No economic crisis in China in the near future, a possibility of a hard landing for China's economy, and non-performing assets in Chinese banks will continue to rise. These are the predictions of Ben Bernanke, Cha...No economic crisis in China in the near future, a possibility of a hard landing for China's economy, and non-performing assets in Chinese banks will continue to rise. These are the predictions of Ben Bernanke, Chairman of the U.S. Federal Reserve, as reported by Reuters on September 2. Whether his predictions are accurate or not remains to be seen. It is beneficial, however, to analyze the reasons why Bernanke made these remarks and examine the facts. Zuo Xiaolei, Chief Economist of China Galaxy Securiti...展开更多
文摘No economic crisis in China in the near future, a possibility of a hard landing for China's economy, and non-performing assets in Chinese banks will continue to rise. These are the predictions of Ben Bernanke, Chairman of the U.S. Federal Reserve, as reported by Reuters on September 2. Whether his predictions are accurate or not remains to be seen. It is beneficial, however, to analyze the reasons why Bernanke made these remarks and examine the facts. Zuo Xiaolei, Chief Economist of China Galaxy Securiti...
