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Tag Archives: Chinese economy

Tyler Durden — “It’s Not Worth Fighting” – Hedge Funds Are Dumping Their China Shorts

Same people that shorted US Treasuries on the announcment of QE and rode it to the bottom? Just last week, Corriente Advisors’ Mark Hart announced the end of a seven-year options position that would’ve seen a massive payoff if the yuan dropped 50%. As we noted, he’d spent $240 million rolling over the options.... ROFLMAO.Zero Hedge"It's Not Worth Fighting" - Hedge Funds Are Dumping Their China ShortsTyler Durden

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How China became a market economy–Review of Julian Gewirtz’s “Unlikely Partners”

A view of the development of market socialism with Chinese characteristics. Julian Gewirtrz’s “Unlikely Partners” charts, with an extraordinary attention to detail, these world-historic decisions and focuses on the role that foreign economists played in these early stages of China’s transformation. But while the declared focus of the book is on the foreign-to-Chinese interaction and cooperation, with the high point (extremely well described) being a week-long cruise-seminar in August 1985...

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Reinhilde Veugelers — China is the world’s new science and technology powerhouse

Chinese R&D investment has grown remarkably over the past two decades. It is now the second-largest performer in terms of R&D spending, on a country basis, and accounts for 20 percent of total world R&D expenditure, with the rate of R&D investment growth greatly exceeding that of the U.S. and the EU.… This steep improvement in S&T performance has been underpinned by significant strides in science and engineering education. China is now the world’s number one...

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Michael Spence — The Global Economy’s New Rule-Maker

Good article on the rise of China without China bashing.Project SyndicateThe Global Economy’s New Rule-MakerMichael Spence | Nobel laureate in economics, is Professor of Economics at NYU’s Stern School of Business, Distinguished Visiting Fellow at the Council on Foreign Relations, Senior Fellow at the Hoover Institution at Stanford University, Advisory Board Co-Chair of the Asia Global Institute in Hong Kong, and Chair of the World Economic Forum Global Agenda Council on New Growth...

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