Monday January 20, 2020

China: now comes the tricky part

The Asian giant needs the world economy to recover if it is to resume its previous impressive growth

22nd August, 2009

There are days when China absolutely dominates the business pages of the world’s newspapers. Last week, many column inches were devoted to the news that Chinese stocks had dipped back (briefly) into bear market territory. As this financial crisis has gone on, it seems increasingly to be as much a micro story as a macro one.

For example, it’s a Chinese company, China Construction Bank Corp, which will be partly refinancing AIG by...

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