Chinese bubble trouble: halfway through?
LONDON | July 17, 2015 | UBS | Property activity corrected visibly in 2014 and H1 2015, with declining property starts and weaker construction dragging down China’s industrial sector and GDP growth.
LONDON | July 17, 2015 | UBS | Property activity corrected visibly in 2014 and H1 2015, with declining property starts and weaker construction dragging down China’s industrial sector and GDP growth.
BEIJING | July 16, 2015 | By Shi Rui, Liu Jiaying and Chen Xinlei via Caixin | Authorities are fleshing out a plan that would let country’s locally managed pensions buy and sell stock on the Shanghai and Shenzhen exchanges.
July 15, 2015 | UBS | Lifting sanctions would add more production to an already oversupplied market.
It is ironic that trade and investment flows within BRICS countries—Brazil, Russia, India, China and South Africa—continue to disappoint, even though economics was the primary reason for the formation of the grouping.
BEIJING | July 13, 2015 | By Xie Wen via Caixin | The recent crash makes a relisting in China unappealing, and the signal sent by wanting to depart in first place damages companies’ credibility.
If refugees formed a country, it would be the 24th most populous in the world, between South Africa and Italy.
July 10, 2015 | By Benjamin Cole via Marcus Nunes’ Historinhas | As a lot, central bankers are not entrepreneurs or real estate developers, and are very risk-averse, and are minutely concerned with the strict control of prices (as measured) as opposed to robust prosperity.
July 1, 2015 | By Benjamin Cole via Marcus Nunes‘ Historinhas | The central banker’s club known as the Bank of International Settlements (BIS), suitably HQ’ed in Basel, Switzerland, this past weekend released its annual report, and advocated the globe’s major central banks raise interest rates to combat the chronic lack of aggregate demand and low inflation-deflation dogging the world’s developed economies.
The US is not investing in their underground infrastructure, often dating back to the 19th century. An estimated 240,000 water main breaks per year in the country.
The Corner | June 29, 2015 | Greece, Greece and more Greece… But in fact, it is Puerto Rico which is closer to default. The island’s governor admitted their debts are not “payable” without a reestructuring, so creditors must now “share sacrifices”.