China’s massive corporate crackdown aimed at curbing outflows: IMF’s former China chief Prasad

China is sending a “remarkably strong signal” about stemming capital outflows by going after big companies, said Eswar Prasad, the former head of the IMF’s China division. “I think there is a concern here that corporate outflows, among other...

China will soon get leaders who aren’t scared, and the economy should rally: Ex-PBOC adviser

China’s economic growth will accelerate because the country will finally get leaders who aren’t scared, a former adviser to China’s central bank said Wednesday. “The most important reason is that there is a new group of officials being...