In China, Hidden Risk of 'Shadow Fina...

In China, Hidden Risk of 'Shadow Finance'

There are 3 comments on the Wall Street Journal story from Nov 27, 2012, titled In China, Hidden Risk of 'Shadow Finance'. In it, Wall Street Journal reports that:

Private companies in China are increasingly turning to "shadow lenders" to seek loans.

Join the discussion below, or Read more at Wall Street Journal.

Since: Nov 12

Puerto Rico

#1 Nov 27, 2012
This is what happens when government can make the price of goods drop to artificial levels, in this case coal. Thus a business is bankrupt just in time for the State to take the assets.

Port Moody, Canada

#2 Nov 27, 2012
That is a good piece.

More and more revelations about the phony CCP economy are coming out.

Many think CCP China is ALREADY IN RECESSION, but FRAUDULENT BOOKS keep the facts hidden!
CCP cooks the books

Surrey, Canada

#3 Nov 28, 2012
The SOEs that all lose money take all the bank loans (ie. are squandering the savings of millions of Chinese) while non-party entrepreneurs have to pay exorbitant interest to CCP-connected loan sharks!

Can you say "house of cards"?

Once Chinese people realize their bank deposits are gone forever down the "SOE toilet", the SOE's insolvency will be impossible to hide and the whole setup will collapse!

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