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It s legalised robbery : anger grows at China s struggling shadow banks | Chinese economy

Investors in one of the country’s ailing financial trusts have realised that the state may no longer always protect them

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China Budget Revision Would Mark Sea Change in Fiscal Strategy

(Bloomberg) A rare mid-year revision to China’s budget to juice the recovery with more stimulus would signal that top leaders are moving away from a growth model that is piling ever more debt on local governments.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowChina Mulls N

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China budget revision would mark sea change in fiscal strategy

A rare mid-year revision to China’s national budget to juice the economic recovery with more stimulus would signal top leaders are moving away from a growth model that has piled ever more debt on local governments.

Hong kongNeo wangRedmond wongYu xiangrongLisheng wangCitigroup incHang seng china enterprises indexPaulson instituteGoldman sachs group incStanding committee of the national people congressPresident xi jinpingDinny mcmahonSaxo capital marketsStanding committeeNational peopleCommunist party controlled

China s Real Estate Crisis Has No Easy Fix—Just Ask Chinese Soccer Fans

China’s soccer ambitions were built on the same real-estate bubble that 30% of the national GDP and four-fifths of household wealth are invested in.

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Chinese Police Pay Cordial Visits To Homes Of Angry Zhongrong Investors Urging Them Not To Protest – Infinite Unknown

Chinese Police Pay Cordial Visits To Homes Of Angry Zhongrong Investors Urging Them Not To Protest – Infinite Unknown
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