There is a bubble in China, sooner than expected. What is the growth projection with it and Fed Tapering. Not looking good.
China creates teams to spearhead economic change, with top leaders in charge
China has created six teams to supervise its boldest economic and social changes in 30 years, with President Xi Jinping and Premier Li Keqiang personally taking charge, state media said on Wednesday. Xi has been appointed the head of the central leading group for comprehensive reforms that will oversee the six teams, with Li as his deputy, state radio said after the group held its first-ever meeting. Liu Yunshan and Zhang Gaoli, part of China's elite seven-member Standing Committee - the most powerful governing group in the country - have also been named deputies of the central leading group, the radio said. Letting China's ... (full story)
- Posted: Jan 23, 2014 2:48am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 619