China’s economy and population is on the rocks

[ADevilYouKhow]

China Puts Evergrande’s Billionaire Founder Under Police Control

Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police control, according to people with knowledge of the matter.

www.bloomberg.com

 

[ADevilYouKhow]

China Is Suffering a Brain Drain. The U.S. Isn’t Exploiting It.

China’s brightest minds, including tech professionals, are emigrating, but many are not heading to America. We spoke to them to ask why.

www.nytimes.com

 

[ADevilYouKhow]

The list of high-profile executives in China that have been investigated, face exit bans, or have just gone missing, keeps growing

China is cracking down in a string of high-profile corporate leaders in recent years through investigations, exit bans, and heightened surveillance.

www.businessinsider.com

China's economic activity again weakened in September, China Beige Book survey shows

Several August economic indicators underscored nascent signs of stabilization in the slowdown in the Chinese economy.

www.cnbc.com

Sri Lanka Creditors Said to Seek Debt Restructuring Deal Without China

Some members on the committee of Sri Lanka’s official creditors are pushing to reach a deal to restructure the nation’s debt without the participation of China, according to people familiar with the matter, a move with potential implications for how richer nations handle financial stress in the...

www.bloomberg.com

Yen intervention a hard sell even as 150 to the dollar 'red line' beckons

The yen's slide to the cusp of 150 per dollar has put investors on high alert for the risk of intervention. But, Japanese authorities could find propping up their currency both difficult to achieve and hard to justify.

www.reuters.com

 

[ADevilYouKhow]

China bans new offshore brokerage accounts to prevent 'bypassing' of forex controls

China has for the first time issued a notice prohibiting domestic brokerages and their overseas units from taking on new mainland clients for offshore trading, according to an official document seen by Reuters and confirmed by four sources.

www.reuters.com

 

[ADevilYouKhow]

Former Bank of China boss arrested on corruption charges

Liu Liange charged with accepting bribes and illegally granting loans amid country’s anti-corruption drive

www.theguardian.com

 

[Redwood]

COVID amplified it

 

[ADevilYouKhow]

Capital is leaving China at the fastest pace in more than 7 years, sending the yuan lower

The yuan is less than 1% from its lowest point of the year as investors continue to flee Chinese markets.

markets.businessinsider.com

 

[88m3]

 

[Pressure]

Hahaha finessed.

Get Loaned 1 bn from China to pay China to ship in chinese workers to build a project worth 20 percent of your gdp that isn't complete and did nothing for your own citizens.

 

[88m3]

Hahaha finessed.

Get Loaned 1 bn from China to pay China to ship in chinese workers to build a project worth 20 percent of your gdp that isn't complete and did nothing for your own citizens.

insanity


belt and road

 

[Pressure]

insanity


belt and road

The great fleece road