Everything declining! ATBs must be lelonging their cb.
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Serious Bloomberg - Tiong Economy Collapsed Further!
- Thread starter Pinkieslut
- Start date
Everything declining! ATBs must be lelonging their cb.
China already collapsed in 2011.
Old news.
Old news.
Collapse again?
Where have I heard tat b4? This chestnut is getting old
Talk about fake news
US has not audited it's good deposit for a very long time. Decades. Some say it's not there anymore. It took Germany Months to get it's gold back from US treasury where it was kept for safety.
Cannot be. Saudi just borrowed money from China
Business deals
Flags of participating countries are pictured ahead of the China-Arab summit in Riyadh in December 2022. © Reuters
August 1, 2024 22:06 JST
DUBAI (Reuters) -- Saudi Arabia's sovereign wealth fund PIF has signed six memorandums of understanding (MOUs) worth a total of $50 billion with leading Chinese financial institutions, the fund said in a statement on Thursday.
The MOUs were signed with Agricultural Bank of China (ABC), Bank of China (BoC), China Construction Bank (CCB), China Export and Credit Insurance Corp. (SINOSURE), Export-Import Bank of China (CEXIM), and the Industrial and Commercial Bank of China (ICBC), the statement added.
Business deals
Saudi sovereign fund PIF signs $50bn deals with Chinese banks
Pacts with 6 institutions encourage 2-way capital flows
Flags of participating countries are pictured ahead of the China-Arab summit in Riyadh in December 2022. © Reuters
August 1, 2024 22:06 JST
DUBAI (Reuters) -- Saudi Arabia's sovereign wealth fund PIF has signed six memorandums of understanding (MOUs) worth a total of $50 billion with leading Chinese financial institutions, the fund said in a statement on Thursday.
The MOUs were signed with Agricultural Bank of China (ABC), Bank of China (BoC), China Construction Bank (CCB), China Export and Credit Insurance Corp. (SINOSURE), Export-Import Bank of China (CEXIM), and the Industrial and Commercial Bank of China (ICBC), the statement added.
Chinese Xi must re-start his economy by bailing out the troubled developers.
It is only starting bailing out these developers, then banking and finance sector won't be affected. By bailing out these troubled sectors, the consumer will start to spend and create more jobs. By creating more jobs, it also creates confidence. People will start to spend and spend the way out of trouble economy.
Meanwhile, Xi must stop having wet dream, like having the might and power of USD, that China can print money out of thin air like the American. Stop your military build up and giving money to your poor brothers in Africa.
It is only starting bailing out these developers, then banking and finance sector won't be affected. By bailing out these troubled sectors, the consumer will start to spend and create more jobs. By creating more jobs, it also creates confidence. People will start to spend and spend the way out of trouble economy.
Meanwhile, Xi must stop having wet dream, like having the might and power of USD, that China can print money out of thin air like the American. Stop your military build up and giving money to your poor brothers in Africa.
Interest rate from China is damn cheap.Cannot be. Saudi just borrowed money from China
Business deals
Saudi sovereign fund PIF signs $50bn deals with Chinese banks
Pacts with 6 institutions encourage 2-way capital flows
Flags of participating countries are pictured ahead of the China-Arab summit in Riyadh in December 2022. © Reuters
August 1, 2024 22:06 JST
DUBAI (Reuters) -- Saudi Arabia's sovereign wealth fund PIF has signed six memorandums of understanding (MOUs) worth a total of $50 billion with leading Chinese financial institutions, the fund said in a statement on Thursday.
The MOUs were signed with Agricultural Bank of China (ABC), Bank of China (BoC), China Construction Bank (CCB), China Export and Credit Insurance Corp. (SINOSURE), Export-Import Bank of China (CEXIM), and the Industrial and Commercial Bank of China (ICBC), the statement added.
If china has even more, please borrow more.
Like the yen carry trade? Zero interest..
As of July 2024, Japan's central bank, the Bank of Japan (BoJ), raised its short-term interest rate to 0.25%from 0–0.1%. This was the second time the BoJ raised interest rates in 2024, and the first time in 17 years that it raised rates above zero. The BoJ's move was intended to help normalize monetary policy in the world's fourth largest economy.
The BoJ's interest rate hike was driven by a number of factors, including: Broadening wage hikes, Rising services prices, and A weakening yen.
The BoJ's governor has indicated that it may raise rates further if inflation remains on track.
The average interest rate on ordinary deposits in Japan was 0.02% per annum in August 2024. This is an increase from previous years, when the average rate was close to zero.
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