Liaoning Government Admits False Growth Data from 2011-14
http://www.caixinglobal.com/2017-01-18/101046468.html
(18-01-2017, 12:58 PM)cyclone Wrote: [ -> ]Rustbelt China Province Admits It Faked Fiscal Data From 2011-14
The rust-belt province of Liaoning fabricated fiscal numbers from 2011 to 2014, local officials have said, raising fresh doubts about the accuracy of China’s economic data just days ahead of the release of the nation’s full-year growth report.
City and county governments in the northwestern region committed fiscal data fraud in the period, Governor Chen Qiufa said at a meeting with provincial lawmakers Tuesday, according to state-run People’s Daily. Fiscal revenues were inflated by at least 20 percent, and some other economic data were also false, the paper said, without specifying categories.
More details in https://www.bloomberg.com/politics/artic...om-2011-14
Transport, Catering and Hotels Led China’s Economic Expansion
Transport, deliveries and eateries spurred the first acceleration in Chinese economic growth in two years last quarter, highlighting the robust expansion of new drivers and the underlying risks in real-estate since the introduction of policy curbs to halt property speculation.
...
Meanwhile, property and construction face increasing headwinds after the government rolled out measures from late last year to curb speculation and cool surging home prices in some cities. Yet real estate remains a pillar of the world’s second-largest economy, spurring demand for products ranging from cement, steel and home appliances to brokerage services. The expansion in property output edged down to 7.7 percent in the last quarter, leaving full-year growth at 8.6 percent, far exceeding the 3.8 percent posted in 2015.
More details in
https://www.bloomberg.com/news/articles/...-expansion
(01-02-2017, 07:37 PM)Behappyalways Wrote: [ -> ]If he was indeed abducted from Hong Kong, was it a violation of the '"one country, two systems" policy that was meant to keep the territory legally separate from China until 2047?
The mystery of a Chinese tycoon's disappearance
http://www.bbc.com/news/blogs-china-blog-38823945
http://investideas.net/forum/viewtopic.p...0&start=80
probably taken by gamen liao loh, even his wechat post saying he went to overseas got deleted.
China is like that one lah, talk anything against gamen they will clampdown and censor you. If you dun say sorry and promise to keep quiet in the future they will make sure you suffer until you give up. That's just how things work over there.
The flip side is that this creates a chance for Singapore's rule of law and more credible counterparty risk to be more attractive to investors.
Strategically I would think over time it makes more sense for CNS rather than for CNH currency market, if we execute properly.
(02-02-2017, 01:14 PM)Behappyalways Wrote: [ -> ]Rule of law......^^
https://www.youtube.com/watch?v=WRfA436L3RM
(02-02-2017, 08:46 AM)BlueKelah Wrote: [ -> ] (01-02-2017, 07:37 PM)Behappyalways Wrote: [ -> ]If he was indeed abducted from Hong Kong, was it a violation of the '"one country, two systems" policy that was meant to keep the territory legally separate from China until 2047?
The mystery of a Chinese tycoon's disappearance
http://www.bbc.com/news/blogs-china-blog-38823945
http://investideas.net/forum/viewtopic.p...0&start=80
probably taken by gamen liao loh, even his wechat post saying he went to overseas got deleted.
China is like that one lah, talk anything against gamen they will clampdown and censor you. If you dun say sorry and promise to keep quiet in the future they will make sure you suffer until you give up. That's just how things work over there.
wow... employees also get involved, not their fault their boss is anti-establishment. So confirm he did not disappeared for health reason, is kena taken by the gov liao...
Employees of Missing Hong Kong Billionaire Are Barred From Leaving China
https://www.nytimes.com/2017/02/13/world....html?_r=0