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Chinese shares see steep losses on Tuesday
bbc.com ^ | January 26, 2016 | bbc

Posted on 01/26/2016 1:25:39 AM PST by Berlin_Freeper

Chinese markets saw steep losses in late trade on Tuesday as investors worried about oil prices, and despite an injection of liquidity into the mainland market by the central bank.

The benchmark Shanghai Composite closed down 6.42% at 2,749.79.

Hong Kong's Hang Seng shed 2.48% to 18,860.8 points in afternoon trade.

Elsewhere, markets in Asia followed US stocks lower as further falls in the price of oil continued to unsettle investors.

(Excerpt) Read more at bbc.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: china; chinastockmarket; economy; stock

1 posted on 01/26/2016 1:25:39 AM PST by Berlin_Freeper
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To: Berlin_Freeper
A giant shopping mall in China designed as a replica of the Pentagon has been left virtually abandoned because the space is too expensive and too confusing.
2 posted on 01/26/2016 1:27:50 AM PST by Berlin_Freeper
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To: Berlin_Freeper
A giant shopping mall in China designed as a replica of the Pentagon has been left virtually abandoned because the space is too expensive and too confusing.

They really did duplicate the Pentagon.

3 posted on 01/26/2016 1:44:27 AM PST by Ken H
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To: Berlin_Freeper
And our insane gamblers in the Wall Street casino will cause a "rally" today, no doubt. Nothing is based on reality anymore.

Up is down, black is white, evil is good.


4 posted on 01/26/2016 2:38:55 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: Berlin_Freeper; SkyPilot

Don’t worry. Everything is fine, just fine.

I’m from the government and we’re here to help with the statistics.

Just tell us what numbers to create and we can turn a loss into a profit. It’s worked before!

We can turn massive unemployment and underemployment into a “booming economy”.


5 posted on 01/26/2016 2:39:20 AM PST by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: Berlin_Freeper; Ken H; Jet Jaguar
If Obama had his way, the actual Pentagon would be the building that was empty.



6 posted on 01/26/2016 2:41:26 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: Berlin_Freeper; xzins; 2ndDivisionVet; Jet Jaguar
It still amazes me the Chinese constructed a duplicate of the Pentagon as a shopping mall (now empty).

I used to work in the Pentagon. Amazing place. It is a massive structure. It has 11 miles of corridors, but you could cut through the courtyard to shorten your destination in the building once you figured your way around. Every day, the building surprised you with something. It was built in only 18 months during WW II, when American knew how to build things and it didn't take decades. During WW II, the unions and their controlling mafia were put on notice that the nation didn't have time for their usual "make work" and "slow down work" shenanigans, and they actually complied.

As for the shopping mall, I just cannot conceive of how the Chinese thought this could work. The square footage is HUGE. I guess here are only so many Chinese equivalent Spencer Gifts and Banana Republic stores you can put into these places.

7 posted on 01/26/2016 2:48:04 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SkyPilot

How would you stock in the inner rings of the mall. What a stupid idea!


8 posted on 01/26/2016 3:01:12 AM PST by raybbr (Obamacare needs a deatha panel)
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To: SkyPilot

Have you seen the Chinese copy of NASA’s Kennedy Space Center?

Chinese Jiuquan Satellite Launch Center
https://www.google.com/search?q=Jiuquan+Satellite+Launch+Center&source=lnms&tbm=isch&sa=X&ved=0ahUKEwihmeGDqsfKAhVKtYMKHd_HCjUQ_AUICSgD&biw=1065&bih=461


9 posted on 01/26/2016 3:03:20 AM PST by r_barton (We the People of the United States...)
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To: r_barton
No, I had not seen that. Wow.

The Chinese have copied much of our technology, and have improved upon it. For example, they have copied much of the F-35, but took out the ridiculous huge engine whose sole purpose was to turn the aircraft into a "jump jet" for the Marines. Their F-35 version can actually dogfight against an F-16 equivalent and maneuver.


10 posted on 01/26/2016 3:08:34 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: raybbr
It appears from the photo that they divided up the rings, which allow for tractor trailer trucks to travel through them and pull up to loading docks.

At the actual Pentagon, the loading dock is very small by comparison. There are a lot of propane powered carts going some areas of the building, but not everywhere of course. You also see a lot of electric golf carts in action.

11 posted on 01/26/2016 3:11:32 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: SaveFerris

Yup. The actual unemployment rate is over 20% when real data is used. We are, and have been, in an economic Depression for years. I fear, however, that the Big Crash is still to come. That one will change the course of humanity.


12 posted on 01/26/2016 3:34:41 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: Berlin_Freeper; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; Roy Tucker; ..

P!


13 posted on 01/26/2016 4:09:38 AM PST by TigerLikesRooster
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To: Ken H

Lol


14 posted on 01/26/2016 4:15:57 AM PST by DannyTN
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To: Berlin_Freeper

Quick build another ghost city.


15 posted on 01/26/2016 4:21:37 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: SkyPilot

It is The Great Mall of China.


16 posted on 01/26/2016 4:41:45 AM PST by caddie
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To: Berlin_Freeper

“A giant shopping mall in China designed as a replica of the Pentagon”

I read this when I looked up “irony” in the dictionary


17 posted on 01/26/2016 4:51:46 AM PST by ReaganGeneration2
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To: SkyPilot
took out the ridiculous huge engine whose sole purpose was to turn the aircraft into a "jump jet" for the Marines.

Hey it's a military requirement and the "customer is the customer." It is not the place of the engineers to tell the customer his choice is stupid and will lead to cost overruns and degraded performance.

18 posted on 01/26/2016 5:53:47 AM PST by AndyJackson
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To: Berlin_Freeper

My Netflix has dropped from about $130 to $98 since Dec 4th.
More Chinese have got to sign up to Netflix!!


19 posted on 01/26/2016 11:45:30 AM PST by minnesota_bound
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