Orient Capital's Collier on China Shadow Banking

The transcript discusses the potential banking crisis in China, focusing on the interplay between shadow banks and traditional banks. It compares the situation to the US financial crisis, highlighting differences in financial systems. The possibility of a Lehman-like event in China is explored, with emphasis on the role of the PBOC and government policies. The shadow banking sector's risks and lack of transparency are examined, along with potential international contagion effects if China's economy slows down.

What are the potential consequences for the shadow banks if the property sector continues to deteriorate?

How does the current situation in China differ from the financial crisis in the United States?

What are the risks associated with local government financing vehicles in the context of shadow banking?

What role does the PBOC play in the current economic situation, and what are their intentions regarding intervention?

Discuss the implications of the 'haircut' that savers might face in the current banking environment.

What similarities exist between the shadow banking crisis in the United States and the current situation in China?

In what ways might the global economy be affected if China's economy enters a period of negative growth?