Category Archives: Commentary

CNBC Interview on Asia and Fed Rates

Asia sell-off was a case of follow the leader: Pro
CNBC Asia
Global confidence in U.S. markets is shaky, while the Fed is concerned about corporate spending, says Andrew Collier, MD at Orient Capital Research.

Notes from Beijing

Notes from Beijing  I just returned from a week in Beijing meeting my local contacts. Several interesting points emerged:   New Loan Limits Imposed by the Banks State firms have been the favorite borrowers for most banks in China for the obvious reason that they are a reliable credit. That may be changing. According to […]

Coming Clean on China’s “Hidden” Bank Debt

May 24, 2016 By Andrew Collier Borrowing, which has fueled many infrastructure and housing projects like this one in Shanghai, may be much higher than reported. (Qilai Shen/Bloomberg)   The IMF’s new “Global Financial Stability Report,” with a comprehensive overview of China’s credit outlook, suggests that 5.5 percent of all loans, or $641 billion, are […]

China Default Threatens WMP Market – Bloomberg TV Interview

  Andrew Collier, managing director at Orient Capital Research, discusses China facing looming threats of a default chain reaction in the wealth management market. He speaks to Bloomberg’s Rishaad Salamat on “Trending Business.” (Source: Bloomberg) http://www.bloomberg.com/news/videos/2016-05-30/china-default-chain-reaction-threatens-wmp-market  

China Eyes Vietnam and the TPP Warily

China Eyes Vietnam and the TPP Warily Vietnam’s economic growth, coupled with TPP, could spell trouble for Chinese companies. By Andrew Collier May 14, 2016 U.S. President Barack Obama’s visit to Vietnam later this month, taken together with the Trans-Pacific Partnership trade deal, signals a closer economic alliance between the two countries. The TPP will […]

China’s Forced Reform

China’s Downturn Will Force SOE Reform  The standard analysis about China falls into three baskets. The first is the collapse or decline theory, with very negative views from investors like Jim Chanos and Kyle Bass against more benign economists who see China massaging the downturn. Others are hopeful that recent policy statements will lead to […]