Ralph Atkins: Russia debt freeze is lesson for Hong Kong
Russia's President Vladimir Putin gives a press conference after a summit in Minsk early on August 27, 2014.
Beyond a few wobbles, global markets have proved remarkably indifferent this year to political risks – whether Russia’s incursions into Ukraine, Iraq’s descent into chaos or democracy protests in Hong Kong, which have this week tested China, the world’s emerging superpower.
Or have they?