China’s chief banking regulator vowed last week to limit the amount of leverage in the country’s real estate sector this year and to be on the lookout for illegal lending practices as the country’s property developers continue to come under… Read More>>
China Developers Face $32.7B in 2015 Trust Payments
The 2014 real estate slowdown could rapidly transform into a 2015 property bloodbath if statistics on trust obligations owed by China’s property developers prove true, and a recent scandal surrounding commodity-backed loans is helping to further cloud the country’s credit situation.
China Shadow Bank Assets Up 46 Percent in 2013 to US$1.8T
Assets under management by China’s trust industry grew by 46 percent during 2013, as the industry — and seemingly the nations’s investors managed to shrug off the potential for default in the country’s loosely regulated shadow banking industry.
The China… Read More>>