Market turmoil only emphasizes China’s importance to the world economy


Source: eminetra.co.uk eminetra.co.uk

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The latest information on Sino-US relations Sign up for myFT Daily Digest to get the first US-China news. A strange feature of the aftermath of the 2008-9 financial crisis was the lack of backlash against international finance compared to the withdrawal from globalized production. Even more interesting is that the Biden administration does not appear to interfere much with world capital, following Donald Trump’s attempt to financially separate from China. This led to a large-scale littering of Chinese bonds and equities by developed country fund managers last week. [New attack](//www.ft.com/content/dfae3282-e14e-4fea-aa5f-c2e914444fb8) About China’s Private Education Industry — Impressive about the turn....