{"id":5455,"date":"2012-09-13T04:32:16","date_gmt":"2012-09-13T08:32:16","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=5455"},"modified":"2012-09-13T04:32:16","modified_gmt":"2012-09-13T08:32:16","slug":"wsj-chinas-solyndra-economy-business-insider","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/13\/wsj-chinas-solyndra-economy-business-insider\/","title":{"rendered":"WSJ: China\u2019s Solyndra Economy &#8211; Business Insider"},"content":{"rendered":"<p>By PATRICK CHOVANEC<\/p>\n<blockquote><p>On Aug. 3, the owner of Chengxing Solar Company leapt from the sixth floor of his office building in Jinhua, China. Li Fei killed himself after his company was unable to repay a $3 million bank loan it had guaranteed for another Chinese solar company that defaulted. One local financial newspaper called Li\u2019s suicide \u201ca sign of the imminent collapse facing the Chinese photovoltaic industry\u201d due to overcapacity and mounting debts.<\/p>\n<p>President Barack Obama has held up China\u2019s investments in green energy and high-speed rail as examples of the kind of state-led industrial policy that America should be emulating. The real lesson is precisely the opposite. State subsidies have spawned dozens of Chinese Solyndras that are now on the verge of collapse.<\/p><\/blockquote>\n<p>via <a href='http:\/\/www.businessinsider.com\/wsj-chinas-solyndra-economy-2012-9'>WSJ: China\u2019s Solyndra Economy &#8211; Business Insider<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By PATRICK CHOVANEC On Aug. 3, the owner of Chengxing Solar Company leapt from the sixth floor of his office building in Jinhua, China. Li Fei killed himself after his company was unable to repay a $3 million bank loan it had guaranteed for another Chinese solar company that defaulted. One local financial newspaper called &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/13\/wsj-chinas-solyndra-economy-business-insider\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WSJ: China\u2019s Solyndra Economy &#8211; Business Insider&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[1616,3174,3231],"class_list":["post-5455","post","type-post","status-publish","format-standard","hentry","category-china-hk","tag-green-energy","tag-solar-companies","tag-state-subsidies"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WSJ: China\u2019s Solyndra Economy - Business Insider - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WSJ: China\u2019s Solyndra Economy - Business Insider - the patient investor\" \/>\n<meta property=\"og:description\" content=\"By PATRICK CHOVANEC On Aug. 3, the owner of Chengxing Solar Company leapt from the sixth floor of his office building in Jinhua, China. Li Fei killed himself after his company was unable to repay a $3 million bank loan it had guaranteed for another Chinese solar company that defaulted. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.\",\"sameAs\":[\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\",\"https:\/\/au.linkedin.com\/in\/colintwiggs\"],\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"WSJ: China\u2019s Solyndra Economy - Business Insider - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"WSJ: China\u2019s Solyndra Economy - Business Insider - the patient investor","og_description":"By PATRICK CHOVANEC On Aug. 3, the owner of Chengxing Solar Company leapt from the sixth floor of his office building in Jinhua, China. 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China's domestic economy threatens a deflationary contraction, with the consumer price index shrinking by 0.8% in the\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"10-Year Treasury Yield","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-08-china-cpi-598x404.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-08-china-cpi-598x404.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-08-china-cpi-598x404.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":11217,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/10\/29\/china-advisory-body-boots-hong-kong-lawmaker-james-tien-wsj-wsj\/","url_meta":{"origin":5455,"position":1},"title":"China Advisory Body Boots Hong Kong Lawmaker James Tien &#8211; WSJ &#8211; WSJ","author":"ColinTwiggs","date":"October 29, 2014","format":false,"excerpt":"From Isabella Steger and Fiona Law in Hong Kong and Chun Han Wong in Beijing: A leading Hong Kong politician was stripped of his seat on China\u2019s main advisory body after contradicting Beijing\u2019s views, in another step to quiet dissent during month-long protests in the former British colony. The Chinese\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56525,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/08\/10\/liquidity-improves-but-stocks-warn-of-selling-pressure\/","url_meta":{"origin":5455,"position":2},"title":"Liquidity improves but stocks warn of selling pressure","author":"Colin Twiggs","date":"August 10, 2024","format":false,"excerpt":"Financial markets show signs that liquidity is recovering. Treasury yields are low and the Dollar is weak, which is bullish for gold. Stocks continue to warn of selling pressure. According to JPMorgan, the carry trade unwind is far from over, but a dovish statement from the Bank of Japan shows\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Fed Assets net of TGA & Reverse Repo (RRP) Liabilities","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-08-09-fedassets-tga-rrp.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-08-09-fedassets-tga-rrp.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-08-09-fedassets-tga-rrp.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":62958,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/10\/26\/china-is-breaking-the-global-monetary-system\/","url_meta":{"origin":5455,"position":3},"title":"China is breaking the global monetary system","author":"Colin Twiggs","date":"October 26, 2025","format":false,"excerpt":"Key Points President Trump hopes to cement a trade deal with China's Xi Jinping at their meeting on Thursday. China is unlikely to abandon its investment-led growth model that has delivered much progress in the past 25 years. However, China's model is damaging the global economy and monetary system. China's\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"China Consumption & Investment Compared to other Developed Economies","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-10-24-china-cons-inv.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-10-24-china-cons-inv.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-10-24-china-cons-inv.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":1369,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/17\/of-blind-men-and-elephants-grasping-chinas-economy-china-real-time-report-wsj\/","url_meta":{"origin":5455,"position":4},"title":"Of Blind Men and Elephants \u2013 Grasping China\u2019s Economy &#8211; China Real Time Report &#8211; WSJ","author":"ColinTwiggs","date":"October 17, 2011","format":false,"excerpt":"Former Australian Ambassador to China and current board member of Australian miner Fortescue Metals Geoff Raby had a different take. ....While he clearly felt the recent sell-off of stocks on fears that China\u2019s economy was slowing was hugely overblown, he had more time for concerns about Chinese corporate disclosures. He\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15040,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/03\/26\/the-chip-on-chinas-shoulder-wsj\/","url_meta":{"origin":5455,"position":5},"title":"The Chip on China\u2019s Shoulder | WSJ","author":"ColinTwiggs","date":"March 26, 2017","format":false,"excerpt":".....Fully 70% of Chinese television dramas have plots related to war with Japan, he tells us, and in 2012 alone 700 million imaginary Japanese were killed in Chinese movies. Mr. French\u2019s findings on this count are ominous: \u201cUp until the present day,\u201d he writes, \u201cEast Asia has never proven large\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=5455"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5455\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=5455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=5455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=5455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}