The China Discussion

spunj

Administrator
Jan 24, 2019
164
1
18
As of this morning:

"Jitters over the health of the Chinese economy could trigger a bloodbath on financial markets if a hard landing materialises, the International Monetary Fund has warned"
 

spunj

Administrator
Jan 24, 2019
164
1
18
Caterpillar Biggest Miss in at Least a Decade Darkens Gloom. Seems China is partly to blame - but I wonder - if what we are seeing is more of a global slowdown rather than a direct consequence of the trade war. Just this morning a story about Shanghai tightening it's budget just came out. Why? Slowing revenue growth.
 

spunj

Administrator
Jan 24, 2019
164
1
18
$1 Billion China-Financed LA Skyscraper Complex Mysteriously Halts Construction.
21

One of the biggest real estate development projects in downtown Los Angeles has suddenly stopped, potentially as a result of the project's Chinese financing drying up - or an FBI investigation. The LA Times reports that Oceanwide Plaza, a $1 billion condominium/hotel/retail complex across the street from the Staples Center that is expected to be a key part of a revamped Figueroa Street, has stopped construction this month.