Lou warned that China’s economic growth and revenue will remain stagnant for next five years, with no spending cuts and fiscal situation is “extremely severe.” … ( read original story …)
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China warns ‘side effects’ of US economic stimulus risk causing sharp market correction
The “side effects” of aggressive economic stimulus policies in the United States and other developed countries have started to surface in the US stock market, China’s top financial regulator warned on … ( read original…
China’s ex-finance minister says nation’s fiscal situation ‘extremely severe’
Lou offered his sharp critique in December but the assessment has only been made public more recently, with just days to go before China’s political elites meet for their annual legislative session. ( read original…
China not ready to allow the Boeing 737 Max back in the air
Beijing isn’t ready to follow the United States in allowing Boeing’s 737 Max back into the air after a pair of fatal crashes two years ago. China was the first country to ground the 737…
China Banking Regulator Sees Risk From ‘Bubble’ in Real-Estate Prices
The chairman of the China Banking and Insurance Regulatory Commission said he was concerned that what he termed a “bubble” in Chinese real-estate prices could threaten the country’s financial sector … ( read original story…
Beijing’s financial health ‘extremely severe’
China fiscal situation is extremely severe with risks and challenges former finance minister Lou Jiwei has warned citing fallout from aggressive US stimul … ( read original story …)
China’s top banking regulator warns of asset bubbles on Wall Street and elsewhere
A side effect of coronavirus stimulus? Bubbly markets, warned China’s top banking regulator who said Beijing is trying to figure out how to mitigate … ( read original story …)
China’s fiscal situation ‘extremely severe’, says ex-finance minister Lou Jiwei
China’s fiscal situation is “extremely severe with risks and challenges”, former finance minister Lou Jiwei has warned, citing fallout from aggressive US stimulus policies, the global economic … ( read original story …)
China is sounding the alarm about a global market bubble
One of China’s most powerful financial officials is sounding the alarm over a bubble in global markets. Guo Shuqing, the Communist Party boss at the People’s Bank of China, told reporters in Beijing … (…
Remember ‘dot com’ bubble bust? China fears another burst may be coming
Wall Street banks have been fielding questions from clients about whether the runaway equity boom will be followed by a crash resembling the bursting of the dot-com bubble burst 21 years ago. And lead ……
US and European markets could be in dangerous bubbles, China’s banking regulator warns
I’m worried the bubble problem in foreign financial markets will one day pop,’ banking regulator Guo Shuqing said. ( read original story …)
China ‘worried’ about bubbles in property, financial markets
China’s financial regulators are walking a fine line of trying to curb risks at home while limiting disruptions from abroad as the economy opens wider to foreign capital. ( read original story …)
CHINA BANKING AND INSURANCE REGULATOR CHIEF GUO SAYS FOREIGN CAPITAL FLOWS INTO CHINA WILL INCREASE SIGNIFICANTLY, BUT SIZE AND SPEED STILL C
Reuters: CHINA BANKING AND INSURANCE REGULATOR CHIEF GUO SAYS FOREIGN CAPITAL FLOWS INTO CHINA WILL INCREASE SIGNIFICANTLY, BUT SIZE AND SPEED STILL CONTROLLABLE … ( read original story …)
