Minitrue: Bank Tied to Missing Billionaire Taken Over
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LatestCDT Money: Credit Where Credit Is Due
A key measure of Chinese manufacturing activity edged into positive territory last week, as the official Purchasing Managers Index (PMI) rose from a September level of 49.8 to 50.2 for October. The expansionary figure represents...
CDT Money: More Signs of a Slowdown
Despite suggestions last week that the yuan exchange rate had reached equilibrium and hints of possible liberalization in its trading range, officials at the People’s Bank of China set the yuan’s U.S. dollar...
China bank regulator warns state lenders – Samuel Shen
From Bloomberg News via the International Herald Tribune (link)
China’s banking regulator has warned state-owned lenders, including Bank of China, for the second time in
China still vulnerable despite war on bad debt – Richard McGregor
From the Financial Times (link)
At first glance, Beijing would appear to have tackled head-on the mountain of bad debt in its state banking system, debt which has built up over some
China bad loans may reach total of $900bn – Richard McGregor
From the Financial Times (link)
China’s total liabilities for non-performing loans may be as high as $900bn, dwarfing official estimates and outstripping the country’s
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