Michele Wucker , the author of “The Gray Rhino,” recently keynoted at an investor summit in Beijing, China, where she shared her insights on risk management and how to deal with “gray rhino” events that can have a significant impact on businesses and economies. For those who are unfamiliar, a “gray rhino” is a metaphor for […]
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In 2017, the Mainland Chinese newspaper, People’s Daily, warned that China faced a variety of systemic financial risks, including the “Gray Rhinos.” China’s business community immediately took notice of the term, and it is now used in Chinese media without explanation. Why China loves the Gray Rhino concept? Michele Wucker, the author of the “Gray […]
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