Economics of China

"The big picture is that people have had way too much confidence in the ability of the Chinese government to run their economy. And what we’ve seen for the last couple of weeks is that when the going gets tough, actually, the Chinese government, they’re not magicians. They’re not wizards. They’re just as incompetent as every other government and just as buffeted by market forces. ..." [read more]

David Rennie - 08/29/15



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