In China, the CCP Congress is in progress, where Winnie the Flu is looking to have himself crowned as de facto dictator for life. A quick look at some things going on there.
(a) Insight on China gives an overview of how foreigners — including experts aggressively recruited under the Thousand Talents Program — either are leaving en masse or are looking to do so.
(b) Blackrock Capital says “Growth in China is over”.
Related:
CHINA'S MAJOR STATE-OWNED BANKS SEEN SELLING DOLLARS IN ONSHORE SPOT MARKET TO STABILISE YUAN EXCHANGE RATE – SOURCES$USDCNY$CNY
In the third quarter, 13 out of 14 first-time bond defaulters were property companies, according to a report Wednesday by Huachuang Securities.t.co/xMtEBwjmI8
China just said it was delaying release of economic data due out tomorrow. Economists predict China’s growth will slow to 3.3% this year vs the official goal of around 5.5%, the biggest miss since the government began setting GDP targets in the early 1990s t.co/CiOfBt4ah4