Tag Archives: credit

Andy Xie: Why China Won’t See a Lehman-Style Credit Event

Andy Xie, renowned Chinese Economist, explains in his recent CNBC interview why an U.S.-style credit crunch will not take place in the mainland China. Watch the video here… Andy Xie Dr Xie is one of the few economists who has accurately predicted economic bubbles including the 1997 Asian Financial Crisis and the more recent subprime meltdown […]

Insights from Joe Zhang on Shadow Banking in China

China banking expert and speaker, Joe Zhang, opined that “If China is really worried about shadow banking, there is a neat solution: turn off the credit tap. Beijing must deal with shadow banking head-on rather than diverting energy to tangential matters such as regulation and deposit insurance.” Read more about it in his SCMP article… […]