CHINA economy affecting world markets
BANK RUN in CHINA
January 24, 2014 China Bank Run Beginning?
Farmers Co-Op Unable to Pay Depositors
While most of the attention in the Chinese shadow banking system is focused on the Credit Equals Gold #1 Trust's default, as we first brought to investors' attention here, and the PBOC has thrown nearly CNY 400 billion at the market in the last few days, there appears to be a bigger problem brewing. As China's CNR reports, depositors in some of Yancheng City's largest farmers' co-operative mutual fund societies ("banks") have been unable to withdraw "hundreds of millions" in deposits in the last few weeks.
"Everyone wants to borrow and no one wants to save," warned one 'salesperson',
"and loan repayments are difficult to recover." There is "no money" and the doors are locked.
The locked doors of one farmers' co-op
LIBOR GOLD, Bank scandals, suicides
Bankers suicides - or assassinations?
Nations will be in anguish and perplexity
BRICS, AIIB, Silk Road, Asia banking
DAILY NEWS with prophetic analysis
Two of China's Biggest Banks Have Stopped Lending at Some of their Branches
Branches of Bank of China and the Industrial and Commercial Bank of China (ICBC) have stopped lending amid the country's current liquidity squeeze, according to Caixin Online.
The two banks, are part of the country's Big Four. Bank of China was reportedly having a hard time meeting loan-to-deposit requirements before the liquidity squeeze and it plans to resume lending on July 15.
Meanwhile, ICBC's headquarters set a cap on lending, but what was unusual was that "headquarters had cut down on the quotas to make room for its own operations," according to Caixin. Other sources however said this wasn't a major problem.
Chinese interbank rates, or the rates at which banks lend to each other, began spiking before the Dragon Boat festival earlier this month.
The People's Bank of China alleviated some of the pressure by injecting liquidity into some banks and saying that it would use various tools like short-term liquidity operations to help stabilize rates.
But it's important to remember that the "PBOC promised more liquidity but not enough to support the equity markets or enough to drop rates below 4%," according to Robert Savage at FX Concepts.
Jan. 20 Will China economy Default January 31? The Shanghai Composite
is tumbling to six month lows. It appears the cause is mainly a corrupt Chinese coal company that
has subsequently gone into liquidation. ICBC acted as a custodian and was marketing the fund
to their private banking clients. ICBC will not reimburse the investors if the product defaults.
The product is scheduled to mature on January 31, 2014.
Report links Chinese elite to offshore tax havens
Jan 24, 2014 Report links Xi's family, other Chinese political, business to offshore tax havens
Close relatives of China's top leaders have held secretive offshore companies in tax havens that helped shroud the communist elite's wealth," the group said.
Chinese authorities moved quickly to block the country's public from seeing Wednesday's report.
Economist Nouriel Roubini, renowned for his foretelling of doom and gloom in financial markets, has cast his doubts on China's ability to reform its economy adding that te possibility of a hard landing is yet to be ruled out.
Roubini, the co-founder of Roubini Global Economics, speaking at an event at the World Economic in Davos, said that the economy is too reliant on fixed income investment and the country had imbalances between the quantity and quality of its growth. He said that poor air quality and safety issues in China were examples of how it has failed to grow in an adequate manner.
"I worry that this is going to be a gradual process and China is not going to rebalance fast enough, compared to what is desirable and optimal, and therefore the risk of a potential hard landing have not been totally, actually cleared yet," he said.
China shadow-banking a growing problem
Experts are warning China's surging economy could be derailed by a debt crisis arising from it reliance on the so-called shadow-banking sector.
China's big banks have strict lending requirements and give preference to large state-owned enterprises, forcing many companies and even government entities to look elsewhere for loans.
Inevitably they turn to the shadow-banking sector.
There are no exact figures but the sector is estimated at being the equivalent of 40 per cent of China's gross domestic product (GDP).
"Shadow banking is the financial activity that exists outside the formal banking sector," said Michael Pettis, a former Wall Street banker who now works for Peking University.
"So it includes things like wealth-management products, it includes pawn shops, it includes a wide variety of things - but basically it's the non-regulated part of the banking sector."
Dow had the worst week since 2011
U.S. stocks could be set for another sell off next week
Jan 25, 2014 Dow falls 300-plus points Friday after falling over 100 on Thursday.
The economic slowdown in China added to concerns on Friday that emerging markets, particularly those with large current account deficits, may struggle to support their currencies this year.
China investing Billions in Israel
January, 2014 China is investing billions of dollars in Israel.
China and Israel have been collaborating for years in cross border trade and has had good diplomatic relations.
Around 2010 China encouraged investments in high tech, biotech and agritech, all fields in which Israel has outstanding technology.
Shanghai hosted the World Expo 2010, the first time Israel had its own pavilion there.
HSBC imposes restrictions on large cash withdrawals
Some HSBC customers have been prevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it.
$23 trillion credit bubble in China is starting to collapse – global financial crisis next?
January 25, 2014 – CHINA – Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China on January 31st? We are being told that this could lead to a cascading collapse of the shadow banking system in China which could potentially result in “sky-high interest rates” and “a precipitous plunge in credit.” In other words, it could be a “Lehman Brothers moment” for Asia. And since the global financial system is more interconnected today than ever before, that would be very bad news for the United States as well. Since Lehman Brothers collapsed in 2008, the level of private domestic credit in China has risen from $9 trillion to an astounding $23 trillion. That is an increase of $14 trillion in just a little bit more than 5 years. Much of that “hot money” has flowed into stocks, bonds and real estate in the United States. So what do you think is going to happen when that bubble collapses? The bubble of private debt that we have seen inflate in China since the Lehman crisis is unlike anything that the world has ever seen. Never before has so much private debt been accumulated in such a short period of time. All of this debt has helped fuel tremendous economic growth in China, but now a whole bunch of Chinese companies are realizing that they have gotten in way, way over their heads. In fact, it is being projected that Chinese companies will pay out the equivalent of approximately a trillion dollars in interest payments this year alone. That is more than twice the amount that the U.S. government will pay in interest in 2014.
Over the past several years, the U.S. Federal Reserve, the European Central Bank, the Bank of Japan and the Bank of England have all been criticized for creating too much money. But the truth is that what has been happening in China surpasses all of their efforts combined. You can see an incredible chart which graphically illustrates this point right here. As the Telegraph pointed out a while back, the Chinese have essentially “replicated the entire U.S. commercial banking system” in just five years… Overall credit has jumped from $9 trillion to $23 trillion since the Lehman crisis. “They have replicated the entire U.S. commercial banking system in five years,” she said. The ratio of credit to GDP has jumped by 75 percentage points to 200pc of GDP, compared to roughly 40 points in the US over five years leading up to the subprime bubble, or in Japan before the Nikkei bubble burst in 1990. “This is beyond anything we have ever seen before in a large economy. We don’t know how this will play out. The next six months will be crucial,” she said. Forbes warned: “A WMP default, whether relating to Liansheng or Zhenfu, could devastate the Chinese banking system and the larger economy as well. In short, China’s growth since the end of 2008 has been dependent on ultra-loose credit first channeled through state banks, like ICBC and Construction Bank, and then through the WMPs, which permitted the state banks to avoid credit risk. Any disruption in the flow of cash from investors to dodgy borrowers through WMPs would rock China with sky-high interest rates or a precipitous plunge in credit, probably both. The result? The best outcome would be decades of misery, what we saw in Japan after its bubble burst in the early 1990s.”
China will blame USA - and we are NOT guiltless! They will come. Duduman vision.
Chinese stocks fall, investor panic grows
June 30, 2015 - Shanghai and Shenzhen indices lose £1.6trn in paper value in just 17 days
China’s stocks turned into a bear market on Monday, as frenzied selling continued despite the Beijing central bank slashing interest rates at the weekend in order to calm investor nerves.
China more worrisome than Greece
July 8, 2015 - The really worrying financial crisis is happening in China, not Greece.
China looks like it is heading for its version of the 1929 stock market crash.
Its being called China’s 1929 – the start of the economic catastrophe of the Great Depression.
940 companies have suspended trading on China’s two main indices.
China’s Stocks Plunge
July 8, 2015 - China’s Shanghai Composite Index fell to a 3 month low.
The dramatic sell-off in China's main stock market has continued despite efforts by regulators to try to stem the losses. The Shanghai Composite index plunged 8% on opening, taking the drop in share values to 30% since their June peak. CIRC admitted there is genuine panic selling.
How much is related to Greece failure?
Chinese Stock Market
July 8, 2015 - A real estate bubble behind the Chinese stock selloff.
After rising, the Chinese stock market has been in a sharp correction, Shanghai Composite Index losing close to 25% in 3 weeks!
Some blame margin calls, short sellers and failure to make the transformation from an export and investment driven economy to a consumer driven economy.
China government seeks to preserve the old system of central planning, through massive construction and manufacturing projects for the purpose of employment creation rather than for addressing genuine consumer needs. Major Chinese cities are crowded with growing numbers of new vacant buildings.
China’s real estate bubble is multiplying like an infectious disease and affects other sectors of the economy. Government bureaucrats obsessed with infrastructure resulting in too many steel companies, too many electronics companies, and too many toy companies, created for the purpose of providing to excess labor rather than genuine products to serve real consumer needs.
China’s bubbles are financed by state-owned banks and investment trust companies, which operate as government departments promoting the welfare of the people rather than true banks operating in a market system.
China Stock Market Crash
July 9, 2015 - China’s Stock Market Crash, NYSE Trading Halted!
On the heels of a continued collapse in China's stock markets, King World News warned that China's stock market crash has rattled confidence across the globe, even leading to a trading halt on the New York Stock Exchange.
Chinese Stock Market In Free-Fall
There is proof China was cyber attacking USA heavily on July 8
WATCH CHINA news
China shares fall
July 27, 2015 - Shares in mainland China have recorded their biggest one-day fall in 8 years following a sell-off towards the end of the trading day. The Shanghai Composite closed down. 7 years ago, China was about 11% of global GDP by purchasing power parity. Now it is closer to 17%. And Chinese retail investors are more numerous now, so there are more people with a stake to lose, but still only 50 million of them in a very big country.
Stocks down amid China, commodity slide
U.S. stocks traded lower on Monday as the continued decline in commodities and an overnight plunge in Shanghai stocks.
China crash is a canary in coal mine
July 27, 2015 - China's main stock index recently plummeted 30%, the government imposed restrictions to stem the fall, including a ban on new initial public offerings. There are now no safe places to invest and the environment looks riskier.
July 27, 2015 - Gold marked 10th straight day of losses in the longest losing streak in 20 years.
And some traders say the collapse isn't over, yet.
Worldwide demand for gold coins, gold bars down 17% this year.
So you're not getting the buyers even though the price is going lower.
Gold watchers say one need only to look at the USdollar to find the reason for gold's decline.
China shares continue to slide
July 28, 2015 - DO pay attention, it DOES matter! This is a Shemitah year!
Shares in mainland China continued their slide following a massive sell-off.
China has tried to calm investors by reassuring it will implement prudent monetary policy to stabilise markets. Elsewhere in Asia, stocks traded mixed.
SHEMITAH Sept 13, 4 pages
China Yuan devaluation rattles markets
August 11, 2015 - China devalued the yuan by the most in 20 years, a move that rippled through global markets as policy makers stepped up efforts to support exporters and boost the role of market pricing in Asia’s largest economy. The central bank cut its daily reference rate by 1.9 percent, triggering the yuan’s biggest one-day drop since 1994. The People’s Bank of China called the change a one-time adjustment and said its fixing will become more aligned with supply and demand.
Authorities had been propping up the yuan to deter capital outflows, protect foreign-currency borrowers and make a case for official reserve status at the International Monetary Fund.
The devaluation jolted global markets, with the currencies of South Korea, Australia and Singapore falling.
China yuan currency down - AGAIN
August 12, 2015 - China Central Bank cut the guiding rate for the national currency, the yuan, a day after a near 2% devaluation, sending more shockwaves through Asian markets. The action on the yuan has sparked fears of a global and destabilising currency war. USA markets fell sharply overnight.
AND the Shemitah curse is global - and September 13th.
Is China standing at the Gate of Hell?
One month to go til we know. I'm NOT predicting, just WATCHING.
Some claim the biblical tribulation may begin this fall.
Michael Savage said this is a VERY BIG STORY.
He's also looking at Shemitah.
Doomsday market clock
August 18, 2015 - Doomsday clock for global market crash as central banks lose control.
China currency devaluation signals endgame leaving equity markets free to collapse under the weight of impossible expectations. When the banking crisis crippled global markets 7 years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. BUT Time is running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.
There are signs things could get a whole lot worse.
August 18, 2015 - Is collapse imminent, our way of life under threat of total global meltdown?
There are many warnings that a massive global collapse is imminent.
Perhaps the signs and warnings are there, at every level, for those willing to see it.
Even the Evil frankenpope visit America, the United Nations summit on Agenda 21 development, a stunning policy change at the Federal Reserve, experiments at CERN and the end of the 7 year business cycle.
With these stupid governments printing trillions of new currency units, it’s building up to a catastrophe of historic proportions.
Gerald Celente said - You’re going to see a global stock market crash.
There’s going to be panic on the streets from Wall Street to Shanghai, to the UK and Brazil.
You’re going to see one market after another begin to collapse.
Larry Edelson said - October 7, 2015 the first economic super cycle since 1929 will trigger a global financial crisis of epic proportions. It will bring Europe, Japan and the United States to their knees, a ride like no generation has ever seen.
Stock Market crashes in 23 nations already
August 18, 2015 - All over the world, stock markets are already crashing.
Almost every stock market in the world is down significantly. Emerging market currencies are crashing hard, recessions are starting, and equity prices are getting absolutely hammered.
August 23, 2015 - We witnessed something truly historic happen on Friday.
This 888 point crash comes in the 8th month of our calendar
This 2 Day Stock Market Crash was larger than any 1 day Stock Market Crash in U.S. History
The Dow Jones plummeted 530 points Aug. 21, and that followed a 358 point crash Aug. 20.
The 2 day stock market crash total was 888 points. This is the first time that the Dow has dropped by more than 300 points on 2 consecutive days since November 2008.
Overall, this was the worst week for the Dow in 4 years.
By itself, the 530 point plunge on Friday was the ninth worst stock market crash in all of U.S. history. The following list of the top eight comes from Wikipedia…
#1 2008-09-29 −777.68
#2 2008-10-15 −733.08
#3 2001-09-17 −684.81
#4 2008-12-01 −679.95
#5 2008-10-09 −678.91
#6 2011-08-08 −634.76
#7 2000-04-14 −617.77
#8 1997-10-27 −554.26
The largest stock market crash in U.S. history took place
on the very last day of the Shemitah year of 2008.
The last day of Shemitah 2015 is September 13
China Has Hit Global Markets hard, the damage is everywhere
Investors worry that the monster China currency manipulation
will surpass USA capacity to buy off politically correct response.
2 BIG explosions in eastern China - WAR?
Asian stocks crashing
August 24, 2015 - Asian stocks crash to multi-month lows; Shanghai slides 8.5%
Asian investors stampeded Monday, with stock markets crashing to multi-year lows, as fears surrounding the health of China's economy multiplied. It is a key moment for China, with the equity market in free fall, the banking system increasingly starved of liquidity, rising capital outflows, and a rapidly slowing economy.
The most sensible way forward would seemingly involve further currency devaluation.
China to raise liquidity
The yuan maneuvering in August is backfiring. China bank is preparing to flood the banking system with liquidity to boost lending, as currency moves are squeezing yuan funds out of the market and renewing concerns over capital leaving Chinese shores. The planned step involves cutting the deposits banks are required to hold in reserve. The move would involve releasing 678 billion yuan ($106.2 billion) in funds for banks to make loans.
US stock futures fall sharply
Global economic meltdown
Great fall of China sinks world stocks
August 24, 2015 Black Monday - USdollar tumbles.
Alarm bells rang across world markets on Monday as a dive in China shares, a sharp drop in the USdollar and major commodities panicked investors.
European stocks down, Wall Street braced after Asian shares slumped to 3-year lows.
The Australian dollar fell to 6 year lows.
It is a China driven macro panic.
World stocks, oil plunge
Asian markets suffered major losses, and the major indexes in Europe fell in early trading.
World stocks and oil prices plunged Monday as a global sell off accelerated on worries about China economy and uncertainty over when the U.S. Federal Reserve will raise its benchmark interest rate.
5 charts that prove this selloff is serious
Stock markets around the world seem to be in selloff territory.
Key charts show this pessimistic mood looks set to continue.
Much of the pile-in panic seems to have been sparked by fears on China's economy.
The Chinese central bank's devaluation of the yuan in early August suggested that they needed to boost its exports.
Someone needs to tell the public that there is a plausible scenario in which the U.S. stock market now collapses by another 70% until the Dow Jones Industrial Average falls to about 5,000.
Global shares plunge as Chinese losses rattle markets
Stock markets in London, Paris and Frankfurt fell sharply
London's FTSE 100, major markets in France and Germany, all down.
August 24, 2015 - Unless there is war in Korea, how will China and the United States explain crash of Stock Markets? That is why something has to happen in Korea this weekend. The Fed has always rescued these declines and mysterious buying out of nowhere, but this feels bigger and badder than the prior declines.
There’s more volume, and it’s very broad-based, and it’s global.
The World Stands On the Edge of World War 3
World War I was characterized by an arms race, a race for currency dominance. Today, war is manifested through the attack on the Petrodollar by the BRICS and a set of entangling alliances. WW 1 began with the assassination of Austria-Hungary’s Archduke Francis Ferdinand by an unknown Serbian national.
Tech sector suffers huge selloff, led by Netflix
BRICS, AIIB, Silk Road, Asia banking
What about this? China appeared to challenge the IMF
The Dow Jones was
DOWN 666 about 9 am Aug.24
Closed down 588
and is fluctuating wildly
China markets down
August 26, 2015 - Chinese shares have closed lower again.
Shanghai Composite fell after veering in and out of negative territory, rocking global markets.
Shanghai DOWN for the week
August 28, 2015 - Chinese shares ended the week almost 8% lower.
Other stock markets in Asia continued their rebound, helped by a strong finish for US shares. BUT investors remained concerned. World leaders pretend nothing has happened.
August 27 the Dow was UP 369
August 28 futures are DOWN before open
China sells U.S.A.
August 27, 2015 - China cut its holdings of U.S. Treasuries this month to raise dollars needed to support their yuan. The China Bank has been offloading dollars and buying yuan.
August 27, 2015 - Man leaps to his death over stock market crash in China
A 57-year-old man jumped off the 17th floor of a building, which hosts a security exchange center.
A black briefcase full of stock-related materials was found on the ground next to the body.
In July, a woman leaped to her death in Shanghai in a suicide also linked to plummeting stocks.
China banks bad debt risk
Sept 22, 2015 WSJ - U.S. credit-rating firm S&P said China banks face growing risk tied to rising bad loans and problems in its real-estate sector.
China currency war
Nov 9, 2015 - China will start direct trading with the Swiss franc, as the nation pushes its case for reserve-currency status at the IMF. That will make the franc the seventh major currency that can bypass a conversion into the U.S. dollar and be directly exchanged for yuan. The rate will be allowed to fluctuate a maximum 5% on either side of a daily fixing. This will help lower conversion costs and facilitate the use of both currencies in bilateral trade.
The other major currencies that can be directly converted into yuan are the U.S., Australian and New Zealand dollars, the British pound, the Japanese yen and the euro.
IMF adds Yuan
Nov 30, 2015 - Chinese yuan likely to be added to IMF special basket of currencies.
China hopes stamp of approval will improve yuan’s desirability among investors and undermine US dollar as global reserve currency. China wants the yuan an international currency on a par with the US dollar, the the International Monetary Fund may oblige.
The yuan is also known as the renminbi.
China - Russia competition
Dec 28, 2015 Kazakhstan - Russian leadership is watching China's advance with apprehension.
China has overtaken Russia to become Central Asia's biggest trade partner and lender. Pipelines transport Kazakh oil to China and Turkmen gas east through Horgos. That undermines Russia's negotiating position when it has tried to sell its own gas to China.
President Xi has worked to calm Russian fears, reassuring Putin that Beijing has no plans to counter his country's political and security dominance in Central Asia. A 4 lane highway running past potato fields is a symbol of China's march westward.
In September 2013, Chinese President Xi Jinping chose Kazakhstan to announce a Silk Road Economic Belt that would revive ancient trading routes. At Horgos, the China-Kazakhstan border, an immigration and customs building is being completed. A short distance away, China is building a city, where traders sit in new multistory shopping malls. This is the pearl on the Silk Road Economic Belt.
PHOTO Silk Road plan in Kazakhstan
Highway will link China and Europe - being built near Shymkent, Kazakhstan.
China EconomyChina is the country with the largest population in the world at over 1.3 billion people. The land covers approximately 3.7 million square miles. The country is governed as a communist country, although they have developed a quasi-capitalist sector for business. China has the second largest gross domestic product (GDP) at approximately $7.0 trillion; behind the U.S. at $15.0 trillion and ahead of Japan at $5.8 trillion. The leaders opened up the centrally planned economy in the late 1970s and early 1980s to allow economic growth through trade, which has allowed China to grow at an unprecedented rate for a country its size. From 2001 to 2011, China grew at an annualized rate of 10.5%.
China halts stock trading after entire Market crashes
Jan 4, 2016 - Chinese stocks collapsed to a 7% crash, stock trading was halted 2 hours early for the rest of the day. Stocks fell as manufacturing contracted for a fifth straight month and investors anticipated the end of a ban on share sales by major stakeholders. The CSI 300 of companies listed in Shanghai and Shenzhen fell as much as 7.02 percent before trading was suspended.
Coming to New York in a few hours. Huge bubble right now in the market.
Put $ in the first bank of Pillow and Matteress
End Time Bible Prophecy Ping Harbinger/Shemitah
Chinese are calling Circuit Breakers
Obama’s back from vacation and ready to make a speech. Of course the markets will take a dip.
U.S. stock futures down sharply
Dow set for triple-digit losses finance.yahoo
U.S. stocks Dow futures plunge 300+ points on China fears
FTSE 100 - 6,090.69 -2.43%
crude UP - Iran-Saudi row
Stock markets rocky start in 2016
Share markets fell, while oil and gold prices rose, as rising tensions in the Middle East and more poor Chinese economic data spooked investors. Europe's main stock markets followed Asian exchanges lower.
That prompted a rise in the price of Brent crude oil, while gold rose 1%.
Japan's Nikkei 225 tumbled, Hong Kong's Hang Seng retreated.
U.S.A. Wall Street * Stock Market * Dow
CHINA economy affects world markets
NEVER laugh at God's prophets
China markets keep falling
Jan 5, 2016 - Chinese shares extend losses in volatile trading session.
Shanghai fell, Hong Kong ended lower, the China central bank injected 130bn yuan into the market to keep borrowing costs down. Japan Nikkei ended lower, Australia closed down. Oil prices were flat. Escalating tensions in the Middle East, which affected oil prices, also dented investors' confidence.
China Halts Stock Trading again
Jan 7, 2016 - Chinese stocks in Hong Kong fell to the lowest level in 4 years, forcing an early halt to trading for the second day this week after the central bank cut its yuan reference rate by the most since August. The People’s Bank of China cut its reference rate for an eighth straight day, fueling concern that tepid economic growth is prompting authorities to guide the currency lower.
Trade on Shanghai exchange halted
Jan 7, 2016 - Transactions on China's main stock market in Shanghai were halted after half an hour due to a sharp dive of 7 percent in the benchmark CSI 300 index. The value of the Chinese currency, the Yuan, also tumbled and the price oil continued to decline, reaching $33 a barrel. Other Asian markets also dipped.
USA Dow poised for a loss
Jan 7, 2016 marketwatch - Dow poised for triple-digit loss on China halt.
U.S. stock futures slumped again, indicating a tumultuous day on Wall Street as another trading halt in Chinese shares and sliding oil prices fueled heavy selling.
2015 - 2016 Shemitah year
The Beast Rises
Dow down nearly 400 points
Jan 7, 2016 close - Holy Shemitah Batman! Blood moon fallout?
Dow, S&P 500 are off to their worst-ever starts to the 2016 year.
The Dow Jones Industrial Average fell nearly 400 points Jan 7 as steep falls in Chinese equities spilled over to global markets. U.S. markets are wrapped in with global markets.
European markets higher
Jan 8, 2016 - Chinese shares have risen and European markets have opened higher.
China markets halted twice this week. China is such a big force in the global economy that it affects the rest of the world.
U.S.A. Wall Street * Stock Market * Dow
CHINA economy affects world markets
NEVER laugh at God's prophets
Harbingers, Isaiah 9:10 Judgment, Shemitah year
1929 just triggered
Jan 14, 2016 King World - The warning signal preceding global stock market crashes in 1929, 2000 & 2008 was just triggered!
Stocks have now suffered two 10% corrections in a short span. This has only happened on 3 other unique dates, in 1929, 2000 and 2008. All of those preceded major bear markets.
A near-majority of our indicators are now oversold or showing extreme pessimism. We’re seeing the most heavily lopsided selling volume in 5 years according to the Up Volume Ratio.
Action Mirrors 1929, 2000 & 2008 Stock Market Crashes!
Going back to 1928, this has only happened on four other dates, October 1929, May 23, 2000, October 11, 2000 and January 8, 2008. As shown in Figure 3, these were dates that should send a shiver down the spine of any bull
chart on link
Do NOT mock GODs prophets!
The Shemitah was His warning!
Dow plunged 364 points Jan 14, 2016 and small caps enter a bear market
Chinese shares see steep losses
Jan 26, 2016 BBC - Chinese markets saw steep losses in late trade on Tuesday as investors worried about oil prices, and despite an injection of liquidity into the mainland market by the central bank. Elsewhere, markets in Asia followed US stocks lower as further falls in the price of oil continued to unsettle investors. Brent crude prices dropped below $30 a barrel, Wall Street wiped out most of its gains from the past two days.
CHINA rejects USdollars
April 17, 2016 - China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars. The new Yuan will be introduced April 19. (Chance? April 19th is an occult, evil date) China has been amassing gold for years. The US Dollar is backed by nothing. Nations will be free to dump USdollars, but not for the gold-backed, Yuan.
If true, this is bad. If you want to transact in Yuan, you have to buy Gold or Silver to convert to Yuan. IMHO, this will force a price reset for precious metals. ALSO, Saudi Arabia is threatening to sell off their US holdings.
America's Golden Calf is Coming Down!
David Wilkerson prophecy
Russia-China ties are good
June 1, 2016 - Russia and China strengthened their cooperation despite Western sanctions. The sanctions do not pose a great challenge, as they do not affect mutual projects. Huge markets for Russian goods have been created in China. For Russia, the expansion of economic activities into Asia is of crucial importance, as the region provides significant opportunities in terms of investment and trade.
June 23, 2016 - America should fear this. Russian President Vladimir Putin praised the unprecedented current level of trust between Beijing and Moscow. Russia-China views are either very similar or coincide.
Putin noted the joint work in the Shanghai Cooperation Organization (SCO) and BRICS. Beijing-based SCO comprises China, Russia, Kazakhstan, Uzbekistan, Tajikistan, and Kyrgyzstan. India and Pakistan are expected to join.
The Russian President also welcomed cooperation on the Silk Road project.
BRICS, AIIB, Silk Road
China closes churches for G20
July 23, 2016 - Banned from holding religious meetings while world leaders attend G20 summit. China ordered the closure of Xiaoshan churches hosting the G20 summit later this year. This is an effort to reduce congestion.
July 23, 2016 - God's judgment? Floods kill 78 across China, 91 missing.
At least 78 people have been killed and another 91 are missing across China after a round of torrential rains. The northern province of Hebei is the worst-hit.
Local police blame a failure of a river levee for the heavy casualties, but villagers have complained that they were not notified in time to evacuate when authorities decided to discharge floodwater from an upstream reservoir.
G20 finance heads meet in China
July 23, 2016 - Brexit front and center. Finance officials from the world's major economies start a two-day meeting in China where they will confront challenges to global growth from Britain's decision to leave the European Union.
Worries over currency manipulation will also factor into the discussions.
Donald Trump's "America First" will hang over the G20
The G20 officials meeting in China will be a debut for Britain's newly-appointed finance minister Philip Hammond, who will be grilled about the UK's plans for keeping up economic growth.
China's yuan gains ahead of G20
July 23, 2016 SHANGHAI - The yuan posted its biggest weekly gain since April as China's state-run banks were suspected of supporting the currency before Group of 20 finance officials meet this weekend in Chengdu.
China typically holds the yuan steady before and during major diplomatic events.
In September, a G20 summit of world leaders will also be in China.
G20 nations must boost coordination, redouble efforts to support growth
The world's leading economies will step up efforts to lift global economic growth and share the benefits more broadly, as they seek to counter growing dissatisfaction with globalization.
U.S. Treasury Secretary Jack Lew said on Saturday it was important for G20 countries to boost shared growth using all policy tools, including monetary and fiscal policies as well as structural reforms, to boost efficiency.
China economic slowdown
Aug 12, 2016 - Fresh economic data from China suggests their economy remains in the doldrums. Both industrial output and retail sales fell short of expectations in July. China is having difficulty transforming the economy away from factories and exports.
Beijing's aim to rebalance the economy towards domestic consumption has lead to major challenges for large manufacturing sectors with layoffs, especially in heavily staffed state-run sectors such as the steel industry. Even cinema ticket sales have indicated that consumer spending is not picking up as much as China would hope it to.
CHINA economy affecting world markets and world not buying affects China.
For Chinese Home Buyers, Seattle Is the New Vancouver
Canadian city’s tax-policy changes appear to be driving overseas investors south
When Anna Riley, a Seattle-area real-estate agent, held an open house for a new $2.3 million listing in the tony city of Bellevue late last month, the pool of prospective buyers was different from the usual assortment of tech magnates, sports stars and chief executives.
Twenty groups of buyers visited the property in the Seattle metro area—and all of them were Chinese.
“Every single one,” said Ms. Riley, an agent at Windermere Real Estate, noting that Asian investors had typically, before last year, accounted for about a quarter of the firm’s prospective buyers.
Chinese real-estate buyers are suddenly descending on the Seattle region. Some are lured by perceptions the coastal city is a bargain, others by warm memories of the 2013 Chinese film “Finding Mr. Right,” which put Seattle on the pop-culture radar there.
The biggest draw, though, might be the fact that it isn’t Vancouver. In August, the Canadian province of British Columbia imposed a 15% tax on foreign investment in the city, which until recently was a popular destination for Chinese. The tax applies to anyone who isn’t a citizen or permanent resident of Canada and buys a home in metro Vancouver.
Chinese Christians Sentenced for Buying, Selling Devotionals
I can so see this coming to Amerika
A court in China’s northeastern Liaoning province sentenced five Christian leaders to three to seven years behind bars on Wednesday for purchasing and selling prohibited Christian material.
On Feb. 22, the defendants, comprised of four women and one man, learned they would be imprisoned for allegedly buying and selling “officially forbidden Christian devotional books.” Of them, pastor Li Dongzhe and Piao Shunnan received seven years, Zhao Chunxia and Li Yuan were given five years, and Shi Jinyan was sentenced to three years. Most of them belong to a Korean ethnic minority group that resides within China, and all of them attend registered churches. They were arrested last June.
China Aid exposes such abuses in order to stand in solidarity with persecuted Christians and promote religious freedom, human rights, and rule of law.