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wood: The risk of a 'Lehman moment' in China rising, says Jefferies' Chris Wood

The risk of a real Lehman moment occurring in China is increasing due to a growing shadow banking crisis in the country, warned Chris Wood, Jefferies global strategist. Chinese asset manager Zhongzhi s failure to make interest payments is likely just the beginning, Wood said in a newsletter. Another significant concern is that Chinese equities remain a value trap. Furthermore, the anti-corruption campaigns initiated by President Xi Jinping have dampened entrepreneurial spirits, along with last year s Covid-19 lockdowns. ....

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chinas: Chinese pork deflates animal spirits in the dragon's economy. And that could be good for once.

Pork is the biggest driver of Chinas Consumer Price Index, with a weight of nearly 3% in the CPI basket. An oversupply of pork has led to a price crash. As a result, both wholesale and retail prices in China are in deflation territory now. But how is this good for the world? ....

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Germany, Spain in contest for $4.8 billion Indian submarine deal

India Business News: Indian officials are currently evaluating competing bids to build six of the vessels in the country, senior Indian officials aware of the developments ....

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WATCH | Singer MOE hits the right notes on Chinese singing competition

Newcomer and award-winning musician Motswedi "MOE" Modiba is flying the South African flag high on the Chinese singing competition 'SING! CHINA'. ....

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WATCH | Singer MOE hits the right notes on Chinese singing competition

Newcomer and award-winning musician Motswedi "MOE" Modiba is flying the South African flag high on the Chinese singing competition 'SING! CHINA'. ....

South Africa , North West , United States , South African , Best New Age Rb Artist , Motswedi Moe 39 Modiba , Singing Competition , Singer Moe , Black African , Best New Age , Metro Fm , Me Ever After , Reaking News , Sunday Times , He Times , Usiness Times , Shisa Live ,