HARD LANDING Archive

Shanghai New Home Sales Plunge 77% Y/y to 6-Year Low

This doesn’t need to mean hard landing, but it means the state has to be that much more countercyclical to hold it all together, and they are facing what they consider a serious inflation problem. Shanghai New Home Sales Plunge 77% Y/y to 6-Year Low, Uwin Says Oct. 10 (Bloomberg) — Transactions ...Read More

China Extends Crackdown on Off-Balance-Sheet Loans

Cutbacks now will further slow things: China Extends Crackdown on Off-Balance-Sheet Loans July 4 (Reuters) — China’s bank regulator has cracked down on off-balance-sheet lending by the country’s banks, sources told Reuters on Monday, its latest step to prevent over-zealous and risky lending from hurting its financial system. China Banking Regulatory Commission ...Read More