Ignoring lack of transparency in China is asking for trouble
China could become the next subprime. This is the view of a small but growing number of investors and analysts who warn of the perils of blindly trusting in the Chinese economic miracle, even though hard information is very often wanting or unreliable.
Anyone who has worked in financial markets for any length of time is familiar with those rueful conversations and private thoughts that follow a crisis: how did I/we/you/they end up thinking it was going to be different this time round?
With China growing at 10% annually for years on ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
Further Reading
-
GlobalRMB
China market round-up: CPI rises, November credit data surprises, China sets up oil and gas giant
-
GlobalRMB
China policy round-up: Trump said to sign trade deal, China wraps up annual economic planning meeting, Macau to become contingency plan for Hong Kong
-
Asia - Leveraged/non-investment grade
China Biologic seeks financing for take-private
-
Asia - IPOs
OneConnect pockets $312m from smaller US IPO