Erik Nelson, macro strategist at Wells Fargo, discusses Fitch’s China outlook downgrade to negative.
China doesn’t have an appetite for more stimulus: Strategist
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Erik Nelson, macro strategist at Wells Fargo, discusses Fitch’s China outlook downgrade to negative.
China does not manage her economy to meet expectations of Wall Street 😂😂😂.
Why need to print money if china is already overcapacity in manufacturing according to Yellen mother told the world in beijing on 9 april 2024?
EU’s von der Leyen echoes Yellen’s calls for tough stance on Chinese overcapacity. Why china need to print more money for stimulus when Yellen and this EU woman said china is overproduction of capacity???? Please someone teach me something
Chinese government has an INDEPENDENT policy and approach. It’s NOT in the service of Wall street
Its not in the service of its own people
@imtryinghere1 that’s Washington not Beijing
@imtryinghere1 you seem to confuse Washington with Beijing
@@ILIVEAGOODLIFE no. if beijing cared about its people, it would provide direct stimulus to its people and absolve a lot of the real estate debt/investment problems. instead it wants to control everything and pick winners and losers in industry
China doesn’t have to follow US over capacity keep printing money approach to keep feeding the greedy corporates.
Yellen doesn’t want cheap & good quality supplies to sell to US consumers. So, the rise of inflation CPI is meeting US govt economic objective 😂
There’s absolutely no cure on jealousy.
CHINA has no appetite for cheap USD Trillions Debts
What is the meaning of no appetite? Not interested or unable?
the local govt debt problem is down to the tax system , if the local govt has asset tax inplemented, then they will get back