David's faith Jul 4, 2024 #61 Their economy is weak, real estate bursting bubble, low interest rates, tight lending standards... Ladies and gentlemen, China will be a third world country again soon. Forget that powerhouse you thought it were.
Their economy is weak, real estate bursting bubble, low interest rates, tight lending standards... Ladies and gentlemen, China will be a third world country again soon. Forget that powerhouse you thought it were.
G gwb-trading Jul 9, 2024 #62 An interesting article on China's economy and the slow-down in online consumer purchasing. The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items https://www.businessinsider.com/china-economy-so-bad-people-wont-buy-cheap-alibaba-items-2024-7 China's largest online sales have consistently raked in billions of dollars. Now though, they seem to be losing their luster. Consumer confidence is shaky, with high unemployment and a real estate crisis dragging the economy down. (More at above url)
An interesting article on China's economy and the slow-down in online consumer purchasing. The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items https://www.businessinsider.com/china-economy-so-bad-people-wont-buy-cheap-alibaba-items-2024-7 China's largest online sales have consistently raked in billions of dollars. Now though, they seem to be losing their luster. Consumer confidence is shaky, with high unemployment and a real estate crisis dragging the economy down. (More at above url)
G gwb-trading Jul 29, 2024 #63 Liquidators Struggle to Recover Cash From China’s Broke Builders https://www.bloomberg.com/news/arti...e-to-recover-cash-from-china-s-broke-builders
Liquidators Struggle to Recover Cash From China’s Broke Builders https://www.bloomberg.com/news/arti...e-to-recover-cash-from-china-s-broke-builders
