Tag Archives: author of the Gray Rhino

Michele Wucker: Why the Gray Rhino Concept is so Popular in China?

Michele Wucker

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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