Skip to main content

Curated by Project Syndicate

China’s Stock Market Jitters

11 commentaries

China’s equity markets have been on a roller-coaster ride of late, with the country’s policymakers desperate to apply the brakes. Could the tumult derail China’s reforms, particularly its effort to make the renminbi a truly global currency?

Sort by: Show:
  1. Can the Renminbi Take on the World?
    renminbi dollar Gao Xinsheng/ZumaPress

    Can the Renminbi Take on the World?

    Aug 5, 2015 Alex Friedman views China's recent stock-market volatility through the lens of its reserve-currency ambitions.

  2. China’s Malfunctioning Financial Regulation
    shanghai stock exchange Zhengyi Xie/ZumaPress

    China’s Malfunctioning Financial Regulation

    Aug 4, 2015 Zhang Jun blames the recent stock-market tumult on the government.

  3. Letting China’s Bubble Burst
    spence73 chart 4by3

    Letting China’s Bubble Burst

    Jul 29, 2015 Michael Spence calls on Chinese leaders to focus on improved regulation, rather than propping up equity prices.

  4. China’s Abnormal Stock Market
    china stock market watching Jessie Wang/Flickr

    China’s Abnormal Stock Market

    Jul 28, 2015 Linda Yueh explains why government intervention has only caused greater volatility.

  5. Market Manipulation Goes Global
    china stock market plunge Zhengyi Xie/ZumaPress

    Market Manipulation Goes Global

    Jul 27, 2015 Stephen S. Roach compares China's effort to shore up equity prices to similar measures in the US, Europe, and Japan.

  6. China’s Patient Investors
    china stock market 2 dogs/Flickr

    China’s Patient Investors

    Jul 22, 2015 Zhang Lei explains how partnering with Chinese entrepreneurs for the long term can be profitable.

  1. sierakowski91_Omar MarquesGetty Images_ukrainian refugees Omar Marques/Getty Images

    Resentment on the Western Front

    Sławomir Sierakowski thinks the Polish public needs a more open and honest conversation about refugees before resentment spirals.
  2. vives17_ Leon NealGetty Images_ftx Leon Neal/Getty Images

    Crypto’s Well-Worn Path to Crisis

    Xavier Vives writes that, despite the novelty of the assets, the narrative of FTX’s collapse was established long ago.
  3. roubini171_Spencer PlattGetty Images_recession looming Spencer Platt/Getty Images

    The Unavoidable Crash

    Nouriel Roubini anticipates a stagflationary debt crisis, owing to a dangerous combination of inflation and over-borrowing.
  4. nye236_SAUL LOEBAFP via Getty Images_biden xi SAUL LOEB/AFP via Getty Images

    War Over Taiwan?

    Joseph S. Nye, Jr. considers whether a deterrence arrangement that has worked for 50 years is still sufficient.
  5. op_livingston1_Anna MoneymakerGetty Images_fed Anna Moneymaker/Getty Images

    The Contested Fed

    James Livingston

    By all accounts, central banks – particularly the Fed, because the dollar is still the world’s dominant currency – already act as investment authorities. But their recent bailouts have exacerbated economic inequality, and have done little or nothing to address climate change.

    reviews three books that, each in its own way, reveal a central truth about the world’s leading central bank.
  6. pisaniferry140_Sean GallupGetty Images_cop27 Sean GallupGetty Images

    The Economics of Mainstreaming Climate Action

    Jean Pisani-Ferry & Selma Mahfouz identify the risks and short-term costs associated with the energy transition over the next decade.
  7. haldar15_ Tayfun CoskunAnadolu Agency via Getty Images_twitter Tayfun Coskun/Anadolu Agency via Getty Images

    Killing Twitter

    Antara Haldar explains what Elon Musk fundamentally misunderstands about the platform – and about free speech.
  8. emmott41_musk

    The Napoleons of Big Tech

    Bill Emmott

    Recent events in the technology sector suggest that investors and lenders should be demanding a premium to cover the risk that a star entrepreneur will become an egomaniacal dictator. With each business cycle, it seems, old lessons must be relearned.

    sees in the industry’s harsh reckoning this year lessons that apparently can’t be learned often enough.
  9. BP - ftx NurPhoto / Contributor via Getty Images

    The Crypto Emperor’s New Clothes

    The collapse of several crypto platforms this year – including the spectacular crash of the second-largest cryptocurrency exchange, FTX – has raised fundamental questions about the credibility of a digital innovation once hailed as the key to democratizing finance. Has crypto finally been exposed as a scam, or will a new, stronger crypto industry emerge from the current turmoil?

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.