China's challenges


It is sometimes tempting to believe there is no real economic risk management in China. Efforts to display the contrary are described by some parties as 'window dressing' aimed at luring in foreign investors to buy shares in Chinese financial institutions when they listed on international stock exchanges.

The departure of seasoned foreign risk advisers and risk managers from some of China's largest banks - at least one of them extremely acrimoniously after allegations the bank was hiding $3

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