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Call for action on Euro crisis

A group of prominent academics from across the globe have called on governments to substantially reform the world’s banking system and have laid out a plan for dealing with the Euro crisis.

IMF assess China’s financial system stability

The International Monetary Fund has conducted a detailed analysis of the stability of the Chinese financial system. The stability of the financial system of the world’s second biggest economy has come under the spotlight as concerns about price bubbles in real estate markets, spiralling local government debt, and the sharp increase in off-balance sheet lending