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If you thought that the crisis facing China’s equity and currency markets – so evident last summer – was over, renewed turmoil in the first weeks of 2016 shows that there is still a long way to go, writes GIS Guest Expert Nick Fielding. Government support has helped slow the price collapse, and there have even been some scattered signs of stabilization in real esta...
Have China’s leaders given up on their commitment to move to a more market-driven economy? You could be forgiven for thinking so, if you observed them straining every nerve to push the stock market back up over the past two months. Foreign investors may worry that the opening-up of recent years has been halted, even reversed. It is impossible to say when, or even i...