A decision to include mainland Chinese shares in MSCI’s global equity indices would cause ripples rather than waves in Shanghai and Shenzhen.

In trade-weighted terms, the renminbi has regained some lost ground recently. But all the headlinesare about it falling to multi-year lows against the dollar. This underlines the difficult position...

China’s government has the resources to clean up the bad debts in its financial system. Even if the corporate sector were to default on a quarter of its debt and the government responded by bailing...

Foreigners continued to pull money out of China last month. But a further slowdown in the pace of external debt deleveraging helped to keep capital outflows manageable.