Lingling Wei 魏玲灵(@Lingling_Wei):I asked an adviser to China's central bank how close the country was to a financial crisis. His answer: depends on your definition -- by some Western metrics, China's already had several. New WSJ CHINA column, an interview with @michaelxpettis: Beijing can prevent the panic. It can't avoid the cost. https://t.co/0IGXwZpkFH via @WSJ

Lingling Wei 魏玲灵

@Lingling_Wei

Mama. @WSJ Chief China Correspondent. Author of award-winning “WSJ CHINA”newsletter. Coauthor w/@bobdavis187 of “Superpower Showdown."

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Lingling Wei 魏玲灵@Lingling_Wei

2026.09.15 13:24

I asked an adviser to China's central bank how close the country was to a financial crisis. His answer: depends on your definition -- by some Western metrics, China's already had several. New WSJ CHINA column, an interview with @michaelxpettis: Beijing can prevent the panic. It can't avoid the cost. via @WSJ