China: Are Investment Risks Accelerating?

Clement K. Miller |
Wilmington Wire
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June 29, 2018—During 2Q 2018, it appears that China equity and currency risks have risen against the background of a somewhat softer local economy. A Chinese state think tank caused a stir by briefly posting online a report warning policymakers that they should take actions to preclude a “financial panic.” The facts are as follows: The

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Rising Capex and its Relationship with Productivity: Just a matter of time?

Rhea Thomas |
Wilmington Wire
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June 28, 2018—One of the much-heralded benefits of tax reform enacted at the end of last year was the expectation of a boost to GDP due to strong incentives for companies to increase capital expenditures, or “capex.” With companies now having had nearly six months to digest the tax reform package, economists and markets have

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