Wednesday, September 21, 2016

China's Debt_ The Unseen Revolution in Chinese Finances

STRATFOR

The Unseen Revolution in Chinese Finances

Analysis
   -  September 21, 2016 | 09:00 GMT




Rising Chinese homeowner loans could pose a new and dangerous risk that Beijing will no doubt struggle to manage effectively. (FRED DUFOUR/AFP/Getty Images)


Summary

New data from China's National Bureau of Statistics suggest that sweeping changes may be taking place in the country's financial system, though largely away from the public eye. On Sept. 14, the bureau reported that Chinese banks and financial institutions lent nearly 950 billion yuan ($142 billion) in August — more than double July's amount. During the same month, formal and informal lending activities collectively totaled 1.47 trillion yuan, nearly triple that seen in July. Investment, however, has failed to keep pace with the boom in lending, especially in real estate construction, which has long been an important driver of economic growth in China.

In many ways the agency's figures appear to be unremarkable. Upon closer inspection, though, they point to an impending transformation in the Chinese economy that could come with as many risks as it does rewards.

Analysis

READ MORE: https://www.stratfor.com/analysis/unseen-revolution-chinese-finances


***


Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog".
Xin được lắng nghe ý kiến chia sẻ của Quý Anh Chị 
trực tiếp tại Diễn Đàn Paltalk
: 
1Latdo Tapdoan Vietgian CSVN Phanquoc Bannuoc . 
Kính chúc Sức Khỏe Quý Anh Chị . 


conbenho
Tiểu Muội quantu
Nguyễn Hoài Trang
21092016

___________

Cộng sản Việt Nam là TỘI ÁC
Bao che, dung dưỡng TỘI ÁC là ĐỒNG LÕA với TỘI ÁC

No comments: