600 Million Chinese internet users use their mobile phone to pay, and increasingly they use not the traditional banks and credit cards, but newcomers in the industry. Innovation expert William Bao Bean discusses what will happen to the traditional banks when mobile payments advance also outside China.Read More →
China is trying to boost the economy by opening its credit lines again, but that credit mainly serves the state-owned companies, while the private sector is suffering, explains financial analyst Victor Shih in Bloomberg.Read More →
China´s debts level has reached record heights, but the state will continue to guarantee sovereign debts, writes financial analyst Sara Hsu. And that support is also extended to state-owned companies like Cosco and ChemChina, despite downward pressures from the rating agencies, she argues in the Diplomat.Read More →
While the Chinese stock markets did not plunge after trade resumed after the Chinese New Year, business analyst Shaun Rein expects the markets to remain volatile for the next 3 to 4 months, he tells Money Control.Read More →
China has faced a record outflow of capital since the end of 2015. Efforts to stop that outflow, maybe needed, delay severely the planned liberalization of the financial markets, writes financial analyst Sara Hsu in the Diplomat. “The rate of change is dissatisfying to those calling for reform.”Read More →
Twice last week China´s stock markets were forced to stop trading, sending panic signals across the globe. That drove even economist Arthur Kroeber to despair, writes the Washington Post. China´s financial authorities did not learn their lessons from last year´s disaster, he writes.Read More →
China has been throwing much foreign reserve to maintain the value of its currency, the yuan. Financial analyst Victor Shih says in Bloomberg that while there is no acute problem, not all is well after hundreds of billions have evaporated.Read More →
Financial analyst Sara Hsu looks ahead in the Diplomat at 2016 and what the announced economic shift might mean for the country and the world. An overview of the current state of financial reforms in China.Read More →
The anti-corruption campaign has hit China´s financial industry midships, and is now in the process of derailing the announced reforms, warns financial analyst Sara Hsu in the Diplomat, despite China´s inclusion into the IMF currency basket and the lifting of the deposit interest rate ceiling.Read More →
China´s financial authorities are reviving so-called asset-backed securities (ABS) in a moderate pace. But ABS-expert Ann Rutledge warns in the China Economic Review against the dangers of this financial tool in the murky China financial markets.Read More →
Ann Rutledge, an acknowledged expert on dynamic structured credit modeling tools, has joined the China Speakers Bureau.Read More →
For some time shadow banking emerged in China as a potentially dangerous tumor on its financial system, but seemed to have faded away when the real estate crisis hit the country. Financial analyst Sara Hsu has a thorough look at the current state of the industry in the Diplomat. Is shadow banking dead?Read More →