Quote
The recent booming of CNY trade volume on localbitcoins is hailed by many as the doomsday of centralized exchanges.
Topic: [2017-03-08]China to deal with 5 risks to prevent economic crisis in 2017 (Read 820 times)
March 09, 2017, 12:01:06 AM
No mention of Bitcoin, except in passing:
March 08, 2017, 08:51:21 PM
Each time when the economy needed a downturn, it will be a test of the determination of the authorities to push reforms forward. Many private entrepreneurs lost their faith because of a policy shift. "Stimulus boom" is an easy resort but self-deception.
March 08, 2017, 12:30:43 AM
The recent booming of CNY trade volume on localbitcoins is hailed by many as the doomsday of centralized exchanges. However, it’s more of a reflection of “asset shortage” in China. Many people find it hard to locate assets that could outrun KPI or inflation. Some analyst even announces that the whole economy in China is a ponzi scheme as a whole. As per Ma Guangyuan, an independent economist and senior lawyer, there are five major risks that China has to deal with in 2017.
The analysis was a response to the 45 billion government spending on infrastructure.
http://news.8btc.com/china-to-deal-with-5-risks-to-prevent-economic-crisis-in-2017
The analysis was a response to the 45 billion government spending on infrastructure.
http://news.8btc.com/china-to-deal-with-5-risks-to-prevent-economic-crisis-in-2017
Jump to: