With energy prices high and rising, and inflation soaring, it is starting to look like the late 1970s all over again. But appearances can be deceiving.
Von Redaktion Table
Beijing has done a lot to clean up its financial sector in recent years. But authorities admit that there is still a lot to be done, especially at regional banks. The failed payment to private customers in Henan could be the beginning of further deterioration.
Von Redaktion Table