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Monthly Archives: October, 2017

China’s Economic Growth Model is Unsustainable: Caixin Chief Editor

The editor of one of China's leading finance publications says that the future of its economy depends upon Beijing's willingness to push through with...

“China as a Whole is a Ponzi Unit”: Victor Shih

Victor Shih says a surge in leverage to over 300% of GDP have transformed the Chinese economy into a "Ponzi unit" that is highly...

Beijing Says China’s US Dollar Sovereign Bonds Will Spur Financial Opening

The Ministry of Finance says that the issuance of China's first batch of US dollar sovereign bonds in 13 years will help to drive...

Home Loan Growth Eases as Property Controls Drive Rates Higher: Central Bank

Growth in housing loans has eased over the past several months according to the People's Bank of China's report for the third quarter, while...

Central Bank Concerned by Growth in Mortgage-fuelled Household Debt

The head of China's central bank has expressed concern over the rapid growth in household debt levels on the back of mortgage loans for...

JPMorgan Wants Opening of Finance Sector to Pave Way for Solo Operation

JPMorgan Chase wants regulators to raise the cap on equity holdings by foreign investor, in the hope of expanding its wholly invested operations in...

Debt-Equity Swap Agreements Exceed 1.3 Trillion Yuan a Year After Deleveraging Launch

A year following the launch of debt-equity swaps by the central government as a key vehicle for deleveraging of China's state-owned enterprises, the total...

Average Income Growth Outpaces GDP for First Three Quarters

Growth in average Chinese incomes has seen an acceleration for the first three quarters of 2017, while also beating out GDP growth for the...

Chinese Communist Party Lambasts Western Protectionism

The flagship news publication of the Chinese Communist Party has launched a broadside against the UK government for its latest clamp down on overseas...

China Ploughs Over $1bn into Artificial Intelligence and Strategic Tech Sectors

The "Made in China 2025" plan has seen more than USD$1 billion invested in artificial intelligence and strategic tech sectors since its launch in...

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