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- 28 maggio 2015
First Defaults Hit China
“When even the banana peddler starts buying up stocks, it means that the end is near.” A few weeks ago in China, this tweet was all the rage, together with a photo of a street merchant that does trading online while selling bananas at the market. Yesterday the Chinese company Zhuhai Zhongfu, a
- 20 agosto 2014
In Search of Convergence
CAMBRIDGE – One puzzle of the world economy is that for 200 years, the world’s rich countries grew faster than poorer countries, a process aptly described by
- 20 novembre 2012
A New Agenda for China’s New Leaders?
STANFORD – Political leadership transitions typically signal either a change in direction or continuity. But the mere prospect of such a transition usually