Moody’s downgraded its outlook on China’s government credit ratings to negative from stable

[newolddude]

Moody's cuts China credit outlook, citing lower growth, property risks

Ratings agency Moody's cut its outlook on China's government credit ratings to negative from stable on Tuesday, in the latest sign of mounting global concern over the impact of surging local government debt and a deepening property crisis on the world's second-largest economy.

www.reuters.com

 

[vantexan]

Moody's cuts China credit outlook, citing lower growth, property risks

Ratings agency Moody's cut its outlook on China's government credit ratings to negative from stable on Tuesday, in the latest sign of mounting global concern over the impact of surging local government debt and a deepening property crisis on the world's second-largest economy.

www.reuters.com

And yet when I pointed this stuff out recently I was scoffed at. China is doing great according to some here.

 

[newolddude]

And yet when I pointed this stuff out recently I was scoffed at. China is doing great according to some here.

Donald Trump called Chinese leader Xi Jinping a 'brilliant man' and said there is no one in Hollywood with the good looks or brains to play him in a movie

Trump also said one of Xi's translators was a "beautiful female interpreter," but acknowledged that it was politically incorrect for him to say that.

www.businessinsider.com

 

[newolddude]

I think it's quite the possibility that China is heading for an economic collapse. Nothing that continue growing/going upward for this long.

A significant amount of the economy is based upon these crazy public works efforts to keep the massive populace employed. They just keep trying to hide money in real estate and other things.

Ghost cities:

China has at least 65 million empty homes — enough to house the population of France. It offers a glimpse into the country's massive housing-market problem.

In the US and Japan, abandoned homes have earned cities the titles of "ghost towns." But China's are different — they're not abandoned, just empty.

www.businessinsider.com

High speed rail:

 

[vantexan]

Donald Trump called Chinese leader Xi Jinping a 'brilliant man' and said there is no one in Hollywood with the good looks or brains to play him in a movie

Trump also said one of Xi's translators was a "beautiful female interpreter," but acknowledged that it was politically incorrect for him to say that.

www.businessinsider.com

And?

 

[Babagounj]

That old one child policy is now biting back.
Too many single males populate the country.