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China: China has set a goal for itself, and that is to become a financial powerhouse

According to experts, at the governments recent twice-a-decade Central Financial Work Conference, led by President Xi Jinping, the conversations revolved around “strengthened regulation, risk prevention and growth promotion under the Communist Partys leadership over the financial sector”.

Shady fund managers: China wants to defend desperate borrowers from shady fund managers amid spiralling debt

China has stepped up efforts to tackle the debts amassed by local government financing vehicles (LGFV), which by some estimates have ballooned to 50% of the nations GDP. Beijing fears these LGFVs, which have been crucial in funnelling investment into infrastructure projects, have dipped too far into this perilous segment of the bond market and may default.

Boom to bust: After a rise in consumer lending, China is now grappling with mounting NPPLs

The Chinese banking regulator has expanded a pilot program to allow major banks to package up their non-performing personal loans (NPPLs), which comprise consumer loans, credit card debt, and business loans, but exclude mortgages, and sell them on to other financial institutions.

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