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Apr 30, 2015
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Banks are designated drivers at China market party

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

If China’s stocks are partying at the punch bowl, then its banks are nervously jangling the car keys in the kitchen. Share prices of the big lenders have lagged the wider market during its recent run-up. Based on their performance in the first three months of 2015, investors’ sober view is the right one.

Apr 28, 2015
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China SOE fusion could topple cult of competition

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

A mooted plan to crunch together China’s biggest state-owned companies looks bad for efficiency. But when genuine competition isn’t on offer, a demanding shareholder and superior regulators might be the next best thing.

Apr 27, 2015
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China frothy markets churn up funding opportunity

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s debts worry the world, so a recent rush towards more equity-raising by Chinese companies sounds like a good thing. If investors were more discerning, it would be.

Apr 27, 2015
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China frothy markets churn up funding opportunity

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s debts worry the world, so a recent rush towards more equity-raising by Chinese companies sounds like a good thing. If investors were more discerning, it would be.

Apr 20, 2015
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Sliding prices vindicate China’s growth worries

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s slowing economy is perilously close to being too slow. What is happening to prices across the economy vindicates authorities’ fears that the annual growth target of 7 percent, notionally what’s needed to keep job creation ticking over, is at risk.

Apr 20, 2015
via Breakingviews

Sliding prices vindicate China’s growth worries

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s slowing economy is perilously close to being too slow. What is happening to prices across the economy vindicates authorities’ fears that the annual growth target of 7 percent, notionally what’s needed to keep job creation ticking over, is at risk.

Apr 9, 2015
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Hong Kong stock boomlet tests China’s capital dam

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Hong Kong Exchanges and Clearing Chief Executive Charles Li speaks in front of the logo of HKEx in Hong Kong. REUTERS/Bobby Yip

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Mar 31, 2015
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China housing rescue uses right tool for wrong job

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 The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Chinese homebuyers can now get bigger mortgages more easily. The question is why they would want to. It is going to require a change to expectations, not just to the availability of debt, to arrest the housing slump that threatens the country’s economy growth.

Mar 25, 2015
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Good news: China’s bad debts are on the rise

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A bank clerk counts Chinese yuan banknotes at a branch of Industrial and Commercial Bank of China in Huaibei, Anhui province, June 8, 2012. REUTERS/Stringer

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

Mar 19, 2015
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China’s capital flight lands on New York doorsteps

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Lower Manhattan is seen just after sunrise from the observation deck of the Empire State Building in New York April 16, 2014. REUTERS/Brendan McDermid

(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.)