Bank of Singapore joins the chorus of analysts warning that China’s private sector credit-to-GDP ratio is now over 200%.
Tag: China
SLI: China risks overplayed
Chinese authorities face tough choices, but a full blown financial crisis is unlikely, said Alex Wolf, emerging markets economist for Standard Life Investments.
China has a credit problem and it knows it
Anybody who says that China doesn’t have a credit problem is lying because when that much credit is pumped into the system there is no way that every single loan is a sound investment, according to Schroders’ head of Asian equities Singapore, Lee King Fuei.
Schroders joins voices warning on China’s currency
The firm said it is “increasingly clear” it is likely the RMB will fall, bad debts will rise and A-shares markets will drop.
Head of China’s CSRC removed
Xiao Gang, head of the China Securities Regulatory Commission, has been replaced after overseeing a period of wild swings in China’s domestic markets.
Second property-backed Chinese asset manager defaults
Xin Qi, a Chinese asset management firm backed by property projects, has defaulted on CNY1.9bn (£203m, $291m, €261m) worth of investments, affecting thousands of retail investors across mainland China.
BEA: China’s HNWI client base increasing in Hong Kong
Personal wealth is flowing out of China as domestic investors grow increasingly concerned over the markets and economic growth, according to Bank of East Asia.
India’s rise highlights China’s challenges
India this week reported 7.3% GDP growth for Q3, overtaking China, which had 6.8% growth during the same period.
EM worry clouds 2016: Principal Global
A “third wave” in the global financial crisis could come from emerging markets, said Bob Baur, chief global economist for Principal Global Investors.
Survey: Advisers shun China short term
A quarter of advisers say they do not plan to allocate any investments to China over the next six months, according to research from UK-based Cofunds.
