Banks Raise Dams, Fend Off Toxic Debt Crisis
Huo Kan and Wu Hongyuran via Caixin | China’s banks are successfully managing 1.92 trillion yuan worth of non-performing loans, but tomorrow could bring a flood of bad debt.
China
Learning To Live With A Strong Dollar
From July 2014 to date, the dollar has risen by 17% and this increase is one of the reasons why the U.S. economy registered paltry growth of only 2% y-o-y in the third quarter. But the market thinks that the strong dollar is here to stay and it is becoming a factor that US policymakers must consider.
China Private Banks Versus State Sector: Where Do Banks Lend?
UBS | We reviewed the financial statements of 134 banks to understand loan exposure by industry as well as to try to estimate the size of private – sector lending versus state – sector lending.
The Path to Building a Well-Off Society
Caixin | The Communist Party’s 18th Central Committee released a proposal for a major economic development plan on October 29 at the end of a four-day plenum, the fifth time the body has met. In the proposal, the party notes that China still has a lot of room to grow, even though it is facing an array of challenges stemming from shifts in the domestic economy and uncertainty abroad.
As China Ends the One-Child Policy, What’s Its Legacy?
Stephanie Gordon | China has announced the end to its infamous one-child policy, the restrictive rule that has limited many families to one child—and some to two children—for the past 37 years. The changes will allow all couples to have two children.
Germany and China Share Several Goals in Common
Michael Clauss via Caixin | Both countries want to solve the world’s crises, continue to innovate and develop sustainable economies – all reasons for optimism in the relationship.
Trimming RRR, Interest Rates Won’t Save China’s Economy
Guan Qingyou via Caixin | The Chinese central bank’s decisions to trim banks’ reserve-requirement ratios and benchmark interest rates this year have all coincided with bad news, so it was hardly surprising that it would make cuts again on October 23, shortly after the National Bureau of Statistics said the country’s GDP growth rate for the third quarter fell to 6.9 percent.
Patronomics: more than Chinese railways
UBS | We believe China and Japan will play significant roles as regional economic patrons over the next few years. We estimate the amount of patro – dollars, namely China’s outward direct investment in the ‘One Belt One Road’ regions, will exceed US$200bn in 2016 – 18.
Insider Trading Is Hindering Development Of Stock Market
Tao Jingzhou via Caixin | The government must act to clean up a scourge that hurts the public interest yet sees few people ever punished.
“Now is the time for making gestures in the ECB”
While Yellen bet on increasing rates, China’s slowdown concerns Draghi, but he is not considering further stimulus for the time being, says Gabriel Marqués at Intermoney.