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Thread: Warnig: This may disturb some mebers .

  1. #11
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    Quote Originally Posted by PJL View Post
    Chinese household wealth currently stands at $45 trillion ........yes , that's trillion .
    Yet, their per capita GDP as a nation is around #76.

    lol
    ΜOΛΩΝ ΛΑΒΕ


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    Captdon (07-15-2021),FindersKeepers (07-15-2021)

  3. #12
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    countryboy's Avatar Senior Member
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    Quote Originally Posted by PJL View Post
    Chinese household wealth currently stands at $45 trillion ........yes , that's trillion .
    I'm sure you actually believe that. But that doesn't make it a reality.
    Cutesy Time is OVER

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  5. #13
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    Even it is true why would they not invest that back into their own country? LOL you know why COMMUNISM! That is right who the hell would risk their assets in a Communist run society?
    "Don't piss down my back and tell me it's raining"----Fletcher in The Outlaw Josey Wales

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    $46.3 trillion.......yes trillion

    While China’s asset management outflows remain small, they are part of a profound shift that hints at future expansion. The country’s wider financial system is opening up, enticing the world’s biggest banks and asset managers. HSBC, one of the most active participants, estimates that Chinese households will have Rmb300tn ($46.3tn) of investable assets by 2025 — an amount equivalent to the entire US bond market.

    ...................................... https://www.ft.com/content/224cf202-...2-5aa1dbc3cbc0

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    Quote Originally Posted by PJL View Post
    While China’s asset management outflows remain small, they are part of a profound shift that hints at future expansion. The country’s wider financial system is opening up, enticing the world’s biggest banks and asset managers. HSBC, one of the most active participants, estimates that Chinese households will have Rmb300tn ($46.3tn) of investable assets by 2025 — an amount equivalent to the entire US bond market.

    ...................................... https://www.ft.com/content/224cf202-...2-5aa1dbc3cbc0
    Remember at the core of any issues is that any information produced by the CCP is 99% not accurate.
    "Don't piss down my back and tell me it's raining"----Fletcher in The Outlaw Josey Wales

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    Quote Originally Posted by Admiral Ackbar View Post
    Even it is true why would they not invest that back into their own country? LOL you know why COMMUNISM! That is right who the hell would risk their assets in a Communist run society?
    Because the Chinese government only allows small amounts to be taken out of the country ......but they are assessing the implications of opening the gates , apparently .

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    Quote Originally Posted by Admiral Ackbar View Post
    Remember at the core of any issues is that any information produced by the CCP is 99% not accurate.
    The information you refer to comes from HSBC.....take your problems up with them. I would estimate , by comparison with the US regime , the CCP are arguably far more honest with their people , and so are their media. US MSM haven't told the truth in living memory ....they still haven't owned up for murdering your president 57 yrs ago.....that's pathetic.
    Last edited by PJL; 07-15-2021 at 10:04 AM.

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    Quote Originally Posted by Admiral Ackbar View Post
    Even it is true why would they not invest that back into their own country? LOL you know why COMMUNISM! That is right who the hell would risk their assets in a Communist run society?
    They would because they would be forced to.





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    Quote Originally Posted by Admiral Ackbar View Post
    Chinese people are not allowed to own property
    You can buy buildings in China. You just can't buy the land underneath them, because that belongs to the state. Which means Chinese certainly can invest in real estate.

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    Quote Originally Posted by mamooth View Post
    You can buy buildings in China. You just can't buy the land underneath them, because that belongs to the state. Which means Chinese certainly can invest in real estate.
    Isn't that wonderful. What is it with libs supporting totalitarian regimes? Why the love affair with tyrants? Serious questions.
    Cutesy Time is OVER

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