Since there is no Pelosi and Schumer in China, central government budget cuts are not implemented.
Like all capitalist economies, China's will eventually crash. I wouldn't be surprised if it's crashed already and they're covering it up.
What they should be worried about is the climate crisis. The global economy is nowhere near as important.
But this contradicts all the news stories and political activists who constantly tell me that China will be the next great super power. Who am I supposed to believe?
They're doing better than us...
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China central bank injects record net $83 billion in open market operationsChina's central bank on Wednesday made its biggest daily net cash injection... Too much Printed Pink Paper..affected air quality Lol..83bil?! Thats how much Jef Bezos has lost last 3 months “Siri, wtf are open market operations?”
Source: Reuters - 🏆 2. / 97 Read more »
A China Bear Explains Why She’s Still Bullish on China Mobile StockThe Ariel Investments international stock specialist looks for high quality and low valuations. She thinks she’s found both in China Mobile, Michelin, Gilead Sciences, Roche Holding, and Telefonica Deutschland.
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S.-China military conflict in the South China Sea would be Washington's fault, Chinese scholar claimsThe comments were made as President Donald Trump's relationship with China deteriorates. Scholar from the “Blame Everything on Trump” University. They claim an entire ocean and trump would be at fault?.. his policy with China is his strongest point... not commenting on any other policy America disagrees, an American scholar retorts
Source: Newsweek - 🏆 468. / 52 Read more »
Analysts see 'several signs of modest progress' in latest US-China trade talksChina, for its part, said in a Thursday morning statement issued by its Commerce Ministry that the just-concluded round of trade talks with the U.S. were extensive and established a platform for future discussions. He is lost. Translation: no resolution Stop kidding yourself and read the press release already...
Source: CNBC - 🏆 12. / 72 Read more »
U.S., China said to make progress as trade talks concludeThe U.S. and China wrapped up their first face-to-face trade negotiations since a temporary tariff truce was declared last month, making progress toward an agreement but leaving the thorniest issues to be resolved in higher-level talks, according to people with knowledge of the discussions. Is China paying Trump’s Wall? Lol it's comical, from day one to end on the same spot just 7000 miles away and probably few millions spend on the delegation., It is just crap.. Chinese President won't back down, he will wait for another President. Simple. basically a whole bunch of nothing. bad for markets tomorrow. china is patient, will wait for a new president. no way any significant progress will be announced. concessions with a bully will only make things worse later so they wont do it and set a precedent
Source: MarketWatch - 🏆 3. / 97 Read more »
Beijing says latest US-China trade talks were extensive, promoted mutual understandingIn a Thursday morning statement, China's Commerce Ministry said the just-concluded round of trade talks with the U.S. were extensive and established a foundation for the resolution of each others' concerns. The leaders of both countries have been saying the same BS for 10 years... No substantive change. We need concrete evidence!! Sounds like 0 results.
Source: CNBC - 🏆 12. / 72 Read more »
Asia markets set for a cautious session after US and China concluded trade talksThe U.S. and China concluded their latest round of trade negotiations in Beijing on Wednesday. Officials from Washington said in a statement that they will report back to the White House for further guidance on the talks. Concluded within no conclusion.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks clinch fourth-straight gain on easing fears around U.S.-China tradeHSydneyHC 🤣 Thank you, President Trump! This kind of tweet suggests a near-term dip is likely.
Source: MarketWatch - 🏆 3. / 97 Read more »
China-Led AIIB Stays Cautious as It Commits $500 Million for Infrastructure BondsThe Asian Infrastructure Investment Bank plans to devote a portion of its war chest to bonds that finance sustainable energy, transportation and communications. It also took a few years for the World Bank to make its first loan...
Source: WSJ - 🏆 98. / 63 Read more »
China says trade talks with U.S. set foundation to resolve concernsChina's commerce ministry said on Thursday trade talks with the United Stat... Glad we can work all this out with China as our citizens go homeless and hungry due to a dysfunctional government.
Source: Reuters - 🏆 2. / 97 Read more »