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.

[@pureland2703]

Obviously he has a cold-war mentality.

[@GF-po4lb]

I think i’ll listen to tepper not these ppl

[@GoldTau-l2d]

He trying to cover his bad position. China is not investable.

[@chintandobariya472]

Many big investors will offload their China stocks now 😮

[@robertwang7825]

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.

[@is200gt]

the dragon is waking up..... dont miss the ride...

[@ronsilva7394]

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

[@far1762]

Sory, nu, au, valore, mare,,,,,, zyttt😮😅

[@danielhutchinson6604]

Most Americans are too broke to buy Stock.

[@aniconic3424]

Hahaha holy smokes you are right, that's totally what they are doing

[@LamarPassmore]

How much money has Nancy received from Taiwan?

[@jhockey11liu91]

bet against China: remember 1998?

[@far1762]

Era, perioada, gra, în, kyna, mulți, fugeau, de, ey, sory.

[@yupingsun40]

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

[@YS-ys1us]

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

[@Littlepunk8964]

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

[@johnc1873]

Why would they leave the best country on earth?

[@haoruchen4216]

sneaking back quietly

[@syedarmaghanhassan4652]

Wisdom, is served!

[@chrismanchin]

I trust Tepper

[@hydranth]

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

[@louistan7560]

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

[@eggfacepudding]

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

[@thejeffinvade]

It will bounce for 1-2 month, ride the wave while it lasts.

[@SkankHuntForty2]

Oh, this is on CNBC 🤣 ... one of Kamala's news networks. I guess this must be legitimate news. 🤣🤣🤣

[@danielhutchinson6604]

Next Month the BRICS Summit for this year will be held in Russia. After that is over the term "Asian Unity", might get a bit more air time? 159 nations with 75% of resources, appear to be attending this years event. China is not acting alone.