I don't trust any products or services of companies run by Indians from the top town. Izzat, jugaad, and all that.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
RMB will appreciate to 1 USD 6 yuan?
They are selling a lot of rmb bonds.
Chyna is to blame
"The only good solutions lie with Beijing. It could take action to overcome deflation in its own economy, to remove structural barriers to domestic consumption, to let its exchange rate appreciate and to halt the billions in subsidies and loans it directs towards industry. That would be good for the Chinese people, too, whose living standards are sacrificed to make the country more competitive."
This part is just cope trying to frame it as" good for the chinese people" like they know what's good for Chinese people I can't with this west superiority complex and arrogance
“What’s great for the Chinese people is to make the country less competitive.” Propagandists aren’t even trying any more. The reality is that all of these supposed solutions from Western think tanks are designed to be self serving, to transform China into a dependent colonial holding of the West and particularly its financial elites, like so many other countries.
The truth is that China would rather be more competitive than a better place for Western elites and their local collaborators to live. Of course a certain amount of rebalancing must and will happen but it will not be to benefit trade with the West.
If Europe wants China to buy their stuff, consider making something of actual value first.
The truth is that China would rather be more competitive than a better place for Western elites and their local collaborators to live. Of course a certain amount of rebalancing must and will happen but it will not be to benefit trade with the West.
If Europe wants China to buy their stuff, consider making something of actual value first.
There is silver shortage in SHFE vault as domestic purchases and exports have exploded in the past month.
Putting an export cap will kill the credibility of all commodity exchanges in China.