Excellent video commentary from Charlene Chu on China: A lot of people are aware we have had a large expansion of credit in China but they are not aware of the...
Excellent video commentary from Charlene Chu on China: A lot of people are aware we have had a large expansion of credit in China but they are not aware of the magnitude. By the end of this year, China's banking system will have increased by US$14 trillian in assets which is equivalent to the entire US commercial banking sector. This means China would have replicated the entire US banking system in the last five years. You do not see credit expansions of that magnitude go smoothly over the long-term, there is always some sort of fallout. (VIEW LINK)
most popular
Equities
The ASX company with a $420 million outlook
Hans Lee,
Livewire Markets
Equities
Jun Bei Liu: Demand couldn't be higher for this biotech
Chris Conway,
Livewire Markets
Equities
The quirky trend to add to your recession ready portfolio
Sara Allen,
Livewire Markets
Equities
Is another CSL hiding on the ASX?
Sara Allen,
Livewire Markets