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Thread: is China dominating the global financial markets...?

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    Scotland Avalon Member scotslad's Avatar
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    Default is China dominating the global financial markets...?

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    Avalon Member Cognitive Dissident's Avatar
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    Default Re: is China dominating the global financial markets...?

    China has a much greater ability to manipulate it's own stock markets than other countries. They call just everyone into a big room and tell them to buy, buy, buy. Penalties for not doing so need not be mentioned. This usually works unless all the retail investors are selling at the same time.

    The China narrative is now "we have defeated the virus, now everyone back to work" and all the numbers, news, etc. coming out of China will be bent/created to support that.

    I think they are being incredibly aggressive by saying that the virus came from the US and arrived in Wuhan via the World Military Games in October/November 2019. That just invites further investigation of the obvious alternative, which is of course the only level-4 bio lab in China that just happens to be in Wuhan itself. They must have some unknown reason to push the US origin story while taking such a risk, whatever that is, my guess is that it wouldn't be a happy reason, let's put it that way.

    For those Avalon readers not familiar with China, while individual Chinese people are (based on my experience) helpful and friendly people who just want to get with their lives and be with their families, China as a whole is very different and extremely opaque - none of the official numbers about anything, whether GDP or virus cases, are correct and it's hard to say even whether the whole edifice is robust and heading towards increased power and control within or outside the country, or whether it is brittle and prone to shattering under tension (or perhaps some combination of the two). One thing for sure, like the rest of this world, China after this virus will not be the same as China beforehand.

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    Brazil Avalon Retired Member
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    Default Re: is China dominating the global financial markets...?

    well, China can not dominate (global) financial market because the finances of China was and it is "Forged by Global Marketers"

    the finances of world are controlled by London, and by this that England don't allow UE rule the finances of World by euro-politics.

    China's wealth is abundant in cheap labor, but that only has value if they can produce something that others want to buy.

    the only money that China has kept are anonymous accounts in tax havens that the corrupt ones divert from the government.

    Quote A portion of the business generated by China country is hidden under tax havens. Seventy-three percent of its international trade goes through offshore centers, according to Richard Murphy, director of Tax Research, a UK tax research institute.

    The investigation carried out by the International Consortium of Investigative Journalists (ICIJ) revealed that more than 22,000 citizens in China and Hong Kong have records in companies linked to tax havens. The British Virgin Islands became the second direct investor in China, according to official infos. Among them are some of China’s most powerful men and women — including at least 15 of China’s richest, members of the National People’s Congress and executives from state-owned companies entangled in corruption scandals.
    hint - search for "chinaleak" keyword to find reports like this:

    Leaked Records Reveal Offshore Holdings of China’s Elite

    -- edit --
    apologize, I forgot the name before (bad english) but the subject was also "documented" by netflix on the movie The China Hustle
    Last edited by RogeRio; 18th March 2020 at 23:40.

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