It’s becoming something of a semi-annual tradition in China: A major bank or company misses an earnings report or bond repayment, or finds some other way to hint that it may be in dire need of a bailout. Regulators remain conspicuously silent as panic ripples through the Chinese financial system, so much of which runs […]
China’s Financial Brinksmanship
Beijing is embarking on its biggest game of market meltdown chicken to date.
