A new survey shows more than two-thirds of Chinese bankers are not optimistic about China’s current macroeconomic climate. On June 29, the People’s Bank of China released its latest nationwide Banker Survey Report (pdf), showing various indices about the country’s macroeconomic climate, banking industry, loan demand, and monetary policy. The central bank report indicated that…
More Than Two-Thirds of Chinese Bankers Are Not Optimistic About China’s Economy: Survey
Comic Artist Details ‘Hijacking Broadcast’ in China; 100,000 People Meeting to Rescue Economy in China
China’s second in command talks with 100,000 people over the failing economy. Is he splitting from Xi Jinping or simply doing his part? We analyze why COVID-19 is causing a diverging opinion among top leadership inside the Communist Party. I speak with comic artist Daxiong, who escaped China after the Chinese Communist Party began a…
Chinese Economy Enters the Danger Zone
China’s economic situation looks increasingly precarious. Last year, the Chinese Communist Party (CCP) regime began a regulatory reset that has throttled the country’s economic outlook. Today amid escalating COVID-related lockdowns, depressed consumer and business sentiment, and geopolitical instability, the risk for an economic contraction is clear. Global businesses need to evaluate their China strategy and…
Capitol Report (May 9): Justices Seek Protection
Maryland and Virginia law enforcement are poised to secure the homes of Supreme Court Justices. Protests by pro-abortion groups have been growing. The White House condemned the violent attack over the weekend that was aimed at a Wisconsin-based pro-life group. But the administration is still calling for protestors to speak out peacefully. And the Senate…
China Attempts to Work Out Capitalist Problems With an Authoritarian State Control: Brian McCarthy
I’m joined by Brian McCarthy, founder and chief strategist for Macrolens. McCarthy is a regular traveler to China, and his interactions on the mainland shaped his views of the financial risks in the Chinese market. Macrolens is a provider of independent macroeconomic research dedicated to helping investors better understand the Chinese macroeconomy. Brian has testified…
Beijing Expands Real Estate Investment Trusts to Reduce Local Government Debt Risk
News Analysis Beijing has recently ordered local governments to accelerate the listing and issuance of real estate investment trusts (REITs) in the infrastructure sector, pledging to grant policy support. The Chinese Communist Party (CCP) is currently seeking to strengthen infrastructure funding channels and alleviate local debt risk, while easing pressure on the central government’s finance….
Evergrande Crisis: Another Opportunity for Beijing to Exert Control
News Analysis Chinese leader Xi Jinping vowed to rein in China’s real estate sector and keep housing affordable. He said, “Houses are for living in, not for speculation.” While affordable housing would be nice, this is one more step away from free markets, and another example of the Chinese Communist Party (CCP) tightening its control over…
Live Q&A Webinar: Will China’s Economic Crisis Impact the World?
As Chinese real estate developer Evergrande hovers on the edge of collapse, questions are swirling about whether the fallout would cripple the Chinese economy, or spill over into the West to trigger a global financial crisis. Chinese leader Xi Jinping has also initiated a wave of clampdowns targeting everything from private tutoring to e-commerce to…
If China’s Economy Collapses, the US Will Suffer Immensely
Commentary How worried should we be about China’s economy? According to China expert Daniel H. Rosen, the answer is very. Rosen, an author and academic, warns readers that the end times for the world’s second-largest economy are fast approaching. Is Rosen right? And if so, what would a collapsing China mean for the rest of…
Upcoming Live Q&A Webinar: Will China’s Economic Crisis Impact the World?
As Chinese real estate developer Evergrande hovers on the edge of collapse, questions are swirling about whether the fallout would cripple the Chinese economy, or spill over into the West to trigger a global financial crisis. Chinese leader Xi Jinping has also initiated a wave of clampdowns targeting everything from private tutoring to e-commerce to…
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