[teaserteam]

Watch out announcement at 10:00 am

[teaserteam]

RMB falling against USD

https://twitter.com/caijingxiang/status/...6611457024

[Sharexchange]

Sibei jiatlat liao..

[Niubee]

Ok lah. Everyone still eating, drinking, living and walking. Nothing wrong leh

[cityhantam]

GDP forecast ah?

Just like they way the accuse China of forced labour in Xinjiang ah? 

[kokee]

china Q2 gdp growth only 1%!!!
all know how they get this 1%!! 
whole yr 4%? print & print? LOL LOL! with ton of huge property developers & big banks going to bankrupt in coming months to yrs, still 4%? some say 2%? even 2% is ttotal BS due to china gigantic debt to cause all the banks run & property crash, jobless surge to sky, pay back time is here, pay back for 50 yrs? or 100?



https://www.reuters.com/world/china/chin...022-07-13/

[cityhantam]

GDP forecast ah?

Just like they way the accuse China of forced labour in Xinjiang ah? 

Shameless ABC Banana Gordon Chang also did a great forecast that  China was going to collapse! 

The Coming Collapse of China is a book by Gordon G. Chang, published in 2001, in which he argued for the Chinese Communist Party (CCP) to be the root cause of many of the China's problems and would cause the country's collapse in the near future. His book also made specific forecasts on the year that the party would collapse since Chang insisted that it would occur by 2011. When 2011 was almost over, Chang admitted that his prediction was wrong but said it was off by only a year. On 29 December 2011, Chang asserted in the Foreign Policy magazine, "Instead of 2011, the mighty Communist Party of China will fall in 2012. Bet on it." Consequently he made the magazine's "10 worst predictions of the year" twice when his prediction proved wrong again. 

[RiseofAsia]

GDP is a lagging indicator.
Even if it is 1.2%, there is still a growth.
Dont see the data wrongly.

Look like China GDP data is more trusthworthy than US CPI data.

US used an unconventional way to boom the economy. But now US is facing a 30T huge debt and US is currently using a conventional way(Rate Hike)to tackle high inflation.

Look like it is not working at all. How?
Cant imagine rate hike to 5% will be 1.5T interest.
If the rate rises to 20%, it will be 6T interest. Where to find $$$?

Do you know how many zeros in 1 Trillion USD?

[Fleetdestroyer]

To Most of their data come juicy sources hahahaha skyjuice hiaz

[kokee]

china Q2 gdp growth only 1%!!!
all know how they get this 1%!! 
whole yr 4%? print & print? LOL LOL! with ton of huge property developers & big banks going to bankrupt in coming months to yrs, still 4%? some say 2%? even 2% is ttotal BS due to china gigantic debt to cause all the banks run & property crash, jobless surge to sky, pay back time is here, pay back for 50 yrs? or 100?



https://www.reuters.com/world/china/chin...022-07-13/

so china Q2 gdp growth is 0.4% instead of 1%, LOL LOL!!
comie dogs dare not bark now.
but what is the real & actual? who here trust china BS data & statistic? with jobless surge to sky, banks run & no money, factories closed down & move out, covid lock down, now even with electricity  shut down!!


https://www.cnbc.com/2022/07/15/china-q2-gdp.html

[sporeguy]

Very funny - the western media painted a gloomy pic but read here the report from Global Times. It's a matter of perspective and how individuals choose to report subjected to ulterior motives and agenda.

Excerpt:
China's economy has braved a series of challenges posed by domestic COVID-19 outbreaks and a worsening global environment, posting 2.5 percent year-on-year growth in the first half of 2022, official data showed on Friday.

The expansion of the world's second-largest economy is fueled by a quick recovery in economic activities after outbreaks in major cities were effectively reined in under the country's dynamic zero-COVID strategy and the efficient execution of a slew of pro-growth measures, analysts pointed out.

China's GDP growth, though slowing down from the first quarter largely because of the impact of COVID-19, was mostly in line with market expectations and offers a bright light for the global economy that is mired in a series of troubles, ranging from the pandemic to the Russia-Ukraine conflict to looming economic crises in many countries around the world, including the US, experts said.

In the first half of the year, China’s GDP grew 2.5 percent year-on-year to 56.3 trillion yuan ($8.3 trillion), the National Bureau of Statistics (NBS) said on Friday. In the second quarter of 2022, when the country faced severe COVID-19 outbreaks, GDP grew 0.4 percent year-on-year, the slowest pace since the outbreak in 2020, as compared with a 4.8 percent in the first quarter of the year.

https://www.globaltimes.cn/source/economy/index.html

[sporeguy]

So ... anti China Talk Cock kokee and stooge gang DON'T WORRY too much for China - worry for the US UK EU and youselves!

[[[ForeverAlone]]]

Very funny - the western media painted a gloomy pic but read here the report from Global Times. It's a matter of perspective and how individuals choose to report subjected to ulterior motives and agenda.

Excerpt:
China's economy has braved a series of challenges posed by domestic COVID-19 outbreaks and a worsening global environment, posting 2.5 percent year-on-year growth in the first half of 2022, official data showed on Friday.

The expansion of the world's second-largest economy is fueled by a quick recovery in economic activities after outbreaks in major cities were effectively reined in under the country's dynamic zero-COVID strategy and the efficient execution of a slew of pro-growth measures, analysts pointed out.

China's GDP growth, though slowing down from the first quarter largely because of the impact of COVID-19, was mostly in line with market expectations and offers a bright light for the global economy that is mired in a series of troubles, ranging from the pandemic to the Russia-Ukraine conflict to looming economic crises in many countries around the world, including the US, experts said.

In the first half of the year, China’s GDP grew 2.5 percent year-on-year to 56.3 trillion yuan ($8.3 trillion), the National Bureau of Statistics (NBS) said on Friday. In the second quarter of 2022, when the country faced severe COVID-19 outbreaks, GDP grew 0.4 percent year-on-year, the slowest pace since the outbreak in 2020, as compared with a 4.8 percent in the first quarter of the year.

https://www.globaltimes.cn/source/economy/index.html

What I say , either USA Or China own economy fail
SG going to follow.

We know ourselves SG all along have to depend from USA and China for economic growth.

This is why recently TS Holdings GIC claim so call " profit " is NOT REAL Profits.

Come on. , you don't need to be what Financial advisor, guru , THINK SIMPLE

IF USA and CHINA not doing well , TS Holdings GIC those investment is what? " ownself invest in our SGX ? " so call " profit " ?

[kokee]

china property crash, developers bankrupt, people has no money to pay housing loan, banks run, hard to withdraw money from banks now, banking system also collapsing with global dumping china banks now, next is china banks stock!!
property & banks gone, next will be the whole china financial system, all about china gigantic debt!!!





中共銀行、金融、地產開始全面崩潰

全面大崩盤！頂層慌了！爛尾樓遍地！悲觀消息滿天飛！地產全線崩潰！手段用盡都沒用！飲鳩止渴！連自己人都不放過！

recession or not, important is whose debt is going to burst. All financial crisis due to debt burst!!
Look at US, USD so strong, Dow still ok, around 15% below peak, SSE is almost 50% below peak, china property crashing hard, china bond kena dump, so many china bonds defaulted due to no USD.
whose debt is higher? US can keep hike rate at super steep, if china no debt, why they dare not hike rate? china or HK once hike rate, debt burst in property & all the rest, including CNH, HKD unpeg & ton more!!
same to inflation, hike rate to fight. so what happen to china inflation today without hiking rate, obvious!!
look at all the banks run in china today, all the abandon & stop paying housing loan, cant withdraw money from china banks, totally no money now, where is all the money in banks gone to?
all the bubble burst in china today, property, banks, bond, stock & more!!

china both  internal & external debt super huge.
plus ton china people want to run road & transfer their asset & money out of china, almost all investment & fund also want to run road fast.
no money to pay back now, crisis will explode!!





7.12 【中國三十萬億債務違約？】三大政策銀行債券遭美資大量拋售，揭發國開行將被制裁？四萬億美元債隨時冇得還！

[Omnipresent88]

So ... anti China Talk Cock kokee and stooge gang DON'T WORRY too much for China - worry for the US UK EU and youselves!

Loser bankrupt kokee 

Who let the slave kokee out woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof woof https://media.tenor.com/images/940b8f2c5.../tenor.gif

[kokee]

recession or not, important is whose debt is going to burst. All financial crisis due to debt burst!!
Look at US, USD so strong, Dow still ok, around 15% below peak, SSE is almost 50% below peak, china property crashing hard, china bond kena dump, so many china bonds defaulted due to no USD.
whose debt is higher? US can keep hike rate at super steep, if china no debt, why they dare not hike rate? china or HK once hike rate, debt burst in property & all the rest, including CNH, HKD unpeg & ton more!!
same to inflation, hike rate to fight. so what happen to china inflation today without hiking rate, obvious!!
look at all the banks run in china today, all the abandon & stop paying housing loan, cant withdraw money from china banks, totally no money now, where is all the money  in banks gone to?
all the bubble burst in china today, property, banks, bond, stock & more!!

all these know nut comie dogs here can bark whatever lies & BS, gdp is 0.4% or any lies, china govt deficit this yr easily $6 trillion!!!
where are they going to get these money? print!!!
dont be brainwashed by all the comie dogs here on what trade or export, no import how to export for china kind of economy!!
print=debt, more debt, can pay for the interest? hike rate? why US can hike so much rate & no problem to pay interest? china cant!!!!

[Omnipresent88]

Very funny - the western media painted a gloomy pic but read here the report from Global Times. It's a matter of perspective and how individuals choose to report subjected to ulterior motives and agenda.

Excerpt:
China's economy has braved a series of challenges posed by domestic COVID-19 outbreaks and a worsening global environment, posting 2.5 percent year-on-year growth in the first half of 2022, official data showed on Friday. 

The expansion of the world's second-largest economy is fueled by a quick recovery in economic activities after outbreaks in major cities were effectively reined in under the country's dynamic zero-COVID strategy and the efficient execution of a slew of pro-growth measures, analysts pointed out.

China's GDP growth, though slowing down from the first quarter largely because of the impact of COVID-19, was mostly in line with market expectations and offers a bright light for the global economy that is mired in a series of troubles, ranging from the pandemic to the Russia-Ukraine conflict to looming economic crises in many countries around the world, including the US, experts said.

In the first half of the year, China’s GDP grew 2.5 percent year-on-year to 56.3 trillion yuan ($8.3 trillion), the National Bureau of Statistics (NBS) said on Friday. In the second quarter of 2022, when the country faced severe COVID-19 outbreaks, GDP grew 0.4 percent year-on-year, the slowest pace since the outbreak in 2020, as compared with a 4.8 percent in the first quarter of the year.

https://www.globaltimes.cn/source/economy/index.html

Bankrupt kokee loser

https://media.tenor.com/images/55aaf8343.../tenor.gif.       is that you barking

[teaserteam]

shanghai bo liao.    Dropped 1.64% today.  Broke support level. Going for 3,080 next and retest 2863 possible.