While the US plans of carmaker Seres failed, they still startled Elon Musk. Cooperation with Huawei is now supposed to help the brand achieve late glory. Even in Germany.
By Redaktion Table
Compared to other bond markets, China’s default rate is astonishingly low. This is largely caused by the government’s implicit promise to bail out SOEs that are in trouble, creating a typical “moral hazard” situation. Recent SOE defaults, however, show that China’s financial regulators are trying to move more strictly against this “moral hazard”. But their task is difficult: Other political goals, like employment and social stability, still often restrain financial regulators from allowing SOEs to fail.
By Redaktion Table
Because Evergrande and other Chinese real estate developers are fighting for their future, the rating agency Fitch is predicting a sharp drop in prices on China's housing market. But will Beijing really let it get that far?
By Redaktion Table
