A Bull In A China Shop by Shane Obata and Triggers
China’s stock market is on fire…
…But its economy is cooling off.
Can the divergence last? And what’s next for China?
Stay tuned to find out…
Money flows
Corruption
According to the Financial Times, “Mr. Xi (China’s President) has launched the most aggressive anti-corruption drive ever seen in Communist China” in order to strength the public’s perception of the Communist party’s legitimacy.
“Lavish banquets have stopped” and “gift-giving is less generous.”
The war on graft may be one of the reasons the growth of China’s luxury market was negative in 2014:
Although some areas were strong, men’s wear and...
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