Sunday, August 14, 2022
Google search engine
HomeEconomyChina banking woes mount as growth slows and more lockdowns loom

China banking woes mount as growth slows and more lockdowns loom

“For the rest of the year, everything will be carefully managed and manicured. The 20th Congress is just too important.”

George Magnus – referring here to an upcoming November 2022 meeting of the Chinese Communist Party, where president Xi Jinping should be anointed president for an unprecedented third term in office – knows China better than most.

A former chief economist for UBS Investment Bank, Magnus is also an associate at Oxford University’s China Centre and author of ‘Red flags: Why Xi’s China is in jeopardy’.

George Magnus, UBS Investment Bank.jpg

George Magnus, UBS Investment Bank

Photo: Justin Canning

In normal conditions,…

Read more…

RELATED ARTICLES
- Advertisment -
Google search engine

Latest Posts