China's Guaranteed Bubble
The truth about China’s financial industry—and the growing bubble that’s guaranteed to blow it apart…
In recent years, the Chinese economy has been fueled by the implicit guarantee of major banks and local governments by the nation’s central government. The resultant bubble has led to the emergence of a large shadow banking industry that poses major risks to China’s real estate market, speculative ...
The truth about China’s financial industry—and the growing bubble that’s guaranteed to blow it apart…
In recent years, the Chinese economy has been fueled by the implicit guarantee of major banks and local governments by the nation’s central government. The resultant bubble has led to the emergence of a large shadow banking industry that poses major risks to China’s real estate market, speculative ...
