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Chinese companies can stand a lot more sunlight
News, Christopher Balding, Published on 04/07/2017
» For all their national pride and natural boosterism, Chinese officials don't seem to think much of their own companies. Regulators have sought to limit everything from high-speed trading to short-selling, arguing Chinese firms can't yet handle the vagaries of modern financial markets. They're particularly leery of greater transparency, for fear of what might be exposed. Only last week, the China Banking Regulatory Commission (CBRC) was accused of secretly tipping off key banks to dump bonds of companies that were under investigation.
How China made itself prone to bubbles
News, Christopher Balding, Published on 10/05/2016
» Chinese markets have rarely looked more like Vegas casinos. In recent weeks, investors have driven up trading volumes in China to astronomical levels, betting on everything from rebar to eggs. China traded enough steel in one day last month to build 178,082 Eiffel Towers and enough cotton to make at least one pair of jeans for every person on the planet.