Chinese Economics Thread

[Jura The idiot]

guess it's significant (I heard earlier today, but don't recall where)

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[Jura The idiot]

it's mostly about the coronavirus (before reading I thought it'd be mostly about preparating a Chinese rebound), actually cautious

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[Jura The idiot]

Jan 15, 2020

wow,
Phase one deal should be cherished
so follow the link

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if interested

now

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[Jura The idiot]

probably believable

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[Jura The idiot]

$3t forex inside

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[Jura The idiot]

the SCMP made it spicey
Coronavirus: China’s economy suffers dramatic collapse in January, February in warning to rest of world

• Combined data for January and February showed that industrial production, retail sales and asset investment all declined far more than analysts expected
• Lockdowns to control the coronavirus proved to be a constraint to economic growth, but with China now in recovery, data suggests what rest of the world could expect

so follow the link

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if interested

 

[Jura The idiot]

... and now the PR description appeared in Economic Watch: China readies stronger policies to revive economy as virus disrupts activities
Xinhua| 2020-03-16 15:26:33

confirms much bigger dip than expected for instance yesterday

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the link is

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[Jura The idiot]

... and
SSE Composite Index (000001.SS)

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didn't react much:
2,789.25
-98.17 (-3.40%)
At close: 3:00PM CST


but I'm guessing the NYSE is going to be fun later in the day: Today at 7:31 AM

...

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making me wonder if Dow loses two-thousand points again today or crashes altogether (LOL)

 

[Jura The idiot]

Coronavirus: China’s small factories brace for ‘big hit’ as pandemic erodes overseas demand

• China says 60 per cent of small firms back at work, but many report orders from Europe and US are drying up as virus spreads around the globe
• Others fret that the outbreak may prompt multinational companies to reduce their reliance on Chinese-made products

sounded circumstantial to me, anyway follow the link

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if interested

 

[Rettam Stacf]

Not sure where to put this. So this thread is as good as any other.

The world now has 100 self-made female billionaires. China has 61, US has 19, UK 6 and India 2. Of the top 10 richest on the list, China has 9 and US has 1 (#5).

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