Evergrande Real Estate Group or Evergrande Group, a real estate giant with 200,000 employees and 3.8m jobs indirectly dependent on its operations and with debts more than $300 billion, forced Fitch to downgrade the company to the CC investment grade it shows high probability default. Moody’s did the same the day before. The company is …
Tag: China
China’s Labour shortage continues to rise
In addition to the rapidly aging percentage of the Chinese population, China is facing a growing labor shortage even for unskilled jobs. This twin problems will slowly and steadily, if continued, create a deficit in China’s social security and pension fund revenues and as the need for pensions and old-age services increases exponentially. The period …
Will the Reform of a Company’s Listing Criteria Give Healthier Stock Markets to China?
U.S. President Donald Trump issued an executive order last November (2020) banning American investment firms from investing funds in Chinese companies located on the New York Stock Exchange (NYSE) and working with the People’s Liberation Army (PLA), forced on December 31, the NYSE to announce that it would remove (delist) the Chinese companies China Telecom, …
The “Red Dragon” (China) Grows Worldwide
While the Covid-19 pandemic was initiated by China (Wuhan Province) and it appeared that the Chinese government was taken by surprise, the subsequent successful management of the response to the pandemic strengthened Chinese citizens’ confidence in the communist regime of China, increased the national confidence and pride of the Chinese (always comparing it to the …
The Rise of Chinese Stock Markets and the Risk of a New “Bubble”
The fact that the Chinese economy came out very quickly from the spread of the pandemic and in particular in the first three months of 2020, managing to revoke all the imposed measures of lockdown and social isolation, justifies as a point the ever-increasing expectations of investors to invest in China, despite the well-known pathologies …
The Projection of Chinese Economy for 2020
The presence of the pandemic on Chinese soil with the simultaneous expansion of the US-China trade war, which has now turned into a technological, investment and financial war respectively, has been an explosive cocktail that has begun to leave its mark on the Chinese economy. The sharp decline in foreign direct investment in China and …
Investment Targets
From the beginning of 2020 and until the end of February, the sectors that stood out and very likely to continue to stand out in the coming months are the technology and communication industry. In particular, the technology industry was greatly favoured after the signing of the US-China trade agreement, removing some of the uncertainty …
Trust Economics Forecast for 2020
The end of 2019 varied the forecasts and found international bond and equity markets strong and higher price levels than at the beginning of 2020. The U.S. stock market index S&P 500 rose > 28,5%. Germany’s DAX stock market index rose > 26,15%. Japan’s Nikkei 225 stock market index rose > 19,02%. China’s SSBC stock …