在习近平的中国,“共同繁荣”意味着期望值降低 In Xi’s China, ‘Common Prosperity’ Means Lower Expectations | WPR


在过去的几个月里,中国的经济困境充斥着新闻,因为其期待已久的疫情后复苏尚未实现。大部分报道都集中在北京的“零新冠肺炎”政策对中国消费者信心和房地产行业崩溃的长期影响,以及习近平主席对私营部门的持续镇压和反腐败运动,该运动目前以医疗保健部门为目标。 但中国经济中的问题根深蒂固,在2020年初疫情爆发之前就已经很明显了。自2010年代以来,增长速度已经放缓,从2007年的12%以上减半到2019年的约6%,就在新冠肺炎爆发之前, and halving again to 3 percent this year, its lowest rate of growth in a generation. Nevertheless, this slowdown is partly by design, as a way to focus on the quality of growth and higher-level goals, such as technological innovation, improved air quality and reducing China’s persistently high income inequality. — Read on […]

中国经济泡沫.中国房地产债务危机导致公寓未完工,愤怒情绪高涨 Anger mounts as China’s property debt crisis leaves flats unfinished


Dozens of homebuyers in Tongchuan, a city in northwestern China’s Shaanxi province, are demanding police action as the presale flats they bought years ago remain unfinished shells. The so-called “rotting” or unfinished homes in China have become more common since a property slump in 2021, which has seen some property developers go bankrupt, and others […]

Italy is about to say to Beijing, ‘Hit the road, Xi’ 意大利即将对北京说:“习近平上路吧”


https://www.euronews.com/2023/09/08/italy-is-about-to-say-to-beijing-hit-the-road-xi 令人惊讶的是,意大利表示预计将退出中国雄心勃勃但陷入困境的“一带一路”倡议——这高调提醒人们该倡议未能实现其目标。 对于罗马来说,增加对华出口的承诺并未达到预期,而在整个南方国家,“一带一路”协议往往收效甚微,除了资助腐败、建设有缺陷或不需要的基础设施,并给低收入国家带来巨大的新债务负担已经在为基本服务提供资金而苦苦挣扎。 In a surprising twist, Italy has indicated that it expects to leave China’s ambitious but troubled Belt and Road Initiative — a high-profile reminder that the initiative has failed to meet its goals. For Rome, the promise of increased exports to China has not met expectations, while throughout the Global South, BRI […]

中国新闻总是显示救援活动,但不显示灾难破坏和伤亡的细节 China News always shows rescue activity but not details show for disaster damage and casualties . Shenzhen received the arrival of Typhoon Haiku, causing the Shenzhen reservoir to overflow, forcing the government to release the flood, the whole city of Shenzhen was submerged in flood water, the whole city entered a state of emergency. 深圳迎来了台风”俳句”的到来,导致深圳水库泛滥,迫使政府放洪,深圳全市被洪水淹没,全市进入紧急状态中国新闻总是显示救援活动,但不显示灾难破坏和伤亡的细节


中国到处都有各种各样的灾难发生 What’s going on? Fires broke out in Tianjin, Beijing, and Shanghai, as well as earthquakes… 怎么回事? 天津、北京、上海等地发生火灾,地震…


Recently, various disastrous events have been happening in China. The people haven’t yet recovered from the floods in Hebei and Heilongjiang, and the earthquake in Shandong, while fires broke out in major cities like Tianjin, Beijing, and Shanghai in the past few days. 最近,中国发生了各种灾难性事件。 河北和黑龙江的洪水和山东的地震还没有恢复,而天津、北京、上海等大城市最近几天也发生了火灾。

Flood of the Century in Beijing! The World is shocked by footage from the capital of China! During disaster, there was no government in Beijing 北京世纪洪水! 中国首都的镜头震惊世界! 灾难期间,北京没有政府


At least 33 people have died in flooding in Beijing after Typhoon Doksuri hit northern China. Another 18 people are reported missing.This is the worst flood in recent years. All above reports came from China government but can’t believe CCP’s announcement because All people knows how much China manipulate the numbers during pandemic 台风“多克苏里”袭击中国北部后,北京已造成至少 33 […]

Xi’s China has become too risky for foreign businesses 习近平领导下的中国对于外国企业来说风险太大


Recent moves, such as aggressive police raids against foreign businesses and the withholding of basic economic data are akin to putting up a “Do Not Enter” sign.  The harder the Chinese Communist Party clamps down on news, views and data that don’t fit its preferred narrative, the greater the investment risk and the harder it will be for China to […]

China’s Outdated And Abandoned EVs Are Piling Up 中国过时的和废弃的电动汽车正在堆积如山


https://jalopnik.com/china-s-outdated-and-abandoned-evs-are-piling-up-1850752078 The cars were likely deserted after the ride-hailing companies that owned them failed, or because they were about to become obsolete as automakers rolled out EV after EV with better features and longer driving ranges. They’re a striking representation of the excess and waste that can happen when capital floods into a burgeoning industry, […]

China property developer Evergrande files for bankruptcy protection in US 中国房地产开发商恒大在美国申请破产保护


The world’s most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March. 世界上最负债最多的房地产开发商在2021年违约,并于3月宣布了一项离岸债务重组计划。 — Read on www.cnbc.com/2023/08/18/china-property-developer-evergrande-files-for-bankruptcy-protection-in-us.html

China Shadow Bank Crisis Sparks Protest by Angry Investors 中国影子银行危机引发愤怒投资者抗议


https://news.yahoo.com/china-shadow-bank-crisis-sparks-102709635.html Chinese investors protested outside the office of one of the country’s biggest shadow banks, in a rare show of public outrage after the firm skipped payments on dozens of investment products. 中国投资者在中国最大影子银行之一的办公室外抗议,在该公司拒绝支付数十种投资产品后,这是罕见的公众愤怒表现。Zhongrong is among the biggest firms in the country’s $2.9 trillion trust industry, which pools savings from wealthy households and corporate clients to […]

China’s government tries to defuse economic fears after real estate developer’s debt struggle | 在房地产开发商的债务斗争后,中国政府试图化解经济恐惧 AP News


China’s government is trying to reassure jittery homebuyers after a major real estate developer missed a payment on its multibillion-dollar debt, reviving fears about the industry’s shaky finances and their impact on the struggling Chinese economy. 在一家大型房地产开发商未能偿还数十亿美元债务后,中国政府正试图安抚紧张的购房者,这重新唤起了人们对该行业动荡的财务状况及其对陷入困境的中国经济的影响的担忧。 — Read on apnews.com/article/china-debt-real-estate-country-garden-8452f8fc81697903bbd2cbd37f0e76be 他们强调了该行业在执政的共产党的压力下为减少被视为经济威胁的飙升债务而进行的斗争。这使数百家小型开发商破产,并抑制了中国的经济增长。 they highlight the industry’s struggle under pressure from the ruling Communist Party to […]

China’s dilemma in trying to manage debt crisis 中国应对债务危机的困境


https://www.axios.com/2023/08/16/china-debt-crisis-stimulus-recession-risk That bubble finally seems to be bursting. Economic damage from China’s zero-COVID policy, as well as heavy-handed government meddling in the tech sector and other major industries, have driven down growth.

President Xi under pressure to take bold steps as China’s economy slows after surprise rate cut意外降息后中国经济放缓,习近平主席面临采取大胆措施的压力. 中国经济因习近平主席残酷的新冠封锁而陷入困境


https://www.livemint.com/news/world/president-xi-under-pressure-to-take-bold-steps-as-chinas-economy-slows-after-surprise-rate-cut-11692148048986.html The failure to revive confidence more broadly risks leading to economic pain that could blow back on Communist Party leaders. Last year saw a wave of mortgage boycotts and unprecedented protests against Xi himself as residents got fed up with the world’s strictest Covid-19 restrictions. Chinese authorities remain sensitive about the narrative over the […]

一如既往,中国再次展现了在中国经济泡沫和夸大数字的驱动下,政权与企业之间的黑暗勾结。Why This Company’s Financial Crisis Threatens China’s Economy


为什么这家公司的金融危机会威胁中国经济碧桂园是中国最大的房地产开发商 Country Garden was China’s biggest real estate developer. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid bills. 中国房地产巨头碧桂园已损失数十亿美元,未付账单已达2000亿美元。 据估计,该公司有能力在中国数百个城市交付近一百万套公寓。 All of this has led to worries that Country Garden will end up like China Evergrande, a real estate behemoth that collapsed in 2021 and set off […]