A combination of proper pension reforms, better allocation of state and private-sector assets, and greater utilization of new technologies can help China to defuse the demographic bomb and mitigate the ageing shock for its economy and society. Analysts at AXA IM briefly summarises the pillars of China’s pension system.
via The Conversation | Parts of the federal government have been closed since midnight on Dec. 22, making it the second-longest shutdown on record. It’s also the third since President Donald Trump took office. The immediate and most visible impact of a shutdown is in the government’s day-to-day operations.
Sheng Songcheng and Shen Xinfeng via Caixin | Speculation has flared up that the People’s Bank of China (PBOC) is considering buying stocks. But there are no valid reasons for the central bank to buy shares directly or through exchange-traded funds (ETFs) that track indexes or baskets of stocks.
The commercial tensions between the US and China and the signs of a slowdown in China will surely serve in 2019 to justify the return of volatility to markets and conceal an aspect which, for Intermoney, will again be really important at the beginning of 2019: the movements of sovereign funds.
BBVA has announced that it is creating a team of 2,000 data scientists to develop new digital products and services. It is only one of the many companies jumping on the Big Data waggon. But do these companies understand the dangers of Big Data analysis, and in particular the algorithms that underlie them?
We begin the year with a cheap PER at 12.2 times Ebitda profits. But everything will depend on whether the demanding estimations of forward BPA are met, according to experts at Alphavalue. Furthermore, the sectorial disasters in 2018 could be suitable opportunities for 2019.
2018 has been a turbulent year for the oil market. CaixabankResearch reflects on the recent trends in order to shed light on the key factors behind these sudden changes. This will help us to fine-tune the outlook for 2019.
On 3 Jan 2008, Satoshi Nakamoto set in motion his plan to create a new form of money that is independent of any government or bank. The evolution of bitcoin and blockchain over the last decade has been so remarkable that even Satoshi himself could not have imagined the impact of his work. Year 2018 has been a marathon year for cryptoassets, and despite current crypto bear market, Mati Greenspan, Senior Market Analyst at eToro believes it disguises some positive news for 2019.
via The Conversation | Brazil’s new president Jair Bolsonaro, who took power on Jan. 1, is often called the “Trump of the Tropics” for his law-and-order rhetoric, racist and sexist remarks, pro-business stances and outsider pledges to upend politics as usual.
Xu Xueming via Caixin | Private enterprises have recently faced liquidity problems, resulting from refinancing issues and the pledged-share crisis. For some of them, the reason lies in difficulties in their own operations. How do we solve the problems of private enterprises’ rising nonperforming loans, bond defaults and refinancing difficulties, and also manage the risk of forced sales of stocks pledged as collateral by controlling shareholders?