May not be a Chinese Century : How Xi Jinping s economic mismanagement can derail Beijing s big dreams firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.
271 Chinese Banking Institutions in Default, A New Signal of China s Financial Crisis theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
Liquidity problems at two immensely large Chinese companies with real estate holdings are adding to concern that a bubble in Chinese property values could burst and spray the rest of the world with financial contagion. The two Chinese companies’ cash shortage hasn’t triggered a crisis like the one that erupted 15 years ago in the United States and that disrupted the global economy, after a wave of home foreclosures flattened the value of subprime mortgage-backed securities that Lehman and other banks held.