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CHINA economy affecting world markets
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PostPosted: Sat Jul 23, 2016 6:36 am    Post subject:  Reply with quote


China closes churches for G20
July 23, 2016
-  Banned from holding religious meetings while world leaders attend G20 summit.  China ordered the closure of Xiaoshan churches hosting the G20 summit later this year.  This is an effort to reduce congestion.

China floods
July 23, 2016  -  God's judgment?
Floods kill 78 across China, 91 missing.
At least 78 people have been killed and another 91 are missing across China after a round of torrential rains.  The northern province of Hebei is the worst-hit.

Local police blame a failure of a river levee for the heavy casualties, but villagers have complained that they were not notified in time to evacuate when authorities decided to discharge floodwater from an upstream reservoir.

G20 finance heads meet in China
July 23, 2016  -  Brexit
front and center.  Finance officials from the world's major economies start a two-day meeting in China where they will confront challenges to global growth from Britain's decision to leave the European Union.

Worries over currency manipulation will also factor into the discussions.

Very Happy  Donald Trump's "America First" will hang over the G20

The G20 officials meeting in China will be a debut for Britain's newly-appointed finance minister Philip Hammond, who will be grilled about the UK's plans for keeping up economic growth.

China's yuan gains ahead of G20
July 23, 2016  SHANGHAI
-   The yuan posted its biggest weekly gain since April as China's state-run banks were suspected of supporting the currency before Group of 20 finance officials meet this weekend in Chengdu.

China typically holds the yuan steady before and during major diplomatic events.
In September, a G20 summit of world leaders will also be in China.

G20 nations must boost coordination, redouble efforts to support growth
The world's leading economies will step up efforts to lift global economic growth and share the benefits more broadly, as they seek to counter growing dissatisfaction with globalization.

U.S. Treasury Secretary Jack Lew said on Saturday it was important for G20 countries to boost shared growth using all policy tools, including monetary and fiscal policies as well as structural reforms, to boost efficiency.


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PostPosted: Fri Aug 12, 2016 5:22 am    Post subject: Reply with quote

China economic slowdown
Aug 12, 2016
 -  Fresh economic data from China suggests their economy remains in the doldrums.  Both industrial output and retail sales fell short of expectations in July.  China is having difficulty transforming the economy away from factories and exports.

Beijing's aim to rebalance the economy towards domestic consumption has lead to major challenges for large manufacturing sectors with layoffs, especially in heavily staffed state-run sectors such as the steel industry.  Even cinema ticket sales have indicated that consumer spending is not picking up as much as China would hope it to.

CHINA economy affecting world markets and world not buying affects China.
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PostPosted: Wed Feb 08, 2017 6:35 pm    Post subject: Reply with quote

For Chinese Home Buyers, Seattle Is the New Vancouver
Canadian city’s tax-policy changes appear to be driving overseas investors south

When Anna Riley, a Seattle-area real-estate agent, held an open house for a new $2.3 million listing in the tony city of Bellevue late last month, the pool of prospective buyers was different from the usual assortment of tech magnates, sports stars and chief executives.

Twenty groups of buyers visited the property in the Seattle metro area—and all of them were Chinese.

“Every single one,” said Ms. Riley, an agent at Windermere Real Estate, noting that Asian investors had typically, before last year, accounted for about a quarter of the firm’s prospective buyers.

Chinese real-estate buyers are suddenly descending on the Seattle region. Some are lured by perceptions the coastal city is a bargain, others by warm memories of the 2013 Chinese film “Finding Mr. Right,” which put Seattle on the pop-culture radar there.

The biggest draw, though, might be the fact that it isn’t Vancouver. In August, the Canadian province of British Columbia imposed a 15% tax on foreign investment in the city, which until recently was a popular destination for Chinese. The tax applies to anyone who isn’t a citizen or permanent resident of Canada and buys a home in metro Vancouver.

rest: https://www.wsj.com/articles/for-...e-is-the-new-vancouver-1486500393
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PostPosted: Fri Mar 03, 2017 12:43 pm    Post subject: Reply with quote

Chinese Christians Sentenced for Buying, Selling Devotionals

I can so see this coming to Amerika

A court in China’s northeastern Liaoning province sentenced five Christian leaders to three to seven years behind bars on Wednesday for purchasing and selling prohibited Christian material.

On Feb. 22, the defendants, comprised of four women and one man, learned they would be imprisoned for allegedly buying and selling “officially forbidden Christian devotional books.” Of them, pastor Li Dongzhe and Piao Shunnan received seven years, Zhao Chunxia and Li Yuan were given five years, and Shi Jinyan was sentenced to three years. Most of them belong to a Korean ethnic minority group that resides within China, and all of them attend registered churches. They were arrested last June.

China Aid exposes such abuses in order to stand in solidarity with persecuted Christians and promote religious freedom, human rights, and rule of law.


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