Xia Bin, who has been advising the Chinese government on financial policy since 2009, paints a far less rosy picture of the country’s financial industry than the one presented by Beijing. Photo: AFP

Beijing must remain alert to threat of financial crisis, senior adviser says

Nation’s economy has been ‘hijacked’ by property, creating a huge threat to financial stability, government counsellor Xia Bin warns

Topic |   China economy

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Xia Bin, who has been advising the Chinese government on financial policy since 2009, paints a far less rosy picture of the country’s financial industry than the one presented by Beijing. Photo: AFP
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