US-China Tariff Pause Brings Scant Relief for Beijing
Beijing’s ability to make economic concessions to Washington is likely limited by its need to maintain the Communist Party’s power and stability.
BUSINESS

Risk Watch: The Chinese Stock Market Plunge and Factional Politics
◎ The timing of the plunge and other odd developments suggest that CCP factional politics could be a factor influencing the recent sell-offs.

Risk Watch: Chinese Online Property ‘Unicorn’ Aiwujiwu Shuts Down
◎ The collapse of Aiwujiwu and pinganfang.com suggests that the business model of “property + financing + internet services” is failing in China.

Risk Watch: Campaign to Curb P2Ps Heightens Political Risk for the CCP
◎ The CCP’s P2P campaign will increase risks for China’s financial system.

Risk Watch: Crashing China Property Stocks in Hong Kong Forebode Bubble Crisis
◎ Mainland property developers will likely face severe financing problems in 2019.

Risk Watch: Call for PBoC to Buy A-shares Comes as Confidence in Stock Markets Fall
◎ Major shareholders in China could be thinking of or taking steps to dump newly unrestricted shares in the wake of a worsening economy and slumping market confidence.

Risk Watch: Rising Business Failure and Unemployment Heighten Political Risk in China
◎ The CCP’s claim that migrants workers are returning home to partake in “entrepreneurship” is likely an attempt to put a positive spin on rising unemployment.

Risk Watch: Declining Export Surplus Will Affect China’s Forex Earnings
◎ China’s declining export surplus has affected the country’s foreign exchange earnings.

Risk Watch: The CCP’s ‘Controlled Blow Up’ of Local Debt Could Trigger a Black Swan
◎ The CCP is carrying out a controlled “blow up” of local government debts and transferring the risks to the private sector.

Risk Watch: China’s Social Security and Taxation Changes Could Spark Wave of Business Failure and Unemployment
◎ The tax and social security reform will sharply increase the financial burden of Chinese firms.
