Can China’s Boom Be Sustained?
Can China’s Boom Be Sustained? It appears that even skeptics tend to lean more towards optimism despite some rather alarming realities behind China’s shadow banking system. The 11.7 trillion-yuan stimulus has certainly spurred economic growth (the IMF predicts China to grow at 10.5% in 2010 and 9.6% in 2011), but somewhere underneath the calm waters … Read more
Update: US debt numbers
China’s holdings of Treasury debt post slight gain