillion yuan by regional governments.

Total liabilities at Tianjin Infrastructure Investment Group, believed to be China's largest LGFV, came to 623.7 billion yuan as of the end of September -- roughly a quarter of the 2.39 trillion yuan for embattled developer China Evergrande Group.

Meanwhile, the city of Tianjin reported a 5.8% decrease in general revenue in 2022 to 184.6 billion yuan while its government-managed fund revenue, which largely consists of sales of land-use rights to developers, plunged 62.4% to 42.3 billion yuan.

Other cities have also seen finances take a hit from the downturn in the property sector.

Posted by IDQWE001 > 2023-12-08 08:55 | Report Abuse

It is dead Bay.

Posted by qqq47660 > 2023-12-08 09:59 | Report Abuse

Taiwan will be integrated too

Posted by qqq47660 > 2023-12-08 10:09 | Report Abuse

If one government body owes money to another government body what's the big deal?

Posted by qqq47660 > 2023-12-08 10:13 | Report Abuse

Plenty of room for local government to increase tax revenue because it is very low or non existent...if they want to.

Posted by foongsh > 2023-12-08 11:38 | Report Abuse

The IMF estimates that China's LGFVs hold 66 trillion yuan in debt. This is more than the 30 trillion yuan held by the national government, or the 40 trillion yuan by regional governments.

Worse than 3rd world countries.

Posted by IDQWE001 > 2023-12-08 11:59 | Report Abuse

The Story Behind China’s 600-Metre Abandoned Skyscraper

https://youtu.be/lLzJpCd5X9g?si=yqCKLv2pdg9oz3qI

expecting more white elephants and ghost cities in CCP.

Posted by qqq47660 > 2023-12-08 12:12 | Report Abuse

Hu jintao Jiang Jemim era..China calls it cowboy era when every thing also can. Corruption everywhere, pollution everywhere. America loves it. A
America loves it even more if China goes back to 1900 poverty

Posted by qqq47660 > 2023-12-08 12:14 | Report Abuse

Several years ago, China started o ban construction of buildings above a certain height

Posted by qqq47660 > 2023-12-08 12:16 | Report Abuse

More zoning laws and construction height have been implemented several years already

Posted by IDQWE001 > 2023-12-08 12:25 | Report Abuse

Ke Lingling, ex-wife of Xi, divorced and moved to UK.

Xi Mingze , daugter of Xi, studied in US and migrated there

Qi Qiaoqiao, sister of Xi, Canada resident

Deng Jiagui, brother in-law, Canada resident

Xi Yuanping, younger brother of Xi, Australia resident

Daniel Foa, nephew-in-law of Xi, British

The entire family of Xi are Western related.

"Being Anti-America Is Work , Living In America Is Life". The principle of CCP.

Why not Russia, North Korea, Iran because Xi family love Western.

Silly Xi and family love westerns.

Posted by IDQWE001 > 2023-12-08 12:27 | Report Abuse

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

CCP loves America and bring more corrupted money to America. CCP makes America great again. White elephants and ghost cities are a scam.

Posted by qqq47660 > 2023-12-08 13:07 | Report Abuse

before 2000, China faces a brain drain.....recent years its reverse brain drain into China.

Posted by qqq47660 > 2023-12-08 14:00 | Report Abuse

So funny China 5% Gdp growth for a large economy is good already, not economy in collapse

Posted by qqq47660 > 2023-12-08 14:01 | Report Abuse

Even even better for China is the advances in critical technology this year

Posted by qqq47660 > 2023-12-08 14:03 | Report Abuse

Property slump may take a few years. But this is good for the younger generation and transitioning to a sustainable development

Posted by qqq47660 > 2023-12-08 14:05 | Report Abuse

China is a socialist country. Everyone should have a roof is very important

Posted by qqq47660 > 2023-12-08 14:10 | Report Abuse

Taiwan is a rich province but public infrastructure is far behind China cities.

Posted by qqq47660 > 2023-12-08 14:12 | Report Abuse

Taiwan politicians are more interested in getting elected than on solving problems

Posted by qqq47660 > 2023-12-08 14:14 | Report Abuse

DPP politicians more interested in propaganda work than on solving problems

Posted by IDQWE001 > 2023-12-08 14:20 | Report Abuse

CCP love US dollar and America.

Posted by IDQWE001 > 2023-12-08 14:22 | Report Abuse

Xi Family loves Western. His niece anti local chinese but love British, very soon she will migrate to UK.

Posted by IDQWE001 > 2023-12-08 14:24 | Report Abuse

Apple aims to build more than 50 million iPhones annually in India - WSJ

(Reuters) - Apple (NASDAQ:AAPL) and its suppliers aim to build more than 50 million iPhones in India each year, within the next two-to-three years, with additional tens of millions of units planned thereafter, the Wall Street Journal reported on Thursday citing people involved.

Posted by qqq47660 > 2023-12-08 14:50 | Report Abuse

Assembly for apple is low down the priority for China...
So ir 30 . China is aiming for ir 4.0

Posted by IDQWE001 > 2023-12-08 15:50 | Report Abuse

Chinese Smartphone Brands Face Regulatory Issues Amid India-China Tensions

While Chinese smartphone brands like Vivo have made inroads in India’s booming mobile market, the companies are facing a rocky terrain due to heightened geopolitical tensions between the two nations.

Last December, Indian customs officials detained almost $15 million worth of Vivo’s smartphones
Vivo recently voiced its commitment to support four of its executives who were arrested in India. This comes on the heels of a series of actions taken by Indian authorities against Chinese tech firms, including Vivo, Xiaomi, and Huawei, mostly on charges of financial irregularities such as money laundering. Vivo was already in hot water last December when Indian customs officials detained nearly $15 million worth of its smartphones at a New Delhi airport, affecting its export plans.

Posted by IDQWE001 > 2023-12-08 15:51 | Report Abuse

With the supply chain restructuring India is having local brands. CCP handphone brands kick out from India.

Posted by IDQWE001 > 2023-12-08 15:52 | Report Abuse

Nifty 50 crosses the 21,000 mark in 61 sessions from 20,000; Here's how much higher it can go

The Nifty 50 index crossed the 21,000 mark on Friday, 61 sessions after it first scaled the 20,000 mark on September 11 this year.

Posted by IDQWE001 > 2023-12-08 15:55 | Report Abuse

Strong FDI and exports driving the strong stock markets. No wonder 2nd and 3rd generation of red army and silly evil Xi close family migrated to Westerns.

Posted by qqq47660 > 2023-12-08 19:54 | Report Abuse

Everyday that passes, China technology prowess will have improved a bit. It a whole nation approach

Posted by qqq47660 > 2023-12-08 21:10 | Report Abuse

u cannot defeat 1.4 billion people when they are united.

Posted by IDQWE001 > 2023-12-08 23:02 | Report Abuse

1. Kong Dongmei, granddaughter of Mao Zedong
2. Deng Zhifanf, son of Deng Xiaoping
3. Deng Zhuodi, grandson of Deng Xiaoping
4. Zhuo Yue, granddaughter of Deng Xiaoping
5. Jiang Mianheng, eldest son of Jiang Zemin
6. Jiang Zhicheng, grandson of Jiang Zemin
7. Hu Haiqing, daugter of Hu Jintao
8. Xi Mingze, daugter of Xi Jinping
9. Yang Jiechi, senior member of CCP entire family
10. too many just ignore the rest

CCP very united betrayed local chinese and migrated to America,

Posted by IDQWE001 > 2023-12-08 23:20 | Report Abuse

Ke Lingling, ex-wife of Xi, divorced and moved to UK.

Xi Mingze , daugter of Xi, studied in US and migrated there

Qi Qiaoqiao, sister of Xi, Canada resident

Deng Jiagui, brother in-law, Canada resident

Xi Yuanping, younger brother of Xi, Australia resident

Daniel Foa, nephew-in-law of Xi, British

The entire family of Xi are Western related.

"Being Anti-America Is Work , Living In America Is Life". The principle of CCP.

Why not Russia, North Korea, Iran because Xi family love Western.

Silly Xi and family love westerns.

Xi family very united anti Chinese pro Westerns. All his family related ro Westerns.

Posted by qqq47660 > 2023-12-09 00:51 | Report Abuse

Keep creating enemies u will get an enemy

Posted by foongsh > 2023-12-09 07:48 | Report Abuse

Xi family and CCP very friendly to Westerns and America.

Posted by qqq47660 > 2023-12-09 12:50 | Report Abuse

Xi and the CPC is very friendly with everyone. The golden rule is mutual respect and win win.

Posted by qqq47660 > 2023-12-09 12:52 | Report Abuse

The pla prefer no war and also not fear war if it comes

Posted by qqq47660 > 2023-12-09 12:53 | Report Abuse

Mutual respect but if America harms China, they will fight back

Posted by IDQWE001 > 2023-12-09 13:06 | Report Abuse

fight back ? more CCP and Xi family members prefer to stay in democratic countries.

Posted by qqq47660 > 2023-12-09 13:22 | Report Abuse

well, the CPC prefers peace but if war comes the CPC do not fear war.