China's central bank governor Zhou Xiaochuan. Photo: Reuters
Tom Holland
Opinion

Opinion

Abacus by Tom Holland

This is no Minsky moment: here’s the real reason China’s top central banker is ringing the alarm bell

Warnings over the build-up of credit in China are nothing new, but when Zhou Xiaochuan speaks out, ears prick up. But before you start panicking, it’s worth considering his agenda

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China's central bank governor Zhou Xiaochuan. Photo: Reuters
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