Demonstrators at a protest against a planned national security law, at a shopping mall in Hong Kong, on May 25, 2020.The world's second-largest economy suspended guidance on its gross domestic product for the first time in 25 years, citing pressures from the coronavirus and trade tensions.
Beijing's policies and rhetoric can put either oil or sand into the gears economic growth. Ideally, oil would be added as conditions begin to slow and perhaps add some sand to slow conditions when they risk overheating. As the global economy moves deeper into recession, even with an ongoing pandemic shutdown, tightened control over Hong Kong and increasingly combative rhetoric with the U.S. and others seem ill-advised if economic stability and a return to growth is the goal.
The pressures are not coming solely from the administration. A new bill just passed in the U.S. Senate would require compliance with U.S. listing regulations or result in delisting from U.S. stock exchanges. This would severely restrict corporate China's access to capital and put further pressure on the Chinese economy.
It would be a mercy killing. It shouldn’t be this high at this time
Recovery would be very fast If the world triggers a lightning war to destroy CCP.
Looks like CNBC got new orders from Wall Street. Pump phase over - enter the dump phase.
Do not relate Hong Kong problem to US stock market. They are completely different thing.
profitable traders do not care about the chicoms. as long as there is a liquid open market traders will make money. be safe.
Pleasing the communist Dnc.
China is all out starting wars in Asia! It’s gobbling HK, it’s aircrafts are breaching Taiwanese airspace, it’s navy has sunk a Vietnamese fishing vessel, and it has entered Indian borders and is in an active confrontation with them! We have given birth to this monster! xitler
It's a bull trap anyway, manipulated by helicopter money fresh off the press and fake news about 'vaccines'. The market was overvalued before the crash, and even more over valued now that its reaching these heights with 40 Mill unemployed.
China is holding all the Trump cards while the White House holds a Joker.
I didn't know the 'C' in CNBC stood for China.