[[[ForeverAlone]]]

https://www.reuters.com/markets/rates-bo...022-05-20/

[sgbuffett]

Risky move because Yuan is dropping and they are seeing outflow

That is why they limit this to housing loan only they don't fare to do a full blown rate cut.

[[[ForeverAlone]]]

Risky move because Yuan is dropping and they are seeing outflow

That is why they limit this to housing loan only they don't fare to do a full blown rate cut.

Recently Like they come out a New policy come " PUBLIC " housings. Which I feel is good.

Is like ONLY those married ones WITH Baby can apply. I forget where I read , or I get mis took it?

[Sharexchange]

Means they are cutting rate to rescue their Doom Economy

[[[ForeverAlone]]]

Means they are cutting rate to rescue their Doom Economy

As mention China itself no need to worry. Always remember they are Super Nation just like The Americans.

IF either USA or China " economy doom " Ha you better faster sell off all assets because Naturally will affect SG.

[RiseofAsia]

Means they are cutting rate to rescue their Doom Economy

Actually it is not.
现在是央行自己亲自下场，
中国房地产还没到绝境。
看来是在等待新转机

[revealer]

Will need to see how this mortgage rate cut will save the day.. likely too little too late.


China Newly Built House Prices YoY Change

source: tradingeconomics.com

[RiseofAsia]

China has a good govt, most of the times will come out to save property market.

You see what will Fed do?
Hor Li Si.
Just check the homelessness figure in US.

[[[ForeverAlone]]]

China has a good govt, most of the times will come out to save property market.

You see what will Fed doing?

China got its own ways, USA also

so summary they are the leaders what happen to them will happen to us and every countries out there.

[Teeth53]

China has a good govt, most of the times will come out to save property market.

You see what will Fed do?
Hor Li Si.
Just check the homelessness figure in US.

Tesla CEO Elon Musk said this week that the U.S. must "stop the infighting" in order to be competitive with China, warning that the world's second-largest economy will someday dwarf America's output.

"What we’re going to see with China, for the first time that anyone can remember who is alive, is an economy that is twice the size of the U.S., possibly three times the size of the U.S., and it’s going to be very weird living in that world," Musk told hosts of the "All-In" podcast on Monday evening.

"So, we better stop the infighting in the U.S. and stop punching ourselves in the face. There’s way too much of America punching itself in the damn face, it’s just dumb, and think about, hey, 'We gotta be competitive here," Musk continued.

"There’s a new kid on the block that’s going to be two to three times our size. We better step up our game and stop infighting."

[revealer]

China has a good govt, most of the times will come out to save property market.

You see what will Fed do?
Hor Li Si.
Just check the homelessness figure in US.

True if the scale of debt is within acceptable limits.  Now the Domestic debt is about 180% of China's GDP which is USD27 Trillion (GDP=14 Trillion).  Not to talk about paying back the principles,   paying an interest rate of 5% is around 1.3 Trillion annually or 1/3 of China's Foreign Reserves.   

To help its people deal with COVID,  many countries spent trillions but not China. Just not sure how CCP is to help the PRC people to solve their debt problem. 

[webinarian]

Risky move because Yuan is dropping and they are seeing outflow

That is why they limit this to housing loan only they don't fare to do a full blown rate cut.

When you say currency dropping and you say bank cut rate. That is contradictory. 

To stop currency drop, the action is to raise bank rate not dropping. 

You don't know what u are talking. 

.

[Teeth53]

Means they are cutting rate to rescue their Doom Economy

China 》"Their Economy Doom"?@

Elon Musk speaks out about inflation, supporting Amazon CEO Jeff Bezos' remarks against President Joe Biden and warning that the "obvious" cause of inflation might make the US become like Venezuela

[kokee]

china almost bankrupt, retrenchment everywhere everyday.
from huge IT, developers, factories to shops, stalls, malls & almost all trades, due to no income, no spending, covid lock down, factories move out.
those with work, pay cut due to fight for jobs, jobless offer super low pay.
company, factories & enterprise lost money till blurred, in huge debt, both individual & company, whole china bury in huge debt today.
rate hike globally? rate cut in china? need IMF or world banks soon?



90萬人被裁！全面潰敗！4650家企業暴雷！裁員高達99%!10年家底一月虧光！整個全完了！

全崩了！3個月倒閉46萬家企業！310萬個體銷戶！14億人都帶不動了？！完全停滯！

china almost all market is crashing down hard including RMB, stock property, bond & all.
jobless surges to sky, no job, no income, yet high inflation & ton in huge debt, default anytime.

with global hiking rate & china cut rate & print, all money will outflow but china use force to ban & block lawlessly, for how long before it collapse? the longer it drags, crash will be harder.
yet want their rich to transfer money back to rescue? become worthless later? or donate to ccp?
all these brainless comie dogs here so simple yet bark nonsense, know nut to con or brainwash morons here 7/24.
china is capital control country, it will melt by itself like malaysia in 1998.

[webinarian]

Don't spam fake news.

.

[webinarian]

...
with global hiking rate & china cut rate & print, all money will outflow ...

US actually doesn't want to raise rate but can't afford to due to inflation. US is forced by near 10% inflation to raise rate. That is why stock market fell almost 1,200 points last night.  

China is happily cutting rate at own choice willingly. 

Admit it. You know nut.   

.

[revealer]

Don't spam fake news.

.

Not sure if all are fake news.   Just checked this 网易, a very popular chinese website, it reported that China has 1697 companies 员逾90万人 ending April 2020.

近1700家公司共裁员逾90万人

据东方财富choice统计，截至4月30日A股共有4650家企业公布了员工变动人数，其中有1697家企业进行了不同程度的裁员，裁员总数为909993人。

https://www.163.com/money/article/H6PAEBJT00259HUL.html

Maybe you people should counteract this kind of "fake news" and come up with opposition views instead of just brushing it off any news you people don't like as fake news.

[webinarian]

Anyway, Alam Kok is a habitual  liar.  

All kind of lies from him, a know nut who call all others know-nut.  

.

[revealer]

US actually doesn't want to raise rate but can't afford to due to inflation. US is forced by near 10% inflation to raise rate. That is why stock market fell almost 1,200 points last night.  

China is happily cutting rate at own choice willingly. 

Admit it. You know nut.   

.

Don't think US's rate hike caused the recent fall in the US market.  But it could be an exception because this time around,  Fed increase its rate-hiking frequencies,  (6 to 7 times).   In the past,  rate hikes pushed up stock market prices.

[RiseofAsia]

Not sure if all are fake news.   Just checked this 网易,  a very popular chinese website,  it reported that China has 1697 companies 员逾90万人 ending April 2020.


Maybe you people should counteract this kind of "fake news" and come up with opposition views instead of just brushing it off any news you people don't like as fake news.

900 thousands compared to the late 90s.
About 70 millions China ppl lost their jobs.

Dont be too alarmed. All these jokers never read history.
小巫见大巫。那时比现在惨多了。

[RiseofAsia]

I still remembered in the 90s.
I always heard these 3 words from Ch8 news.
下岗潮。

https://m.jiemian.com/article/6485827.html