China's stimulus rally will be short-lived: AEI's Derek Scissors

Bill Bishop, publisher of the Sinocism China Newsletter, and Derek Scissors, Asia economist at the American Enterprise Institute, join CNBC's 'The Exchange' to discuss China's recent stimulus package, how long its rally can last, and more.

[NathanStevens]

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.

[hanfucolorful]

They can take a pay check from that 1.6 B propaganda budget.

[pureland]

Obviously he has a cold-war mentality.

[GF-polb]

I think i’ll listen to tepper not these ppl

[LamarPassmore]

How much money has Nancy received from Taiwan?

[akanbibolanle]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[chintandobariya]

Many big investors will offload their China stocks now 😮

[Littlepunk]

Many rich Chinese I know are taking this opportunity to leave China for good

[ronsilva]

Nice try, I’m not buying Chinese stocks so that you can unload yours .

[robertwang]

I def believe Tepper, because he puts his money where his mouth is. Money talks BS walks. Second I was looking at the turnover of HK, SZ and SH, it’s around Rmb1.5-1.6 Trillion a day, every day this week. HK even chalked its highest turnover in history at HKD451B on Friday. This is a heck a lot of money going into the stock market. These are smart money with economic and financial models going thru multiple scenarios and economists, analysts and number crunchers. Even the CEO need approve for so much money invested. You telling me Rmb6T of funds in one week is on a whim or gut feeling. These are some of the smartest ppl in the world. This is the first time I heard this view. Siegel, Tepper, Jack D, Black rock, BofA, Morgan S, ….. all have similar views. I follow the money. It’s a clear buy.

[louistan]

Yes. Talk it down as always. The frogs in the deep well can not see what are outside.

[YS-ysus]

I will enjoy the 50% gain by end 2024 and sell.

[anti-bullingjames]

And it's still on. Also, American and European capitals are starting pouring in.

[Longtermalwayswins]

Tepper’s the clown that got pumped and dumped on lol.

[yupingsun]

it is doubt first, disbelief, then believe, then chase, then FOMO

[huangzongming]

it helps to stimulate growth and to improve consumption. As China economy is in transition, there will be opportunity and more investment is needed to see the results.

[eggfacepudding]

their Faces Changed when she ask "Why did China need to boost when their tech were driving innovations?"

[_jiweixu_]

i like his pessimism, pessimists are right, but optimists gain.

[venture.brothers]

It's the AEI of course they're going to say that. Pot calling the kettle.

[hydranth]

What on earth is Derek talking? Problems for private companies? And what is PDD, BABA, NIO, BYD, CATL? 🤣