The stronger dollar and higher bond yields are already causing problems for emerging markets. Photo: Reuters
Laura He
Opinion

Opinion

Across The Border by Laura He

PBOC balances credit crisis risk against currency flight danger

Central bank pulled two ways as US rate rise set to pose stark question - raise credit costs in debt-heavy economy or watch capital drain away?

TOP PICKS

The stronger dollar and higher bond yields are already causing problems for emerging markets. Photo: Reuters
READ FULL ARTICLE