Forbidden City

Farewell to easy, easy money

  • Published 09 Jul 2009

Beijing has two challenges on its hands; one of an economic nature to curb liquidity without stopping growth, and the other of political importance to contain the worst ethnic unrest since the Cultural Revolution.

"When at first we met, it was awkward, but our parting was yet more difficult." So runs the opening line of a famous Tang dynasty poem. The sentiment it describes could be applied to the task now facing the People's Bank of China (PBoC).

Issue icon

Latest Issue

12 Jan 2012

Browse the archive

Get two weeks free trial Subscribe now to access all of China Confidential

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Find out more