I help institutional investors better understand the black box that is China's financial system.
China's financial system is at a pivotal moment. Beijing is attempting to clean up the waste and excess that has been allowed to accrue for the past decade, without exacerbating the risks. However, few people have the background, experience, and expertise to truly delve into what's going on--and explain why it matters.
I've spent 15 years building a deep understanding of the idiosyncrasies of China's system. I've had 10 years of on-the-ground experience working as a financial journalist in Beijing and Shanghai, augmented by more technical grounding during the time I've spent at U.S.-based think tanks.
I am also the author of 'China's Great Wall of Debt: Shadow Banks, Ghost Cities, Massive Loans, and the End of the Chinese Miracle,' which was published by Houghton Mifflin Harcourt in 2018. The book explains the mechanics of China's political economy, and why the financial system operates the way it does. WSJ said the following about it:
"[This] book will be an indispensable explainer in the event of a downturn and a useful guide to understanding China’s economy in the meantime.”
These days, I produce unique insights into what's going on inside if China's financial system for clients that include a major investment bank, a distressed debt investment fund, and macro research companies. My research focuses on areas central to the stability and sustainability of the system, such as:
° Nonperforming loan recognition and disposal
° Bank recapitalization
° The PBOC's liquidity management efforts
° Local government debt
° Credit allocation
° Shadow banking
I also speak globally on issues relating to China's economy and financial system. If you'd like to hire me to speak, or are interested in my research, please feel free to contact me.
Source: dinnymcmahon.com and Linked In