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BBCNEWS Asia July 2, 2024 - Vimarsana News

BBCNEWS Asia July 2, 2024

of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. howeverthe decline can be slowed a little bit. however the biggest issue is debt. overall the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the centre of government is very reluctant to step in and probably can't have enough cash. step in and pro...

BBCNEWS Asia July 2, 2024 - Vimarsana News

BBCNEWS Asia July 2, 2024

the firm has a sizeable exposure to china's real estate industry that has been rocked by serious financial problems like evergrande and country garden. having a look at how this impacts the chinese economy i have been speaking to andrew collier, an expert on shadow banks. the bigger threat is not so much a meltdown like the united states had in 2009. that occurred because there was lots of liquid products sold in wall street, and when the property market went down, those products very quickly had to be revalued. went down, those products very china, most of its debt is held in these ...

BBCNEWS Asia July 2, 2024 - Vimarsana News

BBCNEWS Asia July 2, 2024

and when the property market went down, those products very quickly had to be revalued. china, most of its debt is held in these shadow banks and in some of the bricks and mortar banks so the rate of decline can be slowed a little bit. however, the bigger issue is debt. overall, the debt in the property sector is huge. as much as 30% of bank assets, and that will take a long time to unwind, and the central of government is very reluctant to step in and probably can't have enough cash. under the circumstances, what needs to be done? the government has to make decisions on allocating d...

BBCNEWS Business July 2, 2024 - Vimarsana News

BBCNEWS Business July 2, 2024

large chipmakers, including intel and amd. with the ai chip race heating up, companies are racing to catch up with nvidia, which is the leading manufacturer of the advanced technology. that's according to industry expert bob o'donnell. this is the most exciting computex show in a very long time. it's the first time i've been back in almost 15 years, because i feel it's such a big deal. and forjensen, he's the rock star — he's literally on a stadium tour, all his last speeches have been in stadiums like a rock star. there was a lot of excitement there, and he's got the big vision st...

BBCNEWS Business July 2, 2024 - Vimarsana News

BBCNEWS Business July 2, 2024

applications. —— that are also ai. mr huang informally kicked off the computex technology expo in taiwan, on sunday. the event is also being attended by bosses from other large chip—makers, including intel and amd. with the ai chip race heating up, companies are racing to catch up with nvidia, which is the leading manufacturer of the advanced technology. that's according to industry expert bob o'donnell. this is the most exciting computex show in a very long time, is the first time i been backin time, is the first time i been back in almost 15 years because i feel at such a big...