https://twitter.com/Schuldensuehner/status/1597187307580579842 #Oil prices plunge as #China protests hit risk sentiment. WTI tumbled to lowest since Dec2021. China unrest comes after sharp pullback in oil mkt as risk of China slowdown looms & EU floated price cap on Russian crude that looks set to have minimal impact. https://t.co/aujWRr0oL0 https://t.co/AeJaxpy4oG via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1597282831750701056 #Apple faces deficit of 6mln iPhone Pros on #China tumult. Production losses will affect Apple’s most in-demand phones. Workers have fought back against Covid lockdown fallout. In a worst-case scenario, one-fifth of sales would be lost. https://t.co/roq5AkHwSg https://t.co/7bJ9Xtl9Zl via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1600962331646623744 #China tech stocks jumped on hopes that Beijing and US regulators were close to an audit-inspection deal and as the nation's government officials curtailed many of its zero-Covid controls that stalled the world's 2nd-largest economy. https://t.co/G11rGKkWVH via @Schuldensuehner
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#China tech stocks jumped on hopes that Beijing and US regulators were close to an audit-inspection deal and as the nation's government officials curtailed many of its zero-Covid controls that stalled the world's 2nd-largest economy.
https://twitter.com/Schuldensuehner/status/1615206800839655427 #China’s population started shrinking in 2022 for 1st time in six decades as births decline from 10.6mln to 9.6 mln despite efforts to enourage bigger families. A total of 10.41 million people died, Nation facing increasingly seriously demographic crises https://t.co/LC2PZj93lW https://t.co/EzKWmeLT15 via @Schuldensuehner
Twitter
#China’s population started shrinking in 2022 for 1st time in six decades as births decline from 10.6mln to 9.6 mln despite efforts to enourage bigger families. A total of 10.41 million people died, Nation facing increasingly seriously demographic crises…
https://twitter.com/Schuldensuehner/status/1615309293967884288 #China Vice-Premier Liu He at #wef23: Confident China growth to most likely return to normal. Says housing sector is still a pillar of China's econ. Says real estate accounts for 60% of urban household assets. https://t.co/c8P1Z5yXnZ via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1615311421079797761 #China Vice-PM Liu He: China, US & world econ need to rebalance. Says common prosperity is aimed at limiting polarization but common prosperity does not mean egalitarianism. https://t.co/aD23dWOcRk via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1626122763877376002 OUCH! In trade w/#China, which in 2022 fell from #2 to #4 of most important export destinations, #Germany recorded largest trade deficit since WWII. While imports from China in 2022 increased by 33.6% YoY, exports rose by only 3.1%, resulting in record trade deficit of €84.3bn. https://t.co/0YgTIhnOi4 via @Schuldensuehner
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OUCH! In trade w/#China, which in 2022 fell from #2 to #4 of most important export destinations, #Germany recorded largest trade deficit since WWII. While imports from China in 2022 increased by 33.6% YoY, exports rose by only 3.1%, resulting in record trade…
https://twitter.com/Schuldensuehner/status/1632506372548882435 Investors concerned about #China’s “around 5%” growth target as markets had hoped for something more like “above 5%” BUT investors should be concerned about geopolitics/decoupling, not growth goal, @knowledge_vital says. https://t.co/43WTQQczj8 https://t.co/EHP1zHCkTT via @Schuldensuehner
Twitter
Investors concerned about #China’s “around 5%” growth target as markets had hoped for something more like “above 5%” BUT investors should be concerned about geopolitics/decoupling, not growth goal, @knowledge_vital says. https://t.co/43WTQQczj8
https://twitter.com/Schuldensuehner/status/1639177089441058817 #China’s demographic crisis has reached its capital city: For 1st time since 2003, Beijing reported decline in population. Sprawling metropolis, China’s 2nd largest city after Shanghai, had a population of 21.88mln in 2021, which fell to 21.84mln in 2022. https://t.co/dk445aCFFK https://t.co/iEszU8ZZq6 via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1648225380845727745 #China’s economy grew 4.5% in Q1 2023, the fastest in a year and at a faster pace than expected as the end of Covid Zero gave way to stronger consumer spending and factory output. https://t.co/AtVFwo7Yjn https://t.co/uZQ01LZvKN via @Schuldensuehner
Twitter
#China’s economy grew 4.5% in Q1 2023, the fastest in a year and at a faster pace than expected as the end of Covid Zero gave way to stronger consumer spending and factory output. https://t.co/AtVFwo7Yjn
https://twitter.com/Schuldensuehner/status/1660386596422660096 To put things into perspective: US Chipmakers are heavily reliant on #China. Companies like Qualcomm, Broadcom and Intel. deliver billions of chips to the country, which puts the components inside electronic products that are shipped all over the world. (via BBG) https://t.co/3gZ9qNKbLW via @Schuldensuehner
Twitter
To put things into perspective: US Chipmakers are heavily reliant on #China. Companies like Qualcomm, Broadcom and Intel. deliver billions of chips to the country, which puts the components inside electronic products that are shipped all over the world. (via…
https://twitter.com/Schuldensuehner/status/1660539698865946625 OOPS! GS #China MAP surprise index fell by the most since the initial Covid outbreak in early 2020. https://t.co/tF2TSPDoeH via @Schuldensuehner
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OOPS! GS #China MAP surprise index fell by the most since the initial Covid outbreak in early 2020.
📊 OOPS! #China’s central bank didn’t buy any gold for a 2nd month in June. Bullion held by the People’s Bank of China remained at 72.8mln ounces. The central bank opted not to add to reserves in May, ending an 18mth buying spree that helped push Gold prices to their highest ever.… https://t.co/9PB2Kpwgld https://t.co/ZHigjNwKcL
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OOPS! #China’s central bank didn’t buy any gold for a 2nd month in June. Bullion held by the People’s Bank of China remained at 72.8mln ounces. The central bank opted not to add to reserves in May, ending an 18mth buying spree that helped push Gold prices…