金融體系

Lex_China risks
Lex專欄:中國金融體系仍暗藏風險


中國經濟似乎在新年開局良好。然而,美好的表象下隱藏著風險,影子融資的成長就頗能說明問題。

China has begun the year with a spring in its step. Its incoming leadership, headed by Xi Jinping, exudes an air of bold reform. Industry has expanded for three straight months. Economic output seems to be rebounding – it is expected to recover to 8 per cent for the fourth quarter. The result: the Shanghai Composite has gained one-sixth since the start of December.

中國似乎在新年開局良好。以習近平爲首的新領導層發出大膽改革的信號。工業活動連續3個月擴張。經濟產出似乎正在反彈,預計第四季度將再度達到8%的成長率。其結果是,上證綜指(Shanghai Composite)自12月初以來上升六分之一。

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