One year ago, bulls on China were scoffing at the idea of a slowdown in Chinese growth. Now...


One year ago, bulls on China were scoffing at the idea of a slowdown in Chinese growth. Now those same bulls insist China is not at risk of a hard landing. Noting the prevalence of fraudulent companies, Joseph Sternberg asks what kind of a sustainable economy can be built atop a regulatory system that essentially forces "firms to fudge their books."

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