Tags » People's Bank Of China

China is in Trouble, by Ronald-Peter Stöferle and Mark J. Valek

Like most of the rest of the world, China has a problem with debt. From Ronald-Peter Stöferle and Mark J. Valek at mises.org:

Before we discuss the economic situation of China, a few words about China’s strongman, Xi Jinping. 375 more words

Government

Is It Time To Start Worrying About China's Debt Default Avalanche? by Tyler Durden

The short answer is yes. From Tyler Durden at zerohedge.com:

With Bank of America reporting that US corporate leverage just hit a fresh all time high… 328 more words

Government

China launches campaign to promote social credit system to youth

China kickstarted Light Up China with Trust (our translation of 诚信点亮中国) campaign tour in Beijing on Thursday, May 10, according to a Xinhua. The campaign aims to educate and raise awareness about the social credit system among the youth. 33 more words

China

The Dollar-Plagued World Now Has Another Currency to Worry About

Chinese yuan: While investors have been focused on a strengthening U.S. dollar and rising Treasury yields, a weaker Chinese yuan also threatens to heap pressure on emerging market assets that have already  310 more words

The Global Debt Addiction: China’s Out of Control Debt, by Alex Deluce

China’s financial system is not transparent, but it’s not a stretch to say its debt problems may be more severe than the US’s. From Alex Deluce at goldtelegraph.com: 283 more words

Government

Global monetary transformation with Chinese characteristics?

Written by Sarah Hall.

The recent and rapid internationalisation of China’s currency, the renminbi (RMB) has been identified in policy, practitioner and academic circles as one of the most significant developments within the contemporary international financial system. 1,174 more words

China

IMF prospects Asia as top global growth engine

Yi Gang (R), Governor of People’s Bank of China (PBC), talks with International Monetary Fund (IMF) managing director Christine Lagarde at the Joint People’s Bank of China-International Monetary Fund High-Level Conference in Beijing on April 12, 2018. 507 more words

Business