Posts

China Is Sold on America

First, it was the Japanese. Moneymen from Tokyo blew into the United States to buy famous pieces of the American landscape, from Rockefeller Center in New York to the Pebble Beach Golf Links in California.

Buying second home no longer child’s play

Investors who do so in a relative’s name to avoid ABSD can’t hide any more

Property loan pegged to total debt profile

To promote financial prudence banks must ensure that loans stay within 60% of total debt servicing ratio

Short sharp shock

Li Keqiang has fired a shot across the bows of the mainland's financial institutions, ensuring they get the message on reining in credit expansion

Minsheng Bank tells the story of Beijing's credit worries

The funding crunch prompted by China's central bank was meant to teach a lesson to the Chinese banks that continue to embrace risky lending tactics. Link

Scalpel in hand, Chinese Premier Li stirs reform hopes

Investors getting stung by China's worst financial market rout in years should find solace in the fact that the government, in particular Premier Li Keqiang, is willing to play hardball to force through much-needed policy change. Link

Asiasons founders put in $190m, tighten control

The three primary founders of listed private equity firm Asiasons Capital have tightened their grip on the company via injection of some $190 million in additional capital.