Don't panic about Chinese debt,
by Joe Zhang, Nikkei Asia Review, 17 May 2016,
China is seen as a major risk for the global economy. The country has a very high credit-to-gross domestic product ratio by international and its own historical standards, and it has mounds of bad loans.
But is China's economy headed for a train wreck? Not quite.
A rising ti......
I published this on The Economist in Sept. 2013, and feel more
strongly about it today.
Reasons to be bullish on Chinese banks, Sep 13th 2013, By JOE ZHANG,
Joe Zhang is Chairman of Guangzhou Wansui Micro Credit Company, and the author of "Inside China's Shadow Banking: The Next Subprime Crisis?".
On a Monday morning three autumns ago, I was at my brother's home in Jingmen City in Hubei Province. There were some gentle knocks at the door. I opened it to see two ......