The IMF’s recent warning should be taken very seriously
Warnings about rising debt have not gone down well with China’s leaders. But without some drastic action a similar crash to the west’s 2008 will become increasingly likely.
This is a Financial Times Long View piece on China’s debt bubble, summarising a discussion I led with an audience at the FT on 15th May.
First published: Financial Times, 29/04/2016
Credit build-up will end with serious consequences for the global economy
On one of my first trips to China in the early 1990s,
First published: Nikkei Asian Review, 27/04/2016
The Bank of Japan’s interest rate setting meeting on April 28 is the focus of attention this week for many central bank watchers.
First published: Financial Times, 11/01/2016
Massive accumulation of debt has received passive attention at most
The volatility in China’s equity and currency markets in the first week of 2016 was reminiscent of August 2015,