Zhao DaShuai 东北进修🇨🇳

This is Abudijapar Mengdi from Xinjiang China A communist party member of 24 years, watching the flag raising ceremony for the first time in Beijing Several months ago, a video o...

FinFloww

In 2019 China was on it’s way to become the SUPER POWER Now its economy is collapsing, putting millions out of job Famous for debt-trapping poor countries, it’s now trapped in de...

Michael Pettis

1/4 CPI Inflation in China remains very low, up 2.7% year on year in July. This is a little higher than June's 2.5%, but it was driven by a big jump in food prices (mainly pork). C...

TYM Financial Updates

GMM Pfaudler Ltd conducted their Q1 FY23 conference call on 2nd August 2022 Here are the key highlights 👇🏻👇🏻👇🏻 https://t.co/Q1T9FetpMV

Michael Pettis

1/8 "Two Chinese developers have secured support from state-owned shareholders or financial institutions to ease their debt burden, in the latest sign that Beijing is stepping in t...

Michael Pettis

1/5 Pekingnology has translated an interesting article by a former deputy governor of the Bank of China (one of China's "Big Four" banks) on the different ways in which mortgages i...

Michael Pettis

1/10 Yet again China's trade data "surprised" in the same way it has every month for over a year. Instead of slowing from last month's torrid pace, as everyone expected, July's exp...

Zhao DaShuai 东北进修🇨🇳

A young Nancy Pelosi with Hu Xijin the editor of Global Times. The photo is fake, but it does have some logic behind it...🧵 So much of China 's view on Taiwan has been caricaturi...

Michael Pettis

1/7 On Friday the State Council said it hopes to boost China's economic recovery by rolling back restrictions on car and property sales and offering tax breaks and subsidies for en...

Dr. Yakubu Sani Wudil

If you know anyone who is seeking fully-funded scholarship, please tag them in this thread. Updated list of the Scholarships for International Students (bachelors/Masters/PhD) 20...

Sofia Horta e Costa

All of this happened in China this week. A thread. 1/10

Michael Pettis

1/9 Xi Jinping said this week that China must address and resolve the problems of "unbalanced and inadequate development" over the next five years. Among other problems he cites "l...

M. Taylor Fravel

US-China relations are entering perilous period. A short thread. 1/

Michael Pettis

1/13 "Several economists expect that China will avoid a Japan-style stagnation — if the right policies take effect." But when these economists give reasons, it seems they aren't f...

Michael Pettis

1/4 China will accelerate next year’s quota of local government special bonds, according to the chief analyst at Cinda, after 93 percent, or CNY3.4 trillion, of this year’s was use...

Michael Pettis

1/4 Chinese bank-deposit yield curves seem to be inverting. This may matter to growth expectations, the author suggests, because "an inverted yield curve is a closely watched signa...

Michael Pettis

1/8 China plans to set up real estate funds to purchase and complete unfinished home projects, and then rent them to individuals as part of the government's drive to boost rental h...

Michael Pettis

1/5 Why do so many journalists keep saying this? "China is still seemingly better positioned to mount its recovery, helped by its low inflation rate compared to the United States...

Michael Pettis

1/9 Good piece by @Noahpinion on the the Chinese economy. He notes: "The country’s leadership is now hastily backtracking on many of the policies that triggered the slowdown. But s...

Michael Pettis

1/9 Good article on property woes in China. It cites a Chinese analysts who worries that "falling sales mean developers are getting less cash to ease their financial burden, which...

Michael Pettis

1/4 A director at the National Development and Reform Commission "credited the 'superiority' of China’s political system for the 'significantly lower' rise in prices than other maj...

Michael Pettis

1/4 Good Caixin article on Henan's rural banks. The article notes early on: "Evidence is growing that the banks were linked by a web of corruption, lawbreaking and abuse of power w...

Trinh

Blink & you will miss the big news of the week: despite higher commodity costs, China imports grew by a staggering low of 1%YoY in June. Btw, it grew 4.1% in May and -0.1% in April...

Paul

Kolkata connections: The US World War II veteran who was awarded the Medal of Honor in 1997, was shot 5 times, has a US Navy ship named after him, spoke Hindi and spent much of his...