Official Data, Other Signs Hint at Bad State of China’s Economy
China’s sole engine driving growth is losing steam.
BUSINESS
Risk Watch: Chinese Regulators Issue Stringent Rules to Check Risky Asset Management Business
◎ Investors appear to have preempted the move by regulators, leading to large-scale withdrawals of capital from the stock, bond, and futures markets.
Chinese Company Buys Toshiba TV Department
◎ If China becomes a global electronics leader and the Party is still in charge, the world will be in grave danger from communist subversion.
Risk vs. Opportunity: Xi Jinping Seeks to Reform Free-trade Zones, Create Free-trade Ports
◎ If Xi can make the free-trade ports genuinely free zones, they would pose a challenge to the CCP dictatorship.
China’s ‘Warren Buffett’ May Be Caught up in Anti-corruption Drive
◎ The CCP declared open season on financial sector corruption after the 19th Party Congress.
Punishing of Famous Actress Puts Chinese Financiers on Notice
◎ The probe of the financial sector will affect the princelings and other high-ranking CCP officials.
Risk vs. Opportunity: Three Takeaways on China Opening Up to Foreign Finance Firms
On Nov. 10, vice finance minister Zhu Guangyao announced that China would remove foreign ownership limits on banks while permitting overseas companies to hold majority stakes in local banks, securities, futures, asset management and insurance. Zhu’s announcement coincided with President Donald Trump’s first state visit to China, and came a day after Trump called for
Three Key Takeaways from Trump’s China Trip
◎ Here are three key takeaways from Trump’s trip to China.
Risk Watch: China’s Security Ministry Takes Aim at Financial Sector
◎ China’s law enforcement authority recently announced that it would double down on efforts to tackle financial crimes.
Risk Watch: China Establishes New Financial Regulator
◎ Xi is focusing his efforts on rooting out corruption in the financial sector to prevent his political opponents from undermining his administration by creating or magnifying financial risk in China’s economy and markets.