What's new

Trump says China has lost many trillions since trade war

haidian

BANNED
Joined
Dec 18, 2010
Messages
4,888
Reaction score
1
Country
China
Location
China
Trump says China has lost many trillions since trade war
 
. . . . .
This was from April...when it fell to...3,091.40..

https://www.financialexpress.com/ma...-stocks-are-near-make-or-break-level/1137197/
China stock market: Down $1 trillion, world’s worst stocks are near make-or-break level

By June it was $1.5 Trillion
https://www.scmp.com/business/compa...arket-enters-bear-territory-key-index-plunges

"Overall, Chinese stocks have lost about US$1.6 trillion in total value – more than the size of Canada’s entire economy – since a high in January"


it is far far far more now in October





 
Last edited:
.
The US is winning. I guarantee that.

lnapkv5.jpg
 
.
This was from April...when it fell to...3,091.40..

https://www.financialexpress.com/ma...-stocks-are-near-make-or-break-level/1137197/
China stock market: Down $1 trillion, world’s worst stocks are near make-or-break level

By June it was $1.5 Trillion
https://www.scmp.com/business/compa...arket-enters-bear-territory-key-index-plunges

"Overall, Chinese stocks have lost about US$1.6 trillion in total value – more than the size of Canada’s entire economy – since a high in January"


it is far far far more now in October




Stock markets go up and down easily, it's very volatile, if you mean the stock markets, Chinese stock markets largely follow her own rule, huge hikes and plummets happen every year, many of those drops were before Trump took office, it's funny Trump lovers like you give Trump credit for everything.
 
. .
Stock markets go up and down easily, it's very volatile, if you mean the stock markets, Chinese stock markets largely follow her own rule, huge hikes and plummets happen every year, many of those drops were before Trump took office, it's funny Trump lovers like you give Trump credit for everything.

You don't see the dramatic dip in the last year..and when it started??
Screen Shot 2018-10-18 at 4.53.03 AM.jpg


Jan 25, 2018
https://www.ictsd.org/bridges-news/...ty-tariffs-on-solar-products-washing-machines
US President Confirms Hefty Tariffs on Solar Products, Washing Machines
 
.
You don't see the dramatic dip in the last year..and when it started??
View attachment 505909

Jan 25, 2018
https://www.ictsd.org/bridges-news/...ty-tariffs-on-solar-products-washing-machines
US President Confirms Hefty Tariffs on Solar Products, Washing Machines

Stock markets rise and fall, it's a risky investment , common sense, and Trump thinks that's China's loss? It's a funny thinking.
More tariff, more Chinese surplus, good to learn that, bring on more. lol
 
.
Chinese stocks shoot up on positive messages

Source:Global Times Published: 2018/10/19

Chinese stocks rebounded from early losses to finish higher on Friday after China's top officials and financial regulators moved to shore up confidence in the country's economy and stock markets.

At the market's close, the Shanghai Composite Index was up 2.58 percent, at 2,550.47. The smaller Shenzhen Component Index was up 2.79 percent to close at 7,387.74 points. The blue-chip CSI300 index rose by 2.97 percent.

Vice Premier Liu He said on Friday that many factors have caused obvious stock fluctuations and declines in China recently, including interest rate hikes by major economies' central banks and the Sino-US economic and trade frictions. However, Liu said the psychological effect is bigger than the actual impact.

The future of the Chinese economy is very bright looking from the long-term, Liu said.

China's economy grew 6.5 percent in the third quarter from a year ago, a 0.2 percentage point lower than in the second quarter and the weakest year-on-year quarterly growth in wake of the global financial crisis, data released by the National Bureau of Statistics showed on Friday morning. The country's economy grew 6.7 percent year-on-year in the first three quarters of 2018. The latest data showed the country is on track to meet its target.

During the morning trading, the Shanghai index fell to its weakest level in four years.

China's central bank governor and banking and securities regulators all issued statements Friday pledging measures to support the market.

Yi Gang, governor of the People's Bank of China (PBC), the central bank, said Friday that China's current stock market valuation has been at a relatively low level in history and in contrast to the country's stable and positive economic fundamentals. Yi said the recent market fluctuations are mainly caused by investor expectation and sentiment, according to a statement posted on the PBC website.

China Securities Regulatory Commission (CSRC) Chairman Liu Shiyu said that the CSRC will roll out a slew of measures including regulations that govern share buybacks by listed firms.

China's top banking and insurance regulator said on Friday that authorities will work to bring the country's financial markets back on the track to a "normal and healthy development."

Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), said the CBIRC is pushing regulations that will allow more insurance money and wealth management products operated by commercial banks to be poured into the markets.

Guo also said the regulator is asking banks to find a better way to properly handle equity financing risks.

***
 
.
Back
Top Bottom