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China Confidential - Premium Investment Insight

The Big Call

05 May 2011

In spite of official controls on the formal banking system, the Trust industry and vast underground bank networks are rendering such moves ineffective in reducing overall levels of credit.

RENMINBI COMPASS

Renminbi Compass, a new research service launched by the FT, aims to act as a navigational guide through the expanding universe of renminbi asset classes. With the Chinese currency gaining ever-wider acceptance around the world and Beijing taking steps to open its capital account, we are broadening our research coverage to include not only equity funds but also all other important renminbi asset classes, such as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art, antiques and several others.