Forwarded from RT News
Down the Pan! Evergrande crisis hits Japanese firms
Japanese manufacturers are seeing their future profits flush away. Toilet company Toto saw a further loss of 6.1% on Tuesday, air conditioning group Daikin lost 4.7%, and machine manufacturers Komatsu and Hitachi Construction Machinery both over 5%.
Toto makes almost a third of all profits from the Chinese market each year, while Daikin’s sales dependence on China had leaped to almost a quarter last financial year - almost double their usual annual share.
“Year-to-date debt defaults by real estate companies in China, not just China Evergrande, already exceed the cumulative figure for the past 10 years as tighter regulations bite,” said Morgan Stanley analyst Arisa Katsuyama.
A total wipeout coming?
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Japanese manufacturers are seeing their future profits flush away. Toilet company Toto saw a further loss of 6.1% on Tuesday, air conditioning group Daikin lost 4.7%, and machine manufacturers Komatsu and Hitachi Construction Machinery both over 5%.
Toto makes almost a third of all profits from the Chinese market each year, while Daikin’s sales dependence on China had leaped to almost a quarter last financial year - almost double their usual annual share.
“Year-to-date debt defaults by real estate companies in China, not just China Evergrande, already exceed the cumulative figure for the past 10 years as tighter regulations bite,” said Morgan Stanley analyst Arisa Katsuyama.
A total wipeout coming?
Subscribe to RT t.me/rtintl
Forwarded from RT News
Covid Jabs Causing FALSE CANCER Diagnoses - Warn Hong Kong doctors
A side-effect of the vaccine has been flagged in Hong Kong, as doctors claim some people have been misled to believe they have cancer.
The founder of the Hong Kong Breast Cancer Foundation says PET scans are mistaking enlarged lymph nodes - reportedly caused by coronavirus vaccines - to be flagged as cancer in false positive tests.
“I have a patient who’s on cancer surveillance so she had a PET scan. The scan showed a number of lymph nodes enlarged. She was so frightened and thought it might be cancer recurrence,” Dr Polly Cheung said.
Subscribe to RT t.me/rtintl
A side-effect of the vaccine has been flagged in Hong Kong, as doctors claim some people have been misled to believe they have cancer.
The founder of the Hong Kong Breast Cancer Foundation says PET scans are mistaking enlarged lymph nodes - reportedly caused by coronavirus vaccines - to be flagged as cancer in false positive tests.
“I have a patient who’s on cancer surveillance so she had a PET scan. The scan showed a number of lymph nodes enlarged. She was so frightened and thought it might be cancer recurrence,” Dr Polly Cheung said.
Subscribe to RT t.me/rtintl
Forwarded from The Real Kim Shady (D Anon)
*Chongqing, Tuesday
*Done in [30] month delta of 9/24/21 is 3/24/19
-13 days for Julian calendar is 3/11
*Done in [30] month delta of 9/24/21 is 3/24/19
-13 days for Julian calendar is 3/11
Forwarded from ###
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