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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (113309)9/10/2015 12:21:26 AM
From: TobagoJack2 Recommendations

Recommended By
3bar
Secret_Agent_Man

  Read Replies (2) | Respond to of 218578
 
just returned from a macro-discussion trip to shanghai

everything is fine

the stock casino is not relevant

the people are all excited about belt and road and

domestic main street economy is in good shape except that some customers abroad may be hiccup-ing

the domestic capital market is fine, except the late entrants to the side show that is the stock casino

domestic monetary affairs are in normal space, being interest for loans and deposits, and

bank reserve ratio is amongst the highest on the planet, at 16-18%, w/ lots of space to cut

real estate market is recovering, that which truly matters

ghost cities have hit bottom and is beginning to attract residents

we must remember that both shenzhen and shanghai pudong were one-time ghost cities, they are necessary

all good

however, it is interesting that a mere 3% devaluation in china can ostensibly cause, per wsj, cnn, nyt, fox, a round of equity tanking amounting to 9 trillion on this planet (w/ 4 out of 9 in china)

but we must remember that the 4 tril 'lost' in china was a needling peak meaningless to china

i suppose the other 5 trillion are as meaningless

i sense opportunity coming, but perhaps another 50% down on the s&p per planetary tightening would make a better wager

what fun



To: elmatador who wrote (113309)9/10/2015 3:22:26 AM
From: Haim R. Branisteanu  Respond to of 218578
 
China is now the 2nd biggest economy in the world and more so a big consumer of raw materials it is obvious that any slowdown in China will hit hard economies that export raw materials



To: elmatador who wrote (113309)9/10/2015 8:31:16 PM
From: TobagoJack  Respond to of 218578
 
african reform is happening

very bullish

the macro conversation counterparty pointed out that the outward-bound migration is speeding up

adventurous boyz in village-size groupings have set up construction camps and such, and really have no planned return date

the male / female ratio that mq fussed over so are getting resolved, even as the 1-child policy is ending

afkinsider.com

Are A Million Chinese Immigrants Building A New Empire In Africa?



More than one million Chinese have emigrated to Africa over the past couple of decades in search of the African dream.

Author Howard French explores what it looks like when China goes global in the 21st century in his book, “China’s Second Continent: How a Million Migrants Are Building a New Empire in Africa.”

A former New York Times bureau chief for China and Africa, French is an award-winning investigative journalist.

Large infrastructure projects by Chinese builders are scattered across Africa, and some of the migrant workers stayed in Africa after construction projects were completed, Fortune.com reports in a review of French’s book.

Africa is also scattered with small businesses run by Chinese entrepreneurs who left their crowded homeland. In French’s book, one of his sources talks about creating a new race when his Chinese sons marry African women.

Today’s China is preparing itself for global influence—the new Asia Infrastructure Investment Bank is but one example, according to Fortune.

China first proposed a development bank about two years ago as a way to help finance the enormous infrastructural needs in Asia, NPR reports. More than 40 countries signed up at the last minute as founding members including key European allies the U.K., France, Germany and Italy.

The Obama administration opposes the bank. Officially, the White House says it is concerned about governance, transparency and social and environmental safeguards. Unofficially, the AIIB is seen as a challenge to U.S.-backed institutions such as the World Bank, according to NPR.

Chinese projects have provided much-needed infrastructure in poor African countries, but have also given Chinese companies favorable terms in accessing Africa’s rich resources in metals, wood and oil, according to Fortune.

French writes about from his perspective covering news in Africa and China.