Chinese Censors Rush to Make ‘Panama Papers’ Disappear

Several Beijing Leaders Implicated in the Big Leak, but from Reading Social Media You’d Never Know

By David Wertime on April 5, 2016

On April 3, the Washington, D.C.-based non-profit International Committee of Investigative Journalists dropped what struck many as a bombshell: news that a leaked trove of 11.5 million previously secret files from Panama-based law firm Mossack Fonseca revealed the offshore accounts of a dizzying array of world leaders, their relatives or contacts, including several connected to sitting and former Chinese high officials.

No Point in Ramping Up Personal Debt to Help Property Market

By Hu Shuli

on April 5, 2016

Having banks and local governments deleverage and trim overcapacity are part and parcel with central government efforts to maintain stable growth by nurturing the supply side of the economy. But even as this is happening, the housing market has been flooded with new loans in recent months, exposing the economy to new risks.

The central government has identified industrial overcapacity and excessive debts that banks and regional governments have racked up as two of five key problems it needs to address this year.

Anthony Kao

on April 4, 2016

Anthony Kao is a technology product manager in the Silicon Valley. He founded and writes for Cinema Escapist, an online home for commentary on foreign and independent films. Kao studied modern Chinese history at the University of California, Berkeley.