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Several signs of financial risks emerging; who is the real target of China’s anti-mafia campaign?

SinoInsight 1 A total of 33,101 apartments were sold off on Taobao’s judicial auction site in 2017. This January, 25,518 apartments were auctioned off, or about 80 percent of the 2017 total. OUR TAKE Under pressure from the central authorities, Chinese banks are deleveraging and rescinding loans to businesses. With their credit lines cut, businesses …

Read moreSeveral signs of financial risks emerging; who is the real target of China’s anti-mafia campaign?

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