Wednesday 28 September 2016

China : Many Sides To One Story

A financial crisis may happen in China at any time because of the nation’s debt woes, according to Bank of America Corp., while BlackRock Inc.’s head of Chinese equities said the government has room to move and cautioned only of financial “bumps along the way.”

David Cui, Bank of America Merrill Lynch’s head of China equity strategy, and Helen Zhu of BlackRock were among speakers at the Bloomberg Markets Most Influential conference in Hong Kong on Wednesday