Money market funds in China become less systemically risky (Robert C. Pozen, Brookings)

Last year, China's stock market took a tumble, which sent shock waves through the global securities markets. Now, money market funds are booming in China and could present the next systemic risk. While Chinese regulators have taken steps to reduce that risk, the question is whether they have gone far enough

http://www.brookings.edu/research/opinions/2016/05/16-money-market-funds-china-less-systemically-risky-pozen