China's Banking Mess: It's the Politics, Stupid

After the People's Bank of China (PBOC), issued a reassuring statement on June 25 that dispelled investors' worries about the lack of liquidity in China's interbank loan market, Chinese stock markets halted their plunge, and the rates of China's...

Caixin Media
06.25.13

Legal, Economic Reforms Important At Coming Party Session

China’s blueprint for economic reform is finally taking shape. The government has appointed a taskforce to draft the plans, ahead of the third plenary meeting of the 18th Central Committee. With the country’s economy at the crossroads, these...

Conversation
06.21.13

How Should the World Prepare for a Slower China?

Arthur R. Kroeber & Patrick Chovanec

Get Ready for a Slower China

The recent gyrations on the Chinese interbank market underscore that the chief risk to global growth now comes from China. Make no mistake: credit policy will tighten substantially in the...