Lehman lessons should keep China out of trouble

On the 5th anniversary of the Lehman Brothers bankruptcy, Chinese economists tell FinanceAsia that, despite fears of a burgeoning shadow banking industry, the country will avoid systemic financial failure.

Lehman lessons should keep China out of trouble

It sometimes feels like the whole world is bracing for the financial crisis to re-emerge in China, like a fresh outbreak of Sars.

But, as the 5th anniversary of Lehman Brothers’ came and went at the weekend, Chinese economists say they are convinced a bank default on such a scale will not happen, in spite of fears of a swelling shadow banking industry.

Broadly, the collapse of the US bank, and...

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