Welcome to Applied Macroeconomic Centre

A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Monday, November 24, 2014

The end of China's Economic Miracle?

Bob Davis writes based on his personal experience of working in Beijing as a senior editor of the Wall Street Journal. The attached article explains the continuous downfall of the Chinese economy over the last couple of years, and as he sees -

"In China, I have learned, yellow isn't just the color of development. It is also the color of a setting sun."

Link for the article. 

No comments:

Post a Comment