Month: July 2013

Is China too big to fail?

My recent post about the financial problems of shipbuilder Rongsheng was renamed from it’s original title to become China believes shipbuilder is ‘too big to fail’ – does China share the same belief about itself?” This posed a very interesting question:… Read More ›

China plays down economic turmoil

China’s chief banking regulator said on Saturday that liquidity in China’s banking system is sufficient and pledged to control risks from local government debt, real estate and shadow banking. Despite a cash squeeze that sent money-market interest rates soaring over… Read More ›