China is having some money trouble



China’s politburo serves investors a nothingburger

 The first rule of growth target is you don’t talk about growth target. At Thursday’s meeting of the political bureau of the Chinese Communist Party’s Central Committee, officials re-committed to plan A: Covid-19 eradication, sustained pressure on the real estate sector, plus the usual anodyne commitments to improving credit support, defusing financial risk, and boosting domestic demand and entrepreneurship

中共中央政治局为投资者服务
增长目标的第一条规则是你不要谈论增长目标。 在周四的中共中央政治局会议上,官员们再次承诺计划A
根除 Covid-19,房地产行业面临持续压力,以及改善信贷支持、化解金融风险以及促进内需和创业精神的惯常承诺

https://www.reuters.com/breakingviews/chinas-politburo-serves-investors-nothingburger-2022-07-29/?taid=62e3696b4e1fc80001e65a42

Captured from article

China’s Mortgage Crisis, Banks are Failing, Protests Everywhere. China’s financial crisis is Here…

中国的抵押贷款危机,银行倒闭,抗议无处不在。 中国金融危机来了…

He Wanted a Home and a Wife. China’s Property Crisis Left Him With Neither.

Hundreds of thousands of Chinese homebuyers are walking away from their mortgage.

他想要一个家和一个妻子。 中国的房地产危机让他两败俱伤。
数十万中国购房者正在逃避抵押贷款。

https://www.vice.com/en/article/xgyd9n/china-property-crisis-mortgage-boycott

Captured from article

Captured from article

Frozen bank accounts and unfinished homes: China’s ‘desperate situation’

冻结的银行账户和未完工的房屋:中国的“绝境”

https://www.csmonitor.com/World/Asia-Pacific/2022/0727/Frozen-bank-accounts-and-unfinished-homes-China-s-desperate-situation

Captured from article

Nowadays, China’s financial future isn’t nearly as stable. In the video linked above, the YouTube channel Business Basics explains how a multi-billion dollar banking scam has caused Chinese citizens to lose faith in their financial institutions. ….

中国遇到了一些资金问题

Evergrande gives Beijing another reason to step in

恒大给了北京另一个介入的理由

https://www.reuters.com/breakingviews/evergrande-gives-beijing-another-reason-step-2022-07-25/

China’s official growth figures are bad enough to be believed

We cross-check the latest numbers

中国的官方增长数据糟糕到令人信服
我们交叉核对最新数字

https://www.economist.com/finance-and-economics/2022/07/28/chinas-official-growth-figures-are-bad-enough-to-be-believed

China deploys armoured tanks to prevent people withdrawing money from crisi-hit banks as they were seen on the streets of Henan region amidst protest by people demanding the release of their savings in a grim reminder of the 1989 Tiananmen Square Massacre.

中国部署装甲坦克以防止人们从受危机打击的银行取款,因为人们在河南地区的街道上看到他们要求释放他们的储蓄,以令人想起 1989 年的天安门广场大屠杀。

https://twitter.com/Patriot66Marc/status/1549017512251166721?s=20&t=EcvZ1nm5mfv-HJAcaXP2mw

https://twitter.com/Atiquetimporta7/status/1549922188186337281?s=20&t=gIIqqGGMfosvUaoztAXStw

Leave a Reply