China’s Challenges In The Year Of The Monkey

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The run-up to China’s Year of the Monkey has hardly proved auspicious. How will policymakers handle the challenges ahead? Could this be a year in which China reins back on reform? In the last few weeks, China’s policymakers have been confronted by local stock markets in free fall, huge capital outflows as the value of the renminbi (RMB) has plunged, and global consternation about the continuing slowdown in the country’s growth rate.…

AllianceBernstein on China's challenges

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