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… […]
Tag Archives: loans
Andy Xie, leading Chinese Economist, states in an recent CNBC Interview that non-performing loans could see double-digit growth this year, with the majority originating in the trust industry. [youtube=http://youtu.be/6vh4cFMIcgo] Dr Andy Xie 謝國忠 is Shanghai-based independent economist specialising in China and Asia. He is currently director of Rosetta Stone Advisors and of China Boqi Environmental Science […]
Are China’s non-performing loans reaching a tipping point? Dr Andy Xie shares his observations on the situation, and what the Chinese Government, as well as the investors, should do. [youtube=http://youtu.be/Si0fdOrO-q4] Dr Andy Xie 謝國忠 is Shanghai-based independent economist specialising in China and Asia. He is currently director of Rosetta Stone Advisors and of China Boqi Environmental […]