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Market Overview

Market Overview

China Update, January 25, 2017

In the past we have stated that China is probably the most misunderstood economic system in the world. It is a blend of totalitarianism (quite a mouthful) and free enterprise. Dictatorship exits at the top but in commerce our version of free enterprise flourishes among the ordinary citizenry. Over the last few years many in the west had predicted numerous hard landings for the Chinese economy. Debt load, shadow banking, etc. usually get cited as the triggers. None have materialized...
Monday, February 6, 2017/Author: John Hsu/Number of views (435)/Comments (0)/
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