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speak easy

(12,274 posts)

12. Economists surveyed by Bloomberg this year expect Chinese growth in 2024 (4.5%)

Reply to Irish_Dem (Reply #8)

Mon Jan 29, 2024, 10:00 AM

Jan 2024

https://www.bloomberg.com/news/articles/2024-01-29/china-s-deflation-pressures-seen-persisting-through-mid-2024

There is no consensus that China is in 'free-fall'. Evergrande defaulted on it's debt in December 2021. Its demise is not unexpected. This is not a Lehmann event IMO.

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China Evergrande ordered to liquidate, owing $300 bln [View all] Calista241 Jan 2024 OP

entire cities full of empty condos/apts owned by speculators. what could go wrong msongs Jan 2024 #1

The way China handled its real estate sector seems True Dough Jan 2024 #2

The real estate sector is just one problem. Irish_Dem Jan 2024 #9

I worked as a subcontractor on a prospectus for Evergrande a few years ago Emrys Jan 2024 #11

'a global economic catastrophe.' just in time for November? speak easy Jan 2024 #3

That's exactly right...Evergrande going belly up is a BFD!! PortTack Jan 2024 #5

China's economy is in free fall right now. Irish_Dem Jan 2024 #8

Economists surveyed by Bloomberg this year expect Chinese growth in 2024 (4.5%) speak easy Jan 2024 #12

I listen to China Update almost every day. Chinese economists are saying the opposite. Irish_Dem Jan 2024 #13

I loathe President Xi speak easy Jan 2024 #14

Joe Biden does not have control over the Chinese economy. Irish_Dem Jan 2024 #15

Judge is putting them on notice that they need to come up with a viable plan quickly. Silent Type Jan 2024 #4

They have had years to come up with a plan. Irish_Dem Jan 2024 #10

The article keeps mentioning offshore bondholders. I wonder how far offshore, and who has their fingers in this pie. NBachers Jan 2024 #6

However, Hong Kong v. mainland Chinese jurisdiction may be a factor - text updated at source muriel_volestrangler Jan 2024 #7

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