China promises to boost economy by cutting RRR
#1

https://www.bloomberg.com/news/articles/...st-economy

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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#2

Probably too little too late.
Economy already in the slumps due to lockdown...no matter how they boost it won't work.

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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#3

(15-04-2022, 07:22 AM)sgbuffett Wrote:  Probably too little too late.
Economy already in the slumps due to lockdown...no matter how they boost it won't work.

Too little too late is for FED.   


When every one is raising interest and China can afford to reduce (RRR reduction is equivalent to interest cut), that is it is in good control.   

Sgfett, if you are talking about slump in economy, it is all the more to reduce interest rather than to raise, right?   

Your economy understanding is problematic, right?  

.
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#4

(15-04-2022, 07:21 AM)sgbuffett Wrote:  https://www.bloomberg.com/news/articles/...st-economy

China economic problem is not liquidity but error by Moron Xi  on zero covid and common poverty policies

Laughter-13  Laughter-13

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#5

didn't know that sgtalk has so many economists really crouching tigers hidden dragons
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#6

(15-04-2022, 08:30 AM)ROFLMAO Wrote:  China economic problem is not liquidity but error by Moron Xi  on zero covid and common poverty policies

Since you are so "smart", you should volunteer yourself to be Biden's special adviser!  Rotfl
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#7

this shows how bad is china economy today, whole world already has enough liquidity to hike rate.
just look at china stock market & property crashing down now, all know what is happening in china today, dont talk about ton of foreign investment & factories move out, sanction on china starts, china tradin plunges, china domestic market almost gone due to covid, jobless surges to sky in china now, look at the rest of the world today, spore, taiwan, US, korea all on full recovery mode to expand.
comie dogs here still bark lies non stop on how strong is china economy, import & export grow, my foot, all these liars same as china BS data, totally shameless, can never be truth & fact, all lies, LOL LOL.




中国进口意外下降,中美债券逆转十年格局;李克强承诺降低存款准备金率



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#8

https://youtu.be/5oaeT8kEoac
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#9

Shanghai Slip

https://youtu.be/iYXZ_M3X7gI
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#10

[Image: Screenshot-from-2022-04-15-09-37-14.png]

[Image: Screenshot-from-2022-04-15-09-38-24.png]
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#11

[Image: Screenshot-from-2022-04-15-09-40-10.png]
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#12

(15-04-2022, 09:17 AM)kokee Wrote:  this shows how bad is china economy today, 


Experts say you are wrong leh!

https://www.zaobao.com.sg/realtime/china...14-1262636
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#13

Advisor to Putin 2014
https://youtu.be/nWT5HM_NMlI
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#14

(15-04-2022, 09:17 AM)kokee Wrote:  this shows how bad is china economy today, whole world already has enough liquidity to hike rate.
just look at china stock market & property crashing down now, all know what is happening in china today, dont talk about ton of foreign investment & factories move out, sanction on china starts, china tradin plunges, china domestic market almost gone due to covid, jobless surges to sky in china now, look at the rest of the world today, spore, taiwan, US, korea all on full recovery mode to expand.
comie dogs here still bark lies non stop on how strong is china economy, import & export grow, my foot, all these liars same as china BS data, totally shameless, can never be truth & fact, all lies, LOL LOL.




中国进口意外下降,中美债券逆转十年格局;李克强承诺降低存款准备金率




truth & fact about china today are there, no need to argue.
covid, not enough food is huge issue in china today, dont BS about 18 months or whatever, china cannot grow enough food for half of their population today. China still cutting rate today at super high inflation due to oil price & covid, economy is crashing hard, SSE plunging super fast, same as HSI, china property is even worse, now come RMB. global sanction on china still in initial stage, when go full like russia, totally gone case like russia today.


with china serious covid in Q1 & Q2 this yr, got morons here believe all these BS china data>
if so strong, whole world hike rate, china super high inflation, still need to cut rate> LOL LOL
china data got morons believe> Q1, shenzhen covid till lock down, foxxconn & ton of factories move out of china, sanction & cut off trade with china also started in Q1, china can bark whatever number they like, look at HSI & SSE, HK & china stock market, how is all these china company stock crash almost 30% in Q1, all know what happening in china economy, alibaba stock down from almost 300 to 70, down 50%, NO, almost 80%, LOL LOL.
Q2 will definitely worse as shanghai covid started big way, plus ukraine war, sanction on china is much stronger, Q3 & so on will be even worse as EU will take super hard stand on china like russia, Europe ready to cut off russia oil & gas, trade with china> LOL LOL.
comie dogs here can bark whatever, look at china stock & property market today, jobless rate surge to sky, inflation surge to heaven, reserved in negative, investment & fund almost all pull out, sanction, frozen & SWIFT waiting for them, LOL LOL.


这一切居然是真的,中国经济的崩溃就在眼前了





4大行起诉20万断供房奴,断供潮来了 !请求延迟还贷上热搜!国际订单绕着中国走,唯一增长支柱外贸熄火,萧条的信号全面发出

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#15

Ukrainian National Police Killed Bucha Civilians In Cold Blood
https://youtu.be/XBZ0nWt3WKU
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#16

They been cutting RRR for few years already even when Fed start tightening.
They yet to do anything to their interest rate as their RRR still relative high compare to most world economies.
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#17

[Image: Screenshot-from-2022-04-15-10-16-13.png]
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#18

OPEN LETTER to President Putin
from
Paul Craig Roberts

[Image: Screenshot-from-2022-04-15-10-21-12.png]
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#19

(15-04-2022, 07:57 AM)webinarian Wrote:  
Too little too late is for FED.   


When every one is raising interest and China can afford to reduce (RRR reduction is equivalent to interest cut), that is it is in good control.   

Sgfett, if you are talking about slump in economy, it is all the more to reduce interest rather than to raise, right?   

Your economy understanding is problematic, right?  

.

Kokee, agree?
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#20

https://www.channelnewsasia.com/business...ia-2624101

BEIJING: China will use policy tools, including reserve requirement cuts, in a timely way, state media quoted the cabinet as saying on Wednesday (Apr 13), in an effort to support the slowing economy.

Beijing will also take measures to boost consumption and will step up export tax rebates to stabilise foreign trade, state media quoted the cabinet, or State Council, as saying after a regular meeting.

China will step up financial support for the real economy, especially industries and small firms hit by the COVID-19 pandemic, and will encourage some big banks to lower provision ratios, the cabinet also said.
.
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#21

China has one of the highest RRR in the World.  It has cut RRR in 2021 and there is no effect on the economy.  They would have to cut RRR from around 8.9% in 2021 to something like 4%;  this would mean the country would lose a junk of revenue that would affect their balance sheets.  The US now has 0% RRR.

China earlier allowed the currency to float higher against the USD,  that is monetary tightening;  now they relax the RRR, which is monetary relaxing;  just counteracting the earlier tightening policy.

https://www.ceicdata.com/en/indicator/ch...ment-ratio
[Image: YJSIyed.png]

"the devil is attacking you and not your argument because he is  weak”
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#22

(15-04-2022, 11:47 AM)revealer Wrote:  China's RRR has one of the highest RRR in the World.  It has cut RRR in 2021 and there is no effect on the economy.  They would have to cut RRR from around 8.9% in 2021 to something like 4%;  this would mean the country would lose a junk of revenue that would affect their balance sheets. 

You are senior adviser of Xi Jingping ah?  Thinking
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#23

(15-04-2022, 07:22 AM)sgbuffett Wrote:  Probably too little too late.
Economy already in the slumps due to lockdown...no matter how they boost it won't work.

Yes.   Don't think they will want to cut too much.  it will be too little too late.


Omi.. Thank you for bumping up the message.
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#24

(15-04-2022, 11:51 AM)cityhantam Wrote:  You are senior adviser of Xi Jingping ah?  Thinking

You jealous?


Omi.. Thank you for bumping up the message.
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#25

(15-04-2022, 11:59 AM)teaserteam Wrote:  You jealous?

Oops!

You finally found your way here? 

Welcome to new Sgtalk!  Laughing
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#26

(15-04-2022, 08:50 AM)WhatDoYouThink? Wrote:  didn't know that sgtalk has so many economists really crouching tigers hidden dragons
... you mean crouching kitten (scratch scratch) hidden worms!?
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#27

(15-04-2022, 08:30 AM)ROFLMAO Wrote:  China economic problem is not liquidity but error by Moron Xi  on zero covid and common poverty policies

Starting after they ban Australian coal.


Omi.. Thank you for bumping up the message.
[+] 1 user Likes teaserteam's post
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#28

(15-04-2022, 12:06 PM)sporeguy Wrote:  ... you mean crouching kitten (scratch scratch) hidden worms!?

very wasteful of their talent. if garment dun want, can loan to chewhu or china
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#29

(15-04-2022, 12:16 PM)WhatDoYouThink? Wrote:  very wasteful of their talent. if garment dun want, can loan to chewhu or china
Actually they are more useful to UK US or Ukraine- since these kittens and worms intelligence level slightly higher than Boris or Biden or Zekensky
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#30

(15-04-2022, 11:51 AM)cityhantam Wrote:  You are senior adviser of Xi Jingping ah?  Thinking


They already instructed SH to follow the central govt instructions.
No relaxation till all clear.  

You seems more interested to follow west initialed narrative that cn would try to overtake us in 2028 
But if you read the cn congress report, they set target in what they want to achieve in technology by mid 2030s
not GDP. GDP is to sustain jobs creation. Job creation is key not GDP numbers.   
This year according to Xi own words is food stability and more self reliance. 

Only people like those 高华 will talk GDP collapse stories.
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