Oct.07 — Individuals’s Financial institution of China Governor Yi Gan says the central financial institution will proceed to strengthen the regulation of the funds sector and ask all monetary companies firms to be licensed. In the meantime, the federal government’s latest measures to tighten supervision over large tech corporations and crack down on academic establishments are conducive to more healthy progress of the financial system and society, in keeping with the spokesperson of the Chinese language embassy within the U.Ok. Stephen Engle experiences on “Bloomberg Dawn: Asia.”
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Tech companies, capitalist at its finest to have non profit projects still making wealth
The China crackdown is old news now. No one is surprised anymore so no one in panic selling.
Longer inflation higher prices salary stays the same or little go up
Higher prices bigger nominal banknotes notes in market currency more then 100$
China wild capitalism support global corporations not small business in China
China, south korea are hurting their own economy 😅😅😅😅
chinachinachinachianchina china
china china
all china!
Kungflu leak backfire! One Xhina isolation!!
The way you put is completely different from what he said
setting up the retail ….
monopoly has to be curbed back from time to time. That’s why anti-trust was invented.
Note the Communist government is fighting against monopolies, but since they're Communists state run ventures are allowed monpolies.
So Bloomberg is short China. Lol.
AS I'VE SAID THAT THE SYSTEMIC FAILURE OF CHINESE FINANCIAL MARKET HAS STARTED IN A FULL SCALE!!!!!!!!!!!! THERE IS NO WAY TO AVOID CHINA NATIONAL DEFAULT!!!!!!!!!!
AS I'VE SAID MANY TIMES THAT CHINESE GDP GROWING SPEED CANNOT CATCH UP WITH ITS GROWING SPEED OF ITS NATIONAL DEBT!!!!!!!!!!!!!!!! BASED ON MATH, LESS THAN 7.89% IT COULD AVOID ITS NATIONAL DEFAULT, IN OTHER WORDS BASED ON 92.11% PROBABILITY, CHINA IS GOING TO NATIONAL DEFAULT IN COMING MONTHS!!!!!!!!!!
THE US 10 YR BOND YIELD HAS NO OTHER OPTIONS BUT GOING UP AND UP MEANS THERE ARE MORE AND MORE INDEBTED SPECULATORS HAVE TO SELL OFF THEIR STOCKS AND COINS!!!!!!!!!!!!! THE US 10 YR BOND YIELD WILL BE AT 1.75%-1.825% BEFORE END OF OCT!!!!!!!!! AND ALL OF BENCHMARK OILS ARE LANDING IN THE RANGE OF 80$ BB/L BEFORE 14TH OF OCT!!!!!!!!!!!!
AGAIN IT'S FINALLY TIME TO BUY ' GOLD' IT IS MUCH BETTER THAN US TREASURIES!!!!!!!!!!!!!!!
IT'S A BIG TIME TO SELL OFF RMB + H.K$!!!!!!!!!!!!!!!!! CHINA'S NATIONAL DEFAULT CANNOT BE AVOIDABLE!!!!!!!!!!!!!!!!!!!!!!! DO THE MATH, THE PROBABILITY OF CHINA NATIONAL DEFAULT IS MORE THAN 92.11%!!!!!!!!
everytime Chinese stocks go up Bloomberg release negative news.I recommend Bloomberg be investigated for fraud
Country's already in default and theyre cracking down tech companies?
PBOC IS RUNNING OUT OF ITS MONEY!:) = THE US 10 YR BOND YIELD VS THE CHINESE 10 YR BOND YIELD IS GETTING NARROWER AND NARROWER!:) MEANS MORE AND MORE CHINESE US$ BONDS ARE GOING TO DEFAULT!!!!! IT IS A FACT OF '1+1= 2'!!!!!!!!
WOW!!!!! THE SPREAD BETWEEN US 10YR BOND YIELD VS CHINA 10YR BOND YIELD IS NOW AT 1.329%!!!!!!!!!!! MEANS CHINA'S CDS IS ONLY GOING UP AND UP NOW IT IS OVER 50pt FROM 36pt A MONTH AGO!!!!!!!!!!!!!!!!! GO TO A BIG SHORT CHINA RMB + H.K$!!!!!!!!!
THE BOTTOM LINE IS THAT STILL THE PBOC IS BUYING YOUR STOCKS WITH CHINESE PEOPLE'S SAVINGS, YOU MUST SELL OFF AND GET OUT OF CHINESE FINANCIAL MAREKT! 0% EXAGGERATION!!!!!! MORE AND MORE DEFAULTS ARE COMING NO WAY TO AVOID THE CHINA'S SYSTEM DEFAULT!!!!!!!!!
China sucks. What a surprise.
amen. the Chinese government is doing the right thing. Free markets dont allocate capital in the best interest of social and economic progress of the people.
I see a bunch of robot commentaries throwing shxts without any brain.
The government is cracking down on monopolies, not on fintech. Misleading title!
Media is desperate for clicks
The economic hardship, recession, unemployment and the lost of job caused by covid-19 pandemicis enough to push people to financial ventures,…
At least China is cracking down on monopolies, while US keeps whining too about big tech monopolies like FB and does nothing.
The crackdowns pair nicely with CCP short positions, thanks for the cash to bail out Evergrande, world!
The west will never get China… It is a shame that the Chinese government understood the western political game reasonably well, while the west remained stunningly ignorant.
😊
Usa
India
Doesn’t seem like a crackdown to me. Its more like a healthy reforms to build stronger business markets. Btw good try on spinning this off.
Insidious title