News Review: China's Oct PMI Climbs; Analyst Sanguine On China's Shadow Banking Sector

Summary: In this episode of China Money Podcast, our host Nina Xiang reviews the most important investment news this week: - China's October PMI climbs and market sentiment improves - BlackRock predicts that the Chinese economy will stagnant at 7-8% annual growth in the next few years - Two Chinese officials jailed for leaking secret economic data to professionals in the securities industry - China's central banker, Zhou Xiaochuan, argues that the Chinese economy is already rebalancing - Bernstein analyst is sanguine on China's shadow banking sector