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sharetea
searching PlanetScale…
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91.
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by
sharetea
11y ago
Anne Stevenson-Yang, a journalist and software executive who's worked and lived in China since 1985, and now a research director at an investment capital firm, has this to say about China's GDP: "actual Chinese GDP is probab
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They Did It Again – China Sinks Yuan 1.7%
(wsj.com)
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sharetea
11y ago
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China suspected in hack on American Airlines
(cbsnews.com)
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sharetea
11y ago
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sharetea
11y ago
It really sounds like the fascist/autocratic states in Asia (Russia/China) with its economy failing, is slowly resorting to territorial aggression against neighboring countries in order to claim more resources. With Russia bumping
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sharetea
11y ago
Agreed, and actually part of that storyline is the fact that there is a massive outflow of capital from China, estimated $1 Trillion cash flowing out of China last year ( http://bit.ly/1CP8Oj3 ), no doubt to due the people&#x
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sharetea
11y ago
That traffic jam was just an extreme example, of course. But in my recent 3 taxi rides in Beijing, it's always been at least an hour stuck in bumper to bumper traffic. It's just a very old city not suited for the amount of cars
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sharetea
11y ago
NYT article has a point. I would just like to point out that Beijing also has traffic jams unparalleled in the world Traffic jam backs up 10km outside Beijing ( http://bitly.com/1FSIJPB ) As well as pollution that have incre
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sharetea
11y ago
here you go -> 282% of GDP http://www.bloomberg.com/news/articles/2015-05-08/china-s-ve...
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sharetea
11y ago
The similarity between China now and Japan 1990 is very noticeable. That is, they're both exporting country that has an aging demographic which likes to save, has a small consumer base compared to export, and is losing export shares a
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China Trade Halts Locks Up $2.2 Trillion of Shares, Freezing Market
(bloomberg.com)
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sharetea
11y ago
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128 comments
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sharetea
11y ago
China is in deep trouble; it has a total debt to GDP ratio of 282%, the highest compared to the other big gdp countries. ( http://bloom.bg/1evYSQ5 ). The housing bubble has already burst in the 3rd and 2nd tier cities in Chi