China Cash Flow Cutoff

[stealthpakfa]

gordon chang is another typical china basher along with jim chanos.

he hates china even though he is chinese. what a traitor.

this guy should should be beaten to death.

[lc36163]

This guy has been predicting the downfall of the Chinese economy since it began to boom in the late seventies.

This China credit tightening in late 2009 / early 2010 is not news. People like Jing Ulrich expected it to happen a few months back. It's only natural for the banks to tighten credit to avoid over heating the economy...

[superiorgreen]

Within a week of Obama's visit ..... coincidence?

[ubuibiok]

No... last Treasury issue sold out, it had Huge Demand of Dollar cash on the side lines....there is a growing number of China bears, the $4.3 trillion Chinese economy is under-performing despite a $900 billion stimulus program.

Also, China seems to be cooking its books, claims a huge surge in car sales while gasoline sales stay flat. China has too much capacity to produce too many goods for too few buyers, and Domestic sales are not making up the 250 Billion in sales difference from 2008.

[superiorgreen]

The dollar vs. Yuan is at a 14 year low. Everybody is trying to get rid of dollars, but can't too fast, because it is what makes their currency stable. They cannot buy oil without dollars. China is cooling off, but far from cold. The GDP growth rate will exceed 5% for a decade. They are too reliant on the dollar, know it is precarious, but are the world's largest holder of dollars. China has more dollars owed than the FED could print in 5 years. The dollar died at the last G20 summit.