China Down

(1) Bulls and bears in china shop. (2) China’s credit tightening is #1 concern currently. (3) Chinese stocks mixed. (4) Chinese officials go to war against shadow banking system. (5) Are Wealth Management Products weapons of mass financial destruction? (6) Lots of yuan in grey areas. (7) Don’t trust entrusted investments. (8) Shadow banks account for almost 1/3 of “social financing.” (9) China isn’t as fragile as some fear. (10) Plenty of growth in exports and imports. (11) Capital outflows still a problem.