Chinese economy collapsing under Biden

[lennypartiv]

Well, well, well, another black mark against Biden. Seems to be a real estate issue which is about to take China's economy way down. This could be real bad news.

---Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.---

---A string of defaults in the shadow banking sector could have a wide ranging chilling effect as many individual investors are exposed to the high-yielding trust products.---

China's economic woes mount as trust firm misses payments, home prices fall

Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.

www.reuters.com

 

[excalibur]

Well, well, well, another black mark against Biden. Seems to be a real estate issue which is about to take China's economy way down. This could be real bad news.

---Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.---

---A string of defaults in the shadow banking sector could have a wide ranging chilling effect as many individual investors are exposed to the high-yielding trust products.--i

https://www.reuters.com/world/china/chinas-new-home-prices-fall-first-time-this-year-2023-08-16/[

Biden? WTF does Biden have to do ...ost: 32697258, member: 72354"] /URL] [/QUOTE]

 

[John Edgar Slow Horses]

You are blaming China's problems on Biden?

Son, covid was a world wife event caused by covid and the shutdown of the international economy. Trump was part of that.

 

[Tom Paine 1949]

We see here the instinctual idiocy of some MAGA Trumpsters to blame all economic problems (including good ones like China’s) on Biden & his Administration.

Many argue ridiculously that Biden is “in XiJinping’s pocket” or on his payroll. Nothing can be further from the truth.

U.S. sanctions against Chinese high tech and defense-related companies are far more severe than they were under Trump, harsher than they have been since before China joined the WTO. With gov’t encouragement U.S. industry is now securitizing its trade and logistic relations with our allies (China is strongly effected & furious about this) and our policy of building anti-Chinese alliances — for example with Japan and South Korea as shown in today’s tripartite meetings — has been handled very cleverly (there are immensely distinct histories and trade interests involved.)

I am no war-hawk and have criticisms of some dumb moves made by both Democratic & Republican politicians in handling our now very difficult and complex economic & political relations with China. We need to be firm, but not adventurous, and do our best to keep open ordinary trade relations and useful mutual investing where possible. Xi is now under increasing pressure. We want the Chinese people to understand that ultimately it is the Xi regime and not the West that is holding them back.

But as expected, most “Trump Party” Republicans will never stop posturing and criticizing U.S. foreign policy so long as the Dems are in power, and arguing Trump was a genius in this field as in every other.

 

[dudmuck]

We see here the instinctual idiocy of some MAGA Trumpsters to blame all economic problems (including good ones like China’s) on Biden & his Administration.

Many argue ridiculously that Biden is “in XiJinping’s pocket” or on his payroll. Nothing can be further from the truth.

U.S. sanctions against Chinese high tech and defense-related companies are far more severe than they were under Trump, harsher than they have been since before China joined the WTO. With gov’t encouragement U.S. industry is now securitizing its trade and logistic relations with our allies (China is strongly effected & furious about this) and our policy of building anti-Chinese alliances — for example with Japan and South Korea as shown in today’s tripartite meetings — has been handled very cleverly (there are immensely distinct histories and trade interests involved.)

I am no war-hawk and have criticisms of some dumb moves made by both Democratic & Republican politicians in handling our now very difficult and complex economic & political relations with China. We need to be firm, but not adventurous, and do our best to keep open ordinary trade relations and useful mutual investing where possible. Xi is now under increasing pressure. We want the Chinese people to understand that ultimately it is the Xi regime and not the West that is holding them back.

But as expected, most “Trump Party” Republicans will never stop posturing and criticizing U.S. foreign policy so long as the Dems are in power, and arguing Trump was a genius in this field as in every other.

if its sunny tomorrow, its a black mark on Biden.
If its cloudy tomorrow, its a black mark on Biden.
If ukraine recovers territory, its a back mark on Biden.
If Russia gains territory, its a black mark on Biden.
etc.

 

[1srelluc]

if its sunny tomorrow, its a black mark on Biden.
If its cloudy tomorrow, its a black mark on Biden.
If ukraine recovers territory, its a back mark on Biden.
If Russia gains territory, its a black mark on Biden.
etc.

Well he is a POS so.....

 

[XponentialChaos]

If China’s economy was going down during the Trump presidency, you guys would be praising Trump for it.

 

[lennypartiv]

---But the picture emerging from property agents and private data providers is far more dire.---

China’s bursting housing bubble is doing more damage than official data suggest

China's method of measuring home prices may understate declines, as private data suggests drops of at least 15% in major cities.

fortune.com

 

[Skylar]

Well, well, well, another black mark against Biden. Seems to be a real estate issue which is about to take China's economy way down. This could be real bad news.

---Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.---

---A string of defaults in the shadow banking sector could have a wide ranging chilling effect as many individual investors are exposed to the high-yielding trust products.---

China's economic woes mount as trust firm misses payments, home prices fall

Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.

www.reuters.com

Why would a struggling economy in China be a black mark against Biden?

 

[progressive hunter]

Well, well, well, another black mark against Biden. Seems to be a real estate issue which is about to take China's economy way down. This could be real bad news.

---Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.---

---A string of defaults in the shadow banking sector could have a wide ranging chilling effect as many individual investors are exposed to the high-yielding trust products.---

China's economic woes mount as trust firm misses payments, home prices fall

Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.

www.reuters.com

are you accounting for all the american assets china has bought up??

 

[John Edgar Slow Horses]

If China's economy was great, Magaturdia would blame Biden.

 

[Mac1958]

We see here the instinctual idiocy of some MAGA Trumpsters to blame all economic problems (including good ones like China’s) on Biden & his Administration.

Incredible to watch. They know they have to attack, and there is simply no limit to the stupid ideas they'll try.

 

[frigidweirdo]

Well, well, well, another black mark against Biden. Seems to be a real estate issue which is about to take China's economy way down. This could be real bad news.

---Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.---

---A string of defaults in the shadow banking sector could have a wide ranging chilling effect as many individual investors are exposed to the high-yielding trust products.---

China's economic woes mount as trust firm misses payments, home prices fall

Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.

www.reuters.com

Evergrande filed for bankruptcy protection in the US... Evergrande: China property giant files for US bankruptcy protection

 

[2aguy]

The Chines economy is in the toilet because they are communists and destroying wealth is hat they do either intentionally or through the incompetence of socialism……they are in a massive population decline because of their stupid reliance on socialism…..and the only thing that is important is how much violence they unleash before they are done….

With the democrats in charge of our country, the destruction around the world is going to be massive.

 

[airplanemechanic]

Hell, this is one thing I'd love to pin on Biden. Finally, he did something right.

Bring them to their knees, you cho-mo.

 

[2aguy]

Hell, this is one thing I'd love to pin on Biden. Finally, he did something right.

Bring them to their knees, you cho-mo.

He didn't do anything......his bosses in China did this to their own country......and no matter how much money they give joe and his sad son hunter, this is all on the communist party

 

[Remodeling Maidiac]

Well, well, well, another black mark against Biden. Seems to be a real estate issue which is about to take China's economy way down. This could be real bad news.

---Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.---

---A string of defaults in the shadow banking sector could have a wide ranging chilling effect as many individual investors are exposed to the high-yielding trust products.---

China's economic woes mount as trust firm misses payments, home prices fall

Missed payments on investment products by a leading Chinese trust firm and a fall in home prices have added to worries that China's deepening property sector crisis is stifling what little momentum the economy has left.

www.reuters.com

Their economy began tanking when they released covid and their draconian measures to control it. Has nothing to do with the US

 

[2aguy]

Their economy began tanking when they released covid and their draconian measures to control it. Has nothing to do with the US

It started before that, but the chinese flu didn't help. Their one child policy, their socialist economic policies....those things put them where they are today....

 

[Blaster]

if its sunny tomorrow, its a black mark on Biden.
If its cloudy tomorrow, its a black mark on Biden.
If ukraine recovers territory, its a back mark on Biden.
If Russia gains territory, its a black mark on Biden.
etc.

Biden sucks!

 

[2aguy]

Biden sucks!

biden is just the puppet.......leftists suck, the democrat party leftists suck .......obama is running this administration...his people are in every part of it...