Showing posts with label China crash. Show all posts
Showing posts with label China crash. Show all posts

Saturday, September 5, 2015

James Mayger — China’s Zhou Kept Repeating the Bubble ‘Burst’ at G-20 Meeting


Get to know this guy. While he doesn't exactly run China's economy, he has the ear of the people that do. He apparently persuaded the leadership to further liberalize the currency and is certainly a top influencer. He is approaching retirement so this is his last stand.

Bloomberg
China’s Zhou Kept Repeating the Bubble ‘Burst’ at G-20 Meeting
James Mayger

Friday, September 4, 2015

Ambrose Evans-Pritchard — Nouriel Roubini dismisses China scare as false alarm, stuns with optimism

Nouriel Roubini has cast aside his mantle as the lugubrious "Dr Doom" of the global economy, scathingly dismissing market panic over China as "manic depressive" behaviour by ill-informed investors.
"China is not in free-fall," he told the Ambrosetti forum of world leaders on Lake Como.

Mr Roubini, a professor at New York University, described the alarmist reaction to the Shanghai stock market rout as "excessive, unreasonable and irrational".…
The Telegraph
Nouriel Roubini dismisses China scare as false alarm, stuns with optimism
Ambrose Evans-Pritchard