[kokee]

china Q2 gdp growth is 0.4%!!
more importantly, china govt deficit this yr easily hit around $6 trillion, where to find these money? no money liao, look at all the banks run & problem, plus all the abandon & stop paying housing loan, china banks can close shops liao!!
gigantic debt & debt burst on the way!!
GDP growth is nothing!! no one bother china data & statistic!! Infrastructure contribute to huge part of china GDP growth!!






中共GDP清零！五大經濟大省負增長！

so china Q2 gdp growth is 0.4%, 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

recession or not is no big deal, 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!!