Wednesday, October 21, 2020
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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Chinese Central Bank Helps Crack Cross-border Gambling Case Involving Tether Stablecoin

The People's Bank of China (PBOC) has just helped local authorities in the Guangdong province city of Huizhou to crack a cross-border...

Chinese Central Bank’s Digital Currency Research Institute Enters Strategic Cooperation with China’s Rural Credit Clearing Centre

The Digital Currency Research Institute of the People's Bank of China (PBOC) has entered a strategic cooperative agreement with the Rural Credit...

Chinese Housing Prices Enter the “10,000 Yuan Era”

Domestic analysts say that the Chinese housing market has just seen average prices rise permanently above the threshold of 10,000 yuan (approx....

NDRC Is “Confident” Chinese Economy Will Meet Annual Targets for 2020, Says Employment Has Risen Nearly 9M Since Start of Year

China's National Development and Reform Commission (NDRC) says it is confident that the Chinese economy will satisfy the full-year targets set by...