OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
A personal look at China by a British businessman and long-term China resident, explaining why he is moving his family out of the country. The Loadstar has more than a passing acquaintance with China, and can attest to the truth of much of what is written here. There are many ominous signs about the direction in which China’s economy is heading, and their causes and possible outcomes are well explained here, interwoven with the sort of fascinating insight that can only come from living there for decades. Long, but essential reading if you want to understand how China ticks.
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