China is playing a US$9 trillion game of chicken with investors

BEIJING/SHANGHAI — Like many individual investors in China ... authorities as they try to reduce moral hazard and improve the pricing of risk in China’s financial system: It may require a major WMP blowup to shake investors out of their complacency ... ( read original story ...)

China tells lenders to come clean on bad loan levels: sources

SHANGHAI China's banking regulator has told lenders to conduct "self-inspections" in areas such as using loopholes to circumvent rules, in order to boost supervision of the vast shadow banking sector, according to documents seen by Reuters. The move is the ... ( read original story ...)