China

China and the challenge of creative destruction

If China is to continue its remarkable economic success of the past 30 years, it needs to tolerate and even encourage disruptive figures such as Steve Jobs. David Rowe argues that it is unclear whether the existing power structure is prepared to do so

HKEx to start OTC clearing in April

The Hong Kong bourse is set to start OTC derivatives clearing in April and is planning to expand its cross-asset derivatives offering over the next two to three years

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