Monthly Archives: July 2013

The way China’s State Council makes its most important decisions

Something that dawned on me as I analyzed the current liquidity crisis engulfing the Chinese banking industry was to reflect on the way in which China’s top policy making body, the State Council, delays or sidesteps its most important decisions. … Continue reading…

If I read China’s latest liquidity crisis right…

The manner in which the banking liquidity crisis currently underway in China is being reported and discussed worldwide by the media, analysts and very respected academics, as an attempt “to teach banks a lesson” baffles me. There is no central … Continue reading…