(09-04-2022, 05:50 PM)kokee Wrote: [ -> ]china total debt to GDP, including both internal & external debt, govt & private debt, easily 700-800% of GDP.
china foreign reserved is still US$3T? my foot, with recent sanction, pull out factories & investment, plus all the USD debt, china actual reserved is negative now.
all these know but comie dogs here, especially niubee, real moron, let see how he reply my this post, LOL LOL.
中国外汇储备扣除历年外商投资本金和盈利，不但不是官方说的顺差三万亿，反而是负债两万六七千亿美元，已经资不抵债
all these moronic comie dogs here!
with USD so strong now, plus US high interest, best time to hold US debt & treasuary yet china dump left below $1 trillion, huge lost on those sold out earlier!
now china heavily short of USD, that is why many china company default their USD bond, same to russia today, default bond & bankrupt.
as above, china reserved today is negative, huge negative. China UST bond value minus foreign investment minus china USD debt globally, easily negative US$3 trillion or more, sibei jialat liao, that is why china cant follow US to hike rate, china debt burst on the way!
(19-07-2022, 08:58 AM)sporeguy Wrote: [ -> ]Smartest move!
No sweat..
As Singapore Govt and MAS can easily make up for the decline from China
(19-07-2022, 08:58 AM)sporeguy Wrote: [ -> ]Smartest move!
Scumb bankrupt loser 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 woof woof woof woof woof woof woof woof barking whole morning
https://media.tenor.com/images/ea22762db.../tenor.gif
Karma kokee
No money Liao. Must use Ah Kong money built over the last 30 years to pay debts. Remember domestic debt people owed the banks are 182% of GDP. interest alone is USD 1.3 TRILLIONS PER YEAR. 2.5 years, the 30 year saving will b gone liao
(19-07-2022, 11:01 AM)teaserteam Wrote: [ -> ]No money Liao. Must use Ah Kong money built over the last 30 years to pay debts. Remember domestic debt people owed the banks are 182% of GDP. interest alone is USD 1.3 TRILLIONS PER YEAR. 2.5 years, the 30 year saving will b gone liao
So, when will China collapse?
Why amdk so worries for China good sign
China still make
Aircraft carrier
Space station
Build infrastructure home and abroad
BRI to support
BRICS to support
You think China bankrupt hor
Just saw this douyin video where the vlogger says China banks have now disallowed buying of physical gold n silver by consumers. Latter can only sell them back to the back. So perhaps the Chinese central bank is stocking up on gold/silver as they liquidate more US/foreign assets.
https://v.douyin.com/2A472QH/
(19-07-2022, 11:01 AM)teaserteam Wrote: [ -> ]No money Liao. Must use Ah Kong money built over the last 30 years to pay debts. Remember domestic debt people owed the banks are 182% of GDP. interest alone is USD 1.3 TRILLIONS PER YEAR. 2.5 years, the 30 year saving will b gone liao
These are domestic debts where people will be very unhappy if they have no money to pay the interests & the banks are going after them. This is especially so if the bulk of these is for housing loans with building delivery dates suspended and people are jobless.
The Japanese resolved this problem in 1999 by slashing the interest rate to negative so that people can refinance their debt at lower interest. But somehow, they lost 2 decades of growth as a result.
Not sure about what the Chinese Government would want to do next. Definitely, the recent billion Yuan dropped in by PBOC would not help to reduce much of these debts. The USD 26.7 Trillion domestic debts (recorded in 2020) is a gigantic sum.
巨震！中国持有美债跌穿1万亿美元！拜登中东行被伊朗沙特暴揍，国家油价再次上涨！美国国务院气急败坏称:中国敢帮助俄罗斯绕过制裁必定付出沉重代价！不是美国一个而是被数十个盟友一起整！耶伦:不能依赖中国稀土
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(09-04-2022, 05:50 PM)kokee Wrote: [ -> ]all these know nut comie dog, what the Fxxk is above> LOL LOL.
china debt is 10% of what F shit.
china total debt to GDP, including both internal & external debt, govt & private debt, easily 700-800% of GDP.
china foreign reserved is still US$3T> my foot, with recent sanction, pull out factories & investment, plus all the USD debt, china actual reserved is negative now.
all these know but comie dogs here, especially niubee, real moron, let see how he reply my this post, LOL LOL.
中国外汇储备扣除历年外商投资本金和盈利，不但不是官方说的顺差三万亿，反而是负债两万六七千亿美元，已经资不抵债
all these moronic comie dogs here!
with USD so strong now, plus US high interest, best time to hold US debt & treasuary yet china dump left below $1 trillion, huge lost on those sold out earlier!
now china heavily short of USD, that is why many china company default their USD bond, same to russia today, default bond & bankrupt.
as above, china reserved today is negative, huge negative. China UST bond value minus foreign investment minus china USD debt globally, easily negative US$3 trillion or more, sibei jialat liao, that is why china cant follow US to hike rate, china debt burst on the way!
天天硬事2222期—01 中日都在大幅度减持美债，中国首度跌破1万亿美债储备大关，日本紧跟其后不断减持救市 02 韩国遭遇生菜困境、政府给外国企业优惠政策，西方经济的金丝雀正在鸣叫着发出信号
(19-07-2022, 11:01 AM)teaserteam Wrote: [ -> ]No money Liao. Must use Ah Kong money built over the last 30 years to pay debts. Remember domestic debt people owed the banks are 182% of GDP. interest alone is USD 1.3 TRILLIONS PER YEAR. 2.5 years, the 30 year saving will b gone liao
You are confusing internal with external debt - The former you have control, the later you have little control.
China is now controlling both. debts
Show you 2 e.g:
a. External debt - US gov sells its debt overseas through its Treasury Bonds...Countries who "trust" USD then buy them.
b. Internal debt - Australia public debt blew pass $1.3T during the last 2 years of Pandemic...
https://www.smh.com.au/politics/federal/...577ra.html
(19-07-2022, 11:34 AM)revealer Wrote: [ -> ]These are domestic debts where people will be very unhappy if they have no money to pay the interests & the banks are going after them. This is especially so if the bulk of these is for housing loans with building delivery dates suspended and people are jobless.
The Japanese resolved this problem in 1999 by slashing the interest rate to negative so that people can refinance their debt at lower interest. But somehow, they lost 2 decades of growth as a result.
Not sure about what the Chinese Government would want to do next. Definitely, the recent billion Yuan dropped in by PBOC would not help to reduce much of these debts. The USD 26.7 Trillion domestic debts (recorded in 2020) is a gigantic sum.
Cannot compare - Japan bubble blew soon after the plaza accord was designed...leading to inflated Yen which made Jap richer, ending up with crazy high property speculations......So when sh!t high the fan when the house of card came down when Japan lost its competitiveness..This is what we saw in the "lost decades" of Japan...
In China, that is deal between the bank and their customers....none of that has any relation with China's much larger strategic plan in the coming decades.
Perhaps pple forget, with the +40 years of Open Door policies and successful economic growth, China remains unlike Japan or US - it is not a system that depends on private sectors or businesses that are "too big to fail"
(19-07-2022, 09:17 AM)Scythian Wrote: [ -> ]No sweat.. As Singapore Govt and MAS can easily make up for the decline from China
You look SG too up already lah...
Granted unlike other currencies like MYR, AUS, INR, our SGD is going from strength to strength simply because of our Reserves and our Sovereign Wealth Funds, and unlike many of them which are commodity depend, SG focus is playing the middle-guy-$-transit-hub....What is not like what the Chinese or Jap, who are major exporters, can do to influence US debt....
(19-07-2022, 11:31 AM)sgxin Wrote: [ -> ]Just saw this douyin video where the vlogger says China banks have now disallowed buying of physical gold n silver by consumers. Latter can only sell them back to the back. So perhaps the Chinese central bank is stocking up on gold/silver as they liquidate more US/foreign assets.
https://v.douyin.com/2A472QH/
The Chinese had been gradually reducing USD exposure (including US treasury bond) since D Trump became president. I guess we already know why...and one of the outcome is they buy more Gold and diversify to other investments...This just another e.g of Chinese way of planning for the long term (after the USD era is over ?)
in the short run, China may continue to buy US Treasury bonds, given there are few other better options for China to invest its vast foreign exchange reserve assets...China should increase its gold reserves, anchor the RMB to critical resource exports like Rare Earths, and increase the amount of RMB settlement and RMB pricing power when importing resources from other nations.
https://www.globaltimes.cn/page/202205/1265887.shtml
![[Image: Cropped-1617344696AP_21056325490867.jpg]](https://s3-ap-northeast-1.amazonaws.com/psh-ex-ftnikkei-3937bb4/images/6/2/4/5/33395426-3-eng-GB/Cropped-1617344696AP_21056325490867.jpg)
Better dump all the US bond, no need to give face.
跟君子才讲道理。
toilet paper already only the curtain has not come down.
music still on mean we can see how skilful China is.
U don't expect the mandarins to be stupid or do u?
(19-07-2022, 11:31 AM)sgxin Wrote: [ -> ]Just saw this douyin video where the vlogger says China banks have now disallowed buying of physical gold n silver by consumers. Latter can only sell them back to the back. So perhaps the Chinese central bank is stocking up on gold/silver as they liquidate more US/foreign assets.
https://v.douyin.com/2A472QH/
Great insight unlike the anti China forumers who are shallow thinkers with hardly any finance background but tried to show their prowess in finance but failed miserably.
They connect drop in foreign reserves denominated in USD as China going bankrupt!
To help enlighten these simpleton gullible anti China forumers China is LIQUIDATING assets denominated in USD and convert them to other assets! What assets these simpletons anti China forumers asked! Well it's state secret! China tells you for what!? You all insignificant shrimps! Reveal to the west for what!? Just quietly sell USD denominated assets and go to other assets including physical assets!
Hope you all naive simple minded anti China learnt something today! It's ok! No one is perfect! Don't have to kick your own arse to wake up your ideas ... and please don't kpkb! We other forumers hack care!
(19-07-2022, 04:39 PM)RiseofAsia Wrote: [ -> ]Better dump all the US bond, no need to give face.
跟君子才讲道理。
To the Chinese, holding US bond is always a double edged sword...the trick is how to use it without hurting both sides (US and China)
Bankrupt loser kokee howling again and again and again and again and again and again and again and again and again and again and again and again and again and again
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 woof woof woof woof woof
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Karma kokee
