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Comment EM and The Cover

  • China’s economy will slow sooner rather than later – with profound implications for Asia and the rest of the world
  • China has a rare shot at a “win-win” deal: to trade an appreciation of its currency for something it wants from the US, argues Charles Dumas at Lombard Street Research. The Seoul G20 would be the natural place to cut that deal
  • China's top banking regulator Liu Mingkang argues that recent efforts at global financial reform have fallen short
  • If Beijing raises interest rates too quickly, debt and bankruptcy will surge and growth could collapse. But failure to hike rates will delay a much-needed rebalancing of China’s economy, argues Peking University's Michael Pettis