Home>China’s Hidden Risks: Shadow Banking and US Delisting
China’s Hidden Risks: Shadow Banking and US Delisting
Perspectives Content Submission
Thu, 31 Jan 2013
Key points A large number of US-listed Chinese companies could be delisted due to a dispute between the United States and China over audit standards. Banks, a large portion of the Chinese stock market, are not immune to risks from the shadow banking sector—which has surged as China’s growth has sta…
The GMO chief strategist highlights the factors behind the market's bullish bias, abnormally high corporate earnings, current valuation levels, a slowdown in productivity, and the great paradigm shift in natural resources.