Traders in the New York Stock Exchange on July 19. Correlated world markets means there may be no place to hide. Photo: Reuters

China ignores the ‘grey rhino’ threats to its economy at its own peril

Andrew Sheng says its policymakers are rightly being called on not just to watch out for unknown market dangers, but also deal with the known risks to the economy we tend to ignore

Topic |   Global Financial Crisis

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Traders in the New York Stock Exchange on July 19. Correlated world markets means there may be no place to hide. Photo: Reuters
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