SG Talk

Their M2 supply increased by 11% whereas US's M2 supply dropped to 7%.  US printed more during the Pandemic.  That caused inflation to be more than 8%. 



eyes pic for fb

https://ycharts.com/indicators/china_m2_...supply_yoy

China also print alot of counterfeit rmb, kena a few times!

If you can afford, you can print $.  

US can't print because the inflation is way2 above 2%.   

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The central bank decide.  

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Don't envy China having a low inflation rate at the moment because China has a very high domestic debt. People are not spending because they are debt-strapped. New Housing prices have fallen a lot. It might behave like Japan which has lost 2 decades of growth.



Japan has also been printing and printing and printed a lot for the past 20 years. It has managed only to get some inflation recently.

Just hope China will have a different situation. Let's watch how China's inflation will be doing after this.

This was what the Japanese were doing in the past..

卢麒元 is a managing director of an investing company in Shenzhen

https://weibo.com/luxin888

https://twitter.com/i/status/1546832038426464256

There is a drive presently to call on the property buyer to stop paying the mortgage because most of the buyers are suffering from developers not being able to complete the building construction and their properties are now becoming a 烂尾楼.  This article describes this problem can blow up into a full-scale problem for the banking industries if it is not properly handled.

Quote:面对的是难念的“经”，难解的“棋”：上游“供应商们”的讨债，下游购房者房子兑付，以及接踵而至的资金困境....。谁又能解开这一烂尾之殇？

https://www.sohu.com/a/566389244_120199291

https://pbs.twimg.com/media/FXgaSEPWYAECHvA?format=jpg&name=900x900