Financial Times FT.com

Global economy: The virtues of not being financially sophisticated

By David Pilling

Published: April 1 2009 17:00 | Last updated: April 1 2009 17:00

Is it time for Beijing to step up to the plate? China is one of a handful of countries – and by far the most important – that is likely to emerge from the global credit crisis relatively stronger.

Its closed, tightly regulated financial system has been largely shielded from the toxic chain of events felling banks and insurers worldwide.

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