John Foley is Reuters Breakingviews' China editor. Based in Beijing, he writes on China’s economy and financial markets. John established Breakingviews’ Hong Kong bureau in 2009, and previously wrote on mergers and acquisitions, capital markets and consumer goods in London. Before joining Breakingviews in 2004, John worked as a copywriter for a London-based advertising agency. John read English Literature at Exeter College, Oxford. Follow John on Twitter @johnsfoley
- Tel: +86 10 6627 1220
- E-mail: email@example.com
The People’s Bank is justified in cutting rates and giving banks extra lending power. But unfortunately the authorities look like they are trying to stop bubbly stock markets from sliding. They are damned if the easing works, and even more damned if it doesn’t.
China has towering international influence and a huge population. It will soon be the world’s largest economy too. But it’s hard to know what makes the People’s Republic tick. Enter the Breakingviews required reading list, eight works agreeably free of “dragon” in the title.
Guotai Junan shares popped 44 pct after its IPO, valuing China’s third-largest broker at $35 billion. Rivals make that look pedestrian. Such excesses are possible because China remains mostly sealed. Foreign markets courting China’s capital should hope its exuberance stays home.
- China's new Silk Road paved with hidden costs
- Tencent dredges Hong Kong's murky depths
- China and UK are worlds apart on public debt
- China mixes up crowdfunding and groupthink
- China’s latest developer rescue plumbs new depths
- Chinese broker cashes in on doped-up stock markets
- Elliott lands glancing blow on cosy HK market