PiSigma
"the engineer"
Didnt Simillac have all those quality issues earlier this year where they had all kinds of bacteria found in the formula? I remember it killed several babies in the US. So a company like that leaving is good news.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
supercat
Major
Despite U.S. sanction, Xinjiang's foreign trade increased almost 60%.
4 out of 10 stock exchanges are in China ..
They do a lot of volume, but it's very hard for international investors to get involved. I spoke with a colleague yesterday about Shanghai Petroleum and natural gas exchange and it's one that's really hard to also get involved into. I was also told that it's different from trading oil & ng on Shanghai Futures Exchange.
The key is getting more traffic through HK connect. They have a bond connect on top of the stock connect for the onshore stuff.
Looks like the connect really opened in July. This is like a big step for them to open up their domestic financial market.
The caution is that derivative product gets ultra complicated and out of control really quickly. In America, the derivative market has basically taken over financial market.
But overall, it seems like they are opening up their financial market. They are realizing that they have to do that in order to get more people to use RMB and invest in China and such. This is quite important if you want more controls to use Yuan and CIPS.
The key is getting more traffic through HK connect. They have a bond connect on top of the stock connect for the onshore stuff.
Looks like the connect really opened in July. This is like a big step for them to open up their domestic financial market.
The caution is that derivative product gets ultra complicated and out of control really quickly. In America, the derivative market has basically taken over financial market.
But overall, it seems like they are opening up their financial market. They are realizing that they have to do that in order to get more people to use RMB and invest in China and such. This is quite important if you want more controls to use Yuan and CIPS.
In4ser
Junior Member
I’m worried about the precedence, granted I’ve used options myself but I’ve also know someone who bankrupted himself on derivative instruments. Better to keep that speculation for international investors in HK stock exchange and investment for the domestic stock markets. Growth is always tied with risk. The more growth, the greater the risk. The pursuit of high growth and risk aversion is what lead to the financialization of the West.
It's a shock these days to read when a company exits a country due to competition and not being banned. I almost forgot that in some corners there is actually still free market competition going on.
Where is Mumbai?
All foreign held USD is ultimately transacted in the New York Fed.
Tax havens are not a physical barrier, but a legal one. The laws change.
Actually, all USD even held in China, as long as it isn't cash, must be transacted through the New York Fed. All "US dollars" world wide is actually "US's dollars" ultimately.