China 's leaders are seeking to deleverage the economy without a hard landing . Six fault lines will be closely watched next year to gauge their success. Risks to a soft-landing scenario include a credit crunch sparked by a shadow bank default or ... Bloomberg, 3 days ago
Nov. 26 (Bloomberg) -- After subsidizing banks and industry for decades, China's savers awoke Saturday to a surprise. On the central government's website a graphic explained that an interest-rate cut taking effect that day would protect returns on ...La Repubblica, 3 weeks ago Chinese Central Bank Now Favors Savers Over Banks BusinessWeek, 3 weeks ago China Savers Prioritized Over Banks by PBOC as Repression Eases GARP, 3 weeks ago
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Wages at Chen Fengying's sock factory on China 's east coast have soared almost sixfold in seven years. The 20 percent increase she expects in 2015 may doom her seven-year-old company as profit and revenue fall. "If things go on like this, we'll ...Yahoo! Finance, 1 month ago China Wages Policy Backfiring as Cost Jump Means Sock-City Blues Bloomberg, 1 month ago China Wages Policy Backfires as Costs Prompt Sock-City Blues Washington Post, 1 month ago
The yuan's best rally since 2011 is testing China 's resolve to take a less controlling approach to its exchange rate. The yuan is the only major currency to strengthen versus the dollar since mid-year, making exports (CNFREXPY) less competitive ...Bloomberg, 1 month ago
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