Sunday, December 28, 2014

Beijing's policy on balance of payments resembles bank robbery





I think there is a subtext here. There often is in these official Beijing pronouncements. In this case it reads, "Ouch. Money is too tight because our balance of payments surplus is too big."









via South China Morning Post - Business feed http://www.scmp.com/comment/insight-opinion/article/1669451/beijings-policy-balance-payments-resembles-bank-robbery

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