Never believe anything out of China, not even the rice. Bloomberg drilled down to recent Chinese export data between China and Hong Kong and found stark differences, likely caused by fraudulent data used to get money out of China.
In other words, companies are fudging their numbers to get allowances to move money out of the mainland. This is occurring on an industrial scale, and may equate to as much as 10% of all Chinese exports.
Do you still believe Chinese GDP is growing at 6.8%?
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What a wonderful world.
Me Chinese, me play joke.
When the tide goes out . . . Ask this guy warren buffett
More money for the US baby!
How can you expect their markets to stand up when they won’t help a fallen person in the street?
Lame