James Lewis

Banking Concerns and Chinese University Rankings

It is good to hear that Peking Uni is following a more balanced approach to developing both the right side and the left side of the brain. Left side being the prominent area that mainland chinese people have developed, contributing to great success in developing the economy but complete failure in devloping fair and just society. As well as problems with realising innovation potential.

Looking forward to the next generation of political leaders, I very much hope that more will be right brained. The world and the Chinese society really needs this. I wonder if this is possible..

On the issue of loans, there are rumours going around that everyone is running to borrow money now to avoid the clamping down of loans later. For some reason everyone seems to think this is bullish for asset values (where most of the money will go) and are exhibitng the typical crowd mentality of bidding everything up. Cues outside real estate offices are very common right now.
It seems to me we just have a front loading of loans and purchases and if liquidity is drained out at the end of quarter 4. Then we could see a frosty winter.

all very interesting...