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2012-05-15 — telegraph.co.uk
If China were a normal country, it would be hurtling into a brick wall. A "hard-landing" later this year would already be baked into the pie.
Whether this hybrid system of market Leninism -- with banks run by Party bosses -- conforms to Western monetary theory is a hotly contested point. The issue will be settled one way or the other soon source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |