China tames 'grey rhinos' after shopping sprees
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
"GREY rhinos" have become a hunted species in China, where government regulators are clamping down on powerful private conglomerates amid fears that they are racking up dangerous debt levels.
Coined by an American policy analyst, the rhino reference points to long-visible threats that can charge suddenly and wreak havoc, as opposed to unforeseen "black swans".
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
