Evergrande's crisis was 'a long time coming,' says banned short-seller Andrew Left
Andrew Left, an American short-seller banned from trading in Hong Kong for a damning report he wrote on Evergrande years ago, told CNBC the Chinese property developer's debt crisis was "a long time coming."
But he said he doesn't think Evergrande's situation indicates a widespread problem for China.
Left, the founder of Citron Research, was banned from trading in the Hong Kong markets after he published a 2012 report predicting that Evergrande would soon be insolvent.
His five-year ban ends next month.
Source: CNBC #Sep24
https://www.cnbc.com/amp/2021/09/24/citron-research-short-seller-andrew-left-on-evergrande-debt-crisis.html
#Andrew #American #Seller #Banned #Trading #Evergrande
Andrew Left, an American short-seller banned from trading in Hong Kong for a damning report he wrote on Evergrande years ago, told CNBC the Chinese property developer's debt crisis was "a long time coming."
But he said he doesn't think Evergrande's situation indicates a widespread problem for China.
Left, the founder of Citron Research, was banned from trading in the Hong Kong markets after he published a 2012 report predicting that Evergrande would soon be insolvent.
His five-year ban ends next month.
Source: CNBC #Sep24
https://www.cnbc.com/amp/2021/09/24/citron-research-short-seller-andrew-left-on-evergrande-debt-crisis.html
#Andrew #American #Seller #Banned #Trading #Evergrande
Big V’s speech being banned: Ren, Ze-Ping, the Chinese famous economist, speech being banned for involving publication of “printing money to encourage births”
Ren, Ze-Ping, the Chinese famous economist published the theory of “printing money to encourage births” which asserted the Central Bank to print 2 trillion RMB and spend 10 years’ time to encourage the society to birth 50 million babies to solve the labour and economic problem in China nowadays, the relevant speech triggered tremendous dispute. Chinese media found on Wednesday that Ren’s weibo and weixin public account were banned. Some analysis thought that his speech not only unassisted to solve the economic problem in China and would affect the stability of the society.
Ren, Ze-Ping, the former Heng Da Group Chief Economist who has 3,756,000 fans published the the theory of “printing money to encourage births” which asserted disputes. China media found on Wednesday that his weibo account showed “the account was in the status of being banned speech because of violating relevant laws and regulations” and his weixin public account, “ze-ping macroscopic” was banned as well. According to the report from Securities Times, Ren Ze-ping’s weibo and weixin public’s speech were banned two weeks, and other accounts from alternative media platforms were not affected.
Analysis: speech not only unassisted to solve the economic problem in China but also influences society stability
China Finance scholar pointed out that nowadays the economic downward pressure is very big and the Trioka which pulls economic growth (i.e. consumption, investment and import & export) lost their power, in addition with the severe trend of population aging, the eligible labour force is far behind the expectation from external general anticipation. But he thought the speech of Ren not only unassisted to solve the current problem and influences the society stability of China.
Source: RFA #Jan13
https://www.rfa.org/cantonese/news/baby-01132022062917.html
#RenZePing #Economic #Banned #Weibo #Weixin
Ren, Ze-Ping, the Chinese famous economist published the theory of “printing money to encourage births” which asserted the Central Bank to print 2 trillion RMB and spend 10 years’ time to encourage the society to birth 50 million babies to solve the labour and economic problem in China nowadays, the relevant speech triggered tremendous dispute. Chinese media found on Wednesday that Ren’s weibo and weixin public account were banned. Some analysis thought that his speech not only unassisted to solve the economic problem in China and would affect the stability of the society.
Ren, Ze-Ping, the former Heng Da Group Chief Economist who has 3,756,000 fans published the the theory of “printing money to encourage births” which asserted disputes. China media found on Wednesday that his weibo account showed “the account was in the status of being banned speech because of violating relevant laws and regulations” and his weixin public account, “ze-ping macroscopic” was banned as well. According to the report from Securities Times, Ren Ze-ping’s weibo and weixin public’s speech were banned two weeks, and other accounts from alternative media platforms were not affected.
Analysis: speech not only unassisted to solve the economic problem in China but also influences society stability
China Finance scholar pointed out that nowadays the economic downward pressure is very big and the Trioka which pulls economic growth (i.e. consumption, investment and import & export) lost their power, in addition with the severe trend of population aging, the eligible labour force is far behind the expectation from external general anticipation. But he thought the speech of Ren not only unassisted to solve the current problem and influences the society stability of China.
Source: RFA #Jan13
https://www.rfa.org/cantonese/news/baby-01132022062917.html
#RenZePing #Economic #Banned #Weibo #Weixin
Radio Free Asia
【大V禁言】中國著名經濟學家任澤平 涉發表「印錢生娃」論遭禁言
知名經濟學家任澤平早前發表「印錢生娃」論，主張央行多印2萬億鼓勵社會多生5千萬小朋友，解決中國勞動力及經濟問題。言論引發爭議。媒體發現，他的微博及微信公眾號已遭禁。分析認為，這番言論影響社會穩定。