Any bad news on the Chinese economy now is probably “good” because the market is expecting decisive policy support to stimulate growth, says Jason Hsu, chairman and chief investment officer of Rayliant Global Advisors.
Bad news on China’s economy now is ‘good’ news, says fund manager
- Update Date：
- Post Date：
- Tags
Another ultra-economic surge is building in China.
China’s Common Prosperity is an initiative to reduce plutocracy and wealth inequality like the USA and India, where 1% of the population can own up to 50% of the country’s wealth. It has resulted in many rich people in Beijing and Shanghai divesting some of their wealth overseas.
Through Common Prosperity, China will enforce the implementation to reduce illegal tax avoidance and illegal monopolies in China.
China’s government will focus on developing tier 3 and 4 cities with over 1.1 billion people. It will result in another surge of high growth in China like what happened to China decades ago.
Istj!!!!!
Unlike the western belief that China will do something to prop up its economy, this time around China will not do anything. If anything has taught me about XJP since 2020 it is this the more pressure you give him the more he won’t budge. He will double down because now his focus is on the west that means foreign policy.
XJP : the latest participant in the “lying flat” movement!
With all that unemployment and the harsh bitter taste of the real estate house of cards, yes …good luck with China ramping up its internal consumption rates ..
🐾
THE U.S DESTROYED ITS MIDDLE CLASS, ITS TAX BASE BY REFUSING TO INVEST IN AMERICA. IT GAVE TAX CUTS TO THE RICH AND THE WEALTH NEVER TRICKLED DOWN. THE CHINESE ARE SMART TO AVOID THIS IDEOLOGICAL INSANITY IN THE WEST. WITHOUT A MIDDLE CLASS THERE IS NO TAX BASE AND WITHOUT A TAX BASE THE GOVERNMENT HAS TO BORROW AND SPEND INCREASING ITS DEFICITS . THIS BELIEF THAT THE RICH GOT RICH BY THEM SELVES IS STUPID. NO ONE CAN BUILD A COMPANY ALONE. THEY USED THE VERY INFRASTRUCTURE AND HUMAN CAPITAL THAT WAS BUILT BY PREVIOUS GENERATIONS. COMMON PROSPERITY IS GREAT IDEA. AMERICAN INCOME INEQUALITY HAS CREATED A PLUTOCRACY WHO IN TURN FUND THE CAMPAIGN OF OUR POLITICIANS WHO IN TURN DO THEIR BIDDING, WHILE OUR NATION GOES TO HELL. COMMON PROSPERITY IS CALLED SOCIALISM IN AMERICA.
One day bad other day good
America and Europe should
Take care of it self Sydney Australia 🦘🦘🦘🦘🦘🦘🦘
China did not give free money out during the pandemic. But the Chinese consumer still has a ton of savings. I would just sit in Chinese stocks while the authorities bid their time on the next move.
you really have to be an idiot to invest in a totalitarian controlled economy like China.
You taking this not easy CCP get stuck
80% of Chinas energy comes from coal. Remember Hillary Clinton said she would end coal production in America. Joe Biden is doing exactly what Hillary told him to do.