By Catherine Contiguglia
- In part three of a series on Chinese debt, the FT’s Simon Rabinovitch tells the story of consumer debt and how the country’s youth is warming to credit.
- Central bankers seem resigned to the fact that the world is doomed to an endless cycle of bubble, financial crisis and currency collapse, writes the FT’s Robin Harding, when instead there should be an appetite and momentum for a new kind of international financial system.
- More money isn’t going to solve the problem of cancer if the system isn’t changed. Scientists spend more time in turf wars and struggling to get grants and funding than doing research.
- The gang rape trial that opened in Beijing today is the latest in a string of incidents in China that is throwing media spotlight on the lifestyles of the political elite.
- Have you ever wondered why exactly a certain piece of paper is worth a certain amount? Author Brett Scott goes on a tour of the beliefs that back money, and how newly invented digital currencies can help us understand what currency really means.