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Michael Pettis: China's Economic Growth Model Is Dying
Forward Guidance
The Three Red Lines of the Chinese Real Estate Market
The big four Chinese banks are partially privatized but have their chairmen determined by Beijing./nThere are smaller commercial banks that are mostly privately owned, and smaller banks owned by cooperatives or local governments./nThe banking system in China is heavily regulated and controlled, making the distinction between state-owned and privately owned banks less important./nThe Chinese government, specifically Beijing, heavily controls lending by instructing banks on how much to lend to certain industries./nThe crackdown on real estate in China could have been influenced by Beijing telling banks to limit lending to the real estate sector.
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