Charlene Chu, head of China financial institutions for Fitch Ratings, talks about the nation’s banking industry and the alarming credit bubble which appears to be bursting. Total lending from banks and other financial institutions in China was 198 percent of gross domestic product last year, compared with 125 percent four years earlier, according to calculations by Chu. She speaks in Hong Kong with Zeb Eckert on Bloomberg Television’s “First Up. Albert Edwards of SocGen labelled her a hero.
Charlene Chu on China
Qualivian Investment Partners Up 30% YTD; Long ORLY Thesis
Qualivian Investment Partners commentary for the second quarter ended July 30, 2020. Q2 2020 hedge fund letters, conferences and more “Short-term investors will accept a 20% gain because they didn’t spend the time to develop the conviction and foresight to see the next 500%.” - Ian Cassell Executive Summary Readers of investment letters fall into Read More