Chinese Leaders Proclaim End To Government Bond Risk Backstop, Look To Detroit For Guidence

Xu Zhong, head of the People’s Bank of China’s research bureau, is in an unusual position. In a nation known for government intervention in free market forces, he recognizes the slippery slope of the moral hazard of the government bailing out risky lending practices. Looking at how local Chinese governments have become over-leveraged, he says the… Please follow and like us:

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Analysis: Analysts pan Boeing strategy in pushing for tariffs on Canada’s smaller jet

SEATTLE — Leading aerospace analysts are being highly critical of Boeing’s push to impose steep tariffs on U.S. sales of Bombardier’s small CSeries passenger jet, saying the case will damage the long-term interests of both Boeing and the U.S. aerospace industry. “The free market and free competition are good for us,” said Adam Pilarski, a senior… Please follow and like us:

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How China Aims to Take Down Boeing

If only China’s successful test flight last Friday of its first made-in-China large-scale airliner could be dismissed as poetic justice for Boeing. For decades, the American aviation giant has led the corporate full-court lobbying press to expand U.S. trade indiscriminately with the People’s Republic. The takeoff of the C919 narrow-body jet into the Shanghai skies now… Please follow and like us:

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