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?
Jul 29, 2015 calls on Chinese leaders to focus on improved regulation, rather than propping up equity prices.
Jul 27, 2015 compares China's effort to shore up equity prices to similar measures in the US, Europe, and Japan.
Jul 21, 2015 & identify the main lessons of the country’s recent stock-market plunge.
Aug 4, 2015 blames the recent stock-market tumult on the government.
Jul 28, 2015 explains why government intervention has only caused greater volatility.
Aug 5, 2015 views China's recent stock-market volatility through the lens of its reserve-currency ambitions.
Worsening economic inequality in recent years is largely the result of policy choices that reflect the political influence and lobbying power of the rich. There is now a self-reinforcing pattern of high profits, low investment, and rising inequality – posing a threat not only to economic growth, but also to democracy.
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