China slowdown

Chinese retail sales, fixed-asset investment and new-lending growth all fell in April in further signs that the economy is suffering from recent government measures to curb an unsustainable expansion in credit. Although commodities have reacted badly, do stable foreign-exchange reserves suggest that China should have this slowdown under better control than in previous episodes? Our expert panel will assess all this as well as exploring the implications of new measures designed to open up the world’s third-largest bond market to offer investors more exposure to the world’s second-largest economy.