Ponzi in Peking

Epstein, Gady
January 2010
Forbes Asia;Jan2010, Vol. 6 Issue 1, p54
The article offers information on the economic development of China. Growth in several industries in the country is visible considering the capital raised from the purchase of land, the financial support of the government to firms and the liquidity provided by the People's Bank of China. It is stated that real estate developers have benefited from the low interest rates and the inflation. Several towers and luxury malls which are available for rent are also constructed.


Related Articles

  • Strategist: There's Still One Big Market Disequilibrium That Hasn't Been Resolved. Kawa, Luke // Financial-planning.com;8/26/2015, p3 

    The article reports on the announcement of the central bank People's Bank of China to lower the reserve requirement ratio and cut two of its policy rates in response to the deterioration in domestic liquidity conditions and slumping stock market in China in 2015.

  • Bull in the China shop. ASHTON, MARC // Finweek;2/27/2014, p34 

    The article reports on the statement from American financial strategist Michael Yu claiming in February 2014 that China expects a 15% to 20% market growth in the coming weeks once stabilization occurs due to seasonality and structural reforms. It notes the withdrawal of $7.9 billion in liquidity...

  • China.  // BOFIT Weekly;2/21/2014, Issue 8, p2 

    The article provides information on the economic trends and policy in China as of February 21, 2014. The People's Bank of China drains liquidity to slow credit growth, selling a total of $18 billion in 14-day forward repurchase contracts (repos)to absorb excess yuan liquidity in the financial...

  • China cuts interest rates as economy slows. Romeo, Valentina // Money Marketing (Online Edition);10/23/2015, p2 

    The article reports that the People's Bank of China has lowered interest rates again in an effort to bolster economic growth.

  • China's 2011 Dilemma : High Growth Trajectory and Inflationary Spiral. Pandey, Sheo Nandan; Kusum, Hem // USI Journal;Jan-Mar2011, Vol. 141 Issue 583, p69 

    The article discusses China's quest to sport a "goldilocks scenario" featuring relatively strong growth and modest inflation. The intended correctives involves a change in policy where China is expected to put a cap on deficit financing and force a curb on bank lending. It notes how the People's...

  • China: Options Running Out For Monetary Authorities.  // Emerging Markets Monitor;11/26/2007, Vol. 13 Issue 32, p5 

    The article reports on the economic performance of China. It is expected that the People's Bank of China (PBoC) will increase its benchmark interest rates by 27 bps in light with high inflation. Additional increase in reserve requirements is also expected aimed at addressing the problem of...

  • China. Lainela, Seija // BOFIT Weekly;6/28/2013, Issue 26, p2 

    This section offers news briefs on Chinese economy as of June 28, 2013. The jittery Chinese financial market was disconcerted with the rise in overnight lending rates by more than 13% on June 20, 2013 due to the People's Bank of China refraining from providing liquidity to banks. A report of the...

  • Renminbi: embracing the new norm. SUN, LEWIS // Treasurer;Apr2015, p30 

    The article discusses the impact of the internationalisation and liberalisation of the Chinese currency renminbi on corporate treasurers. Topics include Chinese government's approach to regulatory reform, the People's Bank of China (PBOC), and use of cross-border sweeping policy in cash...

  • Economic Policy: Monetary Policy - Recent Developments.  // China Country Monitor;Feb2012, p13 

    The article reports developments related to the monetary policy in China. It notes the 13.6 percent growth of monetary supply in the country as of December 2011, and bank credit has also increased in a moderate pace. It notes the revelation of the People's Bank of China (PBoC) regarding the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics