ZH

FAST FIVE: Yuan 'Death Crosses' As Default Wave Forces Chinese Banks To Raise Capital

China corporate-bond defaults is about 22.2 billion yuan so far this year, data compiled by Bloomberg show. And as 'Investing In Chinese Stocks' blog details, the China Banking Industry Association put out a report highlighting capital adequacy risk in urban commercial and listed banks. 21st Century: “破净”、资产回表、股权管理压力齐下 银行业资本补充时间窗口不佳困境待解 Although the capital Read more…

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ZH

FAST FIVE: Socialism Won

Authored by Robert Gore via Straight Line Logic blog, If she's elected and goes to Washington, socialist Alexandria Ocasio-Cortez will feel right at home. To impose socialism on a nation, first impose it on its individuals. As long as there is unquestioning acceptance of the government's self-granted right to forcefully Read more…

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