“The nature of Monkey was… irrepressible!”
The Chinese Economy looks awful. I challenge readers to find anything positive written about it in recent weeks. A few years ago – in the wake of Economic crisis in the West, attracted by apparent Chinese liberalisation and the belief it would soon overtake the US – everyone wanted a slice of the Chinese economic miracle.
More recently a host of factors have come together to apparently crush the Middle Kingdom’s outlook, presenting a picture of a horrendous macro crisis: