New loans and bad debt both surge in China
Today, Chinese traders and investors decided to put their money on “now.” The Shanghai Composite Index rallied 3.3% on data showing that China’s banks made a record amount of loans in January.
China stocks and bank bad loans soar
The move to a new high in Shanghai has been based on a belief that the People’s Bank has more stimulus moves in mind. China’s central bank has already cut interest rates twice since November
Could the People’s Bank be winning the battle on shadow-banking in China? May’s numbers say, “Yes”
Could the People’s Bank actually achieve that delicate policy balance of adding more liquidity to the economy in order to rev up economic growth while bringing the country’s unregulated shadow banking sector to heel?
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...More evidence of tightening in China’s falling yuan
It sure looks like the People’s Bank is tightening again. China’s yuan was down 0.4% against the dollar at one point yesterday. That brought the currency’s decline to almost 1% in a week. That’s a big move for the very tightly managed yuan. China’s currency doesn’t move up or down unless the country’s central bank decides to let it move.
People’s Bank of China signals it hasn’t given up the fight to restrain growth in the money supply
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...China lending growth outweighs Japan growth disappointment; commodities rally
Disappointment over weaker than expected GDP growth in Japan for the fourth quarter was overshadowed by faster than expected lending growth in China.
Bad loans at China’s banks climb for ninth straight quarter
Yes, Chinese stocks were up again last night with the Shanghai Composite Index adding a gain of 0.8% to finish the week up 3.5%. That’s the biggest weekly advance in five months. But bad loans at Chinese banks rose for a ninth straight quarter to the highest level since the 2008 financial crisis
China’s big banks show surge in writing off bad loans in first half of 2013–good thing or a sign of problems to come?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...How might China bury bad bank debt this time? Take a look at China Cinda
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...3 scenarios that could turn minor bad news into major damage to your portfolio
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Moody’s thinks China missed $500 billion in bad loans; Singapore sells $3.6 billion in China bank stock–time for a little creative accounting again?
Yesterday, July 5, Moody’s warned that the recently completed government audit of loans by local government financing platforms might have missed a few loans. And that up to 75% of those uncounted $500 billion in loans might go bad.
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