Insights from the Chinese Courts on Bad Debts
Problems with financial institution and private lending can be seen from some reports from bad debt litigation in the Chinese courts. Â Although the...
254 Views
China Life's Third Quarter Saw Pickup in Premium Growth
China Life’s third-quarter results included a 60% drop in net profit against the year-ago period, while its revenue increased 7.7%. The net profit...
247 Views
RMB Approaching 6.8
The RMB has depreciated further and appears likely to flirt with the 6.8 level as the CNH already stands at 6.79. Though Chinese regulatory and...
245 Views
Structural Drivers of RMB Depreciation
As the People’s Bank of China continues to allow the RMB to depreciate, it bears revisiting what specifically is driving this process and the...
284 Views
China's Debt-To-Equity Swap Speeded Up; Not a Positive Sign for Banks Despite Relatively Small Scale
Following the release of the long-awaited guidelines on banks’ debt-to-equity swaps, or DES, by the State Council, several DES plans were announced...
218 Views