Day: November 19, 2022

China Update is about China economic and political news and analysis, today we discuss the Chinese Economy, Beijing, UK-China, Japan-China ​and other China developments #chinaupdate 00:00 Introduction 00:11 Beijing et al. 03:02 UK-China | Japan-China 06:01 Chinese Economy: Stagnation Warnings

Four Henan rural banks froze 40 billion RMB ($6 billion) of retail deposits in April 2022. Chinese homeowners threatened to halt mortgage payments on development project apartments within three months. Though unrelated, many people associate the two events. The mortgage boycott began so soon after the rural banking crisis, which fears about frozen savings may have spurred, and both incidents were disproportionately focused on Henan; this huge, agriculturally important, landlocked province in central China’s

Chinese leader Xi Jinping knows he screwed up. Despite securing a third term in office, his position as the head of the CCP isn’t secure, which means this mistake could cost him. In this episode of China Uncensored, we talk about China’s zero covid policy, China’s real estate.sector and investor sentiment about China.