Article

2015-07-07 Economy

Chinese stock market loses 3.2 trillion in 3 days, slump spreading

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Posted by DarthVader 2015-07-07 12:19|| || Front Page|| [2 views ] Top

#1 Maybe the Chinese might have learned not to bailout speculators. Then again, corruption in China is world class to begin with. Let's watch. Popcorn please.

Posted by Procopius2k 2015-07-07 13:17|| 2015-07-07 13:17|| Front Page Top

#2 No short sales allowed

Posted by Frank G 2015-07-07 13:44|| 2015-07-07 13:44|| Front Page Top

#3 Not a big market for chinese shorts.

Posted by Skidmark 2015-07-07 14:08|| 2015-07-07 14:08|| Front Page Top

#4 it devalued by 3.2 trillion.
The loss will be a fraction of that, and the only worry is that the losses are focussed on those who speculated on shares using debt.

Posted by Bright Pebbles 2015-07-07 14:25|| 2015-07-07 14:25|| Front Page Top

#5 For years there has been the open question of whether China would get rich first, or old. Maybe that question is now answered.

Posted by Iblis 2015-07-07 16:53|| 2015-07-07 16:53|| Front Page Top

#6 See DRUDGEREPORT > TELEGRAPH.UK = THE REALLY WORRYING FINANCIAL CRISIS IS HAPPENING [now] IN CHINA, NOT GREECE. LOOKS LIKE CHINA IS HEADING TOWARD ITS VERSION OF 1929 [USA]STOCK MARKET CRASH.

* BLOOMBERG, LUCIANNE > CHINA SLUMP SPREADS AS ALIBABA TO JD.COM WHIPSAW INVESTORS | ... ADRS APPROACH BEAR MARKET.

VERSUS

* DEFENCE.P/FORUMS > [Financial Times] FOR CHINA THE END OF THE COMMUNIST PARTY IS NIGH - BUT IN NAME ONLY!?

Iff the CCCC/CPC is able to hold to power, BY "ANY MEANS NECESSARY" INCLUDING BUT NOT LIMITED TO VIOLENCE + FORCED REPRESSIONS, CAN CHINA'S ECON NOT ONLY RECOVER BUT STILL EXPAND UNDER COMMIE AUSPICES.

Or will China sees its version of USSR-style perennial econ stagnation, write-offs, + finally IMPLOSION ala 1991???

CAN POST-SOVIET/1991 SO-CALLED "COMMUNIST CAPITALISM/COMMPITALISM" SURVIVE IN CHINA???

* SAME > "HEADS MUST ROLL": GERMANY NEEDS NEW LEADERS WHO FAVOR RUSSIA, NOT THE US.

* GROONG >[Sputnik News] BRICS COUNTRIES ARE STRONGER THAN THE WEST - GERMAN NEWSPAPER [Die Tageseitung].

As a reminder, RUSSIA = has said that neither the BRICS, SCO-CSTO, nor the new Eurasian Customs Union will be turned into [Russia-led/dominated] FORMAL MILITARY ALLIANCES agz the US-West andor China.

Remains to be seen as per China's struggle for "sole" strategic access into the far Pacific vee the mainly pro-US "First Island Chain".

Posted by JosephMendiola 2015-07-07 22:25|| 2015-07-07 22:25|| Front Page Top

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