China’s economy is getting “worserer and worserer”. Their progress seems to have been hyped. Then again, that could be said of everyone. Banking is all over the news—all over. But the real reasons for such economic conflict and shuffling between West and East remains unsaid. The US is spread too thin. Taiwan is focusing on military. And Japan is focusing on ISIS. Banking doesn’t seem like much news… Then again, maybe the excess of worldwide headlines about banking should be very big news in itself. Maybe the headlines aren’t as excessive as the iceberg beneath the surface.
China
China ‘suspends until further notice’ bank technology restrictions opposed by the US
…Indicating the real reason for China’s new bank?
…And a great excuse for the West to leave China, which already seems to be happening…
China’s incredible shrinking factories
…Taiwanese are pulling out of the Mainland.
HSBC speeds up exit from emerging markets
…More bank pulling and shifting
China GDP growth lowest since 2009
…And the Premiere is even talking about it…
Downward pressure on China’s economy ‘increasing’, admits premier
We Traveled Across China and Returned Terrified for the Economy
…Notice in the video, he says that “it” is good in the long term, though he never clarifies what “it” is. · · · →