Bank trouble in China could in turn worsen social and economic instability in China to the detriment of Xi Jinping and the CCP.
◎ We expect China’s economic situation to worsen further in the second half of 2018.
◎ The Sino-U.S. trade war is proving to be a quagmire for the CCP propaganda apparatus.
◎ The rights and welfare of PLA veterans are often disregarded.
◎ The trucker strikes are the latest instance of mass social unrest that has broken out in China in recent months.
◎ Xi now appears to be closing in on the entertainment industry.
◎ Fan Bingbing’s alleged “yin-yang contracts” have stirred a huge uproar in China.
◎ On March 16, the CBRC issued a document soliciting views on guidelines for its governance of financial institution data.
◎ 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.