Not exact matches
China has been trying to
get its unruly financial sector under control, worried that asset bubbles and its enormous unofficial — or «
shadow» — banking system could threaten its
economy, the world's second largest after the United States».
When he became
shadow chancellor in early 2011, he set a benchmark for success as
getting ahead of the Tories on the
economy.
Over recent days we've also heard my
shadow cabinet colleagues, Emma Reynolds and Tristram Hunt, talk about how a Labour government will ensure we
get the house building we need to strengthen our
economy and improve people's quality of life, and about how we raise standards in our schools to ensure our children are equipped to succeed.
That outperformance was not repeatable because the capital of the banking and
shadow banking industries had
gotten so large that there was no longer any way that they could extract a high return out of the rest of the
economy.