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Chinese Debt Issues Lurking in the Shadows

As if the mounting pile of failed loans to local governments isn’t enough of a concern on its own, The Diplomat’s Minxin Pei writes that the hidden debt – the product of off-balance sheet “shadow...

Chinese Watchdog Eyes Local Loan Books

From the Financial Times: China’s top bank regulator has expressed concern over loans made to local government companies, saying Beijing was prepared to dispatch investigators across the country to check the debt carried by...

China Tightens Screws on Lenders

From the Herald Sun: The China Banking Regulatory Commission tightened rules on personal and working capital loans to bar them from being used for speculation. Lenders shouldn’t “over-grant” the loans that...

IMF to Study Congo’s China Deal

From Reuters: The International Monetary Fund’s country representative for Congo, Xavier Maret, said the $9 billion mining and infrastructure partnership with China signed by Kinshasa this year had raised questions about...

Paul Krugman: The Chinese Connection

In the New York Times, columnist Paul Krugman writes: Over the last few years China, for its own reasons, has acted as an enabler both of U.S. fiscal irresponsibility and of a return
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