Do China’s Stock Markets Portend The Chickens Are Finally Coming Home To Roost?

No economy can have its cake and eat it too. The overarching objective of modern China’s economic reform program, which was launched in 1978 soon after the death of Mao Tse Tung and perhaps best encapsulated in Deng Xiao Ping’s 1992 pronouncement of the concept of a “socialist market economy”, […]