Liberalizing interest rates, is China changing?

Liberalizing interest rates, is China changing?

China has drawn scorn for its efforts to propping up share prices. But President Xi Jinping may yet end up being the reformer China and the world need. A shadow of a man at the People’s Bank of China in Beijing, 11 August 2015. (AP Photo/Andy Wong) The Chinese...

Market contagion and herd mentality

Market contagion and herd mentality

Global markets have been in turmoil in recent days, with the prices of company shares and foreign exchange rates fluctuating wildly. Betty Wong, who covered Wall Street markets for years, takes a look at the herd mentality that can jolt markets around the world. By...

Decoding China

Decoding China

This article is part of a News-Decoder series of “decoders” that explain crucial background to big issues. For more decoders, click here. As the most populous country in the world with one of the fastest growing economies, China is projected by many to be...

Are free markets compatible with Communist rule?

Are free markets compatible with Communist rule?

By Alan Wheatley There are many reasons to be worried about the course of China’s economy over the next year or two. The roller-coaster ride of the stock market is not one of them. But the longer-term implications of the recent 30% slide in Shanghai share prices – or,...

Factbox: China’s stock market moves

Factbox: China’s stock market moves

Mainland China has 2 stock markets: Shanghai and Shenzhen. Hong Kong has an independent stock exchange that is not directly linked to the crisis. Chinese stock prices rose some 150% between July 2014 and June 2015, peaking on June 12. Chinese authorities reacted by...

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