The Shanghai Composite Index has been under persistent downward pressure in 2018, easing to a level earlier this week that was 25 per cent below its high in January. Photo: Reuters
Could China find itself at the centre of the next financial crisis because of its mounting debt?
China has been a force of stability in recent financial downturns, but may play a different role in future crises, analysts said.
Topic |
Global Financial Crisis
The Shanghai Composite Index has been under persistent downward pressure in 2018, easing to a level earlier this week that was 25 per cent below its high in January. Photo: Reuters