![]() MARKETSĪt its core this is about the unravelling of a boom in cheap money, which has inflated the price of assets across the world and pushed bond investors into riskier and riskier deals as they look for decent returns. While finance ministers spent hours at all night meetings bickering over how to solve the debt crisis, the markets crumbled along with confidence in Europe's political leaders. Just look at what a lack of a unified approach did for Greece. China’s Crackdown Widens as Police Raid Another Firm With Foreign Ties The consulting firm Capvision Partners is the latest to be raided in the name of national security, sending a chill through. "The scale of the resistance is beyond what could have been imagined." If the ruling party is split on what decisions need to be made during a time of crisis, it doesn't bode well. A series of criminal cases brought by prosecutors against professors and researchers as part of. After initially targeting excessive leverage in its property, and causing a massive implosion in that sector, last year the authorities cracked down on China’s technology sector and wiped more than US1 trillion (1.5 trillion) from its value. ![]() "The in-depth reform touches the basic issue of reconfiguring the lifeblood of this enormous economy and is aimed at making it healthier," the article said. A Justice Department effort to root out Chinese espionage at universities has run into controversy. He's tried a few ambitious policies, notably a crackdown on corruption and ostentatious gift-giving and a rebalancing of China's economy away from exporting cheap labour, but they're beginning to come up against "unimaginably" fierce resistance, according to a strongly worded commentary carried by state media on Thursday. Account icon An icon in the shape of a person's head and shoulders.
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