China and Emerging Markets Capital Crisis That Wasn’t

New figures from China’s central bank point to large, but not crippling, outflows  The end-of-summer meltdown in emerging markets, when the MSCI stock benchmark collapsed by 9% in August, created a bigger fear than just stock losses—chiefly that emerging countries are experiencing crippling capital outflows.

http://tinyurl.com/os7n67z

Emerging Countries Seek to Unite at G-20 Summit

Leaders of major emerging economies, facing slower growth and volatile financial markets, sought to present a united front ahead of the G-20 summit here.  But can they make a forceful case for some action or a strong statement from the larger Group of 20 when the emerging countries themselves don't share the same level of concern?

http://tinyurl.com/n8svctl