China is a basket case....

[East_coast]

Write after me: China’s Communist Party members ‘must put hearts’ into transcribing full 15,000-word constitution | South China Morning Post

“lack of party spirit” was to blame for the many problems facing party members today, including loose morals and weak willpower.
“Only through copying and studying the party constitution wholeheartedly can [members] show their high ideals, strengthen their minds, their backbones, grasp [the correct] stances, opinions, methods, policies, institutions and rules, so they can assert their ideals and faith, their spiritual pursuits and grasp the fundamentals of living in peace as a party member,”

[shri]

Sad .... disney fakes in the Wanda parks ...

http://www.bloomberg.com/news/articl...-at-wanda-park

[Skierx]

I have been in quite a few Wanda malls recently and they are all loaded with empty store fronts and very few shoppers. The only stores that seemed to be busy were the Starbucks and McDonalds. While my observations are no indication of the health of Mr Wang's company, I would not be looking to invest in his company any time soon.

[shri]

Interesting article on bloomberg today.

Ground Zero of China’s Slowdown Leaves Locals Looking for Exit - Bloomberg

[hullexile]

Interesting article on bloomberg today.

Ground Zero of China’s Slowdown Leaves Locals Looking for Exit - Bloomberg

Chexit

[huja]

China's Impending Aging Crisis - The Atlantic

[Morrison]

Chexit

OR shall we say checkmate?

[100LL]

There's a magic formula to becoming a millionaire in China - borrow big to earn big.

For years, individuals, state-owned companies and municipalities have taken massive loans to chase the Chinese dream.

Now it's payback time, but a severe economic slowdown means many are struggling to pay their debts.

101 East asks, is this the end of China Inc?

The End of China Inc? - 101 East (25min)

https://www.youtube.com/watch?v=nGHmk4UeK_w

[East_coast]

Relax, China’s banks aren’t about to have a meltdown | South China Morning Post

[7jai]

It's true. China Gov't owns all banks and controls everything. The Debt to GDP number can be 1000% and it wouldn't mean anything - only because the CCP will not let civil unrest happen to them. They will not lose their grasp of power by any means.

Relax, China’s banks aren’t about to have a meltdown | South China Morning Post