China’s Banking Trouble Points to Financial Contagion, Declining Economy
Bank trouble in China could in turn worsen social and economic instability in China to the detriment of Xi Jinping and the CCP.
Social Watch: CCP Faces Severe Backlash from Self-inflicted Vaccine Scandal
◎ We expect China’s economic situation to worsen further in the second half of 2018.
Social Watch: In China, the CCP is Losing Control Over the Trade War Narrative
◎ The Sino-U.S. trade war is proving to be a quagmire for the CCP propaganda apparatus.
Social Watch: Army Veterans’ Protest Reflects China’s Financial Woes
◎ The rights and welfare of PLA veterans are often disregarded.
Society Watch: Truck Drivers Go on Strike as Social Tensions Mount in China
◎ The trucker strikes are the latest instance of mass social unrest that has broken out in China in recent months.
Risk Watch: Tax Probe of China’s Entertainment Industry Could See Shakeup of Film Stars
◎ Xi now appears to be closing in on the entertainment industry.
Society Watch: Fan Bingbing Tax Evasion Probe and China’s Political Situation
◎ Fan Bingbing’s alleged “yin-yang contracts” have stirred a huge uproar in China.
Risk Watch: China’s Banking Regulator Plans to Supervise Financial Data
◎ On March 16, the CBRC issued a document soliciting views on guidelines for its governance of financial institution data.
Focus Watch: Decoding Mainland Chinese Media’s Unusual Reporting on Military Veteran Murder Case
◎ Social anger towards the authorities has resulted in fatalities.
Risk Watch: China’s Social Security Ministry in Deficit, Has Less than a Year of Pension Funds in 13 Regions
◎ The HRSS pension fund deficit is a ticking time bomb for the Chinese authorities.