151
1990, former president Jiang Zeming talked to ABC’s Barbara Walters on why China/US favorable trade agreement should continue. He ditched the interpreter half way. Great clip.
152
Behold- China infrastructure investment in January. Gone vertical!
153
China air cargo volume Y/Y cliff diving. The trade war effect has arrived.
154
Country Garden cut the selling price at one of its residential developments by 1/3. Those who paid full price smashed the sales office. Similar incidents had happened before, and will again. It’s impossible to remove “the guarantee of principal”（刚性兑付）in China.
155
Biggest typhoon casualty: the bronzecharging bull statue in front of the Shenzhen stock exchanged has fallen.
Economist of the Year - Asian Private Banker; FT Book of 2020; No.1 Strategist/Economist - AsiaMoney. “The man who called China’s boom & bust” - Bloomberg