Economics
China Financial Warning Signs Are Flashing Almost Everywhere
- Defaults, weak banks threaten growth and financial stability
- Wary of moral hazard, officials have been reluctant to step in
This article is for subscribers only.
Sign up for Next China, a weekly email on where the nation stands now and where it's going next.
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the nation’s policy makers to the test.