China Risks Real Hard Landing This Time

Instead, Beijing has overdone its own crackdown on nonbank “shadow finance”—without opening alternative channels for private-sector borrowers, who often struggle to obtain bank credit. As a result, Ch... ( read original story ...)

China Telecom narrows subs gap to Unicom

China Telecom, the third largest mobile player in the mainland, edged closer to number two China Unicom after adding 53 million new subscribers in 2018. With 303 million total subs, China Telecom ende... ( read original story ...)