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It is quite interesting.If Xi said prices will fall 100 percent...

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DavoMagic

16,897 Posts.

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02/01/24

20:15

Post #: 71699070
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Originally posted by NavyDiver: ↑

I am Not anti China! Its issues with taxation, property and population and the change of course is not pretty to observe.

to SCMP today has "
Is China uninvestable or irreplaceable? Foreign investors ponder rising risks vs rewards of world’s second-largest economy
China has been on a charm offensive to woo foreign investment, but direct investment liabilities fell for the first time in the third quarter, suggesting they are easing off
De-risking, geopolitical tensions and tightening regulation have turned some investors away, while others still see the potential in China’s market of 1.4 billion people
"

Ying and YANG?

Head lines like "Country Garden Affiliated Property Manager Writes Down $576 Million" are small change to the massive self-inflicted economic damage imposed.

Hope they can steady their ship.

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It is quite interesting.

If Xi said prices will fall 100 percent in China in 2024, Biden and his advisors would not know what to do and China would firmly be in control!!!
Last edited by DavoMagic: 02/01/24
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