China - Economic Data & News 22 (Jul 24 - Dec 25)

[behappyalways]

China cooking oil scandal sparks public outcry
https://m.youtube.com/watch?v=HEV7DyiHZ1k


"Youth nursing homes" are popular in China.
Young people born in the 2000s retire early.
If you can't lie down, you won't win.
Chinese young people are crazy about "youth nursing homes".
中國風行"青年養老院" 00後年輕人提早退休 躺不平捲不贏 中國年輕人瘋"青年養老院"│記者 謝廷昊 │【國際焦點】20240708│三立新聞台
https://m.youtube.com/watch?v=WW4ByX2SbAE

[behappyalways]

Mainland China needs to strengthen its economic measures

'24.07.09【豐富│東南西北龍鳳配】Pt.3 大陸拼經濟手段還要再強化

https://m.youtube.com/watch?v=p5bcq1ZPwtc

[behappyalways]

China's GDP is lower than expected; people from all walks of life hope that the Third Plenary Session of the CPC Central Committee will drive the economy
中國GDP低於預期 各界盼三中全會帶動經濟｜方念華｜FOCUS全球新聞 20240715 ‪@tvbsfocus‬
https://m.youtube.com/watch?v=yJuvQj7OfwU


The first suspended monorail in mainland China, experience Wuhan Sky Rail "Flying in the Sky"
陸首條懸掛式單軌 體驗武漢空軌「天上飛」｜TVBS新聞
https://m.youtube.com/watch?v=elFYeANbXBI

[winston]

Third Plenum Communique: CN to Implement Measures to Prevent & Resolve Risks in Property, Local Debts, Small/ Medium Financial Institutions, Others

Xinhua News Agency released the communique of the Third Plenary Session of the 20th CPC Central Committee.

The meeting was held in Beijing from 15 to 18 July 2024, presided over by the Politburo, and featured an important speech by Xi Jinping, President of the People's Republic of China (PRC).

According to the Plenary Session, the authorities should coordinate development and security, implement measures to prevent and resolve risks in key areas such as real estate, local government debt and small and medium-sized financial institutions.

They will also strictly implement the responsibility for safety in production, improve the monitoring, prevention & control measures for natural disasters, especially floods, and tighten the network of prevention and control for social security risks, so as to effectively safeguard social stability.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

After "Third Middle School", it's like being in the mountains!

'24.07.16【豐富│東南西北龍鳳配】Pt.2 「三中」之後，如在山中！

https://m.youtube.com/watch?v=4cSyQvPOej8

[behappyalways]

Closing of the Third Plenary Session of the CPC Central Committee: Emphasizing security far more than economy,
Qin Gang made a "soft landing"

三中全會閉幕:重視安全遠高過經濟 秦剛「軟著陸」｜方念華｜FOCUS全球新聞 20240719 ‪@tvbsfocus‬

https://m.youtube.com/watch?v=XNXzoUTMddk

[winston]

China keeps its foot on the bond pedal

China's top economic planner yesterday pledged to support high-quality companies borrowing foreign debts as local government financing vehicles of the country issued a record amount of offshore bonds.

LGFVs have issued a record amount of offshore bonds - including dollar bonds, offshore yuan bonds and those issued in other currencies - so far this year, with sales climbing to US$24.1 billion (HK$188 billion) as of July 22, the highest level since Bloomberg began compiling the data in 2013 and up 79 percent from the same period a year earlier.

Also, China's top companies have raised a record US$14 billion in offshore convertible bonds so far this year.

Offshore convertible bonds from the mainland accounted for 22 percent of global deals,

Source: AP

https://www.thestandard.com.hk/section- ... bond-pedal

[behappyalways]

China Unexpectedly Cuts Rates In Bid To Boost Economy, But Much More "Heavy Lifting" Needed
https://www.zerohedge.com/markets/china ... ing-needed

[behappyalways]

Lu's influence in the Middle East has greatly increased!
Promoting reconciliation between the rivals "Hamas" and "Fata"

陸中東影響力大增! 促敵對「哈瑪斯」.「法塔」大和解｜方念華｜FOCUS全球新聞 20240724 ‪@tvbsfocus‬

https://m.youtube.com/watch?v=zSm4s78BOqQ&t=209s

[behappyalways]

At the Third Plenary Session of the CPC Central Committee, Xi Jinping’s words became clear!

'24.07.23【豐富│東南西北龍鳳配】Pt.3 三中全會，習近平的說明亮了！

https://m.youtube.com/watch?v=39QQXdkpZsA