Posted by qqq47660 > 2024-01-02 15:22 | Report Abuse

GDP is important but GDP is not every thing.

American GDP vs China gdp. America GDP is about wars, weapons of wars, cost of living several X of China, that is not the kind of gdp China wants.

Posted by qqq47660 > 2024-01-02 15:24 | Report Abuse

when america prints money and spend , that is also GDP but not the kind of gdp China wants.

Posted by qqq47660 > 2024-01-02 15:39 | Report Abuse

https://www.youtube.com/watch?v=D-6dY3MaqYo

Posted by IDQWE001 > 2024-01-02 17:30 | Report Abuse

Chinese yuan falls on weak PMI data
The Chinese yuan was among the worst performers for the day, falling 0.4% as official purchasing managers index data showed further deterioration in manufacturing activity.

While a private survey showed some strength in the sector, growth still remained largely modest, while employment and inflation failed to pick up substantially. The readings indicated little signs of recovery in Chinese economic activity at the end of 2023.

The PBOC set a slightly stronger daily fix for the yuan, following the dismal data. But the moved only slightly stemmed losses in the currency.

The yuan was among the worst-performing Asian units in 2023, down over 3% as a post-COVID Chinese economic recovery largely failed to materialize.

Posted by foongsh > 2024-01-02 17:32 | Report Abuse

Weak PMI due to global supply chain restructuring and weak domestic demands.

Posted by IDQWE001 > 2024-01-02 17:38 | Report Abuse

Korea’s Kospi Stock Index Heads for 19-Month High

South Korea’s stock benchmark reached its highest closing level since June 2022 amid foreign investor demand for chipmakers, as the nation kept a short-selling ban in place.

The Kospi index climbed 0.6% on Tuesday. Samsung Electronics Co. and SK Hynix Inc. have been the biggest drivers of the measure’s recent gains, with the two semiconductor stocks drawing more than $3 billion in combined net inflows from overseas funds in the last quarter of 2023, boosted by optimism around artificial intelligence and improving chip demand.

Posted by IDQWE001 > 2024-01-02 17:39 | Report Abuse

Stay with strong and solid alliance never follow the power crazy dictator evil Xi. This is the moral of the story.

Posted by prudentinvestor > 2024-01-02 21:13 | Report Abuse

Stay with senile Biden to supply offensive weapons to Israel to kill innocent Palestinians. Stay with the crazy US government to supply more guns to its own people to kill themselves and others.

Posted by qqq47660 > 2024-01-02 21:40 | Report Abuse

two separate issues.

real economy, China no problem. Will do well.

financial assets. In finance, cannot discount the outsize roles that Wall Street plays. Wall Street is still masters of the universe. But this has also given China/ HK assets a once in a life time chance to buy assets at huge discounts. ...and wall street masters of the universe can also change their stance all the time.

Posted by qqq47660 > 2024-01-02 21:44 | Report Abuse

Biden want to kill China. But Biden cannot control the global south and that is where 90% of the people lives and the global south are the fastest regions of the world and economic co operation between global south and China is getting stronger not weaker.

Posted by qqq47660 > 2024-01-02 21:45 | Report Abuse

G7 is dying...everyone knows that already. Smarter to deal with tomorrows economies , not the economies of the past.

Posted by qqq47660 > 2024-01-02 21:50 | Report Abuse

de dollarisation and de Chinafication.

decoupling from China will not work. Its already too late for that. 20 years ago maybe can

de dollarisation ..............still waiting what 2024 brings. Once dollar starts weakening, its game over for americans and american living standards , and America will face a revolution.

Posted by foongsh > 2024-01-02 21:59 | Report Abuse

Posted by IDQWE001 > 4 hours ago | Report Abuse

Korea’s Kospi Stock Index Heads for 19-Month High

Very strong, better than those back to year 1997. 🤣🤣

Posted by IDQWE001 > 2024-01-02 22:12 | Report Abuse

Chinese stocks remain unloved among global funds amid concerns about banking crisis, property market risks: BofA surveys。
-Concerns about banking crisis and property market slump keep investors at bay even as valuations dive: Bank of America survey
-The pool of bulls on China has shrunk even to level below October 2022 before Beijing abandoned its zero-Covid policy

Posted by qqq47660 > 2024-01-03 11:08 | Report Abuse

It's call negative feedback loop. Western media very anti China, people starts selling, dropping share prices creates its own negative feedback.

That is what Americans want.

But China real
economy is the most resilient in the world and will continue to do well.

Now it has come to the stage where HK China offers once a lifetime opportunity to buy shares cheap.

Posted by IDQWE001 > 2024-01-03 12:36 | Report Abuse

BEIJING: China's average daily home sales during the three-day New Year holiday in 40 cities, based on floor area, fell 26 per cent compared with the same period last year, a survey showed on Tuesday.

Sales fell the most in smaller cities, dropping 50 per cent during the holiday, according to data from the China Index Academy, one of the country's largest independent real estate researchers.

"Shifts in residents' expectations and policy support are key to real estate stabilisation in 2024," the firm said.

For 2024, the firm said it expected more easing of restrictive property policies, with full relaxation on home buying curbs in second-tier cities.

Authorities in recent months have been rolling out measures to support the crisis-hit property market.

Top Chinese leaders at a key meeting in December to chart the economic course for 2024 pledged to resolve real estate risks and promote stable and healthy development of the market. - Reuters

Posted by IDQWE001 > 2024-01-03 12:38 | Report Abuse

Resolve real estate risks by easing of restrictive property policies, with full relaxation on home buying curbs in second-tier cities. Property prices still dropping from 26 to 50%.🤣🤣

Posted by qqq47660 > 2024-01-03 13:30 | Report Abuse

property crisis will not spread to other sectors because no sub prime loans. Average loan to assets ratio is 40% due to large down payments and strong regulations. Total property loans is 6% of total assets of banks. China still has 600 million people migrating to cities in coming years. anyway, it is exactly what the government wanted.

Posted by foongsh > 2024-01-03 13:49 | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

Resolve real estate risks by easing of restrictive property policies, with full relaxation on home buying curbs in second-tier cities. Property prices still dropping from 26 to 50%.🤣🤣

only silly fool like qqq thinking property prices dropped so much and keep on saying no effect. Useless CCP could not resolve the real estate bubble even trying very hard for years. worse than 3rd world countries.

Posted by qqq47660 > 2024-01-03 15:41 | Report Abuse

property market. malaysia property market better meh?

Posted by IDQWE001 > 2024-01-03 17:14 | Report Abuse

Posted by foongsh > 3 hours ago | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

Resolve real estate risks by easing of restrictive property policies, with full relaxation on home buying curbs in second-tier cities. Property prices still dropping from 26 to 50%.🤣🤣

only silly fool like qqq thinking property prices dropped so much and keep on saying no effect. Useless CCP could not resolve the real estate bubble even trying very hard for years. worse than 3rd world countries.

Only silly fool think that negative asset is good. Lol.

Posted by IDQWE001 > 2024-01-04 14:54 | Report Abuse

Chinese stocks slide as Fitch downgrades 4 major asset managers
China's bluechip Shanghai Shenzhen CSI 300 index was the worst performer in Asia on Thursday, losing 1.4% and hovering above a five-year low, while the Shanghai Composite index dropped 0.9%.

Fitch downgraded the ratings of four Chinese state-owned asset managers by one level, and put three of the four firms on watch for more potential downgrades.

The ratings agency cited increasing pressure on the four from an ongoing slump in the property market, as well as increased uncertainty over the government's ability to support the finances of the asset managers. This in turn presented uncertainty over the ability of the state-backed firms to snap-up non-performing assets from the open market, which bodes poorly for China's financial markets.

The downgrade presents another blow to sentiment towards China, and also comes a few weeks after Moody's (NYSE:MCO) warned of a potential downgrade to China's sovereign rating.

Posted by prudentinvestor > 2024-01-04 15:41 | Report Abuse

IDQWE007, you are pathologically obsessed with China. Pay some attention to events in the Middle East, India and the US. Over 20,000 Palestinians have lost their lives so far as a result of Israel's indiscriminate bombings. In India, 20 women die every day as a result of Dowry related harassment – either murdered, or compelled to commit suicide. In the US last year over 40,000 Americans died in gun violence.

Posted by foongsh > 2024-01-04 16:10 | Report Abuse

Posted by IDQWE001 > 1 hour ago | Report Abuse

Chinese stocks slide as Fitch downgrades 4 major asset managers

Downgraded again. very pity

Posted by foongsh > 2024-01-04 18:47 | Report Abuse

Fitch downgrades 4 Chinese national asset managers, warns of more cuts

Fitch said on Thursday it had downgraded the issuer default ratings of four Chinese national asset management companies and flagged more potential downgrades on expectations of weaker government support and headwinds from a property market slump.

The ratings agency downgraded the IDRs of China Cinda Asset Management (HK:1359) and China Orient Asset Management Co to ‘A-’ from ‘A’, while the ratings of China Huarong Asset Management Co Ltd (HK:2799) and China Great Wall Asset Management were cut to ‘BBB’ from ‘BBB+’.

Posted by qqq47660 > 2024-01-05 21:41 | Report Abuse

taiwan gdp down from 6.5% in 2021 to 2% in 2023

but no taiwan collapse articles.

goes to show stock market is about fund managers not about real economy.

Posted by qqq47660 > 2024-01-05 22:56 | Report Abuse

China's scary plan to take over the world auto industry is WORKING

nothing america europe japan can do .

Posted by qqq47660 > 2024-01-05 22:56 | Report Abuse

https://www.youtube.com/watch?v=P5-QWWimcno

Posted by foongsh > 2024-01-06 07:52 | Report Abuse

Fitch also said that China Cinda’s outlook was maintained at ‘stable’, while the other three asset managers were placed on Rating Watch Negative, which potentially heralds a further downgrade to their IDRs. The ratings agency said it was awaiting financial results for end-2023 to gauge whether there was any further deterioration.

Fitch said the downgrade was driven by increased uncertainty over potential government support for China’s major national asset managers, as well as a change in the criteria under which it viewed their standalone credit profiles.

Posted by IDQWE001 > 2024-01-06 07:58 | Report Abuse

Teardown finds Huawei's 5nm notebook processor was made in Taiwan, not China
Stockpiled TSMC silicon from 2020 shock! Teardown finds Huawei's 5nm notebook processor was made in Taiwan, not China. Fri 5 Jan 2024
CCP "cheat".🤣🤣

Posted by qqq47660 > 2024-01-06 09:10 | Report Abuse

1 Huawei equivalent to apple, Qualcomm Nvidia Microsoft Erikson Nokia, Google and all tech companies in America.

Posted by qqq47660 > 2024-01-06 09:12 | Report Abuse

Huawei has also emerged as major player in EV landscape

Posted by IDQWE001 > 2024-01-06 11:41 | Report Abuse

Did Huawei's domestic fab partners somehow develop the means to mass produce a 5nm laptop chip in spite of US sanctions designed to prevent just that? No, they most certainly did not.

According to a teardown of Huawei's Qingyun L540 notebook by testers at TechInsights, the mysterious 5nm Kirin 9006C processor it contained was actually manufactured by Taiwan Semiconductor Manufacturing Co, not from a Middle Kingdom manufacturer.

Posted by qqq47660 > 2024-01-06 12:54 | Report Abuse

America afraid of Huawei
Huawei not afraid of sanctions

Posted by IDQWE001 > 2024-01-06 13:55 | Report Abuse

When the 14-inch ultralight first appeared in early December, the presence of a 5nm processor spurred furious speculation that China's domestic semiconductor manufacturing capability was far more advanced than previously thought.

This speculation was understandable as just a few months earlier, Huawei had launched the Mate 60 Pro smartphone powered by a 7nm system on chip apparently manufactured by China's Semiconductor Manufacturing International Co. (SMIC).

Posted by IDQWE001 > 2024-01-06 13:57 | Report Abuse

under sanction SMIC not able to manufacture 5nm processor although CCP claimed that they made it.

Posted by prudentinvestor > 2024-01-06 14:46 | Report Abuse

You can't prevent others from progressing. It won't succeed. Just ask Jeffrey Sachs. If the US pushes too hard, China would just stop the export of rare earths all together or stop cooperation on other issues.

Posted by qqq47660 > 2024-01-06 15:09 | Report Abuse

When the going gets tough, the tough gets going...that is Huawei

Posted by qqq47660 > 2024-01-06 15:10 | Report Abuse

What don't kill China makes China stronger

Posted by qqq47660 > 2024-01-06 15:12 | Report Abuse

10 years will pass very fast.

And by 2034, China is so far ahead it will be unrecognisable

Posted by IDQWE001 > 2024-01-06 18:21 | Report Abuse

SMIC had been rumored to have developed the means to produce 7nm process tech for some time, but Huawei's Kirin 9000S was one of the first examples of it being put into production. But the 9006C looks to be a different story.

An investigation into the underlying silicon's origin showed, that "analysis confirms with high confidence that the HiSilicon Kirin 9006C is indeed manufactured by TSMC, dispelling debates about SMIC involvement."

Posted by IDQWE001 > 2024-01-06 18:22 | Report Abuse

too bad not manufactured by SMIC but CCP keep on telling lies.

Posted by qqq47660 > 2024-01-06 21:05 | Report Abuse

The most likely answer is the 5 nm chips come from Huawei own fabs.

Posted by qqq47660 > 2024-01-06 21:07 | Report Abuse

Anyway within 10 years, Huawei will have better chips than silicon chips. So many alternative are being explored

Posted by IDQWE001 > 2024-01-07 08:00 | Report Abuse

The notebooks' processor bears a strong resemblance to the HiSilicon Kirin 9000 which was packaged in the 35th week of 2020, the team concludes. "The die uses the same BEOL [back end of line] stack and process node that TechInsights has reported for the Kirin 9000 processor."

In the years since Huawei attracted the US' ire, both the Trump and Biden administration have steadily ratcheted up export controls on Chinese designers developing domestic semiconductors. Recently Biren and Moore Threads, two of the Middle Kingdom's more promising GPU vendors, faced similar sanctions after the US Commerce Department named both on its "Entities List."

Huawei "cheats". 🤣🤣

Posted by qqq47660 > 2024-01-07 16:05 | Report Abuse

Huawei is a miracle company.... America very scared of Huawei

Posted by qqq47660 > 2024-01-07 16:09 | Report Abuse

Huawei has faced the sanctions and come out even stronger

Posted by qqq47660 > 2024-01-07 16:16 | Report Abuse

Huawei is just one company but still manage to build it's own supply chain including software, software tools, materials, and more than 20000 patents. Huawei puts apple to shame in terms of science and technology innovations

Posted by prudentinvestor > 2024-01-07 16:21 | Report Abuse

Huawei "cheats"
IDQWE007, the world's biggest cheater is the US. It prints money to pay its creditors.

Posted by foongsh > 2024-01-07 17:11 | Report Abuse

Posted by IDQWE001 > 1 day ago | Report Abuse

Teardown finds Huawei's 5nm notebook processor was made in Taiwan, not China
Stockpiled TSMC silicon from 2020 shock! Teardown finds Huawei's 5nm notebook processor was made in Taiwan, not China. Fri 5 Jan 2024
CCP "cheat".🤣🤣

It is cheating to claim the 5nm chips made in China. What a shame.