China Economic News

[Behappyalways]

Pakistan’s Bailout Is Really China’s
https://www.bloomberg.com/view/articles/...ly-china-s

[Behappyalways]

2018.08.05【文茜世界財經週報】中共政治局部署下半年經濟　中美貿易戰硬碰硬
https://www.youtube.com/watch?v=j4j7mSvD...xu&index=3

[Behappyalways]

Hype of China technology stocks risks a replay of the 2000 US dotcom crash
https://www.msn.com/en-sg/news/other/hyp...ar-BBM333F

[Dosser]

Hype of China technology stocks risks a replay of the 2000 US dotcom crash
https://www.msn.com/en-sg/news/other/hyp...ar-BBM333F

SCMP has other dire warnings at the moment:

https://www.scmp.com/comment/insight-opi...new-normal

https://www.scmp.com/business/global-eco...ather-find

The trouble is, they may be right. After 10 years of ultra low interest rates there has been a lot of mis-allocation of capital. Now, with the Fed remorselessly tightening, the chickens are going to come home to roost, and sooner rather than later.

[Behappyalways]

Movie madness: Why Chinese cinemas are empty but full
https://www.bbc.com/news/blogs-china-blog-45318316

[weijian]

The Top10 in 2018 are all tech firms, so probably it is more of a "year of tech" effect that causes Nike/BMW and co to drop out? On the other hand, Apple's drop out might be worrying but Apple has positioned themselves as a niche product in China and been niche has a competitive moat in China

Sorry Apple and Ikea, Chinese Shoppers Don't Love You Anymore

https://www.bloomberg.com/news/articles/...ou-anymore

[Behappyalways]

Can you believe this????


‘Students’ in CCTV show on Xinjiang’s ‘re-education centre’ say they’re happy & grateful to the Communist Party. Netizens respond.
https://mothership.sg/2018/11/xinjiang-r...ntre-cctv/

[Wildreamz]

Can you believe this????


‘Students’ in CCTV show on Xinjiang’s ‘re-education centre’ say they’re happy & grateful to the Communist Party. Netizens respond.
https://mothership.sg/2018/11/xinjiang-r...ntre-cctv/

Thanks. Wasn't aware of this, genuinely disgusted. https://en.wikipedia.org/wiki/Xinjiang_r...tion_camps

[Behappyalways]

返國探親受無故監禁毒打
維族女遭中共迫害　子死女盲夫被囚
https://hk.news.appledaily.com/internati...3/20544702

[Luke]

China's economy is much more exposed to the housing market than west economies are.
While the common american invests his savings mostly in stocks (and europeans invest their savings mostly in governmental bonds), the common chinese invests his savings mostly in real estate (well, buildings, since the land belongs to the government).

for the Chinese population, and growing middle class, to keep spending vibrant and borrowing elevated, it had to feel comfortable and confident that its wealth would keep rising. However, unlike the US where the stock market is the ultimate barometer of the confidence boosting "wealth effect", in China it has always been about housing as three quarters of Chinese household assets are parked in real estate, compared to only 28% in the US, with the remainder invested financial assets.

How long China will be able to avoid a sharp price decline remains to be seen, but in the meantime another problem faces China's housing market: in addition to being the primary source of household net worth - and therefore stable and growing consumption - it has also been a key driver behind China's economic growth, with infrastructure spending and capital investment long among the biggest components of the country's goalseeked GDP.

https://www.zerohedge.com/news/2018-11-1...-are-empty









(Apologize for not being able to shrink the images)