Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
China's leverage crackdown gets shrug from markets
An investor at a brokerage office in Beijing. Markets are generally unperturbed as Chinese policymakers have delivered the goods, with growth at near 7%, stoking corporate earnings even amid the clampdown on leverage.
PHOTO: REUTERS
Sydney
THE Chinese leadership has this year made its strongest commitment yet to curb financial risks and rein in spendthrift local officials, yet the campaign has spurred barely a ripple of concern among global investors.
In a recent survey, China hardly registered on the list of...
Please log in to continue reading.
