Is President Trump using the US dollar hegemony, through the Federal Reserve, to give Communist China a financial "hard landing"?
International Finance Discussion Papers
Board of Governors of the Federal Reserve System
Number 1260
October 2019
federalreserve.gov/econres/ifdp/f…
International Finance Discussion Papers
Board of Governors of the Federal Reserve System
Number 1260
October 2019
federalreserve.gov/econres/ifdp/f…
President Trump says we are at war.
Shadow-banking.
"The Chinese shadow-banking sector is focused on credit intermediation through non-traditional products, such as wealth management products (WMPs). These products
compete with bank deposits for corporate & household savings."
Shadow-banking.
"The Chinese shadow-banking sector is focused on credit intermediation through non-traditional products, such as wealth management products (WMPs). These products
compete with bank deposits for corporate & household savings."
Communist China ramped up their shadow-banking in January.
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
Pay attention to real estate!
Communist Chinese banks shadow banking funds for local government funding vehicles and for real estate developers.
Bank shadows are closely related to the MONEY-CREATION indicator M2.
bis.org/publ/work822.h…
Communist Chinese banks shadow banking funds for local government funding vehicles and for real estate developers.
Bank shadows are closely related to the MONEY-CREATION indicator M2.
bis.org/publ/work822.h…
1st quarter of 2019, Chinese buyer inquiries for US properties on Juwai.com, a Chinese real estate site, were down 27.5% from a year ago. Inquiries have been down in 4 of last 5 quarters.
“We call it the Trump effect."
cnbc.com/2019/07/17/for…
“We call it the Trump effect."
cnbc.com/2019/07/17/for…
Southern California had been particularly popular w/ Chinese parents hoping to send their children to American colleges.
“The Trump effect is undercutting some of the primary drivers of Chinese demand for US property, including buying homes for students who are studying in US...
“The Trump effect is undercutting some of the primary drivers of Chinese demand for US property, including buying homes for students who are studying in US...
Over the past 10 months, Bei Qin, a realtor in Silicon Valley, California, has not had any clients from China, a market that used to be her major source of business.
global.chinadaily.com.cn/a/201911/11/WS…
global.chinadaily.com.cn/a/201911/11/WS…
