地方債

Old games in vogue as China  finance system  faces erosion

Thanks partly to a lack of transparency by the Chinese authorities and partly to ignorance from the rest of the world, economic headlines emanating from Beijing tend to cause panic and euphoria in equal measure and rapid succession.

So a slowdown in Chinese growth in the first quarter and the realisation that China has entered a period of slower economic expansion have shaken global markets in everything from commodities to currencies over the past two days.

In the wake of the first quarter dip, fears of an imminent financial crash have proliferated. But a cursory examination of how China works should help ease fears for now.

您已閱讀16%(631字),剩餘84%(3370字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。
版權聲明:本文版權歸FT中文網所有,未經允許任何單位或個人不得轉載,複製或以任何其他方式使用本文全部或部分,侵權必究。
設置字型大小×
最小
較小
默認
較大
最大
分享×