Chinese markets stabilized this Monday as investors spooked by last month's cash crunch took heart from a flurry of official reassurances that there is ample liquidity in the financial system. Photo: Reuters Chinese markets stabilized this Monday as investors spooked by last month's cash crunch took heart from a flurry of official reassurances that there is ample liquidity in the financial system. Photo: Reuters
Chinese markets stabilized this Monday as investors spooked by last month's cash crunch took heart from a flurry of official reassurances that there is ample liquidity in the financial system. Photo: Reuters
Hu Shuli
Opinion

Opinion

Hu Shuli

China's credit crunch is a wake-up call for economic restructuring

Hu Shuli calls for government resolve to tackle excess capacity and high debt, while encouraging the development of private enterprise

Hu Shuli
Hu Shuli

Updated: 3:44am, 4 Jul, 2013

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Chinese markets stabilized this Monday as investors spooked by last month's cash crunch took heart from a flurry of official reassurances that there is ample liquidity in the financial system. Photo: Reuters Chinese markets stabilized this Monday as investors spooked by last month's cash crunch took heart from a flurry of official reassurances that there is ample liquidity in the financial system. Photo: Reuters
Chinese markets stabilized this Monday as investors spooked by last month's cash crunch took heart from a flurry of official reassurances that there is ample liquidity in the financial system. Photo: Reuters
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Hu Shuli

Hu Shuli

Hu Shuli is editor-in-chief of Caixin Media Company, editor-in-chief of the weekly magazine Century Weekly, executive editor-in-chief of the monthly journal China Reform and dean of the School of Communication and Design at Sun Yat-sen University. She founded CAIJING magazine, a business and finance review, in 1998.