Since last Thursday, a strange tension could be sensed on trading floors in Hong Kong and China, then on Friday, the $CNY suddenly sold off against the $USD. While the event has been greatly overlooked so far by investors, it might have been a pretty loud warning about the next...| JustDario
I do not expect many people to learn a lesson from what happened today in Hong Kong’s stock market. While the hype fades in this corner of the market, it will surely resurface in another corner. Perhaps in the US, where fraudulent trading has been running wild in the past...| JustDario
I’ve spent over a decade living in Hong Kong, regularly traveling through Mainland China—except during the Covid-19 period, for obvious reasons. While many foreigners left, I stayed, immersing myself in the region’s culture and economy. This unique vantage point gives me direct access to life in China, unfiltered, while staying...| JustDario
Things can change a lot in 9 months, particularly when you spend those 9 months trying to kneecap (metaphorically speaking) your adversary after pretending to be “besties”. US Treasury Secretary Janet Yellen’s second trip to #China is so far a total failure with little to no chance of any improvement...| JustDario
There are times when I believe that if there wasn’t a massive cultural and language barrier between #China and the major Western countries, in particular with the #US (while #Germany would love to deal more with #China commercially if they still had the option to do so), both parts of...| JustDario
CHINA STOCKS – IS THE BOTTOM IN?| JustDario
Who would have ever thought of seeing the words capitalism and communism next to each other without that being an oxymoron? The definition of capitalism is “an economic and political system in which a country’s trade and industry are controlled by private owners for profit” while the definition of communism...| JustDario