Are these Conglomerates the Black Swan in China?
Sudden Financial Meltdown is “less likely.”
New CEO Cuts Costs: Ford shifts production of compact car from Michigan and Mexico to China.
The HK dollar is pegged to the US dollar. HK monetary policy follows the Fed. And the Fed is raising rates.
“We know as we’re investing there, we’re also creating a competitor.”
Just one more reason for China to develop its own mousetrap.
Robots are the Great Equalizer.
“People need to ask themselves very carefully, ‘Why am I buying this house?”’: Stephen Poloz, Bank of Canada.
Who’s Behind China’s Wild House Price Bubble? State-Owned Property Developers, Funded by State-Owned Banks.