Econ and Finance - 28 Jul 2017

The Party sends a clear message on the economy

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“Grey rhino”. That’s China’s latest financial buzzword — get to know it.

The idea is that regulators need to be focused not only on “black swan” events, which are rare and difficult to predict. They also need to look at “grey rhino” risks that are obvious but often ignored.

Grey rhinos w...


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