chinese stimulus, page-102

Well, i have asked around about the Chinese desk, it seems that everybody hiding under it:) - waiting for the "Minsky moment". Don't know - did Minsky wrote his thesis about a command-control economy?

Got lots of detailed data and analysis, but there is an overwhelming fear of the Chinese market. The sectors and listed companies in trouble are well know, but who will be bailed-out and who doesn't...that is not so clear.

Here is an other Reuters graphic showing short-term debt to cash listed China cos with servicing issues over level 1:

Many plan to enter the market AFTER the 'crisis'!
Whatever you do - always remember that traders/investors are not positioned in markets absent of legal recourse to property rights.