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2020-02-03 China-Japan-Koreas
China to inject 174 billion into markets on Monday
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Posted by 3dc 2020-02-03 02:12|| || Front Page|| [11130 views ]  Top
 File under: Commies 

#1 What problem are they trying to solve?
Posted by AlanC 2020-02-03 07:54||   2020-02-03 07:54|| Front Page Top

#2 ^ finding another means of shoveling state funds into their own pockets
Posted by Lex 2020-02-03 07:58||   2020-02-03 07:58|| Front Page Top

#3 China's economy is built on being able to continuously grow. The trade war with the US, the manufacturing moving to other countries and now the virus issues means money isn't moving and the economy isn't growing. No growth means the bad loans the banks made will come due sooner than later.

This is an attempt to get things moving until things blow over. Unfortunately, I think the virus is worse than even the government knows and with other viruses now breaking out China is in a world of hurt.
Posted by DarthVader 2020-02-03 09:41||   2020-02-03 09:41|| Front Page Top

#4 Was their credit in danger of freezing up?
Posted by JohnQC 2020-02-03 10:05||   2020-02-03 10:05|| Front Page Top

#5 re:^ Their credit, no, their "partners" in the US and other places, yes. How much money is laundered through China from pols elsewhere?
Posted by AlanC 2020-02-03 12:38||   2020-02-03 12:38|| Front Page Top

#6 Money laundering is the core activity in that economy
Posted by Lex 2020-02-03 15:13||   2020-02-03 15:13|| Front Page Top

#7 If China offered me an injection, that would be a hard pass.
Posted by charger 2020-02-03 16:19||   2020-02-03 16:19|| Front Page Top

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