Daily Archives: 02/01/2008

Minxin Pei and Wayne Chen

A CRASH IS CHINA’S CHANCE FOR FINANCIAL REFORMS The spectacular run-up in equity prices in China in the past two years has created a classic asset bubble. The likelihood that the stock market will crash in the not-too-distant future has … Continue reading

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Samuel Brittan

A theme heard among financial analysts is that governments and central banks are running out of “ammunition” to fight a setback in economic activity. Their view seems to me profoundly wrong. The issue here is not whether there is going … Continue reading

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