Chinese banks have stepped up the pace of credit extensions since the beginning of the year as the banking sector further strengthened efforts to bolster the real economy, experts said.
Australian shares are set to drop after nearly a decade of Coalition rule ended and Wall Street fell for a seventh straight week, flirting with a bear market.
Thesis is one of secular change - extraordinary multi-decade Bubble period transitioning (in a highly destabilizing manner) to most uncertain New Cycle. Historical perspective is crucial.
China s largest wireless carrier by revenue, China Mobile Communications Group Co., Ltd has received the green light from Beijing regulators for what is shaping up to be the largest IPO in Shanghai in more than a decade.