Soros likens China trusts to subprime

Analysts fear that defaults in the shadow banking space could push into public bond markets. Will Beijing be able to implement reform?

Myanmar's stock market is on the cusp of opening the door to foreign investors. They could be forgiven for not rushing in.

Over-investment and a failure to write off bad debts will create progressively less economic activity.

On the 5th anniversary of the Lehman Brothers bankruptcy, Chinese economists tell FinanceAsia that, despite fears of a burgeoning shadow banking industry, the country will avoid systemic financial failure.

The regulator has teamed up with 16 market participants to explore the viability of CBDC implementation. However, questions around interoperability, monetary sovereignty and the role of the traditional banking system remain.

Experts share insights around the value potential of a digital currency, following the HKMA’s publication of an initial report on the pilot.