Category Archives: 2017

Geldzug: CHINA CRACKS DOWN ON OVERSEAS INVESTMENTS

1 Sep 17, Since 2008 the Chinese government has had an official policy called chuqu, or “going out”, which encourages Chinese companies to expand overseas by means of building new assets and acquiring existing assets. The strategy of building new assets has been mostly successful, with some exceptions: CITIC’s Sino Iron project at Cape Preston,…
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Geldzug: THE CHINESE GOVERNMENT PLAYS SPOILSPORT

24 Aug, 17 Chinese banks and other lenders have enjoyed years of double-digit credit growth, but in March 2017 the authorities stopped the party, turned the lights on, and took away the alcohol. Abrupt changes in the leadership of the three main regulators (of banks, brokers and insurers) were followed by equally abrupt changes in regulatory…
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