Thursday, January 28, 2021
Tags Crisis

Tag: Crisis

China “the Most Obvious Candidate for Crisis” Due to Bad Debt: Capital Economics

Julian Evans-Pritchard, China economist at London-based Capital Economics, believes that the country's dependence on stimulus spending and burgeoning debt levels make it "the most obvious candidate" for an...

Brad Setser Asks if a Chinese Banking Crisis Could Trigger a Currency Collapse

Former US Treasury economist as well as Nouriel Roubini associate Brad Setser asks whether a crisis in China's banking sector could lead a collapse in the...

Dragonomics Foresees Financial Crisis in China Within a Decade

A leading investment consultancy says that China could suffer a financial crisis in under a decade a result of unsustainable debt growth. Gavekal Dragonomics chief economist Anatole...

SOE Debt Levels Could Imperil China’s Finance System

One of China's leading experts on risk in its financial system has pointed to high debt levels amongst state-owned enterprises as a major potential threats to stability. Speaking...

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China Issued USD$8.87 Trillion in Bonds in 2020 for YoY rise of over 26%: PBOC

The latest data from the Chinese central bank points to a marked rise in bond issuance in 2020 amidst the peak of...

Beijing, Guangdong, Shanghai All Stress Digital Renminbi, Financial Opening in 2021 Government Work Reports

Several of China's biggest regional economies have outlined plans to accelerate digital renminbi trials and financial opening measures in their government work...

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

China UnionPay Establishes Commanding Presence in South-east Asia’s Digital Payments Market

Payments giant China UnionPay is making bold forays into the digital payment sectors of multiple countries throughout South-east Asia.