Tag Archives | China local authority debts

China’s Debts: Close Your Eyes, Hope For The Best

By John Richardson

LACK of transparency is fine when any economy is booming.

Think of Indonesia pre-1998 before the fall of Soeharto. No foreign or local investor really cared that much about where the suitcases of money were going because …

Continue Reading

Resolving China’s Bad Debts

By John Richardson

IS China facing a bad debt crisis as serious, or perhaps even worse, than sub-prime in the US and sovereign debt in Europe?

Despite all the bland reassurances the blog keeps hearing from chemical industry executives about the …

Continue Reading