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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (8396)1/14/2022 8:23:52 AM
From: Cogito Ergo Sum  Respond to of 13782
 
I am thinking the same.. I made a comment that China easing is not going to be wantonly open all spigots..

They are actually building a new society .. said long ago will never be American or Canadian style..
but folks' lives continue to improve...

In 50 years Deng will be the New Mao :)



To: elmatador who wrote (8396)1/18/2022 6:35:02 PM
From: carranza2  Read Replies (1) | Respond to of 13782
 
Ding, ding, ding!

Give elmat the prize for best post of the month.

Very incisive, very prescient.



To: elmatador who wrote (8396)1/20/2022 1:52:49 AM
From: Snowshoe  Read Replies (2) | Respond to of 13782
 
re <<fine tuning the economy to remove fat>>

China’s civil servants ordered to tighten their belts
scmp.com

- Local governments across the country are cutting back on a range of perks and bonuses as part of a drive to reduce costs

- Some public employees have seen their monthly pay packets fall by up to a third

Updated: 3:12 pm, 12 Jan, 2022



While the cuts have prompted a flurry of complaints on social media by civil servants who are struggling to make ends meet, Premier Li Keqiang last week said a round of belt-tightening was necessary to boost the flagging economy.

Noting that China had lowered taxes and fees by as much as 8.6 trillion yuan since 2016, Li said the process must continue so the government could give more benefits to businesses and energise the economy.