Chinese Economics Thread

[escobar]

After Russia's largest banks were de-SWIFTed foreign trade with China has not stopped. How does it work? Three settlement models identified: indirect CIPS, Russia-owned overseas branches and third country trade hubs

 

[GulfLander]

Nowadays, many journalists in the West believe that China's growth statistics are unreliable. They think that China is actually in a full-blown recession. What is their source? "Trust me, bro," stuff seen on Chinese social media (obviously without even citing the posts) and $1.4 billion in American funds set aside by Biden to finance anti-China campaigns. How long will China tolerate this situation? What do you think would be the most appropriate response?

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Theyre not those part of that "shanghai marathon" thing before?

 

[StraightEdge]

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[SanWenYu]

https://twitter.com/i/web/status/1879704598061228503

"You know that China is having a severe deflation and about to collapse? That's why food and everything are dirty cheap in China. Yours sincerely, Tony Blinken"