lørdag 1. august 2015

Is the sun setting on China's economy?

There is a risk of exaggerating similarities between Japan 1990 and China 2015, but there are some. Chinese policy makers have undoubtedly read up on the lessons from Japan's spectacular bubble bursting in the 1990s. There is much to learn from Tokyo's mishandling of that financial crisis that prolonged the pain for two decades and counting. Read more