“中国沉没” - The Sinking of China

[k1976]

offshore yuan can be used to pay for gold in shanghai gold exchange. offshore yuan can directly trade bullion without needing to convert to onshore yuan.

https://www.bullionvault.com/gold-news/gold-price-news/gold-china-trading-yuan-sge-050620251

Some Balai man try that out too, and triggered many crackdowns

 

[syed putra]

Chinese real estate crashes to 20-year lows​

I was told, the JV china development Including forest City in JB are coming back to life.

 

[404]

CCP has consciously chosen not to deploy a massive, debt-fueled property bailout, declaring the old real estate model "at an end". However, rather than shifting purely to traditional "mega infrastructure" like BRI, ports, rail, highways or bridges, Beijing is aggressively redirecting capital toward advanced manufacturing, technology, AI, memory chips, space technologies, and "new productive forces"

 

[congo9]

Without a rescue of your debt laden property sector, the public spending is not going up. So does the economy.

Chinese can always export but when others start to intro law and tariff to chinese's export citing security issue or trying to crush their industry.

So The end game for Chinese sector might be, the pte sector will be all taken by the govt (GLC) .

 

[404]

You nailed the critical point, the property crash is the exact reason why China achieved that record-shattering $1.19 trillion merchandise trade surplus. This figure tells it all.
By refusing to bail out the real estate market, the Chinese government triggered structural domestic shifts that forced its economy to rely entirely on exporting its way out of trouble