When it comes to properly assessing China’s stock market, are financial experts bad or just blind? Here’s what they’ve been saying:
Buck the Trend, Buy Chinese Stocks – Forbes, Jim Oberweis, 7/9/13
Huge Reforms in China Could Lead to Big Upside for Top Chinese Stocks –
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Depending on whom you believe, China is either on the verge of economic utopia or a major economic shock. And the data is leaning toward the latter.
Non-performing loans made by Chinese banks soared to $97.5 billion in the final three months of last year, according to the China Banking Regulatory Commission.
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To China, shadow banking has been both a blessing and a curse.
It’s been a blessing, because it’s created an immediate steroids like impact on China’s economy of falsified strength and growth.
It’s been a curse, because the art of gaming economic growth through credit expansion never has a pretty Hollywood ending.
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