Rising Occupancy In China's Fake Manhattan Is "Mostly Government Driven"
China's copy of Manhattan is no longer a ghost town, Bloomberg reports. But that doesn't mean it has forever forestalled a "day of reckoning" for its debt-fueled growth.
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If Wannacry cyber attack didn’t make you wannacry, the next one will!
The following article by David Haggith was published first on The Great Recession Blog:
Chinese Insurer Warns Of "Mass Defaults, Social Unrest" Due To "Mass Redemption" Run
One month ago, China came "this close" to the one event which terrifies Beijing more than anything: a run on China's shadow banks.
Trumpquake: Futures Wipe Out Month's Gains In One Session, VIX Spikes
A risk-off mood dominated the overnight session amid growing concern over the turmoil engulfing the Trump administration, as fresh allegations add to deepening political scandals in Washington, the latest coming from Tuesday's NYT report citing former FBI director Comey’s memo which raises possibility of obstruction of justice, an impeachable offense. The dollar, already in retreat after a report that the U.S.
China Capitulates: Injects $25 Billion Into Liquidity-Starved Banks To "Appease Investors"
Is China's push to deleverage its financial system over?