no, trade waves, not marrying them.
fundenmentally, they are not thinking like the westerners. if they can take 10 bcuks today, they will not wait for 100 bucks tomorrow.
China stock market in free fall....no one paying any mind.
- Thread starter S2007S
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no, trade waves, not marrying them.
fundenmentally, they are not thinking like the westerners. if they can take 10 bcuks today, they will not wait for 100 bucks tomorrow.
Fair point but you're talking in decades time frames. The time frames where everbody went to China to do business and they had the fast paced growth story. But this time is different. Everybody is leaving. Lehman was childsplay in comparison. They are now worse off then Japan was. Lost decade m8. And in comparison to Japan they have much more trouble and a reputation even a hooker seems holy next to. Wanna buy dirt cheap? Better do it in India. I personally prefer Poland as my aim. But to each their own.
A 278 Billion dollar stock market rescue plan is in the works.
https://www.bloomberg.com/news/arti...k-market-rescue-package-backed-by-278-billion
https://www.bloomberg.com/news/arti...k-market-rescue-package-backed-by-278-billion
I told you NOT to worry. Forget the charts. The bull market and 180 degree turn around has begun. Upside 50-100% next 2 to 3 years as they begin to pump it higher like we do here on wallstreet
Chinese authorities are aiming to get about 2 trillion yuan ($278 billion) through offshore entities, according to Bloomberg.
Chinese policymakers have also put aside 300 billion yuan of local funds that would be used to invest into onshore shares.
https://www.cnbc.com/2024/01/23/chi...tock-markets-could-mobilize-278-billion-.html
Remember there are no such thing as free markets here in the US or anywhere in the world.
Intervention is always needed to keep the propping of markets going.
I know that. They need to keep up with the Jones's (USA).
And 278 Billion ain't shit anymore, but I think its just the begining.
They are going to need to keep putting in more and more funding to beef up their stock market.
So those 44 billion from the last two years are trapped, you don’t say.
Chi nnnnnnnnnnnna. Catch a falling knife anyone?
Shanghai ended week like how it started, and the month of January how it started, and the decade of the '20's yadayadayada.
Today's low, another multi-year low, was 2666.33
I thought this was supposed to be their century? Almost a 1/4rd done and pffft.
Shanghai ended week like how it started, and the month of January how it started, and the decade of the '20's yadayadayada.
Today's low, another multi-year low, was 2666.33
I thought this was supposed to be their century? Almost a 1/4rd done and pffft.