Sweet spot in the shadows

In my MINT column today, I dealt with the ridiculous notion that China economy could be in a sweet spot.I had relied on the IMF Working Paper on China Residential Real Estate Overcapacity, on a short research note from Bank of America – Merrill Lynch on the rising defaults in shadow banking and on an excellent slide deck from the Royal Bank of Scotland available in valuewalk.

If I had seen this story on the collapse of a wealth management firm in Shanghai, I would have used it too, with much enthusiasm.

There was no space to link to this rather interesting and insightful story on the concentration of power in the hands of the Chinese President, penned by Orville Schell for the New York Review of Books.Of course, it was the subject of my previous blog post.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s