Category: China

Trump’s siege of China hits Hong Kong

NIKKEI ASIAN REVIEW OPINION Hang Seng`s plunge highlights need for urgent economic and social reform William Pesek September 12, 2018 This week’s 10th anniversary of the Lehman shock feels especially raw in Hong Kong, where markets are taking hits from every direction. The Hang Seng Index is down more than 20% from a January high

China’s bill for debt binge coming due

NIKKEI ASIAN REVIEW Yuan flashes warning signs amid slowing economy and widening trade war William Pesek August 03, 2018 The 2008 “Lehman shock” is finally catching up with China. Beijing beat the odds for a decade, with the Chinese economy growing at above 6.5% year after year. It managed that feat with an epic explosion