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Posts: 200

Shifu

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Q: What should China New Years Eve resolution be?

8 years 12 weeks ago in  General  - China

 
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Devalue Yuan moar, and send shivers around the globe....

icnif77:

Here We Go Again: China Halts Trading For The Entire Day After Another 7% Crash

CHINA STOCKS HALTED FOR REST OF DAY AFTER CSI 300 TUMBLES 7% - Following the collapse of offshore Yuan to 5 year lows and decompression to record spreads to onshore Yuan, The PBOC has stepped in and dramatically devalued the Yuan fix by 0.5% to 6.5646. This is the biggest devaluation since the August collapse. Offshore Yuan trading has been violent with a 1000 pips swing on Yuan-tervention. Dow futures are plunging... WTI trades at a $32 handle... Gold hits $1100.
 
Huu-haaaa

 

8 years 12 weeks ago
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icnif77:

New day of Chinese NY resolutionangel:

 

Global Stocks Crash After Spiraling Chinese Devaluation Unleashes Worldwide Chaos And Selling

Once China set the Yuan fixing some 0.5% lower, the biggest drop since the August devaluation, all hell broke loose and unleashed a global selling panic after China's stock market was promptly shut down less than 30 minutes into trading, then European shares dropped the most in more than 4 months as Asian equities plunges, as did US stock futures, the dollar weakened against the euro and the yen; crude plunged to fresh 12 year lows. Gold rose

8 years 11 weeks ago
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icnif77:

Something Just Snapped: Rand Crashes, Yen Surges, Dow Futures Tumble

China ripples may be turning into tsunamis. As FX markets creep open, something serious must have snapped. The South African Rand just crashed 10% - the biggest single-day drop since Lehman - to new record lows. At the same time, carry trades are being unwound en masse, smashing USDJPY down to 116.75 (strongest Yen in a year). Somebody do something!!!

8 years 11 weeks ago
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8 years 12 weeks ago
 
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Posts: 3868

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Do Chinese make Chinese New Year resolutions?

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8 years 12 weeks ago
 
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The same as mine and probably everyone who makes New Year resolutions...

Whatever last year's resolutions were, but resolve to actually stick to them this year.

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8 years 12 weeks ago
 
Posts: 19790

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Devalue Yuan moar, and send shivers around the globe....

icnif77:

Here We Go Again: China Halts Trading For The Entire Day After Another 7% Crash

CHINA STOCKS HALTED FOR REST OF DAY AFTER CSI 300 TUMBLES 7% - Following the collapse of offshore Yuan to 5 year lows and decompression to record spreads to onshore Yuan, The PBOC has stepped in and dramatically devalued the Yuan fix by 0.5% to 6.5646. This is the biggest devaluation since the August collapse. Offshore Yuan trading has been violent with a 1000 pips swing on Yuan-tervention. Dow futures are plunging... WTI trades at a $32 handle... Gold hits $1100.
 
Huu-haaaa

 

8 years 12 weeks ago
Report Abuse

icnif77:

New day of Chinese NY resolutionangel:

 

Global Stocks Crash After Spiraling Chinese Devaluation Unleashes Worldwide Chaos And Selling

Once China set the Yuan fixing some 0.5% lower, the biggest drop since the August devaluation, all hell broke loose and unleashed a global selling panic after China's stock market was promptly shut down less than 30 minutes into trading, then European shares dropped the most in more than 4 months as Asian equities plunges, as did US stock futures, the dollar weakened against the euro and the yen; crude plunged to fresh 12 year lows. Gold rose

8 years 11 weeks ago
Report Abuse

icnif77:

Something Just Snapped: Rand Crashes, Yen Surges, Dow Futures Tumble

China ripples may be turning into tsunamis. As FX markets creep open, something serious must have snapped. The South African Rand just crashed 10% - the biggest single-day drop since Lehman - to new record lows. At the same time, carry trades are being unwound en masse, smashing USDJPY down to 116.75 (strongest Yen in a year). Somebody do something!!!

8 years 11 weeks ago
Report Abuse
Report Abuse
8 years 12 weeks ago
 
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Answer of the DayMORE >>
A:  "... through ..."?  Only "through" comes to mind is "S
A: "... through ..."?  Only "through" comes to mind is "Shenzhen agent can connect you with an employer, who's authorized to hire waigouren ... and can sponsor Z visa." It's not like every 10th person you meet in Shenzhen's hood can sponsor work visa ...  The only way to change from student to labourer visa is just a regular way by: 1. Finding an employer, who'll apply for an Invitation letter; 2. Exit China and apply for Z visa in your home country's Chinese embassy; 3. Enter China in 30-days after Z visa was stamped into your travelling instrument ...As I am aware, you won't be able to switch to Working permit by remaining in China....,so make ready for a return to your home .... -- icnif77