No, not Cosmo Cramer. Jim Cramer of CNBC`s Mad Money fame tonight made Xinhua China 25 his [China] Play of The Day, and expressed his bullish confidence in China`s dictatorship. This is while self-appointed expat China experts are making doom-and-gloom, Panarin-esq predictions that China will suffer fatal crisis or fall from revolution, from range of issues: unemployment, to … [Read more...] about (Letter) Cramer Is Bullish on China
Crisis
(Letter from chinayouren, Opposing Viewpoint) Shanghai’s Tower of Babel
If you've been reading the Chinese press this week, you might have come across two strikingly unharmonious pieces of information. I am speaking of the treatment of the Shanghai Tower news by China Daily (ht Shanghaiist). In the space of 3 days from 11/28 to 12/01 China Daily has changed its tune radically in two articles about the construction of the new tower, which started … [Read more...] about (Letter from chinayouren, Opposing Viewpoint) Shanghai’s Tower of Babel
(Letter from chinayouren) Crisis and The Great Wall of China
During my travels these last weeks in Europe and Asia, and on my return to China, I have observed some rather striking contrasts. So much that they made me think a lot about the present state of Chinese economy, and here is a word about it. Two different ways of seeing the world I was in Europe for the last time the week of the "Meltdown Monday", the one when the Lehman … [Read more...] about (Letter from chinayouren) Crisis and The Great Wall of China