In Chinese Markets, It’s A Good Year For A Bloodletting

“…China borrowed a lot of money to finance projects (mostly vanity projects) to boost its economy as the rest of the global economy went into a tailspin in the wake of the financial crisis in the late 2000’s…” – original author

Advertisements

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 )

Twitter picture

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

Facebook photo

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

Google+ photo

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

Connecting to %s