Thursday, October 1, 2015

IIF Points to China Crash Worries

Fears of a crash in China could be self-fulfilling, says Institute of International Finance (IIF). As investors pull money from developing economies, particularly China, because of worries of a crash, the shortage of capital could create a slowdown. The IIF says the current outflow of capital is a continuation of trends it has been following since 2012. Heather Stewart writing at The Guardian:

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