◎ The CCP’s claim that migrants workers are returning home to partake in “entrepreneurship” is likely an attempt to put a positive spin on rising unemployment.
◎ Whenever the central bank releases liquidity, the funds usually flow to the property markets.
◎ SOEs cannot pay interest on their financing liabilities even if they are granted very favorable interest rates, let alone pay principle.
◎ China’s industrial firms’ profits actually fell 6.8 percent in the first quarter of the year.
◎ The Sino-U.S. trade war is underway. And China lacks “ammunition.”
◎ Industrial profits had in fact fallen 6 percent year-on-year.
◎ The Chinese regime has long had a problem with issuing fake statistical data.