Global investors are leaving China as the regime’s policies fail

Social problem 07/19/22, 01:28

After years of drawing foreign capital as an attractive investment destination, China is now facing de-globalization, where investors gradually withdraw their money from the world's second-largest economy.  Investors cite multiple justifications for their withdrawals, from the strict zero-Covid strategy to unpredictable regulatory policies or battered real estate market, even Xi's coziness ...

Sri Lanka stuck in its debt trap but still thirsty for China’s poison

Sri Lanka 07/18/22, 01:32

After getting close to China, then being stuck in China’s debt trap, Sri Lanka is still thirsty for the Chinese regime’s sweet poison. On July 15, Bloomberg reported that Sri Lankan Acting President Ranil Wickremesinghe is seeking for the International Monetary Fund to provide financial support.  Sri Lanka’s federal government owes global ...

Dangerous sign in China: House buyers intend to stop repaying loans

Economy 07/18/22, 01:19

A new and dangerous signal has emerged in China’s financial system as hundreds of house buyers intend to stop repaying loans. At the end of June, all the buyers of the Evergrande Longting Project in Jingdezhen, Jiangxi Province, issued an open letter. They complained that over 900 houses in the project ...

China economy is close to contraction, S&P warns of stagflation

Economy 07/17/22, 01:30

China's economy performed worse in the second quarter of 2022, with gross domestic product (GDP) recording the lowest growth since the start of the Covid pandemic. And a global credit rating agency has given a warning of a potential stagflation. The National Bureau of Statistics of China announced on July 15 ...

3 Chinese top airlines expect huge losses due to Covid and other reasons

Economy 07/17/22, 00:49

China's three largest airlines are expected to suffer heavy losses in the first half of this year, citing adverse impacts from the repeated Covid outbreaks and surging fuel prices.   China Southern Airlines, Air China, and China Eastern Airlines are estimated to post combined losses of around $8 billion in the first ...

Continuous bad news for Chinese economy

Insights 07/16/22, 18:30

July 15 was bad news for the Chinese economy as the country's three major airlines lost $7.8 billion in the year's first half. After the Chinese regime proclaimed that three major airlines in China announced orders for 292 Airbus A320 aircraft worth about $37 billion from the European multinational aerospace corporation ...