China

CHINA ORDERS BANKS TO STOP PURCHASING U.S. DOLLARS

Tuesday, January 12, 2016
By Paul Martin

Superstation95.com Jan 10, 2016 In a stunning move, China has suspended some banks from Foreign Exchange markets and ordered other banks to stop buying Dollars. China’s foreign exchange regulator has ordered banks in some of the country’s major import and export centers to limit purchases of U.S. dollars this month, three people with direct... »

The China Syndrome: The Coming Global Financial Meltdown

Monday, January 11, 2016
By Paul Martin

by Charles Hugh-Smith via OfTwoMinds blog, ZeroHedge.com 01/11/2016 All the phantom wealth piled up in China’s boost phase is now melting down, and the China Syndrome will trigger a meltdown in global phantom assets. The 1979 film The China Syndrome took its name from the darkly humorous notion that a nuclear reactor meltdown in... »

China’s Hard Landing To Trigger Meltdown In India: “We Will See Another Crisis”

Monday, January 11, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 01/11/2016 The collapse of China’s economy will have serious implications for India, the country’s top investment banker warns. With exports in free fall and the government caught between fiscal retrenchment and the need to keep the economy afloat, it could be a rough year for the country Goldman swears will... »

Red China’s attacks on critics of Mao parallel American media’s attacks on critics of GMOs

Monday, January 11, 2016
By Paul Martin

by: Ethan A. Huff NaturalNews.com Monday, January 11, 2016 Modern-day China is seeing a resurgence of pro-communist sentiment that is manifesting itself as vicious attacks on bloggers, journalists, academics and others who are deemed disloyal to Maoist ideals. But there are striking similarities between this type of political suppression as it pertains to communism,... »

China Warns No “V-Shaped” Recovery Is Coming; Says “There Will Be No Strong Economic Stimulus”

Monday, January 11, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 01/11/2016 Maybe because not enough people caught the dire warning the first time, moments ago Bloomberg reported that Han Jun, the deputy director of China’s office of the central leading group for financial and economic afairs, spoke at an event at the Chinese consulate in New York and practically reiterated... »

China’s Plunge Protection Team Bought ¥1.8 Trillion In Stocks In 2015

Sunday, January 10, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 01/10/2016 There was a palpable sense of disappointment among US traders who woke up this morning, expecting China to have announced another major stimulus – whether an RRR or full-blown interest rate cut – following Saturday’s announcement that after 46 consecutive months of wholesale deflation, not to mention a historic... »

Amid Stock Market Panic, Dozens Of Chinese Billionaires Are Mysteriously Disappearing

Sunday, January 10, 2016
By Paul Martin

By John Vibes ActivistPost.com JANUARY 10, 2016 Amid stock market panic in China, many of the country’s most prominent billionaires are disappearing without a trace. This week, Zhou Chengjian, the chairman of the clothing company Metersbonwe became the most recent wealthy Chinese businessperson to go missing. Metersbonwe said in a statement on Thursday that... »

It Begins: FXCM Doubles Yuan Margins, Warns Of Market “Disruption And Highly Illiquid Conditions”

Saturday, January 9, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com 01/09/2016 The last time FX brokers, still hurting from the Swiss National Bank’s revaluation shocker from last January which forced brand names such as FXCM to seek an urgent bailout, scramble to hike margins was in late June just ahead of the Greek “event risk” weekend, when numerous brokers either... »

China needs $5 trillion to save its economy — and it might not work anyway…(Brace For Impact!)

Saturday, January 9, 2016
By Paul Martin

Linette Lopez BusinessInsider.com Jan. 9, 2016 At this point, it’s pretty much consensus that it’s going to take some doing to get China’s economy back on track. The country is dealing with a falling currency, an incredibly volatile stock market and thinning corporate margins in sectors that used to drive the country’s growth. These... »

Massive blast rocks chemical plant in southern China (VIDEO)…(ANOTHER ONE!?)

Saturday, January 9, 2016
By Paul Martin

RT.com 9 Jan, 2016 A massive fire broke out after a chemical plant exploded in the city of Lengshuijiang, in China’s southeastern Hunan province, local media reports. Last year, China was hit by a wave of explosions rocking its industrial facilities. In December, a blast was reported at a pesticide plant in the city... »

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