Posted by qqq47660 > 2024-01-19 16:37 | Report Abuse

America has lost
Just wait for 2030 I think by then there will be revolution in America

Posted by qqq47660 > 2024-01-19 16:38 | Report Abuse

Biden try to copy China in having industrial policy. But America will fail

Posted by qqq47660 > 2024-01-19 16:40 | Report Abuse

Trump will win and be president. And nobody can predict what the madman will do.

Posted by qqq47660 > 2024-01-19 16:47 | Report Abuse

China will continue to produce stuffs that benefit the world and increasing with own brands and own technology.. that is how China escapes from the middle income trap

Malaysia can do the same?

Posted by qqq47660 > 2024-01-19 16:52 | Report Abuse

The age of liberal is over. The age of China has just begun

Posted by eastern_joy > 2024-01-19 16:59 | Report Abuse

and Malaysia brain migrations continue...

Posted by qqq47660 > 2024-01-19 17:16 | Report Abuse

China is so far ahead of Anglo Saxons in infrastructure it is scary.

Posted by qqq47660 > 2024-01-19 17:22 | Report Abuse

Malaysia brain migrations continue...
++++



My children says half their schools mates are in Singapore

Posted by Jefftan123 > 2024-01-19 17:25 | Report Abuse

China’s benchmark 10-year government bond yields this week approached the modern record low of under 2.5%—hit during the initial Covid-19 crisis. In Japan’s case, 10-year yields sank through 2.5% in 1997 and never looked back.

Posted by qqq47660 > 2024-01-19 17:47 | Report Abuse

Interest rate go south is ok the poor people will not complain if interest rates go south


why u want interest rates to go north when there is no inflation in China?

Posted by qqq47660 > 2024-01-19 19:31 | Report Abuse

https://www.youtube.com/watch?v=gRWzIVSbAAM

Posted by Jefftan123 > 2024-01-19 20:12 | Report Abuse

Li argues that there’s a three-part solution for China’s local debtload, which his analysis showed amounted to 88% of gross domestic product as of 2020. That’s notably larger than previous estimates by the International Monetary Fund. (It would have been all the bigger in Li’s worst-case estimate of $14 trillion worth of debt.)

Posted by qqq47660 > 2024-01-19 20:25 | Report Abuse

China debts. City debts............... people can see where the money go to, people can touch it, benefit from it.

America debts...............GDP 10 trillion usd at 2000 to 24 trillion now, US Federal debts at 34 trillion usd now, not even counting city debts....where did the money go? most of it disappeared into wars of all sorts. people benefit from any of that?

Posted by Jefftan123 > 2024-01-20 08:28 | Report Abuse

First would be to have the central government simply take over part of the local authorities’ obligations. There have been signs in recent months that President Xi Jinping’s team is indeed thinking along these lines, though policymakers in Beijing have long sought to maintain the central government’s relatively low debt-to-GDP ratio.

Posted by qqq47660 > 2024-01-20 11:25 | Report Abuse

There are the short termers and virtual economy

There are the long termers and the CCP planners

https://www.youtube.com/watch?v=gRWzIVSbAAM

Posted by Jefftan123 > 2024-01-20 22:50 | Report Abuse

Li’s second step is to extend the duration of debt, something that is under way through a variety of swap programs—some at the local level and some involving the central bank.

The third component, however, would require a significant ideological shift. That would involve selling off state assets. In Japan, that was one component of the eventual solution to its own bad-debt mountain under Prime Minister Junichiro Koizumi, in the years before the global financial crisis. (A policy option Tokyo is looking at again.)

But far from embracing privatization, Xi’s regime has tilted instead toward elevating the role of the state. It seems hard to envision a dose of 1980s Thatcherism to reduce debt and energize the private sector.

Which all magnifies the risk of a dynamic in China’s financial system that limits the economy’s potential in coming years.