Tag: China
‘Gray rhinos’ somehow persist
More news from the New York Times Shanghai bureau on the government crackdown on the “gray rhinos”: Anbang, Fosun, HNA and Dalian Wanda… When will one of them fall?… In China, Herd of ‘Gray Rhinos’ Threatens Economy…
What does Chinese saver shift mean for market?
Bloomberg notes that the high savings rate of the Chinese public has moved into the Chinese insurance sector, which offers higher yields than state-run banks… Giant fund flows of this type inevitably create distortions in asset valuations…
China term structure signals pressure
Historically, an inverted yield curve in the United States has been the most reliable signal of a coming recession… Well, there is now an inverted yield curve in another important country: China… PIMCO portfolio manager Isaac Meng has a blog post on the topic: Is China’s Yield Curve Signaling A Further Economic Slowdown?
Market left guessing by Beijing mandarins’ ‘systemic risk’ move
Chinese regulators have targeted three high-flying stocks as a “systemic risk”… The questions is whether this is a one-off disciplining of some now out-of-favor parties, or the start of a major new regulatory trend… The New York Times has the basics in its story Shares Plunge as China Voices Concern Over ‘Systemic Risks’ written by […]
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