Chinese Economics Thread


Bellum_Romanum

Captain
Registered Member
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Bloomberg

China Growth Stocks Look Like Havens as Markets Confront Omicron​

  • ChiNext Index climbs as much as 1.6% amid broad Asia weakness
  • Nation’s Covid-zero policy seems to find favor among investors


China’s Covid-zero strategy seems to be proving a boon for its equities as global markets fret over the omicron coronavirus strain. Nowhere is this more evident than in the performance of the nation’s growth-heavy ChiNext Index.

Remember, Ray Dalio's "The Changing World Order" comes out this morning. Perfect timing to read this book
I pre-ordered that book and also has the audio book because he narrates well and his voice adds more credibility and weight in my opinion.
 

Orthan

Junior Member
Caixin article about LGFV buying lands for the government to compensate for the property firms lack of buying.

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what do you think of this? seems to me that the local governments are just getting into debt using the LGFV.
 

Bellum_Romanum

Captain
Registered Member
Did Ray Dalio really read his own book out loud for a recording?

I wouldn't do that even if you paid me one billion
Lol and with another person. I don't mind it man, I like listening to Audible audio books.

Plus, the fact that Ray Dalio took his considerable time to study and re-examined and understand the current geopolitical contests between China and his beloved country the U.S. is in my opinion very much admirable and laudable. The man of his stature, wealth and responsibility could have simply join the anti-China bandwagon and provide the usual growing anti-China rhetoric in the U.S. as many U.S. business and "analysts" have done but he stuck his neck out to the point that he's earned a reputation in his country as somehow too "generous" on China or being too close with the evil See See Pee . And that takes guts, above all intellectual and moral integrity to say nah you're wrong and here's why....For that he has my undying respect and appreciation for being a person worthy of respect and admiration.
 
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