Housing Market: China's Own "Too Big to Fail"
For the speculator or investor, real property in China has become virtually risk free. For a home buyer, the story is less happy. The later one enters the market, the deeper the financial waters to tread. Little wonder that people are in such an irrational (or rational!) hurry to put their money into the housing market.
How Victor Shih Get China's Debt So Wrong
He has greatly exaggerated both the size and increase of debt of local governments in the coming two years, but he has neglected other sources of government debt: other local debts, including from the education system and town and village governments; 1.15 trillion yuan in "other assets" on the balance sheet of central bank, namely sour notes issued by the four asset management companies (set up a decade ago to strip bad loans from the four state owned commercial banks); and liabilities of the social security system.
De-leverage, Re-leverage, Greek Debt Crisis, and China's House Bubble
The serious imbalance of fiscal authority between the central and local governments, and the lacking of local governments of the right to issue debt, has forced local governments into the high-leverage game and expanding real estate bubbles through excessive housing price manipulation, the so called "land management", and large-scale bank borrowing.
The Vanishing Chinese Migrant Worker
The first generation of migrant workers is returning home to care for elderly parents and for their own retirement life, while the second generation of young migrant workers is increasingly inclined to seek employment locally, where new development is now providing growing employment opportunities.
China's New Year of the Tiger Looks to Be One of Trade Conflict with the US
China's imports and exports, imports in particular, are expected to show sharp recovery growth in the first quarter. Exports and imports are expected to increase by about 16% and 32%, respectively, over the same period last year, and China's trade surplus is expected reach around $43 billion, down around 31%.
395 Reviews, 10Reviews Per page, 6/40 Jump to : Previous1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next