[sgbuffett]

• China’s state-directed economy may be creating the conditions for a new wave of bond defaults that could come as soon as next year, according to an S&P Global Ratings report released Tuesday.
• “The real thing to watch for policymakers is whether the current directives are creating distorted incentives in the economy,” Charles Chang, greater China country lead at S&P Global Ratings, said in a phone interview Wednesday.
• Bond defaults dropped in most sectors last year except for tech services, consumer and retail, S&P found.

https://www.cnbc.com/2024/04/24/china-ma...-says.html

[Omnipresent88]

https://dailyhodl.com/2024/04/26/china-d...ual-trade/

Huat arh huat arh huat huat arh

[Purikura]

Third world china is dying and very poor. They owe alot of money and have to beg their ang moh father russia for handout. Pathetic Pui!

No wonder wumaos so triggered LOLOLOLOL!