Official Data, Other Signs Hint at Bad State of China’s Economy
China’s sole engine driving growth is losing steam.
BUSINESS
Decoding China’s Proposal to Merge Banking, Insurance Regulators
◎ The Xi Jinping administration’s adoption of a CB2C model reveals three things about the overall situation in China.
Risk Watch: Another Three Hengfeng Bank Executives Probed
◎ Another three executives of Hengfeng Bank (Evergrowing Bank) were investigated for economic crimes.
Risk Watch: Former Top Banking Regulator Talks Local Debt Risks
◎ Shang Fulin said that more attention should be paid to local government debt, particularly the debt of administrations below the provincial level.
Risk Watch: Decoding China’s Banking Regulator Plans to Cut Banks’ Bad Loan Buffer
◎ On Feb. 28, the CBRC issued a notice that reduces the rules governing how much banks must set aside to cover bad loans.
Risk Watch: What Does the Detention of CEFC Chairman Ye Jianming Signal?
◎ Behind Ye Jianming’s business success is a complex and mysterious web of government, business, military, and mafia connections.
Risk Watch: HNA Receives Bank Loans, Shrinks Global Workforce
◎ We believe that the Xi Jinping administration won’t let HNA go bankrupt because it is “too big to fail.”
Is Liu He the Next China Central Bank Chief?
◎ Liu as PBoC president is a little off in considering the norms of official ranking.
Risk Watch: Chinese Regulators Take Over Anbang, Prosecute Chairman Wu Xiaohui
◎ The prosecution of Wu Xiaohui is a classic “kill chickens to scare monkeys” move by the Xi administration.
Decoding the Political and Economic Issues Behind Foxconn’s Shanghai IPO
◎ We received reliable information that Foxconn decided to build its new LCD factory in the U.S. last year after receiving an invitation from the American authorities.