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2015-11-04

馬習會:破產前一會,所為何來?

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這是網友的意見。
馬習會,為選舉太膚淺。



For your reference.

Bloomberg questions Chinese economic data and suspects the real conditions are worse than the official numbers.

No matter what, China's most critical tasks are to upbeat its economy and keep the nation stable.  Cooking the numbers might be the easiest way.  However, more and more economists around the world are challenging their numbers.

In addition, China, in my own views, is spending more than they can afford.  For example, buying frenzily foreign companies globally, dumping their over-supply goods at the price below costs, double digit defense budget growth, promoting their infrastructure projects to foreign countries with very favorable terms, building the infrastructures that are not effective (such as sending southern water to the north), financial aids to buy friends internationally, plus the internal corruption.  Not to mention that China is facing huge gap of pension when China is aging.  So how can they spend so much?

I am a financial guy and still I can't understand how can they balance their books with so much spending at the same time?  I wonder will we see an unexpected financial meltdown in the next few years?  If so, what impacts to us will be?

So, I still wonder why they meet this time?  I think election is an answer too simple.  There should be more behind the scene.

Best wishes,


1 則留言:

  1. Agree entirely with your perspective about the Chinese Economy.

    To relate the worsening Chinese economy with the Ma-Xi meeting, that is not an easy linkage. However, look from the angle of the Southern China Sea, that may give you a quick glimpse regarding the CUT (China US Taiwan) triangle, especially after the passing by of the US Navy and before 2016 Taiwan Election.

    What should be very interesting to see is that Uncle Sam was also very surprised about the arrangement of this meeting. Uncle Sam seems unaware of such an arrangement before hand. To this end, Ma may dig his own grave, if he did not handle the issue carefully to satisfy Uncle Sam's appetite.

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