The debt problems of Chinese real estate group Evergrande have the markets in turmoil. Stephen Roach explains why even bankruptcy would not have serious consequences. However, the US economist sees far greater problems that have their roots in current Chinese politics.
Von Redaktion Table
The latest leak on tax havens also features numerous Chinese names. Companies use shell companies in offshore centers to circumvent strict Chinese regulations. But China's princelings also like to take advantage of the haziness of tax havens.
Von Nico Beckert