On April 7, 2025, the Chinese stock market experienced a significant decline, marking the largest single-day drop since the Global Financial Crisis in 2008. The market saw a decrease of over 12%, reflecting heightened volatility. This event underscores ongoing concerns about economic stability in China, though it remains a singular event within the broader context of market fluctuations.
Poster Comment:
China's construction industry is plagued by local Communist party corrupion demanding so many bribes. The result is that they cut back on building materials resulting in flimsy buildings that blow away in strong winds. The Chinese call it Tofu construction. One Big Earthquake and everyone loses their investments. One Big Typhoon Ditto.
#1: Horse To: All (#0)
The Cradle @TheCradleMedia
David’s Corridor: Israel's shadow project to redraw the Levant
Through ‘David's Corridor,’ Israel aims to forge a geopolitical artery stretching from occupied Golan to Iraqi Kurdistan.
Horse posted on 2025-04-07 05:44:35 Reply Private Reply
#2: Horse To: All (#1)
Sharmine Narwani reposted
Nik Stankovic @nikstankovic_
This is US Treasury Secretary. He says "we've never seen anything like this in terms of [China's] export level relative to their GDP" (0:49).
China's exports are 19.7% of GDP, down from 36% in 2006.
US is at 11%.
Japan is at 21.8%, Israel at 30.6%, UK at 31.7%, Turkey at 31.9%, Italy at 33.7%, France 34.3%, Spain 38.1%, Germany 43.4%, south Korea 44%, Vietnam 87.2%, Netherlands 88.5%.
World average is 29.3%.
China is not an export oriented economy. It's mostly domestic consumption.
This is the US Treasury Secretary. He had one job. To know the 10 basic metrics of his largest competitor.
If you are American be afraid who is at the wheel. Very afraid.
Horse posted on 2025-04-07 05:56:23 Reply Private Reply