by Guest9999 » Mon Apr 25, 2022 11:53 pm
March 1st to April 22, a whopping 48 Covid deaths in China (I guess that stat implies Hong Kong is not part of China?), so naturally they now have around 344 million people under lockdown, mostly around Shanghai, the largest city, but Beijing too is tightening up fast. The resultant economic pain seems far from over, and shock waves are already being felt far from the mainland.
Poll option d) now seems likely.
A rare few Chinese analysts have publicly wondered if there might be some long term effects beyond a troubled 2022. They worry confidence in the government might be sufficiently shaken that capitalism in China, such as existed the last few decades, might take a long time to recover. As the Government more firmly grips the tiller of the economy to steer it through lockdowns, small and medium sized Chinese businesses may, they say, have even greater desire to get their investment money out of the country.
IF they can get it out, the dollarized Cambodian economy may continue to receive an outsized share. Not sure about Chinese cash inflows to Cambodia right now - though it is hard to believe it could even approach that of 2014-2019, but 2022, (or earlier in the Pandemic) might be a fine year to get a nice piece of land to sell to Chinese in 2025.
Yes, that was exactly what everyone, and their dogs and cats, was thinking 2014-2019, and not everyone bought sufficiently low, but with war in Ukraine, and ongoing Covid Zero up north, perhaps now IS time for, at least, a good look around.
(I'd look for 'reasonably priced', well located land rather than condos, but that's just me.)
March 1st to April 22, a whopping 48 Covid deaths in China (I guess that stat implies Hong Kong is not part of China?), so naturally they now have around 344 million people under lockdown, mostly around Shanghai, the largest city, but Beijing too is tightening up fast. The resultant economic pain seems far from over, and shock waves are already being felt far from the mainland.
Poll option d) now seems likely.
A rare few Chinese analysts have publicly wondered if there might be some long term effects beyond a troubled 2022. They worry confidence in the government might be sufficiently shaken that capitalism in China, such as existed the last few decades, might take a long time to recover. As the Government more firmly grips the tiller of the economy to steer it through lockdowns, small and medium sized Chinese businesses may, they say, have even greater desire to get their investment money out of the country.
IF they can get it out, the dollarized Cambodian economy may continue to receive an outsized share. Not sure about Chinese cash inflows to Cambodia right now - though it is hard to believe it could even approach that of 2014-2019, but 2022, (or earlier in the Pandemic) might be a fine year to get a nice piece of land to sell to Chinese in 2025.
Yes, that was exactly what everyone, and their dogs and cats, was thinking 2014-2019, and not everyone bought sufficiently low, but with war in Ukraine, and ongoing Covid Zero up north, perhaps now IS time for, at least, a good look around.
(I'd look for 'reasonably priced', well located land rather than condos, but that's just me.)