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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: stress tests

The People’s Bank of China has registered 78 digital currency patents in the last two years. Photo: iStock
Posted inBeijing, China, Shanghai, World

China looks to avoid the ‘too big to fail’ trap

by Gordon Watts November 28, 2018February 18, 2020

Back in the dark days of the Global Financial Crisis, the phrase “too big to fail” became a sign of the times. Exactly 10 years ago, it underlined corporate excess after stock markets were clobbered and banks wobbled in the wake of the Lehman Brothers collapse. Fast forward to 2018, and China is trying to […]

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