Wall Street sinks as China turmoil hits global shares

Wall Street sinks as China turmoil hits global shares
Legendary US billionaire investor George Soros has warned that 2016 could see a global financial crisis on as big a scale as that seen just eight years ago. Giving a speech to an economic forum in Sri Lanka, Mr Soros said China faced a ” major …
Read more on BBC News

AIIB is reshaping the global financial order
In today’s world, the existing order is breaking down, and the rise of new forces is driving a new order. Since the 2008 financial crisis, dramatic changes have occurred. The global economy is entering a new phase with major challenges. The …
Read more on CCTV

Tapped for SDR Basket, Yuan Reform Goes Global
(Beijing) – Advocates of financial reform consider the International Monetary Fund’s plan to add the yuan to its special drawing rights (SDR) currency basket as momentous as the World Trade Organization’s welcome in 2001. From central bankers to …
Read more on Caixin Media

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