(19-03-2024, 12:18 PM)winbig Wrote: Since when does a country have no problem?
All countries have problems some serious some.notbso serious.
In.China the housing crisis saw the collapse of major developers like Evergande and Country Garden is major.
Also the massive local govt debt resulting many cash flow problems including inability to service these debts will be a drag on China economy.
China recent tensions with trading partners whom it relies on for export demand is a source of problems.
Major issues with deflation and demographics will mean China economy will remain weak for yrs to come.
Just like during financial crisis that start in US and spread to rest of the world ...there will be interest to report on what's going on in China as it affects.us negatively.just like during the Lehamn crisis there were many negative reports coming out of USA.
Yes there are people who are China fans whose feelings are hurt when. China does not do well. This I can understand but still it is important to track what is happening in China as it affects us.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(19-03-2024, 12:38 PM)cityhantam Wrote: I thought China collapsed already?
No???
Yes China housing market has collapsed and many lost their life savings there some paid money and didn't even get their homes when the developer collapsed.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
(19-03-2024, 12:40 PM)sgbuffett Wrote: Yes China housing market has collapsed and many lost their life savings there some paid money and didn't even get their homes when the developer collapsed.
(19-03-2024, 01:30 PM)WhatDoYouThink! Wrote: I've enough problems of my own, why worry about yours? Just telling you the same, need not worry unduly about china. They've so experts to help them.
My investments will be affected by China.
Other problems I handle myself.
Anyway, report news whether it's about China or US or. Malaysia is the norm in forums.
People say good and bad things about malaysia. So how their is a group pf pro China fanboys who become very offended when Chuna has bad news
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(This post was last modified: 19-03-2024, 01:51 PM by sgbuffett.)